Analysis of Global High Voltage Switchgear Market By 2021 May 2017

Global High Voltage Switchgear Market 2017-2021
The report, Global High Voltage Switchgear Market 2017-2021, has been prepared based on an in-depth
market analysis with inputs from industry experts. This report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
The key players in the High Voltage Switchgear Market are ABB, GE, Mitsubishi Electric, Siemens,
Toshiba.
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Market driver
Increased demand for electricity in emerging countries.
Market challenge
High cost of upgrading distribution networks and weak financial health of distribution sector.
Market trend
PASS system available for operation up to 420 kV.
Other Prominent Vendors
Other Prominent Vendors in the market are TGOOD Global, SkipperSeil, SHANDONG TAIKAI POWER
ENGINEERING, Jiangsu Jingke Smart Electrical (Jingke Group), Ningbo Tianan (Group), Silverstone
Electric, Xian Electric Engineering, CHINA XD GROUP, BHEL (Bharat Heavy Electricals Limited), CG Global,
Eaton, Hyosung, Lucy Electric, MEIDENSHA CORPORATION, Methode Electronics, G&W, KONCAR -
Electrical Industry, Bowers Electricals, East Coast Power Systems, New Northeast Electric Group High
Voltage Switchgear, Electro-Mechanical Corporation (federal-Pacific), Hitachi, S&C Electric Company.
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Switchgear is a highly integral electrical transmission and distribution (T&D) equipment that comprises
of a combination of electrical disconnect switches, circuit breakers and fuses. Switchgears find
application not only to de-energize a particular electrical equipment for maintenance work but also
helps in clearing faults downstream.
Global High Voltage Switchgear Market report covers the present scenario and the growth prospects of
the industry for 2017-2021. To calculate the market size, the report presents a detailed picture of the
market by way of study, synthesis, and summation of data from multiple sources. The analysts forecast
global High Voltage Switchgear market to grow at a CAGR of 11.77% during the period 2017-2021.