Air Insulated Switchgear: Global Strategic Business Report

Global Air Insulated Switchgear Market to Reach $9 Billion by 2030

The global market for Air Insulated Switchgear estimated at US$6.6 Billion in the year 2022, is projected to reach a revised size of US$9 Billion by 2030, growing at a CAGR of 4% over the analysis period 2022-2030. 3-36 kV, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$5.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Above 36 kV segment is readjusted to a revised 3.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 6.8% CAGR

The Air Insulated Switchgear market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 6.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.

Select Competitors (Total 33 Featured) -

• ABB, Ltd.
• Alfanar Group
• Crompton Greaves, Ltd.
• Eaton Corporation, PLC
• Efacec Power Solutions
• Elatec Power Distribution GmbH
• Epe Power Switchgear Sdn. BHD.
• General Electric Company
• Larsen & Toubro Limited
• Ormazabal
• Schneider Electric
• Siemens AG
• Tavrida Electric AG
• Toshiba Corporation
• Zpeu, PLC

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year