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.
View Complete Report:
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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