Medium Voltage Switchgear Growth Opportunities

Future Growth Potential Enhanced by Environmentally Friendly Products, Digital Products, and New Business Models

This research service is a comprehensive study of the medium voltage (MV) switchgear equipment (rated between 1.1kV and 40.5kV) market growth during the forecast period, from 2021 to 2030. The report presents market revenue forecast based on region (North America, Europe, Asia-Pacific, the Middle East, Latin America, and Africa), followed by a market revenue forecast based on insulation (air insulated and gas insulated) and based on end-user segment (e.g., utilities, commercial, and industrial).

The study sheds light on market dynamics (e.g., growth drivers and growth restraints) that are expected to impact developments in the global MV switchgear market during the forecast period. Information presented in the report is based on historical data and data gathered through interactions with various key stakeholders worldwide. In addition, the study presents an overview of regional trends and global end-user trends, highlights potential growth opportunities for MV switchgear manufacturers and other market participants, and derives strategic imperatives for companies to follow as recommendations.

Key Issues Addressed:

• Is the global MV switchgear market growing? How long will it continue to grow and at what rate?
• What are some of the key growth opportunities for MV switchgear vendors?
• Which regions will likely register strong growth during the forecast period?
• What are the growth projections for air insulated and gas insulated during the forecast period?
• Which end-user segment will likely register higher revenue growth?
• Who are the main competitors in the market?