Estimated U.S. Sales of HV Transmission Substation Equipment well over $5 Billion in 2011, (excluding power transformers) – Forecast to Increase by 19% to $6 Billion by 2014.

High Manufacturing Concentration Ratios Noted – Four Top Tier HV Equipment Manufacturers in Each Category Hold from 70%-95% Combined Shares

October 19, 2012. Ellicott City, Maryland. The Newton-Evans Research Company has announced its publication of a set of 15 U.S. high voltage equipment market two-page summaries. The new series of market overview reports (executive market summaries) includes supplier listings, representative products, and estimated market size for each topic, vendor market share estimates, and market outlook through 2014. For many topics, equipment/system cost ranges are also provided. Electric utilities accounted for about 88-90% of all purchases of high voltage equipment, used mainly in transmission class electric power substations.

Unlike other categories in the series, the HV equipment market is characterized by a specialized group of manufacturers, resulting in a high degree of market shares held by these few companies. There are two manufacturing concentration ratios used by economists. The first, known as CR₄ ratios, is a measure of U.S. market dominance in the hands of four suppliers/manufacturers. The second calculation is the CR₈, a measure of U.S. market dominance among up to eight leading manufacturers.

For each high voltage equipment category, Newton-Evans has found that more than 70% of each of the covered HV equipment markets is shared by four or fewer companies. The CR₈ ratio found in this study indicates that the market share for eight suppliers (or fewer) is nearly 100% in each category, as calculated by Newton-Evans Research. This is different from other T&D categories studied this year, wherein significantly lower concentration ratios are found at the CR₄ level.

The High Voltage Equipment series ($975.00) includes U.S. market size, market share estimates and market outlook for these 15 HV equipment categories: HV01 – FACTS and RPC, HV02 – HVDC, HV03 – Air Insulated Substations, HV04 – Gas Insulated Substations, HV05 – Air Insulated Switchgear, HV06 – Gas Insulated Switchgear, HV07 – High Voltage Bushings, HV08 – High Voltage Capacitors, HV09 – High Voltage Circuit Breakers, HV10 – HV Disconnect Switches, HV11 – High Voltage Circuit Switchers, HV12 – HV Instrument Transformers, HV13 – Air Core Reactors, HV14 – HV Surge Arrestors, HV15 – Specialized Generator Circuit Breakers.

Other topical series published this year by Newton-Evans Research are also available including: substation automation (13 market segment snapshots), power transformers (11 market segment snapshots), distribution automation (12 market segment snapshots), protective relays (8 market segment snapshots), and medium voltage equipment (20 market overviews). The final series to be released in November will cover a range of T&D control systems (11 market segment overviews).

Further information on this new series of more than 90 U.S. electric power transmission and distribution market snapshots is available from Newton-Evans Research Company, 10176 Baltimore National Pike, Suite 204, Ellicott City, Maryland 21042. Phone: 410-465-7316 or visit www.newton-evans.com for a brochure or to order any of the related report series or individual report summaries online. For those interested in subscriptions to multiple report series, please call or email us for special introductory pricing offers. Khristina Newton can be reached at knewton@newton-evans.com.