Switchgear And Switchboard Apparatus Market 2024-2028
The switchgear and switchboard apparatus market is forecasted to grow by USD 36.93 bn during 2023-2028, accelerating at a CAGR of 6.88% during the forecast period. The report on the switchgear and switchboard apparatus market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing global demand for power, capacity expansion for renewable power generation, and a rise in several residential and commercial building projects.
Technavio's switchgear and switchboard apparatus market is segmented as below:
- By Power Rating
- Medium voltage (2-36 kV)
- High voltage (above 36 kV)
- Low voltage (up to 1 kV)
- By Type
- GIS (gas insulated switchgear)
- AIS (air insulated switchgear)
- Others
- By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the switchgear and switchboard apparatus market covers the following areas:
- Switchgear and switchboard apparatus market sizing
- Switchgear and switchboard apparatus market forecast
- Switchgear and switchboard apparatus market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
- Executive Summary
- Market overview
- Table Executive Summary - Chart on Market Overview
- Table Executive Summary - Data Table on Market Overview
- Table Executive Summary - Chart on Global Market Characteristics
- Table Executive Summary - Chart on Market by Geography
- Table Executive Summary - Chart on Market Segmentation by Power Rating
- Table Executive Summary - Chart on Market Segmentation by Type
- Table Executive Summary - Chart on Incremental Growth
- Table Executive Summary - Data Table on Incremental Growth
- Table Executive Summary - Chart on Vendor Market Positioning
- Market overview
- Market Landscape
- Market ecosystem
- Table Parent market
- Table Market Characteristics
- Market ecosystem
- Market Sizing
- Market definition
- Table Offerings of vendors included in the market definition
- Market segment analysis
- Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
- Table Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
- Market definition
- Historic Market Size
- Global switchgear and switchboard apparatus market 2018 – 2022
- Table Historic Market Size - Data Table on global switchgear and switchboard apparatus market 2018 - 2022 ($ billion)
- Power Rating Segment Analysis 2018 - 2022
- Table Historic Market Size - Power Rating Segment 2018 - 2022 ($ billion)
- Type Segment Analysis 2018 - 2022
- Table Historic Market Size - Type Segment 2018 - 2022 ($ billion)
- Geography Segment Analysis 2018 - 2022
- Table Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- Country Segment Analysis 2018 - 2022
- Table Historic Market Size - Country Segment 2018 - 2022 ($ billion)
- Global switchgear and switchboard apparatus market 2018 – 2022
- Five Forces Analysis
- Five forces summary
- Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
- Table Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- Bargaining power of suppliers
- Table Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Threat of new entrants
- Table Threat of new entrants - Impact of key factors in 2023 and 2028
- Threat of substitutes
- Table Threat of substitutes - Impact of key factors in 2023 and 2028
- Threat of rivalry
- Table Threat of rivalry - Impact of key factors in 2023 and 2028
- Market condition
- Table Chart on Market condition - Five forces 2023 and 2028
- Five forces summary
- Market Segmentation by Power Rating
- Market segments
- Table Chart on Power Rating - Market share 2023-2028 (%)
- Table Data Table on Power Rating - Market share 2023-2028 (%)
- Comparison by Power Rating
- Table Chart on Comparison by Power Rating
- Table Data Table on Comparison by Power Rating
- Medium voltage (2-36 kV) - Market size and forecast 2023-2028
- Table Chart on Medium voltage (2-36 kV) - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Medium voltage (2-36 kV) - Market size and forecast 2023-2028 ($ billion)
- Table Chart on Medium voltage (2-36 kV) - Year-over-year growth 2023-2028 (%)
- Table Data Table on Medium voltage (2-36 kV) - Year-over-year growth 2023-2028 (%)
- High voltage (above 36 kV) - Market size and forecast 2023-2028
- Table Chart on High voltage (above 36 kV) - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on High voltage (above 36 kV) - Market size and forecast 2023-2028 ($ billion)
- Table Chart on High voltage (above 36 kV) - Year-over-year growth 2023-2028 (%)
- Table Data Table on High voltage (above 36 kV) - Year-over-year growth 2023-2028 (%)
- Low voltage (up to 1 kV) - Market size and forecast 2023-2028
- Table Chart on Low voltage (up to 1 kV) - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Low voltage (up to 1 kV) - Market size and forecast 2023-2028 ($ billion)
- Table Chart on Low voltage (up to 1 kV) - Year-over-year growth 2023-2028 (%)
- Table Data Table on Low voltage (up to 1 kV) - Year-over-year growth 2023-2028 (%)
- Market opportunity by Power Rating
- Table Market opportunity by Power Rating ($ billion)
- Table Data Table on Market opportunity by Power Rating ($ billion)
- Market segments
- Market Segmentation by Type
- Market segments
- Table Chart on Type - Market share 2023-2028 (%)
- Table Data Table on Type - Market share 2023-2028 (%)
- Comparison by Type
- Table Chart on Comparison by Type
- Table Data Table on Comparison by Type
- GIS (gas insulated switchgear) - Market size and forecast 2023-2028
- Table Chart on GIS (gas insulated switchgear) - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on GIS (gas insulated switchgear) - Market size and forecast 2023-2028 ($ billion)
- Table Chart on GIS (gas insulated switchgear) - Year-over-year growth 2023-2028 (%)
- Table Data Table on GIS (gas insulated switchgear) - Year-over-year growth 2023-2028 (%)
- AIS (air insulated switchgear) - Market size and forecast 2023-2028
- Table Chart on AIS (air insulated switchgear) - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on AIS (air insulated switchgear) - Market size and forecast 2023-2028 ($ billion)
- Table Chart on AIS (air insulated switchgear) - Year-over-year growth 2023-2028 (%)
- Table Data Table on AIS (air insulated switchgear) - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
- Table Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Table Chart on Others - Year-over-year growth 2023-2028 (%)
- Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by Type
- Table Market opportunity by Type ($ billion)
- Table Data Table on Market opportunity by Type ($ billion)
- Market segments
- Customer Landscape
- Customer landscape overview
- Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Customer landscape overview
- Geographic Landscape
- Geographic segmentation
- Table Chart on Market share by geography 2023-2028 (%)
- Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
- Table Chart on Geographic comparison
- Table Data Table on Geographic comparison
- APAC - Market size and forecast 2023-2028
- Table Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Table Chart on APAC - Year-over-year growth 2023-2028 (%)
- Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
- Table Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Table Chart on Europe - Year-over-year growth 2023-2028 (%)
- Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- North America - Market size and forecast 2023-2028
- Table Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Table Chart on North America - Year-over-year growth 2023-2028 (%)
- Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023-2028
- Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
- Table Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Table Chart on South America - Year-over-year growth 2023-2028 (%)
- Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
- Table Chart on China - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Table Chart on China - Year-over-year growth 2023-2028 (%)
- Table Data Table on China - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
- Table Chart on US - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Table Chart on US - Year-over-year growth 2023-2028 (%)
- Table Data Table on US - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
- Table Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Table Chart on Germany - Year-over-year growth 2023-2028 (%)
- Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- India - Market size and forecast 2023-2028
- Table Chart on India - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Table Chart on India - Year-over-year growth 2023-2028 (%)
- Table Data Table on India - Year-over-year growth 2023-2028 (%)
- France - Market size and forecast 2023-2028
- Table Chart on France - Market size and forecast 2023-2028 ($ billion)
- Table Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Table Chart on France - Year-over-year growth 2023-2028 (%)
- Table Data Table on France - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
- Table Market opportunity by geography ($ billion)
- Table Data Tables on Market opportunity by geography ($ billion)
- Geographic segmentation
- Drivers, Challenges, and Trends
- Market drivers
- Increasing global demand for power
- Capacity expansion for renewable power generation
- Rise in number of residential and commercial building projects
- Market challenges
- Volatile prices of raw materials used for switchgear and switchboard apparatus
- Availability of refurbished and counterfeit products
- Impact of regulatory standards on switchgear and switchboard apparatus design
- Impact of drivers and challenges
- Table Impact of drivers and challenges in 2023 and 2028
- Market trends
- Increasing launches of switchgear by vendors
- Increasing demand for smart switchgear and switchboard apparatus
- Increasing application of AIS
- Market drivers
- Vendor Landscape
- Overview
- Vendor landscape
- Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
- Table Overview on factors of disruption
- Industry risks
- Table Impact of key risks on business
- Vendor Analysis
- Vendors covered
- Table Vendors covered
- Market positioning of vendors
- Table Matrix on vendor position and classification
- ABB Ltd.
- Table ABB Ltd. - Overview
- Table ABB Ltd. - Business segments
- Table ABB Ltd. - Key offerings
- Table ABB Ltd. - Segment focus
- Bharat Heavy Electricals Ltd.
- Table Bharat Heavy Electricals Ltd. - Overview
- Table Bharat Heavy Electricals Ltd. - Business segments
- Table Bharat Heavy Electricals Ltd. - Key news
- Table Bharat Heavy Electricals Ltd. - Key offerings
- Table Bharat Heavy Electricals Ltd. - Segment focus
- CG Power and Industrial Solutions Ltd.
- Table CG Power and Industrial Solutions Ltd. - Overview
- Table CG Power and Industrial Solutions Ltd. - Business segments
- Table CG Power and Industrial Solutions Ltd. - Key offerings
- Table CG Power and Industrial Solutions Ltd. - Segment focus
- Eaton Corp. Plc
- Table Eaton Corp. Plc - Overview
- Table Eaton Corp. Plc - Business segments
- Table Eaton Corp. Plc - Key news
- Table Eaton Corp. Plc - Key offerings
- Table Eaton Corp. Plc - Segment focus
- General Electric Co.
- Table General Electric Co. - Overview
- Table General Electric Co. - Business segments
- Table General Electric Co. - Key news
- Table General Electric Co. - Key offerings
- Table General Electric Co. - Segment focus
- Havells India Ltd.
- Table Havells India Ltd. - Overview
- Table Havells India Ltd. - Business segments
- Table Havells India Ltd. - Key news
- Table Havells India Ltd. - Key offerings
- Table Havells India Ltd. - Segment focus
- Hitachi Ltd.
- Table Hitachi Ltd. - Overview
- Table Hitachi Ltd. - Business segments
- Table Hitachi Ltd. - Key news
- Table Hitachi Ltd. - Key offerings
- Table Hitachi Ltd. - Segment focus
- Hubbell Inc.
- Table Hubbell Inc. - Overview
- Table Hubbell Inc. - Business segments
- Table Hubbell Inc. - Key offerings
- Table Hubbell Inc. - Segment focus
- Hyosung Corp.
- Table Hyosung Corp. - Overview
- Table Hyosung Corp. - Product / Service
- Table Hyosung Corp. - Key news
- Table Hyosung Corp. - Key offerings
- Hyundai Electric and Energy Systems Co. Ltd.
- Table Hyundai Electric and Energy Systems Co. Ltd. - Overview
- Table Hyundai Electric and Energy Systems Co. Ltd. - Product / Service
- Table Hyundai Electric and Energy Systems Co. Ltd. - Key offerings
- Legrand SA
- Table Legrand SA - Overview
- Table Legrand SA - Business segments
- Table Legrand SA - Key offerings
- Table Legrand SA - Segment focus
- Mitsubishi Electric Corp.
- Table Mitsubishi Electric Corp. - Overview
- Table Mitsubishi Electric Corp. - Business segments
- Table Mitsubishi Electric Corp. - Key news
- Table Mitsubishi Electric Corp. - Key offerings
- Table Mitsubishi Electric Corp. - Segment focus
- Powell Industries Inc.
- Table Powell Industries Inc. - Overview
- Table Powell Industries Inc. - Product / Service
- Table Powell Industries Inc. - Key offerings
- Schneider Electric SE
- Table Schneider Electric SE - Overview
- Table Schneider Electric SE - Business segments
- Table Schneider Electric SE - Key news
- Table Schneider Electric SE - Key offerings
- Table Schneider Electric SE - Segment focus
- Siemens AG
- Table Siemens AG - Overview
- Table Siemens AG - Business segments
- Table Siemens AG - Key news
- Table Siemens AG - Key offerings
- Table Siemens AG - Segment focus
- Vendors covered
- Appendix
- Scope of the report
- Market definition
- Objectives
- Notes and caveats
- Inclusions and exclusions checklist
- Table Inclusions checklist
- Table Exclusions checklist
- Currency conversion rates for US$
- Table Currency conversion rates for US$
- Research methodology
- Table Research methodology
- Table Validation techniques employed for market sizing
- Table Information sources
- List of abbreviations
- Table List of abbreviations
- Scope of the report
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