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Global Switchgear Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 286
  • CATEGORY
  • Heavy Industry
Switchgear market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Switchgear market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Switchgear manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Switchgear market covering all its essential aspects.

Global Switchgear Market: Segmentations

Global Switchgear Market: By Key Players
ABB
Hyosung
Alstom
CG Power and Industrial Solutions
Hitachi
Hyundai Heavy Industries
Schneider Electric
Siemens
Eaton
General Electric
Toshiba
Mitsubishi Electric
Powell Industries
TE Connectivity
Larsen & Toubro
Elektrobudowa
Zpue
Lucy Electric
Hawker Siddeley Switchgear
Sel

Global Switchgear Market: By Types
Below 1 kV
1-36 kV
36-72.5 kV
Below 1 kV

Global Switchgear Market: By Applications
Transmission and Distribution Utilities
Manufacturing and Process Industries
Commercial and Residential Infrastructure



Global Switchgear Market: Regional Analysis
The countries covered in the regional analysis of the Global Switchgear market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Switchgear market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Switchgear would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Switchgear Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Switchgear Revenue
1.4 Market Analysis by Type
1.4.1 Global Switchgear Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Below 1 kV
1.4.3 1-36 kV
1.4.4 36-72.5 kV
1.4.5 Below 1 kV
1.5 Market by Application
1.5.1 Global Switchgear Market Share by Application: 2023-2032
1.5.2 Transmission and Distribution Utilities
1.5.3 Manufacturing and Process Industries
1.5.4 Commercial and Residential Infrastructure
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Switchgear Market
1.8.1 Global Switchgear Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Switchgear Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Switchgear Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Switchgear Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Switchgear Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Switchgear Sales Volume Market Share by Region (2017-2022)
3.2 Global Switchgear Sales Revenue Market Share by Region (2017-2022)
3.3 North America Switchgear Sales Volume
3.3.1 North America Switchgear Sales Volume Growth Rate (2017-2022)
3.3.2 North America Switchgear Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Switchgear Sales Volume
3.4.1 East Asia Switchgear Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Switchgear Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Switchgear Sales Volume (2017-2022)
3.5.1 Europe Switchgear Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Switchgear Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Switchgear Sales Volume (2017-2022)
3.6.1 South Asia Switchgear Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Switchgear Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Switchgear Sales Volume (2017-2022)
3.7.1 Southeast Asia Switchgear Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Switchgear Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Switchgear Sales Volume (2017-2022)
3.8.1 Middle East Switchgear Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Switchgear Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Switchgear Sales Volume (2017-2022)
3.9.1 Africa Switchgear Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Switchgear Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Switchgear Sales Volume (2017-2022)
3.10.1 Oceania Switchgear Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Switchgear Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Switchgear Sales Volume (2017-2022)
3.11.1 South America Switchgear Sales Volume Growth Rate (2017-2022)
3.11.2 South America Switchgear Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Switchgear Sales Volume (2017-2022)
3.12.1 Rest of the World Switchgear Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Switchgear Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Switchgear Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Switchgear Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Switchgear Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Switchgear Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Switchgear Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Switchgear Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Switchgear Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Switchgear Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Switchgear Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Switchgear Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Switchgear Sales Volume Market Share by Type (2017-2022)
14.2 Global Switchgear Sales Revenue Market Share by Type (2017-2022)
14.3 Global Switchgear Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Switchgear Consumption Volume by Application (2017-2022)
15.2 Global Switchgear Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Switchgear Business
16.1 ABB
16.1.1 ABB Company Profile
16.1.2 ABB Switchgear Product Specification
16.1.3 ABB Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Hyosung
16.2.1 Hyosung Company Profile
16.2.2 Hyosung Switchgear Product Specification
16.2.3 Hyosung Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Alstom
16.3.1 Alstom Company Profile
16.3.2 Alstom Switchgear Product Specification
16.3.3 Alstom Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 CG Power and Industrial Solutions
16.4.1 CG Power and Industrial Solutions Company Profile
16.4.2 CG Power and Industrial Solutions Switchgear Product Specification
16.4.3 CG Power and Industrial Solutions Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Hitachi
16.5.1 Hitachi Company Profile
16.5.2 Hitachi Switchgear Product Specification
16.5.3 Hitachi Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 Hyundai Heavy Industries
16.6.1 Hyundai Heavy Industries Company Profile
16.6.2 Hyundai Heavy Industries Switchgear Product Specification
16.6.3 Hyundai Heavy Industries Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 Schneider Electric
16.7.1 Schneider Electric Company Profile
16.7.2 Schneider Electric Switchgear Product Specification
16.7.3 Schneider Electric Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 Siemens
16.8.1 Siemens Company Profile
16.8.2 Siemens Switchgear Product Specification
16.8.3 Siemens Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Eaton
16.9.1 Eaton Company Profile
16.9.2 Eaton Switchgear Product Specification
16.9.3 Eaton Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 General Electric
16.10.1 General Electric Company Profile
16.10.2 General Electric Switchgear Product Specification
16.10.3 General Electric Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Toshiba
16.11.1 Toshiba Company Profile
16.11.2 Toshiba Switchgear Product Specification
16.11.3 Toshiba Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Mitsubishi Electric
16.12.1 Mitsubishi Electric Company Profile
16.12.2 Mitsubishi Electric Switchgear Product Specification
16.12.3 Mitsubishi Electric Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Powell Industries
16.13.1 Powell Industries Company Profile
16.13.2 Powell Industries Switchgear Product Specification
16.13.3 Powell Industries Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 TE Connectivity
16.14.1 TE Connectivity Company Profile
16.14.2 TE Connectivity Switchgear Product Specification
16.14.3 TE Connectivity Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 Larsen & Toubro
16.15.1 Larsen & Toubro Company Profile
16.15.2 Larsen & Toubro Switchgear Product Specification
16.15.3 Larsen & Toubro Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 Elektrobudowa
16.16.1 Elektrobudowa Company Profile
16.16.2 Elektrobudowa Switchgear Product Specification
16.16.3 Elektrobudowa Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Zpue
16.17.1 Zpue Company Profile
16.17.2 Zpue Switchgear Product Specification
16.17.3 Zpue Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 Lucy Electric
16.18.1 Lucy Electric Company Profile
16.18.2 Lucy Electric Switchgear Product Specification
16.18.3 Lucy Electric Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.19 Hawker Siddeley Switchgear
16.19.1 Hawker Siddeley Switchgear Company Profile
16.19.2 Hawker Siddeley Switchgear Switchgear Product Specification
16.19.3 Hawker Siddeley Switchgear Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.20 Sel
16.20.1 Sel Company Profile
16.20.2 Sel Switchgear Product Specification
16.20.3 Sel Switchgear Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Switchgear Manufacturing Cost Analysis
17.1 Switchgear Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Switchgear
17.4 Switchgear Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Switchgear Distributors List
18.3 Switchgear Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Switchgear (2023-2032)
20.2 Global Forecasted Revenue of Switchgear (2023-2032)
20.3 Global Forecasted Price of Switchgear (2017-2032)
20.4 Global Forecasted Production of Switchgear by Region (2023-2032)
20.4.1 North America Switchgear Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Switchgear Production, Revenue Forecast (2023-2032)
20.4.3 Europe Switchgear Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Switchgear Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Switchgear Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Switchgear Production, Revenue Forecast (2023-2032)
20.4.7 Africa Switchgear Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Switchgear Production, Revenue Forecast (2023-2032)
20.4.9 South America Switchgear Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Switchgear Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Switchgear by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Switchgear by Country
21.2 East Asia Market Forecasted Consumption of Switchgear by Country
21.3 Europe Market Forecasted Consumption of Switchgear by Countriy
21.4 South Asia Forecasted Consumption of Switchgear by Country
21.5 Southeast Asia Forecasted Consumption of Switchgear by Country
21.6 Middle East Forecasted Consumption of Switchgear by Country
21.7 Africa Forecasted Consumption of Switchgear by Country
21.8 Oceania Forecasted Consumption of Switchgear by Country
21.9 South America Forecasted Consumption of Switchgear by Country
21.10 Rest of the world Forecasted Consumption of Switchgear by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Assign a senior SR executive as QA Executive
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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