Medium Voltage Switchgear Market Estimated to Expand at a Robust CAGR by 2025

1. Medium Voltage Switchgear Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2025 ©2019 Transparency Market Research, All Rights Reserved

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3. Global Medium Voltage Switchgear Market: Snapshot Switchgears are switching devices that are specially designed to regulate, control, and protect various types of power generation, distribution, and transmission equipment. It is also used to provide protection to different electric motor control systems installed across various end user segments. In electric power systems, switchgears are a combination of circuit breakers or fuses and disconnect switches. The purpose of switchgears is to de-energize the equipment and allow maintenance work to be done and clear downstream faults View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Asia Pacific Likely to Dominate Medium Voltage Switchgear Market • For the purpose of providing an in-depth and exhaustive analysis of the medium voltage switchgear market across the globe, the market has been segmented on the basis of voltage, insulation, and end user. • Based on different voltage ratings of medium voltage switchgear available in the market, the market has been classified into 3kV – 5kV, 6kV – 15kV, 17kV – 27kV and 28kV – 40kV. • In addition, depending on the insulating medium, the global medium voltage switchgear market has been categorized into air insulated switchgear, gas insulated switchgear, and others. • The others segment includes switchgears whose insulation is based on solid and oil.

5. Rising Demand for Electrification Drives Demand from Medium Voltage Switchgear Market Increasing demand for electrification along with adoption of smart grid technology in emerging countries is one of the primary factors expected to boost the demand from the medium voltage switchgear market in the coming years. There has always been a problem of electrification in the emerging countries, which has hindered the growth of industrial and construction sectors. Furthermore, lack of proper electrification in industries has been inhibiting the use of switchgears and other advanced equipment, which require electricity. As of 2015, the electrification rate was less than 68% in South Asian countries such as Sri Lanka, Laos, India and Indonesia. ©2019 Transparency Market Research, All Rights Reserved

6. Key players in global medium voltage switchgear market  Schneider Electric SE (France) ABB (Switzerland) Siemens AG (Germany) General Electric (the U.S) ©2019 Transparency Market Research, All Rights Reserved

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