Air Insulated Switchgear Market– Global Forecast to 2022


Posted April 26, 2017 by annyang

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"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"published in April 2017. It is a professional and in-depth study.

“The air insulated switchgear market is projected to grow at a CAGR of 4.68% from 2017 to 2022”
The air insulated switchgear market is projected to reach USD 8.41 billion by 2022, growing at a CAGR of 4.68% from 2017 to 2022. Air insulated switchgear are relatively cost effective, are pollution free, and have simple construction. Increasing investments in T&D infrastructure, increasing electricity demand, and low capital investment of air insulated switchgear are expected to drive the air insulated switchgear market. The availability of alternative such as gas insulated switchgear is likely to hinder market growth of air insulated switchgear.

“The 3 kV–36 kV segment is expected to grow at the highest CAGR from 2017 to 2022”
Based on voltage range of air insulated switchgear, the 3 kV–36 kV segment is estimated to be the fastest growing market from 2017 to 2022. These air insulated switchgear are used in a wide range of applications such as power generation, manufacturing and processing, infrastructure and transportation, and power distribution sector. The growth in 3 kV–36 kV segment is driven by increasing power generation capacity and infrastructural developments.

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“The transmission & distribution segment is expected to dominate the air insulated switchgear market from 2017 to 2022”
Based on application of air insulated switchgear, the transmission & distribution segment is expected to dominate the air insulated switchgear market from 2017 to 2022. The growth in demand for the reliable delivery of electric power has led to an increase in investment in the transmission & distribution infrastructure, thereby resulting in demand for substations and projects regarding AIS installations. Increasing expenditure in electrical networks and increasing focus on renewable power generation are expected to drive the air insulated switchgear market in transmission & distribution segment.

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Breakdown of profile of primary participants:
By Company Type: Tier 1- 57%, Tier 2- 14%, Tier 3- 29%
By Designation: C-Level- 14%, D-Level- 14%, Others- 72%
By Region: Asia-Pacific- 43%, North America- 14%, Europe- 14%, Rest of the World- 29%

By Installation
The air insulated switchgear market has been segmented based on installation into indoor and outdoor.

By Application
The air insulated switchgear market has been segmented based on application into transmission & distribution, manufacturing & processing, infrastructure & transportation, and others. Others include oil & gas, mining, and marine.

By Region
The global air insulated switchgear market is analyzed with respect to six regions, namely, Asia-Pacific, Europe, North America, the Middle East, South America, and Africa.

Some points from Table of Contents
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 14
1.3.1 AIR INSULATED SWITCHGEAR MARKET: MARKET SEGMENTATION 15
1.3.2 REGIONAL SCOPE 16
1.3.3 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17

2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primaries 21
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25

3 EXECUTIVE SUMMARY 26
3.1 INTRODUCTION 26
3.2 HISTORICAL BACKDROP & EVOLUTION 26
3.3 CURRENT SCENARIO 26
3.4 FUTURE OUTLOOK 28
3.5 CONCLUSION 31

4 PREMIUM INSIGHTS 32
4.1 ASIA-PACIFIC IS EXPECTED TO HOLD THE LARGEST MARKET DURING THE FORECAST PERIOD 33
4.2 AIR INSULATED SWITCHGEAR MARKET, BY VOLTAGE RANGE 34
4.3 AIR INSULATED SWITCHGEAR MARKET, BY INSTALLATION 34
4.4 AIR INSULATED SWITCHGEAR MARKET, BY APPLICATION 35
4.5 ASIA-PACIFIC AIR INSULATED SWITCHGEAR MARKET 36

5 MARKET OVERVIEW 37
5.1 INTRODUCTION 38
5.2 AIR INSULATED SWITCHGEAR: MARKET SEGMENTATION 39
5.2.1 BY VOLTAGE RANGE 40
5.2.2 BY INSTALLATION 40
5.2.3 BY APPLICATION 40
5.2.4 BY REGION 41
5.3 MARKET DYNAMICS 41

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Issued By Market Research Report Store
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Categories Marketing
Last Updated April 26, 2017