The global medium voltage switchgear market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for energy-efficient and reliable medium voltage switchgear systems in residential, industrial, commercial and utility installations across the globe.
The global medium voltage switchgear market has been segmented on the basis of type (air insulated switchgears (AIS), gas insulated switchgears (GIS)), application (residential, industrial, commercial and utility installations) and region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa). North America accounted for a major share in the global market owing to its high adoption rate of energy-efficient equipment in residential applications. The European region is expected to witness significant growth due to its stringent regulations on power quality standards that are driving investments in new technologies such as Medium Voltage Switchgear Systems with High Voltage Insulation Systems (HVIS).
- Increasing demand for electricity in developing countries.
- Increasing demand for power transmission and distribution networks.
- Growing need to reduce carbon emissions.
- Rising investments in renewable energy sources.
- Technological advancements.
Industry Growth Insights published a new data on “Medium Voltage Switchgear Market”. The research report is titled “Medium Voltage Switchgear Market research by Types (Air Insulated Switchgears (AIS), Gas Insulated Switchgears (GIS), Others), By Applications (Residential, Industrial, Commercial, Utility Installations), By Players/Companies 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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medium Voltage Switchgear Market Research Report
By Type
Air Insulated Switchgears (AIS), Gas Insulated Switchgears (GIS), Others
By Application
Residential, Industrial, Commercial, Utility Installations
By Companies
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
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Medium Voltage Switchgear Market Report Segments:
The global Medium Voltage Switchgear market is segmented on the basis of:
Types
Air Insulated Switchgears (AIS), Gas Insulated Switchgears (GIS), Others
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, Industrial, Commercial, Utility Installations
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
- 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
Highlights of The Medium Voltage Switchgear 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:
- Air Insulated Switchgears (AIS)
- Gas Insulated Switchgears (GIS)
- Others
- By Application:
- Residential
- Industrial
- Commercial
- Utility Installations
- 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 Medium Voltage 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.
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- 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?
Medium voltage switchgear is a type of electrical equipment used to transfer power between different voltages. It can be found in places like power plants, substations, and transmission lines.
Some of the major companies in the medium voltage switchgear market are 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.
The medium voltage switchgear market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medium Voltage 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. Medium Voltage Switchgear Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medium Voltage Switchgear Market - Supply Chain
4.5. Global Medium Voltage Switchgear Market Forecast
4.5.1. Medium Voltage Switchgear Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medium Voltage Switchgear Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medium Voltage Switchgear Market Absolute $ Opportunity
5. Global Medium Voltage 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. Medium Voltage Switchgear Market Size and Volume Forecast by Type
5.3.1. Air Insulated Switchgears (AIS)
5.3.2. Gas Insulated Switchgears (GIS)
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medium Voltage 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. Medium Voltage Switchgear Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Industrial
6.3.3. Commercial
6.3.4. Utility Installations
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medium Voltage 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. Medium Voltage 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 Medium Voltage 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. Medium Voltage 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 Medium Voltage Switchgear Demand Share Forecast, 2019-2026
9. North America Medium Voltage 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 Medium Voltage 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 Medium Voltage Switchgear Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Industrial
9.4.3. Commercial
9.4.4. Utility Installations
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medium Voltage Switchgear Market Size and Volume Forecast by Type
9.7.1. Air Insulated Switchgears (AIS)
9.7.2. Gas Insulated Switchgears (GIS)
9.7.3. Others
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 Medium Voltage Switchgear Demand Share Forecast, 2019-2026
10. Latin America Medium Voltage 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 Medium Voltage 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 Medium Voltage Switchgear Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Industrial
10.4.3. Commercial
10.4.4. Utility Installations
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medium Voltage Switchgear Market Size and Volume Forecast by Type
10.7.1. Air Insulated Switchgears (AIS)
10.7.2. Gas Insulated Switchgears (GIS)
10.7.3. Others
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 Medium Voltage Switchgear Demand Share Forecast, 2019-2026
11. Europe Medium Voltage 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 Medium Voltage 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 Medium Voltage Switchgear Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Industrial
11.4.3. Commercial
11.4.4. Utility Installations
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medium Voltage Switchgear Market Size and Volume Forecast by Type
11.7.1. Air Insulated Switchgears (AIS)
11.7.2. Gas Insulated Switchgears (GIS)
11.7.3. thers
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 Medium Voltage Switchgear Demand Share, 2019-2026
12. Asia Pacific Medium Voltage 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 Medium Voltage 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 Medium Voltage Switchgear Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Industrial
12.4.3. Commercial
12.4.4. Utility Installations
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medium Voltage Switchgear Market Size and Volume Forecast by Type
12.7.1. Air Insulated Switchgears (AIS)
12.7.2. Gas Insulated Switchgears (GIS)
12.7.3. Others
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 Medium Voltage Switchgear Demand Share, 2019-2026
13. Middle East & Africa Medium Voltage 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 Medium Voltage 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 Medium Voltage Switchgear Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Industrial
13.4.3. Commercial
13.4.4. Utility Installations
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medium Voltage Switchgear Market Size and Volume Forecast by Type
13.7.1. Air Insulated Switchgears (AIS)
13.7.2. Gas Insulated Switchgears (GIS)
13.7.3. Others
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 Medium Voltage Switchgear Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medium Voltage Switchgear Market: Market Share Analysis
14.2. Medium Voltage Switchgear Distributors and Customers
14.3. Medium Voltage Switchgear Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eaton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider 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. GE Industrial
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Toshiba
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hitachi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CHINT
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mitsubishi Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lucy Electric
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fuji Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bharat Heavy Electricals
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Crompton Greaves Ltd.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BOER
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hyundai Heavy Industries
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Efacec
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Nissin Electric
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Dual-ADE
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Powell Industries
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Henan Senyuan Electric
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
