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High Voltage Switchgear Market Overview, Various Segments, Business Developments And Forecast 2030
High Voltage Switchgear Market
The high voltage switchgear market report describes and explains the global high voltage switchgear market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The high voltage switchgear market consists of sales of high voltage switchgear and related services. The high voltage switchgear are electrical equipment used in an electrical path to deal with voltage above 36kV and are designed to perform some operations such as control, regulate, and switch on/off as needed in electric circuit.
The global high voltage switchgear market is expected to grow from $11.31 billion in 2020 to $11.85 billion in 2021 at a compound annual growth rate (CAGR) of 4.8%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $14.19 billion in 2025 at a CAGR of 5%.
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Some of the major players of the high voltage switchgear market are ABB Ltd., General Electric, Company Crompton Greaves Limited, Fuji Electric, Hitachi, Hyosung Corporation, Mitsubishi Electric Corporation, Toshiba Electric Corporation, Siemens AG, Eaton Corporation.
The countries covered in the global high voltage switchgear market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global high voltage switchgear market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global high voltage switchgear market is segmented -
1) By Insulation type: Gas Insulated, Oil Insulated, Air Insulated
2) By Application: Transmission And Distribution Network, Manufacturing & Processing, Infrastructure & Transportation
3) By Product Standard: IEC Stardard, ANSI Standard
4) By Component: Circuit Breakers, Relays, Other
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Few Points From Table Of Content
1. Executive Summary
2. High Voltage Switchgear Market Characteristics
3. High Voltage Switchgear Market Trends And Strategies
4. Impact Of COVID-19 On High Voltage Switchgear
5. High Voltage Switchgear Market Size And Growth
.....
27. High Voltage Switchgear Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The High Voltage Switchgear Market
29. High Voltage Switchgear Market Future Outlook and Potential Analysis
30. Appendix
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