電力機器の世界市場、市場規模とシェアの分析 - 成長動向と予測（2025年～2033年）

電力機器市場の動向とサマリー

世界の電力機器の市場規模は、2024年の297億7,000万米ドルから2033年までに463億4,000万米ドルに達すると予測され、2025年～2033年にCAGRで5.04%の成長が見込まれます。再生可能エネルギー、インフラ、電化、技術の成長、信頼性と費用対効果の高い環境にやさしい電力ソリューションへのニーズの高まりが、世界の電力機器市場の主な促進要因です。

電力機器市場の成長促進要因

政府の投資と政策

ラテンアメリカ全域の政府プログラムは、電力機器インフラへの大規模な支出を推進し、再生可能エネルギーの利用を加速させています。EnelがIFCの支援を受けて実施した3億米ドルの送配電投資は、2030年までに非従来式の再生可能エネルギーの割合を1%から12%に引き上げようとするコロンビアの法律から生まれた最大級のプロジェクトの1つです。2022年以降、5億8,000万米ドルを超える送電網整備費の支援を受けて、エクアドルのElectrical Master Planでは、2031年までに140万kWの新規再生可能エネルギー生成能力を計画しています。同様に、チリは2030年までに電力の70%を再生可能エネルギーで賄うという目標を掲げ、成長を加速させています。ACERAによると、2025年まで毎年5GW超の新規生成能力が追加される予定です。電力機器ビジネスは、こうした政策主導の取り組みの結果として着実に拡大しています。

都市化と産業成長

ラテンアメリカの急速な都市化と工業化によって、商工業用電力機器に対する旺盛な需要が促進されています。2,500万米ドルを投資したFreudenberg Medicalは、2024年2月にコスタリカで2つ目の施設の建設を開始し、産業の拡大がいかに電力需要を押し上げているかを実証しました。同様に、Amazon Web Servicesがチリのサンティアゴに建設した2億500万米ドルのデータセンターは、デジタル成長を促進するための信頼できる電気インフラに対するニーズの高まりを浮き彫りにしています。2022年の変圧器、配電システム、バックアップ電力を必要とする約4万4,000件（9.2%増）の建築プロジェクトにより、建設産業も大きく寄与しています。パナマでは、2040年まで30億米ドルを投じて26の港湾をカバーする港湾開発計画が進められているため、効率的な海洋作業を可能にする大型電力機器のニーズが高まると予測されます。

再生可能エネルギーの統合と送電網の近代化

世界の再生可能エネルギーへの移行に伴い、特に送配電インフラにおける電力機器へのニーズが飛躍的に高まっています。再生可能エネルギーの生成能力は急速に増加し、2022年に3,371.8GWに達すると予測されているため、発電量の予測不可能性に対応できるシステムが切実に必要とされています。この必要性は、Mingyang Smart Energyがブラジルに建設した240MWの風力発電所のようなプロジェクトが証明しています。再生可能エネルギーの増加に伴い、送電網の近代化は急務となっています。エクアドルにおける2024年5月のCentrosurとGridpertiseの協業は、スマートメータリングシステムの展開と配電網のデジタル化への取り組みを示しています。これと同様に、ENGIE Chileによるレンゴの送電プロジェクトは、再生可能エネルギー源の効果的な統合と送電網のレジリエンスの維持を保証する、強力で現代的な電気インフラへの投資が増加していることを示しています。

電力機器市場の課題

熟練労働者の不足

電力機器部門の拡大と近代化を阻む最大の障害の1つは、訓練を受けた労働者の深刻な不足です。スマートグリッド、再生可能エネルギー源、デジタルインフラの統合によってもたらされた急速な技術の進歩の結果、高度に熟練したエンジニア、技術者、メンテナンススタッフの必要性が高まっています。しかし、現在利用可能な労働力がこうした需要の変化に追いついていないため、スキルの空白が生じています。この不足は、プロジェクトのスケジュールに影響を与え、経営費を上昇させ、設置の品質と信頼性を危険にさらす可能性があります。発展途上国では、専門家の訓練や教育の機会へのアクセスが制限されているため、この困難はさらに悪化しています。この課題に対処するためには、技術教育、労働力開発、業界に特化した職業訓練プログラムへの戦略的投資が必要です。

当レポートでは、世界の電力機器市場について調査し、成長促進要因と課題、各セグメントの分析、主要企業の分析などを提供しています。

目次

第1章 イントロダクション

第2章 調査と調査手法

第3章 エグゼクティブサマリー

第4章 市場力学

• 成長促進要因
• 課題

第5章 世界の電力機器市場

• 市場の実績動向
• 市場予測

第6章 市場シェア分析

• 機器タイプ別
• 発電源別
• エンドユーザー別
• 用途別
• 国別

第7章 機器タイプ

• 発電機
• トランス
• スイッチギア
• サーキットブレーカー
• 電力ケーブル
• その他の機器タイプ

第8章 発電源

• 化石燃料由来
• 太陽光
• 風力
• 原子力
• 水力

第9章 エンドユーザー

• 住宅
• 商工業
• 公益事業

第10章 用途

• 発電
• 送電
• 配電

第11章 国

• 北米
  • 米国
  • カナダ
• 欧州
  • フランス
  • ドイツ
  • イタリア
  • スペイン
  • 英国
  • ベルギー
  • オランダ
  • トルコ
• アジア太平洋
  • 中国
  • 日本
  • インド
  • オーストラリア
  • 韓国
  • タイ
  • マレーシア
  • インドネシア
  • ニュージーランド
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • アルゼンチン
• 中東・アフリカ
  • 南アフリカ
  • サウジアラビア
  • アラブ首長国連邦

第12章 ポーターのファイブフォース分析

第13章 SWOT分析

第14章 主要企業の分析

• General Electric Company
• Siemens AG
• Schneider Electric SE
• Mitsubishi Electric Corporation
• Eaton Corporation plc
• Honeywell International Inc.
• Bharat Heavy Electricals Limited
• Crompton Greaves Ltd.
• Rockwell Automation, Inc.

Power Equipment Market Trends & Summary

Power Equipment Market is expected to reach US$ 46.34 billion by 2033 from US$ 29.77 billion in 2024, with a CAGR of 5.04% from 2025 to 2033. The growth of renewable energy, infrastructure, electrification, technology, and the growing need for dependable, cost-effective, and environmentally friendly power solutions are the main factors propelling the worldwide power equipment market.

The report Power Equipment Global Market & Forecast covers by Equipment Type (Generator, Transformer, Switchgears, Circuit Breakers, Power Cable, Other Equipment Types), Power Generation Source (Fossil Fuel Based, Solar, Wind, Nuclear, Hydro), End-User (Residential, Industrial and Commercial, Utility), Application (Power Generation, Transmission, Distribution), Countries and Company Analysis, 2025-2033.

Global Power Equipment Industry Overview

In order to enable energy generation, transmission, and distribution across several industries, the worldwide power equipment business is essential. Among the many pieces of equipment used in this business are transformers, generators, switchgear, circuit breakers, and power inverters. The market is still expanding because to the rising demand for power brought on by fast industrialization, urbanization, and digital transformation. Adoption of cutting-edge and environmentally friendly power equipment has also accelerated due to the move toward cleaner energy sources, especially in renewable energy projects like wind, solar, and hydro. The need for intelligent and efficient power systems is being increased by governments all over the world investing in updating outdated grid infrastructure.

By improving equipment dependability and operating efficiency, technological innovations like smart grids, IoT integration, and AI-driven maintenance solutions are changing the sector. Furthermore, the industry's reach has extended beyond conventional uses due to the growing acceptance of energy storage and decentralized power generating technologies. Because of their supporting regulatory frameworks and growing energy demands, emerging economies-especially those in Asia and Africa-offer substantial development prospects. Developed markets, however, concentrate on modernizing and automating their current infrastructure. The worldwide push for energy sustainability and resilience is expected to propel the power equipment industry's continuous expansion despite supply chain difficulties and regulatory complications.

Rapid development and urbanization in key economies are driving considerable change in the Latin American power equipment industry. In an effort to close the gap between supply and demand for energy, nations like Brazil, Argentina, Mexico, and Chile are aggressively bolstering their transmission and distribution networks by building additional transmission lines and substations. Colombia is a prime example of this expansion, surpassing Chile in electricity generation with an impressive 5% rise between 2022 and 2023-much higher than its decade average of 3%. Brazil's anticipated energy consumption, which is predicted to surpass 590 TWh by 2027 and need significant investments in power equipment and distribution networks, further demonstrates the region's dedication to infrastructure growth.

The face of the power equipment market is changing due to recent advancements in the wind energy sector. While ACCIONA Energia successfully commissioned the 135.7 MW San Juan de Marcona wind farm in Peru, Mingyang Smart Energy got a 240 MW preferred supplier agreement for an onshore wind project in Brazil in December 2023. Strategic equipment supplies agreements, including Electrobras Furnas' June 2024 purchase of power transformers from WEG for the construction of the West Zone Substation in Rio de Janeiro, complement these advances and show the region's dedication to improving grid infrastructure.

Growth Drivers for the Power Equipment Market

Government Investments & Policies

Government programs throughout Latin America are propelling large expenditures in power equipment infrastructure and speeding up the use of renewable energy. Enel's USD 300 million IFC-backed transmission and distribution investment is one of the biggest projects that have resulted from laws in Colombia that seek to increase the percentage of unconventional renewable energy from 1% to 12% by 2030. With the help of more than USD 580 million in grid upgrading expenditures since 2022, Ecuador's electrical master plan calls for 1.4 GW of new renewable capacity by 2031. In a similar vein, Chile's objective to source 70% of its power from renewable sources by 2030 has accelerated growth; according to ACERA, more than 5 GW of new capacity will be added yearly until 2025. The power equipment business is seeing steady expansion as a result of these policy-driven initiatives.

Urbanization and Industrial Growth

Strong demand for commercial and industrial power equipment is being driven by Latin America's rapid urbanization and industrialization. With a USD 25 million investment, Freudenberg Medical started construction on its second facility in Costa Rica in February 2024, demonstrating how industrial expansion is driving up need for electricity. Likewise, the USD 205 million data center built by Amazon Web Services in Santiago, Chile, highlights the growing need for dependable electrical infrastructure to facilitate digital growth. With approximately 44,000 building projects in 2022-a 9.2% increase-requiring transformers, distribution systems, and backup power, the construction industry also makes a substantial contribution. The need for heavy-duty power equipment to enable effective marine operations is expected to increase in Panama due to a USD 3 billion port development plan through 2040 that covers 26 ports.

Integration of Renewable Energy and Modernization of the Grid

The need for power equipment is rising dramatically as a result of the world's transition to renewable energy, particularly in transmission and distribution infrastructure. Systems that can handle power generation unpredictability are desperately needed, since renewable capacity is expected to rise at a rapid rate, reaching 3,371.8 GW in 2022. This need is demonstrated by projects like the 240 MW wind farm in Brazil by Mingyang Smart Energy, which uses cutting-edge turbine types designed for renewable integration. Modernizing grids is becoming more urgent as renewable energy sources grow. The May 2024 cooperation between Centrosur and Gridspertise in Ecuador demonstrates initiatives to deploy smart metering systems and digitize distribution networks. Similar to this, the authorized transmission project in Rengo by ENGIE Chile shows rising investment in strong, contemporary electrical infrastructure, guaranteeing the effective integration of renewable energy sources and the preservation of grid resilience.

Challenges in the Power Equipment Market

Skilled Labor Shortages

One of the biggest obstacles to the expansion and modernization of the power equipment sector is the severe lack of trained workers. The need for highly skilled engineers, technicians, and maintenance staff has increased as a result of the quick technological advancements brought about by the integration of smart grids, renewable energy sources, and digital infrastructure. But there is a skills vacuum since the labor that is now available has not kept up with these changing demands. This scarcity affects project schedules, raises operating expenses, and may jeopardize installation quality and dependability. The difficulty is exacerbated in developing nations by restricted access to specialist training and educational opportunities. Strategic investments in technical education, workforce development, and industry-specific vocational training programs are necessary to address this challenge.

Environmental and Social Concerns

Environmental and social issues frequently arise in large-scale power infrastructure projects, which can cause progress to stall or be delayed. Usually requiring a large amount of land, these projects have the potential to cause ecological degradation, habitat disturbance, and deforestation, particularly in sensitive locations. Communities may also be uprooted during the building of transmission lines, substations, and power plants, which may lead to protests from the public and legal issues. Such opposition may result from worries about long-term environmental effects, damage of cultural sites, or loss of livelihoods. Project approvals are made more difficult by regulatory obstacles and requirements for environmental impact evaluations. In order to reduce these risks and guarantee long-term project profitability and community support, developers must embrace sustainable building methods, conduct open community discussions, and put social responsibility initiatives into place.

United States Power Equipment Market

The ongoing energy shift and the upgrade of old grid infrastructure are driving the growth of the power equipment market in the United States, which is a mature but dynamic industry. The need for sophisticated transmission, distribution, and storage technologies is being driven by the growing integration of renewable energy sources like wind and solar. The requirement for dependable and efficient power equipment is further exacerbated by the drive for electrification in the industrial and transportation sectors. Equipment design and deployment are changing as a result of technological advancements like smart grid systems and digital monitoring tools. Furthermore, both public and private investment are being stimulated by government initiatives that favor sustainable energy and resilient infrastructure. The U.S. market continues to lead the world in implementing cutting-edge and environmentally friendly power equipment solutions, despite supply chain strains and complicated regulations.

United Kingdom Power Equipment Market

Due to the UK's determination to achieve net-zero emissions by 2050, the market for power equipment is expanding significantly. Significant investments in renewable energy infrastructure, such as offshore wind farms, solar power plants, and energy storage systems, have been prompted by this audacious ambition. The need for modern power equipment is further fueled by the government's National Infrastructure and Construction Pipeline, which has an estimated budget of USD 740 billion over 10 years and devotes a sizeable amount to the energy industry. Furthermore, the UK's drive to electrify a number of areas, including heating and transportation, calls for the adoption of smart grid technology and the upgrading of grid infrastructure.

The industry is significantly shaped by technological developments, with new power quality devices including harmonic filters, voltage regulators, and uninterruptible power supply (UPS) improving grid stability and dependability. The demand for reliable power equipment is also rising as a result of the increased use of electric cars (EVs) and the development of EV charging infrastructure. Notwithstanding these encouraging advancements, the sector nonetheless confronts difficulties, including as limited supply chains and the requirement for experienced workers to assist the installation and upkeep of cutting-edge power systems. Maintaining the momentum of the UK's transition to a resilient and sustainable energy future requires addressing these issues.

China Power Equipment Market

China leads the world market for power equipment because to strong government regulations, cutting-edge technology, and extensive infrastructural development. The country's quick development of renewable energy sources, like as solar and wind, demonstrates its dedication to the energy transition. This change calls for large expenditures on cutting-edge power technology, including energy storage devices, smart grids, and highly efficient turbines. China's industrial prowess allows it to manufacture and export a vast array of power equipment, impacting worldwide prices and supply chains. International trade conflicts that affect export prospects and overcapacity in specific market segments are some of the market's obstacles, though. With a persistent focus on innovation and sustainability, China's power equipment industry continues to be a pillar of its industrial strategy in spite of these challenges.

Saudi Arabia Power Equipment Market

Saudi Arabia's Vision 2030 project, which seeks to diversify energy sources and lessen reliance on oil, is propelling the country's power equipment market's notable expansion. Advanced power equipment development and deployment are required as a result of the government's resolve to reaching net-zero carbon emissions by 2060, which has sparked investments in renewable energy projects like solar and wind power. Large-scale projects like solar power plants and combined-cycle gas-fired power plants with carbon capture capabilities are being made possible by partnerships with foreign partners like Spain's Tecnicas Reunidas and China's China Energy Engineering. These programs are helping to update the nation's electrical system and increase its ability to supply the nation's expanding energy needs.

In order to guarantee grid stability and dependability, the industry is also seeing developments in power quality equipment, such as voltage regulators, harmonic filters, and uninterruptible power supply (UPS). The need for reliable power equipment is further fueled by the growing number of electric cars (EVs) and the development of EV charging infrastructure. Manufacturers must comply with strict regulatory frameworks and compliance criteria imposed by the Saudi Energy Efficiency Center (SEEC) in order to fulfill energy performance standards, which is one of the industry's problems. Notwithstanding these obstacles, the Saudi Arabian market for power equipment is expected to develop further because to advantageous regulations, cutting-edge technology, and strategic alliances.

Power Equipment Market Segments

Equipment Type - Market breakup in 6 viewpoints:

1. Generator

2. Transformer

3. Switchgears

4. Circuit Breakers

5. Power Cable

6. Other Equipment Types

Power Generation Source - Market breakup in 9 viewpoints:

1. Fossil Fuel Based

2. Solar

3. Wind

4. Nuclear

5. Hydro

End-User Market breakup in 3 viewpoints:

1. Residential

2. Industrial and Commercial

3. Utility

Application - Market breakup in 3 viewpoints:

1. Power Generation

2. Transmission

3. Distribution

Country - Market breakup in 25 viewpoints:

North America

• United States
• Canada

Europe

• France
• Germany
• Italy
• Spain
• United Kingdom
• Belgium
• Netherlands
• Turkey

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Thailand
• Malaysia
• Indonesia
• New Zealand

Latin America

• Brazil
• Mexico
• Argentina

Middle East & Africa

• South Africa
• Saudi Arabia
• United Arab Emirates

All the Key players have been covered from 4 Viewpoints:

• Overview
• Key Persons
• Recent Developments
• Revenue

Company Analysis:

1. General Electric Company

2. Siemens AG

3. Schneider Electric SE

4. Mitsubishi Electric Corporation

5. Eaton Corporation plc

6. Honeywell International Inc.

7. Bharat Heavy Electricals Limited

8. Crompton Greaves Ltd.

9. Rockwell Automation, Inc.

Table of Contents

1. Introduction

2. Research & Methodology

• 2.1 Data Source
  • 2.1.1 Primary Sources
  • 2.1.2 Secondary Sources
• 2.2 Research Approach
  • 2.2.1 Top-Down Approach
  • 2.2.2 Bottom-Up Approach
• 2.3 Forecast Projection Methodology

3. Executive Summary

4. Market Dynamics

• 4.1 Growth Drivers
• 4.2 Challenges

5. Global Power Equipment Market

• 5.1 Historical Market Trends
• 5.2 Market Forecast

6. Market Share Analysis

• 6.1 By Equipment Type
• 6.2 By Power Generation Source
• 6.3 By End-User
• 6.4 By Application
• 6.5 By Countries

7. Equipment Type

• 7.1 Generator
• 7.2 Transformer
• 7.3 Switchgears
• 7.4 Circuit Breakers
• 7.5 Power Cable
• 7.6 Other Equipment Types

8. Power Generation Source

• 8.1 Fossil Fuel Based
• 8.2 Solar
• 8.3 Wind
• 8.4 Nuclear
• 8.5 Hydro

9. End-User

• 9.1 Residential
• 9.2 Industrial and Commercial
• 9.3 Utility

10. Application

• 10.1 Power Generation
• 10.2 Transmission
• 10.3 Distribution

11. Countries

• 11.1 North America
  • 11.1.1 United States
  • 11.1.2 Canada
• 11.2 Europe
  • 11.2.1 France
  • 11.2.2 Germany
  • 11.2.3 Italy
  • 11.2.4 Spain
  • 11.2.5 United Kingdom
  • 11.2.6 Belgium
  • 11.2.7 Netherlands
  • 11.2.8 Turkey
• 11.3 Asia Pacific
  • 11.3.1 China
  • 11.3.2 Japan
  • 11.3.3 India
  • 11.3.4 Australia
  • 11.3.5 South Korea
  • 11.3.6 Thailand
  • 11.3.7 Malaysia
  • 11.3.8 Indonesia
  • 11.3.9 New Zealand
• 11.4 Latin America
  • 11.4.1 Brazil
  • 11.4.2 Mexico
  • 11.4.3 Argentina
• 11.5 Middle East & Africa
  • 11.5.1 South Africa
  • 11.5.2 Saudi Arabia
  • 11.5.3 United Arab Emirates

12. Porter's Five Forces Analysis

• 12.1 Bargaining Power of Buyers
• 12.2 Bargaining Power of Suppliers
• 12.3 Degree of Competition
• 12.4 Threat of New Entrants
• 12.5 Threat of Substitutes

13. SWOT Analysis

• 13.1 Strength
• 13.2 Weakness
• 13.3 Opportunity
• 13.4 Threats

14. Key Players Analysis

• 14.1 General Electric Company
  • 14.1.1 Overviews
  • 14.1.2 Key Person
  • 14.1.3 Recent Developments
  • 14.1.4 Revenue
• 14.2 Siemens AG
  • 14.2.1 Overviews
  • 14.2.2 Key Person
  • 14.2.3 Recent Developments
  • 14.2.4 Revenue
• 14.3 Schneider Electric SE
  • 14.3.1 Overviews
  • 14.3.2 Key Person
  • 14.3.3 Recent Developments
  • 14.3.4 Revenue
• 14.4 Mitsubishi Electric Corporation
  • 14.4.1 Overviews
  • 14.4.2 Key Person
  • 14.4.3 Recent Developments
  • 14.4.4 Revenue
• 14.5 Eaton Corporation plc
  • 14.5.1 Overviews
  • 14.5.2 Key Person
  • 14.5.3 Recent Developments
  • 14.5.4 Revenue
• 14.6 Honeywell International Inc.
  • 14.6.1 Overviews
  • 14.6.2 Key Person
  • 14.6.3 Recent Developments
  • 14.6.4 Revenue
• 14.7 Bharat Heavy Electricals Limited
  • 14.7.1 Overviews
  • 14.7.2 Key Person
  • 14.7.3 Recent Developments
  • 14.7.4 Revenue
• 14.8 Crompton Greaves Ltd.
  • 14.8.1 Overviews
  • 14.8.2 Key Person
  • 14.8.3 Recent Developments
  • 14.8.4 Revenue
• 14.9 Rockwell Automation, Inc.
  • 14.9.1 Overviews
  • 14.9.2 Key Person
  • 14.9.3 Recent Developments
  • 14.9.4 Revenue