Global Air Insulated Switchgear Market: Global Industry Analysis and Forecast (2018-2026)
Global Air Insulated Switchgear Market was valued US$ 6.2 Bn in 2017 and is expected to reach 8.8 Bn by 2026, at a CAGR of 4.47 % during a forecast period.
Air insulated switchgear is an equipment, which usages air as an insulation medium. They help to enhance the reliability of electricity supply.
With the environmental concerns, many countries across the globe have imposed policies and regulations to reduce the usage of hydrocarbons for electricity generation is expected to drive the growth in the global air-insulated switchgear market. Considerable investment by developing countries towards electrifying rural areas and rising expansion of existing networks have increased the growth of the global air-insulated switchgear market. Additionally, the increasing need for robust and highly reliable electric networks in numerous industry verticals has boosted the growth of the market.
On the other hand, the availability of substitute like gas insulated switchgear is limiting the growth of global air-insulated switchgear market. In gas insulated switchgear, the entire system is entirely sealed and filled with sulphur hexafluoride, which acts as the insulating medium in switchgear. The entire system is compact and can be installed the indoor applications.
REQUEST FOR FREE SAMPLE REPORT: https://www.maximizemarketresearch.com/request-sample/30745
The indoor segment is projected to dominate the global air-insulated switchgear market. The dominant position in the market is attributed to its features like low maintenance and modular design, which makes air-insulated switchgear ideal for indoor installation.
Based on the voltage range segment, the demand for the Up to 36 kV switchgear is increasing owing to its wide usage in the application of medium voltage secondary distribution. Furthermore, The 3 kV–36 kV air-insulated switchgear are extensively used in the application area like power generation, infrastructure & transportation, manufacturing & processing, and distribution sector. This type of air-insulated switchgear is used for power transmission over long distances.
The Asia Pacific air-insulated switchgear market is expected to grow at the XX % rate of CAGR during the forecast period. Rapid industrialization and advancement in the renewable sector in the regions result in augmented demand for air-insulated switchgear. Growing expenditure in transmission & distribution networks and the presence of the manufacturing sector in the region is expected to boost the growth in the global air-insulated switchgear market.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the global air insulated switchgear market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global air insulated switchgear market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
DO INQUIRY BEFORE PURCHASING REPORT HERE: https://www.maximizemarketresearch.com/inquiry-before-buying/30745
Scope of the Report for Global Air Insulated Switchgear Market
Global Air Insulated Switchgear Market, By Voltage Range
• 3 kV–36 kV
• >36 kV
Global Air Insulated Switchgear Market, By Installation
• Indoor
• Outdoor
Global Air Insulated Switchgear Market, By Application
• Transmission & Distribution
• Manufacturing and Processing
• Infrastructure and Transportation
• Others
Global Air Insulated Switchgear Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Air Insulated Switchgear Market
• Toshiba International Corporation
• Mitsubishi Electric Corporation
• Siemens AG
• ABB Ltd.
• Schneider Electric SE
• General Electric Company
• Powell Industries, Inc.
• Crompton Greaves, Ltd.
• Hyosung Power & Industrial Systems PG
• Larsen & Toubro Limited
• Bharat Heavy Electricals Limited
• Elatec Power Distribution GmbH
• Epe Power Switchgear Sdn. BHD.
• Nissin Electric Co., Ltd.
• Köhl S.Á R.L.
• Matelec Group
• Eaton Corporation, PLC.
• Crompton Greaves, Ltd.
Browse Full Report with Facts and Figures of Air Insulated Switchgear Market Report at: https://www.maximizemarketresearch.com/market-report/global-air-insulated-switchgear-market/30745/
MAJOR TOC OF THE REPORT
Chapter One: Air Insulated Switchgear Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Air Insulated Switchgear Market Competition, by Players
Chapter Four: Global Air Insulated Switchgear Market Size by Regions
Chapter Five: North America Air Insulated Switchgear Revenue by Countries
Chapter Six: Europe Air Insulated Switchgear Revenue by Countries
Chapter Seven: Asia-Pacific Air Insulated Switchgear Revenue by Countries
Chapter Eight: South America Air Insulated Switchgear Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Air Insulated Switchgear by Countries
Chapter Ten: Global Air Insulated Switchgear Market Segment by Type
Chapter Eleven: Global Air Insulated Switchgear Market Segment by Application
Chapter Twelve: Global Air Insulated Switchgear Market Size Forecast (2019-2026)
About Us:
Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: [email protected]
Contact: +919607065656/ +919607195908
Website: www.maximizemarketresearch.com
