Switchgear monitoring system market is expected to grow significantly at a CAGR of 6.9% during the forecast period. The growing industrial and commercial sector has led to the utilization of high electricity requirements which in turn would lead to unexpected temperature rise at a particular location. The rising concern for the better maintenance of electrification systems has enabled the demand for on-line monitoring and diagnostic system. The switchgear monitoring system is the component of an electrical power system which is used for electrical power distribution and to isolate electrical loads. With the advancement in technology, the demand for power quality is increasing. Switchgear monitoring system offers real-time and on-line temperature monitoring solutions which provide the collection of temperature and transmitting information.
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The switchgear monitoring system consists of discharge sensors, instruments, and diagnostic software in order to measure the working of switchgear for scheduling the maintenance power cuts and take preventive measures to avoid failure of the switchgear system. The increasing demand for switchgear monitoring system from the manufacturing and service industry which rely heavily on the reliable power supply from electric utilities to enhance the working of the electrically powered devices is driving the switchgear monitoring system market. However, the increased cost of installation may hamper the market segment of the switchgear monitoring system. The inspection and maintenance provided by power distributors may restrain the market share of the switchgear monitoring system.
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Market Segmentation
Global Switchgear Monitoring System Market by Type
Gas-Insulated Solutions (GIS)
Air-Insulated Solutions (AIS)
Global Switchgear Monitoring System Market by End-User
Utilities
Industrial
Commercial
Others
REGIONAL ANALYSIS
North America
US
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
COMPANY PROFILES
ABB Group
Axzon
Donwil Co.
Dynamic Ratings, Inc.
Eaton Corp.
EFACEC Power Solutions, SGPS, S.A.
Emerson Electric Co.
Fuji Electric Co. Ltd.
Futronic GmbH
General Electric, Co.
Koncar – Electrical Engineering Institute. Inc
Mitsubishi Electric Corp.
Pacific Ocean Electrical Switchgear Industries, LLC
Prism Power Group
Qualitrol Corp.
S&C Electric Co.
Schneider Electric SE
Siemens AG
Tiara Vibrasindo Pratama
Trafag AG
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