UK Air Insulated Switchgear Market Size & Outlook, 2025-2030
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UK air insulated switchgear market highlights
- The UK air insulated switchgear market generated a revenue of USD 3,019.9 million in 2024 and is expected to reach USD 4,187.5 million by 2030.
- The UK market is expected to grow at a CAGR of 5.6% from 2025 to 2030.
- In terms of segment, medium voltage was the largest revenue generating voltage in 2024.
- Low Voltage is the most lucrative voltage segment registering the fastest growth during the forecast period.
Air insulated switchgear market data book summary
| Market revenue in 2024 | USD 3,019.9 million |
| Market revenue in 2030 | USD 4,187.5 million |
| Growth rate | 5.6% (CAGR from 2025 to 2030) |
| Largest segment | Medium voltage |
| Fastest growing segment | Low Voltage |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Voltage, Medium Voltage, High Voltage |
| Key market players worldwide | ABB Ltd, Portland General Electric Co, Siemens Healthineers AG ADR, Schneider Electric SE, Toshiba Corporation, Hitachi Energy, Eaton Corp PLC, Mitsubishi Electric Corp, Hubbell Inc, Larsen & Toubro Ltd DR |
Other key industry trends
- In terms of revenue, UK accounted for 4.4% of the global air insulated switchgear market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany air insulated switchgear market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 3,828.3 million by 2030.
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Air Insulated Switchgear Market Scope
Air Insulated Switchgear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hitachi Energy | View profile | 10001+ | Zürich, Zurich, Switzerland, Europe | https://www.hitachienergy.com/ |
| Larsen & Toubro Ltd DR | View profile | 330955 | Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, India, 400 001 | https://www.larsentoubro.com |
| Hubbell Inc | View profile | 18400 | 40 Waterview Drive, Shelton, CT, United States, 06484 | https://www.hubbell.com |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| Portland General Electric Co | View profile | 2842 | 121 South West Salmon Street, Portland, OR, United States, 97204 | https://www.portlandgeneral.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
UK air insulated switchgear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to air insulated switchgear market will help companies and investors design strategic landscapes.
Medium voltage was the largest segment with a revenue share of 53.11% in 2024. Horizon Databook has segmented the UK air insulated switchgear market based on low voltage, medium voltage, high voltage covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK air insulated switchgear market , including forecasts for subscribers. This country databook contains high-level insights into UK air insulated switchgear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK air insulated switchgear market size, by voltage, 2018-2030 (US$M)
UK Air Insulated Switchgear Market Outlook Share, 2024 & 2030 (US$M)
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