Air Insulated Switchgear Market Research Report - Forecast to 2027

Air Insulated Switchgear Market by Voltage (Up to 36 kV and >36 kV), Installation (Indoor and Outdoor), End-User (Transmission & Distribution, Manufacturing & Processing, and Infrastructure & Transportation), & Region - Global Forecast till 2027

ID: MRFR/E&P/2104-HCR | February 2021 | Region: Global | 140 pages

Air Insulated Switchgear Market Scenario


Air insulated switchgear market is expected to expand at ~4.5% CAGR during the forecast period.


The key drivers of global market of air insulated switchgear are rising transmission & distribution investments, rising power generation capacity additions, and low capital investment. Global T&D investment is expected to reach USD 351 billion per year by 2026 due to rising energy demand, new power generation capacity additions, and aging assets. China and India will be the countries with largest new T&D investment over the decade. Also, the cost of AIS is 30 to 40% less to GIS at medium voltage. All these factors are going to drive the market. However, the factors such as large space requirement and availability of alternatives such as gas insulated switchgear (GIS) are going to restraint the global market. Growing investments in renewable sector is expected to offer lucrative business opportunities to the global market. 


Air insulated switchgear market has been segmented on the basis of voltage, installation, and end-user. Based on voltage, the market is classified into up to 36 kV and > 36 kV. Up to 36 kV is estimated to hold the largest share owing to their application in medium voltage secondary distribution. Based on installation, the market is classified into indoor and outdoor. Among these, indoor segment is expected to dominate the market as these switchgears require low maintenance and are modular in design. The global market by end-user into transmission & distribution, manufacturing & processing, infrastructure & transportation, and others. Transmission & distribution segment is expected to dominate the global market due to rising investments in electrical networks globally.         


Air insulated switchgear global market by region is segmented into Asia Pacific, North America, Europe, the Middle East & Africa, and South America. Asia Pacific is expected to hold the largest share during the forecast period due to increasing electrical expenditure infrastructure and growing renewable sector in the region. China and India are the key countries driving the market in the Asia-Pacific region due to rising transmission & distribution investments. Asia-Pacific is expected to grow at fastest rate during the forecast period owing to new power generation capacity additions in the Southeast Asian countries such as Indonesia, Malaysia, Philippines, Thailand, and so on in the region. 


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.), Larsen & Toubro Limited (India), Toshiba Corporation (Japan), Crompton Greaves, Ltd. (India), Ormazabal (Brazil), C&S Electric (India), Lucy Electric (UK), TEPCO Group (Japan), and Alfanar Group (Saudi Arabia).


Market Segmentation


air insulated switchgear market


Air insulated switchgear (AIS) is an equipment which uses air as an insulation medium. The air insulated switchgear is less costly compared to gas insulated switchgear. But it requires more space and more maintenance compared to gas insulated switchgear. AIS does not require specific cable termination as normal cable termination can be used. AIS can be used for both indoor and outdoor applications. The air insulated switchgear includes live tank circuit breakers, dead tank circuit breakers, disconnectors, and so on. Transmission & distribution is the major application of air insulated switchgear.  Rising electricity demand is expected to drive the global market.


Intended Audience


The intended audience of global air insulated switchgear market are air insulated switchgear component suppliers/distributors/manufacturers, energy & power utilities, manufacturing & processing industries, power generation companies, environment research institutions, power industry associations, and government & research organization.



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   4.5% CAGR(2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Voltage, Installation and End-User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   ABB Ltd. (Switzerland), Schneider Electric SE (France), Eaton Corporation, PLC (Ireland), Siemens AG (Germany), General Electric Company (U.S.), Larsen & Toubro Limited (India), Toshiba Corporation (Japan), Crompton Greaves, Ltd. (India), Ormazabal (Brazil), C&S Electric (India), Lucy Electric (UK), TEPCO Group (Japan), and Alfanar Group (Saudi Arabia)
  Key Market Opportunities   Growing investments in renewable sector
  Key Market Drivers

  • Rising transmission & distribution investments
  • Rising power generation capacity additions
  • low capital investment
  • Rising electricity demand


  • Frequently Asked Questions (FAQ) :


    The market’s CAGR is recorded to be 4.5%.

    Schneider Electric SE (France), ABB Ltd. (Switzerland), PLC (Ireland), Siemens AG (Germany), Eaton Corporation, Larsen & Toubro Limited (India), General Electric Company (U.S.) are the important players leading the market.

    The air insulated switchgear market is leading in the Asia-Pacific region for rising transmission & distribution investments.

    Asia Pacific, North America, Europe, the Middle East & Africa, and South America are the main regions of the market’s growth.

    The market has been segmented by the segments of voltage, installation, and end-user.