Air Insulated Switchgear Market worth $85.9 Billion by 2029

Air Insulated Switchgear Market
The global Air Insulated Switchgear Marketis expected to grow from an estimated USD 67.3 billion in 2024 to USD 85.9 billion by 2029, at a CAGR of 5.0% during the forecast period according to a new report by MarketsandMarkets™. The air insulated switchgear market is poised for substantial growth during this period, primarily due to the development of power distribution infrastructure in...

Air Insulated Switchgear Market to exceed $8.41 Billion by 2022

Air Insulated Switchgear Market
The global air insulated switchgear market is projected to grow at a CAGR of 4.68% from 2017 to 2022. In 2016, Asia-Pacific is estimated to be the largest market for air insulated switchgear, followed by the Europe, and North America. This trend is expected to continue till 2022. The growth of the air insulated switchgear market is driven by increasing expenditure by the utilities in the transmission &...