Press release
Air Insulated Switchgear Industry Analysis and Foresight Report to 2023
Market HighlightsAir insulated switchgears have been in use for years before the introduction of others such gas insulated switchgear. They are popular wherever space restrictions and environmental circumstances are not an issue. Rapid urbanization and low capital investment of air insulated switchgear are driving the demand of 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.
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Market Research Analysis
On the basis of regions, the global air insulated switchgear market is segmented as North America, Europe, Asia-Pacific and RoW. Asia-Pacific region dominates the air insulated switchgear market. The demand of air insulated switchgear market in Asia-Pacific region is driven by the rapid growth in industrialization, urbanization, and construction & infrastructure activities as well as it is driven by the growing renewable sector in the region. In Asia-Pacific region, China, India, Malaysia, and Indonesia are major markets for air insulated switchgear.
Europe and North America is also expected to contribute significantly to the global air insulated switchgear market. Upgradation of existing power infrastructure network is driving the demand of air insulated switchgear in these regions.
Key Players
• 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 Private Limited (India),
• Yokogawa Electric Corporation (Japan),
• SwitchGear Company (Belgium)
• EPE Switchgear (M) Sdn. Bhd. (Malaysia).
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Air Insulated Switchgear Market Research Report - Forecast to 2023”
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Scope of the Report
This study provides an overview of the global air insulated switchgear market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
The scope of the study segments the global Air insulated switchgear market as installation, power range and application.
By Installation
o Indoor
o Outdoor
By Power Range
o 3–24 kV
o Above 24 kV
By Application
o Distribution Utilities
o Oil & Gas
o Infrastructure & Transportation
o others
Table of Content
1.Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Air Insulated Switchgear Market, By Power Range
4.1 3-24 kV
4.2 Above 24 kV
5 Global Air Insulated Switchgear Market, By Installation
Continue…….
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Market Research Future
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