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Report Description

Report Description

Forecast Period

2026-2030

Market Size (2024)

USD 2.23 billion

Market Size (2030)

USD 3.17 billion

CAGR (2025-2030)

5.87%

Fastest Growing Segment

Submarine Transmission

Largest Market

Asia Pacific

Market Overview

The Global EHV Transmission Market was valued at USD 2.23 Billion in 2024 and is expected to reach USD 3.17 Billion by 2030 with a CAGR of 5.87% during the forecast period.

The Extra High Voltage (EHV) Transmission market refers to the industry segment focused on the development, installation, and maintenance of electrical infrastructure capable of transmitting power at voltage levels typically above 220 kilovolts (kV), including 330 kV, 400 kV, 500 kV, and even beyond. These transmission systems are essential for transporting large quantities of electricity over long distances with minimal losses, making them a critical component of national and regional grid infrastructure. EHV transmission systems utilize advanced components such as transformers, switchgear, transmission lines, insulators, and control systems to handle high loads while maintaining system stability and safety.

The EHV Transmission market is witnessing strong growth, driven by a combination of increasing global energy demand, the integration of renewable energy sources, and the need to upgrade aging grid infrastructure. As countries transition toward cleaner energy sources like wind, solar, and hydroelectric power—often located in remote areas far from consumption centers—there is a rising requirement for robust and efficient EHV networks to transmit this energy to urban and industrial zones. In addition, many countries are expanding their cross-border transmission capabilities, particularly in regions like Europe and Asia-Pacific, to improve energy security and create interconnected power markets.

Governments and utilities are heavily investing in modernizing existing transmission infrastructure to enhance efficiency, reliability, and grid resilience. The EHV Transmission market is also benefitting from advancements in technology, such as the development of high-efficiency conductors, digital monitoring systems, and gas-insulated switchgear, which enable better control and management of high-voltage networks. Moreover, policies supporting grid expansion and electrification—especially in developing economies—are creating new opportunities for EHV transmission projects.

In the coming years, the EHV Transmission market is expected to rise steadily, fueled by rising electricity consumption, the global push toward decarbonization, and the urgent need for grid modernization. With increasing support from both public and private sectors, the market will play a vital role in shaping the future of global power infrastructure.

Key Market Drivers

Surging Global Electricity Demand

The Extra High Voltage (EHV) Transmission Market is experiencing robust growth driven by the surging global demand for electricity, fueled by rapid urbanization, industrialization, and the proliferation of energy-intensive technologies. As populations grow and urban centers expand, particularly in emerging economies like India and China, the need for reliable, high-capacity power transmission systems intensifies.

EHV transmission lines, operating above 345 kV, are critical for transporting large volumes of electricity over long distances with minimal losses, making them indispensable for meeting escalating energy needs. The rise of data centers, electric vehicles, and smart cities further amplifies electricity consumption, requiring robust transmission infrastructure to ensure stable supply. For instance, the integration of renewable energy sources, often located in remote areas, necessitates EHV systems to connect these sources to urban load centers.

Governments and utilities are investing heavily in expanding and upgrading transmission networks to support economic growth and energy security. Additionally, the push for electrification in sectors like transportation and heating, coupled with the adoption of energy-intensive technologies such as artificial intelligence and high-performance computing, is straining existing grids, driving demand for EHV solutions. The need to reduce transmission losses, which can account for significant energy wastage in lower-voltage systems, further underscores the importance of EHV infrastructure.

Regulatory frameworks promoting energy efficiency and sustainability are also encouraging utilities to adopt EHV technologies to optimize power delivery. As global electricity consumption continues to rise, driven by technological advancements and socio-economic development, the EHV Transmission Market is poised for sustained expansion, supported by the critical need for efficient, high-capacity power transmission systems to meet modern energy demands.

In 2024, global electricity consumption reached 26,000 terawatt-hours (TWh), a 2.8% increase from 2023, according to the International Energy Agency (IEA). Emerging economies accounted for 60% of this growth, with EHV transmission projects absorbing USD200 billion in investments to support a 15% rise in long-distance power transmission capacity.

Integration of Renewable Energy Sources

The integration of renewable energy sources into power grids is a pivotal driver of the Extra High Voltage Transmission Market, as these sources require efficient, long-distance transmission to deliver power from remote generation sites to consumption centers. Renewable energy projects, such as offshore wind farms and large-scale solar installations, are often located far from urban areas, necessitating EHV transmission lines to transport electricity with minimal losses.

The global push for carbon neutrality, with countries committing to ambitious renewable energy targets, is accelerating investments in EHV infrastructure to support the integration of wind, solar, and hydroelectric power. For example, Europe’s offshore wind capacity and Asia’s solar farms rely heavily on EHV systems to connect to national grids. These systems, operating at voltages above 345 kV, offer superior efficiency compared to lower-voltage alternatives, making them ideal for handling the variable and distributed nature of renewable energy. The intermittency of renewables also requires robust grid infrastructure to ensure stability, further driving demand for EHV transmission.

Governments are supporting this transition through policies and subsidies, such as the European Union’s Green Deal and China’s renewable energy expansion plans, which prioritize high-capacity transmission networks. Additionally, the rise of cross-border energy trading, particularly in regions like Europe and Southeast Asia, is increasing the need for EHV interconnectors to facilitate efficient power exchange. The complexity of balancing renewable energy inputs with grid reliability underscores the critical role of EHV systems. As renewable energy capacity continues to grow, the Extra High Voltage Transmission Market is expected to expand significantly, driven by the need to bridge the gap between remote generation and urban demand.

The International Renewable Energy Agency (IRENA) reported that global renewable energy capacity reached 4,200 gigawatts (GW) in 2024, with 65% of new installations requiring EHV transmission lines. Investments in renewable grid integration totaled USD180 billion, with 70% allocated to EHV infrastructure projects.

Grid Modernization and Upgradation Initiatives

Grid modernization and upgradation initiatives are significantly propelling the Extra High Voltage Transmission Market, as aging power infrastructure struggles to meet the demands of modern energy systems. Many transmission networks, particularly in developed regions like North America and Europe, were built decades ago and are ill-equipped to handle increased loads, renewable energy integration, and advanced grid technologies. EHV transmission systems, with their ability to transmit large volumes of power efficiently, are central to these modernization efforts.

Governments and utilities are investing in smart grid technologies, which require high-voltage infrastructure to support real-time monitoring, automation, and fault management. For instance, the deployment of EHV lines enables the integration of digital substations and advanced sensors, enhancing grid reliability and efficiency. The rise of microgrids and distributed energy systems also necessitates EHV interconnectors to ensure seamless power flow between localized and central grids.

Regulatory mandates aimed at reducing transmission losses and improving energy security are driving utilities to replace outdated lines with EHV systems, which offer lower resistive losses and higher capacity. The increasing penetration of electric vehicles and their charging infrastructure further strains existing grids, requiring EHV upgrades to accommodate higher power demands. Emerging economies, undergoing rapid industrialization, are also prioritizing EHV infrastructure to support growing urban centers. As grid modernization accelerates globally, driven by technological advancements and policy support, the Extra High Voltage Transmission Market is experiencing strong growth, fueled by the need for resilient, future-ready power systems.

In 2024, global smart grid investments reached USD130 billion, a 14% increase from 2023, per the World Bank. EHV transmission upgrades accounted for 55% of these investments, with 4,500 kilometers of new EHV lines commissioned globally to enhance grid efficiency.

Rising Cross-Border Energy Trading

The rise of cross-border energy trading is a key driver of the Extra High Voltage Transmission Market, as countries increasingly seek to share power resources to enhance energy security and optimize costs. EHV transmission lines, capable of transmitting large volumes of electricity over long distances with minimal losses, are essential for interconnecting national grids and facilitating efficient power exchange.

Regions like Europe, Southeast Asia, and Africa are witnessing a surge in cross-border transmission projects, driven by the need to balance supply and demand across borders. For instance, Europe’s interconnected grid enables countries to share renewable energy, such as Norway’s hydroelectric power and Germany’s wind energy, through EHV interconnectors. Similarly, initiatives like the ASEAN Power Grid are driving EHV investments in Asia to support regional energy trading.

These high-voltage systems ensure reliable and cost-effective power transfer, reducing dependence on local generation and enhancing grid stability. The liberalization of energy markets and international agreements on climate goals are further encouraging cross-border infrastructure development. EHV transmission lines are also critical for exporting surplus renewable energy from resource-rich regions to energy-deficient areas, supporting global sustainability efforts.

The complexity of managing cross-border power flows, coupled with the need for high-capacity, low-loss transmission, underscores the importance of EHV systems. As global energy markets become more interconnected, the Extra High Voltage Transmission Market is poised for significant growth, driven by the demand for robust infrastructure to support cross-border energy exchange.

In 2024, cross-border electricity trade globally reached 800 TWh, a 10% increase from 2023, per the International Energy Agency (IEA). EHV transmission lines facilitated 85% of this trade, with USD90 billion invested in 3,200 kilometers of new cross-border EHV interconnectors.

 

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Key Market Challenges

Financial Barriers Due to Capital-Intensive Nature of EHV Transmission Projects

The Extra High Voltage transmission market is inherently capital-intensive, posing a substantial financial barrier that affects project planning, execution, and long-term scalability. Developing an Extra High Voltage transmission network requires a significant outlay of capital for advanced transmission infrastructure such as Extra High Voltage transformers, high-capacity overhead or underground lines, switchgear systems, insulators, protection devices, and monitoring technologies. The cost of acquiring land, securing rights of way, performing environmental assessments, and addressing legal or community compensations adds multiple layers of financial obligation to any project.

The challenge is particularly pronounced in emerging economies where government budgets are limited, access to long-term financing is restricted, and public-private partnerships remain underdeveloped. In such cases, even when demand for high-capacity transmission systems is high, the inability to raise sufficient capital delays project implementation. Moreover, these investments often have long payback periods, sometimes spanning several decades, which reduces their attractiveness to private investors and commercial banks that prioritize quicker returns. Regulatory uncertainties, fluctuating currency exchange rates, inflation, and political instability further increase the investment risks associated with Extra High Voltage projects.

Even in developed economies, navigating budget approvals for such large-scale infrastructure is time-consuming. Utility companies are often constrained by rate-based regulatory frameworks that may not immediately allow full cost recovery for investments in modernized transmission systems. Projects that aim to span cross-border regions also require multi-government coordination, introducing additional financing complexities and risk-sharing challenges.

To address this problem, strategic financial instruments such as green bonds, sovereign guarantees, and infrastructure investment trusts must be adopted to attract institutional investors. Moreover, multilateral development agencies and international banks can play a crucial role in de-risking investments through concessional loans and technical assistance. Without overcoming the financial challenges posed by the high capital intensity of Extra High Voltage transmission networks, many regions may face delays in scaling up their electricity infrastructure to meet future demand and renewable energy integration goals.

Environmental Compliance and Land Acquisition Constraints

Environmental compliance and land acquisition remain formidable challenges in the implementation of Extra High Voltage transmission projects. These projects typically span hundreds of kilometers and require wide corridors that pass through forests, farmlands, residential areas, and sometimes ecologically sensitive regions. As a result, they face significant resistance from environmental groups, local communities, and regulatory agencies concerned about habitat disruption, deforestation, biodiversity loss, and long-term ecological imbalance.

Environmental regulations across many regions, particularly in Europe and North America, have become increasingly stringent. Transmission developers must conduct comprehensive Environmental Impact Assessments and secure approvals from multiple agencies, a process that can delay projects by several years. Even after obtaining clearance, opposition from civil society organizations and legal challenges can halt construction or force rerouting, further driving up costs and complexity. In countries like India or Brazil, where biodiversity hotspots are prevalent, the clearance process for transmission lines through forest zones or wildlife sanctuaries is especially rigorous.

Land acquisition adds another layer of complexity. High-voltage transmission lines require large swathes of land and clearances that must comply with safety regulations regarding electromagnetic field exposure and structural setbacks. Negotiating with landowners, offering fair compensation, and managing resettlement or rehabilitation processes require extensive community engagement and transparent governance mechanisms. However, in many regions, especially developing nations, the absence of a structured framework for stakeholder consultation results in community dissatisfaction, protests, and legal complications.

Furthermore, urban expansion and land scarcity increase the difficulty of finding suitable routes for new Extra High Voltage corridors, especially in densely populated areas. This is pushing some projects to consider underground or submarine routes, which, although environmentally less invasive, are far more expensive and technologically challenging.

Addressing these environmental and land-related challenges requires a multi-pronged strategy. This includes early-stage stakeholder engagement, environmentally sensitive routing using geographic information system-based tools, integration of community benefits into project planning, and transparency in compensation frameworks. Only by streamlining environmental approvals and promoting socially responsible development can the Extra High Voltage transmission market grow sustainably and equitably.

Key Market Trends

Surge in Renewable Energy Integration Driving EHV Transmission Demand

One of the most prominent trends shaping the Extra High Voltage transmission market is the rapid global shift toward renewable energy, which is significantly driving the need for long-distance, high-capacity power transmission. With solar farms, wind parks, and hydroelectric plants often situated in remote or offshore locations, there is a critical need for robust transmission infrastructure capable of delivering electricity over vast distances to population and industrial centers. Extra High Voltage transmission systems, by design, minimize transmission losses and offer enhanced capacity, making them indispensable for large-scale renewable energy integration.

In regions such as Europe, North America, and parts of Asia-Pacific, governments are aggressively pursuing decarbonization goals that require massive renewable capacity additions. These additions cannot be effectively utilized without complementary upgrades in transmission infrastructure. Projects such as intercontinental wind energy corridors, offshore wind farms, and solar mega parks are increasingly reliant on Extra High Voltage lines for efficient energy transfer. The trend is further supported by government funding and regulatory support for green infrastructure, including incentives for grid modernization and low-carbon technologies.

In addition, energy storage systems, smart grids, and grid balancing solutions are being co-developed with Extra High Voltage networks to handle the variability of renewable sources and ensure reliability. This integration enables not only power transmission but also advanced grid management, which is crucial for future energy resilience. As renewable energy continues to expand globally, the Extra High Voltage transmission market is expected to grow in parallel, evolving into a backbone for sustainable energy distribution.

Cross-Border Interconnection Projects Fueling Regional Energy Integration

A significant trend in the Extra High Voltage transmission market is the rise of cross-border and transnational grid interconnection projects. These large-scale initiatives are enabling regional electricity trade, enhancing energy security, and supporting renewable energy integration across national boundaries. Regions such as the European Union, Southeast Asia, and the Gulf Cooperation Council are witnessing a strong push toward grid synchronization and joint infrastructure development through Extra High Voltage corridors.

In Europe, for example, the European Network of Transmission System Operators for Electricity is promoting interconnector projects linking countries such as France, Germany, the United Kingdom, and Nordic nations. These projects enable countries with excess renewable generation to export electricity during peak periods, while importing power when needed, ensuring balanced supply-demand dynamics across the region. Similarly, in Asia, countries like India, Nepal, Bhutan, and Bangladesh are participating in joint grid development initiatives, with Extra High Voltage systems forming the central transmission infrastructure.

These cross-border collaborations are being enabled by multilateral financial institutions, such as the Asian Development Bank and World Bank, which are providing funding and technical expertise for Extra High Voltage network expansion. Moreover, transnational grid infrastructure plays a crucial role in disaster resilience and redundancy, as countries can rely on neighboring grids during emergencies.

As more nations seek to reduce fossil fuel dependence and improve grid reliability, the role of Extra High Voltage systems in facilitating regional energy integration will become increasingly central. This trend is expected to continue, with additional projects emerging in Africa and South America as part of efforts to strengthen regional energy cooperation and develop unified electricity markets.

Transition Toward Digitalized and Smart EHV Transmission Networks

The digital transformation of power infrastructure is emerging as a key trend in the Extra High Voltage transmission market, driven by the need for real-time monitoring, predictive maintenance, and operational optimization. As power grids become more complex due to decentralization, fluctuating renewable inputs, and diversified load patterns, Extra High Voltage transmission systems are incorporating smart technologies to ensure seamless operation and grid stability.

Advanced digital tools such as Supervisory Control and Data Acquisition systems, Phasor Measurement Units, and digital substations are increasingly being integrated into Extra High Voltage transmission networks. These technologies enable utilities to monitor line performance, voltage stability, power quality, and potential faults in real time. By leveraging big data analytics, artificial intelligence, and Internet of Things platforms, transmission operators can optimize load flow, detect anomalies proactively, and make data-driven decisions to prevent outages and reduce downtime.

Furthermore, cybersecurity is gaining priority, as digitalization exposes power infrastructure to potential threats. As a result, Extra High Voltage transmission systems are being equipped with advanced cybersecurity frameworks to protect operational technologies and ensure resilience against cyberattacks. The shift toward remote asset management is also gaining momentum, particularly in vast or difficult-to-access terrains, reducing operational expenditure and improving maintenance efficiency.

The transition to smart Extra High Voltage transmission infrastructure is being encouraged by government policies, utility modernization programs, and international grid codes that promote digital integration. This trend is expected to redefine the way transmission networks operate, creating new benchmarks in efficiency, safety, and responsiveness. Going forward, digitalization will not only enhance grid intelligence but also strengthen the adaptability of Extra High Voltage networks to future energy challenges.

Segmental Insights

Voltage Level Insights

In 2024, the segment categorized under the voltage level range of 331 kilovolt to 500 kilovolt emerged as the dominant category in the global Extra High Voltage transmission market and is expected to maintain its leading position throughout the forecast period. This dominance can be attributed to the optimal balance it offers between power transfer capability and infrastructure investment, making it highly suitable for long-distance, high-load power transmission across both urban and rural areas.

The 331 kilovolt to 500 kilovolt range is particularly favored by utilities and transmission system operators due to its ability to efficiently transmit bulk electricity over extended distances while minimizing transmission losses and maintaining system reliability. This voltage class is widely adopted in large-scale infrastructure projects, especially in countries with expansive geographic areas such as the United States, China, and India, where regional grids must be interconnected to meet rising power demands and support renewable energy integration. Furthermore, ongoing modernization and expansion of transmission grids, coupled with the development of smart grid infrastructure, have led to increased deployment of transmission lines and substations within this voltage range.

The 331 kilovolt to 500 kilovolt segment also benefits from well-established manufacturing capabilities and standardized equipment designs, which facilitate streamlined project implementation and cost efficiency. In regions like Europe and North America, this voltage level is being increasingly used for cross-border interconnection projects, enhancing grid stability and enabling regional electricity trade.

Additionally, the growing emphasis on upgrading aging transmission infrastructure and accommodating the intermittency of renewable energy sources such as wind and solar power has accelerated investments in this voltage segment. As the demand for reliable, resilient, and high-capacity power transmission continues to escalate globally, the 331 kilovolt to 500 kilovolt segment is expected to remain at the forefront of the Extra High Voltage transmission market, driven by its technical advantages, economic feasibility, and strategic importance in future energy networks.

Installation Type Insights

In 2024, the overhead transmission segment dominated the global Extra High Voltage transmission market by installation type and is expected to retain its dominance throughout the forecast period. This segment continues to lead due to its cost-effectiveness, ease of maintenance, and wide-scale adoption in both developed and developing regions. Overhead transmission lines are more economical to install and expand when compared to underground or submarine alternatives, especially over long distances and challenging terrains. This makes them the preferred choice for bulk power transmission across national grids and inter-regional corridors.

The relatively straightforward design, coupled with established construction practices and availability of standardized components such as towers, insulators, and conductors, enables rapid deployment and scalability of overhead Extra High Voltage infrastructure. Additionally, overhead lines offer superior cooling characteristics, which contribute to higher power transfer capabilities and improved system reliability. In countries such as China, India, the United States, and Brazil, large-scale investments in grid expansion and renewable energy integration have primarily relied on overhead transmission networks to connect remote generation sites with demand centers.

Despite growing interest in underground and submarine transmission methods for urban, environmentally sensitive, or inter-island applications, these alternatives involve significantly higher capital and operational expenditures, limiting their adoption to specific use cases. Furthermore, overhead systems provide easier access for inspection, maintenance, and repairs, ensuring faster fault detection and restoration, which is crucial for high-voltage transmission reliability.

The segment is also witnessing technological advancements such as the use of high-temperature low-sag conductors, advanced monitoring systems, and improved tower designs, which enhance performance while reducing environmental and visual impacts. As global demand for electricity continues to grow and governments focus on strengthening grid infrastructure to support energy transition goals, overhead transmission is expected to remain the backbone of the Extra High Voltage transmission market due to its practical, economic, and operational advantages.

 

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Regional Insights

Largest Region

In 2024, the Asia Pacific region dominated the global Extra High Voltage transmission market and is expected to maintain its dominance throughout the forecast period. This leadership position is driven by the region’s substantial investments in expanding and upgrading its transmission infrastructure to meet rapidly growing electricity demand, driven by industrialization, urbanization, and a shift toward renewable energy. Countries such as China, India, Japan, and South Korea are at the forefront of these developments.

China, in particular, has undertaken massive grid expansion projects, including the deployment of ultra-high voltage alternating current and direct current transmission lines that span thousands of kilometers to connect remote renewable energy sources with major consumption centers. India is also investing significantly in Extra High Voltage transmission systems to improve grid reliability, reduce transmission losses, and support nationwide renewable energy targets, particularly solar and wind energy integration under its Green Energy Corridor initiative.

Moreover, the growing need to interconnect regional grids for better load balancing, coupled with government policies encouraging infrastructure modernization, is propelling demand for advanced transmission technologies. The Asia Pacific region benefits from strong public sector involvement and favorable regulatory frameworks that support long-term energy infrastructure development. Rapid population growth and urban expansion across Southeast Asian nations are further fueling electricity demand, requiring robust Extra High Voltage networks to ensure uninterrupted power supply.

Additionally, the manufacturing capabilities of countries within the region, especially in high-voltage equipment production, contribute to the cost-effectiveness and scalability of regional projects. With ongoing and planned initiatives to enhance energy access, promote cross-border grid interconnections, and strengthen grid resilience against climate-related disruptions, Asia Pacific is well-positioned to lead the global Extra High Voltage transmission market in the years to come. Its combination of economic scale, policy commitment, and technological advancement underpins its continued dominance in this strategically vital sector.

Emerging Region

In the forecast period, the Middle East and Africa region is emerging as a key growth area in the global Extra High Voltage transmission market. This emergence is primarily driven by a combination of rapid urban development, rising electricity demand, and large-scale investments in renewable energy projects across various countries in the region.

Nations such as Saudi Arabia, the United Arab Emirates, Egypt, and South Africa are spearheading substantial infrastructure initiatives aimed at expanding and modernizing their power transmission networks. The push toward energy diversification, particularly in the Gulf Cooperation Council countries, is fostering the integration of solar and wind energy into national grids, which in turn necessitates robust Extra High Voltage transmission infrastructure to efficiently transport power over long distances from generation sites in deserts or remote areas to urban load centers.

Additionally, interconnection projects such as the Gulf Cooperation Council Interconnection Authority, the Egypt-Sudan power linkage, and the planned Africa Clean Energy Corridor are facilitating regional electricity trade and improving energy security through grid synchronization, thus fueling demand for Extra High Voltage solutions. Governments and public utilities in the region are also adopting advanced grid technologies and entering into partnerships with international engineering, procurement, and construction firms to implement high-capacity, resilient transmission systems.

Furthermore, several countries are implementing policy reforms to attract private investments and international funding into their power sectors, creating new opportunities for Extra High Voltage infrastructure development. As the region continues to undergo economic diversification and industrial growth, particularly in sectors such as mining, manufacturing, and desalination, the demand for reliable and efficient electricity transmission will increase significantly. This rising need, combined with ongoing geopolitical cooperation for transcontinental energy connectivity and the adoption of smart grid technologies, positions the Middle East and Africa as an emerging and strategically significant region in the global Extra High Voltage transmission market during the forecast period.

Recent Developments

  • In July 2024, Siemens Energy partnered with Dutch TSO TenneT to decarbonise their shared supply chain. The initiative includes the use of recycled copper in transformers and reducing raw-material carbon footprints by 30 percent by 2030 a major step toward sustainable grid infrastructure.
  • In July 2024, the National Grid Corporation of the Philippines energized the 552 km Balsik–Marilao–San Jose–Tayabas–Pagbilao 500 kV corridor, now the nation’s longest transmission line.
  • In July 2024, Siemens Energy announced a substantial expansion in its Grid Technologies division: hiring over 10,000 new employees and allocating €1.2 billion for new factories and production capacity across the United States, Europe, India, and other regions . Key elements include scaling up transformer and switchgear manufacturing and enhancing supply responsiveness for large-scale electrical infrastructure.
  • In March 2024, Siemens Energy formalised a strategic collaboration with Huadian Group in China. The partnership focuses on grid transmission for offshore wind power, green hydrogen infrastructure, and smart generation systems—further reinforcing Siemens Energy’s role in low-carbon grid solutions

Key Market Players

  • Siemens Energy AG
  • General Electric Company (GE Grid Solutions)
  • Hitachi Energy Ltd.
  • ABB Ltd.
  • Schneider Electric SE
  • Mitsubishi Electric Corporation
  • Toshiba Energy Systems & Solutions Corporation
  • Hyundai Electric & Energy Systems Co., Ltd.
  • Nexans S.A.
  • Prysmian Group

By Voltage Level

By Installation Type

By End-Use Industry

By Region

  • 220 kV–330 kV
  • 331 kV–500 kV
  • Above 500 kV
  • Overhead Transmission
  • Underground Transmission
  • Submarine Transmission
  • Utilities
  • Industrial
  • Commercial
  • Infrastructure
  • North America
  • Europe
  • South America
  • Middle East & Africa
  • Asia Pacific

Report Scope:

In this report, the Global EHV Transmission Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •  EHV Transmission Market, By Voltage Level:

o   220 kV–330 kV

o   331 kV–500 kV

o   Above 500 kV

  • EHV Transmission Market, By Installation Type:

o   Overhead Transmission

o   Underground Transmission

o   Submarine Transmission

  • EHV Transmission Market, By End-Use Industry:

o   Utilities

o   Industrial

o   Commercial

o   Infrastructure

  • EHV Transmission Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  France

§  United Kingdom

§  Italy

§  Spain

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

o   Middle East & Africa

§  Saudi Arabia

§  UAE

§  South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global EHV Transmission Market.

Available Customizations:

Global EHV Transmission Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global EHV Transmission Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global EHV Transmission Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.   Market Share & Forecast

5.2.1.    By Voltage Level (220 kV–330 kV, 331 kV–500 kV, Above 500 kV)

5.2.2.    By Installation Type (Overhead Transmission, Underground Transmission, Submarine Transmission)

5.2.3.    By End-Use Industry (Utilities, Industrial, Commercial, Infrastructure)

5.2.4.    By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

5.3.  By Company (2024)

5.4.  Market Map

6.    North America EHV Transmission Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Voltage Level

6.2.2.    By Installation Type

6.2.3.    By End-Use Industry

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States EHV Transmission Market Outlook

6.3.1.1.   Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2.   Market Share & Forecast

6.3.1.2.1. By Voltage Level

6.3.1.2.2. By Installation Type

6.3.1.2.3. By End-Use Industry

6.3.2.    Canada EHV Transmission Market Outlook

6.3.2.1.   Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2.   Market Share & Forecast

6.3.2.2.1. By Voltage Level

6.3.2.2.2. By Installation Type

6.3.2.2.3. By End-Use Industry

6.3.3.    Mexico EHV Transmission Market Outlook

6.3.3.1.   Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2.   Market Share & Forecast

6.3.3.2.1. By Voltage Level

6.3.3.2.2. By Installation Type

6.3.3.2.3. By End-Use Industry

7.    Europe EHV Transmission Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Voltage Level

7.2.2.    By Installation Type

7.2.3.    By End-Use Industry

7.2.4.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany EHV Transmission Market Outlook

7.3.1.1.   Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2.   Market Share & Forecast

7.3.1.2.1. By Voltage Level

7.3.1.2.2. By Installation Type

7.3.1.2.3. By End-Use Industry

7.3.2.    France EHV Transmission Market Outlook

7.3.2.1.   Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2.   Market Share & Forecast

7.3.2.2.1. By Voltage Level

7.3.2.2.2. By Installation Type

7.3.2.2.3. By End-Use Industry

7.3.3.    United Kingdom EHV Transmission Market Outlook

7.3.3.1.   Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2.   Market Share & Forecast

7.3.3.2.1. By Voltage Level

7.3.3.2.2. By Installation Type

7.3.3.2.3. By End-Use Industry

7.3.4.    Italy EHV Transmission Market Outlook

7.3.4.1.   Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2.   Market Share & Forecast

7.3.4.2.1. By Voltage Level

7.3.4.2.2. By Installation Type

7.3.4.2.3. By End-Use Industry

7.3.5.    Spain EHV Transmission Market Outlook

7.3.5.1.   Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2.   Market Share & Forecast

7.3.5.2.1. By Voltage Level

7.3.5.2.2. By Installation Type

7.3.5.2.3. By End-Use Industry

8.    Asia Pacific EHV Transmission Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Voltage Level

8.2.2.    By Installation Type

8.2.3.    By End-Use Industry

8.2.4.    By Country

8.3.  Asia Pacific: Country Analysis

8.3.1.    China EHV Transmission Market Outlook

8.3.1.1.   Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2.   Market Share & Forecast

8.3.1.2.1. By Voltage Level

8.3.1.2.2. By Installation Type

8.3.1.2.3. By End-Use Industry

8.3.2.    India EHV Transmission Market Outlook

8.3.2.1.   Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2.   Market Share & Forecast

8.3.2.2.1. By Voltage Level

8.3.2.2.2. By Installation Type

8.3.2.2.3. By End-Use Industry

8.3.3.    Japan EHV Transmission Market Outlook

8.3.3.1.   Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2.   Market Share & Forecast

8.3.3.2.1. By Voltage Level

8.3.3.2.2. By Installation Type

8.3.3.2.3. By End-Use Industry

8.3.4.    South Korea EHV Transmission Market Outlook

8.3.4.1.   Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2.   Market Share & Forecast

8.3.4.2.1. By Voltage Level

8.3.4.2.2. By Installation Type

8.3.4.2.3. By End-Use Industry

8.3.5.    Australia EHV Transmission Market Outlook

8.3.5.1.   Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2.   Market Share & Forecast

8.3.5.2.1. By Voltage Level

8.3.5.2.2. By Installation Type

8.3.5.2.3. By End-Use Industry

9.    Middle East & Africa EHV Transmission Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Voltage Level

9.2.2.    By Installation Type

9.2.3.    By End-Use Industry

9.2.4.    By Country

9.3.  Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia EHV Transmission Market Outlook

9.3.1.1.   Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2.   Market Share & Forecast

9.3.1.2.1. By Voltage Level

9.3.1.2.2. By Installation Type

9.3.1.2.3. By End-Use Industry

9.3.2.    UAE EHV Transmission Market Outlook

9.3.2.1.   Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2.   Market Share & Forecast

9.3.2.2.1. By Voltage Level

9.3.2.2.2. By Installation Type

9.3.2.2.3. By End-Use Industry

9.3.3.    South Africa EHV Transmission Market Outlook

9.3.3.1.   Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2.   Market Share & Forecast

9.3.3.2.1. By Voltage Level

9.3.3.2.2. By Installation Type

9.3.3.2.3. By End-Use Industry

10. South America EHV Transmission Market Outlook

10.1.     Market Size & Forecast

10.1.1. By Value

10.2.     Market Share & Forecast

10.2.1. By Voltage Level

10.2.2. By Installation Type

10.2.3. By End-Use Industry

10.2.4. By Country

10.3.     South America: Country Analysis

10.3.1. Brazil EHV Transmission Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Voltage Level

10.3.1.2.2.  By Installation Type

10.3.1.2.3.  By End-Use Industry

10.3.2. Colombia EHV Transmission Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Voltage Level

10.3.2.2.2.  By Installation Type

10.3.2.2.3.  By End-Use Industry

10.3.3. Argentina EHV Transmission Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Voltage Level

10.3.3.2.2.  By Installation Type

10.3.3.2.3.  By End-Use Industry

11.  Market Dynamics

11.1.     Drivers

11.2.     Challenges

12. Market Trends and Developments

12.1.     Merger & Acquisition (If Any)

12.2.     Product Launches (If Any)

12.3.     Recent Developments

13. Company Profiles

13.1.    Siemens Energy AG

13.1.1. Business Overview

13.1.2. Key Revenue and Financials 

13.1.3. Recent Developments

13.1.4. Key Personnel

13.1.5. Key Product/Services Offered

13.2.    General Electric Company (GE Grid Solutions)

13.3.    Hitachi Energy Ltd.

13.4.    ABB Ltd.

13.5.    Schneider Electric SE

13.6.    Mitsubishi Electric Corporation

13.7.    Toshiba Energy Systems & Solutions Corporation

13.8.    Hyundai Electric & Energy Systems Co., Ltd.

13.9.    Nexans S.A.

13.10.  Prysmian Group

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global EHV Transmission market was USD 2.23 Billion in 2024

Submarine Transmission is the fastest growing segment in the global Extra High Voltage Transmission market by installation type. This growth is driven by rising investments in offshore wind projects and increasing cross-border interconnectivity initiatives

The Global EHV Transmission market faces challenges such as high capital investment requirements and lengthy regulatory approval processes. Additionally, complex environmental concerns and land acquisition hurdles impede project execution.

The major drivers for the global Extra High Voltage Transmission market include rising electricity demand and the integration of large-scale renewable energy sources. Additionally, cross-border interconnections and grid modernization initiatives are accelerating market growth.

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