Switchgear Monitoring System Market by Type (GIS, AIS), Voltage (High, Medium), Component (Hardware, Software & Services), Monitoring (Temperature, PD, Gas, Others), End User (Utilities, Industries, Commercial), & Region - Global Forecast to 2025
[199 Pages Report] The global switchgear monitoring system market size is projected to reach USD 2.1 billion by 2025, at a CAGR of 9.7%, from an estimated USD 1.3 billion in 2020. A few of the major advantages offered by switchgear monitoring systems are avoiding unplanned outages, reducing repair costs through improved failure detection, improving switchgear availability, and a more efficient, cost-effective, and proactive maintenance strategy.
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COVID-19 Impact on the Global Switchgear Monitoring System Market
The market for switchgear monitoring systems is expected to witness a drop in 2020, resulting from the outbreak of COVID-19. The COVID-19 pandemic has negatively impacted the power industry globally for the past few months. The demand curve for electricity has taken up new shapes, mainly in those countries where the impact of the pandemic is high. The decreasing demand for electricity is caused by lockdowns across countries to mitigate the spread of the virus, which is likely to create a negative impact on the overall market. Furthermore, the investments for grid modernization are also expected to slow down during the period.
Switchgear monitoring system: Dynamics
Driver: Increasing focus toward maximizing reliability of electrical assets through early detection of failure
With the increasing power demand, electric utilities are increasing their focus toward maximizing the reliability of electrical assets to minimize downtime and simultaneously reduce financial losses. Switchgear is one of the most vulnerable links in the power grid infrastructure as it comprises devices associated with power system control and protection such as switches, fuses, circuit breakers, and relays that are used to control, protect, and isolate electrical equipment to enable the continuous and reliable supply of electricity. However, in some cases switchgear is subjected to overheating due to excessive loads, normal wear and tear, and challenging environmental conditions. If left unattended, it can lead to failures resulting in the damage of the switchgear and its surrounding equipment, power production loss, and in extreme cases it can even be a risk to human life. Thus, to overcome such a panic situation, switchgear monitoring systems are gaining traction among end users to maximize the reliability of electrical assets by monitoring various switchgear devices in real-time.
Switchgear monitoring systems use various sensors and software to monitor, diagnose, and control switchgear devices from a safe location outside the arc flash boundary. Implementing real-time monitoring offers electric utilities the ability to collect data generated during the switchgear’s normal operating conditions, which provides awareness to problems in real time i.e. at an early stage. It further helps in replacing conventional maintenance approaches with condition-based services.
Restraint: High capital requirement for installing switchgear monitoring systems
Switchgears isolate electric circuits from the power supply to enable a safe execution of maintenance activities or to clear faults. Energy consumers use switchgear monitoring systems to monitor various parameters such as temperature, partial discharge fault, SF6 gas, and others to ensure power system protection and regulate reliable power supply. The monitoring of switchgear devices is carried out in real-time, which helps operators in analyzing the data and plan maintenance strategies as required. Because of all these features, the cost of switchgear monitoring systems is high.
Other costs associated with the implementation of switchgear monitoring systems include costs for software and licensing fees, IT testing, project management, software integration, and staff training. Thus, the full-scale installation of switchgear monitoring systems requires high capital on all hardware and software components.
Furthermore, a huge investment is needed to replace the existing aging grid infrastructure and for integrating the whole new solution where hardware and software should have the same configuration. Also, an advanced communication network in the grid is required, which is still not available with many utilities. Hence, many utilities in developing nations are still reluctant to use switchgear monitoring systems.
Opportunity: Growing investments in smart grid technologies
A smart grid is a digital technology that focuses on modernizing electricity networks by providing 2-way communication between the utility and its customers. Global power utilities are increasingly investing in smart grid technologies to detect and eliminate faults before a complete breakdown occurs through the automatic monitoring of electrical equipment. At the end user level, smart grids can enable demand flexibility and consumer participation in energy system operations through distributed generation and storage.
Governments across the world have enacted several supportive policies and mandates focusing on the implementation of smart grids and spreading awareness about energy conversation. The regulations drive the smart grid market in application areas, such as industrial, commercial, and residential sectors. Heavy investments are being made for the development of the smart grid. For instance, The ARRA, part of the US federal government, allocated USD 3.4 billion for smart grid investment grants to utilities and USD 615 million for smart grid demonstration projects. The NERC is a regulatory authority established to assess the reliability of bulk transmission power systems in North America
Challenge : Impact of COVID-19
The COVID-19 pandemic has slowed the growth of the power industry in the current times. This is primarily due to more and more countries resorting to nationwide lockdowns to prevent further spikes in the spread of the disease. The renewable energy industry, which until recently was growing at a rapid pace, is witnessing slow growth during the past few months. This slowdown is mainly due to economic contractions, which have resulted in the reduction of power demand from various end-use industries. With the decrease in power demand, it is estimated that there would be very negligible investments from the utilities for replacing aging grid infrastructure and new renewable installations. For instance, in India, about 40% of the electricity demand is generated from industrial and commercial establishments and accounts for a higher percentage of sales revenue. However, during the period of the lockdown, India’s demand for electricity is expected to drop down by about 20–25%, which would adversely impact the revenue of distribution utilities in the near term. The revenue deficit for the distribution companies is estimated to be about USD 1.7 billion per month in the country.
Furthermore, the spread of COVID-19 is likely to have an adverse effect on the manufacturers of switchgear monitoring devices due to the global shutdown and issues along the supply chain. The price for procuring raw materials is also expected to increase due to the shortage of supply, which ultimately will lead to delay in order closures. For instance, ABB expects to have a decline in revenue across all its business segments compared to a year ago. Siemens witnessed a sharp fall in demand from China, Germany, and Italy, where the impact of COVID-19 is high. This demand loss eventually will impact the company’s overall revenue. However, the software market is estimated to experience low to moderate impact when compared with hardware.
Market Interconnection
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By type, the GIS segment is the largest contributor in the switchgear monitoring system during the forecast period.
The GIS segment is estimated to lead the switchgear monitoring system market during the forecast period. The market for gas-insulated switchgear monitoring systems is driven by increasing demand for monitoring high-voltage electrical assets to avoid unplanned outages and reduce maintenance costs. Asia Pacific is estimated to hold the largest share of the GIS market, followed by Europe because of stringent standards and codes to be followed by the industries and utilities for ensuring reliable power supply and avoiding hazards.
By voltage, the high voltage segment is expected to be the largest market for switchgear monitoring system during the forecast period.
The high voltage segment held the largest share of the switchgear monitoring system market, by voltage in 2019. The growth of the high voltage segment is driven by the higher demand for monitoring systems on high voltage switchgear. As any fault in switchgear apparatuses is likely to hamper the electricity supply to an entire city or region. The market for the high-voltage segment in Asia Pacific is expected to grow at the highest CAGR during the forecast period. Increasing investments in transmission and distribution networks due to the rise in demand for power and the need for an increase in the reliability of high-voltage electrical assets are expected to drive the market for this segment.
By monitoring type, the temperature segment is expected to be the largest contributor during the forecast period.
The temperature segment held the largest share of the switchgear monitoring system market, by monitoring type in 2019. Temperature monitoring offers the early detection of incipient problems, which leads to the rapid identification of issues and better maintenance resulting in a little or no downtime associated with switchgear failure.
Asia Pacific held the largest share of the switchgear monitoring system market in 2019.
Asia Pacific accounted for the largest share of the global switchgear monitoring system market in 2019. The region has been segmented, by country, into China, Japan, South Korea, Australia, and the Rest of Asia Pacific. China is the largest and fastest growing market in the region. China is considered the leading country in the world in power transmission & distribution. The country mostly focuses on developing transmission lines that are capable of high-load transfer over long distances and creating a nation-wide reliable power system. There are rapid development and growth of renewable energy projects such as wind and solar in China. Furthermore, the Government of China has passed the Renewable Energy Law, which would target 20% of the primary energy consumption from renewable sources by 2020. The Government of China has launched a wind project Three Gorges on Land in the Gansu province with a power-generating capacity of 22 GW. Thus, with the increase in the number of renewable projects, the number of installations of digital switchgear and substations is also likely to increase in the future.
Key Market Players
ABB, Schneider Electric, Siemens, General Electric,and Eaton, are the leading players in the switchgear monitoring systemmarket. Mitsubishi Electric, Fortive, Končar-Electrical Engineering Institute , Tiara Vibrasindo Pratama , SENSeOR, and others are other players operating in the market are the leading players in the global switchgear monitoring system.Get online access to the report on the World's First Market Intelligence Cloud
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Get online access to the report on the World's First Market Intelligence Cloud
- Easy to Download Historical Data & Forecast Numbers
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- Latest News, Updates & Trend analysis
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Report Metric |
Details |
|
Market Size available for years |
2018–2025 |
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Base year considered |
2019 |
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Forecast period |
2020–2025 |
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Forecast units |
Value (USD) |
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Segments covered |
Type, Volatge, Component, Monitoring Type, End User, and Region |
|
Geographies covered |
North America, Europe, Asia Pacific, The Middle East, and Africa, and South America. |
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Companies covered |
ABB, Schneider Electric, Siemens, General Electric, Eaton, Mitsubishi Electric, Fortive, Končar-Electrical Engineering Institute , Tiara Vibrasindo Pratama , SENSeOR, and others |
This research report categorizes the switchgear monitoring system market based on type, voltage, compoenent, monitoring type, end user, and region.
Based on the type:- GIS
- AIS
Based on the component:
- Hardware
- Software & Services
Based on the voltage:
- High
- Medium
Based on the monitoring type:
- Temperature Monitoring
- Partial Discharge Monitoring
- Gas Monitoring
- Others
Based on the end user:
- Utilities
- Industries
- Commerical
- Others
Based on the region:
- North America
- Asia Pacific
- Europe
- Middle East & Africa
- South America
Recent Developments
- In February 2020, Schneider Electric partnered with Tricolite Electrical Industries for new-generation MV switchgear Premset. This partnership will allow Tricolite to assemble, engineer, test, market, and sell products. The Premset uses solid, shielded insulation and provides an SF6-free MV switchgear.
- In January 2020, Siemens acquired C&S Electric to meet the growing need for electrification. The scope of the acquisition includes low-voltage switchgear components and panels.
- In April 2019, ABB introduced low-voltage digital switchgear with smart condition-based monitoring, which will help enable flexible, safe, and smart electrical distribution. In addition, this solution offers improved reliability and performance.
- In December 2018, ABB won a contract from Fingrid to upgrade one of Helsinki’s substations to meet the increased demand for power, improve power reliability, and assist transmission system operators in the country. The scope of the contract includes an outdoor AIS installation with its GIS technology. In addition to the supply, ABB will also install MSM devices onto the GIS to enable the online condition monitoring of the circuit breakers.
- In July 2017, Eaton introduced a new switchgear monitoring and management platform for low- and medium-voltage switchgear assemblies. In addition, it will enhance personnel safety, which can be done by operators to aggregate and will analyze the device data.
Frequently Asked Questions (FAQ):
What is the current market size of the switchgear monitoring system market?
The size of the global switchgear monitoring system market is USD 1.6 billion in 2019.
What are the major drivers for the switchgear monitoring system market?
The switchgear monitoring system is driven by factors such as increasing focus toward maximizing reliability of electrical assets through early detection of failure and renewable energy integration.
Which region dominates during the forecasted period in the switchgear monitoring system market?
Asia Pacific is projected to be the fastest-growing market during the forecast period. The growth of the switchgear monitoring system in Asia Pacific can be attributed to the rapid development and growth of renewable energy projects such as wind and solar across countries such as China, South Korea, and others. Furthermore, the Government of China has passed the Renewable Energy Law, which would target 20% of the primary energy consumption from renewable sources by 2020. The Government of China has launched a wind project Three Gorges on Land in the Gansu province with a power-generating capacity of 22 GW. Thus, with the increase in the number of renewable projects, the number of installations of digital switchgear and substations is also likely to increase in the future.
Which is the fastest-growing type segment during the forecasted period in the switchgear monitoring system market?
The GIS segment is the fastest-growing during the forecasted period. The market for gas-insulated switchgear monitoring systems is driven by increasing demand for monitoring high-voltage electrical assets to avoid unplanned outages and reduce maintenance costs.
Who are the leading players in the global switchgear monitoring system market?
ABB (Switzerland), Schneider Electric (France), Siemens (Germany), General Electric (US), and Eaton (Ireland) are the leading players in the switchgear monitoring system market. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 21)
1.1 STUDY OBJECTIVES
1.2 DEFINITION AND SCOPE
1.2.1 SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT: INCLUSIONS & EXCLUSIONS
1.2.2 SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE: INCLUSIONS & EXCLUSIONS
1.2.3 SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER: INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.4 YEARS CONSIDERED
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 26)
2.1 RESEARCH DATA
FIGURE 1 SWITCHGEAR MONITORING SYSTEM MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primaries
2.2 SCOPE
FIGURE 2 MAIN METRICS CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR SWITCHGEAR MONITORING SYSTEMS
2.3 MARKET SIZE ESTIMATION
2.3.1 DEMAND-SIDE ANALYSIS
FIGURE 3 INCREASING FOCUS ON MAXIMIZING RELIABILITY OF ELECTRICAL ASSETS IS KEY DETERMINING FACTOR FOR SWITCHGEAR MONITORING SYSTEM MARKET
2.3.1.1 Key assumptions
2.3.1.2 Calculations
2.3.2 FORECAST
2.3.3 SUPPLY-SIDE ANALYSIS
FIGURE 4 INVESTMENTS ON SWITCHGEAR MONITORING SYSTEMS ARE DETERMINING FACTOR FOR GLOBAL SWITCHGEAR MONITORING SYSTEM MARKET
2.3.3.1 Assumptions and calculations
FIGURE 5 LEADING PLAYERS IN SWITCHGEAR MONITORING SYSTEM MARKET, 2019
3 EXECUTIVE SUMMARY (Page No. - 35)
3.1 SCENARIO ANALYSIS
FIGURE 6 SCENARIO ANALYSIS: SWITCHGEAR MONITORING SYSTEM MARKET, 2018–2025
3.1.1 OPTIMISTIC SCENARIO
3.1.2 REALISTIC SCENARIO
3.1.3 PESSIMISTIC SCENARIO
TABLE 1 SWITCHGEAR MONITORING SYSTEM MARKET SNAPSHOT
FIGURE 7 ASIA PACIFIC DOMINATED SWITCHGEAR MONITORING SYSTEM MARKET IN 2019
FIGURE 8 GIS SEGMENT IS EXPECTED TO CONTINUE TO HOLD LARGER SHARE OF SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, DURING FORECAST PERIOD
FIGURE 9 TEMPERATURE MONITORING SEGMENT IS EXPECTED TO CONTINUE TO HOLD LARGEST SHARE OF GAS MONITORING SYSTEM MARKET, BY MONITORING TYPE, DURING FORECAST PERIOD
FIGURE 10 HIGH (ABOVE 36 KV) SEGMENT IS EXPECTED TO CONTINUE TO HOLD LARGER SHARE OF GAS MONITORING SYSTEM MARKET, BY VOLTAGE, DURING FORECAST PERIOD
FIGURE 11 HARDWARE SEGMENT IS EXPECTED TO CONTINUE TO HOLD LARGER SHARE OF GAS MONITORING SYSTEM MARKET, BY COMPONENT, DURING FORECAST PERIOD
FIGURE 12 UTILITIES IS EXPECTED TO CONTINUE TO DOMINATE GAS MONITORING SYSTEM MARKET, BY END USER, DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 43)
4.1 ATTRACTIVE OPPORTUNITIES IN SWITCHGEAR MONITORING SYSTEM MARKET
FIGURE 13 GROWING EMPHASIS ON RENEWABLE ENERGY INTEGRATION IS EXPECTED TO DRIVE GAS MONITORING SYSTEM MARKET DURING 2020–2025
4.2 SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION
FIGURE 14 GAS MONITORING SYSTEM MARKET IN ASIA PACIFIC IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4.3 SWITCHGEAR MONITORING SYSTEM MARKET IN ASIA PACIFIC, BY END USER & COUNTRY
FIGURE 15 UTILITIES AND CHINA WERE LARGEST SHAREHOLDERS IN SWITCHGEAR MONITORING SYSTEM MARKET IN ASIA PACIFIC, BY END USER AND COUNTRY, RESPECTIVELY, IN 2019
4.4 GAS MONITORING SYSTEM MARKET, BY TYPE
FIGURE 16 GIS SEGMENT IS PROJECTED TO CONTINUE TO DOMINATE SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, IN 2025
4.5 SWITCHGEAR MONITORING SYSTEM MARKET, BY MONITORING TYPE
FIGURE 17 TEMPERATURE MONITORING SEGMENT IS EXPECTED TO HOLD LARGEST SHARE OF SWITCHGEAR MONITORING SYSTEM MARKET, BY MONITORING TYPE, IN 2025
4.6 SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE
FIGURE 18 HIGH (ABOVE 36 KV) SEGMENT IS EXPECTED TO CONTINUE TO DOMINATE SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, IN 2025
4.7 SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT
FIGURE 19 HARDWARE SEGMENT IS EXPECTED TO CONTINUE TO HOLD LARGER SHARE OF SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, IN 2025
4.8 SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER
FIGURE 20 UTILITIES SEGMENT IS LIKELY TO CONTINUE TO HOLD LARGEST SHARE OF SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, IN 2025
5 MARKET OVERVIEW (Page No. - 48)
5.1 INTRODUCTION
5.2 COVID-19 HEALTH ASSESSMENT
FIGURE 21 COVID-19 GLOBAL PROPAGATION
FIGURE 22 COVID-19 PROPAGATION IN SELECTED COUNTRIES
5.3 ROAD TO RECOVERY
FIGURE 23 RECOVERY ROAD FOR 2020 & 2021
5.4 COVID-19 ECONOMIC ASSESSMENT
FIGURE 24 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020
5.5 MARKET DYNAMICS
FIGURE 25 SWITCHGEAR MONITORING SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.5.1 DRIVERS
5.5.1.1 Increasing focus toward maximizing reliability of electrical assets through early detection of failure
5.5.1.2 Renewable energy integration
FIGURE 26 INVESTMENT IN RENEWABLE POWER GENERATION (USD BILLION), 2018
5.5.2 RESTRAINTS
5.5.2.1 High capital requirement for installing switchgear monitoring systems
5.5.3 OPPORTUNITIES
5.5.3.1 Growing investments in smart grid technologies
FIGURE 27 INVESTMENT IN SMART GRIDS, BY TECHNOLOGY AREA, 2014–2019
5.5.3.2 Replacement of aging grid infrastructure
5.5.4 CHALLENGES
5.5.4.1 Risk of cybersecurity attacks
5.5.4.2 Impact of COVID-19
5.6 TRENDS
5.6.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR SWITCHGEAR MONITORING SYSTEM MANUFACTURERS
FIGURE 28 REVENUE SHIFT FOR SWITCHGEAR MONITORING SYSTEMS
5.7 AVERAGE SELLING PRICE TREND
FIGURE 29 AVERAGE SELLING PRICE OF SWITCHGEAR
5.8 MARKET MAP
FIGURE 30 ADJACENT AND INTERCONNECTED MARKETS
5.9 SUPPLY CHAIN ANALYSIS
FIGURE 31 SWITCHGEAR MONITORING SUPPLY CHAIN ANALYSIS
5.9.1 RAW MATERIAL SUPPLIERS
5.9.2 COMPONENT MANUFACTURING
5.9.3 HARDWARE ASSEMBLY
5.9.4 END USERS
5.10 TECHNOLOGY ANALYSIS
TABLE 2 ADVANTAGES OF SURFACE ACOUSTIC WAVE TECHNOLOGY (SAW) OVER IR THERMOGRAPHY
5.11 SWITCHGEAR: CODES AND REGULATIONS
5.12 CASE STUDY ANALYSIS
5.12.1 DETECTION OF ASSET FAILURE IN SUBSTATIONS
6 SCENARIO ANALYSIS (Page No. - 61)
6.1 INTRODUCTION
6.1.1 OPTIMISTIC SCENARIO
TABLE 3 OPTIMISTIC SCENARIO: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
6.1.2 REALISTIC SCENARIO
TABLE 4 REALISTIC SCENARIO: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
6.1.3 PESSIMISTIC SCENARIO
TABLE 5 PESSIMISTIC SCENARIO: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
7 SWITCHGEAR MARKET, BY TYPE (Page No. - 64)
7.1 INTRODUCTION
FIGURE 32 ASIA PACIFIC LEADS SWITCHGEAR MARKET (VALUE),BY REGION, 2019
TABLE 6 SWITCHGEAR MARKET, BY REGION, 2018–2025 (UNITS)
TABLE 7 SWITCHGEAR MARKET, BY REGION, 2018–2025 (USD BILLION)
7.2 NORTH AMERICA
TABLE 8 NORTH AMERICA: SWITCHGEAR MARKET, BY TYPE, 2018–2025 (UNITS)
TABLE 9 NORTH AMERICA: SWITCHGEAR MARKET, BY TYPE, 2018–2025 (USD BILLION)
7.3 EUROPE
TABLE 10 EUROPE: SWITCHGEAR MARKET, BY TYPE, 2018–2025 (UNITS)
TABLE 11 EUROPE: SWITCHGEAR MARKET, BY TYPE, 2018–2025 (USD BILLION)
7.4 ASIA PACIFIC
TABLE 12 ASIA PACIFIC: SWITCHGEAR MARKET, BY TYPE, 2018–2025 (UNITS)
TABLE 13 ASIA PACIFIC: SWITCHGEAR MARKET, BY TYPE, 2018–2025 (USD BILLION)
7.5 MIDDLE EAST & AFRICA
TABLE 14 MIDDLE EAST & AFRICA: SWITCHGEAR MARKET, BY TYPE, 2018–2025 (UNITS)
TABLE 15 MIDDLE EAST & AFRICA: SWITCHGEAR MARKET, BY TYPE, 2018–2025 (USD BILLION)
7.6 SOUTH AMERICA
TABLE 16 SOUTH AMERICA: SWITCHGEAR MARKET, BY TYPE, 2018–2025 (UNITS)
TABLE 17 SOUTH AMERICA: SWITCHGEAR MARKET, BY TYPE, 2018–2025 (USD BILLION)
8 SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE (Page No. - 70)
8.1 INTRODUCTION
FIGURE 33 GIS SEGMENT LED GAS MONITORING SYSTEM MARKET IN 2019
TABLE 18 GAS MONITORING SYSTEM MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
8.2 GIS
8.2.1 MAXIMUM RELIABILITY AND LESS MAINTENANCE ARE EXPECTED TO DRIVE MARKET FOR THIS SEGMENT
TABLE 19 GIS: GAS MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
8.3 AIS
8.3.1 COST-EFFECTIVENESS OF AIS IS EXPECTED TO DRIVE MARKET FOR THIS SEGMENT
TABLE 20 AIS: GAS MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
9 SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE (Page No. - 74)
9.1 INTRODUCTION
FIGURE 34 HIGH VOLTAGE SEGMENT LED SWITCHGEAR MONITORING SYSTEM MARKET IN 2019
TABLE 21 TEMPERATURE MONITORING SYSTEM MARKET, BY VOLTAGE, 2018–2025 (USD MILLION)
9.2 HIGH VOLTAGE
9.2.1 NEED FOR MAXIMIZING RELIABILITY OF HIGH-TRANSMISSION NETWORKS IS EXPECTED TO DRIVE MARKET FOR THIS SEGMENT
TABLE 22 HIGH VOLTAGE: TEMPERATURE MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
9.3 MEDIUM VOLTAGE
9.3.1 GROWING INDUSTRIAL AND COMMERCIAL SECTORS IN DEVELOPING COUNTRIES ARE EXPECTED TO BOOST MARKET GROWTH
TABLE 23 MEDIUM VOLTAGE: TEMPERATURE MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
10 SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT (Page No. - 78)
10.1 INTRODUCTION
FIGURE 35 HARDWARE COMPONENT SEGMENT LED TEMPERATURE MONITORING SYSTEM MARKET IN 2019
TABLE 24 TEMPERATURE MONITORING SYSTEM MARKET, BY COMPONENT, 2018–2025 (USD MILLION)
10.2 HARDWARE
10.2.1 NEED TO CONTROL, MEASURE, AND ANALYZE DATA IS EXPECTED TO DRIVE MARKET FOR THIS SEGMENT
10.2.1.1 Intelligent equipment devices
10.2.1.2 Distribution network feeders
10.2.1.3 Others
TABLE 25 HARDWARE: TEMPERATURE MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
10.3 SOFTWARE & SERVICES
10.3.1 CONSTANT UPGRADES IN MONITORING MODULES ARE EXPECTED TO PROPEL MARKET FOR THIS SEGMENT
TABLE 26 SOFTWARE & SERVICES: TEMPERATURE MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
11 SWITCHGEAR MONITORING SYSTEM MARKET, BY MONITORING TYPE (Page No. - 83)
11.1 INTRODUCTION
FIGURE 36 TEMPERATURE MONITORING SEGMENT EXPECTED TO HOLD LARGEST MARKET SHARE, IN 2025
TABLE 27 TEMPERATURE MONITORING SYSTEM MARKET, BY MONITORING TYPE, 2018–2025 (USD MILLION)
11.2 TEMPERATURE MONITORING
11.2.1 COST-EFFECTIVE AND RELIABLE WAY TO MONITOR TEMPERATURE IS DRIVING MARKET FOR THIS SEGMENT
TABLE 28 TEMPERATURE MONITORING: TEMPERATURE MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
11.3 PARTIAL DISCHARGE MONITORING
11.3.1 GROWING NEED TO ELIMINATE UNPLANNED OUTAGES IS EXPECTED TO PROPEL MARKET GROWTH
TABLE 29 PARTIAL DISCHARGE MONITORING: TEMPERATURE MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
11.4 GAS MONITORING
11.4.1 GROWING INVESTMENTS IN RENEWABLE ENERGY ARE EXPECTED TO DRIVE MARKET FOR THIS SEGMENT
TABLE 30 GAS MONITORING: TEMPERATURE MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
11.5 OTHERS
TABLE 31 OTHERS MONITORING TYPE: TEMPERATURE MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
12 SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER (Page No. - 89)
12.1 INTRODUCTION
FIGURE 37 UTILITIES SEGMENT EXPECTED TO CONTINUE TO HOLD LARGEST MARKET SHARE, IN 2025
TABLE 32 TEMPERATURE MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
12.2 UTILITIES
12.2.1 GROWING INVESTMENTS IN T&D NETWORKS TO MEET INCREASING POWER DEMAND ARE EXPECTED TO DRIVE MARKET FOR THIS SEGMENT
TABLE 33 UTILITIES: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
12.3 INDUSTRIES
12.3.1 ADVANTAGES SUCH AS UNINTERRUPTED POWER SUPPLY AND FAULT PROTECTION ARE EXPECTED TO PROPEL MARKET GROWTH
TABLE 34 INDUSTRIES: TEMPERATURE MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
12.4 COMMERCIAL
12.4.1 RISING FOCUS ON INFRASTRUCTURAL DEVELOPMENT IS EXPECTED TO DRIVE MARKET FOR THIS SEGMENT
TABLE 35 COMMERCIAL: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
12.5 OTHERS
TABLE 36 OTHERS END USER: TEMPERATURE MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
13 SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION (Page No. - 95)
13.1 INTRODUCTION
FIGURE 38 REGIONAL SNAPSHOT: MARKET IN ASIA PACIFIC IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 39 PARTIAL DESCHARGE MONITORING SYSTEM MARKET SHARE (VALUE), BY REGION, 2019
TABLE 37 GLOBAL PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)
13.2 ASIA PACIFIC
13.2.1 IMPACT OF COVID-19 ON SWITCHGEAR MONITORING SYSTEM MARKET IN ASIA PACIFIC
FIGURE 40 ASIA PACIFIC: PARTIAL DESCHARGE MONITORING SYSTEM MARKET SNAPSHOT, 2019
13.2.2 BY TYPE
TABLE 38 ASIA PACIFIC: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.2.3 BY VOLTAGE
TABLE 39 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2018–2025 (USD MILLION)
13.2.4 BY COMPONENT
TABLE 40 ASIA PACIFIC: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY COMPONENT, 2018–2025 (USD MILLION)
13.2.5 BY MONITORING TYPE
TABLE 41 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY MONITORING TYPE, 2018–2025 (USD MILLION)
13.2.6 BY END USER
TABLE 42 ASIA PACIFIC: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.2.7 BY COUNTRY
TABLE 43 ASIA PACIFIC: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
13.2.7.1 China
13.2.7.1.1 Increasing focus on installation of digital switchgear is expected to drive market growth
13.2.7.1.2 List of top end users
13.2.7.1.3 By type
TABLE 44 CHINA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.2.7.1.4 By end user
TABLE 45 CHINA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.2.7.2 Australia
13.2.7.2.1 Growing investments in renewables and replacement of aging infrastructure are expected to drive demand for switchgear monitoring systems
13.2.7.2.2 List of top end users
13.2.7.2.3 By type
TABLE 46 AUSTRALIA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.2.7.2.4 By end user
TABLE 47 AUSTRALIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.2.7.3 Japan
13.2.7.3.1 Increasing focus on renewable energy and deployment of smart grid is driving market growth
13.2.7.3.2 List of top end users
13.2.7.3.3 By type
TABLE 48 JAPAN: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.2.7.3.4 By end user
TABLE 49 JAPAN: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.2.7.4 South Korea
13.2.7.4.1 Government initiatives toward renewable power generation are accelerating market growth
13.2.7.4.2 List of top end users
13.2.7.4.3 By type
TABLE 50 SOUTH KOREA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.2.7.4.4 By end user
TABLE 51 SOUTH KOREA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.2.7.5 Rest of Asia Pacific
13.2.7.5.1 List of top end users
13.2.7.5.2 By type
TABLE 52 REST OF ASIA PACIFIC: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.2.7.5.3 By end user
TABLE 53 REST OF ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.3 EUROPE
13.3.1 IMPACT OF COVID-19 ON EUROPEAN PARTIAL DESCHARGE MONITORING SYSTEM MARKET
FIGURE 41 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET SNAPSHOT, 2019
13.3.2 BY TYPE
TABLE 54 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.3.3 BY VOLTAGE
TABLE 55 EUROPE: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY VOLTAGE, 2018–2025 (USD MILLION)
13.3.4 BY COMPONENT
TABLE 56 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2018–2025 (USD MILLION)
13.3.5 BY MONITORING TYPE
TABLE 57 EUROPE: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY MONITORING TYPE, 2018–2025 (USD MILLION)
13.3.6 BY END USER
TABLE 58 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.3.7 BY COUNTRY
TABLE 59 EUROPE: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
13.3.7.1 Germany
13.3.7.1.1 Sustainable growth in renewable sector is expected to drive market growth
13.3.7.1.2 List of top end users
13.3.7.1.3 By type
TABLE 60 GERMANY: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.3.7.1.4 By end user
TABLE 61 GERMANY: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.3.7.2 UK
13.3.7.2.1 Growing investments in renewables are expected to drive market growth
13.3.7.2.2 List of top end users
13.3.7.2.3 By type
TABLE 62 UK: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.3.7.2.4 By end user
TABLE 63 UK: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.3.7.3 France
13.3.7.3.1 Growing focus on renewable power sources is propelling market growth
13.3.7.3.2 List of top end users
13.3.7.3.3 By type
TABLE 64 FRANCE: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.3.7.3.4 By end user
TABLE 65 FRANCE: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.3.7.4 Russia
13.3.7.4.1 Growing need for investments in T&D sector is boosting market growth
13.3.7.4.2 List of top end users
13.3.7.4.3 By type
TABLE 66 RUSSIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.3.7.4.4 By end user
TABLE 67 RUSSIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.3.7.5 Rest of Europe
13.3.7.5.1 List of top end users
13.3.7.5.2 By type
TABLE 68 REST OF EUROPE: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.3.7.5.3 By end user
TABLE 69 REST OF EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.4 NORTH AMERICA
13.4.1 IMPACT OF COVID-19 ON NORTH AMERICAN SWITCHGEAR MONITORING SYSTEM MARKET
13.4.2 BY TYPE
TABLE 70 NORTH AMERICA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.4.3 BY VOLTAGE
TABLE 71 NORTH AMERICA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY VOLTAGE, 2018–2025 (USD MILLION)
13.4.4 BY COMPONENT
TABLE 72 NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2018–2025 (USD MILLION)
13.4.5 BY MONITORING TYPE
TABLE 73 NORTH AMERICA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY MONITORING TYPE, 2018–2025 (USD MILLION)
13.4.6 BY END USER
TABLE 74 NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.4.7 BY COUNTRY
TABLE 75 NORTH AMERICA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
13.4.7.1 US
13.4.7.1.1 Existing power infrastructure upgrades are driving market growth
13.4.7.1.2 List of top end users
13.4.7.1.3 By type
TABLE 76 US: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.4.7.1.4 By end user
TABLE 77 US: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.4.7.2 Canada
13.4.7.2.1 Growing investments in T&D networks & upgrading infrastructure to accelerate market growth
13.4.7.2.2 List of top end users
13.4.7.2.3 By type
TABLE 78 CANADA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.4.7.2.4 By end user
TABLE 79 CANADA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.4.7.3 Mexico
13.4.7.3.1 Growing industrialization to boost market growth
13.4.7.3.2 List of top end users
13.4.7.3.3 By type
TABLE 80 MEXICO: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.4.7.3.4 By end user
TABLE 81 MEXICO: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.5 MIDDLE EAST & AFRICA
13.5.1 IMPACT OF COVID-19 ON SWITCHGEAR MONITORING SYSTEM MARKET IN MIDDLE EAST & AFRICA
13.5.2 BY TYPE
TABLE 82 MIDDLE EAST & AFRICA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.5.3 BY VOLTAGE
TABLE 83 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2018–2025 (USD MILLION)
13.5.4 BY COMPONENT
TABLE 84 MIDDLE EAST & AFRICA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY COMPONENT, 2018–2025 (USD MILLION)
13.5.5 BY MONITORING TYPE
TABLE 85 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY MONITORING TYPE, 2018–2025 (USD MILLION)
13.5.6 BY END USER
TABLE 86 MIDDLE EAST & AFRICA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.5.7 BY COUNTRY
TABLE 87 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
13.5.7.1 Saudi Arabia
13.5.7.1.1 Increasing investments in power projects are expected to drive market
13.5.7.1.2 List of top end users
13.5.7.1.3 By type
TABLE 88 SAUDI ARABIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.5.7.1.4 By end user
TABLE 89 SAUDI ARABIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.5.7.2 UAE
13.5.7.2.1 Increasing number of power projects for upgrading distribution networks boosts market growth
13.5.7.2.2 List of top end users
13.5.7.2.3 By type
TABLE 90 UAE: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.5.7.2.4 By end user
TABLE 91 UAE: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.5.7.3 Kuwait
13.5.7.3.1 Growing investments in power generation and distribution are likely to propel market growth
13.5.7.3.2 List of top end users
13.5.7.3.3 By type
TABLE 92 KUWAIT: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.5.7.3.4 By end user
TABLE 93 KUWAIT: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.5.7.4 South Africa
13.5.7.4.1 Rising investments in power capacity addition and energy efficiency to accelerate market growth
13.5.7.4.2 List of top end users
13.5.7.4.3 By type
TABLE 94 SOUTH AFRICA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.5.7.4.4 By end user
TABLE 95 SOUTH AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.5.7.5 Rest of Middle East & Africa
13.5.7.5.1 List of top end users
13.5.7.5.2 By type
TABLE 96 REST OF MIDDLE EAST & AFRICA: PARTIAL DESCHARGE MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.5.7.5.3 By end user
TABLE 97 REST OF MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.6 SOUTH AMERICA
13.6.1 IMPACT OF COVID-19 ON SOUTH AMERICAN SWITCHGEAR MONITORING SYSTEM MARKET
13.6.2 BY TYPE
TABLE 98 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.6.3 BY VOLTAGE
TABLE 99 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2018–2025 (USD MILLION)
13.6.4 BY COMPONENT
TABLE 100 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2018–2025 (USD MILLION)
13.6.5 BY MONITORING TYPE
TABLE 101 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY MONITORING TYPE, 2018–2025 (USD MILLION)
13.6.6 BY END USER
TABLE 102 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.6.7 BY COUNTRY
TABLE 103 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
13.6.7.1 Brazil
13.6.7.1.1 Modernization of existing power infrastructures and high electricity demand are expected to drive market
13.6.7.1.2 List of top end users
13.6.7.1.3 By type
TABLE 104 BRAZIL: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.6.7.1.4 By end user
TABLE 105 BRAZIL: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.6.7.2 Argentina
13.6.7.2.1 Increasing investments in renewable sector and growing focus in T&D utilities are propelling market growth
13.6.7.2.2 List of top end users
13.6.7.2.3 By type
TABLE 106 ARGENTINA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.6.7.2.4 By end user
TABLE 107 ARGENTINA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
13.6.7.3 Rest of South America
13.6.7.3.1 List of top end users
13.6.7.3.2 By type
TABLE 108 REST OF SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION)
13.6.7.3.3 By end user
TABLE 109 REST OF SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2018–2025 (USD MILLION)
14 COMPETITIVE LANDSCAPE (Page No. - 154)
14.1 KEY PLAYERS STRATEGIES
TABLE 110 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, 2016–JULY 2020
14.2 MARKET EVALUATION FRAMEWORK
FIGURE 42 MARKET EVALUATION FRAMEWORK
14.3 REVENUE ANALYSIS OF TOP 5 PLAYERS
FIGURE 43 SWITCHGEAR MONITORING SYSTEM MARKET SHARE ANALYSIS IN 2019
14.4 COMPANY EVALUATION QUADRANT
14.4.1 STAR
14.4.2 EMERGING LEADERS
14.4.3 PERVASIVE
14.4.4 EMERGING COMPANIES
FIGURE 44 COMPETITIVE LEADERSHIP MAPPING: SWITCHGEAR MONITORING SYSTEM MARKET, 2019
14.5 COMPETITIVE SCENARIO
14.5.1 NEW PRODUCT LAUNCHES
14.5.2 PARTNERSHIPS/COLLABORATIONS
14.5.3 CONTRACTS & AGREEMENTS
14.5.4 MERGERS & ACQUISITIONS
15 COMPANY PROFILES (Page No. - 162)
(Business and financial overview, Products offered, Recent developments & MnM View)*
15.1 SCHNEIDER ELECTRIC
FIGURE 45 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
15.2 GENERAL ELECTRIC
FIGURE 46 GENERAL ELECTRIC: COMPANY SNAPSHOT
15.3 ABB
FIGURE 47 ABB: COMPANY SNAPSHOT
15.4 SIEMENS
FIGURE 48 SIEMENS: COMPANY SNAPSHOT
15.5 EATON
FIGURE 49 EATON: COMPANY SNAPSHOT
15.6 FORTIVE
FIGURE 50 FORTIVE: COMPANY SNAPSHOT
15.7 MITSUBISHI ELECTRIC
FIGURE 51 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT
15.8 KONČAR-ELECTRICAL ENGINEERING INSTITUTE
15.9 TIARA VIBRASINDO PRATAMA
15.10 SENSEOR
15.11 INDEPENDENT POWER ENGINEERING CONSULTANTS
15.12 ALTANOVA
15.13 DYNAMIC RATING
15.14 OSENSA
15.15 MEGGERS
15.16 HIGH VOLTAGE PARTIAL DISCHARGE (HVPD)
15.17 RUGGED MONITORING
15.18 POWER DIAGNOSTIC SERVICE
15.19 DOBLE ENGINEERING
15.20 NUVENTURA
*Details on Business and financial overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
16 APPENDIX (Page No. - 192)
16.1 INSIGHTS OF INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 AVAILABLE CUSTOMIZATIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
This study involved four major activities in estimating the current market size for switchgear monitoring system. Exhaustive secondary research was done to collect information on the market and the peer 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. After that, 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, World Bank, US DOE, IEA, to identify and collect information useful for a technical, market-oriented, and commercial study of the global switchgear monitoring system 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 monitoring system market comprises several stakeholders, such as public and private electric utilities, distribution companies, switchgear manufacturers, dealers, and suppliers, switchgear monitoring system component manufacturers, energy & power sector consulting companies and others. The demand side of this market is characterized by estimating the year on year investment on electrical equipment and historical investment trends in T&D networks. 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 as following
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 monitoring system 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.
Global Switchgear monitoring system Market Size: Bottom-Up Approach
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, describe, switchgear monitoring system market, based on type, component, voltage, monitoring type, and end user
- To provide detailed information on the major factors influencing the growth of the switchgear monitoring system market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the switchgear monitoring system market with respect to individual growth trends, prospects, and contribution of each segment to the market
- To analyze the impact of COVID-19 on the switchgear monitoring system market for the estimation of the market size
- To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders
- To forecast the growth of the switchgear monitoring system market with respect to the major regions (Asia Pacific, Europe, North America, South America, the Middle East, and Africa)
- To strategically profile key players and comprehensively analyze their market share and core competencies
- To track and analyze competitive developments, such as new product launches, contracts & agreements, investments & expansions, and mergers & acquisitions, in the switchgear monitoring system market
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)
Growth opportunities and latent adjacency in Switchgear Monitoring System Market