Global SF6-free MV Switchgear Market Growth 2024-2030

Global SF6-free MV Switchgear Market Growth 2024-2030

The global SF6-free MV Switchgear market size is projected to grow from US$ 372.7 million in 2023 to US$ 880.7 million in 2030; it is expected to grow at a CAGR of 13.1% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “SF6-free MV Switchgear Industry Forecast” looks at past sales and reviews total world SF6-free MV Switchgear sales in 2023, providing a comprehensive analysis by region and market sector of projected SF6-free MV Switchgear sales for 2024 through 2030. With SF6-free MV Switchgear sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SF6-free MV Switchgear industry.

This Insight Report provides a comprehensive analysis of the global SF6-free MV Switchgear landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on SF6-free MV Switchgear portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global SF6-free MV Switchgear market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SF6-free MV Switchgear and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global SF6-free MV Switchgear.

The EU’s F-gas regulation, which outlines key dates for the prohibition of SF6 in medium voltage (MV) electrical equipment, including new installations of SF6 gas insulated switchgear (GIS), aims to reduce potent and harmful greenhouse gas emissions, including Sulfur Hexafluoride (SF6), by two-thirds by 2030 compared to 2014 levels. The 2022 proposal outlines important new proposed regulations designed to phase out the use of SF6 – an established but environmentally harmful insulating gas which is 25,200 times more potent than CO2. This has been made possible with the development of SF6 alternatives paving the way for this level of regulation.

This report presents a comprehensive overview, market shares, and growth opportunities of SF6-free MV Switchgear market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
12kV
17.5kV
24kV
Others

Segmentation by application
Power Transmission
Integration of Renewable Power Generation Units to The Grid
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Siemens
GE
Hitachi
Eaton
Nuventura GmbH
Schneider

Key Questions Addressed in this Report

What is the 10-year outlook for the global SF6-free MV Switchgear market?

What factors are driving SF6-free MV Switchgear market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do SF6-free MV Switchgear market opportunities vary by end market size?

How does SF6-free MV Switchgear break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.