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The air insulated switchgear market is forecasted to grow by USD 25.88 billion during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the air insulated switchgear market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing renewable power generation, increasing global power demand, and increasing application of air insulated switchgear in industrial settings.
The air insulated switchgear market is segmented as below:
By Power Rating
- Low voltage
- Medium voltage
- High voltage
By Deployment
- Indoor
- Outdoor
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the air insulated switchgear market covers the following areas:
- Air insulated switchgear market sizing
- Air insulated switchgear market forecast
- Air insulated switchgear market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Power Rating
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global air insulated switchgear market: ABB Ltd., alfanar Group, C and S Electric Ltd., CG Power and Industrial Solutions Ltd., Eaton Corp. Plc, ELATEC POWER DISTRIBUTION GmbH, EPE Switchgear M Sdn. Bhd., General Electric Co., Larsen and Toubro Ltd., Lucy Group Ltd., Mitsubishi Electric Corp., Schneider Electric SE, Siemens AG, Sumitomo Electric Industries Ltd., Tavrida Electric GmbH, Tokyo Electric Power Co. Holdings Inc., Toshiba Corp., UNISUN ELECTRIC, VELATIA S.L, and ZPUE S.A..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growth of smart electricity grid infrastructure."
According to the report, one of the major drivers for this market is the growing renewable power generation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- alfanar Group
- C and S Electric Ltd.
- CG Power and Industrial Solutions Ltd.
- Eaton Corp. Plc
- ELATEC POWER DISTRIBUTION GmbH
- EPE Switchgear M Sdn. Bhd.
- General Electric Co.
- Larsen and Toubro Ltd.
- Lucy Group Ltd.
- Mitsubishi Electric Corp.
- Schneider Electric SE
- Siemens AG
- Sumitomo Electric Industries Ltd.
- Tavrida Electric GmbH
- Tokyo Electric Power Co. Holdings Inc.
- Toshiba Corp.
- UNISUN ELECTRIC
- VELATIA S.L
- ZPUE S.A.