The global high voltage measuring equipment market is witnessing rapid growth over the past few years. The growth of the high voltage measuring equipment market can be attributed to the huge investments in transmission grids for maximum efficiency for power transmission and minimum power loss. A new research report with a title “High Voltage Measuring Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024” has been recently added to the vast online repository of Market Research Reports Search Engine (MRRSE). This report on high voltage measuring equipment market analyzes its current status as well as future prospects of the industry across the globe.
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The global high voltage measuring equipment market is expected to display growth at a CAGR of 7.9% between 2016 and 2024. Rising at this pace, the market will reach a valuation of US$6.59 billion by 2024 from US$3.36 billion in 2015. This report analyzes and forecasts the market for high voltage measuring equipment at the global and regional level. The market is forecasted based on revenue (US$ Million) and volume (Million Units), considering 2015 as the base year. The report also examines drivers and restraints of the global high voltage measuring equipment market. It also includes their influence of on growth for high voltage measuring equipment during the forecast period. The report also evaluates opportunities in the high voltage measuring equipment market at the regional and global level.
The study offers a decisive view of the global high voltage measuring equipment market by segregating the global market based on product type into capacitive voltage transformers, potential transformers & others. In terms of application, the market segments are power transmission, power generation (substation), industrial & others (testing centers, laboratory, commercial purposes, etc.). These segments have been studied based on current and future trends. Geographically, segmentation includes present and forecast growth for high voltage measuring equipment market in Asia Pacific, North America, Europe, Latin America, and Middle East & Africa.
The report finally provides profiles of important companies involved in the global high voltage measuring equipment market. The global high voltage measuring equipment market is moderately consolidated. Key players profiled within the report include GE Grid Solutions, Maxwell Technologies, BHEL, ABB, Siemens, Crompton Greaves, and Shanghai Electric Group Company Limited. These companies are profiled in terms of attributes such as financial overview, company overview, business strategies, and recent developments.
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