Global Low Voltage Industrial Controls Market Size, Share & Forecast, by Product Type and End User and Regional Forecasts 2025-2035

Description

The Global Low Voltage Industrial Controls Market is valued approximately at USD 4.54 billion in 2024 and is anticipated to grow at a CAGR of more than 5.97% over the forecast period 2025-2035. Low voltage industrial control systems form the backbone of industrial automation and energy management, empowering industries to optimize processes, improve equipment performance, and minimize downtime. These systems encompass a wide range of components such as circuit breakers, relays, contactors, and motor starters-each engineered to control electrical energy distribution at safe voltage levels. As industries aggressively pursue digital transformation and smart factory initiatives, the demand for efficient, reliable, and connected control equipment has grown exponentially. The integration of Industrial Internet of Things (IIoT), the rise of energy-efficient manufacturing, and the global emphasis on sustainable industrial operations continue to propel the market forward.

The market's upward trajectory is further bolstered by the accelerating shift toward automation and advanced manufacturing technologies. Rapid industrialization in developing economies, coupled with growing demand for reliable power distribution and control, has intensified the deployment of low voltage control systems across sectors such as automotive, aerospace, and heavy machinery. Moreover, the rise in retrofitting activities across older industrial facilities, aimed at enhancing energy efficiency and operational safety, has provided a fresh impetus to market growth. According to the International Energy Agency (IEA), global industrial electricity consumption is projected to rise by over 30% by 2035, intensifying the need for advanced control systems that can balance efficiency with safety. Nonetheless, high initial setup costs and a growing inclination toward high-voltage automation systems in certain sectors might slightly restrain the market expansion over the next decade.

The detailed segments and sub-segments included in the report are:

By Product Type:

Circuit Breakers
Contactors
Motor Starters
Relays
Others

By End User:

Process Industry
Manufacturing Industry
Transportation
Aerospace & Defense
Others

By Region:

North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa
Circuit Breakers Expected to Dominate the Market
Circuit breakers are anticipated to hold the largest market share among low voltage industrial control components throughout the forecast period. Their ability to ensure safe power distribution, minimize equipment failure, and prevent circuit overloads positions them as an indispensable component in both industrial and commercial facilities. The increasing adoption of smart circuit breakers-featuring real-time monitoring, predictive maintenance, and IoT integration-has revolutionized how industries manage power systems. These advanced systems not only reduce downtime but also enhance productivity through precise fault detection and faster response times. Furthermore, the proliferation of renewable energy projects and the modernization of aging grid infrastructures are anticipated to further fuel the demand for these systems across global industries.
Manufacturing Industry Leads in Revenue Contribution
Among the end-user segments, the manufacturing industry currently leads in terms of revenue contribution. Continuous investments in factory automation, combined with the growing implementation of Industry 4.0 principles, have created substantial demand for efficient low voltage control systems. Manufacturers are increasingly deploying advanced control equipment to monitor, regulate, and optimize machine operations while ensuring compliance with international safety standards. Additionally, the ongoing adoption of robotics and precision machinery within automotive, electronics, and metal fabrication industries has necessitated robust control architectures. Although the manufacturing segment dominates in volume, the process industry-driven by stringent operational safety and reliability demands-is poised to witness the fastest growth in the forthcoming years.
The key regions considered for the Global Low Voltage Industrial Controls Market study include Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America currently dominates the market with the largest share, supported by a mature industrial base, strong technological adoption, and consistent innovation in automation and process control solutions. The presence of major industry players and an early embrace of energy-efficient technologies strengthen the region's leadership. In contrast, Asia Pacific is projected to exhibit the fastest growth during 2025-2035. The rapid industrialization of China, India, and Southeast Asia, along with massive investments in infrastructure and manufacturing, is driving this growth. Meanwhile, Europe continues to thrive on its sustainability-driven industrial framework, focusing on energy efficiency and smart grid integration, whereas Latin America and the Middle East & Africa present emerging opportunities driven by industrial expansion and growing energy investments.

Major market players included in this report are:

Siemens AG
Schneider Electric SE
ABB Ltd.
Eaton Corporation plc
Mitsubishi Electric Corporation
Honeywell International Inc.
Emerson Electric Co.
Rockwell Automation, Inc.
General Electric Company
Hitachi Industrial Equipment Systems Co., Ltd.
Omron Corporation
LS Electric Co., Ltd.
WEG Industries
Toshiba Corporation
Legrand Group

Global Low Voltage Industrial Controls Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast Period - 2025-2035
Report Coverage - Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects such as driving factors and challenges that will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Low Voltage Industrial Controls Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Low Voltage Industrial Controls Market Forces Analysis

3.1. Market Forces Shaping The Global Low Voltage Industrial Controls Market (2024-2035)
3.2. Drivers
- 3.2.1. digital transformation and smart factory initiatives
- 3.2.2. integration of Industrial Internet of Things (IIoT)
3.3. Restraints
- 3.3.1. high initial setup costs
3.4. Opportunities
- 3.4.1. rise of energy-efficient manufacturing

Chapter 4. Global Low Voltage Industrial Controls Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Low Voltage Industrial Controls Market Size & Forecasts by Product Type 2025-2035

5.1. Market Overview
5.2. Global Low Voltage Industrial Controls Market Performance - Potential Analysis (2025)
5.3. Circuit Breakers
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Contactors
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
5.5. Motor Starters
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035
5.6. Relays
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market size analysis, by region, 2025-2035
5.7. Others
- 5.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.7.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Low Voltage Industrial Controls Market Size & Forecasts by End User 2025-2035

6.1. Market Overview
6.2. Global Low Voltage Industrial Controls Market Performance - Potential Analysis (2025)
6.3. Process Industry
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Manufacturing Industry
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
6.5. Transportation
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035
6.6. Aerospace & Defense
- 6.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.6.2. Market size analysis, by region, 2025-2035
6.7. Others
- 6.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.7.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Low Voltage Industrial Controls Market Size & Forecasts by Region 2025-2035

7.1. Growth Low Voltage Industrial Controls Market, Regional Market Snapshot
7.2. Top Leading & Emerging Countries
7.3. North America Low Voltage Industrial Controls Market
- 7.3.1. U.S. Low Voltage Industrial Controls Market
  - 7.3.1.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.3.1.2. End User breakdown size & forecasts, 2025-2035
- 7.3.2. Canada Low Voltage Industrial Controls Market
  - 7.3.2.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.3.2.2. End User breakdown size & forecasts, 2025-2035
7.4. Europe Low Voltage Industrial Controls Market
- 7.4.1. UK Low Voltage Industrial Controls Market
  - 7.4.1.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.4.1.2. End User breakdown size & forecasts, 2025-2035
- 7.4.2. Germany Low Voltage Industrial Controls Market
  - 7.4.2.1. Type breakdown size & forecasts, 2025-2035
  - 7.4.2.2. Application breakdown size & forecasts, 2025-2035
- 7.4.3. France Low Voltage Industrial Controls Market
  - 7.4.3.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.4.3.2. End User breakdown size & forecasts, 2025-2035
- 7.4.4. Spain Low Voltage Industrial Controls Market
  - 7.4.4.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.4.4.2. End User breakdown size & forecasts, 2025-2035
- 7.4.5. Italy Low Voltage Industrial Controls Market
  - 7.4.5.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.4.5.2. End User breakdown size & forecasts, 2025-2035
- 7.4.6. Rest of Europe Low Voltage Industrial Controls Market
  - 7.4.6.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.4.6.2. End User breakdown size & forecasts, 2025-2035
7.5. Asia Pacific Low Voltage Industrial Controls Market
- 7.5.1. China Low Voltage Industrial Controls Market
  - 7.5.1.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.5.1.2. End User breakdown size & forecasts, 2025-2035
- 7.5.2. India Low Voltage Industrial Controls Market
  - 7.5.2.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.5.2.2. End User breakdown size & forecasts, 2025-2035
- 7.5.3. Japan Low Voltage Industrial Controls Market
  - 7.5.3.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.5.3.2. End User breakdown size & forecasts, 2025-2035
- 7.5.4. Australia Low Voltage Industrial Controls Market
  - 7.5.4.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.5.4.2. End User breakdown size & forecasts, 2025-2035
- 7.5.5. South Korea Low Voltage Industrial Controls Market
  - 7.5.5.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.5.5.2. End User breakdown size & forecasts, 2025-2035
- 7.5.6. Rest of APAC Low Voltage Industrial Controls Market
  - 7.5.6.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.5.6.2. End User breakdown size & forecasts, 2025-2035
7.6. Latin America Low Voltage Industrial Controls Market
- 7.6.1. Brazil Low Voltage Industrial Controls Market
  - 7.6.1.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.6.1.2. End User breakdown size & forecasts, 2025-2035
- 7.6.2. Mexico Low Voltage Industrial Controls Market
  - 7.6.2.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.6.2.2. End User breakdown size & forecasts, 2025-2035
7.7. Middle East and Africa Low Voltage Industrial Controls Market
- 7.7.1. UAE Low Voltage Industrial Controls Market
  - 7.7.1.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.7.1.2. End User breakdown size & forecasts, 2025-2035
- 7.7.2. Saudi Arabia (KSA) Low Voltage Industrial Controls Market
  - 7.7.2.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.7.2.2. End User breakdown size & forecasts, 2025-2035
- 7.7.3. South Africa Low Voltage Industrial Controls Market
  - 7.7.3.1. Product Type breakdown size & forecasts, 2025-2035
  - 7.7.3.2. End User breakdown size & forecasts, 2025-2035

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies
8.2. Siemens AG
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Financial Performance (Subject to Data Availability)
- 8.2.5. Product/Services Port
- 8.2.6. Recent Development
- 8.2.7. Market Strategies
- 8.2.8. SWOT Analysis
8.3. Schneider Electric SE
8.4. ABB Ltd.
8.5. Eaton Corporation plc
8.6. Mitsubishi Electric Corporation
8.7. Honeywell International Inc.
8.8. Emerson Electric Co.
8.9. Rockwell Automation, Inc.
8.10. General Electric Company
8.11. Hitachi Industrial Equipment Systems Co., Ltd.
8.12. Omron Corporation
8.13. LS Electric Co., Ltd.
8.14. WEG Industries
8.15. Toshiba Corporation
8.16. Legrand Group