According to a research report "Switchgear Market by Insulation (Gas-insulated, Air-insulated), Installation (Indoor, Outdoor), Current (AC, DC), Voltage (Low (up to 1 kV), Medium (2-36 kV), High (Above 36 kV), End User and Region - Global Forecast to 2028" published by MarketsandMarkets, the market size for switchgear is projected to reach approximately USD 119.9 billion... Continue Reading →
Global Switchgear Market Overview: The recent switchgear market study, case studies on Covid-19 impact, offers insights into the current growth dynamics, major revenue reforms, and forecasts for 2020-2025. The Switchgear Market report is a comprehensive documentation of the industry trends and aims to educate the readers about competitive scenario and regional business dynamics. The demand... Continue Reading →
The global switchgear market is projected to reach USD 88.5 billion by 2025 from an estimated USD 67.5 billion in 2020, at a post COVID-19 CAGR of 5.5% during the forecast period. Replacement of aging power infeastructure along with growing investments in renewable energy is expected to drive the switchgear market. Furthermore, revival of investments... Continue Reading →
According to the new market research report "Switchgear Market by Insulation (Gas Insulated, Air Insulated), By Installation (Indoor, Outdoor) By End-Users (T&D Utilities, Industries, Commercial & Residential, Others), By Voltage (Low, Medium, High), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Switchgear Market size will grow to USD 88.5 billion by 2025... Continue Reading →
According to the new market research report "Gas-insulated Switchgear Market by Voltage Rating, Insulation Type, Installation (Indoor, Outdoor), End User (Transmission Utility, Distribution Utility, Generation Utility, Railways & Metros, Industry & OEM), and Region - Global Forecast to 2025",published by MarketsandMarkets™, is projected to grow from USD 16.9 billion in 2020 to USD 26.5 billion... Continue Reading →
The switchgear market is expected to grow from an estimated USD 88.71 Billion in 2017 to USD 125.10 Billion by 2022, at a CAGR of 7.12%, from 2017 to 2022. The global market is set to witness a significant growth due to the continued growth of construction and developmental activities, increasing access to electricity, and... Continue Reading →
According to the market report published by MarketsandMarkets™, "Switchgear Market by Voltage (< 1 KV, 1–36 KV, 36–72.5 KV, > 72.5 KV), End-User (Transmission & Distribution Utilities and Manufacturing & Process Industries), Equipment (Gas Insulated, Air Insulated, and Circuit Breakers) - Global Forecast to 2022", The switchgear market is expected to grow from an estimated... Continue Reading →
The switchgear market is expected to grow at a CAGR of 7.12%, from 2017 to 2022, to reach a market size of USD 125.10 billion by 2022. Continuous growth of construction and development activities, increasing access to electricity in developing countries, and growth in renewable power generation projects are the major factors driving the market.... Continue Reading →
The switchgear market is expected to grow from an estimated USD 88.71 Billion in 2017 to USD 125.10 Billion by 2022, at a CAGR of 7.12%, from 2017 to 2022. The global market is set to witness a significant growth due to the continued growth of construction and developmental activities, increasing access to electricity, and... Continue Reading →
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