Global Hybrid Switchgear Market to Grow at a CAGR of 14.1% During 2016-2020: has recently announced the addition of a market study “Global Hybrid Switchgear Market 2016-2020”, is a comparative analysis of the global market.


Albany, NY -- (SBWIRE) -- 10/17/2016 -- About Switchgears

Switchgears are segmented as per the arc-quenching medium that is used within the equipment. Various types of arc-quenching medium include air, SF6 gas, and oil. With the emergence of hybrid switchgear technology in the late 1990s, the equipment incorporated two different technologies in its operation. One was the use of gas for arc quenching purpose, while air-insulation technology was adopted for bus bars to be connected to other equipment present in a high-voltage sub-station. The target is to maximize the advantages of these two existing technologies and enhance the overall operation and performance of the equipment and the connected components within the grid network.

Technavios analysts forecast the global hybrid switchgear market to grow at a CAGR of 14.1% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global hybrid switchgear market for 2016-2020. To calculate the market size, the report considers the average unit price of each hybrid switchgear.

The market is divided into the following segments based on geography:


Technavio's report, Global Hybrid Switchgear Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Mitsubishi Electric

Other prominent vendors
Shandong Taikai Power Engineering
Ningbo Tianan
Suzhou Silverstone Electric
Xi'an XD Switchgear Electric

Market driver
Increased demand for electricity in emerging countries
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Market challenge
High dependency on electrical equipment imports by India
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Market trend
PASS system available for operation up to 420 kV
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Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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