Market Forecast By Voltage (Low Voltage (By Type (MCB, MCCB, ACB & Others), By Application (Residential, Commercial, Industrial, Power Utilities & Others)), Medium Voltage (By Application (Residential, Commercial, Industrial, Power Utilities & Others), By Insulation Type (Air Insulated Switchgear & Other Insulated Switchgear)), High voltage Switchgear (By Application (Residential, Commercial, Industrial, Power Utilities & Others)), By Insulation Type (Air Insulated Switchgear, Other Insulated Switchgear)), By Applications (Residential, Commercial, Industrial, Power Utilities & others) And Competitive Landscape.
Product Code: ETC001492 | Publication Date: May 2022 | Updated Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United States (US) Switchgear Market is projected to grow over the coming year. United States (US) Switchgear Market report is a part of our periodical regional publication North America Switchgear Market outlook report. 6W tracks Switchgear market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Switchgear Market outlook report annually.
United States (US) Switchgear Market report comprehensively covers the market by Voltage, Types, application and Insulation. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
United States (US) Switchgear Market Synopsis
United States (US) Switchgear Market is anticipated to generate sound revenues during the upcoming period on the back of surging population. Increasing disposable income coupled with growing urbanization and modernization is driving the US Switchgear Market Growth. Additionally, rising demand for uninterruptible and regular supply of power coupled with government stringent regulations to develop the renewable power grid. Increasing penetration towards reduction of carbon emission is also proliferating the US Switchgear Market Share.
According to 6Wresearch, United States (US) Switchgear Market size is projected to register growth during 2022-2028. Rising development of infrastructure backed by strengthening of construction sector is also propelling the development of the market. Moreover, growing demand for effective monitoring and control systems coupled with replacement of convectional power is driving the US Switchgear Market Revenue. However, the health emergency caused by the outburst of COVID-19 pandemic hampered the development of the market owing to disruption in supply chain due to shutting down of manufacturing units.
Market Analysis by Voltage
On the basis of voltage, the low voltage segment is anticipated to gain appreciable growth during the forecast period owing to increasing efforts by the government to expand microgrid and rising investment towards the development of residential and commercial sector.
Key Attractiveness of the Report
Key Highlights of Switchgear Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2 Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. United States Switchgear Market Overview |
3.1 United States Switchgear Market Revenues (2018-2028F) |
3.2 United States Switchgear Market - Industry Life Cycle, 2021 |
3.3 United States Switchgear Market - Porter’s Five Forces |
3.4 Impact Analysis of Covid-19 on United States Switchgear Market |
4. United States Switchgear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. United States Switchgear Market Trends |
6. United States Low Voltage Switchgear Market Overview |
6.1 United States Low Voltage Switchgear and Panels Market Revenues (2018-2028F) |
6.2 United States Low Voltage Switchgear Market Overview, By Types |
6.2.1 United States Low Voltage Switchgear Market Revenue Share, By Types (2021 & 2028F) |
6.2.2 United States Low Voltage Switchgear Market Revenues, By Types (2018-2028F) |
6.3 United States Low Voltage Switchgear Market Overview, By Applications |
6.3.1 United States Low Voltage Switchgear Market Revenue Share, By Applications (2021 & 2028F) |
6.3.2 United States Low Voltage Switchgear Market Revenues, By Applications (2018-2028F) |
7. United States Medium Voltage Switchgear Market Overview |
7.1 United States Medium Voltage Switchgear Market Revenues (2018-2028F) |
7.2 United States Medium Voltage Switchgear Market Overview, By Insulation Types |
7.2.1 United States Medium Voltage Switchgear Market Revenue Share, By Insulation Types (2021 & 2028F) |
7.2.2 United States Medium Voltage Switchgear Market Revenues, By Insulation Types (2018-2028F) |
7.3 United States Medium Voltage Switchgear Market Overview, By Applications |
7.3.1 United States Medium Voltage Switchgear Market Revenue Share, By Applications (2021 & 2028F) |
7.3.2 United States Medium Voltage Switchgear Market Revenues, By Applications (2018-2028F) |
8. United States High Voltage Switchgear Market Overview |
8.1 United States High Voltage Switchgear Market Revenues (2018-2028F) |
8.2 United States High Voltage Switchgear Market Overview, By Insulation Types |
8.2.1 United States High Voltage Switchgear Market Revenue Share, By Insulation (2021 & 2028F) |
8.2.2 United States High Voltage Switchgear Market Revenues, By Insulation (2018-2028F) |
8.3 United States High Voltage Switchgear Market Overview, By Application Types |
8.3.1 United States High Voltage Switchgear Market Revenue Share, By Application Types (2021 & 2028F) |
8.3.2 United States High Voltage Switchgear Market Revenues, By Application Types (2018-2028F) |
9. United States Switchgear Market Overview, By Applications |
9.1 United States Switchgear Market Revenues, By Residential Application (2018-2028F) |
9.2 United States Switchgear Market Revenues, By Commercial Application (2018-2028F) |
9.3 United States Switchgear Market Revenues, By Industrial Application (2018-2028F) |
9.4 United States Switchgear Market Revenues, By Power Utilities Application (2018-2028F) |
9.5 United States Switchgear Market Revenues, By Other Application (2018-2028F) |
10. United States Switchgear Market Key Performance Indicators |
11. United States Switchgear Market Opportunity Assessment |
11.1 United States Switchgear Market Opportunity Assessment, By Voltage (2028F) |
11.2 United States Switchgear Market Opportunity Assessment, By Applications (2028F) |
12. United States Switchgear Market Competitive Landscape |
12.1 United States Switchgear Market Revenue Share, By Voltage, By Company (2021) |
12.2 United States Switchgear Market Competitive Benchmarking, By Technical Parameters |
12.3 United States Switchgear Market Competitive Benchmarking, By Operational Parameters |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |
Market Forecast By Voltage (Low Voltage (By Type (MCB, MCCB, ACB & Others ), By Application (Residential, Commercial, Industrial, Power Utilities & Others)), Medium Voltage(By Application(Residential, Commercial, Industrial, Power Utilities &Others), By Insulation Type (Air Insulated Switchgear & Other Insulated Switchgear)), High voltage Switchgear (By Application(Residential, Commercial, Industrial, Power Utilities & Others)), By Insulation Type (Air Insulated Switchgear, Other Insulated Switchgear)), By Applications (Residential, Commercial, Industrial, Power Utilities & others ) And Competitive Landscape.
Product Code: ETC001492 | Publication Date: Apr 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 45 | No. of Tables: 1 |
United States Switchgear Market developments include introduction of advanced air-insulated switchgears. The more efficient gas-insulated switchgears are adopted in oil & gas, power and transportation sectors. Government initiatives for refurbishment and replacement of existing power infrastructure and increasing demand for cost-efficient technology will help to develop the market.
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Factors such as increasing expenditure towards infrastructural development along with regulatory measures for the expansion of electricity networks across grid isolated areas would spur the growth of the switchgear market in the United States. Additionally, rising power demand and growing concern towards the enhancement of the conventional power grid would propel the switchgear market growth in the country over the coming years
According to 6Wresearch, United States Switchgear Market size is projected to grow at a CAGR of 6.6% during 2019-2025. The inclination towards energy efficiency along with rising concern towards the integration of diverse frequency transmission links would boost the growth of the switchgear market in the country. Along with this, government initiatives for refurbishment and replacement of existing power infrastructure and increasing demand for cost-efficient technology, adds on to the US switchgear market Share.
The low voltage switchgear is expected to acquire the highest market share over the coming years as they are used in a wide range of applications for protecting the electric circuit against power fluctuations. Additionally, rising demand from smart grids would drive the low voltage switchgear market growth in the United States.
United States switchgear market report thoroughly covers the market by voltage and applications. The United States switchgear market outlook report provides an unbiased and detailed analysis of the on-going United States switchgear market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Switchgear is no doubt, a utility and easily and highly consumed product across the United States. With an increase in the power demand across the commercial and residential sector, the power and utility sector are facing a competitive phase with regard to the production of such devices that tend to support high-end and efficient electricity usage. The evolution of switchgear has been proven evident on the face of an increase the hunger for efficiency in the power and utility in the residential and across varied commercial buildings. This increased demand for power is posing a huge growth in the demand patterns for switchgear and as a result, the market is expected to be benefited from a sound growth in the foreseeable future.
Surging demand for effectively controlling and monitoring systems is proliferating the growth of the US Switchgear industry. Refurbishment of the convectional electrical network which with the growing integration of smart grid is driving the development of the market.
The United States switchgear market report provides a detailed analysis of the following market segments: