Global high voltage switchgear market expected to reach approximately USD 16.66 billion by 2024, growing at a CAGR of around 5.48% between 2018 and 2024. High voltage switchgear is an essential part of power systems, i.e., from power generation to distribution and transmission.
High Voltage Switchgear Market
The report covers forecast and analysis for the high voltage switchgear market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024based on revenue (USD Billion). The study includes drivers and restraints for the high voltage switchgear market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the high voltage switchgear market on a global level.
In order to give the users of this report a comprehensive view on the high voltage switchgear market, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the high voltage switchgear market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.
The high voltage switchgear market is segmented based on type, component, application, and region. On the basis of type, the global high voltage switchgear market is divided into air insulated, gas insulated, and others. By component, the market is divided into a circuit breaker, relays, measuring instruments, transformers, and others. Various applications analyzed in this market are power generation, transmission and distribution, infrastructure development, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further fragmentation into major countries.
The report covers a detailed competitive outlook including company profiles of the key participants operating in the global high voltage switchgear market. Key players profiled in this market reportareABB Ltd., Fuji Electric Co. Ltd., General Electric, Crompton Greaves Ltd., Eaton Corporation, Mitsubishi Electric Corporation, Hyosung Corporation, Schneider Electric SE, Siemens AG, and Toshiba Corporation, among others.
This report segments the high voltage switchgear market as follows:
Global High Voltage Switchgear Market: Type Segment Analysis
Global High Voltage Switchgear Market: Component Segment Analysis
Global High Voltage Switchgear Market: Application Segment Analysis
Global High Voltage Switchgear Market: Regional Segment Analysis