Switchgear Market by Insulation (GIS and AIS), Installation (Indoor and Outdoor), End User (T&D Utilities, Industries, Commercial and Residential), Voltage (Low, Medium, and High), and Geography Global Forecast to 2024
[161 Pages Report] The global switchgear market is projected to reach a size of USD 143.5 billion by 2024, at a CAGR of 6.9% from an estimated USD 102.6 billion in 2019. Growing investments in renewable energy and demand for safe and secure electrical distribution systems have increased the demand for switchgears.
To know about the assumptions considered for the study, download the pdf brochure
By insulation, the Gas Insulated Segment (GIS) will account for the largest contribution in the switchgear market during the forecast period.
The report segments the switchgear market, by insulation, into GIS and AIS. The GIS type is expected to hold the largest market share by 2024. They are mainly used in industrial areas to fulfill high-energy demands through a space-saving design of minimum cost. GIS are deployed in various industries, serving different needs at varying voltage levels. This would drive the demand for GIS.
By end-user, the T&D utilities segment is expected to grow at the fastest rate during the forecast period.
The T&D utilities segment is responsible for the generation, transmission, and distribution of electricity. Electric utilities include investor-owned and publicly-owned cooperatives and nationalized entities, which are the major providers of electricity in most of the countries, worldwide. On the other hand, increasing laws supporting reliable, the uninterrupted power supply is increasingly being adopted in regions such as North America and Europe, which is driving the market for switchgears.
Asia Pacific is expected to account for the largest market size during the forecast period.
North America, Europe, South America, Asia Pacific, and the Middle East & Africa are the major regions considered for the study of the switchgear market. Asia Pacific is estimated to be the largest market from 2019 to 2024. Countries such as China and India are undertaking a lot of smart grid and substation projects to fulfil the growing demand for energy. This would drive the switchgear market in the region.
Key Market Players
The major players in the global switchgear market are Schneider Electric (France), Siemens AG (Germany), ABB (Switzerland), General Electric (US), Eaton Corporation (Republic of Ireland), Hyosung, Hyundai (South Korea), CG Power (India), Hitachi (Japan), Toshiba (Japan), Mitsubishi (Japan), Powell (US), Larsen & Toubro (India), Elektrobudowa (Poland), Hubbell (US), Lucy Electric (UK), SEL (Italy), and Fuji Electric (Japan).
Recent Developments
- In April 2019, ABB was awarded a contract by a German utility company Stadtwerke Munster to develop unique switchgear solutions for its secondary switchgear applications.
- In March 2019, Schneider launched Masterpact MTZ in India, which is a high-power low voltage circuit breaker. MTZ provides safety, enhances performance, and increases reliability.
- In March 2019, Siemens launched medium voltage switchgears, which use clean air as the insulating medium. They offer a safe and economical grid operation. They are used in public and industrial power grids on the secondary distribution level.
- In April 2019, Eaton Corporation acquired 82.275% of Ulusoy Elektrik, which is into manufacturing medium voltage switchgears, medium voltage distribution transformers, and cable systems. The acquisition will allow the company to capture new markets.
Key questions addressed by the report
- The report identifies and addresses key markets for switchgear system, which would help manufacturers review the growth in demand.
- The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
- The report will help key players understand the strategies of their competitors better and make better strategic decisions.
- The report addresses the market share analysis of key players in the switchgear market and with the help of this, companies can enhance their revenues in the respective markets.
- The report provides insights about emerging geographies for switchgear, and hence, the entire market ecosystem can gain competitive advantage.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 17)
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 20)
2.1 Market Size Estimation
2.1.1 Ideal Demand-Side Analysis
2.1.1.1 Assumptions
2.1.2 Supply-Side Analysis
2.1.2.1 Calculation
2.1.3 Forecast
2.2 Some of the Insights of Industry Experts
3 Executive Summary (Page No. - 23)
4 Premium Insights (Page No. - 27)
4.1 Attractive Opportunities in the Switchgear Market
4.2 Switchgear Market, By Region
4.3 Asia Pacific Switchgear Market, By Voltage & Country
4.4 Switchgear Market, By Insulation
4.5 Switchgear Market, By Installation
4.6 Switchgear Market, By End-User
5 Market Overview (Page No. - 31)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Aging Power Infrastructure
5.2.1.2 Growing Investments in Renewable Energy
5.2.1.3 Revival of Investments in the Construction Sector
5.2.2 Restraints
5.2.2.1 Harsh Environmental Conditions
5.2.2.2 Increasing Competition From the Unorganized Sector of the Switchgear Market
5.2.3 Opportunities
5.2.3.1 Execution of Performance-Based Incentive Schemes and Definite Service Programs to Provide Continuous and Hassle-Free Electricity to the End-Users 33
5.2.3.2 Adoption of High Voltage Direct Current (HVDC) Technology
5.2.4 Challenges
5.2.4.1 High Cost of Switchgear
5.2.4.2 Stringent Environmental and Safety Regulations for Sulfur Hexafluoride (SF6) Switchgears
5.3 Switchgear: Codes and Regulations
6 Switchgear Market, By Insulation (Page No. - 41)
6.1 Introduction
6.2 GIS
6.2.1 Asia Pacific is the Largest GIS Market
6.3 AIS
6.3.1 Asia Pacific is Expected to Grow at the Fastest CAGR From 2019 to 2024
7 Switchgear Market, By Installation (Page No. - 45)
7.1 Introduction
7.2 Indoor Switchgear
7.2.1 The Renewable Sector is Assisting the Growth of Indoor Switchgears
7.3 Outdoor Switchgear
7.3.1 A High Voltage Switchgear is Mainly Installed Outdoor
8 Switchgear Market, By End-User (Page No. - 49)
8.1 Introduction
8.2 T&D Utilities
8.2.1 T&D Utilities Segment is Responsible for Power Generation, Transmission, and Distribution of Electricity
8.3 Industries
8.3.1 Switchgear is Used in Various Industries Such as Oil & Gas, Steel & Aluminum, Chemical, Mining, and Textile
8.4 Commercial & Residential
8.4.1 Demand for Commercial & Residential Switchgears is Increasing Owing to Infrastructural Developments in Countries With High Urbanization Rates
8.5 Others
8.5.1 The Others End-User Segment Includes Power Generation, Transportation, Marine, and Offshore Applications
9 Switchgear Market, By Voltage (Page No. - 55)
9.1 Introduction
9.2 <1 kV
9.2.1 Asia Pacific is the Largest Market for <1 kV Switchgear
9.3 1-36 kV
9.3.1 Increasing Power Distribution Infrastructure in APAC is Driving the Demand for Switchgears in This Segment
9.4 36-72.5 kV
9.4.1 Renewable Power Transmission and Medium Voltage Sub-Stations Would Directly Propel the Demand for 36-72.5 kV Voltage Switchgears in the Coming Years
9.5 >72.5 kV
9.5.1 Increasing T&D Infrastructure in APAC as Well as Replacement of Aging Sub-Station Infrastructure in North America and Europe are the Main Drivers for This Segment
10 Switchgear Market, By Region (Page No. - 62)
10.1 Introduction
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Increasing Investment in Digital Substation and Switchgear is Expected to Drive the Chinese Switchgear Market
10.2.2 India
10.2.2.1 GIS Segment is Expected to Dominate the Indian Switchgear Market
10.2.3 Japan
10.2.3.1 Strong Emphasis on Energy Efficiency and Security Through Smart Grids is Expected to Drive the Japanese Switchgear Market
10.2.4 Australia
10.2.4.1 Rising Investment in Renewables, Distribution Infrastructure, and Connectivity Will Drive the Australian Switchgear Market
10.2.5 Rest of Asia Pacific
10.2.5.1 Indonesia, Singapore, and Malaysia are Expected to Lead the Rest of Asia Pacific Market
10.3 North America
10.3.1 US
10.3.1.1 Large Planned Capex in Power Generation Infrastructure Will Drive the US Switchgear Market
10.3.2 Canada
10.3.2.1 GIS Segment is Expected to Be the Fastest Growing Market in Canada
10.3.3 Mexico
10.3.3.1 Investments in Electric Power Infrastructure and Smart Grid Have Created Opportunity for the Mexican Switchgear Market
10.4 Europe
10.4.1 Germany
10.4.1.1 Investments in Renewables, Government Focus on Energy Efficiency, and Replacement Opportunity for Aging Infrastructure are Major Factors Contributing to the Growth of the German Switchgear Market
10.4.2 UK
10.4.2.1 GIS Segment is Expected to Dominate the UK Switchgear Market
10.4.3 Russia
10.4.3.1 Strong Investment in T&D Infrastructure is Expected to Drive the Russian Switchgear Market
10.4.4 France
10.4.4.1 Utilities Segment is Expected to Dominate the French Switchgear Market
10.4.5 Rest of Europe
10.4.5.1 Italy and Spain are Expected to Lead the Rest of Europe Market
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.1.1 GIS Segment is Expected to Be the Fastest Growing Market in Saudi Arabia
10.5.2 UAE
10.5.2.1 Utilities Segment is Expected to Dominate the UAE Switchgear Market
10.5.3 Kuwait
10.5.3.1 Strong Investment in Power Generation and Distribution is Likely to Drive the Kuwaiti Switchgear Market
10.5.4 South Africa
10.5.4.1 Rising Investment in Power Capacity Addition and Energy Efficiency Will Drive the South African Switchgear Market
10.5.5 Rest of Middle East & Africa
10.5.5.1 Qatar, Nigeria, and Algeria are Expected to Drive the Rest of the Middle East & Africa Market
10.6 South America
10.6.1 Brazil
10.6.1.1 GIS Segment is Expected to Dominate the Brazilian Switchgear Market
10.6.2 Argentina
10.6.2.1 Utilities Segment Will Dominate the Argentinian Switchgear Market
10.6.3 Rest of South America
10.6.3.1 Ecuador, Bolivia, Uruguay, and Chile are Expected to Lead the Rest of South America Market
11 Competitive Landscape (Page No. - 92)
11.1 Overview
11.2 Competitive Leadership Mapping, 2018
11.2.1 Visionary Leaders
11.2.2 Innovators
11.2.3 Dynamic
11.2.4 Emerging
11.3 Market Share Analysis, 2018
11.4 Competitive Scenario
11.4.1 New Product Launches
11.4.2 Contracts & Agreements
11.4.3 Mergers & Acquisitions
11.4.4 Investments & Expansions
11.4.5 Others
12 Company Profiles (Page No. - 102)
(Overview, Products Offered, Recent Developments, MnM View)*
12.1 ABB
12.2 Hyosung
12.3 CG Power and Industrial Solutions
12.4 Hitachi
12.5 Hyundai
12.6 Schneider
12.7 Siemens
12.8 Eaton
12.9 GE
12.10 Toshiba
12.11 Mitsubishi
12.12 Powell
12.13 Larsen & Toubro
12.14 Elektrobudowa
12.15 Lucy Electric
12.16 SEL
12.17 Fuji Electric
12.18 Hubbell
*Details on Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.
13 Appendix (Page No. - 154)
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details
List of Tables (74 Tables)
Table 1 Electrical Equipment Market Size, Investment in T&D, and Key End-User Growth Rate are the Determining Factors for the Global Switchgear Market
Table 2 Switchgear Market Snapshot
Table 3 Solar and Wind Renewable Energy Targets By Major Countries
Table 4 Switchgear Market Size, By Insulation, 20172024 (USD Billion)
Table 5 GIS: Switchgear Market Size, By Region, 20172024 (USD Billion)
Table 6 AIS: Market Size, By Region, 20172024 (USD Billion)
Table 7 Global Market Size, By Installation, 20172024 (USD Million)
Table 8 Indoor: Market Size, By Region, 20172024 (USD Mllion)
Table 9 Outdoor: Market Size, By Region, 20172024 (USD Mllion)
Table 10 Switchgear Market Size, By End-User, 20172024 (USD Billion)
Table 11 T&D Utilities: Market Size, By Region, 20172024 (USD Billion)
Table 12 Industries: Market Size, By Region, 20172024 (USD Billion)
Table 13 Commercial & Residential: Market Size, By Region, 20172024 (USD Billion)
Table 14 Others: Market Size, By Region, 20172024 (USD Billion)
Table 15 Switchgear Market Size, By Voltage, 20172024 (USD Billion)
Table 16 <1 kV: Market Size, By Region, 20172024 (USD Billion)
Table 17 <1 kV: Market Size, By Region, 20172024 (Units Million)
Table 18 1-36 kV: Market Size, By Region, 20172024 (USD Billion)
Table 19 1-36 kV: Market Size, By Region, 20172024 (Units Thousand)
Table 20 36-72.5 kV: Market Size, By Region, 20172024 (USD Billion)
Table 21 36-72.5 kV: Market Size, By Region, 20172024 (Units Thousand)
Table 22 >72.5 kV: Market Size, By Region, 20172024 (USD Billion)
Table 23 >72.5 kV: Market Size, By Region, 20172024 (Switchgear Bays)
Table 24 72.5-150 kV: Market Size, By Region, 20172024 (Units)
Table 25 150-400 kV: Market Size, By Region, 20172024 (Units)
Table 26 >400 kV: Market Size, By Region, 20172024 (Units)
Table 27 Switchgear Market Size, By Region, 20172024 (USD Billion)
Table 28 Asia Pacific: Market Size, By Country, 20172024 (USD Billion)
Table 29 Asia Pacific: Market Size, By Insulation, 20172024 (USD Billion)
Table 30 Asia Pacific: Market Size, By Installation, 20172024 (USD Billion)
Table 31 Asia Pacific: Market Size, By End-User, 20172024 (USD Billion)
Table 32 Asia Pacific: Market Size, By Voltage, 20172024 (USD Billion)
Table 33 China: Market Size, By End-User, 20172024 (USD Million)
Table 34 India: Market Size, By End-User, 20172024 (USD Million)
Table 35 Japan: Market Size, By End-User, 20172024 (USD Million)
Table 36 Australia: Market Size, By End-User, 20172024 (USD Million)
Table 37 Rest of Asia Pacific: Market Size, By End-User, 20172024 (USD Million)
Table 38 North America: Switchgear Market Size, By Country, 20172024 (USD Billion)
Table 39 North America: Market Size, By Insulation, 20172024 (USD Billion)
Table 40 North America: Market Size, By Installation, 20172024 (USD Billion)
Table 41 North America: Market Size, By End-User, 20172024 (USD Billion)
Table 42 North America: Market Size, By Voltage, 20172024 (USD Billion)
Table 43 US: Switchgear Market Size, By End-User, 20172024 (USD Million)
Table 44 Canada: Market Size, By End-User, 20172024 (USD Million)
Table 45 Mexico: Market Size, By End-User, 20172024 (USD Million)
Table 46 Europe: Market Size, By Country, 20172024 (USD Billion)
Table 47 Europe: Market Size, By Insulation, 20172024 (USD Billion)
Table 48 Europe: Market Size, By Installation, 20172024 (USD Billion)
Table 49 Europe: Market Size, By End-User, 20172024 (USD Billion)
Table 50 Europe: Market Size, By Voltage, 20172024 (USD Billion)
Table 51 Germany: Switchgear Market Size, By End-User, 20172024 (USD Million)
Table 52 UK: Market Size, By End-User, 20172024 (USD Million)
Table 53 Russia: Market Size, By End-User, 20172024 (USD Million)
Table 54 France: Market Size, By End-User, 20172024 (USD Million)
Table 55 Rest of Europe: Market Size, By End-User, 20172024 (USD Million)
Table 56 Middle East & Africa: Switchgear Market Size, By Country, 20172024 (USD Billion)
Table 57 Middle East & Africa: Market Size, By Insulation, 20172024 (USD Billion)
Table 58 Middle East & Africa: Market Size, By Installation, 20172024 (USD Billion)
Table 59 Middle East & Africa: Market Size, By End-User, 20172024 (USD Billion)
Table 60 Middle East & Africa: Market Size, By Voltage, 20172024 (USD Billion)
Table 61 Saudi Arabia: Market Size, By End-User, 20172024 (USD Million)
Table 62 UAE: Switchgear Market Size, By End-User, 20172024 (USD Million)
Table 63 Kuwait: Market Size, By End-User, 20172024 (USD Million)
Table 64 South Africa: Market Size, By End-User, 20172024 (USD Million)
Table 65 Rest of Middle East & Africa: Market Size, By End-User, 20172024 (USD Million)
Table 66 South America: Switchgear Market Size, By Country, 20172024 (USD Billion)
Table 67 South America: Market Size, By Insulation, 20172024 (USD Billion)
Table 68 South America: Market Size, By Installation 20172024 (USD Billion)
Table 69 South America: Market Size, By End-User, 20172024 (USD Billion)
Table 70 South America: Market Size, By Voltage, 20172024 (USD Billion)
Table 71 Brazil: Switchgear Market Size, By End-User, 20172024 (USD Million)
Table 72 Argentina: Switchgear Market Size, By End-User, 20172024 (USD Million)
Table 73 Rest of South America: Switchgear Market Size, By End-User, 20172024 (USD Million)
Table 74 Developments By Key Players in the Market, January 2016 May 2019
List of Figures (41 Figures)
Figure 1 Switchgear Market
Figure 2 Asia Pacific Dominated the Switchgear Market in 2018
Figure 3 GIS Segment is Expected to Hold the Largest Share During the Forecast Period
Figure 4 Indoor Segment is Expected to Lead the Market During the Forecast Period
Figure 5 T&D Utilities Segment is Expected to Lead the Switchgear Market During the Forecast Period
Figure 6 High Voltage Segment is Expected to Lead the Market During the Forecast Period
Figure 7 Demand for Safe and Secure Electrical Distribution Systems is Driving the Switchgear Market, 20192024
Figure 8 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 9 High Voltage and China Dominated the Asia Pacific Switchgear Market in 2018
Figure 10 GIS Segment Dominated the Market in 2018
Figure 11 Indoor Segment, By Installation, Dominated the Switchgear Market in 2018
Figure 12 T&D Utilities Segment, By End-User, Dominated the Market, 2018
Figure 13 Switchgear Market: Drivers, Restraints, Opportunities, & Challenges
Figure 14 GIS Segment Leads the Market, By Insulation, in 2018
Figure 15 Indoor Segment is Expected to Lead the Market During the Forecast Period
Figure 16 Switchgear Market, By End-User, 20172024 (USD Billion)
Figure 17 >72.5 kV Segment is Expected to Lead the Switchgear Market From 2019 to 2024
Figure 18 Regional Snapshot: Asia Pacific Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 19 Switchgear Market Share (Value), By Region, 2018
Figure 20 Asia Pacific: Regional Snapshot
Figure 21 Europe: Regional Snapshot
Figure 22 Key Developments in the Switchgear Market, 20162019
Figure 23 Competitive Leadership Mapping (Overall Market)
Figure 24 Competitive Leadership Mapping (Start-Up/Smse)
Figure 25 Market Share Analysis, 2018
Figure 26 ABB: Company Snapshot
Figure 27 Hyosung: Company Snapshot
Figure 28 CG Power and Industrial Solutions: Company Snapshot
Figure 29 Hitachi: Company Snapshot
Figure 30 Hyundai: Company Snapshot
Figure 31 Schneider: Company Snapshot
Figure 32 Siemens: Company Snapshot
Figure 33 Eaton: Company Snapshot
Figure 34 GE: Company Snapshot
Figure 35 Toshiba: Company Snapshot
Figure 36 Mitsubishi: Company Snapshot
Figure 37 Powell: Company Snapshot
Figure 38 Larsen & Toubro: Company Snapshot
Figure 39 Elektrobudowa: Company Snapshot
Figure 40 Fuji Electric: Company Snapshot
Figure 41 Hubbell: Company Snapshot
This study involved 4 major activities in estimating the current market size of the switchgear market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were used to estimate the total market size. Thereafter, the market breakdown and data triangulation were done to estimate the market size of the segments and subsegments.
Secondary Research
This research study involved the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the global switchgear market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Primary Research
The switchgear market comprises several stakeholders, such as end-product manufacturers and end-users in the supply chain. The demand side of this market is characterized by its end-users such as T&D utilities, industries, commercial & residential, and others. The supply side is characterized by Original Equipment Manufacturers (OEM), raw material providers, and others. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is given below:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the size of the global switchgear market and its dependent submarkets. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and market have been identified through extensive secondary research and their market shares in the respective regions have been determined through both primary and secondary research.
- The industrys supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both demand and supply sides, in the T&D utilities, industries, commercial & residential, and other sectors.
Report Objectives
- To define, describe, and forecast the global switchgear market by insulation, installation, end-user, voltage, and region
- To provide detailed information on the major factors influencing the growth of the switchgear market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the switchgear market with respect to individual growth trends, prospects, and contribution of each segment to the market
- To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders
- To forecast the growth of the switchgear market with respect to major regions (Asia Pacific, Europe, North America, South America, and the Middle East and Africa)
- To strategically profile key players and comprehensively analyze their market rankings and core competencies
- To track and analyze the competitive developments such as contracts & agreements, investments and expansions, new product developments, mergers & acquisitions, and partnerships in the switchgear market
Scope of the Report
|
Report Metric |
Details |
|
Market Size available for years |
20172024 |
|
Base year considered |
2018 |
|
Forecast period |
20192024 |
|
Forecast units |
Value (USD) |
|
Segments covered |
Insulation, Installation, End User, Voltage, and Region |
|
Geographies covered |
Asia Pacific, North America, Europe, the Middle East & Africa, and South America. |
|
Companies covered |
Eaton (Ireland), General Electric (US), Schneider Electric (France), Siemens (Germany), ABB (Switzerland), Hyosung, Hyundai (South Korea), CG Power (India), Hitachi (Japan), Toshiba (Japan), Mitsubishi (Japan), Powell (US), Larsen & Toubro (India), Elektrobudowa (Poland), Hubbell (US), Lucy Electric (UK), SEL (Italy), and Fuji Electric (Japan) |
This research report categorizes the switchgear market based on insulation, installation, end user, voltage, and region.
On the basis of insulation, the switchgear market has been segmented as follows:
- GIS
- AIS
On the basis of installation, the switchgear market has been segmented as follows:
- Indoor
- Outdoor
On the basis of end user, the switchgear market has been segmented as follows:
- T&D Utilities
- Industries
- Commercial & Residential
- Others (power generation, transportation, marine, and offshore application)
On the basis of voltage, the switchgear market has been segmented as follows:
- Low
- Medium
- High
On the basis of region, the switchgear market has been segmented as follows:
- Asia Pacific
- North America
- Europe
- Middle East & Africa
- South America
Available Customizations:
With the given market data, MarketsandMarkets offers customizations as per the clients specific needs. The following customization options are available for this report:
Regional Analysis
- Further breakdown of region or country-specific analysis
Company Information
- Detailed analyses and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Switchgear Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Switchgear Market