The global switching equipment market was worth $191.93 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 7.36% and reach $255.02 billion by 2023.
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The switching equipment market consists of sales of switching equipment and related services. Switching equipment refers to a device that opens and closes electric circuits in general. These are used to build connections between nodes within a network. Information is shared on establishing of a connection between nodes. The switching equipment industry includes establishments that manufacture switching equipment including circuit breakers, contactors, switch disconnectors and disconnectors.
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The switching equipment 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 switching equipment market are ADVA, Ciena Corporation, Ericsson, Huawei Technologies, Alcatel-Lucent, ZTE, Infinera Corporation, Fujitsu Limited, ECI Telecom Ltd, Cisco Systems, Inc, Tellabs, Inc, ADTRAN Inc, Aliathon Technology Ltd., NEC Corporation, Huawei Technologies, Nokia Siemens, Cyan, Ekinops, JDS Uniphase Corporation, BTI
The Global Switching Equipment Market is segmented:
1) By End User: Small Enterprises, Medium Enterprises, Large Enterprises
2) By End-Use Industry: Automotive, Healthcare, Telecommunications
3) By Application: Enterprise And Industrial Usage, Telecommunication Providers, Servers And Storage Providers
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The switching equipment market report describes and explains the global switching equipment 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 switching equipment report evaluates the market across each region and for the major economies within each region.
The countries covered in the global switching equipment 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 switching equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Switching Equipment Market Characteristics
- Switching Equipment Market Product Analysis
- Switching Equipment Market Supply Chain
- Key Mergers And Acquisitions In The Switching Equipment Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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