Air Insulated Switchgear Market Analysis

  • Report ID: 5470
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Air Insulated Switchgear Market Analysis

Voltage (Medium {> 3 kV to ≤ 36 kV}, High {> 36 kV}, Low { 1 (kV)})

The medium {> 3 kV to ≤ 36 kV} segment is projected to account for 40% share of the global air insulated switchgear market during the forecast period owing to its usage in different fields. As this medium voltage can maintain a secure voltage all the time this segment of air insulated switchgear is being used widely in different sectors. For instance, Siemens NXAirS 550 + air insulated switchgear is broadly used in areas that have high demands for low space-taking installations, like data centers, marine and harbor, buildings, etc. Its receptive blend with Siemens classical NXAirS Series switchgear can better match the rising demands of varied switchgear typicals and extensibility. Moreover, Siemens NXAirS air insulated switchgear includes a busbar, switching device, link, and low-voltage compartment. The switchgear’s structure and compartments are metallic sealed. Shutters and divisions are earthed. Every compartment is metal-clad in a pressure-immune pattern to enhance the operator’s protection. Moreover, the usage of Medium voltage switchgear is diversified.

Application (Residential, Commercial & Industrial, Utility)

The residential air insulated switchgear market is estimated to hold around 42% of the revenue share by the end of 2037. This growth will primarily be propelled by the excessive use of substations in the residential areas. AIS residential substations fit for smaller substations and mainly H-type single-line diagrams can be understood in a very affordable manner. A h-type single-line diagram is very usual for larger towns or smaller cities where the substation is part of a ring, with a voltage of about 145 kV, across the town.  With all 145 kV basic contacts embedded and the entire switchgear placed indoors, an arc is very unlikely to emerge but cannot be outruled. 145 kV switchgear room is thus armed with hatches that will open in case of an arc.

Our in-depth analysis of the global air insulated switchgear market includes the following segments:

Voltage

  • Medium {> 3 kV to ≤ 36 kV}
  • High {> 36 kV}
  • Low { 1 (kV)}

Application

  • Residential
  • Commercial & Industrial
  • Utility

End-User

  • Transmission & Distribution Manufacturing & Processing
  • Infrastructure & Transportation
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Author Credits:  Abhishek Verma


  • Report ID: 5470
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of air insulated switchgear is assessed at USD 70.45 billion.

The air insulated switchgear market size was valued at USD 67.84 billion in 2024 and is likely to reach USD 124.79 billion by the end of 2037, registering around 4.8% CAGR during the forecast period i.e., between 2025-2037. The increasing demand for air insulated switchgear in people will drive the market growth.

Asia Pacific industry is anticipated to account for largest revenue share 38% by 2037, impelled by increasing inclination toward renewable energies in the region.

The major players in the market are Bayer AG, Mayne Pharma Group Limited, PULMATRiX Inc., Endo International Plc, Johnson & Johnson Services Inc., GlaxoSmithKline Plc, Pfizer Inc., Abbott, Takeda Pharmaceutical Company Limited, Novartis AG, Shionogi & Co., Ltd., Asahi Kasei Pharma Corporation, F2G Ltd., Regeneron Pharmaceutical Inc.
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