What is the study period of Switchgear and Switchboard Apparatus Market market?

The switchgear and switchboard apparatus market is studied from 2018-2028. <a href='https://www.technavio.com/report/switchgear-and-switchboard-apparatus-market-industry-analysis'>Read More</a>

Which region is expected to show the highest market share in the Switchgear and Switchboard Apparatus Market market?

APAC is to show the highest market share with 50% contribution. <a href='https://www.technavio.com/report/switchgear-and-switchboard-apparatus-market-industry-analysis'>Read More</a>

What are the major market players covered in the report?

ABB Ltd., Bharat Heavy Electricals Ltd., CG Power and Industrial Solutions Ltd., Eaton Corp. Plc, General Electric Co., Havells India Ltd., Hitachi Ltd., Hubbell Inc., .... <a href='https://www.technavio.com/report/switchgear-and-switchboard-apparatus-market-industry-analysis'>Read More</a>

What is the current size of the Switchgear and Switchboard Apparatus Market market?

switchgear and switchboard apparatus market will increase $ 36.93 bn during 2024-2028. <a href='https://www.technavio.com/report/switchgear-and-switchboard-apparatus-market-industry-analysis'>Read More</a>

What is the Year-Over-Year Growth Rate of Market 2024-2028?

6.48% is the year-over-year Growth of Market. <a href='https://www.technavio.com/report/switchgear-and-switchboard-apparatus-market-industry-analysis'>Read More</a>

Switchgear and Switchboard Apparatus Market Analysis APAC,Europe,North America,Middle East and Africa,South America - US,China,India,Germany,France - Size and Forecast 2024-2028

Published: Jan 2024
Pages: 181
SKU: IRTNTR77292

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Switchgear and Switchboard Apparatus Market Size 2024-2028

The Switchgear and Switchboard Apparatus Market size is forecast to increase by USD 36.93 billion, at a CAGR of 6.88% between 2023 and 2028. The growth rate of the Medium Voltage Switchgear Market is influenced by several factors, including the increasing global demand for electrical power systems and the power generation capacity expansion driven by renewable energy sources. The rise in the number of residential and commercial building projects further fuels demand for switchboards, panels, and distribution panels. Additionally, advancements in smart technologies and digital monitoring are enhancing environmental sustainability and energy-efficient systems. The market benefits from innovations such as solid-state circuit breakers, air-insulated switchgear, and monitoring and control platforms that address overloads, short circuits, and electrical faults. Both multinational firms and specialized manufacturers are driving this growth by integrating smart grid solutions into electrical circuits and electrical networks.

Switchgear and Switchboard Apparatus Market Overview

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Switchgear and Switchboard Apparatus Market Segmentation

The Switchgear and Switchboard Apparatus market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.

Power Rating Outlook
- Medium voltage (2-36 kV)
- High voltage (above 36 kV)
- Low voltage (up to 1 kV)
Type Outlook
- GIS (gas insulated switchgear)
- AIS (air insulated switchgear)
- Others
Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Argentina
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Power Rating Segment Analysis

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Power Rating
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global switchgear and switchboard apparatus market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global switchgear and switchboard apparatus market 2018 - 2022 ($ billion)

4.2 Power Rating Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Power Rating Segment 2018 - 2022 ($ billion)

4.3 Type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Power Rating

6.1 Market segments
- Exhibit 30: Chart on Power Rating - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Power Rating - Market share 2023-2028 (%)

6.2 Comparison by Power Rating
- Exhibit 32: Chart on Comparison by Power Rating
- Exhibit 33: Data Table on Comparison by Power Rating

6.3 Medium voltage (2-36 kV) - Market size and forecast 2023-2028
- Exhibit 34: Chart on Medium voltage (2-36 kV) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Medium voltage (2-36 kV) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Medium voltage (2-36 kV) - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Medium voltage (2-36 kV) - Year-over-year growth 2023-2028 (%)

6.4 High voltage (above 36 kV) - Market size and forecast 2023-2028
- Exhibit 38: Chart on High voltage (above 36 kV) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on High voltage (above 36 kV) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on High voltage (above 36 kV) - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on High voltage (above 36 kV) - Year-over-year growth 2023-2028 (%)

6.5 Low voltage (up to 1 kV) - Market size and forecast 2023-2028
- Exhibit 42: Chart on Low voltage (up to 1 kV) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Low voltage (up to 1 kV) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Low voltage (up to 1 kV) - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Low voltage (up to 1 kV) - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by Power Rating
- Exhibit 46: Market opportunity by Power Rating ($ billion)
- Exhibit 47: Data Table on Market opportunity by Power Rating ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 48: Chart on Type - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Type - Market share 2023-2028 (%)

7.2 Comparison by Type
- Exhibit 50: Chart on Comparison by Type
- Exhibit 51: Data Table on Comparison by Type

7.3 GIS (gas insulated switchgear) - Market size and forecast 2023-2028
- Exhibit 52: Chart on GIS (gas insulated switchgear) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on GIS (gas insulated switchgear) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on GIS (gas insulated switchgear) - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on GIS (gas insulated switchgear) - Year-over-year growth 2023-2028 (%)

7.4 AIS (air insulated switchgear) - Market size and forecast 2023-2028
- Exhibit 56: Chart on AIS (air insulated switchgear) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on AIS (air insulated switchgear) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on AIS (air insulated switchgear) - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on AIS (air insulated switchgear) - Year-over-year growth 2023-2028 (%)

7.5 Others - Market size and forecast 2023-2028
- Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by Type
- Exhibit 64: Market opportunity by Type ($ billion)
- Exhibit 65: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2023-2028 (%)
- Exhibit 68: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028
- Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 North America - Market size and forecast 2023-2028
- Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.7 South America - Market size and forecast 2023-2028
- Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.8 China - Market size and forecast 2023-2028
- Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)

9.9 US - Market size and forecast 2023-2028
- Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)

9.10 Germany - Market size and forecast 2023-2028
- Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.11 India - Market size and forecast 2023-2028
- Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)

9.12 France - Market size and forecast 2023-2028
- Exhibit 107: Chart on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 108: Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 109: Chart on France - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on France - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ billion)
- Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption

11.4 Industry risks
- Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 117: Vendors covered

12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification

12.3 ABB Ltd.
- Exhibit 119: ABB Ltd. - Overview
- Exhibit 120: ABB Ltd. - Business segments
- Exhibit 121: ABB Ltd. - Key offerings
- Exhibit 122: ABB Ltd. - Segment focus

12.4 Bharat Heavy Electricals Ltd.
- Exhibit 123: Bharat Heavy Electricals Ltd. - Overview
- Exhibit 124: Bharat Heavy Electricals Ltd. - Business segments
- Exhibit 125: Bharat Heavy Electricals Ltd. - Key news
- Exhibit 126: Bharat Heavy Electricals Ltd. - Key offerings
- Exhibit 127: Bharat Heavy Electricals Ltd. - Segment focus

12.5 CG Power and Industrial Solutions Ltd.
- Exhibit 128: CG Power and Industrial Solutions Ltd. - Overview
- Exhibit 129: CG Power and Industrial Solutions Ltd. - Business segments
- Exhibit 130: CG Power and Industrial Solutions Ltd. - Key offerings
- Exhibit 131: CG Power and Industrial Solutions Ltd. - Segment focus

12.6 Eaton Corp. Plc
- Exhibit 132: Eaton Corp. Plc - Overview
- Exhibit 133: Eaton Corp. Plc - Business segments
- Exhibit 134: Eaton Corp. Plc - Key news
- Exhibit 135: Eaton Corp. Plc - Key offerings
- Exhibit 136: Eaton Corp. Plc - Segment focus

12.7 General Electric Co.
- Exhibit 137: General Electric Co. - Overview
- Exhibit 138: General Electric Co. - Business segments
- Exhibit 139: General Electric Co. - Key news
- Exhibit 140: General Electric Co. - Key offerings
- Exhibit 141: General Electric Co. - Segment focus

12.8 Havells India Ltd.
- Exhibit 142: Havells India Ltd. - Overview
- Exhibit 143: Havells India Ltd. - Business segments
- Exhibit 144: Havells India Ltd. - Key news
- Exhibit 145: Havells India Ltd. - Key offerings
- Exhibit 146: Havells India Ltd. - Segment focus

12.9 Hitachi Ltd.
- Exhibit 147: Hitachi Ltd. - Overview
- Exhibit 148: Hitachi Ltd. - Business segments
- Exhibit 149: Hitachi Ltd. - Key news
- Exhibit 150: Hitachi Ltd. - Key offerings
- Exhibit 151: Hitachi Ltd. - Segment focus

12.10 Hubbell Inc.
- Exhibit 152: Hubbell Inc. - Overview
- Exhibit 153: Hubbell Inc. - Business segments
- Exhibit 154: Hubbell Inc. - Key offerings
- Exhibit 155: Hubbell Inc. - Segment focus

12.11 Hyosung Corp.
- Exhibit 156: Hyosung Corp. - Overview
- Exhibit 157: Hyosung Corp. - Product / Service
- Exhibit 158: Hyosung Corp. - Key news
- Exhibit 159: Hyosung Corp. - Key offerings

12.12 Hyundai Electric and Energy Systems Co. Ltd.
- Exhibit 160: Hyundai Electric and Energy Systems Co. Ltd. - Overview
- Exhibit 161: Hyundai Electric and Energy Systems Co. Ltd. - Product / Service
- Exhibit 162: Hyundai Electric and Energy Systems Co. Ltd. - Key offerings

12.13 Legrand SA
- Exhibit 163: Legrand SA - Overview
- Exhibit 164: Legrand SA - Business segments
- Exhibit 165: Legrand SA - Key offerings
- Exhibit 166: Legrand SA - Segment focus

12.14 Mitsubishi Electric Corp.
- Exhibit 167: Mitsubishi Electric Corp. - Overview
- Exhibit 168: Mitsubishi Electric Corp. - Business segments
- Exhibit 169: Mitsubishi Electric Corp. - Key news
- Exhibit 170: Mitsubishi Electric Corp. - Key offerings
- Exhibit 171: Mitsubishi Electric Corp. - Segment focus

12.15 Powell Industries Inc.
- Exhibit 172: Powell Industries Inc. - Overview
- Exhibit 173: Powell Industries Inc. - Product / Service
- Exhibit 174: Powell Industries Inc. - Key offerings

12.16 Schneider Electric SE
- Exhibit 175: Schneider Electric SE - Overview
- Exhibit 176: Schneider Electric SE - Business segments
- Exhibit 177: Schneider Electric SE - Key news
- Exhibit 178: Schneider Electric SE - Key offerings
- Exhibit 179: Schneider Electric SE - Segment focus

12.17 Siemens AG
- Exhibit 180: Siemens AG - Overview
- Exhibit 181: Siemens AG - Business segments
- Exhibit 182: Siemens AG - Key news
- Exhibit 183: Siemens AG - Key offerings
- Exhibit 184: Siemens AG - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 185: Inclusions checklist
- Exhibit 186: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 187: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 188: Research methodology
- Exhibit 189: Validation techniques employed for market sizing
- Exhibit 190: Information sources