Air Insulated Switchgear Market worth 8.41 Billion USD by 2022,at a CAGR of 4.68%.

The air insulated switchgear market is segmented based on voltage range into 3 kV–36 kV and >36 kV. The 3 kV–36 kV segment accounted for largest market size in 2016 and is anticipated to grow at the fastest growth rate from 2017 to 2022. The 3 kV–36 kV air insulated switchgear are used majorly for application such as power generation, infrastructure & transportation, manufacturing & processing, and distribution sector. While >36 kV air insulated switchgear are used for power transmission over long distances.

The global "Air Insulated Switchgear Market" is expected to grow at a CAGR of 4.68% from 2017 to 2022, to reach a market size of USD 8.41 Billion by 2022. This growth is attributed to growing investments in T&D infrastructure and low capital investment of air insulated switchgear. The report segments the air insulated switchgear market on the basis of installation into indoor and outdoor. The indoor segment is projected to rule the air insulated switchgear market and is anticipated to grow at the fastest rate through the forecast period.

The air insulated switchgear market has been analyzed with respect to six regions, namely, Asia-Pacific, Europe, North America, the Middle East, South America, and Africa. Asia-Pacific is projected to dominate the global air insulated switchgear market by 2022 and is expected to grow at the highest CAGR from 2017 to 2022. This growth is attributed to increasing power generation capacity, rise in T&D expenditure, and presence of manufacturing facilities in the region. China, India, and Southeast Asian countries are driving the air insulated switchgear market in the Asia-Pacific region.

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Target Audience:

• Air insulated switchgear manufacturers, distributors, and suppliers
• Consulting companies in the energy and power sector
• Government and research organizations
• Investors/shareholders
• Environmental research institutes
• Power industry associations
• Manufacturing industry
• Power generation companies
• State utilities and the private players involved in transmission & distribution  

Top Applications:

• Transmission & Distribution
• Manufacturing and Processing
• Infrastructure and Transportation
• Many Others

Leading players in the air insulated switchgear market include ABB (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), General Electric Company (U.S.), and Eaton Corporation PLC (Ireland).