Switchgear Market

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

Report Code: EP 3021 May, 2019, by marketsandmarkets.com

[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.

Switchgear Market

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.

Switchgear Market

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, 2017–2024 (USD Billion)
Table 5 GIS: Switchgear Market Size, By Region, 2017–2024 (USD Billion)
Table 6 AIS: Switchgear Market Size, By Region, 2017–2024 (USD Billion)
Table 7 Global Switchgear Market Size, By Installation, 2017–2024 (USD Million)
Table 8 Indoor: Switchgear Market Size, By Region, 2017–2024 (USD Mllion)
Table 9 Outdoor: Switchgear Market Size, By Region, 2017–2024 (USD Mllion)
Table 10 Switchgear Market Size, By End-User, 2017–2024 (USD Billion)
Table 11 T&D Utilities: Switchgear Market Size, By Region, 2017–2024 (USD Billion)
Table 12 Industries: Switchgear Market Size, By Region, 2017–2024 (USD Billion)
Table 13 Commercial & Residential: Switchgear Market Size, By Region, 2017–2024 (USD Billion)
Table 14 Others: Switchgear Market Size, By Region, 2017–2024 (USD Billion)
Table 15 Switchgear Market Size, By Voltage, 2017–2024 (USD Billion)
Table 16 <1 kV: Switchgear Market Size, By Region, 2017–2024 (USD Billion)
Table 17 <1 kV: Switchgear Market Size, By Region, 2017–2024 (Units Million)
Table 18 1-36 kV: Switchgear Market Size, By Region, 2017–2024 (USD Billion)
Table 19 1-36 kV: Switchgear Market Size, By Region, 2017–2024 (Units Thousand)
Table 20 36-72.5 kV: Switchgear Market Size, By Region, 2017–2024 (USD Billion)
Table 21 36-72.5 kV: Switchgear Market Size, By Region, 2017–2024 (Units Thousand)
Table 22 >72.5 kV: Switchgear Market Size, By Region, 2017–2024 (USD Billion)
Table 23 >72.5 kV: Switchgear Market Size, By Region, 2017–2024 (Switchgear Bays)
Table 24 72.5-150 kV: Switchgear Market Size, By Region, 2017–2024 (Units)
Table 25 150-400 kV: Switchgear Market Size, By Region, 2017–2024 (Units)
Table 26 >400 kV: Switchgear Market Size, By Region, 2017–2024 (Units)
Table 27 Switchgear Market Size, By Region, 2017–2024 (USD Billion)
Table 28 Asia Pacific: Switchgear Market Size, By Country, 2017–2024 (USD Billion)
Table 29 Asia Pacific: Switchgear Market Size, By Insulation, 2017–2024 (USD Billion)
Table 30 Asia Pacific: Switchgear Market Size, By Installation, 2017–2024 (USD Billion)
Table 31 Asia Pacific: Switchgear Market Size, By End-User, 2017–2024 (USD Billion)
Table 32 Asia Pacific: Switchgear Market Size, By Voltage, 2017–2024 (USD Billion)
Table 33 China: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 34 India: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 35 Japan: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 36 Australia: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 37 Rest of Asia Pacific: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 38 North America: Switchgear Market Size, By Country, 2017–2024 (USD Billion)
Table 39 North America: Switchgear Market Size, By Insulation, 2017–2024 (USD Billion)
Table 40 North America: Switchgear Market Size, By Installation, 2017–2024 (USD Billion)
Table 41 North America: Switchgear Market Size, By End-User, 2017–2024 (USD Billion)
Table 42 North America: Switchgear Market Size, By Voltage, 2017–2024 (USD Billion)
Table 43 US: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 44 Canada: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 45 Mexico: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 46 Europe: Switchgear Market Size, By Country, 2017–2024 (USD Billion)
Table 47 Europe: Switchgear Market Size, By Insulation, 2017–2024 (USD Billion)
Table 48 Europe: Switchgear Market Size, By Installation, 2017–2024 (USD Billion)
Table 49 Europe: Switchgear Market Size, By End-User, 2017–2024 (USD Billion)
Table 50 Europe: Switchgear Market Size, By Voltage, 2017–2024 (USD Billion)
Table 51 Germany: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 52 UK: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 53 Russia: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 54 France: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 55 Rest of Europe: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 56 Middle East & Africa: Switchgear Market Size, By Country, 2017–2024 (USD Billion)
Table 57 Middle East & Africa: Switchgear Market Size, By Insulation, 2017–2024 (USD Billion)
Table 58 Middle East & Africa: Switchgear Market Size, By Installation, 2017–2024 (USD Billion)
Table 59 Middle East & Africa: Switchgear Market Size, By End-User, 2017–2024 (USD Billion)
Table 60 Middle East & Africa: Switchgear Market Size, By Voltage, 2017–2024 (USD Billion)
Table 61 Saudi Arabia: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 62 UAE: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 63 Kuwait: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 64 South Africa: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 65 Rest of Middle East & Africa: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 66 South America: Switchgear Market Size, By Country, 2017–2024 (USD Billion)
Table 67 South America: Switchgear Market Size, By Insulation, 2017–2024 (USD Billion)
Table 68 South America: Switchgear Market Size, By Installation 2017–2024 (USD Billion)
Table 69 South America: Switchgear Market Size, By End-User, 2017–2024 (USD Billion)
Table 70 South America: Switchgear Market Size, By Voltage, 2017–2024 (USD Billion)
Table 71 Brazil: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 72 Argentina: Switchgear Market Size, By End-User, 2017–2024 (USD Million)
Table 73 Rest of South America: Switchgear Market Size, By End-User, 2017–2024 (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 Switchgear 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 Switchgear Market During the Forecast Period
Figure 7 Demand for Safe and Secure Electrical Distribution Systems is Driving the Switchgear Market, 2019–2024
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 Switchgear 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 Switchgear Market, 2018
Figure 13 Switchgear Market: Drivers, Restraints, Opportunities, & Challenges
Figure 14 GIS Segment Leads the Switchgear 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, 2017–2024 (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, 2016–2019
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 Hoover’s, 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:

Switchgear Market

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 industry’s 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

2017–2024

Base year considered

2018

Forecast period

2019–2024

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 client’s 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)
Report Code
EP 3021
Published ON
May, 2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • 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
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • 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
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home