Metal Encapsulated Switchgear Market Report 2026

The metal encapsulated switchgear market size has grown strongly in recent years. It will grow from $12.89 billion in 2025 to $13.86 billion in 2026 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to growing urban electrification, increasing industrialization, rising adoption of medium voltage systems, stringent electrical safety regulations, expansion of power distribution networks.

The metal encapsulated switchgear market size is expected to see strong growth in the next few years. It will grow to $18.34 billion in 2030 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to rising smart grid implementations, demand for renewable energy integration, growth in industrial automation, adoption of digital substation technologies, increasing need for energy-efficient switchgear solutions. Major trends in the forecast period include modular switchgear design, remote monitoring & diagnostics, compact footprint solutions, enhanced safety & arc flash protection, predictive maintenance & reliability optimization.

The increase in construction activities is expected to drive the growth of the metal encapsulated switchgear market in the coming years. Construction involves building structures such as roads and buildings using materials, equipment, and skilled labor. Rapid urbanization and the rising need for improved infrastructure are contributing to the growth of construction activities. Metal encapsulated switchgear meets these demands with its compact design and enhanced protective features, ensuring efficient power management, reducing downtime, and supporting continuous operations at construction sites and new developments. For example, in January 2024, Oxford Economics, a UK-based economic advisory firm, projected a 4.2% growth in global construction output for 2024, following a 2.1% increase in 2023. Thus, the rise in construction activities is fueling the metal encapsulated switchgear market.

Key players in the metal encapsulated switchgear market are focusing on gas-insulated switchgear innovations to improve operational efficiency, lower environmental impact, and address changing energy infrastructure needs. Gas-insulated switchgear is a compact metal-encased system where high-voltage components like circuit breakers and disconnectors are enclosed in a sealed metal casing filled with insulating gas. For instance, in May 2025, Hitachi Energy Ltd., a Switzerland-based technology firm, introduced a sulfur hexafluoride (SF6)-free 550 kV gas-insulated switchgear. This product uses an environmentally friendly gas mixture to significantly cut greenhouse gas emissions while maintaining performance. It features a compact design ideal for high-voltage substations in urban and space-limited locations.

In April 2025, Mission Critical Group (MCG), a US-based provider of innovative electrical system solutions specializing in design, manufacturing, delivery, and service, acquired DVM Manufacturing, LLC for an undisclosed amount. This acquisition gives Mission Critical Group access to advanced manufacturing facilities, skilled engineering teams, and proprietary fabrication technologies. DVM Manufacturing LLC is a US-based company that produces metal encapsulated switchgear.

Major companies operating in the metal encapsulated switchgear market are General Electric Company, Xi’an XD High Voltage Equipment Co. Ltd., Shandong TaikAI Transformer Company Ltd., Schneider Electric SE, Mitsubishi Electric, Toshiba Corporation, Larsen & Toubro Limited, Eaton Corporation, Fuji Electric, NHVS International Inc., CHINT Group, Efacec Power Solutions, GE Grid Solutions, Bharat Heavy Electricals Limited, Hyosung, Meidensha Corporation, Pinggao Electric Co. Ltd, Sieyuan Electric Co. Ltd., Powell Industries Inc., Nissin Electric Co. Ltd., CG Power and Industrial Solutions Limited.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have influenced the metal-encapsulated switchgear market by affecting the cost and availability of raw materials such as steel and copper, as well as imported components used in assembly. Production costs have increased, impacting segments like medium and high-voltage switchgear, particularly in regions dependent on imports such as Asia-Pacific and Europe. While tariffs have posed challenges by slowing supply chain efficiency, they have also encouraged local manufacturing investments and adoption of cost-optimized designs, supporting domestic market growth.

The metal encapsulated switchgear market research report is one of a series of new reports that provides metal encapsulated switchgear market statistics, including metal encapsulated switchgear industry global market size, regional shares, competitors with an metal encapsulated switchgear market share, detailed metal encapsulated switchgear market segments, market trends and opportunities, and any further data you may need to thrive in the metal encapsulated switchgear industry. This metal encapsulated switchgear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Metal encapsulated switchgear is electrical equipment that encloses switchgear components within a sealed metal casing to improve safety and reliability. This construction protects the components from environmental elements like dust, moisture, and contaminants, which helps reduce maintenance requirements and enhances performance. It is commonly used in power distribution systems to provide secure and efficient control, protection, and isolation of electrical circuits.

The metal encapsulated switchgear market is categorized by voltage ratings: up to 38 KV, 38 KV to 72 KV, 72 KV to 150 KV, and above 150 KV. Switchgear rated up to 38 kilovolts is designed to safely manage and protect medium-voltage power distribution systems operating at 38 kilovolts or less. These devices employ various insulation types, including gas, air, and hybrid insulation. Suitable for both indoor and outdoor use, they serve a broad range of applications across power utilities, industrial, commercial, and residential sectors.Asia-Pacific was the largest region in the metal encapsulated switchgear market in 2025. The regions covered in the metal encapsulated switchgear market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the metal encapsulated switchgear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The metal encapsulated switchgear market consists of sales of vacuum switchgear, oil-insulated switchgear and Sulfur Hexafluoride (SF6) gas-insulated switchgear. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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