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Published Date: 2014-12-30Number of Pages: 174

LV and MV Switchgear Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020


This report provides strategic analysis of the global LV and MV switchgear market. The scope of the report includes competitive analysis of various market segments based on the product standards, components, voltage ranges, insulation, applications and in-depth cross sectional scrutiny of the LV and MV switchgear market across different geographic segments. 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 LV and MV switchgear market. Increasing adaptation of smart grid technology in power sector of both developed and developing countries will fuel the growth of LV and MV switchgear market during the forecast period 2014 to 2020. Rapid electrification in rural and urban areas of Asia Pacific and African countries has triggered the growth of LV and MV switchgear market. In developed market, renewal of old and faulty transmission and distribution network has estimated to boost the demand for LV and MV switchgear market during the forecast period. Increasing demand for integration of renewable energy sources in power sectors has positively impacted the demand for MV switchgears that are being used for safety and protection of electric transmission and distribution network. Installation of new electrical substations in power, utilities and oil and gas sectors is driving the demand for LV and MV switchgear in Middle East. However, bottom line growth of switchgear manufacturers has been negatively affected due to increase in extent of price-based competition in LV and MV switchgear manufacturer.

To aid in strategic decision making, the report also includes competitive profiling of leading players in the industry and their market share in different geographic regions (North America, Europe, Asia Pacific and Rest of the World). Moreover, various business strategies adopted by leading players has also been discussed in the report. The market attractiveness analysis and Porter’s Five Forces analysis included in the report provide insight into market dynamics and industry competition.

The report also provides breakdown and review of various factors impacting the market growth, which are appropriately described as market drivers, restraints, and opportunities. These factors determine various existing trends and their impact on market growth. Overall, the report includes a holistic analysis of the global LV and MV switchgear market, and provides an estimate of growth for the period 2014 to 2020, keeping in mind the various factors affecting the market. 

The report segments the global LV and MV switchgear market as:

LV and MV switchgear market, by product standards:
  • LV and MV switchgears follow IEC (International Electrotechnical Commission) standards
  • LV and MV switchgears follow ANSI (American National Standards Institute) standards
  • LV and MV switchgears that follow other (JIS, NEMA and GOST) standards
LV and MV switchgear market, by Application:
  • Power plants
  • Oil & Gas Industry
  • Petrochemical industry
  • Pulp and paper industry
  • Utilities sector
LV and MV switchgear market, by Voltages:
  • Less than 1kV
  • 1kV - 5kV
  • 6kV - 15kV
  • 16kV - 27kV
  • 28kV - 38kV
LV and MV switchgear market, by Components:
  • Circuit Breaker
  • Relays
  • Others (Enclosure, Fuses, Bus Bars and Switches)
LV and MV switchgear market, by Insulation:
  • Air
  • Gas
  • Others (oil and solid)
LV and MV switchgear market, by geography: The market is segmented on the basis of geography into North America, Europe, Asia Pacific and Rest of the World (RoW).
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (Latin America, Middle East and Africa)


Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology

Chapter 2 Executive Summary

Chapter 3 Market Overview
3.1 Introduction
3.2 Value chain analysis
     3.2.1 Raw material (copper, silver, steel and other metallic components)
     3.2.2 Standard components providers
     3.2.3 Special component suppliers
     3.2.4 Manufacturers and suppliers
     3.2.5 System integrators and distributors
     3.2.6 End Users
3.3 Market Dynamics
     3.3.1 Market Drivers
             3.3.1.1 Growth of Industrial and Construction Sector in Emerging Markets
             3.3.1.2 Increase in Electrification and Advent of Smart Grid Technology in Emerging Countries
             3.3.1.3 Renewal of Age Old Transmission and Distribution Networks
     3.3.2 Market Restraints
             3.3.2.1 Increase in Price-based Competition
             3.3.2.2 Counterfeits of Switchgear and its Components
     3.3.3 Market opportunities
             3.3.3.1 Untapped Market
             3.3.3.2 Increase in Demand for Renewable Energy Across Different Industry Verticals
3.4 LV and MV Switchgear Market – Porter’s Five Forces Analysis
     3.4.1 Bargaining power of suppliers
     3.4.2 Bargaining power of buyers
     3.4.3 Threat from substitutes
     3.4.4 Threat of new entrants
     3.4.5 Competitive rivalry
3.5 Global LV and MV switchgear market: Market attractiveness analysis
3.6 Global LV and MV switchgear market: Company market share analysis
     3.6.1 North America LV and MV switchgear market: Company market share analysis
     3.6.2 Europe LV and MV switchgear market: Company market share analysis
     3.6.3 Asia Pacific LV and MV switchgear market: Company market share analysis
     3.6.4 RoW (South America, Middle East and Africa) LV and MV switchgear market: Company market share analysis

Chapter 4 Global LV and MV Switchgear market by Voltages 2014 – 2020 (Revenue and Volume)
4.1 Introduction
4.2 Less than 1kV
     4.2.1 Less than 1kV LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
4.3 1kV - 5kV
     4.3.1 1kV to 5 kV LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
4.4 6kV - 15kV
     4.4.1 6kV to 15 kV LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
4.5 16kV - 27kV
     4.5.1 16kV to 27 kV LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
4.6 28kV - 38kV
     4.6.1 28kV to 38 kV LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units

Chapter 5 Global LV and MV Switchgear market by Product Standards 2014 – 2020 (Revenue and Volume)
5.1 Introduction
5.2 ANSI Switchgear
     5.2.1 ANSI standardized LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
5.3 IEC Switchgear
     5.3.1 IEC standardized LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
5.4 Others (JIS, NEMA and GOST)
     5.4.1 Other (JIS, NEMA and GOST) standardized LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)

Chapter 6 Global LV and MV Switchgear market by Applications 2014 – 2020 (Revenue and Volume)
6.1 Introduction
6.2 Power Plants
     6.2.1 LV and MV switchgear (application in power plants) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
6.3 Oil & Gas and Petrochemical industry
     6.3.1 LV and MV switchgear (application in oil & gas and petrochemical industry) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
6.4 Pulp and paper industry
     6.4.1 LV and MV switchgear (application in pulp and paper industry) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
6.5 Utilities sector
     6.5.1 LV and MV switchgear (application in utilities sector) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)

Chapter 7 Global LV and MV Switchgear market by Components 2014 – 2020 (Revenue and Volume)
7.1 Introduction
7.2 Circuit Breaker
     7.2.1 LV and MV switchgear (by circuit breakers component) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
7.3 Relays
     7.3.1 LV and MV switchgear (by relays component) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
7.4 Others (Enclosure, Fuses, Bus Bars and Switches)
     7.4.1 LV and MV switchgear (by others component) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)

Chapter 8 Global LV and MV Switchgear market by Insulation 2014 – 2020 (Revenue and Volume)
8.1 Introduction
8.2 Air Insulated Switchgears
     8.2.1 Air Insulated LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
8.3 Gas Insulated Switchgears
     8.3.1 Gas Insulated LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
8.4 Others (Oil and solid)
     8.4.1 Others (oil and solid) insulated LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)

Chapter 9 Global LV and MV Switchgear Market by Geography 2014 – 2020 (Revenue and Volume)
9.1 Introduction
     9.1.1 Global LV and MV switchgear market revenue share, by geography, 2013 and 2020 (%)
     9.1.2 Global LV and MV switchgear market volume share, by geography, 2013 and 2020 (%)
9.2 North America
     9.2.1 North America LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand unit)
     9.2.2 North America LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.2.3 North America LV and MV switchgear market revenue, volume and forecast, by products standards, 2013 – 2020 (USD billion and Thousand Units)
     9.2.4 North America LV and MV switchgear market revenue, volume and forecast, by Application, 2013 – 2020 (USD billion and Thousand Units)
     9.2.5 North America LV and MV switchgear market revenue, volume and forecast, by voltages, 2013 – 2020 (USD billion and Thousand Units)
     9.2.6 North America LV and MV switchgear market revenue, volume and forecast, by components, 2013 – 2020 (USD billion and Thousand Units)
     9.2.7 North America LV and MV switchgear market revenue, volume and forecast, by insulation, 2013 – 2020 (USD billion and Thousand Units)
     9.2.8 U.S. LV and MV switchgears market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.2.9 U.S. LV and MV switchgears market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.2.10 Canada LV and MV switchgears market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.2.11 Canada LV and MV switchgears market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.2.12 Mexico LV and MV switchgears market revenue, value and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.2.13 Mexico LV and MV switchgears market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
9.3 Europe
     9.3.1 Europe LV and MV switchgears market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.3.2 Europe LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.3.3 Europe LV and MV switchgear market revenue, volume and forecast, by product standards, 2013 – 2020 (USD billion and Thousand Units)
     9.3.4 Europe LV and MV switchgear market revenue, volume and forecast, by applications, 2013 – 2020 (USD billion and Thousand units)
     9.3.5 Europe LV and MV switchgear market revenue, volume and forecast, by voltages, 2013 – 2020 (USD billion and Thousand units)
     9.3.6 Europe LV and MV switchgear market revenue, volume and forecast, by components, 2013 – 2020 (USD billion and Thousand units)
     9.3.7 Europe LV and MV switchgear market revenue, volume and forecast, by insulation, 2013 – 2020 (USD billion and Thousand units)
     9.3.8 U.K. LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.3.9 U.K. LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.3.10 Russia LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand Units)
     9.3.11 Russia LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.3.12 France LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.3.13 France LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.3.14 Italy LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand Units)
     9.3.15 Italy LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.3.16 Germany LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand Units)
     9.3.17 Germany LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.3.18 Rest of Europe LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.3.19 Rest of Europe LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand Units)
9.4 Asia Pacific
     9.4.1 Asia Pacific LV and MV switchgears market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand Units)
     9.4.2 Asia Pacific LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.3 Asia Pacific LV and MV switchgear market revenue, volume and forecast, by product standards, 2013 – 2020 (USD billion and Thousand units)
     9.4.4 Asia Pacific LV and MV switchgear market revenue, volume and forecast, by applications, 2013 – 2020 (USD billion and Thousand units)
     9.4.5 Asia Pacific LV and MV switchgear market revenue, volume and forecast, by voltages, 2013 – 2020 (USD billion and Thousand units)
     9.4.6 Asia Pacific LV and MV switchgear market revenue, volume and forecast, by components, 2013 – 2020 (USD billion and Thousand units)
     9.4.7 Asia Pacific LV and MV switchgear market revenue, volume and forecast, by insulation, 2013 – 2020 (USD billion and Thousand units)
     9.4.8 China LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.9 China LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.10 India LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.11 India LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.12 Japan LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand Units)
     9.4.13 Japan LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.14 Australia LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.15 Australia LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.16 South Korea LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.17 South Korea LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.18 Indonesia LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.19 Indonesia LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.20 Rest of Asia Pacific LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.4.21 Rest of Asia Pacific LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
9.5 Rest of the World (RoW)
     9.5.1 Rest of the World (RoW) LV and MV switchgears market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.5.2 Rest of the World (RoW) LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.5.3 Rest of the World (RoW) LV and MV switchgear market revenue, volume and forecast, by product standards, 2013 – 2020 (USD billion and Thousand units)
     9.5.4 Rest of the World (RoW) LV and MV switchgear market revenue, volume and forecast, by applications, 2013 – 2020 (USD billion and Thousand units)
     9.5.5 Rest of the World (RoW) LV and MV switchgear market revenue, volume and forecast, by voltages, 2013 – 2020 (USD billion and Thousand units)
     9.5.6 Rest of the World (RoW) LV and MV switchgear market revenue, volume and forecast, by components, 2013 – 2020 (USD billion and Thousand units)
     9.5.7 Rest of the World (RoW) LV and MV switchgear market revenue, volume and forecast, by insulation, 2013 – 2020 (USD billion and Thousand units)
     9.5.8 South America LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.5.9 South America LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.5.10 Middle East LV and MV switchgear market revenue and forecast, 2013 – 2020 (USD billion and Thousand units)
     9.5.11 Middle East LV and MV switchgear market revenue and forecast, 2013 – 2020 (USD billion and Thousand Units)
     9.5.12 Africa LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand Units)
     9.5.13 Africa LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)

Chapter 10 Company Profiles
10.1 ABB Ltd.
     10.1.1 Company overview
     10.1.2 Financial overview
     10.1.3 Business strategies
     10.1.4 Recent developments
10.2 Alstom SA
     10.2.1 Company overview
     10.2.2 Financial overview
     10.2.3 Business strategies
     10.2.4 Recent developments
10.3 Powell Industries, Inc.
     10.3.1 Company overview
     10.3.2 Financial overview
     10.3.3 Business strategies
     10.3.4 Recent developments
10.4 Siemens AG
     10.4.1 Company overview
     10.4.2 Financial overview
     10.4.3 Business strategies
     10.4.4 Recent developments
10.5 Schneider Electric SE
     10.5.1 Company overview
     10.5.2 Financial overview
     10.5.3 Business strategies
     10.5.4 Recent developments
10.6 Bharat Heavy Electricals Limited
     10.6.1 Company overview
     10.6.2 Financial overview
     10.6.3 Business strategies
     10.6.4 Recent developments
10.7 Crompton Greaves Limited
     10.7.1 Company overview
     10.7.2 Financial overview
     10.7.3 Business strategies
     10.7.4 Recent developments
10.8 Eaton Corp Plc
     10.8.1 Company overview
     10.8.2 Financial overview
     10.8.3 Business strategies
     10.8.4 Recent developments
10.9 Hyosung Corp
     10.9.1 Company overview
     10.9.2 Financial overview
     10.9.3 Business strategies
     10.9.4 Recent developments
10.10 Mitsubishi Electric Corporation
     10.10.1 Company overview
     10.10.2 Financial overview
     10.10.3 Business strategies
     10.10.4 Recent developments
10.11 General Electric Company
     10.11.1 Company overview
     10.11.2 Financial overview
     10.11.3 Business strategies
     10.11.4 Recent developments
10.12 OJSC Power Machines
     10.12.1 Company overview
     10.12.2 Financial overview
     10.12.3 Business strategies
     10.12.4 Recent developments

List of Figures 

FIG. 1 Value chain analysis for LV and MV switchgear market
FIG. 2 Porter’s five forces analysis for LV and MV switchgear market
FIG. 3 Market attractiveness analysis, by application, 2013
FIG. 4 Market share by key LV and MV switchgear vendors, 2013 (Value %)
FIG. 5 Market share by key LV and MV switchgear vendors, 2013 (Value %)
FIG. 6 Market share by key LV and MV switchgear vendors, 2013 (Value %)
FIG. 7 Market share by key LV and MV switchgear vendors, 2013 (Value %)
FIG. 8 Global LV and MV switchgear market revenue share (%), by voltages, 2013 and 2020
FIG. 9 Global LV and MV switchgear market volume share (%), by voltages, 2013 – 2020 (%)
FIG. 10 Less than 1kV LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 11 1kV to 5 kV LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 12 6kV to 15 kV LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 13 16kV to 27 kV LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 14 28kV to 38 kV LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 15 Global LV and MV switchgear market revenue share (%), by product standards, 2013 and 2020
FIG. 16 Global LV and MV switchgear market volume share (%), by product standards, 2013 – 2020 (%)
FIG. 17 ANSI standardized LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 18 IEC standardized LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 19 Other (JIS, NEMA and GOST) standardized LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 20 Global LV and MV switchgear market revenue share (%), by applications, 2013 and 2020
FIG. 21 Global LV and MV switchgear market volume share (%), by applications, 2013 – 2020 (%)
FIG. 22 LV and MV switchgear (application in power plants) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 23 LV and MV switchgear (application in oil & gas and petrochemical industry) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 24 LV and MV switchgear (application in pulp and paper industry) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 25 LV and MV switchgear (application in utilities sector) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 26 Global LV and MV switchgear market revenue share (%), by components, 2013 and 2020
FIG. 27 Global LV and MV switchgear market volume share (%), by components, 2013 and 2020 (%)
FIG. 28 LV and MV switchgear (by circuit breakers component) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 29 LV and MV switchgear (by relays component) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 30 LV and MV switchgear (by others component) market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 31 Global LV and MV switchgear market revenue share (%), by insulation, 2013 and 2020
FIG. 32 Global LV and MV switchgear market volume share (%), by insulation, 2013 Vs 2020 (%)
FIG. 33 Air Insulated LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 34 Gas Insulated LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 35 Others (oil and solid) insulated LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 36 Global LV and MV switchgear market revenue share, by geography, 2013 – 2020 (%)
FIG. 37 Global LV and MV switchgear market volume share, by geography, 2013 and 2020 (%)
FIG. 38 North America LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 39 U.S. LV and MV switchgears market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 40 Canada LV and MV switchgears market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 41 Mexico LV and MV switchgears market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 42 Europe LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 43 U.K. LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 44 Russia LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 45 France LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 46 Italy LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 47 Germany LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 48 Rest of Europe LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 49 Asia Pacific LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 50 China LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 51 India LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 52 Japan LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 53 Australia LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 54 South Korea LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 55 Indonesia LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 56 Rest of Asia Pacific LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 57 Rest of the World (RoW) LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 58 South America LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 59 Middle East LV and MV switchgear market revenue and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 60 Africa LV and MV switchgear market revenue, volume and forecast, 2013 – 2020 (USD billion and Thousand units)
FIG. 61 ABB Ltd. Annual Revenue, 2011 – 2013 (USD billion)
FIG. 62 Alstom SA Annual Revenue, 2011 – 2013 (USD billion)
FIG. 63 Powell Industries, Inc. Annual Revenue, 2011 – 2013 (USD billion)
FIG. 64 Siemens AG annual revenue, 2011 – 2013 (USD billion)
FIG. 65 Schneider Electric SE annual revenue, 2011 – 2013 (USD million)
FIG. 66 Bharat Heavy Electricals Limited annual revenue, 2011 – 2013 (USD billion)
FIG. 67 Crompton Greaves Limited annual revenue, 2011 – 2013 (USD billion)
FIG. 68 Eaton Corp Plc annual revenue, 2011 – 2013 (USD billion)
FIG. 69 Hyosung Corporation annual revenue, 2011 – 2013 (USD billion)
FIG. 70 Mitsubishi Electric Corporation annual revenue, 2011 – 2013 (USD billion)
FIG. 71 General Electric Company annual revenue, 2011 – 2013 (USD billion)
FIG. 72 OJSC Power Machines annual revenue, 2011 – 2013 (USD billion)

List of Tables

TABLE 1 Global LV and MV switchgear market snapshot (revenue), 2013 and 2020
TABLE 2 Global LV and MV switchgear market snapshot (volume), 2013 and 2020
TABLE 3 Drivers of the LV and MV Switchgear Market: Impact Analysis
TABLE 4 Restraints of the LV and MV Switchgear Market: Impact Analysis
TABLE 5 North America LV and MV switchgear market revenue and forecast, by products standards, 2013 – 2020 (USD billion)
TABLE 6 North America LV and MV switchgear market volume and forecast, by products standards, 2013 – 2020 (Thousand units)
TABLE 7 North America LV and MV switchgear market revenue and forecast, by application, 2013 – 2020 (USD billion)
TABLE 8 North America LV and MV switchgear market volume and forecast, by application, 2013 – 2020 (Thousand units)
TABLE 9 North America LV and MV switchgear market revenue and forecast, by voltages, 2013 – 2020 (USD billion)
TABLE 10 North America LV and MV switchgear market volume and forecast, by voltages, 2013 – 2020 (Thousand units)
TABLE 11 North America LV and MV switchgear market revenue and forecast, by components, 2013 – 2020 (USD billion)
TABLE 12 North America LV and MV switchgear market volume and forecast, by components, 2013 – 2020 (Thousand units)
TABLE 13 North America LV and MV switchgear market revenue and forecast, by insulation, 2013 – 2020 (USD billion)
TABLE 14 North America LV and MV switchgear market volume and forecast, by insulation, 2013 – 2020 (Thousand units)
TABLE 15 Europe LV and MV switchgear market revenue and forecast, by products standards, 2013 – 2020 (USD billion)
TABLE 16 Europe LV and MV switchgear market volume and forecast, by products standards, 2013 – 2020 (Thousand units)
TABLE 17 Europe LV and MV switchgear market revenue and forecast, by application, 2013 – 2020 (USD billion)
TABLE 18 Europe  LV and MV switchgear market volume and forecast, by application, 2013 – 2020 (Thousand units)
TABLE 19 Europe LV and MV switchgear market revenue and forecast, by voltages, 2013 – 2020 (USD billion)
TABLE 20 Europe LV and MV switchgear market volume and forecast, by voltages, 2013 – 2020 (Thousand units)
TABLE 21 Europe LV and MV switchgear market revenue and forecast, by components, 2013 – 2020 (USD billion)
TABLE 22 Europe LV and MV switchgear market volume and forecast, by components, 2013 – 2020 (Thousand units)
TABLE 23 Europe LV and MV switchgear market revenue and forecast, by insulation, 2013 – 2020 (USD billion)
TABLE 24 Europe LV and MV switchgear market volume and forecast, by insulation, 2013 – 2020 (Thousand units)
TABLE 25 Asia Pacific LV and MV switchgear market revenue and forecast, by products standards, 2013 – 2020 (USD billion)
TABLE 26 Asia Pacific LV and MV switchgear market volume and forecast, by products standards, 2013 – 2020 (Thousand units)
TABLE 27 Asia Pacific LV and MV switchgear market revenue and forecast, by application, 2013 – 2020 (USD billion)
TABLE 28 Asia Pacific LV and MV switchgear market volume and forecast, by application, 2013 – 2020 (Thousand units)
TABLE 29 Asia Pacific LV and MV switchgear market revenue and forecast, by voltages, 2013 – 2020 (USD billion)
TABLE 30 Asia Pacific LV and MV switchgear market volume and forecast, by voltages, 2013 – 2020 (Thousand units)
TABLE 31 Asia Pacific LV and MV switchgear market revenue and forecast, by components, 2013 – 2020 (USD billion)
TABLE 32 Asia Pacific LV and MV switchgear market volume and forecast, by components, 2013 – 2020 (Thousand units)
TABLE 33 Asia Pacific LV and MV switchgear market revenue and forecast, by insulation, 2013 – 2020 (USD billion)
TABLE 34 Asia Pacific LV and MV switchgear market volume and forecast, by insulation, 2013 – 2020 (Thousand units)
TABLE 35 Rest of the World (RoW) LV and MV switchgear market revenue and forecast, by products standards, 2013 – 2020 (USD billion)
TABLE 36 Rest of the World (RoW) LV and MV switchgear market volume and forecast, by products standards, 2013 – 2020 (Thousand units)
TABLE 37 Rest of the World (RoW) LV and MV switchgear market revenue and forecast, by application, 2013 – 2020 (USD billion)
TABLE 38 Rest of the World (RoW) LV and MV switchgear market volume and forecast, by application, 2013 – 2020 (Thousand units)
TABLE 39 Rest of the World (RoW) LV and MV switchgear market revenue and forecast, by voltages, 2013 – 2020 (USD billion)
TABLE 40 Rest of the World (RoW) LV and MV switchgear market volume and forecast, by voltages, 2013 – 2020 (Thousand units)
TABLE 41 Rest of the World (RoW) LV and MV switchgear market revenue and forecast, by components, 2013 – 2020 (USD billion)
TABLE 42 Rest of the World (RoW) LV and MV switchgear market volume and forecast, by components, 2013 – 2020 (Thousand units)
TABLE 43 Rest of the World (RoW) LV and MV switchgear market revenue and forecast, by insulation, 2013 – 2020 (USD billion)
TABLE 44 Rest of the World (RoW) LV and MV switchgear market volume and forecast, by insulation, 2013 – 2020 (Thousand units)


Switchgears are the switching devices designed to protect, regulate and control power generation, transmission and distribution equipment and electric motor control systems. Switchgears are located on both the low-voltage and high-voltage side of large power transformers in substations. In terms of components, the global LV and MV switchgear market is bifurcated into three segments: circuit breakers, relays and others (enclosure, fuses, bus bars and switches). Maximum voltage rating for low voltage switchgear is 1.1 kV and medium voltage switchgears are offered under the voltage range of 3.3kV to 40 kV. Low voltage (LV) and medium voltage (MV) switchgear are used in different industry segments including power plants, oil & gas, pulp and paper, utilities sectors and mining among others. 

Growing demand for safety and protection in electric transmission and distribution in industrial infrastructure and construction sectors in developing nations has triggered the demand for LV and MV switchgear. Moreover, rapid electrification and advent of smart grid technology in emerging countries have also positively impacted the growth of LV and MV switchgear market. In addition, renewal of old and faulty transmission and distribution networks in developed country will also drive the growth of LV and MV switchgear market during the forecast period from 2014 to 2020. Increasing demand for renewable energy sources in power sector is estimated to have positive impact on growth of MV switchgear market during the forecast period.

The global LV and MV switchgear market has been segmented into four broad regions: North America, Europe, Asia Pacific and RoW. Asia Pacific accounted for the largest market share in 2013, which is expected to see heavy investments during the forecast period from 2014 to 2020. Increasing electrification in rural and urban areas in countries from Asia Pacific has fuelled the growing demand for LV and MV switchgear market in that region. Moreover, increasing increase in installed capacity of transmission and distribution network in the power sector of India, China and other countries from Asia Pacific has also triggered the growth of LV and MV switchgear market. In Asia Pacific, increase in investment in electric transmission and distribution for commercial and residential real estate sector will also positively impact the growth of LV and MV switchgear market during the forecast period.

The global LV and MV switchgear market has been segmented by voltages ranges: less than 1kV to 38kV. Low voltage switchgears contributed largest share of total switchgear market in 2013. Wide applications of switchgears in the voltage range less than 1kV in both residential and commercial electrification projects, power plants and other industrial sector is the key factor behind the largest market share of LV switchgear. In terms of application, power plants are the largest contributor in LV and MV switchgear market. Demand for safety products related to electric transmission and distribution and modernization of electricity network in power plants are driving the application of LV and MV switchgear in power sector. Considering positive impact of growth drivers, power plants is anticipated to remain the top application sector for LV and MV switchgears during the forecast period.

Some of the leading players in the market are ABB Ltd. (Switzerland), Powell Industries Inc (U.S.), Siemens AG (Germany), Schneider Electric SE (France), Bharat Heavy Electricals Ltd. (India), Crompton Greaves Ltd. (India), Eaton Corp. (Ireland), Hyosung Corp.(South Korea), Mitsubishi Electric Corp.(Japan), GE Co. (U.S.) and OJSC Power Machines (Russia) among others.

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lv-mv-switchgear-industry


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