According to 6Wresearch, Europe switchgear market size is projected to grow at a CAGR of 4.7% during 2019-25. Study projects such as e-Highway2050 are aimed towards developing a to top-down methodology for the expansion of the Pan-European electricity grid from 2020 to 2050, with a view to meet the EU energy policy objectives. Apart from this, the decarbonisation of the electricity sector is also one of the indispensable factors responsible for the surge in demand for switchgears.
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"Europe Switchgear Market (2019-2025)" report provides an in-depth analysis with 90 figures covered in 200 pages. The report estimates and forecast the overall Europe switchgear market by voltage, insulation type, applications, camera and countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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