パッドマウント型スイッチギア市場 – 2030年までの世界予測

Pad Mounted Switchgear Market - Global Forecast To 2030

パッドマウント型スイッチギア市場 - タイプ(空気、ガス、固体誘電体、その他)、電圧(最大15 kV、15~25 kV、25~38 kV)、用途(産業用、商業用、住宅用)、規格(IEC、IEEE)、および地域別 - 2030年までの世界予測
Pad–Mounted Switchgear Market by Type (Air, Gas, Solid Dielectric, Others), Voltage (Up to 15 kV, 15–25 kV, 25–38 kV), Application (Industrial, Commercial, Residential), Standard (IEC, IEEE), and Region - Global Forecast to 2030

商品番号 : SMB-31827

出版社MarketsandMarkets
出版年月2025年7月
ページ数251
図表数347
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、パッドマウント型スイッチギア市場の用途(産業用、商業用、住宅用)、タイプ(気中絶縁型、ガス絶縁型、固体誘電体型、その他)、電圧(最大15kV、15~25kV、25~38kV)、規格(IEC、IEEE)、および地域を定義、説明、予測しています。また、市場の詳細な定性・定量分析も提供しています。レポートでは、主要な市場促進要因、制約要因、機会、課題を徹底的に分析しています。さらに、市場の様々な重要な側面についても考察しています。パッドマウント型スイッチギア市場の主要企業を包括的に分析し、各社の事業概要、ソリューションとサービス、主要戦略に関する洞察を提供しています。さらに、関連する契約、パートナーシップ、合意、新製品の発売、合併、買収、その他の最近の動向についても取り上げています。さらに、パッドマウント型スイッチギア市場のエコシステムにおける新興企業の競合分析も行っています。

The global Pad-mounted switchgear market is projected to grow from USD 6.13 billion in 2025 to USD 7.97 billion by 2030, at a CAGR of 5.4%.

世界のパッドマウント型スイッチギア市場は、2025 年の 61 億 3,000 万米ドルから 2030 年には 79 億 7,000 万米ドルに成長し、CAGR 5.4% で成長すると予測されています。

パッドマウント型スイッチギア市場 - 2030年までの世界予測 - chosareport.com
pad-mounted-switchgear-market-new

The global pad-mounted switchgear market is expected to grow steadily, driven by increasing demand for modern, resilient, and low-maintenance power distribution infrastructure. As utilities continue transitioning toward smart grids and decentralized energy systems, there is a growing reliance on intelligent switchgear solutions embedded with advanced monitoring and predictive maintenance capabilities. Pad-mounted switchgear, widely used in underground distribution systems across residential, commercial, and industrial sectors, is evolving with features that enable real-time diagnostics, fault detection, and remote condition monitoring. Predictive maintenance technologies assist utilities in monitoring insulation aging, tracking switchgear wear and tear, and identifying early signs of potential failures—thus preventing costly outages and boosting operational efficiency. This move from time-based to condition-based maintenance is especially valuable in critical applications such as data centers, healthcare, and EV charging networks, where downtime can lead to significant losses. Additionally, with the increasing integration of renewable energy and bidirectional power flows, modern pad-mounted switchgear must operate under dynamic conditions. Intelligent solutions with thermal sensors, arc-fault detection, and communication-enabled modules allow for quick isolation and service restoration, thereby improving grid reliability. As utilities seek to extend asset life and ensure workforce safety, predictive maintenance is becoming a key enabler, supporting sustained growth in the pad-mounted switchgear market while reducing lifecycle costs and enhancing service continuity.

15–25 kV to be the fastest-growing voltage segment during the forecast period

The 15–25 kV segment is expected to be the fastest-growing voltage category in the pad-mounted switchgear market during the forecast period, due to its versatility and increasing use across various utility and infrastructure applications. This voltage range is commonly used in feeder automation, substation upgrades, and secondary distribution systems, where it facilitates fault isolation, load switching, and service restoration. As the world moves toward smart grid infrastructure, utilities are increasingly adopting 15–25 kV pad-mounted switchgear systems with smart features like remote monitoring, fault detection, and automated switching. These systems help reduce outage times and enhance grid reliability, especially in urban, semi-urban, and growing peri-urban areas where demand for stable, high-quality power is rising. Additionally, this voltage range provides a good balance between cost and capacity, making it popular for renewable energy integration, electric vehicle charging stations, and medium-scale industrial projects. Governments and utilities globally are heavily investing in replacing aging infrastructure and automating distribution networks, which continues to fuel growth in the 15–25 kV segment. Consequently, this segment is expected to gain strong momentum in both developed and emerging economies, driven by rising electrification, smart city initiatives, and increasing power quality demand.

Solid dielectric segment to exhibit highest CAGR during forecast period

The solid dielectric segment of the pad-mounted switchgear market is expected to have the highest CAGR during the forecast period, driven by the global move toward environmentally friendly, compact, and maintenance-free switchgear solutions. Unlike traditional oil-insulated or SF₆-based switchgear, solid dielectric switchgear uses epoxy or polymer-based insulation, which removes the risk of leakage, flammability, or harmful greenhouse gas emissions. This makes it especially appealing in urban, densely populated, or environmentally sensitive areas where safety, sustainability, and footprint reduction are priorities. The segment is also benefiting from the increasing adoption of underground distribution networks, particularly in regions prone to extreme weather events, where solid dielectric switchgear provides improved reliability and operational continuity. Moreover, utilities and infrastructure developers are increasingly favoring low-maintenance, long-lasting solutions that lower the total cost of ownership. The compatibility of solid dielectric switchgear with automation, remote control, and condition monitoring technologies also supports its expanding use in modern smart grid applications. With growing regulatory pressure to limit SF₆ due to its high global warming potential, and a worldwide push toward greener grid solutions, the solid dielectric segment is set for rapid growth and market penetration in both developed and emerging economies.

Europe to be largest market during forecast period

Europe is expected to be the largest market for pad-mounted switchgear during the forecast period, driven by strong regulatory frameworks, aging grid infrastructure upgrades, and the continent’s accelerated efforts to adopt renewable energy. Many European countries are shifting from overhead to underground distribution systems for better reliability and aesthetics—especially in urban and suburban areas—making pad-mounted switchgear a vital part of medium-voltage power networks. Additionally, strict EU environmental policies and SF₆ phase-down initiatives are encouraging utilities and industrial operators to invest in environmentally friendly and automation-ready switchgear systems, including solid dielectric and dry-air insulated options. Major spending on smart grid infrastructure, decarbonizing energy systems, and integrating distributed energy resources (DER) also contribute to the increased demand. Countries like Germany, France, the UK, and Italy are heavily investing in grid modernization, EV charging infrastructure, and distributed renewable projects, all of which need compact, reliable, and safe switching equipment like pad-mounted switchgear. Consequently, Europe is poised to lead the global market in both demand and technological progress in the coming years.

パッドマウント型スイッチギア市場 - 2030年までの世界予測 - region
pad-mounted-switchgear-market-new-region

In-depth interviews have been conducted with chief executive officers (CEOs), directors, and other executives from various key organizations operating in the pad-mounted switchgear market.

  • By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
  • By Designation: C-level Executives – 35%, Directors – 25%, and Others – 40%
  • By Region: Asia Pacific – 30%, North America – 40%, Europe – 20%, Middle East & Africa – 5%, and South America – 5%

Note: Other designations include engineers and sales & regional managers.

The tiers of the companies are defined based on their total revenue as of 2024: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3: <USD 500 million.

A few major players with extensive geographical presence dominate the pad-mounted switchgear market. The leading players are Eaton (Ireland), Hubbell (US), ABB (Switzerland), G&W Electric (US), and S&C Electric (US)

パッドマウント型スイッチギア市場 - 2030年までの世界予測 - ecosystem
pad-mounted-switchgear-market-new-ecosystem

Research Coverage:

The report defines, describes, and forecasts the pad-mounted switchgear market applications (industrial, commercial, residential), types (Air-insulated, Gas-insulated, Solid dielectric, others), voltages (Up to 15 kV, 15-25 kV, 25-38 kV), standards (IEC, IEEE), and regions. It also provides a detailed qualitative and quantitative analysis of the market. The report thoroughly reviews the main market drivers, restraints, opportunities, and challenges. It also discusses various important aspects of the market. A comprehensive analysis of key players in the pad-mounted switchgear market has been performed. This analysis offers insights into their business overview, solutions and services, and key strategies. It also includes relevant contracts, partnerships, and agreements, along with new product launches, mergers, acquisitions, and other recent developments. Additionally, the report features a competitive analysis of emerging startups within the pad-mounted switchgear market ecosystem.

Reasons to Buy This Report:

This report serves as a strategic resource for industry leaders and newcomers, providing a comprehensive analysis of the market and its subsegments. It gives stakeholders a deep understanding of the competitive landscape, helping them improve their business positioning and develop effective go-to-market strategies. Additionally, the report clarifies current market dynamics, emphasizing key drivers, constraints, challenges, and opportunities that guide strategic decision-making.

The report provides insights on the following points:

  • Analysis of key drivers (surging electricity consumption & electrification trends, grid reliability and resilience modernization), restraints (high capital investment for installation & maintenance, operational and technical complexities), opportunities (investments in upgrading and expanding power distribution infrastructure, automation and reduction of AT&C losses), and challenges (synchronization of SF₆ phase‑out in hybrid networks, retrofit difficulties in legacy systems) influencing the growth
  • Product Development/Innovation: Innovation in pad-mounted switchgear focuses on solid dielectric insulation, dry air alternatives to SF₆, and digital automation technologies. Leading companies are enhancing their products with self-powered relays, arc-resistant designs, thermal and arc-flash sensors, and SCADA integration, boosting the switchgear’s responsiveness, diagnostics, and safety. New models feature modular compartments, low carbon footprints, and touch-safe interfaces, which improve safety and shorten installation time. Advanced sealing, corrosion-resistant materials, and vandal-proof enclosures are utilized to endure tough environmental conditions, particularly for urban and industrial applications.
  • Market Development: Emerging economies in Asia Pacific, Africa, and South America are experiencing strong growth in pad-mounted switchgear deployment due to rapid urbanization, smart city initiatives, and expansion of distribution networks. Government-funded projects, such as India’s Revamped Distribution Sector Scheme (RDSS), Kenya’s Last Mile Connectivity Project, and Brazil’s DER integration plans, are consistently driving demand for pad-mounted switchgear in low-to-medium voltage applications. These systems are essential for reliable secondary distribution, particularly where aesthetics, safety, and compactness matter.
  • Market Diversification: Pad-mounted switchgear is increasingly used in diverse applications beyond traditional utilities, including EV charging stations, solar parks, commercial complexes, underground metro systems, data centers, and hospitals. Each application requires specific configurations—from smart automation-ready units to compact, solid-insulated gear suitable for tight spaces. Manufacturers are meeting this demand by offering plug-and-play modular systems, low-maintenance designs, and arc-flash mitigation features that minimize downtime while boosting safety and resilience.
  • Competitive Assessment: Major players in the pad-mounted switchgear market include Eaton (Ireland), Hubbell (US), ABB (Switzerland), G&W Electric (US), and S&C Electric (US). These companies maintain global manufacturing networks and are actively involved in regional partnerships, utility collaborations, and EPC projects to localize production and better serve rapidly growing markets. Their competitive strategies involve investments in eco-friendly technologies, regional R&D facilities, and digital platforms that enable real-time monitoring and predictive diagnostics. By focusing on sustainability, compliance, and modularity, these firms are well-positioned to meet the changing demands of a modern, decarbonized grid infrastructure.

Table of Contents

1               INTRODUCTION              27

1.1           STUDY OBJECTIVES       27

1.2           MARKET DEFINITION   27

1.3           MARKET SCOPE                28

1.3.1        MARKET SEGMENTATION           28

1.3.2        INCLUSIONS AND EXCLUSIONS 28

1.4           YEARS CONSIDERED      30

1.5           CURRENCY CONSIDERED            30

1.6           LIMITATIONS    30

1.7           STAKEHOLDERS               30

1.8           SUMMARY OF CHANGES               31

2               RESEARCH METHODOLOGY       32

2.1           RESEARCH DATA              32

2.2           MARKET BREAKDOWN AND DATA TRIANGULATION                 33

2.2.1        SECONDARY DATA          34

2.2.1.1    Key data from secondary sources       34

2.2.2        PRIMARY DATA 34

2.2.2.1    Key data from primary sources           35

2.2.2.2    Breakdown of primary interviews      35

2.3           MARKET SIZE ESTIMATION         36

2.3.1        BOTTOM-UP APPROACH              37

2.3.2        TOP-DOWN APPROACH                38

2.3.3        DEMAND-SIDE METRICS               39

2.3.3.1    Assumptions for demand-side analysis             39

2.3.3.2    Calculations for demand-side analysis              39

2.3.4        SUPPLY-SIDE ANALYSIS                 40

2.3.4.1    Supply-side calculation        41

2.3.4.2    Assumptions for the supply side        41

2.3.4.3    Assumptions and calculations             41

2.4           FORECAST          42

3               EXECUTIVE SUMMARY  43

4               PREMIUM INSIGHTS       47

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET          47

4.2           PAD-MOUNTED SWITCHGEAR MARKET IN EUROPE,  BY APPLICATION AND COUNTRY             48

4.3           PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION   48

4.4           PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE                 49

4.5           PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE                 49

4.6           PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD                 50

4.7           PAD-MOUNTED SWITCHGEAR MARKET, BY REGION                 50

5               MARKET OVERVIEW       51

5.1           INTRODUCTION              51

5.2           MARKET DYNAMICS       51

5.2.1        DRIVERS               52

5.2.1.1    Surging electricity consumption & electrification trends                 52

5.2.1.2    Grid reliability and resilience modernization   53

5.2.1.3    Installation of underground distribution systems to reduce energy losses and enhance safety    53

5.2.2        RESTRAINTS      54

5.2.2.1    High capital investment for installation & maintenance                 54

5.2.2.2    Operational and technical complexities            54

5.2.3        OPPORTUNITIES              55

5.2.3.1    Investments in upgrade and expansion of power distribution infrastructure        55

5.2.3.2    Automation and reduction of AT&C losses     56

5.2.4        CHALLENGES    57

5.2.4.1    Synchronization of SF₆ phase‑out in hybrid networks    57

5.2.4.2    Retrofitting in legacy systems             58

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            58

5.3.1        NEW REVENUE POCKETS FOR POWER GRID PROVIDERS                 58

5.4           ECOSYSTEM ANALYSIS  59

5.5           SUPPLY CHAIN ANALYSIS             61

5.5.1        RAW MATERIAL SUPPLIERS         61

5.5.2        COMPONENT MANUFACTURERS              61

5.5.3        PAD-MOUNTED SWITCHGEAR MANUFACTURERS/ASSEMBLERS              62

5.5.4        DISTRIBUTORS 62

5.5.5        END USER            62

5.6           TECHNOLOGY ANALYSIS             62

5.6.1        KEY TECHNOLOGIES     62

5.6.1.1    Vacuum interruption technology       62

5.6.1.2    Solid dielectric insulation    62

5.6.2        COMPLEMENTARY TECHNOLOGIES       63

5.6.2.1    Remote terminal units         63

5.6.2.2    Sensor technology (thermal, arc flash, voltage/current)                 63

5.6.3        ADJACENT TECHNOLOGIES       64

5.6.3.1    Underground distribution cabling     64

5.6.3.2    Distributed energy resources & microgrids      64

5.7           KEY CONFERENCES AND EVENTS, 2025–2026        65

5.8           TARIFF AND REGULATORY LANDSCAPE               66

5.8.1        TARIFFS RELATED TO SWITCHGEARS    66

5.8.2        PAD-MOUNTED SWITCHGEAR: REGULATORY LANDSCAPE       67

5.8.3        CODES AND REGULATORY POLICIES RELATED TO PAD-MOUNTED SWITCHGEAR SYSTEMS         72

5.9           PRICING ANALYSIS          73

5.10         PATENT ANALYSIS          74

5.11         TRADE ANALYSIS             76

5.11.1      TRADE ANALYSIS FOR HS CODE 853590  76

5.11.2      IMPORT SCENARIO (HS CODE 853590)    77

5.11.3      EXPORT SCENARIO (HS CODE 853590)    78

5.11.4      TRADE ANALYSIS FOR HS CODE 853690  79

5.11.5      IMPORT SCENARIO (HS CODE 853690)    79

5.11.6      EXPORT SCENARIO (HS CODE 853690)    81

5.12         CASE STUDY ANALYSIS 82

5.12.1      S&C’S PAD-MOUNTED GEAR PROVIDED SUPERIOR QUALITY AND RELIABILITY REQUIRED BY MUNICIPAL UTILITY                 82

5.12.2      ELASTIMOLD’S SOLID-DIELECTRIC SWITCHGEAR ADDRESSED CHALLENGES FACED BY FIRSTENERGY DUE TO AGING INFRASTRUCTURE           83

5.12.3      UK-BASED NORTHERN POWERGRID COMPANY DEPLOYED ABB’S SF6-FREE SWITCHGEAR TO DECARBONIZE ITS ELECTRICAL NETWORK        83

5.12.4      NATIONAL GRID EMPLOYED SF6-FREE HV SUBSTATIONS IN ITS SOUTHEAST ENGLAND NETWORK TO ENSURE A RELIABLE ELECTRICITY SUPPLY         84

5.13         PORTER’S FIVE FORCES ANALYSIS           85

5.13.1      THREAT OF SUBSTITUTES          85

5.13.2      BARGAINING POWER OF SUPPLIERS       86

5.13.3      BARGAINING POWER OF BUYERS             86

5.13.4      THREAT OF NEW ENTRANTS      86

5.13.5      INTENSITY OF COMPETITIVE RIVALRY 86

5.14         KEY STAKEHOLDERS AND BUYING CRITERIA     87

5.14.1      KEY STAKEHOLDERS IN BUYING PROCESS           87

5.14.2      BUYING CRITERIA           88

5.15         IMPACT OF GEN AI/AI IN PAD-MOUNTED SWITCHGEAR MARKET               88

5.15.1      ADOPTION OF GEN AI/AI IN PAD-MOUNTED SWITCHGEAR MARKET 88

5.15.2      IMPACT OF GEN AI/AI ON PAD-MOUNTED SWITCHGEAR MARKET,  BY REGION     89

5.16         IMPACT OF 2025 US TARIFF – OVERVIEW              90

5.16.1      INTRODUCTION              90

5.17         KEY TARIFF RATES          91

5.18         PRICE IMPACT ANALYSIS             91

5.19         IMPACT ON COUNTRY/REGION                92

5.19.1      US           92

5.19.2      EUROPE               93

5.19.3      ASIA PACIFIC     93

5.20         IMPACT ON END-USE INDUSTRIES          94

6               PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION   95

6.1           INTRODUCTION              96

6.2           INDUSTRIAL      97

6.2.1        RISING DEMAND FOR RELIABLE AND RESILIENT POWER DISTRIBUTION SOLUTIONS TO DRIVE SEGMENT             97

6.3           COMMERCIAL   98

6.3.1        STRENGTHENING POWER RESILIENCE AMID EXPANDING COMMERCIAL INFRASTRUCTURE TO BOOST SEGMENT            98

6.4           RESIDENTIAL    99

6.4.1        ENHANCED URBAN AESTHETICS AND RELIABILITY WITH UNDERGROUND DISTRIBUTION TO FUEL SEGMENT                 99

7               PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD                 101

7.1           INTRODUCTION              102

7.2           INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC)      103

7.3           INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS (IEEE)           104

7.4           OTHER STANDARDS      104

8               PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE                 106

8.1           INTRODUCTION              107

8.2           AIR-INSULATED                108

8.2.1        ADOPTION TO GAIN MOMENTUM DUE TO ENVIRONMENTAL BENEFITS     108

8.3           GAS-INSULATED              109

8.3.1        HIGH GRID RESILIENCE WITH COMPACT GAS-INSULATED PAD-MOUNTED SWITCHGEAR – KEY DRIVER                 109

8.4           SOLID-DIELECTRIC        110

8.4.1        OFFERS RELIABILITY FOR MISSION-CRITICAL POWER DISTRIBUTION 110

8.5           OTHER TYPES   111

9               PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE                 113

9.1           INTRODUCTION              114

9.2           UP TO 15 KV       115

9.2.1        RISING DEMAND IN RESIDENTIAL APPLICATIONS TO DRIVE MARKET 115

9.3           15–25 KV               116

9.3.1        INCREASING ADOPTION IN FEEDER AND SUBSTATION AUTOMATION APPLICATIONS TO PROPEL MARKET GROWTH                 116

9.4           25–38 KV               117

9.4.1        RISING DEMAND FROM INDUSTRIAL AND COMMERCIAL EXPANSION TO DRIVE GLOBAL GROWTH                 117

10            PAD-MOUNTED SWITCHGEAR MARKET, BY REGION                 118

10.1         INTRODUCTION              119

10.2         EUROPE               120

10.2.1      UK          123

10.2.1.1  Renewable energy integration in power grids to drive market                 123

10.2.2      GERMANY           125

10.2.2.1  Increasing focus on energy efficiency and grid expansion to fuel market growth       125

10.2.3      FRANCE                127

10.2.3.1  Improvement in power generation, transmission, and distribution infrastructure to propel market          127

10.2.4      REST OF EUROPE             129

10.3         NORTH AMERICA             131

10.3.1      US           135

10.3.1.1  Strong need to modernize aging power infrastructure to drive demand  135

10.3.2      CANADA               137

10.3.2.1  Increasing investment in renewables to support market growth                 137

10.3.3      MEXICO                139

10.3.3.1  Adoption of smart grid technology to fuel the need for pad-mounted switchgear systems              139

10.4         ASIA PACIFIC     141

10.4.1      CHINA  144

10.4.1.1  Increasing investments in clean energy projects to accelerate demand for pad-mounted switchgear                144

10.4.2      INDIA    146

10.4.2.1  Rising electrification to drive market                 146

10.4.3      AUSTRALIA         148

10.4.3.1  Electrification of railroad network to boost demand       148

10.4.4      SOUTH KOREA  150

10.4.4.1  Rising consumption of natural gas, nuclear energy, and coal in power sector to boost demand            150

10.4.5      REST OF ASIA PACIFIC   152

10.5         MIDDLE EAST & AFRICA                154

10.5.1      GCC COUNTRIES              158

10.5.1.1  Saudi Arabia          159

10.5.1.1.1                Favorable government policies for use of renewables in power generation to drive market      159

10.5.1.2  UAE        162

10.5.1.2.1                Government focus on increasing power generation capacity to boost demand    162

10.5.1.3  Qatar      164

10.5.1.3.1                Grid modernization and smart city projects to fuel demand  164

10.5.1.4  Rest of GCC          166

10.5.2      SOUTH AFRICA 168

10.5.2.1  Investment in power capacity addition and energy efficiency improvement to accelerate market growth       168

10.5.3      EGYPT  170

10.5.3.1  Refurbishment of power plant infrastructure to lead to high demand  170

10.5.4      REST OF MIDDLE EAST & AFRICA             172

10.6         SOUTH AMERICA             174

10.6.1      BRAZIL 176

10.6.1.1  Urban expansion and grid resilience to fuel demand      176

10.6.2      ARGENTINA       179

10.6.2.1  Need for uninterrupted power supply in oil & gas operations to fuel demand           179

10.6.3      REST OF SOUTH AMERICA           181

11            COMPETITIVE LANDSCAPE         184

11.1         OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS                 184

11.2         MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2024                 187

11.3         REVENUE ANALYSIS, 2020–2024  189

11.4         COMPANY EVALUATION MATRIX/QUADRANT, 2024                 190

11.4.1      STARS   190

11.4.2      EMERGING LEADERS     190

11.4.3      PERVASIVE PLAYERS      190

11.4.4      PARTICIPANTS 190

11.4.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         192

11.4.5.1  Company footprint               192

11.4.5.2  Region footprint   192

11.4.5.3  Standard footprint                193

11.4.5.4  Application footprint            194

11.5         STARTUPS/SMES EVALUATION QUADRANT       195

11.5.1      PROGRESSIVE COMPANIES         195

11.5.2      RESPONSIVE COMPANIES            195

11.5.3      DYNAMIC COMPANIES  195

11.5.4      STARTING BLOCKS         195

11.5.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 197

11.5.5.1  Detailed list of key startups/SMEs    197

11.5.5.2  Competitive benchmarking of key startups/SMEs          197

11.6         COMPETITIVE SCENARIO             199

12            COMPANY PROFILES      203

12.1         KEY PLAYERS     203

12.1.1      EATON 203

12.1.1.1  Business overview 203

12.1.1.2  Products offered   204

12.1.1.3  Recent developments           205

12.1.1.3.1                Deals      205

12.1.1.4  MnM view              206

12.1.1.4.1                Right to win           206

12.1.1.4.2                Strategic choices   207

12.1.1.4.3                Weaknesses & competitive threats     207

12.1.2      HUBBELL             208

12.1.2.1  Business overview 208

12.1.2.2  Products/Solutions/Services offered 209

12.1.2.3  Recent developments           210

12.1.2.3.1                Deals      210

12.1.2.4  MnM view              210

12.1.2.4.1                Right to win           210

12.1.2.4.2                Strategic choices   211

12.1.2.4.3                Weaknesses & competitive threats     211

12.1.3      ABB        212

12.1.3.1  Business overview 212

12.1.3.2  Products offered   213

12.1.3.3  Recent developments           214

12.1.3.3.1                Deals      214

12.1.3.3.2                Expansions             215

12.1.3.3.3                Other developments             216

12.1.3.4  MnM view              216

12.1.3.4.1                Right to win           216

12.1.3.4.2                Strategic choices   216

12.1.3.4.3                Weaknesses & competitive threats     217

12.1.4      G&W ELECTRIC 218

12.1.4.1  Business overview 218

12.1.4.2  Products offered   218

12.1.4.3  Recent developments           219

12.1.4.3.1                Deals      219

12.1.4.3.2                Expansions             220

12.1.4.3.3                Others    220

12.1.4.4  MnM view              220

12.1.4.4.1                Right to win           220

12.1.4.4.2                Strategic choices   221

12.1.4.4.3                Weaknesses & competitive threats     221

12.1.5      S&C ELECTRIC  222

12.1.5.1  Business overview 222

12.1.5.2  Products offered   222

12.1.5.3  Recent developments           223

12.1.5.3.1                Expansions             223

12.1.5.3.2                Deals      223

12.1.5.4  MnM view              223

12.1.5.4.1                Right to win           223

12.1.5.4.2                Strategic choices   224

12.1.5.4.3                Weaknesses & competitive threats     224

12.1.6      POWELL               225

12.1.6.1  Business overview 225

12.1.6.2  Products offered   226

12.1.7      FEDERAL PACIFIC            227

12.1.7.1  Business overview 227

12.1.7.2  Products offered   227

12.1.7.3  Recent developments           228

12.1.7.3.1                Expansions             228

12.1.8      ENTEC ELECTRIC & ELECTRONIC            229

12.1.8.1  Business overview 229

12.1.8.2  Products offered   229

12.1.9      NOJA POWER     230

12.1.9.1  Business overview 230

12.1.9.2  Products offered   230

12.1.9.3  Recent developments           231

12.1.9.3.1                Deals      231

12.1.10   TIEPCO GROUP                 232

12.1.10.1                 Business overview 232

12.1.10.2                 Products offered   232

12.1.11   GHORIT ELECTRICALS  233

12.1.11.1                 Business overview 233

12.1.11.2                 Products offered   233

12.1.12   NINGBO TIANAN GROUP              234

12.1.12.1                 Business overview 234

12.1.12.2                 Products offered   234

12.1.13   TRAYER SWITCHGEAR  236

12.1.13.1                 Business overview 236

12.1.13.2                 Products offered   236

12.1.13.3                 Recent developments           237

12.1.13.3.1             Deals      237

12.1.14   KDM STEEL        238

12.1.14.1                 Business overview 238

12.1.14.2                 Products offered   238

12.1.15   SWITCHGEAR POWER SYSTEMS LLC       239

12.1.15.1                 Business overview 239

12.1.15.2                 Products offered   239

12.1.16   PARK DETROIT 240

12.1.16.1                 Business overview 240

12.1.16.2                 Products offered   240

12.2         OTHER PLAYERS              241

12.2.1      BEIJING KYLIN POWER & TECHNOLOGY               241

12.2.2      TELAWNE POWER EQUIPMENTS PVT. LTD.         241

12.2.3      ORMAZABAL      242

12.2.4      ACTOM 242

13            APPENDIX           243

13.1         INSIGHTS FROM INDUSTRY EXPERTS     243

13.2         DISCUSSION GUIDE        243

13.3         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                247

13.4         CUSTOMIZATION OPTIONS        249

13.5         RELATED REPORTS         249

13.6         AUTHOR DETAILS           250

LIST OF TABLES

TABLE 1                PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD         28

TABLE 2                PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE            29

TABLE 3                PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE     29

TABLE 4                PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION   29

TABLE 5                PAD-MOUNTED SWITCHGEAR MARKET, BY REGION                29

TABLE 6                SNAPSHOT OF PAD-MOUNTED SWITCHGEAR MARKET, 2025 VS. 2030   43

TABLE 7                GLOBAL T&D INFRASTRUCTURE EXPANSION AND REFURBISHMENT PLANS   55

TABLE 8                INTRODUCTION OF PERFORMANCE-BASED INCENTIVE PROGRAMS IN ENERGY SECTOR OF KEY COUNTRIES                 57

TABLE 9                COMPANIES AND THEIR ROLE IN POWER GRID ECOSYSTEM       60

TABLE 10              PAD-MOUNTED SWITCHGEAR MARKET: CONFERENCES AND EVENTS, 2025–2026                 65

TABLE 11              IMPORT TARIFF FOR HS CODE 853590-COMPLIANT PRODUCTS, 2024    66

TABLE 12              IMPORT TARIFF FOR HS CODE 853690-COMPLIANT PRODUCTS, 2024    67

TABLE 13              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 68

TABLE 14              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS        69

TABLE 15              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS                 70

TABLE 16              MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 71

TABLE 17              SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 71

TABLE 18              PAD-MOUNTED SWITCHGEAR: CODES AND REGULATIONS  72

TABLE 19              INDICATIVE PRICING OF PAD-MOUNTED SWITCHGEAR, BY TYPE (USD/UNIT)       73

TABLE 20              INDICATIVE PRICING OF PAD-MOUNTED SWITCHGEAR, BY REGION (USD/UNIT) 74

TABLE 21              PAD-MOUNTED SWITCHGEAR MARKET: KEY PATENTS, 2022–2025        75

TABLE 22              IMPORT SCENARIO FOR HS CODE 853590-COMPLIANT PRODUCTS, BY COUNTRY,  2022–2024 (USD THOUSAND)      77

TABLE 23              EXPORT SCENARIO FOR HS CODE 853590-COMPLIANT PRODUCTS, BY COUNTRY,  2020–2022 (USD THOUSAND)      78

TABLE 24              IMPORT SCENARIO FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY,  2022–2024 (USD THOUSAND)      80

TABLE 25              EXPORT SCENARIO FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY,  2022–2024 (USD THOUSAND)      81

TABLE 26              PAD-MOUNTED SWITCHGEAR MARKET: PORTER’S FIVE FORCES ANALYSIS           85

TABLE 27              INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS         87

TABLE 28              KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 88

TABLE 29              US ADJUSTED RECIPROCAL TARIFF RATES                 91

TABLE 30              EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON END-USE MARKET DUE TO TARIFFS              92

TABLE 31              PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            96

TABLE 32              PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            96

TABLE 33              INDUSTRIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2021–2024 (USD MILLION)            97

TABLE 34              INDUSTRIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2025–2030 (USD MILLION)            98

TABLE 35              COMMERCIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2021–2024 (USD MILLION)            98

TABLE 36              COMMERCIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2025–2030 (USD MILLION)            99

TABLE 37              RESIDENTIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2021–2024 (USD MILLION)            99

TABLE 38              RESIDENTIAL: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2025–2030 (USD MILLION)            100

TABLE 39              PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, 2021–2024 (USD MILLION)  102

TABLE 40              PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, 2025–2030 (USD MILLION)  103

TABLE 41              KEY STANDARDS ACROSS MAJOR COUNTRIES                 105

TABLE 42              PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2024 (USD MILLION)                107

TABLE 43              PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2025–2030 (USD MILLION)                108

TABLE 44              AIR-INSULATED: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2021–2024 (USD MILLION)            109

TABLE 45              AIR-INSULATED: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2025–2030 (USD MILLION)            109

TABLE 46              GAS-INSULATED: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2021–2024 (USD MILLION)            110

TABLE 47              GAS-INSULATED: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2025–2030 (USD MILLION)            110

TABLE 48              SOLID-DIELECTRIC: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2021–2024 (USD MILLION)            111

TABLE 49              SOLID-DIELECTRIC: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2025–2030 (USD MILLION)            111

TABLE 50              OTHER TYPES: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2021–2024 (USD MILLION)            112

TABLE 51              OTHER TYPES: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2025–2030 (USD MILLION)            112

TABLE 52              PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)      114

TABLE 53              PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)      114

TABLE 54              UP TO 15 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2021–2024 (USD MILLION)            115

TABLE 55              UP TO 15 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2025–2030 (USD MILLION)            115

TABLE 56              15–25 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2021–2024 (USD MILLION)            116

TABLE 57              15–25 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2025–2030 (USD MILLION)            116

TABLE 58              25–38 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2021–2024 (USD MILLION)            117

TABLE 59              25–38 KV: PAD-MOUNTED SWITCHGEAR MARKET, BY REGION,

2025–2030 (USD MILLION)            117

TABLE 60              PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2021–2024 (USD MILLION)          120

TABLE 61              PAD-MOUNTED SWITCHGEAR MARKET, BY REGION, 2025–2030 (USD MILLION)          120

TABLE 62              EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            121

TABLE 63              EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            122

TABLE 64              EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            122

TABLE 65              EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            122

TABLE 66              EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            122

TABLE 67              EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            123

TABLE 68              EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            123

TABLE 69              EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            123

TABLE 70              UK: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2024 (USD MILLION)                124

TABLE 71              UK: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2025–2030 (USD MILLION)                124

TABLE 72              UK: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            124

TABLE 73              UK: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            125

TABLE 74              UK: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            125

TABLE 75              UK: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            125

TABLE 76              GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            126

TABLE 77              GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            126

TABLE 78              GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            126

TABLE 79              GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            127

TABLE 80              GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            127

TABLE 81              GERMANY: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            127

TABLE 82              FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            128

TABLE 83              FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            128

TABLE 84              FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            128

TABLE 85              FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            129

TABLE 86              FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            129

TABLE 87              FRANCE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            129

TABLE 88              REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            130

TABLE 89              REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            130

TABLE 90              REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            130

TABLE 91              REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            131

TABLE 92              REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,  2021–2024 (USD MILLION)            131

TABLE 93              REST OF EUROPE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,  2025–2030 (USD MILLION)            131

TABLE 94              NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            133

TABLE 95              NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            133

TABLE 96              NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            133

TABLE 97              NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            133

TABLE 98              NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            134

TABLE 99              NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            134

TABLE 100            NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            134

TABLE 101            NORTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            134

TABLE 102            US: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2024 (USD MILLION)                135

TABLE 103            US: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2025–2030 (USD MILLION)                136

TABLE 104            US: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            136

TABLE 105            US: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            136

TABLE 106            US: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            136

TABLE 107            US: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            137

TABLE 108            CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            137

TABLE 109            CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            138

TABLE 110            CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            138

TABLE 111            CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            138

TABLE 112            CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            138

TABLE 113            CANADA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            139

TABLE 114            MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            140

TABLE 115            MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            140

TABLE 116            MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            140

TABLE 117            MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            140

TABLE 118            MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            141

TABLE 119            MEXICO: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)          141

TABLE 120            ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            142

TABLE 121            ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            142

TABLE 122            ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            142

TABLE 123            ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            143

TABLE 124            ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            143

TABLE 125            ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            143

TABLE 126            ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            143

TABLE 127            ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY,

2025–2030 (USD MILLION)          144

TABLE 128            CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            145

TABLE 129            CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            145

TABLE 130            CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            145

TABLE 131            CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            145

TABLE 132            CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            146

TABLE 133            CHINA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            146

TABLE 134            INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            147

TABLE 135            INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            147

TABLE 136            INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            147

TABLE 137            INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            148

TABLE 138            INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            148

TABLE 139            INDIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            148

TABLE 140            AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            149

TABLE 141            AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            149

TABLE 142            AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            149

TABLE 143            AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            150

TABLE 144            AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)          150

TABLE 145            AUSTRALIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            150

TABLE 146            SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            151

TABLE 147            SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            151

TABLE 148            SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)          151

TABLE 149            SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            152

TABLE 150            SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            152

TABLE 151            SOUTH KOREA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            152

TABLE 152            REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            153

TABLE 153            REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            153

TABLE 154            REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,  2021–2024 (USD MILLION)            153

TABLE 155            REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,  2025–2030 (USD MILLION)            154

TABLE 156            REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,  2021–2024 (USD MILLION)            154

TABLE 157            REST OF ASIA PACIFIC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,  2025–2030 (USD MILLION)            154

TABLE 158            MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            155

TABLE 159            MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            155

TABLE 160            MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,  2021–2024 (USD MILLION)            155

TABLE 161            MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,  2025–2030 (USD MILLION)            156

TABLE 162            MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,  2021–2024 (USD MILLION)            156

TABLE 163            MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,  2025–2030 (USD MILLION)            156

TABLE 164            MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY,  2021–2024 (USD MILLION)            157

TABLE 165            MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY,  2025–2030 (USD MILLION)            157

TABLE 166            GCC COUNTRIES: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            158

TABLE 167            GCC COUNTRIES: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)          158

TABLE 168            GCC COUNTRIES: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            158

TABLE 169            GCC COUNTRIES: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            159

TABLE 170            GCC COUNTRIES: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            159

TABLE 171            GCC COUNTRIES: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)          159

TABLE 172            SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            160

TABLE 173            SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)          160

TABLE 174            SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            161

TABLE 175            SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            161

TABLE 176            SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            161

TABLE 177            SAUDI ARABIA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)          161

TABLE 178            UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2021–2024 (USD MILLION)         162

TABLE 179            UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2025–2030 (USD MILLION)         162

TABLE 180            UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            163

TABLE 181            UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            163

TABLE 182            UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            163

TABLE 183            UAE: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            163

TABLE 184          QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            164

TABLE 185          QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            164

TABLE 186          QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            165

TABLE 187          QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            165

TABLE 188          QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)          165

TABLE 189          QATAR: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            165

TABLE 190            REST OF GCC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            166

TABLE 191            REST OF GCC: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            166

TABLE 192            REST OF GCC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            167

TABLE 193            REST OF GCC: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            167

TABLE 194            REST OF GCC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            167

TABLE 195            REST OF GCC: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            168

TABLE 196            SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            168

TABLE 197            SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            169

TABLE 198            SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            169

TABLE 199            SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            169

TABLE 200            SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            169

TABLE 201            SOUTH AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            170

TABLE 202          EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            170

TABLE 203          EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            171

TABLE 204          EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            171

TABLE 205          EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            171

TABLE 206          EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)          171

TABLE 207          EGYPT: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            172

TABLE 208            REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,  2021–2024 (USD MILLION)            172

TABLE 209            REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,  2025–2030 (USD MILLION)            172

TABLE 210            REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET,

BY VOLTAGE, 2021–2024 (USD MILLION)                173

TABLE 211            REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET,

BY VOLTAGE, 2025–2030 (USD MILLION)                173

TABLE 212            REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET,

BY APPLICATION, 2021–2024 (USD MILLION)       173

TABLE 213            REST OF MIDDLE EAST & AFRICA: PAD-MOUNTED SWITCHGEAR MARKET,

BY APPLICATION, 2025–2030 (USD MILLION)       174

TABLE 214            SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            174

TABLE 215            SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            175

TABLE 216            SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            175

TABLE 217            SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            175

TABLE 218            SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            175

TABLE 219            SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            176

TABLE 220            SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            176

TABLE 221            SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            176

TABLE 222          BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            177

TABLE 223          BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            177

TABLE 224          BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            178

TABLE 225          BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            178

TABLE 226          BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            178

TABLE 227          BRAZIL: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            178

TABLE 228            ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2021–2024 (USD MILLION)            179

TABLE 229            ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,

2025–2030 (USD MILLION)            179

TABLE 230            ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            180

TABLE 231            ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            180

TABLE 232            ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            180

TABLE 233            ARGENTINA: PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            181

TABLE 234            REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,  2021–2024 (USD MILLION)                 181

TABLE 235            REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE,  2025–2030 (USD MILLION)                 182

TABLE 236            REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,  2021–2024 (USD MILLION)            182

TABLE 237            REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE,  2025–2030 (USD MILLION)            182

TABLE 238            REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET,

BY APPLICATION, 2021–2024 (USD MILLION)       183

TABLE 239            REST OF SOUTH AMERICA: PAD-MOUNTED SWITCHGEAR MARKET,

BY APPLICATION, 2025–2030 (USD MILLION)       183

TABLE 240            OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF PAD-MOUNTED SWITCHGEAR SOLUTIONS        184

TABLE 241            PAD-MOUNTED SWITCHGEAR MARKET: DEGREE OF COMPETITION, 2024               187

TABLE 242            PAD-MOUNTED SWITCHGEAR MARKET: REGION FOOTPRINT     192

TABLE 243            PAD-MOUNTED SWITCHGEAR MARKET: STANDARD FOOTPRINT               193

TABLE 244            PAD-MOUNTED SWITCHGEAR MARKET: APPLICATION FOOTPRINT         194

TABLE 245            PAD-MOUNTED SWITCHGEAR MARKET: KEY STARTUPS/SMES              197

TABLE 246            PAD-MOUNTED SWITCHGEAR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY STANDARD         197

TABLE 247            PAD-MOUNTED SWITCHGEAR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY APPLICATION   198

TABLE 248            PAD-MOUNTED SWITCHGEAR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY REGION                198

TABLE 249            PAD-MOUNTED SWITCHGEAR MARKET: DEALS, JANUARY 2020–JULY 2025               199

TABLE 250            PAD-MOUNTED SWITCHGEAR MARKET: EXPANSIONS, JANUARY 2020–JULY 2025  200

TABLE 251            PAD-MOUNTED SWITCHGEAR MARKET: OTHER DEVELOPMENTS,

JANUARY 2020–JULY 2025               202

TABLE 252            EATON: BUSINESS OVERVIEW   203

TABLE 253            EATON: PRODUCTS OFFERED   204

TABLE 254            EATON: DEALS 205

TABLE 255            HUBBELL: BUSINESS OVERVIEW               208

TABLE 256            HUBBELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED             209

TABLE 257            HUBBELL: DEALS             210

TABLE 258            ABB: BUSINESS OVERVIEW          212

TABLE 259            ABB: PRODUCTS OFFERED          213

TABLE 260            ABB: DEALS        214

TABLE 261            ABB: EXPANSIONS           215

TABLE 262            ABB: OTHER DEVELOPMENTS   216

TABLE 263            G&W ELECTRIC: BUSINESS OVERVIEW   218

TABLE 264            G&W ELECTRIC: PRODUCTS OFFERED  218

TABLE 265            G&W ELECTRIC: DEALS 219

TABLE 266            G&W ELECTRIC: EXPANSIONS   220

TABLE 267            G&W ELECTRIC: OTHERS              220

TABLE 268            S&C ELECTRIC: BUSINESS OVERVIEW     222

TABLE 269            S&C ELECTRIC: PRODUCTS OFFERED    222

TABLE 270            S&C ELECTRIC: EXPANSIONS     223

TABLE 271            S&C ELECTRIC: DEALS  223

TABLE 272            POWELL: BUSINESS OVERVIEW 225

TABLE 273            POWELL: PRODUCTS OFFERED 226

TABLE 274            FEDERAL PACIFIC: BUSINESS OVERVIEW                 227

TABLE 275            FEDERAL PACIFIC: PRODUCTS OFFERED                 227

TABLE 276            FEDERAL PACIFIC: EXPANSIONS               228

TABLE 277            ENTEC ELECTRIC & ELECTRONIC: BUSINESS OVERVIEW          229

TABLE 278            ENTEC ELECTRIC & ELECTRONIC: PRODUCTS OFFERED             229

TABLE 279            NOJA POWER: BUSINESS OVERVIEW       230

TABLE 280            NOJA POWER: PRODUCTS OFFERED       230

TABLE 281            NOJA POWER: DEALS     231

TABLE 282            TIEPCO GROUP: BUSINESS OVERVIEW  232

TABLE 283            TIEPCO GROUP: PRODUCTS OFFERED  232

TABLE 284            GHORIT ELECTRICALS: BUSINESS OVERVIEW                 233

TABLE 285            GHORIT ELECTRICALS: PRODUCTS OFFERED                 233

TABLE 286            NINGBO TIANAN GROUP: BUSINESS OVERVIEW                 234

TABLE 287            NINGBO TIANAN GROUP: PRODUCTS OFFERED                 234

TABLE 288            TRAYER SWITCHGEAR: BUSINESS OVERVIEW                 236

TABLE 289            TRAYER SWITCHGEAR: PRODUCTS OFFERED                 236

TABLE 290            TRAYER SWITCHGEAR: DEALS   237

TABLE 291            KDM STEEL: BUSINESS OVERVIEW           238

TABLE 292            KDM STEEL: PRODUCTS OFFERED          238

TABLE 293            SWITCHGEAR POWER SYSTEMS LLC: BUSINESS OVERVIEW          239

TABLE 294            SWITCHGEAR POWER SYSTEMS LLC: PRODUCTS OFFERED    239

TABLE 295            PARK DETROIT: BUSINESS OVERVIEW   240

TABLE 296            PARK DETROIT: PRODUCTS OFFERED  240

LIST OF FIGURES

FIGURE 1              PAD-MOUNTED SWITCHGEAR MARKET: RESEARCH DESIGN         32

FIGURE 2              PAD MOUNTED SWITCHGEAR MARKET: DATA TRIANGULATION             33

FIGURE 3              BREAKDOWN OF PRIMARIES      36

FIGURE 4              PAD-MOUNTED SWITCHGEAR MARKET: BOTTOM-UP APPROACH              37

FIGURE 5              PAD-MOUNTED SWITCHGEAR MARKET: TOP-DOWN APPROACH          38

FIGURE 6              METRICS CONSIDERED FOR ANALYZING DEMAND FOR PAD-MOUNTED SWITCHGEAR    39

FIGURE 7              KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF PAD-MOUNTED SWITCHGEAR SOLUTIONS 40

FIGURE 8              PAD-MOUNTED SWITCHGEAR MARKET: SUPPLY-SIDE ANALYSIS                 41

FIGURE 9              INDUSTRIAL SEGMENT TO BE LARGEST APPLICATION IN 2030    44

FIGURE 10            IEC SEGMENT TO HOLD LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, IN 2030                 44

FIGURE 11            25–38 KV SEGMENT TO DOMINATE PAD-MOUNTED SWITCHGEAR MARKET,

BY VOLTAGE     45

FIGURE 12            SOLID-DIELECTRIC SEGMENT TO EXHIBIT FASTEST GROWTH, BY TYPE, DURING FORECAST PERIOD                 45

FIGURE 13            EUROPE ACCOUNTED FOR LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2024                 46

FIGURE 14            INCREASING INVESTMENTS IN UPGRADING AND EXPANDING DISTRIBUTION INFRASTRUCTURE TO PROVIDE OPPORTUNITIES FOR PLAYERS             47

FIGURE 15            UK AND INDUSTRIAL SEGMENT HELD LARGEST SHARE OF EUROPEAN  PAD-MOUNTED SWITCHGEAR MARKET IN 2024  48

FIGURE 16            INDUSTRIAL SEGMENT CAPTURED LARGEST SHARE OF GLOBAL PAD-MOUNTED SWITCHGEAR MARKET IN 2024        48

FIGURE 17            15–25 KV SEGMENT HELD MAJOR SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2024                 49

FIGURE 18            GAS-INSULATED PAD-MOUNTED SWITCHGEAR SOLUTIONS ACCOUNTED FOR LARGEST MARKET SHARE IN 2024        49

FIGURE 19            IEEE STANDARD ACCOUNTED FOR LARGEST SHARE OF PAD-MOUNTED SWITCHGEAR MARKET IN 2024                 50

FIGURE 20            MIDDLE EAST & AFRICA TO RECORD HIGHEST CAGR IN PAD-MOUNTED SWITCHGEAR MARKET DURING FORECAST PERIOD         50

FIGURE 21            PAD-MOUNTED SWITCHGEAR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES                 51

FIGURE 22            GLOBAL ELECTRICITY GENERATION (TWH), 2010–2050              52

FIGURE 23            REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET                 59

FIGURE 24            MARKET MAP/ECOSYSTEM         59

FIGURE 25            PAD-MOUNTED SWITCHGEAR MARKET: SUPPLY CHAIN ANALYSIS             61

FIGURE 26            SWITCHGEAR MARKET: PATENTS GRANTED AND APPLIED, 2015–2024               74

FIGURE 27            IMPORT DATA FOR HS CODE 853590-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)      78

FIGURE 28            EXPORT DATA FOR HS CODE 853590-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)      79

FIGURE 29            IMPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)      81

FIGURE 30            EXPORT DATA HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY,

2020–2024 (USD THOUSAND)      82

FIGURE 31            PAD-MOUNTED SWITCHGEAR MARKET: PORTER’S FIVE FORCES ANALYSIS           85

FIGURE 32            INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS         87

FIGURE 33            KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 88

FIGURE 34            IMPACT OF GEN AI/AI ON PAD-MOUNTED SWITCHGEAR MARKET, BY REGION        89

FIGURE 35            PAD-MOUNTED SWITCHGEAR MARKET, BY APPLICATION, 2024         96

FIGURE 36            PAD-MOUNTED SWITCHGEAR MARKET, BY STANDARD, 2024               102

FIGURE 37            PAD-MOUNTED SWITCHGEAR MARKET, BY TYPE, 2024           107

FIGURE 38            PAD-MOUNTED SWITCHGEAR MARKET, BY VOLTAGE, 2024 114

FIGURE 39            REGIONAL SNAPSHOT: MIDDLE EASTERN & AFRICAN MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD         119

FIGURE 40            PAD-MOUNTED SWITCHGEAR MARKET SHARE, BY REGION, 2024               119

FIGURE 41            EUROPE: MARKET SNAPSHOT   121

FIGURE 42            NORTH AMERICA: MARKET SNAPSHOT 132

FIGURE 43            MARKET SHARE ANALYSIS OF COMPANIES OFFERING PAD-MOUNTED SWITCHGEAR MARKET, 2024                 188

FIGURE 44            REVENUE ANALYSIS OF TOP THREE PLAYERS IN PAD-MOUNTED SWITCHGEAR MARKET, 2020–2024           189

FIGURE 45            PAD-MOUNTED SWITCHGEAR MARKET: KEY COMPANY EVALUATION MATRIX, 2024  191

FIGURE 46            PAD-MOUNTED SWITCHGEAR MARKET: COMPANY FOOTPRINT 192

FIGURE 47            PAD-MOUNTED SWITCHGEAR MARKET: STARTUPS/SMES EVALUATION

QUADRANT, 2024              196

FIGURE 48            EATON: COMPANY SNAPSHOT  204

FIGURE 49            HUBBELL: COMPANY SNAPSHOT             209

FIGURE 50            ABB: COMPANY SNAPSHOT        213

FIGURE 51            POWELL: COMPANY SNAPSHOT                226