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High Voltage Equipment Market SWOT Analysis and Growth Projections

High Voltage Equipment is any piece of equipment that carries a High voltage equipment includes, Power transformer, control equipment, switchgears, insulators and many others. High voltage becomes the integral part of the transmission and distribution network. Power transmission includes equipment like as transformers and reactive compensation, breaker, protection and control and communication equipment and others. Increasing demand for high voltage equipment in power transmission and distribution is driving growth of the market. Increasing implementation of smart grid across major countries, replacement and upgrade of aging transmission infrastructure and new capacity addition of generation, including renewable and transmission are the key market drivers of the high voltage equipment market.

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Top Key Major Players:-

1.ABB Ltd.
2.Crompton Greaves
3.Encore Wire
4.Finolex Cables
5.General Electric Company
6.Nexans
7.NKT Cables
8.Switchgears
9.Siemens AG
10.Toshiba

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