PUBLISHER: TechNavio | PRODUCT CODE: 1915586
PUBLISHER: TechNavio | PRODUCT CODE: 1915586
Global Switchgear And Switchboard Apparatus Market 2025-2029
The global switchgear and switchboard apparatus market is forecasted to grow by USD 40268.0 mn during 2024-2029, accelerating at a CAGR of 7.0% during the forecast period. The report on the global switchgear and switchboard apparatus 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing global demand for power, capacity expansion for renewable power generation, rise in number of residential and commercial building projects.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 6.6% |
| CAGR | 7% |
| Incremental Value | $40268.0 mn |
Technavio's global switchgear and switchboard apparatus market is segmented as below:
By Type
- GIS
- AIS
- Others
By Power Rating
- Medium voltage (2 to 36 kV)
- High voltage (above 36 kV)
- Low voltage (upto 1 kV)
By Installation Type
- Indoor
- Outdoor
Geography
- APAC
- China
- Japan
- India
- South Korea
- Europe
- Germany
- UK
- France
- Italy
- The Netherlands
- North America
- US
- Canada
- Mexico
- Middle East and Africa
- UAE
- South America
- Brazil
- Argentina
- Rest of World (ROW)
This study identifies the increasing application of ais as one of the prime reasons driving the global switchgear and switchboard apparatus market growth during the next few years. Also, increasing launches of switchgear by companies and increasing demand for smart switchgear and switchboard apparatus will lead to sizable demand in the market.
The report on the global switchgear and switchboard apparatus market covers the following areas:
- Global switchgear and switchboard apparatus market sizing
- Global switchgear and switchboard apparatus market forecast
- Global switchgear and switchboard apparatus market industry analysis
The 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 global switchgear and switchboard apparatus market vendors that include ABB Ltd., Bharat Heavy Electricals Ltd., CG Power and Industrial Ltd., Eaton Corp. Plc, General Electric Co., Havells India Ltd., Hitachi Ltd., Hubbell Inc., Hyosung Corp., Hyundai Electric and Energy Systems Co. Ltd., Legrand SA, Luck Switchgear, Mitsubishi Electric Corp., Powell Industries Inc., Schneider Electric SE, Secheron SA, Siemens AG, Switchgear and Control Technics Pvt. Ltd., Toshiba Corp., Tricolite Electrical Industries Ltd.. Also, the global switchgear and switchboard apparatus market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Power Rating
- Executive Summary - Chart on Market Segmentation by Installation Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- Market segments
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
5 Historic Market Size
- 5.1 Global Switchgear And Switchboard Apparatus Market 2019 - 2023
- Historic Market Size - Data Table on Global Switchgear And Switchboard Apparatus Market 2019 - 2023 ($ million)
- 5.2 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
- 5.3 Power Rating segment analysis 2019 - 2023
- Historic Market Size - Power Rating Segment 2019 - 2023 ($ million)
- 5.4 Installation Type segment analysis 2019 - 2023
- Historic Market Size - Installation Type Segment 2019 - 2023 ($ million)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 The AI impact on Global Switchgear and Switchboard Apparatus Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
8 Market Segmentation by Type
- 8.1 Market segments
- 8.2 Comparison by Type
- 8.3 GIS - Market size and forecast 2024-2029
- 8.4 AIS - Market size and forecast 2024-2029
- 8.5 Others - Market size and forecast 2024-2029
- 8.6 Market opportunity by Type
- Market opportunity by Type ($ million)
9 Market Segmentation by Power Rating
- 9.1 Market segments
- 9.2 Comparison by Power Rating
- 9.3 Medium voltage (2 to 36 kV) - Market size and forecast 2024-2029
- 9.4 High voltage (above 36 kV) - Market size and forecast 2024-2029
- 9.5 Low voltage (upto 1 kV) - Market size and forecast 2024-2029
- 9.6 Market opportunity by Power Rating
- Market opportunity by Power Rating ($ million)
10 Market Segmentation by Installation Type
- 10.1 Market segments
- 10.2 Comparison by Installation Type
- 10.3 Indoor - Market size and forecast 2024-2029
- 10.4 Outdoor - Market size and forecast 2024-2029
- 10.5 Market opportunity by Installation Type
- Market opportunity by Market Segmentation by Installation Type ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- 12.2 Geographic comparison
- 12.3 APAC - Market size and forecast 2024-2029
- 12.3.1 China - Market size and forecast 2024-2029
- 12.3.2 Japan - Market size and forecast 2024-2029
- 12.3.3 India - Market size and forecast 2024-2029
- 12.3.4 South Korea - Market size and forecast 2024-2029
- 12.4 Europe - Market size and forecast 2024-2029
- 12.4.1 Germany - Market size and forecast 2024-2029
- 12.4.2 UK - Market size and forecast 2024-2029
- 12.4.3 France - Market size and forecast 2024-2029
- 12.4.4 Italy - Market size and forecast 2024-2029
- 12.4.5 The Netherlands - Market size and forecast 2024-2029
- 12.5 North America - Market size and forecast 2024-2029
- 12.5.1 US - Market size and forecast 2024-2029
- 12.5.2 Canada - Market size and forecast 2024-2029
- 12.5.3 Mexico - Market size and forecast 2024-2029
- 12.6 Middle East and Africa - Market size and forecast 2024-2029
- 12.6.1 Saudi Arabia - Market size and forecast 2024-2029
- 12.6.2 UAE - Market size and forecast 2024-2029
- 12.7 South America - Market size and forecast 2024-2029
- 12.7.1 Brazil - Market size and forecast 2024-2029
- 12.7.2 Argentina - Market size and forecast 2024-2029
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Increasing global demand for power
- Capacity expansion for renewable power generation
- Rise in number of residential and commercial building projects
- 13.2 Market challenges
- Volatile prices of raw materials used for switchgear and switchboard apparatus
- Availability of refurbished and counterfeit products
- Impact of regulatory standards on switchgear and switchboard apparatus design
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities
- Increasing application of AIS
- Increasing launches of switchgear by companies
- Increasing demand for smart switchgear and switchboard apparatus
14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.1 Companies profiled
- Companies covered
- 15.2 Company ranking index
- Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 ABB Ltd.
- ABB Ltd. - Overview
- ABB Ltd. - Business segments
- ABB Ltd. - Key news
- ABB Ltd. - Key offerings
- ABB Ltd. - Segment focus
- SWOT
- 15.5 Bharat Heavy Electricals Ltd.
- Bharat Heavy Electricals Ltd. - Overview
- Bharat Heavy Electricals Ltd. - Business segments
- Bharat Heavy Electricals Ltd. - Key news
- Bharat Heavy Electricals Ltd. - Key offerings
- Bharat Heavy Electricals Ltd. - Segment focus
- SWOT
- 15.6 CG Power and Industrial Ltd.
- CG Power and Industrial Ltd. - Overview
- CG Power and Industrial Ltd. - Business segments
- CG Power and Industrial Ltd. - Key offerings
- CG Power and Industrial Ltd. - Segment focus
- SWOT
- 15.7 Eaton Corp. Plc
- Eaton Corp. Plc - Overview
- Eaton Corp. Plc - Business segments
- Eaton Corp. Plc - Key news
- Eaton Corp. Plc - Key offerings
- Eaton Corp. Plc - Segment focus
- SWOT
- 15.8 General Electric Co.
- General Electric Co. - Overview
- General Electric Co. - Business segments
- General Electric Co. - Key news
- General Electric Co. - Key offerings
- General Electric Co. - Segment focus
- SWOT
- 15.9 Havells India Ltd.
- Havells India Ltd. - Overview
- Havells India Ltd. - Business segments
- Havells India Ltd. - Key news
- Havells India Ltd. - Key offerings
- Havells India Ltd. - Segment focus
- SWOT
- 15.10 Hitachi Ltd.
- Hitachi Ltd. - Overview
- Hitachi Ltd. - Business segments
- Hitachi Ltd. - Key news
- Hitachi Ltd. - Key offerings
- Hitachi Ltd. - Segment focus
- SWOT
- 15.11 Hubbell Inc.
- Hubbell Inc. - Overview
- Hubbell Inc. - Business segments
- Hubbell Inc. - Key news
- Hubbell Inc. - Key offerings
- Hubbell Inc. - Segment focus
- SWOT
- 15.12 Hyosung Corp.
- Hyosung Corp. - Overview
- Hyosung Corp. - Product / Service
- Hyosung Corp. - Key offerings
- SWOT
- 15.13 Hyundai Electric and Energy Systems Co. Ltd.
- Hyundai Electric and Energy Systems Co. Ltd. - Overview
- Hyundai Electric and Energy Systems Co. Ltd. - Product / Service
- Hyundai Electric and Energy Systems Co. Ltd. - Key offerings
- SWOT
- 15.14 Legrand SA
- Legrand SA - Overview
- Legrand SA - Business segments
- Legrand SA - Key news
- Legrand SA - Key offerings
- Legrand SA - Segment focus
- SWOT
- 15.15 Mitsubishi Electric Corp.
- Mitsubishi Electric Corp. - Overview
- Mitsubishi Electric Corp. - Business segments
- Mitsubishi Electric Corp. - Key offerings
- Mitsubishi Electric Corp. - Segment focus
- SWOT
- 15.16 Powell Industries Inc.
- Powell Industries Inc. - Overview
- Powell Industries Inc. - Product / Service
- Powell Industries Inc. - Key offerings
- SWOT
- 15.17 Schneider Electric SE
- Schneider Electric SE - Overview
- Schneider Electric SE - Business segments
- Schneider Electric SE - Key news
- Schneider Electric SE - Key offerings
- Schneider Electric SE - Segment focus
- SWOT
- 15.18 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus
- SWOT
16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- Research methodology
- 16.5 Data procurement
- Information sources
- 16.6 Data validation
- Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
- List of abbreviations
