Global Paralleling Switchgear Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

Segmented by Transition Type;

Transition Type and Closed Transition.

Segmented by End User;

Industrial and Commercial.

Segmented by Application;

Prime, Standby and Peak Shave.

Segmented by Voltage;

Low Voltage and Medium Voltage.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn197486634 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Paralleling Switchgear Market (USD Million), 2020 - 2030

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2020 - 2030
2020 66.7
2021 76.0
2022 88.8
2023 94.2
2024 103.8
2025 120.9
2026 140.6
2027 155.9
2028 156.2
2029 179.6
2030 185.3

In the year 2023, the Global Paralleling Switchgear Market was valued at USD 1,374.92 million. The size of this market is expected to increase to USD 2,000.07 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Transition Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Application
    4. Market Snapshot, By Voltage
    5. Market Snapshot, By Region
    6. Market Opportunity Map
  4. Global Paralleling Switchgear Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Need for Reliable and Uninterrupted Power Supply
        2. Ageing and Overburdened Power Grid in Developed Nations
        3. Growth in Healthcare, Data Centers, and BFSI Sector
      2. Restraints
        1. Cost Constraint and Complexity in Control System
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Paralleling Switchgear Market, By Transition Type, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Transition Type
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Closed Transition
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    2. Global Paralleling Switchgear Market, By End User, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Industrial
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Commercial
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    3. Global Paralleling Switchgear Market, By Application, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Prime
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Standby
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Peak Shave
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    4. Global Paralleling Switchgear Market, By Voltage, 2022 - 2032 (USD Million), 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Low Voltage
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Medium Voltage
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    5. Global Paralleling Switchgear Market, By Geography, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Transition Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Voltage, 2020 - 2030 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. GE
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Caterpillar
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Cummins
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. Rolls-Royce (MTU Onsite Energy)
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. Kohler
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

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