New Study: Pad-Mounted Switchgear Market - Global Trends & Forecast to 2020

From: Fast Market Research, Inc.
Published: Sun Nov 22 2015

Pad-Mounted Switchgear Market by Type (Air insulated , Gas insulated, & Others), by Voltage Rating (0-15kV, 16-25kV, & Above 25kV), by Application (Industrial, Commercial, & Residential) & by Region - Global Trends & Forecast to 2020

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.

Full Report Details at

Air insulated pad-mounted switchgear dominates the global market:

Air insulated pad-mounted switchgear is the largest market segment nearly holding half of the total market in 2014. This is attributed to its economic viability. In areas with extensive space, air insulated switchgear is the primary choice due to its low cost. Air insulated pad-mounted switchgear market is further segmented by its voltage rating. Air insulated pad-mounted Switchgear at 16-25 kV voltage held the largest market share by value in 2014 followed by 0-15 kV air insulated pad-mounted switchgears.

Asia-Pacific: The fastest growing region in pad-mounted switchgear market

Asia-Pacific is the fastest growing market for pad-mounted switchgear. Growing trend towards underground distribution is driving the market for pad-mounted switchgears in the region. Massive T&D network expansion and industrialization projects in Asia-Pacific countries are influencing the growth in the region.

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 =<USD 1 billion

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Busbar Trunking Market - Global Trends & Forecast to 2020
- Motor Control Centers Market - Global Forecast and Trends to 2020
- AC Drives Market - Global Trends & Forecast to 2020
- Modular Substation Market - Global Trends and Forecast to 2020
- Low Voltage Cable Market - Global Trends & Forecast to 2020

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »