|By PR Newswire||
|April 4, 2014 05:58 AM EDT||
DUBLIN, April 4, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/ddnmrx/global_switch) has announced the addition of the "Global Switch Gear Market 2014-2018" report to their offering.
The steady shift from conventional switchgears to modular switchgear is one of the major trends in the Global Switchgear market. The conventional air-insulated switchgear has various components such as circuit breakers, current transformers, and disconnectors. These components need more installation space thereby increasing the cost of installation. However, the modular switchgear overcomes these issues by integrating these functions into the breaking chamber of the circuit breaker, which results in easy installation and optimization of the overall operational cost.
According to the report, one of the main factors is the increasing demand for renewable sources of energy. Several developed and developing countries such as India, the US, Germany, Japan, Brazil, Taiwan, and China are experiencing a rapid industrialization phase and are making investments in renewable sources of energy, which is driving the demand for switchgears across the globe.
Further, the report states that one of the main challenges in this market is the rising cost of raw materials. The price of switchgears is increasing due to the high cost of raw materials such as copper, aluminum and steel.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
6. Market Landscape
7. Market Segmentation by Application
8. Geographical Segmentation
9. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- ABB Ltd.
- Alstom SA
- Siemens AG
For more information visit http://www.researchandmarkets.com/research/ddnmrx/global_switch
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets