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Switchgear Monitoring System Market by Switchgear Type (Gas-insulated, Air-insulated), Voltage (Low, Medium, and High and Extra High), End User (Utilities, Industrial, Commercial, Residential), Component, Service, and Region - Global Forecast to 2030

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    Report

  • 253 Pages
  • August 2025
  • Region: Global
  • Markets and Markets
  • ID: 5145046
The global switchgear monitoring system market is estimated to grow from USD 2.17 billion in 2025 to USD 3.22 billion by 2030, at a CAGR of 8.2%. The growing demand for highly reliable power distribution systems, grid modernization, and predictive maintenance is fueling the expansion of the switchgear monitoring system market. Switchgear monitoring systems are also gaining momentum across industrial users due to ongoing technological advancements and the implementation of energy efficiency policies.

By end user, utilities segment to capture most significant share of switchgear monitoring system market throughout forecast period

The utilities segment accounts for the most significant portion of the switchgear monitoring system market, due to the rising adoption of advanced switchgear monitoring systems in critical infrastructure consisting of substations, and transmission and distribution networks. Switchgear monitoring systems are well-suited for utility operations due to their capabilities in real-time diagnostics, enhanced reliability, and reduced maintenance requirements. Growing interest in grid stability, outage prevention, and energy efficiency has led to a steady rise in the adoption of these systems. Additionally, government policies that encourage the implementation of smart monitoring technologies and the transition to smart grids further support and accelerate their deployment.

Europe to be second-largest market during forecast period

Europe is set to become the second-largest switchgear monitoring system market because of the massive penetration of these systems in industrial automation systems, the rising adoption of renewable energy sources, and smart grid development. The region already boasts established industry, deep capital investment into energy-efficient technology, and advantageous government policies regarding clean energy and electrification. Moreover, leading utility and manufacturing companies in countries such as Germany and France are intensifying their efforts to integrate switchgear monitoring systems to achieve greater reliability and sustainability. This proactive approach is further driving regional demand. In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects.

The distribution of primary interviews is as follows:

  • By Company Type: Tier 1 - 30%, Tier 2 - 55%, and Tier 3 - 15%
  • By Designation: C-level Executives - 30%, Directors - 20%, and Others - 50%
  • By Region: North America - 20%, Europe - 8%, Asia Pacific - 55%, Middle East & Africa - 13%, and South America - 4%
Note: The tiers of the companies are defined based on their total revenues as of 2024. Tier 1: Greater than USD 1 billion, Tier 2: USD 500 million to USD 1 billion, and Tier 3: Less than USD 500 million. Other designations include sales managers, engineers, and regional managers.

Schneider Electric, ABB, Siemens, GE Vernova, and Mitsubishi Electric Corporation are some major players in the switchgear monitoring system market. The study includes an in-depth competitive analysis of these key players, including their company profiles, recent developments, and key market strategies.

Research Coverage

The report defines, describes, and forecasts the global switchgear monitoring system market, by switchgear type, component, service, voltage, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the switchgear monitoring system market.

Key Benefits of Buying the Report

  • Key drivers (strengthened power distribution infrastructure), restraints (high installation cost), opportunities (growing deployment of smart grids), and challenges (inadequate data storage and management concerns) influence the growth of the switchgear monitoring system market.
  • Market Development: In May 2024, ABB introduced digital, low-voltage switchgear, which allows users to access data on electrical distribution in real time. This enables users to be Industry 4.0 ready and explore the potential of intelligent devices, IoT, and cloud technology. The company will apply this technology to its low-voltage switchgear range.
  • Product Innovation/Development: Significant product innovation existed in the switchgear monitoring system market. However, the innovation of IoT-enabled diagnostics and predictive maintenance capabilities of the most advanced systems is notable. These trends are geared toward improving reliability, minimizing downtime, and increasing efficiency standards among end users.
  • Market Diversification: In June 2024, IPEC Ltd. entered Asia by establishing a regional office in Kuala Lumpur. This growth acted as a platform to collaborate, assist, and interact with customers in the area. This business decision helped the company serve its clients, establish new relationships, and become more market-informed to propel innovations.
  • Competitive Assessment: The report includes an in-depth assessment of market shares, growth strategies, and service offerings of leading market players, such as ABB (Switzerland), Siemens (Germany), Schneider Electric (France), GE Vernova (US), and Mitsubishi Corporation (Japan).

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Segmentation and Regional Scope
1.3.2 Inclusions and Exclusions
1.3.3 Years Considered
1.4 Unit Considered
1.5 Currency Considered
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes
2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Data
2.1.1.1 List of Key Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 List of Key Primary Interview Participants
2.1.2.2 Key Primary Insights
2.1.2.3 Key Data from Primary Sources
2.1.2.4 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Regional Analysis
2.2.1.2 Country-Level Analysis
2.2.1.3 Demand-Side Assumptions
2.2.1.4 Demand-Side Calculations
2.2.2 Top-Down Approach
2.2.2.1 Supply-Side Assumptions
2.2.2.2 Supply-Side Calculations
2.3 Market Data Triangulation
2.3.1 Forecast
2.4 Research Assumptions
2.5 Research Limitations
2.6 Risk Assessment
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Players in Switchgear Monitoring System Market
4.2 Switchgear Monitoring System Market, by Region
4.3 Switchgear Monitoring System Market in Asia-Pacific, by End-user and Country
4.4 Switchgear Monitoring System Market, by Switchgear Type
4.5 Switchgear Monitoring System Market, by Component
4.6 Switchgear Monitoring System Market, by Voltage
4.7 Switchgear Monitoring System Market, by Service
4.8 Switchgear Monitoring System Market, by End-user
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Shift from Conventional Maintenance Methods to Condition-based Services
5.2.1.2 Strengthened Power Distribution Infrastructure
5.2.1.3 Rising Use of Electric Distribution and Transmission Systems Powered by Renewable Energy Sources
5.2.2 Restraints
5.2.2.1 High Installation Cost
5.2.2.2 Integration- and Cybersecurity-Related Challenges
5.2.3 Opportunities
5.2.3.1 Growing Deployment of Smart Grids
5.2.3.2 Expansion of Renewable Energy Infrastructure
5.2.4 Challenges
5.2.4.1 Inadequate Data Storage and Management Concerns
5.2.4.2 Susceptibility of Switchgear Monitoring Systems to Cyber Threats
5.3 Trends/Disruptions Impacting Customer Business
5.4 Ecosystem Analysis
5.5 Value Chain Analysis
5.6 Technology Analysis
5.6.1 Key Technologies
5.6.2 Adjacent Technologies
5.7 Pricing Analysis
5.7.1 Average Selling Price Trend of Switchgear Types, 2021-2024
5.7.2 Average Selling Price Trend of Switchgear Monitoring Systems, by Region, 2021-2024
5.8 Tariffs and Regulatory Landscape
5.8.1 Tariff Analysis (HS 853590)
5.8.2 Regulatory Landscape
5.8.3 Global Standards
5.9 Trade Analysis
5.9.1 Import Scenario (HS Code-853590)
5.9.2 Export Scenario (HS Code-853590)
5.10 Porter's Five Forces Analysis
5.10.1 Threat of Substitutes
5.10.2 Bargaining Power of Suppliers
5.10.3 Bargaining Power of Buyers
5.10.4 Threat of New Entrants
5.10.5 Intensity of Competitive Rivalry
5.11 Key Stakeholders and Buying Criteria
5.11.1 Key Stakeholders in Buying Process
5.11.2 Buying Criteria
5.12 Case Study Analysis
5.12.1 Maintaining Operational Integrity and Reducing Unplanned Downtime Across Grid by Deploying Dynamic Ratings’ Partial Discharge Monitoring System
5.12.2 Enhancing Grid Reliability and Minimizing Sf6 Emissions Through Wika's IoT-based Gis Monitoring System
5.12.3 Reducing Thermal-Related Failures and Enhancing Plant Resilience with Martec's IoT-based Monitoring Solution
5.13 Impact of Generative AI/AI on Switchgear Monitoring System Market
5.13.1 Adoption of Generative AI/AI by Switchgear Monitoring System Manufacturers
5.13.2 Impact of Generative AI/AI on Key End-users, by Region
5.13.3 Impact of AI on Switchgear Monitoring System Market, by Region
5.14 Impact of 2025 US Tariff - Overview
5.14.1 Introduction
5.14.2 Key Tariff Rates
5.14.3 Impact on Countries/Regions
5.14.3.1 North America
5.14.3.2 Europe
5.14.3.3 Asia-Pacific
5.14.3.4 South America
5.14.3.5 Middle East & Africa
5.14.4 Impact on End-users
6 Switchgear Monitoring System Market, by Switchgear Type
6.1 Introduction
6.2 Air-Insulated
6.2.1 Design Simplicity, Affordability, Easy Maintenance to Accelerate Demand
6.3 Gas-Insulated
6.3.1 Surging Utilization in High-Voltage Applications to Augment Market Growth
7 Switchgear Monitoring System Market, by Voltage
7.1 Introduction
7.2 Low
7.2.1 Rising Demand for Home Automation and Energy Management Solutions to Propel Segmental Growth
7.3 Medium
7.3.1 Inclination Toward Deployment of Smart Grids and Digital Substations to Spur Demand
7.4 High and Extra High
7.4.1 Rapid Development of Power Transmission Networks in Developing Countries to Boost Demand
8 Switchgear Monitoring System Market, by Service
8.1 Introduction
8.2 Partial Discharge Monitoring
8.2.1 Increasing Requirement for High-Performance and Reliable Electrical Assets to Accelerate Adoption
8.3 Gas Monitoring
8.3.1 Operational Necessity to Detect Sf6 Leakage to Elevate Demand
8.4 Temperature Monitoring
8.4.1 Emphasis on Early Fault Detection to Foster Segmental Growth
8.5 Other Services
9 Switchgear Monitoring System Market, by Component
9.1 Introduction
9.2 Hardware
9.2.1 Rising Demand for Real-Time Monitoring of Temperature, Insulation Integrity and Voltage Levels to Drive Market
9.2.2 Intelligent Equipment Devices
9.2.3 Distribution Network Feeders
9.2.4 Other Hardware Components
9.3 Software
9.3.1 Pressing Need to Handle Data Processing and Execution to Boost Demand for Secure and Embedded Software
10 Switchgear Monitoring System Market, by End-user
10.1 Introduction
10.2 Utilities
10.2.1 Surging Adoption of ML-Integrated Switchgear Monitoring Systems to Get Real-Time Insights to Foster Market Growth
10.3 Industrial
10.3.1 Focus on Preventing Financial Losses due to Power Disruptions and Equipment Damage to Boost Demand
10.4 Commercial
10.4.1 Ongoing Infrastructural Developments due to Rapid Urbanization in Developing Countries to Stimulate Demand
10.5 Other End-users
11 Switchgear Monitoring System Market, by Region
11.1 Introduction
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Increasing Investments in Renewable Energy Projects to Support Market Growth
11.2.2 Japan
11.2.2.1 Surging Microgrid Deployments to Fuel Market Growth
11.2.3 India
11.2.3.1 Emphasis on Electrification Projects to Elevate Demand
11.2.4 South Korea
11.2.4.1 Commitment to Carbon Neutrality to Create Growth Opportunities
11.2.5 Australia
11.2.5.1 Deployment of Hybrid Solar-Wind Microgrids to Elevate Demand
11.2.6 Rest of Asia-Pacific
11.3 Europe
11.3.1 Germany
11.3.1.1 Increasing Government Investment in Expanding Wind and Solar Infrastructure to Fuel Demand
11.3.2 UK
11.3.2.1 AI-Driven Maintenance and Offshore Wind Projects to Escalate Demand
11.3.3 France
11.3.3.1 Greater Emphasis on Grid Modernization to Contribute to Market Growth
11.3.4 Italy
11.3.4.1 Increasing Green Energy Projects to Augment Adoption
11.3.5 Russia
11.3.5.1 Rising Investments in Hydrogen Energy Projects to Support Market Growth
11.3.6 Rest of Europe
11.4 North America
11.4.1 US
11.4.1.1 Strong Focus on Increasing Renewable Energy Output to Support Market Growth
11.4.2 Canada
11.4.2.1 Rising Investments in Wind Energy Projects to Foster Market Growth
11.4.3 Mexico
11.4.3.1 Expansion of Power Generation, Transmission, and Distribution Networks to Contribute to Market Growth
11.5 Middle East & Africa
11.5.1 GCC
11.5.1.1 Saudi Arabia
11.5.1.1.1 Pressing Need to Upgrade Power Infrastructure to Drive Market
11.5.1.2 UAE
11.5.1.2.1 Growing Emphasis on Improving Onshore Power Grids to Accelerate Market Growth
11.5.1.3 Kuwait
11.5.1.3.1 Increasing Transition Toward Clean Energy to Boost Adoption
11.5.1.4 Rest of GCC
11.5.2 South Africa
11.5.2.1 Northern Cape Solar Initiative and Innovations in Power Monitoring to Fuel Market Growth
11.5.3 Rest of Middle East & Africa
11.6 South America
11.6.1 Brazil
11.6.1.1 Surging Power Demand and Need for Electrification to Propel Market
11.6.2 Argentina
11.6.2.1 Increasing Government Investments in Offshore Gas Production Projects to Contribute to Market Growth
11.6.3 Rest of South America
12 Competitive Landscape
12.1 Overview
12.1.1 Key Player Strategies/Right to Win, 2021-2025
12.1.2 Market Share Analysis, 2024
12.1.3 Revenue Analysis, 2020-2024
12.2 Company Evaluation Matrix: Key Players, 2024
12.2.1 Stars
12.2.2 Emerging Leaders
12.2.3 Pervasive Players
12.2.4 Participants
12.2.5 Company Footprint: Key Players, 2024
12.2.5.1 Company Footprint
12.2.5.2 Region Footprint
12.2.5.3 Switchgear Type Footprint
12.2.5.4 Voltage Footprint
12.2.5.5 End-user Footprint
12.3 Company Evaluation Matrix: Startups/SMEs, 2024
12.3.1 Progressive Companies
12.3.2 Responsive Companies
12.3.3 Dynamic Companies
12.3.4 Starting Blocks
12.3.5 Competitive Benchmarking: Startups/SMEs, 2024
12.3.5.1 Detailed List of Key Startups/SMEs
12.3.5.2 Competitive Benchmarking of Key Startups/SMEs
12.4 Competitive Scenario
12.4.1 Product Launches
12.4.2 Deals
12.4.3 Expansions
12.4.4 Other Developments
13 Company Profiles
13.1 Key Players
13.1.1 Siemens
13.1.1.1 Business Overview
13.1.1.2 Products/Solutions/Services Offered
13.1.1.3 Recent Developments
13.1.1.3.1 Product Launches
13.1.1.3.2 Deals
13.1.1.3.3 Expansions
13.1.1.3.4 Other Developments
13.1.1.4 Analyst's View
13.1.1.4.1 Key Strengths/Right to Win
13.1.1.4.2 Strategic Choices
13.1.1.4.3 Weaknesses/Competitive Threats
13.1.2 ABB
13.1.2.1 Business Overview
13.1.2.2 Products/Solutions/Services Offered
13.1.2.3 Recent Developments
13.1.2.3.1 Product Launches
13.1.2.3.2 Expansions
13.1.2.3.3 Other Developments
13.1.2.4 Analyst's View
13.1.2.4.1 Key Strengths/Right to Win
13.1.2.4.2 Strategic Choices
13.1.2.4.3 Weaknesses/Competitive Threats
13.1.3 Schneider Electric
13.1.3.1 Business Overview
13.1.3.2 Products/Solutions/Services Offered
13.1.3.3 Recent Developments
13.1.3.3.1 Product Launches
13.1.3.3.2 Deals
13.1.3.3.3 Other Developments
13.1.3.4 Analyst's View
13.1.3.4.1 Key Strengths/Right to Win
13.1.3.4.2 Strategic Choices
13.1.3.4.3 Weaknesses/Competitive Threats
13.1.4 Eaton
13.1.4.1 Business Overview
13.1.4.2 Products/Solutions/Services Offered
13.1.4.3 Recent Developments
13.1.4.3.1 Product Launches
13.1.4.3.2 Expansions
13.1.4.3.3 Other Developments
13.1.4.4 Analyst's View
13.1.4.4.1 Key Strengths/Right to Win
13.1.4.4.2 Strategic Choices
13.1.4.4.3 Weaknesses/Competitive Threats
13.1.5 GE Vernova
13.1.5.1 Business Overview
13.1.5.2 Products/Solutions/Services Offered
13.1.5.3 Recent Developments
13.1.5.3.1 Product Launches
13.1.5.4 Analyst's View
13.1.5.4.1 Key Strengths/Right to Win
13.1.5.4.2 Strategic Choices
13.1.5.4.3 Weaknesses/Competitive Threats
13.1.6 Mitsubishi Electric Corporation
13.1.6.1 Business Overview
13.1.6.2 Products/Solutions/Services Offered
13.1.6.3 Recent Developments
13.1.6.3.1 Expansions
13.1.6.3.2 Other Developments
13.1.7 Emerson Electric Co.
13.1.7.1 Business Overview
13.1.7.2 Products/Solutions/Services Offered
13.1.8 Hitachi, Ltd.
13.1.8.1 Business Overview
13.1.8.2 Products/Solutions/Services Offered
13.1.8.3 Recent Developments
13.1.8.3.1 Deals
13.1.8.3.2 Expansions
13.1.9 Pt. Tiara Vibrasindo Pratama
13.1.9.1 Business Overview
13.1.9.2 Products/Solutions/Services Offered
13.1.10 Senseor - Wika Group
13.1.10.1 Business Overview
13.1.10.2 Products/Solutions/Services Offered
13.1.11 Blue Jay Technology Co. Ltd.
13.1.11.1 Business Overview
13.1.11.2 Products/Solutions/Services Offered
13.1.12 Dynamic Ratings
13.1.12.1 Business Overview
13.1.12.2 Products/Solutions/Services Offered
13.1.12.3 Recent Developments
13.1.12.3.1 Deals
13.1.12.3.2 Expansions
13.1.13 Osensa Innovations
13.1.13.1 Business Overview
13.1.13.2 Products/Solutions/Services Offered
13.1.13.3 Recent Developments
13.1.13.3.1 Product Launches
13.1.14 Megger
13.1.14.1 Business Overview
13.1.14.2 Products/Solutions/Services Offered
13.1.14.3 Recent Developments
13.1.14.3.1 Expansions
13.1.15 Ipec Ltd.
13.1.15.1 Business Overview
13.1.15.2 Products/Solutions/Services Offered
13.1.15.3 Recent Developments
13.1.15.3.1 Product Launches
13.1.15.3.2 Expansions
13.2 Other Players
13.2.1 Monitra Ltd.
13.2.2 Rugged Monitoring
13.2.3 Pds
13.2.4 Doble Engineering Company
13.2.5 Nuventura
14 Appendix
14.1 Insights from Industry Experts
14.2 Discussion Guide
14.3 Knowledgestore: The Subscription Portal
14.4 Customization Options
List of Tables
Table 1 Switchgear Monitoring System Market: Inclusions and Exclusions, by Switchgear Type
Table 2 Switchgear Monitoring System Market: Inclusions and Exclusions, by Component
Table 3 Switchgear Monitoring System Market: Inclusions and Exclusions, by Voltage
Table 4 Switchgear Monitoring System Market: Inclusions and Exclusions, by Service
Table 5 Switchgear Monitoring System Market: Inclusions and Exclusions, by End-user
Table 6 Switchgear Monitoring System Market: Inclusions and Exclusions, by Region
Table 7 Switchgear Monitoring System Market Size Estimation Methodology (Demand Side)
Table 8 Switchgear Monitoring System Market: Risk Analysis
Table 9 Switchgear Monitoring System Market Snapshot
Table 10 Projects/Regulations by Different Countries for Energy Transition
Table 11 Energy Transition Scores, by Country, 2024
Table 12 Role of Companies in Switchgear Monitoring System Ecosystem
Table 13 Average Selling Price Trend of Switchgear Types, 2021-2024 (USD/Unit)
Table 14 Average Selling Price Trend of Switchgear Monitoring Systems, by Region, 2021-2024 (USD/Unit)
Table 15 Import Data for HS Code 853590-Compliant Products, 2024
Table 16 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 17 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 18 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 19 South America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 20 Middle East & Africa: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 21 Switchgear Monitoring System Market: List of Patents, 2021-2023
Table 22 Import Data for HS Code-853590 Compliant Products, by Country, 2022-2024 (USD Thousand)
Table 23 Export Data for HS Code-853590 Compliant Products, by Country, 2022-2024 (USD Thousand)
Table 24 Switchgear Monitoring System Market: Porter's Five Forces Analysis
Table 25 Influence of Stakeholders on Buying Process for Top 3 End-users
Table 26 Key Buying Criteria for Top 3 End-users
Table 27 US-Adjusted Reciprocal Tariff Rates
Table 28 Anticipated Change in Prices and Potential Impact on End-users due to Tariff Enforcement
Table 29 Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 30 Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 31 Air-Insulated: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 32 Air-Insulated: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 33 Gas-Insulated: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 34 Gas-Insulated: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 35 Switchgear Monitoring System Market, by Voltage, 2021-2024 (USD Million)
Table 36 Switchgear Monitoring System Market, by Voltage, 2025-2030 (USD Million)
Table 37 Low: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 38 Low: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 39 Medium: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 40 Medium: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 41 High and Extra High: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 42 High and Extra High: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 43 Switchgear Monitoring System Market, by Service, 2021-2024 (USD Million)
Table 44 Switchgear Monitoring System Market, by Service, 2025-2030 (USD Million)
Table 45 Partial Discharge Monitoring: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 46 Partial Discharge Monitoring: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 47 Gas Monitoring: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 48 Gas Monitoring: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 49 Temperature Monitoring: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 50 Temperature Monitoring: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 51 Other Services: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 52 Other Services: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 53 Switchgear Monitoring System Market, by Component, 2021-2024 (USD Million)
Table 54 Switchgear Monitoring System Market, by Component, 2025-2030 (USD Million)
Table 55 Hardware: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 56 Hardware: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 57 Software: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 58 Software: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 59 Switchgear Monitoring System Market, by End-user, 2021-2024 (USD Million)
Table 60 Switchgear Monitoring System Market, by End-user, 2025-2030 (USD Million)
Table 61 Utilities: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 62 Utilities: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 63 Industrial: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 64 Industrial: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 65 Commercial: Switchgear Monitoring System Market, by Region 2021-2024 (USD Million)
Table 66 Commercial: Switchgear Monitoring System Market, by Region 2025-2030 (USD Million)
Table 67 Other End-users: Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 68 Other End-users: Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 69 Switchgear Monitoring System Market, by Region, 2021-2024 (USD Million)
Table 70 Switchgear Monitoring System Market, by Region, 2025-2030 (USD Million)
Table 71 Switchgear Monitoring System Market, by Region, 2021-2024 (Units)
Table 72 Switchgear Monitoring System Market, by Region, 2025-2030 (Units)
Table 73 Asia-Pacific: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 74 Asia-Pacific: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 75 Asia-Pacific: Switchgear Monitoring System Market, by Voltage, 2021-2024 (USD Million)
Table 76 Asia-Pacific: Switchgear Monitoring System Market, by Voltage, 2025-2030 (USD Million)
Table 77 Asia-Pacific: Switchgear Monitoring System Market, by Component, 2021-2024 (USD Million)
Table 78 Asia-Pacific: Switchgear Monitoring System Market, by Component, 2025-2030 (USD Million)
Table 79 Asia-Pacific: Switchgear Monitoring System Market, by Service, 2021-2024 (USD Million)
Table 80 Asia-Pacific: Switchgear Monitoring System Market, by Service, 2025-2030 (USD Million)
Table 81 Asia-Pacific: Switchgear Monitoring System Market, by End-user, 2021-2024 (USD Million)
Table 82 Asia-Pacific: Switchgear Monitoring System Market, by End-user, 2025-2030 (USD Million)
Table 83 Asia-Pacific: Switchgear Monitoring System Market, by Country, 2021-2024 (USD Million)
Table 84 Asia-Pacific: Switchgear Monitoring System Market, by Country, 2025-2030 (USD Million)
Table 85 China: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 86 China: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 87 Japan: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 88 Japan: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 89 India: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 90 India: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 91 South Korea: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 92 South Korea: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 93 Australia: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 94 Australia: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 95 Rest of Asia-Pacific: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 96 Rest of Asia-Pacific: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 97 Europe: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 98 Europe: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 99 Europe: Switchgear Monitoring System Market, by Voltage, 2021-2024 (USD Million)
Table 100 Europe: Switchgear Monitoring System Market, by Voltage, 2025-2030 (USD Million)
Table 101 Europe: Switchgear Monitoring System Market, by Component, 2021-2024 (USD Million)
Table 102 Europe: Switchgear Monitoring System Market, by Component, 2025-2030 (USD Million)
Table 103 Europe: Switchgear Monitoring System Market, by Service, 2021-2024 (USD Million)
Table 104 Europe: Switchgear Monitoring System Market, by Service, 2025-2030 (USD Million)
Table 105 Europe: Switchgear Monitoring System Market, by End-user, 2021-2024 (USD Million)
Table 106 Europe: Switchgear Monitoring System Market, by End-user, 2025-2030 (USD Million)
Table 107 Europe: Switchgear Monitoring System Market, by Country, 2021-2024 (USD Million)
Table 108 Europe: Switchgear Monitoring System Market, by Country, 2025-2030 (USD Million)
Table 109 Germany: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 110 Germany: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 111 UK: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 112 UK: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 113 France: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 114 France: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 115 Italy: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 116 Italy: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 117 Russia: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 118 Russia: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 119 Rest of Europe: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 120 Rest of Europe: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 121 North America: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 122 North America: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 123 North America: Switchgear Monitoring System Market, by Voltage, 2021-2024 (USD Million)
Table 124 North America: Switchgear Monitoring System Market, by Voltage, 2025-2030 (USD Million)
Table 125 North America: Switchgear Monitoring System Market, by Component, 2021-2024 (USD Million)
Table 126 North America: Switchgear Monitoring System Market, by Component, 2025-2030 (USD Million)
Table 127 North America: Switchgear Monitoring System Market, by Service, 2021-2024 (USD Million)
Table 128 North America: Switchgear Monitoring System Market, by Service, 2025-2030 (USD Million)
Table 129 North America: Switchgear Monitoring System Market, by End-user, 2021-2024 (USD Million)
Table 130 North America: Switchgear Monitoring System Market, by End-user, 2025-2030 (USD Million)
Table 131 North America: Switchgear Monitoring System Market, by Country, 2021-2024 (USD Million)
Table 132 North America: Switchgear Monitoring System Market, by Country, 2025-2030 (USD Million)
Table 133 US: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 134 US: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 135 Canada: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 136 Canada: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 137 Mexico: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 138 Mexico: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 139 Middle East & Africa: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 140 Middle East & Africa: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 141 Middle East & Africa: Switchgear Monitoring System Market, by Voltage, 2021-2024 (USD Million)
Table 142 Middle East & Africa: Switchgear Monitoring System Market, by Voltage, 2025-2030 (USD Million)
Table 143 Middle East & Africa: Switchgear Monitoring System Market, by Component, 2021-2024 (USD Million)
Table 144 Middle East & Africa: Switchgear Monitoring System Market, by Component, 2025-2030 (USD Million)
Table 145 Middle East & Africa: Switchgear Monitoring System Market, by Service, 2021-2024 (USD Million)
Table 146 Middle East & Africa: Switchgear Monitoring System Market, by Service, 2025-2030 (USD Million)
Table 147 Middle East & Africa: Switchgear Monitoring System Market, by End-user, 2021-2024 (USD Million)
Table 148 Middle East & Africa: Switchgear Monitoring System Market, by End-user, 2025-2030 (USD Million)
Table 149 Middle East & Africa: Switchgear Monitoring System Market, by Country, 2021-2024 (USD Million)
Table 150 Middle East & Africa: Switchgear Monitoring System Market, by Country, 2025-2030 (USD Million)
Table 151 GCC: Switchgear Monitoring System Market, by Country, 2021-2024 (USD Million)
Table 152 GCC: Switchgear Monitoring System Market, by Country, 2025-2030 (USD Million)
Table 153 Saudi Arabia: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 154 Saudi Arabia: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 155 UAE: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 156 UAE: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 157 Kuwait: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 158 Kuwait: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 159 Rest of GCC: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 160 Rest of GCC: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 161 South Africa: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 162 South Africa: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 163 Rest of Middle East & Africa: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 164 Rest of Middle East & Africa: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 165 South America: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 166 South America: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 167 South America: Switchgear Monitoring System Market, by Voltage, 2021-2024 (USD Million)
Table 168 South America: Switchgear Monitoring System Market, by Voltage, 2025-2030 (USD Million)
Table 169 South America: Switchgear Monitoring System Market, by Component, 2021-2024 (USD Million)
Table 170 South America: Switchgear Monitoring System Market, by Component, 2025-2030 (USD Million)
Table 171 South America: Switchgear Monitoring System Market, by Service, 2021-2024 (USD Million)
Table 172 South America: Switchgear Monitoring System Market, by Service, 2025-2030 (USD Million)
Table 173 South America: Switchgear Monitoring System Market, by End-user, 2021-2024 (USD Million)
Table 174 South America: Switchgear Monitoring System Market, by End-user, 2025-2030 (USD Million)
Table 175 South America: Switchgear Monitoring System Market, by Country, 2021-2024 (USD Million)
Table 176 South America: Switchgear Monitoring System Market, by Country, 2025-2030 (USD Million)
Table 177 Brazil: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 178 Brazil: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 179 Argentina: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 180 Argentina: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 181 Rest of South America: Switchgear Monitoring System Market, by Switchgear Type, 2021-2024 (USD Million)
Table 182 Rest of South America: Switchgear Monitoring System Market, by Switchgear Type, 2025-2030 (USD Million)
Table 183 Switchgear Monitoring System Market: Overview of Strategies Adopted by Key Players, March 2021-June 2025
Table 184 Switchgear Monitoring System Market: Degree of Competition, 2024
Table 185 Switchgear Monitoring System Market: Region Footprint
Table 186 Switchgear Monitoring System Market: Switchgear Type Footprint
Table 187 Switchgear Monitoring System Market: Voltage Footprint
Table 188 Switchgear Monitoring System Market: End-user Footprint
Table 189 Switchgear Monitoring System Market: List of Key Startups/SMEs
Table 190 Switchgear Monitoring System Market: Competitive Benchmarking of Key Startups/SMEs
Table 191 Switchgear Monitoring System Market: Product Launches, January 2021-June 2025
Table 192 Switchgear Monitoring System Market: Deals, January 2021-June 2025
Table 193 Switchgear Monitoring System Market: Expansions, January 2021-June 2025
Table 194 Switchgear Monitoring System Market: Other Developments, January 2021-June 2025
Table 195 Siemens: Company Overview
Table 196 Siemens: Products/Solutions/Services Offered
Table 197 Siemens: Product Launches
Table 198 Siemens: Deals
Table 199 Siemens: Expansions
Table 200 Siemens: Other Developments
Table 201 ABB: Company Overview
Table 202 ABB: Products/Solutions/Services Offered
Table 203 ABB: Product Launches
Table 204 ABB: Expansions
Table 205 ABB: Other Developments
Table 206 Schneider Electric: Company Overview
Table 207 Schneider Electric: Products/Solutions/Services Offered
Table 208 Schneider Electric: Product Launches
Table 209 Schneider Electric: Deals
Table 210 Schneider Electric: Other Developments
Table 211 Eaton: Company Overview
Table 212 Eaton: Products/Solutions/Services Offered
Table 213 Eaton: Product Launches
Table 214 Eaton: Expansions
Table 215 Eaton: Other Developments
Table 216 GE Vernova: Company Overview
Table 217 GE Vernova: Products/Solutions/Services Offered
Table 218 GE Vernova: Product Launches
Table 219 Mitsubishi Electric Corporation: Company Overview
Table 220 Mitsubishi Electric Corporation: Products/Solutions/ Services Offered
Table 221 Mitsubishi Electric Corporation: Expansions
Table 222 Mitsubishi Electric Corporation: Other Developments
Table 223 Emerson Electric Co.: Company Overview
Table 224 Emerson Electric Co.: Products/Solutions/Services Offered
Table 225 Hitachi, Ltd.: Company Overview
Table 226 Hitachi, Ltd.: Products/Solutions/Services Offered
Table 227 Hitachi, Ltd.: Deals
Table 228 Hitachi, Ltd.: Expansions
Table 229 Pt. Tiara Vibrasindo Pratama: Company Overview
Table 230 Pt. Tiara Vibrasindo Pratama: Products/Solutions/Services Offered
Table 231 Senseor - Wika Group: Company Overview
Table 232 Senseor - Wika Group: Products/Solutions/Services Offered
Table 233 Blue Jay Technology Co. Ltd.: Company Overview
Table 234 Blue Jay Technology Co. Ltd.: Products/Solutions/Services Offered
Table 235 Dynamic Ratings: Company Overview
Table 236 Dynamic Ratings: Products/Solutions/Services Offered
Table 237 Dynamic Ratings: Deals
Table 238 Dynamic Ratings: Expansions
Table 239 Osensa Innovations: Company Overview
Table 240 Osensa Innovations: Products/Solutions/Services Offered
Table 241 Osensa Innovations: Product Launches
Table 242 Megger: Company Overview
Table 243 Megger: Products/Solutions/Services Offered
Table 244 Megger: Expansions
Table 245 Ipec Ltd.: Company Overview
Table 246 Ipec Ltd.: Products/Solutions/Services Offered
Table 247 Ipec Ltd.: Product Launches
Table 248 Ipec Ltd.: Expansions
List of Figures
Figure 1 Switchgear Monitoring System Market: Research Design
Figure 2 Breakdown of Primaries
Figure 3 Key Metrics Considered to Analyze Demand for Switchgear Monitoring Systems
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Switchgear Monitoring System Market Size Estimation Methodology: Top-Down Approach
Figure 6 Key Steps Considered in Assessing Supply of Switchgear Monitoring Systems
Figure 7 Switchgear Monitoring System Market: Supply-Side Analysis
Figure 8 Data Triangulation Methodology
Figure 9 Asia-Pacific to be Fastest-Growthing Market for Switchgear Monitoring Systems During Forecast Period
Figure 10 Gas-Insulated Segment Held Majority of Market Share in 2024
Figure 11 Software Segment to Exhibit Higher CAGR During Forecast Period
Figure 12 High and Extra High Segment Accounted for Largest Market Share in 2024
Figure 13 Temperature Monitoring Segment to Record Highest CAGR from 2025 to 2030
Figure 14 Utilities Segment Led Market in 2024
Figure 15 Growing Deployment of Smart Grids Globally to Drive Market
Figure 16 Asia-Pacific to Witness Highest CAGR from 2025 to 2030
Figure 17 Utilities Segment and China Held Largest Share of Asia-Pacific Switchgear Monitoring System Market in 2024
Figure 18 Gas-Insulated Segment to Capture Larger Market Share in 2030
Figure 19 Hardware Components to Secure Prominent Market Share in 2030
Figure 20 High and Extra High Segment to Dominate Market in 2030
Figure 21 Temperature Monitoring Segment to Lead Market in 2030
Figure 22 Utilities Segment to Command Market in 2030
Figure 23 Switchgear Monitoring System Market: Drivers, Restraints, Opportunities, and Challenges
Figure 24 Annual Clean Energy Investments, 2019-2024
Figure 25 Global Energy Transition Investment, 2013-2023
Figure 26 Investment in Power Grids and Storage Infrastructure, by Region, 2019-2024
Figure 27 Global Renewable Electricity Generation, 2013-2023
Figure 28 Trends/Disruptions Impacting Customer Business
Figure 29 Switchgear Monitoring System Ecosystem Players
Figure 30 System Manufacturers and Assemblers Service Providers to ADD Maximum Value to Overall Product
Figure 31 Average Selling Price Trend of Different Type of Switchgear Deployed in Switchgear Monitoring Systems, 2021-2024
Figure 32 Average Selling Price Trend of Switchgear Monitoring Systems, by Region, 2021-2024
Figure 33 Patent Analysis, 2014-2024
Figure 34 Import Scenario for HS Code-853590 Compliant Products in Top 5 Countries, 2022-2024
Figure 35 Export Scenario for HS Code-853590 Compliant Products in Top 5 Countries, 2022-2024
Figure 36 Switchgear Monitoring System Market: Porter's Five Forces Analysis
Figure 37 Key Stakeholders in Buying Process for Top 3 End-users
Figure 38 Key Buying Criteria for Top 3 End-users
Figure 39 Impact of Generative AI/AI on End-users, by Region
Figure 40 Switchgear Monitoring System Market Share, by Switchgear Type, 2024
Figure 41 Switchgear Monitoring System Market Share, by Voltage, 2024
Figure 42 Switchgear Monitoring System Market, by Service, 2024
Figure 43 Switchgear Monitoring System Market Share, by Component, 2024
Figure 44 Switchgear Monitoring System Market Share, by End-user, 2024
Figure 45 Asia-Pacific to Register Highest CAGR in Switchgear Monitoring System Market from 2025 to 2030
Figure 46 Switchgear Monitoring System Market, by Region, 2024
Figure 47 Asia-Pacific: Switchgear Monitoring System Market Snapshot
Figure 48 Europe: Switchgear Monitoring System Market Snapshot
Figure 49 Market Share Analysis of Companies Offering Switchgear Monitoring Systems, 2024
Figure 50 Switchgear Monitoring System Market: Revenue Analysis of Key Players, 2020-2024
Figure 51 Switchgear Monitoring System Market: Company Evaluation Matrix (Key Players), 2024
Figure 52 Switchgear Monitoring System Market: Company Footprint
Figure 53 Switchgear Monitoring System Market: Company Evaluation Matrix (Startups/SMEs), 2024
Figure 54 Siemens: Company Snapshot
Figure 55 ABB: Company Snapshot
Figure 56 Schneider Electric: Company Snapshot
Figure 57 Eaton: Company Snapshot
Figure 58 GE Vernova: Company Snapshot
Figure 59 Mitsubishi Electric Corporation: Company Snapshot
Figure 60 Emerson Electric Co.: Company Snapshot
Figure 61 Hitachi, Ltd.: Company Snapshot

Companies Mentioned

  • Siemens
  • ABB
  • Schneider Electric
  • Eaton
  • GE Vernova
  • Mitsubishi Electric Corporation
  • Emerson Electric Co.
  • Hitachi, Ltd.
  • Pt. Tiara Vibrasindo Pratama
  • Senseor - Wika Group
  • Blue Jay Technology Co. Ltd.
  • Dynamic Ratings
  • Osensa Innovations
  • Megger
  • Ipec Ltd.
  • Monitra Ltd.
  • Rugged Monitoring
  • Pds
  • Doble Engineering Company
  • Nuventura

Table Information