1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Switchgear Market Share, Regional Outlook & Forecast 2017 - 2024 Switchgear Market Size By Voltage (LV, MV, HV), By Insulation (Air, Gas, Oil, Vacuum), By Installation (Indoor, Outdoor), By Current (AC, DC), By End Use (Residential & Commercial, Industrial, Utilities), Industry Analysis Report, Regional Outlook, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Switchgear Market size will exceed USD 160 billion by 2024, as reported in the latest study by Global Market Insights, Inc.  Increasing investment towards infrastructure development subject to rapid commercialization and residential establishments across developing regions will foster the switchgear market size.  Refurbishment of aging electrical networks along with growing demand for advanced monitoring and control distribution systems will further embellish the business outlook. . In 2017, the Government of Serbia entered into a strategic partnership with the Government of China towards modernization of their existing infrastructure. Global Market Scenario of Switchgear

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com For Customization as per your requirement please click@ http://bit.ly/2u4DgW5 http://bit.ly/2u4DgW5 Russia Switchgear Market Size, By Insulation, 2016 (USD Billion)

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Vacuum insulation in 2016, accounted for over 50% of the switchgear market share owing to growing demand for industrial HVDC transmission networks. High insulation and di-electric strength coupled with cost competitive installation when compared to its counterparts will further stimulate the product demand. In 2017, Toshiba projected an investment of USD 30 million towards expansion of its transformers and switchgear manufacturing capacities across India. Products Insights

5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The U.S. switchgear market is projected to witness appreciable growth owing rising demand for refurbishment of aging electrical infrastructure coupled with increasing adoption of advance distribution networks. Rising investments across railroad infrastructure projects favored by government initiated peninsula corridor electrification program across the country will augment the industry landscape. In 2017, The U.S. Federal Transit Administration announced an investment of USD 100 million towards development of California’s rail networks under the San Carlos Peninsula Corridor Electrification Project.  Notable players across the switchgear market include ABB, EATON, GE, Mitsubishi Electric Systems, Schneider Electric, Toshiba, BHEL, Siemens, Crompton Greaves, Hitachi, Hubbell power systems, Powell Industries, Hyosung, Rittal, Fuji Electric, Hyundai Ideal Electric, Larson & Turbo, Iljin Electric and Ormazabal. Regional and Competitive Insights

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