The Electric Power Transmission Equipment industry can be broken down into several segments, Transformers, Switchgear, etc.
Transmission of electric power is transfer of bulk electrical energy to substations from power generating plants. Electrical transmission is distinct from electrical distribution, in terms of carrying large quantities of high voltage power over large distances; thus there are differences in the equipment used for each. In this report, products demanded are transformers and switchgear and many other products.
According to the new market research report “Global Electric Power Transmission Equipment Market Report 2023-2029”, published by QYResearch, the global Electric Power Transmission Equipment market size is projected to reach USD 28.81 billion by 2029, at a CAGR of 3.2% during the forecast period.
- Global Electric Power Transmission Equipment MarketSize(US$ Million), 2018-2029
Based on or includes research from QYResearch: Global Electric Power Transmission Equipment Market Report 2023-2029.
- Global Electric Power Transmission Equipment Top16Players Ranking and Market Share(Based on data of 2021, Continually updated)
Based on or includes research from QYResearch: 2021 data information of Global Electric Power Transmission Equipment Market Report 2023-2029.
The global key manufacturers of Electric Power Transmission Equipment include Hitachi (ABB), Siemens , GE, Schneider Electric , Eaton, BHEL, TBEA , HYOSUNG, China XD Group, Mitsubishi Electric, etc. In 2021, the global top five players had a share approximately 62.0% in terms of revenue.
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