openPR Logo
Press release

Switchgear Market to record substantial gains by 2026 | By key participants Toshiba, ABB, GE, Mitsubishi Electric Systems, Siemens AG

06-02-2020 07:34 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Switchgear Market to record substantial gains by 2026 | By key

The global switchgear market is poised to bring in significant revenue growth with opportunities in residential, commercial, industrial, and utilities sectors. Switchgear is an apparatus which is mostly used for controlling, switching as well as protecting the electrical circuits and equipment. The isolator, fuses, relays, lightning arresters, switches, circuit breaker, control panels, indicating instrument and potential and current transformer are some of the examples of the switchgear devices.

Functions of switchgear include clearing the fault current, carrying the normal load current, and making or breaking the normal load current.

Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/317

The switchgear system is linked to the supply system directly. It is placed in both high and low voltage side of the power transformer. The switchgear is utilized for de-energizing the equipment for testing as well as maintenance and for clearing the fault. When the fault occurs in the power system, usually heavy current flows through equipment due to which the equipment gets damaged, and the service also gets interrupted. In order to protect the lines, transformers, generators, as well as other electrical equipment from damage, switchgear or automatic protective devices are required.

Depending on the voltage levels and economic viability, switchgear can be of two types namely outdoor or indoor types. Among these, the indoor switchgear is generally used for medium voltages and is enclosed in a metal enclosure which is grounded. Indoor switchgear is generally gas insulated system and is employed where the air is dust laden and corrosive, and cost of land is high.

The global switchgear market is segmented in terms of voltage, insulation, installation, current, application, and regional landscape.

Based on voltage, the market is classified into low voltage, medium voltage, and high voltage. Electrical switchgear rated up to 1 KV is low voltage switchgear. The term low-voltage switchgear includes off load electrical isolators, earth leakage circuit breaker, low voltage circuit breakers, switches, MCCB (molded case circuit breakers), HRC fuses, and MCB (miniature circuit breakers).

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/317

Medium voltage switchgear is rated from 3 KV to 36 KV. The main requirement of medium voltage switchgear is to interrupt current during faulty condition regardless of what type of CB is utilized in the medium switchgear system. Voltage power of above 36 KV is referred as high voltage. The main component in high voltage switchgear is the high voltage circuit breaker.

From a regional frame of reference, Middle East & Africa switchgear market will observe growing need for restoration and refurbishment of existing electrical setup and increasing investments throughout energy infrastructure field, thereby augmenting the business growth across the region. Increasing energy demand coupled with large scale urbanization across Latin America is considerably driving the need for the integration of a sustainable electric infrastructure.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email:sales@gminsights.com
Web:www.gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Switchgear Market to record substantial gains by 2026 | By key participants Toshiba, ABB, GE, Mitsubishi Electric Systems, Siemens AG here

News-ID: 2064390 • Views: 428

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

All 5 Releases


More Releases for Switchgear

GCC Medium Voltage Switchgear Market (2017-2023)
Increasing infrastructure development activities, rising commercial sector and large scale investments in the power transmission & distribution network are the major factors that would drive the market of medium voltage switchgear market in GCC region. According to 6Wresearch, GCC Medium Voltage Switchgear Market is projected to reach $1.4 Billion by 2023. Medium voltage switchgear market in GCC has witnessed robust growth over the past five years due to growing electricity
Switchgear
Planet Market Reports has added a report, titled, “Global Switchgear Outlook, For Outdoor Power Market Forecast to 2023.” Planet Market Reports projects that the Switchgear market size will grow from USD 88.49 Billion in 2017 to USD 134.14 Billion by 2023, at an estimated CAGR of 7.18%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023. Get More Information about this Report
Thailand Switchgear Market (2018-2024)-6wresearch
Expanding Power Generation Capacity, Rising Infrastructure Development Along with Government Initiatives towards Industrial Growth Would Fuel Thailand Switchgear Market During the 2018-24 - 6Wresearch Government initiatives such as Power Development Plan and Alternative Energy Development Plan aims to increase Thailand's power generation and transmission capacity in order to cope up with growing energy demand. With development of Power transmission and distribution network, demand for switchgear would also surge over the next
Medium Voltage Switchgear Market
Attributable to the nearness of worldwide and provincial merchants, this market is divided. They sellers in the market are contending based particle the cost, item offering and dispatch of new item in the market. The expansive firms in the market are having significant offer because of variables, for example, item plan, quality, turnaround time, administrations offered, highlights of the item, and upkeep of client connections. Major organizations in the worldwide
Myanmar Switchgear Market (2018-2024)-6Wresearch
Increasing Access to Electrification along with Strengthening Power Sector Would Drive the Myanmar Switchgear Market – 6Wresearch Construction of new housing units, development of several large-scale transportation infrastructure projects as well as strengthening of the power infrastructure in the country are some of the top objectives of the NLD government in Myanmar over the coming years. Initiatives such as the Myanmar National Electrification Plan have been adopted with an aim to
Cambodia Switchgear Market (2018-2024)-6Wresearch
Expansion in Power Transmission and Distribution Network, Growing Construction Industry Along with Rising Commercial Sector Would Fuel the Growth of Switchgear During 2018-24 - 6Wresearch Power transmission and distribution network in Cambodia is anticipated to witness significant growth on account of power sector development initiatives such as Power to the Poor Program, Rural Electrification Initiative and Solar Home System Program. Additionally, development of new commercial and residential projects and growing urbanization