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Global Power Equipment Market Research Report 2025
Published Date: May 2025
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Report Code: QYRE-Auto-24S17995
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Global Power Equipment Market Research Report 2024
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Global Power Equipment Market Research Report 2025

Code: QYRE-Auto-24S17995
Report
May 2025
Pages:100
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Power Equipment Market Size

The global market for Power Equipment was valued at US$ 65020 million in the year 2024 and is projected to reach a revised size of US$ 88570 million by 2031, growing at a CAGR of 4.6% during the forecast period.

Power Equipment Market

Power Equipment Market

The report mainly study the three segments including HVDC devices, transformers, and gas-insulated switchgear (GIS) HVDC (High Voltage Direct Current) systems are used to transmit electricity over long distances with minimal losses. Unlike AC (Alternating Current) systems, HVDC systems use direct current, which is more efficient for long-distance transmission and undersea cables. Transformers are devices that change the voltage levels of electricity in power systems. They are essential for transmitting electricity efficiently over long distances and distributing it to homes and businesses.
Global key players of Power Equipment include Hitachi Energy, Siemens, GE Vernova, Mitsubishi Electric, TBEA, etc. The top five players hold a share about 25%. Asia-Pacific is the world's largest market for Power Equipment and holds a share about 55%, followed by North America and Europe, with share about 18% and 14%, separately. In terms of product type, Transformers is the largest segment, accounting for a share about 52%.
This report aims to provide a comprehensive presentation of the global market for Power 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 Equipment.
The Power 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 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 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 Equipment Market Report

Report Metric Details
Report Name Power Equipment Market
Accounted market size in year US$ 65020 million
Forecasted market size in 2031 US$ 88570 million
CAGR 4.6%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
Segment by Application
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 Energy, Siemens, GE Vernova, Mitsubishi Electric, TBEA, XD Group, Schneider Electric, Eaton, Toshiba, Fuji Electric, CHINT Group, Hyundai Electric, SGB-SMIT, Shandong Taikai, XJ Electric, Baoding Tianwei Baobian Electric
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 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 Equipment Market growing?

Ans: The Power Equipment Market witnessing a CAGR of 4.6% during the forecast period 2025-2031.

What is the Power Equipment Market size in 2031?

Ans: The Power Equipment Market size in 2031 will be US$ 88570 million.

What is the market share of major companies in Power Equipment Market?

Ans: The top five players hold a share about 25%.

What is the Power Equipment Market share by region?

Ans: Asia-Pacific is the world's largest market for Power Equipment and holds a share about 55%, followed by North America and Europe, with share about 18% and 14%, separately.

What is the Power Equipment Market share by type?

Ans: In terms of product type, Transformers is the largest segment, accounting for a share about 52%.

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

Ans: The main players in the Power Equipment Market are Hitachi Energy, Siemens, GE Vernova, Mitsubishi Electric, TBEA, XD Group, Schneider Electric, Eaton, Toshiba, Fuji Electric, CHINT Group, Hyundai Electric, SGB-SMIT, Shandong Taikai, XJ Electric, Baoding Tianwei Baobian Electric

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

Ans: The Applications covered in the Power Equipment Market report are High Voltage Application, Medium Voltage Application, Low Voltage Application

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

Ans: The Types covered in the Power Equipment Market report are Transformers, HVDC Devices, Gas Insulated Switchgear

Recommended Reports

Power Transmission

High Voltage Equipment

Power & Electrical Cables

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