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Stock impact report

North America Air & Gas Insulated MV Switchgear Market Report and Database 2024-2030 Featuring ABB, Schneider Electric, Siemens, Eaton, Elatec, Ormazabal, & Powell Industries [Yahoo! Finan...

Powell Industries, Inc. (POWL) 
US:NASDAQ Investor Relations: investor.shareholder.com/powell
Company Research Source: Yahoo! Finance
The switchgear market in NAM is forecasted to experience healthy annual revenue growth over the next 5 years after recovering from the COVID-19-induced revenue slump. The analyst expects the AIS market to achieve a Compound Annual Growth Rate (CAGR) of 9% for primary and 7.5% for secondary topologies at the end of the forecast period, translating to an annual market revenue of over USD 4.2 billion in 2028. While the GIS annual revenue market is expected to grow at a CAGR of 6% for primary and 10% for secondary topologies. With an active increase in Distributed Generation (DERs) and Electric Vehicle (EV) penetration, grid dynamics at the distribution level are more complex than ever. MV Switchgear market has further complex demand dynamics considering the varying distribution grid structure around the world and factors like primary vs secondary switchgear use and equipment preferences (Indoor vs Outdoor). Although no federal-level regulations exist in the USA regarding phasing out Show less Read more
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