母線保護の世界市場予測(~2023年):電圧、インピーダンス、エンドユーザー、地域別分析

調査会社MarketsandMarkets社が発行したリサーチレポート(データ管理コード:MAM-EP-6171)
◆英語タイトル:Busbar Protection Market by Voltage (Medium Voltage, High Voltage, and Extra High Voltage), Impedance (Low Impedance and High Impedance), End-User (Utilities, Industries, and Transportation), and Region - Global Forecast to 2023
◆発行会社/調査会社:MarketsandMarkets
◆商品コード:MAM-EP-6171
◆発行日:2018年4月12日
◆調査対象地域:グローバル
◆産業分野:エネルギー・電力
◆ページ数:139
◆レポート言語:英語
◆レポート形式:PDF
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MarketsandMarketsが発行した当調査レポートでは、母線保護の世界市場について調査・分析し、エグゼクティブサマリー、市場インサイト、市場概観/市場動向、電圧別分析、インピーダンス別分析、需要先別分析、地域別分析、母線保護の世界市場規模及び予測、市場動向、競争状況、関連企業分析などの情報をお届けいたします。
*** レポート概要(サマリー)***

“The busbar protection market is projected to grow at a CAGR of 6.10%, from 2018 to 2023.” The busbar protection market is projected to grow from an estimated USD 3.20 billion in 2018 to USD 4.31 billion by 2023, at a CAGR of 6.10%, from 2018 to 2023. The growth of the market is mainly attributed to the increasing investment in transmission & distribution network in countries such as China, India, and the US in the extra high voltage segment. Asia Pacific and North America are expected to be the largest markets for busbar protection during the forecast period. Modernization of existing transmission & distribution network in developed countries of Europe and North America, along with operational benefits of low impedance busbar protection system such as dynamic bus replica, protection, external-monitoring self-monitoring, and remote access of busbar, is expected to create the demand for the busbar protection market during the forecast period. Delays in grid expansion projects due to government regulations and environmental clearances is the main restrain for the busbar protection market.
“Extra high-voltage segment is expected to hold the largest share of the busbar protection market, by type, during the forecast period.”
Extra high voltage is the largest segment of the busbar protection market, by voltage type, in terms of value. Extra high-voltage power transmission infrastructure transmits the power generated by offshore wind and solar plants. The increasing installation of offshore wind farms and solar farms is creating an opportunity for busbar protection systems in the extra high-voltage segment.
“Asia Pacific: The fastest market for busbar protections.”
Asia Pacific is projected to be the fastest growing market during the forecast period. This high growth rate can be attributed to increased investments in infrastructure development, T&D spending, growing focus on renewable sources of power generation, and infrastructural activities in the recent past. China has the highest installed generation & distribution capacity, resulting in an increased demand for transformers, which in turn, is likely to augment the demand for busbar protection systems. Moreover, the focus of the governments to increase the power generation capacity by using conventional as well as renewable energy sources has further supported the growth of the market.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1—44%, Tier 2—30%, Tier 3—26%
By Designation: C-Level—46%, D-Level—27%, Others—27%
By Region: North America—34%, Europe—20%, Asia Pacific—27%, South America—8%, Middle East & Africa—11%,
Note: The tier of the companies has been defined on the basis of their total revenue as of 2016: Tier 1 = >USD 5 billion, Tier 2 = From USD 1 billion to USD 5 billion, and Tier 3 = The key players in the busbar protection market include ABB (Switzerland), Schneider Electric (France), GE (US), Siemens (Germany), Mitsubishi Electric (Japan), NR Electric (China), Toshiba (Japan), Eaton (Ireland), and ZIV (Spain).
Research Coverage:
The report provides a complete view of the busbar protection market across the various industries and regions. It aims at estimating the market size and future growth potential of the market across different segments such as voltage, impedance, end-user, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.
The market has been segmented on the basis of voltage, impedance, end-user, and region. The market ranking analysis of the top players and company profiles comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the busbar protection market.
The report provides insights on the following pointers:

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the busbar protection market

• Market Development: Comprehensive information about lucrative emerging markets; the report analyzes the markets for busbar protection across regions.

• Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global busbar protection market.

Why Buy this Report?
1. The report identifies and addresses key markets for the deployment of busbar protection in various industries, which would help manufacturers review the growth in demand.
2. The report helps solutions providers understand the pulse of the market and provide insights into drivers, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

*** レポート目次(コンテンツ)***

TABLE OF CONTENTS

1 INTRODUCTION 12
1.1 OBJECTIVES 12
1.2 MARKET DEFINITION 12
1.3 MARKET SCOPE 13
1.3.1 MARKET COVERED 13
1.3.2 REGIONAL SCOPE 14
1.3.3 YEARS CONSIDERED FOR THE STUDY 14
1.3.4 CURRENCY 15
1.4 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 19
2.1.2.3 Breakdown of primaries 19
2.2 MARKET SIZE ESTIMATION 20
2.2.1 BOTTOM-UP APPROACH 21
2.2.2 TOP-DOWN APPROACH 22
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 23
2.4 RESEARCH ASSUMPTION 24
2.4.1 ASSUMPTION OF THE RESEARCH STUDY 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE OPPORTUNITIES IN THE BUSBAR PROTECTION MARKET 30
4.2 BUSBAR PROTECTION MARKET, BY END-USER 31
4.3 BUSBAR PROTECTION MARKET, BY VOLTAGE 32
4.4 BUSBAR PROTECTION MARKET, BY IMPEDANCE 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 34
5.2 MARKET DYNAMICS 34
5.2.1 DRIVERS 35
5.2.1.1 Increasing investments in transmission and distribution infrastructure 35
5.2.1.2 Operational benefits of busbar protection relays 36
5.2.2 RESTRAINTS 36
5.2.2.1 Delays in grid expansion projects 36
5.2.3 OPPORTUNITIES 37
5.2.3.1 Adoption of HVDC technology 37
5.2.3.2 Increased investments in smart grids and energy systems 37
5.2.4 CHALLENGES 38
5.2.4.1 Cost constraints for MV substations 38
6 BUSBAR PROTECTION MARKET, BY VOLTAGE 39
6.1 INTRODUCTION 40
6.2 MEDIUM VOLTAGE 41
6.3 HIGH VOLTAGE 41
6.4 EXTRA HIGH VOLTAGE 42
7 BUSBAR PROTECTION MARKET, BY IMPEDANCE 44
7.1 INTRODUCTION 45
7.2 HIGH IMPEDANCE 46
7.3 LOW IMPEDANCE 46
8 BUSBAR PROTECTION MARKET, BY END-USER 48
8.1 INTRODUCTION 49
8.2 UTILITIES 50
8.3 INDUSTRIES 50
8.4 TRANSPORTATION 51
9 BUSBAR PROTECTION MARKET, BY REGION 52
9.1 INTRODUCTION 53
9.2 NORTH AMERICA 55
9.2.1 BY VOLTAGE 57
9.2.2 BY IMPEDANCE 57
9.2.3 BY END-USER 57
9.2.4 BY COUNTRY 58
9.2.4.1 US 58
9.2.4.2 Canada 59
9.2.4.3 Mexico 60
9.3 ASIA PACIFIC 60
9.3.1 BY VOLTAGE 62
9.3.2 BY IMPEDANCE 62
9.3.3 BY END-USER 62
9.3.4 BY COUNTRY 63
9.3.4.1 China 63
9.3.4.2 India 64
9.3.4.3 Japan 65
9.3.4.4 Australia 65
9.3.4.5 South Korea 66
9.3.4.6 Indonesia 67
9.3.4.7 Rest of Asia Pacific 67
9.4 EUROPE 68
9.4.1 BY VOLTAGE 69
9.4.2 BY IMPEDANCE 69
9.4.3 BY END-USER 69
9.4.4 BY COUNTRY 70
9.4.4.1 Germany 70
9.4.4.2 UK 71
9.4.4.3 France 71
9.4.4.4 Italy 72
9.4.4.5 Norway 73
9.4.4.6 Russia 73
9.4.4.7 Rest of Europe 74
9.5 SOUTH AMERICA 74
9.5.1 BY VOLTAGE 75
9.5.2 BY IMPEDANCE 75
9.5.3 BY END-USER 75
9.5.4 BY COUNTRY 76
9.5.4.1 Brazil 76
9.5.4.2 Argentina 77
9.5.4.3 Rest of South America 78
9.6 MIDDLE EAST & AFRICA 79
9.6.1 BY VOLTAGE 79
9.6.2 BY IMPEDANCE 80
9.6.3 BY END-USER 80
9.6.4 BY COUNTRY 81
9.6.4.1 Saudi Arabia 81
9.6.4.2 UAE 82
9.6.4.3 South Africa 83
9.6.4.4 Nigeria 84
9.6.4.5 Egypt 84
9.6.4.6 Rest of the Middle East & Africa 85
10 COMPETITVE LANDSCAPE 86
10.1 INTRODUCTION 86
10.2 RANKING OF PLAYERS & MARKET STRUCTURE 87

10.3 COMPETITIVE SCENARIO 88
10.3.1 CONTRACTS & AGREEMENTS 89
10.3.2 INVESTMENTS AND EXPANSIONS 90
10.3.3 MERGERS & ACQUISITIONS 91
10.3.4 OTHERS 91
11 COMPANY PROFILES 92
(Business overview, Products offered, Recent Developments, MNM view)*
11.1 BENCHMARKING 92
11.2 ABB 93
11.3 GE 99
11.4 SCHNEIDER ELECTRIC 104
11.5 SIEMENS 106
11.6 MITSUBISHI ELECTRIC 108
11.7 ANDRITZ 110
11.8 BASLER ELECTRIC 113
11.9 EATON 114
11.10 ERLPHASE POWER TECHNOLOGIES 116
11.11 NR ELECTRIC 117
11.12 SEL 120
11.13 TOSHIBA 122
11.14 ZIV 125
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
12 APPENDIX 127
12.1 INSIGHTS OF INDUSTRY EXPERTS 127
12.2 DISCUSSION GUIDE 128
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 131
12.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 133
12.5 AVAILABLE CUSTOMISATION 135
12.6 RELEATED REPORT 136
12.7 AUTHOR DETAILS 137

LIST OF TABLES

TABLE 1 BUSBAR PROTECTION MARKET SNAPSHOT 25
TABLE 2 T&D INFRASTRUCTURE EXPANSION PLANS 35
TABLE 3 KEY SMART GRID INVESTMENT INITIATIVES 37
TABLE 4 BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE, 2016–2023 (USD MILLION) 40
TABLE 5 MEDIUM VOLTAGE: BUSBAR PROTECTION MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 41
TABLE 6 HIGH VOLTAGE: BUSBAR PROTECTION MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 42
TABLE 7 EXTRA HIGH VOLTAGE: BUSBAR PROTECTION MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 43
TABLE 8 BUSBAR PROTECTION MARKET SIZE, BY IMPEDANCE, 2016–2023 (USD MILLION) 45
TABLE 9 HIGH IMPEDANCE: BUSBAR PROTECTION MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 46
TABLE 10 LOW IMPEDANCE: BUSBAR PROTECTION MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 47
TABLE 11 BUSBAR PROTECTION MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION) 49
TABLE 12 UTILITIES: BUSBAR PROTECTION MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 50
TABLE 13 INDUSTRIES: BUSBAR PROTECTION MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 51
TABLE 14 TRANSPORTATION: BUSBAR PROTECTION MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 51
TABLE 15 BUSBAR PROTECTION MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 53
TABLE 16 BUSBAR PROTECTION MARKET, TOP FIVE COUNTRIES LARGEST MARKET,
2016–2023 (USD MILLION) 54
TABLE 17 BUSBAR PROTECTION MARKET, TOP FIVE FASTEST GROWING MARKETS,
2016–2023 (USD MILLION) 54
TABLE 18 NORTH AMERICA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 57
TABLE 19 NORTH AMERICA: BUSBAR PROTECTION MARKET SIZE, BY IMPEDANCE,
2016–2023 (USD MILLION) 57
TABLE 20 NORTH AMERICA: BUSBAR PROTECTION MARKET SIZE, BY END-USER,
2016–2023 (USD MILLION) 57
TABLE 21 NORTH AMERICA: BUSBAR PROTECTION MARKET SIZE, BY COUNTRY,
2016–2023 (USD MILLION) 58
TABLE 22 US: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE, 2016–2023 (USD MILLION) 59
TABLE 23 CANADA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 59
TABLE 24 MEXICO: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 60
TABLE 25 ASIA PACIFIC: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 62
TABLE 26 ASIA PACIFIC: BUSBAR PROTECTION MARKET SIZE, BY IMPEDANCE,
2016–2023 (USD MILLION) 62
TABLE 27 ASIA PACIFIC: BUSBAR PROTECTION MARKET SIZE, BY END-USER,
2016–2023 (USD MILLION) 62
TABLE 28 ASIA PACIFIC: BUSBAR PROTECTION MARKET SIZE, BY COUNTRY,
2016–2023 (USD MILLION) 63
TABLE 29 CHINA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 64
TABLE 30 INDIA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 64
TABLE 31 JAPAN: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 65
TABLE 32 AUSTRALIA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 66
TABLE 33 SOUTH KOREA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 66
TABLE 34 INDONESIA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 67
TABLE 35 REST OF ASIA PACIFIC: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 68
TABLE 36 EUROPE: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 69
TABLE 37 EUROPE: BUSBAR PROTECTION MARKET SIZE, BY IMPEDANCE,
2016–2023 (USD MILLION) 69
TABLE 38 EUROPE: BUSBAR PROTECTION MARKET SIZE, BY END-USER,
2016–2023 (USD MILLION) 69
TABLE 39 EUROPE: BUSBAR PROTECTION MARKET SIZE, BY COUNTRY,
2016–2023 (USD MILLION) 70
TABLE 40 GERMANY: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 70
TABLE 41 UK: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE, 2016–2023 (USD MILLION) 71
TABLE 42 FRANCE: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 72
TABLE 43 ITALY: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 72
TABLE 44 NORWAY: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 73
TABLE 45 RUSSIA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 73
TABLE 46 REST OF EUROPE: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 74
TABLE 47 SOUTH AMERICA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 75
TABLE 48 SOUTH AMERICA: BUSBAR PROTECTION MARKET SIZE, BY IMPEDANCE,
2016–2023 (USD MILLION) 75
TABLE 49 SOUTH AMERICA: BUSBAR PROTECTION MARKET SIZE, BY END-USER,
2016–2023 (USD MILLION) 75
TABLE 50 SOUTH AMERICA: BUSBAR PROTECTION MARKET SIZE, BY COUNTRY,
2016–2023 (USD MILLION) 76
TABLE 51 BRAZIL: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 77
TABLE 52 ARGENTINA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 77
TABLE 53 REST OF SOUTH AMERICA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE, 2016–2023 (USD MILLION) 78
TABLE 54 MIDDLE EAST & AFRICA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 79
TABLE 55 MIDDLE EAST & AFRICA: BUSBAR PROTECTION MARKET SIZE, BY IMPEDANCE, 2016–2023 (USD MILLION) 80
TABLE 56 MIDDLE EAST & AFRICA: BUSBAR PROTECTION MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION) 80
TABLE 57 MIDDLE EAST & AFRICA: BUSBAR PROTECTION MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION) 81
TABLE 58 SAUDI ARABIA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 81
TABLE 59 UAE: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 82
TABLE 60 SOUTH AFRICA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 83
TABLE 61 NIGERIA: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 84
TABLE 62 EGYPT: BUSBAR PROTECTION MARKET SIZE, BY VOLTAGE,
2016–2023 (USD MILLION) 84
TABLE 63 REST OF THE MIDDLE EAST & AFRICA: BUSBAR PROTECTION MARKET SIZE,
BY VOLTAGE, 2016–2023 (USD MILLION) 85
TABLE 64 ABB—THE MOST ACTIVE PLAYER IN THE MARKET BETWEEN 2015 AND
FEBRUARY 2018 88
TABLE 65 CONTRACTS & AGREEMENTS, 2015–MARCH 2018 89
TABLE 66 INVESTMENTS AND EXPANSIONS, 2015–MARCH 2018 90
TABLE 67 MERGERS & ACQUISITIONS, 2015–MARCH 2018 91
TABLE 68 OTHERS, 2015–MARCH 2018 91


LIST OF FIGURES

FIGURE 1 BUSBAR PROTECTION MARKET SEGMENTATION 13
FIGURE 2 RESEARCH DESIGN 16
FIGURE 3 BREAKDOWN OF PRIAMRIES: BY COMPNAY TYPE, DESIGNATION, AND REGION 20
FIGURE 4 BOTTOM-UP APPROACH 21
FIGURE 5 TOP-DOWN APPROACH 22
FIGURE 6 DATA TRIANGULATION METHODOLGY 23
FIGURE 7 BUSBAR PROTECTION MARKET, BY REGION, 2018–2023 (USD MILLION) 26
FIGURE 8 BUSBAR PROTECTION MARKET SIZE, BY END-USER, 2018–2023 (USD BILLION) 27
FIGURE 9 BUSBAR PROTECTION MARKET SHARE, BY VOLTAGE, 2017 (USD MILLION) 28
FIGURE 10 BUSBAR PROTECTION MARKET SIZE, BY IMPEDANCE, 2017–2023 (USD MILLION) 29
FIGURE 11 OPPORTUNITIES IN THE EXTRA HIGH VOLTAGE SEGMENT OF THE BUSBAR PROTECTION MARKET, 2018–2023 30
FIGURE 12 UTILITIES SEGMENT IS LEADING THE BUSBAR PROTECTION MARKET 31
FIGURE 13 EXTRA HIGH VOLTAGE DOMINATED THE ASIA PACIFIC BUSBAR PROTECTION MARKET IN 2017 32
FIGURE 14 LOW IMPEDACNE LED THE BUSBAR PROTECTION MARKET IN 2017 33
FIGURE 15 BUSBAR PROTECTION MARKET: MARKET DYNAMICS 34
FIGURE 16 BUSBAR PROTECTION MARKET SHARE, BY VOLTAGE, 2018–2023 (USD MILLION) 40
FIGURE 17 BUSBAR PROTECTION MARKET SHARE, BY IMPEDANCE, 2017 45
FIGURE 18 BUSBAR PROTECTION MARKET SHARE, BY END-USER, 2017 49
FIGURE 19 BUSBAR PROTECTION MARKET, BY REGION, 2017 53
FIGURE 20 REGIONAL SNAPSHOT: THE MARKET IN ASIA PACIFIC IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 55
FIGURE 21 NORTH AMERICA: MARKET SNAPSHOT 56
FIGURE 22 ASIA PACIFIC: MARKET SNAPSHOT 61
FIGURE 23 KEY DEVELOPMENTS IN BUSBAR PROTECTION MARKET, 2015-MARCH 2018 86
FIGURE 24 ABB LED THE BUSBAR PROTECTION MARKET IN 2017 87
FIGURE 25 ABB: COMPANY SNAPSHOT 93
FIGURE 26 GE: COMPANY SNAPSHOT 99
FIGURE 27 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 104
FIGURE 28 SIEMENS: COMPANY SNAPSHOT 106
FIGURE 29 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT 108
FIGURE 30 ANDRITZ: COMPANY SNAPSHOT 110
FIGURE 31 EATON: COMPANY SNAPSHOT 114
FIGURE 32 TOSHIBA: COMPANY SNAPSHOT 122


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