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Air Insulated Switchgear Market

Jul 10, 2017

The report segments the air insulated switchgear market on the basis of application into transmission & distribution, manufacturing and processing, infrastructure and transportation, and others. Others include oil & gas, mining, and marine. The transmission & distribution sub-segment accounted for the largest market share in 2016. Air insulated switchgear are used for power generation, transmission, and distribution applications. This sub-segment is expected to grow at the highest CAGR during the forecast period, owing to increasing focus on renewable power generation and investments in T&D infrastructure.

The ecosystem of the global air insulated switchgear market starts with the raw material suppliers. The major raw materials used for manufacturing air insulated switchgear include aluminum, steel, resins, and insulating materials among others. The components are procured and assembled by manufacturers to form the final product that is air insulated switchgear. This stage is followed by the distribution stage, following which the product is provided to various end-users such as transmission & distribution, manufacturing & processing, and infrastructure & transportation, and other end-users (oil & gas, mining, and marine)