Market Overview

Global Switchgear Market 2018-2022| Increase in Strategic Alliances Boosts Growth| Technavio


The global switchgear market is expected to post a CAGR of close to 8%
during the period 2018-2022, according to the latest market research
report by Technavio.

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Technavio has published a new market research report on the global switchgear market from 2018-2022. ...

Technavio has published a new market research report on the global switchgear market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the rise in building
construction activities. With the increasing focus on infrastructure
development, there is a growth in building construction activities
across the globe. Developed economies such as the US, Canada, and
countries in the European Union are focusing on improving their existing
infrastructure. Additionally, the developing countries such as China and
India are also witnessing the growth of the building construction

This market research report on the global
switchgear market 2018-2022
also provides an analysis of the
most important trends expected to impact the market outlook during the
forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights the increase in strategic alliances
as one of the key emerging trends in the global switchgear market:

Global switchgear market: Increase in strategic

The vendors are venturing into strategic alliances to enhance their
customer base and market reach due to the increasing demand for
switchgear from various end-users. Additionally, the intense competition
in the market will also compel established vendors to increase their
market presence through strategic alliances.

"To capture a major share of the global switchgear market and expand
their presence in new regions, several switchgear vendors are investing
extensively in joint ventures and acquisitions. The alliances of these
manufacturers have helped them in successfully launching their joint
says a senior analyst at Technavio for research on
semiconductor equipment.

Global switchgear market: Segmentation analysis

This market research report segments the global switchgear market by
voltage level (low and medium voltage and high voltage), by type (AIS
and GIS), and geography (the Americas, APAC, and EMEA).

APAC led the market in 2017 with more than 41% of the market share,
followed by EMEA and the Americas respectively. APAC is expected to
dominate the market throughout the period 2018-2022.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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