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Video game systems consist of two sub-categories, consoles and handheld devices. A video game console is a preconfigured, ready-to-play, interactive appliance whose primary purpose when connected to a television is video gaming. Examples include Sony’s PlayStation 4 and Microsoft’s Xbox One. A video game handheld is a self-contained unit with the s...

Automotive is the second largest industry in Poland that plays a key role in the Polish economy and provides employment to more than 187,000 residents. Because of geographical proximity and membership in the European Union, the Polish automotive industry exports 80% of its production to the EU markets. The study features detailed import and export ...

Economic recovery in Saudi Arabia will continue to be supported by pick up in oil production to compensative for output decline in Iran. While Aramco privatization is delayed, Saudi aims to generate $11 billion non-oil revenue through privatization program by 2020. The killing of journalist Khashoggi heightened capital flight in October 2018, as th...

Generation Z currently makes up 24% of the global population and are set to have significant spending power. This "digitally native" population cohort, born between 1993 and 2007, will be an important customer base in the future. This age cohort is expected to be the most ethnically diverse and tolerant generation yet. It is also a socially and env...

The growth outlook for the economies in the Eastern Europe and The Commonwealth of Independent States (CIS) remains moderate. While the economic growth in the Eastern European countries such as The Czech Republic, Hungary, and Poland is gaining momentum, Turkey is expected to plunge into a near-zero growth situation by the end of Q4 2018. Czech eco...

The infrastructure deficit in India is continuing regardless of the relative catch-up in recent years. The Asian Development Bank, in its report titled “Meeting Asia’s Infrastructure Needs", has estimated that $4.40 trillion is needed to fix India’s infrastructure deficit by 2030. That entails more than $250–$300 billion of spending every year for ...

Global LD Trucks and Pick Up Sales to hit 6.7 million and 5.6 million respectively in 2019. North America, India, Latin America, China, Japan and Korea will lead the growth of the global LCV market, while the US leads the pick up sales, China is the clear leader in the LD Trucks segment. The demand for electric light duty trucks will surge globally...

In FY2018, the overall Indian appliance and consumer electronics (ACE) market was estimated at INR 210,000 Cr and is set to grow at a compound annual growth rate (CAGR) of 9%. The cooking appliances market accounted for 7.2% of the ACE market value in FY2018. Increase in consumer appliances market in the country has boded well for the kitchen appli...

26 Mar 2019  |  Asia Pacific  |  Market Research

Asia-Pacific Switchgear Market, Forecast to 2025

Southeast Asia is Likely to Contribute to 50% of the Total Switchgear Sales by 2030 in APAC

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Key Issues Addressed

The APAC switchgear market will continue to grow at a steady CAGR of 2.9% from 2018 to 2025. The growth is attributed to the increasing power demand and grid connectivity across APAC. Moreover, the market will also be driven by retrofit of ageing equipment, especially for MV and HV switchgears. Nonetheless, the growth opportunities vary across re...