+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Air and Gas Insulated MV Switchgear Regional Market Analysis - North America

  • Report

  • 68 Pages
  • August 2024
  • Region: North America
  • PTR Inc.
  • ID: 5695822

North American MV Switchgear Market Forecasted to Surge Amid Distributed Generation and EV Penetration, with AIS and GIS Markets Poised for Growth

With an active increase in Distributed Generation (DERs) and Electric Vehicle (EV) penetration, grid dynamics at the distribution level are more complex than ever. MV Switchgear market has further complex demand dynamics considering the varying distribution grid structure around the world and factors like primary vs secondary switchgear use and equipment preferences (Indoor vs Outdoor).

The switchgear market in NAM is forecasted to experience healthy annual revenue growth over the next 5 years after recovering from the COVID-19-induced revenue slump. The analyst expects the AIS market to achieve a Compound Annual Growth Rate (CAGR) of 9% for primary and 7.5% for secondary topologies at the end of the forecast period, translating to an annual market revenue of over USD 4.2 billion in 2028. While the GIS annual revenue market is expected to grow at a CAGR of 6% for primary and 10% for secondary topologies.

Although no federal-level regulations exist in the USA regarding phasing out of SF6 in electrical equipment, the Environmental Protection Agency (EPA) has set out best practices for handling SF6 in electrical equipment and, through partnerships with utilities, encourages the phasing out of SF6. A major utility, Pacific Gas and Electric Company (PG&E) has already phased out the use of SF6 at the MV levels and is moving to phase out the use of SF6 in all High Voltage (HV) gas-insulated equipment.

Scope

This MV Switchgear research service focuses on three application verticals where MV Switchgear is used: Distribution, Generation, and Industry in the NAM region. This service looks at these verticals indepth, analyzing the market trends and growth factors by looking at the deployment strategies of utilities, IPPs, and industrial customers.

This understanding, coupled with the knowledge of design topologies in every country, ensures that the final analysis is highly detailed and covers all aspects of the market, both technically and strategically.

This service gives a comprehensive analysis of the competitive landscape in addition to market accessibility research in NAM. Further segmentation by technology, voltage, and application is also possible should our clients require specific details.

Countries Covered:

  • USA
  • Canada
  • Mexico

Products Mentioned:

  • AIS Primary/Secondary MV Switchgear 1-12kV
  • AIS Primary/Secondary MV Switchgear 12-17.5kV
  • AIS Primary/Secondary MV Switchgear 17.5-24kV
  • AIS Primary/Secondary MV Switchgear 24-42kV
  • GIS Primary/Secondary MV Switchgear 1-12kV
  • GIS Primary/Secondary MV Switchgear 12-17.5kV
  • GIS Primary/Secondary MV Switchgear 17.5-24kV
  • GIS Primary/Secondary MV Switchgear 24-42kV

Reasons to Purchase:

  • Gain a strategic perspective with a regional dataset of the NAM MV switchgear market, featuring separate broken-out data for three key countries.
  • Gauge the expected growth (CAGR) of MV switchgear markets until 2030, considering annual market and installed base, in terms of units, and revenue. Understand the key factors driving this growth.
  • Segment the MV switchgear market based on voltage buckets, spanning from 1 kV to <42 kV, and quantify the market size within the Generation, Utilities, and Industry verticals.
  • Explore various scenario forecasts, including High case, Base case, and Low case.
  • Identify crucial policies, regulations, and drivers shaping regional demand for MV switchgear.

Who Should Buy the Report:

  • Marketing Manager
  • Director of Marketing
  • Head of Marketing
  • VP of Marketing
  • Strategic Marketing Director
  • Head of Strategic Marketing
  • Head of Market Intelligence
  • Manager Business Intelligence
  • Strategy Development
  • Director, Strategy Development
  • Commercial Analyst
  • Market Analyst
  • Marketing Analyst
  • Head of Sales
  • Director of Sales

Research Methodology

The information contained in the report has been gathered through authentic online sources used for secondary research and has been verified through interviews with industry professionals conducted as part of primary research.



This product will be delivered within 1-3 business days.

Table of Contents


1. Executive Summary
2. Region Overview
I. Market Setting
II. Equipment Standards

3. Market Sizing
I. NAM MV Switchgear Market Sizing and Growth Drivers
II. USA AIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
III. USA GIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
IV. Canada AIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
V. Canada GIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
VI. Mexico AIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
VII. Mexico GIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments

4. Competitive Analysis
I. Market Shares
a. USA
b. Canada
c. Mexico
II. Manufacturing Locations
III. Product Benchmarking
IV. M&A Activity

5. Key Market Trends
I. Digital Switchgear
II. Impact of F-Gas Regulations

List of Tables and Figures
  • NAM AIS Primary Market Size (Revenue)
  • NAM AIS Secondary market Size (Revenue)
  • NAM GIS Primary Market Size (Revenue)
  • NAM GIS Secondary market Size (Revenue)
  • NAM Annual Market by Vertical (Units - 2023)
  • NAM AIS/GIS OEM Market Shares (2023)
  • Regional Market Setting
  • Regional Equipment Standards
  • USA Primary/Secondary AIS Installed Base Year on Year (Units)
  • USA Primary AIS Installed Base Segmentation by Voltage (Units - 2023)
  • USA Secondary AIS Installed Base Segmentation by Voltage (Units - 2023)
  • USA Primary AIS Installed Base Segmentation by Vertical (Units - 2023)
  • USA Secondary AIS Installed Base Segmentation by Vertical (Units - 2023)
  • USA Primary/Secondary AIS Annual Market Year on Year (Units)
  • USA Primary AIS Annual Market Segmentation by Voltage (Units - 2023)
  • USA Secondary AIS Annual Market Segmentation by Voltage (Units - 2023)
  • USA Primary AIS Annual Market Segmentation by Vertical (Units - 2023)
  • USA Secondary AIS Annual Market Segmentation by Vertical (Units - 2023)
  • USA Primary/Secondary AIS Annual Market Year on Year (Revenue)
  • USA Primary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • USA Secondary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • USA Primary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • USA Secondary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • USA Primary/Secondary GIS Installed Base Year on Year (Units)
  • USA Primary GIS Installed Base Segmentation by Voltage (Units - 2023)
  • USA Secondary GIS Installed Base Segmentation by Voltage (Units - 2023)
  • USA Primary GIS Installed Base Segmentation by Vertical (Units - 2023)
  • USA Secondary GIS Installed Base Segmentation by Vertical (Units - 2023)
  • USA Primary/Secondary GIS Annual Market Year on Year (Units)
  • USA Primary GIS Annual Market Segmentation by Voltage (Units - 2023)
  • USA Secondary GIS Annual Market Segmentation by Voltage (Units - 2023)
  • USA Primary GIS Annual Market Segmentation by Vertical (Units - 2023)
  • USA Secondary GIS Annual Market Segmentation by Vertical (Units - 2023)
  • USA Primary/Secondary GIS Annual Market Year on Year (Revenue)
  • USA Primary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • USA Secondary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • USA Primary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • USA Secondary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • Mexico Primary/Secondary AIS Installed Base Year on Year (Units)
  • Mexico Primary AIS Installed Base Segmentation by Voltage (Units - 2023)
  • Mexico Secondary AIS Installed Base Segmentation by Voltage (Units - 2023)
  • Mexico Primary AIS Installed Base Segmentation by Vertical (Units - 2023)
  • Mexico Secondary AIS Installed Base Segmentation by Vertical (Units - 2023)
  • Mexico Primary/Secondary AIS Annual Market Year on Year (Units)
  • Mexico Primary AIS Annual Market Segmentation by Voltage (Units - 2023)
  • Mexico Secondary AIS Annual Market Segmentation by Voltage (Units - 2023)
  • Mexico Primary AIS Annual Market Segmentation by Vertical (Units - 2023)
  • Mexico Secondary AIS Annual Market Segmentation by Vertical (Units - 2023)
  • Mexico Primary/Secondary AIS Annual Market Year on Year (Revenue)
  • Mexico Primary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • Mexico Secondary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • Mexico Primary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • Mexico Secondary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • Mexico Primary/Secondary GIS Installed Base Year on Year (Units)
  • Mexico Primary GIS Installed Base Segmentation by Voltage (Units - 2023)
  • Mexico Secondary GIS Installed Base Segmentation by Voltage (Units - 2023)
  • Mexico Primary GIS Installed Base Segmentation by Vertical (Units - 2023)
  • Mexico Secondary GIS Installed Base Segmentation by Vertical (Units - 2023)
  • Mexico Primary/Secondary GIS Annual Market Year on Year (Units)
  • Mexico Primary GIS Annual Market Segmentation by Voltage (Units - 2023)
  • Mexico Secondary GIS Annual Market Segmentation by Voltage (Units - 2023)
  • Mexico Primary GIS Annual Market Segmentation by Vertical (Units - 2023)
  • Mexico Secondary GIS Annual Market Segmentation by Vertical (Units - 2023)
  • Mexico Primary/Secondary GIS Annual Market Year on Year (Revenue)
  • Mexico Primary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • Mexico Secondary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • Mexico Primary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • Mexico Secondary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • Canada Primary/Secondary AIS Installed Base Year on Year (Units)
  • Canada Primary AIS Installed Base Segmentation by Voltage (Units - 2023)
  • Canada Secondary AIS Installed Base Segmentation by Voltage (Units - 2023)
  • Canada Primary AIS Installed Base Segmentation by Vertical (Units - 2023)
  • Canada Secondary AIS Installed Base Segmentation by Vertical (Units - 2023)
  • Canada Primary/Secondary AIS Annual Market Year on Year (Units)
  • Canada Primary AIS Annual Market Segmentation by Voltage (Units - 2023)
  • Canada Secondary AIS Annual Market Segmentation by Voltage (Units - 2023)
  • Canada Primary AIS Annual Market Segmentation by Vertical (Units - 2023)
  • Canada Secondary AIS Annual Market Segmentation by Vertical (Units - 2023)
  • Canada Primary/Secondary AIS Annual Market Year on Year (Revenue)
  • Canada Primary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • Canada Secondary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • Canada Primary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • Canada Secondary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • Canada Primary/Secondary GIS Installed Base Year on Year (Units)
  • Canada Primary GIS Installed Base Segmentation by Voltage (Units - 2023)
  • Canada Secondary GIS Installed Base Segmentation by Voltage (Units - 2023)
  • Canada Primary GIS Installed Base Segmentation by Vertical (Units - 2023)
  • Canada Secondary GIS Installed Base Segmentation by Vertical (Units - 2023)
  • Canada Primary/Secondary GIS Annual Market Year on Year (Units)
  • Canada Primary GIS Annual Market Segmentation by Voltage (Units - 2023)
  • Canada Secondary GIS Annual Market Segmentation by Voltage (Units - 2023)
  • Canada Primary GIS Annual Market Segmentation by Vertical (Units - 2023)
  • Canada Secondary GIS Annual Market Segmentation by Vertical (Units - 2023)
  • Canada Primary/Secondary GIS Annual Market Year on Year (Revenue)
  • Canada Primary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • Canada Secondary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
  • Canada Primary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • Canada Secondary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
  • AIS Switchgear Market Shares by Top Suppliers USA
  • GIS Switchgear Market Shares by Top Suppliers USA
  • AIS Switchgear Market Shares by Top Suppliers Mexico
  • GIS Switchgear Market Shares by Top Suppliers Mexico
  • AIS Switchgear Market Shares by Top Suppliers Canada
  • GIS Switchgear Market Shares by Top Suppliers Canada
  • AIS Switchgear Market Shares by Top Suppliers NAM
  • GIS Switchgear Market Shares by Top Suppliers NAM
  • Manufacturing Locations of Top Suppliers
  • Competitive Analysis - Product Benchmarking of Top Suppliers
  • Competitive Analysis - M&A Activity

Companies Mentioned

  • ABB
  • Schneider Electric
  • Siemens
  • Eaton
  • Powell Industries