1. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Medium Voltage Switchgear Market Growth | Trends Analysis Report 2025

2. Global Market Scenario of Medium Voltage Switchgear Industry  Aesthetic proximity, diverse applicability and product versatility are key factors favouring the demand for protection devices which include disconnectors, switches and circuit breaker. Utilities and large-scale industrial establishments install high voltage electrical lines which require efficient electrical components to avoid surplus current interruptions which in turn will foster the product demand. In addition, stringent energy efficiency mandates favoured by expansion of grid integrated sustainable energy networks will further augment the MV switchgear market.  Metal enclosed medium voltage (MV) switchgear market is predicted to witness an annual installation of over 5,000 thousand units by 2025. Easy replacement, unique design & construction, safe & reliable operations and proper interlocking arrangement between various components are the few indispensable parameters nurturing the product demand. Furthermore, rising concerns to reduce electricity supply faults, fire hazards and short circuits and have further strengthened the business outlook.medium voltage (MV) switchgear market © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

3.  Vacuum insulated MV switchgear market in the current scenario, holds the majority share on account of higher consumer reliability and less competence from alternate insulation technologies. These products have gained impetus owing to their anti-leakage configurations, reliable & safe operations and optimum lifetime cost.  Although, these products involve higher initial costs in comparison to other manufactured insulation technologies however, consumer inclination & utility preference has favoured its deployment owing to lower maintenance costs and longer lifecycle. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

4. Medium Voltage Switchgear Market, By Voltage, 2018 & 2025 (USD Million) Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/medium-voltage-switchgear- market https://www.gminsights.com/industry-analysis/medium-voltage-switchgear- market

5.  In the recent years, switchgears owing to their diverse voltage ratings and varied applicability across transformer substations and power stations have gained significance, amplifying the global medium voltage switchgear market share. Furthermore, increasing electricity demand coupled with strict regulations to form an energy effective environment have integrated a favourable industrial scenario.  Rising inclination towards ensuring and conserving uninterrupted electricity supply, power stations have shifted their inclination towards smart & advanced technologies which in turn will further sway the industry landscape. 360° Industry Analysis © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

6. Industry Background

7. Competitive Analysis:  ABB  Siemens  GE  Mitsubishi  Schneider  Ormazabal  BHEL  CG  Chint group  Eaton  Hyosung  Hyundai Heay Industries  Lucy Electric  Powell  Toshiba Browse Complete Summary of this report @ https://www.gminsights.com/industry- analysis/medium-voltage-switchgear-markethttps://www.gminsights.com/industry- analysis/medium-voltage-switchgear-market © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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