Table of Content


1 INTRODUCTION (Page No. - 28)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE 
           1.3.1 MARKETS COVERED
           1.3.2 REGIONAL SCOPE
           1.3.3 YEARS CONSIDERED
    1.4 UNIT CONSIDERED 
    1.5 CURRENCY CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
    1.9 IMPACT OF RECESSION 
2 RESEARCH METHODOLOGY (Page No. - 33)
    2.1 RESEARCH APPROACH 
           FIGURE 1 SWITCHGEAR MONITORING SYSTEM MARKET: RESEARCH DESIGN
    2.2 DATA TRIANGULATION 
           FIGURE 2 DATA TRIANGULATION
           2.2.1 SECONDARY DATA
                    2.2.1.1 Key data from secondary sources
           2.2.2 PRIMARY DATA
                    2.2.2.1 List of key primary interview participants
                    2.2.2.2 Key data from primary sources
                    2.2.2.3 Breakdown of primaries
                               FIGURE 3 BREAKDOWN OF PRIMARIES
    2.3 RESEARCH SCOPE 
           FIGURE 4 MAIN METRICS CONSIDERED TO ASSESS DEMAND FOR SWITCHGEAR MONITORING SYSTEM
    2.4 MARKET SIZE ESTIMATION 
           2.4.1 BOTTOM-UP APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.4.2 TOP-DOWN APPROACH
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
           2.4.3 DEMAND-SIDE ANALYSIS
                    2.4.3.1 Regional analysis
                    2.4.3.2 Country-level analysis
                    2.4.3.3 Demand-side assumptions
                    2.4.3.4 Demand-side calculations
           2.4.4 SUPPLY-SIDE ANALYSIS
                    FIGURE 7 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF SWITCHGEAR MONITORING SYSTEMS
                    FIGURE 8 SWITCHGEAR MONITORING SYSTEM MARKET: SUPPLY-SIDE ANALYSIS
                    2.4.4.1 Supply-side assumptions
                    2.4.4.2 Supply-side calculations
                               FIGURE 9 COMPANY REVENUE ANALYSIS, 2022
           2.4.5 FORECAST
    2.5 RISK ASSESSMENT 
    2.6 RECESSION IMPACT 
3 EXECUTIVE SUMMARY (Page No. - 46)
    TABLE 1 SWITCHGEAR MONITORING SYSTEM MARKET: SNAPSHOT 
    FIGURE 10 GAS-INSULATED SWITCHGEAR SEGMENT TO HOLD LARGER MARKET  SHARE IN 2023 
    FIGURE 11 HARDWARE SEGMENT TO EXHIBIT HIGHER CAGR DURING FORECAST PERIOD 
    FIGURE 12 HIGH AND EXTRA HIGH VOLTAGE SEGMENT TO SECURE LARGEST MARKET SHARE DURING FORECAST PERIOD 
    FIGURE 13 TEMPERATURE MONITORING SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 
    FIGURE 14 UTILITIES SEGMENT TO SECURE LARGEST MARKET SHARE IN 2028 
    FIGURE 15 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF GLOBAL SWITCHGEAR MONITORING SYSTEM MARKET IN 2022 
4 PREMIUM INSIGHTS (Page No. - 51)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SWITCHGEAR MONITORING SYSTEM MARKET 
           FIGURE 16 GROWING DEPLOYMENT OF SMART GRIDS AND INCREASING DIGITALIZATION TO DRIVE MARKET
    4.2 SWITCHGEAR MONITORING SYSTEM MARKET IN ASIA PACIFIC,  BY END USER AND COUNTRY 
           FIGURE 17 UTILITIES SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC SWITCHGEAR MONITORING SYSTEM MARKET IN 2022
    4.3 SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE 
           FIGURE 18 GAS-INSULATED SWITCHGEAR SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2028
    4.4 SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT 
           FIGURE 19 HARDWARE TO SECURE LARGER MARKET SHARE IN 2028
    4.5 SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE 
           FIGURE 20 HIGH AND EXTRA HIGH VOLTAGE SEGMENT TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
    4.6 SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE 
           FIGURE 21 TEMPERATURE MONITORING SEGMENT TO COMMAND MARKET IN 2028
    4.7 SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER 
           FIGURE 22 UTILITIES SEGMENT TO COMMAND MARKET IN 2028
5 MARKET OVERVIEW (Page No. - 55)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 23 SWITCHGEAR MONITORING SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Shift from conventional maintenance methods to condition-based services
                               TABLE 2 PROJECTS/REGULATIONS BY DIFFERENT COUNTRIES FOR ENERGY TRANSITION
                    5.2.1.2 Strengthened power distribution infrastructure
                    5.2.1.3 Rising use of electric distribution and transmission systems powered by renewable energy sources
                               FIGURE 24 ANNUAL CLEAN ENERGY INVESTMENT (USD BILLION)
                               FIGURE 25 ENERGY TRANSITION INVESTMENT BY TOP 10 COUNTRIES, 2021
           5.2.2 RESTRAINTS
                    5.2.2.1 High installation cost
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growing deployment of smart grids
                               FIGURE 26 ANNUAL INVESTMENT EXPENDITURE ON ELECTRICITY GRIDS, 2015–2022
           5.2.4 CHALLENGES
                    5.2.4.1 Inadequate data storage and management concerns
                    5.2.4.2 Susceptibility of switchgear monitoring systems to cyber threats
    5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
           FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
    5.4 ECOSYSTEM ANALYSIS 
           TABLE 3 COMPANIES AND THEIR ROLES IN SWITCHGEAR MONITORING SYSTEM ECOSYSTEM
           FIGURE 28 ECOSYSTEM/MARKET MAP
    5.5 VALUE CHAIN ANALYSIS 
           FIGURE 29 VALUE CHAIN ANALYSIS: SYSTEM MANUFACTURERS/INSTALLATION AND MAINTENANCE SERVICE PROVIDERS TO ADD MAXIMUM VALUE TO OVERALL PRODUCT
           5.5.1 RAW MATERIAL/COMPONENT PROVIDERS
           5.5.2 SWITCHGEAR MONITORING SYSTEM MANUFACTURERS
           5.5.3 DISTRIBUTORS/RESELLERS
           5.5.4 END USERS/OPERATORS
           5.5.5 MAINTENANCE/SERVICE PROVIDERS
    5.6 TECHNOLOGY ANALYSIS 
           5.6.1 SURFACE ACOUSTIC WAVE (SAW) TECHNOLOGY
           5.6.2 INTELLIGENT SWITCHGEAR
    5.7 PRICING ANALYSIS 
           FIGURE 30 AVERAGE SELLING PRICE (ASP) TREND OF SWITCHGEAR MONITORING SYSTEMS, BY TYPE, 2017–2022
           TABLE 4 AVERAGE SELLING PRICE (ASP) TREND OF SWITCHGEAR MONITORING SYSTEMS,  BY TYPE (USD/UNIT)
           TABLE 5 AVERAGE SELLING PRICE (ASP) TREND OF SWITCHGEAR MONITORING SYSTEMS,  BY REGION (USD/UNIT)
           FIGURE 31 AVERAGE SELLING PRICE (ASP) TREND OF SWITCHGEAR MONITORING SYSTEMS, BY REGION
    5.8 TARIFFS, STANDARDS, AND REGULATORY LANDSCAPE 
           5.8.1 TARIFFS
                    TABLE 6 IMPORT DATA FOR HS 8536-COMPLIANT LOW-VOLTAGE PROTECTION EQUIPMENT, 2019
                    TABLE 7 IMPORT DATA FOR HS 8535-COMPLIANT HIGH-VOLTAGE PROTECTION EQUIPMENT, 2019
           5.8.2 REGULATORY LANDSCAPE
                    TABLE 8 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
                    TABLE 9 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 11 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
           5.8.3 STANDARDS
    5.9 PATENT ANALYSIS, 2021–2023 
           TABLE 12 SWITCHGEAR MONITORING SYSTEM MARKET: LIST OF PATENTS, 2021–2023
    5.10 TRADE ANALYSIS 
           5.10.1 IMPORT SCENARIO
                    TABLE 13 IMPORT DATA FOR HS CODE-853590 COMPLIANT PRODUCTS, BY COUNTRY,  2020–2022 (USD THOUSAND)
           5.10.2 EXPORT SCENARIO
                    TABLE 14 EXPORT DATA FOR HS CODE-853590 COMPLIANT PRODUCTS, BY COUNTRY,  2020–2022 (USD THOUSAND)
    5.11 PORTER’S FIVE FORCES ANALYSIS 
                    TABLE 15 SWITCHGEAR MONITORING SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS
                    FIGURE 32 SWITCHGEAR MONITORING SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.11.1 THREAT OF SUBSTITUTES
           5.11.2 BARGAINING POWER OF SUPPLIERS
           5.11.3 BARGAINING POWER OF BUYERS
           5.11.4 THREAT OF NEW ENTRANTS
           5.11.5 INTENSITY OF COMPETITIVE RIVALRY
    5.12 KEY CONFERENCES AND EVENTS, 2023–2024 
                    TABLE 16 SWITCHGEAR MONITORING SYSTEM MARKET: LIST OF CONFERENCES AND EVENTS
    5.13 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 33 KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE END USERS
                    TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS
    5.14 BUYING CRITERIA 
                    FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE END USERS
                    TABLE 18 KEY BUYING CRITERIA FOR TOP THREE END USERS
    5.15 CASE STUDY ANALYSIS 
           5.15.1 USE OF DEEP LEARNING TECHNOLOGY-BASED MONITORING SYSTEM TO DETECT SWITCHGEAR FAULTS AT MEDIUM VOLTAGE
           5.15.2 ADOPTION OF TIME-OF-LIGHT MEASUREMENT TECHNIQUE TO AVOID MC SWITCHGEAR FAILURE
           5.15.3 INSTALLATION AND COMMISSIONING OF TEMPERATURE MONITORING TECHNOLOGY ON CIRCUIT BREAKERS TO PREVENT ELECTRICAL ASSET FAILURE
6 SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE (Page No. - 85)
    6.1 INTRODUCTION 
           FIGURE 35 GAS-INSULATED SWITCHGEAR SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2022
           TABLE 19 SWITCHGEAR MONITORING SYSTEM MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
    6.2 GAS-INSULATED SWITCHGEAR 
           6.2.1 DEPLOYMENT IN HIGH-VOLTAGE APPLICATIONS TO BOOST DEMAND
                    TABLE 20 GAS-INSULATED SWITCHGEAR: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.3 AIR-INSULATED SWITCHGEAR 
           6.3.1 EASE OF MAINTENANCE AND ENVIRONMENT-FRIENDLY NATURE TO ACCELERATE DEMAND
                    TABLE 21 AIR-INSULATED SWITCHGEAR: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)
7 SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT (Page No. - 89)
    7.1 INTRODUCTION 
           FIGURE 36 HARDWARE SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2022
           TABLE 22 SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT,  2021–2028 (USD MILLION)
    7.2 HARDWARE 
           7.2.1 ONGOING TECHNOLOGICAL ADVANCEMENTS IN HARDWARE COMPONENTS TO OFFER LUCRATIVE GROWTH OPPORTUNITIES  TO PLAYERS
           7.2.2 INTELLIGENT EQUIPMENT DEVICES
           7.2.3 DISTRIBUTION NETWORK FEEDERS
           7.2.4 OTHER HARDWARE COMPONENTS
                    TABLE 23 HARDWARE: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)
    7.3 SOFTWARE 
           7.3.1 PRESSING NEED TO HANDLE DATA PROCESSING AND EXECUTION TO BOOST DEMAND FOR SECURE AND EMBEDDED SOFTWARE
                    TABLE 24 SOFTWARE: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)
8 SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE (Page No. - 94)
    8.1 INTRODUCTION 
           FIGURE 37 TEMPERATURE MONITORING SEGMENT DOMINATED MARKET IN 2022
           TABLE 25 SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICES, 2021–2028 (USD MILLION)
    8.2 PARTIAL DISCHARGE MONITORING 
           8.2.1 GROWING DEMAND FOR HIGH-PERFORMANCE AND RELIABLE ELECTRICAL ASSETS TO STIMULATE DEMAND
                    TABLE 26 PARTIAL DISCHARGE MONITORING: SWITCHGEAR MONITORING SYSTEM MARKET,  BY REGION, 2021–2028 (USD MILLION)
    8.3 GAS MONITORING 
           8.3.1 NEED TO MONITOR OPERATING TEMPERATURE OF ELECTRICAL EQUIPMENT TO ELEVATE DEMAND
                    TABLE 27 GAS MONITORING: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)
    8.4 TEMPERATURE MONITORING 
           8.4.1 CRITICAL NEED FOR DETECTING OPERATING TEMPERATURE OF ELECTRICAL EQUIPMENT HEALTH TO FOSTER SEGMENTAL GROWTH
                    TABLE 28 TEMPERATURE MONITORING: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)
    8.5 OTHER SERVICES 
           TABLE 29 OTHER SERVICES: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)
9 SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE (Page No. - 100)
    9.1 INTRODUCTION 
           FIGURE 38 HIGH AND EXTRA HIGH VOLTAGE SEGMENT HELD MAXIMUM MARKET  SHARE IN 2022
           TABLE 30 SWITCHGEAR MONITORING SYSTEM MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
    9.2 LOW VOLTAGE 
           9.2.1 ABILITY TO ENHANCE SAFETY AND RELIABILITY BY PROVIDING REAL-TIME INSIGHTS TO BOOST DEMAND
                    TABLE 31 LOW VOLTAGE: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)
    9.3 MEDIUM VOLTAGE 
           9.3.1 ABILITY TO OFFER ELECTRICAL PROTECTION AGAINST OVERLOAD CURRENTS AND PREVENT INSULATION FAILURES TO BOOST DEMAND
                    TABLE 32 MEDIUM VOLTAGE: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)
    9.4 HIGH AND EXTRA HIGH VOLTAGE 
           9.4.1 RAPID DEVELOPMENT OF POWER TRANSMISSION NETWORKS IN DEVELOPING COUNTRIES TO BOOST DEMAND
                    TABLE 33 HIGH AND EXTRA HIGH VOLTAGE: SWITCHGEAR MONITORING SYSTEM MARKET,  BY REGION, 2021–2028 (USD MILLION)
10 SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER (Page No. - 105)
     10.1 INTRODUCTION 
               FIGURE 39 UTILITIES SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2022
               TABLE 34 SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2021–2028 (USD MILLION)
     10.2 UTILITIES 
             10.2.1 IMPLEMENTATION OF IP NETWORKS TO ENHANCE MONITORING CAPABILITIES OF SWITCHGEAR TO DRIVE MARKET
                       TABLE 35 UTILITIES: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)
     10.3 INDUSTRIAL 
             10.3.1 STRONG FOCUS OF INDUSTRIES ON PREVENTING FINANCIAL LOSSES ASSOCIATED WITH POWER TO DRIVE MARKET
                       TABLE 36 INDUSTRIAL: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)
     10.4 COMMERCIAL 
             10.4.1 RAPID URBANIZATION IN DEVELOPING COUNTRIES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES TO PLAYERS
                       TABLE 37 COMMERCIAL: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)
     10.5 OTHER END USERS 
               TABLE 38 OTHER END USERS: SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)
11 SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION (Page No. - 110)
     11.1 INTRODUCTION 
               FIGURE 40 ASIA PACIFIC TO RECORD HIGHEST CAGR FROM 2023 TO 2028
               FIGURE 41 ASIA PACIFIC HELD FOR LARGEST SHARE OF GLOBAL SWITCHGEAR MONITORING SYSTEM MARKET IN 2022
               TABLE 39 SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)
               TABLE 40 SWITCHGEAR MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (UNITS)
     11.2 EUROPE 
               FIGURE 42 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET SNAPSHOT
             11.2.1 RECESSION IMPACT ON MARKET IN EUROPE
                       TABLE 41 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
                       TABLE 42 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET FOR GAS-INSULATED SWITCHGEAR, BY VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 43 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET FOR GAS-INSULATED SWITCHGEAR, BY HIGH AND EXTRA HIGH VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 44 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE,  2021–2028 (USD MILLION)
                       TABLE 45 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT,  2021–2028 (USD MILLION)
                       TABLE 46 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE,  2021–2028 (USD MILLION)
                       TABLE 47 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET FOR PARTIAL DISCHARGE MONITORING, BY TYPE, 2021–2028 (USD MILLION)
                       TABLE 48 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER,  2021–2028 (USD MILLION)
                       TABLE 49 EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY,  2021–2028 (USD MILLION)
             11.2.2 UK
                       11.2.2.1 Rising integration of renewable energy into power mix to drive market
                                   TABLE 50 UK: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.2.3 GERMANY
                       11.2.3.1 Enforcement of stringent rules for deployment of power transmission grids to fuel market growth
                                   TABLE 51 GERMANY: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
             11.2.4 FRANCE
                       11.2.4.1 Growing dependence on nuclear power plants to contribute to market growth
                                   TABLE 52 FRANCE: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
             11.2.5 ITALY
                       11.2.5.1 Escalating investments in green energy projects to augment adoption of switchgear monitoring systems
                                   TABLE 53 ITALY: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.2.6 RUSSIA
                       11.2.6.1 Rising commitment toward carbon neutrality to accelerate market growth
                                   TABLE 54 RUSSIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
             11.2.7 REST OF EUROPE
                       TABLE 55 REST OF EUROPE: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
     11.3 ASIA PACIFIC 
               FIGURE 43 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET SNAPSHOT
             11.3.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC
                       TABLE 56 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
                       TABLE 57 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET FOR GAS-INSULATED SWITCHGEAR, BY VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 58 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET FOR GAS-INSULATED SWITCHGEAR, BY HIGH AND EXTRA HIGH VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 59 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 60 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT,  2021–2028 (USD MILLION)
                       TABLE 61 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE,  2021–2028 (USD MILLION)
                       TABLE 62 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET FOR PARTIAL DISCHARGE MONITORING, BY TYPE, 2021–2028 (USD MILLION)
                       TABLE 63 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER,  2021–2028 (USD MILLION)
                       TABLE 64 ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY,  2021–2028 (USD MILLION)
             11.3.2 CHINA
                       11.3.2.1 Increasing investments in renewable energy projects to support market growth
                                   TABLE 65 CHINA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
             11.3.3 JAPAN
                       11.3.3.1 Rising government-led initiatives to meet power supply demand to fuel market growth
                                   TABLE 66 JAPAN: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
             11.3.4 INDIA
                       11.3.4.1 Shifting focus toward electrification of remote areas to propel market
                                   TABLE 67 INDIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
             11.3.5 SOUTH KOREA
                       11.3.5.1 Increasing developments of offshore wind infrastructure to contribute to market growth
                                   TABLE 68 SOUTH KOREA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
             11.3.6 AUSTRALIA
                       11.3.6.1 Rising electrification of railroad networks to accelerate market growth
                                   TABLE 69 AUSTRALIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
             11.3.7 REST OF ASIA PACIFIC
                       TABLE 70 REST OF ASIA PACIFIC: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
     11.4 NORTH AMERICA 
             11.4.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA
                       TABLE 71 NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
                       TABLE 72 NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET FOR GAS-INSULATED SWITCHGEAR, BY VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 73 NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET FOR GAS-INSULATED SWITCHGEAR, BY HIGH AND EXTRA HIGH VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 74 NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 75 NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT,  2021–2028 (USD MILLION)
                       TABLE 76 NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE,  2021–2028 (USD MILLION)
                       TABLE 77 NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET FOR PARTIAL DISCHARGE MONITORING SERVICE, BY TYPE, 2021–2028 (USD MILLION)
                       TABLE 78 NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER,  2021–2028 (USD MILLION)
                       TABLE 79 NORTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY,  2021–2028 (USD MILLION)
             11.4.2 US
                       11.4.2.1 Strong focus on renewable energy infrastructure development to contribute to market growth
                                   TABLE 80 US: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.4.3 CANADA
                       11.4.3.1 Rising investments in wind energy projects to foster market growth
                                   TABLE 81 CANADA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
             11.4.4 MEXICO
                       11.4.4.1 Growing focus on generating power using renewable sources to fuel market growth
                                   TABLE 82 MEXICO: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
     11.5 MIDDLE EAST & AFRICA 
             11.5.1 RECESSION IMPACT ON MARKET IN MIDDLE EAST & AFRICA
                       TABLE 83 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
                       TABLE 84 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET FOR GAS-INSULATED SWITCHGEAR, BY VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 85 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET FOR  GAS-INSULATED SWITCHGEAR, BY HIGH AND EXTRA HIGH VOLTAGE,  2021–2028 (USD MILLION)
                       TABLE 86 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 87 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT, 2021–2028 (USD MILLION)
                       TABLE 88 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE, 2021–2028 (USD MILLION)
                       TABLE 89 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, PARTIAL DISCHARGE MONITORING, 2021–2028 (USD MILLION)
                       TABLE 90 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER,  2021–2028 (USD MILLION)
                       TABLE 91 MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY,  2021–2028 (USD MILLION)
                       TABLE 92 REST OF GCC GCC COUNTRIES: SWITCHGEAR MONITORING SYSTEM MARKET,  BY COUNTRY, 2021–2028 (USD MILLION)
             11.5.2 REST OF GCC COUNTRIES
                       11.5.2.1 Saudi Arabia
                                   11.5.2.1.1 Rising initiatives to generate power through renewable sources to drive market
                                   TABLE 93 SAUDI ARABIA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
                       11.5.2.2 UAE
                                   11.5.2.2.1 Growing emphasis on improving onshore power grid to accelerate market growth
                                   TABLE 94 UAE: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2021–2028 (USD MILLION)
                       11.5.2.3 Kuwait
                                   11.5.2.3.1 Increasing transition toward clean energy to boost adoption of switchgear monitoring systems
                                   TABLE 95 KUWAIT: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
                       11.5.2.4 Rest of GCC countries
                                   TABLE 96 REST OF GCC COUNTRIES: SWITCHGEAR MONITORING SYSTEM MARKET,  BY TYPE, 2021–2028 (USD MILLION)
             11.5.3 SOUTH AFRICA
                       11.5.3.1 Rising focus on modernizing grid infrastructure to fuel market growth
                                   TABLE 97 SOUTH AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET,  BY TYPE, 2021–2028 (USD MILLION)
             11.5.4 REST OF MIDDLE EAST & AFRICA
                       TABLE 98 REST OF MIDDLE EAST & AFRICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE, 2021–2028 (USD MILLION)
     11.6 SOUTH AMERICA 
             11.6.1 RECESSION IMPACT ON MARKET IN SOUTH AMERICA
                       TABLE 99 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
                       TABLE 100 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET FOR GAS-INSULATED SWITCHGEAR, BY VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 101 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET FOR GAS-INSULATED SWITCHGEAR, BY HIGH AND EXTRA HIGH VOLTAGE, 2021–2028 (USD MILLION)
                       TABLE 102 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY VOLTAGE,  2021–2028 (USD MILLION)
                       TABLE 103 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COMPONENT,  2021–2028 (USD MILLION)
                       TABLE 104 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY SERVICE,  2021–2028 (USD MILLION)
                       TABLE 105 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET FOR PARTIAL DISCHARGE MONITORING, BY TYPE, 2021–2028 (USD MILLION)
                       TABLE 106 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER,  2021–2028 (USD MILLION)
                       TABLE 107 SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY COUNTRY,  2021–2028 (USD MILLION)
             11.6.2 BRAZIL
                       11.6.2.1 Surging power demand and need for electrification to propel market
                                   TABLE 108 BRAZIL: SWITCHGEAR MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)
             11.6.3 ARGENTINA
                       11.6.3.1 Increasing government investments in offshore gas production projects to drive market
                                   TABLE 109 ARGENTINA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER,  2021–2028 (USD MILLION)
             11.6.4 REST OF SOUTH AMERICA
                       TABLE 110 REST OF SOUTH AMERICA: SWITCHGEAR MONITORING SYSTEM MARKET, BY END USER, 2021–2028 (USD MILLION)
12 COMPETITIVE LANDSCAPE (Page No. - 149)
     12.1 OVERVIEW 
     12.2 STRATEGIES ADOPTED BY MAJOR PLAYERS, 2022–2023 
               TABLE 111 SWITCHGEAR MONITORING SYSTEM MARKET: OVERVIEW OF STRATEGIES ADOPTED  BY KEY PLAYERS, 2022–2023
     12.3 MARKET SHARE ANALYSIS, 2022 
               FIGURE 44 SWITCHGEAR MONITORING SYSTEM MARKET SHARE ANALYSIS, 2022
               TABLE 112 SWITCHGEAR MONITORING SYSTEM MARKET ANALYSIS, 2022
               FIGURE 45 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2022
     12.4 REVENUE ANALYSIS, 2018–2022 
               FIGURE 46 SWITCHGEAR MONITORING SYSTEM MARKET: REVENUE ANALYSIS OF  TOP FIVE PLAYERS
     12.5 COMPANY EVALUATION MATRIX, 2022 
             12.5.1 STARS
             12.5.2 EMERGING LEADERS
             12.5.3 PERVASIVE PLAYERS
             12.5.4 PARTICIPANTS
                       FIGURE 47 SWITCHGEAR MONITORING SYSTEM MARKET: COMPANY EVALUATION  MATRIX, 2022
             12.5.5 COMPANY FOOTPRINT
                       TABLE 113 COMPANY VOLTAGE FOOTPRINT
                       TABLE 114 COMPANY TYPE FOOTPRINT
                       TABLE 115 COMPANY END USER FOOTPRINT
                       TABLE 116 COMPANY REGION FOOTPRINT
                       TABLE 117 OVERALL COMPANY FOOTPRINT
     12.6 START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022 
             12.6.1 PROGRESSIVE COMPANIES
             12.6.2 RESPONSIVE COMPANIES
             12.6.3 DYNAMIC COMPANIES
             12.6.4 STARTING BLOCKS
                       FIGURE 48 START-UPS/SMES EVALUATION MATRIX, 2022
             12.6.5 COMPETITIVE BENCHMARKING
                       TABLE 118 SWITCHGEAR MONITORING SYSTEM MARKET: LIST OF KEY START-UPS/SMES
                       TABLE 119 SWITCHGEAR MONITORING SYSTEM MARKET: COMPETITIVE BENCHMARKING  OF START-UPS
     12.7 COMPETITIVE SCENARIOS AND TRENDS 
             12.7.1 PRODUCT LAUNCHES
                       TABLE 120 SWITCHGEAR MONITORING SYSTEM MARKET: PRODUCT LAUNCHES, 2023
             12.7.2 DEALS
                       TABLE 121 SWITCHGEAR MONITORING SYSTEM MARKET: DEALS, 2021–2023
13 COMPANY PROFILES (Page No. - 165)
(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*
     13.1 KEY PLAYERS 
             13.1.1 SIEMENS ENERGY
                       TABLE 122 SIEMENS ENERGY: COMPANY OVERVIEW
                       FIGURE 49 SIEMENS ENERGY: COMPANY SNAPSHOT
                       TABLE 123 SIEMENS ENERGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 124 SIEMENS ENERGY: DEALS
             13.1.2 ABB
                       TABLE 125 ABB: COMPANY OVERVIEW
                       FIGURE 50 ABB: COMPANY SNAPSHOT
                       TABLE 126 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 127 ABB: PRODUCT LAUNCHES
             13.1.3 SCHNEIDER ELECTRIC
                       TABLE 128 SCHNEIDER ELECTRIC: COMPANY OVERVIEW
                       FIGURE 51 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
                       TABLE 129 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 130 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES
                       TABLE 131 SCHNEIDER ELECTRIC: DEALS
             13.1.4 EATON
                       TABLE 132 EATON: COMPANY OVERVIEW
                       FIGURE 52 EATON: COMPANY SNAPSHOT
                       TABLE 133 EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 134 EATON: DEALS
             13.1.5 GENERAL ELECTRIC
                       TABLE 135 GENERAL ELECTRIC: COMPANY OVERVIEW
                       FIGURE 53 GENERAL ELECTRIC: COMPANY SNAPSHOT
                       TABLE 136 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 137 GENERAL ELECTRIC: PRODUCT LAUNCHES
             13.1.6 MITSUBISHI ELECTRIC CORPORATION
                       TABLE 138 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
                       FIGURE 54 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
                       TABLE 139 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 140 MITSUBISHI ELECTRIC CORPORATION: DEALS
             13.1.7 EMERSON ELECTRIC CO.
                       TABLE 141 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
                       FIGURE 55 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
                       TABLE 142 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.8 KONCAR - ELECTRICAL ENGINEERING INSTITUTE LTD.
                       TABLE 143 KONCAR - ELECTRICAL ENGINEERING INSTITUTE LTD.: COMPANY OVERVIEW
                       TABLE 144 KONCAR - ELECTRICAL ENGINEERING INSTITUTE LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.9 PT. TIARA VIBRASINDO PRATAMA
                       TABLE 145 PT. TIARA VIBRASINDO PRATAMA: COMPANY OVERVIEW
                       TABLE 146 PT. TIARA VIBRASINDO PRATAMA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.10 SENSEOR – WIKA GROUP
                       TABLE 147 SENSEOR – WIKA GROUP: COMPANY OVERVIEW
                       TABLE 148 SENSEOR – WIKA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.11 ALTANOVA GROUP
                       TABLE 149 ALTANOVA GROUP: COMPANY OVERVIEW
                       TABLE 150 ALTANOVA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.12 DYNAMIC RATINGS
                       TABLE 151 DYNAMIC RATINGS: COMPANY OVERVIEW
                       TABLE 152 DYNAMIC RATINGS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.13 OSENSA INNOVATIONS
                       TABLE 153 OSENSA INNOVATIONS: COMPANY OVERVIEW
                       TABLE 154 OSENSA INNOVATIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.14 MEGGER
                       TABLE 155 MEGGER: COMPANY OVERVIEW
                       TABLE 156 MEGGER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.15 IPEC LTD.
                       TABLE 157 IPEC LTD.: COMPANY OVERVIEW
                       TABLE 158 IPEC LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
     13.2 OTHER PLAYERS 
             13.2.1 MONITRA LTD.
             13.2.2 RUGGED MONITORING
             13.2.3 PDS
             13.2.4 DOBLE ENGINEERING COMPANY
             13.2.5 NUVENTURA GMBH
*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
14 APPENDIX (Page No. - 200)
     14.1 INSIGHTS FROM INDUSTRY EXPERTS 
     14.2 DISCUSSION GUIDE 
     14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 
     14.4 CUSTOMIZATION OPTIONS 
     14.5 RELATED REPORTS 
     14.6 AUTHOR DETAILS