Air Insulated Switchgear Market by Voltage Range (3 kV–36 kV and >36 kV), Application (Manufacturing & Processing, Transmission & Distribution, Infrastructure & Transportation), Installation (Outdoor, Indoor), and Region – Global Forecast to 2028

SKU: GMS1203

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OVERVIEW

Research by Global Market Studies has reported a CAGR of 4% for the Air Insulated Switchgear Market, expecting to expand to a value of USD 8,512 million by 2028. 

Air-insulated switchgear (AIS) refers to a type of electrical switchgear that uses atmospheric air as the insulation medium to isolate and control electrical equipment, such as circuit breakers, disconnect switches, and busbars, within a substation or power distribution system.

AIS is essential in electrical substations, power generation plants, industrial facilities, commercial buildings, utility grids, and railway systems for power distribution, ensuring reliable power distribution for various applications.

Market Dynamics

Drivers:

The growing energy demand, renewable energy integration, aging infrastructure replacement, urbanization, and infrastructure development are driving the need for efficient and reliable power distribution systems, including air-insulated switchgear. 

These systems enable the integration of intermittent energy sources like wind and solar power, modernize existing electrical systems, support new buildings and facilities, and comply with strict safety and environmental regulations. Governments and regulatory bodies are imposing stricter safety and environmental standards, encouraging industries to invest in reliable and environmentally friendly switchgear solutions. 

Resilience and grid reliability are crucial for preventing disruptions, and air-insulated switchgear contributes to the grid’s robustness by providing reliable switching and protection.

Opportunities:

Manufacturers offer advanced circuit breakers with features like remote monitoring, digital controls, and self-diagnostic capabilities for enhanced reliability and safety. Modular design allows for easy expansion and modification as power distribution system requirements change. 

Air-insulated switchgear often includes integrated protection systems, remote monitoring and control, customization options, and sustainable solutions. Manufacturers focus on using recyclable materials and reducing manufacturing processes to create more environmentally friendly solutions. 

Safety features include interlocking mechanisms, grounding switches, and arc-flash protection systems. Maintenance services ensure continued performance and reliability of switchgear solutions. Efficiency improvements aim to minimize energy losses, improve heat dissipation, and optimize distribution system efficiency. Some manufacturers provide comprehensive lifecycle management services, including installation, commissioning, maintenance, and eventual decommissioning.

Restraints:

Air-insulated switchgear faces several challenges, including space limitations, environmental impact, maintenance requirements, technological advancements, market competition, economic uncertainties, and regulatory changes. Space constraints in urban areas and limited land can pose significant challenges for air-insulated switchgear. Additionally, air-insulated switchgear uses atmospheric air as the insulation medium, which may result in greenhouse gas emissions during manufacturing. 

Frequent maintenance can lead to higher operational costs and potential downtime. Technological advancements, such as GIS and hybrid solutions, may challenge air-insulated switchgear’s market share. The competitive power distribution equipment market requires innovation to maintain market position. Economic uncertainties can influence investments in infrastructure projects, potentially leading to delayed or reduced installations. Finally, regulatory changes can impact the design and manufacturing processes of air-insulated switchgear, potentially leading to additional costs for compliance.

Regional Information:

North America: The region has a mature power distribution infrastructure, with a mix of aging systems requiring upgrades and new installations for renewable energy integration. Stringent safety and environmental regulations drive the need for reliable switchgear solutions.

Europe: Europe is actively transitioning to renewable energy sources and focusing on grid modernization. This drives the demand for air-insulated switchgear that can support the integration of renewables while ensuring grid reliability.

Asia-Pacific: Rapid industrialization, urbanization, and population growth in countries like China and India contribute to increased demand for power. Air-insulated switchgear finds applications in urban and rural electrification projects.

Recent Developments:

In August 2021, Schneider Electric launched GenieEvo Connected, a comprehensive, reliable switchgear range with unparalleled connectivity for asset health monitoring. GenieEvo connected, setting a new standard for primary air-insulated switchgear completely with 24/7 cloud-based service for efficient maintenance.

Key Players:

ABB Ltd, Siemens AG, Schneider Electric SE, Larsen & Toubro Limited, Alfanar Group.

Frequently Asked Questions

1) What is the projected market value of the Air Insulated Switchgear Market?

– The Air Insulated Switchgear Market is expected to reach a value of USD 8,512 million by 2028.

2) What is the estimated CAGR of the Air Insulated Switchgear Market over the 2023 to 2028 forecast period?

– The Air Insulated Switchgear Market is expected to grow at a CAGR of approximately 4% from 2023 to 2028.

3) Who are the key players in the Air Insulated Switchgear Market?

– ABB Ltd, Siemens AG, Schneider Electric SE, Larsen & Toubro Limited, Alfanar Group. 

4) What are the drivers for the Air Insulated Switchgear Market?

– Growing energy demand, renewable integration, and urbanization demand efficient, reliable power distribution systems, including air-insulated switchgear, for safety and environmental compliance.

5) What are the restraints and challenges in the Air Insulated Switchgear Market?

– Air-insulated switchgear faces challenges like space limitations, environmental impact, maintenance, technological advancements, market competition, economic uncertainties, and regulatory changes, affecting efficiency and cost-effectiveness.

6) What are the key applications and offerings of the Air Insulated Switchgear Market?

– AIS is essential in electrical substations, power generation plants, industrial facilities, commercial buildings, utility grids, and railway systems for power distribution, ensuring reliable power distribution for various applications.

7) Which region is expected to drive the market for the forecast period?

– Asia Pacific has the highest value share in the global market and is expected to dominate shares in forecast period.

Why Choose Us?

Insights into Market Trends: Global Market Studies reports provide valuable insights into market trends, including market size, segmentation, growth drivers, and market dynamics. This information helps clients make strategic decisions, such as product development, market positioning, and marketing strategies.

Competitor Analysis: Our reports provide detailed information about competitors, including their market share, product offerings, pricing, and competitive strategies. This data can be used to inform competitive strategies and to identify opportunities for growth and expansion.

Industry Forecasts: Our reports provide industry forecasts, which will inform your business strategies, such as investment decisions, production planning, and workforce planning. These forecasts can help you to prepare for future trends and to take advantage of growth opportunities.

Access to Industry Experts: Our solutions include contributions from industry experts, including analysts, consultants, and subject matter experts. This access to expert insights can be valuable for you to understand the market.

Time and Cost Savings: Our team at Global Market Studies can save you time and reduce the cost of conducting market research by providing comprehensive and up-to-date information in a single report, avoiding the need for additional market research efforts.

METHODOLOGY

At Global Market Studies, extensive research is done to create reports which have in-depth insights across all aspects of the market such as drivers, opportunities, challenges, restraints, market trends, regional insights, market segmentation, latest developments, key players for the forecast period. Multiple methods are used to derive both qualitative and quantitative information for the report:Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 1

PRIMARY RESEARCH

Through surveys and interviews, primary research is sourced mainly from experts from the core and related industry. It includes distributors, manufacturers, Directors, C-Level Executives and Managers, alliances certification organisations across various segments of the markets value chain. Both the supply-side and demand-side is interviewed.

Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 2

SECONDARY RESEARCH

Our sources of secondary research include Annual Reports, Journals, Press Releases, Company Websites, Paid Databases and our own Data Repository. They also include, investor presentations, certifies publications and articles by authorised regulatory bodies, trade directories and databases.

Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 3

MARKET SIZE ESTIMATION

After extensive secondary and primary research, both the Bottom-up and Top-down methods are used to analyse the data. In the Bottom-up Approach, Company revenues across multiple segments are gathered to derive the percentage split per market segment. From this the Segment wise market size is derived to give the Total Market Size. In the Top-down Approach the reverse method is used where the Total Market Size is first derived from primary sources and is split into Market Segment, Regional Split and so on.

Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 4Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 5

Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 6

DATA TRIANGULATION:

All statistics are collected through extensive secondary research and verified by interviews conducted with supply-side and demand-side in the primary research to ensure that both primary and secondary data percentages, statistics and findings corroborate.

Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 7

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OVERVIEW

Research by Global Market Studies has reported a CAGR of 4% for the Air Insulated Switchgear Market, expecting to expand to a value of USD 8,512 million by 2028. 

Air-insulated switchgear (AIS) refers to a type of electrical switchgear that uses atmospheric air as the insulation medium to isolate and control electrical equipment, such as circuit breakers, disconnect switches, and busbars, within a substation or power distribution system.

AIS is essential in electrical substations, power generation plants, industrial facilities, commercial buildings, utility grids, and railway systems for power distribution, ensuring reliable power distribution for various applications.

Market Dynamics

Drivers:

The growing energy demand, renewable energy integration, aging infrastructure replacement, urbanization, and infrastructure development are driving the need for efficient and reliable power distribution systems, including air-insulated switchgear. 

These systems enable the integration of intermittent energy sources like wind and solar power, modernize existing electrical systems, support new buildings and facilities, and comply with strict safety and environmental regulations. Governments and regulatory bodies are imposing stricter safety and environmental standards, encouraging industries to invest in reliable and environmentally friendly switchgear solutions. 

Resilience and grid reliability are crucial for preventing disruptions, and air-insulated switchgear contributes to the grid’s robustness by providing reliable switching and protection.

Opportunities:

Manufacturers offer advanced circuit breakers with features like remote monitoring, digital controls, and self-diagnostic capabilities for enhanced reliability and safety. Modular design allows for easy expansion and modification as power distribution system requirements change. 

Air-insulated switchgear often includes integrated protection systems, remote monitoring and control, customization options, and sustainable solutions. Manufacturers focus on using recyclable materials and reducing manufacturing processes to create more environmentally friendly solutions. 

Safety features include interlocking mechanisms, grounding switches, and arc-flash protection systems. Maintenance services ensure continued performance and reliability of switchgear solutions. Efficiency improvements aim to minimize energy losses, improve heat dissipation, and optimize distribution system efficiency. Some manufacturers provide comprehensive lifecycle management services, including installation, commissioning, maintenance, and eventual decommissioning.

Restraints:

Air-insulated switchgear faces several challenges, including space limitations, environmental impact, maintenance requirements, technological advancements, market competition, economic uncertainties, and regulatory changes. Space constraints in urban areas and limited land can pose significant challenges for air-insulated switchgear. Additionally, air-insulated switchgear uses atmospheric air as the insulation medium, which may result in greenhouse gas emissions during manufacturing. 

Frequent maintenance can lead to higher operational costs and potential downtime. Technological advancements, such as GIS and hybrid solutions, may challenge air-insulated switchgear’s market share. The competitive power distribution equipment market requires innovation to maintain market position. Economic uncertainties can influence investments in infrastructure projects, potentially leading to delayed or reduced installations. Finally, regulatory changes can impact the design and manufacturing processes of air-insulated switchgear, potentially leading to additional costs for compliance.

Regional Information:

North America: The region has a mature power distribution infrastructure, with a mix of aging systems requiring upgrades and new installations for renewable energy integration. Stringent safety and environmental regulations drive the need for reliable switchgear solutions.

Europe: Europe is actively transitioning to renewable energy sources and focusing on grid modernization. This drives the demand for air-insulated switchgear that can support the integration of renewables while ensuring grid reliability.

Asia-Pacific: Rapid industrialization, urbanization, and population growth in countries like China and India contribute to increased demand for power. Air-insulated switchgear finds applications in urban and rural electrification projects.

Recent Developments:

In August 2021, Schneider Electric launched GenieEvo Connected, a comprehensive, reliable switchgear range with unparalleled connectivity for asset health monitoring. GenieEvo connected, setting a new standard for primary air-insulated switchgear completely with 24/7 cloud-based service for efficient maintenance.

Key Players:

ABB Ltd, Siemens AG, Schneider Electric SE, Larsen & Toubro Limited, Alfanar Group.

Frequently Asked Questions

1) What is the projected market value of the Air Insulated Switchgear Market?

– The Air Insulated Switchgear Market is expected to reach a value of USD 8,512 million by 2028.

2) What is the estimated CAGR of the Air Insulated Switchgear Market over the 2023 to 2028 forecast period?

– The Air Insulated Switchgear Market is expected to grow at a CAGR of approximately 4% from 2023 to 2028.

3) Who are the key players in the Air Insulated Switchgear Market?

– ABB Ltd, Siemens AG, Schneider Electric SE, Larsen & Toubro Limited, Alfanar Group. 

4) What are the drivers for the Air Insulated Switchgear Market?

– Growing energy demand, renewable integration, and urbanization demand efficient, reliable power distribution systems, including air-insulated switchgear, for safety and environmental compliance.

5) What are the restraints and challenges in the Air Insulated Switchgear Market?

– Air-insulated switchgear faces challenges like space limitations, environmental impact, maintenance, technological advancements, market competition, economic uncertainties, and regulatory changes, affecting efficiency and cost-effectiveness.

6) What are the key applications and offerings of the Air Insulated Switchgear Market?

– AIS is essential in electrical substations, power generation plants, industrial facilities, commercial buildings, utility grids, and railway systems for power distribution, ensuring reliable power distribution for various applications.

7) Which region is expected to drive the market for the forecast period?

– Asia Pacific has the highest value share in the global market and is expected to dominate shares in forecast period.

Why Choose Us?

Insights into Market Trends: Global Market Studies reports provide valuable insights into market trends, including market size, segmentation, growth drivers, and market dynamics. This information helps clients make strategic decisions, such as product development, market positioning, and marketing strategies.

Competitor Analysis: Our reports provide detailed information about competitors, including their market share, product offerings, pricing, and competitive strategies. This data can be used to inform competitive strategies and to identify opportunities for growth and expansion.

Industry Forecasts: Our reports provide industry forecasts, which will inform your business strategies, such as investment decisions, production planning, and workforce planning. These forecasts can help you to prepare for future trends and to take advantage of growth opportunities.

Access to Industry Experts: Our solutions include contributions from industry experts, including analysts, consultants, and subject matter experts. This access to expert insights can be valuable for you to understand the market.

Time and Cost Savings: Our team at Global Market Studies can save you time and reduce the cost of conducting market research by providing comprehensive and up-to-date information in a single report, avoiding the need for additional market research efforts.

METHODOLOGY

At Global Market Studies, extensive research is done to create reports which have in-depth insights across all aspects of the market such as drivers, opportunities, challenges, restraints, market trends, regional insights, market segmentation, latest developments, key players for the forecast period. Multiple methods are used to derive both qualitative and quantitative information for the report:Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 1

PRIMARY RESEARCH

Through surveys and interviews, primary research is sourced mainly from experts from the core and related industry. It includes distributors, manufacturers, Directors, C-Level Executives and Managers, alliances certification organisations across various segments of the markets value chain. Both the supply-side and demand-side is interviewed.

Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 2

SECONDARY RESEARCH

Our sources of secondary research include Annual Reports, Journals, Press Releases, Company Websites, Paid Databases and our own Data Repository. They also include, investor presentations, certifies publications and articles by authorised regulatory bodies, trade directories and databases.

Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 3

MARKET SIZE ESTIMATION

After extensive secondary and primary research, both the Bottom-up and Top-down methods are used to analyse the data. In the Bottom-up Approach, Company revenues across multiple segments are gathered to derive the percentage split per market segment. From this the Segment wise market size is derived to give the Total Market Size. In the Top-down Approach the reverse method is used where the Total Market Size is first derived from primary sources and is split into Market Segment, Regional Split and so on.

Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 4Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 5

Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 6

DATA TRIANGULATION:

All statistics are collected through extensive secondary research and verified by interviews conducted with supply-side and demand-side in the primary research to ensure that both primary and secondary data percentages, statistics and findings corroborate.

Silicon battery market by capacity (0–3,000 mah, 3,000–10,000 mah, 10,000–60,000 mah, and 60,000 mah & above), application (consumer electronics, automotive, aviation, energy, and medical devices), and region - 2023 to 2028 7

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