Lucintel's latest market report analyzed that air insulated switchgear provides attractive opportunities in the transmission and distribution, manufacturing and processing, and infrastructure and transportation market. The air insulated switchgear market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%. In this market, indoor is the largest segment by installation, whereas transmission & distribution is largest by application.
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Based on installation, the air insulated switchgear market is segmented into indoor and outdoor. The indoor segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the rise in expenditure on electrical network, increasing focus on renewable power generation, switchgears requiring low maintenance, and modular design of switchgears.
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The Air Insulated Switchgear Market is marked by the presence of several big and small players. Some of the prominent players offering air insulated switchgear include Siemens AG, ABB Ltd., General Electric Company, Schneider Electric, Eaton Corporation PLC, Lucy Electric Ltd, TBEA India, Yokogawa Electric Corporation, SwitchGear Company NV.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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