North America Air Insulated Switchgear Market Analysis

North America Air Insulated Switchgear Market Analysis

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The medium (> 3 kV to ≤ 36 kV) segment held a market value of more than USD 1 billion in 2022, due to significant advancements in technology, extensive expansion of commercial establishments, and the refurbishment and upgrading of small-scale industries in the region. Voltage rating serves as a standardized industry practice for the installation of switchgear systems in various settings, including residential areas, large-scale industries, and utility applications. The aesthetic appeal, along with adaptable product specifications, stands as key factors positively influencing the deployment of medium voltage switchgear products.
 

The residential application is set to grow at a CAGR of over 6.9% through 2032. In the present economic landscape, the manufacturing and process industries hold crucial importance in certain economies, driving investments and revenue generation. Developed economies, in particular, exhibit a substantial reliance on manufactured and processed products. This reliance has influenced the preferences of utilities and installers, steering them towards the adoption of efficient distribution networks in various peripheral areas. Additionally, the global increase in mining and metal extraction activities has created a heightened demand for electricity networks to ensure the reliability and uninterrupted operations of these processes.
 

North America Air Insulated Switchgear Country Analysis 

The air insulated switchgear market across China held a market share of over 44.2% in 2022. The U.S. is actively modernizing its grid infrastructure to enhance reliability, reduce losses, and accommodate renewable energy sources. This modernization effort includes the adoption of advanced switchgear technologies like AIS to improve grid performance. The growth of renewable energy sources, such as wind and solar power, requires reliable switchgear solutions for efficient integration into the grid. AIS is used to connect renewable energy generation sites to the existing grid.
 

With a growing awareness of the need for grid resilience in the face of extreme weather events and cyber threats, AIS is being deployed to enhance the reliability and robustness of the electrical grid. The U.S. is gradually transitioning towards a smart grid system, where AIS plays a role in grid automation and optimization. These switches can be equipped with smart monitoring and communication capabilities to enable remote control and real-time monitoring.