The Latin America, Middle East and Africa Switchgear Monitoring System Market would witness market growth of 9.6% CAGR during the forecast period (2023-2030).
Utilities and power generation companies utilize switchgear monitoring systems to manage and monitor electrical networks. These systems enhance the reliability of power generation and distribution by providing insights into the condition of switchgear components and facilitating timely maintenance. The oil and gas industry relies on switchgear monitoring systems to ensure the uninterrupted operation of critical equipment, such as pumps, compressors, and control systems. These systems contribute to the safety and reliability of electrical infrastructure in remote and challenging environments. Switchgear monitoring systems are applied in transportation infrastructure, including railways and airports, to ensure the reliable operation of electrical systems that power signalling, lighting, and other critical components. Monitoring helps prevent disruptions and ensures the safety of transportation networks.
Switchgear monitoring systems, including solar and wind farms, are integral to renewable energy plants. They help monitor and control the distribution of power generated by renewable sources, ensuring the electrical grid's stability, and facilitating the integration of clean energy into existing systems. Large commercial buildings, such as office complexes, shopping malls, and data centers, leverage switchgear monitoring systems to maintain a reliable power supply. These systems optimize energy usage, prevent electrical failures, and ensure uninterrupted operations in critical environments.
Saudi Arabia has placed ACWA Power in its Vision 2030 goal of eliminating oil from its power generation strategy. Saudi Arabia intends to generate 50 percent of its electricity from renewable sources and 50 percent from gas by 2030. Due to these aspects, the switchgear monitoring system market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Switchgear Monitoring System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $72.5 million by 2030. The Argentina market is showcasing a CAGR of 10.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.3% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Switchgear Monitoring System Market is Projected to reach USD 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 4 LAMEA Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 5 LAMEA Hardware Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Hardware Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Software Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 10 LAMEA Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 11 LAMEA High & extra High Voltage Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA High & extra High Voltage Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Medium Voltage Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Medium Voltage Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Low Voltage Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Low Voltage Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 18 LAMEA Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 19 LAMEA Temperature Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Temperature Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Gas Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Gas Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Partial Discharge Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Partial Discharge Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 28 LAMEA Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 29 LAMEA Gas Insulated Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Gas Insulated Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Air Insulated Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Air Insulated Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 34 LAMEA Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 35 LAMEA Utilities Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Utilities Market by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Commercial Market by Country, 2023 - 2030, USD Million
TABLE 41 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Switchgear Monitoring System Market by Country, 2019 - 2022, USD Million
TABLE 44 LAMEA Switchgear Monitoring System Market by Country, 2023 - 2030, USD Million
TABLE 45 Brazil Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 46 Brazil Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 47 Brazil Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 48 Brazil Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 49 Brazil Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 50 Brazil Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 51 Brazil Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 52 Brazil Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 53 Brazil Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 54 Brazil Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 55 Brazil Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 56 Brazil Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 57 Argentina Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 58 Argentina Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 59 Argentina Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 60 Argentina Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 61 Argentina Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 62 Argentina Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 63 Argentina Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 64 Argentina Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 65 Argentina Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 66 Argentina Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 67 Argentina Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 68 Argentina Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 69 UAE Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 70 UAE Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 71 UAE Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 72 UAE Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 73 UAE Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 74 UAE Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 75 UAE Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 76 UAE Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 77 UAE Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 78 UAE Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 79 UAE Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 80 UAE Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 81 Saudi Arabia Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 82 Saudi Arabia Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 83 Saudi Arabia Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 84 Saudi Arabia Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 85 Saudi Arabia Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 86 Saudi Arabia Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 87 Saudi Arabia Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 88 Saudi Arabia Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 89 Saudi Arabia Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 90 Saudi Arabia Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 91 Saudi Arabia Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 92 Saudi Arabia Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 93 South Africa Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 94 South Africa Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 95 South Africa Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 96 South Africa Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 97 South Africa Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 98 South Africa Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 99 South Africa Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 100 South Africa Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 101 South Africa Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 102 South Africa Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 103 South Africa Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 104 South Africa Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 105 Nigeria Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 106 Nigeria Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 107 Nigeria Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 108 Nigeria Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 109 Nigeria Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 110 Nigeria Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 111 Nigeria Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 112 Nigeria Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 113 Nigeria Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 114 Nigeria Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 115 Nigeria Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 116 Nigeria Switchgear Monitoring System Market by End User, 2023 - 2030, USD Million
TABLE 117 Rest of LAMEA Switchgear Monitoring System Market, 2019 - 2022, USD Million
TABLE 118 Rest of LAMEA Switchgear Monitoring System Market, 2023 - 2030, USD Million
TABLE 119 Rest of LAMEA Switchgear Monitoring System Market by Component, 2019 - 2022, USD Million
TABLE 120 Rest of LAMEA Switchgear Monitoring System Market by Component, 2023 - 2030, USD Million
TABLE 121 Rest of LAMEA Switchgear Monitoring System Market by Voltage, 2019 - 2022, USD Million
TABLE 122 Rest of LAMEA Switchgear Monitoring System Market by Voltage, 2023 - 2030, USD Million
TABLE 123 Rest of LAMEA Switchgear Monitoring System Market by Services, 2019 - 2022, USD Million
TABLE 124 Rest of LAMEA Switchgear Monitoring System Market by Services, 2023 - 2030, USD Million
TABLE 125 Rest of LAMEA Switchgear Monitoring System Market by Type, 2019 - 2022, USD Million
TABLE 126 Rest of LAMEA Switchgear Monitoring System Market by Type, 2023 - 2030, USD Million
TABLE 127 Rest of LAMEA Switchgear Monitoring System Market by End User, 2019 - 2022, USD Million
TABLE 128 Rest of LAMEA 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 LAMEA 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 LAMEA Switchgear Monitoring System Market Share by Component, 2022
FIG 7 LAMEA Switchgear Monitoring System Market Share by Component, 2030
FIG 8 LAMEA Switchgear Monitoring System Market by Component, 2019 - 2030, USD Million
FIG 9 LAMEA Switchgear Monitoring System Market Share by Voltage, 2022
FIG 10 LAMEA Switchgear Monitoring System Market Share by Voltage, 2030
FIG 11 LAMEA Switchgear Monitoring System Market by Voltage, 2019 - 2030, USD Million
FIG 12 LAMEA Switchgear Monitoring System Market Share by Services, 2022
FIG 13 LAMEA Switchgear Monitoring System Market Share by Services, 2030
FIG 14 LAMEA Switchgear Monitoring System Market by Services, 2019 - 2030, USD Million
FIG 15 LAMEA Switchgear Monitoring System Market Share by Type, 2022
FIG 16 LAMEA Switchgear Monitoring System Market Share by Type, 2030
FIG 17 LAMEA Switchgear Monitoring System Market by Type, 2019 - 2030, USD Million
FIG 18 LAMEA Switchgear Monitoring System Market Share by End User, 2022
FIG 19 LAMEA Switchgear Monitoring System Market Share by End User, 2030
FIG 20 LAMEA Switchgear Monitoring System Market by End User, 2019 - 2030, USD Million
FIG 21 LAMEA Switchgear Monitoring System Market Share by Country, 2022
FIG 22 LAMEA Switchgear Monitoring System Market Share by Country, 2030
FIG 23 LAMEA 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