GDPE1040MAR High Voltage Circuit Breakers Sample · 4 Global High Voltage Circuit Breakers Market,...

GDPE1040MAR / Published MAY 2012 High Voltage Circuit Breakers (HVCB) for AC Transmission Systems -

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High Voltage Circuit Breakers (HVCB) for AC Transmission Systems - Global Market Size, Pricing Analysis, Market Share

and Competitive Landscape Analysis to 2020 Reference Code: GDPE1040MAR Publication Date: May 2012

Rising Electricity Demand Set to Stimulate Growth in Global High Voltage Circuit Breakers Market

The expansion and upgrading of the transmission network across the globe is set to stimulate the growth of the global High Voltage Circuit Breakers (HVCB) market. Rapid economic expansion and industrialization has pushed the electricity demand worldwide. The ever-increasing installed capacity and electricity generation calls for the expansion and upgrading of transmission and distribution infrastructure. Huge investment in the power transmission sector is being carried out across the globe to transmit electricity over long distances, in a safe manner, with fewer transmission losses. Serving reliable and safe electricity from power plants to load centers is pushing the demand for better switching systems worldwide. The expansion and upgrading of the transmission infrastructure promotes the demand for transmission equipment, including HVCB, worldwide. During the period 2008-2011, the total demand of HVCB in the new and retrofit market was $XXm. It is estimated that during the forecast period 2012-2020, the demand would increase to $XXm in 2020, growing at a compound annual growth rate (CAGR) of XX%.

In view of global warming and Kyoto protocol obligations, countries are shifting their focus from conventional sources to renewable energy sources. As a result, the share of clean power from hydro, wind, solar and other renewable energy sources has increased in the last decade, and it is expected to grow considerably in future. In addition, large coal-fired power plants, based on supercritical technology, and nuclear plants are coming online to serve the base load in many countries. A robust transmission system is required to transmit electricity generated from these new power plants to load centers. The expansion of the transmission network is stimulating the growth of the HVCB new build market globally.

Furthermore, in most of the existing transmission systems, the HVCBs have reached the end of their operational life of XX-XX years. In countries such as Russia and the US, the transmission network was developed during XX-XXs. A huge demand is expected with the replacement of the existing age-old circuit breakers. Apart from this, the retrofit market will also receive a boost because of technological changes. The existing air blast and oil blast circuit breakers are expected to be replaced with innovative SF6 or vacuum circuit breakers.

High Voltage Circuit Breakers Market, Global, Market Value ($m), 2008 -2015

2008 2011 2015

Mar

ket V

alue

($m

)

Source: GlobalData, Power eTrack, Equipment Database

China and Russia: Leading Markets for High Voltage Circuit Breakers

China and Russia constitute two of the biggest HVCB markets globally. During the period 2012-2020, the cumulative HVCB demand in China and Russia will be over XX units and XX units, respectively.

Electricity demand in China is expected to rise sharply. The electricity consumption in 2011 in China was XXGWh. It is expected to grow at a cumulative average growth rate (CAGR) of XX%.

The main driver for the growth of the HVCB market in China will be the new build market. The electricity consumption in 2011 for China was XXGWh, and is expected to grow at a cumulative average growth rate (CAGR) of XX%, over the period 2012-2020. With rising electricity demand, there will be a huge expansion in the transmission network system. The total transmission line length of XXCkm is expected to be added during 2012-2020, growing at a CAGR of XX%. A number of generation and transmission projects are already under construction and many more are in the pipeline during the forecast period. The upcoming hydro and renewable energy projects will trigger the development of a high voltage transmission network over long distances. The network expansion is expected to drive HVCB demand in the country. It is estimated that in the year 2011, the Chinese HVCB market had contributed XX% of the global demand.

GDPE1040MAR / Published MAY 2012 Page 3 High Voltage Circuit Breakers (HVCB) for AC Transmission Systems -



1 Table of Contents 1 Table of Contents ............................................................................................................................ 3

1.1 List of Tables............................................................................................................................. 5 1.2 List of Figures............................................................................................................................ 6

2 Introduction ..................................................................................................................................... 7 2.1 High Voltage Circuit Breakers, Overview .................................................................................... 7 2.2 High Voltage Circuit Breakers, Product Description..................................................................... 7 2.3 Scope of the Report................................................................................................................... 8 2.4 GlobalData Report Guidance ..................................................................................................... 8

3 Global High Voltage Circuit Breakers Market Analysis....................................................................... 9 3.1 Global High Voltage Circuit Breakers Market, Overview.............................................................. 9 3.2 Global High Voltage Circuit Breakers Market, Drivers and Impact Analysis, 2012–2020............. 10

3.2.1 Growing power demand leading to huge investments in transmission infrastructure .......... 10 3.2.2 Strong Growth of Replacement Market ............................................................................ 11 3.2.3 Presence of domestic players in the market introduces stiff competition............................ 11 3.2.4 Upcoming Renewable Energy Projects............................................................................ 11

3.3 Global High Voltage Circuit Breakers Market, Restraints and Impact Analysis, 2012–2020 ........ 11 3.3.1 Pricing Pressure ............................................................................................................. 12 3.3.2 Increasing Price of Raw Material ..................................................................................... 12 3.3.3 High Voltage Circuit Breakers market declined during financial crisis period ..................... 12

3.4 Global High Voltage Circuit Breakers Market, Volume (in Units), 2008-2020.............................. 13 3.5 Global High Voltage Circuit Breakers Market, Market Value Analysis ($m), 2008-2020 .............. 15 3.6 Global High Voltage Circuit Breakers Market, Market Share Analysis by Market Value (%), 201117

4 Global High Voltage Circuit Breakers Market, SWOT Analysis of Major Players, 2011 ..................... 19 4.1 Global High Voltage Circuit Breakers Market, SWOT Analysis of ABB Ltd, 2011........................ 19

4.1.1 ABB Ltd., Overview......................................................................................................... 19 4.1.2 ABB Ltd. Strengths ......................................................................................................... 19 4.1.3 ABB Ltd. Weaknesses .................................................................................................... 22 4.1.4 ABB Ltd. Opportunities.................................................................................................... 22 4.1.5 ABB Ltd. Threats ............................................................................................................ 24

4.2 Global High Voltage Circuit Breakers Market, SWOT Analysis of Siemens AG, 2011................. 25 4.2.1 Siemens AG, Company Overview ................................................................................... 25 4.2.2 Siemens AG, Business Description ................................................................................. 25 4.2.3 Siemens AG, SWOT Analysis ......................................................................................... 26

4.3 Global High Voltage Circuit Breakers Market, SWOT Analysis of Alstom Grid, 2011 .................. 30 4.3.1 Company Overview ........................................................................................................ 30 4.3.2 Alstom Grid, SWOT Analysis........................................................................................... 30

5 Global High Voltage Circuit Breakers Market, Key Countries ........................................................... 34 5.1 The US, High Voltage Circuit Breakers, Market Analysis........................................................... 34

5.1.1 The US, Country Overview.............................................................................................. 34 5.1.2 The US, Power Transmission Overview, 2008-2020......................................................... 35 5.1.3 The US, High Voltage Circuit Breakers Market, Volume, (in Units), 2008-2020 ................. 37 5.1.4 The US, High Voltage Circuit Breakers Market, Market Value Analysis, ($m), 2008-2020.. 39 5.1.5 The US, High Voltage Circuit Breakers Market, Average Price, ($’000/unit), (2008-2020) . 41 5.1.6 The US, High Voltage Circuit Breakers Market, Market Share Analysis by Market Value, (%),

2011............................................................................................................................... 43 5.2 Brazil High Voltage Circuit Breakers Market Analysis................................................................ 44

5.2.1 Brazil, Country Overview................................................................................................. 44 5.2.2 Brazil, Power Transmission Overview, 2008-2020............................................................ 45 5.2.3 Brazil, High Voltage Circuit Breakers Market, Volume, (in Units), 2008-2020..................... 47 5.2.4 Brazil, High Voltage Circuit Breakers Market, Market Value Analysis, ($m), 2008-2020..... 49 5.2.5 Brazil, High Voltage Circuit Breakers Market, Average Price, ($’000/unit), (2008-2020) ..... 51 5.2.6 Brazil, High Voltage Circuit Breakers Market, Market Share Analysis by Market Value, (%),

2011............................................................................................................................... 53 5.3 China High Voltage Circuit Breakers Market Analysis ............................................................... 54

5.3.1 China, Country Overview ................................................................................................ 54 5.3.2 China, Power Transmission Overview, 2008-2020 ........................................................... 55 5.3.3 China, High Voltage Circuit Breakers Market, Volume, (in Units), 2008-2020 .................... 57 5.3.4 China, High Voltage Circuit Breakers Market, Market Value Analysis, ($m), 2008-2020..... 59 5.3.5 China, High Voltage Circuit Breakers Market, Average Price, ($’000/unit), (2008-2020)..... 61




5.3.6 China, High Voltage Circuit Breakers Market, Market Share Analysis by Market Value, (%), 2011............................................................................................................................... 63

5.4 India, High Voltage Circuit Breakers Market, Market Analysis.................................................... 64 5.4.1 India, Country Overview.................................................................................................. 64 5.4.2 India, Power Transmission Overview, 2008-2020............................................................. 65 5.4.3 India, High Voltage Circuit Breakers Market, Volume, (in Units), 2008-2020...................... 67 5.4.4 India, High Voltage Circuit Breakers market, Market Value Analysis, ($m), 2008-2020 ...... 69 5.4.5 India, High Voltage Circuit Breakers Market, Average Price, ($’000/unit), (2006-2020) ...... 71 5.4.6 India, High Voltage Circuit Breakers Market, Market Share Analysis by Market Value, (%),

2011............................................................................................................................... 73 5.5 The UK High Voltage Circuit Breakers Market Analysis............................................................. 74

5.5.1 The UK, Country Overview.............................................................................................. 74 5.5.2 The UK, Power Transmission Overview, 2008-2020......................................................... 75 5.5.3 The UK High Voltage Circuit Breakers Market, Volume, (in Units), 2008-2020 .................. 77 5.5.4 The UK, High Voltage Circuit Breakers Market, Market Value Analysis, ($m), 2008-2020.. 79 5.5.5 The UK, High Voltage Circuit Breakers Market, Average Price, ($’000/unit), (2008-2020).. 81 5.5.6 The UK, High Voltage Circuit Breakers Market, Market Share Analysis by Market Value, (%),

2011............................................................................................................................... 83 5.6 Russia High Voltage Circuit Breakers Market Analysis.............................................................. 84

5.6.1 Russia, Country Overview............................................................................................... 84 5.6.2 Russia, Power Transmission Overview, 2008-2020.......................................................... 84 5.6.3 Russia, High Voltage Circuit Breakers Market, Volume, (in Units), 2008-2020................... 86 5.6.4 Russia, High Voltage Circuit Breakers Market, Market Value Analysis, ($m), 2008-2020 ... 88 5.6.5 Russia, High Voltage Circuit Breakers Market, Average Price, ($’000/unit), (2008-2020) ... 90 5.6.6 Russia, High Voltage Circuit Breakers Market, Market Share Analysis by Market Value, (%),

2011............................................................................................................................... 92 5.7 South Africa, High Voltage Circuit Breakers, Market Analysis.................................................... 93

5.7.1 South Africa, Country Overview....................................................................................... 93 5.7.2 South Africa, Power Transmission Overview, 2008-2020 ................................................. 94 5.7.3 South Africa, High Voltage Circuit Breakers Market, Volume, (in Units), 2008-2020 .......... 96 5.7.4 South Africa, High Voltage Circuit Breakers Market, Market Value Analysis, ($m), 2008-2020

...................................................................................................................................... 98 5.7.5 South Africa, High Voltage Circuit Breakers Market, Average Price, ($’000/unit), (2008-2020)

.................................................................................................................................... 100 5.7.6 South Africa, High Voltage Circuit Breakers Market, Market Share Analysis by Market Value,

(%), 2011 ..................................................................................................................... 102 5.8 The United Arab Emirates High Voltage Circuit Breakers Market Analysis ............................... 103

5.8.1 The UAE, Country Overview ......................................................................................... 103 5.8.2 The UAE, Power Transmission Overview, 2008-2020 .................................................... 104 5.8.3 The UAE, High Voltage Circuit Breakers Market, Volume, (in Units), 2008-2020 ............. 106 5.8.4 The UAE, High Voltage Circuit Breakers Market, Market Value Analysis, ($m), 2008-2020

.................................................................................................................................... 108 5.8.5 The UAE, High Voltage Circuit Breakers Market, Average Price, ($’000/unit), (2008-2020)

.................................................................................................................................... 110 5.8.6 The UAE, High Voltage Circuit Breakers Market, Market Share by Market Value Analysis,

(%), 2011 ..................................................................................................................... 112 6 Appendix..................................................................................................................................... 113

6.1 Abbreviations ........................................................................................................................ 113 6.2 Bibliography .......................................................................................................................... 114 6.3 Definitions............................................................................................................................. 114

6.3.1 Power........................................................................................................................... 114 6.3.2 Installed Capacity ......................................................................................................... 114 6.3.3 Electricity Generation.................................................................................................... 114 6.3.4 Net Electricity Consumption .......................................................................................... 114 6.3.5 Thermal Power Plant .................................................................................................... 114 6.3.6 Hydropower Plant ......................................................................................................... 114 6.3.7 Nuclear Power.............................................................................................................. 114 6.3.8 Renewable Energy Resources ...................................................................................... 115 6.3.9 Electricity Consumption................................................................................................. 115 6.3.10 Market Size .................................................................................................................. 115

6.4 Methodology ......................................................................................................................... 115 6.4.1 Coverage ..................................................................................................................... 115 6.4.2 Secondary Research .................................................................................................... 115 6.4.3 Primary Research......................................................................................................... 116




6.5 Contacts ............................................................................................................................... 116 6.6 Disclaimer ............................................................................................................................. 116

1.1 List of Tables Table 1: High Voltage Circuit Breakers Market, Global Drivers and Impact Analysis, 2012–2020 ........ 10 Table 2: High Voltage Circuit Breakers Market, Global Restraints and Impact Analysis, 2012–2020.... 11 Table 3: High Voltage Circuit Breakers Market, Global, Volume (in Units), 2008-2020 ........................ 14 Table 4: High Voltage Circuit Breakers Market, Global, Market Value ($m), 2008-2020 ...................... 16 Table 5: Global, High Voltage Circuit Breakers Market, Market Share (%) by Market Value, 2011....... 18 Table 6: ABB Ltd. , SWOT Analysis .................................................................................................. 19 Table 7: Siemens AG, SWOT Analysis ............................................................................................. 26 Table 8: Alstom Grid, SWOT Analysis............................................................................................... 30 Table 9: The US, Transmission Line Length (Ckm), 2008-2020 ......................................................... 36 Table 10: High Voltage Circuit Breakers Market, The US, Volume (in Units), 2008-2020....................... 38 Table 11: High Voltage Circuit Breakers Market, The US, Market Value ($m), 2008-2020..................... 40 Table 12: High Voltage Circuit Breakers Market, The US, Average Price ($’000/unit), 2008-2020 ......... 42 Table 13: High Voltage Circuit Breakers Market, The US, Market Share (%) by Market Value, 2011 ..... 44 Table 14: Brazil, Transmission Line Length (Ckm), 2008-2020 ............................................................ 46 Table 15: High Voltage Circuit Breakers Market, Brazil, Volume (in Units), 2008-2020.......................... 48 Table 16: High Voltage Circuit Breakers Market, Brazil, Market Value ($m), 2008-2020........................ 50 Table 17: High Voltage Circuit Breakers Market, Brazil, Average Price ($’000/unit), 2008-2020 ............ 52 Table 18: High Voltage Circuit Breakers Market, Brazil, Market Share (%)by Market Value, 2011 ......... 54 Table 19: China, Transmission Line Length (Ckm), 2008-2020............................................................ 56 Table 20: High Voltage Circuit Breakers Market, China, Volume (in Units), 2008-2020 ......................... 58 Table 21: High Voltage Circuit Breakers Market, China, Market Value ($m), 2008-2020 ....................... 60 Table 22: High Voltage Circuit Breakers Market, China, Average Price ($’000/unit), 2008-2020............ 62 Table 23: High Voltage Circuit Breakers Market, China, Market Share (%) by Market Value, 2011........ 63 Table 24: India, Transmission Line Length (Ckm), 2008-2020.............................................................. 66 Table 25: High Voltage Circuit Breakers Market, India, Volume (in Units), 2008-2020........................... 68 Table 26: High Voltage Circuit Breakers Market, India, Market Value ($m), 2008-2020......................... 70 Table 27: High Voltage Circuit Breakers Market, India, Average Price ($’000/unit), 2008-2020 ............. 72 Table 28: High Voltage Circuit Breakers Market, India, Market Share (%) by Market Value, 2011 ......... 73 Table 29: The UK, Transmission Line Length (Ckm), 2008-2020 ......................................................... 76 Table 30: High Voltage Circuit Breakers Market, The UK, Volume (in Units), 2008-2020....................... 78 Table 31: High Voltage Circuit Breakers Market, The UK, Market Value ($m), 2008-2020..................... 80 Table 32: High Voltage Circuit Breakers Market, The UK, Average Price ($’000/unit), 2008-2020 ......... 82 Table 33: High Voltage Circuit Breakers Market, the UK, Market Share (%)by Market Value, 2011 ....... 83 Table 34: Russia, Transmission Line Length (Ckm), 2008-2020........................................................... 85 Table 35: High Voltage Circuit Breakers Market, Russia, Volume (in Units), 2008-2020........................ 87 Table 36: High Voltage Circuit Breakers Market, Russia, Market Value ($m), 2008-2020...................... 89 Table 37: High Voltage Circuit Breakers Market, Russia, Average Price ($’000/unit), 2008-2020 .......... 91 Table 38: High Voltage Circuit Breakers Market, Russia, Market Share (%) by Market Value, 2011 ...... 93 Table 39: South Africa, Transmission Line Length (Ckm), 2008-2020 .................................................. 95 Table 40: High Voltage Circuit Breakers Market, South Africa, Volume (in Units), 2008-2020................ 97 Table 41: High Voltage Circuit Breakers Market, South Africa, Market Value ($m), 2008-2020.............. 99 Table 42: High Voltage Circuit Breakers Market, South Africa, Average Price ($’000/unit), 2008-2020 101 Table 43: High Voltage Circuit Breakers Market, South Africa, Market Share (%) by Market Value, 2011

........................................................................................................................................ 102 Table 44: The UAE, Transmission Line Length (Ckm), 2008-2020 ..................................................... 105 Table 45: High Voltage Circuit Breakers Market, the UAE, Volume (in Units), 2008-2020 ................... 107 Table 46: High Voltage Circuit Breakers Market, the UAE, Market Value ($m), 2008-2020 ................. 109 Table 47: High Voltage Circuit Breakers Market, the UAE, Average Price ($’000/unit), 2008-2020 ...... 111 Table 48: High Voltage Circuit Breakers Market, the UAE, Market Share (%)by Market Value, 2011... 112 Table 49: Abbreviations.................................................................................................................... 113




1.2 List of Figures Figure 1: High Voltage Circuit Breakers Market, Global, Volume (in Units), 2008-2020 ........................ 13 Figure 2: High Voltage Circuit Breakers Market, Global, Market Value ($m), 2008-2020 ...................... 15 Figure 3: High Voltage Circuit Breakers Market, Global, Market Share (%) by Market Value, 2011....... 17 Figure 4: The US, Transmission Line Length (Ckm), 2008-2020 ......................................................... 35 Figure 5: High Voltage Circuit Breakers Market, The US, Volume (in Units), 2008-2020....................... 37 Figure 6: High Voltage Circuit Breakers Market, The US, Market Value ($m), 2008-2020..................... 39 Figure 7: High Voltage Circuit Breakers Market, The US, Average Price ($’000/unit), 2008-2020 ......... 41 Figure 8: High Voltage Circuit Breakers Market, The US, Market Share (%) by Market Value, 2011 ..... 43 Figure 9: Brazil, Transmission Line Length (Ckm), 2008-2020 ............................................................ 46 Figure 10: High Voltage Circuit Breakers Market, Brazil, Volume (in Units), 2008-2020.......................... 47 Figure 11: High Voltage Circuit Breakers Market, Brazil, Market Value ($m), 2008-2020........................ 49 Figure 12: High Voltage Circuit Breakers Market, Brazil, Average Price ($’000/unit), 2008-2020 ............ 51 Figure 13: High Voltage Circuit Breakers Market, Brazil, Market Share by Market Value (%), 2011 ........ 53 Figure 14: China, Transmission Line Length (Ckm), 2008-2020............................................................ 55 Figure 15: High Voltage Circuit Breakers Market, China, Volume (in Units), 2008-2020 ......................... 57 Figure 16: High Voltage Circuit Breakers Market, China, Market Value ($m), 2008-2020 ....................... 59 Figure 17: High Voltage Circuit Breakers Market, China, Average Price ($’000/unit), 2008-2020............ 61 Figure 18: High Voltage Circuit Breakers Market, China, Market Share (%) by Market Value, 2011........ 63 Figure 19: India, Transmission Line Length (Ckm), 2008-2020.............................................................. 66 Figure 20: High Voltage Circuit Breakers Market, India, Volume (in Units), 2008-2020........................... 67 Figure 21: High Voltage Circuit Breakers Market, India, Market Value ($m), 2008-2020......................... 69 Figure 22: High Voltage Circuit Breakers Market, India, Average Price $’000/Unit, 2008-2020 ............... 71 Figure 23: High Voltage Circuit Breakers Market, India, Market Share (%) by Market Value, 2011 ......... 73 Figure 24: The UK, Transmission Line Length (Ckm), 2008-2020 ......................................................... 75 Figure 25: High Voltage Circuit Breakers Market, The UK, Volume (in Units), 2008-2020....................... 77 Figure 26: High Voltage Circuit Breakers Market, The UK, Market Value ($m), 2008-2020..................... 79 Figure 27: High Voltage Circuit Breakers Market, The UK, Average Price ($’000/unit), 2008-2020 ......... 81 Figure 28: High Voltage Circuit Breakers Market, the UK, Market Share (%) by Market Value, 2011 ...... 83 Figure 29: Russia, Transmission Line Length (Ckm), 2008-2020........................................................... 85 Figure 30: High Voltage Circuit Breakers Market, Russia, Volume (in Units), 2008-2020........................ 86 Figure 31: High Voltage Circuit Breakers Market, Russia, Market Value ($m), 2008-2020...................... 88 Figure 32: High Voltage Circuit Breakers Market, Russia, Average Price ($’000/unit), 2008-2020 .......... 90 Figure 33: High Voltage Circuit Breakers Market, Russia, Market Share (%) by Market Value, 2011 ...... 92 Figure 34: South Africa, Transmission Line Length (Ckm), 2008-2020 .................................................. 94 Figure 35: High Voltage Circuit Breakers Market, South Africa, Volume (in Units), 2008-2020................ 96 Figure 36: High Voltage Circuit Breakers Market, South Africa, Market Value ($m), 2008-2020.............. 98 Figure 37: High Voltage Circuit Breakers Market, South Africa, Average Price ($’000/unit), 2008-2020 100 Figure 38: High Voltage Circuit Breakers Market, South Africa, Market Share (%) by Market Value, 2011

........................................................................................................................................ 102 Figure 39: The UAE, Transmission Line Length (Ckm), 2008-2020 ..................................................... 104 Figure 40: High Voltage Circuit Breakers Market, the UAE, Volume (in Units), 2008-2020 ................... 106 Figure 41: High Voltage Circuit Breakers Market, the UAE, Market Value ($m), 2008-2020 ................. 108 Figure 42: High Voltage Circuit Breakers Market, the UAE, Average Price ($’000/unit), 2008-2020 ...... 110 Figure 43: High Voltage Circuit Breakers Market, the UAE, Market Share (%) by Market Value, 2011.. 112




2 Introduction

2.1 High Voltage Circuit Breakers, Overview A Circuit Breaker (CB) is an automatically operated electrical switching device which can open or close an electrical circuit in a small fraction of time. It protects an electrical circuit in the event of an overload or short circuit by discontinuing the electrical flow during faulty conditions. In general, CBs consist of movable contacts for discontinuing the electrical flow. Whenever a fault is detected, these movable contacts start to separate, thereby reducing the contact area. This reduction in contact area leads to larger current density, which causes vaporization of the contact metal and the formation of an arc. The established arc acts as a connecting medium after the physical separations of the switching contacts. However, the flow of current is interrupted when the interrupting medium changes arc plasma into an isolating medium. Electrode vapor is the main source of charged particles in arc phenomena. However, the degree of ionization of the arc column depends on the characteristics of its surrounding medium, as the contact separation increases. (Iturregi, Torres, Zamora, O. Abarrategui, 2009)

The ever-growing demand for an electric power grid system to feed electricity with reliability and safety is pushing the demand for better switching devices worldwide. In transmission network systems, the High Voltage Circuit Breaker (HVCB) is used within substations for protection against faults. The definition of high voltage level varies generally but most countries such as the US, the UK, Russia, China and India consider a transmission system voltage of 110KV and above as high voltage levels.

HVCB are mainly used by utilities and large industries to control the electric power supplied to various equipments such as transformers, motors and capacitors or to other distribution feeders. The design and functioning of HVCB is complex due to its usage in substations at higher end voltages. Generally, high-voltage CBs are solenoid operated, with current sensing protective relays operated through current transformers. The main function of HVCB is to protect the electrical circuit in a substation against overloads or ground/earth faults.

2.2 High Voltage Circuit Breakers, Product Description Circuit breakers can be classified in many ways depending upon voltage class, construction type, interrupting medium type and structural features. HVCB is an example of the differentiation of circuit breakers on the basis of voltage class. Depending upon the quenching medium and method used for the interruption of current, HVCB are differentiated as:

Air Magnetic Circuit Breakers

Air Blast Circuit Breakers

Oil Circuit Breakers

Sulfurhexaflouride (SF6) Circuit Breakers

Vacuum Circuit Breakers

Oil Circuit Breakers were the first to be used at high voltages due to their ability to interrupt large currents. In oil CBs, the current interruption process involves the decomposition of oil into hydrogen and acetylene gas bubble. However, oil CBs are associated with issues of flammability and high maintenance cost. These drawbacks lead to the development of Air Blast and Air Magnetic circuit breakers. But they were not successful in the market due to their bulky and cumbersome designs.

SF6 and Vacuum CBs, the new generation of circuit breakers, are currently being widely used for high voltage applications. They are replacing oil and air CBs for high voltage applications although many CBs from the first generation, with oil and air as quenching medium, are still working.

The main advantage of SF6 CBs stems from the use of a superior quenching medium (Sulfurhexaflouride gas) which has higher dielectric strength or thermal conductivity. However, it also has some limitations and disadvantages. The SF6 gas used in CBs has been labeled as one of the major global warming gases after the XXXX session of Conference of the Parties to the United Nations Framework Convention on Climate Change held on 1 December 1997. (U.S. EPA, 2011)




Vacuum CBs have emerged as an alternative against SF6 CBs due to their environmental friendliness. Vacuum CBs are simple in construction with a small number of components, thus providing benefits of compact size, light weight and the ease of maintenance and inspection. However, Vacuum CBs are not as cost competitive as SF6 CBs. Therefore, SF6 CBs are predominantly gaining importance.

2.3 Scope of the Report The scope of the report includes an in-depth analysis of the key global HVCB markets. It also consists of the HVCB markets for eight countries- the US, Brazil, China, India, the UK, Russia, South Africa and United Arab Emirates. It provides data and analysis related to the units sold, market value market share and average price of HVCB in each of these countries. In the study of the global HVCB market, the market is estimated for AC transmission systems at 110KV and above.

2.4 GlobalData Report Guidance This report begins with an executive summary capturing the key growth trends in the market for high

voltage circuit breaker (HVCB) equipment to be used in AC transmission system.

The second chapter is the introduction and provides the product description of HVCB.

The third chapter provides SWOT analysis of the key global players in the HVCB market.

The fourth chapter discusses the global market for HVCB in terms of units sold, market value and market share. It also discusses the key drivers and restraints impacting the market.

The fifth chapter provides an in-depth analysis of the key global HVCB markets. It includes the HVCB market for eight countries- the US, Brazil, China, India, the UK, Russia, South Africa and United Arab Emirates. It provides data and analysis related to the units sold, market value market share and average price of HVCB in each of these countries.




3.5 Global High Voltage Circuit Breakers Market, Market Value Analysis ($m), 2008-2020

Apart from in 2008, the global HVCB market, in terms of market value, has experienced steady growth during the period 2008-2011. During this period, the HVCB market realized a total sales value of over $XXm across the globe. In 2008, the value of HVCB sold was $XXm. This figure decreased to $XXm in the year 2009. From then on, an upward trend was observed through 2010 and 2011. 2010 and 2011 witnessed a total sale of $XXm and $XXm respectively. In 2011, the Chinese and Russian contribution to the total global HVCB market value was XX% and XX% respectively.

The high market value in 2008 can be attributed to the demand of HVCB across many countries, which was as high as XX units. The high sales during 2008-2011 period can be attributed mainly to new builds, due to expansion of the transmission network in the countries.

However, given the steady growth of transmission line market during the forecast period 2012-2020, the HVCB market is estimated to grow at an average annual growth rate of XX%. The HVCB market is expected to realize a total sales value of $XXm during the forecast period 2012-2020. In this period, again the global HVCB market is expected to be guided by the expansion of the transmission network in the countries.

The chart below represents the global HVCB market value, during the period 2008-2020.

Figure 2: High Voltage Circuit Breakers Market, Global, Market Value ($m), 2008-2020

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Mar

ket V

alue

($m

)





The table below represents the global HVCB market value, during the period 2008-2020.

Table 4: High Voltage Circuit Breakers Market, Global, Market Value ($m), 2008-2020

Year Market Value ($m)

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020 Source: GlobalData, Power eTrack, Equipment Database




3.6 Global High Voltage Circuit Breakers Market, Market Share Analysis by Market Value (%), 2011

The major players in HVCB market are companies with both global presence and domestic presence. The companies with global presence are Siemens, Alstom Grid and ABB. The two major factors which benefited their dominance are prior experience and technological expertise in the field. The companies with domestic presence are Xi'an XD Switchgear Electric Co., Henan Pinggao Toshiba High Voltage Switchgear Co., Ltd, Energomash Corporation, JSC Power Mechanical Plant and Electroapparant PLC. These players are mainly from China and Russia. The market share of these players is expected to increase due to the emergence of markets in their respective countries.

The chart below represents the market shares of the companies by market value in the global HVCB market in the year 2011.

Figure 3: High Voltage Circuit Breakers Market, Global, Market Share (%) by Market Value, 2011

ABB

Energomash Corporation

Siemens

JSC Power Mechanical Plant

Electroapparant PLC

Alstom Grid

Henan Pinggao Toshiba High Voltage Switchgear Co., Ltd

L&T

MHI

Others

Xi'an XD switchgear electric Co., Ltd.





The table below represents the market shares of the companies by market value in the global HVCB market in the year 2011.

Table 5: Global, High Voltage Circuit Breakers Market, Market Share (%) by Market Value, 2011

Company Market Share (%)


ABB

Energomash Corporation

Siemens

JSC Power Mechanical Plant

Electroapparant PLC

Alstom Grid


L&T

MHI

Others Source: GlobalData, Power eTrack, Equipment Database

High Voltage Circuit Breakers (HVCB) for AC Transmission Systems - Global Market Size, Pricing Analysis, Market Share and Competitive Landscape Analysis to 2020

GDPE1040MAR / Published MAY 2012 Page 34

© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form

5 Global High Voltage Circuit Breakers Market, Key Countries

5.1 The US, High Voltage Circuit Breakers, Market Analysis

5.1.1 The US, Country Overview

Electricity consumption in the US is higher than in any other country. It consumes almost a quarter of the

total global energy, mainly due to its high per capita consumption by the residential and industrial sectors.

Total electricity consumption in the US was estimated to be xx GWh in 2011, growing at a CAGR of xx%

from 2000 to 2011. During the period 2012-2020, the total electricity consumption is expected to grow at a

CAGR of xx%, to reach xxGWh in 2020. This growth can be attributed to increasing consumption from the

industrial and transport sectors. The increasing focus on energy efficiency is likely to have a moderating

effect on the growth of electricity consumption.




5.1.2 The US, Power Transmission Overview, 2008-2020

Figure 4: The US, Transmission Line Length (Ckm), 2008-2020

Source: GlobalData, Power eTrack, T&D Database




The table below represents the transmission line length in the US during the period 2008-2020.

Table 9: The US, Transmission Line Length (Ckm), 2008-2020

Year Transmission Line Length (Ckm)

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020





5.1.6 The US, High Voltage Circuit Breakers Market, Market Share Analysis by Market Value, (%), 2011

Figure 8: High Voltage Circuit Breakers Market, The US, Market Share (%) by Market Value, 2011


The table below represents the market shares of the companies by market value in the HVCB market in

the US for the year 2011.

Table 13: High Voltage Circuit Breakers Market, The US, Market Share (%) by Market Value, 2011


ABB Ltd.

Siemens AG

Alstom Grid

Mitsubishi Electric Corporation

Others





5.2.3 Brazil, High Voltage Circuit Breakers Market, Volume, (in Units), 2008-2020

The chart below represents the HVCB market volume in Brazil during the period 2008-2020.

Figure 10: High Voltage Circuit Breakers Market, Brazil, Volume (in Units), 2008-2020





The table below represents the HVCB market volume in Brazil during the period 2008-2020.

Table 15: High Voltage Circuit Breakers Market, Brazil, Volume (in Units), 2008-2020

Year Volume (In Units)

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020





5.2.6 Brazil, High Voltage Circuit Breakers Market, Market Share Analysis by Market Value, (%), 2011

Figure 13: High Voltage Circuit Breakers Market, Brazil, Market Share by Market Value (%), 2011






Brazil for the year 2011.

Table 18: High Voltage Circuit Breakers Market, Brazil, Market Share (%)by Market Value, 2011


Siemens

ABB

Alstom

Others


5.3 China High Voltage Circuit Breakers Market Analysis

5.3.1 China, Country Overview

China is one of the most promising Asia- Pacific markets and this holds true for its power generation and

transmission equipment market as well. Historically, the country has averaged a growth rate of xx% and

all the industries have been booming in the country. There is a large amount of investment from both the

private and public sector in the country. The country‟s rapid industrialization and a growing demand for

power have been the key factors which contribute to the sale of HVCB.

The cumulative installed capacity for power in China was xxMW in 2011. Thermal sources such as coal,

oil and gas – contributes highest xx% in the total installed capacity followed by hydro with xx%. Nuclear

power and renewable energy sources, including solar, wind, geothermal and biomass, contributed xx %

and xx% respectively. The total installed capacity of the country was xxMW in 2000. This increased to xx

MW in 2011, at a CAGR of xx%.

It is expected that in the forecast period 2012-2030, the installed capacity of the country will grow at a

CAGR of xx%. Out of the total installed capacity, hydro and nuclear is expected to grow at a CAGR of

xx% and xx% respectively. This is mainly because the government is looking at nuclear and renewable

power as a good option to diversify its power mix away from thermal resources.




5.3.2 China, Power Transmission Overview, 2008-2020

The chart below represents the transmission line length in China during the period 2008-2020.

Figure 14: China, Transmission Line Length (Ckm), 2008-2020





The table below represents the transmission line length in China during the period 2008-2020.

Table 19: China, Transmission Line Length (Ckm), 2008-2020

Year Transmission Line Length (Ckm)

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020





5.3.6 China, High Voltage Circuit Breakers Market, Market Share Analysis by Market Value, (%), 2011

The chart below represents the market shares of the companies by market value in the HVCB market in

China for the year 2011.

Figure 18: High Voltage Circuit Breakers Market, China, Market Share (%) by Market Value, 2011



China for the year 2011.

Table 23: High Voltage Circuit Breakers Market, China, Market Share (%) by Market Value, 2011




ABB

Siemens

Others





5.4.6 India, High Voltage Circuit Breakers Market, Market Share Analysis by Market Value, (%), 2011

The chart below represents the market shares of the companies by market value in the HVCB market in

India for the year 2011.

Figure 23: High Voltage Circuit Breakers Market, India, Market Share (%) by Market Value, 2011



India for the year 2011.

Table 28: High Voltage Circuit Breakers Market, India, Market Share (%) by Market Value, 2011

Year Market Shares (%)

Areva

Siemens

ABB

BHEL

CGL





6 Appendix

6.1 Abbreviations

Table 49: Abbreviations Abbreviations Full Form

AC Alternating Current

ADWEA Abu Dhabi Water and Electricity Authori

ANEEL Agencia Nacional de Energia Eletrica

ARRA American Recovery and Reinvestment Act

BEE Black Economic Empowerment

CAGR Compound Annual Growth Rate

Ckm Circuit kilometres

DEWA Dubai Electricity and Water Authority

EC European Commission

EFYP Eleventh five year plan

ECRA Electricity Services Regulatory Authority

EHV Extra high voltage

EPC Engineering, Procurement & Construction

EPRI The Electric Power Research Institute

ERCOT Electric Reliability Council of Texas

EPE Empresa de PesquisaEnergetica

EU European Union

FACTS flexible alternating current transmission systems

FERC Federal Energy Regulatory Commission

FEWA Federal Electricity & Water Authority

Ofgem Gas and Electricity Markets Authority

IPP Independent power producers

NDRC National Development and Reform Commission

NERC North American Electric Reliability Council

NERSA National Energy Regulator of South Africa

SEWA Sharjah Electricity & Water Authority

RPS Renewable portfolio standards

SF6 Sulfurhexaflouride gas

SEBs State electricity boards

SGCC State Grid Corporation of China

T&D Transmission and distribution

TSOs Transmission system operators

EU European Union

HVCB High Voltage Circuit Breakers

FGC UES Federal Grid Company of Unified Energy System

TFYP Twelfth five year plan

UHV Ultra High Voltage

Source: GlobalData




6.2 Bibliography CRS, (2009), Electric Power Transmission: Background and Policy Issues. Available from:

http://fpc.state.gov/documents/organization/122949.pdf [Accessed on Jan 11, 2011].

EPE, (2011) via Business News Americas, New transmission expansion plan in line with expectations- Brazil. Available from: http://www.bnamericas.com/news/electricpower/new-transmission-expansion-plan-in-line-with-expectations-specialist [Accessed on Jan 12, 2011].

EU-GCC, (2011), Electricity Interconnection and Market Integration in the GCC: Available from Challenges and Opportunities, EU-GCC Clean Energy Network Discussion Groups’ Meeting 24-25 November, 2011, Athens, Greece. [Accessed on Jan 15, 2011].

ICGI, (2008). Final report on the Indian Capital Goods Industry. Available from: http://dhi.nic.in/indian_capital_goods_industry.pdf [Accessed on Jan 5, 2011].

Iturregi, Torres, Zamora, O. Abarrategui (2009). High Voltage Circuit Breakers SF6 Vs Vacuum. Available from: http://www.icrepq.com/ICREPQ%2709/458-iturregi.pdf [Accessed on Jan 09, 2011].

US Dept. of Energy, (2008), 20% Wind Energy by 2030 (2008). Available from: http://www.nrel.gov/docs/fy08osti/41869.pdf [Accessed on Jan 04, 2011].

US EPA, (2011), SF6 Leak Rates from High Voltage Circuit Breakers - Investigates Potential Greenhouse Gas Emissions Source. Available from: http://www.epa.gov/electricpowersf6/documents/leakrates_circuitbreakers.pdf [Accessed on Jan 12, 2011].

6.3 Definitions 6.3.1 Power According to "Energy Information Administration", power is defined as the rate of producing, transferring, or using energy, most commonly associated with electricity. Power is measured in watts and often expressed in kilowatts (kW) or megawatts (MW). It is also known as "real" or "active" power.

6.3.2 Installed Capacity According to "Energy Information Administration", installed capacity is defined as the amount of electric power delivered or required for which a generator, turbine, transformer, transmission circuit, station, or system is rated by the manufacturer.

6.3.3 Electricity Generation According to "Energy Information Administration" electricity generation is defined as the process of producing electric energy by transforming other forms of energy; also, the amount of electric energy produced, expressed Gigawatt hours (GWh).

6.3.4 Net Electricity Consumption Consumption of electricity calculated as generation, plus imports, minus exports, minus transmission and distribution losses, measured in Gigawatt-hours (GWh).

6.3.5 Thermal Power Plant A plant in which turbine generators are driven by burning fossil fuels.

6.3.6 Hydropower Plant According to “Energy Information Administration” hydropower plant is defined as a plant in which the turbine generators are driven by falling water.

6.3.7 Nuclear Power Nuclear power is defined as the electricity generated by the use of the thermal energy released from the fission of nuclear fuel in a reactor.




6.3.8 Renewable Energy Resources According to "Energy Information Administration", renewable energy resources are naturally replenishing but flow-limited energy resources. They are virtually inexhaustible in duration but limited in the amount of energy that is available per unit of time. Renewable energy resources include: biomass, biogas, solar, and wind.

6.3.9 Electricity Consumption Electricity consumption is a sum of electricity generated, plus imports, minus exports, minus transmission and distribution losses, measured in Gigawatt-hours (GWh).

6.3.10 Market Size The revenue generated from the High Voltage Circuit Breakers sold in that particular period.

6.4 Methodology GlobalData dedicated research and analysis teams consist of experienced professionals with a pedigree in marketing, market research, consulting backgrounds in the energy industry and advanced statistical expertise.

GlobalData adheres to the Codes of Practice of the Market Research Society (www.mrs.org.uk) and the trategic and Competitive Intelligence Professionals (www.scip.org).

All GlobalData’s databases are continuously updated and revised.

6.4.1 Coverage

The objective of updating GlobalData coverage is to ensure that it represents the most up-to-date vision of the industry possible.

Changes in the industry taxonomy are built on the basis of extensive research of the company, association and competitor sources.

The estimated revenues of all major companies, including private and governmental, are gathered and used to prioritize coverage.

Companies which are making the news, or which are of particular interest due to their innovative approach are prioritized.

GlobalData aims to cover all major news events and deals in the power industry, updated on a daily basis.

6.4.2 Secondary Research The research process begins with exhaustive secondary research on internal and external sources to produce qualitative and quantitative information relating to each market.

The secondary research sources that are typically referred to include, but are not limited to:

Company websites, annual reports, financial reports, broker reports, investor presentations and SEC Filings

Industry trade journals and other literature

Internal and external proprietary databases

National government documents, statistical databases and market reports

News articles, press releases and web-casts specific to the companies operating in the market




6.4.3 Primary Research GlobalData conducts a number of primary interviews a year with industry participants and commentators in order to validate its data and analysis. A typical research interview fulfills the following functions:

It provides first-hand information on the market size, market trends, growth trends, competitive landscape and future outlook.

Helps in validating and strengthening the secondary research findings.

Further develops the analysis team’s expertise and market understanding.

Primary research involves e-mail correspondence and telephone interviews for each market, category, segment and sub-segment across geographies.

The participants who typically take part in such a process include, but are not limited to:

Industry participants: CEOs, VPs, business development managers, market intelligence managers and national sales managers

Outside experts: investment bankers, valuation experts, research analysts and key opinion leaders specializing in power industry

6.6 Disclaimer All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher, GlobalData.

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