Global Air Insulated Switchgear Market is projected to attain high growth rate through 2032 credited to the burgeoning electricity demand and grid infrastructure. The improvement of the current electric networks will result from the incorporation of smart network technology with existing energy-saving policies and resources, which will propel the market expansion.

In order to sustain in the current industry competition, the market players are striving for partnerships and acquisitions. Hefty investments in the construction and modernization of electrical infrastructure can open new avenues for market expansion. For instance, in May 2022, Schneider Electric introduced its EvoPacT Twist Breakers and SureSeT MV Switchgear. The technology, backed by the EvoPacT circuit breaker, took the position of Schneider Electric’s Masterclad system for primary switchgear applications that oversee digitalized basic tasks.

The air-insulated switchgear market has been bifurcated in terms of voltage, application, and region.

Based on voltage, the high (> 36 kV) segment is expected to yield a high market share through 2032 due to the increasing reliance on large-scale sectors that include production and energy generation facilities. The industry has diversified into tightly controlled market platforms with benefits for standardized products together with increased attention towards the safety & dependability of the entire electric grid network, further driving the overall business dynamics.

With respect to application, the utility segment is slated to expand over the review timeline fueled by the successful use of air gas-insulated switchgear in industries for high, medium, and extra high voltage substations across the world. Manufacturers are creating solutions driven by clean air that help businesses and utilities minimize their negative environmental effects and improve maintenance and operations. For instance, in June 2022, Schneider Electric added GM AirSeTTM to its lineup of SF6-Free Green and Digital MV switchgear to offer sustainable solutions to its wide range of customers. The latest addition will help nations meet their climate goals and transition towards more sustainable energy systems.

From the regional perspective, the Asia Pacific air-insulated switchgear market is estimated to grow significantly through the upcoming years. The regional market growth can be credited to the dramatic uptick in industrialization and urban development, paired with increasing per capita income, which has resulted in greater commercial and industrial investment.