Switchgear Market By Voltage (Low Voltage, Medium Voltage, and High Voltage), By Insulation (Air, Gas, Oil, and Vacuum), and By End Users (Utilities, Industrial, and Residential & Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024

Global switchgear market expected to reach USD 161.21 billion in 2024, growing at a CAGR of 7.19% between 2018 and 2024. In an electronic circuitry framework, switchgear is an array of fuses and electrical switches which help to secure and protect electrical gadgets from internal or external damage.

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01-Aug-2018 | Number of pages: 120 | Report Code: ZMR-2027 | Report Format : | Status : Published

Abstract

The report covers forecast and analysis for the switchgear market on a global and regional level. The study provides historical data of 2015-2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the 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 switchgear market on a global level. 

In order to give the users of this report a comprehensive view of the 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 switchgear market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the switchgear market by segmenting the market based on voltage, insulation, and end users. All the application segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Key voltage segments covered under this study include low voltage, medium voltage, and high voltage. On the basis of insulation, the market has been segmented into air, gas, oil, and vacuum. On the basis of end users, the market has been segmented into utilities, industrial, residential & commercial. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. This segmentation includes demand for switchgear based on individual applications in all the regions and countries.

The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Some of the major players involved in the global switchgear market include ABB, Crompton Greaves, Larsen and Turbo, Schneider Electric, Siemens, GE, Eaton, Mitsubishi Electric Systems, Toshiba, Schneider Electric, Bharat Heavy Electrical Limited, Hubbell Power System Inc., Rittal, Meidensha Corporation, and Ormazabal.

This report segments the global switchgear market as follows:

Switchgear Market: Voltage Analysis

  • Low Voltage
  • Medium Voltage
  • High Voltage

Switchgear Market: Insulation Analysis

  • Air
  • Gas
  • Oil
  • Vacuum

Switchgear Market: End Users Analysis

  • Utilities
  • Industrial
  • Residential & Commercial

Switchgear Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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