Global Medium Voltage Switchgear Market 2022-2028

Global Medium Voltage Switchgear Market 2022-2028

Switchgear protection is very important in any modern power system network. From power generation to distribution, switchgear helps run the electrical appliances in a streamlined manner and protects the equipment from overload short circuit damage. The global medium voltage switchgear market is anticipated to reach valuation of ~USD 33,803 million by 2028, representing a CAGR of 5.8% from 2022 to 2028 as per the latest report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global medium voltage switchgear market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the medium voltage switchgear industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the insulating medium, end user, and region. The global market for medium voltage switchgear can be segmented by insulating medium: air insulated switchgear (AIS), gas insulated switchgear (GIS). Medium voltage switchgear market is further segmented by end user: commercial, industrial, utilities. Based on region, the medium voltage switchgear market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).

By insulating medium:

• air insulated switchgear (AIS)
• gas insulated switchgear (GIS)

By end user:

• commercial
• industrial
• utilities

By region:

• North America
• Asia Pacific
• Europe
• Rest of the World (ROW)

The market research report covers the analysis of key stake holders of the global medium voltage switchgear market. Some of the leading players profiled in the report include ABB Ltd, Chint Group Co., Ltd., Crompton Greaves Limited, Eaton Corporation plc, EFACEC Power Solutions SGPS, S.A., Fortune Electric Co., Ltd., Fuji Electric Co., Ltd., Henan Senyuan Electric Co., Ltd., Hyosung Corporation, Hyundai Electric & Energy Systems Co., Ltd., LS ELECTRIC Co., Ltd., Meidensha Corporation, Mitsubishi Electric Corporation, Nissin Electric Co., Ltd., RPS Switchgear Limited, Schneider Electric SE, Siemens AG, Tamco Switchgear (Malaysia) Sdn Bhd, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global medium voltage switchgear market.
• To classify and forecast the global medium voltage switchgear market based on insulating medium, end user, region.
• To identify drivers and challenges for the global medium voltage switchgear market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global medium voltage switchgear market.
• To identify and analyze the profile of leading players operating in the global medium voltage switchgear market.

Why Choose This Report

• Gain a reliable outlook of the global medium voltage switchgear market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.