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Air Insulated Switchgear Market 2017: Analysis, Top Key Players, Drivers and Trends by Forecast to 2023

Global Air Insulated Switchgear Market Information by Installation (Indoor and Outdoor), by Power Range (3 – 24 kV, and Above 24 kV), Application (Distribution Utilities, Oil & Gas, Infrastructure & Transportation, and Other) and by Region - Forecast to 2023

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Air Insulated Switchgear Market 2017: Analysis, Top Key Players, Drivers and Trends by Forecast to 2023

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  1. Air Insulated Switchgear Market Analysis, Size, Share, Growth and Trends by Forecast 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. Distribution utilities dominate the application segment On the basis of applications, the global air insulated switchgear market is segmented as distribution utilities, oil & gas, infrastructure & transportation, and others. Distribution utilities dominate the application segment of the global air insulated switchgear market. To meet the growing power demand, investments in the power sector are increasing, which ultimately drives the demand of air insulated switchgear market. The increasing focus on renewable power generation are also fueling the demand of air insulated switchgear market. The air insulated switchgear is increasingly being applied in the infrastructure & transportation sector. Rapid growth in infrastructure, and minimization of CO2 emission by relying on electric traction for railway and metro transportation system also increase the demand of air insulated switchgear. https://www.marketresearchfuture.com/reports/wind-power-market-1511

  2. Taste the market data and market information presented through more than 50 market data tables and figures spread in 138 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Air Insulated Switchgear Market Research Report - Forecast to 2023“ Get Sample for this Report @ https://www.marketresearchfuture.com/sample_request/2847

  3. The early diners are offered free customization- Up To 20% Air Insulated Switchgear (AIS) is popular wherever space restrictions and environmental circumstances are not an issue. They have been in use for years before the introduction of others. Rising investment in smart grid projects and commissioning of restructuring and expansion projects are driving the demand of air insulated switchgear market. Air insulated switchgear are cost effective, pollution free, and have easy construction. The market has been analyzed based on installation, power rating, applications, and regions. On the basis of installation, global air insulated switchgear market is segmented as indoor and outdoor, out of which, indoor dominates the installation segment of global air insulated switchgear market. The outdoor segment is expected to grow significantly mainly due to the increase in its usage in oil & gas, power grids, and mining applications. On the basis of power rating, global air insulated switchgear market is segmented as 3–24 kV, and above 24 kV, out of which, 3–24 kV dominates the power rating segment of air insulated switchgear market. It is expected to grow at the fastest pace during the forecast period mainly due to increasing used in application such as infrastructure & transportation, oil & gas, and distribution sector. For long distance power transmission, the above 24 kV air insulated switchgear are used.

  4. Application & Major Players in this Research: 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) • EPE Switchgear (M) • Sdn. Bhd. (Malaysia).

  5. About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Know more http://www.marketresearchfuture.com/about-us

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