Low Voltage Switchgear Market Size- By Product Type, By Voltage Rating, By Installation, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Low Voltage (LV) Switchgear Market Introduction and Overview

According to SPER Market Research, 'Low Voltage Switchgear Market Size- By Product Type, By Voltage Rating, By Installation, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Low Voltage Switchgear Market is predicted to reach USD 57.89 billion by 2033 with a CAGR of 10.64%.

Three-phase low-voltage switchgear can offer up to 1000 volts and 6000 amps of electrical energy in a safe, effective, and dependable manner. The main DC bus has 10,000 amps available (for parallel power sources). Low-voltage switchgear is typically installed on the secondary (low-voltage) side of a distribution transformer. A substation is a combination of switchgear and transformers. Branch circuits include branches and circuits. It fuels industrial processes as well as critical power systems.

The pandemic's effects on the world economy generated a disruption in the supply chain, which had a variety of effects on the market for specialized equipment. As a result, the low voltage switchgear market saw a sharp fall as production of the equipment was halted. The manufacturing plant shut down during the lockdown that affected many regions of the world because workers were afraid to work for fear of contracting the infection, which resulted in a scarcity of inventory.

Scope of the Report:

Report Metric Details

Market size available for years 2019-2033

Base year considered 2022

Forecast period 2023-2033

Segments covered By Product Type, By Voltage Rating, By Installation, By Application

Regions covered

North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered Mitsubishi, Hubbell, Siemens, Fuji, Powell, L&T, Hyosung,, Schneider, Hitachi, E+I Engineering, Eaton, Hyundai Electric, ABB, Skema, Lucy Electric

Low Voltage Switchgear Market Key Segments Covered

By Product Type: Based on the Component, Global Low Voltage Switchgear Market is segmented as; Fixed Mounting, Withdrawal Unit.

By Voltage Rating: Based on the Voltage Rating, Global Low Voltage Switchgear Market is segmented as; Less than 250V, 250V to 750V, 751V to 1000V.

By Installation: Based on the Installation, Global Low Voltage Switchgear Market is segmented as; Indoor, Outdoor.

By Application: Based on the Application, Global Low Voltage Switchgear Market is segmented as; Correction, Distribution, Motor Control, Power Factor, Sub-Distribution, Substation.

Product Code: MACH2355

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Low Voltage Switchgear Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Low Voltage Switchgear Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Low Voltage Switchgear Market

7. Global Low Voltage Switchgear Market, By Product Type (USD Million)

7.1. Global Low Voltage Switchgear Market Value Share and Forecast, By Product Type, 2023-2033
7.2. Fixed Mounting, Plug-In
7.3. Withdrawable Unit

8. Global Low Voltage Switchgear Market, By Voltage Rating (USD Million)

8.1. Global Low Voltage Switchgear Market Value Share and Forecast, By Voltage Rating, 2023-2033
8.2. Less than 250V
8.3. 250V to 750V
8.4. 751V to 1000V

9. Global Low Voltage Switchgear Market , By Installation (USD Million)

9.1. Global Low Voltage Switchgear Market Value Share and Forecast, By Installation, 2023-2033
9.2. Indoor
9.3. Outdoor

10. Global Low Voltage Switchgear Market , By Application (USD Million)

10.1. Global Low Voltage Switchgear Market Value Share and Forecast, By Application, 2023-2033
10.2. Correction
10.3. Distribution
10.4. Motor Control
10.5. Power Factor
10.6. Sub-Distribution
10.7. Substation

11. Global Low Voltage Switchgear Market Forecast, 2019-2033 (USD Million)

11.1. Global Low Voltage Switchgear Market Size and Market Share

12. Global Low Voltage Switchgear Market, By Product Type, 2019-2033 (USD Million)

12.1. Global Low Voltage Switchgear Market Size and Market Share By Product Type (2019-2026)
12.2. Global Low Voltage Switchgear Market Size and Market Share By Product Type (2027-2033)

13. Global Low Voltage Switchgear Market, By Installation, 2019-2033 (USD Million)

13.1. Global Low Voltage Switchgear Market Size and Market Share By Installation (2019-2026)
13.2. Global Low Voltage Switchgear Market Size and Market Share By Installation (2027-2033)

14. Global Low Voltage Switchgear Market, By Application, 2019-2033 (USD Million)

14.1. Global Low Voltage Switchgear Market Size and Market Share By Application (2019-2026)
14.2. Global Low Voltage Switchgear Market Size and Market Share By Application (2027-2033)

15. Global Low Voltage Switchgear Market, By Region, 2019-2033 (USD Million)

15.1. Global Low Voltage Switchgear Market Size and Market Share By Region (2019-2026)
15.2. Global Low Voltage Switchgear Market Size and Market Share By Region (2027-2033)
15.3. Asia-Pacific
- 15.3.1. Australia
- 15.3.2. China
- 15.3.3. India
- 15.3.4. Japan
- 15.3.5. South Korea
- 15.3.6. Rest of Asia-Pacific
15.4. Europe
- 15.4.1. France
- 15.4.2. Germany
- 15.4.3. Italy
- 15.4.4. Spain
- 15.4.5. United Kingdom
- 15.4.6. Rest of Europe
15.5. Middle East and Africa
- 15.5.1. Kingdom of Saudi Arabia
- 15.5.2. United Arab Emirates
- 15.5.3. Rest of Middle East & Africa
15.6. North America
- 15.6.1. Canada
- 15.6.2. Mexico
- 15.6.3. United States
15.7. Latin America
- 15.7.1. Argentina
- 15.7.2. Brazil
- 15.7.3. Rest of Latin America

16. Company Profile

16.1. ABB
- 16.1.1. Company details
- 16.1.2. Financial outlook
- 16.1.3. Product summary
- 16.1.4. Recent developments
16.2. Ariana
- 16.2.1. Company details
- 16.2.2. Financial outlook
- 16.2.3. Product summary
- 16.2.4. Recent developments
16.3. Eaton
- 16.3.1. Company details
- 16.3.2. Financial outlook
- 16.3.3. Product summary
- 16.3.4. Recent developments
16.4. E+I Engineering
- 16.4.1. Company details
- 16.4.2. Financial outlook
- 16.4.3. Product summary
- 16.4.4. Recent developments
16.5. Fuji
- 16.5.1. Company details
- 16.5.2. Financial outlook
- 16.5.3. Product summary
- 16.5.4. Recent developments
16.6. Hitachi
- 16.6.1. Company details
- 16.6.2. Financial outlook
- 16.6.3. Product summary
- 16.6.4. Recent developments
16.7. Hyundai Electric
- 16.7.1. Company details
- 16.7.2. Financial outlook
- 16.7.3. Product summary
- 16.7.4. Recent developments
16.8. Hubbell
- 16.8.1. Company details
- 16.8.2. Financial outlook
- 16.8.3. Product summary
- 16.8.4. Recent developments
16.9. Hyosung
- 16.9.1. Company details
- 16.9.2. Financial outlook
- 16.9.3. Product summary
- 16.9.4. Recent developments
16.10. L&T
- 16.10.1. Company details
- 16.10.2. Financial outlook
- 16.10.3. Product summary
- 16.10.4. Recent developments
16.11. Mitsubishi
- 16.11.1. Company details
- 16.11.2. Financial outlook
- 16.11.3. Product summary
- 16.11.4. Recent developments
16.12. Others