Aug 23, 2018   SOURCE: PR NewsWire

Global Switchgear Manufacturing Markets 2016-2018 & 2022 - Major Players are Schneider Electric, Siemens AG Toshiba Corporation, Mitsubishi Electric Corporation & ABB

DUBLIN, Aug. 23, 2018 /PRNewswire/ --

The "Switchgear Manufacturing: Global Markets to 2022" report has been added to ResearchAndMarkets.com's offering.

The market for switchgears manufacturing reached a value of nearly $85.4 billion in 2017 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% to nearly $118.0 billion by 2022.

Global switchgears market is registering strong growth due to increasing access to electricity in developing countries and rising investments in smart grid networks in developed economies. At the same time, emerging market growth, low interest rate environment, rapid urbanization, rising population, improving technology, growth in manufacturing industry and growth in renewable energy generation is driving the demand for switchgear products.

The market for switchgears manufacturing is concentrated with a few large players dominating the market. Major players in the market are Schneider Electric, Siemens AG Toshiba Corporation, Mitsubishi Electric Corporation, ABB and others. Major factors included economic growth, technological developments and high demand for switchgears from manufacturing and power generation and distribution companies.

China is the largest market in terms of value and in the switchgear manufacturing market. India and China are forecasted to have the fastest growth.

The market is challenged by restraints such as decline in stringent regulations, interest rate increases ad rising debts of utility companies.

Report Includes:

    --  An overview of the global switchgear manufacturing market
    --  Analyses of global market trends, with data from 2016 and 2017, and
        projections of compound annual growth rates (CAGRs) through 2022
    --  Characterization and quantification of the market potential for
        electrical switchgears by product types, which include low-voltage,
        medium-voltage and high-voltage switchgears
    --  Identify key trends, latest technological developments, and factors
        influencing the growth within the switchgear industry

    --  Elaboration on the influence of government regulations, current
        technology, and macroeconomic factors that will shape the marketplace

Key Mergers and Acquisitions in The Switchgear Maufacturing Market

    --  ABB Ltd. Acquired GE Industrial Solutions
    --  Toshiba Acquired Vijai Electricals
    --  AZZ Acquired Powergrid Solutions Inc. (PSI)
    --  Fuji Electric Acquired SMB Electric

Switchgear Manufacturing Market Customer Information

    --  Need for Installation of Seismometric Circuit Breakers in Japan
    --  Increased Rate of Deaths Due to Electrical Short Circuits
    --  Electrical Distribution Equipment Is One of The Major Causes of Home
        Fires
    --  Preventable Causes Account for Half of All Switchgear Failures
    --  Issues with Electric Fuses or Circuit Breakers

Key Topics Covered:

1. Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Currencies
Geographic Breakdown
Analyst's Credentials
Related Reports

2. Summary and Highlights

3. Switchgears Manufacturing Market Characteristics

4. Switchgears Manufacturing Market Size and Growth
Historic Market Growth
Drivers of the Market
Restraints on the Market
Forecast Market Growth
Drivers of the Market
Restraints on the Market

5. Switchgears Manufacturing Market Trends and Strategies
Arc-Resistant Switchgear for Workforce Safety
Switchgear Manufacturers Outsourcing Manufacturing To Small Scale Industries

6. PESTLE Analysis
Political
Economic
Emerging Markets
Globalization
Foreign Direct Investments
Economic Slowdown in Developed Countries
Social
Technological
Legal
Environmental

7. Switchgears Manufacturing Market Segmentation
Global Switchgear Manufacturing Market, By Segment
Global Switchgear Manufacturing Market, Historic and Forecast, By Segment, 2013-2022,
Low Voltage Switchgear Manufacturing Market
Market Characteristics
Market Trends and Strategies
Medium Voltage Switchgear Manufacturing Market
Market Characteristics
Market Trends and Strategies
High Voltage Switchgear Manufacturing Market
Market Trends and Strategies

8. Switchgear Manufacturing Market Regional and Country Analysis
Global Switchgear Manufacturing Market, By Region
Global Switchgear Manufacturing Market, 2013-2022, Historic and Forecast, By Region
Global Switchgear Manufacturing Market Segmentation, By Region,2017
Global Switchgear Manufacturing Market, By Country
Global Switchgear Manufacturing Market, Historic and Forecast, By Country
Global Switchgear Manufacturing Market Segmentation, 2017, By Country

9. Global Switchgear Manufacturing Market Comparison with Macro Economic Factors
Global Switchgear Manufacturing Market Size, Percentage Of GDP
Global Switchgear Manufacturing Market Size, Percentage Of GDP, By Country
Global Per Capita Average Switchgear Manufacturing Market Expenditure
Per Capita Average Switchgear Manufacturing Market Expenditure, By Country

22 Switchgear Manufacturing Market Competitive Landscape
Company Profiles
ABB LTD
MITSUBISHI ELECTRIC CORPORATION
SCHNEIDER ELECTRIC
SIEMENS AG
TOSHIBA CORPORATION

Companies Mentioned 

    --  Schneider Electric
    --  Siemens AG
    --  Toshiba Corporation
    --  Mitsubishi Electric Corporation
    --  Abb Ltd
    --  Eaton
    --  Bhel
    --  Larsen & Toubro
    --  Powell Industries Inc
    --  Crompton Greaves

For more information about this report visit https://www.researchandmarkets.com/research/7rrnns/global_switchgear?w=5

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SOURCE Research and Markets