Solid dielectric type pad-mounted switchgear is currently fast growing technology introduced by G&W Electric (U.S.) and is considered as the best alternative when compared to conventional oil insulated pad-mounted switchgears. Solid dielectric insulations make these switchgears suitable for wet and corrosive environment, vertical or horizontal mounting, and use in any altitude. Also, since epoxy is inert and, environmental friendly, no EPA usage restrictions are implied making it easily acceptable in the market.
The increasing demand for Pad Mounted Switchgear drives the market. Increasing transmission and distribution investment and high efficient underground distribution systems are key factors to drive the growth of market. The underground distribution system is growing rapidly owing to shift change in trend. It amplifies the reliability and efficiency of the electrical supply with the advantage of being less susceptible to lightning and offers easy diagnosis of faults. U.K. and France are the fastest growth markets in the region. Europe is expected to have the largest market share for pad mounted switchgear. The market is driven by replacement of existing transmission system, improving the reliability of the grid and switching from overhead line to underground transmission systems. Asia pacific is expected to have moderate growth in this pad mounted switchgear market owing to high initial cost for the replacement of existing transmission system.
In 2019, the market size of Pad Mounted Switchgear is 5300 million US$ and it will reach 10800 million US$ in 2025, growing at a CAGR of 9.3% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Pad Mounted Switchgear.
This report studies the global market size of Pad Mounted Switchgear, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Pad Mounted Switchgear production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
G&W Electric
Eaton Corporation
S&C Electric Company
Federal Pacific
...
Market Segment by Product Type
Air Insulated
Gas Insulated
Others
Market Segment by Application
Industrial
Commercial
Residential
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Pad Mounted Switchgear status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Pad Mounted Switchgear manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Pad Mounted Switchgear are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on PadMountedSwitchgear. Industry analysis & Market Report on PadMountedSwitchgear is a syndicated market report, published as Global (United States, European Union and China) Pad Mounted Switchgear Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of PadMountedSwitchgear market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.