In an electric power system, a switchgear is composed of electrical disconnect switches, fuses or circuit breakers used to control, protect and isolate electrical equipment. Switchgear is used both to de-energize equipment to allow work to be done and to clear faults downstream. This type of equipment is directly linked to the reliability of the electricity supply. The earliest central power stations used simple open knife switches, mounted on insulating panels of marble or asbestos. Power levels and voltages rapidly escalated, making opening manually operated switches too dangerous for anything other than isolation of a de-energized circuit. Oil-filled switchgear equipment allows arc energy to be contained and safely controlled. By the early 20th century, a switchgear line-up would be a metal-enclosed structure with electrically operated switching elements using oil circuit breakers. Today, oil-filled equipment has largely been replaced by air-blast, vacuum, or SF6 equipment, allowing large currents and power levels to be safely controlled by automatic equipment. High-voltage switchgear was invented at the end of the 19th century for operating motors and other electric machines. The technology has been improved over time and can now be used with voltages up to 1,100 kV. Typically, switchgear in substations is located on both the high- and low-voltage sides of large power transformers. The switchgear on the low-voltage side of the transformers may be located in a building, with medium-voltage circuit breakers for distribution circuits, along with metering, control, and protection equipment. For industrial applications, a transformer and switchgear line-up may be combined in one housing, called a unitized substation (USS). According to the latest research by Visiongain, a market research company, the worldwide switchgear market is expected to achieve $152.5 billion by 2029 at a CAGR of 5.9%. Growing investment in renewable energy and enhanced demand for safe and secure electrical distribution systems are expected to generate the increase. Components A switchgear assembly has two types of components: Power-conducting components, such as switches, circuit breakers, fuses, and lightning arrestors, that conduct or interrupt the flow of electrical power. Control systems such as control panels, current transformers, potential transformers, protective relays, and associated circuitry, that monitor, control, and protect the power-conducting components. Functions One of the basic functions of switchgear is protection, which is interruption of short-circuit and overload fault currents while maintaining service to unaffected circuits. Switchgear also provides isolation of circuits from power supplies. Switchgear is further used to enhance system