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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1334626

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1334626

Global Paralleling Switchgear Market Size study & Forecast, by Channel (Low voltage, medium voltage) by Application (Prime, Standby, Peak Shave, Others), by End Use (Commercial, Industrial, Utilities, Others) and Regional Analysis, 2023-2030

PUBLISHED: August 10, 2023

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DELIVERY TIME: 2-3 business days

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Paralleling switchgear is developed for an operation that requires two or more generators are synchronized and then linked to a shared power source. The system is able to be used at various voltages and contains breaker and control spaces. Paralleling switchgear includes breaker and control sections. These two parts can be used independently or as a single line-up. Additionally, the voltage of this switchgear might be low or medium. Through the use of separated controls, it offers improved reliability, flexible load management, uninterruptible maintenance, and cost savings. It performs as an integrated system that monitors, measures, controls, and switches parts to manage how power is distributed for the system, including an optional standby system, a system for critical operating power, a system for emergency power, and a system for critical operating power under regulations. These sets are usually used in important environments like data centers and hospitals, where power outages might result in fatalities or substantial financial losses. A growth in power consumption as well as continuous technical advancements in the energy industry are the main factors driving the worldwide market for paralleling switchgear. During the projected period, it is predicted that the rapid use of paralleling switchgear in the oil & gas, mining, construction, and telecom industries would propel market expansion.

Moreover, the growing number of data centers is indeed supporting the growth of the Paralleling Switchgear Market. As the demand for data centers continues to rise, there is a corresponding need for reliable and efficient electrical infrastructure to support their operations. Paralleling switchgear plays a vital role in data centers by providing reliable and redundant power distribution. It allows multiple generators to operate in parallel, ensuring continuous power supply even in the event of a generator failure or increased power demand. Thus, the growing data centers is anticipated to support the market growth. According to United States International Trade Commission, as of year 2021 US has the highest number of data center across the globe, the country has reported more than 2,600 data centers in year 2021 spread across the country. Along with these the country is witnessing rise in development and construction of new data centers which is further catering the market growth. Additionally, emerging distributed generation is anticipated to create the lucrative opportunity for the market during forecast period. However, the high cost and availability of competing alternatives stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Paralleling Switchgear Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players, rising number of data centers, and growing technological advancement in the region. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as population expansion coupled with a substantial rise in energy consumption has caused the industrial, commercial, and residential infrastructure in the area to rise rapidly. In addition, data center investments, rising urbanization, rising demand from the construction, and telecom.

Major market player included in this report are:

Caterpillar Inc.
Schneider Electric SE
Advanced Power Technologies
General Electric Company
Industrial Electric Mfg
Russelectric Inc.
Cummins Inc
Pioneer Power Solutions
Regal Beloit Corporation
Enercon Engineering, Inc.

Recent Developments in the Market:

Global Paralleling Switchgear Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Channel, Application, End Use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Channel:

Low voltage
Medium voltage

By Application:

Prime
Standby
Peak Shave
Others

By End Use:

Commercial
Industrial
Utilities
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Paralleling Switchgear Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Paralleling Switchgear Market, by Channel, 2020-2030 (USD Billion)
- 1.2.3. Paralleling Switchgear Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Paralleling Switchgear Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Paralleling Switchgear Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Paralleling Switchgear Market Dynamics

3.1. Paralleling Switchgear Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing Need for Reliable and Uninterrupted Power Supply
  - 3.1.1.2. Growth in Healthcare, Data Centres, and BFSI Sector
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost and Availability of Competing Alternatives
- 3.1.3. Market Opportunities
  - 3.1.3.1. Emerging Distributed Generation

Chapter 4. Global Paralleling Switchgear Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Paralleling Switchgear Market, by Channel

5.1. Market Snapshot
5.2. Global Paralleling Switchgear Market by Channel, Performance - Potential Analysis
5.3. Global Paralleling Switchgear Market Estimates & Forecasts by Channel 2020-2030 (USD Billion)
5.4. Paralleling Switchgear Market, Sub Segment Analysis
- 5.4.1. Low voltage
- 5.4.2. Medium voltage

Chapter 6. Global Paralleling Switchgear Market, by Application

6.1. Market Snapshot
6.2. Global Paralleling Switchgear Market by Application, Performance - Potential Analysis
6.3. Global Paralleling Switchgear Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Paralleling Switchgear Market, Sub Segment Analysis
- 6.4.1. Prime
- 6.4.2. Standby
- 6.4.3. Peak Shave
- 6.4.4. Others

Chapter 7. Global Paralleling Switchgear Market, by End Use

7.1. Market Snapshot
7.2. Global Paralleling Switchgear Market by End Use, Performance - Potential Analysis
7.3. Global Paralleling Switchgear Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
7.4. Paralleling Switchgear Market, Sub Segment Analysis
- 7.4.1. Commercial
- 7.4.2. Industrial
- 7.4.3. Utilities
- 7.4.4. Others

Chapter 8. Global Paralleling Switchgear Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Paralleling Switchgear Market, Regional Market Snapshot
8.4. North America Paralleling Switchgear Market
- 8.4.1. U.S. Paralleling Switchgear Market
  - 8.4.1.1. Channel breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End Use breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Paralleling Switchgear Market
8.5. Europe Paralleling Switchgear Market Snapshot
- 8.5.1. U.K. Paralleling Switchgear Market
- 8.5.2. Germany Paralleling Switchgear Market
- 8.5.3. France Paralleling Switchgear Market
- 8.5.4. Spain Paralleling Switchgear Market
- 8.5.5. Italy Paralleling Switchgear Market
- 8.5.6. Rest of Europe Paralleling Switchgear Market
8.6. Asia-Pacific Paralleling Switchgear Market Snapshot
- 8.6.1. China Paralleling Switchgear Market
- 8.6.2. India Paralleling Switchgear Market
- 8.6.3. Japan Paralleling Switchgear Market
- 8.6.4. Australia Paralleling Switchgear Market
- 8.6.5. South Korea Paralleling Switchgear Market
- 8.6.6. Rest of Asia Pacific Paralleling Switchgear Market
8.7. Latin America Paralleling Switchgear Market Snapshot
- 8.7.1. Brazil Paralleling Switchgear Market
- 8.7.2. Mexico Paralleling Switchgear Market
8.8. Middle East & Africa Paralleling Switchgear Market
- 8.8.1. Saudi Arabia Paralleling Switchgear Market
- 8.8.2. South Africa Paralleling Switchgear Market
- 8.8.3. Rest of Middle East & Africa Paralleling Switchgear Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Caterpillar Inc.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Schneider Electric SE
- 9.3.3. Advanced Power Technologies
- 9.3.4. General Electric Company
- 9.3.5. Industrial Electric Mfg
- 9.3.6. Russelectric Inc.
- 9.3.7. Cummins Inc
- 9.3.8. Pioneer Power Solutions
- 9.3.9. Regal Beloit Corporation
- 9.3.10. Enercon Engineering, Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Paralleling Switchgear Market, report scope
TABLE 2. Global Paralleling Switchgear Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Paralleling Switchgear Market estimates & forecasts by Channel 2020-2030 (USD Billion)
TABLE 4. Global Paralleling Switchgear Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Paralleling Switchgear Market estimates & forecasts by End Use 2020-2030 (USD Billion)
TABLE 6. Global Paralleling Switchgear Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Paralleling Switchgear Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Paralleling Switchgear Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Paralleling Switchgear Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Paralleling Switchgear Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Paralleling Switchgear Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Paralleling Switchgear Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Paralleling Switchgear Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Paralleling Switchgear Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Paralleling Switchgear Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Paralleling Switchgear Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Paralleling Switchgear Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Paralleling Switchgear Market
TABLE 71. List of primary sources, used in the study of global Paralleling Switchgear Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Paralleling Switchgear Market, research methodology
FIG 2. Global Paralleling Switchgear Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Paralleling Switchgear Market, key trends 2022
FIG 5. Global Paralleling Switchgear Market, growth prospects 2023-2030
FIG 6. Global Paralleling Switchgear Market, porters 5 force model
FIG 7. Global Paralleling Switchgear Market, pest analysis
FIG 8. Global Paralleling Switchgear Market, value chain analysis
FIG 9. Global Paralleling Switchgear Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Paralleling Switchgear Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Paralleling Switchgear Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Paralleling Switchgear Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Paralleling Switchgear Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Paralleling Switchgear Market, regional snapshot 2020 & 2030
FIG 15. North America Paralleling Switchgear Market 2020 & 2030 (USD Billion)
FIG 16. Europe Paralleling Switchgear Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Paralleling Switchgear Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Paralleling Switchgear Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Paralleling Switchgear Market 2020 & 2030 (USD Billion)