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European MV Switchgear Market Accounts for 10% of the Global MV Switchgear Market

European MV Switchgear Market Accounts for 10% of the Global MV Switchgear Market

by Aleezeh Shahid | 2021, December, 22 | Aleezeh Shahid, Switchgear

Europe has a 10% share in the global MV switchgear market with Germany as the market leader. According to Power Technology Research, increased penetration of renewables in the grid, especially in Western Europe, will drive the European MV switchgear market. The...
USA is the Biggest Market for Outdoor Switchgear in the World

USA is the Biggest Market for Outdoor Switchgear in the World

by Aleezeh Shahid | 2021, December, 21 | Aleezeh Shahid, Switchgear, Uncategorized

Majority of the switchgear demand in the North American region is generated by the United States accounting for 75% followed by Canada (15%) and Mexico (10%). As per the assessments carried out by the U.S. Department of Energy, power failures could cost as high as USD...
Major Movements in SF6 HV Switchgear Sector Moving Forward

Major Movements in SF6 HV Switchgear Sector Moving Forward

by Aleezeh Shahid | 2021, November, 19 | Aleezeh Shahid, Switchgear

SF6 gas, which has a global warming potential roughly 25,200 times that of CO2, is still the most widely used insulating gas for switchgear applications. Siemens Energy and Mitsubishi Electric signed an MoU to carry out a feasibility study aimed at the development of...
GE Establishing Itself as a Market Leader in the HV SF6-free Switchgear Market

GE Establishing Itself as a Market Leader in the HV SF6-free Switchgear Market

by Aleezeh Shahid | 2021, November, 19 | Aleezeh Shahid, Switchgear

This infographic provides an overview of the global HV SF6-free switchgear market with a special focus on General Electric who is one of the major players within this realm. Additionally, all the latest HV switchgear projects won by General Electric worldwide have...
GCC HV Switchgear Market : Enough Spare Capacity Despite Facilities Shutdown

GCC HV Switchgear Market : Enough Spare Capacity Despite Facilities Shutdown

by Aleezeh Shahid | 2021, October, 15 | Aleezeh Shahid, Switchgear

As of 2020, the HV switchgear market of GCC countries accounts for 5% of the global HV switchgear market in terms of revenue. In GCC’s HV switchgear market, Saudi Arabia holds the largest market share which accounted for 40% of the region’s total revenue in 2020....
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