INDONESIA MEDIUM VOLTAGE SWITCHGEAR MARKET

Indonesia medium voltage switchgear market is estimated to attain a robust CAGR in the forecast years owing to the rising electricity demand along with efforts to modernize power infrastructure.

Major Market Drivers and Emerging Trends

Indonesia medium voltage switchgear market size expansion is driven by rising electricity demand as the country is deeply involved in advancing its infrastructure. The government has prioritized the investment in building roads and airports to enhance connectivity across the country which leads to a burgeoning construction sector and an increased requirement for dependable switchgear solutions. Moreover, government programs including the One Million Houses initiative along with the 35 GW Power Project are anticipated to drive the medium voltage switchgear market expansion in the years ahead.

Rapid infrastructure development greatly increases the demand for electricity to facilitate effective electrical allocation and create a dependable power supply. In addition, the initiative to bring electricity to remote areas in the country has prompted the deployment of switchgear solutions in those locations. As a result the escalating need for electricity and the rise in industries needing dependable power supply have substantially impacted market growth.

 Indonesia is ranked 14th in the Asia Pacific region for electricity consumption totaling 1.272 MWh per capita in 2022. The industrial sector is the largest consumer of electricity in Indonesia representing 46% of total final consumption while the residential sector follows at 34%.

Indonesia is a country that has extensive natural resources and has increasingly prioritized renewable sources in its strategy. The government has set a goal in 2025 to achieve a 23% renewable energy share which results in a rise in investments for this sector. To support renewable energy growth, switchgears must be installed for the protection and management of power systems. The trend offers considerable prospects for switchgear manufacturers to benefit from the growing need for renewable energy.

 Additionally, Indonesia is focused on upgrading its power infrastructure along with developing a more effective grid. By utilizing innovative technology and smart devices, the country strives to achieve a power system with greater flexibility and interconnectivity. The growing trend is leading to an increasing need for digital switchgear systems that incorporate sophisticated communication solutions to ensure the grid operates smoothly.

Indonesia medium voltage switchgear market report highlights segmentation based on type into air-insulated, gas-insulated, and others. The GIS category is witnessing growth because these systems are highly efficient for electrical transmission and distribution, attributed to their compact size and lower maintenance costs. Gas-insulated switchgear is characterized by its compact and metal-enclosed design that houses high-voltage elements like disconnectors along with circuit breakers which enables safe use in restricted areas. The segment is likely to see considerable growth due to its affordability and simpler technologies.

The market can be segmented based on the application into commercial and residential, transmission and distribution utilities, and others. The T&D utilities category is projected to dominate the market owing to the ongoing electrical infrastructure expansion and the demand for dependable power distribution to meet rising electricity needs. Factors such as the expansion of electrical transmission and distribution systems, strategies to elevate the national electrification rate, along with significant infrastructure projects are crucial for the segment growth.

Java and Sumatra are anticipated to continue dominating the market based on the region due to numerous real estate initiatives and infrastructure projects that are currently in progress or in the planning stages in these areas.

Top market Players:

Several key players in the market include PT ABB Sakti Industri, Schneider Electric, Siemens, among others. The major companies are contributing to market growth by providing superior and innovative switchgear solutions.

Segments covered in the Report:

The Indonesia Medium Voltage Switchgear Market has been segmented based on type, voltage, and application. By type, the market is segmented into air-insulated switchgear (AIS), gas-insulated switchgear (GIS), and others. By voltage, the market is segmented into 1–12 kV, 12–17.5 kV, 17.5–24 kV, and 24–42 kV. By application, the market is segmented into transmission and distribution utilities, commercial and residential, and others.

Report Coverage	Details
Market Revenues (2023)	USD Million
Market Base Year	2023
Market Forecast Period	2024-2031
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Voltage, By Application
Regional Coverage	Indonesia
Companies Profiled	PT ABB Sakti Industri, Schneider Electric, Siemens; a total of 3 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Indonesia Medium Voltage Switchgear Market By Type

• • Air-Insulated Switchgear (AIS)
  • Gas-Insulated Switchgear (GIS)
  • Others

Indonesia Medium Voltage Switchgear Market By Voltage

• • 1–12kV
  • 12-17.5 kV
  • 5-24kV
  • 24-42 172kV

Indonesia Medium Voltage Switchgear Market By Application

• • Transmission and Distribution Utilities
  • Commercial and Residential
  • Others

Indonesia Medium Voltage Switchgear Market Leading players (Option 1: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • PT ABB Sakti Industri
  • Schneider Electric
  • Siemens