Industries > Energy > Global Paralleling Switchgear Market Report 2019-2029

Global Paralleling Switchgear Market Report 2019-2029

Analysis by Application (Standby, Prime and Peak Shave), Transition Type (Open Transition and Closed Transition), by Voltage (Medium Voltage and Low Voltage), by End-User (Commercial and Industrial), Company and Country Analysis and Forecasts

PAGES: 188
PRODUCT CODE: ENE0242
SUBMARKET: Electric Power

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Market Definition:
• Paralleling switchgear is a system designed according to the changing technologies in an engine generator design, monitoring systems and switchgear control. When the utility fails, the transfer switches signals the master of the outage, the master then communicates with the on-board controller to start up.
• Paralleling Switchgears offer advanced digital and reliable controls by separating and managing the control of generators from load distribution control independently.

Market Overview and Trends
• In March 2018, Siemens announced it planned to acquire Massachusetts-based Russelectric which manufactures power control systems including automatic transfer switches and paralleling switchgear.

Market Dynamics:

Factors Influencing the Market Growth:
• Growth in Healthcare, Data Centers, and BFSI Sector
• Need for Reliable and Uninterrupted Power Supply
• Need for Reliable and Uninterrupted Power Supply

Factors Restraining the Market Growth:
• Cost Constraint
• Complexity in Control System

Market Segmentation 2019-2029:

Application
• Standby Market, 2019-2029
• Prime Market, 2019-2029
• Peak Shave Market, 2019-2029

Transition Type
• Open Transition Market, 2019-2029
• Closed Transition Market, 2019-2029

Voltage
• Medium Voltage Market, 2019-2029
• Low Voltage Market, 2019-2029

End User
• Commercial Market, 2019-2029
• Industrial Market, 2019-2029

Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Latin America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Middle East and Africa Market, 2019-2029

Competitive Analysis:
• Companies are actively engaged in different developmental strategies such as acquisition and mergers in order to improve and increase their foothold in the global Paralleling Switchgear market.

Major Market Players:
• Key company profiles such as GE, Caterpillar, Cummins, Rolls-Royce (MTU Onsite Energy), Kohler, Pioneer Power Solutions (Pioneer Critical Power), Regal Beloit Corporation (Thomson Power Systems), Schneider Electric (Asco Power Technologies), Advanced Power Technologies, Enercon Engineering, Industrial Electric Mfg and Russelectric are also provided in the report.

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CCR Ref number: KD4R6

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