The global switchgear market was valued at USD 84. 14 Billion in 2016 and is expected to grow abb mccb price list 2015 pdf a CAGR of 7. Increasing access to electricity in developing countries, continuous growth of construction and developmental activities, and growth in renewable power generation projects are the major drivers that would trigger growth in the switchgear market. The base year considered for company profiles is 2016.
Whenever information was unavailable for the base year, the prior year has been considered. The points given below explain the research methodology. After arriving at the overall market size, the total market has been split into several segments and sub-segments. The figure given below illustrates the breakdown of primaries conducted during the research study on the basis of company type, designation, and region.
The switchgear ecosystem comprises equipment manufacturers, such as, ABB, Ltd. 4 36 kV – 72. 7 Hyundai Heavy Industries Co. 19 Lucy Electric UK Ltd.
20 Hawker Siddeley Switchgear Ltd. Business Strategy Might Not Be Captured in Case of Unlisted Companies.
Table 5 36 kV – 72. Figure 54 Hyundai Heavy Industries Co.