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Pad-Mounted Switchgear Market by Type, by Voltage Rating, by Application & by Region - Global Trends & Forecast to 2020NEW YORK, Nov. 16, 2015 /PRNewswire/ -- Pad-mounted switchgear market is expected to reach a value of USD 6.3 billion by 2020, at a CAGR of 9.1% during 2015-2020. Increasing T&S infrastructure investments along with the rising trend towards placing electrical lines underground is driving the demand for pad-mounted switchgears across the world. Pad-mounted switchgear is considered to be a vital protection component in present day underground distribution networks which are more reliable as compared to overhead lines. North America and Europe are investing heavily towards upgrade of their aging T&D infrastructure. Globally all countries are moving towards adopting underground distribution networks as they are less susceptible to lightning and have low maintenance costs. Breakdown of Primaries: Interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts to obtain & verify critical qualitative and quantitative information as well as assess future market prospects. Distribution of primary interviews is as follows By Company Type: Tier 1- 40%, Tier2-35%, and Tier 3-25% By Designation: C-Level-55%, Manager Level-45%, By Region: North America-20%, Europe-10%, Asia-Pacific-40%, and RoW-30% The tier of the companies is defined on the basis of their total revenue, as of 2013: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion and Tier 3 = Some of the key players in the industry have been profiled with their recent developments and other strategic activities. These include Eaton Corporation plc (Ireland), G&W Electric (U.S.), Federal Pacific (U.S.), Hubbel Incorporated (U.S.), and S&C Electric Company (U.S.) among others. Why buy this report? 1. The report identifies and addresses key markets for pad-mounted switchgears which is useful for suppliers and OEMs to review production and distribution plans 2. The report includes analysis for key countries by application of pad-mounted switchgears, i.e. industrial, commercial, and residential. It analyses historical trends and also forecast for 2020 assisting in strategic decision making 3. It also presents competition by analyzing recent market developments such as key contracts, expansions, and new product launches from the key global market players. It helps understand the competition strategies and plan respective initiatives Read the full report: http://www.reportlinker.com/p03377272-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds 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/pad-mounted-switchgear-market-by-type-by-voltage-rating-by-application--by-region---global-trends--forecast-to-2020-300179299.html SOURCE Reportlinker 
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