Global Air Insulated Switchgear Market Size study, by Installation by Voltage by Application and Regional Forecasts 2022-2032

Description

List of Tables

Global Air Insulated Switchgear Market is valued approximately USD 66.52 billion in 2023 and is anticipated to grow with a growth rate of more than 5.0% over the forecast period 2024-2032. Air Insulated Switchgear (AIS) is a type of electrical switchgear that uses air as the primary dielectric medium for insulation between live electrical components. It is one of the most common types of switchgear used in electrical power systems due to its simplicity, reliability, and cost-effectiveness. AIS is widely used in medium and high voltage distribution networks to control, protect, and isolate electrical equipment. The key trend of Air Insulated Switchgear market is growing integration Smart Grid that anticipated to support the market growth. Smart grids require advanced switchgear that can support real-time monitoring, control, and communication capabilities. AIS with integrated smart features meets these requirements, driving its adoption. Also, Smart grids emphasize automation and remote operation to improve grid reliability and efficiency. AIS systems that support these functionalities are increasingly in demand.

Moreover, the increasing adoption of renewable energy sources like wind and solar necessitates robust grid infrastructure for integration and distribution. AIS provides reliable switching solutions suitable for renewable energy applications. Also, the Governments and regulatory bodies are implementing stringent safety regulations regarding electrical infrastructure. AIS, being inherently safer compared to other switchgear technologies like Gas Insulated Switchgear (GIS), gains preference in compliance with these regulations. Additionally, with the growing population and industrialization, there's a consistent demand for electricity. AIS facilitates the efficient distribution and transmission of electrical power, thereby driving its demand. However, higher initial costs and competition from gas-insulated switchgear are likely to limit market growth over the projection period 2024-2032.

The key regions considered for the global Air Insulated Switchgear market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the dominating region, in terms of revenue owing to the increasing adoption of renewable energy sources like wind and solar necessitates the expansion and modernization of the electrical grid. AIS is often preferred for renewable energy applications due to its reliability and cost-effectiveness. Also, much of North America's electrical grid infrastructure is aging and in need of replacement or upgrades. AIS provides a reliable and proven solution for upgrading outdated substations and switchyards. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period.

Major market player included in this report are:

General Electric (US)
Siemens (Germany)
Schneider Electric (France)
Mitsubishi Electric Corporation (Japan)
Eaton Corporation (Ireland)
Larsen & Toubro (India)
CG Power and Industrial Solutions Ltd. (India)
Elatec Power Distribution (Germany)
JST Power Equipment (US)
Epe Malaysia (Malaysia)

The detailed segments and sub-segment of the market are explained below:

By Installation

Indoor
Outdoor

By Voltage

Low
Medium
High

By Application

Transmission & Distribution Utilities
Industrial
Commercial & Residential
Transportation
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
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Air Insulated Switchgear Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Air Insulated Switchgear Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Installation
- 2.3.2. By Voltage
- 2.3.3. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Air Insulated Switchgear Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Air Insulated 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
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Air Insulated Switchgear Market Size & Forecasts by Installation 2022-2032

5.1. Indoor
5.2. Outdoor

Chapter 6. Global Air Insulated Switchgear Market Size & Forecasts by Voltage 2022-2032

6.1. Low
6.2. Medium
6.3. High

Chapter 7. Global Air Insulated Switchgear Market Size & Forecasts by Application 2022-2032

7.1. Transmission & Distribution Utilities
7.2. Industrial
7.3. Commercial & Residential
7.4. Transportation
7.5. Others

Chapter 8. Global Air Insulated Switchgear Market Size & Forecasts by Region 2022-2032

8.1. North America Air Insulated Switchgear Market
- 8.1.1. U.S. Air Insulated Switchgear Market
  - 8.1.1.1. Installation breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Voltage breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Application breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Air Insulated Switchgear Market
8.2. Europe Air Insulated Switchgear Market
- 8.2.1. U.K. Air Insulated Switchgear Market
- 8.2.2. Germany Air Insulated Switchgear Market
- 8.2.3. France Air Insulated Switchgear Market
- 8.2.4. Spain Air Insulated Switchgear Market
- 8.2.5. Italy Air Insulated Switchgear Market
- 8.2.6. Rest of Europe Air Insulated Switchgear Market
8.3. Asia-Pacific Air Insulated Switchgear Market
- 8.3.1. China Air Insulated Switchgear Market
- 8.3.2. India Air Insulated Switchgear Market
- 8.3.3. Japan Air Insulated Switchgear Market
- 8.3.4. Australia Air Insulated Switchgear Market
- 8.3.5. South Korea Air Insulated Switchgear Market
- 8.3.6. Rest of Asia Pacific Air Insulated Switchgear Market
8.4. Latin America Air Insulated Switchgear Market
- 8.4.1. Brazil Air Insulated Switchgear Market
- 8.4.2. Mexico Air Insulated Switchgear Market
- 8.4.3. Rest of Latin America Air Insulated Switchgear Market
8.5. Middle East & Africa Air Insulated Switchgear Market
- 8.5.1. Saudi Arabia Air Insulated Switchgear Market
- 8.5.2. South Africa Air Insulated Switchgear Market
- 8.5.3. Rest of Middle East & Africa Air Insulated Switchgear Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. General Electric (US)
  - 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. Market Strategies
- 9.3.2. Siemens (Germany)
- 9.3.3. Schneider Electric (France)
- 9.3.4. Mitsubishi Electric Corporation (Japan)
- 9.3.5. Eaton Corporation (Ireland)
- 9.3.6. Larsen & Toubro (India)
- 9.3.7. CG Power and Industrial Solutions Ltd. (India)
- 9.3.8. Elatec Power Distribution (Germany)
- 9.3.9. JST Power Equipment (US)
- 9.3.10. Epe Malaysia (Malaysia)

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

LIST OF TABLES

TABLE 1. Global Air Insulated Switchgear market, report scope
TABLE 2. Global Air Insulated Switchgear market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Air Insulated Switchgear market estimates & forecasts by Installation 2022-2032 (USD Billion)
TABLE 4. Global Air Insulated Switchgear market estimates & forecasts by Voltage 2022-2032 (USD Billion)
TABLE 5. Global Air Insulated Switchgear market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 6. Global Air Insulated Switchgear market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Air Insulated Switchgear market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Air Insulated Switchgear market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Air Insulated Switchgear market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Air Insulated Switchgear market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Air Insulated Switchgear market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Air Insulated Switchgear market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Air Insulated Switchgear market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Air Insulated Switchgear market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. Global Air Insulated Switchgear market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 17. U.S. Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. U.S. Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 19. Canada Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 20. Canada Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. Canada Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 22. UK Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 23. UK Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. UK Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 25. Germany Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 26. Germany Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Germany Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 28. France Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 29. France Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. France Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 31. Italy Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 32. Italy Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Italy Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. Spain Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 35. Spain Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. Spain Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 37. RoE Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 38. RoE Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. RoE Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 40. China Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 41. China Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. China Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 43. India Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 44. India Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. India Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 46. Japan Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 47. Japan Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Japan Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 49. Australia Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 50. Australia Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. Australia Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 52. South Korea Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 53. South Korea Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54. South Korea Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 55.
TABLE 56. RoAPAC Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 57. RoAPAC Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58. RoAPAC Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 59. Brazil Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 60. Brazil Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Brazil Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 62. Mexico Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 63. Mexico Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. Mexico Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 65. RoLA Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 66. RoLA Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. RoLA Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70. Saudi Arabia Air Insulated Switchgear market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 71. South Africa Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 72.
TABLE 73. South Africa Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. South Africa Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. RoMEA Air Insulated Switchgear market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 78. List of secondary sources, used in the study of Global Air Insulated Switchgear Market.
TABLE 79. List of primary sources, used in the study of Global Air Insulated Switchgear Market.
TABLE 80. Years considered for the study.
TABLE 81. Exchange rates considered.

LIST OF FIGURES

FIG 1. Global Air Insulated Switchgear market, research methodology
FIG 2. Global Air Insulated Switchgear market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Air Insulated Switchgear market, key trends 2023
FIG 5. Global Air Insulated Switchgear market, growth prospects 2022-2032
FIG 6. Global Air Insulated Switchgear market, porters 5 force model
FIG 7. Global Air Insulated Switchgear market, pestel analysis
FIG 8. Global Air Insulated Switchgear market, value chain analysis
FIG 9. Global Air Insulated Switchgear market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Air Insulated Switchgear market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Air Insulated Switchgear market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Air Insulated Switchgear market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Air Insulated Switchgear market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Air Insulated Switchgear market, regional snapshot 2022 & 2032
FIG 15. North America Air Insulated Switchgear market 2022 & 2032 (USD Billion)
FIG 16. Europe Air Insulated Switchgear market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Air Insulated Switchgear market 2022 & 2032 (USD Billion)
FIG 18. Latin America Air Insulated Switchgear market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Air Insulated Switchgear market 2022 & 2032 (USD Billion)
FIG 20. Global Air Insulated Switchgear market, company market share analysis (2023)