Product Code: TMRGL3937
The report provides revenue of the global low voltage (LV) and medium voltage (MV) switchgear market for the period 2017-2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global low voltage (LV) and medium voltage (MV) switchgear market from 2022 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the low voltage (LV) and medium voltage (MV) switchgear market.
The report delves into the competitive landscape of the global low voltage (LV) and medium voltage (MV) switchgear market. Key players operating in the global low voltage (LV) and medium voltage (MV) switchgear market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global low voltage (LV) and medium voltage (MV) switchgear market profiled in this report.
Table of Contents
1. Preface
- 1.1. Market Introduction
- 1.2. Market and Segments Definition
- 1.3. Market Taxonomy
- 1.4. Research Methodology
- 1.5. Assumption and Acronyms
2. Executive Summary
- 2.1. Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Overview
- 2.2. Regional Outline
- 2.3. Industry Outline
- 2.4. Market Dynamics Snapshot
- 2.5. Competition Blueprint
3. Market Dynamics
- 3.1. Macro-economic Factors
- 3.2. Drivers
- 3.3. Restraints
- 3.4. Opportunities
- 3.5. Key Trends
- 3.6. Regulatory Framework
4. Associated Industry and Key Indicator Assessment
- 4.1. Parent Industry Overview - Global Switchgear Industry Overview
- 4.2. Supply Chain Analysis
- 4.3. Pricing Analysis
- 4.4. Technology Roadmap Analysis
- 4.5. Industry SWOT Analysis
- 4.6. Porter Five Forces Analysis
- 4.7. Covid-19 Impact and Recovery Analysis
5. Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Analysis, by Voltage Range
- 5.1. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Voltage Range, 2017-2031
- 5.1.1. Less than 1kV
- 5.1.2. 1kV - 5kV
- 5.1.3. 6kV - 15kV
- 5.1.4. 17kV - 27kV
- 5.1.5. 28kV - 40kV
- 5.2. Market Attractiveness Analysis, by Voltage Range
6. Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Analysis, by Components
- 6.1. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Components, 2017-2031
- 6.1.1. Circuit Breaker
- 6.1.2. Relays
- 6.1.3. Bus Bars and Switches
- 6.1.4. Others (Enclosure, Isolators, Fuses)
- 6.2. Market Attractiveness Analysis, by Components
7. Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Analysis, by Insulation
- 7.1. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Insulation, 2017-2031
- 7.1.1. Air Insulated Switchgear
- 7.1.2. Gas Insulated Switchgear
- 7.1.3. Others (Oil and Solid)Others (Enclosure, Isolators, Fuses)
- 7.2. Market Attractiveness Analysis, by Insulation
8. Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Analysis, by Installation
- 8.1. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by Installation, 2017-2031
- 8.1.1. Indoor
- 8.1.2. Outdoor
- 8.2. Market Attractiveness Analysis, by Installation
9. Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Analysis, by End-use Industry
- 9.1. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
- 9.1.1. Automotive
- 9.1.2. IT and Telecommunication
- 9.1.3. Energy & Utility
- 9.1.4. Metals & Mining
- 9.1.5. Food & Beverage
- 9.1.6. Chemicals
- 9.1.7. Oil & Gas
- 9.1.8. Building & Construction
- 9.1.9. Others (Water & Waste Water, Textile, etc.)
- 9.2. Market Attractiveness Analysis, by End-use Industry
10. Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Analysis and Forecast, by Region
- 10.1. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Region, 2017-2031
- 10.1.1. North America
- 10.1.2. Europe
- 10.1.3. Asia Pacific
- 10.1.4. Middle East & Africa
- 10.1.5. South America
- 10.2. Market Attractiveness Analysis, by Region
11. North America Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Analysis and Forecast
- 11.1. Market Snapshot
- 11.2. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Voltage Range, 2017-2031
- 11.2.1. Less than 1kV
- 11.2.2. 1kV - 5kV
- 11.2.3. 6kV - 15kV
- 11.2.4. 17kV - 27kV
- 11.2.5. 28kV - 40kV
- 11.3. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Components, 2017-2031
- 11.3.1. Circuit Breaker
- 11.3.2. Relays
- 11.3.3. Bus Bars and Switches
- 11.3.4. Others (Enclosure, Isolators, Fuses)
- 11.4. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Insulation, 2017-2031
- 11.4.1. Air Insulated Switchgear
- 11.4.2. Gas Insulated Switchgear
- 11.4.3. Others (Oil and Solid)Others (Enclosure, Isolators, Fuses)
- 11.5. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by Installation, 2017-2031
- 11.5.1. Indoor
- 11.5.2. Outdoor
- 11.6. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
- 11.6.1. Automotive
- 11.6.2. IT and Telecommunication
- 11.6.3. Energy & Utility
- 11.6.4. Metals & Mining
- 11.6.5. Food & Beverage
- 11.6.6. Chemicals
- 11.6.7. Oil & Gas
- 11.6.8. Building & Construction
- 11.6.9. Others (Water & Waste Water, Textile, etc.)
- 11.7. Low Voltage (LV) and Medium Voltage (MV) Switchgear Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country/Sub-region and Sub-region, 2017-2031
- 11.7.1. The U.S.
- 11.7.2. Canada
- 11.7.3. Rest of North America
- 11.8. Market Attractiveness Analysis
- 11.8.1. By Voltage Range
- 11.8.2. By Components
- 11.8.3. By Insulation
- 11.8.4. By Installation
- 11.8.5. By End-use Industry
- 11.8.6. By Country/Sub-region/Sub-region
12. Europe Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Analysis and Forecast
- 12.1. Market Snapshot
- 12.2. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Voltage Range, 2017-2031
- 12.2.1. Less than 1kV
- 12.2.2. 1kV - 5kV
- 12.2.3. 6kV - 15kV
- 12.2.4. 17kV - 27kV
- 12.2.5. 28kV - 40kV
- 12.3. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Components, 2017-2031
- 12.3.1. Circuit Breaker
- 12.3.2. Relays
- 12.3.3. Bus Bars and Switches
- 12.3.4. Others (Enclosure, Isolators, Fuses)
- 12.4. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Insulation, 2017-2031
- 12.4.1. Air Insulated Switchgear
- 12.4.2. Gas Insulated Switchgear
- 12.4.3. Others (Oil and Solid)Others (Enclosure, Isolators, Fuses)
- 12.5. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by Installation, 2017-2031
- 12.5.1. Indoor
- 12.5.2. Outdoor
- 12.6. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
- 12.6.1. Automotive
- 12.6.2. IT and Telecommunication
- 12.6.3. Energy & Utility
- 12.6.4. Metals & Mining
- 12.6.5. Food & Beverage
- 12.6.6. Chemicals
- 12.6.7. Oil & Gas
- 12.6.8. Building & Construction
- 12.6.9. Others (Water & Waste Water, Textile, etc.)
- 12.7. Low Voltage (LV) and Medium Voltage (MV) Switchgear Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country/Sub-region and Sub-region, 2017-2031
- 12.7.1. The U.K.
- 12.7.2. Germany
- 12.7.3. France
- 12.7.4. Rest of Europe
- 12.8. Market Attractiveness Analysis
- 12.8.1. By Voltage Range
- 12.8.2. By Components
- 12.8.3. By Insulation
- 12.8.4. By Installation
- 12.8.5. By End-use Industry
- 12.8.6. By Country/Sub-region/Sub-region
13. Asia Pacific Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Analysis and Forecast
- 13.1. Market Snapshot
- 13.2. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Voltage Range, 2017-2031
- 13.2.1. Less than 1kV
- 13.2.2. 1kV - 5kV
- 13.2.3. 6kV - 15kV
- 13.2.4. 17kV - 27kV
- 13.2.5. 28kV - 40kV
- 13.3. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Components, 2017-2031
- 13.3.1. Circuit Breaker
- 13.3.2. Relays
- 13.3.3. Bus Bars and Switches
- 13.3.4. Others (Enclosure, Isolators, Fuses)
- 13.4. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Insulation, 2017-2031
- 13.4.1. Air Insulated Switchgear
- 13.4.2. Gas Insulated Switchgear
- 13.4.3. Others (Oil and Solid)Others (Enclosure, Isolators, Fuses)
- 13.5. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by Installation, 2017-2031
- 13.5.1. Indoor
- 13.5.2. Outdoor
- 13.6. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
- 13.6.1. Automotive
- 13.6.2. IT and Telecommunication
- 13.6.3. Energy & Utility
- 13.6.4. Metals & Mining
- 13.6.5. Food & Beverage
- 13.6.6. Chemicals
- 13.6.7. Oil & Gas
- 13.6.8. Building & Construction
- 13.6.9. Others (Water & Waste Water, Textile, etc.)
- 13.7. Low Voltage (LV) and Medium Voltage (MV) Switchgear Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country/Sub-region and Sub-region, 2017-2031
- 13.7.1. China
- 13.7.2. India
- 13.7.3. Japan
- 13.7.4. South Korea
- 13.7.5. ASEAN
- 13.7.6. Rest of Asia Pacific
- 13.8. Market Attractiveness Analysis
- 13.8.1. By Voltage Range
- 13.8.2. By Components
- 13.8.3. By Insulation
- 13.8.4. By Installation
- 13.8.5. By End-use Industry
- 13.8.6. By Country/Sub-region/Sub-region
14. Middle East & Africa Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Analysis and Forecast
- 14.1. Market Snapshot
- 14.2. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Voltage Range, 2017-2031
- 14.2.1. Less than 1kV
- 14.2.2. 1kV - 5kV
- 14.2.3. 6kV - 15kV
- 14.2.4. 17kV - 27kV
- 14.2.5. 28kV - 40kV
- 14.3. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Components, 2017-2031
- 14.3.1. Circuit Breaker
- 14.3.2. Relays
- 14.3.3. Bus Bars and Switches
- 14.3.4. Others (Enclosure, Isolators, Fuses)
- 14.4. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Insulation, 2017-2031
- 14.4.1. Air Insulated Switchgear
- 14.4.2. Gas Insulated Switchgear
- 14.4.3. Others (Oil and Solid)Others (Enclosure, Isolators, Fuses)
- 14.5. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by Installation, 2017-2031
- 14.5.1. Indoor
- 14.5.2. Outdoor
- 14.6. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
- 14.6.1. Automotive
- 14.6.2. IT and Telecommunication
- 14.6.3. Energy & Utility
- 14.6.4. Metals & Mining
- 14.6.5. Food & Beverage
- 14.6.6. Chemicals
- 14.6.7. Oil & Gas
- 14.6.8. Building & Construction
- 14.6.9. Others (Water & Waste Water, Textile, etc.)
- 14.7. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country/Sub-region and Sub-region, 2017-2031
- 14.7.1. GCC
- 14.7.2. South Africa
- 14.7.3. Rest of Middle East and Africa
- 14.8. Market Attractiveness Analysis
- 14.8.1. By Voltage Range
- 14.8.2. By Components
- 14.8.3. By Insulation
- 14.8.4. By Installation
- 14.8.5. By End-use Industry
- 14.8.6. By Country/Sub-region/Sub-region
15. South America Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Analysis and Forecast
- 15.1. Market Snapshot
- 15.2. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Voltage Range, 2017-2031
- 15.2.1. Less than 1kV
- 15.2.2. 1kV - 5kV
- 15.2.3. 6kV - 15kV
- 15.2.4. 17kV - 27kV
- 15.2.5. 28kV - 40kV
- 15.3. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Components, 2017-2031
- 15.3.1. Circuit Breaker
- 15.3.2. Relays
- 15.3.3. Bus Bars and Switches
- 15.3.4. Others (Enclosure, Isolators, Fuses)
- 15.4. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Insulation, 2017-2031
- 15.4.1. Air Insulated Switchgear
- 15.4.2. Gas Insulated Switchgear
- 15.4.3. Others (Oil and Solid)Others (Enclosure, Isolators, Fuses)
- 15.5. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by Installation, 2017-2031
- 15.5.1. Indoor
- 15.5.2. Outdoor
- 15.6. Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Value (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
- 15.6.1. Automotive
- 15.6.2. IT and Telecommunication
- 15.6.3. Energy & Utility
- 15.6.4. Metals & Mining
- 15.6.5. Food & Beverage
- 15.6.6. Chemicals
- 15.6.7. Oil & Gas
- 15.6.8. Building & Construction
- 15.6.9. Others (Water & Waste Water, Textile, etc.)
- 15.7. Low Voltage (LV) and Medium Voltage (MV) Switchgear Value (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country/Sub-region and Sub-region, 2017-2031
- 15.7.1. Brazil
- 15.7.2. Rest of South America
- 15.8. Market Attractiveness Analysis
- 15.8.1. By Voltage Range
- 15.8.2. By Components
- 15.8.3. By Insulation
- 15.8.4. By Installation
- 15.8.5. By End-use Industry
- 15.8.6. By Country/Sub-region/Sub-region
16. Competition Assessment
- 16.1. Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Competition Matrix - a Dashboard View
- 16.1.1. Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Company Share Analysis, by Value (2021)
- 16.1.2. Technological Differentiator
17. Company Profiles (Global Manufacturers/Suppliers)
- 17.1. ABB
- 17.1.1. Overview
- 17.1.2. Product Portfolio
- 17.1.3. Sales Footprint
- 17.1.4. Key Subsidiaries or Distributors
- 17.1.5. Strategy and Recent Developments
- 17.1.6. Key Financials
- 17.2. CG Power & Industrial Solutions Ltd.
- 17.2.1. Overview
- 17.2.2. Product Portfolio
- 17.2.3. Sales Footprint
- 17.2.4. Key Subsidiaries or Distributors
- 17.2.5. Strategy and Recent Developments
- 17.2.6. Key Financials
- 17.3. Eaton Corporation plc.
- 17.3.1. Overview
- 17.3.2. Product Portfolio
- 17.3.3. Sales Footprint
- 17.3.4. Key Subsidiaries or Distributors
- 17.3.5. Strategy and Recent Developments
- 17.3.6. Key Financials
- 17.4. Efacec
- 17.4.1. Overview
- 17.4.2. Product Portfolio
- 17.4.3. Sales Footprint
- 17.4.4. Key Subsidiaries or Distributors
- 17.4.5. Strategy and Recent Developments
- 17.4.6. Key Financials
- 17.5. Fuji Electric Co., Ltd.
- 17.5.1. Overview
- 17.5.2. Product Portfolio
- 17.5.3. Sales Footprint
- 17.5.4. Key Subsidiaries or Distributors
- 17.5.5. Strategy and Recent Developments
- 17.5.6. Key Financials
- 17.6. General Electric
- 17.6.1. Overview
- 17.6.2. Product Portfolio
- 17.6.3. Sales Footprint
- 17.6.4. Key Subsidiaries or Distributors
- 17.6.5. Strategy and Recent Developments
- 17.6.6. Key Financials
- 17.7. Hyosung Heavy Industries
- 17.7.1. Overview
- 17.7.2. Product Portfolio
- 17.7.3. Sales Footprint
- 17.7.4. Key Subsidiaries or Distributors
- 17.7.5. Strategy and Recent Developments
- 17.7.6. Key Financials
- 17.8. Powell Industries Inc.
- 17.8.1. Overview
- 17.8.2. Product Portfolio
- 17.8.3. Sales Footprint
- 17.8.4. Key Subsidiaries or Distributors
- 17.8.5. Strategy and Recent Developments
- 17.8.6. Key Financials
- 17.9. Siemens AG
- 17.9.1. Overview
- 17.9.2. Product Portfolio
- 17.9.3. Sales Footprint
- 17.9.4. Key Subsidiaries or Distributors
- 17.9.5. Strategy and Recent Developments
- 17.9.6. Key Financials
- 17.10. Schneider Electric SE
- 17.10.1. Overview
- 17.10.2. Product Portfolio
- 17.10.3. Sales Footprint
- 17.10.4. Key Subsidiaries or Distributors
- 17.10.5. Strategy and Recent Developments
- 17.10.6. Key Financials
- 17.11. Mitsubishi Electric Corporation
- 17.11.1. Overview
- 17.11.2. Product Portfolio
- 17.11.3. Sales Footprint
- 17.11.4. Key Subsidiaries or Distributors
- 17.11.5. Strategy and Recent Developments
- 17.11.6. Key Financials
- 17.12. BHEL
- 17.12.1. Overview
- 17.12.2. Product Portfolio
- 17.12.3. Sales Footprint
- 17.12.4. Key Subsidiaries or Distributors
- 17.12.5. Strategy and Recent Developments
- 17.12.6. Key Financials
- 17.13. Regal Rexnord Corporation
- 17.13.1. Overview
- 17.13.2. Product Portfolio
- 17.13.3. Sales Footprint
- 17.13.4. Key Subsidiaries or Distributors
- 17.13.5. Strategy and Recent Developments
- 17.13.6. Key Financials
18. Recommendation
- 18.1. Opportunity Assessment
- 18.1.1. By Voltage Range
- 18.1.2. By Components
- 18.1.3. By Insulation
- 18.1.4. By Installation
- 18.1.5. By End-use Industry
- 18.1.6. By Region