Medium Voltage Switchgear Market: Worldwide Industry Analysis and New Market Opportunities Explored

Key players in the global medium voltage switchgear market include Schneider Electric SE, General Electric, Siemens AG, and ABB. The medium voltage switchgear market is likely to provide a solid opportunity for new players in the coming years due to the rapidly growing demand for electrification in developing countries. However, established players are likely to retain a strong dominance in the global medium voltage switchgear market in the coming years.

According to Transparency Market Research (TMR), the global medium voltage switchgear market is expected to exhibit a robust 8.7% CAGR between 2017 and 2025. The market was valued at US$22.5 bn in 2017 and is expected to rise to a valuation of more than US$44 bn by 2025.

Obtain Report Details @

https://www.transparencymarketresearch.com/medium-voltage-switchgear-market.html

Asia Pacific held a leading share of around 40% in the global medium voltage switchgear market in 2017 and is likely to retain a dominant share in the market in the coming years due to the growing demand from developing economies such as China, India, Indonesia, Malaysia, Taiwan, Japan, and South Korea.

The Asia Pacific market for medium voltage switchgear is likely to exhibit a 9.5% CAGR from 2017 to 2025 and rise to a valuation of US$21.79 bn by the end of 2025. The medium voltage switchgear market is also likely to exhibit stable growth in the Middle East and Africa, with the regional market expected to display a 9% CAGR over the 2017-2025 forecast period.

Obtain Brochure Of Report @

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=29477

The global medium voltage switchgear market is segmented by voltage into 3kV-5kV, 6kV – 15kV, 17kV – 27kV, and 28kV – 40kV. Of these, the 6kV – 15kV switchgear segment held the largest market share in 2016 in terms of revenue generation. On the other hand, the 3kV – 5kV switchgear segment is expected to exhibit the most promising growth rate during the forecast period in terms of both value and volume.

The medium voltage switchgear market is dependent on the overall growth in adoption of electrical power distribution equipment in a region and is thus driven primarily by the rising demand for widespread electrification initiatives in emerging countries. The dominance of Asia Pacific in the global medium voltage switchgear market is based primarily on the unceasing demand for new electrification projects in developing countries where construction of urban infrastructure has become a top priority in recent years.

Get Sample Of Report @

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=29477

The growing adoption of smart grid technology across the world is an important driver for the global medium voltage switchgear market. Smart grid installations require precise control over various components of the electricity distribution system, making medium voltage switchgear essential to widening the reach of the technology. The increasing government interest in adopting smart grid technology in various parts of the world is thus likely to manifest in increased demand from the medium voltage switchgear market.

The information in this preview comes from a Transparency Market Research report titled ‘Medium Voltage Switchgear Market (Voltage - 3kV - 5kV, 6kV - 15kV, 17kV - 27kV and 28kV - 40Kv; Insulation - Air Insulated Switchgear and Gas Insulated Switchgear; End User - Power Plant, Commercial Sector, Oil, Gas and Petrochemical, Utility Sector, and Paper and Pulp Industry) - Global Industry Analysis, Trend, Size, Share and Forecast 2017 - 2025.’

Internet of Things Testing Market: Latest Trends and Forecast Analysis up to 2025

The Internet of things (IoT) represents a giant network of interconnected devices or things that are embedded in the existing internet infrastructure. These things can include a variety of objects such as electronics devices, vehicles, equipment, sensors, and consumer appliances. The concept may signify the sharing of data and information with people and animals connected to the infrastructure in near-real time. The proliferation of connected devices and the soaring popularity of IoT among enterprises in developed and developing nations have led to the pressing need for Internet of Things testing mechanisms. Developing an effective IoT testing mechanism foregrounds evaluating key aspects such as compatibility and usability of the interconnected devices, security of the network, the connectivity, and overall performance of the system. Furthermore, enterprises implementing IoT should take into account the integration of new devices and technologies with the existing network. A number

Low Power Display Market: Projection of Each Major Segment over the Forecast Period 2017 - 2025

Low power display technology is treated separately from our modern world. High resolution displays with low power are considered by many consumers to represent the low power display technology. The development in optoelectronics and nanotechnology has changed the low power display market . The low power display market consumes of less power than plasma technologies and cathode ray tube (CRT). Low-power features have become essential for liquid crystal displays (LCDs) due to environmental concerns. The technology that saves energy by decreasing the power consumption of the backlight unit in a display panel is considered in in low power display technology. A low refresh-rate technology was introduced in order to further minimize power consumption in the display panel. The low refresh-rate was achieved by employing oxide thin-film transistors (Ox-TFTs) with extremely low leakage currents. However, flicker may be visible due to the current leakage through the liquid crystal (LC

Noise Suppression Components Market: Granular View of The Market from Various End-Use Segments

Noise suppression refers to the methods of reducing and eliminating the effects of unwanted and undesirable sound effects and electrical disturbances which occurs when the level of signal carrier is greater than the noise level. Noise causes intrusion in many electrical devices. However, there are rules to suppress noise, because noise which does not affect a particular electrical device may affect some other electrical device. Further, an electronic device is known as ‘emission’ if it is itself the source of unwanted noise and it is referred to as immunity if the concerned electronic device is the victim of unwanted noise. Electromagnetic interference (EMI) and electromagnetic compatibility (EMC) has made the issue of noise suppression important. Some of the examples of noise suppression components are electromagnetic interference suppression filter which is an electronic component which provides electromagnetic noise suppression techniques for electronic goods. The function of the e

Research Blogs

Search This Blog