According to the recent study the air insulated switchgear market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 4% to 6% from 2023 to 2028. Growth in this market is primarily driven by expansion in electric infrastructure, rising power generation capacity additions, and increasing adoption of green energy.
Browse XX figures /
charts and XX tables in this 150 -page report to understand trends,
opportunities and forecast in air insulated switchgear market by voltage range
(3 kV–36 kV and >36 kV), installation (indoor and outdoor), application
(transmission and distribution, manufacturing and processing, and
infrastructure and transportation), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Download sample report by clicking on below link
https://www.lucintel.com/air-insulated-switchgear-market.aspx
“Indoor market is expected to remain the
largest segment during the forecast period.”
Based on installation,
the air insulated switchgear market is segmented into indoor and outdoor.
Lucintel forecasts that the indoor market is expected to remain the largest
segment due to the rise in expenditure on electrical network, increasing focus
on renewable power generation, switchgears requiring low maintenance, and
modular design of switchgears.
“Within the air insulated switchgear market, the transmission
& distribution segment is expected to remain the largest application.”
Based on application the
transmission & distribution segment is expected to witness the highest
growth over the forecast period due to increasing demand for electricity,
increasing focus on renewable power generation, and investments in T&D
infrastructure.
“Asia pacific will dominate the air insulated switchgear market in
near future.”
APAC will remain the
largest region during the forecast period due to increasing power generation
capacity, rise in T&D expenditure, and growth in construction and
infrastructure sectors.
Download Brochure of this report by clicking on https://www.lucintel.com/air-insulated-switchgear-market.aspx.
Major players of air
insulated switchgear market are adopting various growth strategies like new
product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. Siemens
AG, ABB Ltd., General Electric Company, Schneider Electric, Eaton Corporation
PLC, Lucy Electric Ltd, TBEA India, Yokogawa Electric Corporation, SwitchGear
Company NV are among the major air insulated switchgear providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/air-insulated-switchgear-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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