Medium Voltage (MV) Switchgear Market Research

Distribution networks, interacting with the end-consumers of electricity are usually the most complex and least understood part of the grid. Especially with an active increase in the number of prosumers due to Distributed Generation (DERs) and Electric Vehicle (EV) penetration, grid dynamics at the distribution level are more complex than ever. MV Switchgear market, hence have complex demand dynamics and a fragmented supply chain. Power Technology Research (PTR) sizes the market of MV Switchgear by analyzing individual countries for new additions, expansions and replacement both in utilities and Industry. We start by analyzing the key utilities having the majority of the market share and use that infor-mation to model the remaining country. For industrial MV Switchgear, we select key high growth industries in the country and analyze in-dustry specific markets by country. With this approach, we are able to analyze the behaviors of the all the major buyers in the market, and can identify these opportunities for you.

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