The report "Air Insulated Switchgear Market by Voltage Range (3 kV–36 kV and >36 kV), Installation (Indoor and Outdoor), Application (Transmission & Distribution, Manufacturing & Processing, and Infrastructure & Transportation), and Region - Global Forecast to 2022", The air insulated switchgear market is expected to grow from an estimated USD 6.69 Billion in 2017 to USD 8.41 Billion by 2022, at a CAGR of 4.68% from 2017 to 2022. The global market is set to witness significant growth, due to the increasing expenditure in electrical network and low capital investment of air insulated switchgear.
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the air insulated switchgear market. These players include ABB Ltd. (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), General Electric Company (U.S.), and Eaton Corporation PLC (Ireland). Leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share.
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Scope of the Report
By Voltage Range, the Air Insulated Switchgear Market has been segmented into the following:
o 3 kV–36 kV
o >36 kV
By Installation, the Air Insulated Switchgear Market has been segmented into the following:
o Indoor
o Outdoor
By Application, the Air Insulated Switchgear Market has been segmented into the following:
o Transmission & Distribution
o Manufacturing and Processing
o Infrastructure and Transportation
o Others
By Region, the Air Insulated Switchgear Market has been segmented into the following:
o Asia-Pacific
o Europe
o North America
o Middle East
o South America
o Africa
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Objectives of the study:
• To define, describe, and forecast the global air insulated switchgear market by voltage range, installation, application, and region
• To provide detailed information regarding major factors influencing the growth of the air insulated switchgear market (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze the market with respect to individual growth trends, future prospects, and contribution of each segment to the market
• To strategically profile key players and comprehensively analyze their market shares and core competencies
• To track and analyze competitive developments such as contracts & agreements, expansions, new product developments, and mergers & acquisitions, in the air insulated switchgear market
Target Audience:
The report’s target audience includes:
• Air insulated switchgear manufacturers, distributors, and suppliers
• Consulting companies in the energy and power sector
• Government and research organizations
• Investors/shareholders
• Environmental research institutes
• Power industry associations
• Manufacturing industry
• Power generation companies
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Asia-Pacific: The fastest growing market for air insulated switchgear
In this report, the air insulated switchgear market has been analyzed with respect to six regions, namely, Asia-Pacific, Europe, North America, the Middle East, South America, and Africa. Asia-Pacific is expected to dominate the global air insulated switchgear market, owing to increasing expenditure in T&D networks and presence of manufacturing facilities in the region. China is expected to dominate the air insulated switchgear market in the Asia-Pacific region.
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