Pad-Mounted Switchgear Market worth 6.3 Billion USD by 2020
The report “Pad-Mounted Switchgear Market by Type (Air insulated, Gas insulated, & others), by
Voltage Rating (0-15kV, 16-25kV, & above 25kV), by Application (Industrial, Commercial, &
Residential) & by Region - Global Trends & Forecast to 2020”, defines and segments the global Pad-
mounted Switchgear market with an analysis and forecast of the market size.
Pad-mounted Switchgear market is expected to grow from an estimated USD 4.07 Billion in 2015 to USD
6.3 Billion by 2020, at a CAGR of 9.1% from 2015 to 2020. Increasing T&D infrastructure investments
and growing trend toward undergrounding are driving the Pad-mounted Switchgear market for across the
globe.
The scope of the report
Market share analysis by revenue for key companies is included in the report. The scope accordingly aids
market participants to identify high growth markets and help managing key investment decisions. For this
report, major players in the Pad-mounted Switchgear market have been identified using various primary
and secondary sources, which include annual reports of top market players, interviews with key opinion
leaders such as CEOs, directors, and marketing people. Based on this research, the market shares have been
evaluated and validated.
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The major players of the market
To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of
the leading players in the Pad-mounted Switchgear market include Eaton Corporation plc(Ireland), G&W
Electric (U.S.), Hubbel Incorporated(U.S.), S&C Electric Company (U.S.), and Federal Pacific (U.S.)
among others. Dominant players are trying to penetrate developing economies and adopting various
methods to grab the market share.
Europe is the dominant market for pad-mounted switchgear
In this report, the Pad-mounted Switchgear market has been analyzed with respect to five regions, namely,
North America, Europe, Asia-Pacific, Middle East & Africa and South &Central America. Europe will
continue to dominate the market with increasing investment on T&D infrastructure and growing trend
towards placing electrical lines underground.
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Economic viability of Air insulated Pad-mounted Switchgear increases its market penetration
Amongst the two major type of pad-mounted switchgears, air insulated pad-mounted switchgear is more
used due to its economic viability. It currently holds nearly half of the total pad-mounted switchgear market.
In areas with extensive space, air insulated switchgears are the primary choice due to its low construction
costs. In this report, the air insulated switchgears have been further segmented by voltage ranges into 0-15
kV, 16-25KV, and above 25 kV.