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Global Switchgear Contractor and Relay Market 2018-2022

Global Switchgear Contractor and Relay Market 2018-2022

About Switchgear Contractor and Relay

Switchgear is an are important transmission and distribution (T&D) equipment used for protection of the network. It can be of different types, based on the insulation type and the operating voltage level. In the late 1990s, ABB introduced a unique technology where switchgear makes use of both air and sulfur hexafluoride (SF6) gas insulation in its operation, known as the hybrid switchgear. Its primary characteristics involved: Gas-insulation technology that aids in arc-quenching, and Air-insulation technology that is used to insulate the bus bars that are connected to the network.

Technavio’s analysts forecast the global switchgear contractor and relay market to grow at a CAGR of 6.38% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global switchgear contractor and relay market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Switchgear Contractor and Relay Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Boston Scientific
  • Medtronic
  • Sorin
  • St. Jude Medical
  • Terumo


  • Other prominent vendors
  • BHEL
  • CG
  • Eaton
  • ELEKTROBUDOWA
  • ELECTROALFA
  • HYOSUNG
  • TOSHIBA
  • C&S Electric
  • Powell Industries
  • LARSEN & TOUBRO
Market driver
  • Increasing global electricity generation
  • For a full, detailed list, view our report
Market trend
  • Mobile substations: Solution for provisional needs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Switchgear Contractor and Relay Market 2018-2022

Technavio recognizes the following companies as the key players in the global switchgear contractor and relay market: ABB, GE, Mitsubishi Electric, Schneider electric, and Siemens.

Other Prominent Vendors in the market are: BHEL, CG, Eaton, ELEKTROBUDOWA, ELECTROALFA, HYOSUNG, TOSHIBA, C&S Electric, Powell Industries, and LARSEN & TOUBRO.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is mobile substations: Solution for provisional needs. Certain emergency situations; such as natural calamities like earthquakes and cyclones; and catastrophic equipment failure demand the installation of electric substations that restore normal power supply as fast as possible. Mobile substations prove beneficial by catering to temporary and offshore needs, thus enabling utilities to efficiently restore electricity services to customers during outages. Mobile substations can be up-and-running within 24 hours of arrival. They can also be used as high-voltage bays on mobile trucks. A hybrid switchgear is a compact and flexible substation. Such attributes enable these substations to be installed inside limited space. Mobile substations are designed to accommodate the demanding design specifications, and this makes them uniquely flexible and mobile.”

According to the report, one driver in the market is increasing global electricity generation. The global energy generation: as per the US EIA, is predicted to increase to 34 trillion kWh by 2040, a rise of approximately 45% in comparison to 2015, when the figures were 23.4 trillion kWh. Electricity has been and will be the most widely and rapidly growing form of end-user energy consumption. Most of the significant developments in terms of generation of electricity are expected to stem from the developing non-OECD nations. Improved living standards in these nations have escalated the demand for the use of several home appliances and electronic devices in residential houses as well as commercial spaces such as educational institutions, offices, malls, hospitals, and airports.

Companies Mentioned

ABB, GE, Mitsubishi Electric, Schneider electric, Siemens, BHEL, CG, Eaton, ELEKTROBUDOWA, ELECTROALFA, HYOSUNG, TOSHIBA, C&S Electric, Powell Industries, and LARSEN & TOUBRO.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Types of switchgear based on insulation
      • Table Types of switchgear based on voltage level
  • Market landscape
    • Market ecosystem
      • Table Related market
      • Table Global switchgear contactor and relay market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition – Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global – Market size and forecast 2017-2022 ($ mn)
      • Table Global – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by insulation type
    • Segmentation by insulation type
      • Table Insulation types
    • Gas-insulated
      • Table Features of GIS
    • Air-insulated
    • Vacuum-insulated
    • Hybrid
      • Table Hybrid switchgear module: Components
  • Market segmentation by voltage level
    • Segmentation by voltage level
      • Table Voltage level – Market share 2017-2022 (%)
    • Comparison by voltage level
      • Table Comparison by voltage level
    • Low and medium voltage – Market size and forecast 2017-2022
      • Table Low and medium voltage – Market size and forecast 2017-2022 ($ mn)
      • Table Components of a medium voltage switchgear
      • Table Global urban population as percentage of the total population 2008-2016 (%)
      • Table Low and medium voltage – Year-over-year growth 2018-2022 (%)
    • High voltage – Market size and forecast 2017-2022
      • Table High voltage – Market size and forecast 2017-2022 ($ mn)
      • Table Components of a high voltage switchgear
      • Table Global power outlook 2000-2025 (billion kWh)
      • Table High voltage – Year-over-year growth 2018-2022 (%)
    • Market opportunity by voltage level
      • Table Market opportunity by voltage level
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 ($ mn)
      • Table Increase in manufacturing value addition in APAC 1990-2014 ($ billions)
      • Table APAC – Year-over-year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ mn)
      • Table Energy efficiency and emission targets set down by EU
      • Table EMEA – Year-over-year growth 2018-2022 (%)
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ mn)
      • Table Americas – Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global net electricity generation by source 2015-2040 (trillion kWh)
    • Market challenges
      • Table Minimum cost of construction of distribution network per mile in US 2016 ($)
      • Table Maximum cost of construction of distribution network per mile in US 2016 ($)
      • Table Price of aluminum and copper January 2014-January 2017 ($ thousand per metric ton)
  • Market trends
    • Mobile substations: Solution for provisional needs
    • Improved substation performance and space savings
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
      • Table Key vendors
      • Table Geographic presence of key vendors
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table Vendor overview
      • Table ABB – Business segments
      • Table ABB – Organizational developments
      • Table ABB – Geographic focus
      • Table ABB – Segment focus
      • Table ABB – Key offerings
    • GE
      • Table Vendor overview
      • Table GE – Business segments
      • Table GE – Organizational developments
      • Table GE – Geographic focus
      • Table GE – Segment focus
      • Table GE – Key offerings
    • Mitsubishi Electric
      • Table Vendor overview
      • Table Mitsubishi Electric– Business segments
      • Table Mitsubishi Electric – Organizational developments
      • Table Mitsubishi Electric – Geographic focus
      • Table Mitsubishi Electric – Segment focus
      • Table Mitsubishi Electric – Key offerings
    • Schneider Electric
      • Table Vendor overview
      • Table Schneider Electric – Business segments
      • Table Schneider Electric – Organizational developments
      • Table Schneider Electric – Geographic focus
      • Table Schneider Electric – Segment focus
      • Table Schneider Electric – Key offerings
    • Siemens
      • Table Vendor overview
      • Table Siemens – Business segments
      • Table Siemens – Organizational developments
      • Table Siemens – Geographic focus
      • Table Siemens – Segment focus
      • Table Siemens – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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