The pad mounted switchgear is
used for undergroung electricity distribution systems. Air insulation and gas
insualtion are the primarily used types of pad mounted switchgear. Such switchgears
are used for feeder sectionalizing, load switching, utility distribution, fault
interruption, and circuit protection applications, which makes them, a
preffered solution in industrial and commercial applications. Furthermore, the pad
mounted switchgear are tamper-resistant and highly reliable. Due to such
advantages, the demand for pad mounted switchgear tends to increase during the
forecast period.
The growing demand for pad
mounted switchgear is attributed to the industrialization, especially in
developing countries, such as China and India. Pad mounted switchgear are deployed
primarily by the end users for safe and reliable supply of electricity for
underground systems. Moreover, factors such as tamper-resistant
construction and deployment in non-premium lands are likely to drive the pad
mounted switchgear market. Asia-Pacific is expected to witness a high growth in
pad mounted switchgears with the growing power generation capacity additions.
Prominent Players
The key players of the global pad mounted switchgear
market are ABB Ltd. (Switzerland), Schneider Electric SE (France), General
Electric (US), Siemens AG (Germany), Larsen & Toubro Limited (India), Eaton
Corporation, PLC (Ireland),G&W Electric (US), Toshiba Corporation (Japan),
Federal Pacific (US), Crompton Greaves, Ltd. (India), C&S Electric (India),
Ormazabal (Brazil), TEPCO Group (Japan), Lucy Electric (UK), and Alfanar Group
(Saudi Arabia).
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Industry Segmentation
The pad mounted switchgear market is segmented based
on end-use into industrial, commercial, and residential. The industrial segment
dominated the pad mounted switchgear market. The pad mounted switchgears are
primarily used in industries, such as oil & gas, paper & pulp, and
power generation. Such switchgears help industries in the efficient operation
of industrial distribution networks. The expansion of T&D networks and capacity
additions and are further expected to increase the demand for industrial pad
mounted switchgears.
Regional Outlook
Region wise, Europe held the largest share of the
global pad mounted switchgear market in 2018 owing to rising investments in the
upgrade of electrical infrastructure and focus on addition of power generation
capacities. The global pad mounted switchgear market in Europe is dominated by
the UK due to the rising transmission & distribution investments in the
country. Furthermore, Asia-Pacific is expected to be the fastest growing market
during the forecast period, mainly due to the rising investments into power
generation capacity additions and transmission and distribution infrastructure.
Scope of the Report
This research report provides insights into various
levels of analysis, such as industry analysis and market share analysis for the
leading industry competitors, along with their profiles. It also helps in
studying the target segments by providing views on the emerging &
high-growth segments. The market data comprises the basic assessment of the
competitive scenarios and strategies in the global pad mounted switchgear
market, including high-growth regions and/or countries, and political and
economic environments. The project report further provides both – historical
market values and pricing & cost analysis
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