Home > Energy & Power > Electrical Equipment > Switchgears > North America Air Insulated Switchgear Market

North America Air Insulated Switchgear Market Share

Report ID: GMI6914
Published Date: Oct 2023
Report Format: PDF

Download Free Sample

North America Air Insulated Switchgear Market Share

ABB holds a significant share in the North America air insulated switchgear industry and is well-recognized for its extensive expertise in engineering and manufacturing various switchgear types. This includes not only air insulated switchgear but also gas insulated switchgear and other related products. The company boasts a long and distinguished history deeply embedded in the transmission and distribution sector. Over the years, ABB has successfully provided switchgear solutions for a wide range of applications, encompassing commercial, industrial, and utility sectors.

Some of the key market players operating across the North America air insulated switchgear industry are:

ABB
Siemens
General Electric
Mitsubishi Heavy Industries, Ltd.
Hitachi Energy Ltd.
Schneider Electric
alfanar Group
Eaton
Chint Group
Toshiba Corporation
HD HYUNDAI ELECTRIC CO., LTD.
Powell Industries
Ormazabal
Lucy Electric Ltd.
Meidensha Corporation

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of air insulated switchgear in North America was worth USD 2.1 billion in 2023 and is anticipated to expand at 8.6% CAGR from 2024 to 2032, driven by the higher adoption of smart grid technologies in the region led by government initiatives.

North America air insulated switchgear market from the medium (> 3 kV to ? 36 kV) segment crossed USD 1 billion in revenue in 2022 and is projected to witness high demand through 2032, due to significant advancements in technology and extensive expansion of commercial establishments.

North America air insulated switchgear industry from the residential application is poised to expand at over 6.9% CAGR from 2023 to 2032, owing to the increasing mining and metal extraction activities along with the heightened demand for electricity networks.

Some major air insulated switchgears companies are General Electric, ABB, Siemens, Hitachi Energy Ltd., Mitsubishi Heavy Industries, Ltd., alfanar Group, Schneider Electric, Eaton, Toshiba Corporation, HD HYUNDAI ELECTRIC CO., LTD., Powell Industries, and Meidensha Corporation, among others.