Low Voltage Switchgear Global Market Report 2026

Low voltage switchgear refers to electrical switchgear with a rating of up to 1KV, commonly used in low voltage distribution boards to safeguard the low voltage system.

The main product categories of low voltage switchgear include fixed mounting units, plug-in units, and withdrawable units. Withdrawable switchgear is a type of electrical switchgear that can be withdrawn and reinserted into the switchgear for maintenance or replacement purposes. The products come with voltage ratings, such as less than 250V, 250-750V, and 751-1000V. Low voltage switchgear finds applications among residential, commercial, and industrial end-users.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the low voltage switchgear market by increasing costs for circuit breakers, contactors, busbars, sensors, and communication modules, resulting in higher manufacturing expenses and elongated procurement cycles. Regions such as Asia Pacific, Europe, and North America face notable disruptions due to dependence on imported electrical components. Segments including fixed mounting systems, plug in units, and withdrawable switchgear are particularly affected. However, tariffs are encouraging local component sourcing, boosting regional production capabilities, and driving innovation in cost optimized and energy efficient switchgear designs.

The low voltage switchgear market research report is one of a series of new reports from The Business Research Company that provides low voltage switchgear market statistics, including low voltage switchgear industry global market size, regional shares, competitors with a low voltage switchgear market share, detailed low voltage switchgear market segments, market trends and opportunities, and any further data you may need to thrive in the low voltage switchgear industry. This low voltage switchgear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The low voltage switchgear market size has grown steadily in recent years. It will grow from $32.97 billion in 2025 to $34.6 billion in 2026 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to growth in industrial power distribution demand, rise in commercial building developments, increasing use of circuit protection devices, early adoption of modular switchgear designs, expansion of residential electrical networks.

The low voltage switchgear market size is expected to see strong growth in the next few years. It will grow to $45.61 billion in 2030 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to rising deployment of smart grids, increasing adoption of automated switchgear platforms, growth in electric mobility infrastructure, rising demand for remote monitoring capabilities, expansion of renewable energy based low voltage systems. Major trends in the forecast period include increasing adoption of intelligent and automated low voltage switchgear, growing integration of iot enabled monitoring and control features, advancement in digital protection, communication, and diagnostics, rising demand for energy efficient and sustainable switchgear solutions, expansion of smart mobility and electrified infrastructure requiring advanced switchgear.

The growing demand for data centers is expected to further propel the low-voltage switchgear market. Data centers are specialized facilities designed to accommodate computer systems and related components, including telecommunications and storage systems. These centers are crucial for storing, processing, and managing large volumes of data for various applications, such as cloud computing, e-commerce, and social media. Low-voltage switchgear is essential for distributing power to different components and systems within a data center, including servers, storage systems, and networking equipment. It also protects electrical systems from power surges, overloads, and other electrical disturbances. For instance, in September 2024, the National Telecommunications and Information Administration, a US-based government agency, reported that there are approximately 5,000 data centers in the United States, with demand for these facilities expected to increase by around 9% annually until 2030. Thus, the rising demand for data centers is driving the growth of the low-voltage switchgear market.

Major players in the Low Voltage Switchgear Market are concentrating on innovative products like the SEN Plus Switchgear to improve operational efficiency, safety, and sustainability in power distribution and motor control applications. The SEN Plus Switchgear is a low-voltage solution specifically designed for power distribution and motor control, featuring modularity and strong protection for various industrial applications. For example, in December 2023, ABB Ltd., a Switzerland-based automation firm, launched the SEN Plus switchgear. This switchgear is engineered to be flexible and modular, allowing it to adapt to different project requirements while ensuring operator safety. The SEN Plus is gaining traction due to the increasing complexities in grid infrastructure and the need for reliable power distribution systems. This development aligns with broader trends in smart manufacturing and Industry 4.0, where efficient power distribution is essential for advanced automation and data-driven decision-making.

In May 2024, Eaton Corporation, an Ireland-based manufacturing firm, acquired Exertherm for an undisclosed amount. Through this acquisition, Eaton typically aims to enhance its product offerings, expand its market reach, and boost its technological capabilities. Exertherm Limited is a UK-based company that specializes in providing temperature and humidity control solutions.

Major companies operating in the low voltage switchgear market are ABB, Siemens, Hitachi, Mitsubishi Electric, Schneider Electric SE, Eaton, Fuji Electric Co Ltd, HyundAI Electric, Chint Group, Hyosung, Ls Electric Co. Ltd, Noja Power, Meidensha, Toshiba, Nissin Electric, Shihlin Electric, Chem, Fortune Electric, Anchor Electricals Pvt Ltd, Havells India Ltd, Cg Power And Industrial Solutions Limited (Crompton Greaves), Orecco Electric, Tamco, Lan Electrical Limited, Tenaga Switchgear, Lucy Electric, Bmc Manufacturing, Twyver Switchgear, Alstom, Switchgear Company Nv (Sgc), Electroshield Samara, S&C Electric Company, Powell Industries, G&W Electric, Abunayyan Holding Company, Tiepco, Wahah Electric Supply Company Of Saudi Arabia Ltd, Kfb Holding Group, Afcon, Actom, Matelec Group, Egyptian German Electrical Manufacturing Co

Asia-Pacific was the largest region in the low voltage switchgear market in 2025. Western Europe was the second-largest region in the low voltage switchgear market share. The regions covered in the low voltage switchgear market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the low voltage switchgear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The low voltage switchgear market consists of sales of low voltage circuit breakers, switches, off load electrical isolators, earth leakage circuit breakers, and other low voltage switchgear. They are used to protect the low voltage system. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Low Voltage Switchgear Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses low voltage switchgear market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for low voltage switchgear ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The low voltage switchgear market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product: Fixed Mounting; Plug-In; Withdrawable Unit
• 2) By Voltage Rating: Less Than 250V; 250-750; 751-1000V
• 3) By End-User: Residential; Commercia; Industrial
• Subsegments:
• 1) By Fixed Mounting: Non-Adjustable Fixed Mounting Switchgear; Panel-Mounted Fixed Switchgear; Enclosed Fixed Switchgear
• 2) By Plug-In: Modular Plug-In Switchgear; Plug-In Circuit Breakers; Plug-In Connectors And Accessories
• 3) By Withdrawable Unit: Withdrawable Circuit Breakers; Withdrawable Fuse Units; Motor Control Centers (MCCs) With Withdrawable Units
• Companies Mentioned: ABB; Siemens; Hitachi; Mitsubishi Electric; Schneider Electric SE; Eaton; Fuji Electric Co Ltd; Hyundai Electric; Chint Group; Hyosung; Ls Electric Co. Ltd; Noja Power; Meidensha; Toshiba; Nissin Electric; Shihlin Electric; Chem; Fortune Electric; Anchor Electricals Pvt Ltd; Havells India Ltd; Cg Power And Industrial Solutions Limited (Crompton Greaves); Orecco Electric; Tamco; Lan Electrical Limited; Tenaga Switchgear; Lucy Electric; Bmc Manufacturing; Twyver Switchgear; Alstom; Switchgear Company Nv (Sgc); Electroshield Samara; S&C Electric Company; Powell Industries; G&W Electric; Abunayyan Holding Company; Tiepco; Wahah Electric Supply Company Of Saudi Arabia Ltd; Kfb Holding Group; Afcon; Actom; Matelec Group; Egyptian German Electrical Manufacturing Co
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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