Press release
Air Insulated Switchgear Market 2018-2023 | Prominent Players – ABB Ltd., Schneider Electric SE, Eaton Corporation, PLC, Siemens AG, General Electric Company, Lucy Electric Limited, TBEA Energy Private Limited, Yokogawa Electric Corporation, SwitchGear
Air insulated switchgear are popular wherever space restrictions and environmental circumstances are not an issue. They have been in use for years before the introduction of others. It is used for medium voltage distribution in compact substations, small buildings, residential housing complex etc. Increase in demand of electricity across the globe, is the primary driving factor of air insulated switchgear market. Moreover, the rising demand for renewable energy is also fueling the demand of air insulated switchgear. However, the availability of other alternatives such as gas insulated switchgear, is a restrain the growth of global air insulated switchgear market.
The global air insulated switchgear market is projected to grow at a CAGR of 4.5% from 2017 to 2023, to reach the market size of USD 8.73 billion by 2023.
Study Objectives of Global Air Insulated Switchgear Market
• To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global air insulated switchgear market
• To provide insights about factors affecting the market growth
• To analyze the global air insulated switchgear market based on various tools such as Price Analysis, Supply Chain Analysis, Porter’s Five Forces Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market segmented, by installation, by power range, by applications, and by regions
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the air insulated switchgear market
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Regional Analysis
The global air insulated switchgear market spans across the regions of North America, Europe, Asia Pacific, and the Rest of the World (RoW). Asia Pacific is at the forefront of the global air insulated switchgear market followed by Europe. Rapid industrialization and growth of the renewable sector in Asia Pacific regions result in increased demand for air insulated switchgear market. The Asia Pacific market is expected to grow at the fastest rate over the forecast period. Europe is another strong market for air insulated switchgear and is expected to exhibit positive growth due to up gradation of existing infrastructure.
Key Players
The key players of global air insulated switchgear market are ABB Ltd. (Switzerland), Schneider Electric SE (France), Eaton Corporation, PLC (Ireland), Siemens AG (Germany), General Electric Company (U.S.), Lucy Electric Limited (U.K.), TBEA Energy (India) Private Limited (India), Yokogawa Electric Corporation (Japan), SwitchGear Company (Belgium) and EPE Switchgear (M) Sdn. Bhd. (Malaysia).
Target Audience
• Manufacturing Organizations
• Distributors & Suppliers
• Environmental Associations
• Government as well as Independent Regulatory Authorities
• Research Institute / Education Institute
• Potential Investors
Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators
Geographic Analysis
• Geographical analysis across 15 countries
Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies
The report for Global Air Insulated Switchgear Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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