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Electrical Equipment

The electrical equipment industry has diverse prospects across the globe. It varies according to the size and number of operational areas, network characteristics, the number of customers, and the ownership structure. Models utilized to review the tariffs and revenues reflect this diversity and provide a scope for effective comparison. Despite the diversity, Distribution System Operators (DSOs) and Transmission System Operators (TSO’s) generally impart a high quality and reliability of supply to their customers. However, the operators have been facing challenges of integrating rising variable & decentralized generation share and a new load including electric vehicles into the networks. There are ongoing investments toward distribution networks including smart meters and smart grids to sustain these challenges and replace the aging infrastructure while maintaining the quality of service.

The provision of affordable uninterrupted electricity has been a major thrust area for the regulators, which clearly drives the reforms and policies undertaken. The major concern about coal availability has now shifted the regulatory and industrial focus toward the transmission and distribution sector. Furthermore, efforts to enhance energy efficiency coupled with the increasing electrical losses have seeded the demand for capacity expansion and technological enhancements. Manufacturers across the globe through extensive R&D activities and inorganic strategic implications have been strengthening their market presence.

Drivers:

  • The electric infrastructure is aging and is being compelled to enhance operations than it was originally designed to do. The modernization of the grid networks to make them “smarter” and furthermore resilient through the integration of innovative equipment, technologies, and controls drives the overall electrical equipment industry.
  • Ongoing programs related to the modernization of the power grid including grid energy storage; smart grid development, and research and advanced technologies.
  • Regional efforts to deploy the advanced tools, technologies, and techniques for the resilient, affordable, efficient, and reliable delivery of electricity
  • Rising public and private investments toward the expansion and upgrading of grid infrastructure with an aim to establish a reliable and affordable electric supply network.
  • Regulatory inclination towards the integration of renewable technologies and grid modernization.

Filters

  •    Boiler
  •    Compressors
  •    Electrical Equipment
  •    Heat Pumps
  •    Water Heater

Published: December 2022   

Oil Filled Transformer Market750 Pages

Oil Filled Transformer Market size exceeded USD 37 billion in 2022 and is projected to grow at more than 6.5% CAGR from 2023 to 2032....

Published: November 2022   

Atmospheric Water Generator Market310 Pages

Atmospheric Water Generator Market size surpassed USD 3 billion in 2022 and is estimated to depict more than 16% CAGR between 2023 and 2032. ...

Published: September 2022   

Gas Insulated Switchgear Market500 Pages

Gas Insulated Switchgear Market size valued at USD 20 billion in 2021 and is projected to grow at over 8% CAGR from 2022 to 2030. ...

Published: September 2022   

Ring Main Unit Market582 Pages

Ring Main Unit Market size valued at USD 2 billion in 2021 and is projected to grow at a CAGR of more than 7% from 2022 to 2030....

Published: August 2022   

Circuit Breaker Market1500 Pages

Circuit Breaker Market size exceeded USD 15 billion in 2021 and is projected to expand at a CAGR of over 7% from 2022 to 2030....

Published: August 2022   

Transformer Market950 Pages

Transformer Market size exceeded USD 45 billion in 2021 and is projected to expand a CAGR of 7.1% from 2022 to 2030. ...

Published: August 2022   

Fixed Series Compensation Market176 Pages

Fixed Series Compensation Market size exceeded USD 250 million in revenue in 2021 and is expected to grow at a CAGR of more than 5% from 2022 to 2030....

Published: August 2022   

Static Synchronous Compensator (STATCOM) Market184 Pages

Static Synchronous Compensator (STATCOM) Market size crossed USD 800 million in 2021 and is anticipated to record more than 13% CAGR during 2022 to 2030....

Published: June 2022   

Electric Switch Market240 Pages

Electric Switch Market size exceeded USD 13 billion in 2021 and is projected to expand at a CAGR of around 6% from 2022 to 2030....

Published: June 2022   

Power Transmission Component Market455 Pages

Power Transmission Component Market size exceeded USD 71 billion in 2021 and is projected to expand at over 4.4% CAGR from 2022 to 2030. ...

Published: June 2022   

Instrument Transformers Market865 Pages

Instrument Transformers Market size exceeded USD 3 billion in 2021 and is projected to expand at over 6% CAGR from 2022 to 2030. ...

Published: May 2022   

Switchgear Market550 Pages

Switchgear Market size valued at USD 123 billion in 2021 and is anticipated to grow at over 7% CAGR from 2022 to 2030. ...

Published: May 2022   

Distribution Transformer Market1050 Pages

Distribution Transformer Market size valued at USD 24.5 billion in 2021 and is anticipated to register CAGR of over 8.3% during 2022 to 2030. ...

Published: May 2022   

Medium Voltage Switchgear Market750 Pages

Medium Voltage Switchgear Market size valued at USD 42 billion in 2021 and is projected to grow at over 7% CAGR from 2022 to 2030. ...

Published: April 2022   

Low Voltage (LV) Switchgear Market830 Pages

Low Voltage Switchgear Market size exceeded USD 67 billion in 2021 and is set to grow at a CAGR of over 8% between 2022 and 2030....

Published: February 2022   

Security Control Room Market495 Pages

Security Control Room Market size exceeded USD 4.5 billion in 2021 and is anticipated to grow at over 6% CAGR from 2022 to 2028. ...

Published: February 2022   

Digital Substation Market580 Pages

Digital Substation Market Size exceeded USD 6.5 billion in 2021 and is anticipated to grow at a CAGR of over 7.3% from 2022 to 2028....

Published: January 2022   

UPS Market300 Pages

UPS Market size exceeded USD 10 billion in 2021 and anticipated to grow at a CAGR of 6% between 2022 and 2028....

Published: October 2021   

Substation Market780 Pages

Substation Market size was valued at over USD 96 billion in 2020 and is set to grow at a CAGR of 3% between 2021 and 2027....

Published: September 2021   

Cable Fault Locator Market240 Pages

Cable Fault Locator Market size exceeded USD 500 million in 2020 and is anticipated to grow at a CAGR of over 10% between 2021 and 2027....

Published: June 2021   

U.S. Oil Filled Distribution Transformer Market100 Pages

The U.S. oil filled distribution transformer market exceeded USD 3 billion in 2020 and is set to witness over 4% CAGR between 2021 and 2027 owing to ongoing refurbishment of power distribution network....

Published: May 2021   

North America Oil Filled Transformer Market230 Pages

North America Oil Filled Transformer Market size surpassed USD 7 billion in 2020 and is set to register over 4% CAGR between 2021 and 2027....

Published: May 2021   

North America Switchgear Market165 Pages

North America Switchgear Market size was valued at over USD 16 billion in 2020 and is anticipated to surge at a rate of over 6% between 2021 and 2027. ...

Published: May 2021   

Underwater Connectors Market238 Pages

Underwater Connectors Market size exceeded USD 1 billion in 2020 and is estimated to grow at over 6.8% CAGR between 2021 and 2027. ...

Published: January 2021   

VCSEL Market280 Pages

Vertical-Cavity Surface-Emitting Lasers (VCSEL) Market size valued at over USD 1 billion in 2020 and is estimated to grow at a CAGR of more than 20% from 2021 to 2027. ...

Published: January 2021   

Power Transformer Market1050 Pages

Power Transformer Market size exceeded annual installation of 6,000 units in 2020 and is anticipated to register over 5% CAGR between 2021 and 2027....

Published: August 2020   

Dry Type Transformer Market1000 Pages

Dry Type Transformer Market size exceeded USD 5 billion in 2019 and is estimated to witness over 8% CAGR between 2020 and 2026....

Published: November 2019   

North America MV Switchgear Market320 Pages

North America MV Switchgear Market size was valued at over USD 6 billion in 2018 and annual deployment is predicted to exceed 2 million units by 2025....

Published: March 2019   

North America Dry Type Transformer Market317 Pages

North America Dry Type Transformer Market size in 2018 exceeded USD 900 million and is anticipated to surpass an annual installation of 19’000 units by 2025....

Published: January 2019   

Power Distribution Component Market1230 Pages

Global Power Distribution Component Market size in 2018 exceeded USD 90 billion and is anticipated to grow over 6% by 2025....

Published: September 2018   

Water Softener Market1800 Pages

Water Softener Market size was valued $7 billion in 2017 and will grow at a CAGR of 8.1% from 2018 to 2024, industry expects consumption of above 1 million units by 2024....

Published: June 2018   

Transformer Oil Market600 Pages

Transformer Oil Market size was valued over USD 2 billion in 2017 and is set to witness an annual consumption of over 2,000 Million Litres by 2024....

Published: March 2018   

Europe Oil Filled Distribution Transformer Market165 Pages

Europe Oil Filled Distribution Transformer Market size for 2017 was valued over USD 1,100 million and is set to exceed an annual installation of 200 thousand units by 2024....

Published: February 2018   

India Dry type Transformer Market335 Pages

India Dry Type Transformer Market size for 2016 was valued over USD 100 million and is set to witness an annual installation of over 20 ‘000 units by 2024....

Published: August 2016   

Middle East Distribution Transformer Market76 Pages

Middle East Distribution Transformer Market size was over USD 2.75 billion in 2015, and is anticipated to grow at 3.9% CAGR from 2016 to 2024....

Published: March 2016   

Router and Switch Market187 Pages

Router and Switch Market size exceeded USD 30 billion in 2014 and will register gains at over 2% from 2015 to 2022. ...

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