Medium Voltage Switchgear Market 2020: Global Growth, Trends And Forecast

 


The Business Research Company’s latest report Medium Voltage Switchgear Global Market Report 2020 covers Medium Voltage Switchgear market drivers, Medium Voltage Switchgear market trends, Medium Voltage Switchgear market segments, Medium Voltage Switchgear market growth rate, Medium Voltage Switchgear market major players, and Medium Voltage Switchgear market size. The report provides in-depth analysis of the impact of COVID-19 on the Medium Voltage Switchgear industry, along with revised market numbers due to the effects of the coronavirus.


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Medium Voltage Switchgear Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global medium voltage switchgear market was worth $20.58 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 10.89% and reach $31.12 billion by 2023. Development of eco-efficient switchgear has become an emerging trend in the medium voltage switchgear market. Eco-efficient switchgear is an alternative to greenhouse gas sulfur hexafluoride (SF6) for improved eco-efficiency and less environmental impact.

The report covers the Medium Voltage Switchgear market’s segments-

1) By Insulation: Air, Gas, Oil, Vacuum

2) By Installation: Outdoor, Indoor

3) By Application: Residential, Commercial, Industrial, Utility.

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