EHV Transmission Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Voltage Level, By Installation Type, By End-Use Industry, By Region & Competition, 2020-2030F
The Global Extra High Voltage (EHV) Transmission Market was valued at USD 2.23 Billion in 2024 and is projected to reach USD 3.17 Billion by 2030, registering a CAGR of 5.87% during the forecast period. EHV transmission systems-defined by voltage levels above 220 kV-are designed to efficiently transfer large volumes of electricity over long distances, with minimal power losses. These systems are critical to supporting growing electricity demand and are integral to national and cross-border grid infrastructure. Key components include transformers, switchgear, high-capacity lines, insulators, and monitoring systems. The market is expanding rapidly due to rising global energy consumption, the integration of remote renewable energy sources, and grid modernization initiatives. Governments worldwide are prioritizing high-voltage networks to meet the needs of industrial growth, urbanization, and cross-regional energy connectivity. Particularly in regions like Asia-Pacific and Europe, robust EHV systems are essential for ensuring energy reliability, supporting clean energy goals, and enabling intercontinental transmission networks.
Market Overview
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
Key Market Drivers
Surging Global Electricity Demand
The escalating global demand for electricity is a major growth driver for the EHV Transmission Market, fueled by rapid urbanization, industrial expansion, and adoption of energy-intensive technologies. As countries like China and India develop their industrial infrastructure, the need for high-capacity transmission systems capable of delivering stable power over long distances becomes critical. EHV lines operating above 345 kV help minimize energy losses and support the rising power requirements of data centers, electric vehicles, and smart cities. Additionally, the integration of renewable energy sources located far from consumption centers necessitates long-distance transmission networks. Government investments in infrastructure, coupled with electrification trends across sectors, are pushing utilities to expand and upgrade their transmission capabilities. EHV systems not only meet growing demand but also improve efficiency and grid stability across expansive and diverse geographies.
Key Market Challenges
Financial Barriers Due to Capital-Intensive Nature of EHV Transmission Projects
One of the primary obstacles in the EHV Transmission Market is the significant capital required for developing, installing, and maintaining high-voltage infrastructure. These projects involve substantial costs for advanced components like transformers, high-capacity lines, switchgear, and protection systems, along with land acquisition and compliance with environmental regulations. In emerging economies, funding challenges are exacerbated by limited government budgets and underdeveloped financing frameworks. High up-front investment and long return-on-investment periods make these projects less appealing to private investors. Uncertainties related to regulation, currency fluctuations, inflation, and political factors further raise project risk and financing complexity, delaying implementation even in markets where demand is high.
Key Market Trends
Surge in Renewable Energy Integration Driving EHV Transmission Demand
A prominent trend shaping the EHV Transmission Market is the rapid integration of renewable energy sources, necessitating reliable long-distance transmission systems. Large-scale solar and wind energy projects are often situated in remote or offshore areas, requiring EHV networks to deliver power efficiently to urban and industrial zones. EHV infrastructure supports high-capacity, low-loss electricity transfer, making it critical for renewable energy expansion. Governments across Europe, North America, and Asia-Pacific are promoting decarbonization through major investments in green infrastructure, including EHV transmission lines. National and regional policies encouraging low-carbon energy solutions, interconnection projects, and offshore wind development are further reinforcing the need for scalable EHV systems that align with global climate and sustainability targets.
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
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:
220 kV-330 kV
331 kV-500 kV
Above 500 kV
EHV Transmission Market, By Installation Type:
Overhead Transmission
Underground Transmission
Submarine Transmission
EHV Transmission Market, By End-Use Industry:
Utilities
Industrial
Commercial
Infrastructure
EHV Transmission Market, By Region:
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
South America
Brazil
Argentina
Colombia
Asia-Pacific
China
India
Japan
South Korea
Australia
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).
Table of Contents
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