Global air insulated switchgear market 2024-2028

Description

List of Tables

The air insulated switchgear market is forecasted to grow by USD 25881.8 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the air insulated switchgear market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing renewable power generation, increasing global power demand, and increasing application of air insulated switchgear in industrial settings.

Technavio's air insulated switchgear market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.32%
CAGR	8.09%
Incremental Value	$25881.8mn

By Power Rating

Low voltage
Medium voltage
High voltage

By Deployment

Indoor
Outdoor

By Geographical Landscape

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the growth of smart electricity grid infrastructure as one of the prime reasons driving the air insulated switchgear market growth during the next few years. Also, growing construction activities globally and modernization of existing transformers will lead to sizable demand in the market.

The report on the air insulated switchgear market covers the following areas:

Air insulated switchgear market sizing
Air insulated switchgear market forecast
Air insulated switchgear market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading air insulated switchgear market vendors that include ABB Ltd., alfanar Group, C and S Electric Ltd., CG Power and Industrial Solutions Ltd., Eaton Corp. Plc, ELATEC POWER DISTRIBUTION GmbH, EPE Switchgear M Sdn. Bhd., General Electric Co., Larsen and Toubro Ltd., Lucy Group Ltd., Mitsubishi Electric Corp., Schneider Electric SE, Siemens AG, Sumitomo Electric Industries Ltd., Tavrida Electric GmbH, Tokyo Electric Power Co. Holdings Inc., Toshiba Corp., UNISUN ELECTRIC, VELATIA S.L, and ZPUE S.A.. Also, the air insulated switchgear market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR75781

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Power Rating
- Executive Summary - Chart on Market Segmentation by Deployment
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Air Insulated Switchgear Market 2018 - 2022
- Historic Market Size - Data Table on Global Air Insulated Switchgear Market 2018 - 2022 ($ million)
4.2 Power Rating segment analysis 2018 - 2022
- Historic Market Size - Power Rating Segment 2018 - 2022 ($ million)
4.3 Deployment segment analysis 2018 - 2022
- Historic Market Size - Deployment Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Power Rating

6.1 Market segments
- Chart on Power Rating - Market share 2023-2028 (%)
- Data Table on Power Rating - Market share 2023-2028 (%)
6.2 Comparison by Power Rating
- Chart on Comparison by Power Rating
- Data Table on Comparison by Power Rating
6.3 Low voltage - Market size and forecast 2023-2028
- Chart on Low voltage - Market size and forecast 2023-2028 ($ million)
- Data Table on Low voltage - Market size and forecast 2023-2028 ($ million)
- Chart on Low voltage - Year-over-year growth 2023-2028 (%)
- Data Table on Low voltage - Year-over-year growth 2023-2028 (%)
6.4 Medium voltage - Market size and forecast 2023-2028
- Chart on Medium voltage - Market size and forecast 2023-2028 ($ million)
- Data Table on Medium voltage - Market size and forecast 2023-2028 ($ million)
- Chart on Medium voltage - Year-over-year growth 2023-2028 (%)
- Data Table on Medium voltage - Year-over-year growth 2023-2028 (%)
6.5 High voltage - Market size and forecast 2023-2028
- Chart on High voltage - Market size and forecast 2023-2028 ($ million)
- Data Table on High voltage - Market size and forecast 2023-2028 ($ million)
- Chart on High voltage - Year-over-year growth 2023-2028 (%)
- Data Table on High voltage - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Power Rating
- Market opportunity by Power Rating ($ million)
- Data Table on Market opportunity by Power Rating ($ million)

7 Market Segmentation by Deployment

7.1 Market segments
- Chart on Deployment - Market share 2023-2028 (%)
- Data Table on Deployment - Market share 2023-2028 (%)
7.2 Comparison by Deployment
- Chart on Comparison by Deployment
- Data Table on Comparison by Deployment
7.3 Indoor - Market size and forecast 2023-2028
- Chart on Indoor - Market size and forecast 2023-2028 ($ million)
- Data Table on Indoor - Market size and forecast 2023-2028 ($ million)
- Chart on Indoor - Year-over-year growth 2023-2028 (%)
- Data Table on Indoor - Year-over-year growth 2023-2028 (%)
7.4 Outdoor - Market size and forecast 2023-2028
- Chart on Outdoor - Market size and forecast 2023-2028 ($ million)
- Data Table on Outdoor - Market size and forecast 2023-2028 ($ million)
- Chart on Outdoor - Year-over-year growth 2023-2028 (%)
- Data Table on Outdoor - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Deployment
- Market opportunity by Deployment ($ million)
- Data Table on Market opportunity by Deployment ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 ABB Ltd.
- ABB Ltd. - Overview
- ABB Ltd. - Business segments
- ABB Ltd. - Key news
- ABB Ltd. - Key offerings
- ABB Ltd. - Segment focus
12.4 alfanar Group
- alfanar Group - Overview
- alfanar Group - Product / Service
- alfanar Group - Key offerings
12.5 C and S Electric Ltd.
- C and S Electric Ltd. - Overview
- C and S Electric Ltd. - Product / Service
- C and S Electric Ltd. - Key offerings
12.6 CG Power and Industrial Solutions Ltd.
- CG Power and Industrial Solutions Ltd. - Overview
- CG Power and Industrial Solutions Ltd. - Business segments
- CG Power and Industrial Solutions Ltd. - Key offerings
- CG Power and Industrial Solutions Ltd. - Segment focus
12.7 Eaton Corp. Plc
- Eaton Corp. Plc - Overview
- Eaton Corp. Plc - Business segments
- Eaton Corp. Plc - Key news
- Eaton Corp. Plc - Key offerings
- Eaton Corp. Plc - Segment focus
12.8 General Electric Co.
- General Electric Co. - Overview
- General Electric Co. - Business segments
- General Electric Co. - Key news
- General Electric Co. - Key offerings
- General Electric Co. - Segment focus
12.9 Larsen and Toubro Ltd.
- Larsen and Toubro Ltd. - Overview
- Larsen and Toubro Ltd. - Business segments
- Larsen and Toubro Ltd. - Key news
- Larsen and Toubro Ltd. - Key offerings
- Larsen and Toubro Ltd. - Segment focus
12.10 Lucy Group Ltd.
- Lucy Group Ltd. - Overview
- Lucy Group Ltd. - Product / Service
- Lucy Group Ltd. - Key offerings
12.11 Schneider Electric SE
- Schneider Electric SE - Overview
- Schneider Electric SE - Business segments
- Schneider Electric SE - Key news
- Schneider Electric SE - Key offerings
- Schneider Electric SE - Segment focus
12.12 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus
12.13 Sumitomo Electric Industries Ltd.
- Sumitomo Electric Industries Ltd. - Overview
- Sumitomo Electric Industries Ltd. - Business segments
- Sumitomo Electric Industries Ltd. - Key news
- Sumitomo Electric Industries Ltd. - Key offerings
- Sumitomo Electric Industries Ltd. - Segment focus
12.14 Tokyo Electric Power Co. Holdings Inc.
- Tokyo Electric Power Co. Holdings Inc. - Overview
- Tokyo Electric Power Co. Holdings Inc. - Product / Service
- Tokyo Electric Power Co. Holdings Inc. - Key news
- Tokyo Electric Power Co. Holdings Inc. - Key offerings
12.15 Toshiba Corp.
- Toshiba Corp. - Overview
- Toshiba Corp. - Business segments
- Toshiba Corp. - Key news
- Toshiba Corp. - Key offerings
- Toshiba Corp. - Segment focus
12.16 UNISUN ELECTRIC
- UNISUN ELECTRIC - Overview
- UNISUN ELECTRIC - Product / Service
- UNISUN ELECTRIC - Key offerings
12.17 VELATIA S.L
- VELATIA S.L - Overview
- VELATIA S.L - Product / Service
- VELATIA S.L - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations