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Medium Voltage Switchgear Market By Voltage, By Current Type, By Insulation Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 480 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671242
The global medium voltage switchgear market was valued at $14.5 billion in 2021, and is projected to reach $31.7 billion by 2031, registering a CAGR of 8.2% from 2022 to 2031.

The medium voltage switchgear market consists of sales of medium voltage switchgear and related services that manufacture medium voltage switchgear which are electrical switchgear rated between 2KV and 36KV. The medium voltage switchgear is the combination of electrical switches, fuses or circuit breakers used to operate, secure and separate electrical equipment. The market for medium voltage switchgear is anticipated to be driven by the demand for power generation. Continuous electricity supply is necessary for the growth of industrialization and urbanisation, and the performance of the switchgear has a significant impact on the reliability of the electrical supply. The production of energy is growing sustainably along with demand in both rural and urban areas with continued improvements to the integration of supply-side protection, which will propel industrial growth. In 2019, for instance, the Indian government is working on two of the most important electrification programmes, the Pradhan Mantri Sahaj Bijli Har Ghar Yojana and the Deen Dayal Upadhyaya Gram Jyoti Yojana, to deliver energy, with a budget allocation of $6.98 billion (INR 50,000 crores).

The medium voltage switchgear market is segmented on the basis of voltage, current type, insulation type, application, and region. On the basis of voltage, the market is divided into 3kV - 5kV, 6kV - 15kV, 16kV - 27kV and 28kV - 40kV. On the basis of current type, the market is bifurcated into AC and DC. On the basis of insulation type, the medium voltage switchgear market is divided into air insulated switchgear, gas insulated switchgear and others (oil and solids). On the basis of end-use industry, the market is divided into transmission and distribution utilities, commercial & residential and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

The key players operating in the medium voltage switchgear market are ABB Ltd, General Electrics, Schneider Electrics, Siemens AG, Toshiba Corporation, Mitsubishi Electrics, Eaton Corporation, Bharat Heavy Electrical Ltd., Chint group, Efacec, Fuji Electric Co. Ltd., Hyundai Electric & Energy Systems Co. Ltd., Jyoti group, Ormazabel, Power Well Inc. and LUCY group Ltd. The report includes the study of the medium voltage switchgear market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

Impact of Covid-19 on Medium Voltage Switchgear Market

Due to COVID-19 pandemic, transport limitations were implemented, which resulted in reduced industrial production of raw materials and disrupted supply chains. Thus, affected the global economic growth by a substantial proportion and severely impacted the market growth.

The COVID-19 outbreak has moderately affected the medium voltage switchgear market due to lockdown measures, the closure of various manufacturing and industrial facilities, and the delay of several infrastructure projects. It had a negative impact on different industries like automobile, aerospace, transportation and construction. The commercial, residential and industrial projects were put on hold due to the strict regulations imposed by the government.

The transportation sector has halted due to the pandemic which caused the stoppage of raw materials required for the manufacturing of the switchgears. Also the reduced manpower has delayed the production process due to the limited number of labor allowed to work.

However, the industry will experience a significant rise due to the ongoing expansion of grid infrastructures along with shifting focus on the adoption of renewable energy. Moreover, increasing investments in infrastructural development combined with the growing necessity for continuous & reliable electrical supply will boost the business outlook.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the medium voltage switchgear market analysis from 2021 to 2031 to identify the prevailing medium voltage switchgear market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the medium voltage switchgear market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global medium voltage switchgear market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Voltage

  • 3kV - 5kV
  • 6kV - 15kV
  • 16kV - 27kV
  • 28kV - 40kV

By Current Type

  • AC
  • DC

By Insulation Type

  • Air Insulated Switchgear
  • Gas Insulated Switchgear
  • Others (Oil and Solids)

By Application

  • Transmission and Distribution Utilities
  • Commercial and Residential
  • Others

By Region

  • North America
  • Canada
  • Mexico
  • U.S.
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest Of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest Of LAMEA

Key Market Players

  • ABB Ltd
  • Siemens AG
  • General Electric
  • Mitsubishi Electric Corporation
  • Schneider Electric
  • Ormazabal
  • Bharat Heavy Industries
  • Hyundai Electric & Energy Systems Co., Ltd.
  • Powell Industries
  • TOSHIBA Corporation
  • Eaton Corporation
  • Chint Group
  • Hyosung Heavy Industries
  • Lucky Group Ltd.
  • Jyothi Ltd.
  • Fuji Electric Co., Ltd
  • SENTEG
Frequently Asked Questions about the Global Medium Voltage Switchgear Market

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

The Global Medium Voltage Switchgear Market was estimated to be valued at $14.5 billion in 2021.

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

The growth rate of the Global Medium Voltage Switchgear Market is 8.1%, with an estimated value of $31.7 billion by 2031.

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

The Global Medium Voltage Switchgear Market is estimated to be worth $31.7 billion by 2031.

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

Key companies in the Global Medium Voltage Switchgear Market include Abb Ltd, Siemens AG, General Electric, Mitsubishi Electric Corporation, Schneider Electric, Ormazabal, Bharat Heavy Industries, Hyundai Electric & Energy Systems Co. Ltd., Powell Industries and Toshiba Corporation.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Pricing Analysis
3.8.Value Chain Analysis
3.9.Key Regulation Analysis
CHAPTER 4: MEDIUM VOLTAGE SWITCHGEAR MARKET, BY VOLTAGE
4.1 Overview
4.1.1 Market size and forecast
4.2 3kV - 5kV
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 6kV - 15kV
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 16kV - 27kV
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 28kV - 40kV
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: MEDIUM VOLTAGE SWITCHGEAR MARKET, BY CURRENT TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 AC
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 DC
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: MEDIUM VOLTAGE SWITCHGEAR MARKET, BY INSULATION TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Air Insulated Switchgear
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Gas Insulated Switchgear
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Others (Oil and Solids)
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: MEDIUM VOLTAGE SWITCHGEAR MARKET, BY APPLICATION
7.1 Overview
7.1.1 Market size and forecast
7.2 Transmission and Distribution Utilities
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Commercial and Residential
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Others
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
CHAPTER 8: MEDIUM VOLTAGE SWITCHGEAR MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Voltage
8.2.3 North America Market size and forecast, by Current Type
8.2.4 North America Market size and forecast, by Insulation Type
8.2.5 North America Market size and forecast, by Application
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Voltage
8.2.6.1.2 Market size and forecast, by Current Type
8.2.6.1.3 Market size and forecast, by Insulation Type
8.2.6.1.4 Market size and forecast, by Application
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Voltage
8.2.6.2.2 Market size and forecast, by Current Type
8.2.6.2.3 Market size and forecast, by Insulation Type
8.2.6.2.4 Market size and forecast, by Application
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Voltage
8.2.6.3.2 Market size and forecast, by Current Type
8.2.6.3.3 Market size and forecast, by Insulation Type
8.2.6.3.4 Market size and forecast, by Application
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Voltage
8.3.3 Europe Market size and forecast, by Current Type
8.3.4 Europe Market size and forecast, by Insulation Type
8.3.5 Europe Market size and forecast, by Application
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Market size and forecast, by Voltage
8.3.6.1.2 Market size and forecast, by Current Type
8.3.6.1.3 Market size and forecast, by Insulation Type
8.3.6.1.4 Market size and forecast, by Application
8.3.6.2 UK
8.3.6.2.1 Market size and forecast, by Voltage
8.3.6.2.2 Market size and forecast, by Current Type
8.3.6.2.3 Market size and forecast, by Insulation Type
8.3.6.2.4 Market size and forecast, by Application
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Voltage
8.3.6.3.2 Market size and forecast, by Current Type
8.3.6.3.3 Market size and forecast, by Insulation Type
8.3.6.3.4 Market size and forecast, by Application
8.3.6.4 Italy
8.3.6.4.1 Market size and forecast, by Voltage
8.3.6.4.2 Market size and forecast, by Current Type
8.3.6.4.3 Market size and forecast, by Insulation Type
8.3.6.4.4 Market size and forecast, by Application
8.3.6.5 Spain
8.3.6.5.1 Market size and forecast, by Voltage
8.3.6.5.2 Market size and forecast, by Current Type
8.3.6.5.3 Market size and forecast, by Insulation Type
8.3.6.5.4 Market size and forecast, by Application
8.3.6.6 Rest of Europe
8.3.6.6.1 Market size and forecast, by Voltage
8.3.6.6.2 Market size and forecast, by Current Type
8.3.6.6.3 Market size and forecast, by Insulation Type
8.3.6.6.4 Market size and forecast, by Application
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Voltage
8.4.3 Asia-Pacific Market size and forecast, by Current Type
8.4.4 Asia-Pacific Market size and forecast, by Insulation Type
8.4.5 Asia-Pacific Market size and forecast, by Application
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Voltage
8.4.6.1.2 Market size and forecast, by Current Type
8.4.6.1.3 Market size and forecast, by Insulation Type
8.4.6.1.4 Market size and forecast, by Application
8.4.6.2 Japan
8.4.6.2.1 Market size and forecast, by Voltage
8.4.6.2.2 Market size and forecast, by Current Type
8.4.6.2.3 Market size and forecast, by Insulation Type
8.4.6.2.4 Market size and forecast, by Application
8.4.6.3 India
8.4.6.3.1 Market size and forecast, by Voltage
8.4.6.3.2 Market size and forecast, by Current Type
8.4.6.3.3 Market size and forecast, by Insulation Type
8.4.6.3.4 Market size and forecast, by Application
8.4.6.4 South Korea
8.4.6.4.1 Market size and forecast, by Voltage
8.4.6.4.2 Market size and forecast, by Current Type
8.4.6.4.3 Market size and forecast, by Insulation Type
8.4.6.4.4 Market size and forecast, by Application
8.4.6.5 Rest of Asia-Pacific
8.4.6.5.1 Market size and forecast, by Voltage
8.4.6.5.2 Market size and forecast, by Current Type
8.4.6.5.3 Market size and forecast, by Insulation Type
8.4.6.5.4 Market size and forecast, by Application
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Voltage
8.5.3 LAMEA Market size and forecast, by Current Type
8.5.4 LAMEA Market size and forecast, by Insulation Type
8.5.5 LAMEA Market size and forecast, by Application
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Market size and forecast, by Voltage
8.5.6.1.2 Market size and forecast, by Current Type
8.5.6.1.3 Market size and forecast, by Insulation Type
8.5.6.1.4 Market size and forecast, by Application
8.5.6.2 Saudi Arabia
8.5.6.2.1 Market size and forecast, by Voltage
8.5.6.2.2 Market size and forecast, by Current Type
8.5.6.2.3 Market size and forecast, by Insulation Type
8.5.6.2.4 Market size and forecast, by Application
8.5.6.3 South Africa
8.5.6.3.1 Market size and forecast, by Voltage
8.5.6.3.2 Market size and forecast, by Current Type
8.5.6.3.3 Market size and forecast, by Insulation Type
8.5.6.3.4 Market size and forecast, by Application
8.5.6.4 Rest of LAMEA
8.5.6.4.1 Market size and forecast, by Voltage
8.5.6.4.2 Market size and forecast, by Current Type
8.5.6.4.3 Market size and forecast, by Insulation Type
8.5.6.4.4 Market size and forecast, by Application
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 ABB Ltd
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Siemens AG
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 General Electric
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Mitsubishi Electric Corporation
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Schneider Electric
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Ormazabal
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Bharat Heavy Industries
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Hyundai Electric & Energy Systems Co., Ltd.
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Powell Industries
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 TOSHIBA Corporation
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 Eaton Corporation
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Chint Group
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 Hyosung Heavy Industries
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
10.14 Lucky Group Ltd.
10.14.1 Company overview
10.14.2 Company snapshot
10.14.3 Operating business segments
10.14.4 Product portfolio
10.14.5 Business performance
10.14.6 Key strategic moves and developments
10.15 Jyothi Ltd.,
10.15.1 Company overview
10.15.2 Company snapshot
10.15.3 Operating business segments
10.15.4 Product portfolio
10.15.5 Business performance
10.15.6 Key strategic moves and developments
10.16 Fuji Electric Co., Ltd
10.16.1 Company overview
10.16.2 Company snapshot
10.16.3 Operating business segments
10.16.4 Product portfolio
10.16.5 Business performance
10.16.6 Key strategic moves and developments
10.17 SENTEG
10.17.1 Company overview
10.17.2 Company snapshot
10.17.3 Operating business segments
10.17.4 Product portfolio
10.17.5 Business performance
10.17.6 Key strategic moves and developments
List of Tables
Table 1. Global High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 2. High Frequency Transformer Market Size, for Up to 50W, by Region, 2021-2031 ($Million)
Table 3. High Frequency Transformer Market for Up to 50W, by Country, 2021-2031 ($Million)
Table 4. High Frequency Transformer Market Size, for 51 To100W, by Region, 2021-2031 ($Million)
Table 5. High Frequency Transformer Market for 51 To100W, by Country, 2021-2031 ($Million)
Table 6. High Frequency Transformer Market Size, for 101 to 400W, by Region, 2021-2031 ($Million)
Table 7. High Frequency Transformer Market for 101 to 400W, by Country, 2021-2031 ($Million)
Table 8. High Frequency Transformer Market Size, for 401W and Above, by Region, 2021-2031 ($Million)
Table 9. High Frequency Transformer Market for 401W and Above, by Country, 2021-2031 ($Million)
Table 10. Global High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 11. High Frequency Transformer Market Size, for Power Supplies, by Region, 2021-2031 ($Million)
Table 12. High Frequency Transformer Market for Power Supplies, by Country, 2021-2031 ($Million)
Table 13. High Frequency Transformer Market Size, for Alternative Energy Inverters, by Region, 2021-2031 ($Million)
Table 14. High Frequency Transformer Market for Alternative Energy Inverters, by Country, 2021-2031 ($Million)
Table 15. High Frequency Transformer Market Size, for Electronic Switching Devices, by Region, 2021-2031 ($Million)
Table 16. High Frequency Transformer Market for Electronic Switching Devices, by Country, 2021-2031 ($Million)
Table 17. High Frequency Transformer Market Size, for Led Lighting, by Region, 2021-2031 ($Million)
Table 18. High Frequency Transformer Market for Led Lighting, by Country, 2021-2031 ($Million)
Table 19. High Frequency Transformer Market Size, for Plasma Generation, by Region, 2021-2031 ($Million)
Table 20. High Frequency Transformer Market for Plasma Generation, by Country, 2021-2031 ($Million)
Table 21. High Frequency Transformer Market Size, for Personal Electronics, by Region, 2021-2031 ($Million)
Table 22. High Frequency Transformer Market for Personal Electronics, by Country, 2021-2031 ($Million)
Table 23. High Frequency Transformer Market Size, for Others, by Region, 2021-2031 ($Million)
Table 24. High Frequency Transformer Market for Others, by Country, 2021-2031 ($Million)
Table 25. Global High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 26. High Frequency Transformer Market Size, for Military and Defense, by Region, 2021-2031 ($Million)
Table 27. High Frequency Transformer Market for Military and Defense, by Country, 2021-2031 ($Million)
Table 28. High Frequency Transformer Market Size, for Rf and Telecommunications, by Region, 2021-2031 ($Million)
Table 29. High Frequency Transformer Market for Rf and Telecommunications, by Country, 2021-2031 ($Million)
Table 30. High Frequency Transformer Market Size, for Manufacturing, by Region, 2021-2031 ($Million)
Table 31. High Frequency Transformer Market for Manufacturing, by Country, 2021-2031 ($Million)
Table 32. Global Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 33. High Frequency Transformer Market, for Electronics, by Region, 2021-2031 ($Million)
Table 34. High Frequency Transformer Market, for Electronics, by Country, 2021-2031 ($Million)
Table 35. High Frequency Transformer Market, for Transmission and Distribution, by Region, 2021-2031 ($Million)
Table 36. High Frequency Transformer Market, for Transmission and Distribution, by Country, 2021-2031 ($Million)
Table 37. High Frequency Transformer Market, for Automotive, by Region, 2021-2031 ($Million)
Table 38. High Frequency Transformer Market, for Automotive, by Country, 2021-2031 ($Million)
Table 39. High Frequency Transformer Market Size, for Healthcare, by Region, 2021-2031 ($Million)
Table 40. High Frequency Transformer Market for Healthcare, by Country, 2021-2031 ($Million)
Table 41. High Frequency Transformer Market, by Region, 2021-2031 ($Million)
Table 42. North America High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 43. North America High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 44. North America High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 45. North America Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 46. North America High Frequency Transformer Market, by Country, 2021-2031 ($Million)
Table 47. U.S. High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 48. U.S. High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 49. U.S. High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 50. U.S. Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 51. Canada High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 52. Canada High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 53. Canada High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 54. Canada Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 55. Mexico High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 56. Mexico High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 57. Mexico High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 58. Mexico Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 59. Europe High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 60. Europe High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 61. Europe High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 62. Europe Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 63. Europe High Frequency Transformer Market, by Country, 2021-2031 ($Million)
Table 64. United Kingdom High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 65. United Kingdom High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 66. United Kingdom High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 67. United Kingdom Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 68. Germany High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 69. Germany High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 70. Germany High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 71. Germany Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 72. France High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 73. France High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 74. France High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 75. France Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 76. Italy High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 77. Italy High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 78. Italy High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 79. Italy Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 80. Rest of Europe High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 81. Rest of Europe High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 82. Rest of Europe High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 83. Rest of Europe Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 84. Asia-Pacific High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 85. Asia-Pacific High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 86. Asia-Pacific High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 87. Asia-Pacific Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 88. Asia-Pacific High Frequency Transformer Market, by Country, 2021-2031 ($Million)
Table 89. China High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 90. China High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 91. China High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 92. China Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 93. Japan High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 94. Japan High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 95. Japan High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 96. Japan Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 97. India High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 98. India High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 99. India High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 100. India Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 101. South Korea High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 102. South Korea High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 103. South Korea High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 104. South Korea Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 105. Australia High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 106. Australia High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 107. Australia High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 108. Australia Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 109. Rest of Asia-Pacific High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 110. Rest of Asia-Pacific High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 111. Rest of Asia-Pacific High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 112. Rest of Asia-Pacific Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 113. LAMEA High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 114. LAMEA High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 115. LAMEA High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 116. LAMEA Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 117. LAMEA High Frequency Transformer Market, by Country, 2021-2031 ($Million)
Table 118. Latin America High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 119. Latin America High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 120. Latin America High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 121. Latin America Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 122. Middle East High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 123. Middle East High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 124. Middle East High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 125. Middle East Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 126. Africa High Frequency Transformer Market, by Power Output, 2021-2031 ($Million)
Table 127. Africa High Frequency Transformer Market, by Application, 2021-2031 ($Million)
Table 128. Africa High Frequency Transformer Market, by Vertical, 2021-2031 ($Million)
Table 129. Africa Manufacturing High Frequency Transformer Market, by Manufacturing, 2021-2031 ($Million)
Table 130. Murata Manufacturing Co. Ltd: Company Snapshot
Table 131. Murata Manufacturing Co. Ltd: Operating Segments
Table 132. Murata Manufacturing Co. Ltd: Product Portfolio
Table 133. Murata Manufacturing Co. Ltd: Net Sales
Table 134. Murata Manufacturing Co. Ltd: Key Stratergies
Table 135. Tdk Corporation: Company Snapshot
Table 136. Tdk Corporation: Operating Segments
Table 137. Tdk Corporation: Product Portfolio
Table 138. Tdk Corporation: Net Sales
Table 139. Tdk Corporation: Key Stratergies
Table 140. Delta Electronics Inc.: Company Snapshot
Table 141. Delta Electronics Inc.: Operating Segments
Table 142. Delta Electronics Inc.: Product Portfolio
Table 143. Delta Electronics Inc.: Net Sales
Table 144. Delta Electronics Inc.: Key Stratergies
Table 145. Vishay Intertechnology, Inc.: Company Snapshot
Table 146. Vishay Intertechnology, Inc.: Operating Segments
Table 147. Vishay Intertechnology, Inc.: Product Portfolio
Table 148. Vishay Intertechnology, Inc.: Net Sales
Table 149. Vishay Intertechnology, Inc.: Key Stratergies
Table 150. Würth Elektronik GmbH & Co. Kg: Company Snapshot
Table 151. Würth Elektronik GmbH & Co. Kg: Operating Segments
Table 152. Würth Elektronik GmbH & Co. Kg: Product Portfolio
Table 153. Würth Elektronik GmbH & Co. Kg: Net Sales
Table 154. Würth Elektronik GmbH & Co. Kg: Key Stratergies
Table 155. Tt Electronics plc: Company Snapshot
Table 156. Tt Electronics plc: Operating Segments
Table 157. Tt Electronics plc: Product Portfolio
Table 158. Tt Electronics plc: Net Sales
Table 159. Tt Electronics plc: Key Stratergies
Table 160. Bel Fuse Inc.: Company Snapshot
Table 161. Bel Fuse Inc.: Operating Segments
Table 162. Bel Fuse Inc.: Product Portfolio
Table 163. Bel Fuse Inc.: Net Sales
Table 164. Bel Fuse Inc.: Key Stratergies
Table 165. Samsung Electro-Mechanics: Company Snapshot
Table 166. Samsung Electro-Mechanics: Operating Segments
Table 167. Samsung Electro-Mechanics: Product Portfolio
Table 168. Samsung Electro-Mechanics: Net Sales
Table 169. Samsung Electro-Mechanics: Key Stratergies
Table 170. Panasonic Corp.: Company Snapshot
Table 171. Panasonic Corp.: Operating Segments
Table 172. Panasonic Corp.: Product Portfolio
Table 173. Panasonic Corp.: Net Sales
Table 174. Panasonic Corp.: Key Stratergies
Table 175. Taiyo Yuden Co. Ltd.: Company Snapshot
Table 176. Taiyo Yuden Co. Ltd.: Operating Segments
Table 177. Taiyo Yuden Co. Ltd.: Product Portfolio
Table 178. Taiyo Yuden Co. Ltd.: Net Sales
Table 179. Taiyo Yuden Co. Ltd.: Key Stratergies
Table 180. Tabuchi Electric Co., Ltd: Company Snapshot
Table 181. Tabuchi Electric Co., Ltd: Operating Segments
Table 182. Tabuchi Electric Co., Ltd: Product Portfolio
Table 183. Tabuchi Electric Co., Ltd: Net Sales
Table 184. Tabuchi Electric Co., Ltd: Key Stratergies
Table 185. Bourns, Inc.: Company Snapshot
Table 186. Bourns, Inc.: Operating Segments
Table 187. Bourns, Inc.: Product Portfolio
Table 188. Bourns, Inc.: Net Sales
Table 189. Bourns, Inc.: Key Stratergies
Table 190. Falco Electronics: Company Snapshot
Table 191. Falco Electronics: Operating Segments
Table 192. Falco Electronics: Product Portfolio
Table 193. Falco Electronics: Net Sales
Table 194. Falco Electronics: Key Stratergies
Table 195. Coilcraft Inc: Company Snapshot
Table 196. Coilcraft Inc: Operating Segments
Table 197. Coilcraft Inc: Product Portfolio
Table 198. Coilcraft Inc: Net Sales
Table 199. Coilcraft Inc: Key Stratergies
Table 200. Abc Taiwan Electronics Corp.: Company Snapshot
Table 201. Abc Taiwan Electronics Corp.: Operating Segments
Table 202. Abc Taiwan Electronics Corp.: Product Portfolio
Table 203. Abc Taiwan Electronics Corp.: Net Sales
Table 204. Abc Taiwan Electronics Corp.: Key Stratergies
Table 205. Gci Technologies: Company Snapshot
Table 206. Gci Technologies: Operating Segments
Table 207. Gci Technologies: Product Portfolio
Table 208. Gci Technologies: Net Sales
Table 209. Gci Technologies: Key Stratergies
Table 210. Sumida Corporation: Company Snapshot
Table 211. Sumida Corporation: Operating Segments
Table 212. Sumida Corporation: Product Portfolio
Table 213. Sumida Corporation: Net Sales
Table 214. Sumida Corporation: Key Stratergies
List of Figures
Figure 1. Medium Voltage Switchgear Market Segmentation
Figure 2. Medium Voltage Switchgear Market,2021-2031
Figure 3. Medium Voltage Switchgear Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Medium Voltage Switchgear Market:Drivers, Restraints and Opportunities
Figure 12. Pricing Analysis
Figure 13. Value Chain Analysis
Figure 14. Key Regulation Analysis
Figure 15. Medium Voltage Switchgear Market,By Voltage,2021(%)
Figure 16. Comparative Share Analysis of 3Kv - 5Kv Medium Voltage Switchgear Market,2021-2031(%)
Figure 17. Comparative Share Analysis of 6Kv - 15Kv Medium Voltage Switchgear Market,2021-2031(%)
Figure 18. Comparative Share Analysis of 16Kv - 27Kv Medium Voltage Switchgear Market,2021-2031(%)
Figure 19. Comparative Share Analysis of 28Kv - 40Kv Medium Voltage Switchgear Market,2021-2031(%)
Figure 20. Medium Voltage Switchgear Market,By Current Type,2021(%)
Figure 21. Comparative Share Analysis of AC Medium Voltage Switchgear Market,2021-2031(%)
Figure 22. Comparative Share Analysis of DC Medium Voltage Switchgear Market,2021-2031(%)
Figure 23. Medium Voltage Switchgear Market,By Insulation Type,2021(%)
Figure 24. Comparative Share Analysis of Air Insulated Switchgear Medium Voltage Switchgear Market,2021-2031(%)
Figure 25. Comparative Share Analysis of Gas Insulated Switchgear Medium Voltage Switchgear Market,2021-2031(%)
Figure 26. Comparative Share Analysis of Others (Oil and Solids) Medium Voltage Switchgear Market,2021-2031(%)
Figure 27. Medium Voltage Switchgear Market,By Application,2021(%)
Figure 28. Comparative Share Analysis of Transmission and Distribution Utilities Medium Voltage Switchgear Market,2021-2031(%)
Figure 29. Comparative Share Analysis of Commercial and Residential Medium Voltage Switchgear Market,2021-2031(%)
Figure 30. Comparative Share Analysis of Others Medium Voltage Switchgear Market,2021-2031(%)
Figure 31. Medium Voltage Switchgear Market by Region,2021
Figure 32. U.S. Medium Voltage Switchgear Market,2021-2031($Million)
Figure 33. Canada Medium Voltage Switchgear Market,2021-2031($Million)
Figure 34. Mexico Medium Voltage Switchgear Market,2021-2031($Million)
Figure 35. Germany Medium Voltage Switchgear Market,2021-2031($Million)
Figure 36. Uk Medium Voltage Switchgear Market,2021-2031($Million)
Figure 37. France Medium Voltage Switchgear Market,2021-2031($Million)
Figure 38. Italy Medium Voltage Switchgear Market,2021-2031($Million)
Figure 39. Spain Medium Voltage Switchgear Market,2021-2031($Million)
Figure 40. Rest of Europe Medium Voltage Switchgear Market,2021-2031($Million)
Figure 41. China Medium Voltage Switchgear Market,2021-2031($Million)
Figure 42. Japan Medium Voltage Switchgear Market,2021-2031($Million)
Figure 43. India Medium Voltage Switchgear Market,2021-2031($Million)
Figure 44. South Korea Medium Voltage Switchgear Market,2021-2031($Million)
Figure 45. Rest of Asia-Pacific Medium Voltage Switchgear Market,2021-2031($Million)
Figure 46. Brazil Medium Voltage Switchgear Market,2021-2031($Million)
Figure 47. Saudi Arabia Medium Voltage Switchgear Market,2021-2031($Million)
Figure 48. South Africa Medium Voltage Switchgear Market,2021-2031($Million)
Figure 49. Rest of LAMEA Medium Voltage Switchgear Market,2021-2031($Million)
Figure 50. Top Winning Strategies, by Year
Figure 51. Top Winning Strategies, by Development
Figure 52. Top Winning Strategies, by Company
Figure 53. Product Mapping of Top 10 Players
Figure 54. Competitive Dashboard
Figure 55. Competitive Heatmap of Top 10 Key Players
Figure 56. ABB Ltd.: Net Sales ,($Million)
Figure 57. Siemens AG.: Net Sales ,($Million)
Figure 58. General Electric.: Net Sales ,($Million)
Figure 59. Mitsubishi Electric Corporation.: Net Sales ,($Million)
Figure 60. Schneider Electric.: Net Sales ,($Million)
Figure 61. Ormazabal.: Net Sales ,($Million)
Figure 62. Bharat Heavy Industries.: Net Sales ,($Million)
Figure 63. Hyundai Electric & Energy Systems Co. Ltd..: Net Sales ,($Million)
Figure 64. Powell Industries.: Net Sales ,($Million)
Figure 65. Toshiba Corporation.: Net Sales ,($Million)
Figure 66. Eaton Corporation.: Net Sales ,($Million)
Figure 67. Chint Group.: Net Sales ,($Million)
Figure 68. Hyosung Heavy Industries.: Net Sales ,($Million)
Figure 69. Lucky Group Ltd..: Net Sales ,($Million)
Figure 70. Jyothi Ltd.,.: Net Sales ,($Million)
Figure 71. Fuji Electric Co. Ltd.: Net Sales ,($Million)
Figure 72. Senteg.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Medium Voltage Switchgear Market," the medium voltage switchgear market size was valued at $14.5 billion in 2021, and medium voltage switchgear industry is estimated to reach $31.7 billion by 2031, growing at a CAGR of 8.2% from 2022 to 2031.

A medium voltage switchgear is a device designed to open an electrical circuit by mechanical action. It interrupts the flow of current without permanently damaging the device operating in the voltage range of 3kV-40kV. Switchgear includes, for example, switches, fuses, circuit breakers, disconnectors, relays, current and potential converters, indicators, lightning arresters and control cabinets. Switchgear devices and their assemblies are used in connection with the generation, transmission, distribution and conversion of electrical energy. The switchgear is mainly classified into two types, the outdoor type and the indoor type. The combination of these unique features has allowed the product to penetrate many end-user industries such as the automobile, aviation, building and construction, electrical and electronic industries, and others.

Domestic and industrial power demand is increasing significantly due to urbanization, public infrastructure, and the construction of industrial plants around the world which has led to the increased demand for the medium voltage switchgear market opportunities. In addition, the government rules and regulations for the development of electrification in rural and remote areas have boosted the growth of the medium voltage switchgear market. In addition, power utilities install switchgear to meet current business requirements such as ensuring a safe and reliable power supply and ensuring business continuity which has triggered the growth of the medium voltage switchgear market trends. The air insulated switchgear is widely used in various sectors such as data centers, oil & gas, mining, marine and nuclear power. The safety while handling the electric equipment is a concern owing to the growing demand for medium voltage switchgear in the market. The main restraining factor for the medium voltage switchgear market is the maintenance of the switchgears. Regular maintenance is required for the proper functioning of the switchgears but it increases the overall cost and makes the process expensive. The construction industry in various developing countries such as India, Indonesia, and Brazil is witnessing substantial growth because of massive expenditures for infrastructural and residential development. The purchasing power of the people has stimulated the growth of the automobile industry in the medium voltage switchgear market.

The medium voltage switchgear market forecast is segmented on the basis of voltage, type of installation, insulation type, end use industry, and region. On the basis of voltage, the market is classified into 3kV - 5kV, 6kV - 15kV, 16kV - 27kV and 28kV - 40kV. Similarly on the basis of installation type, the medium voltage switchgear market is divided into two major categories which include indoor switchgear and outdoor switchgear.

The medium voltage switchgear market is classified by insulation type into three categories which include air insulated switchgear, gas insulated switchgear and others (oil and solids). Depending on the end use industry, the market is broadly divided into three types which are transmission and digital utilities, commercial & residential and others. On the basis of region, the market is classified into North America, Europe, Asia-Pacific and LAMEA.

The key players operating in the medium voltage switchgear market are ABB Ltd, General Electrics, Schneider Electrics, Siemens AG, Toshiba Corporation, Mitsubishi Electrics, Eaton Corporation, Bharat Heavy Electrical Ltd., Chint group, Efacec, Fuji Electric Co. Ltd., Hyundai Electric & Energy Systems Co. Ltd., Jyoti group, Ormazabel, Power Well Inc. and LUCY group Ltd.

Key Findings of the Study

  • As per medium voltage switchgear market analysis, on the basis of voltage, the 3kV - 5kV medium voltage switchgear segment is projected to grow at the highest CAGR of approximately 9.1%, in terms of revenue, during the forecast period.
  • On the current type, the AC segment is expected to dominate the market during the forecast period.
  • On the basis of insulation type, the air insulated switchgear segment is expected to dominate the market during the forecast period.
  • On the basis of application, the transmission and distribution utilities segment is expected to dominate the medium voltage switchgear market share during the forecast period.
  • On the basis of region, the Asia-Pacific segment is projected to grow at the highest CAGR of approximately 8.8%, in terms of revenue, during the forecast period.
  • Impact of Covid-19 on Medium Voltage Switchgear Market
  • Due to COVID-19 pandemic, transport limitations were implemented, which resulted in reduced industrial production of raw materials and disrupted supply chains. Thus, affected the global economic growth by a substantial proportion and severely impacted the medium voltage switchgear market growth.
  • The COVID-19 outbreak has moderately affected the medium voltage switchgear market due to lockdown measures, the closure of various manufacturing and industrial facilities, and the delay of several infrastructure projects. It had a negative impact on different industries like automobile, aerospace, transportation and construction. The commercial, residential and industrial projects were put on hold due to the strict regulations imposed by the government.
  • The transportation sector has halted due to the pandemic which caused the stoppage of raw materials required for the manufacturing of the switchgears. Also the reduced manpower has delayed the production process due to the limited number of labor allowed to work.
  • However, the industry will experience a significant rise due to the ongoing expansion of grid infrastructures along with shifting focus on the adoption of renewable energy. Moreover, increasing investments in infrastructural development combined with the growing necessity for continuous & reliable electrical supply will boost the business outlook.

Companies Mentioned

  • Abb Ltd
  • Siemens AG
  • General Electric
  • Mitsubishi Electric Corporation
  • Schneider Electric
  • Ormazabal
  • Bharat Heavy Industries
  • Hyundai Electric & Energy Systems Co. Ltd.
  • Powell Industries
  • Toshiba Corporation
  • Eaton Corporation
  • Chint Group
  • Hyosung Heavy Industries
  • Lucky Group Ltd.
  • Jyothi Ltd.
  • Fuji Electric Co. Ltd
  • Senteg

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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