Medium Voltage Switchgear Market - Top Companies and Manufacturers

  • Report ID: 4899
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Companies Dominating the Medium Voltage Switchgear Landscape

    • Chint Group Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Siemens AG
    • Schneider Electric SE
    • General Electric Company
    • Bharat Heavy Electricals Limited
    •  Eaton Corporation Plc
    • Mitsubishi Electric Corporation
    • Powell Industries, Inc.
    • ABB
    • Elatec Power Distribution GmbH

Browse Key Market Insights with Data Illustration:

In the News

  • General Electric Company announced winning the three-year framework contract by SP Energy Network to supply g3 circuit breaker. Over the UK's RIIO-T2 regulatory period, the "High Voltage (HV) Main Plant" agreement covers the majority of SP Energy Networks' requirements for 145 kV SF6-free live tank circuit-breakers.
  • Eaton Corporation Plc announced the acquisition of 82.275 percent controlling interest in Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S., a leading manufacturer of switchgear based in Ankara, Turkey, with its main emphasis is on medium voltage solutions for industrial and utility customers.

Author Credits:  Dhruv Bhatia


  • Report ID: 4899
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of medium voltage switchgear is evaluated at USD 45.46 billion.

The medium voltage switchgear market size was over USD 42.89 billion in 2024 and is anticipated to exceed USD 109.38 billion by the end of 2037, growing at over 7.4% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for electricity, an aging network of grids, and the adoption of smart grids will boost the market growth.

Asia Pacific industry is set to have the highest growth through 2037, owing to growing consumption of electricity.

The major players in the market include Chint Group Corporation, Siemens AG, Schneider Electric SE, General Electric Company, Bharat Heavy Electricals Limited, Eaton Corporation Plc, Mitsubishi Electric Corporation, Powell Industries, Inc., ABB, Elatec Power Distribution GmbH.
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