1	INTRODUCTION	29
1.1	STUDY OBJECTIVES	29
1.2	MARKET DEFINITION	29
1.3	INCLUSIONS AND EXCLUSIONS	30
TABLE 1	PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD	30
TABLE 2	PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE	30
TABLE 3	PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE	30
TABLE 4	PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION	31
TABLE 5	PAD-MOUNTED SWITCHGEAR MARKET, BY REGION	31
1.4	MARKET SCOPE	31
1.5	MARKET SEGMENTATION	31
1.6	REGIONAL SCOPE	32
1.7	YEARS CONSIDERED	32
1.8	CURRENCY CONSIDERED	33
1.9	LIMITATIONS	33
1.10	STAKEHOLDERS	33
1.11	SUMMARY OF CHANGES	34
1.12	IMPACT OF RECESSION	35
2	RESEARCH METHODOLOGY	36
2.1	RESEARCH DATA	36
FIGURE 1	PAD-MOUNTED SWITCHGEAR MARKET: RESEARCH DESIGN	36
2.2	RESEARCH DATA	37
2.2.1	SECONDARY DATA	37
2.2.1.1	Key data from secondary sources	38
2.2.2	PRIMARY DATA	38
2.2.2.1	Key data from primary sources	39
2.2.2.2	Breakdown of primary interviews	39
FIGURE 2	BREAKDOWN OF PRIMARIES	40
2.3	MARKET SIZE ESTIMATION	40
2.3.1	BOTTOM-UP APPROACH	40
FIGURE 3	PAD-MOUNTED SWITCHGEAR MARKET: BOTTOM-UP APPROACH	41
2.3.2	TOP-DOWN APPROACH	41
FIGURE 4	PAD-MOUNTED SWITCHGEAR MARKET: TOP-DOWN APPROACH	42
2.3.3	DEMAND-SIDE METRICS	43
FIGURE 5	METRICS CONSIDERED FOR ANALYZING DEMAND FOR PAD-MOUNTED SWITCHGEAR	43
2.3.3.1	Assumptions for demand-side analysis	43
2.3.3.2	Calculations for demand-side analysis	43
2.3.4	SUPPLY-SIDE ANALYSIS	44
FIGURE 6	KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF PAD-MOUNTED SWITCHGEAR SOLUTIONS	44
FIGURE 7	PAD-MOUNTED SWITCHGEAR MARKET: SUPPLY SIDE ANALYSIS	45
2.3.4.1	Supply-side calculation	45
2.3.4.2	Assumptions for supply side	45
2.3.4.3	Assumptions and calculations	45
2.4	FORECAST	46
2.5	RECESSION IMPACT: REALISTIC AND PESSIMISTIC SCENARIOS	46
3	EXECUTIVE SUMMARY	47
TABLE 6	SNAPSHOT OF PAD-MOUNTED SWITCHGEAR MARKET, 2023 VS. 2028	47
FIGURE 8	INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, IN 2028	48
FIGURE 9	IEC SEGMENT TO CAPTURE LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, IN 2028	48
FIGURE 10	25–38 KV SEGMENT TO HOLD LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, THROUGHOUT FORECAST PERIOD	49
FIGURE 11	SOLID-DIELECTRIC SEGMENT TO EXHIBIT FASTEST GROWTH RATE IN PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, DURING FORECAST PERIOD	49
FIGURE 12	EUROPE ACCOUNTED FOR LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2022	50
4	PREMIUM INSIGHTS	51
4.1	ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET	51
FIGURE 13	INCREASING INVESTMENTS IN UPGRADING AND EXPANDING DISTRIBUTION INFRASTRUCTURE TO PROVIDE OPPORTUNITIES FOR PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET DURING 2023–2026	51
4.2	PAD-MOUNTED SWITCHGEAR MARKET IN EUROPE, BY APPLICATION AND COUNTRY	52
FIGURE 14	UK HELD LARGEST SHARE OF EUROPEAN PAD-MOUNTED SWITCHGEAR MARKET IN 2022	52
4.3	PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION	52
FIGURE 15	INDUSTRIAL SEGMENT CAPTURED LARGEST SHARE OF GLOBAL PAD-MOUNTED SWITCHGEAR MARKET IN 2022	52
4.4	PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE	53
FIGURE 16	15–25 KV SEGMENT HELD MAJOR SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2022	53
4.5	PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE	53
FIGURE 17	GAS-INSULATED PAD-MOUNTED SWITCHGEAR SOLUTIONS ACCOUNTED FOR LARGEST MARKET SHARE IN 2022	53
4.6	PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD	54
FIGURE 18	IEEE STANDARD ACCOUNTED FOR LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2022	54
4.7	PAD-MOUNTED SWITCHGEAR MARKET, BY REGION	54
FIGURE 19	MIDDLE EAST & AFRICA TO RECORD HIGHEST CAGR IN PAD-MOUNTED SWITCHGEAR MARKET DURING FORECAST PERIOD	54
5	MARKET OVERVIEW	55
5.1	INTRODUCTION	55
5.2	MARKET DYNAMICS	55
FIGURE 20	PAD-MOUNTED SWITCHGEAR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES	55
5.2.1	DRIVERS	56
5.2.1.1	Increase in global energy consumption	56
FIGURE 21	TOTAL ELECTRICITY CONSUMPTION (EJ), 2010–2019	57
5.2.1.2	Requirement for improved grid infrastructure	57
5.2.1.3	Installation of underground distribution systems to reduce energy losses and enhance safety	58
5.2.2	RESTRAINTS	58
5.2.2.1	High capital investment required for installation and maintenance	58
5.2.2.2	Technical complexities involved in safe operations of pad-mounted switchgear systems	59
5.2.3	OPPORTUNITIES	59
5.2.3.1	Investments in upgrading and expanding power distribution infrastructure	59
TABLE 7	GLOBAL T&D INFRASTRUCTURE EXPANSION AND REFURBISHMENT PLANS	60
5.2.3.2	Focus of governments worldwide on reducing AT&C losses and automating distribution networks	60
TABLE 8	INTRODUCTION OF PERFORMANCE-BASED INCENTIVE PROGRAMS IN ENERGY SECTOR OF KEY COUNTRIES	61
5.2.4	CHALLENGES	62
5.2.4.1	High competition from unorganized sector and strict government regulations prohibiting use of SF6 switchgear	62
5.2.4.2	Installation challenges witnessed by unorganized geographies	62
5.3	TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS	63
5.3.1	NEW REVENUE POCKETS FOR POWER GRID PROVIDERS	63
FIGURE 22	REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET	63
5.4	ECOSYSTEM MAPPING	64
TABLE 9	COMPANIES AND THEIR ROLE IN POWER GRID ECOSYSTEM	64
FIGURE 23	MARKET MAP/ECOSYSTEM	65
5.5	VALUE/SUPPLY CHAIN ANALYSIS	65
FIGURE 24	VALUE CHAIN ANALYSIS: MAXIMUM VALUE ADDED BY COMPONENT MANUFACTURERS	66
5.5.1	RAW MATERIAL PROVIDERS/SUPPLIERS	66
5.5.2	COMPONENT MANUFACTURERS	66
5.5.3	PAD-MOUNTED SWITCHGEAR MANUFACTURERS/ SYSTEM ASSEMBLERS	67
5.5.4	DISTRIBUTORS	67
5.5.5	END USERS	67
5.5.6	POST-SALES SERVICE PROVIDERS	67
5.6	TECHNOLOGY ANALYSIS	67
5.6.1	DEVELOPMENT OF INTELLIGENT SWITCHGEAR SYSTEMS	68
5.6.2	DEVELOPMENT OF ECO-EFFICIENT SWITCHGEAR SOLUTIONS	68
5.7	KEY CONFERENCES AND EVENTS, 2023–2024	68
TABLE 10	PAD-MOUNTED SWITCHGEAR MARKET: CONFERENCES AND EVENTS	68
5.8	TARIFF AND REGULATORY LANDSCAPE	69
5.8.1	TARIFF DATA FOR LOW- AND HIGH-VOLTAGE PROTECTION EQUIPMENT IMPORTED BY COUNTRIES	70
TABLE 11	IMPORT TARIFF DATA FOR LOW-VOLTAGE PROTECTION EQUIPMENT, BY COUNTRY, 2021	70
TABLE 12	IMPORT TARIFF DATA FOR HIGH-VOLTAGE PROTECTION EQUIPMENT, BY COUNTRY, 2021	70
5.9	PAD-MOUNTED SWITCHGEAR: REGULATORY LANDSCAPE	71
TABLE 13	NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	71
TABLE 14	EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	72
TABLE 15	ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	73
TABLE 16	REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	74
5.9.1	CODES AND REGULATORY POLICIES RELATED TO PAD-MOUNTED SWITCHGEAR SYSTEMS	75
TABLE 17	PAD-MOUNTED SWITCHGEAR: CODES AND REGULATIONS	75
5.10	PATENT ANALYSIS	77
TABLE 18	POWER GRID-RELATED INNOVATIONS AND PATENT REGISTRATIONS	77
5.11	TRADE ANALYSIS	78
5.11.1	TRADE ANALYSIS OF DISTRIBUTION APPARATUS (EXCEEDING 1,000 VOLTS) USED IN SWITCHING OR PROTECTING ELECTRICAL CIRCUITS	78
5.11.2	IMPORT SCENARIO: HS CODE 853590	78
TABLE 19	IMPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853590, BY COUNTRY, 2019–2021 (USD)	79
5.11.3	EXPORT SCENARIO: HS CODE 853590	79
TABLE 20	EXPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853590, BY COUNTRY, 2019–2021 (USD)	80
5.11.4	TRADE ANALYSIS FOR POWER GRID APPARATUS (NOT EXCEEDING 1,000 VOLTS) USED IN SWITCHING OR PROTECTING ELECTRICAL CIRCUITS	80
5.11.5	IMPORT SCENARIO: HS CODE 853690	80
TABLE 21	IMPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853690, BY COUNTRY, 2019–2021 (USD)	81
5.11.6	EXPORT SCENARIO: HS CODE 853690	81
TABLE 22	EXPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853690, BY COUNTRY, 2019–2021 (USD)	82
5.12	CASE STUDY ANALYSIS	82
5.12.1	S&C’S PAD-MOUNTED GEAR PROVIDED SUPERIOR QUALITY AND RELIABILITY REQUIRED BY MUNICIPAL UTILITY	82
5.12.2	ELASTIMOLD’S SOLID-DIELECTRIC SWITCHGEAR ADDRESSED CHALLENGES FACED BY FIRSTENERGY DUE TO AGING INFRASTRUCTURE	83
5.12.2.1	Problem statement	83
5.12.2.2	Solution	83
5.12.3	UK-BASED NORTHERN POWERGRID COMPANY DEPLOYED ABB’S SF6-FREE SWITCHGEAR TO DECARBONIZE ITS ELECTRICAL NETWORK	83
5.12.3.1	Problem statement	83
5.12.3.2	Solution	84
5.12.4	NATIONAL GRID EMPLOYED SF6-FREE HV SUBSTATIONS IN ITS SOUTHEAST ENGLAND NETWORK TO ENSURE RELIABLE ELECTRICITY SUPPLY	84
5.12.4.1	Problem statement	84
5.12.4.2	Solution	84
FIGURE 25	POWERGRID MARKET: PORTER’S FIVE FORCES ANALYSIS	85
TABLE 23	PAD-MOUNTED SWITCHGEAR MARKET: PORTER’S FIVE FORCES ANALYSIS	85
5.12.5	THREAT OF SUBSTITUTES	85
5.12.6	BARGAINING POWER OF SUPPLIERS	86
5.12.7	BARGAINING POWER OF BUYERS	86
5.12.8	THREAT OF NEW ENTRANTS	86
5.12.9	INTENSITY OF COMPETITIVE RIVALRY	87
5.13	KEY STAKEHOLDERS AND BUYING CRITERIA	87
5.13.1	KEY STAKEHOLDERS IN BUYING PROCESS	87
FIGURE 26	INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS	87
TABLE 24	INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS	87
5.14	BUYING CRITERIA	88
FIGURE 27	BUYING CRITERIA FOR TOP 3 APPLICATIONS	88
TABLE 25	KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS	88
5.15	PRICING ANALYSIS	88
FIGURE 28	AVERAGE SELLING PRICE OF DIFFERENT TYPES OF PAD-MOUNTED SWITCHGEAR SYSTEMS OFFERED BY KEY PLAYERS	89
TABLE 26	AVERAGE SELLING PRICE OF PAD-MOUNTED SWITCHGEAR OFFERED BY KEY PLAYERS, BY TYPE (USD)	89
TABLE 27	PRICING ANALYSIS OF DIFFERENT TYPES OF PAD-MOUNTED SWITCHGEAR, BY REGION, 2022 (USD THOUSAND)	89
FIGURE 29	PRICING ANALYSIS, BY REGION	90
6	PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION	91
6.1	INTRODUCTION	92
FIGURE 30	PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2022	92
TABLE 28	PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	92
6.2	INDUSTRIAL	93
6.2.1	ADOPTION OF PAD-MOUNTED SWITCHGEAR TO AVOID SHORT CIRCUITS AND POWER OUTAGES DUE TO DUST CONTAMINATION	93
TABLE 29	INDUSTRIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)	93
6.3	COMMERCIAL	93
6.3.1	DEPLOYMENT OF PAD-MOUNT SWITCHGEAR TO PREVENT DISRUPTION OF SERVICES DUE TO ELECTRICAL ACCIDENTS	93
TABLE 30	COMMERCIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)	94
6.4	RESIDENTIAL	94
6.4.1	IMPLEMENTATION OF PAD-MOUNT SWITCHGEAR IN RESIDENTIAL APPLICATIONS TO SAVE SPACE OCCUPIED BY OVERHEAD INFRASTRUCTURE	94
TABLE 31	RESIDENTIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)	94
7	PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE	95
7.1	INTRODUCTION	96
FIGURE 31	PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2022	96
TABLE 32	PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	96
7.1.1	UP TO 15 KV	97
7.1.2	RISING DEMAND FOR UP TO 15 KV PAD-MOUNTED SWITCHGEAR SOLUTIONS IN RESIDENTIAL APPLICATIONS TO DRIVE MARKET	97
TABLE 33	UP TO 15 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)	97
7.2	15–25 KV	97
7.2.1	INCREASING ADOPTION OF 15–25 KV PAD-MOUNTED SWITCHGEAR SOLUTIONS IN FEEDER AND SUBSTATION AUTOMATION APPLICATIONS TO PROPEL MARKET	97
TABLE 34	15–25 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)	98
7.3	25–38 KV	98
7.3.1	RAPID GROWTH OF INDUSTRIAL AND COMMERCIAL SECTORS IN EUROPE AND NORTH AMERICA TO BOOST SEGMENTAL GROWTH	98
TABLE 35	25–38 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)	98
8	PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE	99
8.1	INTRODUCTION	100
FIGURE 32	PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2022	100
TABLE 36	PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	100
8.2	AIR-INSULATED	101
8.2.1	EXTENSIVE APPLICATIONS OF AIR-INSULATED PAD-MOUNTED SWITCHGEAR IN LOW-VOLTAGE DISTRIBUTION NETWORKS	101
TABLE 37	AIR-INSULATED: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)	101
8.3	GAS-INSULATED	102
8.3.1	SIGNIFICANT IMPLEMENTATION OF GAS-INSULATED PAD-MOUNTED SWITCHGEAR SOLUTIONS IN HIGH-VOLTAGE DISTRIBUTION NETWORKS	102
TABLE 38	GAS-INSULATED: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)	102
8.4	SOLID-DIELECTRIC	103
8.4.1	RAPID DEPLOYMENT OF SUSTAINABLE AND ENVIRONMENT-FRIENDLY SOLID-DIELECTRIC SWITCHGEAR IN EUROPE	103
TABLE 39	SOLID-DIELECTRIC: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)	103
8.5	OTHERS	104
TABLE 40	OTHERS: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)	104
9	PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD	105
9.1	INTRODUCTION	106
FIGURE 33	PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, 2022	106
TABLE 41	PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, 2021–2028 (USD MILLION)	106
9.2	INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC)	107
9.3	INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS (IEEE)	108
9.4	OTHER STANDARDS	108
TABLE 42	KEY STANDARDS ACROSS MAJOR COUNTRIES	108
10	GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY REGION	109
10.1	INTRODUCTION	110
FIGURE 34	REGIONAL SNAPSHOT: MIDDLE EASTERN & AFRICAN PAD-MOUNTED SWITCHGEAR MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	110
FIGURE 35	PAD-MOUNTED SWITCHGEAR MARKET SHARE, BY REGION, 2022	111
TABLE 43	PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2028 (USD MILLION)	111
10.2	EUROPE	111
FIGURE 36	EUROPE: MARKET SNAPSHOT	112
TABLE 44	EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	112
TABLE 45	EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	113
TABLE 46	EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	113
TABLE 47	EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	113
10.2.1	UK	114
10.2.1.1	Renewable energy integration in power grids to drive market	114
TABLE 48	UK: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	114
TABLE 49	UK: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	114
TABLE 50	UK: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	115
10.2.2	GERMANY	115
10.2.2.1	Increasing focus on energy efficiency and grid expansion to fuel market growth	115
TABLE 51	GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	115
TABLE 52	GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	116
TABLE 53	GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	116
10.2.3	FRANCE	116
10.2.3.1	Improvement in power generation, transmission, and distribution infrastructure to ensure efficiency and security to propel market	116
TABLE 54	FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	117
TABLE 55	FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	117
TABLE 56	FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	117
10.2.4	REST OF EUROPE	117
TABLE 57	REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	118
TABLE 58	REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	118
TABLE 59	REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	119
10.3	NORTH AMERICA	119
FIGURE 37	NORTH AMERICA: MARKET SNAPSHOT	120
10.3.1	BY TYPE	120
TABLE 60	NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	120
10.3.2	BY VOLTAGE	121
TABLE 61	NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	121
10.3.3	BY APPLICATION	121
TABLE 62	NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	121
TABLE 63	NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	121
10.3.3.1	US	122
10.3.3.1.1	Strong need to modernize aging power infrastructure to drive demand for pad-mounted switchgear systems	122
TABLE 64	US: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	122
TABLE 65	US: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	123
TABLE 66	US: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	123
10.3.3.2	CANADA	123
10.3.3.2.1	Increasing investment in renewables to support market growth	123
TABLE 67	CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	124
TABLE 68	CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	124
TABLE 69	CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	124
10.3.3.3	MEXICO	125
10.3.3.3.1	Adoption of smart grid technology to fuel need for pad-mounted switchgear systems	125
TABLE 70	MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	125
TABLE 71	MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	125
TABLE 72	MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	126
10.4	ASIA PACIFIC	126
TABLE 73	ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	127
TABLE 74	ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	127
TABLE 75	ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	127
TABLE 76	ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	128
10.4.1	CHINA	128
10.4.1.1	Increasing investments in clean energy projects to accelerate demand for pad-mounted switchgear	128
TABLE 77	CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	129
TABLE 78	CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	129
TABLE 79	CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	129
10.4.2	INDIA	129
10.4.2.1	Rising electrification to drive market	129
TABLE 80	INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	130
TABLE 81	INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	130
TABLE 82	INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	131
10.4.3	AUSTRALIA	131
10.4.3.1	Electrification of Australian railroad network to boost demand for pad-mounted switchgear solutions	131
TABLE 83	AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	131
TABLE 84	AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	132
TABLE 85	AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	132
10.4.4	SOUTH KOREA	132
10.4.4.1	Rising consumption of natural gas, nuclear energy, and coal in power sector to boost demand for pad-mounted switchgear systems	132
TABLE 86	SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	133
TABLE 87	SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	133
TABLE 88	SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	133
10.4.5	REST OF ASIA PACIFIC	133
TABLE 89	REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	134
TABLE 90	REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	134
TABLE 91	REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	135
10.5	MIDDLE EAST & AFRICA	135
TABLE 92	MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	135
TABLE 93	MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	136
TABLE 94	MIDDLE EAST & AFRICA: GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	136
TABLE 95	MIDDLE EAST & AFRICA: GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	136
10.5.1	SAUDI ARABIA	137
10.5.1.1	Favorable government policies supporting utilization of renewables for power generation to drive market	137
TABLE 96	SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	137
TABLE 97	SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	137
TABLE 98	SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	138
10.5.2	UAE	138
10.5.2.1	Government focus on increasing power generation capacity to boost demand for pad-mounted switchgear solutions	138
TABLE 99	UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	138
TABLE 100	UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	139
TABLE 101	UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	139
10.5.3	SOUTH AFRICA	139
10.5.3.1	Rising investments in power capacity addition and improving energy efficiency to accelerate market growth	139
TABLE 102	SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	140
TABLE 103	SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	140
TABLE 104	SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	140
10.5.4	EGYPT	141
10.5.4.1	Refurbishment of power plant infrastructure leads to high need for pad-mounted switchgear systems	141
TABLE 105	EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	141
TABLE 106	EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	141
TABLE 107	EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	142
10.5.5	QATAR	142
10.5.5.1	Increasing energy consumption to support market growth	142
TABLE 108	QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	142
TABLE 109	QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	143
TABLE 110	QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	143
10.5.6	REST OF MIDDLE EAST & AFRICA	143
TABLE 111	REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	144
TABLE 112	REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	144
TABLE 113	REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	144
10.6	SOUTH AMERICA	144
TABLE 114	SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	145
TABLE 115	SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	145
TABLE 116	SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	146
TABLE 117	SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	146
10.6.1	BRAZIL	146
10.6.1.1	Increasing share of renewables in energy mix to propel market	146
TABLE 118	BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	147
TABLE 119	BRAZIL: GLOBAL PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	147
TABLE 120	BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	147
10.6.2	ARGENTINA	148
10.6.2.1	Need for uninterrupted power supply in oil & gas operations to fuel demand for pad-mounted switchgear systems	148
TABLE 121	ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	148
TABLE 122	ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	148
TABLE 123	ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	149
10.6.3	REST OF SOUTH AMERICA	149
TABLE 124	REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2028 (USD MILLION)	149
TABLE 125	REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)	150
TABLE 126	REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2021–2028 (USD MILLION)	150
11	COMPETITIVE LANDSCAPE	151
11.1	OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS	151
TABLE 127	OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF PAD-MOUNTED SWITCHGEAR SOLUTIONS	151
11.2	MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2022	154
FIGURE 38	MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET, 2022	154
TABLE 128	PAD-MOUNTED SWITCHGEAR MARKET: DEGREE OF COMPETITION	154
FIGURE 39	PAD-MOUNTED SWITCHGEAR MARKET SHARE ANALYSIS, 2022	155
11.3	FIVE-YEAR COMPANY REVENUE ANALYSIS	155
FIGURE 40	REVENUE ANALYSIS OF TOP 5 PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET, 2018–2022	156
11.4	COMPANY EVALUATION MATRIX/QUADRANT, 2022	157
11.4.1	STARS	157
11.4.2	PERVASIVE PLAYERS	157
11.4.3	EMERGING LEADERS	157
11.4.4	PARTICIPANTS	157
FIGURE 41	PAD-MOUNTED SWITCHGEAR MARKET (GLOBAL): KEY COMPANY EVALUATION MATRIX, 2022	158
11.5	STARTUPS/SMES EVALUATION QUADRANT	159
11.5.1	PROGRESSIVE COMPANIES	159
11.5.2	RESPONSIVE COMPANIES	159
11.5.3	DYNAMIC COMPANIES	159
11.5.4	STARTING BLOCKS	159
FIGURE 42	PAD-MOUNTED SWITCHGEAR MARKET: STARTUPS/SMES EVALUATION QUADRANT, 2022	160
11.6	COMPETITIVE BENCHMARKING	161
TABLE 129	PAD-MOUNTED SWITCHGEAR MARKET: LIST OF KEY STARTUPS/SMES	161
TABLE 130	PAD-MOUNTED SWITCHGEAR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES	161
11.7	PAD-MOUNTED SWITCHGEAR MARKET: COMPANY FOOTPRINT	163
TABLE 131	STANDARD: COMPANY FOOTPRINT	163
TABLE 132	APPLICATION: COMPANY FOOTPRINT	164
TABLE 133	REGION: COMPANY FOOTPRINT	165
TABLE 134	COMPANY FOOTPRINT	166
11.8	COMPETITIVE SCENARIO	167
TABLE 135	PAD-MOUNTED SWITCHGEAR MARKET: DEALS, MAY 2020–MARCH 2023	167
TABLE 136	PAD-MOUNTED SWITCHGEAR MARKET: OTHERS, MAY 2020–MARCH 2023	168
12	COMPANY PROFILES	169
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
12.1	KEY PLAYERS	169
12.1.1	EATON	169
TABLE 137	EATON: BUSINESS OVERVIEW	169
FIGURE 43	EATON: COMPANY SNAPSHOT	170
TABLE 138	EATON: PRODUCTS OFFERED	170
TABLE 139	EATON: DEALS	171
TABLE 140	EATON: OTHERS	173
12.1.2	HUBBELL	174
TABLE 141	HUBBELL: BUSINESS OVERVIEW	174
FIGURE 44	HUBBELL: COMPANY SNAPSHOT	175
TABLE 142	HUBBELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED	176
12.1.3	ABB	177
TABLE 143	ABB: BUSINESS OVERVIEW	177
FIGURE 45	ABB: COMPANY SNAPSHOT	178
TABLE 144	ABB: PRODUCTS OFFERED	178
TABLE 145	ABB: DEALS	179
TABLE 146	ABB: OTHERS	180
12.1.4	G&W ELECTRIC	182
TABLE 147	G&W ELECTRIC: BUSINESS OVERVIEW	182
TABLE 148	G&W ELECTRIC: PRODUCTS OFFERED	182
TABLE 149	G&W ELECTRIC: OTHERS	184
12.1.5	S&C ELECTRIC	186
TABLE 150	S&C ELECTRIC: BUSINESS OVERVIEW	186
TABLE 151	S&C ELECTRIC: PRODUCTS OFFERED	186
TABLE 152	S&C ELECTRIC: DEALS	187
12.1.6	POWELL	188
TABLE 153	POWELL: BUSINESS OVERVIEW	188
FIGURE 46	POWELL: COMPANY SNAPSHOT	188
TABLE 154	POWELL: PRODUCTS OFFERED	189
12.1.7	FEDERAL PACIFIC	190
TABLE 155	FEDERAL PACIFIC: BUSINESS OVERVIEW	190
TABLE 156	FEDERAL PACIFIC: PRODUCTS OFFERED	190
12.1.8	ENTEC ELECTRIC & ELECTRONIC	191
TABLE 157	ENTEC ELECTRIC & ELECTRONIC: BUSINESS OVERVIEW	191
TABLE 158	ENTEC ELECTRIC & ELECTRONIC: PRODUCTS OFFERED	192
12.1.9	NOJA POWER	193
TABLE 159	NOJA POWER: BUSINESS OVERVIEW	193
TABLE 160	NOJA POWER: PRODUCTS OFFERED	193
TABLE 161	NOJA POWER: DEALS	194
12.1.10	TIEPCO GROUP	195
TABLE 162	TIEPCO GROUP: BUSINESS OVERVIEW	195
TABLE 163	TIEPCO GROUP: PRODUCTS OFFERED	196
12.1.11	GHORIT ELECTRICALS	197
TABLE 164	GHORIT ELECTRICALS: BUSINESS OVERVIEW	197
TABLE 165	GHORIT ELECTRICALS: PRODUCTS OFFERED	197
12.1.12	NINGBO TIANAN GROUP	198
TABLE 166	NINGBO TIANAN GROUP: BUSINESS OVERVIEW	198
TABLE 167	NINGBO TIANAN GROUP: PRODUCTS OFFERED	198
12.1.13	TRAYER SWITCHGEAR	200
TABLE 168	TRAYER SWITCHGEAR: BUSINESS OVERVIEW	200
TABLE 169	TRAYER SWITCHGEAR: PRODUCTS OFFERED	200
12.1.14	KDM STEEL	202
TABLE 170	KDM STEEL: BUSINESS OVERVIEW	202
TABLE 171	KDM STEEL: PRODUCTS OFFERED	203
12.1.15	SWITCHGEAR POWER SYSTEMS LLC	204
TABLE 172	SWITCHGEAR POWER SYSTEMS LLC: BUSINESS OVERVIEW	204
TABLE 173	SWITCHGEAR POWER SYSTEMS LLC: PRODUCTS OFFERED	204
12.1.16	PARK DETROIT	205
TABLE 174	PARK DETROIT: BUSINESS OVERVIEW	205
TABLE 175	PARK DETROIT: PRODUCTS OFFERED	205
12.2	OTHER PLAYERS	206
12.2.1	BEIJING KYLIN POWER & TECHNOLOGY	206
12.2.2	TELAWNE POWER EQUIPMENTS PVT. LTD.	206
12.2.3	ORMAZABAL	207
12.2.4	ACTOM	207
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
 
13	APPENDIX	208
13.1	INSIGHTS FROM INDUSTRY EXPERTS	208
13.2	DISCUSSION GUIDE	209
13.3	KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	215
13.4	CUSTOMIZATION OPTIONS	217
13.5	RELATED REPORTS	217
13.6	AUTHOR DETAILS	218
❖ 免責事項 ❖
http://www.globalresearch.jp/disclaimer



 
			 
					
							
			 
					
							
			 
					
							
			 
					
							
			 
					
							
			 
					
							
			 
					
							
			 
					
							
			