Low Voltage Switchgear Industry 2019 Global Market Analysis 2019 to 2023 is latest research report on “Low Voltage Switchgear Market” published by Market Research Future. Low Voltage Switchgear Market rise at healthy growth rate by 2023. Market for Low Voltage Switchgear Market by Protection (Circuit Breaker Fuse), Product (Fixed mounting, Plug-in, withdrawable), Installation (Indoor, Outdoor), Application (Smartphone Applications, Lighting As-A-Service) and Region.
Some of the prominent players identified by MRFR in the global low voltage switchgear market: Schneider Electric SE (France), General Electric (U.S.), Eaton Corporation Plc. (Ireland), Mitsubishi Motors Corporation (Japan), Siemens AG (Germany), Hitachi, Ltd. (Japan), Hubbell Incorporated (U.S.), Rittal (Germany), Fuji Electric Co., Ltd. (Japan), ABB (Switzerland) among others.
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Global Low Voltage Switchgear Market Highlights:
According to the latest report by Market Research Future (MRFR), the global Low Voltage Switchgear market is slated to surpass a substantial market valuation at a steady 9% CAGR over the review period.
The augmented demand for power is likely to propel the market on an upward course in the review period. The rapid shift towards renewable energy for covering the power requirements of the nations is predicted to catalyze the expansion of the global low voltage switchgear market. moreover, the events by the governments directed towards the encouragement of the adoption of clean energy are likely to fuel the demand for low voltage switchgear.
The extensive usage of the technology across industrial, residential, and commercial locations for efficiently controlling and distributing electric power is projected to accelerate the expansion of the low voltage switchgear market in the forecasted future. Other factors accountable for the rise of the low voltage switchgear market are increasing investments into increased rural energy requirements, infrastructural projects, among others.
Market Segmentation:
Based on protection, the global low voltage switchgear market is bifurcated into a circuit breaker and fuse. The circuit breaker segment is sub-segmented into ACB, MCB, MSP, MCCB, and MPCB. The fuse segment has been sub-segmented into Switch disconnector with fuse, Fuse-switch disconnector, and others. By product, the global market low voltage switchgear has been segmented into the plug-in, fixed mounting, and withdrawable.
Based on rated current, the global low voltage switchgear market is segmented into 1001 to 5000 Ampere, ≤ 1000 Ampere, and > 5000 Ampere. By rated voltage, the market for low voltage switchgear has been segmented into 251 to 750 Volt, ≤ 250 Volt, and > 750 Volt. Based on the installation, the global low voltage switchgear market is segmented into DC and AC. By application, the market for low voltage switchgear has been segmented into distribution, sub-distribution, substations, power factor correction, and motor control.
Regional Analysis:
By region, the global market for low voltage switchgear has been segmented into Europe, Asia Pacific, North America, and the Rest of the World. The Asia Pacific is the leading market for low voltage switchgear market and is expected to retain a leading share of the market over the foreseeable future. The shift towards the production of renewable energy has led to the growth of the regional market. Also, the growing number of manufacturing units being set up in the region has strengthened the need for power production. This, in turn, has been projected to drive the growth of the low voltage switchgear market soon. China is estimated to flourish exponentially over the assessment period owing to the growing adoption of sustainable energy in the forecast period.
North America is one of the major regions in the global market for low voltage switchgear, projected to witness growth over the review period. The presence of key players in the region is anticipated to remain supportive for the North American low voltage switchgear market during the forecast period. Europe is another significant growth pocket of the global market. The increasing volume of renewable energy production is prognosticated to help the market low voltage switchgear in the review period.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Low Voltage Switchgear Market
5 Industry Overview Of Global Low Voltage Switchgear Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7. Global Low Voltage Switchgear Market By Protection
7.1 Introduction
7.2 Circuit Breaker
7.2.1 ACB
7.2.1.1 Market Estimates & Forecast, 2017-2023
7.2.2.1 Market Estimates & Forecast By Region, 2017-2023
7.2.2 MCCB
7.2.2.1 Market Estimates & Forecast, 2017-2023
7.2.2.1 Market Estimates & Forecast By Region, 2017-2023
7.2.3 MCB
7.2.3.1 Market Estimates & Forecast, 2017-2023
7.2.3.1 Market Estimates & Forecast By Region, 2017-2023
7.2.4 MSP
7.2.4.1 Market Estimates & Forecast, 2017-2023
7.2.4.1 Market Estimates & Forecast By Region, 2017-2023
7.2.5 MPCB
7.2.5.1 Market Estimates & Forecast, 2017-2023
7.2.5.1 Market Estimates & Forecast By Region, 2017-2023
7.3 Circuit Breaker
7.3.1 Fuse-Switch Disconnector
7.3.1.1 Market Estimates & Forecast, 2017-2023
7.3.2.1 Market Estimates & Forecast By Region, 2017-2023
7.3.2 Switch Disconnector With Fuse
7.3.2.1 Market Estimates & Forecast, 2017-2023
7.3.2.1 Market Estimates & Forecast By Region, 2017-2023
7.3.3 Others
7.3.3.1 Market Estimates & Forecast, 2017-2023
7.3.3.2 Market Estimates & Forecast By Region, 2017-2023
8. Global Low Voltage Switchgear Market By Product
8.1 Introduction
8.2 Fixed Mounting
8.2.1 Market Estimates & Forecast, 2017-2023
8.2.2 Market Estimates & Forecast By Region, 2017-2023
8.3 Plug-In
8.3.1 Market Estimates & Forecast, 2017-2023
8.3.2 Market Estimates & Forecast By Region, 2017-2023
8.4 Withdrawable
8.4.1 Market Estimates & Forecast, 2017-2023
8.4.2 Market Estimates & Forecast By Region, 2017-2023
9. Global Low Voltage Switchgear Market By Rated Current
9.1 Introduction
9.2 ≤ 1000 Ampere
9.2.1 Market Estimates & Forecast, 2017-2023
9.2.2 Market Estimates & Forecast By Region, 2017-2023
9.3 1001 To 5000 Ampere
9.3.1 Market Estimates & Forecast, 2017-2023
9.3.2 Market Estimates & Forecast By Region, 2017-2023
9.4 > 5000 Ampere
9.4.1 Market Estimates & Forecast, 2017-2023
9.4.2 Market Estimates & Forecast By Region, 2017-2023
10. Global Low Voltage Switchgear Market By Rated Voltage
10.1 Introduction
10.2 ≤ 250 Volt
10.2.1 Market Estimates & Forecast, 2017-2023
10.2.2 Market Estimates & Forecast By Region, 2017-2023
10.3 251 To 750 Volt
10.3.1 Market Estimates & Forecast, 2017-2023
10.3.2 Market Estimates & Forecast By Region, 2017-2023
10.4 > 750 Volt
10.4.1 Market Estimates & Forecast, 2017-2023
10.4.2 Market Estimates & Forecast By Region, 2017-2023
11. Low Voltage Switchgear Market By Installation
Continued…
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