Download free PDF

Vacuum Insulated Low Voltage Industrial Switchgear Market Size - By current, By category, Analysis, Share, & Forecast, 2025 - 2034

Report ID: GMI12527
   |
Published Date: December 2024
 | 
Report Format: PDF

Download Free PDF

Vacuum Insulated Low Voltage Industrial Switchgear Market Size

The global vacuum insulated low voltage industrial switchgear market was valued at USD 759.9 million in 2024 and is estimated to grow at a CAGR 5.6% from 2025 to 2034, driven by increasing industrialization, urbanization, and the need for reliable power distribution systems. This form of switchgear is most sought after because of their small footprint, the additional operational safety, and their green nature, since they omit the use of the noxious SF6 gas altogether.

Vacuum Insulated Low Voltage Industrial Switchgear Market

All international markets gain from improvement of vacuum insulation technology that assures low upkeep and high productivity. The increasing focus on integrating renewables into the grid and replacing old power infrastructures is another driver for market growth. Similarly, the growth of industrial automation increases the demand for strong low voltage products which, in turn, increases the spending for vacuum insulated systems. Asia Pacific and Europe are leading in adoption due to fast industrialization and tough environmental restraints. Government policies supporting energy saving and the move toward smart power systems further strengthen the growth of the market.
 

Vacuum Insulated Low Voltage Industrial Switchgear Market Trends

The growing preference for modern designs of switchgear is one of the major trends ever since vacuum insulation technology made it possible to adequately compact switchgears to suitable sizes without sacrificing performance. These features made compact switchgears perfect to install in metropolitan and industrial areas where spaces are limited, This is particularly true in many regions in Asia-Pacific or Europe where space is among the biggest infrastructure concerns. The emergence of digital technology during the past few years has greatly affected the power sector of these areas, notably the vacuum insulated switchgear sector.
 

The integration of IoT and smart monitoring systems facilitates real-time data collection alongside remote control access and predictive maintenance. These features enhance reliability and efficiency which reduces maintenance costs as well as downtime costs. Also, the growing number of renewable energy projects boosts the market. To meet the demands of power generation, industries are incorporating solar, wind, and other renewables into their energy mix, therefore, advanced low-voltage switchgear systems for power distribution are required. With their proven ability to withstand changing power loads, vacuum insulated systems are gaining favor.
 

Vacuum Insulated Low Voltage Industrial Switchgear Market Analysis

Vacuum Insulated Low Voltage Commercial Switchgear Market Size, By Current, 2022 - 2034 (USD Billion)

The AC segments is projected to exceed USD 1 billion by 2034. Considering that industrial and commercial power distribution relies heavily on AC systems, the growth is quite justifiable. Managing AC power in the manufacturing, data center, and commercial building sectors requires reliable and energy-efficient settings, hence vacuum insulated switchgear is favored. The focus of industries has transitioned toward mitigating their environmental impact, which is one of the reasons for the more positive attention towards vacuum insulated switchgear as compared to traditional systems. This shift toward sustainable technologies is especially important in the AC power distribution that exists in nearly all sectors. And more importantly, because vacuum switch gear systems do not use SF6 gas, they are more efficient environmentally.
 

Vacuum Insulated Low Voltage Commercial Switchgear Market Share, By Category, 2024

The vacuum insulated low voltage industrial switchgear market from vacuum insulation segment will record a CAGR of greater than 5.5% through 2034. This is because vacuum insulation technology is benefitting from the further acceptance and expansion of vacuum insulation solutions due to its excellent safety provisions. One of the features of avoidable , low spare parts type plunges into an arc in the switch, it a primary issue with traditional switchgear and one of the reasons why plunges into vacuum insulated switches are popular. This improves the reliability of electrical systems. For these reasons, power generation, manufacturing and even for low voltage Industrial switchgear industries with standard structures bolted onto frames with 0-degree tilt have started adaption of vacuum-insulated switchgear due to its high safety standards.
 

U.S. Vacuum Insulated Low Voltage Commercial Switchgear Market Size, 2022 - 2034,  (USD Million)

The U.S. vacuum insulated low voltage industrial switchgear market is projected to surpass USD 117.5 million by 2034, since the industries across the U.S. prioritize energy efficiency to reduce operational costs and carbon footprints, vacuum insulated switchgear is becoming a popular choice. These systems provide enhanced performance with minimal energy loss, making them an ideal solution for energy-conscious sectors, including manufacturing, utilities, and commercial buildings.
 

The APAC region is experiencing some of the fastest rates of industrialization and urbanization globally, particularly in countries like China, India, and South Asia. This surge in industrial activities leads to an increasing need for reliable, efficient, and compact electrical systems to manage power distribution effectively. Vacuum insulated switchgear, with its compact design, enhanced safety features, and low maintenance needs, is well-suited for the evolving power distribution infrastructure in industrial, commercial, and residential sectors across these rapidly developing regions.
 

Vacuum Insulated Low Voltage Industrial Switchgear Market Share

Industry leaders like ABB and Siemens continue to dominate the vacuum insulated low voltage industrial switchgear industry thanks to their technological expertise, innovative product offerings, and extensive global presence. These companies deliver cutting-edge solutions, such as digital substations, which improve real-time monitoring, enhance automation, and enable predictive maintenance—key elements in ensuring grid stability and operational efficiency. Their robust research and development capabilities enable them to consistently introduce advanced solutions that support the integration of renewable energy and the advancement of smart grid initiatives.
 

Vacuum Insulated Low Voltage Industrial Switchgear Market Companies

Major players operating in the vacuum insulated low voltage industrial switchgear industry are:

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

Vacuum Insulated Low Voltage Industrial Switchgear Industry News

  • In April 2024, Schneider Electric and Digital Realty launched a circular economy initiative at the Paris 5 (PAR5) data center. This partnership aims to extend the lifespan of critical systems at PAR5, including Schneider Electric's low-voltage (LV) and low-voltage (MV) electrical equipment, switchgear, and UPS units. The project underscores Digital Realty's commitment to advancing its environmental, social, and governance (ESG) objectives.
     

This vacuum insulated low voltage industrial 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 Current

  • AC
  • DC

Market, By Category

  • New
  • Refurbished

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) :
How big is the vacuum insulated low voltage industrial switchgear market?
The global market for vacuum insulated low voltage industrial switchgear was reached USD 759.9 million in 2024 and is estimated to grow at a 5.6% CAGR from 2025 to 2034, driven by increasing industrialization and urbanization.
Who are the major players in the vacuum insulated low voltage industrial switchgear market?
Key players include ABB, Bharat Heavy Electricals, CG Power and Industrial Solutions, E + I Engineering, Eaton, Fuji Electric, General Electric, HD Hyundai Electric, Hitachi, Hyosung Heavy Industries, Lucy Group, Mitsubishi Electric, Ormazabal, Schneider Electric, Siemens, Skema, and Toshiba.
What trends are influencing the U.S. vacuum insulated low voltage industrial switchgear market growth?
The U.S. market for vacuum insulated low voltage industrial switchgear is projected to surpass USD 117.5 million by 2034, led by industries prioritizing energy efficiency to reduce operational costs and carbon footprints.
What is the projected growth of the vacuum insulation segment in the switchgear market?
The vacuum insulation segment is projected to achieve a CAGR of over 5.5% through 2034, favored for its superior safety features that prevent arcing and enhance electrical system reliability.
Vacuum Insulated Low Voltage Industrial Switchgear Market Scope
  • Vacuum Insulated Low Voltage Industrial Switchgear Market Size
  • Vacuum Insulated Low Voltage Industrial Switchgear Market Trends
  • Vacuum Insulated Low Voltage Industrial Switchgear Market Analysis
  • Vacuum Insulated Low Voltage Industrial Switchgear Market Share
Authors: Ankit Gupta , Utkarsh Mahajan
Trust Factor 1
Trust Factor 2
Trust Factor 1
Premium Report Details

Base Year: 2024

Companies covered: 17

Tables & Figures: 20

Countries covered: 21

Pages: 100

Download Free PDF

Top
We use cookies to enhance user experience. (Privacy Policy)