Global Medium Voltage Switchgear Market Size, Share, Growth Analysis, By Voltage(3kV-5kV, 6kV-15kV), By Insulation(Air Insulated Switchgear, Gas Insulated Switchgear) - Industry Forecast 2024-2031
세계의 중전압 스위치기어 시장 규모는 2022년 917억 9,000만 달러로 평가되었습니다. 2023년 971억 1,000만 달러에서 2031년에는 1,524억 6,000만 달러에 달하고, 예측 기간(2024-2031년) 동안 5.8%의 연평균 복합 성장률(CAGR)을 나타낼 전망입니다.
중전압 개폐기 시장은 주로 배전 및 송전 부문을 대상으로 하는 중전압 개폐기 시장은 대규모 전기 장비 사업의 중요한 부분으로, 1kV-36kV 전압 범위의 중전압 개폐기는 전기 회로 및 장비의 보호, 조정 및 절연에 필수적입니다. 전력 인프라의 지속적인 현대화, 전력 소비 증가, 재생 가능 에너지원의 전력망 임베디드이 시장 확대를 촉진하는 이유 중 하나입니다. 각국은 전력망의 안정성, 신뢰성 및 에너지 효율을 향상시키기 위해 노력하고 있으며, 이는 고급 중전압 스위치기어 솔루션에 대한 수요를 증가시키고 있습니다. 원격 모니터링, 예지보전, 자가 진단 등의 기능을 갖춘 스마트 배전반의 개발은 기술적으로 비약적인 발전을 이룩한 결과입니다. 이러한 추세는 디지털화 및 인더스트리 4.0 개념에 대한 광범위한 지원과 일치하여 시장의 추가 확장을 촉진하고 있습니다.
목차
주요 요약
조사 방법
- 정보 조달
- 2차/1차 정보원
- 시장 규모 추정
- 시장 전제조건과 제한
상위 시장 분석
주요 시장 인사이트
- 기술 분석
- 가격 분석
- 공급망 분석
- 밸류체인 분석
- 시장 생태계
- IP 분석
- 무역 분석
- 스타트업 분석
- 원재료 분석
- 혁신 매트릭스
- 파이프라인 제품 분석
- 거시경제 지표
- 주요 투자 분석
- 주요 성공 요인
- 경쟁 정도
시장 역학과 전망
- 시장 역학
- 규제 상황
- Porter의 Five Forces 분석
- 향후 혼란에 관한 특별한 인사이트
세계의 중전압 스위치기어 시장 : 전압별
- 시장 개요
- 3kV-5kV
- 6kV-15kV
- 17kV-27kV
- 28kV-40kV
세계의 중전압 스위치기어 시장 : 절연체별
- 시장 개요
- 공기 절연 스위치기어
- 가스 절연 스위치기어
- 오일 절연 스위치기어
- 기타
세계의 중전압 스위치기어 시장 규모 : 지역별
- 시장 개요
- 북미
- 유럽
- 아시아태평양
- 라틴아메리카
- 중동 및 아프리카
- GCC 국가
- 남아프리카공화국
- 기타 중동 및 아프리카
경쟁 구도
- 주요 5개사 비교
- 주요 기업의 시장 포지셔닝(2021년)
- 주요 시장 기업이 채택한 전략
- 주요 성공 전략
- 시장에서의 최근 활동
- 주요 기업의 시장 점유율(2021년)
주요 기업 개요
- ABB Ltd(Switzerland)
- Siemens AG(Germany)
- Schneider Electric SE(France)
- General Electric Company(USA)
- Eaton Corporation plc(Ireland)
- Mitsubishi Electric Corporation(Japan)
- Fuji Electric Co., Ltd.(Japan)
- Toshiba Energy Systems & Solutions Corporation(Japan)
- Hyundai Electric & Energy Systems Co., Ltd.(South Korea)
- LS Electric Co., Ltd.(South Korea)
- Powell Industries, Inc.(USA)
- CG Power and Industrial Solutions Limited(India)
- Ormazabal(Spain)
- Lucy Electric Ltd.(United Kingdom)
- AEG Power Solutions(Netherlands)
- Schneider Electric India Pvt. Ltd.(India)
- Arteche Group(Spain)
- Larsen & Toubro Limited(India)
- Hyosung Heavy Industries Corporation(South Korea)
- Hitachi, Ltd.(Japan)
- EFACEC Group(Portugal)
- NOJA Power(Australia)
- G&W Electric Company(USA)
- Entec Electric & Electronic Co., Ltd.(South Korea)
- C&S Electric Limited(India)
LSH 24.04.09
Global Medium Voltage Switchgear Market size was valued at USD 91.79 billion in 2022 and is poised to grow from USD 97.11 billion in 2023 to USD 152.46 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).
The medium voltage switchgear market, which mainly caters to the power distribution and transmission sectors, is a crucial subset of the larger electrical equipment business. In the voltage range of 1 kV to 36 kV, medium voltage switchgear is essential for safeguarding, regulating, and isolating electrical circuits and equipment. The continuous modernization of the power infrastructure, rising electricity consumption, and the grid's incorporation of renewable energy sources are some of the reasons propelling the market's expansion. Countries are seeking to improve grid stability, dependability, and energy efficiency, which is driving up demand for sophisticated medium voltage switchgear solutions. The development of smart switchgear with features like remote monitoring, predictive maintenance, and self-diagnosis capabilities is the result of technological breakthroughs. This tendency drives additional market expansion as it is in line with the broader push towards digitalization and Industry 4.0 concepts.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Medium Voltage Switchgear Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Medium Voltage Switchgear Market Segmental Analysis
The voltage, insulation, installation, end-user, and geographic segments of the worldwide medium voltage switchgear market are used for market segmentation. The voltage segments of the market are as follows: 3kV-5kV, 6kV-15kV, 17kV-27kV, and 28kV-40kV. The market is divided into four segments based on insulation: oil-, gas-, and air-insulated switchgear, as well as others. The market is divided into Indoor and Outdoor segments based on installation. Power Stations, Transformer Substations, Local Electricity Supply, and Others are the market segments based on End User. The market is divided into Latin America, Middle East and Africa, Asia Pacific, North America, and Europe.
Drivers of the Global Medium Voltage Switchgear Market
The market for medium voltage switchgear is mostly driven by the rising demand for electricity worldwide, which is a result of urbanization, industrialization, and population increase. To provide a steady power supply, infrastructure development projects including the creation of commercial buildings, industrial facilities, and renewable energy installations need to use dependable and effective medium voltage switchgear systems.
Restraints in the Global Medium Voltage Switchgear Market
Systems for medium voltage switchgear require large upfront expenditures for purchase, installation, and upkeep. These expenses may be prohibitive, particularly for small and medium-sized businesses or in areas with little funding. The cost of installation, operation, and maintenance is further increased by the requirement for professional labor.
Market Trends of the Global Medium Voltage Switchgear Market
Growing Need for Renewable Energy Integration: Medium voltage switchgear is becoming more and more necessary as the globe moves toward cleaner, more sustainable energy sources. This is because renewable energy systems, including solar and wind power, must be integrated into the grid. Grid stability and a consistent supply of energy are ensured by these switchgear systems, which provide the effective distribution and administration of electricity generated from renewable sources.
Digitalization and the Smart Grid: The medium voltage switchgear industry is being impacted by the digitalization and adoption of smart grid technology. Smart switchgear solutions with sensors, advanced monitoring systems, and communication capabilities are becoming more and more popular. By enabling remote control, predictive maintenance, and real-time data collecting, these advances improve the overall performance, dependability, and efficiency of medium voltage distribution networks.
Table of Contents
Executive Summary
- Market Overview
- Wheel of Fortune
Research Methodology
- Information Procurement
- Secondary & Primary Data Sources
- Market Size Estimation
- Market Assumptions & Limitations
Parent Market Analysis
- Market Overview
- Market Size
- Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Key Market Insights
- Technology Analysis
- Pricing Analysis
- Supply Chain Analysis
- Value Chain Analysis
- Ecosystem of the Market
- IP Analysis
- Trade Analysis
- Startup Analysis
- Raw Material Analysis
- Innovation Matrix
- Pipeline Product Analysis
- Macroeconomic Indicators
- Top Investment Analysis
- Key Success Factor
- Degree of Competition
Market Dynamics & Outlook
- Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
- Regulatory Landscape
- Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
- Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Global Medium Voltage Switchgear Market by Voltage
- Market Overview
- 3kV-5kV
- 6kV-15kV
- 17kV-27kV
- and 28kV- 40kV
Global Medium Voltage Switchgear Market by Insulation
- Market Overview
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Oil Insulated Switchgear
- and Others
Global Medium Voltage Switchgear Market Size by Region
- Market Overview
- North America
- Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA
Competitive Landscape
- Top 5 Player Comparison
- Market Positioning of Key Players, 2021
- Strategies Adopted by Key Market Players
- Top Winning Strategies
- By Development
- By Company
- By Year
- Recent Activities in the Market
- Key Companies Market Share (%), 2021
Key Company Profiles
- ABB Ltd (Switzerland)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Siemens AG (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Schneider Electric SE (France)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- General Electric Company (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Eaton Corporation plc (Ireland)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Mitsubishi Electric Corporation (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Fuji Electric Co., Ltd. (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Toshiba Energy Systems & Solutions Corporation (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Hyundai Electric & Energy Systems Co., Ltd. (South Korea)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- LS Electric Co., Ltd. (South Korea)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Powell Industries, Inc. (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- CG Power and Industrial Solutions Limited (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Ormazabal (Spain)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Lucy Electric Ltd. (United Kingdom)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- AEG Power Solutions (Netherlands)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Schneider Electric India Pvt. Ltd. (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Arteche Group (Spain)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Larsen & Toubro Limited (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Hyosung Heavy Industries Corporation (South Korea)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Hitachi, Ltd. (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- EFACEC Group (Portugal)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- NOJA Power (Australia)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- G&W Electric Company (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Entec Electric & Electronic Co., Ltd. (South Korea)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- C&S Electric Limited (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
