Published On : 10 May 2018
Electrical Switchgear comprise a vast range of apparatus used in secondary power distribution for switching, controlling, and protecting electrical circuits and various electrical equipment. They form a key part of circuit protection element and help the distribution lines against overloads, short-circuits, and insulation faults. These apparatus are widely useful in detecting faults. Some of the popular electric switchgear are fuses, switches, isolators, relays, circuit breakers, lightning arrestors, electrical disconnect switches, and control panels. These have gained traction with wide advancements being made in the power transmission and distribution systems, especially in developing and developed countries.
According to estimates by QYResearchReports, the global market for electrical switchgear is projected to rise at a healthy clip over the forecast period from 2017 to 2025. The growth will be driven by the rising demand for components that ensure a reliable transmission and delivery of power to people in various parts of the globe.
Variety of Attractive Functionalities of Electric Switchgear Underpin Lucrative Demand
The need for technologies that enable utility providers in circuit protection in end-use industries such as oil and gas, electricity, pharmaceutical, metallurgy, and food. In various parts of the world, especially in developing countries, there have been bold strides taken by grid modernizing programs in recent years. To fulfil in the objectives of the governmental programs, efforts to integrate circuits have intensified. Furthermore, massive efforts in governments to connect all rural and far-flung areas with electric power has led to a staggering rise in power generation capacity in primary and secondary grids. This has stoked the popularity of circuit breakers that act as interruption devices.
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Electrical switchgear has emerged as a key determinant in preventing overloads and in improving the reliability of the overall power system. When faults occur on any part of the system, switchgear plays a crucial role in detaching the faulty part from the entire system, ensuring that no damage is done to transformers and generators. This helps in reducing outages and interruptions in power supply. The demand for electrical switchgear is also gathering pace from the marked shift among utility producers to adopt an increasingly integrated approach to power distribution.
Manufactures engineer Range of Customized Solutions
The advent of advanced solutions to supplant aging switchgear infrastructures in various developed nations is a trend expected to gather steam in the coming years. A number of prominent manufacturers are aiming at introducing low- and medium- voltage switchgears that are custom made at their production facilities. The products cater to specific circuit protection schemes being adopted by customers and also meet their sub distribution requirements. Several players are introducing products with better, flexible designs.
Prominent global and regional players operating in the electrical switchgear market are Voyten Electric, NCE Switchgear, Brayan Group, Safety Electrical Group, Pacific Controls, Hyundai Ideal Electric, Eaton Corporation, Schneider Electric, C&S Electric, GE Industrial, and Lucy Group Ltd.
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