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Global Switchgear Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The switchgear market is poised to grow by $ 53.23 bn during 2020-2024 progressing at a CAGR of 8% during the forecast period. The reports on switchgear market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is the driven by the growing construction activities and increasing global power demand. In addition, growing construction activities is anticipated to boost the growth of the market as well.
The switchgear market analysis includes voltage level segment and geographic landscapes.
The switchgear market is segmented as below:
By Voltage Level
- Low and medium voltage
- High voltage
By Geographic Landscapes
- APAC
- Europe
- North America
- MEA
- South America
This study identifies the increasing renewable power generation as one of the prime reasons driving the switchgear market growth during the next few years.
The research presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The switchgear market covers the following areas:
- Switchgear market sizing
- Switchgear market forecast
- Switchgear market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading switchgear market vendors that include ABB Ltd., Eaton Corporation Plc, Fuji Electric Co. Ltd., Hitachi Ltd., Hyosung Corp., Larsen and Toubro Ltd., Mitsubishi Electric Corp., Schneider Electric SE, Siemens AG, and Toshiba Corp.. Also, the switchgear market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The research presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Voltage level
Market Segmentation by Insulation type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global switchgear market: ABB Ltd., Eaton Corporation Plc, Fuji Electric Co. Ltd., Hitachi Ltd., Hyosung Corp., Larsen and Toubro Ltd., Mitsubishi Electric Corp., Schneider Electric SE, Siemens AG, and Toshiba Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing renewable power generation."
According to the report, one of the major drivers for this market is the growing construction activities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Eaton Corporation Plc
- Fuji Electric Co. Ltd.
- Hitachi Ltd.
- Hyosung Corp.
- Larsen and Toubro Ltd.
- Mitsubishi Electric Corp.
- Schneider Electric SE
- Siemens AG
- Toshiba Corp.
