LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global hybrid switchgear market report until 2020. This research report also lists 10 other prominent vendors that are expected to impact the market during the forecast period.
According to Technavio’s findings, global energy consumption increased by approximately 10% from 2010 to reach 20,567 TWh in 2015 and is expected to increase by 15%-20% in 2020. Transmission and distribution (T&D) network expansion and renovation are imminent to cater to the growing need for uninterrupted and quality power supply.
“T&D equipment, such as transformers and switchgears, plays a significant role in ensuring uninterrupted, reliable power supply. Hybrid switchgears have been gaining importance as they solve space problems across the globe,” says Gaurav Mohindru, a lead tools and components research analyst at Technavio.
Competitive vendor landscape
The global hybrid switchgear market is moderately fragmented, comprising a diverse group of international as well as regional vendors. The concept of hybrid switchgears was introduced by ABB, one of the leading vendors in the market, after which several international players started to shift their focus on the same.
However, these vendors may not have to compete with many new entrants during the forecast period because new entrants have to make heavy capital expenditure to enter the market. New entrants would also find it difficult to compete with international vendors in terms of quality, design, product features, turnaround time, services, and maintenance of customer relationships. All the prominent vendors have a presence across the globe, with some having a comparatively stronger presence in some regions as compared to other regions across the globe.
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Top five hybrid switchgear market vendors
ABB provides automation and power technologies to diverse industries, including the utilities, infrastructure, transport, and other industries. ABB operates its business through various reportable segments, including power systems, power products, low voltage products, process automation, and discrete automation and motion.
The company offers various hybrid compact switchgear, one of which is PASS. It makes use of traditional air insulated busbars to connect with other equipment in the substation while enclosing the bay functions in a single-phase gas insulated housing.
HYpact is GE's hybrid compact switchgear assembly that consists of circuit breakers, disconnectors, and earthing switches. Here, the current and voltage transformers and cable connectors can be added. Also, its modular design allows for a variety of different layout configurations.
HYpact enables economic substation designs and operations with savings achieved in space consumption, transport and at-site installation, preparation planning, and switchyard cost and maintenance. When compared to conventional air-insulated substations, the maintenance free periods of the substations using HYpact can be tripled or even quadrupled. HYpact also reduces the switchgear’s exposure to environmental influences, thus providing an alternative to gas insulated substations.
Mitsubishi Electric gas insulated switchgears and gas circuit breakers represent the best of modern technologies. The company offers various high voltage switchgears, one of which is the gas insulated switchgear. The advantages of Mitsubishi Electric gas-insulated switchgears are numerous. They include space savings, flexible designs, less field construction work, minimal maintenance, and high reliability and safety. This includes 550kV GIS and 300kV GIS.
Siemens' mixed technologies substations are hybrid substations. These are compact switchgear applications used mainly in the refurbishment and expansion of substations with air-insulated outdoor and indoor switchgear. Its circuit breakers, grounding switches, disconnectors, and instrument transformers are housed in pressure resistant, gas-tight enclosures. Siemens integrated switchgear provides the possibility to adapt a substation to various demands in short time and without the need for extra space. Some of the key benefits of Siemens mixed technologies substations are ideally suited for new substations when space is limited. There is good clarity and accessibility for all equipment, and compact solution is provided due to hybridization of GIS and AIS technology.
As Toshiba manufactures a range of computers and office automation equipment, the company requires stable and high-quality electric power supply. The company's highly reliable gas insulated switchgear contributes for ensuring its delivery. This is compact and sophisticated, but robust enough to survive in hostile environments. Its products are being used everywhere from mountainous sites to congested metropolitan areas day and night.
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