Report Overview

The Australia switchgear market is expected to grow at a CAGR of 4.43 % between 2024 and 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • As per ABS, in May 2024, New South Wales accounted for 27.2% of all electrical engineers in the industry.
  • As per the ABS Labour Force Survey, in 2023, 94% of electrical engineers worked full-time hours in Australia.
  • Further, in May 2024, Victoria accounted for 23.4% of all electrical engineers in the industry.

Australia Switchgear Market Growth

Compound Annual Growth Rate

Value in AUD Million

4.43%

2024-2032


Australia Switchgear Market Outlook

*this image is indicative*

Based on insulation, oil-insulated switchgear leads the Australia switchgear market by offering high insulation properties to electrical components. Oil-insulated switchgear is adaptable to meet specific project demands and can be used in various applications. Moreover, they are suitable for harsh operating conditions due to their proven durability and performance. They also help extend the lifespan of electrical components by maintaining a balanced temperature and dissipating heat generated during operation. Air-insulated switchgear is cost-effective because it requires less maintenance and has a simpler design, reducing both operational costs and the need for specialized maintenance. In August 2022, in Australia, Schneider Electric launched a new green digital SF6-free medium voltage switchgear range.

Various trends and innovations driving the development of the Australia switchgear market include increased usage of gas-insulated and air-insulated switchgear to promote sustainability with environmentally friendly insulating gases. Innovations such as advanced control systems, digital switchgear, and smart circuit breakers are driving the market by offering improved performance, efficiency, and reliability. Furthermore, cybersecurity measures are increasingly implemented to ensure the reliability of electrical infrastructure and protect switchgear from cyber threats. Real-time monitoring and enhanced operational efficiency of switchgear are facilitated by increasing integration of the Internet of Things (IoT).

Australia Switchgear Market Segmentation

Australia Switchgear Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Installation

  • Outdoor
  • Indoor

Market Breakup by Voltage Type

  • Low Voltage (less than 1KV)
  • Medium Voltage (1KV to 75KV)
  • High Voltage (75KV TO 230KV)
  • Extra High Voltage (230KV to 500KV)
  • Ultra-High Voltage (above 500KV)

Market Breakup by Current

  • Direct Current
  • Alternating Current

Market Breakup by Insulation

  • Vacuum Insulated Switchgear
  • Gas Insulated Switchgear
  • Air Insulated Switchgear
  • Oil Insulated Switchgear

Market Breakup by Component Type

  • HRC Fuse
  • MCB
  • Power Distributor Switch Breaker
  • MCCB
  • Earth Switch
  • Switch Disconnector

Market Breakup by End Use

  • Industrial
  • Residential and Commercial

 

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Switchgear Market Share

Industrial end-use holds a major share in the Australia switchgear market due to high energy demands, complex electrical infrastructures, and the need for safety and reliability. Stringent regulatory compliance, customization and scalability, support for automation and smart grids, and significant economic contributions further drive the adoption of advanced switchgear solutions in industrial sectors.

Leading companies in the Australia switchgear market

The growth of the switchgear market is fuelled by the implementation of cybersecurity measures, integration with energy storage systems, adoption of smart grid technologies, emphasis on sustainability, and technological advancements.

  • Eaton Corporation plc
  • Schneider Electric SE
  • Hitachi Energy Australia Pty Ltd.
  • ABB Ltd.
  • RPS Switchgear Pty Ltd.
  • Mitsubishi Electric Australia Pty Limited
  • Insulect Australia Pty Ltd.
  • NOJA Power Switchgear Pty Ltd.
  • Siemens AG 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4.43% between 2024 and 2032.

Based on the installation, the switchgear market is bifurcated into indoor and outdoor.

Key players in the switchgear industry are Eaton Corporation plc, Schneider Electric SE, Hitachi Energy Australia Pty Ltd., ABB Ltd., RPS Switchgear Pty Ltd., Mitsubishi Electric Australia Pty Limited, Insulect Australia Pty Ltd., NOJA Power Switchgear Pty Ltd., and Siemens AG, among others.

Based on the current, the switchgear market is divided into direct current and alternating current.

Based on insulation, the switchgear market is bifurcated into air-insulated switchgear, vacuum-insulated switchgear, oil-insulated switchgear, and gas-insulated switchgear.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Installation
  • Voltage Type
  • Current
  • Insulation
  • Component Type
  • End Use
  • Region
Breakup by Installation
  • Outdoor
  • Indoor
Breakup by Voltage Type
  • Low Voltage (less than 1KV)
  • Medium Voltage (1KV to 75KV)
  • High Voltage (75KV TO 230KV)
  • Extra High Voltage (230KV to 500KV)
  • Ultra-High Voltage (above 500KV)
Breakup by Current
  • Direct Current
  • Alternating Current
Breakup by Insulation
  • Vacuum Insulated Switchgear
  • Gas Insulated Switchgear
  • Air Insulated Switchgear
  • Oil Insulated Switchgear
Breakup by Component Type
  • HRC Fuse
  • MCB
  • Power Distributor Switch Breaker
  • MCCB
  • Earth Switch
  • Switch Disconnector
Breakup by End Use
  • Industrial
  • Residential and Commercial
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Eaton Corporation plc
  • Schneider Electric SE
  • Hitachi Energy Australia Pty Ltd.
  • ABB Ltd.
  • RPS Switchgear Pty Ltd.
  • Mitsubishi Electric Australia Pty Limited
  • Insulect Australia Pty Ltd.
  • NOJA Power Switchgear Pty Ltd.
  • Siemens AG
  • Others

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