Increase in Electricity Demand Expected to Drive Global Medium Switchgear Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Medium voltage switchgear market comprises of sales of medium voltage switchgear & related services that manufacture the medium voltage switchgear which are electrical switchgear rated between 2KV and 36KV. Medium voltage switchgear is a combination of electrical switches, fuses/circuit breakers used to function, secure and separate electrical equipment. It is used for providing protection to different electric motor control systems that installed in different end user segments. According to study, “Medium Voltage Switchgear Global Market Report 2020-30: Covid 19 Impact and Recovery” the key companies operating in the global medium switchgear market are General Electric, Eaton Corporation plc, Schneider Electric SE, ABB, Siemens AG, Larsen & Toubro, Ltd., CG Power and Industrial Solutions Limited, Mitsubishi Electric Corporation, Alstom SA, Hitachi, Ltd., Hawker Siddeley Switchgear Ltd., Elektrobudowa SA GROUP, Hyosung Corporation, Efacec Power Solutions S.G.P.S. S.A., and Toshiba Corporation. Technological collaborations, application focused Research & Development (R&D), and product assortments have been the key strategic inferences as followed by the leading industry players. Based on component type, medium switchgear market is segmented as circuit breakers, switches & disconnector, contactors, fuses and others. Based on insulation, market is segmented as gas insulated switchgear, air insulated switchgear, oil insulated switchgear, vacuum insulated switchgear and others. Based on installation, market is segmented as outdoor and indoor. Based on enclosure, market is segmented as metal and non metal. Based on voltage, market is segmented as 3 kV to 9 kV, > 9 kV to 15 kV, > 15 kV to 21 kV, > 21 kV to 27 kV, > 27 kV to 33 kV, > 33 kV. The demand for 3kV to 5 kV switchgears is likely to increase at an exponential rate owing to rise in usage in electrification in residential, commercial, and other real estate projects during the forecast period. Based on end-use, market is segmented as power stations, local electricity supply, transformer substations and others. In addition, based on application, market is segmented as residential, commercial (hospitality, offices, healthcare, retail and education) industrial (power, railways, arc furnace, oil & gas and manufacturing & processing industries), utility and others. The medium switchgear market is driven by rise in peak load demand, followed by increase in electricity demand, expansion of micro-grid networks, integration of a sustainable energy infrastructure and increase in grid stability & security of supply concerns. However, high dependency on imports and slow paced technological evolution across developing regions may impact the market. Based on geography, the Asian-Pacific region dominates the global medium switchgear market owing to increase in initiation of smart grid initiatives by several governments in the region. The European and North-American regions are estimated to witness higher growth rate due to rise in demand for electrification over the forecast period. It is anticipated that future of the global market will be bright as a result of huge investment for upgrading power transmission and distribution systems during the forecast period. The global medium voltage switchgear market was valued at US $20.58 billion in 2019 and it is predictable to grow at a compound annual growth rate (CAGR) of 10.89% and reach US $31.12 billion by 2023. For More Information, Click on the Link Below:- Global Medium Switchgear Market Related Reports:- Global Medium Voltage Switchgears Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023 Global Medium Voltage Switchgears Market Analysis 2013-2018 and Forecast 2019-2024 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Air Insulated Switchgears Market, Asia-Pacific Medium Voltage Switchgear Market, Australia Medium Voltage Switchgear Market, China Medium Voltage Switchgear Market, Covid-19 Impact Global Medium Switchgear Industry, Covid-19 Impact Global Medium Switchgear Market, Gas Insulated Switchgears Market, Global Medium Switchgear Industry, Global Medium Switchgear Industry Research, Global Medium Switchgear Industry Research Report, Global Medium Switchgear Market, Global Medium Switchgear Market Growth, Global Medium Switchgear Market Research, Global Medium Switchgear Market Research Report, Hyundai Heavy Industries Medium Voltage Switchgear Market Share, India Medium Voltage Switchgear Market, Industry Research Report of Global Medium Switchgear, Japan Medium Voltage Switchgear Market, Market Research Report of Global Medium Switchgear, Medium Switchgear Market, Medium Switchgear Market Analysis, Medium Switchgear Market Forecast, Medium Switchgear Market Future Outlook, Medium Switchgear Market Overview, Medium Switchgear Market Revenue, Medium Switchgear Market Share, Medium Switchgear Market Size, Medium Switchgear Market Trends, Medium Voltage Switchgear Indoor Market, Medium Voltage Switchgear Manufacturers Market, Medium Voltage Switchgear Market Competitive Landscape, Medium Voltage Switchgear Market Segmentation, Medium Voltage Switchgear Outdoor Market, Medium Voltage Switchgear Panels Market, Mitsubishi Medium Voltage Switchgear Market Revenue, Schneider Electric SE Medium Voltage Switchgear Market Share, Siemens AG Medium Voltage Switchgear Market Revenue