Air Insulated Switchgear Market by Voltage Range, Installation, Application &
The global air insulated switchgear market is projected to grow at a CAGR of 4.68% from 2017 to 2022, to reach a market size of USD 8.41 Billion by 2022. This growth is attributed to increasing investments in T&D infrastructure and low capital investment
(EMAILWIRE.COM, November 10, 2017 ) The report "Air Insulated Switchgear Market by Voltage Range (3 kV–36 kV and >36 kV), Installation (Indoor and Outdoor), Application (Transmission & Distribution, Manufacturing & Processing, and Infrastructure & Transportation), and Region - Global Forecast to 2022", The air insulated switchgear market is expected to grow from an estimated USD 6.69 Billion in 2017 to USD 8.41 Billion by 2022, at a CAGR of 4.68% from 2017 to 2022. The global market is set to witness significant growth, due to the increasing expenditure in electrical network and low capital investment of air insulated switchgear.
Browse 63 market data tables and 52 figures spread through 152 pages and in-depth TOC on "Air Insulated Switchgear Market by Voltage Range (3 kV–36 kV and >36 kV), Installation (Indoor and Outdoor), Application (Transmission & Distribution, Manufacturing & Processing, and Infrastructure & Transportation), and Region - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/air-insulated-switchgear-market-79980057.html
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The 3 kV–36 kV segment is expected to hold the largest share of the air insulated switchgear market, by voltage range, during the forecast period
The 3 kV–36 kV segment led the air insulated switchgear market in 2016 and is expected to grow at the fastest rate during the forecast period, owing to the increasing demand of air insulated switchgear in medium voltage applications. These air insulated switchgear are majorly used for applications such as power generation, infrastructure & transportation, manufacturing & processing, and distribution sector. This segment is expected to create new revenue pockets for the air insulated switchgear market during the forecast period.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=79980057
Transmission & distribution to be the fastest growing application segment in the air insulated switchgear market
With regard to the application segment, transmission & distribution segment is expected to be the fastest growing market from 2017 to 2022. The growth in demand for the reliable delivery of electric power has led to an increase in investment in the transmission & distribution infrastructure, thereby resulting in demand for AIS. Moreover, the rise in energy consumption and electric network expansion projects can further boost the market in transmission & distribution segment.
Asia-Pacific: The fastest growing market for air insulated switchgear
In this report, the air insulated switchgear market has been analyzed with respect to six regions, namely, Asia-Pacific, Europe, North America, the Middle East, South America, and Africa. Asia-Pacific is expected to dominate the global air insulated switchgear market, owing to increasing expenditure in T&D networks and presence of manufacturing facilities in the region. China is expected to dominate the air insulated switchgear market in the Asia-Pacific region.
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the air insulated switchgear market. These players include ABB Ltd. (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), General Electric Company (U.S.), and Eaton Corporation PLC (Ireland). Leading players are trying to penetrate the markets in developing economies, and are adopting various strategies to increase their market share.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Browse 63 market data tables and 52 figures spread through 152 pages and in-depth TOC on "Air Insulated Switchgear Market by Voltage Range (3 kV–36 kV and >36 kV), Installation (Indoor and Outdoor), Application (Transmission & Distribution, Manufacturing & Processing, and Infrastructure & Transportation), and Region - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/air-insulated-switchgear-market-79980057.html
Early buyers will receive 10% customization on reports.
The 3 kV–36 kV segment is expected to hold the largest share of the air insulated switchgear market, by voltage range, during the forecast period
The 3 kV–36 kV segment led the air insulated switchgear market in 2016 and is expected to grow at the fastest rate during the forecast period, owing to the increasing demand of air insulated switchgear in medium voltage applications. These air insulated switchgear are majorly used for applications such as power generation, infrastructure & transportation, manufacturing & processing, and distribution sector. This segment is expected to create new revenue pockets for the air insulated switchgear market during the forecast period.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=79980057
Transmission & distribution to be the fastest growing application segment in the air insulated switchgear market
With regard to the application segment, transmission & distribution segment is expected to be the fastest growing market from 2017 to 2022. The growth in demand for the reliable delivery of electric power has led to an increase in investment in the transmission & distribution infrastructure, thereby resulting in demand for AIS. Moreover, the rise in energy consumption and electric network expansion projects can further boost the market in transmission & distribution segment.
Asia-Pacific: The fastest growing market for air insulated switchgear
In this report, the air insulated switchgear market has been analyzed with respect to six regions, namely, Asia-Pacific, Europe, North America, the Middle East, South America, and Africa. Asia-Pacific is expected to dominate the global air insulated switchgear market, owing to increasing expenditure in T&D networks and presence of manufacturing facilities in the region. China is expected to dominate the air insulated switchgear market in the Asia-Pacific region.
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the air insulated switchgear market. These players include ABB Ltd. (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), General Electric Company (U.S.), and Eaton Corporation PLC (Ireland). Leading players are trying to penetrate the markets in developing economies, and are adopting various strategies to increase their market share.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results