DUBLIN--(BUSINESS WIRE)--Sep 3, 2018--The “Global Switchgear Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global switchgear market to grow at a CAGR of 7.58% during the period 2018-2022.
Global Switchgear Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated by the sale of low and medium voltage switchgear and high voltage switchgear.
According to the report, one of the major drivers for this market is the rise in building construction activities. On one hand, the advanced economies are looking forward to improving their existing infrastructure and on the other hand, emerging economies are also witnessing continuously improving construction industry, in turn, boosting the switchgear market growth over the predicted period.
The latest trend gaining momentum in the market is the development of HVDC circuit breakers and relays in switchgear. HVDC transmission is generally preferred in regions where power needs to be transmitted over long distances, from generating station to end-user. As a result, the demand for switchgear is expected to increase considerably in the forthcoming years.
Further, the report states that one of the major factors hindering the growth of this market is the volatility in raw material prices. Vendors are trying to recover the instability of the cost of metals and other raw materials including fuel and energy.
Key vendorsABB Mitsubishi Electric Schneider Electric Siemens TOSHIBA
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING 2017-2022
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY VOLTAGE LEVELComparison by voltage level Low and medium voltage High voltage Market opportunity by voltage level
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY INSULATION TYPEAIS GIS
PART 10: REGIONAL LANDSCAPERegional comparison Key leading countries Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDSIncrease in strategic alliance Development of HVDC circuit breakers and relays in switchgear Growth of smart electricity grid infrastructure
PART 14: VENDOR LANDSCAPEOverview Landscape disruption
PART 15: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors
For more information about this report, visit https://www.researchandmarkets.com/research/3hwttj/global_switchgear?w=4.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180903005237/en/
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Related Topics:Electrical Switches
INDUSTRY KEYWORD: ENERGY UTILITIES TECHNOLOGY HARDWARE SEMICONDUCTOR
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/03/2018 11:49 AM/DISC: 09/03/2018 11:49 AM