Medium Voltage Switchgear Market Size and Outlook 2031

Report Description

Forecast Period	2027-2031
Market Size (2025)	USD 55.88 Billion
CAGR (2026-2031)	8.25%
Fastest Growing Segment	16kV - 27kV
Largest Market	Asia Pacific
Market Size (2031)	USD 89.91 Billion

Market Overview

The Global Medium Voltage Switchgear Market will grow from USD 55.88 Billion in 2025 to USD 89.91 Billion by 2031 at a 8.25% CAGR. Medium voltage switchgear comprises centralized assemblies of circuit breakers, fuses, and disconnectors operating between 1 kV and 52 kV, designed to protect, control, and isolate electrical equipment. The market trajectory is primarily supported by accelerated global industrialization and the critical necessity for reliable power distribution infrastructures in rapidly expanding urban centers. Furthermore, the imperative transition toward renewable energy sources mandates robust grid modernization to manage variable power generation effectively, thereby necessitating advanced protection systems to ensure network stability.

However, the sector faces a significant challenge regarding high initial capital expenditures and persistent supply chain bottlenecks that can delay critical infrastructure projects. These financial and logistical hurdles create volatility in procurement timelines, potentially slowing the pace of installation for utilities and industrial operators. Highlighting the industry response to these capacity constraints, according to T&D Europe, in 2025, member companies announced investments surpassing €9 billion to expand global manufacturing capabilities for transmission and distribution technologies.

Key Market Drivers

The increasing integration of renewable energy sources serves as a primary catalyst for the medium voltage switchgear sector. As utility operators shift away from centralized fossil-fuel generation toward distributed wind and photovoltaic systems, the electrical network requires adaptable protection mechanisms to handle bidirectional power flows and intermittent supply. This transition necessitates substantial hardware deployment to safely connect new generation assets to the grid. Demonstrating the scale of this expansion, according to the International Energy Agency, January 2024, in the 'Renewables 2023' report, global renewable capacity additions increased by 50% to reach 510 gigawatts in 2023. Consequently, this surge in capacity directly correlates with an elevated demand for switchgear units capable of ensuring system stability and mitigating faults in increasingly complex distribution networks.

Simultaneously, the modernization of aging electrical grid infrastructure and rising investments in transmission and distribution networks are reshaping market dynamics. Utilities globally are upgrading legacy systems to enhance resilience against extreme weather and meet growing urbanization demands. This refurbishment cycle drives procurement of modern, digital-ready switchgear to replace obsolete electromechanical units. According to Reuters, January 2024, in the 'China's State Grid to invest more than $70 bln in 2024' article, the State Grid Corporation of China committed to investing more than 500 billion yuan in power network construction to support these infrastructure needs. Such heavy capital allocation reflects a broader industry trend where major operators are scaling up spending to secure future network reliability. Further evidencing this commitment, according to E.ON, in 2024, the company announced a plan to invest €42 billion across Europe through 2028, focusing heavily on energy networks and energy infrastructure solutions.

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Key Market Challenges

High initial capital expenditures and persistent supply chain bottlenecks constitute a formidable barrier to the expansion of the Global Medium Voltage Switchgear Market. These logistical and financial constraints create substantial volatility in procurement planning, forcing utilities and industrial developers to delay or scale back critical infrastructure projects. As lead times for essential components lengthen and upfront costs escalate, the resulting uncertainty disrupts the installation schedules required for grid modernization, directly reducing the immediate uptake of switchgear assemblies.

The severity of these logistical impediments is evident in the growing backlog of energy projects waiting for grid integration. According to WindEurope, in 2024, over 500 GW of potential wind energy capacity remained stuck in permitting and grid connection queues, a bottleneck partly driven by the delayed deployment of necessary substation and protection equipment. This accumulation of stalled projects restricts the flow of new orders for medium voltage apparatus, thereby dampening overall market growth and complicating inventory management for manufacturers attempting to navigate erratic demand cycles.

Key Market Trends

The transition to eco-efficient SF6-free insulation technologies is fundamentally reshaping switchgear manufacturing as the industry complies with stringent environmental regulations targeting potent greenhouse gases. With the European Union’s F-gas regulation mandating the phase-out of sulphur hexafluoride in new medium voltage equipment, manufacturers are rapidly commercializing vacuum and air-insulated alternatives that eliminate global warming potential without compromising technical performance. This regulatory pressure is catalyzing large-scale procurement shifts among major utility operators who are prioritizing sustainable asset lifecycles. According to Switchgear Content, September 2025, in the 'Schneider Electric Partners with E.ON to Deploy SF6 free Switchgear Across Europe' article, Schneider Electric signed a long-term framework agreement to supply SF6-free medium-voltage switchgear equipment to E.ON’s network throughout Europe, illustrating the accelerating adoption of these green technologies.

Simultaneously, the integration of Industrial IoT sensors for real-time condition monitoring is transforming asset management strategies from time-based maintenance to predictive interventions. By embedding advanced sensing units directly into switchgear assemblies, operators can continuously track critical parameters such as busbar temperature, humidity levels, and partial discharge activity, allowing for the early detection of insulation degradation before failures occur. This digitization of primary apparatus enhances operational reliability and significantly reduces unplanned downtime by enabling targeted repairs based on actual equipment health. Highlighting the scale of this technological shift, according to Robotics & Automation News, November 2025, in the 'From Robots to Smart Grids: How Software Drives a New Era of Energy Automation' article, global spending on energy digital transformation surpassed $70 billion in 2024, driven by the urgent need for utilities to modernize infrastructure with intelligent, connected systems.

Segmental Insights

The 16kV - 27kV segment is emerging as the fastest growing category within the Global Medium Voltage Switchgear Market. This expansion is primarily driven by the extensive modernization of aging grid infrastructure and the substantial integration of renewable energy sources, such as wind and solar farms, which rely on this voltage range for efficient interconnection. Furthermore, rapid urbanization and industrial growth are creating a need for robust power systems capable of handling increased loads. Utilities increasingly adopt this segment to enhance network reliability and operational safety, ensuring stable electricity delivery across expanding distribution networks.

Regional Insights

Asia Pacific holds the dominant position in the global medium voltage switchgear market, driven primarily by rapid industrialization and urbanization in major economies such as China and India. The region generates high demand for these components due to extensive investments in upgrading transmission and distribution infrastructure to support rising energy consumption. Furthermore, government mandates regarding rural electrification and the integration of renewable energy sources accelerate grid modernization. Institutions like the State Grid Corporation of China play a significant role in this expansion by funding large-scale utility projects, thereby solidifying the region’s market leadership.

Recent Developments

In November 2025, Schneider Electric launched the GM AirSeT, a new primary gas-insulated switchgear designed to eliminate the use of sulfur hexafluoride in medium voltage electrical networks. This advanced switchgear employs pure air as the insulating medium, ensuring full compliance with evolving environmental regulations such as the European Union's F-gas restrictions. The system integrates digital features for condition-based maintenance, utilizing embedded sensors to monitor performance and reduce operational downtime. By replacing potent greenhouse gases with a sustainable alternative, the company aims to help utilities and industrial operators decarbonize their operations while maintaining high reliability and safety in critical power distribution infrastructure.
In December 2024, Nuventura and WESCOSA announced a strategic partnership to manufacture and distribute sustainable medium voltage switchgear in the Middle East, with a focus on Saudi Arabia. This collaboration combines Nuventura's proprietary dry-air gas-insulated switchgear technology, which completely eliminates the need for SF6, with WESCOSA's extensive local manufacturing capabilities and market expertise. The agreement aims to support the region's transition towards eco-friendly energy infrastructure by providing a reliable, F-gas-free alternative for electrical grids. This initiative also addresses the growing demand for sustainable power solutions in the Gulf region, aligning with broader environmental goals and regulatory shifts.
In November 2024, Siemens introduced the NXPLUS C 24 - blue GIS, its first fluorinated-gas-free gas-insulated switchgear for the United States medium voltage market. This innovative product utilizes "Clean Air" insulation, a mixture of natural atmospheric gases, thereby eliminating the use of sulfur hexafluoride and significantly reducing the carbon footprint of power distribution systems. The switchgear features a vacuum switching technology and a hermetically sealed stainless steel pressure vessel, ensuring durability and resistance to harsh environmental conditions. This launch underscores the company's commitment to decarbonizing the electrical grid while adhering to rigorous safety and performance standards like ANSI/IEEE and IEC.
In March 2024, Lucy Electric launched EcoTec, a groundbreaking medium voltage ring main unit designed specifically for the United Kingdom market. This new product represents the company's first non-SF6 switchgear solution, utilizing a blend of nitrogen and oxygen for insulation instead of the potent greenhouse gas sulfur hexafluoride. The development of EcoTec aligns with upcoming regulations, including the European Union's F-gas restrictions set for 2026, and aims to support distribution network operators in achieving net-zero emissions. The unit ensures compatibility with existing substation infrastructures, allowing for seamless upgrades while maintaining high operational reliability and safety standards.

Key Market Players

ABB Ltd.
Siemens AG
Schneider Electric SE
Eaton Corporation PLC
Mitsubishi Electric Corporation
Hitachi ABB Power Grids Ltd.
General Electric Company
Toshiba Corporation
Legrand S.A.
Hyundai Electric Co., Ltd.

By Voltage	By Current	By Insulation	By Application	By Region
3kV - 5kV 6kV - 15kV 16kV - 27kV 28kV - 40kV	AC DC	Air Insulated Switchgear Gas Insulated Switchgear Others	Transmission and Distribution Utilities Commercial Residential Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Medium Voltage Switchgear Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Medium Voltage Switchgear Market, By Voltage:

3kV - 5kV
6kV - 15kV
16kV - 27kV
28kV - 40kV

Medium Voltage Switchgear Market, By Current:

Medium Voltage Switchgear Market, By Insulation:

Air Insulated Switchgear
Gas Insulated Switchgear
Others

Medium Voltage Switchgear Market, By Application:

Transmission and Distribution Utilities
Commercial
Residential
Others

Medium Voltage Switchgear Market, By Region:

North America

United States
Canada
Mexico

Europe

France
United Kingdom
Italy
Germany
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Medium Voltage Switchgear Market.

Available Customizations:

Global Medium Voltage Switchgear Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Medium Voltage Switchgear Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Medium Voltage Switchgear Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Voltage (3kV - 5kV, 6kV - 15kV, 16kV - 27kV, 28kV - 40kV)

5.2.2. By Current (AC, DC)

5.2.3. By Insulation (Air Insulated Switchgear, Gas Insulated Switchgear, Others)

5.2.4. By Application (Transmission and Distribution Utilities, Commercial, Residential, Others)

5.2.5. By Region

5.2.6. By Company (2025)

5.3. Market Map

6. North America Medium Voltage Switchgear Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Voltage

6.2.2. By Current

6.2.3. By Insulation

6.2.4. By Application

6.2.5. By Country

6.3. North America: Country Analysis

6.3.1. United States Medium Voltage Switchgear Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Voltage

6.3.1.2.2. By Current

6.3.1.2.3. By Insulation

6.3.1.2.4. By Application

6.3.2. Canada Medium Voltage Switchgear Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Voltage

6.3.2.2.2. By Current

6.3.2.2.3. By Insulation

6.3.2.2.4. By Application

6.3.3. Mexico Medium Voltage Switchgear Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Voltage

6.3.3.2.2. By Current

6.3.3.2.3. By Insulation

6.3.3.2.4. By Application

7. Europe Medium Voltage Switchgear Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Voltage

7.2.2. By Current

7.2.3. By Insulation

7.2.4. By Application

7.2.5. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Medium Voltage Switchgear Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Voltage

7.3.1.2.2. By Current

7.3.1.2.3. By Insulation

7.3.1.2.4. By Application

7.3.2. France Medium Voltage Switchgear Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Voltage

7.3.2.2.2. By Current

7.3.2.2.3. By Insulation

7.3.2.2.4. By Application

7.3.3. United Kingdom Medium Voltage Switchgear Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Voltage

7.3.3.2.2. By Current

7.3.3.2.3. By Insulation

7.3.3.2.4. By Application

7.3.4. Italy Medium Voltage Switchgear Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Voltage

7.3.4.2.2. By Current

7.3.4.2.3. By Insulation

7.3.4.2.4. By Application

7.3.5. Spain Medium Voltage Switchgear Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Voltage

7.3.5.2.2. By Current

7.3.5.2.3. By Insulation

7.3.5.2.4. By Application

8. Asia Pacific Medium Voltage Switchgear Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Voltage

8.2.2. By Current

8.2.3. By Insulation

8.2.4. By Application

8.2.5. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Medium Voltage Switchgear Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Voltage

8.3.1.2.2. By Current

8.3.1.2.3. By Insulation

8.3.1.2.4. By Application

8.3.2. India Medium Voltage Switchgear Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Voltage

8.3.2.2.2. By Current

8.3.2.2.3. By Insulation

8.3.2.2.4. By Application

8.3.3. Japan Medium Voltage Switchgear Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Voltage

8.3.3.2.2. By Current

8.3.3.2.3. By Insulation

8.3.3.2.4. By Application

8.3.4. South Korea Medium Voltage Switchgear Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Voltage

8.3.4.2.2. By Current

8.3.4.2.3. By Insulation

8.3.4.2.4. By Application

8.3.5. Australia Medium Voltage Switchgear Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Voltage

8.3.5.2.2. By Current

8.3.5.2.3. By Insulation

8.3.5.2.4. By Application

9. Middle East & Africa Medium Voltage Switchgear Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Voltage

9.2.2. By Current

9.2.3. By Insulation

9.2.4. By Application

9.2.5. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Medium Voltage Switchgear Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Voltage

9.3.1.2.2. By Current

9.3.1.2.3. By Insulation

9.3.1.2.4. By Application

9.3.2. UAE Medium Voltage Switchgear Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Voltage

9.3.2.2.2. By Current

9.3.2.2.3. By Insulation

9.3.2.2.4. By Application

9.3.3. South Africa Medium Voltage Switchgear Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Voltage

9.3.3.2.2. By Current

9.3.3.2.3. By Insulation

9.3.3.2.4. By Application

10. South America Medium Voltage Switchgear Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Voltage

10.2.2. By Current

10.2.3. By Insulation

10.2.4. By Application

10.2.5. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Medium Voltage Switchgear Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Voltage

10.3.1.2.2. By Current

10.3.1.2.3. By Insulation

10.3.1.2.4. By Application

10.3.2. Colombia Medium Voltage Switchgear Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Voltage

10.3.2.2.2. By Current

10.3.2.2.3. By Insulation

10.3.2.2.4. By Application

10.3.3. Argentina Medium Voltage Switchgear Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Voltage

10.3.3.2.2. By Current

10.3.3.2.3. By Insulation

10.3.3.2.4. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Medium Voltage Switchgear Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. ABB Ltd.

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Siemens AG

15.3. Schneider Electric SE

15.4. Eaton Corporation PLC

15.5. Mitsubishi Electric Corporation

15.6. Hitachi ABB Power Grids Ltd.

15.7. General Electric Company

15.8. Toshiba Corporation

15.9. Legrand S.A.

15.10. Hyundai Electric Co., Ltd.

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

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