Medium Voltage Switchgear Market
Medium Voltage Switchgear Market - Global Industry Assessment & Forecast
#
Pages:
189
Base Year:
2023
Jul - 2024
Format:
Report Code:
VMR-VMR-2021-0746
Segments Covered
By
Voltage 3kV - 5kV, 6kV - 15kV, 16kV - 27kV, 28kV - 40kV
-
By
Current Type AC, DC
-
By
Insulation Type Air Insulated Switchgear, Gas Insulated Switchgear, Others (Oil and Solids)
-
By
Application Transmission and Distribution Utilities, Commercial and Residential, Other Applications
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 81.3 Billion |
 Revenue 2032:
|
USD 141.3 Billion |
 Revenue CAGR
(2024 - 2032): |
6.33% |
Fastest Growing Region (2024 -
2032)
|
Asia Pacific |
Largest Region (2023):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Medium Voltage Switchgear Market Segment Analysis
- Medium Voltage Switchgear Voltage Outlook (Revenue, USD Million, 2018 - 2030)
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Medium Voltage Switchgear Current Type Outlook (Revenue, USD Million, 2018 - 2030)
- AC
- DC
- Medium Voltage Switchgear Insulation Type Outlook (Revenue, USD Million, 2018 - 2030)
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Medium Voltage Switchgear Application Outlook (Revenue, USD Million, 2018 - 2030)
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
-
North America Medium Voltage Switchgear Market, by Current Type
- AC
- DC
-
North America Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
-
North America Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- U.S.
- U.S. Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- U.S. Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- U.S. Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- U.S. Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- U.S. Medium Voltage Switchgear Market, by Voltage
- Canada
- Canada Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Canada Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Canada Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Canada Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Canada Medium Voltage Switchgear Market, by Voltage
-
Mexico
- Mexico Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Mexico Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Mexico Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Mexico Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Mexico Medium Voltage Switchgear Market, by Voltage
-
North America Medium Voltage Switchgear Market, by Voltage
- Europe
-
Europe Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
-
Europe Medium Voltage Switchgear Market, by Current Type
- AC
- DC
-
Europe Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
-
Europe Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- U. K.
- U.K. Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- U.K. Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- U.K. Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- U.K. Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- U.K. Medium Voltage Switchgear Market, by Voltage
- France
- France Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- France Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- France Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- France Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- France Medium Voltage Switchgear Market, by Voltage
-
Germany
- Germany Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Germany Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Germany Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Germany Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Germany Medium Voltage Switchgear Market, by Voltage
-
Italy
- Italy Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Italy Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Italy Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Italy Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Italy Medium Voltage Switchgear Market, by Voltage
-
Spain
- Spain Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Spain Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Spain Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Spain Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Spain Medium Voltage Switchgear Market, by Voltage
-
Rest of Europe
- Rest of Europe Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Rest of Europe Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Rest of Europe Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Rest of Europe Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Rest of Europe Medium Voltage Switchgear Market, by Voltage
-
Europe Medium Voltage Switchgear Market, by Voltage
- Asia Pacific
-
Asia Pacific Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
-
Asia Pacific Medium Voltage Switchgear Market, by Current Type
- AC
- DC
-
Asia Pacific Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
-
Asia Pacific Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- China
- China Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- China Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- China Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- China Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- China Medium Voltage Switchgear Market, by Voltage
- Japan
- Japan Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Japan Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Japan Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Japan Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Japan Medium Voltage Switchgear Market, by Voltage
-
Germany
- Germany Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Germany Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Germany Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Germany Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Germany Medium Voltage Switchgear Market, by Voltage
-
India
- India Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- India Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- India Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- India Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- India Medium Voltage Switchgear Market, by Voltage
-
South Korea
- South Korea Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- South Korea Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- South Korea Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- South Korea Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- South Korea Medium Voltage Switchgear Market, by Voltage
-
South East Asia
- South East Asia Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- South East Asia Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- South East Asia Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- South East Asia Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- South East Asia Medium Voltage Switchgear Market, by Voltage
-
Rest of Asia Pacific
- Rest of Asia Pacific Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Rest of Asia Pacific Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Rest of Asia Pacific Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Rest of Asia Pacific Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Rest of Asia Pacific Medium Voltage Switchgear Market, by Voltage
-
Asia Pacific Medium Voltage Switchgear Market, by Voltage
- Latin America
-
Latin America Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
-
Latin America Medium Voltage Switchgear Market, by Current Type
- AC
- DC
-
Latin America Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
-
Latin America Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Brazil
- Brazil Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Brazil Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Brazil Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Brazil Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Brazil Medium Voltage Switchgear Market, by Voltage
- Argentina
- Argentina Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Argentina Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Argentina Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Argentina Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Argentina Medium Voltage Switchgear Market, by Voltage
-
Rest of Latin America
- Rest of Latin America Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Rest of Latin America Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Rest of Latin America Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Rest of Latin America Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Rest of Latin America Medium Voltage Switchgear Market, by Voltage
-
Latin America Medium Voltage Switchgear Market, by Voltage
- Middle East & Africa
-
Middle East & Africa Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
-
Middle East & Africa Medium Voltage Switchgear Market, by Current Type
- AC
- DC
-
Middle East & Africa Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
-
Middle East & Africa Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- GCC Countries
- GCC Countries Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- GCC Countries Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- GCC Countries Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- GCC Countries Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- GCC Countries Medium Voltage Switchgear Market, by Voltage
- South Africa
- South Africa Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- South Africa Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- South Africa Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- South Africa Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- South Africa Medium Voltage Switchgear Market, by Voltage
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Medium Voltage Switchgear Market, by Voltage
- 3kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 40kV
- Rest of Middle East & Africa Medium Voltage Switchgear Market, by Current Type
- AC
- DC
- Rest of Middle East & Africa Medium Voltage Switchgear Market, by Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil and Solids)
- Rest of Middle East & Africa Medium Voltage Switchgear Market, by Application
- Transmission and Distribution Utilities
- Commercial and Residential
- Other Applications
- Rest of Middle East & Africa Medium Voltage Switchgear Market, by Voltage
-
Middle East & Africa Medium Voltage Switchgear Market, by Voltage
- North America
FAQ
Frequently Asked Question
What is the global demand for Medium Voltage Switchgear in terms of revenue?
-
The global Medium Voltage Switchgear valued at USD 81.3 Billion in 2023 and is expected to reach USD 141.3 Billion in 2032 growing at a CAGR of 6.33%.
Which are the prominent players in the market?
-
The prominent players in the market are Powell Industries (U.S.), ABB Ltd. (Switzerland), Hyundai Electric & Energy Systems Co. Ltd. (South Korea), Ormazabal (Spain), Hyosung Heavy Industries (South Korea), Mitsubishi Electric Corp. (Japan), General Electric (U.S.), Bharat Heavy Industries Ltd. (India), SENTEG GmbH (Germany), Fuji Electric Co. Ltd. (Japan), Siemens AG (Germany), Eaton Corp. (U.S.), Chint Group (Singapore), Schneider Electric (France), Lucky Group Ltd., Jyothi Ltd. (India), TOSHIBA Corporation (Japan).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.33% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Medium Voltage Switchgear include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Medium Voltage Switchgear in 2023.
