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Switchgear Market by Type (High, Medium, and Low Voltage) and by Application (Industries, Utilities, Transportation and Power Generation) - Global Trends and Forecasts to 2019NEW YORK, Feb. 2, 2015 /PRNewswire/ -- Switchgear is an integral part of the electric power system. The power sector offers a promising future, with growing demands for electricity following increasing urbanization in the developing nations. Switchgear forms a crucial part in the sector across various segments including power generation, transmission and distribution, and equipment protection. Switchgear is employed to minimize electric failures and mitigate aftereffects of fault currents that flow through the circuit. These high-intensity fault currents can damage equipment or devices in the circuit. The switchgear market is also analyzed with respect to Porter's Five Force model. Analysis of the sector's value chain and the various factors affecting the stages of the chain has been tracked to assess and evaluate Five Forces of the Porter's model. The report also describes the competitive landscape of major market players that includes new product developments, mergers and acquisition, facility expansion, agreements and collaborations, and contracts signed. Key developments have been mapped against the market players involved to determine the growth strategies implemented by the leaders within the segment. The report also classifies and defines the value of switchgear and circuit protection industry; the parent market segment for the switchgear. The study provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, and key burning issues in the switchgear market. Scope of the Report: The global switchgear market is analyzed in terms of revenue ($billion) for the following types, product categories, applications, and regions. By Type • High Voltage • Medium Voltage • Low Voltage By Application • Utilities • Industries • Residential • Others including Transportation and Power generation By Region • North America • Europe • Asia-Pacific • The Middle East • South and Central America • Africa Read the full report: http://www.reportlinker.com/p02621263-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/switchgear-market-by-type-high-medium-and-low-voltage-and-by-application-industries-utilities-transportation-and-power-generation--global-trends-and-forecasts-to-2019-300029446.html SOURCE Reportlinker |