North America High Voltage Switchgear Market Size - By Voltage, By Installation, By Breaking Capacity, By Current, By Product, Analysis, Share, Forecast, 2025 - 2034

North America High Voltage Switchgear Market Size

The North America high voltage switchgear market size was valued at USD 429.9 million in 2024 and is estimated to grow at a CAGR 6.1% from 2025 to 2034, due to the increasing investments in power infrastructure modernization and renewable energy integration. Rising demand for reliable electricity supply, grid stability, and the need to replace aging infrastructure are key growth factors. Governments and utilities are emphasizing grid upgrades to accommodate renewable energy sources such as wind and solar, enhancing the demand for advanced switchgear systems.
 

Technological advancements, such as digital and gas-insulated switchgear, are gaining traction due to their space-saving designs, enhanced reliability, and reduced maintenance. The U.S. and Canada are leading markets, with significant investments in grid expansion projects. Additionally, the ongoing transition to smart grids and the adoption of automation in substations are fueling market expansion. The push for sustainable energy solutions, coupled with regulatory mandates for energy efficiency, is expected to further propel the market in the coming years.
 

North America High Voltage Switchgear Market Trends

Gas-insulated switchgear is gaining traction due to its compact design, enhanced reliability, and superior performance in harsh environments. GIS is particularly popular in urban areas where space constraints are critical. Its ability to withstand environmental challenges while offering minimal maintenance makes it a preferred choice for utilities and industrial applications. Digital switchgear equipped with advanced sensors, monitoring systems, and communication capabilities is transforming the market. These solutions enable real-time data analytics, predictive maintenance, and remote monitoring, enhancing grid reliability and reducing downtime.

Utilities are increasingly investing in smart switchgear to support the deployment of smart grids and automation in substations. As North America transitions to cleaner energy sources, the need for high voltage switchgear capable of handling intermittent power from renewables like wind and solar is growing. Grid modernization projects are underway across the U.S. and Canada to improve grid stability and efficiency, boosting the demand for advanced switchgear.
 

North America High Voltage Switchgear Market Analysis

Based on voltage, the 36 kV voltage segments is anticipated to surpass USD 309.8 million by 2034 owing to the increasing demand for medium-scale power distribution solutions in commercial, industrial, and utility applications. This voltage level is critical for bridging the gap between medium and high voltage applications, making it ideal for regional grid expansion projects, renewable energy integration, and industrial automation.
 

Based on installation, the indoor segment in the North America high voltage switchgear market is projected to achieve a CAGR of over 5.2% through 2034, since vacuum circuit breakers (VCBs) are highly efficient in extinguishing electrical arcs, making them ideal for high-voltage applications where rapid and reliable interruption of current is essential. This capability enhances system safety and reduces the risk of damage to equipment.
 

The U.S. high voltage switchgear market is projected to surpass USD 559.5 million by 2034 since the U.S. is heavily investing in upgrading its aging electrical grid to improve reliability, efficiency, and resilience. With much of the existing infrastructure nearing the end of its lifespan, there is a strong demand for advanced switchgear solutions that can enhance system stability and reduce maintenance costs. The U.S. is at the forefront of smart grid development, which requires advanced switchgear equipped with digital monitoring, automation, and communication capabilities.
 

Asia Pacific is experiencing significant growth in power generation to meet the rising electricity demand from its expanding population and industrial sectors. Countries like China, India, and Japan are heavily investing in renewable energy sources such as solar, wind, and hydropower. This drives demand for advanced switchgear to ensure efficient power distribution and grid stability. Rapid urbanization across emerging economies, particularly in India and Southeast Asia, is creating substantial demand for robust electrical infrastructure. New urban developments, including smart cities and industrial hubs, require modern switchgear solutions to manage growing electricity needs.
 

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
   

North America High Voltage Switchgear Industry News

• In April 2023, Siemens Smart Infrastructure launched the eco-conscious 8DAB 40 GIS. Designed for primary distribution networks of up to 40.5 kV, this switchgear employs "Clean Air" insulation with a GWP 1, ensuring environmental compatibility devoid of fluorinated gases. The new product expanded the company’s product offerings, strengthening its market position.
   

North America high voltage switchgear market research report includes in-depth coverage of the industry with estimates & forecast in terms of ‘USD Million’ and ‘000 Units’ from 2021 to 2034, for the following segments:

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Market, By Voltage

• 36 kV
• 72.5 kV
• 123 kV
• 145 kV

Market, By Installation

• Indoor
• Outdoor

Market, By Breaking Capacity

• 25 kA
• 31.5 kA
• 40 kA
• 50 kA
• 63 kA

Market, By Current

• 600 A
• 1200 A
• 2000 A
• 3150 A
• 4000 A

Market, By Product

• Dead Tank
• Live Tank
• GIS

The above information has been provided for the following countries:

• U.S.
• Canada
• Mexico