Residential Switchgear Market - Top Companies and Manufacturers

  • Report ID: 6589
  • Published Date: Oct 23, 2024
  • Report Format: PDF, PPT

Companies Dominating the Residential Switchgear Landscape

    The global residential switchgear market is highly competitive, comprising key players operating at global and regional levels. Top companies such as Schneider Electric, Eaton Corporation, Siemens AG, and ABB Ltd., are at the forefront, contributing a wide range of smart and energy-efficient switchgear systems. These companies are investing heavily in research and development to offer smart technologies such as Internet of Things (IoT) enabled switchgear which boosts automation in homes and energy management. Key players are also expanding their worldwide reach by entering evolving markets and tailoring products to meet region-specific energy demand, additionally accelerating the growth of the residential switchgear market. Here are some leading players in the residential switchgear market:

    • Schneider Electric
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Siemens AG
    • Eaton Corporation
    • ABB Ltd.
    • Legrand S.A.
    • General Electric
    • Larsen & Toubro
    • Havells India Ltd.
    • Honeywell International Inc.
    • Rockwell Automation

Browse Key Market Insights with Data Illustration:

In the News

  • In February 2024, Schneider Electric announced the launch of digitally enabled SureSeT medium voltage switchgear offering comprehensive monitoring along with better durability and compact design.
  • In February 2020, ABB Ltd. unveiled its NeoGear switchgear solution, designed for residential and commercial applications, which increases energy efficiency and reduces footprint while providing advanced safety solutions.

Author Credits:  Dhruv Bhatia


  • Report ID: 6589
  • Published Date: Oct 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The residential switchgear market size was USD 19.9 billion in 2024.

The global residential switchgear market size was USD 19.9 billion in 2024 and is likely to reach USD 60.4 billion by the end of 2037, expanding at a CAGR of 9.7% over the forecast period, i.e., 2025-2037.

Schneider Electric, Siemens AG, Eaton Corporation, ABB Ltd., Legrand S.A., General Electric, Larsen & Toubro, Havells India Ltd., Honeywell International Inc., and Rockwell Automation are some key players of the market.

The indoor segment is expected to hold a leading share during the forecast period.

Asia Pacific is projected to offer lucrative prospects with a share of 37.2% in 2037.
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