세계의 가스 절연 개폐장치 시장 : 구성별, 최종사용자별, 설치 장소별, 절연 유형별, 정격 전압별, 지역별 - 예측(-2029년)

The global gas insulated switchgear market is on a growth curve, projected to reach USD 33.53 billion by the end of 2029 in comparison to the estimated USD 24.93 billion in 2024, at a steady CAGR of 6.1% within the forecast period of 2024 to 2029. This continuous growth in the gas insulated switchgear market is closely associated with the incremental increase in global energy demand due to the increased consumption of energy within the recent years and forms the primary catalyst for the rise in the surge of electricity demand. Among the major drivers, the industrial sector is poised to be the biggest driver of the increased demand, although the commercial, service, and residential sectors also play major significant contributions. The vigorous demand for energy sources creates fluctuations of energy supply and demand, bringing about changes in prices in the energy market. This price variability is mainly due to a combination of factors, such as the presence of good economic conditions, enough energy resources, and increased electrical power consumption. Also, there is the concern for energy management focusing on ways in order to properly manage the scenarios found, especially in the development of the Internet of Things (IoT) home and building automation applications. Hence, these factors highlight the urgent demand for gas-insulated switchgear that would facilitate monitoring and optimization of energy usage.

Sulfur hexafluoride (SF6) gas is placed in gas-tight metallic enclosures, where it acts as both an insulating and arc-quenching medium for all components carrying electrical current inside GIS substations. SF6 is non-flammable and does not deteriorate because it is a dry, inert gas. However, SF6 is fluorinated gases and classified as "greenhouse gases" (GHGs) with the highest potential for fueling global warming among all GHGs. Decreased SF6 emissions will hence affect how the Environmental Protection Agency of the United States examines SF6 in that country. This will lead to even stricter restrictions on SF6 use. Most of the regulations that may be applied to SF6 use are concerning the family of chemically similar fluorinated gases known as F-gases. More pronounced stringent regulations of F-gas will have a greater effect on SF6 usage, thereby affecting the market for gas-insulated switchgear.

"16 to 27 kV segment, by voltage rating, to be fastest growing market from 2024 to 2029."

In the electrical infrastructure, GIS with a voltage rating of 16 to 27 kV has been popularized both in the distribution and industrial environment for their compact design, reliable performance, and minimum maintenance requirement. In addition, the increasing environmental concerns about sulfur hexafluoride (SF6), which is the insulator typically used, have garnered significant study over sustainable and more environmentally friendly alternatives for insulation, thus representing a growing industry tendency toward green GIS technology. In addition, according to the International Energy Agency, global energy consumption rose by an impressive 4.6% in 2022. These developments have induced extensive investment in the transmission infrastructure: India, China, the UAE, and Argentina are a few emerging economic giants driving such initiatives. This throws open wide prospects for the growth and consolidation of the market for gas-insulated switchgear in this particular sector.

"SF6 segment, by insulation type, to be the largest market from 2024 to 2029."

Gas-insulated switchgear (GIS) uses sulfur hexafluoride (SF6) gas, which is a dielectric at moderate pressure, for insulation among phases as well as to the ground. All the high-voltage units such as conductors, circuit breaker, switches, voltage transformers, and current transformers are fitted within a metal casing that is full of SF6 gas. SF6-filled GIS systems have an enormous advantage in space-constrained environments where air-insulated systems would have delivered similar insulating attributes in much greater volume. SF6 is a non-toxic, inert, colorless, tasteless, odorless, and non-flammable gas with superior insulating and arcinterruption properties, making it the preferred choice for modern high-voltage circuit interruption, replacing older mediums like oil and air.

"Asia Pacific to be largest and fastest growing region in gas insulated switchgear market."

The Asia Pacific is expected to lead the global market for gas insulated switchgear and is expected to achieve the highest Compound Annual Growth Rate (CAGR) in this region during 2023-2028. This can be attributed to the strong economic development and rapid growth of big Asian economies. Gas insulated switchgear is primarily used among the following end-users: industrial, commercial & institutional, electrical utilities, data centers and aftermarkets. The manufacturing sector in this region is expected to continue its market growth due to lower capital and labor costs. With the increased population both in China and India, the electricity generation requirement is escalating. Clean energy sources are widely adopted to efficiently meet the region's expanding energy requirements. These nations are actively modernizing their aging infrastructure to facilitate the integration of renewable energy sources into the national grid. Subsequently, the demand for gas insulated switchgear for electrical regulation and fault protection is expected to experience rapid growth is pushing the gas insulated switchgear market in Asia Pacific.

Breakdown of Primaries:

In-depth interviews with key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, were conducted to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The primary interviews were distributed as follows:

By Company Type: Tier 1-30%, Tier 2-55%, and Tier 3-15%

By Designation: C-Level-30%, D-Level-20%, and Others-50%

By Region: North America-18%, Europe-8%, Asia Pacific-60%, Middle East & Africa-10%, and South America-4%

Note: "Others" include sales managers, engineers, and regional managers

The tiers of the companies are defined based on their total revenue as of 2023: Tier 1: >USD 1 billion, Tier 2: USD 500 million-1 billion, and Tier 3: <USD 500 million.

The gas insulated switchgear market is largely dominated by well established global players. Major industrial control transformer market participants are ABB (Switzerland), Siemens (Germany), General Electric (US), Schneider Electric (France), Eaton (Ireland), Mitsubishi Electric (Japan), Nissin Electric (Japan), CG Power and Industrial Solutions (India), Fuji Electric (Japan), Powell Industries (US), Hyundai Electric & Energy Systems (South Korea), Hitachi (Japan), and many others.

Research Coverage:

The report provides a comprehensive definition, description, and forecast of the gas insulated switchgear market based on various parameters, including Insulation Type (SF6, SF6 Free), Installation (Indoor, Outdoor), Voltage Rating (Up to 5 kV, 6 to 15 kV, 16 to 27 kV, 28 to 40.5 kV, 40.6 to 73 kV, 74 to 220 kV, Above 220 kV), Configuration (Hybrid, Compact GIS, Integrated Three Phase, Isolated Phase), End-User (Industrial, Commercial & Institutional, Electrical Utilities, Data Centers, Aftermarket), and region (Asia Pacific, North America, Europe, Middle East and Africa, South America). The report provides an in-depth qualitative and quantitative analysis of the gas insulated switchgear market, including detailed thoroughness about the important market drivers, limitations, opportunities, and challenges. It also includes critical elements of the market like a competitive landscape study, market dynamics analysis, value-based market estimates, and future trends of the gas insulated switchgear market.

Key Benefits of Buying the Report

The report has been well-thought out to assist established industry leaders as well as newcomers who are emerging in the gas insulated switchgear market. It offers reliable revenue forecasts for the overall market and its individual sub-segments. This data is helpful for stakeholders as it allows them to gain a comprehensive understanding of the competitive landscape and go on to formulate effective market strategies for the businesses they are involved with. The report also acts as a medium of expression for the stakeholders to understand the prevailing market state. This is achieved by relating the market through the manifest insights that underline market drivers, limitations, challenges, and opportunities for growth. By embedding these insights, stakeholders make well-informed choices and remain updated about the evolving gas insulated switchgear industry dynamics.

• Analysis of key drivers (Adoption of SF6-free solutions, Transition toward Renewable Energy, Enhanced electrical safety and efficiency offered by gas insulated switchgear), restraints (High Procurement Costs affecting the growth of the gas-insulated switchgear, Regulatory restrictions on SF6 gas emissions), opportunities (Increasing urbanization and industrialization, Expansion of Smart Grid Networks), and challenges (Operational Challenges Associated with Gas Insulated Switchgear, Competition from the Unorganized Sector) influencing the growth of the gas insulated switchgear market.
• Product Development/ Innovation: The gas insulated switchgear market is in a constant state of evolution, with a major focus on product development and innovation. Some major industry players such as ABB, Siemens, Schneider Electric, and General Electric are moving ahead with a focus on broadening their product offerings to satisfy changing demands and environmental considerations. With growing environmental concerns related to sulfur hexafluoride (SF6), big strides in research and development are being implemented to usher in the creation and deployment of SF6-free alternatives. The aim is to retain all the performance aspects of SF6 while mitigating its adverse environmental footprint. There is also a marked trend toward increasing the 'intelligence' of gas insulated switchgear by using digital technology and IoT. It will integrate into complete remote monitoring, diagnostics, and even predictive maintenance. All these developments will take the reliability and efficiency to new levels in the equipment. Some other important developments in the market are hybrid gas insulated switchgears. Such switchgears combine the advantages of both gas and solid insulation. This offers an innovative solution toward higher reliability while simultaneously reducing environmental impact.
• Market Development: The gas insulated switchgear market is witnessing tremendous growth and evolution under the impetus of different factors. The thirst for electricity, primarily to satisfy global energy consumption trends, has led to the increasing renewable energy capacity; this has necessitated efficient and reliable distribution power solutions, where gas insulated switchgear is a clear favorite. It is compact in size and has fewer maintenance requirements, making it a more desirable choice for applications in constrained spaces. Besides, the eco-friendly types of insulating gases are increasing rapidly while trying to overcome the environmental issues created by sulfur hexafluoride (SF6). Moreover, the growth in the transmission infrastructure, especially in fast-developing economies, where enormous generation, distribution, and integration of clean energy sources are required to power escalated electricity needs. This market is poised for significant growth, especially in the Asia Pacific region, and is also responsive to new trends in energy as well as environmental issues.
• Market Diversification: As there are many diversifying factors, the gas insulated switchgear market is highly diversified. The market players are now focusing on developing and adopting environment-friendly, SF6-free insulation alternatives for environmental concerns. Thus, the market is diversifying across various kinds of insulations, ranging from traditional SF6 types to newer, emerging SF6-free options. Also, there is installation diversity as both indoor and outdoor GIS systems are establishing an increasing presence to cater to diverse application requirements. Voltage ratings are expanding to meet the range of diverse electrical infrastructure requirements. Configuration choices, such as hybrid, compact GIS, and isolated phase designs, offer end users diversity. This further diversification across the various end-user sectors-from industrial to commercial, institutional, electrical utilities, data centers, and aftermarket-strongly reflects the widespread utility of gas-insulated switchgear across divergent industries. Market diversification reflects industry efforts in response to evolving demands, sustainability objectives, and technological advancements.
• Competitive Assessment: A detailed analysis was carried out to examine the market penetration, growth patterns, and service offering of major players in the gas-insulated switchgear market. Key companies involved are: Eaton (Ireland), ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Hitachi Ltd. (Japan), and many more. This analysis provides in-depth insights into the competitive position of the major players, approaches they apply to drive market growth, and services offered within the gas insulated switchgear segment.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 MARKETS COVERED
  • 1.3.2 YEARS CONSIDERED
  • 1.3.3 INCLUSIONS AND EXCLUSIONS
    • 1.3.3.1 Gas-insulated switchgear market: Inclusions and exclusions, by installation
    • 1.3.3.2 Gas-insulated switchgear market: Inclusions and exclusions, by insulation type
    • 1.3.3.3 Gas-insulated switchgear market: Inclusions and exclusions, by voltage rating
    • 1.3.3.4 Gas-insulated switchgear market: Inclusions and exclusions, by configuration
    • 1.3.3.5 Gas-insulated switchgear market: Inclusions and exclusions, by end user
    • 1.3.3.6 Gas-insulated switchgear market: Inclusions and exclusions, by region
• 1.4 CURRENCY CONSIDERED
• 1.5 UNITS CONSIDERED
• 1.6 LIMITATIONS
• 1.7 STAKEHOLDERS
• 1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
  • 2.1.1 SECONDARY DATA
    • 2.1.1.1 Key data from secondary sources
  • 2.1.2 PRIMARY DATA
    • 2.1.2.1 List of primary interview participants
    • 2.1.2.2 Key industry insights
    • 2.1.2.3 Key data from primary sources
    • 2.1.2.4 Breakdown of primaries
• 2.2 MARKET SIZE ESTIMATION METHODOLOGY
  • 2.2.1 BOTTOM-UP APPROACH
    • 2.2.1.1 Regional analysis
    • 2.2.1.2 Country-level analysis
    • 2.2.1.3 Demand-side assumptions
    • 2.2.1.4 Demand-side calculations
  • 2.2.2 TOP-DOWN APPROACH
    • 2.2.2.1 Supply-side assumptions
    • 2.2.2.2 Supply-side calculations
• 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
• 2.4 FORECAST
• 2.5 RESEARCH ASSUMPTIONS
• 2.6 RISK ANALYSIS
• 2.7 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN GAS-INSULATED SWITCHGEAR MARKET
• 4.2 GAS-INSULATED SWITCHGEAR MARKET, BY REGION
• 4.3 GAS-INSULATED SWITCHGEAR MARKET IN ASIA PACIFIC, BY INSTALLATION AND COUNTRY, 2023
• 4.4 GAS-INSULATED SWITCHGEAR MARKET, BY INSTALLATION
• 4.5 GAS-INSULATED SWITCHGEAR MARKET, BY INSULATION TYPE
• 4.6 GAS-INSULATED SWITCHGEAR MARKET, BY VOLTAGE RATING
• 4.7 GAS-INSULATED SWITCHGEAR MARKET, BY CONFIGURATION
• 4.8 GAS-INSULATED SWITCHGEAR MARKET, BY END USER

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Adoption of SF6-free solutions
    • 5.2.1.2 Transition toward renewable energy
    • 5.2.1.3 Enhanced electrical safety and efficiency
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 High procurement costs
    • 5.2.2.2 Regulatory restrictions on SF6 gas emissions
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Increasing urbanization and industrialization
    • 5.2.3.2 Expansion of smart grid networks
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Operational challenges associated with gas-insulated switchgear
    • 5.2.4.2 Competition from unorganized sector
• 5.3 PORTER'S FIVE FORCES ANALYSIS
  • 5.3.1 THREAT OF SUBSTITUTES
  • 5.3.2 BARGAINING POWER OF SUPPLIERS
  • 5.3.3 BARGAINING POWER OF BUYERS
  • 5.3.4 THREAT OF NEW ENTRANTS
  • 5.3.5 INTENSITY OF COMPETITIVE RIVALRY
• 5.4 VALUE CHAIN ANALYSIS
  • 5.4.1 RAW MATERIAL PROVIDERS/SUPPLIERS
  • 5.4.2 COMPONENT MANUFACTURERS
  • 5.4.3 GAS-INSULATED SWITCHGEAR MANUFACTURERS/ASSEMBLERS
  • 5.4.4 DISTRIBUTORS
  • 5.4.5 POST-SALE SERVICES
• 5.5 INVESTMENT AND FUNDING SCENARIO
• 5.6 TECHNOLOGY ANALYSIS
  • 5.6.1 KEY TECHNOLOGIES
    • 5.6.1.1 SF6-free technology
    • 5.6.1.2 Digital monitoring and control systems
  • 5.6.2 COMPLEMENTARY TECHNOLOGIES
    • 5.6.2.1 Modular switchgear
• 5.7 KEY CONFERENCES AND EVENTS, 2024-2025
• 5.8 ECOSYSTEM MAPPING
• 5.9 PATENT ANALYSIS
• 5.10 CASE STUDY ANALYSIS
  • 5.10.1 NORTHERN POWERGRID COMPANY USES ABB'S SF6-FREE SWITCHGEAR FOR ELECTRICAL NETWORK
  • 5.10.2 RETROFITTING IMPROVES PERFORMANCE AND MONITORING CAPABILITIES
  • 5.10.3 SCHNEIDER ELECTRIC DEVELOPS SF6-FREE GREEN GIS SOLUTIONS
  • 5.10.4 220 KV GIS DESIGN FOR GENERATION PLANT IN ULAANBAATAR, MONGOLIA
• 5.11 TRADE ANALYSIS
  • 5.11.1 TRADE ANALYSIS OF ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS WITH VOLTAGE EXCEEDING 1,000 VOLTS
    • 5.11.1.1 Import scenario
    • 5.11.1.2 Export scenario
  • 5.11.2 TRADE ANALYSIS RELATED TO ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS WITH VOLTAGE LOWER THAN 1,000 VOLTS
    • 5.11.2.1 Import scenario
    • 5.11.2.2 Export scenario
• 5.12 PRICING ANALYSIS
  • 5.12.1 AVERAGE SELLING PRICE TREND, BY REGION
  • 5.12.2 INDICATIVE PRICING ANALYSIS, BY VOLTAGE RATING
• 5.13 TARIFFS AND REGULATORY LANDSCAPE
  • 5.13.1 TARIFFS RELATED TO GAS-INSULATED SWITCHGEAR
  • 5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.13.3 CODES AND REGULATIONS RELATED TO GAS-INSULATED SWITCHGEAR
• 5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 5.15.2 BUYING CRITERIA
• 5.16 IMPACT OF GENERATIVE AI/AI IN GAS-INSULATED SWITCHGEAR MARKET
  • 5.16.1 ADOPTION OF GENERATIVE AI/AI APPLICATIONS IN GAS-INSULATED SWITCHGEAR MARKET
  • 5.16.2 IMPACT OF GENERATIVE AI/AI BY END USER
  • 5.16.3 IMPACT OF AI IN GAS-INSULATED SWITCHGEAR MARKET, BY REGION
• 5.17 MACROECONOMIC OUTLOOK FOR GAS-INSULATED SWITCHGEAR MARKET

6 GAS-INSULATED SWITCHGEAR MARKET, BY CONFIGURATION

• 6.1 INTRODUCTION
• 6.2 HYBRID
  • 6.2.1 SUSTAINABLE POWER TRANSMISSION TO BOOST SEGMENT
• 6.3 ISOLATED-PHASE
  • 6.3.1 REDUCTION IN ELECTRICAL LOSSES - KEY DRIVER
• 6.4 INTEGRATED THREE-PHASE
  • 6.4.1 RENEWABLE ENERGY INTEGRATION TO DRIVE SEGMENT
• 6.5 COMPACT GIS
  • 6.5.1 DEMAND FOR SPACE-EFFICIENT, RELIABLE, AND HIGH-PERFORMANCE SOLUTIONS TO BOOST SEGMENT

7 GAS-INSULATED SWITCHGEAR MARKET, BY END USER

• 7.1 INTRODUCTION
• 7.2 INDUSTRIAL
  • 7.2.1 PROCESS
    • 7.2.1.1 Energy efficiency in high-demand process industries to boost segment
  • 7.2.2 DISCRETE
    • 7.2.2.1 Precision in automotive assembly to drive segment
  • 7.2.3 OIL & GAS
    • 7.2.3.1 Facilitation of hybrid energy systems in oilfields to boost growth
  • 7.2.4 OTHER INDUSTRIAL END USERS
• 7.3 COMMERCIAL & INSTITUTIONAL
  • 7.3.1 COMMERCIAL
    • 7.3.1.1 Reliable power supply for high-demand commercial facilities to fuel segment
  • 7.3.2 INSTITUTIONAL
    • 7.3.2.1 Centralized power management for large educational campuses - key driver
  • 7.3.3 INFRASTRUCTURE
    • 7.3.3.1 Enhancement of Smart City utilities with compact GIS to drive segment
  • 7.3.4 GOVERNMENT
    • 7.3.4.1 Use of smart utilities in public sector projects to boost demand
• 7.4 ELECTRICAL UTILITIES
  • 7.4.1 GENERATION
    • 7.4.1.1 Renewable energy integration in power plants to boost segment growth
  • 7.4.2 TRANSMISSION & DISTRIBUTION
    • 7.4.2.1 Minimal energy loss in long-distance transmission to fuel growth
• 7.5 DATA CENTERS
  • 7.5.1 NON-HYPERSCALE
    • 7.5.1.1 Help overcome regulatory challenges
  • 7.5.2 HYPERSCALE
    • 7.5.2.1 Offer advanced monitoring capabilities
• 7.6 AFTERMARKET
  • 7.6.1 ENSURES LONG-TERM PERFORMANCE OF SYSTEMS

8 GAS-INSULATED SWITCHGEAR MARKET, BY INSTALLATION

• 8.1 INTRODUCTION
• 8.2 INDOOR
  • 8.2.1 SUSTAINABLE ENERGY INTEGRATION TO BOOST DEMAND
• 8.3 OUTDOOR
  • 8.3.1 INCREASING APPLICATION IN SUBSTATIONS AND SWITCHYARDS TO PROPEL GROWTH

9 GAS-INSULATED SWITCHGEAR MARKET, BY INSULATION TYPE

• 9.1 INTRODUCTION
• 9.2 SF6
  • 9.2.1 OPERATIONAL BENEFITS IN POWER TRANSMISSION AND DISTRIBUTION TO BOOST SEGMENT
• 9.3 SF6-FREE
  • 9.3.1 GROWING AWARENESS FOR ADOPTION IN UTILITIES TO DRIVE SEGMENT

10 GAS-INSULATED SWITCHGEAR MARKET, BY VOLTAGE RATING

• 10.1 INTRODUCTION
• 10.2 UP TO 5 KV
  • 10.2.1 WIDE-SCALE ADOPTION IN URBAN INFRASTRUCTURE PROJECTS TO FUEL GROWTH
• 10.3 6 TO 15 KV
  • 10.3.1 PLAY CRUCIAL ROLE IN UTILITY SUBSTATION MODERNIZATION
• 10.4 16 TO 27 KV
  • 10.4.1 INTEGRATION WITH RENEWABLE ENERGY FOR EFFICIENT GRID CONNECTION - KEY DRIVER
• 10.5 28 TO 40.5 KV
  • 10.5.1 ADAPTABILITY TO HARSH ENVIRONMENTAL CONDITIONS TO BOOST SEGMENT
• 10.6 40.6 TO 73 KV
  • 10.6.1 SEGMENT DRIVEN BY ENHANCED OPERATIONAL SAFETY IN HIGH-VOLTAGE SYSTEMS
• 10.7 74 TO 220 KV
  • 10.7.1 INTEGRATION OF RENEWABLE ENERGY WITH HIGH-VOLTAGE GIS TO BOOST MARKET
• 10.8 ABOVE 220 KV
  • 10.8.1 MINIMAL ENERGY LOSS IN LONG-DISTANCE POWER TRANSMISSION

11 GAS-INSULATED SWITCHGEAR MARKET, BY REGION

• 11.1 INTRODUCTION
• 11.2 ASIA PACIFIC
  • 11.2.1 BY INSTALLATION
  • 11.2.2 BY INSULATION TYPE
  • 11.2.3 BY VOLTAGE RATING
  • 11.2.4 BY CONFIGURATION
  • 11.2.5 BY END USER
  • 11.2.6 BY COUNTRY
    • 11.2.6.1 China
      • 11.2.6.1.1 Expansion of charging infrastructure to boost market
    • 11.2.6.2 India
      • 11.2.6.2.1 Scaling of renewable energy with GIS-integrated smart grids to drive market
    • 11.2.6.3 Japan
      • 11.2.6.3.1 Critical enabler of smart community projects and energy storage solutions
    • 11.2.6.4 South Korea
      • 11.2.6.4.1 Transition to low-carbon economy to drive market
    • 11.2.6.5 Australia
      • 11.2.6.5.1 Modernization of aging energy infrastructure to boost market
    • 11.2.6.6 Rest of Asia Pacific
• 11.3 EUROPE
  • 11.3.1 BY INSTALLATION
  • 11.3.2 BY INSULATION TYPE
  • 11.3.3 BY VOLTAGE RATING
  • 11.3.4 BY CONFIGURATION
  • 11.3.5 BY END USER
  • 11.3.6 BY COUNTRY
    • 11.3.6.1 Germany
      • 11.3.6.1.1 Energy transition efforts to drive market
    • 11.3.6.2 UK
      • 11.3.6.2.1 Urban development projects and government infrastructure initiatives to boost market
    • 11.3.6.3 Italy
      • 11.3.6.3.1 Market driven by growing industrial sector
    • 11.3.6.4 Spain
      • 11.3.6.4.1 Utilization of GIS for energy transition to generate demand
    • 11.3.6.5 France
      • 11.3.6.5.1 Energy transition and industrial modernization - key drivers
    • 11.3.6.6 Rest of Europe
• 11.4 MIDDLE EAST & AFRICA
  • 11.4.1 BY INSTALLATION
  • 11.4.2 BY INSULATION TYPE
  • 11.4.3 BY VOLTAGE RATING
  • 11.4.4 BY CONFIGURATION
  • 11.4.5 BY END USER
  • 11.4.6 BY COUNTRY
    • 11.4.6.1 GCC
      • 11.4.6.1.1 Saudi Arabia
        • 11.4.6.1.1.1 Increased adoption in public and private sectors to boost market
      • 11.4.6.1.2 UAE
        • 11.4.6.1.2.1 Rapid growth in commercial and institutional projects boost demand
      • 11.4.6.1.3 Kuwait
        • 11.4.6.1.3.1 Need for reliable, space-efficient power distribution systems to drive demand
      • 11.4.6.1.4 Rest of GCC
    • 11.4.6.2 South Africa
      • 11.4.6.2.1 Rise in number of power generation projects to boost market
    • 11.4.6.3 Rest of Middle East & Africa
• 11.5 NORTH AMERICA
  • 11.5.1 BY INSTALLATION
  • 11.5.2 BY INSULATION TYPE
  • 11.5.3 BY VOLTAGE RATING
  • 11.5.4 BY CONFIGURATION
  • 11.5.5 BY END USER
  • 11.5.6 BY COUNTRY
    • 11.5.6.1 US
      • 11.5.6.1.1 Modernization of power grid to boost market
    • 11.5.6.2 Canada
      • 11.5.6.2.1 Infrastructure upgrades across major cities to drive market
    • 11.5.6.3 Mexico
      • 11.5.6.3.1 Government initiatives to develop urban centers with GIS to boost growth
• 11.6 SOUTH AMERICA
  • 11.6.1 BY INSTALLATION
  • 11.6.2 BY INSULATION TYPE
  • 11.6.3 BY VOLTAGE RATING
  • 11.6.4 BY CONFIGURATION
  • 11.6.5 BY END USER
  • 11.6.6 BY COUNTRY
    • 11.6.6.1 Brazil
      • 11.6.6.1.1 Sustainability and carbon reduction goals to boost market
    • 11.6.6.2 Argentina
      • 11.6.6.2.1 Focus on expansion of electricity grid to drive market
    • 11.6.6.3 Rest of South America

12 COMPETITIVE LANDSCAPE

• 12.1 INTRODUCTION
• 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020-2024
• 12.3 MARKET SHARE ANALYSIS, 2023
• 12.4 REVENUE ANALYSIS, 2019-2023
• 12.5 COMPANY VALUATION AND FINANCIAL METRICS
• 12.6 PRODUCT TYPE-/GEOGRAPHIC PRESENCE-WISE COMPARISON
• 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
  • 12.7.1 STARS
  • 12.7.2 EMERGING LEADERS
  • 12.7.3 PERVASIVE PLAYERS
  • 12.7.4 PARTICIPANTS
  • 12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
    • 12.7.5.1 Company footprint
    • 12.7.5.2 Region footprint
    • 12.7.5.3 Installation footprint
    • 12.7.5.4 Insulation type footprint
    • 12.7.5.5 Configuration type footprint
    • 12.7.5.6 Voltage rating footprint
    • 12.7.5.7 End user footprint
• 12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
  • 12.8.1 PROGRESSIVE COMPANIES
  • 12.8.2 RESPONSIVE COMPANIES
  • 12.8.3 DYNAMIC COMPANIES
  • 12.8.4 STARTING BLOCKS
  • 12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    • 12.8.5.1 Detailed list of key startups/SMEs
    • 12.8.5.2 Competitive benchmarking of key startups/SMEs
• 12.9 COMPETITIVE SCENARIO
  • 12.9.1 PRODUCT LAUNCHES
  • 12.9.2 DEALS
  • 12.9.3 EXPANSIONS
  • 12.9.4 OTHER DEVELOPMENTS

13 COMPANY PROFILES

• 13.1 KEY PLAYERS
  • 13.1.1 ABB
    • 13.1.1.1 Business overview
    • 13.1.1.2 Products/Solutions/Services offered
    • 13.1.1.3 Recent developments
      • 13.1.1.3.1 Product launches
      • 13.1.1.3.2 Deals
      • 13.1.1.3.3 Expansions
      • 13.1.1.3.4 Other developments
    • 13.1.1.4 MnM view
      • 13.1.1.4.1 Key strengths
      • 13.1.1.4.2 Strategic choices
      • 13.1.1.4.3 Weaknesses & competitive threats
  • 13.1.2 SCHNEIDER ELECTRIC
    • 13.1.2.1 Business overview
    • 13.1.2.2 Products/Solutions/Services offered
    • 13.1.2.3 Recent developments
      • 13.1.2.3.1 Product launches
      • 13.1.2.3.2 Expansions
    • 13.1.2.4 MnM view
      • 13.1.2.4.1 Key strengths
      • 13.1.2.4.2 Strategic choices
      • 13.1.2.4.3 Weaknesses & competitive threats
  • 13.1.3 HITACHI, LTD.
    • 13.1.3.1 Business overview
    • 13.1.3.2 Products/Solutions/Services offered
    • 13.1.3.3 Recent developments
      • 13.1.3.3.1 Deals
    • 13.1.3.4 MnM view
      • 13.1.3.4.1 Key strengths
      • 13.1.3.4.2 Strategic choices
      • 13.1.3.4.3 Weaknesses & competitive threats
  • 13.1.4 SIEMENS
    • 13.1.4.1 Business overview
    • 13.1.4.2 Products/Solutions/Services offered
    • 13.1.4.3 Recent developments
      • 13.1.4.3.1 Deals
      • 13.1.4.3.2 Other developments
    • 13.1.4.4 MnM view
      • 13.1.4.4.1 Key strengths
      • 13.1.4.4.2 Strategic choices
      • 13.1.4.4.3 Weaknesses & competitive threats
  • 13.1.5 EATON
    • 13.1.5.1 Business overview
    • 13.1.5.2 Products/Solutions/Services offered
    • 13.1.5.3 Recent developments
      • 13.1.5.3.1 Product launches
      • 13.1.5.3.2 Deals
      • 13.1.5.3.3 Expansions
    • 13.1.5.4 MnM view
      • 13.1.5.4.1 Key strengths
      • 13.1.5.4.2 Strategic choices
      • 13.1.5.4.3 Weaknesses & competitive threats
  • 13.1.6 GENERAL ELECTRIC COMPANY
    • 13.1.6.1 Business overview
    • 13.1.6.2 Products/Solutions/Services offered
    • 13.1.6.3 Recent developments
      • 13.1.6.3.1 Product launches
      • 13.1.6.3.2 Deals
      • 13.1.6.3.3 Other developments
      • 13.1.6.3.4 Expansions
  • 13.1.7 MITSUBISHI ELECTRIC CORPORATION
    • 13.1.7.1 Business overview
    • 13.1.7.2 Products/Solutions/Services offered
    • 13.1.7.3 Recent developments
      • 13.1.7.3.1 Expansions
  • 13.1.8 HD HYUNDAI ELECTRIC CO., LTD.
    • 13.1.8.1 Business overview
    • 13.1.8.2 Products/Solutions/Services offered
    • 13.1.8.3 Recent developments
      • 13.1.8.3.1 Deals
  • 13.1.9 FUJI ELECTRIC CO., LTD.
    • 13.1.9.1 Business overview
    • 13.1.9.2 Products/Solutions/Services offered
    • 13.1.9.3 Recent developments
      • 13.1.9.3.1 Expansions
      • 13.1.9.3.2 Other developments
  • 13.1.10 CG POWER AND INDUSTRIAL SOLUTIONS LTD.
    • 13.1.10.1 Business overview
    • 13.1.10.2 Products/Solutions/Services offered
    • 13.1.10.3 Recent developments
      • 13.1.10.3.1 Deals
  • 13.1.11 NISSIN ELECTRIC CO., LTD.
    • 13.1.11.1 Business overview
    • 13.1.11.2 Products/Solutions/Services offered
    • 13.1.11.3 Recent developments
      • 13.1.11.3.1 Expansions
  • 13.1.12 MEIDENSHA CORPORATION
    • 13.1.12.1 Business overview
    • 13.1.12.2 Products/Solutions/Services offered
  • 13.1.13 POWELL INDUSTRIES
    • 13.1.13.1 Business overview
    • 13.1.13.2 Products/Solutions/Services offered
  • 13.1.14 HYOSUNG HEAVY INDUSTRIES
    • 13.1.14.1 Business overview
    • 13.1.14.2 Products/Solutions/Services offered
    • 13.1.14.3 Recent developments
      • 13.1.14.3.1 Product launches
  • 13.1.15 TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION
    • 13.1.15.1 Business overview
    • 13.1.15.2 Products/Solutions/Services offered
    • 13.1.15.3 Recent developments
      • 13.1.15.3.1 Other developments
      • 13.1.15.3.2 Expansions
  • 13.1.16 G&W ELECTRIC
    • 13.1.16.1 Products/Solutions/Services offered
    • 13.1.16.2 Recent developments
      • 13.1.16.2.1 Deals
  • 13.1.17 HENAN PINGGAO ELECTRIC CO., LTD.
    • 13.1.17.1 Products/Solutions/Services offered
  • 13.1.18 XIAN XD SWITCHGEAR ELECTRIC CO., LTD
    • 13.1.18.1 Products/Solutions/Services offered
  • 13.1.19 SWITCHGEAR COMPANY
    • 13.1.19.1 Products/Solutions/Services offered
  • 13.1.20 SIEYUAN ELECTRIC CO., LTD.
    • 13.1.20.1 Products/Solutions/Services offered
• 13.2 OTHER PLAYERS
  • 13.2.1 ELECKTROBUDOWA SP. Z O.O.
  • 13.2.2 CHINT GROUP
  • 13.2.3 SEL S.P.A.
  • 13.2.4 ILJIN ELECTRIC
  • 13.2.5 ZHEJIANG VOLCANO ELECTRICAL TECHNOLOGY CO., LTD

14 APPENDIX

• 14.1 INSIGHTS FROM INDUSTRY EXPERTS
• 14.2 DISCUSSION GUIDE
• 14.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 14.4 CUSTOMIZATION OPTIONS
• 14.5 RELATED REPORTS
• 14.6 AUTHOR DETAILS