세계의 고전압 장비 시장 : 시장 규모 분석 - 장비 유형별, 전압 레벨별, 최종 사용자 산업별, 용도별, 설치 방식별, 지역별 예측(2025-2035년)

The Global High Voltage Equipment Market is estimated to be valued at around USD 27.8 billion in 2024 and is poised to grow at a steady CAGR of 3.43% over the forecast period from 2025 to 2035. High voltage equipment, the linchpin of power transmission and distribution networks, plays a critical role in managing and controlling electrical energy efficiently and safely. From substations to grid infrastructure, the demand for sophisticated electrical systems is surging on account of exponential growth in urbanization, industrialization, and global electricity consumption. With power grids becoming more decentralized and nations increasingly transitioning toward renewable sources, the requirement for robust, high-efficiency equipment like circuit breakers, voltage transformers, and surge arresters has intensified. Furthermore, governmental mandates for grid modernization and the ever-expanding renewable energy sector are fueling significant investments in high voltage equipment installations worldwide.

This upward trajectory is being underpinned by expanding electricity demand and the swelling pressure to decarbonize power infrastructure. Developed nations are proactively upgrading aging grid systems, while emerging economies are ramping up grid extension projects to bridge the energy access gap. Technological progressions-such as the development of gas-insulated switchgear and smart monitoring systems-are revolutionizing how transmission and distribution networks operate, ensuring higher reliability and reduced maintenance. Moreover, utilities are compelled to adopt high-performance insulation and protection systems to support fluctuating voltage loads resulting from solar and wind power integration. Notably, the shift toward electrified transportation and digital economies further stimulates the deployment of high voltage equipment across commercial and industrial landscapes.

Regionally, the market exhibits varied dynamics. North America, spearheaded by the United States, leads the charge with its aggressive push for grid decentralization, advanced automation integration, and refurbishment of legacy infrastructure. Meanwhile, Europe is embracing energy transition policies and upgrading transnational interconnection systems, spurring demand for robust high-voltage apparatus. In the Asia Pacific region, countries such as China and India are experiencing unprecedented energy needs, driven by their industrial growth and surging population demands. These countries are investing heavily in transmission capacity expansion and smart grid implementation, providing fertile ground for market players. Additionally, Latin America and the Middle East & Africa are making significant strides in renewable energy adoption, amplifying the need for scalable and durable high voltage systems tailored for harsh operational environments.

Major market players included in this report are:

• Siemens AG
• ABB Ltd.
• Schneider Electric SE
• Mitsubishi Electric Corporation
• General Electric Company
• Eaton Corporation
• Hitachi Energy
• Toshiba Corporation
• Bharat Heavy Electricals Ltd. (BHEL)
• Crompton Greaves Power and Industrial Solutions
• Hyosung Heavy Industries
• Nissin Electric Co., Ltd.
• Hyundai Electric & Energy Systems Co., Ltd.
• LS ELECTRIC Co., Ltd.
• Powell Industries Inc.

Global High Voltage Equipment Market Report Scope:

• Historical Data - 2023, 2024
• Base Year for Estimation - 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Equipment Type:

• Circuit Breakers
• Current Transformers
• Disconnectors
• Insulators
• Surge Arresters
• Voltage Transformers

By Voltage Level:

• Extra-High-voltage (EHV)
• High-voltage (HV)
• Medium Voltage (MV)
• Low Voltage (LV)

By End-User Industry:

• Utilities
• Industrial
• Commercial
• Renewable Energy

By Application:

• Transmission
• Distribution
• Power Generation

By Installation Type:

• Indoor
• Outdoor

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

Table of Contents

Chapter 1. Global High Voltage Equipment Market Report Scope & Methodology

• 1.1. Research Objective
• 1.2. Research Methodology
  • 1.2.1. Forecast Model
  • 1.2.2. Desk Research
  • 1.2.3. Top Down and Bottom-Up Approach
• 1.3. Research Attributes
• 1.4. Scope of the Study
  • 1.4.1. Market Definition
  • 1.4.2. Market Segmentation
• 1.5. Research Assumption
  • 1.5.1. Inclusion & Exclusion
  • 1.5.2. Limitations
  • 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

• 2.1. CEO/CXO Standpoint
• 2.2. Strategic Insights
• 2.3. ESG Analysis
• 2.4. Key Findings

Chapter 3. Global High Voltage Equipment Market Forces Analysis (2024-2035)

• 3.1. Market Forces Shaping the Global High Voltage Equipment Market
• 3.2. Drivers
  • 3.2.1. Rise in global electricity demand and grid infrastructure expansion
  • 3.2.2. Growth in renewable energy integration and need for modern grid solutions
• 3.3. Restraints
  • 3.3.1. High capital investment and operational costs
  • 3.3.2. Supply chain disruptions and volatility in raw material pricing
• 3.4. Opportunities
  • 3.4.1. Technological innovations in smart grid and automation systems
  • 3.4.2. Electrification of transport and emergence of microgrid ecosystems

Chapter 4. Global High Voltage Equipment Industry Analysis

• 4.1. Porter's Five Forces Model
  • 4.1.1. Bargaining Power of Buyer
  • 4.1.2. Bargaining Power of Supplier
  • 4.1.3. Threat of New Entrants
  • 4.1.4. Threat of Substitutes
  • 4.1.5. Competitive Rivalry
• 4.2. Porter's Five Forces Forecast Model (2024-2035)
• 4.3. PESTEL Analysis
  • 4.3.1. Political
  • 4.3.2. Economical
  • 4.3.3. Social
  • 4.3.4. Technological
  • 4.3.5. Environmental
  • 4.3.6. Legal
• 4.4. Top Investment Opportunities
• 4.5. Top Winning Strategies (2025)
• 4.6. Market Share Analysis (2024-2025)
• 4.7. Global Pricing Analysis and Trends 2025
• 4.8. Analyst Recommendation & Conclusion

Chapter 5. Global High Voltage Equipment Market Size & Forecasts by Equipment Type (2025-2035)

• 5.1. Market Overview
• 5.2. Circuit Breakers
  • 5.2.1. Top Countries Breakdown Estimates & Forecasts (2024-2035)
  • 5.2.2. Market Size Analysis by Region (2025-2035)
• 5.3. Current Transformers
• 5.4. Disconnectors
• 5.5. Insulators
• 5.6. Surge Arresters
• 5.7. Voltage Transformers

Chapter 6. Global High Voltage Equipment Market Size & Forecasts by Voltage Level (2025-2035)

• 6.1. Market Overview
• 6.2. Extra-High-Voltage (EHV)
• 6.3. High-Voltage (HV)
• 6.4. Medium Voltage (MV)
• 6.5. Low Voltage (LV)

Chapter 7. Global High Voltage Equipment Market Size & Forecasts by End-User Industry (2025-2035)

• 7.1. Market Overview
• 7.2. Utilities
• 7.3. Industrial
• 7.4. Commercial
• 7.5. Renewable Energy

Chapter 8. Global High Voltage Equipment Market Size & Forecasts by Application (2025-2035)

• 8.1. Market Overview
• 8.2. Transmission
• 8.3. Distribution
• 8.4. Power Generation

Chapter 9. Global High Voltage Equipment Market Size & Forecasts by Installation Type (2025-2035)

• 9.1. Market Overview
• 9.2. Indoor
• 9.3. Outdoor

Chapter 10. Global High Voltage Equipment Market Size & Forecasts by Region (2025-2035)

• 10.1. Regional Market Snapshot
• 10.2. Top Leading & Emerging Countries
• 10.3. North America High Voltage Equipment Market
  • 10.3.1. U.S.
  • 10.3.2. Canada
• 10.4. Europe High Voltage Equipment Market
  • 10.4.1. UK
  • 10.4.2. Germany
  • 10.4.3. France
  • 10.4.4. Spain
  • 10.4.5. Italy
  • 10.4.6. Rest of Europe
• 10.5. Asia Pacific High Voltage Equipment Market
  • 10.5.1. China
  • 10.5.2. India
  • 10.5.3. Japan
  • 10.5.4. Australia
  • 10.5.5. South Korea
  • 10.5.6. Rest of Asia Pacific
• 10.6. Latin America High Voltage Equipment Market
  • 10.6.1. Brazil
  • 10.6.2. Mexico
• 10.7. Middle East & Africa High Voltage Equipment Market
  • 10.7.1. UAE
  • 10.7.2. Saudi Arabia
  • 10.7.3. South Africa
  • 10.7.4. Rest of Middle East & Africa

Chapter 11. Competitive Intelligence

• 11.1. Top Market Strategies
• 11.2. Siemens AG
  • 11.2.1. Company Overview
  • 11.2.2. Key Executives
  • 11.2.3. Company Snapshot
  • 11.2.4. Financial Performance (Subject to Data Availability)
  • 11.2.5. Product/Services Port
  • 11.2.6. Recent Development
  • 11.2.7. Market Strategies
  • 11.2.8. SWOT Analysis
• 11.3. ABB Ltd.
• 11.4. Schneider Electric SE
• 11.5. Mitsubishi Electric Corporation
• 11.6. General Electric Company
• 11.7. Eaton Corporation
• 11.8. Hitachi Energy
• 11.9. Toshiba Corporation
• 11.10. Bharat Heavy Electricals Ltd. (BHEL)
• 11.11. Crompton Greaves Power and Industrial Solutions
• 11.12. Hyosung Heavy Industries
• 11.13. Nissin Electric Co., Ltd.
• 11.14. Hyundai Electric & Energy Systems Co., Ltd.
• 11.15. LS ELECTRIC Co., Ltd.
• 11.16. Powell Industries Inc.