The global switchgear market size is expected to reach around US$ 109.2 billion by 2030 from US$ 71.38 billion in 2021 and is expected to grow at an impressive double-digit rate of 4.8% from 2022 to 2030. The global switchgear market is expected to witness a rapid surge in demand owing to the surging investments in the development of new power infrastructure.
The study includes drivers and restraints of this market. The study provides an analysis of the global switchgear market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.+
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Key Market Developments
- In July 2019, Eaton acquired Innovative Switchgear Solution, Inc. that aimed at expanding the product portfolio of Eaton in the medium voltage electrical equipment.
- In April 2020, ABB launched UniGear ZS1 63 kA to expand its UniGear medium voltage product portfolio.
- In January 2020, Siemens AG completed the acquisition of C&S Electric Limited, a New Delhi based company that aimed at the operations and components of low voltage switchgear business.
- In August 2019, MHI Vestas Offshore Wind entered into an agreement with Shihlin Electric Co. and Mitshubishi Electric Europe BV for providing high voltage switchgear.
Why should you invest in this report?
If you are aiming to enter the global switchgear market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for switchgear are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global switchgear market include:
- Caterpillar
- Powell Industries
- ABB Ltd.
- WEG SA
- Eaton Corporation
- Alstom
- Toshiba Corporation
- IEM
- Siemens AG
- BHEL
- TIPECO
- Crompton Greeves
- Hitachi Limited
- Fuji Electric
- Meta Switchgear
Market Segmentation:
By Voltage
- High
- Medium
- Low
By Insulation
- Air
- Oil
- Gas
- Vacuum
By Installation
- Outdoor
- Indoor
By End User
- Transmission & Distribution Utility
- Industrial
- Residential & Commercial
Regional Analysis:
The geographical analysis of the global switchgear market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global switchgear Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global switchgear market in 2030?
- What is the expected CAGR for the switchgear market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global switchgear market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Switchgear Market
5.1. COVID-19 Landscape: Switchgear Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Switchgear Market, By Voltage
8.1. Switchgear Market, by Voltage Type, 2022-2030
8.1.1. High
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Medium
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Low
8.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Switchgear Market, By Insulation
9.1. Switchgear Market, by Insulation, 2022-2030
9.1.1. Air
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Oil
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Gas
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Vacuum
9.1.4.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Switchgear Market, By Installation
10.1. Switchgear Market, by Installation, 2022-2030
10.1.1. Outdoor
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Indoor
10.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Switchgear Market, By End User
11.1. Switchgear Market, by End User, 2022-2030
11.1.1. Transmission & Distribution Utility
11.1.1.1. Market Revenue and Forecast (2019-2030)
11.1.2. Industrial
11.1.2.1. Market Revenue and Forecast (2019-2030)
11.1.3. Residential & Commercial
11.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 12. Global Switchgear Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.1.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.1.3. Market Revenue and Forecast, by Installation (2019-2030)
12.1.4. Market Revenue and Forecast, by End User (2019-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.1.5.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.1.5.3. Market Revenue and Forecast, by Installation (2019-2030)
12.1.5.4. Market Revenue and Forecast, by End User (2019-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.1.6.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.1.6.3. Market Revenue and Forecast, by Installation (2019-2030)
12.1.6.4. Market Revenue and Forecast, by End User (2019-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.2.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.2.3. Market Revenue and Forecast, by Installation (2019-2030)
12.2.4. Market Revenue and Forecast, by End User (2019-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.2.5.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.2.5.3. Market Revenue and Forecast, by Installation (2019-2030)
12.2.5.4. Market Revenue and Forecast, by End User (2019-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.2.6.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.2.6.3. Market Revenue and Forecast, by Installation (2019-2030)
12.2.6.4. Market Revenue and Forecast, by End User (2019-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.2.7.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.2.7.3. Market Revenue and Forecast, by Installation (2019-2030)
12.2.7.4. Market Revenue and Forecast, by End User (2019-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.2.8.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.2.8.3. Market Revenue and Forecast, by Installation (2019-2030)
12.2.8.4. Market Revenue and Forecast, by End User (2019-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.3.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.3.3. Market Revenue and Forecast, by Installation (2019-2030)
12.3.4. Market Revenue and Forecast, by End User (2019-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.3.5.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.3.5.3. Market Revenue and Forecast, by Installation (2019-2030)
12.3.5.4. Market Revenue and Forecast, by End User (2019-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.3.6.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.3.6.3. Market Revenue and Forecast, by Installation (2019-2030)
12.3.6.4. Market Revenue and Forecast, by End User (2019-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.3.7.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.3.7.3. Market Revenue and Forecast, by Installation (2019-2030)
12.3.7.4. Market Revenue and Forecast, by End User (2019-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.3.8.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.3.8.3. Market Revenue and Forecast, by Installation (2019-2030)
12.3.8.4. Market Revenue and Forecast, by End User (2019-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.4.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.4.3. Market Revenue and Forecast, by Installation (2019-2030)
12.4.4. Market Revenue and Forecast, by End User (2019-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.4.5.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.4.5.3. Market Revenue and Forecast, by Installation (2019-2030)
12.4.5.4. Market Revenue and Forecast, by End User (2019-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.4.6.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.4.6.3. Market Revenue and Forecast, by Installation (2019-2030)
12.4.6.4. Market Revenue and Forecast, by End User (2019-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.4.7.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.4.7.3. Market Revenue and Forecast, by Installation (2019-2030)
12.4.7.4. Market Revenue and Forecast, by End User (2019-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.4.8.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.4.8.3. Market Revenue and Forecast, by Installation (2019-2030)
12.4.8.4. Market Revenue and Forecast, by End User (2019-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.5.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.5.3. Market Revenue and Forecast, by Installation (2019-2030)
12.5.4. Market Revenue and Forecast, by End User (2019-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.5.5.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.5.5.3. Market Revenue and Forecast, by Installation (2019-2030)
12.5.5.4. Market Revenue and Forecast, by End User (2019-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Voltage (2019-2030)
12.5.6.2. Market Revenue and Forecast, by Insulation (2019-2030)
12.5.6.3. Market Revenue and Forecast, by Installation (2019-2030)
12.5.6.4. Market Revenue and Forecast, by End User (2019-2030)
Chapter 13. Company Profiles
13.1. Caterpillar
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Powell Industries
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. ABB Ltd.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. WEG SA
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Eaton Corporation
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Alstom
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Toshiba Corporation
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. IEM
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Siemens AG
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. BHEL
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
13.11. TIPECO
13.11.1. Company Overview
13.11.2. Product Offerings
13.11.3. Financial Performance
13.11.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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