Market Share Analysis and Key Players in Air Insulated Switchgear Market

Air Insulated Switchgear (AIS) is a type of switchgear that is commonly used in the electrical power transmission and distribution industry. AIS is primarily used for switching and protection of electrical equipment such as transformers, generators, and transmission lines. The AIS market is growing steadily and is expected to continue to do so in the coming years. This article will provide a market share analysis and key players in the Air Insulated Switchgear market.

Market Share Analysis:

The Air Insulated Switchgear market is dominated by several key players. According to a report by MarketsandMarkets, the global AIS market was valued at USD 6.69 billion in 2017 and is projected to reach USD 8.41 billion by 2022, growing at a CAGR of 4.68% from 2017 to 2022. The following are the major players in the AIS market and their respective market shares:

1. ABB Ltd.: ABB Ltd. is a multinational corporation that operates mainly in robotics, power, and automation technology. ABB’s share in the AIS market is significant, as it has a market share of around 30%.
2. Siemens AG: Siemens AG is a German multinational conglomerate that operates in the fields of energy, healthcare, and infrastructure. Siemens has a market share of around 22% in the AIS market.
3. Schneider Electric SE: Schneider Electric SE is a multinational corporation that specializes in energy management and automation. Schneider Electric has a market share of around 18% in the AIS market.
4. Eaton Corporation: Eaton Corporation is a multinational power management company that operates in various industries, including electrical power distribution and control. Eaton has a market share of around 10% in the AIS market.
5. General Electric Company: General Electric Company is a multinational conglomerate that operates in various industries, including aviation, healthcare, and power. General Electric has a market share of around 8% in the AIS market.

Key Players:

1. ABB Ltd.: ABB Ltd. is a major player in the AIS market, offering a wide range of products, including medium voltage switchgear and low voltage switchgear. ABB’s switchgear products are widely used in various industries, including power generation, transmission, and distribution.
2. Siemens AG: Siemens AG is another major player in the AIS market, offering a wide range of products, including gas-insulated switchgear and low voltage switchgear. Siemens’ switchgear products are widely used in various industries, including power generation, transmission, and distribution.
3. Schneider Electric SE: Schneider Electric SE is a major player in the AIS market, offering a wide range of products, including medium voltage switchgear and low voltage switchgear. Schneider Electric’s switchgear products are widely used in various industries, including power generation, transmission, and distribution.
4. Eaton Corporation: Eaton Corporation is a major player in the AIS market, offering a wide range of products, including medium voltage switchgear and low voltage switchgear. Eaton’s switchgear products are widely used in various industries, including power generation, transmission, and distribution.
5. General Electric Company: General Electric Company is a major player in the AIS market, offering a wide range of products, including medium voltage switchgear and low voltage switchgear. General Electric’s switchgear products are widely used in various industries, including power generation, transmission, and distribution.

Conclusion:

The Air Insulated Switchgear market is expected to continue to grow in the coming years. The market is dominated by several major players, including ABB Ltd., Siemens AG, Schneider Electric SE, Eaton Corporation, and General Electric Company. These companies offer a wide range of AIS products that are widely used in various industries, including power generation, transmission, and distribution.