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USA – CANADA – UK – CHINA – INDIA
Global Switchgear Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Global Switchgear Market 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “There is an increasing demand for renovation and expansion of electricity transmission and distribution infrastructure, especially in developing nations such as China and India. The demand for electricity is driven by ongoing industrialization in countries such as India, Japan, Brazil, Taiwan, Russia, and China. This drives the demand for expanding the existing transmission and distribution networks. The existing networks are geared with components that are age-old and require immediate replacement.”
• The use of switchgears enables the continuous transfer of electric current and protection against current overload, short circuit, and insulation failure. It provides safe isolation from current-driven parts and modifies a load-carrying system at each level of installation. Switchgears are divided into three types based on load-bearing capacity: low-voltage switchgears, medium-voltage switchgears, and high-voltage switchgears.
•Technavio’s analysts forecast the global switchgear market to grow at a CAGR of 10.71% over the period 2015-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Switchgear Market 2015-2019
USA – CANADA – UK – CHINA – INDIA
USA – CANADA – UK – CHINA – INDIA
Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Global Switchgear Market 2015-2019
ABB
Alstom Grid
General Electric
ABB is one of the world's largest conglomerates. It offers power and automation technologies for utility and industrial customers. Its products include switchgears, circuit breakers, capacitors, sensors, motor control centers, integrated power and automation solutions, programmable logic controllers, robots and robotics, solar inverters, and wind converters.
Alstom Grid is a subsidiary of Alstom, a global leader in rail infrastructure, power generation, and power transmission. The company is specialized in designing, manufacturing, and installing high- and medium-voltage products (circuit breakers, disconnectors, bushings) that serve the Utility, Oil and Gas, and Metals and Mining industries.
General Electric was established in1892 and is headquartered in Fairfield, Connecticut, US. It offers infrastructure, healthcare, and financial services.
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Market Landscape
• The demand is mainly fueled by the growing urbanization and industrialization happening across the world, especially in the BRIC nations.
• Consumers need a reliable and uninterrupted power supply to operate various day-to-day electrical as well as electronic appliances.
• Reliability is ensured through proper functioning of the overall electric network.
• Not only the power utilities, but also various industrial and commercial end-users install switchgears inside their premises.
• Hence the market can be expected to grow at a robust pace during the forecast period.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service
Support
Parameter Details
High Accuracy
Advanced features and functionalities of switchgear ensure accuracy in performance.
Cost of Ownership Switchgear vendors should provide products at minimal costs.
Reliability Switchgears should be able to perform operations consistently.
Service and Support Switchgear vendors should provide service and maintenance support.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Switchgear Market 2015-2019
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