North America Air Insulated Switchgear Market Analysis

Based on voltage, the medium voltage segments is anticipated to surpass USD 2.8 billion by 2034, due to the increasing demand for medium voltage switchgear is primarily driven by the rapid expansion of industrial applications, infrastructure upgrades, and the growing adoption of renewable energy sources. Medium voltage AIS systems are ideal for applications in industrial plants, commercial buildings, and utility substations, where reliable and cost-effective solutions are essential. A significant driver of this growth is the ongoing modernization of the electrical grid, which includes replacing outdated equipment with more efficient, compact, and reliable systems.

The commercial and industrial segment in the North America air insulated switchgear market is projected to achieve a CAGR of over 8.8% through 2034, due to its significant role in supporting the rapid growth of the wind energy sector. As the region focuses on transitioning to renewable energy sources to meet sustainability goals, wind energy has emerged as a key player, especially in regions with favorable wind conditions such as the Great Plains and coastal areas. This transition is driving the demand for reliable electrical infrastructure, including AIS, which plays a crucial role in managing and distributing the electricity generated from wind farms.

The U.S. air insulated switchgear market is projected to surpass USD 2.9 billion by 2034, due to several key factors. One of the primary drivers is the ongoing modernization and expansion of Russia’s energy infrastructure. As the country continues to upgrade its aging power grids and increase its electricity transmission capacity, HV GIS solutions are favored due to their superior performance in high-demand environments. These systems offer enhanced reliability, compact design, and the ability to operate efficiently in harsh climatic conditions, making them ideal for Russia's vast and varied geography.