Global Air Insulated Switchgear is expected to reach $11.52 billion by 2026 growing at a CAGR of 6.5% from 2017 to 2026.

Some of the key players in Air Insulated Switchgear Market include ABB Ltd, Schneider Electric, Siemens AG, General Electric Company, Eaton Corporation PLC, Larsen & Toubro Limited, Toshiba Corporation, Crompton Greaves Ltd, Elatec Power Distribution GmbH, Tepco Group, Arteche and Nissin Electric Co Ltd.

Increasing investments in electrical networks, increasing electricity and rising power generation capacity additions are some of the key factors driving market growth. However, increasing competition from unorganized sector may hamper the market growth. Moreover, a growing focus on renewable power generation will provide ample opportunities for market growth.

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Air-insulated switchgear (AIS) is an equipment which uses air as an insulation medium. It uses air as the primary dielectric from phase-to-phase and phase-to-ground insulation. Air-insulated switchgear is widely used and is directly linked to the reliability of electric supply.

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On the basis of application, transmission and distribution are going to have lucrative growth during the forecast period due to the growing demand for reliable delivery of electric power. By geography, Asia Pacific is expected to have growing importance during the forecast period due to rising power generation capacity and the presence of manufacturing facilities in this region.

Make an inquiry at: https://www.strategymrc.com/report/air-insulated-switchgear-marketInstallations Covered:
• Indoor
• Outdoor

Voltages Covered:
• Low voltage AIS ( 36 kV)

End Users Covered:
• Infrastructure & Transportation
• Manufacturing & Processing
• Transmission & Distribution
• Other End Users

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Organization: Stratistics Market Research Consulting Pvt Ltd
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Release ID: 88917334