Air and Gas Insulated Medium Voltage (MV) Switchgear Regional Market Analysis

Description

Region: Europe.

Scope:

This MV Switchgear research service focuses on three application verticals where MV Switchgear is used: Distribution, Generation, and Industry in Europe. This service looks at these verticals in-depth, analyzing the market trends and growth factors by looking at the deployment strategies of utilities, IPPs, and industrial customers.

This understanding, coupled with the knowledge of design topologies in every country, ensures that the final analysis is highly detailed and covers all market aspects, technically and strategically.

Companies Mentioned:

1. ABB
2. Schneider Electric
3. Siemens

4. Eaton
5. Ormazabal

This service gives a comprehensive analysis of the competitive landscape in addition to market accessibility research in Europe. Further segmentation by technology, voltage, and application is also possible should our clients require specific details.

Executive Summary:

With an active increase in Distributed Generation (DERs) and Electric Vehicle (EV) penetration, grid dynamics at the distribution level are more complex than ever. MV Switchgear market has further complex demand dynamics considering the worldwide distribution grid structure and factors like primary vs secondary switchgear use and equipment preferences (Indoor vs Outdoor).

The Europe region is a significant market for switchgear OEMs as an increase in brownfield and greenfield projects implies a higher growth potential in the forecasted period. As of 2023, in terms of annual unit volume, Europe accounted for 15% of the global MV Air Insulated Switchgear (AIS) market and 45% of the global MV Gas Insulated Switchgear (GIS) market.

Europe's switchgear market (AIS and GIS) is forecasted to experience single-digit growth over the next five years after recovering from the Covid-19-induced revenue slump. PTR expects the AIS market to achieve a Compound Annual Growth Rate (CAGR) of 4.5% for primary and 5.6% for secondary topologies. In comparison, the GIS market is expected to grow at a CAGR of 6.7% for primary and 7.8% for secondary topologies.

F-Gas Regulations 2024 will significantly impact the adoption of SF6-free GIS, especially in the 1-24kV voltage bucket.

Efforts for grid digitalization can be seen in mature markets. Germany and France are using smart meters and digital switchgear, while nascent markets have few pilot projects testing such infrastructure.

Geographical Scope:

1. Germany
2. France
3. Spain
4. Rest of Europe

Products Mentioned:

1. AIS Primary/Secondary MV Switchgear 1-12kV
2. AIS Primary/Secondary MV Switchgear 12-17.5kV
3. AIS Primary/Secondary MV Switchgear 17.5-24kV
4. AIS Primary/Secondary MV Switchgear 24-42kV
5. GIS Primary/Secondary MV Switchgear 1-12kV
6. GIS Primary/Secondary MV Switchgear 12-17.5kV
7. GIS Primary/Secondary MV Switchgear 17.5-24kV
8. GIS Primary/Secondary MV Switchgear 24-42kV

Reasons to Purchase:

1. Gain a strategic perspective with a regional dataset of the Europe MV switchgear market, featuring separate broken-out data for three key countries.
2. Gauge the expected growth (CAGR) of MV switchgear markets until 2030, considering the annual market and installed base, In terms of units, and revenue. Understand the key factors driving this growth.
3. Segment the MV switchgear market based on voltage buckets, spanning from 1 kV to <42 kV, and quantify the market size within the Generation, Utilities, and Industry verticals.
4. Explore various scenario forecasts, including High case, Base case, and Low case.
5. Identify crucial policies, regulations, and drivers shaping regional demand for MV switchgear.

Who Should Buy the Report:

1. Marketing Manager
2. Director of Marketing
3. Head of Marketing
4. VP of Marketing
5. Strategic Marketing Director
6. Head of Strategic Marketing
7. Head of Market Intelligence
8. Manager Business Intelligence
9. Strategy Development
10. Director, Strategy Development
11. Commercial Analyst
12. Market Analyst
13. Marketing Analyst
14. Head of Sales
15. Director of Sales

Research Methodology:

The information contained in the report has been gathered through authentic online sources used for secondary research and has been verified through interviews with industry professionals conducted as part of primary research.

1. Executive Summary

2. Region Overview

I. Market Setting
II. Equipment Standards

3. Market Sizing

I. Europe MV Switchgear Market Sizing and Growth Drivers
II. Europe AIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
III. Europe GIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
IV. Germany AIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
V. Germany GIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
VI. France AIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
VII. France GIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
VIII. Spain AIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments
IX. Spain GIS Primary/Secondary MV Switchgear Market Sizing by Vertical (Utility, Industry, Generation), by Scenario (Base, High, Low), by Voltage and Comments

4. Competitive Analysis

I. Market Shares
- a) Europe
- b) Germany
- c) France
- d) Spain
II. Manufacturing Locations
III. Product Benchmarking
IV. M&A Activity

5. Key Market Trends

I. Digital Switchgear
II. Impact of F-Gas Regulations

List of tables and figures

Europe AIS Primary Market Size (Revenue)
Europe AIS Secondary Market Size (Revenue)
Europe GIS Primary Market Size (Revenue)
Europe GIS Secondary market Size (Revenue)
Europe Annual Market by Vertical (Units - 2023)
Europe AIS/GIS OEM Market Shares (2023)
Regional Market Setting
Regional Equipment Standards
Europe AIS/GIS MV Switchgear Annual Market Overview (Units)
Europe AIS/GIS MV Switchgear Annual Market Overview (Vertical)
Europe Primary/Secondary AIS Installed Base Year on Year (Units)
Europe Primary AIS Installed Base Segmentation by Voltage (Units - 2023)
Europe Secondary AIS Installed Base Segmentation by Voltage (Units - 2023)
Europe Primary AIS Installed Base Segmentation by Vertical (Units - 2023)
Europe Secondary AIS Installed Base Segmentation by Vertical (Units - 2023)
Europe Primary/Secondary AIS Annual Market Year on Year (Units)
Europe Primary AIS Annual Market Segmentation by Voltage (Units - 2023)
Europe Secondary AIS Annual Market Segmentation by Voltage (Units - 2023)
Europe Primary AIS Annual Market Segmentation by Vertical (Units - 2023)
Europe Secondary AIS Annual Market Segmentation by Vertical (Units - 2023)
Europe Primary/Secondary AIS Annual Market Year on Year (Revenue)
Europe Primary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
Europe Secondary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
Europe Primary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
Europe Secondary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
Europe Primary/Secondary GIS Installed Base Year on Year (Units)
Europe Primary GIS Installed Base Segmentation by Voltage (Units - 2023)
Europe Secondary GIS Installed Base Segmentation by Voltage (Units - 2023)
Europe Primary GIS Installed Base Segmentation by Vertical (Units - 2023)
Europe Secondary GIS Installed Base Segmentation by Vertical (Units - 2023)
Europe Primary/Secondary GIS Annual Market Year on Year (Units)
Europe Primary GIS Annual Market Segmentation by Voltage (Units - 2023)
Europe Secondary GIS Annual Market Segmentation by Voltage (Units - 2023)
Europe Primary GIS Annual Market Segmentation by Vertical (Units - 2023)
Europe Secondary GIS Annual Market Segmentation by Vertical (Units - 2023)
Europe Primary/Secondary GIS Annual Market Year on Year (Revenue)
Europe Primary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
Europe Secondary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
Europe Primary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
Europe Secondary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
Germany Primary/Secondary AIS Installed Base Year on Year (Units)
Germany Primary AIS Installed Base Segmentation by Voltage (Units - 2023)
Germany Secondary AIS Installed Base Segmentation by Voltage (Units - 2023)
Germany Primary AIS Installed Base Segmentation by Vertical (Units - 2023)
Germany Secondary AIS Installed Base Segmentation by Vertical (Units - 2023)
Germany Primary/Secondary AIS Annual Market Year on Year (Units)
Germany Primary AIS Annual Market Segmentation by Voltage (Units - 2023)
Germany Secondary AIS Annual Market Segmentation by Voltage (Units - 2023)
Germany Primary AIS Annual Market Segmentation by Vertical (Units - 2023)
Germany Secondary AIS Annual Market Segmentation by Vertical (Units - 2023)
Germany Primary/Secondary AIS Annual Market Year on Year (Revenue)
Germany Primary AIS Annual Market Segmentation by Voltage (Revenue-2023)
Germany Secondary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
Germany Primary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
Germany Secondary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
Germany Primary/Secondary GIS Installed Base Year on Year (Units)
Germany Primary GIS Installed Base Segmentation by Voltage (Units - 2023)
Germany Secondary GIS Installed Base Segmentation by Voltage (Units - 2023)
Germany Primary GIS Installed Base Segmentation by Vertical (Units - 2023)
Germany Secondary GIS Installed Base Segmentation by Vertical (Units - 2023)
Germany Primary/Secondary GIS Annual Market Year on Year (Units)
Germany Primary GIS Annual Market Segmentation by Voltage (Units - 2023)
Germany Secondary GIS Annual Market Segmentation by Voltage (Units - 2023)
Germany Primary GIS Annual Market Segmentation by Vertical (Units - 2023)
Germany Secondary GIS Annual Market Segmentation by Vertical (Units - 2023)
Germany Primary/Secondary GIS Annual Market Year on Year (Revenue)
Germany Primary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
Germany Secondary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
Germany Primary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
Germany Secondary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
France Primary/Secondary AIS Installed Base Year on Year (Units)
France Primary AIS Installed Base Segmentation by Voltage (Units - 2023)
France Secondary AIS Installed Base Segmentation by Voltage (Units - 2023)
France Primary AIS Installed Base Segmentation by Vertical (Units - 2023)
France Secondary AIS Installed Base Segmentation by Vertical (Units - 2023)
France Primary/Secondary AIS Annual Market Year on Year (Units)
France Primary AIS Annual Market Segmentation by Voltage (Units - 2023)
France Secondary AIS Annual Market Segmentation by Voltage (Units - 2023)
France Primary AIS Annual Market Segmentation by Vertical (Units - 2023)
France Secondary AIS Annual Market Segmentation by Vertical (Units - 2023)
France Primary/Secondary AIS Annual Market Year on Year (Revenue)
France Primary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
France Secondary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
France Primary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
France Secondary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
France Primary/Secondary GIS Installed Base Year on Year (Units)
France Primary GIS Installed Base Segmentation by Voltage (Units - 2023)
France Secondary GIS Installed Base Segmentation by Voltage (Units - 2023)
France Primary GIS Installed Base Segmentation by Vertical (Units - 2023)
France Secondary GIS Installed Base Segmentation by Vertical (Units - 2023)
France Primary/Secondary GIS Annual Market Year on Year (Units)
France Primary GIS Annual Market Segmentation by Voltage (Units - 2023)
France Secondary GIS Annual Market Segmentation by Voltage (Units - 2023)
France Primary GIS Annual Market Segmentation by Vertical (Units - 2023)
France Secondary GIS Annual Market Segmentation by Vertical (Units - 2023)
France Primary/Secondary GIS Annual Market Year on Year (Revenue)
France Primary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
France Secondary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
France Primary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
France Secondary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
Spain Primary/Secondary AIS Installed Base Year on Year (Units)
Spain Primary AIS Installed Base Segmentation by Voltage (Units - 2023)
Spain Secondary AIS Installed Base Segmentation by Voltage (Units - 2023)
Spain Primary AIS Installed Base Segmentation by Vertical (Units - 2023)
Spain Secondary AIS Installed Base Segmentation by Vertical (Units - 2023)
Spain Primary/Secondary AIS Annual Market Year on Year (Units)
Spain Primary AIS Annual Market Segmentation by Voltage (Units - 2023)
Spain Secondary AIS Annual Market Segmentation by Voltage (Units - 2023)
Spain Primary AIS Annual Market Segmentation by Vertical (Units - 2023)
Spain Secondary AIS Annual Market Segmentation by Vertical (Units - 2023)
Spain Primary/Secondary AIS Annual Market Year on Year (Revenue)
Spain Primary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
Spain Secondary AIS Annual Market Segmentation by Voltage (Revenue - 2023)
Spain Primary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
Spain Secondary AIS Annual Market Segmentation by Vertical (Revenue - 2023)
Spain Primary/Secondary GIS Installed Base Year on Year (Units)
Spain Primary GIS Installed Base Segmentation by Voltage (Units - 2023)
Spain Secondary GIS Installed Base Segmentation by Voltage (Units - 2023)
Spain Primary GIS Installed Base Segmentation by Vertical (Units - 2023)
Spain Secondary GIS Installed Base Segmentation by Vertical (Units - 2023)
Spain Primary/Secondary GIS Annual Market Year on Year (Units)
Spain Primary GIS Annual Market Segmentation by Voltage (Units - 2023)
Spain Secondary GIS Annual Market Segmentation by Voltage (Units - 2023)
Spain Primary GIS Annual Market Segmentation by Vertical (Units - 2023)
Spain Secondary GIS Annual Market Segmentation by Vertical (Units - 2023)
Spain Primary/Secondary GIS Annual Market Year on Year (Revenue)
Spain Primary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
Spain Secondary GIS Annual Market Segmentation by Voltage (Revenue - 2023)
Spain Primary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
Spain Secondary GIS Annual Market Segmentation by Vertical (Revenue - 2023)
AIS MV Switchgear Market Shares by Top Suppliers Germany
GIS MV Switchgear Market Shares by Top Suppliers Germany
AIS MV Switchgear Market Shares by Top Suppliers France
GIS MV Switchgear Market Shares by Top Suppliers France
AIS MV Switchgear Market Shares by Top Suppliers Spain
GIS MV Switchgear Market Shares by Top Suppliers Spain
AIS MV Switchgear Market Shares by Top Suppliers Europe
GIS MV Switchgear Market Shares by Top Suppliers Europe
Manufacturing Locations of Top Suppliers
Competitive Analysis - Product Benchmarking of Top Suppliers
Competitive Analysis - M&A Activity

Air and Gas Insulated Medium Voltage (MV) Switchgear Regional Market Analysis - Europe