Global Medium Voltage Switchgears Market Analysis and Forecast 2026-2032

Medium-voltage switchgear refers to factory-assembled, metal-enclosed electrical power distribution equipment—typically covering nominal system voltages from about 1 kV up to 36 kV (often referenced as 3.3 kV, 6.6 kV, 10–15 kV, 24 kV, 33–35 kV classes)—used to switch, isolate, protect, control, and meter MV circuits in a safe, maintainable, and standardized architecture. An MV switchgear lineup is normally built from functional compartments (busbar, circuit-breaker or switch compartment, cable terminations, and low-voltage control compartment) and integrates primary devices (vacuum circuit breaker or load-break switch, disconnect/earthing switch, current and voltage transformers, busbars, cable terminations) with secondary systems (protection relays, control logic, interlocking, indications, metering, and communications). The design objective is controlled energy interruption and fault containment, including arc-fault mitigation through compartmentalization, pressure relief, and interlocks, with performance verified against international standards (commonly IEC 62271 series or ANSI IEEE C37 family) for dielectric withstand, temperature rise, short-time withstand, mechanical endurance, and internal arc classification where required. From a manufacturing standpoint, MV switchgear is a precision electro-mechanical product: sheet-metal fabrication and coating, copper or aluminum busbar forming and plating, dielectric parts molding and curing (epoxy or composite insulators), assembly with controlled clearances and torque, routine tests (HV withstand, partial discharge where applicable, contact resistance, functional interlocks), and final QA documentation; its value chain spans interrupter and insulation technologies, copper and insulation materials, protection and automation electronics, enclosure fabrication, and system integration for substation and building power distribution.

The global Medium Voltage Switchgears market is projected to grow from US$ million in 2026 to US$ million by 2032, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Medium Voltage Switchgears's global sales reached XX (k units) with a value of US$ XX Million, marking an change of XX% compared to the previous year. This performance has positioned ABB as the global sales leader, a title it has maintained for several consecutive years. Notably, ABB's performance in primary markets is also remarkable. In the Chinese market, sales were XX (k units), a change of XX% from the previous year. In Europe, sales were XX (k units), showing a year-on-year of XX%. In the US, sales were XX (k units), a year-on-year change of XX%.

The major global manufacturers in the Medium Voltage Switchgears market include ABB, Siemens, Eaton, Schneider Electric, Myers Power Products, Toshiba, Horng Yu Electric, Chint Group and Mitsubishi Electric, etc. In 2025, the top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Medium Voltage Switchgears production, growth rate, market share by manufacturers and by region (region level and country level), from 2021 to 2026, and forecast to 2032.

In terms of consumption side, this report focuses on the sales of Medium Voltage Switchgears by region (region level and country level), by Company, by Type and by Application. from 2021 to 2026 and forecast to 2032.

This report presents an overview of global market for Medium Voltage Switchgears, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.

This report researches the key producers of Medium Voltage Switchgears, also provides the consumption of main regions and countries. Of the upcoming market potential for Medium Voltage Switchgears, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Medium Voltage Switchgears sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Medium Voltage Switchgears market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Medium Voltage Switchgears sales, projected growth trends, production technology, application and end-user industry.

ABB

Siemens

Eaton

Schneider Electric

Myers Power Products

Toshiba

Horng Yu Electric

Chint Group

Mitsubishi Electric

Lucy Electric

Fuji Electric

Bharat Heavy Electricals

Crompton Greaves Ltd.

Boer (wuxi) Power

HD Hyundai Electric

Efacec Engineering

Nissin Electric

DUAL-Électrotech

Powell Industries

Henan Senyuan Electric

Hyosung Power & Industrial Systems

Huatech

Changshu Switch

Pinggao Electric

XJ Electric

XD-XK Electric

ZPUE SA

SGC-SwitchGear Company nv

ACTOM MV Switchgear

Aktif Elektroteknik

Groupe Cahors

Chuanli

Rockwill

NATUS GmbH

JST Power Equipment

IMESA Spa

KONČAR dd

Europower Enerji AS

Doho Electric

Ensto

Orecco Electric

Air-Insulated Switchgear (AIS)

Gas-Insulated Switchgear (GIS)

Solid-Insulated Switchgear (SIS)

Hybrid-Insulated Switchgear

Medium Voltage Switchgears Segment by End Customers

Utilities and DSO

Industrial

Commercial

Data centers

Renewables

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Colombia

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify significant trends, drivers, influence factors in global and regions.

6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Medium Voltage Switchgears market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Medium Voltage Switchgears and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Medium Voltage Switchgears.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Medium Voltage Switchgears production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.

Chapter 4: Sales (consumption), revenue of Medium Voltage Switchgears in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 5: Detailed analysis of Medium Voltage Switchgears manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Medium Voltage Switchgears sales, revenue, price, gross margin, and recent development, etc.

Chapter 9: North America by type, by application and by country, sales, and revenue for each segment.

Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.

Chapter 11: China by type, by application, sales, and revenue for each segment.

Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.

Chapter 13: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.

Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.

Chapter 15: The main concluding insights of the report.