Global Low and Medium Voltage Switchgear Market 2017-2021

Published: August 2017
No. of Pages: 67
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Switchgear form an important T&D equipment. They are used to control safety and reliability of networks for ensuring smooth flow of electric power. Switchgears are segmented as per the arc-quenching medium that is used such as air, SF6 gas, and oil. With the advent of hybrid switchgear technology in the late 1990s, the equipment combined two different technologies in its operation: Gas-insulation technology for arc-quenching purpose, and Air-insulation technology for bus bars to be connected to other equipment present in a substation.

The analysts forecast global low and medium voltage switchgear market to grow at a CAGR of 6.46% during the period 2017-2021.

Covered in this report

This report covers the present scenario and the growth prospects of the Global Low and Medium Voltage Switchgear Market for 2017-2021. To calculate the market size, the report considers new installations, shipments, sales, volume, and value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

The report, Global Low and Medium Voltage Switchgear Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • ABB
  • GE
  • Mitsubishi Electric
  • Schneider Electric
  • Siemens

Other prominent vendors

  • Bharat Heavy Electricals Limited
  • CG
  • CHINT Group
  • Eaton
  • Hyosung
  • Hyundai Heavy Industries
  • Lucy Electric
  • Main Systems
  • OJSC Power Machines
  • Powell Industries
  • Toshiba

Market driver

  • Capacity expansion for renewable power generation
  • For a full, detailed list, view our report

Market challenge

  • High electrical equipment imports by India
  • For a full, detailed list, view our report

Market trend

  • Evolution of smart grids
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Published By: Technavio
Product Code: Technavio17060

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