0
Upcoming Allied Market Research
2023
Hybrid Switchgear Market

Hybrid Switchgear Market

Size, Share, Competitive Landscape and Trend Analysis Report by Voltage (Up to 72.5 kV, 72.5-245 kV, 245-550 kV), by Installation (Onshore, Offshore) and by Application (Infrastructure, Transportation, Industrial, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A15550
Pages: NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

Hybrid switchgear combines components of traditional air-insulated switchgear (AIS) and gas-insulated switchgear (GIS). It is characterized by a compact modular design, which combines a variety of different functions in one module. According to the arc extinguishing method, the equipment was developed in the late 1990s. Two different types of technology are used in the hybrid switchgear module: one for arc extinguishing and the other for connecting high voltage equipment to another substation with the purpose of Use existing technology to maximize technology.

COVID-19 Impact analysis

  • As a result of the global economic slowdown caused by the pandemic, the supply chain got disrupted due to which specialized equipment market got a diverse affect. Hence, production of low voltage switchgear got stopped due to which there is huge decline in the hybrid switchgear market.
  • During the time of lockdown in major parts of the world, the manufacturing units went down as the workers were not available for the work due to the fear of getting infected which led to the shortage of the inventories.
  • During Covid-19 increased consumption of electricity in emerging and developed economies drive the growth of the hybrid switchgear market.

Top Impacting Factors

  • Environmental parameters such as temperature and humidity and ground water seepage are some of the factors that affect the grid efficiency of hybrid switchgear, especially those installed outdoors. In the substation environment, equipment must meet or exceed strict specifications, so environmental conditions are a key factor that needs to be considered before installing any electrical equipment including hybrid Switchgears.
  • Some government agencies have added reliability components to performance-based revenue rules. These rules have a financial incentive structure, which can be unilateral, that is, dealers can be punished for non-compliance, or bilateral, and dealers can also receive bonuses for their extra work. In addition to monitoring performance against standards, these incentive systems also allow regulators to directly control and improve reliability standards. These programs will encourage the use of hybrid switches to provide uninterrupted and uninterrupted services.
  • The hybrid Switchgears isolates the circuit from the power source to ensure safe maintenance or troubleshooting. Electricity consumers use the product to protect electrical equipment from irregular surges. Due to all these characteristics, the cost of hybrid Switchgears is high. 
  • Hybrid switch components are composed of two types of components: conductive components, such as switches, circuit breakers, fuses and lightning rods, which conduct or interrupt current, and control systems, such as switchboards, current converters, etc., power transformers, monitoring, control and protection Potential of live components and other protective relays and related circuits. These components constitute a complex and expensive complete hybrid board solution. The capital intensity of the hybrid Switchgears will hinder the growth of the market.

Market Trends

  • ABB signed a five-year framework contract worth about USD 100 million with South America’s biggest company, Interconexian Electrica SA ESP (ISA). The company is set to cover the supply of hybrid switchgear and other equipment to improve the regional power grid and enhance its position across all nation present in Latin America. The deal took place in April 2020. 

Key Benefits of the Report

  • This study presents the analytical depiction of the Hybrid Switchgear industry 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 Hybrid Switchgear market share.
  • The current market is quantitatively analyzed to highlight the Hybrid Switchgear market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Hybrid Switchgear market analysis based on competitive intensity and how the competition will take shape in coming years

Hybrid Switchgear Market Report Highlights

Aspects Details
By Voltage
  • Up to 72.5 kV
  • 72.5-245 kV
  • 245-550 kV
By Installation
  • Onshore
  • Offshore
By Application
  • Infrastructure
  • Transportation
  • Industrial
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Spain, UK, Germany, Italy, France, Netherlands, Russiac, Belgium, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, South Korea, Taiwan, Indonesia, Malaysia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Argentina, Colombia, Chile, UAE, Israel, Nigeria, Rest of LAMEA)
Key Market Players Siemens, Capchem Electricals Pvt.Ltd, ABB, Mitsubishi Electric, Toshiba Corporation, Schneider Electric, TGOOD, Hitachi, Skipperseil, Hyosung, Chint, General Electric, L&T, Taikai Power Engineering
 

Loading Table Of Content...


 
 
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:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


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

Secondary research
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

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
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:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


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

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
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.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Hybrid Switchgear Market

Start reading.
This Report and over 71,323+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,930
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise
    License/PDF

  • $9,870
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers