Paralleling Switchgear Market Revenue to Hit $1.55 Billion by 2023

1. Paralleling Switchgear Market by End-User (Industrial, Commercial), Application (Prime, Standby and Peak shave), Transition Type (Open Transition and Closed Transition), Voltage (Low Voltage and Medium Voltage), and Region – Global Forecast to 2023 www.MarketsandMarkets.com

2. The industrial segment is expected to be the largest segment of paralleling switchgear market, by end-user, in 2018. The industrial segment is expected to be the largest segment of the paralleling switchgear market, by end-user, in 2018. This segment is driven by factors such as the increasing demand for critical power from utilities/power generation in developing regions of Asia Pacific, the Middle East & Africa, and South America. Increased focus on data center services led by rising demand from finance and e-commerce sectors and large investments in public infrastructure projects by governments globally are the key drivers of the industrial segment of paralleling switchgear market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107294848

3. The standby segment is expected to be the largest segment of paralleling switchgear market, by application, during the forecast period. The ability to combine multiple power sources as well as multiple fuel type generators in critical power needs in end-user applications would drive the paralleling switchgear market. The rising demand from data centers, hospitals, solar PV, and construction sectors is driving the market for standby application of paralleling switchgear. Request for Customization : https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=107294848

4. Browse >> 73 market data tables 36 figures 131 pagesand in-depth TOC on “Paralleling Switchgear Market - Global Forecast to 2023” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

5. Asia Pacific: Key market for paralleling switchgear during the forecast period In this report, the paralleling switchgear market has been analyzed with respect to 5 regions, namely, Asia Pacific, Europe, North America, South America, and the Middle East & Africa. Asia Pacific is estimated to be the largest paralleling switchgear market during the forecast period. China and India are the largest markets in the Asia Pacific region and have witnessed increased investments in data centers, public infrastructure, manufacturing, and telecommunication sectors in the recent past. In addition, developing countries such as Indonesia, Thailand, Singapore, and Malaysia have increased investments in public infrastructure, oil and gas, mining, hospitals, and telecommunication sectors. Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=107294848

6. The report’s target audience includes: • Paralleling switchgear manufacturing companies • Consulting companies in the end-user sector • Process and manufacturing plants • Government and research organizations • Paralleling switchgear and equipment manufacturers • State- or government-owned corporations • Speak to analyst @https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=107294848

7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the Paralleling Switchgear Market. These players include • GE (US), • Kohler (US), • Caterpillar (US), • Cummins (US), • Rolls-Royce (UK), • Schneider Electric (France). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=107294848

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