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The Australia and New Zealand medium voltage switchgear market covers the gas-insulated, air-insulated, and solid and hybrid-insulated equipment rated between 1 kV and 36 kV that controls, protects, and isolates electricity on distribution networks and industrial installations. Demand is tied to grid renewal, renewable energy zone connections, data-centre power buildouts, and the shift toward eco-efficient, SF6-free designs across power utilities, industry, and infrastructure in both countries.
In 2025, the market is valued at AUD 618.30 million and is forecast to grow at a CAGR of 6.50%, reaching AUD 1160.63 million by 2035. Growth is driven by renewable energy zone connections, distribution network renewal, and the shift to eco-efficient, SF6-free switchgear across both countries.
Compound Annual Growth Rate
6.5%
Value in AUD million
2026-2035
The Australia and New Zealand medium voltage switchgear market is driven by an accelerating grid transition, ageing asset replacement, and rising connection of solar, wind, and battery projects. Distribution network operators such as Ausgrid and Powerlink, alongside New Zealand's Transpower and Vector, are investing to expand capacity, improve reliability, and integrate renewable energy zones, each of which lifts demand for medium voltage switchgear at substations, feeders, and industrial sites.
Three forces are shaping the market: the phase-down of sulphur hexafluoride and the move to eco-efficient switchgear, the buildout of data-centre and electrification load, and sustained utility spending on distribution renewal. Global electrical equipment majors supply the bulk of hardware, while local specialists provide assembly, integration, and after-sales support tailored to network standards in both countries.
In March 2026, Hitachi Energy was awarded a contract by ElectraNet to deploy SF6-free EconiQ switchgear in South Australia, one of the first transmission-level adoptions of the technology in the country. The move reflects a broader shift among utilities toward eco-efficient insulation and points to sustained procurement of both distribution and transmission switchgear through the forecast period.
The Australia and New Zealand medium voltage switchgear market is moving from asset renewal into grid transformation, and its value scales steadily across the forecast period as renewable energy zone connections and distribution renewal advance. Air-insulated switchgear remains the largest insulation type by installed base, reflecting its cost advantage across utility and industrial networks, while gas-insulated switchgear and the Queensland market set the fastest pace of growth. Committed grid renewal and the transition to eco-efficient, SF6-free designs underpin a durable, multi-year demand outlook rather than a cyclical uplift.
| Metric | Value |
| Market Size 2025 | AUD 618.30 million |
| Projected Market Size 2035 | AUD 1160.63 million |
| CAGR 2026 to 2035 | 6.50% |
| Fastest-Growing Insulation Type | Gas-Insulated Switchgear: 7.9% CAGR |
| Largest Insulation Type | Air-Insulated Switchgear |
| Fastest-Growing Region | New Zealand |
| Dominant Region | Australia |
| Key Demand Driver | Renewable Energy Zone Connections and Grid Renewal |
| Notable Utility Event (2026) | Hitachi Energy SF6-Free Switchgear for ElectraNet |
| Leading Network Operators | Ausgrid, Powerlink, Transpower, Vector |
Grid Renewal and Renewable Connections Anchor Steady Growth
The market stands at AUD 618.30 million in 2025 and is on track to reach AUD 1,160.63 million by 2035 at a 6.5% CAGR. Growth is anchored by distribution asset renewal and the connection of renewable energy zones across both countries, which convert grid investment plans into sustained switchgear procurement. Suppliers can secure long-term demand by aligning products with utility renewal programmes and renewable connection standards.
Air-Insulated Leads Volume While Gas-Insulated Grows Fastest
Air-insulated switchgear accounts for the largest installed base, reflecting its lower cost and wide use across established networks, while gas-insulated switchgear records the highest growth as space-constrained urban substations and eco-efficient designs gain ground. Suppliers can capture value by offering both cost-competitive air-insulated ranges for depth of coverage and compact gas-insulated units, including SF6-free variants suited to emissions-sensitive utilities and space-constrained urban substations across the two countries.
SF6 Phase-Down Signals Long-Term Equipment Renewal
The shift away from sulphur hexafluoride toward eco-efficient insulation, seen in ElectraNet and Ausgrid adoptions, points to a durable pipeline of switchgear replacement and new installation. Companies can expand share by developing SF6-free and low-global-warming designs that meet utility decarbonisation targets and network connection requirements, and by pairing that hardware with local assembly and service to win renewal and new-build work in Australia and New Zealand.
| Report Summary | Unit | Value |
| Base Year | AUD million | 2025 |
| Historical Period | AUD million | 2019 to 2025 |
| Forecast Period | AUD million | 2026 to 2035 |
| Market Size 2025 | AUD million | 618.30 |
| Market Size 2035 | AUD million | 1160.63 |
| CAGR 2026 2035 | Percentage | 6.50 % |
| CAGR by Insulation Type: Gas-Insulated Switchgear | Percentage | 7.9 % |
| CAGR by Insulation Type: Air-Insulated Switchgear | Percentage | 5.8 % |
| CAGR by Insulation Type: Solid and Hybrid-Insulated Switchgear | Percentage | 7.1 % |
| CAGR by Region: Australia | Percentage | Steady Growth |
| CAGR by Region: New Zealand | Percentage | Steady Growth |
| Notable Utility Event | Transaction | Hitachi Energy-ElectraNet (2026) |
| Market Share by Insulation Type 2025 | Air-Insulated Switchgear | Dominant Share |
The report summary reflects a steadily expanding market moving from asset renewal to grid transformation. The market's steady expansion is driven by renewable connections and distribution renewal rather than a single project. Air-insulated switchgear holds the dominant installed base by volume, while gas-insulated switchgear and the Queensland market record the fastest growth, tying expansion to eco-efficient designs and renewable energy zone buildout.
The Australia and New Zealand medium voltage switchgear market is being shaped by eco-efficient equipment adoption, renewable energy zone connections, and grid strengthening in both countries. The following dated trends, presented from the most recent, show how policy, load growth, and technology are driving equipment demand.
March 2026- Eco-Efficient Switchgear Reaches the Transmission Grid
November 2025- Renewable Energy Zones Lift Substation Equipment Demand
November 2025- SF6-Free Primary Switchgear Reaches the Regional Market
May 2025- New Zealand Reinforces Its Grid for Rising Demand
These trends point to a market whose growth is structurally supported rather than cyclical. Eco-efficient switchgear adoption converts decarbonisation policy into equipment renewal, renewable energy zones lift substation and feeder demand, and New Zealand grid reinforcement adds a parallel pipeline. Together they make medium voltage switchgear a resilient, investment-backed category through the forecast period across Australia and New Zealand.
Recent developments, presented from the most recent, show the market advancing on eco-efficient equipment, renewable connections, and grid reinforcement as network investment accelerates in both countries.
March 2026- Hitachi Energy to Supply SF6-Free Switchgear to ElectraNet
November 2025- Queensland Leads National Grid Connections
July 2025- NOJA Power Launches RC-20 Recloser Control for Distribution Grids
May 2025- Transpower Advances Its Grid Transformation Programme
The 2025 to 2026 developments show demand being shaped by grid investment and decarbonisation rather than short-lived campaigns. Eco-efficient switchgear orders and faster renewable connections lift equipment volumes, New Zealand grid reinforcement widens the addressable base, and early SF6-free adoptions stabilise the shift to low-global-warming designs. Together they reinforce durable demand for reliable medium voltage switchgear across Australia and New Zealand.
The Expert Market Research's report on the Australia And New Zealand Medium Voltage Switchgear Market offers a detailed analysis of the market based on the following segments.
Market Breakup by Insulation Type
Air-insulated switchgear accounts for the largest share of the installed base, as it offers lower cost and simpler maintenance across established distribution networks. Gas-insulated switchgear is the fastest-growing insulation type, favoured in space-constrained urban substations and emissions-sensitive sites as utilities move toward compact, increasingly SF6-free designs. Solid and hybrid-insulated switchgear serves niche applications where a balance of footprint and sustainability is required.
Market Breakup by Installation
Outdoor installation holds the leading share, reflecting the predominance of pole- and pad-mounted switchgear across utility distribution feeders and rural networks. Indoor installation is growing faster, driven by compact gas-insulated units in urban substations, data centres, and industrial plants where space and environmental protection are priorities.
Market Breakup by End User
Power utilities are the largest end user, underpinned by distribution renewal and renewable energy zone connections across both countries. Commercial and infrastructure demand is the fastest-growing segment, lifted by data-centre power buildouts and the electrification of transport and buildings, while industrial users sustain steady demand from mining, manufacturing, and processing sites.
Market Breakup by Region
Australia holds the dominant share, supported by its larger grid, extensive distribution networks, and renewable energy zone build-out across the National Electricity Market. New Zealand contributes a smaller but steadily growing share, anchored by Transpower's grid transformation programme and rising electricity demand.
| CAGR 2026 to 2035, Market by Region | Growth Rate |
| Australia | Dominant Share |
| New Zealand | Steady Growth |
The market combines global electrical equipment majors with local specialists and utility suppliers. Reliability, eco-efficient insulation, grid compliance, and service networks matter as much as price, and suppliers that pair proven hardware with local assembly and support are best placed across Australia and New Zealand.
ABB Ltd.
ABB is a global electrification and automation company that supplies air-insulated, gas-insulated, and solid-insulated medium voltage switchgear to utilities, industry, and infrastructure across Australia and New Zealand. Its portfolio includes eco-efficient, SF6-free ranges, and it supports networks with local engineering, service partners, and connection expertise for distribution and industrial projects.
Schneider Electric SE
Schneider Electric provides medium voltage switchgear and integrated energy management systems for utility, commercial, and industrial applications in both countries. It has partnered with Ausgrid on SF6-free substation solutions, and its ranges combine compact designs with digital monitoring, appealing to network operators pursuing decarbonisation and reliability across their distribution and industrial assets.
Siemens AG
Siemens supplies gas-insulated and air-insulated medium voltage switchgear, including eco-efficient blue designs that avoid sulphur hexafluoride. Ausgrid deployed Siemens blue gas-insulated switchgear as one of the first such installations in Australia, and the company backs its hardware with digital grid technology and local service across Australia and New Zealand networks.
NHP Electrical Engineering Products Pty Ltd
NHP is an Australian and New Zealand specialist in electrical and automation products that supplies, assembles, and supports medium voltage switchgear for utility, industrial, and infrastructure customers. Its local presence, panel-building capability, and after-sales service make it a key channel for delivering switchgear tailored to regional network standards and connection requirements.
Other key players in the Australia and New Zealand medium voltage switchgear market include Eaton Corporation plc, Hitachi Energy Ltd., GE Vernova Inc., Mitsubishi Electric Corporation, and Fuji Electric Co., Ltd.
Competition centres on reliability, eco-efficient insulation, and grid compliance rather than price alone. Global majors such as ABB, Schneider Electric, and Siemens compete across air-insulated and gas-insulated ranges, local specialist NHP anchors regional assembly and support, and suppliers such as Hitachi Energy shape demand through transmission and eco-efficient equipment orders. Companies with reliable, SF6-free hardware, local service, and connection expertise are best placed in a market defined by grid renewal and decarbonisation.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
The Australia and New Zealand medium voltage switchgear market is valued at AUD 618.30 million in 2025, reflecting demand from distribution renewal, renewable connections, and industrial installations across both countries.
The market is forecast to reach AUD 1160.63 million by 2035, growing at a CAGR of 6.50 % over the 2026 to 2035 period, driven by grid renewal, renewable energy zone connections, and the shift to eco-efficient switchgear.
Gas-insulated switchgear records the highest CAGR at an estimated 7.9% through 2035, supported by space-constrained urban substations, renewable connection points, and the move to compact, SF6-free designs.
Australia holds the largest share, supported by its larger grid, extensive distribution networks, and renewable energy zone build-out, while New Zealand contributes a smaller but steadily growing share anchored by Transpower's grid transformation programme.
Key players include ABB Ltd., Schneider Electric SE, Siemens AG, and NHP Electrical Engineering Products Pty Ltd, alongside Eaton Corporation plc, Hitachi Energy Ltd., GE Vernova Inc., Mitsubishi Electric Corporation, and Fuji Electric Co., Ltd.
The shift away from sulphur hexafluoride toward eco-efficient insulation, seen in ElectraNet and Ausgrid adoptions, is driving renewal and new procurement of SF6-free gas-insulated and solid-insulated switchgear across utility networks.
The connection of solar, wind, and battery projects, especially in Queensland and New South Wales, is lifting demand for reliable medium voltage switchgear at substations and feeders, encouraging suppliers to offer connection-ready equipment.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Insulation Type |
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| Breakup by Installation |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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