Switchgear Monitoring System Market by Switchgear Type (Gas-insulated, Air-insulated), Voltage (Low, Medium, and High and Extra High), End User (Utilities, Industrial, Commercial, Residential), Component, Service, and Region - Global Forecast to 2030

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USD3.22 BN
MARKET SIZE, 2030
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CAGR 8.2%
(2025-2030)
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250+
REPORT PAGES
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240+
MARKET TABLES

OVERVIEW

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The global switchgear monitoring system market is projected to grow at a CAGR of 8.2% between 2025 and 2030, as the industry is estimated to reach USD 2.17 billion from 2025 to USD 3.22 billion by 2030. The switchgear monitoring system market is experiencing steady expansion, driven by the growing emphasis on power quality and reliability in response to rising demand for continuous and uninterrupted power supply. This growth is further supported by heightened concerns surrounding the safety and efficient operation of electrical equipment. The need for advanced monitoring systems has become critical as global power grids face increasing strain from expanding urban infrastructure, industrial automation, and the integration of renewable energy sources. These systems can detect fault conditions, including overheating, insulation degradation, and partial discharges, thereby preventing unexpected outages, reducing maintenance costs, and extending the lifespan of switchgear assets.

KEY TAKEAWAYS

  • BY SWITCHGEAR TYPE
    The switchgear monitoring system market is segmented by type into gas-insulated switchgear and air-insulated switchgear. The gas-insulated switchgear type leads due to its compact design, high reliability, and suitability for high-voltage applications in space-bound areas. It is also safer, requires less maintenance, and is more durable when exposed to extreme environmental conditions compared to air-insulated switchgear.
  • BY END USER
    The switchgear monitoring system market is segmented by end user into utilities, industrial, and commercial. Utilities is expected to lead the market due to the increasing demand for reliable power supply, grid modernization, and predictive maintenance. From a stability and efficiency perspective, switchgear monitoring systems are becoming increasingly common in utility infrastructure, such as substations, transmission lines, and distribution networks.
  • BY COMPONENT
    Based on component, the switchgear monitoring system market is segmented into hardware and software. The hardware segment holds the largest market share because sensors, control units, communication modules, and other physical monitoring devices form the core infrastructure for real-time condition monitoring.
  • BY SERVICE
    Services in the switchgear monitoring system market include partial discharge monitoring, gas monitoring, temperature monitoring, and other services. Temperature monitoring is expected to be the fastest-growing service segment, as overheating is one of the most common causes of switchgear failures, often leading to insulation breakdown, arcing, or fire hazards. Continuous temperature monitoring enables early detection of hotspots, improving equipment reliability and reducing unplanned outages.
  • BY VOLTAGE
    The switchgear monitoring systems market is segmented by voltage into the low, medium, and high & extra-high segments. The high & extra-high segment is expected to be the largest as these systems are mainly used in transmission and large-scale industrial applications, where reliability and safety are critical. High & extra-high voltage switchgear operate under very high loads, and even small failures can cause widespread blackouts, equipment damage, or safety risks. This encourages utilities and industries to adopt advanced monitoring solutions to ensure continuous power flow and reduce downtime.
  • BY REGION
    The switchgear monitoring system market covers North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is expected to be the largest region for the switchgear monitoring system market, driven by rapid industrialization, urbanization, and a significant increase in electricity demand. Massive investments in power infrastructure development, grid modernization, and renewable energy integration are prompting utilities and industries in the region to adopt advanced switchgear monitoring systems for improved reliability and operational efficiency. Additionally, several large-scale manufacturing facilities and expanding metro and rail projects are boosting the need for continuous power monitoring and fault detection solutions.
  • COMPETITIVE LANDSCAPE
    The market players are using organic and inorganic strategies such as partnerships, acquisition and investments to strengthen their positions. Companies such as Siemens have formed partnerships to meet the rising demand for switchgear monitoring in innovative applications.

The switchgear monitoring system market is growing at a robust pace owing to the increased need for reliable power distribution and high-performance monitoring systems in the utilities sector. Switchgear monitoring systems offer real-time diagnostics, enhanced safety, and streamlined maintenance capabilities, making them suitable for a wide range of applications, including substations, transmission lines, smart grid infrastructure, and industrial power systems. This versatility underscores their broad utility across various sectors. The global transition toward a more sustainable energy future, coupled with the enforcement of stricter energy regulations, is accelerating the replacement of outdated infrastructure with advanced switchgear surveillance systems. Technological advancements and the declining cost of monitoring equipment are making these systems increasingly affordable and accessible. The growing adoption of smart technologies and automation is expanding their scope of application. The combination of operational efficiency, innovation, and regulatory compliance is fueling steady global market growth.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

An increase in demand for improved reliability through the early detection of failure and the avoidance of unplanned outages is expected to drive the switchgear monitoring system market. Furthermore, increasing investments in smart grid technologies and replacing aging infrastructure to enhance grid efficiency are likely to create lucrative growth opportunities for the switchgear monitoring system market.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Strengthened power distribution infrastructure
  • Rising use of electric distribution and transmission systems powered by renewable energy sources
RESTRAINTS
Impact
Level
  • High installation cost
  • Integration and cybersecurity-related challenges
OPPORTUNITIES
Impact
Level
  • Growing deployment of smart grids
  • Expansion of renewable energy infrastructure
CHALLENGES
Impact
Level
  • Inadequate data storage and management concerns
  • Susceptibility of switchgear monitoring systems to cyber threats

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Rising use of electric distribution and transmission systems powered by renewable energy sources

The trend toward renewable energy worldwide is considerably changing the tectonic of power generation and distribution centers. Since solar, wind, and hydroelectric power generation have increased in popularity, a complementary movement exists to develop and upgrade electric transmission and distribution systems to surgically direct the distribution of fluctuating and distributed energy. Renewable sources produce intermittent and variable quantities of electricity that may burden conventional grids and raise the potential for overflows, malfunctions, and inefficiencies. This markets the highly desired intelligent switching gear monitoring systems that could provide real-time data and anomaly detection, and facilitate automated grid protection systems that enhance stable power quality and support a reliable power supply.

Restraint: High installation cost

The high cost of deploying switchgear monitoring systems is a key restraint limiting their adoption, especially in developing regions. These systems require advanced hardware, such as sensors for temperature, SF6 gas levels, and partial discharge detection, along with sophisticated software platforms for real-time analytics and predictive maintenance. Beyond the core equipment, the total cost includes software licensing, IT testing, system integration, project management, and staff training, which collectively drive up initial investment. For many utilities and industrial players, especially those operating on constrained budgets, the return on investment is not immediately evident, making them hesitant to shift from traditional maintenance methods.

Opportunity: Expansion in renewable energy

The global expansion of renewable energy infrastructure, particularly in solar, wind, and hydro power, is creating significant growth opportunities for the switchgear monitoring system market. In renewable energy systems, real-time monitoring solutions must offer high reliability to manage variable power generation, ensure grid stability, and prevent equipment failures. As switchgear plays a critical role in isolating and protecting electrical circuits in these installations, there is a rising demand for intelligent monitoring systems capable of detecting issues such as overheating, partial discharges, and insulation degradation before they lead to costly downtime. The integration of distributed energy resources (DERs), battery storage systems, and microgrids into existing power grids further increases the complexity of power distribution. This added complexity necessitates more advanced switchgear monitoring to enable improved control, predictive maintenance, and optimized system performance. According to the International Renewable Energy Agency (IRENA), renewable energy capacity is expected to grow by over 70% by 2030. This surge will drive strong demand for digital grid infrastructure, including real-time switchgear monitoring solutions.

Challenge: Inadequate data storage and management concerns

Despite their critical role, switchgear monitoring systems often face challenges related to data storage and management. Effective data management is essential to ensuring the reliability and optimal performance of switchgear assets within the power grid. Inadequate or incomplete data can hinder the effectiveness of condition monitoring, health assessments, and preventive maintenance strategies. To address these limitations, it is necessary to implement robust data storage and management systems that enable continuous monitoring and routine evaluation of switchgear performance. One viable solution involves deploying intelligent switchgear equipped with advanced capabilities for data processing, storage, and visualization. These systems can collect and retain sensor-generated data, allowing for comprehensive analysis to identify patterns and trends that may lead to unexpected downtime. Additionally, non-contact temperature sensing technologies, such as infrared (IR) sensors and thermal imaging cameras, can enhance condition assessment efforts. These tools allow for periodic and accurate temperature measurements within switchgear, providing critical insights that support predictive maintenance and system reliability.

Switchgear Monitoring System Market: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Temperature monitoring of Low and Medium Voltage (LV & MV) switchgear using wireless SAW (Surface Acoustic Wave) sensors at a large petrochemical operation Real-time continuous temperature monitoring, non-intrusive and wireless sensors, high sensor lifespan, reduced risk of arc-flash, improved safety, savings from avoiding failures and downtime
Modular Switchgear Monitoring (MSM) solution deployed for high-voltage switchgear in new installations and retrofits Improved reliability and reduction in unplanned downtime, earlier warnings allow maintenance planning, enhanced diagnostic data speeds repairs, better regulatory/environmental compliance by detecting SF6 leaks
Partial Discharge (PD)/On-line condition monitoring in MV (Medium Voltage) switchgear Early detection of faults, reduced risk of failure, maintenance schedule, lowers cost of unexpected outages

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MARKET ECOSYSTEM

The switchgear monitoring system market ecosystem includes various key participants such as raw material suppliers, manufacturers, distributors, end users, and after-sales maintenance service providers. The main end users of the switchgear monitoring system are found in the utilities, industrial, commercial, and residential sectors. This list is not exhaustive but is provided to illustrate the primary players involved in the market.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Switchgear Monitoring System Market, By Switchgear Type

The switchgear type of the switchgear monitoring system is bifurcated into gas-filtration and air-filtration. Air-insulated switchgear utilizes air as the primary insulation medium, making it highly suitable for low- and medium-voltage applications. It is widely adopted due to its cost-effectiveness, environmentally friendly nature, simple design, and ease of maintenance. Gas-insulated switchgear is a more compact and efficient solution, typically encapsulated in metal enclosures filled with insulating gases such as sulfur hexafluoride (SF6) or a mixture of SF6 with other gases. GIS provides superior insulation performance, reliability, and safety, especially for high- and extra-high-voltage applications, making it indispensable for modern transmission and distribution networks.

Switchgear Monitoring System Market, By Component

The switchgear monitoring system market by component includes hardware and software. Hardware forms the backbone of switchgear monitoring systems, comprising sensors, measuring instruments, transmitters, and controllers that enable the collection and transfer of critical operational data. These devices are widely deployed across industries, utilities, and commercial applications to monitor system health and performance in real time. However, as the volume of collected data grows significantly, the role of software becomes increasingly critical. Advanced analytics, AI-driven insights, and real-time dashboards provided by software solutions enable operators to process, manage, and interpret hardware data, facilitating predictive maintenance, faster fault detection, and improved operational efficiency. Consequently, hardware dominates the market in terms of share, while software is the fastest-growing segment due to rising digitalization and the integration of IoT-enabled platforms.

Switchgear Monitoring System Market, By End User

The end user segment of the switchgear monitoring system market is divided into utilities, industrial, commercial, and other end users. Utilities are undergoing substantial transformations as they integrate renewables and distributed energy sources such as wind generating units, battery storage, and combined heat and power. Switchgear monitoring systems ensure an efficient and uninterrupted power supply across various industries, including manufacturing, marine, oil & gas, mining, aviation, cement, aluminum, iron and steel, and automobile and chemicals. Switchgear monitoring systems are integral to diverse commercial settings, including hotels, malls, hospitals, and other expansive structures. Within commercial complexes and large buildings, switchgear is pivotal in supplying, safeguarding, and controlling power for essential functions such as heating, lighting, and air conditioning systems. Other end users, such as railway traction systems, metro rail networks, high-speed locomotives, and the residential segment, operate on different electrical supply standards.

Switchgear Monitoring System Market, By Service

The service segment includes partial discharge monitoring, gas monitoring, temperature monitoring, and other services. Partial discharge monitoring is essential as undetected discharges can cause insulation breakdown, leading to electrical arcing, equipment damage, or system failures. Gas monitoring plays an important role, particularly in enclosed environments, by detecting harmful gases and ensuring compliance with safety standards. It also helps manage SF6 and other insulating gases used in GIS applications. Temperature monitoring is emerging as the fastest-growing service, as switchgear operational temperature is directly linked to asset longevity and reliability. High temperatures accelerate insulation degradation and increase the risk of failure, making temperature monitoring crucial for extending equipment life and preventing costly outages. Other services, including humidity, load, and fault monitoring, complement these systems by ensuring optimal performance and reducing downtime.

Switchgear Monitoring System Market, By Voltage

The voltage segment includes low, medium, and high & extra high. Switchgear systems are designed to enhance the performance, safety, and reliability of electrical distribution systems operating at lower voltage levels. The main advantages of these systems are the avoidance of unplanned outages, reduced repair costs, improved switchgear availability, and a more efficient maintenance strategy. Switchgear monitoring systems monitor devices featuring a medium-voltage range between 1 and 36 kV. They are used by utilities and various end users from industrial and commercial sectors. The main applications of switchgear monitoring systems are to offer electrical protection against overload currents, insulation failure, and emergency switching for residential and commercial infrastructure. Switchgear monitoring systems for high and extra high voltage applications, typically rated above 36 kV, are predominantly gas-insulated and play a critical role in connecting to high-voltage transmission grids.

REGION

Asia Pacific to be fastest-growing region in global switchgear monitoring system market during forecast period

Asia Pacific is projected to be the fastest-growing market, driven by rapid industrialization, increasing investments in smart grid systems, and the rising demand for reliable power distribution. High-performance monitoring applications are particularly critical in emerging economies such as China and India, where the energy and utility sectors continue to evolve. Supportive government policies such as China's Carbon Neutrality 2060 Plan, India's Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya Scheme), and ongoing infrastructure development further encourage the adoption of switchgear monitoring systems across various industries in the region.

Switchgear Monitoring System Market: COMPANY EVALUATION MATRIX

In the switchgear monitoring system market matrix, ABB stands out as a leader due to its strong market presence and extensive product portfolio, which supports large-scale adoption across various industries. The market also comprises a few fragmented players, including regional manufacturers and new entrants in the Asia Pacific, Europe, and North America. Market dynamics are motivated by real-time diagnostics, mounting electrification, favoring renewables, and boasting grid stability and sustainability. Major competitors engage in R&D, strategic alliances, and digital platforms to enhance their presence in this new environment.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET SCOPE

REPORT METRIC DETAILS
Market Size Value in 2024 USD 2.00 Billion
Revenue Forecast in 2030 USD 3.22 Billion
Growth Rate CAGR of 8.2% from 2025–2030
Actual data 2021–2030
Base year 2024
Forecast period 2025–2030
Units considered Value (USD Million), Volume (Units)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors and trends
Segments Covered •       By Switchgear Type: Gas-insulated, Air-insulated
Regional Scope Asia Pacific, Europe, North America, South America, and the Middle East & Africa.

WHAT IS IN IT FOR YOU: Switchgear Monitoring System Market REPORT CONTENT GUIDE

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
U.S.-based Switchgear monitoring system Manufacturer •        Detailed company profiles of competitors (financials, product portfolio)
  • The brushless DC motor market size was across end use industries such as Medical, Aerospace, Defense, and Semiconductor.
  • The brushless DC motor market size was across end use industries such as Medical, Aerospace, Defense, and Semiconductor.
Industry & Application Segmentation •        Comprehensive list of customers with segmentation by end user & switchgear type  
Switchgear monitoring system Manufacturer •        Transformative improvements in efficiency and performance, balancing initial cost challenges with long-term operational and system-level economic advantages  
U.S.-based switchgear monitoring system Raw Material Supplier •        Global & regional production capacity benchmarking  

RECENT DEVELOPMENTS

  • May 2024 : Siemens declared an investment of USD 120 million to increase its manufacturing capacity in India. The plan involves establishing a new power distribution equipment facility in Aurangabad and increasing the capacity of the gas-insulated switchgear (GIS) plant in Goa to address both domestic and export demand.
  • May 2024 : Dynamic Ratings partnered with the National Rural Electric Cooperative Association (NRECA) to enhance community development and knowledge sharing. This collaboration aligns Dynamic Ratings with the values upheld by the cooperative community, reinforcing its commitment to continuous growth. Through its engagement with NRECA, Dynamic Ratings will also gain access to industry expertise that supports the advancement of reliability standards and contributes to the safe and effective management of electric utility systems.
  • March 2024 : Siemens and Maschinenfabrik Reinhausen partnered under the Siemens Xcelerator ecosystem to deliver enhanced asset monitoring solutions combining Siemens’ NXpower Monitor with MR’s ETOS monitoring for power transformers and switchgear.
  • September 2023 : ABB purchased technology transfer there to upgrade the production of UniGear ZS1 medium-voltage switchgear in South Africa. The company plans to strengthen its presence and local manufacturing in the country. Due to the investment, more than 60% of the technology will be locally manufactured and assembled in the country. As a result, the company’s customers will benefit from higher design flexibility, faster accessibility, and decreased costs due to reduced import costs and delivery time.
  • January 2023 : Schneider Electric acquired AVEVA to accelerate the shift toward the subscription-only business model and strengthen end-to-end solutions.

 

Table of Contents

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TITLE
PAGE NO
1
INTRODUCTION
 
 
 
25
2
RESEARCH METHODOLOGY
 
 
 
31
3
EXECUTIVE SUMMARY
 
 
 
44
4
PREMIUM INSIGHTS
 
 
 
49
5
MARKET OVERVIEW
Condition-based services and smart grids drive market shift amid cybersecurity and cost challenges.
 
 
 
53
 
5.1
INTRODUCTION
 
 
 
 
5.2
MARKET DYNAMICS
 
 
 
 
 
5.2.1
DRIVERS
 
 
 
 
 
5.2.1.1
Shift from conventional maintenance methods to condition-based services
 
 
 
 
5.2.1.2
Strengthened power distribution infrastructure
 
 
 
 
5.2.1.3
Rising use of electric distribution and transmission systems powered by renewable energy sources
 
 
 
5.2.2
RESTRAINTS
 
 
 
 
 
5.2.2.1
High installation cost
 
 
 
 
5.2.2.2
Integration- and cybersecurity-related challenges
 
 
 
5.2.3
OPPORTUNITIES
 
 
 
 
 
5.2.3.1
Growing deployment of smart grids
 
 
 
 
5.2.3.2
Expansion of renewable energy infrastructure
 
 
 
5.2.4
CHALLENGES
 
 
 
 
 
5.2.4.1
Inadequate data storage and management concerns
 
 
 
 
5.2.4.2
Susceptibility of switchgear monitoring systems to cyber threats
 
 
5.3
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
5.4
ECOSYSTEM ANALYSIS
 
 
 
 
 
5.5
VALUE CHAIN ANALYSIS
 
 
 
 
 
5.6
TECHNOLOGY ANALYSIS
 
 
 
 
 
5.6.1
KEY TECHNOLOGIES
 
 
 
 
5.6.2
ADJACENT TECHNOLOGIES
 
 
 
5.7
PRICING ANALYSIS
 
 
 
 
 
 
5.7.1
AVERAGE SELLING PRICE TREND OF SWITCHGEAR TYPES, 2021–2024
 
 
 
 
5.7.2
AVERAGE SELLING PRICE TREND OF SWITCHGEAR MONITORING SYSTEMS, BY REGION, 2021–2024
 
 
 
5.8
TARIFFS AND REGULATORY LANDSCAPE
 
 
 
 
 
5.8.1
TARIFF ANALYSIS (HS 853590)
 
 
 
 
5.8.2
REGULATORY LANDSCAPE
 
 
 
 
5.8.3
GLOBAL STANDARDS
 
 
 
5.9
TRADE ANALYSIS
 
 
 
 
 
 
5.9.1
IMPORT SCENARIO (HS CODE-853590)
 
 
 
 
5.9.2
EXPORT SCENARIO (HS CODE-853590)
 
 
 
5.10
PORTER’S FIVE FORCES ANALYSIS
 
 
 
 
 
5.10.1
THREAT OF SUBSTITUTES
 
 
 
 
5.10.2
BARGAINING POWER OF SUPPLIERS
 
 
 
 
5.10.3
BARGAINING POWER OF BUYERS
 
 
 
 
5.10.4
THREAT OF NEW ENTRANTS
 
 
 
 
5.10.5
INTENSITY OF COMPETITIVE RIVALRY
 
 
 
5.11
KEY STAKEHOLDERS AND BUYING CRITERIA
 
 
 
 
 
 
5.11.1
KEY STAKEHOLDERS IN BUYING PROCESS
 
 
 
 
5.11.2
BUYING CRITERIA
 
 
 
5.12
CASE STUDY ANALYSIS
 
 
 
 
 
5.12.1
MAINTAINING OPERATIONAL INTEGRITY AND REDUCING UNPLANNED DOWNTIME ACROSS GRID BY DEPLOYING DYNAMIC RATINGS’ PARTIAL DISCHARGE MONITORING SYSTEM
 
 
 
 
5.12.2
ENHANCING GRID RELIABILITY AND MINIMIZING SF6 EMISSIONS THROUGH WIKA’S IOT-BASED GIS MONITORING SYSTEM
 
 
 
 
5.12.3
REDUCING THERMAL-RELATED FAILURES AND ENHANCING PLANT RESILIENCE WITH MARTEC’S IOT-BASED MONITORING SOLUTION
 
 
 
5.13
IMPACT OF GENERATIVE AI/AI ON SWITCHGEAR MONITORING SYSTEM MARKET
 
 
 
 
 
5.13.1
ADOPTION OF GENERATIVE AI/AI BY SWITCHGEAR MONITORING SYSTEM MANUFACTURERS
 
 
 
 
5.13.2
IMPACT OF GENERATIVE AI/AI ON KEY END USERS, BY REGION
 
 
 
 
5.13.3
IMPACT OF AI ON SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION
 
 
 
5.14
IMPACT OF 2025 US TARIFF – OVERVIEW
 
 
 
 
 
 
5.14.1
INTRODUCTION
 
 
 
 
5.14.2
KEY TARIFF RATES
 
 
 
 
5.14.3
IMPACT ON COUNTRIES/REGIONS
 
 
 
 
 
5.14.3.1
North America
 
 
 
 
5.14.3.2
Europe
 
 
 
 
5.14.3.3
Asia Pacific
 
 
 
 
5.14.3.4
South America
 
 
 
 
5.14.3.5
Middle East & Africa
 
 
 
5.14.4
IMPACT ON END USERS
 
 
6
SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 6 Data Tables
 
 
 
92
 
6.1
INTRODUCTION
 
 
 
 
6.2
AIR-INSULATED
 
 
 
 
 
6.2.1
DESIGN SIMPLICITY, AFFORDABILITY, EASY MAINTENANCE TO ACCELERATE DEMAND
 
 
 
6.3
GAS-INSULATED
 
 
 
 
 
6.3.1
SURGING UTILIZATION IN HIGH-VOLTAGE APPLICATIONS TO AUGMENT MARKET GROWTH
 
 
7
SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 8 Data Tables
 
 
 
97
 
7.1
INTRODUCTION
 
 
 
 
7.2
LOW
 
 
 
 
 
7.2.1
RISING DEMAND FOR HOME AUTOMATION AND ENERGY MANAGEMENT SOLUTIONS TO PROPEL SEGMENTAL GROWTH
 
 
 
7.3
MEDIUM
 
 
 
 
 
7.3.1
INCLINATION TOWARD DEPLOYMENT OF SMART GRIDS AND DIGITAL SUBSTATIONS TO SPUR DEMAND
 
 
 
7.4
HIGH AND EXTRA HIGH
 
 
 
 
 
7.4.1
RAPID DEVELOPMENT OF POWER TRANSMISSION NETWORKS IN DEVELOPING COUNTRIES TO BOOST DEMAND
 
 
8
SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 10 Data Tables
 
 
 
103
 
8.1
INTRODUCTION
 
 
 
 
8.2
PARTIAL DISCHARGE MONITORING
 
 
 
 
 
8.2.1
INCREASING REQUIREMENT FOR HIGH-PERFORMANCE AND RELIABLE ELECTRICAL ASSETS TO ACCELERATE ADOPTION
 
 
 
8.3
GAS MONITORING
 
 
 
 
 
8.3.1
OPERATIONAL NECESSITY TO DETECT SF6 LEAKAGE TO ELEVATE DEMAND
 
 
 
8.4
TEMPERATURE MONITORING
 
 
 
 
 
8.4.1
EMPHASIS ON EARLY FAULT DETECTION TO FOSTER SEGMENTAL GROWTH
 
 
 
8.5
OTHER SERVICES
 
 
 
9
SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 6 Data Tables
 
 
 
111
 
9.1
INTRODUCTION
 
 
 
 
9.2
HARDWARE
 
 
 
 
 
9.2.1
RISING DEMAND FOR REAL-TIME MONITORING OF TEMPERATURE, INSULATION INTEGRITY AND VOLTAGE LEVELS TO DRIVE MARKET
 
 
 
 
9.2.2
INTELLIGENT EQUIPMENT DEVICES
 
 
 
 
9.2.3
DISTRIBUTION NETWORK FEEDERS
 
 
 
 
9.2.4
OTHER HARDWARE COMPONENTS
 
 
 
9.3
SOFTWARE
 
 
 
 
 
9.3.1
PRESSING NEED TO HANDLE DATA PROCESSING AND EXECUTION TO BOOST DEMAND FOR SECURE AND EMBEDDED SOFTWARE
 
 
10
SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 10 Data Tables
 
 
 
118
 
10.1
INTRODUCTION
 
 
 
 
10.2
UTILITIES
 
 
 
 
 
10.2.1
SURGING ADOPTION OF ML-INTEGRATED SWITCHGEAR MONITORING SYSTEMS TO GET REAL-TIME INSIGHTS TO FOSTER MARKET GROWTH
 
 
 
10.3
INDUSTRIAL
 
 
 
 
 
10.3.1
FOCUS ON PREVENTING FINANCIAL LOSSES DUE TO POWER DISRUPTIONS AND EQUIPMENT DAMAGE TO BOOST DEMAND
 
 
 
10.4
COMMERCIAL
 
 
 
 
 
10.4.1
ONGOING INFRASTRUCTURAL DEVELOPMENTS DUE TO RAPID URBANIZATION IN DEVELOPING COUNTRIES TO STIMULATE DEMAND
 
 
 
10.5
OTHER END USERS
 
 
 
11
SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million and Units | 114 Data Tables
 
 
 
126
 
11.1
INTRODUCTION
 
 
 
 
11.2
ASIA PACIFIC
 
 
 
 
 
11.2.1
CHINA
 
 
 
 
 
11.2.1.1
Increasing investments in renewable energy projects to support market growth
 
 
 
11.2.2
JAPAN
 
 
 
 
 
11.2.2.1
Surging microgrid deployments to fuel market growth
 
 
 
11.2.3
INDIA
 
 
 
 
 
11.2.3.1
Emphasis on electrification projects to elevate demand
 
 
 
11.2.4
SOUTH KOREA
 
 
 
 
 
11.2.4.1
Commitment to carbon neutrality to create growth opportunities
 
 
 
11.2.5
AUSTRALIA
 
 
 
 
 
11.2.5.1
Deployment of hybrid solar–wind microgrids to elevate demand
 
 
 
11.2.6
REST OF ASIA PACIFIC
 
 
 
11.3
EUROPE
 
 
 
 
 
11.3.1
GERMANY
 
 
 
 
 
11.3.1.1
Increasing government investment in expanding wind and solar infrastructure to fuel demand
 
 
 
11.3.2
UK
 
 
 
 
 
11.3.2.1
AI-driven maintenance and offshore wind projects to escalate demand
 
 
 
11.3.3
FRANCE
 
 
 
 
 
11.3.3.1
Greater emphasis on grid modernization to contribute to market growth
 
 
 
11.3.4
ITALY
 
 
 
 
 
11.3.4.1
Increasing green energy projects to augment adoption
 
 
 
11.3.5
RUSSIA
 
 
 
 
 
11.3.5.1
Rising investments in hydrogen energy projects to support market growth
 
 
 
11.3.6
REST OF EUROPE
 
 
 
11.4
NORTH AMERICA
 
 
 
 
 
11.4.1
US
 
 
 
 
 
11.4.1.1
Strong focus on increasing renewable energy output to support market growth
 
 
 
11.4.2
CANADA
 
 
 
 
 
11.4.2.1
Rising investments in wind energy projects to foster market growth
 
 
 
11.4.3
MEXICO
 
 
 
 
 
11.4.3.1
Expansion of power generation, transmission, and distribution networks to contribute to market growth
 
 
11.5
MIDDLE EAST & AFRICA
 
 
 
 
 
11.5.1
GCC
 
 
 
 
 
11.5.1.1
SAUDI ARABIA
 
 
 
 
11.5.1.2
UAE
 
 
 
 
11.5.1.3
Kuwait
 
 
 
 
11.5.1.4
Rest of GCC
 
 
 
11.5.2
SOUTH AFRICA
 
 
 
 
 
11.5.2.1
Northern Cape solar initiative and innovations in power monitoring to fuel market growth
 
 
 
11.5.3
REST OF MIDDLE EAST & AFRICA
 
 
 
11.6
SOUTH AMERICA
 
 
 
 
 
11.6.1
BRAZIL
 
 
 
 
 
11.6.1.1
Surging power demand and need for electrification to propel market
 
 
 
11.6.2
ARGENTINA
 
 
 
 
 
11.6.2.1
Increasing government investments in offshore gas production projects to contribute to market growth
 
 
 
11.6.3
REST OF SOUTH AMERICA
 
 
12
COMPETITIVE LANDSCAPE
Discover strategic insights and market shifts defining leaders in the switchgear monitoring industry.
 
 
 
175
 
12.1
OVERVIEW
 
 
 
 
 
12.1.1
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025
 
 
 
 
12.1.2
MARKET SHARE ANALYSIS, 2024
 
 
 
 
12.1.3
REVENUE ANALYSIS, 2020–2024
 
 
 
12.2
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
 
 
 
 
 
 
12.2.1
STARS
 
 
 
 
12.2.2
EMERGING LEADERS
 
 
 
 
12.2.3
PERVASIVE PLAYERS
 
 
 
 
12.2.4
PARTICIPANTS
 
 
 
 
12.2.5
COMPANY FOOTPRINT: KEY PLAYERS, 2024
 
 
 
 
 
12.2.5.1
Company footprint
 
 
 
 
12.2.5.2
Region footprint
 
 
 
 
12.2.5.3
Switchgear type footprint
 
 
 
 
12.2.5.4
Voltage footprint
 
 
 
 
12.2.5.5
End user footprint
 
 
12.3
COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
 
 
 
 
 
 
12.3.1
PROGRESSIVE COMPANIES
 
 
 
 
12.3.2
RESPONSIVE COMPANIES
 
 
 
 
12.3.3
DYNAMIC COMPANIES
 
 
 
 
12.3.4
STARTING BLOCKS
 
 
 
 
12.3.5
COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
 
 
 
 
 
12.3.5.1
Detailed list of key startups/SMEs
 
 
 
 
12.3.5.2
Competitive benchmarking of key startups/SMEs
 
 
12.4
COMPETITIVE SCENARIO
 
 
 
 
 
12.4.1
PRODUCT LAUNCHES
 
 
 
 
12.4.2
DEALS
 
 
 
 
12.4.3
EXPANSIONS
 
 
 
 
12.4.4
OTHER DEVELOPMENTS
 
 
13
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
 
 
 
198
 
13.1
KEY PLAYERS
 
 
 
 
 
13.1.1
SIEMENS
 
 
 
 
 
13.1.1.1
Business overview
 
 
 
 
13.1.1.2
Products/Solutions/Services offered
 
 
 
 
13.1.1.3
Recent developments
 
 
 
 
13.1.1.4
MnM view
 
 
 
13.1.2
ABB
 
 
 
 
13.1.3
SCHNEIDER ELECTRIC
 
 
 
 
13.1.4
EATON
 
 
 
 
13.1.5
GE VERNOVA
 
 
 
 
13.1.6
MITSUBISHI ELECTRIC CORPORATION
 
 
 
 
13.1.7
EMERSON ELECTRIC CO.
 
 
 
 
13.1.8
HITACHI, LTD.
 
 
 
 
13.1.9
PT. TIARA VIBRASINDO PRATAMA
 
 
 
 
13.1.10
SENSEOR – WIKA GROUP
 
 
 
 
13.1.11
BLUE JAY TECHNOLOGY CO. LTD.
 
 
 
 
13.1.12
DYNAMIC RATINGS
 
 
 
 
13.1.13
OSENSA INNOVATIONS
 
 
 
 
13.1.14
MEGGER
 
 
 
 
13.1.15
IPEC LTD.
 
 
 
13.2
OTHER PLAYERS
 
 
 
 
 
13.2.1
MONITRA LTD.
 
 
 
 
13.2.2
RUGGED MONITORING
 
 
 
 
13.2.3
PDS
 
 
 
 
13.2.4
DOBLE ENGINEERING COMPANY
 
 
 
 
13.2.5
NUVENTURA
 
 
14
APPENDIX
 
 
 
245
 
14.1
INSIGHTS FROM INDUSTRY EXPERTS
 
 
 
 
14.2
DISCUSSION GUIDE
 
 
 
 
14.3
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
14.4
CUSTOMIZATION OPTIONS
 
 
 
 
14.5
RELATED REPORTS
 
 
 
 
14.6
AUTHOR DETAILS
 
 
 
LIST OF TABLES
 
 
 
 
 
TABLE 1
SWITCHGEAR MONITORING SYSTEM MARKET: INCLUSIONS AND EXCLUSIONS, BY SWITCHGEAR TYPE
 
 
 
 
TABLE 2
SWITCHGEAR MONITORING SYSTEM MARKET: INCLUSIONS AND EXCLUSIONS, BY COMPONENT
 
 
 
 
TABLE 3
SWITCHGEAR MONITORING SYSTEM MARKET: INCLUSIONS AND EXCLUSIONS, BY VOLTAGE
 
 
 
 
TABLE 4
SWITCHGEAR MONITORING SYSTEM MARKET: INCLUSIONS AND EXCLUSIONS, BY SERVICE
 
 
 
 
TABLE 5
SWITCHGEAR MONITORING SYSTEM MARKET: INCLUSIONS AND EXCLUSIONS, BY END USER
 
 
 
 
TABLE 6
SWITCHGEAR MONITORING SYSTEM MARKET: INCLUSIONS AND EXCLUSIONS, BY REGION
 
 
 
 
TABLE 7
SWITCHGEAR MONITORING SYSTEM MARKET SIZE ESTIMATION METHODOLOGY (DEMAND SIDE)
 
 
 
 
TABLE 8
SWITCHGEAR MONITORING SYSTEM MARKET: RISK ANALYSIS
 
 
 
 
TABLE 9
SWITCHGEAR MONITORING SYSTEM MARKET SNAPSHOT
 
 
 
 
TABLE 10
PROJECTS/REGULATIONS BY DIFFERENT COUNTRIES FOR ENERGY TRANSITION
 
 
 
 
TABLE 11
ENERGY TRANSITION SCORES, BY COUNTRY, 2024
 
 
 
 
TABLE 12
ROLE OF COMPANIES IN SWITCHGEAR MONITORING SYSTEM ECOSYSTEM
 
 
 
 
TABLE 13
AVERAGE SELLING PRICE TREND OF SWITCHGEAR TYPES, 2021–2024 (USD/UNIT)
 
 
 
 
TABLE 14
AVERAGE SELLING PRICE TREND OF SWITCHGEAR MONITORING SYSTEMS, BY REGION, 2021–2024 (USD/UNIT)
 
 
 
 
TABLE 15
IMPORT DATA FOR HS CODE 853590-COMPLIANT PRODUCTS, 2024
 
 
 
 
TABLE 16
NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 17
EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 18
ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 19
SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 20
MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 21
SWITCHGEAR MONITORING SYSTEM MARKET: LIST OF PATENTS, 2021–2023
 
 
 
 
TABLE 22
IMPORT DATA FOR HS CODE-853590 COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)
 
 
 
 
TABLE 23
EXPORT DATA FOR HS CODE-853590 COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)
 
 
 
 
TABLE 24
SWITCHGEAR MONITORING SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS
 
 
 
 
TABLE 25
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END USERS
 
 
 
 
TABLE 26
KEY BUYING CRITERIA FOR TOP 3 END USERS
 
 
 
 
TABLE 27
US-ADJUSTED RECIPROCAL TARIFF RATES
 
 
 
 
TABLE 28
ANTICIPATED CHANGE IN PRICES AND POTENTIAL IMPACT ON END USERS DUE TO TARIFF ENFORCEMENT
 
 
 
 
TABLE 29
SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 30
SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 31
AIR-INSULATED: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 32
AIR-INSULATED: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 33
GAS-INSULATED: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 34
GAS-INSULATED: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 35
SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 36
SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 37
LOW: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 38
LOW: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 39
MEDIUM: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 40
MEDIUM: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 41
HIGH AND EXTRA HIGH: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 42
HIGH AND EXTRA HIGH: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 43
SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 44
SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 45
PARTIAL DISCHARGE MONITORING: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 46
PARTIAL DISCHARGE MONITORING: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 47
GAS MONITORING: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 48
GAS MONITORING: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 49
TEMPERATURE MONITORING: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 50
TEMPERATURE MONITORING: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 51
OTHER SERVICES: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 52
OTHER SERVICES: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 53
SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 54
SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 55
HARDWARE: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 56
HARDWARE: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 57
SOFTWARE: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 58
SOFTWARE: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 59
SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 60
SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 61
UTILITIES: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 62
UTILITIES: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 63
INDUSTRIAL: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 64
INDUSTRIAL: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 65
COMMERCIAL: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION 2021–2024 (USD MILLION)
 
 
 
 
TABLE 66
COMMERCIAL: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION 2025–2030 (USD MILLION)
 
 
 
 
TABLE 67
OTHER END USERS: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 68
OTHER END USERS: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 69
SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 70
SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 71
SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2024 (UNITS)
 
 
 
 
TABLE 72
SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2025–2030 (UNITS)
 
 
 
 
TABLE 73
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 74
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 75
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 76
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 77
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 78
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 79
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 80
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 81
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 82
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 83
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 84
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 85
CHINA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 86
CHINA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 87
JAPAN: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 88
JAPAN: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 89
INDIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 90
INDIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 91
SOUTH KOREA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 92
SOUTH KOREA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 93
AUSTRALIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 94
AUSTRALIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 95
REST OF ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 96
REST OF ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 97
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 98
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 99
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 100
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 101
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 102
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 103
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 104
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 105
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 106
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 107
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 108
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 109
GERMANY: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 110
GERMANY: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 111
UK: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 112
UK: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 113
FRANCE: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 114
FRANCE: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 115
ITALY: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 116
ITALY: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 117
RUSSIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 118
RUSSIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 119
REST OF EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 120
REST OF EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 121
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 122
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 123
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 124
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 125
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 126
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 127
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 128
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 129
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 130
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 131
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 132
NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 133
US: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 134
US: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 135
CANADA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 136
CANADA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 137
MEXICO: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 138
MEXICO: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 139
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 140
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 141
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 142
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 143
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 144
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 145
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 146
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 147
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 148
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 149
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 150
MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 151
GCC: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 152
GCC: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 153
SAUDI ARABIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 154
SAUDI ARABIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 155
UAE: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 156
UAE: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 157
KUWAIT: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 158
KUWAIT: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 159
REST OF GCC: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 160
REST OF GCC: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 161
SOUTH AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 162
SOUTH AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 163
REST OF MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 164
REST OF MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 165
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 166
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 167
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 168
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 169
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 170
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 171
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 172
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 173
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 174
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 175
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 176
SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 177
BRAZIL: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 178
BRAZIL: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 179
ARGENTINA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 180
ARGENTINA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 181
REST OF SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 182
REST OF SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SWITCHGEAR TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 183
SWITCHGEAR MONITORING SYSTEM MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, MARCH 2021–JUNE 2025
 
 
 
 
TABLE 184
SWITCHGEAR MONITORING SYSTEM MARKET: DEGREE OF COMPETITION, 2024
 
 
 
 
TABLE 185
SWITCHGEAR MONITORING SYSTEM MARKET: REGION FOOTPRINT
 
 
 
 
TABLE 186
SWITCHGEAR MONITORING SYSTEM MARKET: SWITCHGEAR TYPE FOOTPRINT
 
 
 
 
TABLE 187
SWITCHGEAR MONITORING SYSTEM MARKET: VOLTAGE FOOTPRINT
 
 
 
 
TABLE 188
SWITCHGEAR MONITORING SYSTEM MARKET: END USER FOOTPRINT
 
 
 
 
TABLE 189
SWITCHGEAR MONITORING SYSTEM MARKET: LIST OF KEY STARTUPS/SMES
 
 
 
 
TABLE 190
SWITCHGEAR MONITORING SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
 
 
TABLE 191
SWITCHGEAR MONITORING SYSTEM MARKET: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2025
 
 
 
 
TABLE 192
SWITCHGEAR MONITORING SYSTEM MARKET: DEALS, JANUARY 2021–JUNE 2025
 
 
 
 
TABLE 193
SWITCHGEAR MONITORING SYSTEM MARKET: EXPANSIONS, JANUARY 2021–JUNE 2025
 
 
 
 
TABLE 194
SWITCHGEAR MONITORING SYSTEM MARKET: OTHER DEVELOPMENTS, JANUARY 2021–JUNE 2025
 
 
 
 
TABLE 195
SIEMENS: COMPANY OVERVIEW
 
 
 
 
TABLE 196
SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 197
SIEMENS: PRODUCT LAUNCHES
 
 
 
 
TABLE 198
SIEMENS: DEALS
 
 
 
 
TABLE 199
SIEMENS: EXPANSIONS
 
 
 
 
TABLE 200
SIEMENS: OTHER DEVELOPMENTS
 
 
 
 
TABLE 201
ABB: COMPANY OVERVIEW
 
 
 
 
TABLE 202
ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 203
ABB: PRODUCT LAUNCHES
 
 
 
 
TABLE 204
ABB: EXPANSIONS
 
 
 
 
TABLE 205
ABB: OTHER DEVELOPMENTS
 
 
 
 
TABLE 206
SCHNEIDER ELECTRIC: COMPANY OVERVIEW
 
 
 
 
TABLE 207
SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 208
SCHNEIDER ELECTRIC: PRODUCT LAUNCHES
 
 
 
 
TABLE 209
SCHNEIDER ELECTRIC: DEALS
 
 
 
 
TABLE 210
SCHNEIDER ELECTRIC: OTHER DEVELOPMENTS
 
 
 
 
TABLE 211
EATON: COMPANY OVERVIEW
 
 
 
 
TABLE 212
EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 213
EATON: PRODUCT LAUNCHES
 
 
 
 
TABLE 214
EATON: EXPANSIONS
 
 
 
 
TABLE 215
EATON: OTHER DEVELOPMENTS
 
 
 
 
TABLE 216
GE VERNOVA: COMPANY OVERVIEW
 
 
 
 
TABLE 217
GE VERNOVA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 218
GE VERNOVA: PRODUCT LAUNCHES
 
 
 
 
TABLE 219
MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
 
 
 
 
TABLE 220
MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 221
MITSUBISHI ELECTRIC CORPORATION: EXPANSIONS
 
 
 
 
TABLE 222
MITSUBISHI ELECTRIC CORPORATION: OTHER DEVELOPMENTS
 
 
 
 
TABLE 223
EMERSON ELECTRIC CO.: COMPANY OVERVIEW
 
 
 
 
TABLE 224
EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 225
HITACHI, LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 226
HITACHI, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 227
HITACHI, LTD.: DEALS
 
 
 
 
TABLE 228
HITACHI, LTD.: EXPANSIONS
 
 
 
 
TABLE 229
PT. TIARA VIBRASINDO PRATAMA: COMPANY OVERVIEW
 
 
 
 
TABLE 230
PT. TIARA VIBRASINDO PRATAMA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 231
SENSEOR – WIKA GROUP: COMPANY OVERVIEW
 
 
 
 
TABLE 232
SENSEOR – WIKA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 233
BLUE JAY TECHNOLOGY CO. LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 234
BLUE JAY TECHNOLOGY CO. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 235
DYNAMIC RATINGS: COMPANY OVERVIEW
 
 
 
 
TABLE 236
DYNAMIC RATINGS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 237
DYNAMIC RATINGS: DEALS
 
 
 
 
TABLE 238
DYNAMIC RATINGS: EXPANSIONS
 
 
 
 
TABLE 239
OSENSA INNOVATIONS: COMPANY OVERVIEW
 
 
 
 
TABLE 240
OSENSA INNOVATIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 241
OSENSA INNOVATIONS: PRODUCT LAUNCHES
 
 
 
 
TABLE 242
MEGGER: COMPANY OVERVIEW
 
 
 
 
TABLE 243
MEGGER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 244
MEGGER: EXPANSIONS
 
 
 
 
TABLE 245
IPEC LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 246
IPEC LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 247
IPEC LTD.: PRODUCT LAUNCHES
 
 
 
 
TABLE 248
IPEC LTD.: EXPANSIONS
 
 
 
 
LIST OF FIGURES
 
 
 
 
 
FIGURE 1
SWITCHGEAR MONITORING SYSTEM MARKET: RESEARCH DESIGN
 
 
 
 
FIGURE 2
BREAKDOWN OF PRIMARIES
 
 
 
 
FIGURE 3
KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR SWITCHGEAR MONITORING SYSTEMS
 
 
 
 
FIGURE 4
MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
 
 
 
 
FIGURE 5
SWITCHGEAR MONITORING SYSTEM MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
 
 
 
 
FIGURE 6
KEY STEPS CONSIDERED IN ASSESSING SUPPLY OF SWITCHGEAR MONITORING SYSTEMS
 
 
 
 
FIGURE 7
SWITCHGEAR MONITORING SYSTEM MARKET: SUPPLY-SIDE ANALYSIS
 
 
 
 
FIGURE 8
DATA TRIANGULATION METHODOLOGY
 
 
 
 
FIGURE 9
ASIA PACIFIC TO BE FASTEST-GROWTHING MARKET FOR SWITCHGEAR MONITORING SYSTEMS DURING FORECAST PERIOD
 
 
 
 
FIGURE 10
GAS-INSULATED SEGMENT HELD MAJORITY OF MARKET SHARE IN 2024
 
 
 
 
FIGURE 11
SOFTWARE SEGMENT TO EXHIBIT HIGHER CAGR DURING FORECAST PERIOD
 
 
 
 
FIGURE 12
HIGH AND EXTRA HIGH SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2024
 
 
 
 
FIGURE 13
TEMPERATURE MONITORING SEGMENT TO RECORD HIGHEST CAGR FROM 2025 TO 2030
 
 
 
 
FIGURE 14
UTILITIES SEGMENT LED MARKET IN 2024
 
 
 
 
FIGURE 15
GROWING DEPLOYMENT OF SMART GRIDS GLOBALLY TO DRIVE MARKET
 
 
 
 
FIGURE 16
ASIA PACIFIC TO WITNESS HIGHEST CAGR FROM 2025 TO 2030
 
 
 
 
FIGURE 17
UTILITIES SEGMENT AND CHINA HELD LARGEST SHARE OF ASIA PACIFIC SWITCHGEAR MONITORING SYSTEM MARKET IN 2024
 
 
 
 
FIGURE 18
GAS-INSULATED SEGMENT TO CAPTURE LARGER MARKET SHARE IN 2030
 
 
 
 
FIGURE 19
HARDWARE COMPONENTS TO SECURE PROMINENT MARKET SHARE IN 2030
 
 
 
 
FIGURE 20
HIGH AND EXTRA HIGH SEGMENT TO DOMINATE MARKET IN 2030
 
 
 
 
FIGURE 21
TEMPERATURE MONITORING SEGMENT TO LEAD MARKET IN 2030
 
 
 
 
FIGURE 22
UTILITIES SEGMENT TO COMMAND MARKET IN 2030
 
 
 
 
FIGURE 23
SWITCHGEAR MONITORING SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
 
 
 
 
FIGURE 24
ANNUAL CLEAN ENERGY INVESTMENTS, 2019–2024
 
 
 
 
FIGURE 25
GLOBAL ENERGY TRANSITION INVESTMENT, 2013–2023
 
 
 
 
FIGURE 26
INVESTMENT IN POWER GRIDS AND STORAGE INFRASTRUCTURE, BY REGION, 2019-2024
 
 
 
 
FIGURE 27
GLOBAL RENEWABLE ELECTRICITY GENERATION, 2013–2023
 
 
 
 
FIGURE 28
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
FIGURE 29
SWITCHGEAR MONITORING SYSTEM ECOSYSTEM PLAYERS
 
 
 
 
FIGURE 30
SYSTEM MANUFACTURERS AND ASSEMBLERS SERVICE PROVIDERS TO ADD MAXIMUM VALUE TO OVERALL PRODUCT
 
 
 
 
FIGURE 31
AVERAGE SELLING PRICE TREND OF DIFFERENT TYPE OF SWITCHGEAR DEPLOYED IN SWITCHGEAR MONITORING SYSTEMS, 2021–2024
 
 
 
 
FIGURE 32
AVERAGE SELLING PRICE TREND OF SWITCHGEAR MONITORING SYSTEMS, BY REGION, 2021–2024
 
 
 
 
FIGURE 33
PATENT ANALYSIS, 2014–2024
 
 
 
 
FIGURE 34
IMPORT SCENARIO FOR HS CODE-853590 COMPLIANT PRODUCTS IN TOP 5 COUNTRIES, 2022–2024
 
 
 
 
FIGURE 35
EXPORT SCENARIO FOR HS CODE-853590 COMPLIANT PRODUCTS INTOP 5 COUNTRIES, 2022–2024
 
 
 
 
FIGURE 36
SWITCHGEAR MONITORING SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS
 
 
 
 
FIGURE 37
KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 END USERS
 
 
 
 
FIGURE 38
KEY BUYING CRITERIA FOR TOP 3 END USERS
 
 
 
 
FIGURE 39
IMPACT OF GENERATIVE AI/AI ON END USERS, BY REGION
 
 
 
 
FIGURE 40
SWITCHGEAR MONITORING SYSTEM MARKET SHARE, BY SWITCHGEAR TYPE, 2024
 
 
 
 
FIGURE 41
SWITCHGEAR MONITORING SYSTEM MARKET SHARE, BY VOLTAGE, 2024
 
 
 
 
FIGURE 42
SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2024
 
 
 
 
FIGURE 43
SWITCHGEAR MONITORING SYSTEM MARKET SHARE, BY COMPONENT, 2024
 
 
 
 
FIGURE 44
SWITCHGEAR MONITORING SYSTEM MARKET SHARE, BY END USER, 2024
 
 
 
 
FIGURE 45
ASIA PACIFIC TO REGISTER HIGHEST CAGR IN SWITCHGEAR MONITORING SYSTEM MARKET FROM 2025 TO 2030
 
 
 
 
FIGURE 46
SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2024
 
 
 
 
FIGURE 47
ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET SNAPSHOT
 
 
 
 
FIGURE 48
EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET SNAPSHOT
 
 
 
 
FIGURE 49
MARKET SHARE ANALYSIS OF COMPANIES OFFERING SWITCHGEAR MONITORING SYSTEMS, 2024
 
 
 
 
FIGURE 50
SWITCHGEAR MONITORING SYSTEM MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2020–2024
 
 
 
 
FIGURE 51
SWITCHGEAR MONITORING SYSTEM MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
 
 
 
 
FIGURE 52
SWITCHGEAR MONITORING SYSTEM MARKET: COMPANY FOOTPRINT
 
 
 
 
FIGURE 53
SWITCHGEAR MONITORING SYSTEM MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024
 
 
 
 
FIGURE 54
SIEMENS: COMPANY SNAPSHOT
 
 
 
 
FIGURE 55
ABB: COMPANY SNAPSHOT
 
 
 
 
FIGURE 56
SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
 
 
 
 
FIGURE 57
EATON: COMPANY SNAPSHOT
 
 
 
 
FIGURE 58
GE VERNOVA: COMPANY SNAPSHOT
 
 
 
 
FIGURE 59
MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
 
 
 
 
FIGURE 60
EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 61
HITACHI, LTD.: COMPANY SNAPSHOT
 
 
 
 

Methodology

The study involved major activities in estimating the current size of the switchgear monitoring system market. Exhaustive secondary research was done to collect information on the peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation techniques were used to estimate the market size of the segments and subsegments.

Secondary Research

This research study on the switchgear monitoring system market involved the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg, Businessweek, Factiva, International Energy Agency, and BP Statistical Review of World Energy, to identify and collect valuable information for a technical, market-oriented, and commercial study of the global switchgear monitoring system market. Other secondary sources included annual reports, press releases, and investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research

The switchgear monitoring system market comprises stakeholders such as switchgear monitoring system manufacturers, technology providers, and support providers in the supply chain. The demand side of this market is characterized by the rising demand for switchgear monitoring systems in nations due to increasing demand for grid reliability, real-time fault detection, and predictive maintenance in aging power infrastructure and expanding renewable energy networks. The supply side is characterized by rising demand for contracts from the distribution utilities, and mergers and acquisitions among big players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The following is the breakdown of primary respondents:

Switchgear Monitoring System Market Size, and Share

Note: “Others” include sales managers, engineers, and regional managers.
The tiers of the companies are defined based on their total revenue as of 2024: Tier 1: >USD 1 billion, Tier 2:
USD 500 million–1 billion, and Tier 3:

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the size of the switchgear monitoring system market and its dependent submarkets. The key players in the market were identified through secondary research, and their market share in the respective regions was obtained through primary and secondary research. The research methodology includes studying the annual and financial reports of top market players and interviews with industry experts, such as chief executive officers, vice presidents, directors, sales managers, and marketing executives, for key quantitative and qualitative insights related to the switchgear monitoring system market.

Switchgear Monitoring System Market : Top-Down and Bottom-Up Approach

Switchgear Monitoring System Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown processes were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. The market was also validated using both the top-down and bottom-up approaches.

Market Definition

Switchgear monitoring systems continuously monitor switchgear cubicles by recording the real-time information of operational parameters using sensors. The sensors installed in switchgear systems monitor the threshold breaches, warn of any significant change in operating performance, and assemble an overall condition assessment of the apparatuses. Access to this monitoring system data helps replace conventional maintenance approaches with condition-based services that help reduce switchgear equipment maintenance costs. The main objective of a switchgear monitoring system is to identify poor-quality electrical connections faster with the help of various monitoring types, such as temperature, partial discharge, gas, and others. Thus, this helps in decreasing unplanned downtime while extending the equipment lifespan.

Stakeholders

  • Public and private electric utilities
  • Distribution companies (DISCOM)
  • Switchgear manufacturers, dealers, and suppliers
  • Switchgear monitoring system component manufacturers
  • Energy & power sector consulting companies
  • Government & research organizations
  • Independent power producers
  • Investment banks
  • Electrical equipment associations
  • Assembly, testing, and packaging vendors
  • Integrated device manufacturers (IDMs)
  • Process industries and power and energy associations
  • Raw material and manufacturing equipment suppliers

Report Objectives

  • To describe and forecast the switchgear monitoring system market based on switchgear type, component, voltage, service, end user, and region, in terms of value
  • To describe and forecast the switchgear monitoring system market based on region, in terms of volume
  • To describe and forecast the switchgear monitoring system market for various segments with respect to five main regions: North America, Europe, Asia Pacific, South America, and the Middle East & Africa, in terms of value
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To provide a detailed overview of the switchgear monitoring system value chain analysis, use case analysis, key stakeholders and buying criteria, patent analysis, trade analysis, tariff analysis, regulations and codes, pricing analysis, Porter’s five forces analysis, impact of AI and US tariff on the said market
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
  • To analyze opportunities in the market for various stakeholders by identifying high-growth segments
  • To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies2, along with detailing the market’s competitive landscape
  • To analyze growth strategies such as joint ventures, partnerships, mergers and acquisitions, contracts, agreements, and product launches adopted by players in the switchgear monitoring system market

1 Micromarkets are defined as the segments and subsegments of the switchgear monitoring system market included in the report.
2 The core competencies of companies are captured in terms of their key developments and product portfolios, as well as the key strategies they adopted to sustain their position in the switchgear monitoring system market.

Available Customizations

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The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis as per Feasibility

  • Further breakdown of the Switchgear monitoring system, by country

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Key Questions Addressed by the Report

What was the switchgear monitoring system market size in 2024?

The switchgear monitoring system market size was USD 2.00 billion in 2024.

What are the major drivers for the switchgear monitoring system market?

The switchgear monitoring system market is mainly driven by strengthened power distribution infrastructure, rising use of electric distribution and transmission systems powered by renewable energy sources, and shift from conventional maintenance methods to condition-based services.

Which region is projected to be the fastest-growing switchgear monitoring system market during the forecast period?

Asia Pacific is expected to be the fastest-growing market between 2025 and 2030, fueled by rapid industrialization, increasing investments in smart grid infrastructure, and the escalating need for reliable power distribution.

Which segment, by switchgear type, will hold a larger market share during the forecast period?

Gas-insulated switchgear systems are expected to hold a larger share of the switchgear monitoring system market.

Which segment is projected to be the largest, by end user, in the switchgear monitoring system market throughout the forecast period?

Utilities are likely to account for the largest market share throughout the forecast period.

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