Market Research Report

Global Switchgear Market Report By Insulation (Gas-insulated Switchgears, Air-insulated Switchgears, Others), By Installation (Indoor, Outdoor), By Voltage (Low (Up To 1 KV), Medium (2–36 KV), High (Above 36 KV)), By Current (AC, DC), By End User (Transmission & Distribution Utilities, Industries, Commercial & Residential, Other End Users) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

ID:VMR11218645
July 2022
Report Formats: Electronic (PDF), MS EXCEL
The global demand for Switchgear Market is presumed to reach the market size of nearly USD 257.07 MN by 2028 from USD 150 MN in 2021 with a CAGR of 8% under the study period 2022 - 2028.

Switchgear refers to the collection of switching devices such as electrical disconnect switches, fuses, and circuit breakers used to control, protect, and switch electrical circuits and equipment. Switchgear is used across various commercial, industrial and residential applications. There are different types of switchgear, including low voltage switchgear (LV switchgear), medium voltage switchgear (MV switchgear), and high voltage switchgear (HV switchgear). Switchgear under faulty conditions detects the fault and interrupts the flow of electricity to the affected section, isolating it from the healthy circuit. 

Market Dynamics 

The switchgear market is expected to witness a high surge in demand owing to increased investments in developing new power infrastructure. Besides that, the increased focus on cleaner energy sources to curb carbon emissions has led to a surge in switchgear demand. Moreover, the growing need for an efficient and uninterrupted power supply is boosting the demand for switchgear. The switchgear protects electric equipment from sudden spikes and drops in power supply at a low cost, which is a major factor fueling the global switchgear market's growth. Furthermore, the presence of numerous manufacturers and their innovative product launches significantly drive the market. However, fluctuation in key raw material prices such as copper and aluminium may hamper the market growth. 

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of switchgear. The growth and trends of switchgear industry provide a holistic approach to this study. 

Market Segmentation

This section of the switchgear market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Insulation
  • Gas-Insulated Switchgears
  • Air-Insulated Switchgears
  • Others

By Installation
  • Indoor
  • Outdoor

By Voltage
  • Low (Up To 1 Kv)
  • Medium (2–36 Kv)
  • High (Above 36 Kv)

By Current
  • AC
  • DC

By End User
  • Transmission & Distribution Utilities
  • Industries
  • Commercial & Residential
  • Other End Users

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Switchgear market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Switchgear Market Share by Region (Representative Graph)

Global Switchgear Market Share
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the switchgear market include ABB (Switzerland), Schneider Electric (France), Hyundai Electric (South Korea), Siemens (Germany), General Electric (US), Mitsubishi Electric (Japan), Eaton (Ireland), Legrand (France), Fuji Electric (Japan), Hitachi (Japan), Toshiba (Japan), Lucy Electric (UK), Hubbell (US), BHEL (India), Powell (US), Havells (India), Pluton Rail Pty Ltd. (Australia), Sécheron (Switzerland), Hyosung (South Korea), ELEKTROBUDOWA (Poland), LS Electric Co., Ltd. (South Korea), Myers Power Products, Inc. (US), Yueqing Liyond Electric Co. Ltd. (China), CG Power and Industrial Solutions (India), and ENTEC Electric & Electronic (South Korea) . This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Frequently Asked Questions (FAQs) about this Report

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . SWITCHGEAR – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 Market Attractiveness Analysis By Insulation
           3.7.2 Market Attractiveness Analysis By Installation
           3.7.3 Market Attractiveness Analysis By Voltage
           3.7.4 Market Attractiveness Analysis By Current
           3.7.5 Market Attractiveness Analysis By End User
           3.7.6 Market Attractiveness Analysis By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic 
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL SWITCHGEAR MARKET ANALYSIS BY INSULATION
       6.1 Overview by Insulation
       6.2 Historical and Forecast Data
       6.3 Analysis by Insulation
       6.4 Gas-insulated Switchgears Historic and Forecast Sales by Regions
       6.5 Air-insulated Switchgears Historic and Forecast Sales by Regions
       6.6 Others Historic and Forecast Sales by Regions
 
7 . GLOBAL SWITCHGEAR MARKET ANALYSIS BY INSTALLATION
       7.1 Overview by Installation
       7.2 Historical and Forecast Data
       7.3 Analysis by Installation
       7.4 Indoor Historic and Forecast Sales by Regions
       7.5 Outdoor Historic and Forecast Sales by Regions
 
8 . GLOBAL SWITCHGEAR MARKET ANALYSIS BY VOLTAGE
       8.1 Overview by Voltage
       8.2 Historical and Forecast Data
       8.3 Analysis by Voltage
       8.4 Low (Up To 1 KV) Historic and Forecast Sales by Regions
       8.5 Medium (2–36 KV) Historic and Forecast Sales by Regions
       8.6 High (Above 36 KV) Historic and Forecast Sales by Regions
 
9 . GLOBAL SWITCHGEAR MARKET ANALYSIS BY CURRENT
       9.1 Overview by Current
       9.2 Historical and Forecast Data
       9.3 Analysis by Current
       9.4 AC Historic and Forecast Sales by Regions
       9.5 DC Historic and Forecast Sales by Regions
 
10 . GLOBAL SWITCHGEAR MARKET ANALYSIS BY END USER
       10.1 Overview by End User
       10.2 Historical and Forecast Data
       10.3 Analysis by End User
       10.4 Transmission & Distribution Utilities Historic and Forecast Sales by Regions
       10.5 Industries Historic and Forecast Sales by Regions
       10.6 Commercial & Residential Historic and Forecast Sales by Regions
       10.7 Other End Users Historic and Forecast Sales by Regions
 
11 . GLOBAL SWITCHGEAR MARKET ANALYSIS BY GEOGRAPHY
       11.1. Top  Company Share Analysis
       11.2. Introduction
       11.3. North America Sales Analysis
           11.3.1. Overview, Historic and Forecast Sales Analysis
           11.3.2. North America By Segment Sales Analysis
           11.3.3. North America By Country Sales Analysis
           11.3.4. United State Sales Analysis
           11.3.5. Canada Sales Analysis
           11.3.6. Mexico Sales Analysis
       11.4. Europe Sales Analysis
           11.4.1. Overview, Historic and Forecast Sales Analysis
           11.4.2. Europe by Segment Sales Analysis
           11.4.3. Europe by Country Sales Analysis
           11.4.4. United Kingdom Sales Analysis
           11.4.5. France Sales Analysis
           11.4.6. Germany Sales Analysis
           11.4.7. Italy Sales Analysis
           11.4.8. Russia Sales Analysis
           11.4.9. Rest Of Europe Sales Analysis
       11.5. Asia Pacific Sales Analysis
           11.5.1. Overview, Historic and Forecast Sales Analysis
           11.5.2. Asia Pacific by Segment Sales Analysis
           11.5.3. Asia Pacific by Country Sales Analysis
           11.5.4. China Sales Analysis
           11.5.5. India Sales Analysis
           11.5.6. Japan Sales Analysis
           11.5.7. South Korea Sales Analysis
           11.5.8. Australia Sales Analysis
           11.5.9. Rest Of Asia Pacific Sales Analysis
       11.6. Latin America Sales Analysis
           11.6.1. Overview, Historic and Forecast Sales Analysis
           11.6.2. Latin America by Segment Sales Analysis
           11.6.3. Latin America by Country Sales Analysis
           11.6.4. Brazil Sales Analysis
           11.6.5. Argentina Sales Analysis
           11.6.6. Peru Sales Analysis
           11.6.7. Chile Sales Analysis
           11.6.8. Rest of Latin America Sales Analysis
       11.7. Middle East & Africa Sales Analysis
           11.7.1. Overview, Historic and Forecast Sales Analysis
           11.7.2. Middle East & Africa by Segment Sales Analysis
           11.7.3. Middle East & Africa by Country Sales Analysis
           11.7.4. Saudi Arabia Sales Analysis
           11.7.5. UAE Sales Analysis
           11.7.6. Israel Sales Analysis
           11.7.7. South Africa Sales Analysis
           11.7.8. Rest Of Middle East And Africa Sales Analysis
 
12 . COMPETITIVE LANDSCAPE OF THE SWITCHGEAR COMPANIES
       12.1. Switchgear Market Competition
       12.2. Partnership/Collaboration/Agreement
       12.3. Merger And Acquisitions
       12.4. New Product Launch
       12.5. Other Developments
 
13 . COMPANY PROFILES OF SWITCHGEAR INDUSTRY
       13.1. Company Share Analysis
       13.2. Market Concentration Rate
       13.3. ABB (Switzerland)
           13.3.1. Company Overview
           13.3.2. Company Revenue
           13.3.3. Products
           13.3.4. Recent Developments
       13.4. Schneider Electric (France)
           13.4.1. Company Overview
           13.4.2. Company Revenue
           13.4.3. Products
           13.4.4. Recent Developments
       13.5. Hyundai Electric (South Korea)
           13.5.1. Company Overview
           13.5.2. Company Revenue
           13.5.3. Products
           13.5.4. Recent Developments
       13.6. Siemens (Germany)
           13.6.1. Company Overview
           13.6.2. Company Revenue
           13.6.3. Products
           13.6.4. Recent Developments
       13.7. General Electric (US)
           13.7.1. Company Overview
           13.7.2. Company Revenue
           13.7.3. Products
           13.7.4. Recent Developments
       13.8. Mitsubishi Electric (Japan)
           13.8.1. Company Overview
           13.8.2. Company Revenue
           13.8.3. Products
           13.8.4. Recent Developments
       13.9. Eaton (Ireland)
           13.9.1. Company Overview
           13.9.2. Company Revenue
           13.9.3. Products
           13.9.4. Recent Developments
       13.10. Legrand (France)
           13.10.1. Company Overview
           13.10.2. Company Revenue
           13.10.3. Products
           13.10.4. Recent Developments
       13.11. Fuji Electric (Japan)
           13.11.1. Company Overview
           13.11.2. Company Revenue
           13.11.3. Products
           13.11.4. Recent Developments
       13.12. Hitachi (Japan)
           13.12.1. Company Overview
           13.12.2. Company Revenue
           13.12.3. Products
           13.12.4. Recent Developments
       13.13. Toshiba (Japan)
           13.13.1. Company Overview
           13.13.2. Company Revenue
           13.13.3. Products
           13.13.4. Recent Developments
       13.14. Lucy Electric (UK)
           13.14.1. Company Overview
           13.14.2. Company Revenue
           13.14.3. Products
           13.14.4. Recent Developments
       13.15. Hubbell (US)
           13.15.1. Company Overview
           13.15.2. Company Revenue
           13.15.3. Products
           13.15.4. Recent Developments
       13.16. BHEL (India)
           13.16.1. Company Overview
           13.16.2. Company Revenue
           13.16.3. Products
           13.16.4. Recent Developments
       13.17. Powell (US)
           13.17.1. Company Overview
           13.17.2. Company Revenue
           13.17.3. Products
           13.17.4. Recent Developments
       13.18. Havells (India)
           13.18.1. Company Overview
           13.18.2. Company Revenue
           13.18.3. Products
           13.18.4. Recent Developments
       13.19. Pluton Rail Pty Ltd. (Australia)
           13.19.1. Company Overview
           13.19.2. Company Revenue
           13.19.3. Products
           13.19.4. Recent Developments
       13.20. Sécheron (Switzerland)
           13.20.1. Company Overview
           13.20.2. Company Revenue
           13.20.3. Products
           13.20.4. Recent Developments
       13.21. Hyosung (South Korea)
           13.21.1. Company Overview
           13.21.2. Company Revenue
           13.21.3. Products
           13.21.4. Recent Developments
       13.22. ELEKTROBUDOWA (Poland)
           13.22.1. Company Overview
           13.22.2. Company Revenue
           13.22.3. Products
           13.22.4. Recent Developments
       13.23. LS Electric Co. Ltd. (South Korea)
           13.23.1. Company Overview
           13.23.2. Company Revenue
           13.23.3. Products
           13.23.4. Recent Developments
       13.24. Myers Power Products Inc. (US)
           13.24.1. Company Overview
           13.24.2. Company Revenue
           13.24.3. Products
           13.24.4. Recent Developments
       13.25. Yueqing Liyond Electric Co. Ltd. (China)
           13.25.1. Company Overview
           13.25.2. Company Revenue
           13.25.3. Products
           13.25.4. Recent Developments
       13.26. CG Power and Industrial Solutions (India)
           13.26.1. Company Overview
           13.26.2. Company Revenue
           13.26.3. Products
           13.26.4. Recent Developments
       13.27. ENTEC Electric & Electronic (South Korea)
           13.27.1. Company Overview
           13.27.2. Company Revenue
           13.27.3. Products
           13.27.4. Recent Developments    
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Insulation (USD MN)
  •  Gas-insulated Switchgears Market Sales by Geography (USD MN)
  •  Air-insulated Switchgears Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Analysis Market by Installation (USD MN)
  •  Indoor Market Sales by Geography (USD MN)
  •  Outdoor Market Sales by Geography (USD MN)
  •  Analysis by Voltage (USD MN)
  •  Low (Up To 1 KV) Market Sales by Geography (USD MN)
  •  Medium (2–36 KV) Market Sales by Geography (USD MN)
  •  High (Above 36 KV) Market Sales by Geography (USD MN)
  •  Analysis by Current (USD MN)
  •  AC Market Sales by Geography (USD MN)
  •  DC Market Sales by Geography (USD MN)
  •  Analysis by End User (USD MN)
  •  Transmission & Distribution Utilities Market Sales by Geography (USD MN)
  •  Industries Market Sales by Geography (USD MN)
  •  Commercial & Residential Market Sales by Geography (USD MN)
  •  Other End Users Market Sales by Geography (USD MN)
  •  Global Switchgear Market Sales by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisition
 
 LIST OF FIGURES
 
  •  Research Scope of Switchgear Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Switchgear Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Insulation
  •  Market Attractiveness Analysis by Installation
  •  Market Attractiveness Analysis by Voltage
  •  Market Attractiveness Analysis by Current
  •  Market Attractiveness Analysis by End User
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Insulation (USD MN)
  •  Gas-insulated Switchgears Market Sales by Geography (USD MN)
  •  Air-insulated Switchgears Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Global Market Analysis by Installation (USD MN)
  •  Indoor Market Sales by Geography (USD MN)
  •  Outdoor Market Sales by Geography (USD MN)
  •  Global Market Analysis by Voltage (USD MN)
  •  Low (Up To 1 KV) Market Sales by Geography (USD MN)
  •  Medium (2–36 KV) Market Sales by Geography (USD MN)
  •  High (Above 36 KV) Market Sales by Geography (USD MN)
  •  Global Market Analysis by Current (USD MN)
  •  AC Market Sales by Geography (USD MN)
  •  DC Market Sales by Geography (USD MN)
  •  Global Market Analysis by End User (USD MN)
  •  Transmission & Distribution Utilities Market Sales by Geography (USD MN)
  •  Industries Market Sales by Geography (USD MN)
  •  Commercial & Residential Market Sales by Geography (USD MN)
  •  Other End Users Market Sales by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Top  Company Share Analysis
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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