Air Insulated Switchgear Market Size, Share, Trends, Industry Analysis Report, By Installation (Indoor, Outdoor), Voltage, Application, and Region; Market Forecast, 2024-2032

Description

List of Tables

The global air insulated switchgear market size is expected to reach USD 98.14 billion by 2032, according to a new study by Polaris Market Research. The report "Air Insulated Switchgear Market Size, Share, Trends, Industry Analysis Report - By Installation (Indoor and Outdoor), Voltage, Application, and Region; Market Forecast, 2024-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing use of high-voltage air-insulated switchgear for applications such as heavy machinery, commercial buildings, grid stabilization, and transportation drives the global Air Insulated Switchgear Market growth. This high-voltage air-insulated switchgear provides safe, reliable, and efficient power distribution and management. In January 2024, Hitachi Energy shipped high-voltage gas-insulated switchgear weighing 64 tons from Switzerland. The company aims to promote sustainable energy by supplying dependable and efficient power distribution and transmission solutions, according to a statement released by the company.

The increasing electricity demand driven by population growth, which needs to expand and modernize power transmission, led to the demand for air-insulated switchgear. Also, government initiatives toward green energy required high-voltage air-insulated switchgear, further contributing to the Air Insulated Switchgear Market growth.

Market players expanded their product portfolio to provide a range of air-insulated switchgear to cater to customer's needs and stay ahead of the market competition. For instance, Alfanar Group has been actively developing its air-insulated switchgear (AIS) products and expanding its role in the power sector. One of their key products is the alfa12 air-insulated medium voltage metal-clad switchgear, designed to meet international standards for control and protection of medium-voltage power circuits. This product is commonly used in industrial, commercial, and utility installations. Alfanar's switchgear features advanced specifications, such as short-circuit withstand capability up to 31.5 kA and internal arc classification.

Air Insulated Switchgear Market Report Highlights

In terms of installation, the outdoor segment is anticipated to witness higher growth during the forecast period due to the increasing expansion of the rural electrification projects

The indoor segment accounted for a larger share in 2023, owing to increased urbanization and government initiatives toward sustainable energy

Based on application, the transmission & distribution utilities segment held the largest revenue share in 2023, owing to the need for AIS systems to improve the effectiveness of power distribution networks.

Asia Pacific is projected to register the highest growth during the forecast period, attributable to the rise in electric grid expenditure and smart grid technologies

ABB; General Electric; Siemens; Schneider Electric; Toshiba; Alfanar Group; Hitachi Energy; Eaton Corporation; Mitsubishi Electric Corporation; Hubbell; Larsen & Toubro Limited; Linxon; GE Vernova; and ELATEC POWER DISTRIBUTION GmbH are a few global key market players.

Polaris Market Research has segmented the air insulated switchgear market report on the basis of installation, voltage, application, and region:

Air Insulated Switchgear Market, Installation Outlook (Revenue - USD Billion, 2019-2032)

Indoor
Outdoor

Air Insulated Switchgear Market, Voltage Outlook (Revenue - USD Billion, 2019-2032)

Low
Medium
High

Air Insulated Switchgear Market, Application Outlook (Revenue - USD Billion, 2019-2032)

Transmission & Distribution Utilities
Industrial
Commercial & Residential
Transportation
Others

Air Insulated Switchgear Market, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa

Product Code: PM5138

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Air Insulated Switchgear Market Insights

4.1. Air Insulated Switchgear Market - Market Snapshot
4.2. Air Insulated Switchgear Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rising Demand for Long-Acting Reversible Contraceptives (LARCs) Is Driving the Market Growth
  - 4.2.1.2. Shift Towards Personalized and Convenient Contraceptive Options Propels the Market
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Health Concerns and Side Effects is hindering the Air Insulated Switchgear Market Growth
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Air Insulated Switchgear Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Air Insulated Switchgear Market, by Installation

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
5.3. Indoor
- 5.3.1. Global Air Insulated Switchgear Market, by Indoor, by Region, 2019-2032 (USD Billion)
5.4. Outdoor
- 5.4.1. Global Air Insulated Switchgear Market, by Outdoor, by Region, 2019-2032 (USD Billion)

6. Global Air Insulated Switchgear Market, by Voltage

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
6.3. Low
- 6.3.1. Global Air Insulated Switchgear Market, by Low, by Region, 2019-2032 (USD Billion)
6.4. Medium
- 6.4.1. Global Air Insulated Switchgear Market, by Medium, by Region, 2019-2032 (USD Billion)
6.5. High
- 6.5.1. Global Air Insulated Switchgear Market, by High, by Region, 2019-2032 (USD Billion)

7. Global Air Insulated Switchgear Market, by Application

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
7.3. Transmission & Distribution Utilities
- 7.3.1. Global Air Insulated Switchgear Market, by Transmission & Distribution Utilities, by Region, 2019-2032 (USD Billion)
7.4. Industrial
- 7.4.1. Global Air Insulated Switchgear Market, by Industrial, by Region, 2019-2032 (USD Billion)
7.5. Commercial & Residential
- 7.5.1. Global Air Insulated Switchgear Market, by Commercial & Residential, by Region, 2019-2032 (USD Billion)
7.6. Transportation
- 7.6.1. Global Air Insulated Switchgear Market, by Transportation, by Region, 2019-2032 (USD Billion)
7.7. Others
- 7.7.1. Global Air Insulated Switchgear Market, by Others, by Region, 2019-2032 (USD Billion)

8. Global Air Insulated Switchgear Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Air Insulated Switchgear Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. Air Insulated Switchgear Market - North America
- 8.3.1. North America: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
- 8.3.2. North America: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
- 8.3.3. North America: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Air Insulated Switchgear Market - U.S.
  - 8.3.4.1. U.S.: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.3.4.2. U.S.: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.3.4.3. U.S.: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Air Insulated Switchgear Market - Canada
  - 8.3.5.1. Canada: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.3.5.2. Canada: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.3.5.3. Canada: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
8.4. Air Insulated Switchgear Market - Europe
- 8.4.1. Europe: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
- 8.4.2. Europe: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
- 8.4.3. Europe: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Air Insulated Switchgear Market - UK
  - 8.4.4.1. UK: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.4.4.2. UK: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.4.4.3. UK: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Air Insulated Switchgear Market - France
  - 8.4.5.1. France: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.4.5.2. France: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.4.5.3. France: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Air Insulated Switchgear Market - Germany
  - 8.4.6.1. Germany: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.4.6.2. Germany: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.4.6.3. Germany: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Air Insulated Switchgear Market - Italy
  - 8.4.7.1. Italy: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.4.7.2. Italy: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.4.7.3. Italy: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Air Insulated Switchgear Market - Spain
  - 8.4.8.1. Spain: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.4.8.2. Spain: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.4.8.3. Spain: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Air Insulated Switchgear Market - Netherlands
  - 8.4.9.1. Netherlands: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.4.9.2. Netherlands: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.4.9.3. Netherlands: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Air Insulated Switchgear Market - Russia
  - 8.4.10.1. Russia: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.4.10.2. Russia: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.4.10.3. Russia: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.4.11. Air Insulated Switchgear Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.4.11.2. Rest of Europe: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.4.11.3. Rest of Europe: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
8.5. Air Insulated Switchgear Market - Asia Pacific
- 8.5.1. Asia Pacific: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Air Insulated Switchgear Market - China
  - 8.5.4.1. China: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.5.4.2. China: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.5.4.3. China: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Air Insulated Switchgear Market - India
  - 8.5.5.1. India: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.5.5.2. India: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.5.5.3. India: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Air Insulated Switchgear Market - Malaysia
  - 8.5.6.1. Malaysia: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.5.6.2. Malaysia: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.5.6.3. Malaysia: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Air Insulated Switchgear Market - Japan
  - 8.5.7.1. Japan: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.5.7.2. Japan: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.5.7.3. Japan: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Air Insulated Switchgear Market - Indonesia
  - 8.5.8.1. Indonesia: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.5.8.2. Indonesia: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.5.8.3. Indonesia: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Air Insulated Switchgear Market - South Korea
  - 8.5.9.1. South Korea: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.5.9.2. South Korea: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.5.9.3. South Korea: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.5.10. Air Insulated Switchgear Market - Australia
  - 8.5.10.1. Australia: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.5.10.2. Australia: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.5.10.3. Australia: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.5.11. Air Insulated Switchgear Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
8.6. Air Insulated Switchgear Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Air Insulated Switchgear Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Air Insulated Switchgear Market - UAE
  - 8.6.5.1. UAE: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.6.5.2. UAE: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.6.5.3. UAE: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Air Insulated Switchgear Market - Israel
  - 8.6.6.1. Israel: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.6.6.2. Israel: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.6.6.3. Israel: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Air Insulated Switchgear Market - South Africa
  - 8.6.7.1. South Africa: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.6.7.2. South Africa: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.6.7.3. South Africa: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.6.8. Air Insulated Switchgear Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
8.7. Air Insulated Switchgear Market - Latin America
- 8.7.1. Latin America: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
- 8.7.2. Latin America: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Air Insulated Switchgear Market - Mexico
  - 8.7.4.1. Mexico: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.7.4.2. Mexico: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.7.4.3. Mexico: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Air Insulated Switchgear Market - Brazil
  - 8.7.5.1. Brazil: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.7.5.2. Brazil: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.7.5.3. Brazil: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Air Insulated Switchgear Market - Argentina
  - 8.7.6.1. Argentina: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.7.6.2. Argentina: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.7.6.3. Argentina: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)
- 8.7.7. Air Insulated Switchgear Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Air Insulated Switchgear Market, by Installation, 2019-2032 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Air Insulated Switchgear Market, by Voltage, 2019-2032 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Air Insulated Switchgear Market, by Application, 2019-2032 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. ABB
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. General Electric
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Siemens
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Schneider Electric
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Toshiba
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Alfanar Group
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Hitachi Energy
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Eaton Corporation
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Mitsubishi Electric Corporation
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Hubbell
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. Larsen & Turbo
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
10.12. ELATEC POWER DISTRIBUTION GmBH
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
10.13. Linxon
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
10.14. GE Vernova
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development