Air Insulated Switchgear Market Size, Share & Trend Analysis Report, By Installation (Outdoor), By Application (Commercial, Industrial), By Voltage (Low, High), By Region, And Segment Forecasts, 2024 - 2030
Air Insulated Switchgear Market Trends
“2030 air insulated switchgear market value to reach USD 89.24 billion.”
The global air insulated switchgear market size was estimated at USD 65.45 billion in 2023 and is estimated to grow at a CAGR of 4.6% from 2024 to 2030. The air insulated switchgear (AIS) market's growth is primarily driven by increasing investments in power infrastructure, particularly in emerging economies where electrification and urbanization are accelerating.
As governments and utilities worldwide aim to modernize and expand their electricity networks, the demand for reliable, cost-effective switchgear solutions like AIS is on the rise. The growing focus on renewable energy integration and grid modernization further bolsters the demand for AIS, especially in regions undergoing significant infrastructure upgrades.
AIS is favored for its affordability, ease of installation, and reliability in diverse environmental conditions, making it an essential component in both urban and rural electrification projects. Unlike gas-insulated switchgear (GIS), AIS offers the advantage of lower initial capital costs, which is particularly appealing in budget-sensitive projects and developing markets. However, AIS's larger footprint and exposure to environmental conditions such as pollution and moisture necessitate innovations to enhance its performance and longevity in challenging environments.
Global Air Insulated Switchgear Market Report Segmentation
This report forecasts revenue growth at global, country, and regional levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global air insulated switchgear market report based on installation, voltage, application, and region:
- Installation Outlook (Revenue, USD Billion; 2018 - 2030)
- Indoor
- Outdoor
- Voltage Outlook (Revenue, USD Billion; 2018 - 2030)
- Low
- Medium
- High
- Application Outlook (Revenue, USD Billion; 2018 - 2030)
- Commercial
- Transmission & Utilities
- Industrial
- Residential
- Regional Outlook (Revenue, USD Billion; 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Spain
- France
- Italy
- Asia Pacific
- China
- India
- Japan
- South Korea
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
- Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
- Chapter 3. Market Variables, Trends, and Scope
- 3.1. Global Air Insulated Switchgear Market Outlook
- 3.2. Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunities
- 3.6. Porter’s Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
- Chapter 4. Air Insulated Switchgear Market: Installation Estimates & Trend Analysis
- 4.1. Air Insulated Switchgear Market: Installation Movement Analysis, 2023 & 2030
- 4.2. Indoor
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.3. Outdoor
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- Chapter 5. Air Insulated Switchgear Market: Voltage Estimates & Trend Analysis
- 5.1. Air Insulated Switchgear Market: Voltage Movement Analysis, 2023 & 2030
- 5.2. Low
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.3. Medium
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.4. High
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- Chapter 6. Air Insulated Switchgear Market: Application Estimates & Trend Analysis
- 6.1. Air Insulated Switchgear Market: Application Movement Analysis, 2023 & 2030
- 6.2. Commercial
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.3. Transmission & Utilities
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4. Industrial
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.5. Residential
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- Chapter 7. Air Insulated Switchgear Market: Regional Estimates & Trend Analysis
- 7.1. Regional Analysis, 2023 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.2.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.2.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.2.5. U.S.
- 7.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.2.5.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.2.5.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.2.5.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.2.6. Canada
- 7.2.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.2.6.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.2.6.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.2.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.2.7. Mexico
- 7.2.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.2.7.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.2.7.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.2.7.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.3. Europe
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.3.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.3.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.3.5. Germany
- 7.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3.5.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.3.5.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.3.5.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.3.6. UK
- 7.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3.6.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.3.6.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.3.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.3.7. Spain
- 7.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3.7.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.3.7.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.3.7.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.3.8. France
- 7.3.8.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3.8.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.3.8.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.3.8.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.3.9. Italy
- 7.3.9.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3.9.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.3.9.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.3.9.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.4.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.4.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.4.5. China
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4.5.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.4.5.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.4.5.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.4.6. India
- 7.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4.6.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.4.6.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.4.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.4.7. Japan
- 7.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4.7.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.4.7.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.4.7.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.4.8. South Korea
- 7.4.8.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4.8.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.4.8.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.4.8.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.5. Central & South America
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.5.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.5.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.5.5. Brazil
- 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.5.5.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.5.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.5.6. Argentina
- 7.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.5.6.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.5.6.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.5.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.6.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.6.5. Saudi Arabia
- 7.6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.6.5.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.6.5.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.6.5.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.6.6. UAE
- 7.6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.6.6.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.6.6.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.6.6.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- 7.6.7. South Africa
- 7.6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.6.7.2. Market estimates and forecasts, by installation, 2018 - 2030 (USD Billion)
- 7.6.7.3. Market estimates and forecasts, by voltage, 2018 - 2030 (USD Billion)
- 7.6.7.4. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
- Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Heat Map Analysis
- 8.4. Vendor Landscape
- 8.4.1. List of Raw Material Suppliers
- 8.4.2. List of Distributors
- 8.4.3. List of Other Prominent Manufacturers
- 8.5. List of Prospective End-Users
- 8.6. Strategy Mapping
- 8.7. Company Profiles/Listing
- 8.7.1. ABB
- 8.7.1.1. Company Overview
- 8.7.1.2. Financial Performance
- 8.7.1.3. Product Benchmarking
- 8.7.2. Eaton Corporation
- 8.7.2.1. Company Overview
- 8.7.2.2. Financial Performance
- 8.7.2.3. Product Benchmarking
- 8.7.3. Siemens
- 8.7.3.1. Company Overview
- 8.7.3.2. Financial Performance
- 8.7.3.3. Product Benchmarking
- 8.7.4. Toshiba
- 8.7.4.1. Company Overview
- 8.7.4.2. Financial Performance
- 8.7.4.3. Product Benchmarking
- 8.7.5. Alfanar Group
- 8.7.5.1. Company Overview
- 8.7.5.2. Financial Performance
- 8.7.5.3. Product Benchmarking
- 8.7.6. Schneider Electric
- 8.7.6.1. Company Overview
- 8.7.6.2. Financial Performance
- 8.7.6.3. Product Benchmarking
- 8.7.7. Hitachi Energy
- 8.7.7.1. Company Overview
- 8.7.7.2. Financial Performance
- 8.7.7.3. Product Benchmarking
- 8.7.8. Hubbell
- 8.7.8.1. Company Overview
- 8.7.8.2. Financial Performance
- 8.7.8.3. Product Benchmarking
- 8.7.9. Mitsubishi Electric Corporation
- 8.7.9.1. Company Overview
- 8.7.9.2. Financial Performance
- 8.7.9.3. Product Benchmarking
- 8.7.10. General Electric
- 8.7.10.1. Company Overview
- 8.7.10.2. Financial Performance
- 8.7.10.3. Product Benchmarking
- 8.7.11. Larsen & Toubro Limited
- 8.7.11.1. Company Overview
- 8.7.11.2. Financial Performance
- 8.7.11.3. Product Benchmarking
- 8.7.12. ELATEC POWER DISTRIBUTION GmbH
- 8.7.12.1. Company Overview
- 8.7.12.2. Financial Performance
- 8.7.12.3. Product Benchmarking
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