Market Overview:
The global switchgears for secondary distribution market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electricity and rising investments in electrical infrastructure across the globe. In terms of type, the 0-500 kVA segment is expected to account for a major share of the global market during the forecast period, followed by 500-1000 kVA and 1000-1500 kVA segments. The residential building application segment is expected to account for a major share of the global market during the forecast period, followed by commercial building and industrial building applications segments.
Product Definition:
A switchgear is a device that allows the operator to manually or automatically connect and disconnect electrical loads from the power source. Switchgears are used extensively in electrical distribution systems, industrial plants, and commercial buildings to provide a degree of safety for both people and equipment.
0-500 kVA:
0-500 kVA is a range of switchgear designed for secondary distribution. It has the ability to handle large currents and voltage fluctuations with ease. These products are mainly used in power systems that have a high probability of experiencing outages or short circuits due to weather conditions, equipment failure, etc.
The increasing demand for reliable power supply in industries and commercial complexes is expected to drive the market over the forecast period.
500-1000 kVA:
500-1000 kVA is the size of power system which consists of two to eight diesel generators, depending on the application. It is used in switchgears for secondary distribution as it provides a reliable source of power supply when other sources are unavailable. 500-1000 kVA systems are majorly used in oil & gas, mining and chemical industries where continuous power supply through primary grid is not possible due to remote locations or unavailability of natural resources like water and wind.
Application Insights:
Commercial building application segment led the market and accounted for more than 40% of the global share in 2017. The growing commercial sector, particularly in emerging economies such as China, India and Brazil is expected to have a positive impact on the industry growth over the forecast period.
The residential building application segment is expected to witness significant growth over the forecast period owing to increasing demand for high-quality power supply from residential buildings across various regions including North America, Europe and Asia Pacific. In addition, rising consumer disposable income levels coupled with improved economic conditions in most countries of Latin America are likely to propel demand for switchgears within residential buildings during next eight years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing demand for electricity in countries, such as China and India. In 2016, Asia Pacific accounted for 24% of global power generation and is projected to grow at a CAGR of XX% from 2017 to 2021. Moreover, rising number of construction activities in developing economies including China and India are anticipated to boost the demand for switchgears secondary distribution over the forecast period.
Europe was estimated as one of the largest markets with a revenue share of 23.4% in 2016 owing to high penetration rate along with growing requirement from end-use industries across several countries including Germany, U K.
Growth Factors:
- Switchgear for Secondary Distribution market is growing due to the increasing demand from end-users for reliable and safe power distribution systems.
- The market is growing due to the increasing investments in electrical infrastructure across the globe.
- Switchgear for Secondary Distribution market is growing due to the rising awareness about safety and reliability among end-users.
- The market is witnessing rapid technological advancements, which is leading to the development of new and innovative products that are compliant with latest safety standards. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Switchgears for Secondary Distribution Market Research Report
By Type
0-500 kVA, 500-1000 kVA, 1000-1500 kVA, Above 1500 kVA
By Application
Residential Building, Commercial Building, Industrial Building, Other
By Companies
ABB, SKEMA SpA, Schneider, Siemens, GE Grid Solutions, Ormazabal, Mitsubishi Electric, Eaton, CG Power, Chint Group, Toshiba, Hyundai Heay Industries, Hyosung, VEO Group, Fuji 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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Switchgears for Secondary Distribution Market Report Segments:
The global Switchgears for Secondary Distribution market is segmented on the basis of:
Types
0-500 kVA, 500-1000 kVA, 1000-1500 kVA, Above 1500 kVA
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
Residential Building, Commercial Building, Industrial Building, Other
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:
- ABB
- SKEMA SpA
- Schneider
- Siemens
- GE Grid Solutions
- Ormazabal
- Mitsubishi Electric
- Eaton
- CG Power
- Chint Group
- Toshiba
- Hyundai Heay Industries
- Hyosung
- VEO Group
- Fuji Electric
Highlights of The Switchgears for Secondary Distribution Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0-500 kVA
- 500-1000 kVA
- 1000-1500 kVA
- Above 1500 kVA
- By Application:
- Residential Building
- Commercial Building
- Industrial Building
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Switchgears for Secondary Distribution 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
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Switchgears for Secondary Distribution is a software that helps administrators to manage their switches and routers. It provides an easy way to monitor and manage the devices, as well as keep track of the network traffic.
Some of the major players in the switchgears for secondary distribution market are ABB, SKEMA SpA, Schneider, Siemens, GE Grid Solutions, Ormazabal, Mitsubishi Electric, Eaton, CG Power, Chint Group, Toshiba, Hyundai Heay Industries, Hyosung, VEO Group, Fuji Electric.
The switchgears for secondary distribution market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Switchgears for Secondary Distribution Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Switchgears for Secondary Distribution Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Switchgears for Secondary Distribution Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Switchgears for Secondary Distribution Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Switchgears for Secondary Distribution Market Size & Forecast, 2020-2028
4.5.1 Switchgears for Secondary Distribution Market Size and Y-o-Y Growth
4.5.2 Switchgears for Secondary Distribution Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 0-500 kVA
5.2.2 500-1000 kVA
5.2.3 1000-1500 kVA
5.2.4 Above 1500 kVA
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential Building
6.2.2 Commercial Building
6.2.3 Industrial Building
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Switchgears for Secondary Distribution Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Switchgears for Secondary Distribution Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 0-500 kVA
9.6.2 500-1000 kVA
9.6.3 1000-1500 kVA
9.6.4 Above 1500 kVA
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential Building
9.10.2 Commercial Building
9.10.3 Industrial Building
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 0-500 kVA
10.6.2 500-1000 kVA
10.6.3 1000-1500 kVA
10.6.4 Above 1500 kVA
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential Building
10.10.2 Commercial Building
10.10.3 Industrial Building
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 0-500 kVA
11.6.2 500-1000 kVA
11.6.3 1000-1500 kVA
11.6.4 Above 1500 kVA
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential Building
11.10.2 Commercial Building
11.10.3 Industrial Building
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 0-500 kVA
12.6.2 500-1000 kVA
12.6.3 1000-1500 kVA
12.6.4 Above 1500 kVA
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential Building
12.10.2 Commercial Building
12.10.3 Industrial Building
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 0-500 kVA
13.6.2 500-1000 kVA
13.6.3 1000-1500 kVA
13.6.4 Above 1500 kVA
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential Building
13.10.2 Commercial Building
13.10.3 Industrial Building
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Switchgears for Secondary Distribution Market: Competitive Dashboard
14.2 Global Switchgears for Secondary Distribution Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 SKEMA SpA
14.3.3 Schneider
14.3.4 Siemens
14.3.5 GE Grid Solutions
14.3.6 Ormazabal
14.3.7 Mitsubishi Electric
14.3.8 Eaton
14.3.9 CG Power
14.3.10 Chint Group
14.3.11 Toshiba
14.3.12 Hyundai Heay Industries
14.3.13 Hyosung
14.3.14 VEO Group
14.3.15 Fuji Electric
