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Demand for electricity is multiplying on account of the increasing population and increasing power consumption per capita. Stable and reliable supply of electricity is key to the development of all countries. Distribution of electricity is carried out in a variety of places; right from power generation units to commercial establishments. Switchgears are mandatory for the continuous and stable distribution of electricity. Switchgears have become necessary because it ensures the safety of both man and machine.
Paralleling is the operation in which multiple power sources, usually two or more generators, are synchronized and then connected to a universal bus. Some applications require two or more generators to be paralleled with the Utility. The frequency, voltage, phase angle, and phase rotation of all the sources must match within prescribed limits before they can be paralleled.
Paralleling Switchgear (PSG) is a combination of protection, metering, control, and switching elements acting as an integrated system – to control the distribution of power. Paralleling Switchgear consists of breaker compartments and control compartments.
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Based on voltage, paralleling switchgear is divided in low voltage (600 V or less) and medium voltage ( 600 V to 15 kV). On the basis of transition, the market is segmented as an open transition and closed transition. Based on application, paralleling switchgear is segmented in standby, peak shave, and prime power.
By end-user, paralleling switchgear market is segmented in commercial, industrial, and utilities. Low voltage parallel switchgear is used in commercial, institutional, and research purposes mainly for emergency standby applications. Medium voltage paralleling switchgear is in mostly used in industrial and utility purpose.
The primary market driver for the global paralleling switchgear market is the increasing demand for a stable and reliable supply of power distribution. Modernization of existing electrical infrastructure will boost demand for paralleling switchgear. The rising electrification and rapid urbanization of developing countries will spur the demand for paralleling switchgear.
The critical market restraint for the global paralleling switchgear market is the oscillating price of raw materials. Tariffs and trade restriction play also play a significant role in increasing costs of raw material.
Some of the major companies that are present in the paralleling switchgear market are ABB Electrification, KOHLER Power, ASCO Power Technologies, Industrial Electric Mfg. (IEM), Eaton, Caterpillar Switchgear., Cummins Inc., GE Power, Thomson Power Systems, Paramount Power Systems Ltd., AZZ Inc., MTU Onsite Energy, Siemens, HiReli LLC, Enercon Engineering, Switchboard Apparatus, Inc. and Schneider Electric
Based on the region, the paralleling switchgear market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The government of the USA has taken the initiative to modernize, upgrade, and refurbish aging electrical infrastructure. Similar efforts are made in Europe, China, Australia, and Canada. Such actions are expected to boost demand for the paralleling switchgear market. The need for uninterrupted power supply all over the world has spurred the need for paralleling switchgear. Electrification in developing countries of Latin America, Asia-Pacific, Middle-East, and Africa will raise the market of the paralleling switchgear shortly. The emergence of power generation projects in Asia-Pacific, Middle-East, and Latin-America has increased the need for paralleling switchgear.
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