Search results for: 'Switchgear Market'

Switchgear is an integral part of the electrical power value chain. Increase in power demand and replacement of aged equipment in the T&D grid infrastructure is driving the demand for switchgears globally. Need for continuous, uninterrupted power supply and to protect the electrical equipment from fault currents, switchgears are employed. Further t...

Increasing industrial and commercial activity in Europe is the main driver of low voltage switchgear component sales. Additionally, smart meter implementation influenced by the European Commission (EC) target for 2020 is expected to increase the implementation of smart equipment, which eventually increases the low-voltage switchgear components reve...

Switchgear in North America is a mature, competitive market. This report analyzes the industry's progress and growth potential for low, medium, and high voltage switchgear products.

Rapid urbanization is increasing demand for low voltage switchgear (LVSG) solutions, especially in high-growth markets such as the Asia-Pacific and the Middle East and Africa. The growth of cities and the rise in investment in smart grids and electrification are contributing to the demand for advanced LVSG solutions that are energy efficient, modul...

10 Apr 2018  |  Global  |  Market Research

Global Low-voltage Switchgear Market, Forecast to 2022

Growing Distributed Energy Resources, Rapid Urbanisation and Commercial Expansion will Drive the Demand

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Switchgear is an integral part of the electrical power value chain. Increase in power demand and replacement of aged equipment in the Transmission and Distribution (T&D) grid infrastructure is driving the demand for switchgears globally. Need for continuous, uninterrupted power supply and to protect the electrical equipment from fault currents, swi...

The global medium voltage (1-38kV) and high voltage (greater than 38kV) switchgear market is a mature one with steady growth across the globe driven by factors such as replacement of aged infrastructure, rising power demand, and growing renewable and industrial establishments. The study aims to analyze and forecast the global switchgear market. Res...

14 Aug 2015  |  Global  |  Market Research

Global Low-voltage Switchgear Market

The Modernisation of Public Infrastructure and the Adoption of Renewable Energy Systems Will Revitalize Market Growth

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The low-voltage (LV) switchgear market has been sluggish in recent years but is poised to record accelerated growth over the next few years. LV components, such as miniature circuit breakers (MCBs) and residual current circuit breakers (RCCBs), contributed most of the market share in 2014, which was primarily due to the demand from the residential ...

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...

The Indian medium voltage (MV) switchgear market is well established with considerable demand from power generation companies, transmission and distribution (T&D) utilities, and industrial end-user segments. The products covered in the research service include indoor switchgear, outdoor switchgear, ring main units and compact substations. Initiativ...