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High Voltage Switchgear Market Share

  • Report ID: GMI5399
  • Published Date: Nov 2022
  • Report Format: PDF
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High Voltage Switchgear Market Share

Top participant operating in the industry are

  • Hyundai Electric & Energy Systems Co.
  • Siemens Energy
  • GE
  • Mitsubishi Electric Corporation
  • Hyosung Heavy Industries
  • Hitachi Energy Ltd.
  • Bharat Heavy Electricals Ltd.
  • CG Power & Industrial Ltd.
  • Powell Industries, Ltd.
  • BRUSH
  • CHEM
  • Schneider Electric
  • TOSHIBA CORPORATION
  • CHINT Group

Manufacturers are developing compact, effective, and affordable solutions to enhance their market presence. In August 2022, global technology leader Hitachi Energy and England-based energy company Eversource partnered to install the eco-friendly ‘EconiQ’ 420 kV circuit-breaker in the U.S.

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of high voltage switchgear crossed USD 2 billion in 2022 and is expected to grow at more than 7% growth rate through 2032 propelled by mounting investments across the grid infrastructure.

The GIS product segment accounted USD 1 billion in 2022 and is slated to depict considerable growth through 2032. Several benefits offered by GIS viz., less maintenance, compact, reduced environmental effect, and so on, are supplementing segment progression.

The Europe market is set to expand at over 6% CAGR through 2032 owing to massive investments by manufacturers and developers and government programs to promote technological advancements in the region.

The enterprises operating in the industry are Hyundai Electric & Energy Systems Co., Siemens Energy, GE, Mitsubishi Electric Corporation, Hyosung Heavy Industries, Hitachi Energy Ltd., Bharat Heavy Electricals Ltd., CG Power & Industrial Ltd., Powell Industries, Ltd., BRUSH, CHEM, Schneider Electric, TOSHIBA CORPORATION, CHINT Group, and others.

High Voltage Switchgear Market Scope

  • High Voltage Switchgear Market Size
  • High Voltage Switchgear Market Analysis
  • High Voltage Switchgear Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 14
    • Tables & Figures: 1163
    • Countries covered: 22
    • Pages: 600
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