電力伝送部品市場：部品別、電圧レベル別、電流別-2025～2030年の世界予測

電力伝送部品市場の2023年の市場規模は920億6,000万米ドルで、2024年には973億米ドルに達すると予測され、CAGR 5.78%で成長し、2030年には1,364億6,000万米ドルに達すると予測されています。

電力伝送部品市場には、発電所からエンドユーザーまで電気エネルギーを伝達するのに重要な製品群が含まれます。これには、変圧器、開閉器、遮断器、ヒューズ、電圧調整器などが含まれます。このような部品の必要性は、既存の電力インフラを強化する必要性と、都市化や工業化によるエネルギー需要の増大に対応する必要性の両方によってもたらされています。電力伝送部品は、公益事業規模のプロジェクト、産業施設、住宅部門にまたがって用途を提供し、最終用途の範囲にはエネルギー、輸送、商業、住宅用途が広く含まれます。市場成長は、再生可能エネルギー統合への世界のシフト、スマートグリッドの進歩、送配電インフラへの投資の増加といった要因によって推進されます。再生可能エネルギーに重点的に投資している地域、特にアジア太平洋と欧州の一部は、拡大の好機を提供しています。スマートグリッドの出現とIoT技術の採用は効率と信頼性を促進し、進化する顧客ニーズに対応する製品革新の潜在的な道を開きます。

しかし、同市場は、高額な初期設備投資、規制上のハードル、既存インフラへの最新コンポーネントの統合の複雑さといった課題に直面しています。さらに、経済の不確実性や原料価格の変動が大きな制約となる可能性もあります。企業は、エネルギー効率の高いソリューションに注力し、グリッド最適化のためにAIや機械学習などの技術的進歩を活用することで、機会を生かすことができます。固体変圧器やエネルギー貯蔵統合などのイノベーションは、研究開発の有望セグメントです。電力伝送部品市場は、激しい競争を伴う適度なセグメント化が特徴であり、イノベーションと戦略的提携による差別化の必要性を促しています。成長を目指す企業は、サステイナブルソリューションを優先し、将来のエネルギー消費パターンに効果的に対応できるよう、送電網の信頼性と回復力をサポートする調査に投資すべきです。支持的なポリシー枠組みや政府のインセンティブがある国際市場を開拓することも、このセグメントの企業にとって戦略的な足がかりとなります。

市場力学：急速に進化する電力伝送部品市場における重要な市場洞察の解明

電力伝送部品市場は、需要と供給のダイナミックな相互作用によって変貌を遂げています。このような市場力学の進化を理解することで、企業は十分な情報に基づいた投資決定、戦略的決定の精緻化、そして新たなビジネス機会の獲得に備えることができます。これらの動向を包括的に把握することで、企業は政治的、地理的、技術的、社会的、経済的な領域にわたる様々なリスクを軽減することができ、また、消費者行動とそれが製造コストや購買動向に与える影響をより明確に理解することができます。

• 市場促進要因
  • 安全で信頼性の高い電力への需要の高まり
  • 一括送電能力の強化に向けた傾斜の高まり
  • 未開拓地域における電化の進行
• 市場抑制要因
  • 予算配分が限られているため、送電インフラが広く採用されるには限界がある
• 市場機会
  • 政府による新時代の電力伝送部品設置奨励金
  • 既存送電網インフラの改修・改造
• 市場課題
  • 新興諸国における技術進化の遅れ

ポーターのファイブフォース：電力伝送部品市場をナビゲートする戦略ツール

ポーターのファイブフォースフレームワークは、市場情勢の競合情勢を理解するための重要なツールです。ポーターのファイブフォースフレームワークは、企業の競合を評価し、戦略的機会を探るための明確な手法を記載しています。このフレームワークは、企業が市場内の勢力図を評価し、新規事業の収益性を判断するのに役立ちます。これら洞察により、企業は自社の強みを活かし、弱みに対処し、潜在的な課題を回避することができ、より強靭な市場でのポジショニングを確保することができます。

PESTLE分析：電力伝送部品市場における外部からの影響の把握

外部マクロ環境要因は、電力伝送部品市場の業績力学を形成する上で極めて重要な役割を果たします。政治的、経済的、社会的、技術的、法的、環境的要因の分析は、これらの影響をナビゲートするために必要な情報を記載しています。PESTLE要因を調査することで、企業は潜在的なリスクと機会をよりよく理解することができます。この分析により、企業は規制、消費者の嗜好、経済動向の変化を予測し、先を見越した積極的な意思決定を行う準備ができます。

市場シェア分析：電力伝送部品市場における競合情勢の把握

電力伝送部品市場の詳細な市場シェア分析により、ベンダーの業績を包括的に評価することができます。企業は、収益、顧客ベース、成長率などの主要指標を比較することで、競争上のポジショニングを明らかにすることができます。この分析により、市場の集中、セグメント化、統合の動向が明らかになり、ベンダーは競争が激化する中で自社の地位を高める戦略的意思決定を行うために必要な知見を得ることができます。

FPNVポジショニングマトリックス：電力伝送部品市場におけるベンダーのパフォーマンス評価

FPNVポジショニングマトリックスは、電力伝送部品市場においてベンダーを評価するための重要なツールです。このマトリックスにより、ビジネス組織はベンダーのビジネス戦略と製品満足度に基づき評価することで、目標に沿った十分な情報に基づいた意思決定を行うことができます。4つの象限によってベンダーを明確かつ正確にセグメント化し、戦略目標に最適なパートナーやソリューションを特定することができます。

戦略分析と推奨：電力伝送部品市場における成功への道筋を描く

電力伝送部品市場の戦略分析は、世界市場でのプレゼンス強化を目指す企業にとって不可欠です。主要なリソース、能力、業績指標を見直すことで、企業は成長機会を特定し、改善に取り組むことができます。このアプローチにより、競合情勢における課題を克服し、新たなビジネス機会を活かして長期的な成功を収めるための体制を整えることができます。

本レポートでは、主要な注目セグメントを網羅した市場の包括的な分析を提供しています。

1.市場の浸透度：現在の市場環境の詳細なレビュー、主要企業による広範なデータ、市場でのリーチと全体的な影響力を評価します。

2.市場の開拓度：新興市場における成長機会を特定し、既存セグメントにおける拡大可能性を評価し、将来の成長に向けた戦略的ロードマップを記載しています。

3.市場の多様化：最近の製品発売、未開拓の地域、産業の主要な進歩、市場を形成する戦略的投資を分析します。

4.競合の評価と情報：競合情勢を徹底的に分析し、市場シェア、事業戦略、製品ポートフォリオ、認証、規制当局の承認、特許動向、主要企業の技術進歩などを検証します。

5.製品開発とイノベーション：将来の市場成長を促進すると期待される最先端技術、研究開発活動、製品イノベーションをハイライトしています。

また、利害関係者が十分な情報を得た上で意思決定できるよう、重要な質問にも答えています。

1.現在の市場規模と今後の成長予測は？

2.最高の投資機会を提供する製品、地域はどこか？

3.市場を形成する主要技術動向と規制の影響とは？

4.主要ベンダーの市場シェアと競合ポジションは？

5.ベンダーの市場参入・撤退戦略の原動力となる収益源と戦略的機会は何か？

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • 安全で信頼性の高い電力に対する需要の増加
    • バルクトランスミッション能力の強化への傾向の高まり
    • 未開発地域での電化が進行中
  • 抑制要因
    • 限られた予算配分により、広く採用されているトランスミッションインフラが制限される
  • 機会
    • 政府による新時代の電力伝送部品導入のインセンティブ
    • 既存のグリッドインフラの改修と改造
  • 課題
    • 新興諸国における技術進歩の遅いペース
• 市場セグメンテーション分析
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治
  • 経済
  • 社会
  • 技術
  • 法律
  • 環境

第6章 電力伝送部品市場：部品別

• イントロダクション
• 断熱体とコンデンサ
• 電力コンバータとリレー
• スイッチギアと回路遮断器
• トランス

第7章 電力伝送部品市場：電圧レベル別

• イントロダクション
• 130kV
• 220kV
• 440kV
• 660kV、765kV

第8章 電力伝送部品市場：電流別

• イントロダクション
• 空調設備
• HVDC

第9章 南北アメリカの電力伝送部品市場

• イントロダクション
• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第10章 アジア太平洋の電力伝送部品市場

• イントロダクション
• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第11章 欧州・中東・アフリカの電力伝送部品市場

• イントロダクション
• デンマーク
• エジプト
• フィンランド
• フランス
• ドイツ
• イスラエル
• イタリア
• オランダ
• ナイジェリア
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第12章 競合情勢

• 市場シェア分析、2023年
• FPNVポジショニングマトリックス、2023年
• 競合シナリオ分析
• 戦略分析と提言

企業一覧

• ABB Ltd.
• Alstom SA
• Bharat Heavy Electricals Limited
• CG Power and Industrial Solutions Ltd.
• CHINA XD GROUP
• DAIHEN Corporation
• Eaton Corporation PLC
• Emerson Electric Co.
• General Electric Company
• Hammond Power Solutions Inc.
• Hitachi Ltd.
• Hyosung Group
• HYUNDAI ELECTRIC & ENERGY SYSTEMS CO., LTD.
• KEC International Limited
• Larsen & Toubro Limited
• Mitsubishi Electric Corporation

LIST OF FIGURES

• FIGURE 1. POWER TRANSMISSION COMPONENTS MARKET RESEARCH PROCESS
• FIGURE 2. POWER TRANSMISSION COMPONENTS MARKET SIZE, 2023 VS 2030
• FIGURE 3. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 4. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 5. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 6. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
• FIGURE 7. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2023 VS 2030 (%)
• FIGURE 9. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 10. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2023 VS 2030 (%)
• FIGURE 11. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 12. AMERICAS POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 13. AMERICAS POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 14. UNITED STATES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
• FIGURE 15. UNITED STATES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 16. ASIA-PACIFIC POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 17. ASIA-PACIFIC POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 18. EUROPE, MIDDLE EAST & AFRICA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 19. EUROPE, MIDDLE EAST & AFRICA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 20. POWER TRANSMISSION COMPONENTS MARKET SHARE, BY KEY PLAYER, 2023
• FIGURE 21. POWER TRANSMISSION COMPONENTS MARKET, FPNV POSITIONING MATRIX, 2023

LIST OF TABLES

• TABLE 1. POWER TRANSMISSION COMPONENTS MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2023
• TABLE 3. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. POWER TRANSMISSION COMPONENTS MARKET DYNAMICS
• TABLE 7. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY INSULATORS & CAPACITORS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY POWER CONVERTERS & RELAYS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY SWITCHGEAR & CIRCUIT BREAKERS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY TRANSFORMER, BY REGION, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY 130 KV, BY REGION, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY 220 KV, BY REGION, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY 440 KV, BY REGION, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY 660 KV, 765 KV, BY REGION, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 18. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY HVAC, BY REGION, 2018-2030 (USD MILLION)
• TABLE 19. GLOBAL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY HVDC, BY REGION, 2018-2030 (USD MILLION)
• TABLE 20. AMERICAS POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 21. AMERICAS POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 22. AMERICAS POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 23. AMERICAS POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 24. ARGENTINA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 25. ARGENTINA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 26. ARGENTINA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 27. BRAZIL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 28. BRAZIL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 29. BRAZIL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 30. CANADA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 31. CANADA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 32. CANADA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 33. MEXICO POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 34. MEXICO POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 35. MEXICO POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 36. UNITED STATES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 37. UNITED STATES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 38. UNITED STATES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 39. UNITED STATES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 40. ASIA-PACIFIC POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 41. ASIA-PACIFIC POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 42. ASIA-PACIFIC POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 43. ASIA-PACIFIC POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 44. AUSTRALIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 45. AUSTRALIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 46. AUSTRALIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 47. CHINA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 48. CHINA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 49. CHINA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 50. INDIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 51. INDIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 52. INDIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 53. INDONESIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 54. INDONESIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 55. INDONESIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 56. JAPAN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 57. JAPAN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 58. JAPAN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 59. MALAYSIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 60. MALAYSIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 61. MALAYSIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 62. PHILIPPINES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 63. PHILIPPINES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 64. PHILIPPINES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 65. SINGAPORE POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 66. SINGAPORE POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 67. SINGAPORE POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 68. SOUTH KOREA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 69. SOUTH KOREA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 70. SOUTH KOREA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 71. TAIWAN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 72. TAIWAN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 73. TAIWAN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 74. THAILAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 75. THAILAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 76. THAILAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 77. VIETNAM POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 78. VIETNAM POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 79. VIETNAM POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 80. EUROPE, MIDDLE EAST & AFRICA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 81. EUROPE, MIDDLE EAST & AFRICA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 82. EUROPE, MIDDLE EAST & AFRICA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 83. EUROPE, MIDDLE EAST & AFRICA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 84. DENMARK POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 85. DENMARK POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 86. DENMARK POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 87. EGYPT POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 88. EGYPT POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 89. EGYPT POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 90. FINLAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 91. FINLAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 92. FINLAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 93. FRANCE POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 94. FRANCE POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 95. FRANCE POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 96. GERMANY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 97. GERMANY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 98. GERMANY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 99. ISRAEL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 100. ISRAEL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 101. ISRAEL POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 102. ITALY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 103. ITALY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 104. ITALY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 105. NETHERLANDS POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 106. NETHERLANDS POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 107. NETHERLANDS POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 108. NIGERIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 109. NIGERIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 110. NIGERIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 111. NORWAY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 112. NORWAY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 113. NORWAY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 114. POLAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 115. POLAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 116. POLAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 117. QATAR POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 118. QATAR POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 119. QATAR POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 120. RUSSIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 121. RUSSIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 122. RUSSIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 123. SAUDI ARABIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 124. SAUDI ARABIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 125. SAUDI ARABIA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 126. SOUTH AFRICA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 127. SOUTH AFRICA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 128. SOUTH AFRICA POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 129. SPAIN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 130. SPAIN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 131. SPAIN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 132. SWEDEN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 133. SWEDEN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 134. SWEDEN POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 135. SWITZERLAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 136. SWITZERLAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 137. SWITZERLAND POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 138. TURKEY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 139. TURKEY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 140. TURKEY POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 141. UNITED ARAB EMIRATES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 142. UNITED ARAB EMIRATES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 143. UNITED ARAB EMIRATES POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 144. UNITED KINGDOM POWER TRANSMISSION COMPONENTS MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 145. UNITED KINGDOM POWER TRANSMISSION COMPONENTS MARKET SIZE, BY VOLTAGE LEVEL, 2018-2030 (USD MILLION)
• TABLE 146. UNITED KINGDOM POWER TRANSMISSION COMPONENTS MARKET SIZE, BY CURRENT, 2018-2030 (USD MILLION)
• TABLE 147. POWER TRANSMISSION COMPONENTS MARKET SHARE, BY KEY PLAYER, 2023
• TABLE 148. POWER TRANSMISSION COMPONENTS MARKET, FPNV POSITIONING MATRIX, 2023

The Power Transmission Components Market was valued at USD 92.06 billion in 2023, expected to reach USD 97.30 billion in 2024, and is projected to grow at a CAGR of 5.78%, to USD 136.46 billion by 2030.

The power transmission components market encompasses a range of products crucial for transferring electrical energy from generation points to end-users. This includes transformers, switchgears, circuit breakers, fuses, and voltage regulators. The necessity for such components is driven by both the need to enhance the existing power infrastructure and accommodate growing energy demands from urbanization and industrialization. Power transmission components serve applications across utility-scale projects, industrial facilities, and residential sectors, and the end-use scope broadly includes energy, transportation, commercial, and residential applications. Market growth is propelled by factors such as the global shift towards renewable energy integration, smart grid advancements, and increasing investments in power transmission and distribution infrastructure. Regions investing heavily in renewable energy, particularly Asia-Pacific and parts of Europe, offer lucrative opportunities for expansion. The emergence of smart grids and IoT technology adoption promote efficiency and reliability, creating potential avenues for product innovation to meet evolving client needs.

However, the market faces challenges like high initial capital investment, regulatory hurdles, and the complexity of integrating modern components into existing infrastructure. Additionally, economic uncertainties and fluctuating raw material prices can pose significant constraints. Businesses can capitalize on opportunities by focusing on energy-efficient solutions and leveraging technological advancements like AI and machine learning for grid optimization. Innovations such as solid-state transformers and energy storage integration are promising areas for research and development. The power transmission components market is characterized by moderate fragmentation with intense competition, driving a need for differentiation through innovation and strategic alliances. Companies aiming for growth should prioritize sustainable solutions and invest in research that supports grid reliability and resilience to meet future energy consumption patterns effectively. Exploring international markets with supportive policy frameworks and government incentives can also provide strategic footholds for businesses in this sector.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Power Transmission Components Market

The Power Transmission Components Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Increasing demand for safe and reliable power
  • Rising inclination towards the enhancement of bulk transmission capability
  • Ongoing electrification in the untapped region
• Market Restraints
  • Limited budget allocation restricts the widely adopted power transmission infrastructure
• Market Opportunities
  • Incentives for installation of new age power transmission components by government
  • Refurbishment & retrofitting of existing grid infrastructure
• Market Challenges
  • Slow paced technological evolution across developing countries

Porter's Five Forces: A Strategic Tool for Navigating the Power Transmission Components Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Power Transmission Components Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Power Transmission Components Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Power Transmission Components Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Power Transmission Components Market

A detailed market share analysis in the Power Transmission Components Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Power Transmission Components Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Power Transmission Components Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Power Transmission Components Market

A strategic analysis of the Power Transmission Components Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Power Transmission Components Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Alstom SA, Bharat Heavy Electricals Limited, CG Power and Industrial Solutions Ltd., CHINA XD GROUP, DAIHEN Corporation, Eaton Corporation PLC, Emerson Electric Co., General Electric Company, Hammond Power Solutions Inc., Hitachi Ltd., Hyosung Group, HYUNDAI ELECTRIC & ENERGY SYSTEMS CO., LTD., KEC International Limited, Larsen & Toubro Limited, and Mitsubishi Electric Corporation.

Market Segmentation & Coverage

This research report categorizes the Power Transmission Components Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Component, market is studied across Insulators & Capacitors, Power Converters & Relays, Switchgear & Circuit Breakers, and Transformer.
• Based on Voltage Level, market is studied across 130 kV, 220 kV, 440 kV, and 660 kV, 765 kV.
• Based on Current, market is studied across HVAC and HVDC.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increasing demand for safe and reliable power
    • 5.1.1.2. Rising inclination towards the enhancement of bulk transmission capability
    • 5.1.1.3. Ongoing electrification in the untapped region
  • 5.1.2. Restraints
    • 5.1.2.1. Limited budget allocation restricts the widely adopted power transmission infrastructure
  • 5.1.3. Opportunities
    • 5.1.3.1. Incentives for installation of new age power transmission components by government
    • 5.1.3.2. Refurbishment & retrofitting of existing grid infrastructure
  • 5.1.4. Challenges
    • 5.1.4.1. Slow paced technological evolution across developing countries
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Power Transmission Components Market, by Component

• 6.1. Introduction
• 6.2. Insulators & Capacitors
• 6.3. Power Converters & Relays
• 6.4. Switchgear & Circuit Breakers
• 6.5. Transformer

7. Power Transmission Components Market, by Voltage Level

• 7.1. Introduction
• 7.2. 130 kV
• 7.3. 220 kV
• 7.4. 440 kV
• 7.5. 660 kV, 765 kV

8. Power Transmission Components Market, by Current

• 8.1. Introduction
• 8.2. HVAC
• 8.3. HVDC

9. Americas Power Transmission Components Market

• 9.1. Introduction
• 9.2. Argentina
• 9.3. Brazil
• 9.4. Canada
• 9.5. Mexico
• 9.6. United States

10. Asia-Pacific Power Transmission Components Market

• 10.1. Introduction
• 10.2. Australia
• 10.3. China
• 10.4. India
• 10.5. Indonesia
• 10.6. Japan
• 10.7. Malaysia
• 10.8. Philippines
• 10.9. Singapore
• 10.10. South Korea
• 10.11. Taiwan
• 10.12. Thailand
• 10.13. Vietnam

11. Europe, Middle East & Africa Power Transmission Components Market

• 11.1. Introduction
• 11.2. Denmark
• 11.3. Egypt
• 11.4. Finland
• 11.5. France
• 11.6. Germany
• 11.7. Israel
• 11.8. Italy
• 11.9. Netherlands
• 11.10. Nigeria
• 11.11. Norway
• 11.12. Poland
• 11.13. Qatar
• 11.14. Russia
• 11.15. Saudi Arabia
• 11.16. South Africa
• 11.17. Spain
• 11.18. Sweden
• 11.19. Switzerland
• 11.20. Turkey
• 11.21. United Arab Emirates
• 11.22. United Kingdom

12. Competitive Landscape

• 12.1. Market Share Analysis, 2023
• 12.2. FPNV Positioning Matrix, 2023
• 12.3. Competitive Scenario Analysis
• 12.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. ABB Ltd.
• 2. Alstom SA
• 3. Bharat Heavy Electricals Limited
• 4. CG Power and Industrial Solutions Ltd.
• 5. CHINA XD GROUP
• 6. DAIHEN Corporation
• 7. Eaton Corporation PLC
• 8. Emerson Electric Co.
• 9. General Electric Company
• 10. Hammond Power Solutions Inc.
• 11. Hitachi Ltd.
• 12. Hyosung Group
• 13. HYUNDAI ELECTRIC & ENERGY SYSTEMS CO., LTD.
• 14. KEC International Limited
• 15. Larsen & Toubro Limited
• 16. Mitsubishi Electric Corporation