The global medium voltage switchgear market was worth $20.58 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 10.89% and reach $31.12 billion by 2023.
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The medium voltage switchgear market consists of sales of medium voltage switchgear and related services that manufacture medium voltage switchgear which are electrical switchgear rated between 2KV and 36KV. The medium voltage switchgear is the combination of electrical switches, fuses or circuit breakers used to operate, secure and separate electrical equipment.
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The medium voltage switchgear market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the medium voltage switchgear market are Siemens AG, Schneider Electric SE, Eaton Corporation Plc., Mitsubishi, Hyundai Heay Industries, ABB, Bharat Heavy Electricals Limited, Hyosung Heavy Industries, General Electric, Powell, Chint Group, Crompton Greaves, Lucy Electric, Toshiba, Ormazabal, E+I Engineering, Skema, START, SENTEG Schaltanlagen für Energietechnik GmbH, Hitachi, Elatec Power Distribution GmbH, Jyoti Ltd., Efacec
The Global Medium Voltage Switchgear Market is segmented:
1) By Insulation: Air, Gas, Oil, Vacuum
2) By Installation: Outdoor, Indoor
3) By Application: Residential, Commercial, Industrial, Utility
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The medium voltage switchgear market report describes and explains the global medium voltage switchgear market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The medium voltage switchgear report evaluates the market across each region and for the major economies within each region.
The countries covered in the global medium voltage switchgear market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global medium voltage switchgear market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Medium Voltage Switchgear Market Characteristics
- Medium Voltage Switchgear Market Product Analysis
- Medium Voltage Switchgear Market Supply Chain
- Key Mergers And Acquisitions In The Medium Voltage Switchgear Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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