DC Vacuum Insulated Switchgear Market - By Voltage, By Application, Analysis, Share, & Forecast, 2025 - 2034

Report ID: GMI8589
   |
Published Date: December 2024
 | 
Report Format: PDF

Download Free PDF

DC Vacuum Insulated Switchgear Market Size

The global DC vacuum insulated switchgear market size was valued at USD 11.1 billion in 2024 and is estimated to grow at a CAGR 7.6% from 2025 to 2034 due to rising investments in renewable energy integration and the expanding adoption of electrified transportation.
 

DC Vacuum Insulated Switchgear Market

The switchgear are preferable due to their safety features, compactness, and ability to work at power efficient rate in high voltage DC applications which are important in contemporary energy grids. This trend has been further boosted by the increasing need for DC transmission systems, in particular the HVDC ( High Voltage Direct Current) networks. This is more important for the large-scale renewable projects and border electricity trade because these systems have very low energy loss during long distance power transmission.

Furthermore, the improvement of vacuum insulation technology has enhanced the reliability and durability of these switchgears and decreased the servicing costs, which is why this equipment have gained popularity in industrial, utility, and commercial markets. Major regions such as Asia-Pacific and Europe are already starting to deploy these, backed by strong regulatory policies aimed at grid modernization and sustainable infrastructure.
 

DC Vacuum Insulated Switchgear Market Trends

The adoption of renewable sources of energy, such as solar and wind, has aided in the development of DC vacuum insulated switchgear. These components are dramatically used in high voltage direct current (HVDC) systems for long distance electricity transmission with minimum losses. Countries in Europe and the Asia pacific with strong renewable energy targets are now using these switchgears to add to their grid stability and operations.
 

These systems provide inbuilt advantages over the traditional air insulated systems as they are lightweight and compact which is very appealing to metropolitan areas where space is limited. Their extreme high reliability and performance has made these systems popular among industries and utilities where downtime is very expensive.
 

Developments such as the IoT have made integrating arc quenching technologies, active monitoring, and enhanced lifecycle components very easy. These inventions combine high performance with low maintenance costs. Enhanced vacuum switch gears are more reliable and absolutely vital to data centers. Their lower maintenance costs and higher adoption rates make them more appealing. Similarly, this method is being put to use in industries such as mining and railroad, where their high voltage direct current needs to be satisfied.
 

DC Vacuum Insulated Switchgear Market Analysis

DC Vacuum Insulated Switchgear Market Size, By Voltage, 2022 - 2034 (USD Billion)

Based on the voltage, low voltage segments of the market is expected to grow beyond USD 13.2 Bn by the year 2034 owing to the increasing usage in renewable energy systems, electric vehicle (EV) charging systems, industrial automation and other uses. Due to the compactness, economization and the significant operational reliability in the highly desired low voltage efficient DC powered applications, low voltage DC vacuum insulated switchgear is gaining an upgrade for choice. The construction of urban centers and smart cities will also increase the demand for these systems because they are space saving which is suitable for the bulk of dense population.
 

DC Vacuum Insulated Switchgear Market Share, By Application, 2024

The utility segment in the DC vacuum insulated switchgear market is projected to achieve a CAGR of over 7.3% through 2034, which indicates the increasing significance of it in enabling grid modernization, renewable energy adoption and expansion of HVDC transmission. With the increased use of DC vacuum insulated switchgear, small dimensions, high efficiency and increased safety are essential for effective bulk power transmission. The development of high voltage solar and wind energy farms which necessitate HVDC transmission also creates a demand for this technology which reduces energy losses at long distances.
 

DC Vacuum Insulated Switchgear Market Size, 2022 - 2034,  (USD Billion)

The DC vacuum insulated switchgear market in the U.S. is expected to exceed USD 2.3 billion by the year 2034, which can be attributed to an increase in the need for multifunctional compact electrical infrastructure to streamline urbanization efforts, renewable energy integration, and the modernization of grids.
 

The increased interest in urban areas makes conclusion the use of vacuum-insulated GIS units suitable due to their high voltage capacity, improved safety precautions, along with their energy conserving designs. Aging infrastructure investment upgrades done by factories and utilities makes it increasingly necessary to use these systems to increase efficiency of power distribution along with reducing constant maintenance requirements.
 

Some of the fast-growing economies like China, India, and several South East Asian countries are a part of the Asia Pacific region. The faster paced population along with the expanding industries/in economies sets the bar for energy demand in these nations, which makes the sustained reliability and power distribution thorough efficient systems vacuum insulated GIS a needed component. Strong focus is set on smart grid technologies within countries such as China, Japan, and South Korea in order to increase reliability while decreasing outages.
 

DC Vacuum Insulated Switchgear Market Share

Leading companies like ABB and Siemens still maintain leadership in the market of DC air insulated switchgear due to their technological know-how, vast range of products, and global presence. They provide solutions for problems like anticipating system failures through the automation of systems and digital substations that allow for real time surveillance and aid in ensuring the grid is stable and performs optimally.
 

DC Vacuum Insulated Switchgear Market Companies

Major players operating in the DC vacuum insulated switchgear industry are:

  • ABB
  • Bharat Heavy Electricals
  • CG Power and Industrial Solutions
  • E + I Engineering
  • Eaton
  • Fuji Electric
  • General Electric
  • HD Hyundai Electric
  • Hitachi
  • Lucy Group
  • Mitsubishi Electric
  • Ormazabal
  • Schneider Electric
  • Siemens
  • Skema
  • Toshiba
     

DC Vacuum Insulated Switchgear Industry News

  • In April 2024, Schneider Electric and Digital Realty enrolled in a circular economy initiative at the Paris 5 (PAR5) data center. This joint effort seeks to increase the longevity of critical components at PAR5, which include Schneider Electric’s low-voltage (LV), medium voltage (MV) electrical assets, HV gas insulated switchgear and UPS’s. The use of ESG data demonstrates Digital Realty's efforts to meet its environmental, social, and governance (ESG) goals.
     

DC vacuum insulated switchgear market research report includes in-depth coverage of the industry with estimates & forecast in terms of ‘USD Million’ and ’000 Units’ from 2021 to 2034, for the following segments:

Market, By Voltage

  • Low
  • Medium
  • High

Market, By Application

  • Residential
  • Commercial & industrial
  • Utility

The above information has been provided for the following countries across the region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Russia
    • Spain
  • Asia Pacific
    • China
    • Australia
    • India
    • Japan
    • South Korea
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Turkey
    • South Africa
    • Egypt
  • Latin America
    • Brazil
    • Argentina

 

Authors: Ankit Gupta, Utkarsh Mahajan
Frequently Asked Question(FAQ) :
Who are the major players in the DC vacuum insulated switchgear market?
Key players in the industry include ABB, Bharat Heavy Electricals, CG Power and Industrial Solutions, E + I Engineering, Eaton, Fuji Electric, General Electric, HD Hyundai Electric, Hitachi, Lucy Group, Mitsubishi Electric, Ormazabal, Schneider Electric, Siemens, Skema, and Toshiba.
How big is the DC vacuum insulated switchgear market?
What is the growth outlook for the utility segment in the DC vacuum insulated switchgear market?
Why is the low voltage segment gaining traction?
What trends are influencing the U.S. DC vacuum insulated switchgear market?
DC Vacuum Insulated Switchgear Market Scope
  • DC Vacuum Insulated Switchgear Market Size
  • DC Vacuum Insulated Switchgear Market Trends
  • DC Vacuum Insulated Switchgear Market Analysis
  • DC Vacuum Insulated Switchgear Market Share
Related Reports
    Authors: Ankit Gupta, Utkarsh Mahajan
    Buy Now
    $4,123 $4,850
    15% off
    $4,840 $6,050
    20% off
    $5,845 $8,350
    30% off
        Buy now
    Premium Report Details

    Base Year: 2024

    Companies covered: 17

    Tables & Figures: 20

    Countries covered: 21

    Pages: 100

    Download Free PDF

    Top