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US Medium Voltage Switchgear Market (2022-2027) by Voltage, Insulation, End User, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5585906
  • Report
  • March 2022
  • Region: United States
  • 177 Pages
  • Infogence Global Research

FEATURED COMPANIES

  • ABB Ltd
  • Chint Group
  • Eaton Corp plc.
  • Hubbell Power Systems
  • Larsen & Toubro Ltd
  • Mitsubishi Electric Corp
The US Medium Voltage Switchgear Market is estimated to be USD 8.8746 Bn in 2022 and is projected to reach USD 11.94 Bn by 2027, growing at a CAGR of 6.12%.



Market dynamics are forces that impact the prices and behaviors of the US Medium Voltage Switchgear Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Medium Voltage Switchgear Market is segmented based on Voltage, Insulation, and End User
  • By Voltage, the market is classified into 3kV - 5kV, 6kV - 15kV, 16kV - 27kV, and 28kV - 40kV.
  • By Insulation, the market is classified into Air Insulated Switchgear, Gas Insulated Switchgear, and Circuit Breakers.
  • By End User, the market is classified into Commercial Sector, Oil, Gas & Petrochemical, Transmission and Distribution Utilities, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are ABB Ltd, Bharat Heavy Electricals Ltd, Chint Group, Eaton Corp plc., Elatec Power Distribution GmbH, Elektrobudowa SA Group GENERAL ELECTRIC, Hitachi IE Systems Co.,Ltd, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Medium Voltage Switchgear Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Medium Voltage Switchgear Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Medium Voltage Switchgear Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Medium Voltage Switchgear Market

What is the estimated value of the US Medium Voltage Switchgear Market?

The US Medium Voltage Switchgear Market was estimated to be valued at $8.9 Billion in 2022.

What is the growth rate of the US Medium Voltage Switchgear Market?

The growth rate of the US Medium Voltage Switchgear Market is 6.1%, with an estimated value of $11.9 Billion by 2027.

What is the forecasted size of the US Medium Voltage Switchgear Market?

The US Medium Voltage Switchgear Market is estimated to be worth $11.9 Billion by 2027.

Who are the key companies in the US Medium Voltage Switchgear Market?

Key companies in the US Medium Voltage Switchgear Market include ABB Ltd, Bharat Heavy Electricals Ltd, Chint Group, Eaton Corp plc., Elatec Power Distribution GmbH, Elektrobudowa SA Group GENERAL ELECTRIC, Hitachi IE Systems Co.,Ltd, Hubbell Power Systems and Larsen & Toubro Ltd.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Ltd
  • Chint Group
  • Eaton Corp plc.
  • Hubbell Power Systems
  • Larsen & Toubro Ltd
  • Mitsubishi Electric Corp

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Rise in Demand for Medium-Voltage Switchgears for Commercial Construction Projects
4.1.2 Extensive Applications of Medium-Voltage Switchgears
4.2 Restraints
4.2.1 Complexity in the Structures
4.3 Opportunities
4.3.1 Rise of Digital Switchgears and Pure Air Technology
4.4 Challenges
4.4.1 High Installation Cost
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US' Medium Voltage Switchgear Market, By Voltage
6.1 Introduction
6.2 3kV - 5kV
6.3 6kV - 15kV
6.4 16kV - 27kV
6.5 28kV - 40kV
7 US' Medium Voltage Switchgear Market, By Insulation
7.1 Introduction
7.2 Air Insulated Switchgear
7.3 Gas Insulated Switchgear
7.4 Circuit Breakers
8 US' Medium Voltage Switchgear Market, By End User
8.1 Introduction
8.2 Commercial Sector
8.3 Oil, Gas & Petrochemical
8.4 Transmission and Distribution Utilities
8.5 Others
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
10.1 ABB Ltd
10.2 Bharat Heavy Electricals Ltd
10.3 Chint Group
10.4 Eaton Corp plc.
10.5 Elatec Power Distribution GmbH
10.6 Elektrobudowa SA Group GENERAL ELECTRIC
10.7 Hitachi IE Systems Co.,Ltd
10.8 Hubbell Power Systems
10.9 Hyosung Heavy Industries Hyundai Electronic &Energy Systems Co. Ltd
10.10 Larsen & Toubro Ltd
10.11 Mitsubishi Electric Corp
10.12 Powell Industries
10.13 Schneider Electric SE
10.14 Siemens AG
10.15 Toshiba Corp
11 Appendix
11.1 Questionnaire
Note: Product cover images may vary from those shown
  • ABB Ltd
  • Bharat Heavy Electricals Ltd
  • Chint Group
  • Eaton Corp plc.
  • Elatec Power Distribution GmbH
  • Elektrobudowa SA Group GENERAL ELECTRIC
  • Hitachi IE Systems Co.,Ltd
  • Hubbell Power Systems
  • Hyosung Heavy Industries Hyundai Electronic &Energy Systems Co. Ltd
  • Larsen & Toubro Ltd
  • Mitsubishi Electric Corp
  • Powell Industries
  • Schneider Electric SE
  • Siemens AG
  • Toshiba Corp
Note: Product cover images may vary from those shown