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Air Insulated Switchgear Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

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Feb 2021 | 37 Views
 
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Air insulated switchgear is a compact metal encapsulated switchgear consisting of high-voltage components, such as a fuse, or circuit breaker, and electrical disconnect switch, which are used to isolate, protect, and control electrical equipment. The major raw materials used for manufacturing air insulated switchgear include aluminum, steel, resins, and insulating materials.

Air insulated switchgear(AIS) adopts the air as the insulation media designed voltage ranging from 11KV to 36KV medium voltage power distribution system. It plays a controlling and protecting role in the power system. The major circuit components of the air insulated switchgear are built in the gas-filled compartment.

Market scope and structure analysis

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Voltage Range, Installation, Industry Vertical, and Region

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and the Middle East & Africa

  Companies covered

ABB, Siemens AG, Schneider Electric SE, General Electric Company, Eaton Corporation PLC, Lucy Electric Ltd., TBEA India, Yokogawa Electric Corporation, SwitchGear Company NV

 

COVID-19 impact analysis

China is a major supplier both for the final product as well as the raw material used in electronics industry. Therefore, emergence of COVID-19 has disrupted supply side in China, thereby leaving adverse effect on the electronics industry. As a result, India’s electronics industry fears supply disruptions, production reduction, and the spree to dependence on import. Thus, owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap. Coronavirus has led to decline in the sale of top electronic companies and smartphone makers, which have major supplies to India. All these barriers hinder the growth of the air insulated switchgear market.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

Air insulated switchgear (AIS) has low manufacturing cost and is easy to maintain, due to which there is increase in production, thereby boosting the air insulated switchgear market during the forecast period. Increase in demand for air insulated switchgears due to their widespread usage in areas where space, environmental conditions, and weather conditions are not an issue, such as rural areas, is expected to be a key factor driving the air insulated switchgear market during the forecast period.

Air insulated switchgears provide various benefits such as pollution-free working, flexibility of region, ease of construction, and reliability. These benefits provide lucrative opportunities for the expansion of the global air insulated switchgear market.

However, the growth of air insulated switchgear market can be hinder due to availability of alternatives such as gas insulated switchgear. In this, the entire system is completely sealed and filled with sulfur hexafluoride, which acts as the insulating medium. As a result, the entire system is compact and can be installed indoor or even underground. In AIS, air acts as insulating medium, thereby requiring large space, thus restraining the growth of the market.

Key segments covered

Segment

Subsegment

  Voltage Range

  • 3 kV–36 kV
  • >36 kV

  Installation

  • Indoor
  • Outdoor

  Industry Vertical

  • Transmission & Distribution
  • Manufacturing & Processing
  • Infrastructure & Transportation
  • Others

Key benefits of the report

  • This study presents the analytical depiction of the global air insulated switchgear market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global air insulated switchgear market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Air Insulated Switchgear market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global market analysis depending on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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