Global Low Voltage Switchgear Market Research Report Information By Protection By Product By Rated Current By Voltage By Installation By Current By End-User and By Region

Description

List of Tables

Global Low Voltage Switchgear Market Research Report Information By Protection (Circuit Breaker and Fuse) By Product (Fixed Mounting, Plug In and Withdrawal Unit) By Rated Current (<=1,000 Ampere, 1,000 TO 5,000 Ampere and >5,000 Ampere) By Voltage (UPTO 250V, 251V to 750V and 750v to 1KV) By Installation (Indoor and Outdoor) By Current (AC and DC) By End-User (T&D Utility, Commercial, Industrial, Residential and Others) and By Region - Forecast to 2030

Market Overview

The Low Voltage Switchgear Market was valued at USD 43,332.2 million in 2022. The Low Voltage Switchgear Market is expected to increase from USD 45,174.6 million in 2023 to USD 57890.06 million by 2030, with a compound yearly growth rate (CAGR) of 3.7% over the forecast period (2023- 2030).

The Low Voltage Switchgear Market is estimated to increase over the forecast period, owing to aging power distribution infrastructure. Furthermore, the deployment of performance-based incentive systems is projected to generate opportunities for low voltage switchgear market participants. However, extreme environmental conditions are projected to limit the growth of the Low Voltage Switchgear Market to some extent over the forecast period. Low-voltage switchgear is commonly located on a power distribution transformer's secondary (low-voltage) side. This transformer and switchgear combination requires a substation.

Market Segment insights

The worldwide Low Voltage Switchgears market has been segmented based on protection into Circuit Breaker and Fuse.

The market has been divided into three segments based on product: fixed mounting, plug in, and withdrawal unit.

The Global Low Voltage Switchgears market is segmented by Rated Current: <=1,000 Ampere, 1,000 TO 5,000 Ampere, and >5,000 Ampere.

The market is divided into three segments based on voltage: UPTO 250V, 251V to 750V, and 750V to 1KV.

The Global Low Voltage Switchgears market is divided into two segments based on installation: indoor and outdoor.

The market has been divided into two segments based on current: AC and DC.

The market has been divided into T&D Utility, Commercial, Industrial, Residential, and others segments based on end-user.

Regional insights

The Low Voltage Switchgear market is divided into five regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South America. The North American Low Voltage Switchgear market has the largest market share and is predicted to account for a sizable revenue share over the forecast period. North America is a major regional market for low voltage switchgear, owing to a rise in renewable energy sources and a growing need to upgrade the region's T&D networks. The region is seeing a surge in energy efficiency investment as technology prices fall and third-party energy efficiency initiatives become more prevalent.

The US low voltage switchgear market is expected to grow significantly due to rising power consumption for commercial and industrial applications, as well as increased oil production activity. Furthermore, Canada is investing in smart grid technology for Ottawa's net-zero energy communities to improve the power grid. This USD 5 million investment will help drive the implementation of microgrids around the country. These factors would increase the need for low-voltage switchgear.

Major Players

Siemens, ABB, Schneider Electric, Eaton Corporation, Mitsubishi Electric Corporation, General Electric, Hyosung Corporation, Powell Industries, Hyundai Electric & Energy Systems CO, LTD, and others are among the low voltage switchgear market's key players.

Product Code: MRFR/E&P/3922-CR

1 EXECUTIVE SUMMARY

1.1 KEY HIGHLIGHTS

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 REVIVAL OF INVESTMENTS IN THE CONSTRUCTION SECTOR
- 4.2.2 GROWING INVESTMENTS IN RENEWABLE ENERGY
- 4.2.3 AGING ELECTRICITY DISTRIBUTION INFRASTRUCTURE
4.3 RESTRAINTS
- 4.3.1 HARSH ENVIRONMENTAL CONDITIONS
4.4 OPPORTUNITY
- 4.4.1 IMPLEMENTATION OF ADVANCED TECHNOLOGIES
- 4.4.2 IMPLEMENTATION OF PERFORMANCE-BASED INCENTIVE SCHEMES

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 PARTICIPANTS (AT DIFFERENT NODES)
  - 5.1.1.1 RAW MATERIAL SUPPLIERS
  - 5.1.1.2 MANUFACTURERS
  - 5.1.1.3 DISTRIBUTION CHANNEL
  - 5.1.1.4 END-USER
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 BARGAINING POWER OF SUPPLIERS
- 5.2.2 BARGAINING POWER OF BUYERS
- 5.2.3 THREAT OF NEW ENTRANTS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY

6GLOBAL LOW VOLTAGE SWITCHGEAR MARKET, BY PROTECTION

6.1 INTRODUCTION
6.2 CIRCUIT BREAKER
- 6.1.1 ACB
- 6.1.2 MCB
- 6.1.3 MCCB
- 6.1.4 MSP
- 6.1.5 MPCB
6.3 FUSE

7 GLOBAL LOW VOLTAGE SWITCHGEAR MARKET, BY PRODUCT

7.1 INTRODUCTION
7.2 FIXED MOUNTING
7.3 PLUG IN
7.4 WITHDRAWAL UNIT

8 GLOBAL LOW VOLTAGE SWITCHGEAR MARKET, BY RATED CURRENT

8.1 INTRODUCTION
8.2 <=1,000 Ampere
8.3 1,000 TO 5,000 Ampere
8.4 >5,000 Ampere

9 GLOBAL LOW VOLTAGE SWITCHGEAR MARKET, BY VOLTAGE

9.1 INTRODUCTION
9.2 UPTO 250V
9.3 251V to 750V
9.4 750v to 1KV

10 GLOBAL LOW VOLTAGE SWITCHGEAR MARKET, BY INSTALLATION

10.1 INTRODUCTION
10.2 INDOOR
10.3 OUTDOOR

11 GLOBAL LOW VOLTAGE SWITCHGEAR MARKET, BY CURRENT

11.1 INTRODUCTION
11.2 AC
11.3 DC

12 GLOBAL LOW VOLTAGE SWITCHGEAR MARKET, BY END-USER

12.1 INTRODUCTION
12.2 T&D UTILITY
12.3 COMMERCIAL
12.4 INDUSTRIAL
12.5 RESIDENTIAL
12.5 OTHERS

13 GLOBAL LOW VOLTAGE SWITCHGEAR MARKET, BY REGION

13.1 OVERVIEW
13.2 NORTH AMERICA
- 13.2.1 US
- 13.2.2 CANADA
- 13.2.3 MEXICO
13.3 EUROPE
- 13.3.1 GERMANY
- 13.3.2 UK
- 13.3.3 FRANCE
- 13.3.4 RUSSIA
- 13.3.5 SPAIN
- 13.3.6 ITALY
- 13.3.7 NETHERLANDS
- 13.3.8 POLAND
- 13.3.9 DENMARK
- 13.3.10 REST OF EUROPE
13.4 ASIA ACIFIC
- 13.4.1 CHINA
- 13.4.2 JAPAN
- 13.4.3 INDIA
- 13.4.4 SOUTH KOREA
- 13.4.5 REST OF ASIA PACIFIC
13.5 SOUTH AMERICA
- 13.5.1 BRAZIL
- 13.5.2 ARGENTINA
- 13.5.3 REST OF LATIN AMERICA
13.6 MIDDLE EAST & AFRICA
- 13.6.1 SOUTH AFRICA
- 13.6.2 GCC COUNTRIES
- 13.6.3 TURKEY
- 13.6.4 REST OF THE MIDDLE EAST & AFRICA

14 COMPETITIVE LANDSCAPE

14.1 INTRODUCTION
14.2 COMPETITION DASHBOARD
- 14.2.1 PRODUCT PORTFOLIO
- 14.2.2 REGIONAL PRESENCE
- 14.2.3 STRATEGIC ALLIANCE
- 14.2.4 INDUSTRY EXPERIENCE
14.3 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS

15 COMPANY PROFILES

15.1 SIEMENS
- 15.1.1 COMPANY OVERVIEW
- 15.1.2 FINANCIAL OVERVIEW
- 15.1.3 PRODUCTS OFFERED
- 15.1.4 KEY DEVELOPMENTS
- 15.1.5 SWOT ANALYSIS
- 15.1.6 KEY STRATEGY
15.2 ABB
- 15.2.1 COMPANY OVERVIEW
- 15.2.2 FINANCIAL OVERVIEW
- 15.2.3 PRODUCTS OFFERED
- 15.2.4 KEY DEVELOPMENTS
- 15.2.5 SWOT ANALYSIS
- 15.2.6 KEY STRATEGY
15.3 SCHNEIDER ELECTRIC
- 15.3.1 COMPANY OVERVIEW
- 15.3.2 PRODUCTS OFFERED
- 15.3.3 KEY DEVELOPMENTS
- 15.3.4 KEY STRATEGY
15.4 EATON CORPORATION
- 15.4.1 COMPANY OVERVIEW
- 15.4.2 FINANCIAL OVERVIEW
- 15.4.3 PRODUCTS OFFERED
- 15.4.4 KEY DEVELOPMENTS
- 15.4.5 SWOT ANALYSIS
- 15.4.6 KEY STRATEGY
15.5 MITSUBISHI ELECTRIC CORPORATION
- 15.5.1 COMPANY OVERVIEW
- 15.5.2 FINANCIAL OVERVIEW
- 15.5.3 PRODUCTS OFFERED
- 15.5.4 KEY DEVELOPMENTS
- 15.5.5 SWOT ANALYSIS
- 15.5.6 KEY STRATEGY
15.6 GENERAL ELECTRIC
- 15.6.1 COMPANY OVERVIEW
- 15.6.2 FINANCIAL OVERVIEW
- 15.6.3 PRODUCTS OFFERED
- 15.6.4 KEY DEVELOPMENTS
- 15.6.5 SWOT ANALYSIS
- 15.6.6 KEY STRATEGY
15.7 HYOSUNG CORPORATION
- 15.7.1 COMPANY OVERVIEW
- 15.7.2 FINANCIAL OVERVIEW
- 15.7.3 PRODUCTS OFFERED
- 15.7.4 KEY DEVELOPMENTS
- 15.7.5 KEY STRATEGY
15.8 HYUNDAI ELECTRIC & ENERGY SYSTEMS CO, LTD
- 15.8.1 COMPANY OVERVIEW
- 15.8.2 FINANCIAL OVERVIEW
- 15.8.3 PRODUCTS OFFERED
- 15.8.4 KEY DEVELOPMENTS
- 15.8.5 KEY STRATEGY
15.9 POWELL INDUSTRIES
- 15.9.1 COMPANY OVERVIEW
- 15.9.2 FINANCIAL OVERVIEW
- 15.9.3 PRODUCTS OFFERED
- 15.9.4 KEY DEVELOPMENTS
- 15.9.5 KEY STRATEGY
15.10 ALFANAR
- 15.10.1 COMPANY OVERVIEW
- 15.10.2 FINANCIAL OVERVIEW
- 15.10.3 PRODUCTS OFFERED
- 15.10.4 KEY DEVELOPMENTS
- 15.10.5 KEY STRATEGY
15.11 RITTAL
- 15.11.1 COMPANY OVERVIEW
- 15.11.2 FINANCIAL OVERVIEW
- 15.11.3 PRODUCTS OFFERED
- 15.11.4 KEY DEVELOPMENTS
- 15.11.5 KEY STRATEGY
15.12 HITACHI, LTD.
- 15.12.1 COMPANY OVERVIEW
- 15.12.2 FINANCIAL OVERVIEW
- 15.12.3 PRODUCTS OFFERED
- 15.12.4 KEY DEVELOPMENTS
- 15.12.5 KEY STRATEGY
15.13 HUBBELL POWER SYSTEMS
- 15.13.1 COMPANY OVERVIEW
- 15.13.2 FINANCIAL OVERVIEW
- 15.13.3 PRODUCTS OFFERED
- 15.13.4 KEY DEVELOPMENTS
- 15.13.5 KEY STRATEGY
15.14 FUJI ELECTRIC CO LTD
- 15.14.1 COMPANY OVERVIEW
- 15.14.2 FINANCIAL OVERVIEW
- 15.14.3 PRODUCTS OFFERED
- 15.14.4 KEY DEVELOPMENTS
- 15.14.5 KEY STRATEGY
15.15 LARSEN & TOUBRO LIMITED
- 15.15.1 COMPANY OVERVIEW
- 15.15.2 FINANCIAL OVERVIEW
- 15.15.3 PRODUCTS OFFERED
- 15.15.4 KEY DEVELOPMENTS
- 15.15.5 KEY STRATEGY
15.16 RELATED REPORTS