Home > Energy & Power > Electrical Equipment > Switchgears > Gas-Insulated AC Switchgear Market

Gas-Insulated AC Switchgear Market Share

  • Report ID: GMI7958
  • Published Date: Jan 2024
  • Report Format: PDF
 Download Free Sample

Gas-Insulated AC Switchgear Market Share

Global Company Market Share Analysis, 2023 (%)
To get key market trends
  Download Free Sample

ABB holds a significant portion of the gas-insulated AC switchgear market, renowned for its extensive expertise in engineering and manufacturing various types of switchgear, including gas-insulated AC switchgear and DC switchgear. With a deep-seated history in the transmission and distribution sector, the company has a notable track record of providing switchgear solutions for a wide range of applications across commercial, industrial, and utility sectors.
 

Gas-Insulated AC Switchgear Market Companies

Some of the major key players operating across the gas-insulated AC switchgear industry are:

  • ABB
  • CG Power & Industrial Solutions Ltd.
  • Chint Group
  • Eaton Corporation
  • Fuji Electric Co., Ltd.
  • General Electric
  • HD HYUNDAI ELECTRIC CO., LTD.
  • Hitachi Energy Ltd.
  • Hyosung Heavy Industries
  • Lucy Group Ltd.
  • Mitsubishi Electric Corporation
  • Powell Industries
  • Schneider Electric
  • Siemens Energy
  • Toshiba International Corporation
     
Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market valuation of gas-insulated AC switchgear was surpassed USD 580 million in 2023 and is set to expand at 5.9% CAGR from 2024 to 2032, driven by the surging demand for efficient transmission and distribution (T&D) control systems.

Low voltage gas-insulated AC switchgear market size exceeded USD 11.1 billion in 2023 and is estimated to reach over USD 18 billion by 2032, driven by the rising demand for energy along with positive consumer inclinations toward sustainable electricity networks.

Europe gas-insulated AC switchgear industry is poised to generate USD 4.5 billion by 2032, attributed to the ongoing initiatives for modernizing the power grid, higher development and research of smart grids, and rapid advancements in technologies in the region.

Some of the top gas-insulated AC switchgear companies include ABB, CG Power & Industrial Solutions Ltd., Chint Group, Eaton Corporation, Fuji Electric Co., Ltd., General Electric, HD, HYUNDAI ELECTRIC CO., LTD., Hitachi Energy Ltd., Hyosung Heavy Industries, Lucy Group Ltd., Mitsubishi, Electric Corporation, Powell Industries, Schneider Electric, Siemens Energy, and Toshiba International Corporation.

Gas-Insulated AC Switchgear Market Scope

  • Gas-Insulated AC Switchgear Market Size
  • Gas-Insulated AC Switchgear Market Trends
  • Gas-Insulated AC Switchgear Market Analysis
  • Gas-Insulated AC Switchgear Market Share

    • Buy Now

    Premium Report Details

    • Base Year: 2023
    • Companies covered: 15
    • Tables & Figures: 519
    • Countries covered: 23
    • Pages: 350
     Download Free Sample
    ×
    Get a free sample of Gas-Insulated AC Switchgear Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.