Global Medium and High Voltage Switchgear Market Growth 2025-2031

The global Medium and High Voltage Switchgear market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

High voltage switchgear is any switchgear used to connect or disconnect a part of a high-voltage power system. This equipment is essential for the protection and safe operation, without interruption, of a high voltage power system, and is important because it is directly linked to the quality of the electricity supply.

The term "high voltage" covers the former medium voltage (MV) and the former high voltage (HV), and therefore refers to equipment with a rated voltage of over 1,000 V in the case of alternating current, and over 1,500 V in the case of direct current. The industrial applications of high voltage circuit breakers are for the moment limited to alternating current because they are more economical, there are however high voltage disconnectors for direct current connections.

United States market for Medium and High Voltage Switchgear is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Medium and High Voltage Switchgear is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Medium and High Voltage Switchgear is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Medium and High Voltage Switchgear players cover ABB, Siemens, Eaton, Schneider Electric, GE Industrial, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Medium and High Voltage Switchgear Industry Forecast” looks at past sales and reviews total world Medium and High Voltage Switchgear sales in 2024, providing a comprehensive analysis by region and market sector of projected Medium and High Voltage Switchgear sales for 2025 through 2031. With Medium and High Voltage Switchgear sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medium and High Voltage Switchgear industry.

This Insight Report provides a comprehensive analysis of the global Medium and High Voltage Switchgear landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medium and High Voltage Switchgear portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medium and High Voltage Switchgear market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medium and High Voltage Switchgear and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medium and High Voltage Switchgear.

This report presents a comprehensive overview, market shares, and growth opportunities of Medium and High Voltage Switchgear market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Medium Voltage Switchgear
High Voltage Switchgear

Segmentation by Application:
Residential
Industrial
Commercial
Utility Installations

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
Siemens
Eaton
Schneider Electric
GE Industrial
Toshiba
Hitachi
CHINT
Mitsubishi Electric
Lucy Electric
Fuji Electric
Bharat Heavy Electricals
Crompton Greaves Ltd.
BOER
Hyundai Heavy Industries
Efacec
Nissin Electric
Dual-ADE
Powell Industries
Henan Senyuan Electric
Hyosung Power & Industrial Systems
Huatech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medium and High Voltage Switchgear market?

What factors are driving Medium and High Voltage Switchgear market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medium and High Voltage Switchgear market opportunities vary by end market size?

How does Medium and High Voltage Switchgear break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.