The "Global Switchgear Contractor and Relay Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Analysts forecast the global switchgear contractor and relay market to grow at a CAGR of 6.38% during the period 2018-2022. One trend in the market is mobile substations. Certain emergency situations; such as natural calamities like earthquakes and cyclones; and catastrophic equipment failure demand the installation of electric substations that restore normal power supply as fast as possible. Mobile substations prove beneficial by catering to temporary and offshore needs, thus enabling utilities to efficiently restore electricity services to customers during outages. Mobile substations can be up-and-running within 24 hours of arrival. They can also be used as high-voltage bays on mobile trucks. A hybrid switchgear is a compact and flexible substation. Such attributes enable these substations to be installed inside limited space. Mobile substations are designed to accommodate the demanding design specifications, and this makes them uniquely flexible and mobile.

The report covers the present scenario and the growth prospects of the global switchgear contractor and relay market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Key vendors

  • ABB
  • GE
  • Mitsubishi Electric
  • Schneider Electric
  • Siemens

Other prominent vendors

  • BHEL
  • CG
  • Eaton
  • Elektrobudowa
  • Electrolafa
  • Hyosung
  • Toshiba
  • C&S Electric
  • Powell Industries
  • Larsen & Toubro

Key questions answered in this report

  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

For more information about this report visit https://www.researchandmarkets.com/research/jc4gpw/global_switchgear?w=4