Switchgear Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the switchgear industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected switchgear market growth numbers from 2022-2031.
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The global switchgear market is expected to grow from $72.08 billion in 2021 to $82.24 billion in 2022 at a compound annual growth rate (CAGR) of 14.1%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The switchgear market is expected to reach $128.01 billion in 2026 at a CAGR of 11.7%.
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The Switchgear Global Market Report 2022-31 by The Business Research Company evaluates switchgear market size, growth rate, drivers, switchgear industry trends, and major companies.
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), Others
4) By Installation: Indoor, Outdoor
The table of contents in TBRC’s switchgear market report includes:
1.Executive Summary
2. Switchgears Market Characteristics
3. Switchgears Market Trends And Strategies
4. Impact Of COVID-19 On Switchgears
5. Switchgears Market Size And Growth
…..
26. Africa Switchgears Market
27. Switchgears Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Switchgears Market
29. Switchgears Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2016-2021, $ Billion
Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
Table 3: Global Switchgears Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Table 4: Global Switchgears Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Table 5: Global Switchgears Market, Segmentation By Insulation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
…..
Figure 47: Schneider Electric Financial Performance
Figure 48: Siemens AG Financial Performance
Figure 49: ABB Financial Performance
Figure 50: General Electric Financial Performance
Figure 51: Eaton Corporation Financial Performance
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