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Global Power Transmission Equipment Market Research Report 2025
Published Date: June 2025
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Report Code: QYRE-Auto-10Q9906
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Global Power Transmission Equipment Market Insights Forecast to 2028
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Global Power Transmission Equipment Market Research Report 2025

Code: QYRE-Auto-10Q9906
Report
June 2025
Pages:93
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Power Transmission Equipment Market Size

The global market for Power Transmission Equipment was valued at US$ 23091 million in the year 2024 and is projected to reach a revised size of US$ 29101 million by 2031, growing at a CAGR of 3.3% during the forecast period.

Power Transmission Equipment Market

Power Transmission Equipment Market

Transmission of electric power is transfer of bulk electrical energy to substations from power generating plants. Electrical transmission is distinct from electrical distribution, in terms of carrying large quantities of high voltage power over large distances; thus there are differences in the equipment used for each. In this report, products demanded are transformers and switchgear and many other products.
The Power Transmission Equipment industry can be broken down into several segments, Transformers, Switchgear, etc. Unlike electrical distribution equipment, which operates at lower voltages and closer to end-users, transmission equipment is built to ensure the stability, safety, and continuity of power transmission within the grid infrastructure.
The global market for power transmission equipment is witnessing steady growth, driven by the rising demand for reliable electricity distribution across residential, industrial, and utility sectors. Among the product segments, switchgears stand out as the dominant category, accounting for approximately 40% of the global market share in 2024. Switchgears play a crucial role in ensuring operational safety, system control, and uninterrupted power flow, making them a critical component in modern transmission and distribution infrastructure. Transformers and other associated devices continue to complement this ecosystem, providing voltage regulation and support for stable energy delivery.
In terms of application, residential use leads the global market with a significant share of around 65% in 2024. This dominance is largely fueled by urbanization, infrastructure development, and the continuous need for dependable electricity in homes, apartments, and residential complexes. Applications in fossil fuel-fired power generation and renewable energy are also contributing to market expansion, supported by global efforts toward energy transition and grid modernization.
The Asia-Pacific region emerges as the largest consumer market, commanding about 43% of the global consumption. This leadership is propelled by rapid industrialization, population growth, and large-scale investments in power infrastructure in countries such as China, India, and Southeast Asian nations.
The market is being driven by several key factors. Increasing global electricity demand, coupled with rising investment in grid infrastructure modernization, is fostering the growth of power transmission equipment. The shift toward renewable energy sources requires new transmission solutions, further boosting product demand. Urban development and electrification in emerging economies continue to create favorable conditions for market expansion. Additionally, technological advancements in switchgear and transformer designs are making systems more efficient, safer, and compact, which aligns well with modern grid requirements.
However, the market faces notable restraints. High initial investment costs for transmission equipment installation and grid upgrades can be a barrier, particularly in developing regions with limited budgets. Complex regulatory frameworks and approval processes for energy projects may delay infrastructure deployment. Additionally, fluctuations in raw material prices and supply chain uncertainties, especially for specialized electrical components, can affect production and delivery timelines. These factors pose challenges to consistent growth and may require strategic planning and investment balancing by stakeholders.
This report aims to provide a comprehensive presentation of the global market for Power Transmission Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Transmission Equipment.
The Power Transmission Equipment market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Power Transmission Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Power Transmission Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Power Transmission Equipment Market Report

Report Metric Details
Report Name Power Transmission Equipment Market
Accounted market size in year US$ 23091 million
Forecasted market size in 2031 US$ 29101 million
CAGR 3.3%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
  • Transformers
  • Switchgears
  • Others
Segment by Application
  • Fossil Fuel Fired Power
  • Renewable Energy
  • Others
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Hitachi (ABB), Siemens, GE, Schneider Electric, Eaton, BHEL, TBEA, HYOSUNG, China XD Group, Mitsubishi Electric, Toshiba, Crompton Greaves, Prolec GE (SPX Transformer Solutions), Fuji Electric, Shanghai Electric, Baoding Tianwei
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of Power Transmission Equipment company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Power Transmission Equipment Market growing?

Ans: The Power Transmission Equipment Market witnessing a CAGR of 3.3% during the forecast period 2025-2031.

What is the Power Transmission Equipment Market size in 2031?

Ans: The Power Transmission Equipment Market size in 2031 will be US$ 29101 million.

What is the Power Transmission Equipment Market share by type?

Ans: Among the product segments, switchgears stand out as the dominant category, accounting for approximately 40% of the global market share in 2024.

What is the Power Transmission Equipment Market share by region?

Ans: The Asia-Pacific region emerges as the largest consumer market, commanding about 43% of the global consumption.

Who are the main players in the Power Transmission Equipment Market report?

Ans: The main players in the Power Transmission Equipment Market are Hitachi (ABB), Siemens, GE, Schneider Electric, Eaton, BHEL, TBEA, HYOSUNG, China XD Group, Mitsubishi Electric, Toshiba, Crompton Greaves, Prolec GE (SPX Transformer Solutions), Fuji Electric, Shanghai Electric, Baoding Tianwei

What are the Application segmentation covered in the Power Transmission Equipment Market report?

Ans: The Applications covered in the Power Transmission Equipment Market report are Fossil Fuel Fired Power, Renewable Energy, Others

What are the Type segmentation covered in the Power Transmission Equipment Market report?

Ans: The Types covered in the Power Transmission Equipment Market report are Transformers, Switchgears, Others

Recommended Reports

Power Transmission Systems

Grid Infrastructure

Transmission Components

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Power Transmission Equipment Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Transformers
1.2.3 Switchgears
1.2.4 Others
1.3 Market by Application
1.3.1 Global Power Transmission Equipment Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Fossil Fuel Fired Power
1.3.3 Renewable Energy
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Power Transmission Equipment Market Perspective (2020-2031)
2.2 Global Power Transmission Equipment Growth Trends by Region
2.2.1 Global Power Transmission Equipment Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Power Transmission Equipment Historic Market Size by Region (2020-2025)
2.2.3 Power Transmission Equipment Forecasted Market Size by Region (2026-2031)
2.3 Power Transmission Equipment Market Dynamics
2.3.1 Power Transmission Equipment Industry Trends
2.3.2 Power Transmission Equipment Market Drivers
2.3.3 Power Transmission Equipment Market Challenges
2.3.4 Power Transmission Equipment Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Power Transmission Equipment Players by Revenue
3.1.1 Global Top Power Transmission Equipment Players by Revenue (2020-2025)
3.1.2 Global Power Transmission Equipment Revenue Market Share by Players (2020-2025)
3.2 Global Top Power Transmission Equipment Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Power Transmission Equipment Revenue
3.4 Global Power Transmission Equipment Market Concentration Ratio
3.4.1 Global Power Transmission Equipment Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Power Transmission Equipment Revenue in 2024
3.5 Global Key Players of Power Transmission Equipment Head office and Area Served
3.6 Global Key Players of Power Transmission Equipment, Product and Application
3.7 Global Key Players of Power Transmission Equipment, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Power Transmission Equipment Breakdown Data by Type
4.1 Global Power Transmission Equipment Historic Market Size by Type (2020-2025)
4.2 Global Power Transmission Equipment Forecasted Market Size by Type (2026-2031)
5 Power Transmission Equipment Breakdown Data by Application
5.1 Global Power Transmission Equipment Historic Market Size by Application (2020-2025)
5.2 Global Power Transmission Equipment Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Power Transmission Equipment Market Size (2020-2031)
6.2 North America Power Transmission Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Power Transmission Equipment Market Size by Country (2020-2025)
6.4 North America Power Transmission Equipment Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Power Transmission Equipment Market Size (2020-2031)
7.2 Europe Power Transmission Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Power Transmission Equipment Market Size by Country (2020-2025)
7.4 Europe Power Transmission Equipment Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Ireland
8 Asia-Pacific
8.1 Asia-Pacific Power Transmission Equipment Market Size (2020-2031)
8.2 Asia-Pacific Power Transmission Equipment Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Power Transmission Equipment Market Size by Region (2020-2025)
8.4 Asia-Pacific Power Transmission Equipment Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia & New Zealand
9 Latin America
9.1 Latin America Power Transmission Equipment Market Size (2020-2031)
9.2 Latin America Power Transmission Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Power Transmission Equipment Market Size by Country (2020-2025)
9.4 Latin America Power Transmission Equipment Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Power Transmission Equipment Market Size (2020-2031)
10.2 Middle East & Africa Power Transmission Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Power Transmission Equipment Market Size by Country (2020-2025)
10.4 Middle East & Africa Power Transmission Equipment Market Size by Country (2026-2031)
10.5 Israel
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Hitachi (ABB)
11.1.1 Hitachi (ABB) Company Details
11.1.2 Hitachi (ABB) Business Overview
11.1.3 Hitachi (ABB) Power Transmission Equipment Introduction
11.1.4 Hitachi (ABB) Revenue in Power Transmission Equipment Business (2020-2025)
11.1.5 Hitachi (ABB) Recent Development
11.2 Siemens
11.2.1 Siemens Company Details
11.2.2 Siemens Business Overview
11.2.3 Siemens Power Transmission Equipment Introduction
11.2.4 Siemens Revenue in Power Transmission Equipment Business (2020-2025)
11.2.5 Siemens Recent Development
11.3 GE
11.3.1 GE Company Details
11.3.2 GE Business Overview
11.3.3 GE Power Transmission Equipment Introduction
11.3.4 GE Revenue in Power Transmission Equipment Business (2020-2025)
11.3.5 GE Recent Development
11.4 Schneider Electric
11.4.1 Schneider Electric Company Details
11.4.2 Schneider Electric Business Overview
11.4.3 Schneider Electric Power Transmission Equipment Introduction
11.4.4 Schneider Electric Revenue in Power Transmission Equipment Business (2020-2025)
11.4.5 Schneider Electric Recent Development
11.5 Eaton
11.5.1 Eaton Company Details
11.5.2 Eaton Business Overview
11.5.3 Eaton Power Transmission Equipment Introduction
11.5.4 Eaton Revenue in Power Transmission Equipment Business (2020-2025)
11.5.5 Eaton Recent Development
11.6 BHEL
11.6.1 BHEL Company Details
11.6.2 BHEL Business Overview
11.6.3 BHEL Power Transmission Equipment Introduction
11.6.4 BHEL Revenue in Power Transmission Equipment Business (2020-2025)
11.6.5 BHEL Recent Development
11.7 TBEA
11.7.1 TBEA Company Details
11.7.2 TBEA Business Overview
11.7.3 TBEA Power Transmission Equipment Introduction
11.7.4 TBEA Revenue in Power Transmission Equipment Business (2020-2025)
11.7.5 TBEA Recent Development
11.8 HYOSUNG
11.8.1 HYOSUNG Company Details
11.8.2 HYOSUNG Business Overview
11.8.3 HYOSUNG Power Transmission Equipment Introduction
11.8.4 HYOSUNG Revenue in Power Transmission Equipment Business (2020-2025)
11.8.5 HYOSUNG Recent Development
11.9 China XD Group
11.9.1 China XD Group Company Details
11.9.2 China XD Group Business Overview
11.9.3 China XD Group Power Transmission Equipment Introduction
11.9.4 China XD Group Revenue in Power Transmission Equipment Business (2020-2025)
11.9.5 China XD Group Recent Development
11.10 Mitsubishi Electric
11.10.1 Mitsubishi Electric Company Details
11.10.2 Mitsubishi Electric Business Overview
11.10.3 Mitsubishi Electric Power Transmission Equipment Introduction
11.10.4 Mitsubishi Electric Revenue in Power Transmission Equipment Business (2020-2025)
11.10.5 Mitsubishi Electric Recent Development
11.11 Toshiba
11.11.1 Toshiba Company Details
11.11.2 Toshiba Business Overview
11.11.3 Toshiba Power Transmission Equipment Introduction
11.11.4 Toshiba Revenue in Power Transmission Equipment Business (2020-2025)
11.11.5 Toshiba Recent Development
11.12 Crompton Greaves
11.12.1 Crompton Greaves Company Details
11.12.2 Crompton Greaves Business Overview
11.12.3 Crompton Greaves Power Transmission Equipment Introduction
11.12.4 Crompton Greaves Revenue in Power Transmission Equipment Business (2020-2025)
11.12.5 Crompton Greaves Recent Development
11.13 Prolec GE (SPX Transformer Solutions)
11.13.1 Prolec GE (SPX Transformer Solutions) Company Details
11.13.2 Prolec GE (SPX Transformer Solutions) Business Overview
11.13.3 Prolec GE (SPX Transformer Solutions) Power Transmission Equipment Introduction
11.13.4 Prolec GE (SPX Transformer Solutions) Revenue in Power Transmission Equipment Business (2020-2025)
11.13.5 Prolec GE (SPX Transformer Solutions) Recent Development
11.14 Fuji Electric
11.14.1 Fuji Electric Company Details
11.14.2 Fuji Electric Business Overview
11.14.3 Fuji Electric Power Transmission Equipment Introduction
11.14.4 Fuji Electric Revenue in Power Transmission Equipment Business (2020-2025)
11.14.5 Fuji Electric Recent Development
11.15 Shanghai Electric
11.15.1 Shanghai Electric Company Details
11.15.2 Shanghai Electric Business Overview
11.15.3 Shanghai Electric Power Transmission Equipment Introduction
11.15.4 Shanghai Electric Revenue in Power Transmission Equipment Business (2020-2025)
11.15.5 Shanghai Electric Recent Development
11.16 Baoding Tianwei
11.16.1 Baoding Tianwei Company Details
11.16.2 Baoding Tianwei Business Overview
11.16.3 Baoding Tianwei Power Transmission Equipment Introduction
11.16.4 Baoding Tianwei Revenue in Power Transmission Equipment Business (2020-2025)
11.16.5 Baoding Tianwei Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
List of Tables
 Table 1. Global Power Transmission Equipment Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Transformers
 Table 3. Key Players of Switchgears
 Table 4. Key Players of Others
 Table 5. Global Power Transmission Equipment Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 6. Global Power Transmission Equipment Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 7. Global Power Transmission Equipment Market Size by Region (2020-2025) & (US$ Million)
 Table 8. Global Power Transmission Equipment Market Share by Region (2020-2025)
 Table 9. Global Power Transmission Equipment Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 10. Global Power Transmission Equipment Market Share by Region (2026-2031)
 Table 11. Power Transmission Equipment Market Trends
 Table 12. Power Transmission Equipment Market Drivers
 Table 13. Power Transmission Equipment Market Challenges
 Table 14. Power Transmission Equipment Market Restraints
 Table 15. Global Power Transmission Equipment Revenue by Players (2020-2025) & (US$ Million)
 Table 16. Global Power Transmission Equipment Market Share by Players (2020-2025)
 Table 17. Global Top Power Transmission Equipment Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Power Transmission Equipment as of 2024)
 Table 18. Ranking of Global Top Power Transmission Equipment Companies by Revenue (US$ Million) in 2024
 Table 19. Global 5 Largest Players Market Share by Power Transmission Equipment Revenue (CR5 and HHI) & (2020-2025)
 Table 20. Global Key Players of Power Transmission Equipment, Headquarters and Area Served
 Table 21. Global Key Players of Power Transmission Equipment, Product and Application
 Table 22. Global Key Players of Power Transmission Equipment, Date of Enter into This Industry
 Table 23. Mergers & Acquisitions, Expansion Plans
 Table 24. Global Power Transmission Equipment Market Size by Type (2020-2025) & (US$ Million)
 Table 25. Global Power Transmission Equipment Revenue Market Share by Type (2020-2025)
 Table 26. Global Power Transmission Equipment Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 27. Global Power Transmission Equipment Revenue Market Share by Type (2026-2031)
 Table 28. Global Power Transmission Equipment Market Size by Application (2020-2025) & (US$ Million)
 Table 29. Global Power Transmission Equipment Revenue Market Share by Application (2020-2025)
 Table 30. Global Power Transmission Equipment Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 31. Global Power Transmission Equipment Revenue Market Share by Application (2026-2031)
 Table 32. North America Power Transmission Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 33. North America Power Transmission Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 34. North America Power Transmission Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 35. Europe Power Transmission Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 36. Europe Power Transmission Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 37. Europe Power Transmission Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 38. Asia-Pacific Power Transmission Equipment Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 39. Asia-Pacific Power Transmission Equipment Market Size by Region (2020-2025) & (US$ Million)
 Table 40. Asia-Pacific Power Transmission Equipment Market Size by Region (2026-2031) & (US$ Million)
 Table 41. Latin America Power Transmission Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 42. Latin America Power Transmission Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 43. Latin America Power Transmission Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 44. Middle East & Africa Power Transmission Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 45. Middle East & Africa Power Transmission Equipment Market Size by Country (2020-2025) & (US$ Million)
 Table 46. Middle East & Africa Power Transmission Equipment Market Size by Country (2026-2031) & (US$ Million)
 Table 47. Hitachi (ABB) Company Details
 Table 48. Hitachi (ABB) Business Overview
 Table 49. Hitachi (ABB) Power Transmission Equipment Product
 Table 50. Hitachi (ABB) Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 51. Hitachi (ABB) Recent Development
 Table 52. Siemens Company Details
 Table 53. Siemens Business Overview
 Table 54. Siemens Power Transmission Equipment Product
 Table 55. Siemens Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 56. Siemens Recent Development
 Table 57. GE Company Details
 Table 58. GE Business Overview
 Table 59. GE Power Transmission Equipment Product
 Table 60. GE Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 61. GE Recent Development
 Table 62. Schneider Electric Company Details
 Table 63. Schneider Electric Business Overview
 Table 64. Schneider Electric Power Transmission Equipment Product
 Table 65. Schneider Electric Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 66. Schneider Electric Recent Development
 Table 67. Eaton Company Details
 Table 68. Eaton Business Overview
 Table 69. Eaton Power Transmission Equipment Product
 Table 70. Eaton Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 71. Eaton Recent Development
 Table 72. BHEL Company Details
 Table 73. BHEL Business Overview
 Table 74. BHEL Power Transmission Equipment Product
 Table 75. BHEL Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 76. BHEL Recent Development
 Table 77. TBEA Company Details
 Table 78. TBEA Business Overview
 Table 79. TBEA Power Transmission Equipment Product
 Table 80. TBEA Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 81. TBEA Recent Development
 Table 82. HYOSUNG Company Details
 Table 83. HYOSUNG Business Overview
 Table 84. HYOSUNG Power Transmission Equipment Product
 Table 85. HYOSUNG Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 86. HYOSUNG Recent Development
 Table 87. China XD Group Company Details
 Table 88. China XD Group Business Overview
 Table 89. China XD Group Power Transmission Equipment Product
 Table 90. China XD Group Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 91. China XD Group Recent Development
 Table 92. Mitsubishi Electric Company Details
 Table 93. Mitsubishi Electric Business Overview
 Table 94. Mitsubishi Electric Power Transmission Equipment Product
 Table 95. Mitsubishi Electric Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 96. Mitsubishi Electric Recent Development
 Table 97. Toshiba Company Details
 Table 98. Toshiba Business Overview
 Table 99. Toshiba Power Transmission Equipment Product
 Table 100. Toshiba Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 101. Toshiba Recent Development
 Table 102. Crompton Greaves Company Details
 Table 103. Crompton Greaves Business Overview
 Table 104. Crompton Greaves Power Transmission Equipment Product
 Table 105. Crompton Greaves Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 106. Crompton Greaves Recent Development
 Table 107. Prolec GE (SPX Transformer Solutions) Company Details
 Table 108. Prolec GE (SPX Transformer Solutions) Business Overview
 Table 109. Prolec GE (SPX Transformer Solutions) Power Transmission Equipment Product
 Table 110. Prolec GE (SPX Transformer Solutions) Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 111. Prolec GE (SPX Transformer Solutions) Recent Development
 Table 112. Fuji Electric Company Details
 Table 113. Fuji Electric Business Overview
 Table 114. Fuji Electric Power Transmission Equipment Product
 Table 115. Fuji Electric Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 116. Fuji Electric Recent Development
 Table 117. Shanghai Electric Company Details
 Table 118. Shanghai Electric Business Overview
 Table 119. Shanghai Electric Power Transmission Equipment Product
 Table 120. Shanghai Electric Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 121. Shanghai Electric Recent Development
 Table 122. Baoding Tianwei Company Details
 Table 123. Baoding Tianwei Business Overview
 Table 124. Baoding Tianwei Power Transmission Equipment Product
 Table 125. Baoding Tianwei Revenue in Power Transmission Equipment Business (2020-2025) & (US$ Million)
 Table 126. Baoding Tianwei Recent Development
 Table 127. Research Programs/Design for This Report
 Table 128. Key Data Information from Secondary Sources
 Table 129. Key Data Information from Primary Sources
 Table 130. Authors List of This Report


List of Figures
 Figure 1. Power Transmission Equipment Picture
 Figure 2. Global Power Transmission Equipment Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Power Transmission Equipment Market Share by Type: 2024 VS 2031
 Figure 4. Transformers Features
 Figure 5. Switchgears Features
 Figure 6. Others Features
 Figure 7. Global Power Transmission Equipment Market Size by Application (2020-2031) & (US$ Million)
 Figure 8. Global Power Transmission Equipment Market Share by Application: 2024 VS 2031
 Figure 9. Fossil Fuel Fired Power Case Studies
 Figure 10. Renewable Energy Case Studies
 Figure 11. Others Case Studies
 Figure 12. Power Transmission Equipment Report Years Considered
 Figure 13. Global Power Transmission Equipment Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 14. Global Power Transmission Equipment Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 15. Global Power Transmission Equipment Market Share by Region: 2024 VS 2031
 Figure 16. Global Power Transmission Equipment Market Share by Players in 2024
 Figure 17. Global Power Transmission Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
 Figure 18. The Top 10 and 5 Players Market Share by Power Transmission Equipment Revenue in 2024
 Figure 19. North America Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 20. North America Power Transmission Equipment Market Share by Country (2020-2031)
 Figure 21. United States Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 22. Canada Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 23. Europe Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 24. Europe Power Transmission Equipment Market Share by Country (2020-2031)
 Figure 25. Germany Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 26. France Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 27. U.K. Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. Italy Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. Russia Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Ireland Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Asia-Pacific Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 32. Asia-Pacific Power Transmission Equipment Market Share by Region (2020-2031)
 Figure 33. China Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. Japan Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 35. South Korea Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. Southeast Asia Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. India Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Australia & New Zealand Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. Latin America Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 40. Latin America Power Transmission Equipment Market Share by Country (2020-2031)
 Figure 41. Mexico Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Brazil Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 43. Middle East & Africa Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 44. Middle East & Africa Power Transmission Equipment Market Share by Country (2020-2031)
 Figure 45. Israel Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. Saudi Arabia Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 47. UAE Power Transmission Equipment Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 48. Hitachi (ABB) Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 49. Siemens Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 50. GE Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 51. Schneider Electric Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 52. Eaton Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 53. BHEL Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 54. TBEA Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 55. HYOSUNG Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 56. China XD Group Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 57. Mitsubishi Electric Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 58. Toshiba Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 59. Crompton Greaves Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 60. Prolec GE (SPX Transformer Solutions) Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 61. Fuji Electric Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 62. Shanghai Electric Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 63. Baoding Tianwei Revenue Growth Rate in Power Transmission Equipment Business (2020-2025)
 Figure 64. Bottom-up and Top-down Approaches for This Report
 Figure 65. Data Triangulation
 Figure 66. Key Executives Interviewed
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