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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1666713

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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1666713

North America Air Insulated Switchgear Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034

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PAGES: 100 Pages
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North America Air Insulated Switchgear Market, valued at USD 2.3 billion in 2024, is set to experience robust growth with a compound annual growth rate (CAGR) of 8.5% from 2025 to 2034. This upward trajectory is primarily driven by the rising demand for reliable and efficient electrical systems across various industries. The push towards renewable energy sources, particularly wind and solar power, is significantly influencing the need for advanced electrical infrastructure. AIS is becoming increasingly popular due to its cost-effectiveness, ease of maintenance, and compact design, making it the go-to solution for urban and industrial applications. Furthermore, ongoing power grid upgrades and modernization efforts across North America are providing a solid foundation for market expansion.

North America Air Insulated Switchgear Market - IMG1

Government policies promoting smart grids and the widespread adoption of renewable energy are major contributors to the growth of the AIS market in the region. The demand for energy-efficient, safe, and reliable electrical systems, particularly in utility, commercial, and industrial sectors, is further driving AIS adoption. Technological advancements, such as the integration of digital monitoring and control systems, are enhancing operational efficiency, thus fueling additional market growth. As industries seek more innovative and sustainable electrical solutions, AIS is poised to become a central component of North America's energy landscape.

Market Scope
Start Year2024
Forecast Year2025-2034
Start Value$2.3 Billion
Forecast Value$5.2 Billion
CAGR8.5%

The medium-voltage segment of the AIS market is projected to generate USD 2.8 billion by 2034, driven by the increasing need for industrial applications, infrastructure upgrades, and the integration of renewable energy. Medium-voltage AIS systems are critical in industrial plants, commercial facilities, and utility substations, offering dependable and cost-effective solutions. The modernization of electrical grids, which includes replacing outdated systems with more efficient and compact alternatives, remains a key factor in the growth of this segment.

The commercial and industrial sectors are expected to register a CAGR of 8.8% through 2034, fueled by their crucial role in advancing wind energy projects. As North America transitions towards renewable energy to meet sustainability targets, wind energy has become a significant resource, especially in regions like the Great Plains and coastal areas. AIS systems are pivotal in supporting this transition by ensuring stable and reliable electrical distribution.

In the U.S., the air-insulated switchgear market is projected to generate USD 2.9 billion by 2034, driven primarily by the need to modernize and expand its energy infrastructure. Efforts to upgrade aging power grids and improve electricity transmission capacity are creating strong demand for AIS solutions. The reliability, compact design, and ability to operate efficiently in challenging environments make these systems ideal for addressing the country's growing energy demands. As the U.S. focuses on strengthening its energy infrastructure, AIS will continue to play a critical role in supporting these developments.

Product Code: 6914

Table of Contents

Chapter 1 Methodology & Scope

  • 1.1 Market definitions
  • 1.2 Base estimates & calculations
  • 1.3 Forecast calculation
  • 1.4 Data sources
    • 1.4.1 Primary
    • 1.4.2 Secondary
      • 1.4.2.1 Paid
      • 1.4.2.2 Public

Chapter 2 Industry Insights

  • 2.1 Industry ecosystem analysis
  • 2.2 Regulatory landscape
  • 2.3 Industry impact forces
    • 2.3.1 Growth drivers
    • 2.3.2 Industry pitfalls & challenges
  • 2.4 Growth potential analysis
  • 2.5 Porter's analysis
    • 2.5.1 Bargaining power of suppliers
    • 2.5.2 Bargaining power of buyers
    • 2.5.3 Threat of new entrants
    • 2.5.4 Threat of substitutes
  • 2.6 PESTEL analysis

Chapter 3 Competitive landscape, 2024

  • 3.1 Strategic dashboard
  • 3.2 Innovation & sustainability landscape

Chapter 4 Market Size and Forecast, By Voltage, 2021 – 2034 (USD Million, ‘000 Units)

  • 4.1 Key trends
  • 4.2 Medium (> 3 kV to ≤ 36 kV)
  • 4.3 High (> 36 kV)

Chapter 5 Market Size and Forecast, By Application, 2021 – 2034 (USD Million, ‘000 Units)

  • 5.1 Key trends
  • 5.2 Residential
  • 5.3 Commercial & industrial
  • 5.4 Utility

Chapter 6 Market Size and Forecast, By Country, 2021 – 2034 (USD Million, ‘000 Units)

  • 6.1 Key trends
  • 6.2 U.S.
  • 6.3 Canada
  • 6.4 Mexico

Chapter 7 Company Profiles

  • 7.1 ABB
  • 7.2 Bharat Heavy Electricals
  • 7.3 CG Power and Industrial Solutions
  • 7.4 E + I Engineering
  • 7.5 Eaton
  • 7.6 Fuji Electric
  • 7.7 General Electric
  • 7.8 HD Hyundai Electric
  • 7.9 Hitachi
  • 7.10 Hyosung Heavy Industries
  • 7.11 Lucy Group
  • 7.12 Mitsubishi Electric
  • 7.13 Ormazabal
  • 7.14 Schneider Electric
  • 7.15 Siemens
  • 7.16 Skema
  • 7.17 Toshiba
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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