Global Air Insulated Switchgear Market is predicted to grow at approximately 4.5% by 2027

Pune, India, May 15, 2017 /MRFR Press Release/- Market research future published a half cooked research report on global air insulated switchgear market. The global air insulated switchgear market is expected to grow over the CAGR of around 4.5% during the period 2017 to 2023

Market Highlights

Air insulated switchgears have been in use for years before the introduction of others such gas insulated switchgear. They are popular wherever space restrictions and environmental circumstances are not an issue. Rapid urbanization and low capital investment of air insulated switchgear are driving the demand of air insulated switchgear market. The global air insulated switchgear market is projected to grow at a CAGR of 4.5% from 2017 to 2023, to reach the market size of USD 8.73 billion by 2023.

Access Report Details @ https://www.marketresearchfuture.com/reports/switchgear-market-2847

Market Research Analysis  

On the basis of regions, the global air insulated switchgear market is segmented as North America, Europe, Asia-Pacific and RoW. Asia-Pacific region dominates the air insulated switchgear market. The demand of air insulated switchgear market in Asia-Pacific region is driven by the rapid growth in industrialization, urbanization, and construction & infrastructure activities as well as it is driven by the growing renewable sector in the region. In Asia-Pacific region, China, India, Malaysia, and Indonesia are major markets for air insulated switchgear.

Europe and North America is also expected to contribute significantly to the global air insulated switchgear market. Upgradation of existing power infrastructure network is driving the demand of air insulated switchgear in these regions.

Scope of the Report

This study provides an overview of the global air insulated switchgear market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Air insulated switchgear market as installation, power range and application.

• Indoor


• Outdoor

• 3–24 kV


• Above 24 kV

• Distribution Utilities


• Oil & Gas


• Infrastructure & Transportation


• others

Key Players

The key players of global air insulated switchgear market are ABB Ltd. (Switzerland), Schneider Electric SE (France), Eaton Corporation, PLC (Ireland), Siemens AG (Germany), General Electric Company (U.S.), Lucy Electric Limited (U.K.), TBEA Energy (India) Private Limited (India), Yokogawa Electric Corporation (Japan), SwitchGear Company (Belgium) and EPE Switchgear (M) Sdn. Bhd. (Malaysia).

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