Press release
2020-23 Low Voltage Switchgear Industry Analysis And Top Profiled Key Players Eaton Corporation, Fuji Electric, General Electric
The global low voltage switchgear market was worth $29.7 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 12% and reach $46.72 billion by 2023.
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The low voltage switchgear market consists of sales of low voltage switchgears (=1KV) and related services that manufacture low voltage switchgears which are electrical switchgear rated up to 1KV. Low voltage switchgear is used in low voltage distribution board and it includes low voltage circuit breakers, switches, off load electrical isolators and earth leakage circuit breaker to protect the low voltage system.
The demand for electricity generation is projected to drive the low voltage switchgear market. Development of industrialization, urbanization requires continuous electricity supply, and reliability of the electrical supply depends heavily on the performance of the switchgear. Production of energy is a sustainable growth with demand in rural and urban areas with ongoing improvements to the integration of protection of supply, will drive industry growth.
Low Voltage Switchgear Market Segmentation: -
By Product
1) Fixed Mounting
2) Plug-in
3) Withdrawable Unit
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By End User
1) Residential
2) Commercial
3) Industrial
Few Points From Table Of Content
1. Executive Summary
2. Low Voltage Switchgear Market Characteristics
3. Low Voltage Switchgear Market Size And Growth
4. Low Voltage Switchgear Market Segmentation
5. Low Voltage Switchgear Market Regional And Country Analysis
……
25. Low Voltage Switchgear Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Low Voltage Switchgear Market
27. Low Voltage Switchgear Market Trends And Strategies
28. Low Voltage Switchgear Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the low voltage switchgear market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the low voltage switchgear market are ABB Limited, Al Hassan Engineering Co. S.A.O.G., E + I Engineering Ltd., Eaton Corporation, Fuji Electric, General Electric, Hitachi Limited, Hubbell Power Systems, Hyosung Corporation, Hyundai Electric & Energy Systems, L&T Electrical and Automation, Mitsubishi Electric Corporation, Schneider Electric, Siemens AG
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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