The Chile Switchgear Market is Projected to Grow at a CAGR of 1.8% During 2019-2025
The Chile switchgear market is anticipated to grow during the forecast period due to strengthening power transmission network coupled with increasing renewable power generation capacity, to meet the current target of 100% dependency on the renewable sources under the plan “Energie 2050”. Further, upcoming projects in the mining sector would fuel the demand for switchgear in the country in future.
According to this research, the Chile Switchgear Market is projected to grow at a CAGR of 1.8% during 2019-2025. Air-insulated switchgear segment has acquired majority of the revenue share in the overall switchgear market of Chile. However, gas-insulated switchgears are expected to grow at a faster pace over the coming years on the back of less electric disruption, low maintenance needs, and more extended working life of gas-insulated switchgears.
Based on applications, mining and power utility sectors have higher Chile switchgear market share, in terms of revenues, in comparison to the other counterparts due to construction of new projects such as the 382 MW Campos del Solar PV plant, 116 MW solar project, 93 MW wind power project, 33 MW biomass power project, etc. across various regions in the country. Such developments would generate demand for medium voltage switchgears in the country.
The report thoroughly covers the market by voltage, by insulation type, by types, and by applications. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- Historical Data of Chile Switchgear Market Revenues for the Period 2015-2018
- Chile Switchgear Market Size and Chile Switchgear Market Forecast of Revenues, Until 2025
- Historical Data of Chile Switchgear Market Revenues, by voltage, for the Period 2015-2018
- Market Size & Forecast of Chile Switchgear Market Revenues, by voltage, until 2025
- Historical Data of Chile Switchgear Market Revenues, by insulation type, for the Period 2015-2018
- Market Size & Forecast of Chile Switchgear Market Revenues, by insulation type, until 2025
- Historical Data of Chile Switchgear Market Revenues, by types, for the Period 2015-2018
- Market Size & Forecast of Chile Switchgear Market Revenues, by types, until 2025
- Historical Data of Chile Switchgear Market Revenues, by applications, for the Period 2015-2018
- Market Size & Forecast of Chile Switchgear Market Revenues, by applications, until 2025
- Market Drivers
- Market Restraints
- Industry Life Cycle
- Porter's Five Force Analysis
- Market Opportunity Assessment
- Market Share, By Players
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The report provides a detailed analysis of the following market segments:
By Voltage
Low Voltage (<1.1 kV)
- By Types
- MCB
- MCCB
- C&R
- ACB
- COS
- Others (Distribution Boards, RCB, ELCB)
- By Applications
- Residential
- Commercial
- Industrial
- Power Utilities
- Others (Transportation infrastructure etc.)
Medium Voltage (1.1 kV - 36 kV)
- By Types
- ISG (Indoor Switchgear)
- OSG (Outdoor Switchgear)
- Others (RMU, CSS)
- By Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Other Insulated Switchgear (Hybrid, Oil)
- By Applications
- Commercial
- Industrial
- Power Utilities
- Others (Transportation infrastructure etc.)
High voltage Switchgear (<36 kV)
- By Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Other Insulated Switchgear (Hybrid, Oil)
- By Applications
- Residential
- Commercial
- Industrial
- Power Utilities
- Others (Transportation infrastructure etc.)
Table of Contents
1. Executive Summary
Companies Mentioned
- ABB Ltd.
- Caterpillar Inc.
- Eaton Corporation Plc
- Hitachi, Ltd.
- Legrand SA
- Rockwell Automation, Inc.
- Schneider Electric SE.
- Siemens AG
- WEG S.A.
Methodology
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