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Download Free sampleThe global Metal-Clad Switchgear market was valued at 5056.64 Million USD in 2021 and will grow with a CAGR of 3.87% from 2021 to 2027, based on Research newly published report.
The prime objective of Metal-Clad Switchgear Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Metal-Clad Switchgear Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Metal-clad switchgear requires that the main switching and interrupting device be drawout. It may be either a circuit breaker (usual) or a load-break interrupter switch (unusual). Circuit breakers are always electrically operated. Extensive barriering, shutters over the primary circuit elements when the interrupter is withdrawn, and insulation-covered bus are all required.The market is driven by various end-user industries, such as Living Power Control and Commercial Power Control. ABB is the leading manufacturer in the global Metal-Clad Switchgear market with the market share of 11.56%, in terms of revenue, followed by Schneider Electric, EATON, SIEMENS, Mitsubishi Electric, Fuji Electric, Hyundai Heavy Industries, Toshiba, CHINT, Hyosung, Meidensha Corporation, Wecome, LSIS Co. Ltd., HEAG, CTCS, Sunrise Group, SHVS, and SENTEG. These leading 18 companies accounted for 49% of the market share in 2019.
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