The global pad mounted switchgear market is anticipated to grow significantly at a CAGR of 5.7% over the forecast period (2022-2028). The players operating in the pad mounted switchgear market are contributing to fulfill the growing demand of the global pad mounted switchgear market by adoptiong marketing strategies such as new product launch, business expansion and collaboration. For instance, in September 2021 in April 2021, EPI has received orders to design and develop the first 10,000-amp NEMA 3R bussed secondary pad mounted enclousers for use in the CPSB Energy grid. NEMA 3R Secondary Bussed Enclosures are a part of group of electrical distribution products commonly referred to as ’Switchgear’, which are predominantly used at the point of ‘ Main Electrical Entry’ on a large energy use buildings. Moreover, in February 2020, Eaton, and Abunayyan has formed a joint venture named Eaton Arabia to make low and medium voltage switchgear in the Middle East. Further, in January 2020, C&S Electric has acquired by Siemen to create the India’s second largest player in the low voltage switchgear market. Moreover, both the company focusing on exports of low voltage switchgear and will achieve a significant thrust in the coming years as a results of a consolidation in the industry.
Browse the full report description of “Pad Mounted Switchgear Market Size, Share & Trends Analysis Report By Medium (Air, Gas, Fluid, and solid) By Voltage (15 kV, 15–25 kV, and 25–38 kV) By Application (Industrial, Commercial, and Residential) Forecast 2022-2028” at https://www.omrglobal.com/industry-reports/pad-mounted-switchgear-market
Moreover, in July 2019, Eaton has acquired Innovative Switchgear Soltution, Inc., to strengthen the portfolio of the company by adding medium-voltage switchgear solutions, the solid dielectric underground switchgear products of the innovative switchgear solution, provides a compact, low maintenance, highly configurable solution that assists to overcome the challenges faced by customers.
Market Coverage
• The market number available for – 2022-2028
• Base year- 2021
• Forecast period- 2021-2028
• Segment Covered- by medium,by voltage, by application
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- ABB Lt., AZZ Inc., Mitsubishi Electric Corp., Powell Industries, Schneider Electric, Electro-Mechanical, KDM Steel, Korea International Trade Association, and others.
• Key questions addressed by the report
• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Pad Mounted Switchgear Market– Segmentation
By Medium
• Air
• Gas
• Fluid
• Solid
By Voltage
• 15kV
• 15–25 kV
• 25–38 kV
By Application
• Industrial
• Residential
• Commercial
Global Pad Mounted Switchgear Market by Region
North America
• US
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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