Switchgear Market By Voltage (Less than 1 kV, 1–36 kV, 36–72.5 kV, More than 72.5 kV), By End User (Commercial and Residential Infrastructure, Manufacturing and Process Industries, Transmission and Distribution Utilities), By Equipment (Circuit breakers, Air Insulated switchgear, Gas insulated switchgear), Industry Trends, Estimation & Forecast, 2017 – 2025

July 2018

 Pages: 186

 ERC 8282


Switchgear Market is expected to grow with a CAGR of xx% during the forecast period of 2018 to 2025.

Switchgear is a combination of electrical switch and fuse or circuit breaker that is used to isolate electrical equipment in an electrical system in order to protect it against short circuits and power overloads. It also has devices such as actuator and relays that distribute and regulate the flow of electric current and maintains healthy life of electrical equipment. Wide voltage range of switchgears ranging from as low as 220 V and reaching upto 1,100 kV, leads to an accelerated growth of the switchgear market across the globe. Along with this, increasing investments in infrastructure, growing demand of renewable energy sources, and upgradation of outdated power grids will further propel the growth of the switchgear market. According to ASCE, by 2020, US is anticipated to investment approximately USD 107 billion in power sector. Such huge investments in the U.S power sector is expected to create lucrative opportunities for the market players in the regional switchgear market. However, large space required by conventional switchgears along with the high cost associated with them is hampering the growth of the switchgear market globally. On the other hand, the surge in demand for modular or integrated switchgear is anticipated to render profitable opportunities to the market players during the upcoming years.

The report provides detailed qualitative and quantitative analysis of the in switchgear market. Market size and forecast in terms of value and volume has been provided for the period - (2017 – 2025) for the segments namely voltage, end user, and equipment in each of the major regions.

Switchgear Market Player Analysis

The report presents detailed analysis of major players operating in switchgear market. Few of them include Eaton Corporation, Siemens AG, Larsen & Toubro Ltd, ABB Ltd., General Electric Company, Schneider Electric SE, Alstom SA, Hitachi, Ltd., ELEKTROBUDOWA SA GROUP, Hawker Siddeley Switchgear Ltd., Hyosung Corporation, CG Power and Industrial Solutions Limited, Efacec Power Solutions – S.G.P.S. S.A., Mitsubishi Electric Corporation, and Toshiba Corporation. Detailed coverage on these market players with information on their revenue from switchgear business, market share, gross margin and their growth strategies have been provided in the report.

Switchgear Market Segmentation

Switchgear market is segmented on the basis of voltage, end user, equipment, and geography. By voltage, the market is segmented into less than 1 kv, 1–36 kv, 36–72.5 kv, and more than 72.5 kv. Based on end user, the market is categorized into commercial and residential infrastructure, manufacturing & process industries, and transmission & distribution utilities. On the basis of equipment, the market is segregated into circuit breakers, air insulated switchgear, gas insulated switchgear. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Switchgear Market Segmentation

By Voltage
• Less than 1 kV
• 1–36 kV
• 36–72.5 kV
• More than 72.5 kV

By End User
• Commercial and Residential Infrastructure
• Manufacturing and Process Industries
• Transmission and Distribution Utilities

By Equipment
• Circuit breakers
• Air Insulated switchgear
• Gas insulated switchgear

By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o France
o Germany
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Korea
o Rest of APAC
• South America
o Brazil
o Rest of South America
• Rest of the World
o Middle East
o Africa

Switchgear Market Key Players

• Eaton Corporation
• Siemens AG
• Larsen & Toubro Ltd.
• ABB, Ltd.
• General Electric Company
• Schneider Electric SE
• Alstom SA
• Hitachi, Ltd.
• Hawker Siddeley Switchgear Ltd.
• Hyosung Corporation
• CG Power and Industrial Solutions Limited
• Efacec Power Solutions – S.G.P.S.S.A.
• Mitsubishi Electric Corporation
• Toshiba Corporation

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    What Information does this report contain?

    • What was the market size of the Switchgear Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Switchgear Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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