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The low and medium voltage switchgear market is forecasted to grow by USD 45.84 billion during 2023-2028, accelerating at a CAGR of 7.1% during the forecast period. The report on the low and medium voltage 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 increasing electricity generation, increasing implementation of smart grid technology, and capacity expansion for renewable power generation.
The low and medium voltage switchgear market is segmented as below:
By Type
- GIS
- AIS
By Installation Sites
- Indoor
- Outdoor
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the low and medium voltage switchgear market covers the following areas:
- Low and medium voltage switchgear market sizing
- Low and medium voltage switchgear market forecast
- Low and medium voltage 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 Type
7 Market Segmentation by Installation Sites
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 low and medium voltage switchgear market: ABB Ltd., CG Power and Industrial Solutions Ltd., DRIESCHER GmbH, Eaton Corp. Plc, Efacec, Fuji Electric Co. Ltd., General Electric Co., Hyosung Heavy Industries Corp., LS ELECTRIC Co. Ltd., Meidensha Corp., Mitsubishi Electric Corp., Powell Industries Inc., Regal Rexnord Corp., Schneider Electric SE, Siemens AG, SIM Switchgear Ltd., Switchgear for energy technology GmbH, TGOOD Global Ltd., Toshiba Corp., and Zhejiang CHINT Electrics Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing focus on infrastructure and renewable energy sources."
According to the report, one of the major drivers for this market is the increasing electricity 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.
- CG Power and Industrial Solutions Ltd.
- DRIESCHER GmbH
- Eaton Corp. Plc
- Efacec
- Fuji Electric Co. Ltd.
- General Electric Co.
- Hyosung Heavy Industries Corp.
- LS ELECTRIC Co. Ltd.
- Meidensha Corp.
- Mitsubishi Electric Corp.
- Powell Industries Inc.
- Regal Rexnord Corp.
- Schneider Electric SE
- Siemens AG
- SIM Switchgear Ltd.
- Switchgear for energy technology GmbH
- TGOOD Global Ltd.
- Toshiba Corp.
- Zhejiang CHINT Electrics Co. Ltd.
