Air Insulated Switchgear Market Share, Industry Analysis and Global Forecast to 2023
Air insulated switchgears have been in use for years before the introduction of others such gas insulated switchgear. They are popular wherever space restrictions and environmental circumstances are not an issue. Rapid urbanization and low capital investment of air insulated switchgear are driving the demand of air insulated switchgear market. The global air insulated switchgear market is projected to grow at a CAGR of 4.5% from 2017 to 2023, to reach the market size of USD 8.73 billion by 2023.
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