Hybrid Switchgear Market Economy with Global Forecast Report by 2023

Switchgears are segmented as per the arc-quenching medium that is used within the equipment. Various types of arc-quenching medium include air, SF6 gas, and oil. With the emergence of hybrid switchgear technology in the late 1990s, the equipment incorporated two different technologies in its operation. One was the use of gas for arc quenching purpose, while air-insulation technology was adopted for bus bars to be connected to other equipment present in a high-voltage sub-station. The target is to maximize the advantages of these two existing technologies and enhance the overall operation and performance of the equipment and the connected components within the grid network.

Scope of the Report:

This report focuses on the Hybrid Switchgear in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The benefits such as enhanced substation performance and space savings are primary growth factors for this market. Substations play a major role in catering to the demands of the end-user. The majority of existing substations have functioned beyond their operational lives and the replacement of the conventional air-insulated switchgear AIS components such as disconnectors and circuit-breakers is not economical. This will lead to the development of innovative switchgears with the functions of gas insulated substation GIS and integrated with dead tank circuit breakers. Moreover, the increased adoption of the plug and switch system PASS that is driven by the privatization of the electric power industry across the globe, will also fuel the growth of the market.

APAC was the major revenue contributor to the hybrid switchgear market during 2017. Owing to the growth in the electricity consuming sectors in many major countries such as China and India, the region has a constant high demand for electricity. An increase in private participation in the power transmission and distribution market that will result in higher investments in transmission and distribution networks in countries such as China, India, Pakistan, Australia, and Thailand and government initiatives for the expansion of transmission networks to improve the existing infrastructure in countries such as China and India, will propel the market’s growth prospects.

The Worldwide Market for Hybrid Switchgear is expected to grow at a CAGR of roughly –% over the next five years, will reach $$ million US$ in 2023, from $$ million US$ in 2017, according to a new Planet Market Reports study.

Market Segment by Manufacturers, this report covers

ABB
GE
Mitsubishi Electric
Siemens
Toshiba
TGOOD
Shandong Taikai Power Engineering
Ningbo Tianan

Market Segment by Regions, regional analysis covers

North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa

Market Segment by Type, covers

Below 70 KV
70 KV-250KV
Above 250KV

Market Segment by Applications, can be divided into

Commercial
Industrial
Others

Get More Information about this Report and TOC @ https://www.planetmarketreports.com/reports/global-hybrid-switchgear-market-9532

There are 15 Chapters to deeply display the global Hybrid Switchgear market.

1, to describe Hybrid Switchgear Introduction, product scope, market overview, market opportunities, market risk, market driving force;
2, to analyze the top manufacturers of Hybrid Switchgear, with sales, revenue, and price of Hybrid Switchgear, in 2016 and 2017;
3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
4, to show the global market by regions, with sales, revenue and market share of Hybrid Switchgear, for each region, from 2013 to 2018;
5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
12, Hybrid Switchgear market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
13, 14 and 15, to describe Hybrid Switchgear sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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