Low Voltage Switchgear Market By Top Companies like General Electric, ABB Limited, Eaton Corporation, Mitsubishi Electric Corporation, Schneider Electric, Siemens AG

Low Voltage Switchgear Market in 2018 surpassed an annual installation of 30 thousand units and is predicted to exceed USD 80 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.

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o Pages: 1017
o Tables: 1875
o Charts / Figures: 43
o Companies covered: 19

In 2018, fixed mounted units accounted for over 40% of the global LV switchgear market share. The incorporation of limited adjoining parts coupled with low breakdown rate have inviolably influenced the unit installation across the industry. Government and regulatory directives have ever since affected utility backed distribution grid networks regarding the setup of electrical infrastructure. The decentralized micro-grid networks integration across grid isolated areas and favorable government regulations toward rural electrification will stimulate the LV switchgear market share.

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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Market Competitors:
o General Electric
o ABB Limited
o Eaton Corporation
o Mitsubishi Electric Corporation
o Schneider Electric
o Siemens AG
o E + I Engineering Ltd.
o Hyosung Corporation
o Hyundai Electric & Energy Systems
o Powell Industries
o Hitachi Limited
o Hubbell Power Systems
o Fuji Electric
o L&T Electrical and Automation
o Skema S.p.A.
o Norelco Oy
o START Electrical Switchgear Assembly LLC.
o Al Hassan Engineering Co. S.A.O.G.
o Lucy Electric UK Ltd.

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.

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 3600 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

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