Deerfield Beach, FL — (PRESS RELEASE JET) — 09/13/2017 — The report covers forecast and analysis for the switchgear market  on a global and regional level. The study provides historic data of 2014 -2016 along with a forecast from 2017 to 2022 based on revenue (USD billion). The study includes drivers and restraints for the switchgear market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the switchgear market on a global level.

In order to give the users of this report a comprehensive view on the switchgear, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the switchgear market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate, and general attractiveness.

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The study provides a decisive view on the switchgear market by segmenting the market based on voltage, insulation and end users. All the application segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2022. Key voltage segments covered under this study include low voltage, medium voltage, and high voltage. On the basis of insulation, the market has been segmented into air, gas, oil, and vacuum. On the basis of end users, the market has been segmented into utilities, industrial, residential & commercial. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. This segmentation includes demand for switchgear based on individual applications in all the regions and countries.

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The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Some of the major players involved in the global switchgear market include ABB, Crompton Greaves, Larsen and Turbo, Schneider Electric, Siemens, GE, Eaton, Mitsubishi Electric Systems, Toshiba, Schneider Electric, Bharat Heavy Electrical Limited, Hubbell Power System inc. Rittal, Meidensha Corporation and Ormazabal.

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