Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Electrical Switchgear Market by Type (High Voltage Switchgear, Medium Voltage Switchgear, Low Voltage Switchgear), By Application (Oil and Gas, Chemical Industry, Electricity, Metallurgy, Mechanical, Food, Pharmaceutical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Electrical Switchgear Market by Type (High Voltage Switchgear, Medium Voltage Switchgear, Low Voltage Switchgear), By Application (Oil and Gas, Chemical Industry, Electricity, Metallurgy, Mechanical, Food, Pharmaceutical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 189052 3300 Electronics & Semiconductor 377 242 Pages 4.6 (41)
                                          

The global electrical switchgear market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for electrical switchgear in various industries such as oil and gas, chemical industry, electricity, metallurgy, mechanical and food & pharmaceuticals. The high voltage switchgear segment is expected to dominate the global electrical switchgear market during the forecast period due to its wide application in various industries such as oil and gas, chemical industry and electricity.

Some Of The Growth Factors Of This Market:

  1. The increasing demand for electrical switchgear in the global market is a major growth factor for the industry.
  2. The increasing need to replace old equipment with new equipment is also a major growth factor for the industry.
  3. The growing need to reduce energy consumption and increase efficiency in electrical switchgear is also a major growth factor for the industry.
  4. Increasing investments by governments and private companies in research and development of new technologies are also a major growth factor for the industry as it helps improve efficiency, reduce costs, and increase safety of electrical switchgear products over time.
  5. Increasing demand from emerging economies such as China, India, Brazil, Russia, South Africa (BRICS) countries are also a major growth factor for the industry as they have been experiencing rapid economic development which has led to increased demand from these countries.

Industry Growth Insights published a new data on “Electrical Switchgear Market”. The research report is titled “Electrical Switchgear Market research by Types (High Voltage Switchgear, Medium Voltage Switchgear, Low Voltage Switchgear), By Applications (Oil and Gas, Chemical Industry, Electricity, Metallurgy, Mechanical, Food, Pharmaceutical), By Players/Companies Ingeteam, Lucy Electric, GE Industrial, C&S Electric, Schneider Electric, Eaton, Hyundai Ideal Electric, Pacific Controls, Safety Electrical Group, Brayan Group, NCE Switchgear, Voyten Electric”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Electrical Switchgear Market Research Report

By Type

High Voltage Switchgear, Medium Voltage Switchgear, Low Voltage Switchgear

By Application

Oil and Gas, Chemical Industry, Electricity, Metallurgy, Mechanical, Food, Pharmaceutical

By Companies

Ingeteam, Lucy Electric, GE Industrial, C&S Electric, Schneider Electric, Eaton, Hyundai Ideal Electric, Pacific Controls, Safety Electrical Group, Brayan Group, NCE Switchgear, Voyten Electric

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

242

Number of Tables & Figures

170

Customization Available

Yes, the report can be customized as per your need.


Global Electrical Switchgear Industry Outlook


Global Electrical Switchgear Market Report Segments:

The global Electrical Switchgear market is segmented on the basis of:

Types

High Voltage Switchgear, Medium Voltage Switchgear, Low Voltage Switchgear

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Oil and Gas, Chemical Industry, Electricity, Metallurgy, Mechanical, Food, Pharmaceutical

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Ingeteam
  2. Lucy Electric
  3. GE Industrial
  4. C&S Electric
  5. Schneider Electric
  6. Eaton
  7. Hyundai Ideal Electric
  8. Pacific Controls
  9. Safety Electrical Group
  10. Brayan Group
  11. NCE Switchgear
  12. Voyten Electric

Global Electrical Switchgear Market Overview


Highlights of The Electrical Switchgear Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. High Voltage Switchgear
    2. Medium Voltage Switchgear
    3. Low Voltage Switchgear
  1. By Application:

    1. Oil and Gas
    2. Chemical Industry
    3. Electricity
    4. Metallurgy
    5. Mechanical
    6. Food
    7. Pharmaceutical
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Electrical Switchgear Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Electrical Switchgear Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Electrical switchgear is a type of electrical equipment used to route and distribute electricity. It includes switches, transformers, and other components that allow electric power to be moved from one location to another.

Some of the major companies in the electrical switchgear market are Ingeteam, Lucy Electric, GE Industrial, C&S Electric, Schneider Electric, Eaton, Hyundai Ideal Electric, Pacific Controls, Safety Electrical Group, Brayan Group, NCE Switchgear, Voyten Electric.

The electrical switchgear market is expected to register a CAGR of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Electrical Switchgear Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Electrical Switchgear Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Electrical Switchgear Market - Supply Chain
   4.5. Global Electrical Switchgear Market Forecast
      4.5.1. Electrical Switchgear Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Electrical Switchgear Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Electrical Switchgear Market Absolute $ Opportunity

5. Global Electrical Switchgear Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Electrical Switchgear Market Size and Volume Forecast by Type
      5.3.1. High Voltage Switchgear
      5.3.2. Medium Voltage Switchgear
      5.3.3. Low Voltage Switchgear
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Electrical Switchgear Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Electrical Switchgear Market Size and Volume Forecast by Application
      6.3.1. Oil and Gas
      6.3.2. Chemical Industry
      6.3.3. Electricity
      6.3.4. Metallurgy
      6.3.5. Mechanical
      6.3.6. Food
      6.3.7. Pharmaceutical
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Electrical Switchgear Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Electrical Switchgear Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Electrical Switchgear Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Electrical Switchgear Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Electrical Switchgear Demand Share Forecast, 2019-2026

9. North America Electrical Switchgear Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Electrical Switchgear Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Electrical Switchgear Market Size and Volume Forecast by Application
      9.4.1. Oil and Gas
      9.4.2. Chemical Industry
      9.4.3. Electricity
      9.4.4. Metallurgy
      9.4.5. Mechanical
      9.4.6. Food
      9.4.7. Pharmaceutical
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Electrical Switchgear Market Size and Volume Forecast by Type
      9.7.1. High Voltage Switchgear
      9.7.2. Medium Voltage Switchgear
      9.7.3. Low Voltage Switchgear
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Electrical Switchgear Demand Share Forecast, 2019-2026

10. Latin America Electrical Switchgear Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Electrical Switchgear Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Electrical Switchgear Market Size and Volume Forecast by Application
      10.4.1. Oil and Gas
      10.4.2. Chemical Industry
      10.4.3. Electricity
      10.4.4. Metallurgy
      10.4.5. Mechanical
      10.4.6. Food
      10.4.7. Pharmaceutical
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Electrical Switchgear Market Size and Volume Forecast by Type
      10.7.1. High Voltage Switchgear
      10.7.2. Medium Voltage Switchgear
      10.7.3. Low Voltage Switchgear
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Electrical Switchgear Demand Share Forecast, 2019-2026

11. Europe Electrical Switchgear Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Electrical Switchgear Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Electrical Switchgear Market Size and Volume Forecast by Application
      11.4.1. Oil and Gas
      11.4.2. Chemical Industry
      11.4.3. Electricity
      11.4.4. Metallurgy
      11.4.5. Mechanical
      11.4.6. Food
      11.4.7. Pharmaceutical
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Electrical Switchgear Market Size and Volume Forecast by Type
      11.7.1. High Voltage Switchgear
      11.7.2. Medium Voltage Swithgear
      11.7.3. Low Voltage Switchgear
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Electrical Switchgear Demand Share, 2019-2026

12. Asia Pacific Electrical Switchgear Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Electrical Switchgear Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Electrical Switchgear Market Size and Volume Forecast by Application
      12.4.1. Oil and Gas
      12.4.2. Chemical Industry
      12.4.3. Electricity
      12.4.4. Metallurgy
      12.4.5. Mechanical
      12.4.6. Food
      12.4.7. Pharmaceutical
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Electrical Switchgear Market Size and Volume Forecast by Type
      12.7.1. High Voltage Switchgear
      12.7.2. Medium Voltage Switchgear
      12.7.3. Low Voltage Switchgear
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Electrical Switchgear Demand Share, 2019-2026

13. Middle East & Africa Electrical Switchgear Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Electrical Switchgear Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Electrical Switchgear Market Size and Volume Forecast by Application
      13.4.1. Oil and Gas
      13.4.2. Chemical Industry
      13.4.3. Electricity
      13.4.4. Metallurgy
      13.4.5. Mechanical
      13.4.6. Food
      13.4.7. Pharmaceutical
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Electrical Switchgear Market Size and Volume Forecast by Type
      13.7.1. High Voltage Switchgear
      13.7.2. Medium Voltage Switchgear
      13.7.3. Low Voltage Switchgear
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Electrical Switchgear Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Electrical Switchgear Market: Market Share Analysis
   14.2. Electrical Switchgear Distributors and Customers
   14.3. Electrical Switchgear Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Ingeteam
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Lucy Electric
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. GE Industrial
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. C&S Electric
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Schneider Electric
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Eaton
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Hyundai Ideal Electric
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Pacific Controls
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Safety Electrical Group
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Brayan Group
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. NCE Switchgear
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Voyten Electric
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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