The South America Medium Voltage Switchgear Market size is estimated at USD 1.23 billion in 2024, and is expected to reach USD 1.7 billion by 2029, growing at a CAGR of 6.69% during the forecast period (2024-2029).
The South American medium voltage switchgear market is fragmented. Some of the key players in this market (in no particular order) are ABB Ltd, Schneider Electric, Siemens AG, Eaton Corporation, and Mitsubishi Electric Corporation, among others.
In October 2023, ABB unveiled the 500 mm panel version of the UniGear ZS1, its latest in air-insulated medium-voltage switchgear technology, at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2023. This 500mm panel version of ABB’s latest AIS MV switchgear with VD4 circuit breaker and asset health monitoring solutions represents a significant leap forward for high-reliability level, quality, and sustainability.
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