The Europe Switchgear Monitoring System Market would witness market growth of 7.7% CAGR during the forecast period (2023-2030).
Switchgear monitoring systems use predictive analytics to assess the condition of components and predict when maintenance is required. This approach allows organizations to move from reactive to proactive maintenance strategies, reducing the likelihood of unexpected failures and optimizing maintenance schedules. Switchgear monitoring systems assist in monitoring electrical loads and balancing power distribution across different components. This ensures that no single component is overloaded, preventing overheating, and reducing the risk of equipment failure. These systems maintain comprehensive event logs, recording faults, alarms, and maintenance activities. Event logging facilitates post-incident analysis, compliance reporting, and documentation of system performance over time.
Switchgear monitoring systems often integrate with supervisory control and data acquisition (SCADA) systems. This integration enhances the overall visibility and control of the power distribution network, allowing for seamless communication and coordination with other devices and systems. Switchgear monitoring systems contribute to energy efficiency by providing insights into power consumption patterns and the performance of electrical components. Operators can identify areas for enhancement, adopt energy-saving measures, and optimize the system's overall energy efficiency. Furthermore, industries with high power consumption, such as manufacturing plants and refineries, deploy switchgear monitoring systems to manage and monitor electrical distribution within their facilities. These systems minimize downtime, improve operational efficiency, and ensure equipment and personnel safety.
The commercial sector in France is increasingly focused on energy efficiency and sustainability. A large commercial complex in Paris implements switchgear monitoring to optimize power usage, contributing to energy efficiency goals, and lowering operational costs. Switchgear monitoring systems support automated industrial processes, offering real-time insights and predictive maintenance and ensuring the reliability of electrical systems in smart manufacturing environments in France. The factors mentioned above will drive the regional market growth.
The Germany market dominated the Europe Switchgear Monitoring System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $196.4 million by 2030. The UK market is exhibiting a CAGR of 6.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8.5% during (2023 - 2030).
Based on Component, the market is segmented into Hardware, and Software. Based on Voltage, the market is segmented into High & extra High Voltage, Medium Voltage, and Low Voltage. Based on Services, the market is segmented into Temperature Monitoring, Gas Monitoring, Partial Discharge Monitoring, and Others. Based on Type, the market is segmented into Gas Insulated, and Air Insulated. Based on End User, the market is segmented into Utilities, Industrial, Commercial, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Switchgear Monitoring System Market will Hit $3.1 Billion by 2030, at a CAGR of 8.1%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Siemens Energy AG, ABB Group, Schneider Electric SE, Eaton Corporation PLC, General Electric Company, Mitsubishi Electric Corporation, Emerson Electric Co., OSENSA Innovations Corp., Doble Engineering Company (Esco Technologies Inc.), IPEC Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Voltage
- High & extra High Voltage
- Medium Voltage
- Low Voltage
By Services
- Temperature Monitoring
- Gas Monitoring
- Partial Discharge Monitoring
- Others
By Type
- Gas Insulated
- Air Insulated
By End User
- Utilities
- Industrial
- Commercial
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Siemens Energy AG
- ABB Group
- Schneider Electric SE
- Eaton Corporation PLC
- General Electric Company
- Mitsubishi Electric Corporation
- Emerson Electric Co.
- OSENSA Innovations Corp.
- Doble Engineering Company (Esco Technologies Inc.)
- IPEC Ltd.
TABLE 1 Europe Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 2 Europe Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 3 Europe Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 4 Europe Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 5 Europe Hardware Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Hardware Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Software Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Software Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 10 Europe Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 11 Europe High & extra High Voltage Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe High & extra High Voltage Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Medium Voltage Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Medium Voltage Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Low Voltage Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Low Voltage Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 18 Europe Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 19 Europe Temperature Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Temperature Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Gas Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Gas Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Partial Discharge Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Partial Discharge Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 28 Europe Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 29 Europe Gas Insulated Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Gas Insulated Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Air Insulated Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Air Insulated Market by Country, 2023 - 2030, USD Million
TABLE 33 Europe Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 34 Europe Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 35 Europe Utilities Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Utilities Market by Country, 2023 - 2030, USD Million
TABLE 37 Europe Industrial Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Industrial Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Commercial Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Commercial Market by Country, 2023 - 2030, USD Million
TABLE 41 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Switchgear Monitoring System Market by Country, 2019 - 2022, USD Million
TABLE 44 Europe Switchgear Monitoring System Market by Country, 2023 - 2030, USD Million
TABLE 45 Germany Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 46 Germany Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 47 Germany Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 48 Germany Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 49 Germany Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 50 Germany Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 51 Germany Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 52 Germany Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 53 Germany Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 54 Germany Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 55 Germany Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 56 Germany Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 57 UK Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 58 UK Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 59 UK Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 60 UK Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 61 UK Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 62 UK Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 63 UK Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 64 UK Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 65 UK Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 66 UK Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 67 UK Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 68 UK Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 69 France Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 70 France Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 71 France Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 72 France Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 73 France Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 74 France Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 75 France Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 76 France Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 77 France Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 78 France Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 79 France Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 80 France Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 81 Russia Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 82 Russia Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 83 Russia Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 84 Russia Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 85 Russia Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 86 Russia Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 87 Russia Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 88 Russia Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 89 Russia Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 90 Russia Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 91 Russia Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 92 Russia Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 93 Spain Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 94 Spain Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 95 Spain Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 96 Spain Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 97 Spain Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 98 Spain Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 99 Spain Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 100 Spain Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 101 Spain Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 102 Spain Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 103 Spain Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 104 Spain Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 105 Italy Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 106 Italy Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 107 Italy Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 108 Italy Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 109 Italy Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 110 Italy Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 111 Italy Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 112 Italy Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 113 Italy Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 114 Italy Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 115 Italy Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 116 Italy Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 117 Rest of Europe Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 118 Rest of Europe Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 119 Rest of Europe Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 120 Rest of Europe Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 121 Rest of Europe Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 122 Rest of Europe Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 123 Rest of Europe Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 124 Rest of Europe Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 125 Rest of Europe Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 126 Rest of Europe Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 127 Rest of Europe Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 128 Rest of Europe Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 129 Key Information – Siemens Energy AG
TABLE 130 Key Information – ABB Group
TABLE 131 Key Information – Schneider Electric SE
TABLE 132 Key Information – Eaton Corporation PLC
TABLE 133 Key Information – General Electric Company
TABLE 134 Key Information – Mitsubishi Electric Corporation
TABLE 135 Key Information – Emerson Electric Co.
TABLE 136 Key Information – OSENSA Innovations Corp.
TABLE 137 Key Information – Doble Engineering Company
TABLE 138 Key Information – IPEC Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Switchgear Monitoring System Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Switchgear Monitoring System Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis - Switchgear Monitoring System Market
FIG 6 Europe Switchgear Monitoring System Market Share by Component, 2022
FIG 7 Europe Switchgear Monitoring System Market Share by Component, 2030
FIG 8 Europe Switchgear Monitoring System Market by Component, 2019 - 2030, USD Million
FIG 9 Europe Switchgear Monitoring System Market Share by Voltage, 2022
FIG 10 Europe Switchgear Monitoring System Market Share by Voltage, 2030
FIG 11 Europe Switchgear Monitoring System Market by Voltage, 2019 - 2030, USD Million
FIG 12 Europe Switchgear Monitoring System Market Share by Services, 2022
FIG 13 Europe Switchgear Monitoring System Market Share by Services, 2030
FIG 14 Europe Switchgear Monitoring System Market by Services, 2019 - 2030, USD Million
FIG 15 Europe Switchgear Monitoring System Market Share by Type, 2022
FIG 16 Europe Switchgear Monitoring System Market Share by Type, 2030
FIG 17 Europe Switchgear Monitoring System Market by Type, 2019 - 2030, USD Million
FIG 18 Europe Switchgear Monitoring System Market Share by End User, 2022
FIG 19 Europe Switchgear Monitoring System Market Share by End User, 2030
FIG 20 Europe Switchgear Monitoring System Market by End User, 2019 - 2030, USD Million
FIG 21 Europe Switchgear Monitoring System Market Share by Country, 2022
FIG 22 Europe Switchgear Monitoring System Market Share by Country, 2030
FIG 23 Europe Switchgear Monitoring System Market by Country, 2019 - 2030, USD Million
FIG 24 SWOT Analysis: Siemens Energy AG
FIG 25 Recent strategies and developments: ABB Group
FIG 26 SWOT Analysis: ABB Group
FIG 27 Recent strategies and developments: Schneider Electric SE
FIG 28 SWOT Analysis: Schneider Electric SE
FIG 29 SWOT Analysis: Eaton Corporation PLC
FIG 30 SWOT Analysis: General electric (GE) Co.
FIG 31 SWOT Analysis: Mitsubishi Electric Corporation
FIG 32 Swot Analysis: EMERSON ELECTRIC CO.
FIG 33 Swot Analysis: OSENSA Innovations Corp.,
FIG 34 Swot Analysis: Doble Engineering Company