공기 절연 중전압 스위치기어 시장 기회, 성장 촉진요인, 산업 동향 분석, 예측(2025-2034년)

The Global Air Insulated Medium Voltage Switchgear Market was valued at USD 5.8 billion in 2024 and is expected to grow at a CAGR of 7.5% from 2025 to 2034. This growth is driven by the increasing need for reliable power distribution across various sectors, including industrial, commercial, and residential. AIS is particularly favored for its durable and cost-efficient design, making it ideal for applications where space and budget are limited. The rising demand for energy-efficient systems and infrastructure upgrades, especially in developing markets, further supports the market's expansion.

Additionally, the shift toward renewable energy sources, such as wind and solar power, is driving the need for medium voltage switchgear to facilitate power integration into existing grids. Technological innovations in AIS, such as improved safety features and enhanced automation, are attracting customers seeking advanced solutions. Moreover, the growth of urbanization, ongoing infrastructure development, and government initiatives aimed at enhancing electrical grids and reducing carbon emissions are expected to accelerate the adoption of AIS across multiple industries.

Among the different voltage categories, the segment for voltages ranging from >= 21 kV to < 27 kV is projected to exceed USD 2.8 billion by 2034. This surge is fueled by the increasing demand for a dependable power supply in industrial facilities and urban infrastructure. These applications require medium voltage solutions for efficient grid management, protection of equipment, and smooth power distribution, making this voltage range particularly essential for modern power networks.

In terms of components, the circuit breaker segment is set to grow at a CAGR of over 6.8% during the forecast period. Circuit breakers are crucial for safeguarding electrical systems from faults, overloads, and short circuits. As industries expand and infrastructure projects scale up, the need for reliable protection systems grows. The rising frequency of electrical faults in grids and industrial setups drives the demand for high-quality circuit breakers in AIS systems, ensuring safety and system integrity.

The AIS market in the U.S. is also anticipated to surpass USD 2 billion by 2034. This is due to significant investments in upgrading and modernizing aging electrical infrastructure to meet rising electricity demands. As outdated grid systems are replaced or enhanced, the need for efficient, reliable, and space-saving AIS systems becomes more critical, further propelling market growth. The expansion of urban areas and industrial sectors in the U.S. continues to drive demand for medium voltage power distribution systems, supporting the market's growth trajectory.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market definitions
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid
    • 1.4.2.2 Public

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021 - 2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Regulatory landscape
• 3.3 Industry impact forces
  • 3.3.1 Growth drivers
  • 3.3.2 Industry pitfalls & challenges
• 3.4 Growth potential analysis
• 3.5 Porter's analysis
  • 3.5.1 Bargaining power of suppliers
  • 3.5.2 Bargaining power of buyers
  • 3.5.3 Threat of new entrants
  • 3.5.4 Threat of substitutes
• 3.6 PESTEL analysis

Chapter 4 Competitive landscape, 2024

• 4.1 Strategic dashboard
• 4.2 Innovation & sustainability landscape

Chapter 5 Market Size and Forecast, By Voltage, 2021 - 2034 (USD Million, '000 Units)

• 5.1 Key trends
• 5.2 >= 3 kV to < 9 kV
• 5.3 >= 9 kV to < 15 kV
• 5.4 >= 15 kV to < 21 kV
• 5.5 >= 21 kV to < 27 kV
• 5.6 >= 27 kV to < 33 kV
• 5.7 >= 33 kV

Chapter 6 Market Size and Forecast, By Component, 2021 - 2034 (USD Million, '000 Units)

• 6.1 Key trends
• 6.2 Circuit breakers
• 6.3 Contactors
• 6.4 Switches & disconnector
• 6.5 Fuses
• 6.6 Others

Chapter 7 Market Size and Forecast, By End Use, 2021 - 2034 (USD Million, '000 Units)

• 7.1 Key trends
• 7.2 Power stations
• 7.3 Transformer substations
• 7.4 Local electricity supply
• 7.5 Others

Chapter 8 Market Size and Forecast, By Application, 2021 - 2034 (USD Million, '000 Units)

• 8.1 Key trends
• 8.2 Residential
• 8.3 Commercial
• 8.4 Industrial
• 8.5 Utility

Chapter 9 Market Size and Forecast, By Region, 2021 - 2034 (USD Million, '000 Units)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 UK
  • 9.3.2 France
  • 9.3.3 Germany
  • 9.3.4 Italy
  • 9.3.5 Russia
  • 9.3.6 Spain
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 Australia
  • 9.4.3 India
  • 9.4.4 Japan
  • 9.4.5 South Korea
• 9.5 Middle East & Africa
  • 9.5.1 Saudi Arabia
  • 9.5.2 UAE
  • 9.5.3 Turkey
  • 9.5.4 South Africa
  • 9.5.5 Egypt
• 9.6 Latin America
  • 9.6.1 Brazil
  • 9.6.2 Argentina

Chapter 10 Company Profiles

• 10.1 ABB
• 10.2 Bharat Heavy Electricals
• 10.3 CG Power and Industrial Solutions
• 10.4 E + I Engineering
• 10.5 Eaton
• 10.6 Fuji Electric
• 10.7 General Electric
• 10.8 HD Hyundai Electric
• 10.9 Hitachi
• 10.10 Hyosung Heavy Industries
• 10.11 Lucy Group
• 10.12 Mitsubishi Electric
• 10.13 Ormazabal
• 10.14 Schneider Electric
• 10.15 Siemens
• 10.16 Skema
• 10.17 Toshiba