HS Code:
Switchgear assemblies and switchboards (HS Code: 8537) encompass a range of electrical apparatus used for switching, controlling, or protecting electrical circuits. This category includes control panels, numerical control apparatus, and other boards or cabinets equipped with multiple electrical components. These products are critical in power distribution, industrial automation, and infrastructure projects, ensuring safety and efficiency in electrical systems across residential, commercial, and industrial applications.
Total Trade Volume
USD 45.3 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for renewable energy integration
Increased need for advanced switchgear to manage decentralized power grids and renewable energy sources like solar and wind.
2021-2023
Digitalization and smart grid adoption
Growth in demand for smart switchgear with IoT capabilities for real-time monitoring and control.
2020-2023
Urbanization and infrastructure development
Higher demand in emerging economies for switchgear in construction and industrial projects.
2019-2023
The European Union introduced stricter environmental regulations under the Green Deal, pushing manufacturers to develop eco-friendly switchgear with reduced greenhouse gas emissions (e.g., SF6-free alternatives).
March 2023
Increased production costs but opened new market opportunities for sustainable products.
Ongoing trade disputes have led to additional tariffs on Chinese switchgear exports to the US, prompting supply chain diversification.
January 2022
Shift in sourcing to other countries like Vietnam and Mexico, affecting global trade patterns.
Major manufacturers have introduced compact and efficient GIS solutions tailored for urban and high-voltage applications.
September 2022
Boosted adoption in densely populated regions and high-demand sectors like data centers.