+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2016-07-26Number of Pages: 157

Low Voltage (LV) and Medium Voltage (MV) Switchgear Market (Product Standards - IEC (International Electro technical Commission) standards, ANSI (American National Standards Institute) standards; Application - Power plants, Oil & Gas and Petrochemical Industry, Pulp and paper industry, Utilities sector; Voltage Range - Less than 1kV, 1kV - 5kV, 6kV - 15kV, 16kV - 27kV, 28kV - 38kV; Components - Circuit Breaker, Relays; Insulation type - Air Insulated Switchgear, Gas Insulated Switchgear) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

The rapid development of industrial infrastructure and expansion witnessed in the construction sector, primarily in the emerging markets, are fuelling demand for low voltage (LV) and medium voltage (MV) switchgear. With governments proactively investing in urbanization and rural development, renewal of existing transmission and distribution networks is on the cards. This is expected to create attractive opportunities for the LV and MV switchgear market.

Transparency Market Research says that the global LV and MV switchgear market will exhibit a CAGR of 6.8% between 2016 and 2024. The market had a valuation of US$56.23 bn in 2015 and is expected to reach US$98.80 bn by the end of the forecast period. Growth witnessed by the market in developing countries such as Indonesia, India, and China in particular has been strong due to the accelerated electrification witnessed across these nations. 

The lack of adequate electrification has been inhibiting the growth of the industrial sector across emerging economies. To counter the situation, governments in India and China have adopted several approaches to improve grid connectivity in remote locations. A significant portion of the budget for such improvement plans has been allocated to urbanization, thus fuelling the deployment of smart grid technology. This subsequently translates into greater opportunities for sales of LV and MV switchgear in these countries.

In the last few years, the market has witnessed positive growth globally. However, intense price-based competition between established and local players has been creating bottlenecks for the market. Besides this, the easy availability of substitutes for switchgear might also hinder sales of LV and MV switchgear. Nevertheless, in the near future, several countries located in the African and Asian sub-continent are expected to provide lucrative opportunities for the market. Furthermore, the increasing demand for renewable energy will also bolster sales of LV and MV switchgear in the forthcoming years.

lv-mv-switchgear-market

Asia Pacific Held Over 40% of Global LV and MV Switchgear Market in 2015

Regionally, Asia Pacific led the global LV and MV switchgear market in 2015, holding a share of 41.5% in terms of value. The rising demand for electricity transmission and distribution products in the industrial and construction sectors will boost the sales of LV and MV switchgear in the region. The high demand for switchgear and increasing price-based competition will seal Asia Pacific’s position as the key region in the global LV and MV switchgear market.

In the same year North America emerged as the second-leading market for LV and MV switchgear. The region is currently witnessing increasing concerns related to greenhouse gas emissions, which has compelled North America to focus on renewable energy more than ever before. The increasing use of energy derived from renewable sources for electricity transmission and distribution in the region will fuel the demand for LV switchgear market in the near future.

Increasing Demand from Power and Utilities Sectors to Boost Sales of LV and MV Switchgear

The major application segments of the LV and MV switchgear market include the pulp and paper industry, utilities sector, power plant, oil and gas, and petrochemical industry. The increasing investments in the construction sector and industrial infrastructure have boosted the demand for switchgear from the power and utilities sector. In terms of revenue, power plants emerged as the key application segment holding a share of 39.8% in the market in 2015. In the same year, the utilities sector held the second largest share in the market.

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.

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 Rest of the World (Middle East and Africa, and Latin America) LV and MV switchgear market: Company market share analysis

Chapter 4 Global LV and MV Switchgear market by Voltages 2016 – 2024 (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, 2015 – 2024 (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, 2015 – 2024 (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, 2015 – 2024 (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, 2015 – 2024 (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, 2015 – 2024 (USD billion and Thousand units

Chapter 5 Global LV and MV Switchgear market by Product Standards 2016 – 2024 (Revenue and Volume)
5.1 Introduction
5.2 ANSI Switchgear
      5.2.1 ANSI standardized LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
5.3 IEC Switchgear
      5.3.1 IEC standardized LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (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, 2015 – 2024 (USD billion and Thousand units)

Chapter 6 Global LV and MV Switchgear market by Applications 2015 – 2024 (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, 2015 – 2024 (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, 2015 – 2024 (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, 2015 – 2024 (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, 2015 – 2024 (USD billion and Thousand units)

Chapter 7 Global LV and MV Switchgear market by Components 2016 – 2024 (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, 2015 – 2024 (USD billion and Thousand units)
7.3 Relays
      7.3.1 LV and MV switchgear (by relays component) market revenue, volume and forecast, 2015 – 2024 (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, 2015 – 2024 (USD billion and Thousand units)

Chapter 8 Global LV and MV Switchgear market by Insulation 2015 – 2024 (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, 2015 – 2024 (USD billion and Thousand units)
8.3 Gas Insulated Switchgears
      8.3.1 Gas Insulated LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (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, 2015 – 2024 (USD billion and Thousand units)

Chapter 9 Global LV and MV Switchgear Market by Geography 2016 – 2024 (Revenue and Volume)
9.1 Introduction
      9.1.1 Global LV and MV switchgear market revenue share, by geography, 2015 Vs 2024 (%)
      9.1.2 Global LV and MV switchgear market volume share, by geography, 2015 Vs 2024 (%)
9.2 North America
      9.2.1 North America LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand unit)
      9.2.2 North America LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.2.3 North America LV and MV switchgear market revenue, volume and forecast, by products standards, 2016 – 2024 (USD billion and Thousand Units)
      9.2.4 North America LV and MV switchgear market revenue, volume and forecast, by Application, 2016 – 2024 (USD billion and Thousand Units)
      9.2.5 North America LV and MV switchgear market revenue, volume and forecast, by voltages, 2016 – 2024 (USD billion and Thousand Units)
      9.2.6 North America LV and MV switchgear market revenue, volume and forecast, by components, 2016 – 2024 (USD billion and Thousand Units)
      9.2.7 North America LV and MV switchgear market revenue, volume and forecast, by insulation, 2016 – 2024 (USD billion and Thousand Units)
      9.2.8 U.S. LV and MV switchgears market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.2.9 U.S. LV and MV switchgears market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.2.10 Canada LV and MV switchgears market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.2.11 Canada LV and MV switchgears market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.2.12 Mexico LV and MV switchgears market revenue, value and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.2.13 Mexico LV and MV switchgears market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
9.3 Europe
      9.3.1 Europe LV and MV switchgears market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.3.2 Europe LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.3.3 Europe LV and MV switchgear market revenue, volume and forecast, by product standards, 2016 – 2024 (USD billion and Thousand Units)
      9.3.4 Europe LV and MV switchgear market revenue, volume and forecast, by applications, 2016 – 2024 (USD billion and Thousand units)
      9.3.5 Europe LV and MV switchgear market revenue, volume and forecast, by voltages, 2016 – 2024 (USD billion and Thousand units)
      9.3.6 Europe LV and MV switchgear market revenue, volume and forecast, by components, 2016 – 2024 (USD billion and Thousand units)
      9.3.7 Europe LV and MV switchgear market revenue, volume and forecast, by insulation, 2016 – 2024 (USD billion and Thousand units)
      9.3.8 U.K. LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.3.9 U.K. LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.3.10 Russia LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand Units)
      9.3.11 Russia LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.3.12 France LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.3.13 France LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.3.14 Italy LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand Units)
      9.3.15 Italy LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.3.16 Germany LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand Units)
      9.3.17 Germany LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.3.18 Rest of Europe LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.3.19 Rest of Europe LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand Units)
9.4 Asia Pacific
      9.4.1 Asia Pacific LV and MV switchgears market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand Units)
      9.4.2 Asia Pacific LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.3 Asia Pacific LV and MV switchgear market revenue, volume and forecast, by product standards, 2016 – 2024 (USD billion and Thousand units)
      9.4.4 Asia Pacific LV and MV switchgear market revenue, volume and forecast, by applications, 2016 – 2024 (USD billion and Thousand units)
      9.4.5 Asia Pacific LV and MV switchgear market revenue, volume and forecast, by voltages, 2016 – 2024 (USD billion and Thousand units)
      9.4.6 Asia Pacific LV and MV switchgear market revenue, volume and forecast, by components, 2016 – 2024 (USD billion and Thousand units)
      9.4.7 Asia Pacific LV and MV switchgear market revenue, volume and forecast, by insulation, 2016 – 2024 (USD billion and Thousand units)
      9.4.8 China LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.9 China LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.10 India LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.11 India LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.12 Japan LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand Units)
      9.4.13 Japan LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.14 Australia LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.15 Australia LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.16 South Korea LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.17 South Korea LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.18 Indonesia LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.19 Indonesia LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.20 Rest of Asia Pacific LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.4.21 Rest of Asia Pacific LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
9.5 Middle East and Africa (MEA)
      9.5.1 Middle East and Africa (MEA) LV and MV switchgears market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.5.2 Middle East and Africa (MEA) LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.5.3 Middle East and Africa (MEA) LV and MV switchgear market revenue, volume and forecast, by product standards, 2016 – 2024 (USD billion and Thousand units)
      9.5.4 Middle East and Africa (MEA) LV and MV switchgear market revenue, volume and forecast, by applications, 2016 – 2024 (USD billion and Thousand units)
      9.5.5 Middle East and Africa (MEA) LV and MV switchgear market revenue, volume and forecast, by voltages, 2016 – 2024 (USD billion and Thousand units)
      9.5.6 Middle East and Africa (MEA) LV and MV switchgear market revenue, volume and forecast, by components, 2016 – 2024 (USD billion and Thousand units)
      9.5.7 Middle East and Africa (MEA) LV and MV switchgear market revenue, volume and forecast, by insulation, 2016 – 2024 (USD billion and Thousand units)
9.6 Latin America
      9.6.1 Latin America LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.6.2 Latin America LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
      9.6.3 Latin America LV and MV switchgear market revenue, volume and forecast, by product standards, 2016 – 2024 (USD billion and Thousand units)
      9.6.4 Latin America LV and MV switchgear market revenue, volume and forecast, by applications, 2016 – 2024 (USD billion and Thousand units)
      9.6.5 Latin America LV and MV switchgear market revenue, volume and forecast, by voltages, 2016 – 2024 (USD billion and Thousand units)
      9.6.6 Latin America LV and MV switchgear market revenue, volume and forecast, by components, 2016 – 2024 (USD billion and Thousand units)
      9.6.7 Latin America LV and MV switchgear market revenue, volume and forecast, by insulation, 2016 – 2024 (USD billion and Thousand units)

Chapter 10 Company Profiles
10.1 ABB Ltd.
      10.1.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.1.2 Market Presence, By Segment and Geography
      10.1.3 Key Developments
      10.1.4 Strategy and Historical Roadmap
      10.1.5 Revenue and Operating Profits
10.2 Powell Industries, Inc.
      10.2.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.2.2 Market Presence, By Segment and Geography
      10.2.3 Key Developments
      10.2.4 Strategy and Historical Roadmap
      10.2.5 Revenue and Operating Profits
10.3 Siemens AG
      10.3.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.3.2 Market Presence, By Segment and Geography
      10.3.3 Key Developments
      10.3.4 Strategy and Historical Roadmap
      10.3.5 Revenue and Operating Profits
10.4 Schneider Electric SE
      10.4.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.4.2 Market Presence, By Segment and Geography
      10.4.3 Key Developments
      10.4.4 Strategy and Historical Roadmap
      10.4.5 Revenue and Operating Profits
10.5 Bharat Heavy Electricals Limited
      10.5.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.5.2 Market Presence, By Segment and Geography
      10.5.3 Key Developments
      10.5.4 Strategy and Historical Roadmap
      10.5.5 Revenue and Operating Profits
10.6 Crompton Greaves Limited
      10.6.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.6.2 Market Presence, By Segment and Geography
      10.6.3 Key Developments
      10.6.4 Strategy and Historical Roadmap
      10.6.5 Revenue and Operating Profits
10.7 Eaton Corp Plc
      10.7.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.7.2 Market Presence, By Segment and Geography
      10.7.3 Key Developments
      10.7.4 Strategy and Historical Roadmap
      10.7.5 Revenue and Operating Profits
10.8 Hyosung Corp
      10.8.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.8.2 Market Presence, By Segment and Geography
      10.8.3 Key Developments
      10.8.4 Strategy and Historical Roadmap
      10.8.5 Revenue and Operating Profits
10.9 Mitsubishi Electric Corporation
      10.9.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.9.2 Market Presence, By Segment and Geography
      10.9.3 Key Developments
      10.9.4 Strategy and Historical Roadmap
      10.9.5 Revenue and Operating Profits
10.10 General Electric Company
      10.10.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.10.2 Market Presence, By Segment and Geography
      10.10.3 Key Developments
      10.10.4 Strategy and Historical Roadmap
      10.10.5 Revenue and Operating Profits
10.11 CHINT Group
      10.11.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.11.2 Market Presence, By Segment and Geography
      10.11.3 Key Developments
      10.11.4 Strategy and Historical Roadmap
      10.11.5 Revenue and Operating Profits
10.12 OJSC Power Machines
      10.12.1 Company Details (HQ, Foundation Year, Employee Strength)
      10.12.2 Market Presence, By Segment and Geography
      10.12.3 Key Developments
      10.12.4 Strategy and Historical Roadmap
      10.12.5 Revenue and Operating Profits

 

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, 2015
FIG. 4 Market share by key LV and MV switchgear vendors, 2015 (Value %)
FIG. 5 Market share by key LV and MV switchgear vendors, 2015 (Value %)
FIG. 6 Market share by key LV and MV switchgear vendors, 2015 (Value %)
FIG. 7 Market share by key LV and MV switchgear vendors, 2015 (Value %)
FIG. 8 Global LV and MV switchgear market revenue share (%), by voltages, 2015 Vs 2024
FIG. 9 Global LV and MV switchgear market volume share (%), by voltages, 2015 Vs 2024 (%)
FIG. 10 Less than 1kV LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 11 1kV to 5 kV LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 12 6kV to 15 kV LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 13 16kV to 27 kV LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 14 28kV to 38 kV LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 15 Global LV and MV switchgear market revenue share (%), by product standards, 2015 Vs 2024
FIG. 16 Global LV and MV switchgear market volume share (%), by product standards, 2015 Vs 2024 (%)
FIG. 17 ANSI standardized LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 18 IEC standardized LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 19 Other (JIS, NEMA and GOST) standardized LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 20 Global LV and MV switchgear market revenue share (%), by applications, 2015 Vs 2024
FIG. 21 Global LV and MV switchgear market volume share (%), by applications, 2015 Vs 2024 (%)
FIG. 22 LV and MV switchgear (application in power plants) market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 23 LV and MV switchgear (application in oil & gas and petrochemical industry) market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 24 LV and MV switchgear (application in pulp and paper industry) market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 25 LV and MV switchgear (application in utilities sector) market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 26 Global LV and MV switchgear market revenue share (%), by components, 2015 Vs 2024
FIG. 27 Global LV and MV switchgear market volume share (%), by components, 2015 Vs 2024 (%)
FIG. 28 LV and MV switchgear (by circuit breakers component) market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 29 LV and MV switchgear (by relays component) market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 30 LV and MV switchgear (by others component) market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 31 Global LV and MV switchgear market revenue share (%), by insulation, 2015 Vs 2024
FIG. 32 Global LV and MV switchgear market volume share (%), by insulation, 2015 Vs 2024 (%)
FIG. 33 Air Insulated LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 34 Gas Insulated LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 35 Others (oil and solid) insulated LV and MV switchgear market revenue, volume and forecast, 2015 – 2024 (USD billion and Thousand units)
FIG. 36 Global LV and MV switchgear market revenue share, by geography, 2016 Vs 2024 (%)
FIG. 37 Global LV and MV switchgear market volume share, by geography, 2015 Vs 2024 (%)
FIG. 38 North America LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 39 U.S. LV and MV switchgears market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 40 Canada LV and MV switchgears market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 41 Mexico LV and MV switchgears market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 42 Europe LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 43 U.K. LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 44 Russia LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 45 France LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 46 Italy LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 47 Germany LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 48 Rest of Europe LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 49 Asia Pacific LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 50 China LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 51 India LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 52 Japan LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 53 Australia LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 54 South Korea LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 55 Indonesia LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 56 Rest of Asia Pacific LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 57 Middle East and Africa (MEA) LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)
FIG. 58 Latin America LV and MV switchgear market revenue, volume and forecast, 2016 – 2024 (USD billion and Thousand units)

List of Tables

TABLE 1 Global LV and MV switchgear market snapshot (revenue), 2015 and 2024
TABLE 2 Global LV and MV switchgear market snapshot (volume), 2015 and 2024
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, 2016 – 2024 (USD billion)
TABLE 6 North America LV and MV switchgear market volume and forecast, by products standards, 2016 – 2024 (Thousand units)
TABLE 7 North America LV and MV switchgear market revenue and forecast, by application, 2016 – 2024 (USD billion)
TABLE 8 North America LV and MV switchgear market volume and forecast, by application, 2016 – 2024 (Thousand units)
TABLE 9 North America LV and MV switchgear market revenue and forecast, by voltages, 2016 – 2024 (USD billion)
TABLE 10 North America LV and MV switchgear market volume and forecast, by voltages, 2016 – 2024 (Thousand units)
TABLE 11 North America LV and MV switchgear market revenue and forecast, by components, 2016 – 2024 (USD billion)
TABLE 12 North America LV and MV switchgear market volume and forecast, by components, 2016 – 2024 (Thousand units)
TABLE 13 North America LV and MV switchgear market revenue and forecast, by insulation, 2016 – 2024 (USD billion)
TABLE 14 North America LV and MV switchgear market volume and forecast, by insulation, 2016 – 2024 (Thousand units)
TABLE 15 Europe LV and MV switchgear market revenue and forecast, by products standards, 2016 – 2024 (USD billion)
TABLE 16 Europe LV and MV switchgear market volume and forecast, by products standards, 2016 – 2024 (Thousand units)
TABLE 17 Europe LV and MV switchgear market revenue and forecast, by application, 2016 – 2024 (USD billion)
TABLE 18 Europe  LV and MV switchgear market volume and forecast, by application, 2016 – 2024 (Thousand units)
TABLE 19 Europe LV and MV switchgear market revenue and forecast, by voltages, 2016 – 2024 (USD billion)
TABLE 20 Europe LV and MV switchgear market volume and forecast, by voltages, 2016 – 2024 (Thousand units)
TABLE 21 Europe LV and MV switchgear market revenue and forecast, by components, 2016 – 2024 (USD billion)
TABLE 22 Europe LV and MV switchgear market volume and forecast, by components, 2016 – 2024 (Thousand units)
TABLE 23 Europe LV and MV switchgear market revenue and forecast, by insulation, 2016 – 2024 (USD billion)
TABLE 24 Europe LV and MV switchgear market volume and forecast, by insulation, 2016 – 2024 (Thousand units)
TABLE 25 Asia Pacific LV and MV switchgear market revenue and forecast, by products standards, 2016 – 2024 (USD billion)
TABLE 26 Asia Pacific LV and MV switchgear market volume and forecast, by products standards, 2016 – 2024 (Thousand units)
TABLE 27 Asia Pacific LV and MV switchgear market revenue and forecast, by application, 2016 – 2024 (USD billion)
TABLE 28 Asia Pacific LV and MV switchgear market volume and forecast, by application, 2016 – 2024 (Thousand units)
TABLE 29 Asia Pacific LV and MV switchgear market revenue and forecast, by voltages, 2016 – 2024 (USD billion)
TABLE 30 Asia Pacific LV and MV switchgear market volume and forecast, by voltages, 2016 – 2024 (Thousand units)
TABLE 31 Asia Pacific LV and MV switchgear market revenue and forecast, by components, 2016 – 2024 (USD billion)
TABLE 32 Asia Pacific LV and MV switchgear market volume and forecast, by components, 2016 – 2024 (Thousand units)
TABLE 33 Asia Pacific LV and MV switchgear market revenue and forecast, by insulation, 2016 – 2024 (USD billion)
TABLE 34 Asia Pacific LV and MV switchgear market volume and forecast, by insulation, 2016 – 2024 (Thousand units)
TABLE 35 Middle East and Africa (MEA) LV and MV switchgear market revenue and forecast, by products standards, 2016 – 2024 (USD billion)
TABLE 36 Middle East and Africa (MEA) LV and MV switchgear market volume and forecast, by products standards, 2016 – 2024 (Thousand units)
TABLE 37 Middle East and Africa (MEA) LV and MV switchgear market revenue and forecast, by application, 2016 – 2024 (USD billion)
TABLE 38 Middle East and Africa (MEA) LV and MV switchgear market volume and forecast, by application, 2016 – 2024 (Thousand units)
TABLE 39 Middle East and Africa (MEA) LV and MV switchgear market revenue and forecast, by voltages, 2016 – 2024 (USD billion)
TABLE 40 Middle East and Africa (MEA) LV and MV switchgear market volume and forecast, by voltages, 2016 – 2024 (Thousand units)
TABLE 41 Middle East and Africa (MEA) LV and MV switchgear market revenue and forecast, by components, 2016 – 2024 (USD billion)
TABLE 42 Middle East and Africa (MEA) LV and MV switchgear market volume and forecast, by components, 2016 – 2024 (Thousand units)
TABLE 43 Middle East and Africa (MEA) LV and MV switchgear market revenue and forecast, by insulation, 2016 – 2024 (USD billion)
TABLE 44 Middle East and Africa (MEA) LV and MV switchgear market volume and forecast, by insulation, 2016 – 2024 (Thousand units)
TABLE 45 Latin America LV and MV switchgear market revenue and forecast, by products standards, 2016 – 2024 (USD billion)
TABLE 46 Latin America LV and MV switchgear market volume and forecast, by products standards, 2016 – 2024 (Thousand units)
TABLE 47 Latin America LV and MV switchgear market revenue and forecast, by application, 2016 – 2024 (USD billion)
TABLE 48 Latin America LV and MV switchgear market volume and forecast, by application, 2016 – 2024 (Thousand units)
TABLE 49 Latin America LV and MV switchgear market revenue and forecast, by voltages, 2016 – 2024 (USD billion)
TABLE 50 Latin America LV and MV switchgear market volume and forecast, by voltages, 2016 – 2024 (Thousand units)
TABLE 51 Latin America LV and MV switchgear market revenue and forecast, by components, 2016 – 2024 (USD billion)
TABLE 52 Latin America LV and MV switchgear market volume and forecast, by components, 2016 – 2024 (Thousand units)
TABLE 53 Latin America LV and MV switchgear market revenue and forecast, by insulation, 2016 – 2024 (USD billion)
TABLE 54 Latin America LV and MV switchgear market volume and forecast, by insulation, 2016 – 2024 (Thousand units)

This report provides strategic analysis of the global LV and MV switchgear market, and the market growth forecast for the period 2016 to 2024. 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 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 for the period 2016 to 2024. Rapid electrification in rural and urban areas of countries from Asia Pacific and Africa 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 up demand for LV and MV switchgear market during the forecast for the period 2016 to 2024. Power plants fed with renewable energy sources are connected to 11kV lines or 33kV lines. In such context, 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.

Based on product standards, the LV and MV switchgear market is segmented into IEC (International Electro technical Commission) standards, ANSI (American National Standards Institute) standards and Other (JIS, NEMA and GOST) standards. By voltages, the market is divided into less than 1kV,

1kV - 5kV, 6kV - 15kV, 16kV - 27kV and 28kV - 38kV. Based on components, the LV and MV switchgear market is segmented into circuit breaker, relays and others (enclosure, fuses, bus bars and switches). By insulation, the market is divided into air insulated switchgear, gas insulated switchgear and others (oil and solid). Based on application, the LV and MV switchgear market is segmented into power plants, oil & gas and petrochemical industry, pulp and paper industry and utilities sector. Based on geography, the market is segmented in to North America, Europe, Asia Pacific, Middle East & Africa (MEA) and Latin America. The scope of the report offers an insight into LV and MV switchgear market in these regions based on revenue (USD billion) and volume (thousand units).

To aid in strategic decision making, the report also includes competitive profiling of leading players in the industry, their market share in different geographic regions (North America, Europe, Asia Pacific, Middle East & Africa and Latin America). 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 affecting 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. In all, the report includes a holistic analysis of the global LV and MV switchgear market, and provides an estimate of growth for the period 2016 to 2024, keeping in mind the various factors affecting the market.

The market has been segmented as follows:

LV and MV switchgear market, by product standards:

  • IEC (International Electro technical Commission) standards
  • ANSI (American National Standards Institute) standards
  • Other (JIS, NEMA and GOST) standards

LV and MV switchgear market, by Application:

  • Power plants
  • Oil & Gas and 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 Insulated Switchgear
  • Gas Insulated Switchgear
  • Others (oil and solid)

LV and MV switchgear market, by geography:

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The United Kingdom
    • Germany
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Indonesia
    • Rest of Asia Pacific
  • Middle East & Africa
  • Latin America


 
 
Back To Top