Product Code: VMR11218704
The global demand for Low Voltage (LV) and Medium Voltage (MV) Switchgear Market is presumed to reach the market size of nearly USD 87.34 BN by 2030 from USD 53.58 BN in 2022 with a CAGR of 6.3% under the study period of 2023 - 2030.
Low Voltage (LV) and Medium Voltage (MV) switchgear is a device that regulates the flow of electricity from one source to one or more loads. Low Voltage (LV) and Medium Voltage (MV) switchgear not only protect electrical equipment on both sides but also ensure proper voltage levels at all times. Low Voltage (LV) and Medium Voltage (MV) switchgear is a device that controls, automates, or protects electrical equipment. Low Voltage (LV) and Medium Voltage (MV) switchgear are used to manage the safety and reliability of networks to ensure a smooth flow of electric power.
MARKET DYNAMICS:
The growing demand for safety and protection regarding electric transmission and distribution in power, industrial infrastructure, real estate, utilities and construction sectors has fuelled the growth of the low voltage (LV) and medium voltage (MV) switchgear market. Also, an increase in electrification and adoption of smart grid technology in various parts of the world will likely boost demand for low voltage (LV) and medium voltage (MV) switchgear. Moreover, increasing the adaptation of smart grid technology in the power sector of both developed and developing countries will fuel market growth. Furthermore, the major factor expected to drive the global market is the increasing use of this device to make better decisions by using the real-time data offered.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of low voltage (lv) and medium voltage (mv) switchgear. The growth and trends of Low Voltage (LV) and Medium Voltage (MV) Switchgear Industry provide a holistic approach to this study.
MARKET SEGMENTATION:
This section of the low voltage (lv) and medium voltage (mv) switchgear market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Voltage Range
- Less Than 1KV
- 1KV - 5KV
- 6KV - 15KV
- 17KV - 27KV
- 28KV - 40KV
By Components
- Circuit Breaker
- Relays
- Bus Bars And Switches
- Others (Enclosure, Isolators, Fuses)
By Insulation
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Others (Oil And Solid)
By Installation
By End-Use Industry
- Automotive
- IT And Telecommunication
- Energy & Utility
- Metals & Mining
- Food & Beverages
- Chemicals
- Oil & Gas
- Building & Construction
- Others (Water & Waste Water, Textile, Etc.)
REGIONAL ANALYSIS:
This section covers the regional outlook, which accentuates current and future demand for the Low Voltage (LV) and Medium Voltage (MV) Switchgear market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the low voltage (lv) and medium voltage (mv) switchgear market include ABB, CG Power & Industrial Solutions Ltd., Eaton Corporation plc., Efacec, Fuji Electric Co., Ltd., General Electric, Hyosung Heavy Industries, Powell Industries Inc., Siemens AG, Schneider Electric SE, Mitsubishi Electric Corporation, BHEL, Regal Rexnord Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . LOW VOLTAGE (LV) AND MEDIUM VOLTAGE (MV) SWITCHGEAR - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Voltage Range
- 3.7.2 Market Attractiveness Analysis By Components
- 3.7.3 Market Attractiveness Analysis By Insulation
- 3.7.4 Market Attractiveness Analysis By Installation
- 3.7.5 Market Attractiveness Analysis By End-use Industry
- 3.7.6 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
6 . GLOBAL LOW VOLTAGE (LV) AND MEDIUM VOLTAGE (MV) SWITCHGEAR MARKET ANALYSIS BY VOLTAGE RANGE
- 6.1 Overview by Voltage Range
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Voltage Range
- 6.4 Less Than 1KV Historic and Forecast Sales by Regions
- 6.5 1KV - 5KV Historic and Forecast Sales by Regions
- 6.6 6KV - 15KV Historic and Forecast Sales by Regions
- 6.7 17KV - 27KV Historic and Forecast Sales by Regions
- 6.8 28KV - 40KV Historic and Forecast Sales by Regions
7 . GLOBAL LOW VOLTAGE (LV) AND MEDIUM VOLTAGE (MV) SWITCHGEAR MARKET ANALYSIS BY COMPONENTS
- 7.1 Overview by Components
- 7.2 Historical and Forecast Data
- 7.3 Analysis by Components
- 7.4 Circuit Breaker Historic and Forecast Sales by Regions
- 7.5 Relays Historic and Forecast Sales by Regions
- 7.6 Bus Bars And Switches Historic and Forecast Sales by Regions
- 7.7 Others (Enclosure, Isolators, Fuses) Historic and Forecast Sales by Regions
8 . GLOBAL LOW VOLTAGE (LV) AND MEDIUM VOLTAGE (MV) SWITCHGEAR MARKET ANALYSIS BY INSULATION
- 8.1 Overview by Insulation
- 8.2 Historical and Forecast Data
- 8.3 Analysis by Insulation
- 8.4 Air Insulated Switchgear Historic and Forecast Sales by Regions
- 8.5 Gas Insulated Switchgear Historic and Forecast Sales by Regions
- 8.6 Others (Oil And Solid) Historic and Forecast Sales by Regions
9 . GLOBAL LOW VOLTAGE (LV) AND MEDIUM VOLTAGE (MV) SWITCHGEAR MARKET ANALYSIS BY INSTALLATION
- 9.1 Overview by Installation
- 9.2 Historical and Forecast Data
- 9.3 Analysis by Installation
- 9.4 Indoor Historic and Forecast Sales by Regions
- 9.5 Outdoor Historic and Forecast Sales by Regions
10 . GLOBAL LOW VOLTAGE (LV) AND MEDIUM VOLTAGE (MV) SWITCHGEAR MARKET ANALYSIS BY END-USE INDUSTRY
- 10.1 Overview by End-use Industry
- 10.2 Historical and Forecast Data
- 10.3 Analysis by End-use Industry
- 10.4 Automotive Historic and Forecast Sales by Regions
- 10.5 IT And Telecommunication Historic and Forecast Sales by Regions
- 10.6 Energy & Utility Historic and Forecast Sales by Regions
- 10.7 Metals & Mining Historic and Forecast Sales by Regions
- 10.8 Food & Beverages Historic and Forecast Sales by Regions
- 10.9 Chemicals Historic and Forecast Sales by Regions
- 10.10. Oil & Gas Historic and Forecast Sales by Regions
- 10.11 Building & Construction Historic and Forecast Sales by Regions
- 10.12 Others (Water & Waste Water, Textile, etc.) Historic and Forecast Sales by Regions
11 . GLOBAL LOW VOLTAGE (LV) AND MEDIUM VOLTAGE (MV) SWITCHGEAR MARKET ANALYSIS BY GEOGRAPHY
- 11.1. Regional Outlook
- 11.2. Introduction
- 11.3. North America Sales Analysis
- 11.3.1. Overview, Historic and Forecast Data Sales Analysis
- 11.3.2. North America By Segment Sales Analysis
- 11.3.3. North America By Country Sales Analysis
- 11.3.4. United State Sales Analysis
- 11.3.5. Canada Sales Analysis
- 11.3.6. Mexico Sales Analysis
- 11.4. Europe Sales Analysis
- 11.4.1. Overview, Historic and Forecast Data Sales Analysis
- 11.4.2. Europe by Segment Sales Analysis
- 11.4.3. Europe by Country Sales Analysis
- 11.4.4. United Kingdom Sales Analysis
- 11.4.5. France Sales Analysis
- 11.4.6. Germany Sales Analysis
- 11.4.7. Italy Sales Analysis
- 11.4.8. Russia Sales Analysis
- 11.4.9. Rest Of Europe Sales Analysis
- 11.5. Asia Pacific Sales Analysis
- 11.5.1. Overview, Historic and Forecast Data Sales Analysis
- 11.5.2. Asia Pacific by Segment Sales Analysis
- 11.5.3. Asia Pacific by Country Sales Analysis
- 11.5.4. China Sales Analysis
- 11.5.5. India Sales Analysis
- 11.5.6. Japan Sales Analysis
- 11.5.7. South Korea Sales Analysis
- 11.5.8. Australia Sales Analysis
- 11.5.9. Rest Of Asia Pacific Sales Analysis
- 11.6. Latin America Sales Analysis
- 11.6.1. Overview, Historic and Forecast Data Sales Analysis
- 11.6.2. Latin America by Segment Sales Analysis
- 11.6.3. Latin America by Country Sales Analysis
- 11.6.4. Brazil Sales Analysis
- 11.6.5. Argentina Sales Analysis
- 11.6.6. Peru Sales Analysis
- 11.6.7. Chile Sales Analysis
- 11.6.8. Rest of Latin America Sales Analysis
- 11.7. Middle East & Africa Sales Analysis
- 11.7.1. Overview, Historic and Forecast Data Sales Analysis
- 11.7.2. Middle East & Africa by Segment Sales Analysis
- 11.7.3. Middle East & Africa by Country Sales Analysis
- 11.7.4. Saudi Arabia Sales Analysis
- 11.7.5. UAE Sales Analysis
- 11.7.6. Israel Sales Analysis
- 11.7.7. South Africa Sales Analysis
- 11.7.8. Rest Of Middle East And Africa Sales Analysis
12 . COMPETITIVE LANDSCAPE OF THE LOW VOLTAGE (LV) AND MEDIUM VOLTAGE (MV) SWITCHGEAR COMPANIES
- 12.1. Low Voltage (Lv) And Medium Voltage (Mv) Switchgear Market Competition
- 12.2. Partnership/Collaboration/Agreement
- 12.3. Merger And Acquisitions
- 12.4. New Product Launch
- 12.5. Other Developments
13 . COMPANY PROFILES OF LOW VOLTAGE (LV) AND MEDIUM VOLTAGE (MV) SWITCHGEAR INDUSTRY
- 13.1. Company Share Analysis
- 13.2. Market Concentration Rate
- 13.3. ABB
- 13.3.1. Company Overview
- 13.3.2. Company Revenue
- 13.3.3. Products
- 13.3.4. Recent Developments
- 13.4. CG Power & Industrial Solutions Ltd.
- 13.4.1. Company Overview
- 13.4.2. Company Revenue
- 13.4.3. Products
- 13.4.4. Recent Developments
- 13.5. Eaton Corporation plc.
- 13.5.1. Company Overview
- 13.5.2. Company Revenue
- 13.5.3. Products
- 13.5.4. Recent Developments
- 13.6. Efacec
- 13.6.1. Company Overview
- 13.6.2. Company Revenue
- 13.6.3. Products
- 13.6.4. Recent Developments
- 13.7. Fuji Electric Co. Ltd.
- 13.7.1. Company Overview
- 13.7.2. Company Revenue
- 13.7.3. Products
- 13.7.4. Recent Developments
- 13.8. General Electric
- 13.8.1. Company Overview
- 13.8.2. Company Revenue
- 13.8.3. Products
- 13.8.4. Recent Developments
- 13.9. Hyosung Heavy Industries
- 13.9.1. Company Overview
- 13.9.2. Company Revenue
- 13.9.3. Products
- 13.9.4. Recent Developments
- 13.10. Powell Industries Inc.
- 13.10.1. Company Overview
- 13.10.2. Company Revenue
- 13.10.3. Products
- 13.10.4. Recent Developments
- 13.11. Siemens AG
- 13.11.1. Company Overview
- 13.11.2. Company Revenue
- 13.11.3. Products
- 13.11.4. Recent Developments
- 13.12. Schneider Electric SE
- 13.12.1. Company Overview
- 13.12.2. Company Revenue
- 13.12.3. Products
- 13.12.4. Recent Developments
- 13.13. Mitsubishi Electric Corporation
- 13.13.1. Company Overview
- 13.13.2. Company Revenue
- 13.13.3. Products
- 13.13.4. Recent Developments
- 13.14. BHEL
- 13.14.1. Company Overview
- 13.14.2. Company Revenue
- 13.14.3. Products
- 13.14.4. Recent Developments
- 13.15. Regal Rexnord Corporation
- 13.15.1. Company Overview
- 13.15.2. Company Revenue
- 13.15.3. Products
- 13.15.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies