Pad Mounted Switchgear Market Analysis & Forecast 2020 – 2027

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Pad Mounted Switchgear Market to Reach USD 10.10
Billion By 2026
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Market Summary
High reliability of underground distribution
systems, and growing TD (Transmission
distribution) services are the major factors
influencing market growth. Pad Mounted
Switchgear Market Size USD 4.70 billion in
2018, Market Growth - CAGR of 9.4, Market Trends
Global rise in demand for reliable underground
distribution systems.
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Our Approach
Market Summary

• The global Pad Mounted Switchgear Market is
  forecasted to reach USD 10.10 Billion by 2026,
  according to a new report by Reports and Data.
  This can be mainly associated with the high
  demand for reliable underground distribution
  systems. Growing TD (Transmission
  distribution) services is also expected to
  promote growth during the coming years. Other
  additional advantages include cross bus at the
  top of the enclosure for the comfort of
  inspection, and flexible modular design increases
  life cycle support including field upgrades and
  repairs. Besides, this switchgear is available in
  mild steel, aluminum or stainless steel
  construction and is also easily replaceable. The
  underground distribution system is increasing at
  a rapid rate due to the shift in trend.
  Continuous and constant power for optimum
  operation is also anticipated to drive market
  growth over the years.
• APAC pad mounted switchgear market is anticipated
  to grow at a CAGR of 9.5 during the forecast
  period. The increasing preference for underground
  distribution will spur the growth over the
  forecast period. Considerable TD network
  industrialization and expansion projects in this
  region are undoubtedly influencing the increase
  in demand of the market.
• Key participants include Entec Electric
  Electronic Co., GW Electric, Tiepco, Power Grid
  Solution Inc, Hubbel Incorporated, SC Electric
  Company, Trayer Engineering Corporation,
  Electronic Electrical Industries Corporation,
  Eaton Corporation and Federal Pacific.
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Our Approach
Market Summary

• Product Type Outlook (Volume, Thousand Units and
  Revenue, USD Million 2016-2026)
• PWE
• PWVE three-phase Reclosers
• General Kyle types PWE and PWVE padmounted
• Electronically controlled, three-phase automatic
  circuit reclosers
• Insulation type Outlook (Volume, Thousand Units
  and Revenue, USD Million 2016-2026)
• Solid
• Gas Insulated
• Air Insulated
• Others
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Our Approach
Market Summary

• Application Outlook (Volume, Thousand Units and
  Revenue, USD Million 2016-2026)
• Industrial
• Commercial
• Residential
• Voltage range Outlook (Volume, Thousand Units
  and Revenue, USD Million 2016-2026)
• 0-15 kV
• 16-25 kV
• Above 25 kV
• Regional Outlook (Volume, Thousand Units and
  Revenue, USD Million 2016-2026)
• North America
• Europe
• Asia Pacific
• Latin America
• MEA

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Our Approach
Market Summary

• Further key findings from the report suggest
• Air insulated pad-mounted switchgear segment
  accounts for a market share of 29.90 in 2018. It
  is due to its financial viability. In areas with
  ample space, air-insulated switchgear is the
  first choice due to its low-cost feature.
• Solid insulated switchgear market is anticipated
  to grow at a CAGR of 9.8 during the forecast
  period and when compared with oil insulated
  switch gears, it is considered as the first
  substitute.
• Solid insulators are mainly deployed for
  horizontal or vertical mounting, wet and
  corrosive environment, and are used in any
  desired altitude. Also, epoxy is environmentally
  safe and inert. Therefore, no EPA usage
  restrictions can be implied making it undoubtedly
  suitable in the industry.
• Growing Transmission distribution (TD)
  services should promote growth during the coming
  years. Also, high reliability of underground
  distribution systems is anticipated to be the
  principal factor for the growth of the market
  over the forecast period.
• Other additional advantages include cross bus at
  the top of the enclosure for the comfort of
  inspection, and flexible modular design increases
  life cycle support including field upgrades and
  repairs.
• Read More _at_ https//www.reportsanddata.com/report-
  detail/pad-mounted-switchgear-market

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Our Approach
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