Air Insulated Switchgear Market Size & Share, by Voltage (Medium {> 3 kV to ≤ 36 kV}, High {> 36 kV}, Low {1 (kV)}); Application (Residential, Commercial & Industrial, Utility); End User (Transmission & Distribution, Manufacturing & Processing, Infrastructure & Transportation) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5470
  • Published Date: Dec 22, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Air Insulated Switchgear Market size is expected to reach USD 8 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of air insulated switchgear was around USD 5 Billion. The growing accentuation on energy effectiveness is the primary driver that will mainly help to grow the air insulated switchgear market in its expected CAGR. In 2023, international momentum will focus on doubling the rate of effectiveness advancement to a 4% accumulated pace, which could cut today’s energy bills in developed countries by one-third and make up 50% of CO2 cutbacks by 2030.

Another factor that will substantially drive the expansion of the air insulated switchgear market in the forecast period is the excessive demand for electricity in developed countries. For instance, China is hoping to record usage of both power and gas in the winter of 2023/24, but supplies should be sufficient, with only localized deficiencies, as an outcome of major fuel gathering over the summer months. According to the National Energy Administration (NEA) prediction on October 31, 2023, the maximum electricity demand may rise by as much as 140 million kilowatts (12%) related to winter 2022/23. Despite huge increases in the amount of wind and solar capacity installed since the start of the year, coal-fired power plants have still played a critical role in meeting growth in electricity consumption. Total generation rose by 5% or 375 billion kilowatt hours (kWh) in the first ten months of the year related to the same period in 2022. But more than three-quarters of the advancement was met by thermal generators (289 billion kWh), most of which burning coal.

Air Insulated Switchgear Market
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Air Insulated Switchgear Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2023)

∼USD 5 Billion

Forecast Year Market Size (2036)

∼USD 8 Billion

Regional Scope

  • Asia Pacific (Japan, India, China, Australia, Others)
  • North America (North America, Canada, Mexico)
  • Europe (Germany, Spain, UK, France, Italy, Russia, Others)
  • Middle East and Africa (South Africa, UAE, Others)
  • Latin America (Brazil, Argentina, Others)
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Air Insulated Switchgear Market: Growth Drivers and Challenges


Growth Drivers

  • Excessive Development in Industrial Infrastructure - Industrial revolutions have had an in-depth influence on energy and metal demand. The total electricity grid – a network of infrastructure that comprises the production, transmission, distribution, wiring, and metering – requires to act together. A poor connection at any stage can obstruct profitable implementation. Besides the electricity grid, infrastructure underpins the supply chain of the most progressed energy sources, like physical networks of oil and natural gas pipelines, refineries, wind turbines, hydropower dams, and the multiple distinctive transportation components between them. Concentrating on the complete network of infrastructure may assist in unlocking the capability of energy infrastructure for growth. Various parts of energy infrastructure, and specifically the electricity grid, are highly connected and interdependent. Each connection must function well; investments in the most feeble connection may have the most life-changing influence. For instance, focusing on investment in transmission infrastructure in the Philippines noticed significant short-run welfare gains.
  • Rapid Urbanization of The Developing Countries - Although urbanization rates in industrial countries are usually above 75 percent, urbanization is still in a comparatively early stage in advancing countries. This is specifically true in South Asia, Sub-Saharan Africa, and Southeast Asia, where electricity expansion is increasing quickly and the share of people staying in urban areas is less than 50 percent. India, the third largest electricity system in the globe with a population anticipated to rise to 1.6 billion by 2040, is anticipated to touch only 46 percent urbanization by that similar year. In recent days, buildings have been the largest clientele of electricity, with over 50 percent of international electricity expenditure, exceeding the industrial sector.
  • The Increasing Cooling Load On the Power System - The expansion in the demand for IOT-enabled air conditioners, chillers, and fans and its influence on electricity demand is a huge and increasing international phenomenon. To illustrate, the International Energy Agency confirmed that electricity to power cooling in buildings is the highest-growing end-use sector at almost a 3.5 percent yearly increase across the world. Cooling demands in appearing and developing countries, given the projected growths in civilization, presumed that this implementation could account for as much as 40 percent of final electricity requirements in some countries by 2050.


  • Supply Chain Disorder Due to Different Reasons - Supply chain disruptions can not only postpone switchgear shipment but also lead to a rise in clientele complaints and profit loss. In recent days the supply networks are intricate and therefore, disruptions in the supply chain are intricate as well. These kinds of disorders have a substantial effect on the supply chain of the air insulated switchgear market and they hold the possibility to not only unsettle but shut down businesses. Among the industries most severely affected by these supply chain limitations has been the solar industry, where a third of all industrial-scale solar capability scheduled in the United States for fulfillment in Q4 2021 was postponed by at least a quarter. At least 13% of the systemized capability for fulfillment in 2022 has either been postponed by a year or overturned. However, the continuous recovery and the increasing demand for sustainable energy will add on and help to the air insulated switchgear market growth of the air insulated switchgear.
  • Shortage of Important Materials
  • Acute Competition from Local and Regional Vendors.

Air Insulated Switchgear Segmentation

Voltage (Medium {> 3 kV to ≤ 36 kV}, High {> 36 kV}, Low { 1 (kV)})

The medium {> 3 kV to ≤ 36 kV} segment is projected to account for 40% share of the global air insulated switchgear market during the forecast period owing to its usage in different fields. As this medium voltage can maintain a secure voltage all the time this segment of air insulated switchgear is being used widely in different sectors. For instance, Siemens NXAirS 550 + air insulated switchgear is broadly used in areas that have high demands for low space-taking installations, like data centers, marine and harbor, buildings, etc. Its receptive blend with Siemens classical NXAirS Series switchgear can better match the rising demands of varied switchgear typicals and extensibility. Moreover, Siemens NXAirS air insulated switchgear includes a busbar, switching device, link, and low-voltage compartment. The switchgear’s structure and compartments are metallic sealed. Shutters and divisions are earthed. Every compartment is metal-clad in a pressure-immune pattern to enhance the operator’s protection. Moreover, the usage of Medium voltage switchgear is diversified.

Application (Residential, Commercial & Industrial, Utility)

The residential air insulated switchgear market is estimated to hold around 42% of the revenue share by the end of 2036. This growth will primarily be propelled by the excessive use of substations in the residential areas. AIS residential substations fit for smaller substations and mainly H-type single-line diagrams can be understood in a very affordable manner. A h-type single-line diagram is very usual for larger towns or smaller cities where the substation is part of a ring, with a voltage of about 145 kV, across the town.  With all 145 kV basic contacts embedded and the entire switchgear placed indoors, an arc is very unlikely to emerge but cannot be outruled. 145 kV switchgear room is thus armed with hatches that will open in case of an arc.

Our in-depth analysis of the global air insulated switchgear market includes the following segments:


  • Medium {> 3 kV to ≤ 36 kV}
  • High {> 36 kV}
  • Low { 1 (kV)}


  • Residential
  • Commercial & Industrial
  • Utility


  • Transmission & Distribution Manufacturing & Processing
  • Infrastructure & Transportation

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Air Insulated Switchgear Industry - Regional Synopsis

APAC Market Statistics

The air insulated switchgear market in the Asia Pacific region is projected to encounter the highest growth during the forecast period. It will hold almost 38% revenue share owing to the rising concentration on conserving and making nonstop power supply. For instance, on February 28, 2020, at the time of the Huawei Industrial Digital Transformation Conference 2020, Huawei formally released its all-new UPS (Uninterruptible Power Supply) power module internationally. The product offers the power density of a single module to touch 100 kW/3 U, twice that of industry standards. Increasing prevalence throughout countries like China of more responsive electronic products which are lightly hampered by power outages, spikes, and other power differences is increasing the nonstop power supply in the APAC region.

North American Market Analysis

The North America air insulated switchgear market is set to witness massive growth during the forecast period and holds the second position with a revenue share of almost 25% owing to their increasing investment in energy infrastructure. To illustrate, on January 30, 2023, U.S. Department of Agriculture (USDA) Secretary Tom Vilsack exclaimed that the Department is spending USD 2.7 billion to assist 64 electric communes and utilities (PDF, 175 KB) in growing and updating the nation’s rural electric grid and enhance grid protection. Moreover, the loans comprise USD 613 million to assist rural utilities and communes in installing and modernizing smart grid technologies. A smart grid can be a motivation for broadband and other telecommunications services in disfavoured and underserved rural places in addition to modifying grid protection and trustworthiness.

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Air Insulated Switchgear Market size
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Companies Dominating the Air Insulated Switchgear Market

    • C and S Electric Ltd.
      • Company Overview
      • Business Planning
      • Main Product Offerings
      • Financial Execution
      • Main Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • CG Power and Industrial Solutions Ltd.
    • Eaton Corp. Plc
    • EPE Switchgear M Sdn. Bhd.
    • General Electric Co.
    • Larsen and Toubro Ltd.
    • Lucy Group Ltd.
    • Schneider Electric SE
    • Siemens AG


In The News

  • Schneider Electric, the leader in energy management and automation, released GenieEvo Connected, an all-inclusive, trustworthy switchgear range with incomparable connectivity for asset health monitoring. GenieEvo switchgear is a groundbreaking solution for large industries and mid-sized buildings. It has a 40-year evident track record of increased protection and trustworthy execution with a long, lasting service life in data centers, factories, buildings, and energy infrastructure. 
  • ABB Ltd. contributes to a new report demonstrating how the industry can limit international carbon emissions by 11% by 2030 while preserving USD 437 billion yearly. ABB Motion and WindESCo, have approved a planned partnership, where ABB has gained a minority stake in the organization through its venture capital unit, ABB Technology Ventures (ATV). US-depended WindESCo is the leading analytics software provider for modifying the execution and authenticity of wind turbines. Commodifying WindESCo’s solutions, the investment will reinforce ABB’s place as a key facilitator of a low-carbon society and its place in the sustainable power production sector.

Author Credits:  Abhishek Verma, Hetal Singh

  • Report ID: 5470
  • Published Date: Dec 22, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing demand for air insulated switchgear in people will majorly drive the market growth of the air insulated switchgear market.

The market size of the air insulated switchgear market is expected to get a CAGR of almost 8% over the forecast period, i.e., 2024-2036.

The major players in the market are Bayer AG, Mayne Pharma Group Limited, PULMATRiX Inc., Endo International Plc, Johnson & Johnson Services Inc., GlaxoSmithKline Plc, Pfizer Inc., Abbott, Takeda Pharmaceutical Company Limited, Novartis AG, Shionogi & Co., Ltd., Asahi Kasei Pharma Corporation, F2G Ltd., Regeneron Pharmaceutical Inc.

The medium {> 3 kV to ≤ 36 kV} segment is anticipated to reap the largest market size by the end of 2036 and show substantial growth scopes.

The market in the APAC region is expected to have the largest market share by the end of 2036 and provide more business opportunities in the future.
Air Insulated Switchgear Market Report Scope

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