U.S. Switchgear Market Size - By Voltage, By Insulation, By Current, By Application Analysis, Share, Growth Forecast, 2025 – 2034

U.S. Switchgear Market Size

U.S. switchgear market size was valued at USD 17.8 billion in 2024 and is projected to witness a CAGR of 5.9% between 2025 and 2034. Investments in upgrading aging infrastructure are propelling demand for advanced switchgear. The focus is on improving grid reliability, reducing outages, and enhancing safety. Modern switchgear solutions with advanced fault detection, remote monitoring, and automation capabilities are increasingly deployed to strengthen grid resilience.
 

As the U.S. continues to expand renewable energy sources, including solar and wind, the need for switchgear that can manage variable power loads and support grid stability is rising. Switchgear systems that can seamlessly integrate with renewable energy sources are in high demand, especially for utility-scale projects.
 

The adoption of smart grids is boosting the demand for digital switchgear, which enables real-time monitoring, data analytics, and predictive maintenance. Digital switchgear systems with IoT and automation capabilities support efficient energy management, enhancing grid intelligence and reducing operational costs for utilities. With the increase in industrial and utility applications, there is a rising need for medium and high-voltage switchgear to handle larger power loads. High-voltage switchgear is essential for transmission and distribution networks, while medium-voltage systems are favored for industrial and commercial applications.
 

U.S. Switchgear Market Trends

Environmental regulations and corporate sustainability goals are driving the development of eco-friendly switchgear with reduced greenhouse gas emissions. Solutions that replace traditional SF6 gas with alternative, environmentally safe materials are gaining traction, aligning with efforts to lower the environmental impact of electrical equipment. The industrial and commercial sectors, including manufacturing, data centers, and commercial facilities, are increasingly investing in switchgear to support expansion and ensure reliable power distribution.
 

High demand from these sectors is expected to drive further market growth, with a focus on equipment reliability, safety, and operational efficiency. As switchgear systems become more digital and interconnected, protecting them from cyber threats is a growing priority. Manufacturers are incorporating cybersecurity features into digital switchgear solutions to safeguard critical infrastructure from potential cyberattacks.
 

U.S. Switchgear Market Analysis

The market is categorized by voltage type into low, medium, and high, with the low-voltage segment expected to exceed USD 16.2 billion by 2034. The push for energy-efficient solutions is leading to greater adoption of low voltage switchgear with smart technologies, such as IoT-enabled devices and remote monitoring systems. These digital features provide real-time data, allowing for predictive maintenance, improved energy management, and operational efficiency.
 

Upgrades to the national electrical grid are driving the demand for advanced low voltage switchgear to support new infrastructure. The focus on modernizing outdated equipment aims to improve grid stability, reduce maintenance costs, and enhance overall reliability, especially in densely populated urban areas.
 

The U.S. switchgear market is divided by application into residential, commercial & industrial, and utility sectors, with the utility segment anticipated to grow at a CAGR exceeding 5.3% through 2034. Aging infrastructure and the need for greater grid resilience are driving investments in advanced utility-scale switchgear. These systems are essential for ensuring reliable power distribution, improving fault tolerance, and reducing outages, making them a priority for utilities investing in robust grid solutions.
 

The rise of renewable energy sources, such as solar and wind, is significantly impacting utility-scale switchgear demand. Utility-scale switchgear with the capacity to handle variable power loads is increasingly deployed to integrate these intermittent power sources, maintain grid stability, and manage distributed generation.
 

U.S. Switchgear Market Share

ABB stands out as a prominent provider in the U.S. switchgear industry, delivering an extensive selection of electrical equipment that includes both standard and custom designs. With a solid foundation in the electrical industry, ABB consistently offers tailored bushing solutions to meet diverse application needs.
 

U.S. Switchgear Market Companies

Some of the key market players operating across the U.S. switchgear industry are:

• ABB
• CG Power and Industrial Solutions
• Chint Group
• E+I Engineering
• Eaton
• Fuji Electric
• General Electric
• Hitachi
• Hyosung Heavy Industries
• Hyundai Electric and Energy Systems
• Mitsubishi Electric
• Ormazabal
• Powell Industries
• Regal Rexnord
• Schneider Electric
• Siemens
   

U.S. Switchgear Industry News

• In January 2024, ABB introduced a 500 mm panel version of the UniGear ZS1, an advanced air-insulated medium-voltage switchgear. This switchgear incorporates thermoplastic components, replacing traditional non-recyclable composite insulation materials to reduce its environmental impact. This design supports ABB’s commitment to minimizing the environmental footprint of its products.
   

U.S. switchgear market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume & revenue in ‘000 Units & USD Million from 2021 to 2034, for the following segments:

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Market, By Voltage

• Low
• Medium
• High

Market, By Insulation

• Air
• Gas
• Oil
• Vacuum
• Others

Market, By Current

• AC
• DC

Market, By Application

• Residential
• Commercial & Industrial
• Utility