Global Air Insulated Switchgear is expected to reach $11.52 billion by 2026 growing at a CAGR of 6.5% from 2017 to 2026.

Sep 10, 2019

Some of the key players in Air Insulated Switchgear Market include ABB Ltd, Schneider Electric, Siemens AG, General Electric Company, Eaton Corporation PLC, Larsen & Toubro Limited, Toshiba Corporation, Crompton Greaves Ltd, Elatec Power Distribution GmbH, Tepco Group, Arteche and Nissin Electric Co Ltd.

Gaithersburg, Maryland, United States - September 10, 2019 /MarketersMedia/ —

Increasing investments in electrical networks, increasing electricity and rising power generation capacity additions are some of the key factors driving market growth. However, increasing competition from unorganized sector may hamper the market growth. Moreover, a growing focus on renewable power generation will provide ample opportunities for market growth.

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Air-insulated switchgear (AIS) is an equipment which uses air as an insulation medium. It uses air as the primary dielectric from phase-to-phase and phase-to-ground insulation. Air-insulated switchgear is widely used and is directly linked to the reliability of electric supply.

Access the complete report at: https://www.strategymrc.com/report/air-insulated-switchgear-market

On the basis of application, transmission and distribution are going to have lucrative growth during the forecast period due to the growing demand for reliable delivery of electric power. By geography, Asia Pacific is expected to have growing importance during the forecast period due to rising power generation capacity and the presence of manufacturing facilities in this region.

Make an inquiry at: https://www.strategymrc.com/report/air-insulated-switchgear-marketInstallations Covered:
• Indoor
• Outdoor

Voltages Covered:
• Low voltage AIS ( 36 kV)

End Users Covered:
• Infrastructure & Transportation
• Manufacturing & Processing
• Transmission & Distribution
• Other End Users

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com

Source URL: https://marketersmedia.com/global-air-insulated-switchgear-is-expected-to-reach-1152-billion-by-2026-growing-at-a-cagr-of-65-from-2017-to-2026/88917334

Source: MarketersMedia

Release ID: 88917334

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Sep 9, 2026

Amid China’s AI shift, JD.com bets on 3 million robots to automate logistics

Chinese e-commerce giant JD.com is accelerating its push into robotics with a sweeping plan to automate its nationwide logistics network, while promising to retrain its vast workforce of couriers for technical roles as machines take over frontline duties. At an event in Beijing on Wednesday, the company’s logistics arm unveiled its industrial Wolf Robot series. Over the next five years, JD Logistics aimed to procure 3 million robots, 1 million unstaffed vehicles and 100,000 delivery drones to...

Hanwha Ocean clinches $505 mil. frigate project from Thai Navy

Sep 8, 2026

Hanwha Ocean clinches $505 mil. frigate project from Thai Navy

Hanwha Ocean has won a 680 billion-won ($505.17 million) contract to build one frigate for the Royal Thai Navy, Thai media reports and industry officials said Tuesday. The procurement includes value-added tax, other applicable taxes, transport and all expenses, Thai media reported. The size of the contract could expand to around 4 trillion won should the Korean shipbuilder win follow-up orders, industry officials said. In 2013, Hanwha Ocean secured a contract to deliver a 3,600-ton frigate to Thailand, successfully completing the project in 2018.

Science ministry to inject $3.5 bil. to develop frontier AI model

Sep 8, 2026

Science ministry to inject $3.5 bil. to develop frontier AI model

Science ministry plans to invest 4.7 trillion won ($3.49 billion) for a project to develop a homegrown artificial intelligence (AI) model that will be on par with global frontier models, government officials said Tuesday. The science ministry plans to form an independent fund to that end, according to the officials. The money will be included in the 9.4 trillion-won AI budget proposed by the ministry in its 2027 budget request. Exact details of the project have yet to be decided, an official from the science ministry said. The latest endeavor comes amid growing calls for increased government support in developing a homegrown frontier AI model, as the global race to develop highly advanced AI is intensifying due to massive capital investments and unprecedented reasoning upgrades. Science Minister Bae Kyung-hoon has stressed the importance of creating a sovereign frontier model to prevent Korea from becoming subordinate to other nations, especially at a time of intensifying geopolitical competition between the United States and China.

AI hype bubbles as companies fall short of full adoption

Sep 8, 2026

AI hype bubbles as companies fall short of full adoption

Against a backdrop of soaring investment in artificial intelligence (AI), companies are still largely experimenting with the technology rather than overhauling their businesses, advertising veteran Martin Sorrell said, as a lack of economic pressure slows the shift toward widespread adoption. Sorrell, executive chairman of S4 Capital and former CEO of WPP, said companies have been slower to adopt AI at scale than the market’s enthusiasm might suggest, with businesses reluctant to fundamentally change operations that are still performing well. “The sad reality is that people only change when there's an existential threat,” he said in a recent interview with The Korea Times. “People don’t change voluntarily at this scale.” Despite heavy investment in AI infrastructure, Sorrell said spending on the technology should not be mistaken for a fundamental shift in how companies operate. Most businesses remain focused on experimenting with AI rather than committing to large-scale transformation. “My view is that you will not get huge implementation transformation until there's econom

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