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Global Power Transmission Component Market Size, Trends & Growth Opportunity, By Product & Service, By Component, By End User, By Region and Forecast till 2027.

Publisher QualiKet Research
Published Dec 01, 2022
SKU # QUA17624029

Description

Global Power Transmission Component Market Size, Trends & Growth Opportunity, By Product & Service, By Component, By End User, By Region and Forecast till 2027.

Global Power Transmission Component Market

Global Power Transmission Component Market was valued at USD 71 billion in 2021 and is estimated to reach USD 115.07 billion by 2027 at over 4.2% CAGR from 2022 to 2027.

Power Transmission Component is defined as” the components that gives an overview of various components that help to transmit energy by the mechanical system”. Power transmission component aims at conveyance and reception of power high enough to enable the operation of other electrical devices. Many systems use gear trains, belt drive system, chain drive system or a combination of these to transfer energy from power source to a point of use.

Market Drivers

Ongoing modifications in power transmission components results in expansion of effective grid infrastructure in line with the rapidly changing climate scenario will drive the market growth. The rising demand for distributed energy technologies twinned with rising integration of renewable energy resources will credit the business outlook. Increasing establishment of HV cables to decrease the line disruption along with robust development of efficient interstate power transmission network will augment the market landscape.

Market Restraints

Continue refurbishment of damaged power supply equipment along with deployment of advanced transformer and transmission towers will influence the industry scenario. The COVID-19 pandemic has majorly impacted power transmission component market operations because of less manufacturing operations and labor shortages. Regulatory authorities have ordered lockdowns in their respective nations and social distancing measures to hamper the impact of the virus. Outcome of this is that, the industries have witnessed a compatible decline in their product portfolio demand.

Market Segmentation

Power transmission component market is segmented into component, voltage level and current level. By component market is segmented into transformer, circuit breaker, isolator, insulator arrester, transmission line, transmission towers, others.

Regional Analysis

Power transmission component Market is segmented into five regions such as North America, Europe, Asia Pacific, Latin America, and MEA. Europe power transmission component market accounted 40% revenue share in 2021.

Key Players

Key companies across the power transmission component market include Toshiba Energy Systems & Solutions Corporation, Siemens Energy, Hitachi Energy, General Electric, CG Power & Industrial Solutions, Schneider Electric, ZTT, Mitsubishi Electric Corporation, Sterlite Power, Eaton, Bharat Heavy Electricals Limited, Hyundai Electric & Energy Systems, KEC International, Larsen & Toubro Limited, Elsewedy Electric, Hyosung Heavy Industries, WEG, Raychem RPG Private, IMEFY GROUP and ARTECHE.

Market Taxonomy

By Components
  • Transformer
  • Circuit Breaker
  • Isolator
  • Insulator
  • Arrestor
  • Transmission Line
  • Transmission Tower
  • Others
By Voltage Level
  • 132 kV to ≤ 220 kV
  • 220 kV to ≤ 440 kV
  • 440 kV to ≤ 660 kV
  • 660 kV to ≤ 765 kV
  • 765 kV
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Table of Contents

1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Power Transmission Component Market Outlook
4.1 Overviews
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Power Transmission Component Market, By Component
5.1 Transformer
5.2 Circuit Breaker
5.3 Isolator
5.4 Insulator
5.5 Arrestor
5.6 Transmission Line
5.7 Transmission Tower
5.8 Others
6 Global Power Transmission Component Market, By Voltage Level
6.1 > 132 kV to ≤ 220 kV
6.2 > 220 kV to ≤ 440 kV
6.3 > 440 kV to ≤ 660 kV
6.4 > 660 kV to ≤ 765 kV
6.5 > 765 kV
7 Global Power Transmission Component Market, By Current Level
7.1 HVAC
7.2 HVDC
8 Global Power Transmission Component Market, By Region
8.1 Global Power Transmission Component Market Share Analysis, By Region
8.2 Global Power Transmission Component Market Share Analysis, By Region
8.3 Global Power Transmission Component Market Size and Forecast, By Region
9 North America Power Transmission Component Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Power Transmission Component Market Share Analysis, By component
9.3 North America Power Transmission Component Market Size and Forecast, By Voltage level
9.4 North America Power Transmission Component Market Size and Forecast, By Current level
9.5 North America Power Transmission Component Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Power Transmission Component Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Power Transmission Component Market Share Analysis, By Component
10.3 Europe Power Transmission Component Market Size and Forecast, By Voltage level
10.4 Europe Power Transmission Component Market Size and Forecast, By Current level
10.5 Europe Power Transmission Component Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Power Transmission Component Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Power Transmission Component Market Share Analysis, By component
11.3 Asia Pacific Power Transmission Component Market Size and Forecast, By Voltage level
11.4 Asia Pacific Power Transmission Component Market Size and Forecast, By Current level
11.5 Asia Pacific Power Transmission Component Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Power Transmission Component Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Power Transmission Component Market Share Analysis, By component
12.3 Latin America Power Transmission Component Market Size and Forecast, By Voltage level
12.4 Latin America Power Transmission Component Market Size and Forecast, By Current level
12.5 Latin America Power Transmission Component Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Power Transmission Component Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Power Transmission Component Market Share Analysis, By component
13.3 Middle East Power Transmission Component Market Size and Forecast, By Voltage level
13.4 Middle East Power Transmission Component Market Size and Forecast, By Current level
13.5 Middle East Power Transmission Component Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Toshiba Energy Systems & Solutions Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Hitachi Energy Ltd.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Siemens Energy
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 CG Power & Industrial Solutions Ltd.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 General Electric
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Schneider Electric
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Mitsubishi Electric Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 ZTT
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Sterlite Power
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies

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