openPR Logo
Press release

Switchgear Market Comprehensive Study Explores Huge Growth 2027 | ABB, Hyosung, Alstom, CG Power and Industrial Solutions, Hitachi

02-23-2021 12:36 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

Global Switchgear Market Insights And Forecast To 2026

The report titled “Switchgear Market” report will be very useful to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, SWOT analysis, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.

Top Key Players:

ABB, Hyosung, Alstom, CG Power and Industrial Solutions, Hitachi, Hyundai Heavy Industries, Schneider Electric, Siemens, Eaton, General Electric, Toshiba, Mitsubishi Electric, Powell Industries, TE Connectivity, Larsen & Toubro, Elektrobudowa, Zpue, Lucy Electric, Hawker Siddeley Switchgear, Sel

Get a sample copy before purchase: (Up-to 25% OFF)

https://www.marketinsightsreports.com/reports/07312193886/global-switchgear-market-insights-and-forecast-to-2026/inquiry?source=openpr&Mode=70  

The global switchgear market is expected to register a CAGR of 7% during the forecast period (2021 - 2026). The rising energy demand to encourage rapid urbanization and the new generation mix is expected to propel the switchgear market. Switchgear equipment is fundamentally used in the complex electrical substations to withstand fluctuating operating voltage in highly volatile environmental conditions.   

Segment by Type, the Switchgear market is segmented into
Below 1 kV
1-36 kV
36-72.5 kV
Below 1 kV

Segment by Application, the Switchgear market is segmented into
Transmission and Distribution Utilities
Manufacturing and Process Industries
Commercial and Residential Infrastructure

Industry News:

- In April 2020 - ABB expanded its UniGear medium-voltage switchgear portfolio by introducing UniGear ZS1 63 kA, which further strengthens the portfolio. It can be used for demanding applications, like power stations and steel, oil and gas, and chemical plants.
- In Jan 2020 - Siemens AG acquired New Delhi-based switchgear and power equipment major, C&S Electric Limited, for around INR 2,100 crore (approximately EUR 267 million). The acquisition comprises the Indian operations of C&S Electric's low-voltage switchgear components and panels, low and medium voltage power busbars, and protection and metering devices businesses.

Regional Analysis For Switchgear Market:

The report provides a detailed breakdown of the market region-wise and categorizes it at various levels. Regional segment analysis displaying regional production volume, consumption volume, revenue, and growth rate from 2020-2026 covers: Americas (United States, Canada, Mexico, Brazil), APAC (China, Japan, Korea, Southeast Asia, India, Australia), Europe (Germany, France, UK, Italy, Russia, Spain), Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries)

This research report also presents some significant practical oriented case studies which help to understand the subject matter clearly. This research report has been prepared through industry analysis techniques and presented in a professional manner by including effective info-graphics whenever necessary. It helps to gain stability in the businesses as well as to make the rapid developments to achieve a notable remark in the Global market space.

Browse the report description and TOC:

https://www.marketinsightsreports.com/reports/07312193886/global-switchgear-market-insights-and-forecast-to-2026?source=openpr&Mode=70  

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Switchgear Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Switchgear Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Customization of this Report: This Switchgear report could be customized to the customer’s requirements. Please contact our sales professional (sales@marketinsightsreports.com), we will ensure you obtain the report which works for your needs.

Related Report:

Global Gas-insulated Switchgear Market Insights And Forecast To 2026

https://www.marketinsightsreports.com/reports/08062205024/global-gas-insulated-switchgear-market-insights-and-forecast-to-2026/inquiry?source=openpr&Mode=70

Global Hybrid Switchgear Market Research Report 2020

https://www.marketinsightsreports.com/reports/12172505752/global-hybrid-switchgear-market-research-report-2020/inquiry?source=openpr&Mode=70

Global Electrical Switchgear Market Insights And Forecast To 2026

https://www.marketinsightsreports.com/reports/07202155177/global-electrical-switchgear-market-insights-and-forecast-to-2026/inquiry?source=openpr&Mode=70

Global Underground Distribution Switchgear Market Insights And Forecast To 2026

https://www.marketinsightsreports.com/reports/08242250693/global-underground-distribution-switchgear-market-insights-and-forecast-to-2026/inquiry?source=openpr&Mode=70

Global Medium Voltage Switchgears Market Growth 2020-2025

https://www.marketinsightsreports.com/reports/10192360471/global-medium-voltage-switchgears-market-growth-2020-2025/inquiry?source=openpr&Mode=70

Global Paralleling Switchgear Market Research Report 2020

https://www.marketinsightsreports.com/reports/11042418010/global-paralleling-switchgear-market-research-report-2020/inquiry?source=openpr&Mode=70

Contact US :

Irfan Tamboli (Head of Sales)
Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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 Comprehensive Study Explores Huge Growth 2027 | ABB, Hyosung, Alstom, CG Power and Industrial Solutions, Hitachi here

News-ID: 2247092 • Views: 311

More Releases from Market Insights Reports

Flexible Display Market Outlook and Opportunities in Grooming Regions : Edition …
The Flexible Display market outlook looks extremely promising is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The report presents the
Enterprise AI Market Is Booming Worldwide | Leading Key Players -IBM, Microsoft …
The Enterprise AI market outlook looks extremely promising is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The report presents the
Sales Force Automation Market Growth Opportunities, Rising Trends and Global Ind …
Global Sales Force Automation Market Research Report with Opportunities And Strategies To Boost Growth- COVID-19 Impact And Recovery Sales force automation is a technique of using software to automate the business tasks of sales, including order processing, contact management, information sharing, inventory monitoring and control, order tracking, customer management, sales forecast analysis and employee performance evaluation. Based on the Sales Force Automation market development status, competitive landscape and development model in different
Block Brushes Market 2021 Global Insights and Business Scenario – Gordon Brush …
Global Block Brushes Market Size, Status and Forecast 2021-2026 The Block Brushes market report provides overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. The structured analysis contains graphical as well as a diagrammatic

All 5 Releases


More Releases for Switchgear

Global Medium Switchgear Market | Global Medium Switchgear Industry | Medium Swi …
Medium voltage switchgear market comprises of sales of medium voltage switchgear & related services that manufacture the medium voltage switchgear which are electrical switchgear rated between 2KV and 36KV. Medium voltage switchgear is a combination of electrical switches, fuses/circuit breakers used to function, secure and separate electrical equipment. It is used for providing protection to different electric motor control systems that installed in different end user segments. According to study,
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
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