Europe Air & Gas Insulated MV Switchgear Market Report and Database 2024-2030 Featuring ABB, Schneider Electric, Siemens, Eaton, & Ormazabal [Yahoo! Finance]
SCHNEIDER ELEC UNSP/ADR (SBGSY)
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Source: Yahoo! Finance
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). The Europe region is a significant market for switchgear OEMs as an increase in brownfield and greenfield projects implies a higher growth potential in the forecasted period. As of 2023, in terms of annual unit volume, Europe accounted for 15% of the global MV Air Insulated Switchgear (AIS) market and 45% of the global MV Gas Insulated Switchgear (GIS) market. Europe's switchgear market (AIS and GIS) is forecasted to experience single-digit growth over the next five years after recovering from the COVID-19-induced revenue slump. The analyst expects the AIS market to achieve a Compound Annual Growt
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- Schneider Electric's Supply Chain Design Journey [Forbes]Forbes
- Schneider's sustainability program heads full speed toward its end-year targets with strong local impact [Financial Post (Toronto, Ontario, Canada)]Financial Post
- StarCharge and Schneider Electric Solidify Partnership with JV Agreement, Pioneering EV and Energy Storage Solutions in Europe [Yahoo! Finance]Yahoo! Finance
- Schneider’s sustainability program heads full speed toward its end-year targets with strong local impactGlobeNewswire