Generator Paralleling Switchgear Market Size, Share & Trends Analysis Report By Type (Open Transition System, Closed Transition System), By Application (Prime Power, Standby Power, Peak Shaving), By End-use, By Region, And Segment Forecasts, 2024 - 2030
Market Size & Trends
The global generator paralleling switchgear market size was estimated at USD 1.71 billion in 2023 and expected to grow at a CAGR of 8.7% from 2024 to 2030. The rising emphasis on energy efficiency and sustainability by various countries including the U.S., the UK, Germany, India, and China is fueling the market growth.
A growing trend in the generator paralleling switchgear market is the shift towards modular and scalable solutions. Businesses and infrastructure projects increasingly seek switchgear systems that can be easily expanded or reconfigured as their power needs change. Modular switchgear allows for incremental upgrades and adjustments without overhauling the entire system, which offers greater flexibility and cost-efficiency. This trend reflects the need for adaptable power solutions in dynamic environments, where future growth and changes in energy demands are anticipated.
Global Generator Paralleling Switchgear Market Report Segmentation
This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented global generator paralleling switchgear market report based on type, application, end-use, and region:
- Type Outlook (Volume, KV; Revenue, USD Million, 2018 - 2030)
- Open Transition System
- Closed Transition System
- Application Outlook (Volume, KV; Revenue, USD Million, 2018 - 2030)
- Prime Power
- Standby Power
- Peak Shaving
- End Use Outlook (Volume, KV; Revenue, USD Million, 2018 - 2030)
- Commercial & Industrial
- Power & Utilities
- Others
- Regional Outlook (Volume, KV; Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- The Netherlands
- Denmark
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Thailand
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
- Chapter 3. Generator Paralleling Switchgear Market Variables, Trends & Scope
- 3.1. Global Generator Paralleling Switchgear Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Profit Margin Analysis of Key value chain participants
- 3.2.2. Raw Voltage Trends
- 3.2.3. Raw Voltage Price Analysis
- 3.3. Technology Overview
- 3.4. Analysis of Potential Sustainable Substitute Type
- 3.5. Impact of Circular Economy
- 3.6. Average Price Trend Analysis, 2018 to 2030 (USD/kg)
- 3.6.1. Key Factors Influencing Pricing
- 3.7. Supply-Demand GAP Analysis, 2023
- 3.8. Regulatory Framework
- 3.8.1. Policies and Incentive Plans
- 3.8.2. Standards and Compliances
- 3.8.3. Regulatory Impact Analysis
- 3.9. Market Dynamics
- 3.9.1. Market Driver Analysis
- 3.9.2. Market Restraint Analysis
- 3.9.3. Industry Challenges
- 3.10. Porter’s Five Forces Analysis
- 3.10.1. Supplier Power
- 3.10.2. Buyer Power
- 3.10.3. Substitution Threat
- 3.10.4. Threat from New Entrant
- 3.10.5. Competitive Rivalry
- 3.11. PESTEL Analysis
- 3.11.1. Political Landscape
- 3.11.2. Economic Landscape
- 3.11.3. Social Landscape
- 3.11.4. Technological Landscape
- 3.11.5. Environmental Landscape
- 3.11.6. Legal Landscape
- Chapter 4. Generator Paralleling Switchgear Market: Type Outlook Estimates & Forecasts
- 4.1. Generator Paralleling Switchgear Market: Type Movement Analysis, 2023 & 2030
- 4.1.1. Open Transition System
- 4.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 4.1.2. Closed Transition System
- 4.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- Chapter 5. Generator Paralleling Switchgear Market: Application Outlook Estimates & Forecasts
- 5.1. Generator Paralleling Switchgear Market: Application Movement Analysis, 2023 & 2030
- 5.1.1. Prime Power
- 5.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 5.1.2. Standby Power
- 5.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 5.1.3. Peak Shaving
- 5.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- Chapter 6. Generator Paralleling Switchgear Market: Application Outlook Estimates & Forecasts
- 6.1. Generator Paralleling Switchgear Market: Application Movement Analysis, 2023 & 2030
- 6.1.1. Commercial & Industrial
- 6.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 6.1.2. Power & Utilities
- 6.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 6.1.3. Others
- 6.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- Chapter 7. Generator Paralleling Switchgear Market Regional Outlook Estimates & Forecasts
- 7.1. Regional Snapshot
- 7.2. Generator Paralleling Switchgear Market: Regional Movement Analysis, 2023 & 2030
- 7.3. North America
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.3.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.3.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.3.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.3.5. U.S.
- 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.3.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.3.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.3.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.3.6. Canada
- 7.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.3.6.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.3.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.3.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.3.7. Mexico
- 7.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.3.7.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.3.7.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.4. Europe
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.4.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.4.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.4.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.4.5. UK
- 7.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.4.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.4.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.4.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.4.6. Germany
- 7.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.4.6.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.4.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.4.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.4.7. France
- 7.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.4.7.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.4.7.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.4.7.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.4.8. Italy
- 7.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.4.8.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.4.8.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.4.8.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.4.9. Spain
- 7.4.9.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.4.9.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.4.9.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.4.9.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.4.10. The Netherlands
- 7.4.10.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.4.10.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.4.10.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.4.10.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.4.11. Denmark
- 7.4.11.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.4.11.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.4.11.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.4.11.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.5. Asia Pacific
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.5.5. China
- 7.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.5.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.5.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.5.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.5.6. India
- 7.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.5.6.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.5.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.5.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.5.7. Japan
- 7.5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.5.7.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.5.7.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.5.7.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.5.8. South Korea
- 7.5.8.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.5.8.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.5.8.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.5.8.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.5.9. Indonesia
- 7.5.9.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.5.9.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.5.9.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.5.9.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.5.10. Thailand
- 7.5.10.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.5.10.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.5.10.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.5.10.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.6. Central & South America
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.6.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.6.5. Brazil
- 7.6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.6.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.6.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.6.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.6.6. Argentina
- 7.6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.6.6.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.6.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.6.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.7. Middle East & Africa
- 7.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.7.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.7.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.7.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.7.5. UAE
- 7.7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.7.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.7.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.7.5.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.7.6. Saudi Arabia
- 7.7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.7.6.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.7.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.7.6.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- 7.7.7. South Africa
- 7.7.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (KV)
- 7.7.7.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (KV)
- 7.7.7.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (KV)
- 7.7.7.4. Market estimates and forecast, by end use, 2018 - 2030 (USD Million) (KV)
- Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Vendor Landscape
- 8.2.1. Company categorization
- 8.2.2. List of Key Distributors and channel Partners
- 8.2.3. List of Potential Customers/End-users
- 8.3. Competitive Dynamics
- 8.3.1. Company Market Share Analysis & Market Positioning
- 8.3.2. Competitive Benchmarking
- 8.3.3. Strategy Mapping
- 8.3.4. Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Participant’s overview
- 8.4.2. Financial performance
- 8.4.3. Product benchmarking
- 8.4.3.1. General Electric
- 8.4.3.2. Caterpillar
- 8.4.3.3. Cummins Inc.
- 8.4.3.4. Regal Rexnord Corporation
- 8.4.3.5. Kohler Co.
- 8.4.3.6. Schneider Electric SE
- 8.4.3.7. ABB
- 8.4.3.8. KDM Steel
- 8.4.3.9. Hertzman (Hangzhou) Power Technology Co.,Ltd.
- 8.4.3.10. INDUSTRIAL ELECTRIC MFG
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