Air Insulated Switchgear Market by Installation (Indoor, Outdoor), Voltage (Low, Medium, High), Application (Transmission & Distribution Utilities, Industrial, Commercial & Residential, Transportation) and Region - Global Forecast to 2029
The global market for air insulated switchgear (AIS) is on a trajectory to reach USD 85.9 billion by 2029, a notable increase from the estimated USD 67.3 billion in 2024, with a steady CAGR of 5.0% spanning the period from 2024 to 2029. The global renewable energy sector is experiencing a substantial surge, with annual additions to renewable power capacity expected to average around 305 GW per year between 2021 and 2026, marking a nearly 60% increase compared to the previous five years. This growth is propelled by continuous governmental support in more than 130 countries, aggressive net-zero goals declared by nations representing nearly 90% of global GDP, and enhanced competitiveness of wind and solar PV technologies.
Renewable energy accounts for around 22% of global power generation, according to the International Energy Agency (IEA), renewable energy capacity is expected to more than double by 2030, growing by 7,300 gigawatts (GW) under countries' current policies, partly due to the rapid growth of variable renewable energy from solar photovoltaics and wind. Renewable integration is important for reducing carbon emissions and achieving a zero-carbon future, as the International Energy Agency estimates that most of the global electricity will need to be generated using renewables.
“Outdoor segment, by installation, to be fastest growing market from 2024 to 2029.”
Outdoor air insulated switchgear is a critical component of electrical power distribution systems, primarily used in transmission and sub-transmission sectors. These switchgear are designed to operate at high voltages, typically above 36kV, and are installed in outdoor substations, power plants, or along power distribution lines. Air is used as an insulating medium, which is readily available and requires no special treatment, making it a cost-effective and low-maintenance solution for outdoor applications. However, outdoor air insulated switchgear is susceptible to environmental conditions such as dust, humidity, temperature, and vibrations, which can affect its performance and lifespan.
“Low voltage segment, by voltage, to be the second-largest market from 2024 to 2029.”
Low-voltage AIS play a critical role in safeguarding against overload currents, voltage surges, insulation breakdown, and emergency switching in residential and commercial settings, protecting electrical appliances and low-voltage machinery. They are commonly deployed in large commercial buildings, hospitals, industrial processes, refineries, and oil & gas facilities, ensuring the protection of various devices like motors and equipment.
“Europe to be second-largest region in air insulated switchgear market.”
In 2023, Europe secured the second-largest position in the AIS market, holding a share of 21.7% with a market valuation of USD 14.1 billion. The European AIS market is dissected by country, including the UK, Germany, France, Italy, Spain, and the Rest of Europe.
On February 2024, the European Commission (EU) is committed to reaching ‘net zero' CO2 emissions by 2050. The Commission aims to establish a clear carbon accounting framework for utilization of captured CO2 as a resource, which would reflect the climate benefits of using CO2 as a resource in industrial processes. This helps to boost the uptake of sustainable carbon in industrial sectors. The European Union is focusing on upgrading its aging power infrastructure to accommodate more renewable energy sources such as solar and wind. As part of this modernization, there is a shift from electromechanical systems to digital air insulated switchgear. This transition is expected to increase the demand for air insulated switchgear, given the advanced maturity of Europe’s power generation, transmission, and distribution systems. Additionally, efforts are being made to enhance interconnections that will improve power trading and overall energy efficiency across the region.
Breakdown of Primaries:
In-depth interviews with key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, were conducted to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The primary interviews were distributed as follows:
By Company Type: Tier 1-30%, Tier 2-55%, and Tier 3-15%
By Designation: C-Level-30%, D-Level-20%, and Others-50%
By Region: North America–18%, Europe–8%, Asia Pacific–10%, South America–4% and
Middle East & Africa–60%.
Note: “Others” include sales managers, engineers, and regional managers
The tiers of the companies are defined based on their total revenue as of 2021: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3:
The AIS market is predominantly governed by well-established global leaders. Notable players in the AIS market include ABB (Switzerland), Siemens (Germany), General Electric (US), Schneider Electric (France), Eaton (Ireland), Mitsubishi Electric (Japan), Toshiba (Japan), and several others.
Research Coverage:
The report provides a comprehensive definition, description, and forecast of the AIS market based on various parameters, including Installation (Indoor, Outdoor), Voltage Rating (Low, Medium, High), CuApplication (Transmission & Distribution Utilities, Industrial, Commercial & Residential, Transportation, and Others), and region (Asia Pacific, North America, Europe, Middle East and Africa, South America). The report also offers a thorough qualitative and quantitative analysis of the AIS market, encompassing a comprehensive examination of the key market drivers, limitations, opportunities, and challenges. Additionally, it covers critical facets of the market, such as an assessment of the competitive landscape, an analysis of market dynamics, value-based market estimates, and future trends in the AIS market.
Key Benefits of Buying the Report
The report is thoughtfully designed to benefit both established industry leaders and newcomers in the AIS market. It provides reliable revenue forecasts for the entire market as well as its individual sub-segments. This data is a valuable resource for stakeholders, enabling them to gain a comprehensive understanding of the competitive landscape and formulate effective market strategies for their businesses. Furthermore, the report serves as a channel for stakeholders to grasp the current state of the market, providing essential insights into market drivers, limitations, challenges, and growth opportunities. By incorporating these insights, stakeholders can make well-informed decisions and stay informed about the constantly evolving dynamics of the switchgear industry.
Renewable energy accounts for around 22% of global power generation, according to the International Energy Agency (IEA), renewable energy capacity is expected to more than double by 2030, growing by 7,300 gigawatts (GW) under countries' current policies, partly due to the rapid growth of variable renewable energy from solar photovoltaics and wind. Renewable integration is important for reducing carbon emissions and achieving a zero-carbon future, as the International Energy Agency estimates that most of the global electricity will need to be generated using renewables.
“Outdoor segment, by installation, to be fastest growing market from 2024 to 2029.”
Outdoor air insulated switchgear is a critical component of electrical power distribution systems, primarily used in transmission and sub-transmission sectors. These switchgear are designed to operate at high voltages, typically above 36kV, and are installed in outdoor substations, power plants, or along power distribution lines. Air is used as an insulating medium, which is readily available and requires no special treatment, making it a cost-effective and low-maintenance solution for outdoor applications. However, outdoor air insulated switchgear is susceptible to environmental conditions such as dust, humidity, temperature, and vibrations, which can affect its performance and lifespan.
“Low voltage segment, by voltage, to be the second-largest market from 2024 to 2029.”
Low-voltage AIS play a critical role in safeguarding against overload currents, voltage surges, insulation breakdown, and emergency switching in residential and commercial settings, protecting electrical appliances and low-voltage machinery. They are commonly deployed in large commercial buildings, hospitals, industrial processes, refineries, and oil & gas facilities, ensuring the protection of various devices like motors and equipment.
“Europe to be second-largest region in air insulated switchgear market.”
In 2023, Europe secured the second-largest position in the AIS market, holding a share of 21.7% with a market valuation of USD 14.1 billion. The European AIS market is dissected by country, including the UK, Germany, France, Italy, Spain, and the Rest of Europe.
On February 2024, the European Commission (EU) is committed to reaching ‘net zero' CO2 emissions by 2050. The Commission aims to establish a clear carbon accounting framework for utilization of captured CO2 as a resource, which would reflect the climate benefits of using CO2 as a resource in industrial processes. This helps to boost the uptake of sustainable carbon in industrial sectors. The European Union is focusing on upgrading its aging power infrastructure to accommodate more renewable energy sources such as solar and wind. As part of this modernization, there is a shift from electromechanical systems to digital air insulated switchgear. This transition is expected to increase the demand for air insulated switchgear, given the advanced maturity of Europe’s power generation, transmission, and distribution systems. Additionally, efforts are being made to enhance interconnections that will improve power trading and overall energy efficiency across the region.
Breakdown of Primaries:
In-depth interviews with key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, were conducted to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The primary interviews were distributed as follows:
By Company Type: Tier 1-30%, Tier 2-55%, and Tier 3-15%
By Designation: C-Level-30%, D-Level-20%, and Others-50%
By Region: North America–18%, Europe–8%, Asia Pacific–10%, South America–4% and
Middle East & Africa–60%.
Note: “Others” include sales managers, engineers, and regional managers
The tiers of the companies are defined based on their total revenue as of 2021: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3:
The AIS market is predominantly governed by well-established global leaders. Notable players in the AIS market include ABB (Switzerland), Siemens (Germany), General Electric (US), Schneider Electric (France), Eaton (Ireland), Mitsubishi Electric (Japan), Toshiba (Japan), and several others.
Research Coverage:
The report provides a comprehensive definition, description, and forecast of the AIS market based on various parameters, including Installation (Indoor, Outdoor), Voltage Rating (Low, Medium, High), CuApplication (Transmission & Distribution Utilities, Industrial, Commercial & Residential, Transportation, and Others), and region (Asia Pacific, North America, Europe, Middle East and Africa, South America). The report also offers a thorough qualitative and quantitative analysis of the AIS market, encompassing a comprehensive examination of the key market drivers, limitations, opportunities, and challenges. Additionally, it covers critical facets of the market, such as an assessment of the competitive landscape, an analysis of market dynamics, value-based market estimates, and future trends in the AIS market.
Key Benefits of Buying the Report
The report is thoughtfully designed to benefit both established industry leaders and newcomers in the AIS market. It provides reliable revenue forecasts for the entire market as well as its individual sub-segments. This data is a valuable resource for stakeholders, enabling them to gain a comprehensive understanding of the competitive landscape and formulate effective market strategies for their businesses. Furthermore, the report serves as a channel for stakeholders to grasp the current state of the market, providing essential insights into market drivers, limitations, challenges, and growth opportunities. By incorporating these insights, stakeholders can make well-informed decisions and stay informed about the constantly evolving dynamics of the switchgear industry.
- Analysis of key drivers: (modernization of power distribution infrastructure worldwide, rapid growth in renewable energy-based capacity expansion), restraints (Challenges of Spacing Requirements in Air Insulated Switchgear), opportunities (High capabilities of handling high voltages of HVDC system, Air-Insulated Switchgear Adoption in Infrastructure Development), and challenges (Operational Hurdles in High-Voltage Air Insulated Switchgear Systems, Intense competition from unorganized sector) influencing the growth of the AIS market.
- Product Development/ Innovation: The AIS market is in a constant state of evolution, with a primary focus on product development and innovation. Leading industry players like ABB, Siemens, Schneider Electric, and General Electric are at the forefront of advancing their product offerings to address shifting demands and environmental considerations. There is a notable shift towards enhancing the intelligence of AIS.
- Market Development: The AIS market is experiencing significant growth and development driven by various factors. the growing demand for integrating renewable energy sources is driving the expansion of the HVDC market, consequently increasing the demand for AIS. With wind and solar energy sources becoming more widespread, there is a growing need for efficient and reliable power transmission systems. HVDC systems offer a suitable solution by efficiently transmitting large amounts of power over long distances with minimal energy losses, thereby facilitating the integration of renewable energy sources into the grid. Additionally, the development of innovative technologies such as hybrid switchgear, which combines the strengths of AIS and GIS (Gas Insulated Switchgear), is expected to drive the expansion of the AIS market. Hybrid switchgear combines the advantages of both AIS and GIS, including increased reliability, modular substation design, space efficiency, improved performance, easy installation, and reduced switching components. This technological advancement is particularly significant in renewable energy applications, where space utilization and reliability are critical factors.
- Market Diversification: The AIS market is experiencing significant diversification, driven by a multitude of factors. The increasing focus on renewable energy sources and the modernization of power distribution systems also present opportunities for AIS in the infrastructure development industry. The aging grid infrastructure and the need for upgrades, replacements, or augmentations of existing, aging substations highlight the need for many new substations, where AIS is expected to represent a significant portion of these new substations.
- Competitive Assessment: A comprehensive evaluation has been conducted to scrutinize the market presence, growth strategies, and service offerings of key players in the AIS market. These prominent companies include Eaton (Ireland), ABB (Switzerland), Schneider Electric (France), Siemens (Germany), General Electric (US), and others. This analysis provides in-depth insights into the competitive positions of these major players, their approaches to driving market growth, and the range of services they offer within the AIS segment.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 AIR-INSULATED SWITCHGEAR MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.3.4 INCLUSIONS AND EXCLUSIONS
1.3.4.1 Air-insulated switchgear market: by installation
1.3.4.2 Air-insulated switchgear market: by voltage
1.3.4.3 Air-insulated switchgear market: by application
1.3.4.4 Air-insulated switchgear market: by region
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 AIR- INSULATED SWITCHGEAR MARKET: RESEARCH DESIGN
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 3 DATA TRIANGULATION
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.1.2 List of major secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Breakdown of primaries
2.2.2.2 Key data from primary sources
FIGURE 4 BREAKDOWN OF PRIMARIES: BY COMPANY TYPE, DESIGNATION, AND REGION
FIGURE 5 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR AIS SOLUTIONS
2.2.2.3 List of key participants in primary interviews
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3.3 DEMAND-SIDE ANALYSIS
2.3.3.1 Regional analysis
FIGURE 8 REGIONAL ANALYSIS (DEMAND SIDE)
2.3.3.2 Country-level analysis
2.3.3.3 Demand-side assumptions
2.3.3.4 Demand-side calculations
2.3.4 SUPPLY-SIDE ANALYSIS
FIGURE 9 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF AIS SYSTEMS
FIGURE 10 AIR-INSULATED SWITCHGEAR MARKET: SUPPLY-SIDE ANALYSIS
2.3.4.1 Supply-side assumptions
2.3.4.2 Supply-side calculations
2.3.5 FORECAST
2.3.5.1 Impact of recession on air-insulated switchgear market
2.3.5.2 Research assumptions
3 EXECUTIVE SUMMARY
TABLE 1 AIR-INSULATED SWITCHGEAR MARKET SNAPSHOT
FIGURE 11 ASIA PACIFIC DOMINATED AIR-INSULATED SWITCHGEAR MARKET IN 2023
FIGURE 12 INDOOR SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE THAN OUTDOOR SEGMENT THROUGHOUT FORECAST PERIOD
FIGURE 13 HIGH-VOLTAGE AIS SOLUTIONS TO CAPTURE LARGEST MARKET SHARE IN 2029
FIGURE 14 TRANSMISSION & DISTRIBUTION APPLICATIONS TO LEAD MARKET THROUGHOUT FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AIR-INSULATED SWITCHGEAR MARKET
FIGURE 15 ENHANCEMENT IN POWER DISTRIBUTION INFRASTRUCTURE WORLDWIDE TO DRIVE MARKET
4.2 AIR-INSULATED SWITCHGEAR MARKET, BY REGION
FIGURE 16 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
4.3 AIR-INSULATED SWITCHGEAR MARKET IN ASIA PACIFIC, BY APPLICATION AND COUNTRY
FIGURE 17 TRANSMISSION & DISTRIBUTION APPLICATION AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC MARKET IN 2023
4.4 AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION
FIGURE 18 INDOOR SEGMENT TO DOMINATE MARKET IN 2029
4.5 AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE
FIGURE 19 HIGH-VOLTAGE AIS SOLUTIONS TO CAPTURE LARGEST MARKET SHARE IN 2029
4.6 AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION
FIGURE 20 TRANSMISSION & DISTRIBUTION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 AIR-INSULATED SWITCHGEAR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Modernization of power distribution infrastructure
FIGURE 22 GLOBAL ELECTRICITY CONSUMPTION, BY COUNTRY, 2022 (TWH)
5.2.1.2 Expanding renewable energy industry
FIGURE 23 GLOBAL RENEWABLE ENERGY CAPACITY, 2010–2022 (GW)
5.2.2 RESTRAINTS
5.2.2.1 Larger size than other switchgear types
5.2.3 OPPORTUNITIES
5.2.3.1 Growing demand for high-voltage direct current (HVDC) systems and development of hybrid switchgear
5.2.3.2 Rising adoption of AIS in infrastructure sector
5.2.4 CHALLENGES
5.2.4.1 Operational challenges associated with high-voltage AIS
5.2.4.2 Intense competition from unorganized sector
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 24 TRENDS/DISRUPTIONS INFLUENCING CUSTOMERS’ BUSINESSES
5.4 PRICING ANALYSIS
5.4.1 INDICATIVE PRICING ANALYSIS, BY VOLTAGE
TABLE 2 INDICATIVE PRICING TREND OF AIS SOLUTION, BY VOLTAGE, 2023 (USD/UNIT)
5.4.2 AVERAGE SELLING PRICE TREND, BY REGION
TABLE 3 AVERAGE SELLING PRICE TREND OF AIS SOLUTION, BY REGION, 2020–2023 (USD/UNIT)
FIGURE 25 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 (USD/UNIT)
5.5 VALUE CHAIN ANALYSIS
FIGURE 26 AIR-INSULATED SWITCHGEAR MARKET: VALUE CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
TABLE 4 ROLES OF COMPANIES IN AIR-INSULATED SWITCHGEAR ECOSYSTEM
5.7 INVESTMENT AND FUNDING SCENARIO
FIGURE 27 INVESTMENT AND FUNDING SCENARIO FOR TOP THREE PLAYERS, 2020–2023
TABLE 5 EATON CORPORATION: FUNDING DETAILS
TABLE 6 SIEMENS: FUNDING DETAILS
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGY
5.8.1.1 Integration of Internet of Things (IoT) and circuit breakers
5.8.2 COMPLEMENTARY TECHNOLOGY
5.8.2.1 Incorporation of surge arresters
5.9 PATENT ANALYSIS
FIGURE 28 AIR-INSULATED SWITCHGEAR MARKET: PATENTS APPLIED AND GRANTED, 2013–2023
TABLE 7 AIR-INSULATED SWITCHGEAR MARKET: LIST OF MAJOR PATENTS, 2021–2024
5.10 TRADE ANALYSIS
5.10.1 EXPORT SCENARIO (HS CODE 8537)
TABLE 8 EXPORT DATA FOR HS CODE 8537-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND)
FIGURE 29 EXPORT DATA FOR HS CODE 8537-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD THOUSAND)
5.10.2 IMPORT SCENARIO (HS CODE 8537)
TABLE 9 IMPORT DATA FOR HS CODE 8537-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND)
FIGURE 30 IMPORT DATA FOR HS CODE 8537-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD THOUSAND)
5.11 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 10 AIR-INSULATED SWITCHGEAR MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025
5.12 TARIFF AND REGULATORY LANDSCAPE
5.12.1 TARIFF ANALYSIS (HS CODE 8535- AND 8536-COMPLIANT PRODUCTS)
TABLE 11 IMPORT TARIFF RELATED TO HS CODE 8535-COMPLIANT PRODUCTS, 2022 (%)
TABLE 12 IMPORT TARIFF RELATED TO HS CODE 8536-COMPLIANT PRODUCTS, 2022 (%)
5.12.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
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 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12.3 STANDARDS
TABLE 17 AIR-INSULATED SWITCHGEAR: STANDARDS
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 31 AIR-INSULATED SWITCHGEAR MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 18 AIR-INSULATED SWITCHGEAR MARKET: PORTER’S FIVE FORCES ANALYSIS
5.13.1 THREAT OF SUBSTITUTES
5.13.2 BARGAINING POWER OF SUPPLIERS
5.13.3 BARGAINING POWER OF BUYERS
5.13.4 THREAT OF NEW ENTRANTS
5.13.5 INTENSITY OF COMPETITIVE RIVALRY
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 32 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 19 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
5.14.2 BUYING CRITERIA
FIGURE 33 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 20 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.15 CASE STUDY ANALYSIS
5.15.1 MIDWEST MUNICIPAL UTILITY ENHANCED DISTRIBUTION SYSTEM’S SAFETY AND RELIABILITY USING ABB’S ELASTIMOLD SOLID-DIELECTRIC SWITCHGEAR
5.15.2 BECKENRIED MUNICIPAL UTILITY ENHANCED SERVICES BY USING EATON’S SF6-FREE XIRIA E-SWITCHGEAR SYSTEM
5.15.3 GAASPERDAMMER TUNNEL PROJECT ACHIEVED SUSTAINABILITY BY IMPLEMENTING SWITCHGEAR
6 AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE
6.1 INTRODUCTION
FIGURE 34 AIR-INSULATED SWITCHGEAR MARKET SHARE, IN TERMS OF VALUE, BY VOLTAGE, 2023
TABLE 21 AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 22 AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029 (USD BILLION)
6.2 LOW
6.2.1 NEED TO SAFEGUARD ELECTRICAL DEVICES AND MACHINERY FROM OVERLOAD CURRENTS AND VOLTAGE SURGES TO DRIVE MARKET
TABLE 23 LOW: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 24 LOW: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
6.3 MEDIUM
6.3.1 TRANSITION OF RAILWAY INDUSTRY FROM DIESEL-ELECTRIC TO ELECTRIC OR BATTERY-ELECTRIC LOCOMOTIVES TO CREATE OPPORTUNITIES
TABLE 25 MEDIUM: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 26 MEDIUM: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4 HIGH
6.4.1 GROWING INTEGRATION OF RENEWABLE SOURCES INTO GRIDS TO FUEL MARKET GROWTH
TABLE 27 HIGH: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 28 HIGH: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
7 AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION
7.1 INTRODUCTION
FIGURE 35 AIR-INSULATED SWITCHGEAR MARKET SHARE, IN TERMS OF VALUE, BY INSTALLATION, 2023
TABLE 29 AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 30 AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
7.2 INDOOR
7.2.1 GREATER PROTECTION OFFERED AGAINST ENVIRONMENTAL CONTAMINANTS TO BOOST SEGMENTAL GROWTH
TABLE 31 INDOOR: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 32 INDOOR: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
7.3 OUTDOOR
7.3.1 INCREASING NEED FOR HIGH-LOAD, LONG-TRANSMISSION CAPABILITIES TO FUEL SEGMENTAL GROWTH
TABLE 33 OUTDOOR: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 34 OUTDOOR: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
8 AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 36 AIR-INSULATED SWITCHGEAR MARKET SHARE, IN TERMS OF VALUE, BY APPLICATION, 2023
TABLE 35 AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 36 AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
8.2 TRANSMISSION & DISTRIBUTION
8.2.1 RISING FOCUS OF UTILITIES AND GRID OPERATORS ON ENHANCING RELIABILITY AND SUSTAINABILITY OF T&D NETWORKS TO BOOST DEMAND
TABLE 37 TRANSMISSION & DISTRIBUTION: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 38 TRANSMISSION & DISTRIBUTION: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
8.3 INDUSTRIAL
8.3.1 INCREASING ADOPTION OF AUTOMATION AND DIGITALIZATION IN INDUSTRIAL PROCESSES TO ACCELERATE MARKET GROWTH
TABLE 39 INDUSTRIAL: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 40 INDUSTRIAL: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
8.4 COMMERCIAL & RESIDENTIAL
8.4.1 RAPID URBANIZATION AND INCREASING USE OF RENEWABLE ENERGY IN COMMERCIAL AND RESIDENTIAL BUILDINGS TO SUPPORT MARKET GROWTH
TABLE 41 COMMERCIAL & RESIDENTIAL: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 42 COMMERCIAL & RESIDENTIAL: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
8.5 TRANSPORTATION
8.5.1 STRINGENT ENVIRONMENTAL REGULATIONS AND SUSTAINABILITY GOALS TO FUEL MARKET GROWTH
TABLE 43 TRANSPORTATION: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 44 TRANSPORTATION: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
8.6 OTHERS
TABLE 45 OTHERS: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 46 OTHERS: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
9 AIR-INSULATED SWITCHGEAR MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 37 AIR-INSULATED SWITCHGEAR MARKET SHARE, IN TERMS OF VALUE, BY REGION, 2023
FIGURE 38 ASIA PACIFIC TO RECORD HIGHEST CAGR IN AIR-INSULATED SWITCHGEAR MARKET DURING FORECAST PERIOD
TABLE 47 AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 48 AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
TABLE 49 AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 50 AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (UNITS)
9.2 ASIA PACIFIC
9.2.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 39 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET SNAPSHOT
TABLE 51 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 52 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
TABLE 53 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 54 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029 (USD BILLION)
TABLE 55 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 56 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
TABLE 57 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 58 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.2.2 CHINA
9.2.2.1 Rising focus on carbon footprint reduction to boost demand
TABLE 59 CHINA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 60 CHINA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.2.3 INDIA
9.2.3.1 Increasing electrification to drive market
TABLE 61 INDIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 62 INDIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.2.4 JAPAN
9.2.4.1 Growing need to upgrade aging power infrastructure to create demand
TABLE 63 JAPAN: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 64 JAPAN: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.2.5 AUSTRALIA
9.2.5.1 Railway electrification initiatives to propel market growth
TABLE 65 AUSTRALIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 66 AUSTRALIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.2.6 REST OF ASIA PACIFIC
TABLE 67 REST OF ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 68 REST OF ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3 EUROPE
9.3.1 EUROPE: RECESSION IMPACT
FIGURE 40 EUROPE: AIR-INSULATED SWITCHGEAR MARKET SNAPSHOT
TABLE 69 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 70 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
TABLE 71 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 72 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029 (USD BILLION)
TABLE 73 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 74 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
TABLE 75 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 76 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.3.2 GERMANY
9.3.2.1 Increasing emphasis on enhancing energy efficiency and expanding grid infrastructure to drive market
TABLE 77 GERMANY: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 78 GERMANY: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3.3 UK
9.3.3.1 Surging need for electricity due to urbanization, transportation, and industrialization to escalate demand
TABLE 79 UK: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 80 UK: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3.4 ITALY
9.3.4.1 Focus on curtailing carbon emissions and shifting toward cleaner energy to drive market
TABLE 81 ITALY: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 82 ITALY: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3.5 FRANCE
9.3.5.1 Rising emphasis on renewable energy capacity expansion to create opportunities for market players
TABLE 83 FRANCE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 84 FRANCE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3.6 SPAIN
9.3.6.1 Electricity transmission grid projects to boost demand
TABLE 85 SPAIN: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 86 SPAIN: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3.7 REST OF EUROPE
TABLE 87 REST OF EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 88 REST OF EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.4 NORTH AMERICA
9.4.1 NORTH AMERICA: RECESSION IMPACT
TABLE 89 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 90 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
TABLE 91 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 92 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029(USD BILLION)
TABLE 93 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 94 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
TABLE 95 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 96 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.4.2 US
9.4.2.1 Proliferation of EVs and grid-interactive buildings to surge demand
TABLE 97 US: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 98 US: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.4.3 CANADA
9.4.3.1 Growing efforts to prioritize low-emission power generation to contribute to market growth
TABLE 99 CANADA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 100 CANADA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.4.4 MEXICO
9.4.4.1 Rising investment in power infrastructure development to foster market growth
TABLE 101 MEXICO: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 102 MEXICO: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.5 MIDDLE EAST & AFRICA
9.5.1 MIDDLE EAST & AFRICA: RECESSION IMPACT
TABLE 103 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 104 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
TABLE 105 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 106 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029 (USD BILLION)
TABLE 107 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 108 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
TABLE 109 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 110 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 111 AIR-INSULATED SWITCHGEAR MARKET, BY GCC COUNTRY, 2020–2023 (USD BILLION)
TABLE 112 AIR-INSULATED SWITCHGEAR MARKET, BY GCC COUNTRY, 2024–2029 (USD BILLION)
9.5.2 GULF COOPERATION COUNCIL (GCC) COUNTRIES
9.5.2.1 Saudi Arabia
9.5.2.1.1 Increasing use of renewables to generate power to accelerate market growth
TABLE 113 SAUDI ARABIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 114 SAUDI ARABIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.5.2.2 UAE
9.5.2.2.1 Growing demand for electricity to create lucrative opportunities for market players
TABLE 115 UAE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 116 UAE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.5.2.3 Rest of GCC countries
TABLE 117 REST OF GCC COUNTRIES: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 118 REST OF GCC COUNTRIES: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.5.3 SOUTH AFRICA
9.5.3.1 Pressing need to upgrade aging power infrastructure to stimulate market growth
TABLE 119 SOUTH AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 120 SOUTH AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.5.4 REST OF MIDDLE EAST & AFRICA
TABLE 121 REST OF MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 122 REST OF MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.6 SOUTH AMERICA
9.6.1 SOUTH AMERICA: RECESSION IMPACT
TABLE 123 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 124 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
TABLE 125 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 126 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029 (USD BILLION)
TABLE 127 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 128 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
TABLE 129 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 130 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.6.2 BRAZIL
9.6.2.1 Increasing number of electrification projects to boost demand
TABLE 131 BRAZIL: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 132 BRAZIL: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.6.3 ARGENTINA
9.6.3.1 Government initiatives promoting adoption of renewable energy to support market growth
TABLE 133 ARGENTINA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 134 ARGENTINA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.6.4 REST OF SOUTH AMERICA
TABLE 135 REST OF SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 136 REST OF SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023
TABLE 137 AIR-INSULATED SWITCHGEAR MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY MAJOR PLAYERS, 2020–2023
10.3 MARKET SHARE ANALYSIS, 2023
TABLE 138 AIR-INSULATED SWITCHGEAR MARKET: DEGREE OF COMPETITION, 2023
FIGURE 41 AIR-INSULATED SWITCHGEAR MARKET SHARE ANALYSIS, 2023
10.4 REVENUE ANALYSIS, 2019–2023
FIGURE 42 AIR-INSULATED SWITCHGEAR MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023
10.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
FIGURE 43 AIR-INSULATED SWITCHGEAR MARKET: EV/EBITDA, 2024
FIGURE 44 AIR-INSULATED SWITCHGEAR MARKET: COMPANY VALUATION, 2024
10.6 BRAND/PRODUCT COMPARISON
FIGURE 45 AIR-INSULATED SWITCHGEAR MARKET: BRAND/PRODUCT COMPARISON
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.7.1 STARS
10.7.2 EMERGING LEADERS
10.7.3 PERVASIVE PLAYERS
10.7.4 PARTICIPANTS
FIGURE 46 AIR-INSULATED SWITCHGEAR MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
10.7.5.1 Company footprint
FIGURE 47 AIR-INSULATED SWITCHGEAR MARKET: COMPANY FOOTPRINT
10.7.5.2 Voltage footprint
TABLE 139 AIR-INSULATED SWITCHGEAR MARKET: VOLTAGE FOOTPRINT
10.7.5.3 Application footprint
TABLE 140 AIR-INSULATED SWITCHGEAR MARKET: APPLICATION FOOTPRINT
10.7.5.4 Installation footprint
TABLE 141 AIR-INSULATED SWITCHGEAR MARKET: INSTALLATION FOOTPRINT
10.7.5.5 Region footprint
TABLE 142 AIR-INSULATED SWITCHGEAR MARKET: REGION FOOTPRINT
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
10.8.1 PROGRESSIVE COMPANIES
10.8.2 RESPONSIVE COMPANIES
10.8.3 DYNAMIC COMPANIES
10.8.4 STARTING BLOCKS
FIGURE 48 AIR-INSULATED SWITCHGEAR MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
10.8.5.1 Detailed list of key startups/SMEs
TABLE 143 AIR-INSULATED SWITCHGEAR MARKET: LIST OF KEY STARTUPS/SMES
10.8.5.2 Competitive benchmarking of key startups/SMEs
TABLE 144 AIR-INSULATED SWITCHGEAR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
10.9 COMPETITIVE SCENARIO AND TRENDS
10.9.1 DEALS
TABLE 145 AIR-INSULATED SWITCHGEAR MARKET: DEALS, JULY 2021–APRIL 2023
10.9.2 OTHERS
TABLE 146 AIR-INSULATED SWITCHGEAR MARKET: OTHERS, JULY 2021–APRIL 2023
11 COMPANY PROFILES
(Business overview, Products offered, Recent developments & MnM View)*
11.1 KEY PLAYERS
11.1.1 ABB
TABLE 147 ABB: COMPANY OVERVIEW
FIGURE 49 ABB: COMPANY SNAPSHOT
TABLE 148 ABB: PRODUCTS OFFERED
TABLE 149 ABB: DEALS
11.1.2 SCHNEIDER ELECTRIC
TABLE 150 SCHNIEDER ELECTRIC: COMPANY OVERVIEW
FIGURE 50 SCHNIEDER ELECTRIC: COMPANY SNAPSHOT
TABLE 151 SCHNIEDER ELECTRIC: PRODUCTS OFFERED
TABLE 152 SCHNEIDER ELECTRIC: DEALS
11.1.3 SIEMENS ENERGY
TABLE 153 SIEMENS ENERGY: COMPANY OVERVIEW
FIGURE 51 SIEMENS ENERGY: COMPANY SNAPSHOT
TABLE 154 SIEMENS: PRODUCTS OFFERED
TABLE 155 SIEMENS ENERGY: EXPANSIONS
TABLE 156 SIEMENS ENERGY: DEALS
11.1.4 EATON
TABLE 157 EATON: COMPANY OVERVIEW
FIGURE 52 EATON: COMPANY SNAPSHOT
TABLE 158 EATON: PRODUCTS OFFERED
TABLE 159 EATON: DEALS
11.1.5 GE GRID SOLUTIONS
TABLE 160 GE GRID SOLUTIONS: COMPANY OVERVIEW
FIGURE 53 GE GRID SOLUTIONS: COMPANY SNAPSHOT
TABLE 161 GE GRID SOLUTIONS: PRODUCTS OFFERED
TABLE 162 GE GRID SOLUTIONS: DEALS
TABLE 163 GE GRID SOLUTIONS: OTHERS
11.1.6 LARSEN & TOUBRO
TABLE 164 LARSEN & TOUBRO: COMPANY OVERVIEW
FIGURE 54 LARSEN & TOUBRO: COMPANY SNAPSHOT
TABLE 165 LARSEN & TOUBRO: PRODUCTS OFFERED
TABLE 166 LARSEN & TOUBRO: OTHERS
11.1.7 TOSHIBA INFRASTRUCTURE SYSTEMS AND CORPORATION
TABLE 167 TOSHIBA INFRASTRUCTURE SYSTEMS AND CORPORATION: COMPANY OVERVIEW
FIGURE 55 TOSHIBA INFRASTRUCTURE SYSTEMS AND CORPORATION: COMPANY SNAPSHOT
TABLE 168 TOSHIBA INFRASTRUCTURE SYSTEMS AND CORPORATION: PRODUCTS OFFERED
TABLE 169 TOSHIBA INFRASTRUCTURE & SOLUTIONS CORPORATION: OTHERS
11.1.8 CG POWER AND INDUSTRIAL SOLUTIONS LTD.
TABLE 170 CG POWER AND INDUSTRIAL SOLUTIONS LTD.: COMPANY OVERVIEW
FIGURE 56 CG POWER AND INDUSTRIAL SOLUTIONS LTD.: COMPANY SNAPSHOT
TABLE 171 CG POWER AND INDUSTRIAL SOLUTIONS LTD.: PRODUCTS OFFERED
11.1.9 ELATEC POWER DISTRIBUTION
TABLE 172 ELATEC POWER DISTRIBUTION: COMPANY OVERVIEW
TABLE 173 ELATEC POWER DISTRIBUTION: PRODUCTS OFFERED
11.1.10 JST POWER EQUIPMENT, INC.
TABLE 174 JST POWER EQUIPMENT, INC.: COMPANY OVERVIEW
TABLE 175 JST POWER EQUIPMENT, INC.: PRODUCTS OFFERED
11.1.11 EPE MALAYSIA
TABLE 176 EPE MALAYSIA: COMPANY OVERVIEW
TABLE 177 EPE MALAYSIA: PRODUCTS OFFERED
11.1.12 ALFANAR GROUP
TABLE 178 ALFANAR GROUP: COMPANY OVERVIEW
TABLE 179 ALFANAR GROUP: PRODUCTS OFFERED
TABLE 180 ALFANAR GROUP: DEALS
11.1.13 EFACEC
TABLE 181 EFACEC: COMPANY OVERVIEW
FIGURE 57 EFACEC: COMPANY SNAPSHOT
TABLE 182 EFACEC: PRODUCTS OFFERED
TABLE 183 EFACEC: OTHERS
11.1.14 HITACHI ENERGY LTD.
TABLE 184 HITACHI ENERGY LTD.: COMPANY OVERVIEW
FIGURE 58 HITACHI ENERGY LTD.: COMPANY SNAPSHOT
TABLE 185 HITACHI ENERGY LTD.: PRODUCTS OFFERED
TABLE 186 HITACHI ENERGY LTD.: DEALS
TABLE 187 HITACHI ENERGY LTD.: EXPANSIONS
TABLE 188 HITACHI ENERGY LTD.: OTHERS
11.1.15 MITSUBISHI ELECTRIC CORPORATION
TABLE 189 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
FIGURE 59 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 190 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS OFFERED
TABLE 191 MITSUBISHI ELECTRIC CORPORATION: DEALS
TABLE 192 MITSUBISHI ELECTRIC CORPORATION: OTHERS
11.1.16 HUBBELL
TABLE 193 HUBBELL: COMPANY OVERVIEW
FIGURE 60 HUBBELL: COMPANY SNAPSHOT
TABLE 194 HUBBELL: PRODUCTS OFFERED
TABLE 195 HUBBELL: DEALS
11.1.17 SWITCHGEAR COMPANY
TABLE 196 SWITCHGEAR COMPANY: COMPANY OVERVIEW
TABLE 197 SWITCHGEAR COMPANY: PRODUCTS OFFERED
11.1.18 S&C ELECTRIC
TABLE 198 S&C ELECTRIC COMPANY: COMPANY OVERVIEW
TABLE 199 S&C ELECTRIC COMPANY: PRODUCTS OFFERED
TABLE 200 S&C ELECTRIC COMPANY: DEALS
TABLE 201 S&C ELECTRIC COMPANY: EXPANSIONS
11.1.19 TAVRIDA ELECTRIC
TABLE 202 TAVRIDA ELECTRIC: COMPANY OVERVIEW
TABLE 203 TAVRIDA ELECTRIC: PRODUCTS OFFERED
11.1.20 ORECCO
TABLE 204 ORECCO: COMPANY OVERVIEW
TABLE 205 ORECCO: PRODUCTS OFFERED
11.1.21 MEDELEC
TABLE 206 MEDELEC: COMPANY OVERVIEW
TABLE 207 MEDELEC: PRODUCTS OFFERED
TABLE 208 MEDELEC COMPANY: OTHERS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
11.2 OTHER PLAYERS
11.2.1 ELECTRO-MECHANICAL, LLC
11.2.2 DRIESCHER
11.2.3 TERASAKI ELECTRIC CO., LTD.
11.2.4 RADIANT ENTERPRISES
11.2.5 AL HAMAD INDUSTRIES INT’L F.Z.E.
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 AIR-INSULATED SWITCHGEAR MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.3.4 INCLUSIONS AND EXCLUSIONS
1.3.4.1 Air-insulated switchgear market: by installation
1.3.4.2 Air-insulated switchgear market: by voltage
1.3.4.3 Air-insulated switchgear market: by application
1.3.4.4 Air-insulated switchgear market: by region
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 AIR- INSULATED SWITCHGEAR MARKET: RESEARCH DESIGN
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 3 DATA TRIANGULATION
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.1.2 List of major secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Breakdown of primaries
2.2.2.2 Key data from primary sources
FIGURE 4 BREAKDOWN OF PRIMARIES: BY COMPANY TYPE, DESIGNATION, AND REGION
FIGURE 5 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR AIS SOLUTIONS
2.2.2.3 List of key participants in primary interviews
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3.3 DEMAND-SIDE ANALYSIS
2.3.3.1 Regional analysis
FIGURE 8 REGIONAL ANALYSIS (DEMAND SIDE)
2.3.3.2 Country-level analysis
2.3.3.3 Demand-side assumptions
2.3.3.4 Demand-side calculations
2.3.4 SUPPLY-SIDE ANALYSIS
FIGURE 9 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF AIS SYSTEMS
FIGURE 10 AIR-INSULATED SWITCHGEAR MARKET: SUPPLY-SIDE ANALYSIS
2.3.4.1 Supply-side assumptions
2.3.4.2 Supply-side calculations
2.3.5 FORECAST
2.3.5.1 Impact of recession on air-insulated switchgear market
2.3.5.2 Research assumptions
3 EXECUTIVE SUMMARY
TABLE 1 AIR-INSULATED SWITCHGEAR MARKET SNAPSHOT
FIGURE 11 ASIA PACIFIC DOMINATED AIR-INSULATED SWITCHGEAR MARKET IN 2023
FIGURE 12 INDOOR SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE THAN OUTDOOR SEGMENT THROUGHOUT FORECAST PERIOD
FIGURE 13 HIGH-VOLTAGE AIS SOLUTIONS TO CAPTURE LARGEST MARKET SHARE IN 2029
FIGURE 14 TRANSMISSION & DISTRIBUTION APPLICATIONS TO LEAD MARKET THROUGHOUT FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AIR-INSULATED SWITCHGEAR MARKET
FIGURE 15 ENHANCEMENT IN POWER DISTRIBUTION INFRASTRUCTURE WORLDWIDE TO DRIVE MARKET
4.2 AIR-INSULATED SWITCHGEAR MARKET, BY REGION
FIGURE 16 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
4.3 AIR-INSULATED SWITCHGEAR MARKET IN ASIA PACIFIC, BY APPLICATION AND COUNTRY
FIGURE 17 TRANSMISSION & DISTRIBUTION APPLICATION AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC MARKET IN 2023
4.4 AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION
FIGURE 18 INDOOR SEGMENT TO DOMINATE MARKET IN 2029
4.5 AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE
FIGURE 19 HIGH-VOLTAGE AIS SOLUTIONS TO CAPTURE LARGEST MARKET SHARE IN 2029
4.6 AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION
FIGURE 20 TRANSMISSION & DISTRIBUTION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 AIR-INSULATED SWITCHGEAR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Modernization of power distribution infrastructure
FIGURE 22 GLOBAL ELECTRICITY CONSUMPTION, BY COUNTRY, 2022 (TWH)
5.2.1.2 Expanding renewable energy industry
FIGURE 23 GLOBAL RENEWABLE ENERGY CAPACITY, 2010–2022 (GW)
5.2.2 RESTRAINTS
5.2.2.1 Larger size than other switchgear types
5.2.3 OPPORTUNITIES
5.2.3.1 Growing demand for high-voltage direct current (HVDC) systems and development of hybrid switchgear
5.2.3.2 Rising adoption of AIS in infrastructure sector
5.2.4 CHALLENGES
5.2.4.1 Operational challenges associated with high-voltage AIS
5.2.4.2 Intense competition from unorganized sector
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 24 TRENDS/DISRUPTIONS INFLUENCING CUSTOMERS’ BUSINESSES
5.4 PRICING ANALYSIS
5.4.1 INDICATIVE PRICING ANALYSIS, BY VOLTAGE
TABLE 2 INDICATIVE PRICING TREND OF AIS SOLUTION, BY VOLTAGE, 2023 (USD/UNIT)
5.4.2 AVERAGE SELLING PRICE TREND, BY REGION
TABLE 3 AVERAGE SELLING PRICE TREND OF AIS SOLUTION, BY REGION, 2020–2023 (USD/UNIT)
FIGURE 25 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 (USD/UNIT)
5.5 VALUE CHAIN ANALYSIS
FIGURE 26 AIR-INSULATED SWITCHGEAR MARKET: VALUE CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
TABLE 4 ROLES OF COMPANIES IN AIR-INSULATED SWITCHGEAR ECOSYSTEM
5.7 INVESTMENT AND FUNDING SCENARIO
FIGURE 27 INVESTMENT AND FUNDING SCENARIO FOR TOP THREE PLAYERS, 2020–2023
TABLE 5 EATON CORPORATION: FUNDING DETAILS
TABLE 6 SIEMENS: FUNDING DETAILS
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGY
5.8.1.1 Integration of Internet of Things (IoT) and circuit breakers
5.8.2 COMPLEMENTARY TECHNOLOGY
5.8.2.1 Incorporation of surge arresters
5.9 PATENT ANALYSIS
FIGURE 28 AIR-INSULATED SWITCHGEAR MARKET: PATENTS APPLIED AND GRANTED, 2013–2023
TABLE 7 AIR-INSULATED SWITCHGEAR MARKET: LIST OF MAJOR PATENTS, 2021–2024
5.10 TRADE ANALYSIS
5.10.1 EXPORT SCENARIO (HS CODE 8537)
TABLE 8 EXPORT DATA FOR HS CODE 8537-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND)
FIGURE 29 EXPORT DATA FOR HS CODE 8537-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD THOUSAND)
5.10.2 IMPORT SCENARIO (HS CODE 8537)
TABLE 9 IMPORT DATA FOR HS CODE 8537-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND)
FIGURE 30 IMPORT DATA FOR HS CODE 8537-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD THOUSAND)
5.11 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 10 AIR-INSULATED SWITCHGEAR MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025
5.12 TARIFF AND REGULATORY LANDSCAPE
5.12.1 TARIFF ANALYSIS (HS CODE 8535- AND 8536-COMPLIANT PRODUCTS)
TABLE 11 IMPORT TARIFF RELATED TO HS CODE 8535-COMPLIANT PRODUCTS, 2022 (%)
TABLE 12 IMPORT TARIFF RELATED TO HS CODE 8536-COMPLIANT PRODUCTS, 2022 (%)
5.12.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
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 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12.3 STANDARDS
TABLE 17 AIR-INSULATED SWITCHGEAR: STANDARDS
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 31 AIR-INSULATED SWITCHGEAR MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 18 AIR-INSULATED SWITCHGEAR MARKET: PORTER’S FIVE FORCES ANALYSIS
5.13.1 THREAT OF SUBSTITUTES
5.13.2 BARGAINING POWER OF SUPPLIERS
5.13.3 BARGAINING POWER OF BUYERS
5.13.4 THREAT OF NEW ENTRANTS
5.13.5 INTENSITY OF COMPETITIVE RIVALRY
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 32 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 19 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
5.14.2 BUYING CRITERIA
FIGURE 33 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 20 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.15 CASE STUDY ANALYSIS
5.15.1 MIDWEST MUNICIPAL UTILITY ENHANCED DISTRIBUTION SYSTEM’S SAFETY AND RELIABILITY USING ABB’S ELASTIMOLD SOLID-DIELECTRIC SWITCHGEAR
5.15.2 BECKENRIED MUNICIPAL UTILITY ENHANCED SERVICES BY USING EATON’S SF6-FREE XIRIA E-SWITCHGEAR SYSTEM
5.15.3 GAASPERDAMMER TUNNEL PROJECT ACHIEVED SUSTAINABILITY BY IMPLEMENTING SWITCHGEAR
6 AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE
6.1 INTRODUCTION
FIGURE 34 AIR-INSULATED SWITCHGEAR MARKET SHARE, IN TERMS OF VALUE, BY VOLTAGE, 2023
TABLE 21 AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 22 AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029 (USD BILLION)
6.2 LOW
6.2.1 NEED TO SAFEGUARD ELECTRICAL DEVICES AND MACHINERY FROM OVERLOAD CURRENTS AND VOLTAGE SURGES TO DRIVE MARKET
TABLE 23 LOW: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 24 LOW: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
6.3 MEDIUM
6.3.1 TRANSITION OF RAILWAY INDUSTRY FROM DIESEL-ELECTRIC TO ELECTRIC OR BATTERY-ELECTRIC LOCOMOTIVES TO CREATE OPPORTUNITIES
TABLE 25 MEDIUM: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 26 MEDIUM: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4 HIGH
6.4.1 GROWING INTEGRATION OF RENEWABLE SOURCES INTO GRIDS TO FUEL MARKET GROWTH
TABLE 27 HIGH: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 28 HIGH: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
7 AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION
7.1 INTRODUCTION
FIGURE 35 AIR-INSULATED SWITCHGEAR MARKET SHARE, IN TERMS OF VALUE, BY INSTALLATION, 2023
TABLE 29 AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 30 AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
7.2 INDOOR
7.2.1 GREATER PROTECTION OFFERED AGAINST ENVIRONMENTAL CONTAMINANTS TO BOOST SEGMENTAL GROWTH
TABLE 31 INDOOR: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 32 INDOOR: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
7.3 OUTDOOR
7.3.1 INCREASING NEED FOR HIGH-LOAD, LONG-TRANSMISSION CAPABILITIES TO FUEL SEGMENTAL GROWTH
TABLE 33 OUTDOOR: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 34 OUTDOOR: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
8 AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 36 AIR-INSULATED SWITCHGEAR MARKET SHARE, IN TERMS OF VALUE, BY APPLICATION, 2023
TABLE 35 AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 36 AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
8.2 TRANSMISSION & DISTRIBUTION
8.2.1 RISING FOCUS OF UTILITIES AND GRID OPERATORS ON ENHANCING RELIABILITY AND SUSTAINABILITY OF T&D NETWORKS TO BOOST DEMAND
TABLE 37 TRANSMISSION & DISTRIBUTION: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 38 TRANSMISSION & DISTRIBUTION: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
8.3 INDUSTRIAL
8.3.1 INCREASING ADOPTION OF AUTOMATION AND DIGITALIZATION IN INDUSTRIAL PROCESSES TO ACCELERATE MARKET GROWTH
TABLE 39 INDUSTRIAL: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 40 INDUSTRIAL: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
8.4 COMMERCIAL & RESIDENTIAL
8.4.1 RAPID URBANIZATION AND INCREASING USE OF RENEWABLE ENERGY IN COMMERCIAL AND RESIDENTIAL BUILDINGS TO SUPPORT MARKET GROWTH
TABLE 41 COMMERCIAL & RESIDENTIAL: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 42 COMMERCIAL & RESIDENTIAL: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
8.5 TRANSPORTATION
8.5.1 STRINGENT ENVIRONMENTAL REGULATIONS AND SUSTAINABILITY GOALS TO FUEL MARKET GROWTH
TABLE 43 TRANSPORTATION: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 44 TRANSPORTATION: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
8.6 OTHERS
TABLE 45 OTHERS: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 46 OTHERS: AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
9 AIR-INSULATED SWITCHGEAR MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 37 AIR-INSULATED SWITCHGEAR MARKET SHARE, IN TERMS OF VALUE, BY REGION, 2023
FIGURE 38 ASIA PACIFIC TO RECORD HIGHEST CAGR IN AIR-INSULATED SWITCHGEAR MARKET DURING FORECAST PERIOD
TABLE 47 AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 48 AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (USD BILLION)
TABLE 49 AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 50 AIR-INSULATED SWITCHGEAR MARKET, BY REGION, 2024–2029 (UNITS)
9.2 ASIA PACIFIC
9.2.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 39 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET SNAPSHOT
TABLE 51 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 52 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
TABLE 53 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 54 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029 (USD BILLION)
TABLE 55 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 56 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
TABLE 57 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 58 ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.2.2 CHINA
9.2.2.1 Rising focus on carbon footprint reduction to boost demand
TABLE 59 CHINA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 60 CHINA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.2.3 INDIA
9.2.3.1 Increasing electrification to drive market
TABLE 61 INDIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 62 INDIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.2.4 JAPAN
9.2.4.1 Growing need to upgrade aging power infrastructure to create demand
TABLE 63 JAPAN: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 64 JAPAN: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.2.5 AUSTRALIA
9.2.5.1 Railway electrification initiatives to propel market growth
TABLE 65 AUSTRALIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 66 AUSTRALIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.2.6 REST OF ASIA PACIFIC
TABLE 67 REST OF ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 68 REST OF ASIA PACIFIC: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3 EUROPE
9.3.1 EUROPE: RECESSION IMPACT
FIGURE 40 EUROPE: AIR-INSULATED SWITCHGEAR MARKET SNAPSHOT
TABLE 69 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 70 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
TABLE 71 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 72 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029 (USD BILLION)
TABLE 73 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 74 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
TABLE 75 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 76 EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.3.2 GERMANY
9.3.2.1 Increasing emphasis on enhancing energy efficiency and expanding grid infrastructure to drive market
TABLE 77 GERMANY: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 78 GERMANY: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3.3 UK
9.3.3.1 Surging need for electricity due to urbanization, transportation, and industrialization to escalate demand
TABLE 79 UK: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 80 UK: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3.4 ITALY
9.3.4.1 Focus on curtailing carbon emissions and shifting toward cleaner energy to drive market
TABLE 81 ITALY: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 82 ITALY: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3.5 FRANCE
9.3.5.1 Rising emphasis on renewable energy capacity expansion to create opportunities for market players
TABLE 83 FRANCE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 84 FRANCE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3.6 SPAIN
9.3.6.1 Electricity transmission grid projects to boost demand
TABLE 85 SPAIN: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 86 SPAIN: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.3.7 REST OF EUROPE
TABLE 87 REST OF EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 88 REST OF EUROPE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.4 NORTH AMERICA
9.4.1 NORTH AMERICA: RECESSION IMPACT
TABLE 89 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 90 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
TABLE 91 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 92 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029(USD BILLION)
TABLE 93 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 94 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
TABLE 95 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 96 NORTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.4.2 US
9.4.2.1 Proliferation of EVs and grid-interactive buildings to surge demand
TABLE 97 US: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 98 US: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.4.3 CANADA
9.4.3.1 Growing efforts to prioritize low-emission power generation to contribute to market growth
TABLE 99 CANADA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 100 CANADA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.4.4 MEXICO
9.4.4.1 Rising investment in power infrastructure development to foster market growth
TABLE 101 MEXICO: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 102 MEXICO: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.5 MIDDLE EAST & AFRICA
9.5.1 MIDDLE EAST & AFRICA: RECESSION IMPACT
TABLE 103 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 104 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
TABLE 105 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 106 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029 (USD BILLION)
TABLE 107 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 108 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
TABLE 109 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 110 MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 111 AIR-INSULATED SWITCHGEAR MARKET, BY GCC COUNTRY, 2020–2023 (USD BILLION)
TABLE 112 AIR-INSULATED SWITCHGEAR MARKET, BY GCC COUNTRY, 2024–2029 (USD BILLION)
9.5.2 GULF COOPERATION COUNCIL (GCC) COUNTRIES
9.5.2.1 Saudi Arabia
9.5.2.1.1 Increasing use of renewables to generate power to accelerate market growth
TABLE 113 SAUDI ARABIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 114 SAUDI ARABIA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.5.2.2 UAE
9.5.2.2.1 Growing demand for electricity to create lucrative opportunities for market players
TABLE 115 UAE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 116 UAE: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.5.2.3 Rest of GCC countries
TABLE 117 REST OF GCC COUNTRIES: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 118 REST OF GCC COUNTRIES: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.5.3 SOUTH AFRICA
9.5.3.1 Pressing need to upgrade aging power infrastructure to stimulate market growth
TABLE 119 SOUTH AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 120 SOUTH AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.5.4 REST OF MIDDLE EAST & AFRICA
TABLE 121 REST OF MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 122 REST OF MIDDLE EAST & AFRICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.6 SOUTH AMERICA
9.6.1 SOUTH AMERICA: RECESSION IMPACT
TABLE 123 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2020–2023 (USD BILLION)
TABLE 124 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY INSTALLATION, 2024–2029 (USD BILLION)
TABLE 125 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2020–2023 (USD BILLION)
TABLE 126 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY VOLTAGE, 2024–2029 (USD BILLION)
TABLE 127 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 128 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
TABLE 129 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 130 SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.6.2 BRAZIL
9.6.2.1 Increasing number of electrification projects to boost demand
TABLE 131 BRAZIL: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 132 BRAZIL: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.6.3 ARGENTINA
9.6.3.1 Government initiatives promoting adoption of renewable energy to support market growth
TABLE 133 ARGENTINA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 134 ARGENTINA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
9.6.4 REST OF SOUTH AMERICA
TABLE 135 REST OF SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2020–2023 (USD BILLION)
TABLE 136 REST OF SOUTH AMERICA: AIR-INSULATED SWITCHGEAR MARKET, BY APPLICATION, 2024–2029 (USD BILLION)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023
TABLE 137 AIR-INSULATED SWITCHGEAR MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY MAJOR PLAYERS, 2020–2023
10.3 MARKET SHARE ANALYSIS, 2023
TABLE 138 AIR-INSULATED SWITCHGEAR MARKET: DEGREE OF COMPETITION, 2023
FIGURE 41 AIR-INSULATED SWITCHGEAR MARKET SHARE ANALYSIS, 2023
10.4 REVENUE ANALYSIS, 2019–2023
FIGURE 42 AIR-INSULATED SWITCHGEAR MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023
10.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
FIGURE 43 AIR-INSULATED SWITCHGEAR MARKET: EV/EBITDA, 2024
FIGURE 44 AIR-INSULATED SWITCHGEAR MARKET: COMPANY VALUATION, 2024
10.6 BRAND/PRODUCT COMPARISON
FIGURE 45 AIR-INSULATED SWITCHGEAR MARKET: BRAND/PRODUCT COMPARISON
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.7.1 STARS
10.7.2 EMERGING LEADERS
10.7.3 PERVASIVE PLAYERS
10.7.4 PARTICIPANTS
FIGURE 46 AIR-INSULATED SWITCHGEAR MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
10.7.5.1 Company footprint
FIGURE 47 AIR-INSULATED SWITCHGEAR MARKET: COMPANY FOOTPRINT
10.7.5.2 Voltage footprint
TABLE 139 AIR-INSULATED SWITCHGEAR MARKET: VOLTAGE FOOTPRINT
10.7.5.3 Application footprint
TABLE 140 AIR-INSULATED SWITCHGEAR MARKET: APPLICATION FOOTPRINT
10.7.5.4 Installation footprint
TABLE 141 AIR-INSULATED SWITCHGEAR MARKET: INSTALLATION FOOTPRINT
10.7.5.5 Region footprint
TABLE 142 AIR-INSULATED SWITCHGEAR MARKET: REGION FOOTPRINT
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
10.8.1 PROGRESSIVE COMPANIES
10.8.2 RESPONSIVE COMPANIES
10.8.3 DYNAMIC COMPANIES
10.8.4 STARTING BLOCKS
FIGURE 48 AIR-INSULATED SWITCHGEAR MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
10.8.5.1 Detailed list of key startups/SMEs
TABLE 143 AIR-INSULATED SWITCHGEAR MARKET: LIST OF KEY STARTUPS/SMES
10.8.5.2 Competitive benchmarking of key startups/SMEs
TABLE 144 AIR-INSULATED SWITCHGEAR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
10.9 COMPETITIVE SCENARIO AND TRENDS
10.9.1 DEALS
TABLE 145 AIR-INSULATED SWITCHGEAR MARKET: DEALS, JULY 2021–APRIL 2023
10.9.2 OTHERS
TABLE 146 AIR-INSULATED SWITCHGEAR MARKET: OTHERS, JULY 2021–APRIL 2023
11 COMPANY PROFILES
(Business overview, Products offered, Recent developments & MnM View)*
11.1 KEY PLAYERS
11.1.1 ABB
TABLE 147 ABB: COMPANY OVERVIEW
FIGURE 49 ABB: COMPANY SNAPSHOT
TABLE 148 ABB: PRODUCTS OFFERED
TABLE 149 ABB: DEALS
11.1.2 SCHNEIDER ELECTRIC
TABLE 150 SCHNIEDER ELECTRIC: COMPANY OVERVIEW
FIGURE 50 SCHNIEDER ELECTRIC: COMPANY SNAPSHOT
TABLE 151 SCHNIEDER ELECTRIC: PRODUCTS OFFERED
TABLE 152 SCHNEIDER ELECTRIC: DEALS
11.1.3 SIEMENS ENERGY
TABLE 153 SIEMENS ENERGY: COMPANY OVERVIEW
FIGURE 51 SIEMENS ENERGY: COMPANY SNAPSHOT
TABLE 154 SIEMENS: PRODUCTS OFFERED
TABLE 155 SIEMENS ENERGY: EXPANSIONS
TABLE 156 SIEMENS ENERGY: DEALS
11.1.4 EATON
TABLE 157 EATON: COMPANY OVERVIEW
FIGURE 52 EATON: COMPANY SNAPSHOT
TABLE 158 EATON: PRODUCTS OFFERED
TABLE 159 EATON: DEALS
11.1.5 GE GRID SOLUTIONS
TABLE 160 GE GRID SOLUTIONS: COMPANY OVERVIEW
FIGURE 53 GE GRID SOLUTIONS: COMPANY SNAPSHOT
TABLE 161 GE GRID SOLUTIONS: PRODUCTS OFFERED
TABLE 162 GE GRID SOLUTIONS: DEALS
TABLE 163 GE GRID SOLUTIONS: OTHERS
11.1.6 LARSEN & TOUBRO
TABLE 164 LARSEN & TOUBRO: COMPANY OVERVIEW
FIGURE 54 LARSEN & TOUBRO: COMPANY SNAPSHOT
TABLE 165 LARSEN & TOUBRO: PRODUCTS OFFERED
TABLE 166 LARSEN & TOUBRO: OTHERS
11.1.7 TOSHIBA INFRASTRUCTURE SYSTEMS AND CORPORATION
TABLE 167 TOSHIBA INFRASTRUCTURE SYSTEMS AND CORPORATION: COMPANY OVERVIEW
FIGURE 55 TOSHIBA INFRASTRUCTURE SYSTEMS AND CORPORATION: COMPANY SNAPSHOT
TABLE 168 TOSHIBA INFRASTRUCTURE SYSTEMS AND CORPORATION: PRODUCTS OFFERED
TABLE 169 TOSHIBA INFRASTRUCTURE & SOLUTIONS CORPORATION: OTHERS
11.1.8 CG POWER AND INDUSTRIAL SOLUTIONS LTD.
TABLE 170 CG POWER AND INDUSTRIAL SOLUTIONS LTD.: COMPANY OVERVIEW
FIGURE 56 CG POWER AND INDUSTRIAL SOLUTIONS LTD.: COMPANY SNAPSHOT
TABLE 171 CG POWER AND INDUSTRIAL SOLUTIONS LTD.: PRODUCTS OFFERED
11.1.9 ELATEC POWER DISTRIBUTION
TABLE 172 ELATEC POWER DISTRIBUTION: COMPANY OVERVIEW
TABLE 173 ELATEC POWER DISTRIBUTION: PRODUCTS OFFERED
11.1.10 JST POWER EQUIPMENT, INC.
TABLE 174 JST POWER EQUIPMENT, INC.: COMPANY OVERVIEW
TABLE 175 JST POWER EQUIPMENT, INC.: PRODUCTS OFFERED
11.1.11 EPE MALAYSIA
TABLE 176 EPE MALAYSIA: COMPANY OVERVIEW
TABLE 177 EPE MALAYSIA: PRODUCTS OFFERED
11.1.12 ALFANAR GROUP
TABLE 178 ALFANAR GROUP: COMPANY OVERVIEW
TABLE 179 ALFANAR GROUP: PRODUCTS OFFERED
TABLE 180 ALFANAR GROUP: DEALS
11.1.13 EFACEC
TABLE 181 EFACEC: COMPANY OVERVIEW
FIGURE 57 EFACEC: COMPANY SNAPSHOT
TABLE 182 EFACEC: PRODUCTS OFFERED
TABLE 183 EFACEC: OTHERS
11.1.14 HITACHI ENERGY LTD.
TABLE 184 HITACHI ENERGY LTD.: COMPANY OVERVIEW
FIGURE 58 HITACHI ENERGY LTD.: COMPANY SNAPSHOT
TABLE 185 HITACHI ENERGY LTD.: PRODUCTS OFFERED
TABLE 186 HITACHI ENERGY LTD.: DEALS
TABLE 187 HITACHI ENERGY LTD.: EXPANSIONS
TABLE 188 HITACHI ENERGY LTD.: OTHERS
11.1.15 MITSUBISHI ELECTRIC CORPORATION
TABLE 189 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
FIGURE 59 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 190 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS OFFERED
TABLE 191 MITSUBISHI ELECTRIC CORPORATION: DEALS
TABLE 192 MITSUBISHI ELECTRIC CORPORATION: OTHERS
11.1.16 HUBBELL
TABLE 193 HUBBELL: COMPANY OVERVIEW
FIGURE 60 HUBBELL: COMPANY SNAPSHOT
TABLE 194 HUBBELL: PRODUCTS OFFERED
TABLE 195 HUBBELL: DEALS
11.1.17 SWITCHGEAR COMPANY
TABLE 196 SWITCHGEAR COMPANY: COMPANY OVERVIEW
TABLE 197 SWITCHGEAR COMPANY: PRODUCTS OFFERED
11.1.18 S&C ELECTRIC
TABLE 198 S&C ELECTRIC COMPANY: COMPANY OVERVIEW
TABLE 199 S&C ELECTRIC COMPANY: PRODUCTS OFFERED
TABLE 200 S&C ELECTRIC COMPANY: DEALS
TABLE 201 S&C ELECTRIC COMPANY: EXPANSIONS
11.1.19 TAVRIDA ELECTRIC
TABLE 202 TAVRIDA ELECTRIC: COMPANY OVERVIEW
TABLE 203 TAVRIDA ELECTRIC: PRODUCTS OFFERED
11.1.20 ORECCO
TABLE 204 ORECCO: COMPANY OVERVIEW
TABLE 205 ORECCO: PRODUCTS OFFERED
11.1.21 MEDELEC
TABLE 206 MEDELEC: COMPANY OVERVIEW
TABLE 207 MEDELEC: PRODUCTS OFFERED
TABLE 208 MEDELEC COMPANY: OTHERS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
11.2 OTHER PLAYERS
11.2.1 ELECTRO-MECHANICAL, LLC
11.2.2 DRIESCHER
11.2.3 TERASAKI ELECTRIC CO., LTD.
11.2.4 RADIANT ENTERPRISES
11.2.5 AL HAMAD INDUSTRIES INT’L F.Z.E.
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
