Top 8 companies in the Medium Voltage Switchgear Market by Intellectual Market Insights Research

Published Date : 2023-Aug-25

Medium Voltage Switchgear Market Players Analysis: SENTEG, Lucky Group Ltd., Jyothi Ltd, Bharat Heavy Industries, Schneider Electric, Fuji Electric Co., Ltd, Chint Group, Eaton Corporation, Ormazabal, Hyosung Heavy Industries, TOSHIBA Corporation, General Electric, Siemens AG, Hyundai Electric & Energy Systems Co., Ltd., ABB Ltd, Powell Industries, Mitsubishi Electric Corporation and More

According to a comprehensive study by Intellectual Market Insights Research, the global Medium Voltage Switchgear Market size was valued at USD 37.25 Billion in 2021 and is projected to reach USD 57.12 Billion by 2028.

Medium Voltage Switchgear Market Size, Share & Trends Analysis Report by Type, by Application, Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2028.

Growing at a CAGR of 5.81% from 2021 to 2028.

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  1. ABB Ltd


Founded: 1988

Headquarters:  Västerås, Sweden, Zürich, Switzerland


About Us: ABB Ltd. is a Swedish-Swiss multinational corporation headquartered in Västerås, Sweden, and Zürich, Switzerland. The company was formed in 1988 when Sweden's Allmänna Svenska Elektriska Aktiebolaget (Asea) and Switzerland's Brown, Boveri & Cie merged to create Asea Brown Boveri, later simplified to the initials ABB.

The company had nearly 105,130 employees and had revenue of $ 13.2 Billion.


  1. General Electrics


Founded: 1892

Headquarters: Boston, Massachusetts, U.S.


About Us: General Electric Company (GE) is an American multinational conglomerate founded in 1892 incorporated in the state of New York and headquartered in Boston. The company operates in aerospace, power, renewable energy, digital industry, additive manufacturing, and venture capital and finance.

The company had nearly 172,000 employees and had revenue of $ 36.37 Billion.

  1. Schneider Electrics


Founded: 1836

Headquarters: Rueil-Malmaison, France    


About Us: Schneider Electric SE is a French multinational company that specializes in digital automation and energy management. It addresses homes, buildings, data centers, infrastructure, and industries, by combining energy technologies, real-time automation, software, and services.

The company had nearly 162,339 employees and had revenue of 26.09 Billion.


  1. Siemens AG


Founded: 1847

Headquarters: Munich and Berlin, Germany          


About Us: Siemens AG is a German multinational technology conglomerate. Its operations encompass automation and digitalization in the process and manufacturing industries, intelligent infrastructure for buildings and distributed energy systems, rail transport solutions, as well as health technology and digital healthcare services.

The company had nearly 311,000 employees and had revenue of €54.805 Billion.


  1. Toshiba Corporation


Founded: 1875

Headquarters: Minato, Tokyo, Japan          


About Us: Toshiba Corporation commonly known as Toshiba and stylized as TOSHIBA, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan. Its diversified products and services include power, industrial and social infrastructure systems, elevators and escalators, electronic components, semiconductors

The company had nearly 116,224 employees and had revenue of ¥1,366.66 Billion.


  1. Mitsubishi Electrics


Founded: 1921

Headquarters: Tokyo, Japan


About Us: Mitsubishi Electric Corporation established on 15 January 1921, is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi. The products from MELCO include elevators and escalators

The company had nearly 145,696 employees and had revenue of ¥2.975 Trillion.


  1. Eaton Corporation


Founded: 1911

Headquarters: Dublin, Ireland


About Us: Eaton Corporation plc is an American-Irish multinational power management company with 2022 sales of $20.75 billion, founded in the United States with global headquarters in Dublin, Ireland, and a secondary administrative center in Beachwood, Ohio. Eaton has over 92,000 employees and sells products to customers in over 175 countries.

The company had nearly 92,000 employees and had revenue of $ 17.01 Billion.


  1. Fuji Electric Co. Ltd.


Founded: 1923

Headquarters: Tokyo, Japan


About Us: Fuji Electric Co., Ltd. operating under the brand name FE, is a Japanese electrical equipment company, manufacturing pressure transmitters, flowmeters, gas analyzers, controllers, inverters, pumps, generators, ICs, motors, and power equipment.

The company had nearly 26,503 employees and had revenue of $13.45 Billion.

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