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Colin Bennett

Switchgear Market Worth $136.71 Billion by 2019 - Largest markets Asia Pacific and util... - 0 views

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    "Asia Pacific: The Largest Market for Switchgear The Asia-Pacific region holds the largest market for switchgear, driven largely by the number of transmission and distribution line up gradations and developments in the South East Asia. These developments are due to its growing energy needs is the major growth engine for this market. Utilities: Biggest Market by Application Switchgear is mostly used in Transmission & Distribution by power utility companies. They are used for switching the equipment or the circuit during the event of fault. With the growing transmission and distribution network across globe, the number of substations will keep on increasing. This increasing number of substations is expected to increase the use and demand for switchgears. Maximum T&D expansion projects are ongoing in Asia-Pacific and the market is expected to be the biggest and the fastest growing market for switchgear. The Switchgear industry is fragmented and offers several opportunities for consolidation and growth in efficiency through an increase in economies of scale. The industry has low entry and exit barriers. This is a major driver of the Switchgear Market. Top players of the PR market are ABB (Switzerland), Eaton Corporation (Ireland), GE (U.S.), and Siemens AG (Germany)."
Colin Bennett

China Continuing to Lead the Global Switchgear Market by 2020 - 0 views

  • Holding the largest share in the world, the Chinese switchgear market is expected to increase at a Compound Annual Growth Rate (CAGR) of 10.8% between 2013 and 2020, reaching a share of 19.2% by 2020, forecasts research and consulting firm GlobalData.
Colin Bennett

ABB inaugurates 2 new manufacturing plants for power products in India - 0 views

  • The high-voltage unit will produce gas-insulated switchgear (GIS) and PASS (plug and switch system) hybrid switchgear to serve growing demand in India and will also serve as an export hub. The new transformer factory will focus on the production of dry-type and oil immersed distribution transformers.
Colin Bennett

Your Power Transmission News - Toshiba Reinforces Transmission & Distribution Equipment... - 0 views

  • A new line for large power transformers will come on line in spring 2015, at the same time as the full scale launch of a new line for switchgears.
Colin Bennett

ABB wins substations order in India - 0 views

  • “This order supports the development of 765 kV power infrastructure in India, enhancing transmission capacity and efficiency to help meet the growing demand for power,” said Peter Leupp, head of ABB’s Power Systems division. “These substations will also strengthen grid reliability and improve power stability in the region.”ABB is responsible for the design, engineering, supply and commissioning of the 765 kV and 400 kV air-insulated switchgear (AIS) substations. The switchyards will also be equipped with IEC 61850 compliant automation, control and protection solutions, which enable the development and integration of intelligent power networks. The project is scheduled to be completed by 2012.Substations are key installations in the power grid that transform voltage levels and facilitate the safe and efficient transmission and distribution of electricity. They include equipment that protects and controls the flow of electrical power, enhancing grid reliability.
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