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North America Air Insulated Switchgear Market Size
The North America air insulated switchgear market was valued at USD 2.3 billion in 2024 and is estimated to grow at a CAGR 8.5% from 2025 to 2034, due to increased demand for reliable and efficient electrical systems in various industries. The rise in renewable energy projects, such as wind and solar power installations, has boosted the need for advanced electrical infrastructure. AIS is favored for its cost-effectiveness, ease of maintenance, and compact design, making it ideal for urban and industrial applications. Additionally, ongoing infrastructure upgrades and the modernization of power grids across North America are driving the adoption of AIS solutions.
Government initiatives promoting smart grids and sustainable energy further support market expansion. The growing demand for safe, reliable, and energy-efficient systems in sectors such as utilities, commercial, and industrial applications is also contributing to the market's growth. Furthermore, technological advancements in AIS, including the integration of digital monitoring and control systems, are enhancing operational efficiency, further accelerating market expansion in the region.
Why is the medium voltage segment growing in the North America air insulated switchgear market?
The medium voltage segment is expected to surpass USD 2.8 billion by 2034, fueled by the rapid expansion of industrial applications, infrastructure upgrades, and the increasing adoption of renewable energy sources.
How big is the North America air insulated switchgear market?
The North America air insulated switchgear market was reached USD 2.3 billion in 2024 and is projected to grow at a CAGR of 8.5% from 2025 to 2034, driven by the rising demand for reliable and efficient electrical systems across industries.
What is the growth outlook for the commercial and industrial segment in the North America air insulated switchgear market?
The commercial and industrial segment is anticipated to achieve a CAGR of over 8.8% through 2034, supported by its critical role in the expansion of the wind energy sector and the growing focus on renewable energy integration.
What trends are influencing the U.S. air insulated switchgear market growth?
The U.S. air insulated switchgear market is projected to exceed USD 2.9 billion by 2034, led by the modernization and expansion of the country's energy infrastructure and the replacement of aging power grids with efficient systems.
Who are the major players in the North America air insulated switchgear market?
Key players in the industry include ABB, Bharat Heavy Electricals, CG Power and Industrial Solutions, E + I Engineering, Eaton, Fuji Electric, General Electric, HD Hyundai Electric, Hitachi, Lucy Group, Mitsubishi Electric, Ormazabal, Schneider Electric, Siemens, Skema, and Toshiba.