Albany, NY — (PRESS RELEASE JET) — 09/14/2017 — It has been noted that the renewal of age old electricity transmission and distribution networks across various parts of the world is catering the market for medium voltage switchgears. To study the trends in the coming years, a new study has been added to the vast database of Market Research Reports Search Engine (MRRSE). The report is titled “Medium Voltage Switchgear Market – Global Industry Analysis, Trend, Size, Share and Forecast 2017 – 2025”, which discusses the market growth as well as revenue consideration for the period between 2017 and 2025. Further, the market is analyzed on the basis of region, top players etc. to educate the readers in a precise manner.
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Switchgears are switching devices which are specially designed to regulate, control, and protect various types of power generation, distribution, and transmission equipment. These are also used to provide protection to different electric motor control systems fixed across various end user segments. The research study initiates with the research methodology and executive summary which includes key trends snapshot, regional market share, 2016 (revenue) and regional market share, 2016 (volume). These factors are needed to offer a quick review of the global medium voltage switchgears market. This section also encloses market dynamics which are projected to influence the overall sector in the near future. Readers can learn about drivers, restraints and opportunity analysis, together with market attractiveness analysis.
With an aim to provide an extensive analysis of the global medium voltage switchgear market, the report presents a market classification on the basis of voltage rating, insulation and end users. Based on different voltage ratings of medium voltage switchgears, the concerned market has been segmented into 3kV – 5kV, 6kV – 15kV, 17kV – 27kV and 28kV – 40kV. Furthermore, depending on the insulation material, the market is bifurcated into air insulated switchgear and gas insulated switchgear among others. Presently, the primary end users of the global medium voltage switchgear market are a power plant, commercial sector, utility sector, oil, gas and petrochemical and paper and pulp industry among others. It is quite crucial to define the geographical expanse for medium voltage switchgears; hence, a proper regional segmentation is targeted in this intelligent report. The primary market regions are Asia Pacific, North America, Europe, Middle-East and Africa (MEA) and Latin America.
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As the report concludes, the readers and upcoming investors can gain knowledge about the competitive landscape, which covers the market presence of the different established and local manufacturers. Some of the prominent medium voltage switchgear manufacturers studied in the report include ABB (Switzerland), Schneider Electric SE (France), Siemens AG (Germany) and General Electric (The U.S) among others.
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