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Global Switchgear (Industries, Utilities, Transportation and Power Generation) Market - Trends and Forecasts to 2019DUBLIN, Jan. 22, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/qvl4lq/switchgear_market) has announced the addition of the "Switchgear Market by Type and by Application - Global Trends and Forecasts to 2019" report to their offering. Switchgear is used by utilities companies and industries to protect expensive instruments and equipment in power network systems. Switchgear performs the function of carrying, making and breaking the normal load current like a switch and performs fault correction under abnormal operational conditions. Asia-Pacific holds major market share followed by North America & Europe. In terms of individual countries, the market is dominated by China on account of extensive electrical infrastructure up gradation and new transmission and distribution lines being installed. China alone holds more than 15% of the global Switchgear market. Rapid growth in the BRIC nations' economies is expected to be the major driving factor for development in these nations. Switchgears are expected to be used extensively in the new electrical transmission and distribution networks which are expected to ensure minimum losses and uninterrupted power supply. Utilities hold major market share as Switchgear is used extensively by utilities companies. North America and Europe currently have market for grid modernization and replacement of old installations. Along with the capacity enhancement trending world-wide, the investments in the offshore wind farms are expected to drive the market. Key Topics Covered: 1. Introduction 2. Research Methodology 3. Executive Summary 4. Premium Insights 5. Market Overview 6.Industry Trends 7.Global SG Market by Type 8.Global SG Market by Application 9.Global SG Market, By Geography 10. Competitive Landscape 11. Company Profiles Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/qvl4lq/switchgear_market Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-switchgear-industries-utilities-transportation-and-power-generation-market---trends-and-forecasts-to-2019-300024402.html SOURCE Research and Markets |