Automotive Dive

Switchgear Market Size, Share, Trends, Growth Projections and Forecast 2019-2027

Pressmeddelande   •   Jun 30, 2019 18:10 CEST

The switchgear market size is expected to reach USD 140.20 Billion by 2027, at a CAGR of 10%, from 2017 to 2027. The global market is set to witness a significant growth due to the continued growth of construction and developmental activities, increasing access to electricity, and growth of renewable power generation projects.

Scope of Report:

By Voltage, the switchgear market has been segmented into the following:
< 1 kV
1–36 kV
36–72.5 kV
> 72.5

By End-User, the switchgear market has been segmented into the following:
Transmission and Distribution Utilities
Manufacturing and Process Industries
Commercial and Residential Infrastructure

By Equipment, the switchgear market has been segmented into the following:
Gas insulated switchgear
Air Insulated switchgear
Circuit breakers

By Region, the switchgear market has been segmented into the following:
North America
Europe
Asia Pacific
Middle East & Africa
South America

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Objectives of the study:
To define, describe, and forecast the global switchgear market by voltage, equipment, end-user and region
To provide detailed information on major factors influencing the growth of the switchgear market (drivers, restraints, opportunities, and industry-specific challenges)
To strategically analyze the switchgear market with respect to individual growth trends, future prospects, and contribution of each segment to the market
To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders
To strategically profile key players and comprehensively analyze their market rankings and core competencies
To track and analyze competitive developments, such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the switchgear market