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Switchgears - Market Analysis, Trends, and Forecasts

  • ID: 1206740
  • Report
  • October 2019
  • Region: Global
  • 356 Pages
  • Global Industry Analysts, Inc
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FEATURED COMPANIES

  • Abb Group
  • Fuji Electric
  • Iljin Electric
  • Meidensha Corporation
  • Powell Industries, Inc.
  • Schneider Electric Se
  • MORE
The Switchgears market worldwide is projected to grow by US$44.3 Billion, driven by a compounded growth of 5.7%. Low Voltage, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$59.5 Billion by the year 2025, Low Voltage will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 4.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.6 Billion to the region's size and clout in the next 5 to 6 years. Over US$1.4 Billion worth of projected demand in the region will come from the rest of the European markets. In Japan, Low Voltage will reach a market size of US$3.2 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.5% over the next couple of years and add approximately US$11.9 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:
  • ABB Ltd.
  • CG Power and Industrial Solutions Ltd.
  • Eaton Corporation PLC
  • Fuji Electric Co., Ltd.
  • Hitachi Industrial Equipment Systems Co., Ltd.
  • Hubbell Power Systems, Inc.
  • Hyosung Corporation
  • Iljin Electric
  • Larsen & Toubro Ltd.
  • Meidensha Corporation
  • Mitsubishi Electric Corporation
  • Ormazabal
  • Powell Industries, Inc.
  • Rittal GmbH & Co. KG
  • Schneider Electric SA
  • Siemens AG
  • Toshiba Transmission & Distribution Systems (India) Pvt., Ltd.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abb Group
  • Fuji Electric
  • Iljin Electric
  • Meidensha Corporation
  • Powell Industries, Inc.
  • Schneider Electric Se
  • MORE

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Switchgears Competitor Market Share Scenario Worldwide (in %): 2019 & 2028

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Switchgears Market Share (in %) by Company: 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Switchgears Market: Competitor Market Share Scenario (in %) for 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

ABB GROUP

CG POWER AND INDUSTRIAL SOLUTIONS LTD.

EATON CORPORATION PLC

FUJI ELECTRIC

HITACHI INDUSTRIAL EQUIPMENT SYSTEMS CO., LTD.

HUBBELL POWER SYSTEMS, INC.

HYOSUNG CORPORATION

ILJIN ELECTRIC

LARSEN & TOUBRO

MEIDENSHA CORPORATION

MITSUBISHI ELECTRIC CORPORATION

ORMAZABAL

POWELL INDUSTRIES, INC.

RITTAL GMBH & CO. KG

SCHNEIDER ELECTRIC SE

SIEMENS AG

TOSHIBA TRANSMISSION & DISTRIBUTION SYSTEMS

V. CURATED RESEARCH

Note: Product cover images may vary from those shown
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  • Abb Group
  • Cg Power and Industrial Solutions Ltd.
  • Eaton Corporation Plc
  • Fuji Electric
  • Hitachi Industrial Equipment Systems Co., Ltd.
  • Hubbell Power Systems, Inc.
  • Hyosung Corporation
  • Iljin Electric
  • Larsen & Toubro
  • Meidensha Corporation
  • Mitsubishi Electric Corporation
  • Ormazabal
  • Powell Industries, Inc.
  • Rittal GMBH & Co. Kg
  • Schneider Electric Se
  • Siemens Ag
  • Toshiba Transmission & Distribution Systems
Note: Product cover images may vary from those shown
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