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Pad-Mounted Switchgear Market Analysis, Growth, Size, Share, Trends, Forecast and Demand to 2020

Pad-mounted switchgear is used in underground distribution system to ensure continuous and reliable electricity distribution. It increases the efficiency and reliability of the electrical supply with the advantage of being less susceptible to lightning and provides easy diagnosis of faults. Factors driving the pad-mounted switchgear market include increase in T&D infrastructure investment, growing trends toward undergrounding to ensure efficient & reliable power distribution systems Global pad-mounted switchgear market stands at USD 3.7 Billion in 2014, and is expected to grow at a CAGR of 9.1% during 2015-2020.

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