Energy and Power Paralleling Switchgear Market Analysis | Page 2

Considering the global scenario, the Asia Pacific is predicted to expand at the highest CAGR, with China expected to be the major country-level market. The ever-increasing population, with heavy demand for energy, has resulted in an extraordinary growth for commercial, industrial, and residential infrastructure in the region. This has further resulted in the growth of the paralleling switchgear market in the APAC region. Emerging nations like China and India are likely to be the major markets for paralleling switchgear. These countries are highly investing in telecommunication, public infrastructure, manufacturing, and data centers, which is further triggering the demand from the paralleling switchgear market. Industry Updates June 2019: Russelectric is offering an emergency power system, which offers backup power during a utility power loss. The paralleling switchgear systems also provide manual backup capability, and redundant programmable logic controller (PLC) controls. Competitive Dashboard The top players operating in the global paralleling switchgear market comprises Caterpillar Inc. (U.S.), General Electric Company (U.S.), Rolls-Royce (MTU Onsite Energy) (U.K.), Cummins Inc. (U.S.), Pioneer Power Solutions. (U.S.), Kohler Co. (U.S.), Schneider Electric SE. (France), Regal Beloit Corporation (U.S.), Enercon Engineering, Inc. (U.S.), Advanced Power Technologies. (U.S.), Russelectric Inc. (U.S.), and Industrial Electric Mfg (U.S.). About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact: Market Research Future [phone] Email: [email protected]