DUBLIN, Oct. 3, 2019 /PRNewswire/ -- The "Low Voltage Switchgear - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
The Global Low Voltage Switchgear market accounted for $27.73 billion in 2017 and is expected to reach $56.36 billion by 2026 growing at a CAGR of 8.2% during the forecast period.
Some of the key factors such as favorable government rules towards the integration of sustainable energy resources across residential and commercial segments and rising expansion of micro-grid networks which provide the increasing off-grid energy demand are driving the market growth.
However, the uncertain economic climate significantly affects the commercial and industrial segments and low-cost Chinese and South Korean products that challenge the overall business revenue act as the restraining factor for the market growth.
LV Switchgear consists of low voltage circuit breakers, switches, off load electrical isolators, HRC fuses, earth leakage circuit breaker, miniature circuit breakers (MCB) and molded case circuit breakers (MCCB) etc i.e. all the accessories required to protect the LV system. The most common use of LV switchgear is in LV distribution board. They are used for electrical protection, local or remote switching and electrical isolation of the electrical installation, circuits or individual equipment.
By Protection, Circuit Breakers segment is likely to grow due to its ability to reset in line with operational safety pose immense growth potential across networks having frequent current outages and faults. Furthermore, these units owing to their wide applicability across utility based and industrial installations will further augment the business scenario.
By geography, North American low voltage Switchgear Market is likely to raise expenses towards infrastructural expansion all along with narrow measures across the isolated regions will expand this market in North America. In addition, considerable increase in power demand in line with growing concern toward the enhancement of conventional power grid will propel the industry scenario.
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Some of the key players profiled in the low voltage Switchgear Market include
- 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
- Lucy Electric UK Ltd.
- Mitsubishi Electric Corporation
- Norelco Oy
- Powell Industries
- Schneider Electric
- Siemens AG
- Skema S.p.A.
- START Electrical Switchgear Assembly LLC.
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Low Voltage Switchgear Market, By Product
5.1 Introduction
5.2 Withdrawable Unit
5.3 Stationary
5.4 Plug-in
5.5 Fixed Mounting
6 Global Low Voltage Switchgear Market, By Type
6.1 Introduction
6.2 6kV - 15kV
6.3 28kV - 38kV
6.4 1kV - 5kV
6.5 1kv
6.6 16kV - 27kV
7 Global Low Voltage Switchgear Market, By Rated Current
7.1 Introduction
7.2 1001 to 5000 Ampere
7.3 1000 Ampere
7.4 > 5000 Ampere
8 Global Low Voltage Switchgear Market, By Voltage Rating
8.1 Introduction
8.2 251 to 750 Volts
8.3 250 Volts
8.4 > 750 Volts
9 Global Low Voltage Switchgear Market, By Installation
9.1 Introduction
9.2 Outdoor
9.3 Indoor
10 Global Low Voltage Switchgear Market, By Current
10.1 Introduction
10.2 Direct Current (DC)
10.3 Alternating Current (AC)
11 Global Low Voltage Switchgear Market, By Protection
11.1 Introduction
11.2 Earth Leakage Circuit Breaker
11.3 High Rupturing Capacity (HRC) Fuses
11.4 Off Load Electrical Isolators
11.5 Fuse
11.5.1 Switch Disconnector with Fuse
11.5.2 Fuse-Switch Disconnector
11.5.3 Other Fuses
11.6 Circuit Breakers
11.6.1 Motor Starter Protector (MSP)
11.6.2 Motor Protection Circuit Breaker (MPCB)
11.6.3 Molded Case Circuit Breaker (MCCB)
11.6.4 Miniature Circuit breaker (MCB)
11.6.5 Air Circuit Breaker (ACB)
12 Global Low Voltage Switchgear Market, By Application
12.1 Introduction
12.2 Utilities
12.3 Substation
12.4 Sub Distribution
12.5 Steel Industries
12.6 Residential
12.7 Pulp And Paper
12.8 Power Factor Correction
12.9 Pharmaceuticals
12.10 Oil & Gas
12.11 Motor Control
12.12 Mining
12.13 Metallurgy
12.14 Infrastructure
12.15 Industrial
12.16 Food And Beverage
12.17 Electricity
12.18 Distribution
12.19 Commercial Buildings
12.20 Chemical
12.21 Data Center
13 Global Low Voltage Switchgear Market, By Geography
13.1 Introduction
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 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.6 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/r/atdzf1
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