Press release
What's driving the Low Voltage Switchgear market Share ? GE, Siemens, Schneider, ABB, Mitsubishi, Eaton, Hyundai Electric, Hyosung, E+I Engineering, Norelco START, L&T, Fuji, Skema, Hubbell, Hitachi, Al Hassan Engineering, Powell and Lucy Electric
The U.S. low voltage switchgear market is anticipated to grow at a rate of over 5% by 2025. Initiations by government toward the upgradation and replacement of conventional distribution networks in line with rising demand for cost efficient products will fuel the business outlook. In 2017, the U.S. regulators, announced an investment over USD 600 million in compliance with their Electrification Project hovering across the Peninsula Corridor.
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Low Voltage Switchgear Market in 2018 surpassed an annual installation of 30?000 thousand units and is predicted to exceed USD 80?000 million by 2025. Increasing rural energy demand coupled with ongoing amendments incorporating with security & safety of supply will foster the industry landscape. Furthermore, the reinstallation of power distribution infrastructure in warfare prone Middle East nations will further stimulate the product demand.
Circuit breaker infused low voltage switchgear market is expected to grow at a rate of over 6% by 2025. Operational safety along with ability to reset, pose immense expansion potential across grids having persistent current faults and outages. In addition, these products on account of their wide application across industrial and utility-based installations will further positively influence the industry landscape.
Rising demand for effective fault clearance facility supported by enhanced product efficiencies will fuel the demand for Direct Current (DC) LV switchgear market. The versatile operational support for Alternating Current (AC) circuits interconnection favored by lesser operational losses will further propel the product adoption.
By 2025, the 1000 Ampere Low Voltage switchgear market is anticipated to exceed USD 18 billion. The products on account of wide application across process industries, infrastructure and power sectors in line with expanding decentralized energy networks will observe substantial development across the forecast timeline.
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Indoor LV switchgear market is expected to grow on account of growth in the real estate sector across developing countries. Significant growth in infrastructure investment from private funding institutions backed by regulatory reforms and initiatives have infused a competitive business outlook. Leading LV switchgear market players include GE, Siemens, Schneider, ABB, Mitsubishi, Eaton, Hyundai Electric, Hyosung, E+I Engineering, Norelco START, L&T, Fuji, Skema, Hubbell, Hitachi, Al Hassan Engineering, Powell and Lucy Electric.
Table of Content:
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.2.1 Abbreviations
1.3 Market estimation and forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Low voltage switchgear market 360 degree synopsis, 2014 - 2025
2.1.1 Business trends
2.1.2 Protection trends
2.1.3 Product trends
2.1.4 Rated current trends
2.1.5 Voltage rating trends
2.1.6 Installation trends
2.1.7 Current trends
2.1.8 Application trends
2.1.9 Regional trends
Chapter 3 Low Voltage Switchgear Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 - 2025 (USD Million)
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Power distribution digital landscape
3.4.1 IT/OT convergence
3.4.2 Internet of Things
3.4.3 Data analytics
3.4.4 Cyber security
3.5 Regulatory landscape
Chapter 4 Low Voltage Switchgear Market, By Protection
4.1 Low voltage switchgear market share by protection, 2018 & 2025
4.2 Circuit Breakers
4.2.1 Global market from circuit breakers, 2014 - 2025
4.2.2 Global market from circuit breakers, by region, 2014 - 2025
4.2.3 ACB
4.2.3.1 Global market from ACB, 2014 - 2025
4.2.3.2 Global market from ACB, by region, 2014 - 2025
4.2.4 MCCB
4.2.4.1 Global market from MCCB, 2014 - 2025
4.2.4.2 Global market from MCCB, by region, 2014 - 2025
4.2.5 MCB
4.2.5.1 Global market from MCB, 2014 - 2025
4.2.5.2 Global market from MCB, by region, 2014 - 2025
4.2.6 MSP
4.2.6.1 Global market from MSP, 2014 - 2025
4.2.6.2 Global market from MSP, by region, 2014 - 2025
4.2.7 MPCB
4.2.7.1 Global market from MPCB, 2014 - 2025
4.2.7.2 Global market from MPCB, by region, 2014 - 2025
4.3 Fuse
Chapter 5 Low Voltage Switchgear Market, By Product
5.1 Low voltage switchgear market share by product, 2018 & 2025
5.2 Fixed Mounting
5.2.1 Global market from fixed mounting, 2014 - 2025
5.2.2 Global market from fixed mounting, by region, 2014 - 2025
5.3 Plug - in
5.3.1 Global market from plug - in, 2014 - 2025
5.3.2 Global market from plug - in, by region, 2014 - 2025
5.4 Withdrawable Unit
5.4.1 Global market from withdrawable unit, 2014 - 2025
5.4.2 Global market from withdrawable unit, by region, 2014 - 2025
Chapter 6 Low Voltage Switchgear Market, By Rated Current
6.1 Low voltage switchgear market share by rated current, 2018 & 2025
6.2 ≤ 1000 Ampere
6.2.1 Global market from ≤ 1000 ampere, 2014 - 2025
6.2.2 Global market from ≤ 1000 ampere, by region, 2014 - 2025
6.3 1001 to 5000 Ampere
6.3.1 Global market from 1001 to 5000 ampere, 2014 - 2025
6.3.2 Global market from 1001 to 5000 ampere, by region, 2014 - 2025
6.4 > 5000 Ampere
6.4.1 Global market from > 5000 ampere, 2014 - 2025
6.4.2 Global market from > 5000 ampere, by region, 2014 - 2025
Chapter 7 Low Voltage Switchgear Market, By Voltage Rating
7.1 Low voltage switchgear market share by voltage rating, 2018 & 2025
7.2 ≤ 250 Volts
7.2.1 Global market from ≤ 250 volts, 2014 - 2025
7.2.2 Global market from ≤ 250 volts, by region, 2014 - 2025
7.3 251 to 750 Volts
7.3.1 Global market from 251 to 750 volts, 2014 - 2025
7.3.2 Global market from 251 to 750 volts, by region, 2014 - 2025
7.4 > 750 Volts
7.4.1 Global market from > 750 volts, 2014 - 2025
7.4.2 Global market from > 750 volts, by region, 2014 - 2025
Chapter 8 Low Voltage Switchgear Market, By Installation
8.1 Low voltage switchgear market share by installation, 2018 & 2025
8.2 Indoor
8.2.1 Global market from indoor, 2014 - 2025
8.2.2 Global market from indoor, by region, 2014 - 2025
8.3 Outdoor
8.3.1 Global market from outdoor, 2014 - 2025
8.3.2 Global market from outdoor, by region, 2014 - 2025
Chapter 9 Low Voltage Switchgear Market, By Current
9.1 Low voltage switchgear market share by current, 2018 & 2025
9.2 AC
9.2.1 Global market from AC, 2014 - 2025
9.2.2 Global market from AC, by region, 2014 - 2025
9.3 DC
9.3.1 Global market from DC, 2014 - 2025
9.3.2 Global market from DC, by region, 2014 - 2025
Chapter 10 Low Voltage Switchgear Market, By Application
10.1 Low voltage switchgear market share by application, 2018 & 2025
10.2 Substation
10.2.1 Global market from substation, 2014 - 2025
10.2.2 Global market from substation, by region, 2014 - 2025
10.3 Distribution
10.3.1 Global market from distribution, 2014 - 2025
10.3.2 Global market from distribution, by region, 2014 - 2025
10.4 Power Factor Correction
10.4.1 Global market from power factor correction, 2014 - 2025
10.4.2 Global market from power factor correction, by region, 2014 - 2025
10.5 Sub Distribution
Chapter 11 Low Voltage Switchgear Market, By Region
Chapter 12. Company Profiles
More Details on this Report: https://www.marketstudyreport.com/reports/low-voltage-switchgear-market
Related Reports: -
Global Low Voltage Circuit Breaker Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
A circuit breaker is an automatically operated electrical switch designed to protect an electrical circuit from damage caused by overload or short circuit. Its basic function is to detect a fault condition and interrupt current flow. Unlike a fuse, which operates once and then must be replaced, a circuit breaker can be reset (either manually or automatically) to resume normal operation. Circuit breakers are made in varying sizes, from small devices that protect an individual household appliance up to large switchgear designed to protect high voltage circuits feeding an entire city. In the next five years, the global consumption of Low Voltage Circuit Breaker will show upward tendency further, consumption is expected in 2020 will be 4202.64 (M units).
https://www.marketstudyreport.com/reports/global-low-voltage-circuit-breaker-market-2019-by-manufacturers-regions-type-and-application-forecast-to-2024
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