Global Air Insulated Switchgear
Market Report
2024
Air Insulated Switchgear Market size will be USD 5.2 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 3.1% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Air Insulated Switchgear Market Report 2024.
According to Cognitive Market Research, the global Air Insulated Switchgear Market size will be USD 5.2 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 3.1% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Air Insulated Switchgear Market Sales Revenue 2024 | $ 5.2 Billion |
Global Air Insulated Switchgear Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.1% |
Market Split by Voltage |
|
Market Split by Installation |
|
Market Split by End-User |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Air Insulated Switchgear industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Air Insulated Switchgear Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Air-insulated switchgear is a compact metal-encapsulated switchgear that contains high-voltage components such as a fuse or circuit breaker, as well as an electrical disconnect switch and is used to isolate, protect, and regulate electrical equipment. Aluminum, steel, resins, and insulating materials are the most common raw materials used in the manufacture of air-insulated switchgear. Additionally, Air-insulated switchgear (AIS) has a low manufacturing cost. It is simple to maintain, resulting in increased production and a boost to the air-insulated switchgear market over the projection period. Increased demand for air-insulated switchgear due to their extensive usage in places where space, environmental conditions, and weather conditions are not a concern, such as rural areas, is likely to be a significant driver of the air-insulated switchgear market.
Expansion of renewable energy-based capacity will increase the demand for air-insulated switchgear - Government support continues in over 130 nations, countries representing 90% of the world's GDP have set ambitious net-zero targets, and wind and solar PV have become more cost-competitive. In 2021, 290 gigawatts (GW) of installed renewable energy capacity were added, representing a 3% increase over the already outstanding gain in 2020. In 2021, solar PV accounted for more than half of global renewable energy growth, trailing only wind and hydropower. The trajectory of renewable capacity growth from 2021 to 2026 suggests that the European Union's renewable power expansion is predicted to exceed the 2030 target set by the current National Energy and Climate Plans (NECPs). As demand for green and renewable energy grows, the global switching device industry will benefit. Electricity demand is increasing due to population increase and industrialization
High equipment costs may harm the market Environmental and safety rules that are excessively tight may hamper the market
We have various report editions of Air Insulated Switchgear Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In August 2021, Schneider Electric has introduced GenieEvo Connected, a comprehensive, trustworthy switchgear line with unparalleled connectivity for asset health monitoring. GenieEvo collaborated to create a new cloud-based standard for primary air insulated switchgear for effective maintenance.
Top Companies Market Share in Air Insulated Switchgear Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global Air Insulated Switchgear Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Air Insulated Switchgear Industry growth. Air Insulated Switchgear market has been segmented with the help of its Voltage, Installation End-User, and others. Air Insulated Switchgear market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Air Insulated Switchgear market.
Voltage of Air Insulated Switchgear analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Air Insulated Switchgear Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the outdoor category led the market in 2024 because to its diverse variety of applications, which included long-distance power transmission, very big power plants, and ultra-high voltage transmission. Major long-term investments in transmission and distribution infrastructure control the outside market.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Air Insulated Switchgear market report 2024 Edition by contacting our team.
According to Cognitive Market Research, Asia-Pacific had the largest air-insulated switchgear market share in 2024. Many Asia-Pacific countries have insufficient electricity distribution systems. The absence of T&D networks is especially common in rural and remote areas. The region's nations are investing heavily in the construction of transmission line networks to electrify these areas. Furthermore, it is expected that Southeast Asia, one of the regions with the fastest-growing energy consumption in recent decades, will resume its prior growth rates, boosting demand by 5.4% in 2023 vs 2024. As a result, during the forecast period, factors like the region's aging grid infrastructure and rising energy demand are expected to raise demand for air-insulated switchgear in the Asia Pacific.
Europe experienced the fastest growth rate in 2024, mainly due to rising energy demand, modernizing ageing hydropower plants, and government efforts to update grid infrastructure. The 2017 European Energy Industry Investments report projects that transmission and distribution infrastructure investments will increase from USD 58.37 billion in 2014-2020 to USD 86.73 billion in 2024-2031. As a result, rising transmission and distribution infrastructure investments will provide profitable growth opportunities over the forecast period.
The current report Scope analyzes Air Insulated Switchgear Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Air Insulated Switchgear Market is witnessing significant growth in the near future.
In 2023, the Up To 36 K V segment accounted for noticeable share of global Air Insulated Switchgear Market and is projected to experience significant growth in the near future.
The Indoor segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies RTX Corporation , Rheinmetall AG and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Voltage | Up To 36 K V, >36 K V |
Installation | Indoor, Outdoor |
End-User | Transmission & Distribution, Manufacturing & Processing, Infrastructure & Transportation |
List of Competitors | RTX Corporation, IAI, Rheinmetall AG, THALES, Lockheed Martin Corporation, Saab AB, Leonardo S.p.A., Kongsberg Gruppen ASA, Northrop Grumman Corporation, The Boeing Company, ASELSAN A.S., Hanwha Systems Co. Ltd., Rafael Advanced Defense Systems Ltd. |
This chapter will help you gain GLOBAL Market Analysis of Air Insulated Switchgear. Further deep in this chapter, you will be able to review Global Air Insulated Switchgear Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Air Insulated Switchgear Market Trends North America Air Insulated Switchgear Technological Road Map North America Air Insulated Switchgear Market Drivers North America Air Insulated Switchgear Market Restraints North America Air Insulated Switchgear Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Voltage Analysis 2019 -2031, will provide market size split by Voltage. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Voltage Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Installation Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End-User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Air Insulated Switchgear market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Up To 36 K V have a significant impact on Air Insulated Switchgear market? |
What are the key factors affecting the Up To 36 K V and >36 K V of Air Insulated Switchgear Market? |
What is the CAGR/Growth Rate of Indoor during the forecast period? |
By type, which segment accounted for largest share of the global Air Insulated Switchgear Market? |
Which region is expected to dominate the global Air Insulated Switchgear Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Air Insulated Switchgear Market
Request Sample