Switchgear Market

Switchgear Market - Global Market Share, Trends, Analysis and Forecast 2022 – 2032
Frequently asked questions about this report

The global Switchgear market was worth US$ 95.3 billion in 2020.

The global market for Switchgear will most likely expand at over 6.5% CAGR through 2031.

Asia Pacific is expected to account for the largest market size during the forecast period.

Major players operating in the global Switchgear market include Toshiba, Schneider Electric, ABB, GE, Mitsubishi Electric Systems, Siemens AG, Hitachi Ltd, Larson & Turbo, Crompton Greaves, Hubbell, Powell Industries, Rittal, BHEL, Hyosung, Hyundai Ideal Electric Co., Fuji Electric, Iljin Electric, Meidensha Corporation and Ormazabal.

The major applications of Switchgear include Utilities, Industrial, Residential and Commercial.