TMCnet News

Global Switchgear Market 2015
[August 18, 2015]

Global Switchgear Market 2015


NEW YORK, Aug. 18, 2015 /PRNewswire/ -- A switchgear is a combination of devices designed to control, regulate, meter and protect electric generation, transmission and distribution equipment, and electric motor control systems. The global market for switchgears is anticipated to do well in the coming times as demand is likely to be driven by medium and high voltage types of switchgears. Revenues in the switchgears market are closely tied with the demand for transformers, therefore, any increase in demand for transformers will lead to a rise in demand for switchgears and vice versa.

The global gas insulated switchgear market is expected to show impressive growth in the future. The market for switchgears will continue to evolve globally, led mainly by escalating demand for renewable sources of energy, growth in construction and industrial sectors especially in developing countries, and government efforts to upgrade and modernize electricity transmission and distribution systems. Although environmental regulations offer scope for expansion, volatile oil prices, rising raw material prices, and restricted flow of investments in the electricity sector act as immediate stumbling blocks.

Rising investment in alternative sources of energy is expected to contribute to the growth of Medium Voltage and Low Voltage switchgears used for switching and general protection. Moreover, this application area will also trigger demand for miniature circuit breakers (MCB) and molded case circuit breaker (MCCB).

Key players reigning over the global switchgears marketplace include ABB Ltd, AREVA T&D, Eaton Corporation, General Electric Company, Mitsubishi Electric Corporation, Powell Industries Inc., Siemens AG, Schneider Electric SA, amongst others.

Against a backdrop of tough economic climate, corporate success will critically hinge upon the ability to research and develop new innovative products at competitive prices and validate new applications for existing products to distinguish themselves from that of competitors. Several technological developments such as arc-resistant technology and magnetic actuation have been undertaken by various original equipment manufacturers (OEMs) focusing on enhancing the reliability and efficiency of switchgear equipment. Growth in switchgears will also be sustained by government directives to replace older redundant systems to achieve operational safety, and security in industrial establishments.

In this industry scenario, Taiyou Research analyzes the Global Switchgear Industry in its latest research offering. The report, divided into seven chapters, analyzes the global switchgear market through in-depth analysis of the major regions as well as through three major segments of the market, that is, the high voltage switchgear market, the medium voltage switchgear market, and the low voltage switchgear market.

Chapter 1 of the report analyzes the global switchgear market, and it covers the following:

- An in-depth industry definition, defining not only the global switchgear market, but also high voltage switchgear, medium voltage switchgear, and low voltage switchgear.

- The market size and market profile of the global switchgear market.

- Factors impacting the global switchgear market such as the aging power transmission and distribution equipments in many countries, the increase in capital spending as well as the increase in electricity generation worldwide.

- Challenges facing the global switchgear market such as the global economic recession, the increase in the cost of raw materials for switchgears, the impact of price-based competition, and many other issues.

Chapter 2 of the report analyzes the Switchgear Market in Asia Pacific. The section covers the follwing:




- An analysis of the switchgear market in Asia Pacific through a market profile, factors impacting the market and challenges facing the industry. Impacts on the industry analyzed include factors such as T&D reform programs in many Asia Pacific countries, the replacement of aging infrastructure, and the important role China has to play in the industry. Issues facing the industry include factors such as macroeconomic issues, fierce price competition, and many others.

The Switchgear Market in Australia is analyzed through the following:


- An analysis of the market profile and market size, including a look at the industry costing patterns.

- An analysis of the Australian market for high voltage switchgears, medium voltage switchgears, and low voltage switchgears. For all the three segments, we analyze a market profile, the major players and their market shares.

- An analysis of the distribution channels through which switchgears in Australia are marketed.

The Switchgear Market in China is analyzed through the following:

- An analysis of the market profile and market size, including a look at the industry costing patterns and the investment by the Chinese Government into the country's power industry.

- An analysis of the Chinese market for high voltage switchgears, medium voltage switchgears, and low voltage switchgears. For all the three segments, we analyze a market profile, the major players and their market shares, and a look at the market trends.

- An analysis of the distribution channels through which switchgears in China are marketed.

The Switchgear Market in India is analyzed through the following:

- An analysis of the market profile and market size, including a look at the industry costing patterns.

- An analysis of the Indian market for high voltage switchgears, medium voltage switchgears, and low voltage switchgears. For all the three segments, we analyze a market profile, the major players and their market shares.

- An analysis of the distribution channels through which switchgears in India are marketed.

Chapter 3 of the report analyzes the Switchgear Market in North America. The section covers the following:

- An analysis of the switchgear market in North America through a market profile, factors impacting the market and challenges facing the industry. Impacts on the industry analyzed include factors such as the replacement of aging infrastructure, the expected growth in the economy in this region, and the growth in urban density. Issues facing the industry include factors such as macroeconomic issues, the financial condition of utilities in the region, regulatory uncertainties, and many others.

The Switchgear Market in Canada is analyzed through the following:

- An analysis of the market profile and industry trends.

- An analysis of the Canadian market for high voltage switchgears, medium voltage switchgears, and low voltage switchgears. For all the three segments, we analyze a market profile, the major players and their market shares.

- An analysis of the distribution channels through which switchgears in Canada are marketed.

The Switchgear Market in the US is analyzed through the following:

- An analysis of the market statistics.

- An analysis of the US market for high voltage switchgears, medium voltage switchgears, and low voltage switchgears. For all the three segments, we analyze a market profile, the major players and their market shares, and a look at the market trends.

- An analysis of the distribution channels through which switchgears in the US are marketed.

Chapter 4 of the report analyzes the Switchgear Market in Europe. The section covers the following:

- An analysis of the switchgear Market in Europe through a market profile, factors impacting the market and challenges facing the industry. Impacts on the industry analyzed include factors such as the emergence of the Smart Grid in Europe, the growth in generation from renewable sources, and the concept of total grid automation. Issues facing the industry include factors such as macroeconomic issues, the high cost of raw materials, fierce market competition, and many others.

The Switchgear Market in Germany is analyzed through the following:

- An analysis of the market profile and industry trends.

- An analysis of the German market for high voltage switchgears, medium voltage switchgears, and low voltage switchgears. For all the three segments, we analyze a market profile, the major players and their market shares.

- An analysis of the distribution channels through which switchgears in Germany are marketed.

The Switchgear Market in Italy is analyzed through the following:

- An analysis of the market statistics.

- An analysis of the Italian market for high voltage switchgears, medium voltage switchgears, and low voltage switchgears. For all the three segments, we analyze a market profile, the major players and their market shares.

- An analysis of the distribution channels through which switchgears in Italy are marketed.

In Chapter 5 of the report, we include the industry forecast for the Global Switchgear Market. Outlook for each region covered in this report is included, that is, Switchgear Market in Asia Pacific, Europe, North America, and for the Rest of the World.

Chapter 6 of the report analyzes the major industry players through a company overview, and analysis of the business segments they operate through, a financial analysis and a SWOT analysis. We analyze the leading 20 players in the industry including ABB, Alstom, AREVA, Siemens, Schneider Electric, GE, and many others.

Chapter 7, the conclusion of the report, includes a glossary of terms, major abbreviations used the report are explained, and a research methodology.

Read the full report: http://www.reportlinker.com/p02855274-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/global-switchgear-market-2015-300130071.html

SOURCE Reportlinker


[ Back To TMCnet.com's Homepage ]