The Asia Pacific Pad–Mounted Switchgear Market would witness market growth of 5.8% CAGR during the forecast period (2023-2029).
Market expansion for pad-mounted switchgear is expected to be aided by the change in the adoption of underground distribution systems in developing economies and the strict environmental rules placed on the usage of SF6 in both developed and developing nations. In metropolitan and densely populated areas, underground or subsurface distribution systems are increasingly used. As a result of the widespread use of renewable energy, distribution network investments are increasing.
The ability of pad-mounted switchgear to transfer high voltages with minimal voltage drop at the places where power leaves and enters a system makes it a common sight in industrial applications. Industrial pad-mounted switches are made to be more durable and to withstand higher working temperatures than consumer products.
These devices can be used in locations with high levels of dust or corrosive environments, such as substations that provide electricity to a variety of customers, including homes, businesses, and other establishments. These are fixed points and may also require movement from one location to another, thus the term "mobile station type." Typically, they are divided into three major sections: feeders (wires that transport power from external sources), panels (switchboards), and buses (cable groups responsible for electricity distribution within a building).
The Asia Pacific is expected to experience rapid demand for pad-mounted switchgear due to rising plans for power generation capacity, rising demand for aging transmission & distribution networks to be replaced or upgraded, and rising electricity demand, especially in China and India, as a result of rapidly rising industrial and infrastructure development activities. Due to the exceptional economic growth in China as well as factors like the quick urbanization and industrialization of electricity, there has been a high rate of electricity consumption. In 2021, the main energy usage climbed and exceeded 165 quad btu. China's utilities and governments are creating new generation projects, notably those utilizing renewable energy, to meet the country's expanding need for electricity. Therefore, the region presents lucrative growth opportunities for the market in the coming years.
The China market dominated the Asia Pacific Pad–Mounted Switchgear Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $604.8 million by 2029. The Japan market is estimated to grow a CAGR of 5.2% during (2023 - 2029). Additionally, The India market would experience a CAGR of 6.5% during (2023 - 2029).
Based on Type, the market is segmented into Gas-insulated, Air-insulated, Solid-Dielectric and Others. Based on Voltage, the market is segmented into 25 - 38 kV, 15 - 25 kV and Others. Based on Application, the market is segmented into Industrial, Commercial and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Pad-Mounted Switchgear Market is Projected to reach USD 7.3 Billion by 2029, at a CAGR of 5.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eaton Corporation PLC, ABB Ltd, Hubbell Incorporated, S&C Electric Company, Powell Industries, Inc., G&W Electric, Electro-Mechanical, LLC (Graycliff Partners LP), ENTEC Electric & Electronic Co. Ltd, NOJA Power Switchgear Pty. Ltd., and The International Electrical Products company (Al Tuwairqi Holding Co. ltd).
Scope of the Study
Market Segments Covered in the Report:
By Type
- Gas-insulated
- Air-insulated
- Solid-Dielectric
- Others
By Voltage
- 25 - 38 kV
- 15 - 25 kV
- Others
By Application
- Industrial
- Commercial
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Eaton Corporation PLC
- ABB Ltd
- Hubbell Incorporated
- S&C Electric Company
- Powell Industries, Inc.
- G&W Electric
- Electro-Mechanical, LLC (Graycliff Partners LP)
- ENTEC Electric & Electronic Co. Ltd
- NOJA Power Switchgear Pty. Ltd.
- The International Electrical Products company (Al Tuwairqi Holding Co. ltd)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Pad–Mounted Switchgear Market, by Type
1.4.2 Asia Pacific Pad–Mounted Switchgear Market, by Voltage
1.4.3 Asia Pacific Pad–Mounted Switchgear Market, by Application
1.4.4 Asia Pacific Pad–Mounted Switchgear Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis – Global
3.1 Market Share Analysis, 2022
Chapter 4. Asia Pacific Pad–Mounted Switchgear Market by Type
4.1 Asia Pacific Gas-insulated Market by Country
4.2 Asia Pacific Air-insulated Market by Country
4.3 Asia Pacific Solid-Dielectric Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Pad–Mounted Switchgear Market by Voltage
5.1 Asia Pacific 25 - 38 kV Market by Country
5.2 Asia Pacific 15 - 25 kV Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Pad–Mounted Switchgear Market by Application
6.1 Asia Pacific Industrial Market by Country
6.2 Asia Pacific Commercial Market by Country
6.3 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Pad–Mounted Switchgear Market by Country
7.1 China Pad–Mounted Switchgear Market
7.1.1 China Pad–Mounted Switchgear Market by Type
7.1.2 China Pad–Mounted Switchgear Market by Voltage
7.1.3 China Pad–Mounted Switchgear Market by Application
7.2 Japan Pad–Mounted Switchgear Market
7.2.1 Japan Pad–Mounted Switchgear Market by Type
7.2.2 Japan Pad–Mounted Switchgear Market by Voltage
7.2.3 Japan Pad–Mounted Switchgear Market by Application
7.3 India Pad–Mounted Switchgear Market
7.3.1 India Pad–Mounted Switchgear Market by Type
7.3.2 India Pad–Mounted Switchgear Market by Voltage
7.3.3 India Pad–Mounted Switchgear Market by Application
7.4 South Korea Pad–Mounted Switchgear Market
7.4.1 South Korea Pad–Mounted Switchgear Market by Type
7.4.2 South Korea Pad–Mounted Switchgear Market by Voltage
7.4.3 South Korea Pad–Mounted Switchgear Market by Application
7.5 Singapore Pad–Mounted Switchgear Market
7.5.1 Singapore Pad–Mounted Switchgear Market by Type
7.5.2 Singapore Pad–Mounted Switchgear Market by Voltage
7.5.3 Singapore Pad–Mounted Switchgear Market by Application
7.6 Malaysia Pad–Mounted Switchgear Market
7.6.1 Malaysia Pad–Mounted Switchgear Market by Type
7.6.2 Malaysia Pad–Mounted Switchgear Market by Voltage
7.6.3 Malaysia Pad–Mounted Switchgear Market by Application
7.7 Rest of Asia Pacific Pad–Mounted Switchgear Market
7.7.1 Rest of Asia Pacific Pad–Mounted Switchgear Market by Type
7.7.2 Rest of Asia Pacific Pad–Mounted Switchgear Market by Voltage
7.7.3 Rest of Asia Pacific Pad–Mounted Switchgear Market by Application
Chapter 8. Company Profiles
8.1 Eaton Corporation PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.1.6 Swot Analysis
8.2 ABB Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Hubbell Incorporated
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.4 S&C Electric Company
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Product Launches and Product Expansions:
8.4.2.2 Geographical Expansions:
8.5 Powell Industries, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research and Development Expense
8.6 G&W Electric
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Acquisition and Mergers:
8.7 Electro-Mechanical, LLC (Graycliff Partners LP)
8.7.1 Company Overview
8.8 ENTEC Electric & Electronic Co. Ltd.
8.8.1 Company Overview
8.9 NOJA Power Switchgear Pty. Ltd.
8.9.1 Company Overview
8.10. The International Electrical Products Company (Al Tuwairqi Holding Co. ltd)
8.10.1 Company Overview
TABLE 1 Asia Pacific Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Gas-insulated Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Gas-insulated Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Air-insulated Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Air-insulated Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Solid-Dielectric Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Solid-Dielectric Market by Country, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 15 Asia Pacific 25 - 38 kV Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific 25 - 38 kV Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific 15 - 25 kV Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific 15 - 25 kV Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 21 Asia Pacific Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 23 Asia Pacific Industrial Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Industrial Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Commercial Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Commercial Market by Country, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 29 Asia Pacific Pad–Mounted Switchgear Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Pad–Mounted Switchgear Market by Country, 2023 - 2029, USD Million
TABLE 31 China Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 32 China Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 33 China Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 34 China Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 35 China Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 36 China Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 37 China Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 38 China Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 39 Japan Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 40 Japan Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 41 Japan Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 42 Japan Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 43 Japan Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 44 Japan Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 45 Japan Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 46 Japan Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 47 India Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 48 India Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 49 India Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 50 India Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 51 India Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 52 India Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 53 India Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 54 India Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 55 South Korea Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 56 South Korea Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 57 South Korea Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 58 South Korea Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 59 South Korea Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 60 South Korea Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 61 South Korea Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 62 South Korea Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 63 Singapore Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 64 Singapore Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 65 Singapore Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 66 Singapore Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 67 Singapore Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 68 Singapore Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 69 Singapore Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 70 Singapore Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 71 Malaysia Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 72 Malaysia Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 73 Malaysia Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 74 Malaysia Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 75 Malaysia Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 76 Malaysia Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 77 Malaysia Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 78 Malaysia Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 79 Rest of Asia Pacific Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 80 Rest of Asia Pacific Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 81 Rest of Asia Pacific Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 83 Rest of Asia Pacific Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 84 Rest of Asia Pacific Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 85 Rest of Asia Pacific Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 86 Rest of Asia Pacific Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 87 key information – Eaton Corporation PLC
TABLE 88 Key Information – ABB Ltd
TABLE 89 Key Information – Hubbell Incorporated
TABLE 90 Key information – S&C Electric Company
TABLE 91 Key Information – Powell Industries, Inc.
TABLE 92 Key Information – G&W Electric
TABLE 93 Key Information – Electro-Mechanical, LLC
TABLE 94 Key Information – ENTEC ELECTRIC & ELECTRONIC Co. Ltd
TABLE 95 Key Information – NOJA Power Switchgear Pty Ltd
TABLE 96 Key Information – The International Electrical Products Company
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2022
FIG 3 SWOT Analysis: Eaton Corporation PLC
FIG 4 SWOT Analysis: ABB Ltd