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North America High Voltage Switchgear Market Share
Leading companies like ABB and Siemens maintain their dominance in the North America high voltage switchgear industry by capitalizing on their technological expertise, broad product portfolios, and extensive global presence. They offer innovative solutions, such as digital substations, which enable real-time monitoring, enhance automation, and support predictive maintenance—critical for maintaining grid stability and optimizing operational efficiency. With a strong focus on research and development, these industry leaders continually introduce advanced technologies that promote renewable energy integration and drive the adoption of smart grid solutions.
North America High Voltage Switchgear Market Companies
Major players operating in the North America high voltage switchgear industry are:
- ABB
- Bharat Heavy Electricals
- CG Power and Industrial Solutions
- E + I Engineering
- Eaton
- Fuji Electric
- General Electric
- HD Hyundai Electric
- Hitachi
- Hyosung Heavy Industries
- Lucy Group
- Mitsubishi Electric
- Ormazabal
- Schneider Electric
- Siemens
- Skema
- Toshiba
How big is the North America high voltage switchgear market?
The market size for high voltage switchgear in North America reached USD 429.9 million in 2024 and is projected to grow at a 6.1% CAGR from 2025 to 2034, led by increasing investments in power infrastructure modernization and renewable energy integration.
What is the size of the 36 kV voltage segment in the North America high voltage switchgear industry?
The 36 kV voltage segment is expected to surpass USD 309.8 million by 2034, supported by rising demand for medium-scale power distribution solutions in commercial, industrial, and utility applications.
How much is the U.S. high voltage switchgear market worth?
The U.S. market is anticipated to exceed USD 559.5 million by 2034, fueled by significant investments in upgrading aging electrical grids and the development of smart grid infrastructure.
Who are the major players in the North America high voltage switchgear industry?
The key players in the market include ABB, Bharat Heavy Electricals, CG Power and Industrial Solutions, E + I Engineering, Eaton, Fuji Electric, General Electric, HD Hyundai Electric, Hitachi, Hyosung Heavy Industries, Lucy Group, Mitsubishi Electric, Ormazabal, Schneider Electric, Siemens, Skema, and Toshiba.