United States Switchgear Market Size & Share Analysis - Growth Trends & Forecast (2025 - 2030)

The Report Covers United States Switchgear Market Size & Share and it is Segmented by Type (Low-Voltage, Medium-Voltage, High-Voltage), Insulation (Gas Insulated Switchgear (GIS), Air Insulated Switchgear (AIS) and Other Types), Installation (Indoor, Outdoor) and End-user Industry (Commercial, Residential, Industrial). The report offers the market size and forecasts in revenue (USD) for all the above segments.

United States Switchgear Market Size & Share Analysis - Growth Trends & Forecast (2025 - 2030)

United States Switchgear Market Size

United States Switchgear Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 21.53 Billion
Market Size (2030) USD 28.73 Billion
CAGR (2025 - 2030) 5.94 %
Market Concentration Medium

Major Players

United States Switchgear Market Major Players

*Disclaimer: Major Players sorted in no particular order

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United States Switchgear Market Analysis

The United States Switchgear Market size is estimated at USD 21.53 billion in 2025, and is expected to reach USD 28.73 billion by 2030, at a CAGR of 5.94% during the forecast period (2025-2030).

  • Over the medium term, increasing electricity generation and consumption, along with network expansions to accommodate the infrastructure development projects and integration of renewables into the grid, are expected to drive the switchgear market during the forecast period.
  • On the other hand, stringent environmental and safety regulations related to the switchgear market are restraining factors.
  • Nevertheless, United States government-owned companies are focused to invest highly to meet the growing electricity demand. Thus, expected to create significant opportunity for the United States switchgear market during the forecsat period.

United States Switchgear Industry Overview

The United States switchgear market is semi-fragmented. Some of the key players in this market include ABB Ltd, Siemens AG, General Electric Company, Schneider Electric SE, and Mitsubishi Electric Corporation.

United States Switchgear Market Leaders

  1. ABB Ltd.

  2. Siemens AG

  3. General Electric Company

  4. Mitsubishi Electric Company

  5. Schneider Electric SE

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

  • August 2023: Eaton announced plans to add capacity to increase supplies of essential power distribution equipment to support infrastructure projects across industries. The company’s considerable recent investments enrich its manufacturing facilities for switchgear and switchboards, which provide the power backbone for clients across the Americas.
  • May 2022: Schneider Electric announced the launch of its new SureSeT MV switchgear offering for the North American market. The unique and improved solution, backed by the innovative and award-winning EvoPacT circuit breaker, replaces the Schneider Electric Masterclad solution for primary switchgear applications with a smaller, more robust, and more creative solution for managing day-to-day digital operations.

United States 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, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Increasing Electricity Generation and Consumption, along with Network Expansions
    • 4.5.1.2 Growing Focus on Infrastructure and Renewable Energy Sources Drives the Market Growth
    • 4.5.2 Restraints
    • 4.5.2.1 Stringent Environmental and Safety Regulations
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Insulation
    • 5.1.1 Air-insulated
    • 5.1.2 Gas-insulated
    • 5.1.3 Other Types
  • 5.2 Installation
    • 5.2.1 Indoor
    • 5.2.2 Outdoor
  • 5.3 End User
    • 5.3.1 Commercial
    • 5.3.2 Residential
    • 5.3.3 Industrial
  • 5.4 Type
    • 5.4.1 Low-Voltage
    • 5.4.2 Medium-Voltage
    • 5.4.3 High-Voltage

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 Schneider Electric SE
    • 6.3.3 General Electric Company
    • 6.3.4 Toshiba Corporation
    • 6.3.5 Mitsubishi Electric Corporation
    • 6.3.6 Siemens AG
    • 6.3.7 Larson & Turbo Limited
    • 6.3.8 Powell Industries Inc.
    • 6.3.9 Hubbell Incorporated
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 United States Government-owned Companies are Focused to Invest Highly to Meet the Growing Electricity Demand
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United States Switchgear Industry Segmentation

Switchgear is a device that controls, regulates, and switches on or off the electrical circuit. The power supply system is linked directly to the switchgear system. It is located on the high and low-voltage sides of the power transformer. It is used to switch off the equipment's power so that it may be examined and maintained and clear the issue.

The United States switchgear market is segmented on the basis of type, insulation, installation, and end-user industry. By type, the market is segmented as Low-Voltage, Medium-Voltage, and High-Voltage. By insulation, the market is segmented into Gas Insulated Switchgear (GIS), Air Insulated Switchgear (AIS), and other types. By installation, the market is segmented as Indoor and Outdoor, and by end-user industry, the market is segmented as Commercial, Residential, and Industrial. For each segment, the market size and forecast have been done on the basis of revenue (USD).

Insulation Air-insulated
Gas-insulated
Other Types
Installation Indoor
Outdoor
End User Commercial
Residential
Industrial
Type Low-Voltage
Medium-Voltage
High-Voltage
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United States Switchgear Market Research Faqs

How big is the United States Switchgear Market?

The United States Switchgear Market size is expected to reach USD 21.53 billion in 2025 and grow at a CAGR of 5.94% to reach USD 28.73 billion by 2030.

What is the current United States Switchgear Market size?

In 2025, the United States Switchgear Market size is expected to reach USD 21.53 billion.

Who are the key players in United States Switchgear Market?

ABB Ltd., Siemens AG, General Electric Company, Mitsubishi Electric Company and Schneider Electric SE are the major companies operating in the United States Switchgear Market.

What years does this United States Switchgear Market cover, and what was the market size in 2024?

In 2024, the United States Switchgear Market size was estimated at USD 20.25 billion. The report covers the United States Switchgear Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the United States Switchgear Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

United States Switchgear Industry Report

Statistics for the 2025 United States Switchgear market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United States 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.