Please Wait.....
Report
Australia Switchgear Market Report and Forecast 2024-2032
Market Report I 2024-04-09 I 163 Pages I EMR Inc.
Australia Switchgear Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Australia switchgear market size reached a value of USD 1.34 billion in 2023. Aided by the increasing demand for electrical supply safety, the rapid expansion of the renewable energy sector, and advancements in switchgear technology, the market is projected to further grow at a CAGR of 4.2% between 2024 and 2032 to reach a value of USD 1.98 billion by 2032.
Switchgear, an integral component of electrical power systems, is used to control, protect, and isolate electrical equipment. It ensures the reliability and safety of the power supply, a critical aspect in the operational efficiency of various industrial sectors, including utilities, industrial, and residential sectors. The sector encompasses a wide range of products, from low-voltage switchgear to high-voltage switchgear, catering to diverse applications.
The Australia switchgear market growth is primarily driven by the modernisation of ageing electrical infrastructure and the increasing investment in renewable energy projects across Australia. The country's commitment to reducing carbon emissions and its ambitious renewable energy targets have led to a surge in the installation of solar and wind power plants, necessitating the adoption of advanced switchgear solutions for efficient energy distribution and management.
Furthermore, the Australian government's regulatory policies promoting energy efficiency and safety standards in electrical installations have underscored the importance of high-quality switchgear. These regulations have spurred innovation in the switchgear market in Australia, with manufacturers focusing on developing technologically advanced, environmentally friendly, and energy-efficient products.
As Australia accelerates its shift towards renewable energy sources, the demand for switchgear capable of managing intermittent power supply increases. The integration of solar and wind energy into the grid requires advanced switchgear solutions that can handle fluctuating voltages and currents, ensuring stability and reliability in power distribution. As per the Australia switchgear market analysis, the demand for compact and modular switchgear is also growing, especially in urban areas where space is limited. These designs not only save valuable space but also offer flexibility in installation and expansion. Compact switchgear is particularly beneficial in densely populated or constrained environments, supporting the expansion of electrical infrastructure without the need for an extensive physical footprint.
As per the Australia switchgear market outlook, the digitalisation trend is making a substantial impact on the switchgear sector. With the integration of the Internet of Things (IoT), switchgear can now offer enhanced functionalities such as real-time monitoring, predictive maintenance, and energy management. This digital transformation enables more efficient grid management and supports the transition to smart grids, where energy efficiency and reliability are paramount.
The rising adoption of energy storage systems, including battery storage, as a complement to renewable energy sources, is influencing Australia switchgear market development. Switchgear that is compatible with ESS is crucial for optimising energy storage and release, contributing to grid stability and energy efficiency. This trend underscores the need for flexible switchgear solutions that can adapt to various energy storage technologies.
One notable trend is the increasing adoption of smart switchgear, equipped with digital capabilities for remote monitoring, control, and diagnostics. This advancement enhances the operational efficiency of power systems, enables predictive maintenance, and minimises downtime. Another significant trend is the shift towards gas-insulated switchgear (GIS), which offers superior performance and reduced space requirements compared to traditional air-insulated switchgear (AIS), contributing to the Australia switchgear market share.
Sustainability and environmental considerations are also influencing market developments, with a growing demand for switchgear that uses eco-friendly insulating gases instead of sulphur hexafluoride (SF6), a potent greenhouse gas. Manufacturers are exploring SF6-free technologies and alternative gases that significantly reduce the environmental impact.
Market Segmentation
The market can be divided based on voltage, installation, insulation, and end use.
Market Breakup by Voltage
- Low
- Medium
- High
Market Breakup by Installation
- Indoor
- Outdoor
Market Breakup by Insulation
- Gas
- Air
- Others
Market Breakup by End Use
- Utilities
- Residential and Commercial
- Industrial
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia switchgear market. Some of the major players explored in the report by Expert Market Research are as follows:
- Schneider Electric SE
- Siemens AG
- ABB Ltd.
- Eaton Plc
- Hitachi Ltd.
- Toshiba Corp.
- Mitsubishi Electric Corp.
- RPS Switchgear Limited
- Tamco Switchgear Malaysia SDN BHD
- Insulect Australia Pty Ltd.
- Others
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Switchgear Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Switchgear Historical Market (2018-2023)
8.3 Asia Pacific Switchgear Market Forecast (2024-2032)
8.4 Asia Pacific Switchgear Market breakup by Country
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 ASEAN
8.4.5 Australia
8.4.6 Others
9 Australia Switchgear Market Overview
9.1 Key Industry Highlights
9.2 Australia Switchgear Historical Market (2018-2023)
9.3 Australia Switchgear Market Forecast (2024-2032)
10 Australia Switchgear Market by Voltage
10.1 Low
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Medium
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 High
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Australia Switchgear Market by Installation
11.1 Indoor
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Outdoor
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Australia Switchgear Market by Insulation
12.1 Gas
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Air
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Australia Switchgear Market by End Use
13.1 Utilities
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Residential and Commercial
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Industrial
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Schneider Electric SE
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Siemens AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 ABB Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Eaton Plc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Hitachi Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Toshiba Corp.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Mitsubishi Electric Corp.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 RPS Switchgear Limited
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Tamco Switchgear Malaysia SDN BHD
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Insulect Australia Pty Ltd.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Switchgear Market: Key Industry Highlights, 2018 and 2032
2. Australia Switchgear Market: Key Industry Highlights, 2018 and 2032
3. Australia Switchgear Historical Market: Breakup by Voltage (USD Billion), 2018-2023
4. Australia Switchgear Market Forecast: Breakup by Voltage (USD Billion), 2024-2032
5. Australia Switchgear Historical Market: Breakup by Installation (USD Billion), 2018-2023
6. Australia Switchgear Market Forecast: Breakup by Installation (USD Billion), 2024-2032
7. Australia Switchgear Historical Market: Breakup by Insulation (USD Billion), 2018-2023
8. Australia Switchgear Market Forecast: Breakup by Insulation (USD Billion), 2024-2032
9. Australia Switchgear Historical Market: Breakup by End Use (USD Billion), 2018-2023
10. Australia Switchgear Market Forecast: Breakup by End Use (USD Billion), 2024-2032
11. Australia Switchgear Market Structure
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security