Air Insulated Switchgear Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Air Insulated Switchgear Market Share and it is segmented by Voltage Level (Low Voltage, Medium Voltage, and High Voltage) End-User (Power Utilities, Industrial, and Commercial and Residential), and Geography (North America, South America, Europe, Middle-East and Africa, and Asia-Pacific).

Air Insulated Switchgear Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Air Insulated Switchgear Market Size

Air Insulated Switchgear Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.00 %
Fastest Growing Market Middle-East and Africa
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Air Insulated Switchgear Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Air Insulated Switchgear Market Analysis

The Air Insulated Switchgear Market is expected to register a CAGR of greater than 4% during the forecast period.

  • The power utility segment is likely to witness significant demand for the air-insulated switchgear market, as they are widely used in power distribution stations and compact substations in load centers.
  • Growing investments in the renewable energy sector and the aging power infrastructure are expected to offer huge business opportunities for the market players in the coming years.
  • Asia-Pacific is expected to dominate the market, with majority of the demand coming from the countries, such as India and China.

Air Insulated Switchgear Industry Overview

The air insulated switchgear market is moderately fragmented. The key players in the market include ABB Ltd, Siemens AG, Schneider Electric SE, Larsen & Toubro Limited, Alfanar Group, among others.

Air Insulated Switchgear Market Leaders

  1. Schneider Electric SE

  2. Alfanar Group

  3. ABB Ltd

  4. Siemens AG

  5. Larsen & Toubro Limited

  6. *Disclaimer: Major Players sorted in no particular order
Air Insulated Switchgear Market Concentration
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Air Insulated Switchgear Market News

  • In August 2021, Schneider Electric launched GenieEvo Connected, a comprehensive, reliable switchgear range with unparalleled connectivity for asset health monitoring. GenieEvo connected, setting a new standard for primary air-insulated switchgear completely with 24/7 cloud-based service for efficient maintenance.

Air Insulated Switchgear Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Voltage Level
    • 5.1.1 Low Voltage
    • 5.1.2 Medium Voltage
    • 5.1.3 High Voltage
  • 5.2 End-User
    • 5.2.1 Power Utilities
    • 5.2.2 Industrial
    • 5.2.3 Commercial and Residential
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 South America
    • 5.3.5 Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 ABB Ltd
    • 6.3.2 Siemens AG
    • 6.3.3 Schneider Electric SE
    • 6.3.4 Larsen & Toubro Limited
    • 6.3.5 Alfanar Group
    • 6.3.6 Eaton Corporation PLC
    • 6.3.7 Wenzhou Unisun Electric Co., Ltd.
    • 6.3.8 Mitsubishi Electric Corporation
    • 6.3.9 Elatec Power Distribution GmbH
    • 6.3.10 Tavrida Electric
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Air Insulated Switchgear Industry Segmentation

The air insulated switchgear market report includes:

Voltage Level Low Voltage
Medium Voltage
High Voltage
End-User Power Utilities
Industrial
Commercial and Residential
Geography North America
Europe
Asia-Pacific
South America
Middle-East and Africa
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Air Insulated Switchgear Market Research FAQs

What is the current Air Insulated Switchgear Market size?

The Air Insulated Switchgear Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in Air Insulated Switchgear Market?

Schneider Electric SE, Alfanar Group, ABB Ltd, Siemens AG and Larsen & Toubro Limited are the major companies operating in the Air Insulated Switchgear Market.

Which is the fastest growing region in Air Insulated Switchgear Market?

Middle-East and Africa is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Air Insulated Switchgear Market?

In 2025, the Asia Pacific accounts for the largest market share in Air Insulated Switchgear Market.

What years does this Air Insulated Switchgear Market cover?

The report covers the Air Insulated Switchgear Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Air Insulated Switchgear Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Air-Insulated Switchgear Industry Report

Statistics for the 2025 Air Insulated Switchgear market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Air Insulated Switchgear analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.