Pad-Mounted Switchgear Market by Product (Air-insulated, Gas-insulated, Solid-Dielectric), Voltage (15–25 kV, 25–38 kV, Less than 15 kV), Application - Global Forecast 2023-2030

Pad-Mounted Switchgear Market by Product (Air-insulated, Gas-insulated, Solid-Dielectric), Voltage (15–25 kV, 25–38 kV, Less than 15 kV), Application - Global Forecast 2023-2030


The Pad-Mounted Switchgear Market size was estimated at USD 5.83 billion in 2022 and expected to reach USD 6.16 billion in 2023, at a CAGR 6.11% to reach USD 9.38 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Pad-Mounted Switchgear Market.
  • Based on Product, market is studied across Air-insulated, Gas-insulated, and Solid-Dielectric. The Solid-Dielectric is projected to witness significant market share during forecast period.
  • Based on Voltage, market is studied across 15–25 kV, 25–38 kV, and Less than 15 kV. The Less than 15 kV is projected to witness significant market share during forecast period.
  • Based on Application, market is studied across Commercial, Industrial, and Residential. The Industrial is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 43.56% in 2022, followed by Americas.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Pad-Mounted Switchgear Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Pad-Mounted Switchgear Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Pad-Mounted Switchgear Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., ACTOM (Pty) Ltd., AZZ Inc., Cleaveland/Price Inc., Daelim Electric Co. Ltd., Doho Electric Co., Ltd., E-Abel, Eaton Corporation PLC, Federal Pacific by Electro-Mechanical Corporation Company, Fuji Electric Co., Ltd., G&W Electric Co., HiReli LLC, Hubbell Incorporated, Hubbell Power Systems Inc., KDM Steel, LS ELECTRIC Co., Ltd, Mitsubishi Electric Corporation, NOJA Power Switchgear Pty. Ltd., Ormazabal GmbH, Park Detroit, Powell Industries, Inc., S&C Electric Company, Scott Manufacturing Solutions, Inc., Siemens AG, Switchgear Power Systems, LLC, Telawne Power Equipments Private Limited, The International Electrical Products Co., Toshiba Infrastructure Systems & Solutions Corporation, and Trayer Engineering Corporation.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Pad-Mounted Switchgear Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Pad-Mounted Switchgear Market?
  3. What is the competitive strategic window for identifying opportunities in the Pad-Mounted Switchgear Market?
  4. What are the latest technology trends and regulatory frameworks in the Pad-Mounted Switchgear Market?
  5. What is the market share of the leading vendors in the Pad-Mounted Switchgear Market?
  6. Which modes and strategic moves are suitable for entering the Pad-Mounted Switchgear Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Pad-Mounted Switchgear Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Surge in energy demand worldwide
5.1.1.2. Industrial infrastructure and renewable energy sources expansion
5.1.1.3. Improvements in smart electricity grid infrastructure
5.1.2. Restraints
5.1.2.1. High cost of switchgear installation and maintenance
5.1.3. Opportunities
5.1.3.1. Growing investment in smart grids and adoption of high voltage direct current (HVDC)
5.1.3.2. Government focus on automating energy distribution network
5.1.4. Challenges
5.1.4.1. Environmental and safety complexities for switchgear
5.2. Market Segmentation Analysis
5.2.1. Product: Rising uses of air insulated switchgear for open-air installation in commercial sector
5.2.2. Voltage: Utilization of various volts powered switchgear to caters a power need in commercial and residential applications
5.2.3. Application: Increasing adoption of pad-mounted switchgear in industrial applications to improve operational efficiency
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Pad-Mounted Switchgear Market, by Product
6.1. Introduction
6.2. Air-insulated
6.3. Gas-insulated
6.4. Solid-Dielectric
7. Pad-Mounted Switchgear Market, by Voltage
7.1. Introduction
7.2. 15–25 kV
7.3. 25–38 kV
7.4. Less than 15 kV
8. Pad-Mounted Switchgear Market, by Application
8.1. Introduction
8.2. Commercial
8.3. Industrial
8.4. Residential
9. Americas Pad-Mounted Switchgear Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Pad-Mounted Switchgear Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Pad-Mounted Switchgear Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Investment & Funding
12.3.1.1. Eaton Invests More Than USD 500M in Manufacturing for Grid Modernization
12.3.1.2. Nuventura Secures Euro 25 million in Series A Financing
12.3.2. Award, Recognition, & Expansion
12.3.2.1. RMC Switchgear Receives Orders worth Rs 113 Crore from Maharashtra Government
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. ABB Ltd.
13.1.2. ACTOM (Pty) Ltd.
13.1.3. AZZ Inc.
13.1.4. Cleaveland/Price Inc.
13.1.5. Daelim Electric Co. Ltd.
13.1.6. Doho Electric Co., Ltd.
13.1.7. E-Abel
13.1.8. Eaton Corporation PLC
13.1.9. Federal Pacific by Electro-Mechanical Corporation Company
13.1.10. Fuji Electric Co., Ltd.
13.1.11. G&W Electric Co.
13.1.12. HiReli LLC
13.1.13. Hubbell Incorporated
13.1.14. Hubbell Power Systems Inc.
13.1.15. KDM Steel
13.1.16. LS ELECTRIC Co., Ltd
13.1.17. Mitsubishi Electric Corporation
13.1.18. NOJA Power Switchgear Pty. Ltd.
13.1.19. Ormazabal GmbH
13.1.20. Park Detroit
13.1.21. Powell Industries, Inc.
13.1.22. S&C Electric Company
13.1.23. Scott Manufacturing Solutions, Inc.
13.1.24. Siemens AG
13.1.25. Switchgear Power Systems, LLC
13.1.26. Telawne Power Equipments Private Limited
13.1.27. The International Electrical Products Co.
13.1.28. Toshiba Infrastructure Systems & Solutions Corporation
13.1.29. Trayer Engineering Corporation
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

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