Pad–Mounted Switchgear Market by Type (Air, Gas, Solid Dielectric, Others), Voltage (Up to 15 kV, 15-25 kV, 25-38 kV), Application (Industrial, Commercial, & Residential), Standard (IEC, IEEE) and Region - Global Forecast to 2028
The global pad-mounted switchgear market is estimated to grow from USD 7.1 billion by 2028 from an estimated of USD 5.6 billion in 2023; it is expected to record a CAGR of 5.1% during the forecast period. Increasing underground distribution systems of the which is hidden, unlike a typical overhead circuit system, and is more reliable.
“Industrial: The largest- growing segment of the pad–mounted switchgear market”
Based on by application of pad–mounted switchgear , the industrial type segment is estimated to be the largest-growing market from 2023 to 2028. The industrial sector comprises manufacturing and process industries, such as mining, oil & gas, steel, chemical & pharmaceutical, food & beverage, cement, and automotive. All industries require a continuous power supply and consistent backup power. To avoid power outages and to ensure an constant power supply industries prefer pad-mounted switchgear systems. Due to the bulk power requirements of industries the industrial loads are connected to the distribution network at high voltage.
“IEC: The largest segment by standard in pad–mounted switchgear market”
The IEC segment, by standard, is projected to hold the largest market size during the forecast period. IEC 62271-200:2011 standards specify requirements for prefabricated metal-enclosed switchgear and control gear assemblies for alternating current of rated voltages from 1 to 52 kV for indoor and outdoor installation and for service frequencies up to 60 Hz. Enclosures may include fixed and removable components filled with fluid (liquid or gas) to provide insulation.
“Air-insulated: The largest segment by type in pad–mounted switchgear market”
The air-insulated segment, by type, is projected to hold the second largest market size during the forecast period. The European air-insulated pad-mounted switchgear market is projected to grow from USD 554 million in 2022 to USD 726 million by 2028; it is expected to grow at a CAGR of 4.7% from 2023 to 2028. Europe is the second most densely populated continent and houses many countries where underground lines account for more than 50% share of distribution lines. Utilities in urban areas lean toward underground distribution lines for functional and aesthetic purposes.
“Asia Pacific: The third largest and third fastest-growing region in pad–mounted switchgear market”
Asia Pacific is estimated to hold the third largest and third fastest market share in the pad–mounted switchgear market. Increasing focus on underground distribution network expansion and rapid industrialization in India, South Korea, and China are among a few key factors responsible for the growth of the pad-mounted switchgear market in this region. According to the Indian Electrical and Electronics Manufacturers’ Association (IEEMA), the electricity generation capacity in India is expected to increase from 200 GW in 2010 to over 800 GW by 2032 to fulfill the increasing demand for power. Therefore, huge investments of approximately USD 300 billion are expected in such projects in the next 3–4 years. Also, India is undertaking many smart grid and substation projects to fulfill the growing demand for energy. This would create demand for pad-mounted switchgear solutions in the region.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The pad-mounted switchgear market is dominated by a few major players that have a wide regional presence. The leading players in the pad-mounted switchgear market are Eaton (Ireland), Hubbell (US), G&W Electric (US), S&C Electric (US), and ABB (Switzerland).
Research Coverage:
The report defines, describes, and forecasts the global pad-mounted switchgear market, by component, power source, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the pad-mounted switchgear market.
Key Benefits of Buying the Report
“Industrial: The largest- growing segment of the pad–mounted switchgear market”
Based on by application of pad–mounted switchgear , the industrial type segment is estimated to be the largest-growing market from 2023 to 2028. The industrial sector comprises manufacturing and process industries, such as mining, oil & gas, steel, chemical & pharmaceutical, food & beverage, cement, and automotive. All industries require a continuous power supply and consistent backup power. To avoid power outages and to ensure an constant power supply industries prefer pad-mounted switchgear systems. Due to the bulk power requirements of industries the industrial loads are connected to the distribution network at high voltage.
“IEC: The largest segment by standard in pad–mounted switchgear market”
The IEC segment, by standard, is projected to hold the largest market size during the forecast period. IEC 62271-200:2011 standards specify requirements for prefabricated metal-enclosed switchgear and control gear assemblies for alternating current of rated voltages from 1 to 52 kV for indoor and outdoor installation and for service frequencies up to 60 Hz. Enclosures may include fixed and removable components filled with fluid (liquid or gas) to provide insulation.
“Air-insulated: The largest segment by type in pad–mounted switchgear market”
The air-insulated segment, by type, is projected to hold the second largest market size during the forecast period. The European air-insulated pad-mounted switchgear market is projected to grow from USD 554 million in 2022 to USD 726 million by 2028; it is expected to grow at a CAGR of 4.7% from 2023 to 2028. Europe is the second most densely populated continent and houses many countries where underground lines account for more than 50% share of distribution lines. Utilities in urban areas lean toward underground distribution lines for functional and aesthetic purposes.
“Asia Pacific: The third largest and third fastest-growing region in pad–mounted switchgear market”
Asia Pacific is estimated to hold the third largest and third fastest market share in the pad–mounted switchgear market. Increasing focus on underground distribution network expansion and rapid industrialization in India, South Korea, and China are among a few key factors responsible for the growth of the pad-mounted switchgear market in this region. According to the Indian Electrical and Electronics Manufacturers’ Association (IEEMA), the electricity generation capacity in India is expected to increase from 200 GW in 2010 to over 800 GW by 2032 to fulfill the increasing demand for power. Therefore, huge investments of approximately USD 300 billion are expected in such projects in the next 3–4 years. Also, India is undertaking many smart grid and substation projects to fulfill the growing demand for energy. This would create demand for pad-mounted switchgear solutions in the region.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 35%, Tier 2- 45%, and Tier 3- 20%
- By Designation: C-Level- 35%, Director Levels- 25%, and Others- 40%
- By Region: North America- 40%, Asia Pacific- 30%, Europe- 20%, the Middle East & Africa- 5%, and Latin America- 5%
Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The pad-mounted switchgear market is dominated by a few major players that have a wide regional presence. The leading players in the pad-mounted switchgear market are Eaton (Ireland), Hubbell (US), G&W Electric (US), S&C Electric (US), and ABB (Switzerland).
Research Coverage:
The report defines, describes, and forecasts the global pad-mounted switchgear market, by component, power source, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the pad-mounted switchgear market.
Key Benefits of Buying the Report
- All types of power cables, connectors, and installation equipment have improved considerably in the last quarter of the 20th century, and underground distribution networks are installed at a faster rate as it is less expensive. Currently, the system is completely underground, the medium-voltage lines are also buried, and transformers are mounted on the ground-level pads or underground vaults. This type of power distribution system is more common in densely populated areas and certain housing developments bringing higher demand for pad-mounted switchgear market.
- Product Development/ Innovation: The future of the pad-mounted switchgear market looks bright. Companies like G&W Electric announced the acquisition of Veneta Isolatori SPA, a leading manufacturer and provider of a wide range of components, to quickly respond to customers’ requests and needs in the market.
- Market Development: The main reasons behind the increasing number of blackouts are aging infrastructure, lack of investments, and the absence of regulatory policy that enables grid modernization. According to the Canadian Electricity Association, the current Canadian electricity sector requires an investment of USD 400 billion for the next 20 years. Electricity demand has grown 10% over the past decade, despite the increasing use of more energy-efficient products and the rising construction of energy-efficient buildings. End users rely more on digital devices, air-conditioners (during summer), and other electrical appliances.
- Market Diversification: ABB completed the delivery of medium- and low-voltage digital solutions for the Shanghai Bailonggang Wastewater Treatment Plant expansion project in China. ABB also created a custom power management scheme as part of the project to ensure continuous operations and avoid downtime throughout the facility refurbishment.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Eaton (Ireland), Hubbell (US), G&W Electric (US), S&C Electric (US), and ABB (Switzerland) among others in the pad-mounted switchgear market
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
TABLE 1 PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD
TABLE 2 PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE
TABLE 3 PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE
TABLE 4 PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION
TABLE 5 PAD-MOUNTED SWITCHGEAR MARKET, BY REGION
1.4 MARKET SCOPE
1.5 MARKET SEGMENTATION
1.6 REGIONAL SCOPE
1.7 YEARS CONSIDERED
1.8 CURRENCY CONSIDERED
1.9 LIMITATIONS
1.10 STAKEHOLDERS
1.11 SUMMARY OF CHANGES
1.12 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 PAD-MOUNTED SWITCHGEAR MARKET: RESEARCH DESIGN
2.2 RESEARCH DATA
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key data from primary sources
2.2.2.2 Breakdown of primary interviews
FIGURE 2 BREAKDOWN OF PRIMARIES
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 3 PAD-MOUNTED SWITCHGEAR MARKET: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 4 PAD-MOUNTED SWITCHGEAR MARKET: TOP-DOWN APPROACH
2.3.3 DEMAND-SIDE METRICS
FIGURE 5 METRICS CONSIDERED FOR ANALYZING DEMAND FOR PAD-MOUNTED SWITCHGEAR
2.3.3.1 Assumptions for demand-side analysis
2.3.3.2 Calculations for demand-side analysis
2.3.4 SUPPLY-SIDE ANALYSIS
FIGURE 6 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF PAD-MOUNTED SWITCHGEAR SOLUTIONS
FIGURE 7 PAD-MOUNTED SWITCHGEAR MARKET: SUPPLY SIDE ANALYSIS
2.3.4.1 Supply-side calculation
2.3.4.2 Assumptions for supply side
2.3.4.3 Assumptions and calculations
2.4 FORECAST
2.5 RECESSION IMPACT: REALISTIC AND PESSIMISTIC SCENARIOS
3 EXECUTIVE SUMMARY
TABLE 6 SNAPSHOT OF PAD-MOUNTED SWITCHGEAR MARKET, 2023 VS. 2028
FIGURE 8 INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, IN 2028
FIGURE 9 IEC SEGMENT TO CAPTURE LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, IN 2028
FIGURE 10 25–38 KV SEGMENT TO HOLD LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, THROUGHOUT FORECAST PERIOD
FIGURE 11 SOLID-DIELECTRIC SEGMENT TO EXHIBIT FASTEST GROWTH RATE IN PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, DURING FORECAST PERIOD
FIGURE 12 EUROPE ACCOUNTED FOR LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2022
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET
FIGURE 13 INCREASING INVESTMENTS IN UPGRADING AND EXPANDING DISTRIBUTION INFRASTRUCTURE TO PROVIDE OPPORTUNITIES FOR PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET DURING 2023–2026
4.2 PAD-MOUNTED SWITCHGEAR MARKET IN EUROPE, BY APPLICATION AND COUNTRY
FIGURE 14 UK HELD LARGEST SHARE OF EUROPEAN PAD-MOUNTED SWITCHGEAR MARKET IN 2022
4.3 PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION
FIGURE 15 INDUSTRIAL SEGMENT CAPTURED LARGEST SHARE OF GLOBAL PAD-MOUNTED SWITCHGEAR MARKET IN 2022
4.4 PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE
FIGURE 16 15–25 KV SEGMENT HELD MAJOR SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2022
4.5 PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE
FIGURE 17 GAS-INSULATED PAD-MOUNTED SWITCHGEAR SOLUTIONS ACCOUNTED FOR LARGEST MARKET SHARE IN 2022
4.6 PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD
FIGURE 18 IEEE STANDARD ACCOUNTED FOR LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2022
4.7 PAD-MOUNTED SWITCHGEAR MARKET, BY REGION
FIGURE 19 MIDDLE EAST & AFRICA TO RECORD HIGHEST CAGR IN PAD-MOUNTED SWITCHGEAR MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 PAD-MOUNTED SWITCHGEAR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increase in global energy consumption
FIGURE 21 TOTAL ELECTRICITY CONSUMPTION (EJ), 2010–2019
5.2.1.2 Requirement for improved grid infrastructure
5.2.1.3 Installation of underground distribution systems to reduce energy losses and enhance safety
5.2.2 RESTRAINTS
5.2.2.1 High capital investment required for installation and maintenance
5.2.2.2 Technical complexities involved in safe operations of pad-mounted switchgear systems
5.2.3 OPPORTUNITIES
5.2.3.1 Investments in upgrading and expanding power distribution infrastructure
TABLE 7 GLOBAL T&D INFRASTRUCTURE EXPANSION AND REFURBISHMENT PLANS
5.2.3.2 Focus of governments worldwide on reducing AT&C losses and automating distribution networks
TABLE 8 INTRODUCTION OF PERFORMANCE-BASED INCENTIVE PROGRAMS IN ENERGY SECTOR OF KEY COUNTRIES
5.2.4 CHALLENGES
5.2.4.1 High competition from unorganized sector and strict government regulations prohibiting use of SF6 switchgear
5.2.4.2 Installation challenges witnessed by unorganized geographies
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.3.1 NEW REVENUE POCKETS FOR POWER GRID PROVIDERS
FIGURE 22 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET
5.4 ECOSYSTEM MAPPING
TABLE 9 COMPANIES AND THEIR ROLE IN POWER GRID ECOSYSTEM
FIGURE 23 MARKET MAP/ECOSYSTEM
5.5 VALUE/SUPPLY CHAIN ANALYSIS
FIGURE 24 VALUE CHAIN ANALYSIS: MAXIMUM VALUE ADDED BY COMPONENT MANUFACTURERS
5.5.1 RAW MATERIAL PROVIDERS/SUPPLIERS
5.5.2 COMPONENT MANUFACTURERS
5.5.3 PAD-MOUNTED SWITCHGEAR MANUFACTURERS/ SYSTEM ASSEMBLERS
5.5.4 DISTRIBUTORS
5.5.5 END USERS
5.5.6 POST-SALES SERVICE PROVIDERS
5.6 TECHNOLOGY ANALYSIS
5.6.1 DEVELOPMENT OF INTELLIGENT SWITCHGEAR SYSTEMS
5.6.2 DEVELOPMENT OF ECO-EFFICIENT SWITCHGEAR SOLUTIONS
5.7 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 10 PAD-MOUNTED SWITCHGEAR MARKET: CONFERENCES AND EVENTS
5.8 TARIFF AND REGULATORY LANDSCAPE
5.8.1 TARIFF DATA FOR LOW- AND HIGH-VOLTAGE PROTECTION EQUIPMENT IMPORTED BY COUNTRIES
TABLE 11 IMPORT TARIFF DATA FOR LOW-VOLTAGE PROTECTION EQUIPMENT, BY COUNTRY, 2021
TABLE 12 IMPORT TARIFF DATA FOR HIGH-VOLTAGE PROTECTION EQUIPMENT, BY COUNTRY, 2021
5.9 PAD-MOUNTED SWITCHGEAR: REGULATORY LANDSCAPE
TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.9.1 CODES AND REGULATORY POLICIES RELATED TO PAD-MOUNTED SWITCHGEAR SYSTEMS
TABLE 17 PAD-MOUNTED SWITCHGEAR: CODES AND REGULATIONS
5.10 PATENT ANALYSIS
TABLE 18 POWER GRID-RELATED INNOVATIONS AND PATENT REGISTRATIONS
5.11 TRADE ANALYSIS
5.11.1 TRADE ANALYSIS OF DISTRIBUTION APPARATUS (EXCEEDING 1,000 VOLTS) USED IN SWITCHING OR PROTECTING ELECTRICAL CIRCUITS
5.11.2 IMPORT SCENARIO: HS CODE 853590
TABLE 19 IMPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853590, BY COUNTRY, 2019–2021 (USD)
5.11.3 EXPORT SCENARIO: HS CODE 853590
TABLE 20 EXPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853590, BY COUNTRY, 2019–2021 (USD)
5.11.4 TRADE ANALYSIS FOR POWER GRID APPARATUS (NOT EXCEEDING 1,000 VOLTS) USED IN SWITCHING OR PROTECTING ELECTRICAL CIRCUITS
5.11.5 IMPORT SCENARIO: HS CODE 853690
TABLE 21 IMPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853690, BY COUNTRY, 2019–2021 (USD)
5.11.6 EXPORT SCENARIO: HS CODE 853690
TABLE 22 EXPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853690, BY COUNTRY, 2019–2021 (USD)
5.12 CASE STUDY ANALYSIS
5.12.1 S&C’S PAD-MOUNTED GEAR PROVIDED SUPERIOR QUALITY AND RELIABILITY REQUIRED BY MUNICIPAL UTILITY
5.12.2 ELASTIMOLD’S SOLID-DIELECTRIC SWITCHGEAR ADDRESSED CHALLENGES FACED BY FIRSTENERGY DUE TO AGING INFRASTRUCTURE
5.12.2.1 Problem statement
5.12.2.2 Solution
5.12.3 UK-BASED NORTHERN POWERGRID COMPANY DEPLOYED ABB’S SF6-FREE SWITCHGEAR TO DECARBONIZE ITS ELECTRICAL NETWORK
5.12.3.1 Problem statement
5.12.3.2 Solution
5.12.4 NATIONAL GRID EMPLOYED SF6-FREE HV SUBSTATIONS IN ITS SOUTHEAST ENGLAND NETWORK TO ENSURE RELIABLE ELECTRICITY SUPPLY
5.12.4.1 Problem statement
5.12.4.2 Solution
FIGURE 25 POWERGRID MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 23 PAD-MOUNTED SWITCHGEAR MARKET: PORTER’S FIVE FORCES ANALYSIS
5.12.5 THREAT OF SUBSTITUTES
5.12.6 BARGAINING POWER OF SUPPLIERS
5.12.7 BARGAINING POWER OF BUYERS
5.12.8 THREAT OF NEW ENTRANTS
5.12.9 INTENSITY OF COMPETITIVE RIVALRY
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 26 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
TABLE 24 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
5.14 BUYING CRITERIA
FIGURE 27 BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 25 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
5.15 PRICING ANALYSIS
FIGURE 28 AVERAGE SELLING PRICE OF DIFFERENT TYPES OF PAD-MOUNTED SWITCHGEAR SYSTEMS OFFERED BY KEY PLAYERS
TABLE 26 AVERAGE SELLING PRICE OF PAD-MOUNTED SWITCHGEAR OFFERED BY KEY PLAYERS, BY TYPE (USD)
TABLE 27 PRICING ANALYSIS OF DIFFERENT TYPES OF PAD-MOUNTED SWITCHGEAR, BY REGION, 2022 (USD THOUSAND)
FIGURE 29 PRICING ANALYSIS, BY REGION
6 PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION
6.1 INTRODUCTION
FIGURE 30 PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2022
TABLE 28 PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
6.2 INDUSTRIAL
6.2.1 ADOPTION OF PAD-MOUNTED SWITCHGEAR TO AVOID SHORT CIRCUITS AND POWER OUTAGES DUE TO DUST CONTAMINATION
TABLE 29 INDUSTRIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
6.3 COMMERCIAL
6.3.1 DEPLOYMENT OF PAD-MOUNT SWITCHGEAR TO PREVENT DISRUPTION OF SERVICES DUE TO ELECTRICAL ACCIDENTS
TABLE 30 COMMERCIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
6.4 RESIDENTIAL
6.4.1 IMPLEMENTATION OF PAD-MOUNT SWITCHGEAR IN RESIDENTIAL APPLICATIONS TO SAVE SPACE OCCUPIED BY OVERHEAD INFRASTRUCTURE
TABLE 31 RESIDENTIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
7 PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE
7.1 INTRODUCTION
FIGURE 31 PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2022
TABLE 32 PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
7.1.1 UP TO 15 KV
7.1.2 RISING DEMAND FOR UP TO 15 KV PAD-MOUNTED SWITCHGEAR SOLUTIONS IN RESIDENTIAL APPLICATIONS TO DRIVE MARKET
TABLE 33 UP TO 15 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
7.2 15–25 KV
7.2.1 INCREASING ADOPTION OF 15–25 KV PAD-MOUNTED SWITCHGEAR SOLUTIONS IN FEEDER AND SUBSTATION AUTOMATION APPLICATIONS TO PROPEL MARKET
TABLE 34 15–25 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
7.3 25–38 KV
7.3.1 RAPID GROWTH OF INDUSTRIAL AND COMMERCIAL SECTORS IN EUROPE AND NORTH AMERICA TO BOOST SEGMENTAL GROWTH
TABLE 35 25–38 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
8 PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 32 PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2022
TABLE 36 PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
8.2 AIR-INSULATED
8.2.1 EXTENSIVE APPLICATIONS OF AIR-INSULATED PAD-MOUNTED SWITCHGEAR IN LOW-VOLTAGE DISTRIBUTION NETWORKS
TABLE 37 AIR-INSULATED: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
8.3 GAS-INSULATED
8.3.1 SIGNIFICANT IMPLEMENTATION OF GAS-INSULATED PAD-MOUNTED SWITCHGEAR SOLUTIONS IN HIGH-VOLTAGE DISTRIBUTION NETWORKS
TABLE 38 GAS-INSULATED: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
8.4 SOLID-DIELECTRIC
8.4.1 RAPID DEPLOYMENT OF SUSTAINABLE AND ENVIRONMENT-FRIENDLY SOLID-DIELECTRIC SWITCHGEAR IN EUROPE
TABLE 39 SOLID-DIELECTRIC: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
8.5 OTHERS
TABLE 40 OTHERS: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
9 PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD
9.1 INTRODUCTION
FIGURE 33 PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, 2022
TABLE 41 PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, 2021–2028 (USD MILLION)
9.2 INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC)
9.3 INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS (IEEE)
9.4 OTHER STANDARDS
TABLE 42 KEY STANDARDS ACROSS MAJOR COUNTRIES
10 GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 34 REGIONAL SNAPSHOT: MIDDLE EASTERN & AFRICAN PAD-MOUNTED SWITCHGEAR MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 35 PAD-MOUNTED SWITCHGEAR MARKET SHARE, BY REGION, 2022
TABLE 43 PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
10.2 EUROPE
FIGURE 36 EUROPE: MARKET SNAPSHOT
TABLE 44 EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 45 EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 46 EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
TABLE 47 EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
10.2.1 UK
10.2.1.1 Renewable energy integration in power grids to drive market
TABLE 48 UK: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 49 UK: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 50 UK: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.2.2 GERMANY
10.2.2.1 Increasing focus on energy efficiency and grid expansion to fuel market growth
TABLE 51 GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 52 GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 53 GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.2.3 FRANCE
10.2.3.1 Improvement in power generation, transmission, and distribution infrastructure to ensure efficiency and security to propel market
TABLE 54 FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 55 FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 56 FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.2.4 REST OF EUROPE
TABLE 57 REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 58 REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 59 REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.3 NORTH AMERICA
FIGURE 37 NORTH AMERICA: MARKET SNAPSHOT
10.3.1 BY TYPE
TABLE 60 NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
10.3.2 BY VOLTAGE
TABLE 61 NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
10.3.3 BY APPLICATION
TABLE 62 NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
TABLE 63 NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
10.3.3.1 US
10.3.3.1.1 Strong need to modernize aging power infrastructure to drive demand for pad-mounted switchgear systems
TABLE 64 US: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 65 US: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 66 US: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.3.3.2 CANADA
10.3.3.2.1 Increasing investment in renewables to support market growth
TABLE 67 CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 68 CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 69 CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.3.3.3 MEXICO
10.3.3.3.1 Adoption of smart grid technology to fuel need for pad-mounted switchgear systems
TABLE 70 MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 71 MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 72 MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.4 ASIA PACIFIC
TABLE 73 ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 74 ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 75 ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
TABLE 76 ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Increasing investments in clean energy projects to accelerate demand for pad-mounted switchgear
TABLE 77 CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 78 CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 79 CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.4.2 INDIA
10.4.2.1 Rising electrification to drive market
TABLE 80 INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 81 INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 82 INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.4.3 AUSTRALIA
10.4.3.1 Electrification of Australian railroad network to boost demand for pad-mounted switchgear solutions
TABLE 83 AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 84 AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 85 AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.4.4 SOUTH KOREA
10.4.4.1 Rising consumption of natural gas, nuclear energy, and coal in power sector to boost demand for pad-mounted switchgear systems
TABLE 86 SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 87 SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 88 SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.4.5 REST OF ASIA PACIFIC
TABLE 89 REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 90 REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 91 REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5 MIDDLE EAST & AFRICA
TABLE 92 MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 93 MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 94 MIDDLE EAST & AFRICA: GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
TABLE 95 MIDDLE EAST & AFRICA: GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
10.5.1 SAUDI ARABIA
10.5.1.1 Favorable government policies supporting utilization of renewables for power generation to drive market
TABLE 96 SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 97 SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 98 SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5.2 UAE
10.5.2.1 Government focus on increasing power generation capacity to boost demand for pad-mounted switchgear solutions
TABLE 99 UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 100 UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 101 UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5.3 SOUTH AFRICA
10.5.3.1 Rising investments in power capacity addition and improving energy efficiency to accelerate market growth
TABLE 102 SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 103 SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 104 SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5.4 EGYPT
10.5.4.1 Refurbishment of power plant infrastructure leads to high need for pad-mounted switchgear systems
TABLE 105 EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 106 EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 107 EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5.5 QATAR
10.5.5.1 Increasing energy consumption to support market growth
TABLE 108 QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 109 QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 110 QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5.6 REST OF MIDDLE EAST & AFRICA
TABLE 111 REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 112 REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 113 REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.6 SOUTH AMERICA
TABLE 114 SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 115 SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 116 SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
TABLE 117 SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
10.6.1 BRAZIL
10.6.1.1 Increasing share of renewables in energy mix to propel market
TABLE 118 BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 119 BRAZIL: GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 120 BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.6.2 ARGENTINA
10.6.2.1 Need for uninterrupted power supply in oil & gas operations to fuel demand for pad-mounted switchgear systems
TABLE 121 ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 122 ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 123 ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.6.3 REST OF SOUTH AMERICA
TABLE 124 REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 125 REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 126 REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 127 OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF PAD-MOUNTED SWITCHGEAR SOLUTIONS
11.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2022
FIGURE 38 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET, 2022
TABLE 128 PAD-MOUNTED SWITCHGEAR MARKET: DEGREE OF COMPETITION
FIGURE 39 PAD-MOUNTED SWITCHGEAR MARKET SHARE ANALYSIS, 2022
11.3 FIVE-YEAR COMPANY REVENUE ANALYSIS
FIGURE 40 REVENUE ANALYSIS OF TOP 5 PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET, 2018–2022
11.4 COMPANY EVALUATION MATRIX/QUADRANT, 2022
11.4.1 STARS
11.4.2 PERVASIVE PLAYERS
11.4.3 EMERGING LEADERS
11.4.4 PARTICIPANTS
FIGURE 41 PAD-MOUNTED SWITCHGEAR MARKET (GLOBAL): KEY COMPANY EVALUATION MATRIX, 2022
11.5 STARTUPS/SMES EVALUATION QUADRANT
11.5.1 PROGRESSIVE COMPANIES
11.5.2 RESPONSIVE COMPANIES
11.5.3 DYNAMIC COMPANIES
11.5.4 STARTING BLOCKS
FIGURE 42 PAD-MOUNTED SWITCHGEAR MARKET: STARTUPS/SMES EVALUATION QUADRANT, 2022
11.6 COMPETITIVE BENCHMARKING
TABLE 129 PAD-MOUNTED SWITCHGEAR MARKET: LIST OF KEY STARTUPS/SMES
TABLE 130 PAD-MOUNTED SWITCHGEAR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.7 PAD-MOUNTED SWITCHGEAR MARKET: COMPANY FOOTPRINT
TABLE 131 STANDARD: COMPANY FOOTPRINT
TABLE 132 APPLICATION: COMPANY FOOTPRINT
TABLE 133 REGION: COMPANY FOOTPRINT
TABLE 134 COMPANY FOOTPRINT
11.8 COMPETITIVE SCENARIO
TABLE 135 PAD-MOUNTED SWITCHGEAR MARKET: DEALS, MAY 2020–MARCH 2023
TABLE 136 PAD-MOUNTED SWITCHGEAR MARKET: OTHERS, MAY 2020–MARCH 2023
12 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
12.1 KEY PLAYERS
12.1.1 EATON
TABLE 137 EATON: BUSINESS OVERVIEW
FIGURE 43 EATON: COMPANY SNAPSHOT
TABLE 138 EATON: PRODUCTS OFFERED
TABLE 139 EATON: DEALS
TABLE 140 EATON: OTHERS
12.1.2 HUBBELL
TABLE 141 HUBBELL: BUSINESS OVERVIEW
FIGURE 44 HUBBELL: COMPANY SNAPSHOT
TABLE 142 HUBBELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.3 ABB
TABLE 143 ABB: BUSINESS OVERVIEW
FIGURE 45 ABB: COMPANY SNAPSHOT
TABLE 144 ABB: PRODUCTS OFFERED
TABLE 145 ABB: DEALS
TABLE 146 ABB: OTHERS
12.1.4 G&W ELECTRIC
TABLE 147 G&W ELECTRIC: BUSINESS OVERVIEW
TABLE 148 G&W ELECTRIC: PRODUCTS OFFERED
TABLE 149 G&W ELECTRIC: OTHERS
12.1.5 S&C ELECTRIC
TABLE 150 S&C ELECTRIC: BUSINESS OVERVIEW
TABLE 151 S&C ELECTRIC: PRODUCTS OFFERED
TABLE 152 S&C ELECTRIC: DEALS
12.1.6 POWELL
TABLE 153 POWELL: BUSINESS OVERVIEW
FIGURE 46 POWELL: COMPANY SNAPSHOT
TABLE 154 POWELL: PRODUCTS OFFERED
12.1.7 FEDERAL PACIFIC
TABLE 155 FEDERAL PACIFIC: BUSINESS OVERVIEW
TABLE 156 FEDERAL PACIFIC: PRODUCTS OFFERED
12.1.8 ENTEC ELECTRIC & ELECTRONIC
TABLE 157 ENTEC ELECTRIC & ELECTRONIC: BUSINESS OVERVIEW
TABLE 158 ENTEC ELECTRIC & ELECTRONIC: PRODUCTS OFFERED
12.1.9 NOJA POWER
TABLE 159 NOJA POWER: BUSINESS OVERVIEW
TABLE 160 NOJA POWER: PRODUCTS OFFERED
TABLE 161 NOJA POWER: DEALS
12.1.10 TIEPCO GROUP
TABLE 162 TIEPCO GROUP: BUSINESS OVERVIEW
TABLE 163 TIEPCO GROUP: PRODUCTS OFFERED
12.1.11 GHORIT ELECTRICALS
TABLE 164 GHORIT ELECTRICALS: BUSINESS OVERVIEW
TABLE 165 GHORIT ELECTRICALS: PRODUCTS OFFERED
12.1.12 NINGBO TIANAN GROUP
TABLE 166 NINGBO TIANAN GROUP: BUSINESS OVERVIEW
TABLE 167 NINGBO TIANAN GROUP: PRODUCTS OFFERED
12.1.13 TRAYER SWITCHGEAR
TABLE 168 TRAYER SWITCHGEAR: BUSINESS OVERVIEW
TABLE 169 TRAYER SWITCHGEAR: PRODUCTS OFFERED
12.1.14 KDM STEEL
TABLE 170 KDM STEEL: BUSINESS OVERVIEW
TABLE 171 KDM STEEL: PRODUCTS OFFERED
12.1.15 SWITCHGEAR POWER SYSTEMS LLC
TABLE 172 SWITCHGEAR POWER SYSTEMS LLC: BUSINESS OVERVIEW
TABLE 173 SWITCHGEAR POWER SYSTEMS LLC: PRODUCTS OFFERED
12.1.16 PARK DETROIT
TABLE 174 PARK DETROIT: BUSINESS OVERVIEW
TABLE 175 PARK DETROIT: PRODUCTS OFFERED
12.2 OTHER PLAYERS
12.2.1 BEIJING KYLIN POWER & TECHNOLOGY
12.2.2 TELAWNE POWER EQUIPMENTS PVT. LTD.
12.2.3 ORMAZABAL
12.2.4 ACTOM
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
TABLE 1 PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD
TABLE 2 PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE
TABLE 3 PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE
TABLE 4 PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION
TABLE 5 PAD-MOUNTED SWITCHGEAR MARKET, BY REGION
1.4 MARKET SCOPE
1.5 MARKET SEGMENTATION
1.6 REGIONAL SCOPE
1.7 YEARS CONSIDERED
1.8 CURRENCY CONSIDERED
1.9 LIMITATIONS
1.10 STAKEHOLDERS
1.11 SUMMARY OF CHANGES
1.12 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 PAD-MOUNTED SWITCHGEAR MARKET: RESEARCH DESIGN
2.2 RESEARCH DATA
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key data from primary sources
2.2.2.2 Breakdown of primary interviews
FIGURE 2 BREAKDOWN OF PRIMARIES
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 3 PAD-MOUNTED SWITCHGEAR MARKET: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 4 PAD-MOUNTED SWITCHGEAR MARKET: TOP-DOWN APPROACH
2.3.3 DEMAND-SIDE METRICS
FIGURE 5 METRICS CONSIDERED FOR ANALYZING DEMAND FOR PAD-MOUNTED SWITCHGEAR
2.3.3.1 Assumptions for demand-side analysis
2.3.3.2 Calculations for demand-side analysis
2.3.4 SUPPLY-SIDE ANALYSIS
FIGURE 6 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF PAD-MOUNTED SWITCHGEAR SOLUTIONS
FIGURE 7 PAD-MOUNTED SWITCHGEAR MARKET: SUPPLY SIDE ANALYSIS
2.3.4.1 Supply-side calculation
2.3.4.2 Assumptions for supply side
2.3.4.3 Assumptions and calculations
2.4 FORECAST
2.5 RECESSION IMPACT: REALISTIC AND PESSIMISTIC SCENARIOS
3 EXECUTIVE SUMMARY
TABLE 6 SNAPSHOT OF PAD-MOUNTED SWITCHGEAR MARKET, 2023 VS. 2028
FIGURE 8 INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, IN 2028
FIGURE 9 IEC SEGMENT TO CAPTURE LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, IN 2028
FIGURE 10 25–38 KV SEGMENT TO HOLD LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, THROUGHOUT FORECAST PERIOD
FIGURE 11 SOLID-DIELECTRIC SEGMENT TO EXHIBIT FASTEST GROWTH RATE IN PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, DURING FORECAST PERIOD
FIGURE 12 EUROPE ACCOUNTED FOR LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2022
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET
FIGURE 13 INCREASING INVESTMENTS IN UPGRADING AND EXPANDING DISTRIBUTION INFRASTRUCTURE TO PROVIDE OPPORTUNITIES FOR PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET DURING 2023–2026
4.2 PAD-MOUNTED SWITCHGEAR MARKET IN EUROPE, BY APPLICATION AND COUNTRY
FIGURE 14 UK HELD LARGEST SHARE OF EUROPEAN PAD-MOUNTED SWITCHGEAR MARKET IN 2022
4.3 PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION
FIGURE 15 INDUSTRIAL SEGMENT CAPTURED LARGEST SHARE OF GLOBAL PAD-MOUNTED SWITCHGEAR MARKET IN 2022
4.4 PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE
FIGURE 16 15–25 KV SEGMENT HELD MAJOR SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2022
4.5 PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE
FIGURE 17 GAS-INSULATED PAD-MOUNTED SWITCHGEAR SOLUTIONS ACCOUNTED FOR LARGEST MARKET SHARE IN 2022
4.6 PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD
FIGURE 18 IEEE STANDARD ACCOUNTED FOR LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2022
4.7 PAD-MOUNTED SWITCHGEAR MARKET, BY REGION
FIGURE 19 MIDDLE EAST & AFRICA TO RECORD HIGHEST CAGR IN PAD-MOUNTED SWITCHGEAR MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 PAD-MOUNTED SWITCHGEAR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increase in global energy consumption
FIGURE 21 TOTAL ELECTRICITY CONSUMPTION (EJ), 2010–2019
5.2.1.2 Requirement for improved grid infrastructure
5.2.1.3 Installation of underground distribution systems to reduce energy losses and enhance safety
5.2.2 RESTRAINTS
5.2.2.1 High capital investment required for installation and maintenance
5.2.2.2 Technical complexities involved in safe operations of pad-mounted switchgear systems
5.2.3 OPPORTUNITIES
5.2.3.1 Investments in upgrading and expanding power distribution infrastructure
TABLE 7 GLOBAL T&D INFRASTRUCTURE EXPANSION AND REFURBISHMENT PLANS
5.2.3.2 Focus of governments worldwide on reducing AT&C losses and automating distribution networks
TABLE 8 INTRODUCTION OF PERFORMANCE-BASED INCENTIVE PROGRAMS IN ENERGY SECTOR OF KEY COUNTRIES
5.2.4 CHALLENGES
5.2.4.1 High competition from unorganized sector and strict government regulations prohibiting use of SF6 switchgear
5.2.4.2 Installation challenges witnessed by unorganized geographies
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.3.1 NEW REVENUE POCKETS FOR POWER GRID PROVIDERS
FIGURE 22 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET
5.4 ECOSYSTEM MAPPING
TABLE 9 COMPANIES AND THEIR ROLE IN POWER GRID ECOSYSTEM
FIGURE 23 MARKET MAP/ECOSYSTEM
5.5 VALUE/SUPPLY CHAIN ANALYSIS
FIGURE 24 VALUE CHAIN ANALYSIS: MAXIMUM VALUE ADDED BY COMPONENT MANUFACTURERS
5.5.1 RAW MATERIAL PROVIDERS/SUPPLIERS
5.5.2 COMPONENT MANUFACTURERS
5.5.3 PAD-MOUNTED SWITCHGEAR MANUFACTURERS/ SYSTEM ASSEMBLERS
5.5.4 DISTRIBUTORS
5.5.5 END USERS
5.5.6 POST-SALES SERVICE PROVIDERS
5.6 TECHNOLOGY ANALYSIS
5.6.1 DEVELOPMENT OF INTELLIGENT SWITCHGEAR SYSTEMS
5.6.2 DEVELOPMENT OF ECO-EFFICIENT SWITCHGEAR SOLUTIONS
5.7 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 10 PAD-MOUNTED SWITCHGEAR MARKET: CONFERENCES AND EVENTS
5.8 TARIFF AND REGULATORY LANDSCAPE
5.8.1 TARIFF DATA FOR LOW- AND HIGH-VOLTAGE PROTECTION EQUIPMENT IMPORTED BY COUNTRIES
TABLE 11 IMPORT TARIFF DATA FOR LOW-VOLTAGE PROTECTION EQUIPMENT, BY COUNTRY, 2021
TABLE 12 IMPORT TARIFF DATA FOR HIGH-VOLTAGE PROTECTION EQUIPMENT, BY COUNTRY, 2021
5.9 PAD-MOUNTED SWITCHGEAR: REGULATORY LANDSCAPE
TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.9.1 CODES AND REGULATORY POLICIES RELATED TO PAD-MOUNTED SWITCHGEAR SYSTEMS
TABLE 17 PAD-MOUNTED SWITCHGEAR: CODES AND REGULATIONS
5.10 PATENT ANALYSIS
TABLE 18 POWER GRID-RELATED INNOVATIONS AND PATENT REGISTRATIONS
5.11 TRADE ANALYSIS
5.11.1 TRADE ANALYSIS OF DISTRIBUTION APPARATUS (EXCEEDING 1,000 VOLTS) USED IN SWITCHING OR PROTECTING ELECTRICAL CIRCUITS
5.11.2 IMPORT SCENARIO: HS CODE 853590
TABLE 19 IMPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853590, BY COUNTRY, 2019–2021 (USD)
5.11.3 EXPORT SCENARIO: HS CODE 853590
TABLE 20 EXPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853590, BY COUNTRY, 2019–2021 (USD)
5.11.4 TRADE ANALYSIS FOR POWER GRID APPARATUS (NOT EXCEEDING 1,000 VOLTS) USED IN SWITCHING OR PROTECTING ELECTRICAL CIRCUITS
5.11.5 IMPORT SCENARIO: HS CODE 853690
TABLE 21 IMPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853690, BY COUNTRY, 2019–2021 (USD)
5.11.6 EXPORT SCENARIO: HS CODE 853690
TABLE 22 EXPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853690, BY COUNTRY, 2019–2021 (USD)
5.12 CASE STUDY ANALYSIS
5.12.1 S&C’S PAD-MOUNTED GEAR PROVIDED SUPERIOR QUALITY AND RELIABILITY REQUIRED BY MUNICIPAL UTILITY
5.12.2 ELASTIMOLD’S SOLID-DIELECTRIC SWITCHGEAR ADDRESSED CHALLENGES FACED BY FIRSTENERGY DUE TO AGING INFRASTRUCTURE
5.12.2.1 Problem statement
5.12.2.2 Solution
5.12.3 UK-BASED NORTHERN POWERGRID COMPANY DEPLOYED ABB’S SF6-FREE SWITCHGEAR TO DECARBONIZE ITS ELECTRICAL NETWORK
5.12.3.1 Problem statement
5.12.3.2 Solution
5.12.4 NATIONAL GRID EMPLOYED SF6-FREE HV SUBSTATIONS IN ITS SOUTHEAST ENGLAND NETWORK TO ENSURE RELIABLE ELECTRICITY SUPPLY
5.12.4.1 Problem statement
5.12.4.2 Solution
FIGURE 25 POWERGRID MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 23 PAD-MOUNTED SWITCHGEAR MARKET: PORTER’S FIVE FORCES ANALYSIS
5.12.5 THREAT OF SUBSTITUTES
5.12.6 BARGAINING POWER OF SUPPLIERS
5.12.7 BARGAINING POWER OF BUYERS
5.12.8 THREAT OF NEW ENTRANTS
5.12.9 INTENSITY OF COMPETITIVE RIVALRY
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 26 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
TABLE 24 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
5.14 BUYING CRITERIA
FIGURE 27 BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 25 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
5.15 PRICING ANALYSIS
FIGURE 28 AVERAGE SELLING PRICE OF DIFFERENT TYPES OF PAD-MOUNTED SWITCHGEAR SYSTEMS OFFERED BY KEY PLAYERS
TABLE 26 AVERAGE SELLING PRICE OF PAD-MOUNTED SWITCHGEAR OFFERED BY KEY PLAYERS, BY TYPE (USD)
TABLE 27 PRICING ANALYSIS OF DIFFERENT TYPES OF PAD-MOUNTED SWITCHGEAR, BY REGION, 2022 (USD THOUSAND)
FIGURE 29 PRICING ANALYSIS, BY REGION
6 PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION
6.1 INTRODUCTION
FIGURE 30 PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2022
TABLE 28 PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
6.2 INDUSTRIAL
6.2.1 ADOPTION OF PAD-MOUNTED SWITCHGEAR TO AVOID SHORT CIRCUITS AND POWER OUTAGES DUE TO DUST CONTAMINATION
TABLE 29 INDUSTRIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
6.3 COMMERCIAL
6.3.1 DEPLOYMENT OF PAD-MOUNT SWITCHGEAR TO PREVENT DISRUPTION OF SERVICES DUE TO ELECTRICAL ACCIDENTS
TABLE 30 COMMERCIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
6.4 RESIDENTIAL
6.4.1 IMPLEMENTATION OF PAD-MOUNT SWITCHGEAR IN RESIDENTIAL APPLICATIONS TO SAVE SPACE OCCUPIED BY OVERHEAD INFRASTRUCTURE
TABLE 31 RESIDENTIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
7 PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE
7.1 INTRODUCTION
FIGURE 31 PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2022
TABLE 32 PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
7.1.1 UP TO 15 KV
7.1.2 RISING DEMAND FOR UP TO 15 KV PAD-MOUNTED SWITCHGEAR SOLUTIONS IN RESIDENTIAL APPLICATIONS TO DRIVE MARKET
TABLE 33 UP TO 15 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
7.2 15–25 KV
7.2.1 INCREASING ADOPTION OF 15–25 KV PAD-MOUNTED SWITCHGEAR SOLUTIONS IN FEEDER AND SUBSTATION AUTOMATION APPLICATIONS TO PROPEL MARKET
TABLE 34 15–25 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
7.3 25–38 KV
7.3.1 RAPID GROWTH OF INDUSTRIAL AND COMMERCIAL SECTORS IN EUROPE AND NORTH AMERICA TO BOOST SEGMENTAL GROWTH
TABLE 35 25–38 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
8 PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 32 PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2022
TABLE 36 PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
8.2 AIR-INSULATED
8.2.1 EXTENSIVE APPLICATIONS OF AIR-INSULATED PAD-MOUNTED SWITCHGEAR IN LOW-VOLTAGE DISTRIBUTION NETWORKS
TABLE 37 AIR-INSULATED: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
8.3 GAS-INSULATED
8.3.1 SIGNIFICANT IMPLEMENTATION OF GAS-INSULATED PAD-MOUNTED SWITCHGEAR SOLUTIONS IN HIGH-VOLTAGE DISTRIBUTION NETWORKS
TABLE 38 GAS-INSULATED: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
8.4 SOLID-DIELECTRIC
8.4.1 RAPID DEPLOYMENT OF SUSTAINABLE AND ENVIRONMENT-FRIENDLY SOLID-DIELECTRIC SWITCHGEAR IN EUROPE
TABLE 39 SOLID-DIELECTRIC: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
8.5 OTHERS
TABLE 40 OTHERS: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
9 PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD
9.1 INTRODUCTION
FIGURE 33 PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, 2022
TABLE 41 PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, 2021–2028 (USD MILLION)
9.2 INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC)
9.3 INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS (IEEE)
9.4 OTHER STANDARDS
TABLE 42 KEY STANDARDS ACROSS MAJOR COUNTRIES
10 GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 34 REGIONAL SNAPSHOT: MIDDLE EASTERN & AFRICAN PAD-MOUNTED SWITCHGEAR MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 35 PAD-MOUNTED SWITCHGEAR MARKET SHARE, BY REGION, 2022
TABLE 43 PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)
10.2 EUROPE
FIGURE 36 EUROPE: MARKET SNAPSHOT
TABLE 44 EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 45 EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 46 EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
TABLE 47 EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
10.2.1 UK
10.2.1.1 Renewable energy integration in power grids to drive market
TABLE 48 UK: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 49 UK: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 50 UK: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.2.2 GERMANY
10.2.2.1 Increasing focus on energy efficiency and grid expansion to fuel market growth
TABLE 51 GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 52 GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 53 GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.2.3 FRANCE
10.2.3.1 Improvement in power generation, transmission, and distribution infrastructure to ensure efficiency and security to propel market
TABLE 54 FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 55 FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 56 FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.2.4 REST OF EUROPE
TABLE 57 REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 58 REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 59 REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.3 NORTH AMERICA
FIGURE 37 NORTH AMERICA: MARKET SNAPSHOT
10.3.1 BY TYPE
TABLE 60 NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
10.3.2 BY VOLTAGE
TABLE 61 NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
10.3.3 BY APPLICATION
TABLE 62 NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
TABLE 63 NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
10.3.3.1 US
10.3.3.1.1 Strong need to modernize aging power infrastructure to drive demand for pad-mounted switchgear systems
TABLE 64 US: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 65 US: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 66 US: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.3.3.2 CANADA
10.3.3.2.1 Increasing investment in renewables to support market growth
TABLE 67 CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 68 CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 69 CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.3.3.3 MEXICO
10.3.3.3.1 Adoption of smart grid technology to fuel need for pad-mounted switchgear systems
TABLE 70 MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 71 MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 72 MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.4 ASIA PACIFIC
TABLE 73 ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 74 ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 75 ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
TABLE 76 ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Increasing investments in clean energy projects to accelerate demand for pad-mounted switchgear
TABLE 77 CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 78 CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 79 CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.4.2 INDIA
10.4.2.1 Rising electrification to drive market
TABLE 80 INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 81 INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 82 INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.4.3 AUSTRALIA
10.4.3.1 Electrification of Australian railroad network to boost demand for pad-mounted switchgear solutions
TABLE 83 AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 84 AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 85 AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.4.4 SOUTH KOREA
10.4.4.1 Rising consumption of natural gas, nuclear energy, and coal in power sector to boost demand for pad-mounted switchgear systems
TABLE 86 SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 87 SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 88 SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.4.5 REST OF ASIA PACIFIC
TABLE 89 REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 90 REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 91 REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5 MIDDLE EAST & AFRICA
TABLE 92 MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 93 MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 94 MIDDLE EAST & AFRICA: GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
TABLE 95 MIDDLE EAST & AFRICA: GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
10.5.1 SAUDI ARABIA
10.5.1.1 Favorable government policies supporting utilization of renewables for power generation to drive market
TABLE 96 SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 97 SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 98 SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5.2 UAE
10.5.2.1 Government focus on increasing power generation capacity to boost demand for pad-mounted switchgear solutions
TABLE 99 UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 100 UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 101 UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5.3 SOUTH AFRICA
10.5.3.1 Rising investments in power capacity addition and improving energy efficiency to accelerate market growth
TABLE 102 SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 103 SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 104 SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5.4 EGYPT
10.5.4.1 Refurbishment of power plant infrastructure leads to high need for pad-mounted switchgear systems
TABLE 105 EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 106 EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 107 EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5.5 QATAR
10.5.5.1 Increasing energy consumption to support market growth
TABLE 108 QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 109 QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 110 QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.5.6 REST OF MIDDLE EAST & AFRICA
TABLE 111 REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 112 REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 113 REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.6 SOUTH AMERICA
TABLE 114 SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 115 SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 116 SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
TABLE 117 SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
10.6.1 BRAZIL
10.6.1.1 Increasing share of renewables in energy mix to propel market
TABLE 118 BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 119 BRAZIL: GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 120 BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.6.2 ARGENTINA
10.6.2.1 Need for uninterrupted power supply in oil & gas operations to fuel demand for pad-mounted switchgear systems
TABLE 121 ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 122 ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 123 ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
10.6.3 REST OF SOUTH AMERICA
TABLE 124 REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 125 REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
TABLE 126 REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 127 OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF PAD-MOUNTED SWITCHGEAR SOLUTIONS
11.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2022
FIGURE 38 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET, 2022
TABLE 128 PAD-MOUNTED SWITCHGEAR MARKET: DEGREE OF COMPETITION
FIGURE 39 PAD-MOUNTED SWITCHGEAR MARKET SHARE ANALYSIS, 2022
11.3 FIVE-YEAR COMPANY REVENUE ANALYSIS
FIGURE 40 REVENUE ANALYSIS OF TOP 5 PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET, 2018–2022
11.4 COMPANY EVALUATION MATRIX/QUADRANT, 2022
11.4.1 STARS
11.4.2 PERVASIVE PLAYERS
11.4.3 EMERGING LEADERS
11.4.4 PARTICIPANTS
FIGURE 41 PAD-MOUNTED SWITCHGEAR MARKET (GLOBAL): KEY COMPANY EVALUATION MATRIX, 2022
11.5 STARTUPS/SMES EVALUATION QUADRANT
11.5.1 PROGRESSIVE COMPANIES
11.5.2 RESPONSIVE COMPANIES
11.5.3 DYNAMIC COMPANIES
11.5.4 STARTING BLOCKS
FIGURE 42 PAD-MOUNTED SWITCHGEAR MARKET: STARTUPS/SMES EVALUATION QUADRANT, 2022
11.6 COMPETITIVE BENCHMARKING
TABLE 129 PAD-MOUNTED SWITCHGEAR MARKET: LIST OF KEY STARTUPS/SMES
TABLE 130 PAD-MOUNTED SWITCHGEAR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.7 PAD-MOUNTED SWITCHGEAR MARKET: COMPANY FOOTPRINT
TABLE 131 STANDARD: COMPANY FOOTPRINT
TABLE 132 APPLICATION: COMPANY FOOTPRINT
TABLE 133 REGION: COMPANY FOOTPRINT
TABLE 134 COMPANY FOOTPRINT
11.8 COMPETITIVE SCENARIO
TABLE 135 PAD-MOUNTED SWITCHGEAR MARKET: DEALS, MAY 2020–MARCH 2023
TABLE 136 PAD-MOUNTED SWITCHGEAR MARKET: OTHERS, MAY 2020–MARCH 2023
12 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
12.1 KEY PLAYERS
12.1.1 EATON
TABLE 137 EATON: BUSINESS OVERVIEW
FIGURE 43 EATON: COMPANY SNAPSHOT
TABLE 138 EATON: PRODUCTS OFFERED
TABLE 139 EATON: DEALS
TABLE 140 EATON: OTHERS
12.1.2 HUBBELL
TABLE 141 HUBBELL: BUSINESS OVERVIEW
FIGURE 44 HUBBELL: COMPANY SNAPSHOT
TABLE 142 HUBBELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.3 ABB
TABLE 143 ABB: BUSINESS OVERVIEW
FIGURE 45 ABB: COMPANY SNAPSHOT
TABLE 144 ABB: PRODUCTS OFFERED
TABLE 145 ABB: DEALS
TABLE 146 ABB: OTHERS
12.1.4 G&W ELECTRIC
TABLE 147 G&W ELECTRIC: BUSINESS OVERVIEW
TABLE 148 G&W ELECTRIC: PRODUCTS OFFERED
TABLE 149 G&W ELECTRIC: OTHERS
12.1.5 S&C ELECTRIC
TABLE 150 S&C ELECTRIC: BUSINESS OVERVIEW
TABLE 151 S&C ELECTRIC: PRODUCTS OFFERED
TABLE 152 S&C ELECTRIC: DEALS
12.1.6 POWELL
TABLE 153 POWELL: BUSINESS OVERVIEW
FIGURE 46 POWELL: COMPANY SNAPSHOT
TABLE 154 POWELL: PRODUCTS OFFERED
12.1.7 FEDERAL PACIFIC
TABLE 155 FEDERAL PACIFIC: BUSINESS OVERVIEW
TABLE 156 FEDERAL PACIFIC: PRODUCTS OFFERED
12.1.8 ENTEC ELECTRIC & ELECTRONIC
TABLE 157 ENTEC ELECTRIC & ELECTRONIC: BUSINESS OVERVIEW
TABLE 158 ENTEC ELECTRIC & ELECTRONIC: PRODUCTS OFFERED
12.1.9 NOJA POWER
TABLE 159 NOJA POWER: BUSINESS OVERVIEW
TABLE 160 NOJA POWER: PRODUCTS OFFERED
TABLE 161 NOJA POWER: DEALS
12.1.10 TIEPCO GROUP
TABLE 162 TIEPCO GROUP: BUSINESS OVERVIEW
TABLE 163 TIEPCO GROUP: PRODUCTS OFFERED
12.1.11 GHORIT ELECTRICALS
TABLE 164 GHORIT ELECTRICALS: BUSINESS OVERVIEW
TABLE 165 GHORIT ELECTRICALS: PRODUCTS OFFERED
12.1.12 NINGBO TIANAN GROUP
TABLE 166 NINGBO TIANAN GROUP: BUSINESS OVERVIEW
TABLE 167 NINGBO TIANAN GROUP: PRODUCTS OFFERED
12.1.13 TRAYER SWITCHGEAR
TABLE 168 TRAYER SWITCHGEAR: BUSINESS OVERVIEW
TABLE 169 TRAYER SWITCHGEAR: PRODUCTS OFFERED
12.1.14 KDM STEEL
TABLE 170 KDM STEEL: BUSINESS OVERVIEW
TABLE 171 KDM STEEL: PRODUCTS OFFERED
12.1.15 SWITCHGEAR POWER SYSTEMS LLC
TABLE 172 SWITCHGEAR POWER SYSTEMS LLC: BUSINESS OVERVIEW
TABLE 173 SWITCHGEAR POWER SYSTEMS LLC: PRODUCTS OFFERED
12.1.16 PARK DETROIT
TABLE 174 PARK DETROIT: BUSINESS OVERVIEW
TABLE 175 PARK DETROIT: PRODUCTS OFFERED
12.2 OTHER PLAYERS
12.2.1 BEIJING KYLIN POWER & TECHNOLOGY
12.2.2 TELAWNE POWER EQUIPMENTS PVT. LTD.
12.2.3 ORMAZABAL
12.2.4 ACTOM
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
