Global and Japan Electric Power Transmission Equipment Market Insights, Forecast to 2027

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.
The global electric power transmission equipment industry mainly concentrates in North America, Europe, Asia-pacific. Asia-Pacific occupied the largest revenue market share with about 41% in 2019. It is followed by Europe and North America, while other regions have smaller market.
For the major players of Electric Power Transmission Equipment, Hitachi (ABB) maintained its first place in the ranking in 2019, followed by Siemens, GE, Schneider Electric and Eaton, The top 5 players accounts for about 56% of global market value.

Market Analysis and Insights: Global and Japan Electric Power Transmission Equipment Market
This report focuses on global and Japan Electric Power Transmission Equipment market.
In 2020, the global Electric Power Transmission Equipment market size was US$ 21570 million and it is expected to reach US$ 27020 million by the end of 2027, with a CAGR of 3.3% during 2021-2027. In Japan the Electric Power Transmission Equipment market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Electric Power Transmission Equipment Scope and Market Size
Electric Power Transmission Equipment market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Electric Power Transmission Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Electric Power Transmission Equipment market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.


Segment by Type
Transformers
Switchgear
Others


Segment by Application
Fossil Fuel Fired Power
Renewable Energy
Others


By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E


By Company
Hitachi (ABB)
Siemens
GE
Schneider Electric
Eaton
BHEL
TBEA
HYOSUNG
China XD Group
Mitsubishi Electric
Toshiba
Crompton Greaves
SPX Transformer Solutions
Fuji Electric
Shanghai Electric
Baoding Tianwei