North America Medium Voltage Switchgear Market Size By Voltage, By Component, By Insulation, By End-Use, By Application, Country Outlook, Growth Potential, Competitive Market Share & Forecast, 2023

Description

List of Tables

North America Medium Voltage Switchgear Market share is slated to grow exponentially through 2032, owing to the constantly surging demand for energy-efficient technologies for sustainable transmission and distribution networks. Besides, constant measures taken by central governments to encourage the adoption of enhanced technological systems to suffice the surging energy demand will further offer several growth prospects to the market.

In addition, the rapidly increasing urbanization rate combined with enhancing the quality, affordability, and reliability of electricity supply to consumers are some of the crucial factors driving the integration of sustainable infrastructure, thereby resulting in the market expansion.

Overall, the North America medium voltage switchgear market is segmented in terms of voltage, component, insulation, end-use, application, and country.

Considering the voltage, the ≥ 3 kV to < 9 kV high voltage switchgear segment is expected to register considerable growth over the forthcoming years. The growth can be attributed to its widespread applicability across decentralized power networks in the region.

Based on components, the switches and disconnectors segment will showcase lucrative growth owing to the product versatility and diverse applicability across distribution networks. Besides, switches and disconnectors are among the most commonly used electrical devices across different circuits, which is further expected to spur product adoption over the coming years.

Based on insulation, the air-insulated switchgear segment is projected to witness massive growth by 2032. The product benefits that prompt its adoption across North America include less construction work, less time for the erection of air-insulated substations, and reduced fault risks. Moreover, the switchgears are also largely incorporated and best suited for low voltage rating substations, which will eventually support the segmental expansion.

By end-use, the local electricity supply segment is anticipated to exhibit massive growth between 2023 and 2032, as local electricity supply offers several significant economic as well as environmental benefits to a community. Besides, ongoing initiatives by the US and Canada governments to promote energy efficiency, both in their operations and in their communities, will further offer significant prospects for segmental growth in the near future.

Considering the application, the commercial applications segment is set to grow positively owing to the mounting electricity demand from healthcare establishments, educational institutes, and banks, among many others. It is worth noting that the healthcare facilities across the United States consume approximately 10% of the total energy used in the commercial buildings across the country.

In the regional context, Canada medium voltage switchgear market is expected to grow rapidly owing to the ongoing investments in development of the renewable energy sector and microgrid networks. In addition, introduction of Foreign Direct Investment (FDI) schemes to update the overall economic growth and constant commercialization and industrialization will drive the regional growth further over the forecast period.

Product Code: 4438

Chapter 1 Methodology & Scope

1.1 Market scope and definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 North America Medium Voltage Switchgear Industry Insights

2.1 Industry ecosystem analysis
- 2.1.1 Vendor matrix
2.2 Regulatory Landscape
- 2.2.1 North America
  - 2.2.1.1 U.S.
    - 2.2.1.1.1 IEC vs ANSI Switchgear - Understanding the Global Standards
    - 2.2.1.1.2 ANSI and IEEE voltage classes
    - 2.2.1.1.3 30 CFR § 56.12020 - Protection of persons at switchgear.
    - 2.2.1.1.4 Cal. Code Regs. Tit. 8, § 2858 - Metal-enclosed Power Switchgear
    - 2.2.1.1.5 NEMA 260 1996 (2004)
    - 2.2.1.1.6 The U.S. approval system for electrical switchgear
    - 2.2.1.1.7 Sulfur Hexafluoride (SF6)
    - 2.2.1.1.8 Key Elements of the Regulation
    - 2.2.1.1.9 Environmental Objectives
    - 2.2.1.1.10 Affected Entities
- 2.2.2 IEC standards for switchgears
  - 2.2.2.1 Canada
    - 2.2.2.1.1 National Standard of Canada - Domestic
    - 2.2.2.1.2 C22.2 NO. 31-14 - Switchgear assemblies
  - 2.2.2.2 Mexico
    - 2.2.2.2.1 Mexico Market Access for Safety Requirements
2.3 COVID- 19 impact on the industry outlook
2.4 Price trend analysis
2.5 Industry impact forces
- 2.5.1 Growth drivers
  - 2.5.1.1 Expansion of smart grid networks
  - 2.5.1.2 Refurbishment & retrofit of the existing grid infrastructure
  - 2.5.1.3 Grid stability & security of supply concerns
- 2.5.2 Industry pitfalls and challenges
  - 2.5.2.1 High dependency on imports
2.6 Growth potential analysis
2.7 Porter's Analysis
- 2.7.1 Bargaining power of suppliers
- 2.7.2 Bargaining power of buyers
- 2.7.3 Threat of new entrants
- 2.7.4 Threat of substitutes
2.8 PESTEL Analysis

Chapter 3 Competitive Landscape, 2021

3.1 Innovation & technology landscape
- 3.1.1 Schneider Electric
- 3.1.2 General Electric
- 3.1.3 Eaton
- 3.1.4 ABB
- 3.1.5 Siemens
- 3.1.6 Mitsubishi Electric Corporation
- 3.1.7 Other innovations
3.2 Competitive landscape, 2022
- 3.2.1 Strategy dashboard
  - 3.2.1.1 ABB
    - 3.2.1.1.1 Product launch
  - 3.2.1.2 Siemens
    - 3.2.1.2.1 Collaboration
    - 3.2.1.2.2 Product launch
    - 3.2.1.2.3 Acquisition
  - 3.2.1.3 GE
    - 3.2.1.3.1 Product launch
  - 3.2.1.4 Schneider Electric
    - 3.2.1.4.1 Product launch
    - 3.2.1.4.2 Acquisition
    - 3.2.1.4.3 Product launch
  - 3.2.1.5 Mitsubishi Electric
    - 3.2.1.5.1 Collaboration
  - 3.2.1.6 Toshiba Corporation
    - 3.2.1.6.1 Collaboration

Chapter 4 North America Medium Voltage Switchgear Market, By Voltage

4.1 Key voltage trends
4.2 ≥ 3 kV to < 9 kV
- 4.2.1 North America market from ≥ 3 kV to < 9 kV, 2019 - 2032
- 4.2.2 North America market from ≥ 3 kV to < 9 kV, by country, 2019 - 2032
4.3 ≥ 9 kV to < 15 kV
- 4.3.1 North America market from ≥ 9 kV to < 15 kV, 2019 - 2032
- 4.3.2 North America market from ≥ 9 kV to < 15 kV, by country, 2019 - 2032
4.4 ≥ 15 kV to < 21 kV
- 4.4.1 North America market from ≥ 15 kV to < 21 kV, 2019 - 2032
- 4.4.2 North America market from ≥ 15 kV to < 21 kV, by country, 2019 - 2032
4.5 ≥ 21 kV to < 27 kV
- 4.5.1 North America market from ≥ 21 kV to < 27 kV, 2019 - 2032
- 4.5.2 North America market from ≥ 21 kV to < 27 kV, by country, 2019 - 2032
4.6 ≥ 27 kV to < 33 kV
- 4.6.1 North America market from ≥ 27 kV to < 33 kV, 2019 - 2032
- 4.6.2 North America market from ≥ 27 kV to < 33 kV, by country, 2019 - 2032
4.7 ≥ 33 kV
- 4.7.1 North America market from ≥ 33 kV, 2019 - 2032
- 4.7.2 North America market from ≥ 33 kV, by country, 2019 - 2032

Chapter 5 North America Medium Voltage Switchgear Market, By Component

5.1 Key component trends
5.2 Circuit breakers
- 5.2.1 North America market from circuit breakers, 2019 - 2032
- 5.2.2 North America market from circuit breakers, by country, 2019 - 2032
5.3 Contactors
- 5.3.1 North America market from contactors, 2019 - 2032
- 5.3.2 North America market from contactors, by country, 2019 - 2032
5.4 Switches & disconnectors
- 5.4.1 North America market from switches & disconnectors, 2019 - 2032
- 5.4.2 North America market from switches & disconnectors, by country, 2019 - 2032
5.5 Fuses
- 5.5.1 North America market from fuses, 2019 - 2032
- 5.5.2 North America market from fuses, by country, 2019 - 2032
5.6 Others
- 5.6.1 North America market from others, 2019 - 2032
- 5.6.2 North America market from others, by country, 2019 - 2032

Chapter 6 North America Medium Voltage Switchgear Market, By Insulation

6.1 Key insulation trends
6.2 Air
- 6.2.1 North America market from air, 2019 - 2032
- 6.2.2 North America market from air, by country, 2019 - 2032
6.3 Gas
- 6.3.1 North America market from gas, 2019 - 2032
- 6.3.2 North America market from gas, by country, 2019 - 2032
6.4 Oil
- 6.4.1 North America market from oil, 2019 - 2032
- 6.4.2 North America market from oil, by country, 2019 - 2032
6.5 Vacuum
- 6.5.1 North America market from vacuum, 2019 - 2032
- 6.5.2 North America market from vacuum, by country, 2019 - 2032
6.6 Others
- 6.6.1 North America market from others, 2019 - 2032
- 6.6.2 North America market from others, by country, 2019 - 2032

Chapter 7 North America Medium Voltage Switchgear Market, By End Use

7.1 Key end use trends
7.2 Power stations
- 7.2.1 North America market from power stations, 2019 - 2032
- 7.2.2 North America market from power stations, by country, 2019 - 2032
7.3 Transformer substations
- 7.3.1 North America market from transformer substations, 2019 - 2032
- 7.3.2 North America market from transformer substations, by country, 2019 - 2032
7.4 Local electricity supply
- 7.4.1 North America market from local electricity supply, 2019 - 2032
- 7.4.2 North America market from local electricity supply, by country, 2019 - 2032
7.5 Others
- 7.5.1 North America market from others, 2019 - 2032
- 7.5.2 North America market from others, by country, 2019 - 2032

Chapter 8 North America Medium Voltage Switchgear Market, By Application

8.1 Key application trends
8.2 Residential
- 8.2.1 North America market from residential, 2019 - 2032
- 8.2.2 North America market from residential, by country, 2019 - 2032
8.3 Commercial
- 8.3.1 North America market from commercial, 2019 - 2032
- 8.3.2 North America market from commercial, by country, 2019 - 2032
8.4 Industrial
- 8.4.1 North America market from industrial, 2019 - 2032
- 8.4.2 North America market from industrial, by country, 2019 - 2032
8.5 Utility
- 8.5.1 North America market from utility, 2019 - 2032
- 8.5.2 North America market from utility, by country, 2019 - 2032

Chapter 9 North America Medium Voltage Switchgear Market, By Country

9.1 Key country trends
9.2 U.S.
- 9.2.1 U.S. market, 2019 - 2032
- 9.2.2 U.S. market by voltage, 2019 - 2032
- 9.2.3 U.S. market by component, 2019 - 2032
- 9.2.4 U.S. market by insulation, 2019 - 2032
- 9.2.5 U.S. market by end use, 2019 - 2032
- 9.2.6 U.S. market by application, 2019 - 2032
9.3 Canada
- 9.3.1 Canada market, 2019 - 2032
- 9.3.2 Canada market by voltage, 2019 - 2032
- 9.3.3 Canada market by component, 2019 - 2032
- 9.3.4 Canada market by insulation, 2019 - 2032
- 9.3.5 Canada market by end use, 2019 - 2032
- 9.3.6 Canada market by application, 2019 - 2032
9.4 Mexico
- 9.4.1 Mexico market, 2019 - 2032
- 9.4.2 Mexico market by voltage, 2019 - 2032
- 9.4.3 Mexico market by component, 2019 - 2032
- 9.4.4 Mexico market by insulation, 2019 - 2032
- 9.4.5 Mexico market by end use, 2019 - 2032
- 9.4.6 Mexico market by application, 2019 - 2032

Chapter 10 Company Profiles

10.1 ABB
- 10.1.1 Business overview
- 10.1.2 Financial data
- 10.1.3 Product landscape
- 10.1.4 SWOT analysis
10.2 General Electric
- 10.2.1 Business overview
- 10.2.2 Financial data
- 10.2.3 Product landscape
- 10.2.4 SWOT analysis
10.3 Siemens
- 10.3.1 Business overview
- 10.3.2 Financial data
- 10.3.3 Product landscape
- 10.3.4 Strategic outlook
- 10.3.5 SWOT analysis
10.4 Eaton
- 10.4.1 Business overview
- 10.4.2 Financial data
- 10.4.3 Product landscape
- 10.4.4 SWOT analysis
10.5 Ormazabal
- 10.5.1 Business overview
- 10.5.2 Financial data
- 10.5.3 Product landscape
- 10.5.4 SWOT analysis
10.6 Toshiba Corporation
- 10.6.1 Business overview
- 10.6.2 Financial data
- 10.6.3 Product landscape
- 10.6.4 Strategic outlook
- 10.6.5 SWOT analysis
10.7 CHINT Group
- 10.7.1 Business overview
- 10.7.2 Financial data
- 10.7.3 Product landscape
- 10.7.4 SWOT analysis
10.8 Hyosung Heavy Industries
- 10.8.1 Business overview
- 10.8.2 Financial data
- 10.8.3 Product landscape
- 10.8.4 SWOT analysis
10.9 Powell Industries
- 10.9.1 Business overview
- 10.9.2 Financial data
- 10.9.3 Product landscape
- 10.9.4 SWOT analysis
10.10 Hyundai Electric & Energy Systems Co., Ltd.
- 10.10.1 Business overview
- 10.10.2 Financial data
- 10.10.3 Product landscape
- 10.10.4 SWOT analysis
10.11 Avail Infrastructure Solutions
- 10.11.1 Business overview
- 10.11.2 Financial data
- 10.11.3 Product landscape
- 10.11.4 SWOT analysis
10.12 Schneider Electric
- 10.12.1 Business overview
- 10.12.2 Financial data
- 10.12.3 Product landscape
- 10.12.4 Strategic outlook
- 10.12.5 SWOT analysis
10.13 Mitsubishi Electric Corporation
- 10.13.1 Business overview
- 10.13.2 Financial data
- 10.13.3 Product landscape
- 10.13.4 SWOT analysis
10.14 WEG
- 10.14.1 Business overview
- 10.14.2 Financial data
- 10.14.3 Product landscape
- 10.14.4 SWOT analysis
10.15 CG Power & Industrial Solutions Ltd.
- 10.15.1 Business overview
- 10.15.2 Financial data
- 10.15.3 Product landscape
- 10.15.4 SWOT analysis