Switchgear Market
Switchgear Market - Global Industry Assessment & Forecast
Segments Covered
- By Insulation AIS, GIS
- By Voltage <1 kV, 1-36 kV, >36 kV
- By End User T&D Utilities, Industries, Commercial & Residential, Ohers
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 71.33 Billion |
Revenue 2030: | USD 104.61 Billion |
Revenue CAGR (2023 - 2030): | 4.90% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | 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
Switchgear Market Segment Analysis
- Switchgear Insulation Outlook (Revenue, USD Million, 2018 - 2030)
- AIS
- GIS
- Switchgear Voltage Outlook (Revenue, USD Million, 2018 - 2030)
- <1 kV
- 1-36 kV
- >36 kV
- Switchgear End User Outlook (Revenue, USD Million, 2018 - 2030)
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Switchgear Market, by Insulation
- AIS
- GIS
-
North America Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
-
North America Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- U.S.
- U.S. Switchgear Market, by Insulation
- AIS
- GIS
- U.S. Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- U.S. Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- U.S. Switchgear Market, by Insulation
- Canada
- Canada Switchgear Market, by Insulation
- AIS
- GIS
- Canada Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Canada Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Canada Switchgear Market, by Insulation
-
Mexico
- Mexico Switchgear Market, by Insulation
- AIS
- GIS
- Mexico Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Mexico Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Mexico Switchgear Market, by Insulation
-
North America Switchgear Market, by Insulation
- Europe
-
Europe Switchgear Market, by Insulation
- AIS
- GIS
-
Europe Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
-
Europe Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- U. K.
- U.K. Switchgear Market, by Insulation
- AIS
- GIS
- U.K. Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- U.K. Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- U.K. Switchgear Market, by Insulation
- France
- France Switchgear Market, by Insulation
- AIS
- GIS
- France Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- France Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- France Switchgear Market, by Insulation
-
Germany
- Germany Switchgear Market, by Insulation
- AIS
- GIS
- Germany Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Germany Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Germany Switchgear Market, by Insulation
-
Italy
- Italy Switchgear Market, by Insulation
- AIS
- GIS
- Italy Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Italy Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Italy Switchgear Market, by Insulation
-
Spain
- Spain Switchgear Market, by Insulation
- AIS
- GIS
- Spain Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Spain Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Spain Switchgear Market, by Insulation
-
Rest of Europe
- Rest of Europe Switchgear Market, by Insulation
- AIS
- GIS
- Rest of Europe Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Rest of Europe Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Rest of Europe Switchgear Market, by Insulation
-
Europe Switchgear Market, by Insulation
- Asia Pacific
-
Asia Pacific Switchgear Market, by Insulation
- AIS
- GIS
-
Asia Pacific Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
-
Asia Pacific Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- China
- China Switchgear Market, by Insulation
- AIS
- GIS
- China Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- China Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- China Switchgear Market, by Insulation
- Japan
- Japan Switchgear Market, by Insulation
- AIS
- GIS
- Japan Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Japan Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Japan Switchgear Market, by Insulation
-
Germany
- Germany Switchgear Market, by Insulation
- AIS
- GIS
- Germany Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Germany Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Germany Switchgear Market, by Insulation
-
India
- India Switchgear Market, by Insulation
- AIS
- GIS
- India Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- India Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- India Switchgear Market, by Insulation
-
South Korea
- South Korea Switchgear Market, by Insulation
- AIS
- GIS
- South Korea Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- South Korea Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- South Korea Switchgear Market, by Insulation
-
South East Asia
- South East Asia Switchgear Market, by Insulation
- AIS
- GIS
- South East Asia Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- South East Asia Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- South East Asia Switchgear Market, by Insulation
-
Rest of Asia Pacific
- Rest of Asia Pacific Switchgear Market, by Insulation
- AIS
- GIS
- Rest of Asia Pacific Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Rest of Asia Pacific Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Rest of Asia Pacific Switchgear Market, by Insulation
-
Asia Pacific Switchgear Market, by Insulation
- Latin America
-
Latin America Switchgear Market, by Insulation
- AIS
- GIS
-
Latin America Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
-
Latin America Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Brazil
- Brazil Switchgear Market, by Insulation
- AIS
- GIS
- Brazil Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Brazil Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Brazil Switchgear Market, by Insulation
- Argentina
- Argentina Switchgear Market, by Insulation
- AIS
- GIS
- Argentina Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Argentina Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Argentina Switchgear Market, by Insulation
-
Rest of Latin America
- Rest of Latin America Switchgear Market, by Insulation
- AIS
- GIS
- Rest of Latin America Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Rest of Latin America Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Rest of Latin America Switchgear Market, by Insulation
-
Latin America Switchgear Market, by Insulation
- Middle East & Africa
-
Middle East & Africa Switchgear Market, by Insulation
- AIS
- GIS
-
Middle East & Africa Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
-
Middle East & Africa Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- GCC Countries
- GCC Countries Switchgear Market, by Insulation
- AIS
- GIS
- GCC Countries Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- GCC Countries Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- GCC Countries Switchgear Market, by Insulation
- South Africa
- South Africa Switchgear Market, by Insulation
- AIS
- GIS
- South Africa Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- South Africa Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- South Africa Switchgear Market, by Insulation
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Switchgear Market, by Insulation
- AIS
- GIS
- Rest of Middle East & Africa Switchgear Market, by Voltage
- <1 kV
- 1-36 kV
- >36 kV
- Rest of Middle East & Africa Switchgear Market, by End User
- T&D Utilities
- Industries
- Commercial & Residential
- Ohers
- Rest of Middle East & Africa Switchgear Market, by Insulation
-
Middle East & Africa Switchgear Market, by Insulation
- North America
FAQ
Frequently Asked Question
What is the global demand for Switchgear in terms of revenue?
-
The global Switchgear valued at USD 71.33 Billion in 2022 and is expected to reach USD 104.61 Billion in 2030 growing at a CAGR of 4.90%.
Which are the prominent players in the market?
-
The prominent players in the market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), GE (US), Eaton (Ireland).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.90% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Switchgear include
- Growth of Smart Electricity Grid Infrastructure
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Switchgear in 2022.