| Product Code: ETC5762046 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Suriname import shipments of DC switchgear in 2024 continued to be dominated by top exporting countries including the Netherlands, China, USA, Germany, and Denmark. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market for these imports. However, the negative Compound Annual Growth Rate (CAGR) of -6.82% from 2020 to 2024, along with a decline in growth rate from 2023 to 2024 at -11.19%, suggests a challenging market environment for DC switchgear imports in Suriname. Market players should closely monitor these trends and adjust their strategies accordingly.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Suriname DC Switchgear Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname DC Switchgear Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname DC Switchgear Market - Industry Life Cycle |
3.4 Suriname DC Switchgear Market - Porter's Five Forces |
3.5 Suriname DC Switchgear Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.6 Suriname DC Switchgear Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.7 Suriname DC Switchgear Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Suriname DC Switchgear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and efficient power distribution infrastructure in Suriname |
4.2.2 Growing focus on renewable energy sources leading to increased adoption of DC switchgear |
4.2.3 Government initiatives promoting modernization of electrical grids |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with implementing DC switchgear solutions |
4.3.2 Lack of skilled workforce for installation and maintenance of DC switchgear systems |
4.3.3 Regulatory challenges and compliance requirements impacting market growth |
5 Suriname DC Switchgear Market Trends |
6 Suriname DC Switchgear Market Segmentations |
6.1 Suriname DC Switchgear Market, By Voltage |
6.1.1 Overview and Analysis |
6.1.2 Suriname DC Switchgear Market Revenues & Volume, By Up to 750 V, 2021-2031F |
6.1.3 Suriname DC Switchgear Market Revenues & Volume, By 750 V to 1,800 V, 2021-2031F |
6.1.4 Suriname DC Switchgear Market Revenues & Volume, By 1,800 V to 3,000 V, 2021-2031F |
6.1.5 Suriname DC Switchgear Market Revenues & Volume, By 3,000 V to 10 kV, 2021-2031F |
6.1.6 Suriname DC Switchgear Market Revenues & Volume, By Above 10 kV, 2021-2031F |
6.2 Suriname DC Switchgear Market, By Deployment Type |
6.2.1 Overview and Analysis |
6.2.2 Suriname DC Switchgear Market Revenues & Volume, By Fixed Mounting, 2021-2031F |
6.2.3 Suriname DC Switchgear Market Revenues & Volume, By Plug-In, 2021-2031F |
6.2.4 Suriname DC Switchgear Market Revenues & Volume, By Withdrawable Units, 2021-2031F |
6.3 Suriname DC Switchgear Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Suriname DC Switchgear Market Revenues & Volume, By Railways, 2021-2031F |
6.3.3 Suriname DC Switchgear Market Revenues & Volume, By Solar Farms, 2021-2031F |
6.3.4 Suriname DC Switchgear Market Revenues & Volume, By Battery Storage, 2021-2031F |
6.3.5 Suriname DC Switchgear Market Revenues & Volume, By EV Charging Infrastructure, 2021-2031F |
6.3.6 Suriname DC Switchgear Market Revenues & Volume, By Marine, 2021-2031F |
6.3.7 Suriname DC Switchgear Market Revenues & Volume, By Power Generation, 2021-2031F |
7 Suriname DC Switchgear Market Import-Export Trade Statistics |
7.1 Suriname DC Switchgear Market Export to Major Countries |
7.2 Suriname DC Switchgear Market Imports from Major Countries |
8 Suriname DC Switchgear Market Key Performance Indicators |
8.1 Adoption rate of DC switchgear technology in Suriname |
8.2 Number of new infrastructure projects incorporating DC switchgear |
8.3 Rate of technological advancements and innovations in DC switchgear systems |
9 Suriname DC Switchgear Market - Opportunity Assessment |
9.1 Suriname DC Switchgear Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.2 Suriname DC Switchgear Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.3 Suriname DC Switchgear Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Suriname DC Switchgear Market - Competitive Landscape |
10.1 Suriname DC Switchgear Market Revenue Share, By Companies, 2024 |
10.2 Suriname DC Switchgear Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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