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Global Switchgear and Switchboard Apparatus Market 2024-2028

Publisher TechNavio
Published Jan 18, 2024
Length 181 Pages
SKU # INF18475430

Description

Switchgear And Switchboard Apparatus Market 2024-2028


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.

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.

Technavio's 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
This study identifies the increasing launches of switchgear by vendors as one of the prime reasons driving the switchgear and switchboard apparatus market growth during the next few years. Also, increasing demand for smart switchgear and switchboard apparatus and increasing application of AIS will lead to sizable demand in the market.

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 robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading switchgear and switchboard apparatus market vendors that include 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. Also, the switchgear and switchboard apparatus market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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

181 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global switchgear and switchboard apparatus market 2018 – 2022
    • Power Rating Segment Analysis 2018 - 2022
    • Type Segment Analysis 2018 - 2022
    • Geography Segment Analysis 2018 - 2022
    • Country Segment Analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Power Rating
    • Medium voltage (2-36 kV) - Market size and forecast 2023-2028
    • High voltage (above 36 kV) - Market size and forecast 2023-2028
    • Low voltage (up to 1 kV) - Market size and forecast 2023-2028
    • Market opportunity by Power Rating
    • Market segments
    • Comparison by Type
    • GIS (gas insulated switchgear) - Market size and forecast 2023-2028
    • AIS (air insulated switchgear) - Market size and forecast 2023-2028
    • Others - Market size and forecast 2023-2028
    • Market opportunity by Type
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2023-2028
    • Europe - Market size and forecast 2023-2028
    • North America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • US - Market size and forecast 2023-2028
    • Germany - Market size and forecast 2023-2028
    • India - Market size and forecast 2023-2028
    • France - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • 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
    • Mitsubishi Electric Corp.
    • Powell Industries Inc.
    • Schneider Electric SE
    • Siemens AG
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations
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