Pad-Mounted Switchgear Market worth 6.3 Billion USD by 2020

1. Pad-Mounted Switchgear Market worth 6.3 Billion USD by 2020 The report “Pad-Mounted Switchgear Market by Type (Air insulated, Gas insulated, & others), by Voltage Rating (0-15kV, 16-25kV, & above 25kV), by Application (Industrial, Commercial, & Residential) & by Region - Global Trends & Forecast to 2020”, defines and segments the global Pad- mounted Switchgear market with an analysis and forecast of the market size. Pad-mounted Switchgear market is expected to grow from an estimated USD 4.07 Billion in 2015 to USD 6.3 Billion by 2020, at a CAGR of 9.1% from 2015 to 2020. Increasing T&D infrastructure investments and growing trend toward undergrounding are driving the Pad-mounted Switchgear market for across the globe. The scope of the report Market share analysis by revenue for key companies is included in the report. The scope accordingly aids market participants to identify high growth markets and help managing key investment decisions. For this report, major players in the Pad-mounted Switchgear market have been identified using various primary and secondary sources, which include annual reports of top market players, interviews with key opinion leaders such as CEOs, directors, and marketing people. Based on this research, the market shares have been evaluated and validated. Sample Request: http://www.marketsandmarkets.com/requestsample.asp?id=139636225 The major players of the market To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the Pad-mounted Switchgear market include Eaton Corporation plc(Ireland), G&W Electric (U.S.), Hubbel Incorporated(U.S.), S&C Electric Company (U.S.), and Federal Pacific (U.S.) among others. Dominant players are trying to penetrate developing economies and adopting various methods to grab the market share. Europe is the dominant market for pad-mounted switchgear In this report, the Pad-mounted Switchgear market has been analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, Middle East & Africa and South &Central America. Europe will continue to dominate the market with increasing investment on T&D infrastructure and growing trend towards placing electrical lines underground. Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=139636225 Economic viability of Air insulated Pad-mounted Switchgear increases its market penetration Amongst the two major type of pad-mounted switchgears, air insulated pad-mounted switchgear is more used due to its economic viability. It currently holds nearly half of the total pad-mounted switchgear market. In areas with extensive space, air insulated switchgears are the primary choice due to its low construction costs. In this report, the air insulated switchgears have been further segmented by voltage ranges into 0-15 kV, 16-25KV, and above 25 kV.

2. Increasing preference for industrial pad-mounted switchgear The report also segments pad-mounted Switchgear market on the basis of its application, which includes industrial, commercial and residential. Industrial sector requires highly reliable power supply for continuous, optimum operations, leading to demand for uninterrupted underground distribution systems. In the coming years, pad-mounted switchgear in the industrial segment is expected to grow at a higher CAGR of 9.1% during the forecast period. Download Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=139636225 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Email: sales@marketsandmarkets.com