1h Free Analyst Time
The switchgear and switchboard apparatus market is forecasted to grow by USD 36.93 bn during 2023-2028, accelerating at a CAGR of 6.88% during the forecast period. The report on the switchgear and switchboard apparatus 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 global demand for power, capacity expansion for renewable power generation, and a rise in several residential and commercial building projects.
The switchgear and switchboard apparatus market is segmented as below:
By Power Rating
- Medium voltage (2-36 kV)
- High voltage (above 36 kV)
- Low voltage (up to 1 kV)
By Type
- GIS (gas insulated switchgear)
- AIS (air insulated switchgear)
- Others
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the switchgear and switchboard apparatus market covers the following areas:
- Switchgear and switchboard apparatus market sizing
- Switchgear and switchboard apparatus market forecast
- Switchgear and switchboard apparatus 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 publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through 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 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 Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global switchgear and switchboard apparatus market: ABB Ltd., Bharat Heavy Electricals Ltd., CG Power and Industrial Solutions Ltd., Eaton Corp. Plc, General Electric Co., Havells India Ltd., Hitachi Ltd., Hubbell Inc., Hyosung Corp., Hyundai Electric and Energy Systems Co. Ltd., Legrand SA, Luck Switchgear, Mitsubishi Electric Corp., Powell Industries Inc., Schneider Electric SE, Secheron SA, Siemens AG, Switchgear and Control Technics Pvt. Ltd., Toshiba Corp., and Tricolite.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing launches of switchgear by vendors.'
According to the report, one of the major drivers for this market is the increasing global demand for power.
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 and 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.
- Bharat Heavy Electricals Ltd.
- CG Power and Industrial Solutions Ltd.
- Eaton Corp. Plc
- General Electric Co.
- Havells India Ltd.
- Hitachi Ltd.
- Hubbell Inc.
- Hyosung Corp.
- Hyundai Electric and Energy Systems Co. Ltd.
- Legrand SA
- Luck Switchgear
- Mitsubishi Electric Corp.
- Powell Industries Inc.
- Schneider Electric SE
- Secheron SA
- Siemens AG
- Switchgear and Control Technics Pvt. Ltd.
- Toshiba Corp.
- Tricolite
