Air Insulated Switchgear Market By Voltage (Low, Medium, High) , By Application (Power Distribution Networks, Industrial Plants, Infrastructure Projects, Data Centers, Renewable Energy Integration, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2033

June 2024 | 350 pages | ID: A4559112FA8BEN
Allied Market Research

Abstracts

Air Insulated Switchgear Market

The air insulated switchgear market was valued at $66.8 billion in 2023 and is projected t%li%reach $100.9 billion by 2033, growing at a CAGR of 4.2% from 2024 t%li%2033.

Air insulated switchgear (AIS) is a power redistribution device that aids in the redistribution of power from a primary distributor, using a high voltage transformer. Air is a major insulator in AIS as it helps t%li%reduce electrical faults, thereby ensuring safe operation. The device comprises of disconnectors, circuit breakers, and busbars, all enclosed within a metal casing. The robust design and potential t%li%handle large electrical loads make AIS a preferred choice for various applications in industrial plants, power distribution networks, and infrastructure projects.

Increase in demand for robust electrical distribution networks due t%li%rapid surge in urbanization and industrialization globally is a key factor driving the growth of the air insulated switchgear market. In addition, rise in inclination toward sustainability is boosting the adoption of AIS as the device helps t%li%reduce the consumption of energy by 40%. Currently, the development of modular & compact switchgears, assimilated with the capabilities of innovative technologies such as AI and the Internet of Things (IoT) is emerging as a significant trend. Furthermore, the integration of AIS int%li%the power grid of renewable sources of energy; including wind, solar, and hydro; is acquiring traction. With increasing adoption of renewable energy sources, the management of their variable output has become pivotal t%li%ensure stable power supply.

However, AIS potentially causes severe environmental damage in case of leakage, due t%li%their usage of air as an insulating material. This limits the usage of switchgear, hence restraining market growth. Furthermore, the deployment of AIS faces significant challenges from gas-insulated switchgear (GIS), which prevents the widespread expansion of the air insulated switchgear market. According t%li%an article by Electric Energy Online, a platform offering daily news coverage of the energy industry, GIS has a lower footprint when compared t%li%AIS as the size of GIS substations is 10 times smaller than AIS.

Segment Review

The air insulated switchgear market is segmented int%li%voltage, application, and region. On the basis of voltage, the market is classified int%li%low, medium, and high. Depending on application, it is divided int%li%power distribution networks, industrial plants, infrastructure projects, data centers, renewable energy integration, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of voltage, the medium segment is expected t%li%maintain its lead position during the forecast period.

Depending on application, the power distribution networks segment is projected t%li%be the highest shareholder throughout the forecast period.

Region wise, Asia-Pacific is anticipated t%li%be the highest revenue generator by 2033.

Competition Analysis

The major players operating in the global air insulated switchgear market include Hitachi Group, Schneider Electric, Switchgear Company, Siemens, alfanar Group, Mitsubishi Electric Power Products, Inc., Orecco, Eaton, Zhejiang Volcan%li%Electrical Technology Co. Ltd, ABB, and Ghorit. These players have adopted various key developmental strategies such as business expansion, new product launches, and partnerships t%li%strengthen their foothold in the market.

Additional benefits you will get with this purchase are:

• Quarterly Update and* (only available with a corporate license, on listed price)
• 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
• Free Upcoming Version on the Purchase of Five and Enterprise User License.
• 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting t%li%16 analyst hours t%li%solve questions, and post-sale queries)
• 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent t%li%3 working days of free work, applicable once)
• Free data Pack on the Five and Enterprise User License. (Excel version of the report)
• Free Updated report if the report is 6-12 months old or older.
• 24-hour priority response*
• Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk t%li%the sales executive t%li%know more)

• Capital Investment breakdown
• Installed Base analysis
• Investment Opportunities
• Technology Trend Analysis
• G%li%T%li%Market Strategy
• Patient/epidemiology data at country, region, global level
• Regulatory Guidelines
• Additional company profiles with specific t%li%client's interest
• Additional country or region analysis- market size and forecast
• Expanded list for Company Profiles
• Historic market data
• Import Export Analysis/Data
• SWOT Analysis

Key Market Segments

By Voltage

• Low
• Medium
• High

By Application

• Power Distribution Networks
• Industrial Plants
• Infrastructure Projects
• Data Centers
• Renewable Energy Integration
• Others

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Saudi Arabia
• South Africa
• Rest of LAMEA
• Key Market Players
• Hitachi Group
• Schneider Electric
• Switchgear Company
• Siemens
• alfanar Group
• Mitsubishi Electric Power Products, Inc.
• Orecco
• Eaton
• Zhejiang Volcan%li%Electrical Technology Co.,Ltd
• ABB
• Ghorit

Contents

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
  1.4.1. Primary Research
  1.4.2. Secondary Research
  1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
  3.2.1. Top Investment Pockets
  3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
  3.3.1. Bargaining Power of Suppliers
  3.3.2. Threat of New Entrants
  3.3.3. Threat of Substitutes
  3.3.4. Competitive Rivalry
  3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
  3.4.1. Drivers
  3.4.2. Restraints
  3.4.3. Opportunities

CHAPTER 4: ALUMINUM SMELTING MARKET, BY TYPE

4.1. Market Overview
  4.1.1 Market Size and Forecast, By Type
4.2. Ingots
  4.2.1. Key Market Trends, Growth Factors and Opportunities
  4.2.2. Market Size and Forecast, By Region
  4.2.3. Market Share Analysis, By Country
4.3. Billets
  4.3.1. Key Market Trends, Growth Factors and Opportunities
  4.3.2. Market Size and Forecast, By Region
  4.3.3. Market Share Analysis, By Country
4.4. Wire Rods
  4.4.1. Key Market Trends, Growth Factors and Opportunities
  4.4.2. Market Size and Forecast, By Region
  4.4.3. Market Share Analysis, By Country
4.5. Others
  4.5.1. Key Market Trends, Growth Factors and Opportunities
  4.5.2. Market Size and Forecast, By Region
  4.5.3. Market Share Analysis, By Country

CHAPTER 5: ALUMINUM SMELTING MARKET, BY PROCESS

5.1. Market Overview
  5.1.1 Market Size and Forecast, By Process
5.2. Primary Aluminum Smelting
  5.2.1. Key Market Trends, Growth Factors and Opportunities
  5.2.2. Market Size and Forecast, By Region
  5.2.3. Market Share Analysis, By Country
5.3. Secondary Aluminum Smelting
  5.3.1. Key Market Trends, Growth Factors and Opportunities
  5.3.2. Market Size and Forecast, By Region
  5.3.3. Market Share Analysis, By Country

CHAPTER 6: ALUMINUM SMELTING MARKET, BY END-USE

6.1. Market Overview
  6.1.1 Market Size and Forecast, By End-use
6.2. Aircraft And Aerospace
  6.2.1. Key Market Trends, Growth Factors and Opportunities
  6.2.2. Market Size and Forecast, By Region
  6.2.3. Market Share Analysis, By Country
6.3. Automotive
  6.3.1. Key Market Trends, Growth Factors and Opportunities
  6.3.2. Market Size and Forecast, By Region
  6.3.3. Market Share Analysis, By Country
6.4. Building And Construction
  6.4.1. Key Market Trends, Growth Factors and Opportunities
  6.4.2. Market Size and Forecast, By Region
  6.4.3. Market Share Analysis, By Country
6.5. Electronics And Appliances
  6.5.1. Key Market Trends, Growth Factors and Opportunities
  6.5.2. Market Size and Forecast, By Region
  6.5.3. Market Share Analysis, By Country
6.6. Packaging
  6.6.1. Key Market Trends, Growth Factors and Opportunities
  6.6.2. Market Size and Forecast, By Region
  6.6.3. Market Share Analysis, By Country
6.7. Others
  6.7.1. Key Market Trends, Growth Factors and Opportunities
  6.7.2. Market Size and Forecast, By Region
  6.7.3. Market Share Analysis, By Country

CHAPTER 7: ALUMINUM SMELTING MARKET, BY REGION

7.1. Market Overview
  7.1.1 Market Size and Forecast, By Region
7.2. North America
  7.2.1. Key Market Trends and Opportunities
  7.2.2. Market Size and Forecast, By Type
  7.2.3. Market Size and Forecast, By Process
  7.2.4. Market Size and Forecast, By End-use
  7.2.5. Market Size and Forecast, By Country
  7.2.6. U.S. Aluminum Smelting Market
    7.2.6.1. Market Size and Forecast, By Type
    7.2.6.2. Market Size and Forecast, By Process
    7.2.6.3. Market Size and Forecast, By End-use
  7.2.7. Canada Aluminum Smelting Market
    7.2.7.1. Market Size and Forecast, By Type
    7.2.7.2. Market Size and Forecast, By Process
    7.2.7.3. Market Size and Forecast, By End-use
  7.2.8. Mexico Aluminum Smelting Market
    7.2.8.1. Market Size and Forecast, By Type
    7.2.8.2. Market Size and Forecast, By Process
    7.2.8.3. Market Size and Forecast, By End-use
7.3. Europe
  7.3.1. Key Market Trends and Opportunities
  7.3.2. Market Size and Forecast, By Type
  7.3.3. Market Size and Forecast, By Process
  7.3.4. Market Size and Forecast, By End-use
  7.3.5. Market Size and Forecast, By Country
  7.3.6. France Aluminum Smelting Market
    7.3.6.1. Market Size and Forecast, By Type
    7.3.6.2. Market Size and Forecast, By Process
    7.3.6.3. Market Size and Forecast, By End-use
  7.3.7. Germany Aluminum Smelting Market
    7.3.7.1. Market Size and Forecast, By Type
    7.3.7.2. Market Size and Forecast, By Process
    7.3.7.3. Market Size and Forecast, By End-use
  7.3.8. Italy Aluminum Smelting Market
    7.3.8.1. Market Size and Forecast, By Type
    7.3.8.2. Market Size and Forecast, By Process
    7.3.8.3. Market Size and Forecast, By End-use
  7.3.9. Spain Aluminum Smelting Market
    7.3.9.1. Market Size and Forecast, By Type
    7.3.9.2. Market Size and Forecast, By Process
    7.3.9.3. Market Size and Forecast, By End-use
  7.3.10. UK Aluminum Smelting Market
    7.3.10.1. Market Size and Forecast, By Type
    7.3.10.2. Market Size and Forecast, By Process
    7.3.10.3. Market Size and Forecast, By End-use
  7.3.11. Rest of Europe Aluminum Smelting Market
    7.3.11.1. Market Size and Forecast, By Type
    7.3.11.2. Market Size and Forecast, By Process
    7.3.11.3. Market Size and Forecast, By End-use
7.4. Asia-Pacific
  7.4.1. Key Market Trends and Opportunities
  7.4.2. Market Size and Forecast, By Type
  7.4.3. Market Size and Forecast, By Process
  7.4.4. Market Size and Forecast, By End-use
  7.4.5. Market Size and Forecast, By Country
  7.4.6. China Aluminum Smelting Market
    7.4.6.1. Market Size and Forecast, By Type
    7.4.6.2. Market Size and Forecast, By Process
    7.4.6.3. Market Size and Forecast, By End-use
  7.4.7. Japan Aluminum Smelting Market
    7.4.7.1. Market Size and Forecast, By Type
    7.4.7.2. Market Size and Forecast, By Process
    7.4.7.3. Market Size and Forecast, By End-use
  7.4.8. India Aluminum Smelting Market
    7.4.8.1. Market Size and Forecast, By Type
    7.4.8.2. Market Size and Forecast, By Process
    7.4.8.3. Market Size and Forecast, By End-use
  7.4.9. South Korea Aluminum Smelting Market
    7.4.9.1. Market Size and Forecast, By Type
    7.4.9.2. Market Size and Forecast, By Process
    7.4.9.3. Market Size and Forecast, By End-use
  7.4.10. Australia Aluminum Smelting Market
    7.4.10.1. Market Size and Forecast, By Type
    7.4.10.2. Market Size and Forecast, By Process
    7.4.10.3. Market Size and Forecast, By End-use
  7.4.11. Rest of Asia-Pacific Aluminum Smelting Market
    7.4.11.1. Market Size and Forecast, By Type
    7.4.11.2. Market Size and Forecast, By Process
    7.4.11.3. Market Size and Forecast, By End-use
7.5. LAMEA
  7.5.1. Key Market Trends and Opportunities
  7.5.2. Market Size and Forecast, By Type
  7.5.3. Market Size and Forecast, By Process
  7.5.4. Market Size and Forecast, By End-use
  7.5.5. Market Size and Forecast, By Country
  7.5.6. Brazil Aluminum Smelting Market
    7.5.6.1. Market Size and Forecast, By Type
    7.5.6.2. Market Size and Forecast, By Process
    7.5.6.3. Market Size and Forecast, By End-use
  7.5.7. South Africa Aluminum Smelting Market
    7.5.7.1. Market Size and Forecast, By Type
    7.5.7.2. Market Size and Forecast, By Process
    7.5.7.3. Market Size and Forecast, By End-use
  7.5.8. Saudi Arabia Aluminum Smelting Market
    7.5.8.1. Market Size and Forecast, By Type
    7.5.8.2. Market Size and Forecast, By Process
    7.5.8.3. Market Size and Forecast, By End-use
  7.5.9. Rest of LAMEA Aluminum Smelting Market
    7.5.9.1. Market Size and Forecast, By Type
    7.5.9.2. Market Size and Forecast, By Process
    7.5.9.3. Market Size and Forecast, By End-use

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top Winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top Player Positioning, 2023

CHAPTER 9: COMPANY PROFILES

9.1. Alcast Company
  9.1.1. Company Overview
  9.1.2. Key Executives
  9.1.3. Company Snapshot
  9.1.4. Operating Business Segments
  9.1.5. Product Portfolio
  9.1.6. Business Performance
  9.1.7. Key Strategic Moves and Developments
9.2. Aloca Corporation
  9.2.1. Company Overview
  9.2.2. Key Executives
  9.2.3. Company Snapshot
  9.2.4. Operating Business Segments
  9.2.5. Product Portfolio
  9.2.6. Business Performance
  9.2.7. Key Strategic Moves and Developments
9.3. Consolidate Metco, Inc.
  9.3.1. Company Overview
  9.3.2. Key Executives
  9.3.3. Company Snapshot
  9.3.4. Operating Business Segments
  9.3.5. Product Portfolio
  9.3.6. Business Performance
  9.3.7. Key Strategic Moves and Developments
9.4. Dynacast International Inc.
  9.4.1. Company Overview
  9.4.2. Key Executives
  9.4.3. Company Snapshot
  9.4.4. Operating Business Segments
  9.4.5. Product Portfolio
  9.4.6. Business Performance
  9.4.7. Key Strategic Moves and Developments
9.5. Martinrea International Inc.
  9.5.1. Company Overview
  9.5.2. Key Executives
  9.5.3. Company Snapshot
  9.5.4. Operating Business Segments
  9.5.5. Product Portfolio
  9.5.6. Business Performance
  9.5.7. Key Strategic Moves and Developments
9.6. Aluminum Corporation of China Limited
  9.6.1. Company Overview
  9.6.2. Key Executives
  9.6.3. Company Snapshot
  9.6.4. Operating Business Segments
  9.6.5. Product Portfolio
  9.6.6. Business Performance
  9.6.7. Key Strategic Moves and Developments
9.7. Rio Tinto
  9.7.1. Company Overview
  9.7.2. Key Executives
  9.7.3. Company Snapshot
  9.7.4. Operating Business Segments
  9.7.5. Product Portfolio
  9.7.6. Business Performance
  9.7.7. Key Strategic Moves and Developments
9.8. Rockman Industries Limited
  9.8.1. Company Overview
  9.8.2. Key Executives
  9.8.3. Company Snapshot
  9.8.4. Operating Business Segments
  9.8.5. Product Portfolio
  9.8.6. Business Performance
  9.8.7. Key Strategic Moves and Developments
9.9. China Hongqiao Group Limited
  9.9.1. Company Overview
  9.9.2. Key Executives
  9.9.3. Company Snapshot
  9.9.4. Operating Business Segments
  9.9.5. Product Portfolio
  9.9.6. Business Performance
  9.9.7. Key Strategic Moves and Developments
9.10. Century Aluminum Company
  9.10.1. Company Overview
  9.10.2. Key Executives
  9.10.3. Company Snapshot
  9.10.4. Operating Business Segments
  9.10.5. Product Portfolio
  9.10.6. Business Performance
  9.10.7. Key Strategic Moves and Developments