Press release
Global Low and Medium Voltage Switchgear Market Become Dominant At CAGR Of 6.46% By 2017-2021
About Low and Medium Voltage Switchgear Market
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.
Technavios analysts forecast the global low and medium voltage switchgear market to grow at a CAGR of 6.46% during the period 2017-2021.
Covered in this report
The 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.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's 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. The 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
ELEKTROBUDOWA
ELECTROALFA
Hyosung
Hyundai Heavy Industries
Lucy Electric
Main Systems
OJSC Power Machines
Powell Industries
SKEMA
Toshiba
Market driver
Capacity expansion for renewable power generation
For a full, detailed list, view our report
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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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by insulation type
Market overview
Global low and medium voltage GIS market
Global low and medium voltage AIS market
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PART 07: Geographical segmentation
Market overview
Low and medium voltage switchgear market in APAC
Low and medium voltage switchgear market in EMEA
Low and medium voltage switchgear market in the Americas
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Improved substation performance and space savings
Evolution of smart grids
Mobile substations: Solution for provisional needs
PART 11: Vendor landscape
Competitive landscape
Vendor mapping
Other prominent vendors
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