The North America Pad–Mounted Switchgear Market would witness market growth of 4.9% CAGR during the forecast period (2023-2029).
Pad-mounted switchgear makes it easier to transmit energy, integrate power-producing facilities into the grid, and safeguard the distribution system by disconnecting it in dangerous circumstances. The establishment of an electrical substation in the load center is crucial. Building a substation near the load center is cost-effective and advantageous in many ways, so it is a good idea. The quality of voltage control improves when the length of the feeders is decreased and as a result of the shorter feeders. Yet lack of space is the biggest hindrance to installing a substation at the load center.
The principal load center of any site is often located in an exceedingly populated area where there is very little land available to establish a traditional electrical substation. This is the case in almost every location. Pad-mounted switchgear technology can be used to overcome this issue. With this kind of switchgear, all the required parts can be assembled in a relatively small area. GIS is a type of enclosed switchgear made of metal. It shows that all the electrical switchgear's constituents are shielded by gas-tight metal enclosures. SF6 gas or any other gas is used as an insulator between the live sections of the equipment and the earthed surface of the metal enclosure. From 12 KV to 800 KV systems, gas-insulated switchgear is offered.
Canada offers one of the cleanest electrical networks in the world. The country has made significant investments in the capital in the power sector as part of its endeavor to modernize its infrastructure. Increased industrialization, a change to a renewable and sustainable source of energy, and an increase in the number of industries developing effective means to transmit power over great distances would all benefit the market. Approximately 35 electrical transmission links connect the American and Canadian energy networks, resulting in a fully linked system. Therefore, the demand for pad-mounted switchgear will continue to increase throughout the forecast period.
The US market dominated the North America Pad–Mounted Switchgear Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,624.6 million by 2029. The Canada market is poised to grow at a CAGR of 7.3% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 6.3% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America Pad–Mounted Switchgear Market, by Type
1.4.2 North America Pad–Mounted Switchgear Market, by Voltage
1.4.3 North America Pad–Mounted Switchgear Market, by Application
1.4.4 North America 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. North America Pad–Mounted Switchgear Market by Type
4.1 North America Gas-insulated Market by Country
4.2 North America Air-insulated Market by Country
4.3 North America Solid-Dielectric Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Pad–Mounted Switchgear Market by Voltage
5.1 North America 25 - 38 kV Market by Country
5.2 North America 15 - 25 kV Market by Country
5.3 North America Others Market by Country
Chapter 6. North America Pad–Mounted Switchgear Market by Application
6.1 North America Industrial Market by Country
6.2 North America Commercial Market by Country
6.3 North America Others Market by Country
Chapter 7. North America Pad–Mounted Switchgear Market by Country
7.1 US Pad–Mounted Switchgear Market
7.1.1 US Pad–Mounted Switchgear Market by Type
7.1.2 US Pad–Mounted Switchgear Market by Voltage
7.1.3 US Pad–Mounted Switchgear Market by Application
7.2 Canada Pad–Mounted Switchgear Market
7.2.1 Canada Pad–Mounted Switchgear Market by Type
7.2.2 Canada Pad–Mounted Switchgear Market by Voltage
7.2.3 Canada Pad–Mounted Switchgear Market by Application
7.3 Mexico Pad–Mounted Switchgear Market
7.3.1 Mexico Pad–Mounted Switchgear Market by Type
7.3.2 Mexico Pad–Mounted Switchgear Market by Voltage
7.3.3 Mexico Pad–Mounted Switchgear Market by Application
7.4 Rest of North America Pad–Mounted Switchgear Market
7.4.1 Rest of North America Pad–Mounted Switchgear Market by Type
7.4.2 Rest of North America Pad–Mounted Switchgear Market by Voltage
7.4.3 Rest of North America 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 North America Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 2 North America Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 3 North America Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 4 North America Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 5 North America Gas-insulated Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Gas-insulated Market by Country, 2023 - 2029, USD Million
TABLE 7 North America Air-insulated Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Air-insulated Market by Country, 2023 - 2029, USD Million
TABLE 9 North America Solid-Dielectric Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Solid-Dielectric Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 13 North America Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 14 North America Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 15 North America 25 - 38 kV Market by Country, 2019 - 2022, USD Million
TABLE 16 North America 25 - 38 kV Market by Country, 2023 - 2029, USD Million
TABLE 17 North America 15 - 25 kV Market by Country, 2019 - 2022, USD Million
TABLE 18 North America 15 - 25 kV Market by Country, 2023 - 2029, USD Million
TABLE 19 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 21 North America Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 22 North America Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 23 North America Industrial Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Industrial Market by Country, 2023 - 2029, USD Million
TABLE 25 North America Commercial Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Commercial Market by Country, 2023 - 2029, USD Million
TABLE 27 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 29 North America Pad–Mounted Switchgear Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Pad–Mounted Switchgear Market by Country, 2023 - 2029, USD Million
TABLE 31 US Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 32 US Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 33 US Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 34 US Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 35 US Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 36 US Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 37 US Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 38 US Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 39 Canada Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 40 Canada Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 41 Canada Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 42 Canada Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 43 Canada Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 44 Canada Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 45 Canada Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 46 Canada Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 47 Mexico Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 48 Mexico Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 49 Mexico Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 50 Mexico Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 51 Mexico Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 52 Mexico Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 53 Mexico Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 54 Mexico Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 55 Rest of North America Pad–Mounted Switchgear Market, 2019 - 2022, USD Million
TABLE 56 Rest of North America Pad–Mounted Switchgear Market, 2023 - 2029, USD Million
TABLE 57 Rest of North America Pad–Mounted Switchgear Market by Type, 2019 - 2022, USD Million
TABLE 58 Rest of North America Pad–Mounted Switchgear Market by Type, 2023 - 2029, USD Million
TABLE 59 Rest of North America Pad–Mounted Switchgear Market by Voltage, 2019 - 2022, USD Million
TABLE 60 Rest of North America Pad–Mounted Switchgear Market by Voltage, 2023 - 2029, USD Million
TABLE 61 Rest of North America Pad–Mounted Switchgear Market by Application, 2019 - 2022, USD Million
TABLE 62 Rest of North America Pad–Mounted Switchgear Market by Application, 2023 - 2029, USD Million
TABLE 63 key information – Eaton Corporation PLC
TABLE 64 Key Information – ABB Ltd
TABLE 65 Key Information – Hubbell Incorporated
TABLE 66 Key information – S&C Electric Company
TABLE 67 Key Information – Powell Industries, Inc.
TABLE 68 Key Information – G&W Electric
TABLE 69 Key Information – Electro-Mechanical, LLC
TABLE 70 Key Information – ENTEC ELECTRIC & ELECTRONIC Co. Ltd
TABLE 71 Key Information – NOJA Power Switchgear Pty Ltd
TABLE 72 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