Medium and High Voltage Switchgear Leads the Market

Reportlinker Review is a series of posts featuring Innovations, Social and Economic Megatrends to understand the World of Tomorrow. Each post is illustrated with statistics for one industry.

Reportlinker’s Switchgear Industry Review in a nutshell

  • Switchgear has many industrial uses
  • Siemens to install switchgear in Tajikistan power plant
  • Plant part of larger dam project

The switchgear market was valued at $116 billion in 2014. The largest segment of this market was HV/MV (high-voltage/medium-voltage), valued at $29 billion; switchgear in this segment is rated at one kilovolt or high.

HV/MV switchgear is manufactured in North America, Japan and Europe.

Other products considered switchgear include switches, isolators, fuses, lightning arresters, panelboards, disconnectors, protection relays, and circuit breakers.

The switchgear market is forecasted to grow over the next several years.

Siemens AG, the world’s largest manufacturer of energy-producing products, signed an agreement Sept. 7 to provide two gas-insulated high-voltage switchgears (GIS) for a Tajikistani power plant. The plant will be built by Italian industrial group Salini Impregilo for $3.9 billon.

The amount of the Siemens deal has not been released, but will include a 8DN9 switchgear, with voltage up to 220 kV and four circuit breakers; a 8DQ1 switchgear, with voltage up to 550 kV and with 21 circuit breakers; and an online monitoring devices for self-monitoring and automatic remote diagnosis.

The switchgears are insolated with gas to protect them from environmental contamination and to prevent outages. Siemens says the switchgear is designed to have a service life of at least 50 years based on the performance of the company’s first GIS panel which went into operation in Berlin in 1968 and still is in reliable operation.

All components will be installed by 2018.

There also will besix 600 MW turbines, Siemens said, producing 13.3 billion kWh annually.

The Siemens Division Energy Management’s product portfolio produces $13.3 billion in annual sales with $641 million in profits. The company has a presence in more than 100 countries and employs 53,000 globally.

Dam Project

The plant is part of the Rogun Dam project on the Vakhsh River in Pamir, Tajikistan. It will be 1,099 feet tall, making it the world’s tallest dam and hydroelectric power station, according to the developers.

It will be used to power a large region of Central Asia. Tajikistan is bordered by Afghanistan, China, Kyrgyzstan and Uzbekistan.

The plant is located about 60 miles from the capital of Dushanbe. Estimates say the dam will produce 13.3 billion kilowatt hours of electricity annually.

The world’s current tallest dam is upriver at the 984-feet-tall Nurek Dam.

Key Statistics – High Voltage/Medium Voltage Switchgear Market (source: Statplan Energy)

  • In 2014, Asia Pacific was the largest regional market at $12 billion, 42.4% of the global total. Top players in the region are China, Japan, Korea, India and Indonesia.
  • The Middle East is the fastest-growing market at 15.3% in nominal value and 7.7% real growth.
  • The largest individual producing country is China, with a 20.3% market share while Europe is the largest producing region at 26.8% of global output.