Market Research Logo

Switchgear Market by Voltage (<1 kV, 1 to 52 kV, and >52 kV), by End-user (Transmission & Distribution Utilities, Manufacturing & Process Industries, and Commercial & Residential Infrastructure), and by Region - Global Trends & Forecast to 2021

Switchgear Market by Voltage (<1 kV, 1 to 52 kV, and >52 kV), by End-user (Transmission & Distribution Utilities, Manufacturing & Process Industries, and Commercial & Residential Infrastructure), and by Region - Global Trends & Forecast to 2021

Switchgear market is expected to reach USD 144.41 billion by 2021, at a CAGR of 10.07% during the forecast period. Switchgear is an integral part of the electric power system. The power sector offers a promising future, with growing demand for electricity following increasing urbanization in the developing nations. Switchgear forms a crucial part in the sector across various segments including power generation, transmission & distribution, and equipment protection.

Transmission & Distribution Utilities: The fastest growing end-user segment in the global switchgear market
The market is projected to be promising for utilities owing to upgrades in transmission & distribution infrastructure in developed regions. Manufacturing & process industries segment is the second most growing application for switchgears. Meanwhile, commercial & residential infrastructure and other applications, which include transportation and power generation, have a considerable combined share in the market.

Developed regions such as North America and Europe are currently focusing on smart grid technology and upgrade of their current power infrastructure for better, reliable, and efficient networks. Smart technology will integrate modern communication technologies and renewable energy sources (wind, solar, others) into future power grids to supply more efficient, reliable, and safe power. This makes transmission & distribution utilities the fastest growing end-user segment in the global switchgear market.

Asia-Pacific: The fastest growing region in the global switchgear market
Developing economies of Asia-Pacific is estimated to grow at the highest rate, due to a large number of transmission & distribution line upgrades and developments in China, India, and the ASEAN countries. The Asia-Pacific region would continue to dominate the market during the forecast period, due to strong smart grid initiatives, high investments in transmission & distribution infrastructure development, energy efficiency measures, and renewable projects. Governments of countries in the region have taken various steps for renewable energy programs, driving the demand for switchgears.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, corporate-level executives of key market players, and industry consultants among other experts to obtain & verify critical qualitative and quantitative information as well as assess future market prospects. Distribution of primary interviews is as follows
By Company Type: Tier 1- 20%, Tier2-45%, and Tier 3-35%
By Designation: Corporate-Level-25%, Director Level-35%, and Others*-40%
By Region: Americas-45%, Europe, Middle East & Africa-30%, Asia-Pacific-25%
Note: *Others include sales managers, marketing managers, and product managers
The tier of the companies has been defined on the basis of their total revenue, as of 2015: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion, and Tier 3 = <USD 1 billion
Leading players of this industry have been profiled with their recent developments and other strategic activities. These include ABB Limited (Switzerland), Siemens AG (Germany), Alstom (France), TE Connectivity (Switzerland), Mitsubishi Electric Corporation (Japan), General Electric Company (U.S.), Crompton Greaves Ltd. (India), and Eaton Corporation (Ireland).

Why buy this report?
1. The report identifies and addresses key markets for switchgears, useful for suppliers and OEMs to review production and distribution plans
2. The report includes analysis for key countries by voltage rating of switchgears (<1 kV, 1 kV-52 kV, and >52 kV). It analyses historical trends and also forecast for 2021, assisting in strategic decision making
3. It presents competitive landscape of the switchgear market by analyzing recent market developments such as contracts & agreements, expansions, mergers & acquisitions, and new product launches from the key global market players. It helps to understand the competition strategies and plan respective initiatives


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
    • INTRODUCTION
    • HISTORICAL BACKDROP
    • CURRENT SCENARIO
    • FUTURE OUTLOOK
    • CONCLUSION
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE GLOBAL SWITCHGEAR MARKET
    • SWITCHGEAR MARKET, BY VOLTAGE
    • ASIA-PACIFIC SWITCHGEAR MARKET SIZE, BY APPLICATION
    • SWITCHGEAR MARKET, BY REGION
    • SWITCHGEAR MARKET, BY COUNTRY
    • LIFE CYCLE ANALYSIS
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY VOLTAGE
      • BY END-USER
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
        • Table ACCESS TO ELECTRICITY IN 2013
      • RESTRAINTS
      • OPPORTUNITY
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • SWITCHGEAR MARKET, BY END-USER
    • INTRODUCTION
      • Table SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
    • TRANSMISSION & DISTRIBUTION UTILITIES
      • Table TRANSMISSION & DISTRIBUTION UTILITIES: SWITCHGEAR MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • MANUFACTURING & PROCESS INDUSTRIES
      • Table MANUFACTURING & PROCESS INDUSTRIES: SWITCHGEAR MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • COMMERCIAL & RESIDENTIAL INFRASTRUCTURE
      • Table COMMERCIAL & RESIDENTIAL INFRASTRUCTURE: SWITCHGEAR MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • OTHERS
      • Table OTHERS: SWITCHGEAR MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
  • SWITCHGEAR MARKET, BY VOLTAGE
    • INTRODUCTION
      • Table SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
    • <1 KV
      • Table <1KV: SWITCHGEAR MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • 1 KV-52 KV
      • Table 1 KV-52 KV: SWITCHGEAR MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • >52 KV
      • Table >52 KV: SWITCHGEAR MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
  • SWITCHGEAR MARKET, BY REGION
    • INTRODUCTION
      • Table SWITCHGEAR MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: SWITCHGEAR MARKET SIZE, BY COUNTRY, 2014-2021 (USD BILLION)
      • Table NORTH AMERICA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
      • Table NORTH AMERICA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • U.S.
        • Table U.S.: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table U.S.: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • CANADA
        • Table CANADA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table CANADA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • MEXICO
        • Table MEXICO: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table MEXICO: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
    • EUROPE
      • Table EUROPE: SWITCHGEAR MARKET SIZE, BY COUNTRY, 2014-2021 (USD BILLION)
      • Table EUROPE: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
      • Table EUROPE: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • RUSSIA
        • Table RUSSIA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table RUSSIA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • U.K.
        • Table U.K.: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table U.K.: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • GERMANY
        • Table GERMANY: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table GERMANY: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • FRANCE
        • Table FRANCE: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table FRANCE: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table REST OF EUROPE: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: SWITCHGEAR MARKET SIZE, BY COUNTRY, 2014-2021 (USD BILLION)
      • Table ASIA-PACIFIC: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
      • Table ASIA-PACIFIC: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • CHINA
        • Table CHINA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table CHINA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • INDIA
        • Table INDIA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table INDIA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • AUSTRALIA
        • Table AUSTRALIA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table AUSTRALIA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • JAPAN
        • Table JAPAN: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table JAPAN: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • REST OF ASIA-PACIFIC
        • Table REST OF ASIA-PACIFIC: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table REST OF ASIA-PACIFIC: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: SWITCHGEAR MARKET SIZE, BY COUNTRY, 2014-2021 (USD BILLION)
      • Table SOUTH AMERICA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
      • Table SOUTH AMERICA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • BRAZIL
        • Table BRAZIL: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table BRAZIL: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • ARGENTINA
        • Table ARGENTINA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table ARGENTINA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table REST OF SOUTH AMERICA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: SWITCHGEAR MARKET SIZE, BY COUNTRY, 2014-2021 (USD BILLION)
      • Table MIDDLE EAST & AFRICA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
      • Table MIDDLE EAST & AFRICA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table SAUDI ARABIA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • UAE
        • Table UAE: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table UAE: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • KUWAIT
        • Table KUWAIT: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table KUWAIT: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table SOUTH AFRICA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
      • REST OF MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST & AFRICA: SWITCHGEAR MARKET SIZE, BY VOLTAGE, 2014-2021 (USD BILLION)
        • Table REST OF MIDDLE EAST & AFRICA: SWITCHGEAR MARKET SIZE, BY END-USER, 2014-2021 (USD BILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION & TRENDS
    • CONTRACTS & AGREEMENTS
      • Table CONTRACTS & AGREEMENTS, 2016
    • NEW PRODUCT DEVELOPMENTS
      • Table NEW PRODUCT LAUNCHES, 2015-2016
    • EXPANSIONS
      • Table EXPANSIONS, 2014-2015
    • MERGERS & ACQUISITIONS
      • Table MERGERS & ACQUISITIONS, 2014-2016
    • JOINT VENTURES
      • Table JOINT VENTURES, 2014-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • ABB LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • ALSTOM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
    • EATON CORPORATION PLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014
      • SWOT ANALYSIS
      • MNM VIEW
    • GENERAL ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • MITSUBISHI ELECTRIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • NR ELECTRIC CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2015
    • POWELL INDUSTRIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014
    • TE CONNECTIVITY LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
    • TOSHIBA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
    • SCHNEIDER ELECTRIC SA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • BHARAT HEAVY ELECTRICALS LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2015
    • HITACHI LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014
    • CROMPTON GREAVES LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • HYOSUNG CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
    • HYUNDAI HEAVY INDUSTRIES CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report