The Business Research Company’s Switchgear Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Switchgear Global Market Report 2023 evaluates switchgear market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global switchgear market size will grow from $78.4 billion in 2022 to $85.37 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global switchgear is expected to grow to $114.89 billion in 2027 at a CAGR of 7.7%.
The switchgear market segments in the report are:
1) By Product Type: High Voltage, Medium Voltage, Low Voltage
2) By End-User: Residential, Commercial, Industrial
3) By Insulation: Gas Insulated Switchgear (GIS), Air Insulated Switchgear (AIS), Other Insulations
4) By Installation: Indoor, Outdoor
Top Major Players
Schneider Electric
Siemens AG
ABB
General Electric
Eaton Corporation
Asia-Pacific was the largest region in the switchgear market in 2022.
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The table of contents in TBRC’s switchgear market report includes:
1. Switchgear Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……………..
19. Global Switchgear Market Competitive Landscape
20. Key Mergers And Acquisitions In The Switchgear Market
21. Switchgear Market Opportunities And Strategies
22. Switchgear Market, Conclusions And Recommendations
23. Appendix
List Of Tables :
Table 1: Global Switchgear Market, Historic, 2015 – 2019, $ Billion
Table 2: Global Switchgear Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Billion
Table 3: Global Switchgear Market, Segmentation By Product Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
Table 4: Global Switchgear Market, Segmentation By Product Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, $ Billion
Table 5: Global Switchgear Market, Segmentation By End-User, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
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Table 202 : Eaton Corporation Inc – Financial Performance, $ Billion
Table 203: Global Switchgear Market Size Gain ($ Billion), 2019 – 2023, By Country
Table 204: Global Switchgear Market Size Gain ($ Billion), Segmentation By Product Type, 2019 – 2023
Table 205: Global Switchgear Market Size Gain ($ Billion), Segmentation By End-User, 2019 – 2023
Table 206: Switchgear Market Data Sources
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