North America Medium Voltage Switchgear Market grows with rising need for reliable grid and renewable energy expansion during the forecast period.
According to the TechSci Research report titled “North America Medium Voltage Switchgear Market – By Country, Competition, Forecast & Opportunities, 2020-2030F,” the North America Medium Voltage Switchgear Market was valued at USD 3.30 billion in 2024 and is projected to reach USD 5.34 billion by 2030, growing at a CAGR of 8.35% over the forecast period.
Growing Electricity Demand Across Industrial and Commercial Sectors
The surge in demand for reliable electricity across North America’s industrial and commercial sectors is a key factor propelling market growth. Rapid industrialization, technological innovations, and the expansion of commercial facilities—including data centers, manufacturing hubs, and smart office spaces—are placing unprecedented demands on power infrastructure.
As sectors like electric vehicle (EV) production, automation, and cloud-based services continue to expand, businesses require uninterrupted and high-quality power supply to maintain operations. This demand makes medium voltage switchgear a vital component of the modern electrical grid, offering efficient power control, protection, and fault management across medium-voltage networks. With industries scaling up and embracing automation, the need for robust and flexible power distribution systems is expected to intensify.
Sustainability and Energy Efficiency Drive Innovation
Sustainability has become a cornerstone of the North American power landscape, significantly influencing the development and adoption of medium voltage switchgear solutions. Companies across various sectors are under increasing pressure to reduce carbon emissions and meet strict environmental regulations. In response, manufacturers are focusing on producing environmentally friendly switchgear systems that align with energy efficiency goals and regulatory standards.
One of the key developments is the shift towards gas-insulated switchgear (GIS), which offers superior insulation while minimizing environmental impact compared to traditional air-insulated technologies. These systems occupy less space, require minimal maintenance, and are well-suited for urban and compact installations.
Moreover, innovations such as automated fault detection, real-time performance monitoring, and digital control systems are making modern switchgear smarter and more energy-efficient. These capabilities not only reduce energy losses but also improve system reliability and enhance operational transparency. As renewable energy adoption accelerates, particularly in wind and solar installations, the role of intelligent, sustainable switchgear in integrating distributed energy resources will become even more critical.
Transmission & Distribution Segment Leads Growth
Among the various application areas, the Transmission & Distribution (T&D) segment is expected to witness the fastest growth during the forecast period. This segment plays a critical role in ensuring that electricity generated at power plants is effectively transmitted and distributed to residential, commercial, and industrial consumers.
With increasing pressure to modernize aging infrastructure, utilities across North America are heavily investing in upgrading power grids. The push for smart grid deployment, the integration of renewable energy systems, and the transition to underground power networks are creating significant demand for advanced switchgear technologies.
Medium voltage switchgear is essential in these upgrades, as it ensures system stability, protects critical infrastructure from faults, and enhances overall power quality. Governments and utility providers are also increasingly adopting predictive maintenance and grid digitalization technologies, which rely on smart switchgear for real-time data acquisition and performance optimization.
The trend toward grid resilience is further driven by the rising frequency of extreme weather events, which have exposed vulnerabilities in traditional electrical infrastructure. As a result, utilities are focusing on building more durable, weather-resistant systems, making the T&D segment a focal point of market expansion.
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Mexico: A Key Growth Market
Geographically, Mexico stands out as the fastest-growing country in the North America Medium Voltage Switchgear Market. The nation is undergoing significant infrastructure development, with a strategic focus on power grid modernization and energy diversification.
Mexico’s increasing adoption of renewable energy sources, particularly wind and solar, is creating demand for more advanced power distribution and management systems. Medium voltage switchgear is vital in facilitating this transition by ensuring efficient load balancing and grid integration of intermittent energy sources.
Moreover, the expansion of industries such as automotive, manufacturing, and construction is driving electricity consumption and highlighting the need for reliable and scalable electrical infrastructure. Government-backed initiatives to improve rural electrification, promote clean energy, and attract foreign investments into the power sector are further reinforcing the demand for modern switchgear systems.
With a favorable climate for solar and wind energy and policy frameworks encouraging green growth, Mexico is rapidly emerging as a key contributor to regional market dynamics.
Conclusion
The North America Medium Voltage Switchgear Market is poised for strong growth through 2030, driven by rising electricity demand, sustainability trends, infrastructure upgrades, and the shift toward renewable energy. As industries evolve and energy systems modernize, medium voltage switchgear will continue to play a central role in enabling safe, efficient, and sustainable power distribution across the region.
With growing interest from utilities, industries, and governments alike, the market is set to witness continued innovation and expansion, particularly in fast-developing areas like Mexico and in critical segments such as Transmission & Distribution.
Key market players in the North America Medium Voltage Switchgear market are: -
ABB Ltd.
Siemens AG
Schneider Electric SE
Eaton Corporation plc
Mitsubishi Electric Corporation
LS Electric Co., Ltd.
Toshiba Corporation
Powell Industries, Inc.
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“The North America Medium Voltage Switchgear Market is poised for significant growth due to increasing infrastructure investments, the shift towards smart grids, and the demand for more resilient power distribution systems. Key drivers include the modernization of aging electrical grids, the undergrounding of overhead networks, and the integration of renewable energy sources. Advancements in digitalization and predictive maintenance technologies are boosting the adoption of medium voltage switchgear. The ongoing expansion of data centers and upgrades to power grids, particularly in the U.S. and Canada, will further accelerate market growth in the coming years.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global management consulting firm.
“North America Medium Voltage Switchgear Market By Voltage (3kV-5kV, 6kV-15kV, 16kV-27kV, 28kV-40kV), By Current (AC, DC), By Insulation (Air Insulated Switchgear, Gas Insulated Switchgear, Others), By Application (Transmission & Distribution Utilities, Commercial, Residential, Others), By Country, Competition, Forecast and Opportunities, 2020-2030F”, has evaluated the future growth potential of North America Medium Voltage Switchgear Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in North America Medium Voltage Switchgear Market.
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