|03-15-2019 12:24 PM CET - Energy & Environment||
Global Load Break Switch Market 2019 In-depth Research Report By Prominent Players – ABB, Eaton, Schneider, GE, Siemens, Socomec, Rockwell Automation, Fuji Electric, Powell Electric, and Ensto
Press release from: Market Research Future
The global load break switch market was valued at USD 1.98 billion in 2017 and is projected to witness 5.25% CAGR during the forecast period. Load break switches are devices that are designed to enable transmission or stoppage of specific types of current. This enables safe operations of the power system and protects the grid from blackouts.
Load break switch market: Drivers & Constraints
In the recent times, the trend of refurbishing of aging electric infrastructure coupled with increasing investments made in power sector distribution have boosted the demand for the load break switches. Also, the exiting renewable-based power generation growth is aide the load break switch market in substancial ways.
With high proliferation of population, the power industry is witnessing a number of new power generation and transmission projects. There has been see a high need for increased access to power for enabling the growth of economy. Since, the past decade, Asia Pacific region has witnessed an exponential growth in power plant installation project. These have been done in India and China where increase in demands for power distribution is catered to the masses have immensly supported the load break switch market in splendid ways.
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Load Break Switche Market Segmentation
MRFR's analysis of the global load break switche Market has been performed by segmenting on the basis of type, voltage type, installation type, end-user, and region.
By mode of type, the load break switch market is further classified into gas-insulated, vaccum-insulated, air-insulated, and oil-immersed types. Of these, the gas-insulated segment is projected to steal the share of the market due to increased application in renewable energy power system projects. On the same time, the gas-insulated type is gaining increased popularity, owing to its ease of maintenance and long life cycles.
By mode of installation type, it is projected that the outdoor segment is expected to have the larger share of the market owing to the increased implementation in projects. The residencial sector is witnessing a gradual growth owing to smart grid systems.
By mode of voltage type, the load break switch market is accounted over below 11kv, 11-33 kv, 33-60kv. In the last, by mode of end-user, the load break switch market is further sub-segmented into utilities, industrial 7 commercial.
The key players of the global Load Break Switch market are ABB (Switzerland), Eaton (Ireland), Schneider (France), GE (U.S.), Siemens (Germany), Socomec (France), Rockwell Automation (U.S.), Fuji Electric (Japan), Powell Electric (U.S.), and Ensto (Finland).
Global Load Break Switch Market Major Table Of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Load Break Switch Market, By Type
5.2.1 Market Estimates & Forecast, 2017-2023
5.2.2 Market Estimates & Forecast By Region, 2017-2023
5.3.1 Market Estimates & Forecast, 2017-2023
5.3.2 Market Estimates & Forecast By Region, 2017-2023
5.4.1 Market Estimates & Forecast, 2017-2023
5.4.2 Market Estimates & Forecast By Region, 2017-2023
5.5.1 Market Estimates & Forecast, 2017-2023
5.5.2 Market Estimates & Forecast By Region, 2017-2023
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