Global and United States LV and MV Switchgear Market Insights, Forecast to 2027

SKU ID : QYR- 18839988

Publishing Date : 02-Aug-2021

No. of pages : 154

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  • In general, switchgears are the switching devices that form the backbone of modern electrical distribution systems. According to IEC 60947, switchgears with rated voltages up to 1000 V ac and 1500 V dc are termed as low voltage (LV) switchgear, and medium voltage (MV) switchgear is ranged from 1000V ac rating up to 36 KV and 40.5 KV in term of IEC 62271.
    The main global LV and MV Switchgear manufacturers include ABB, Schneider Electric, EATON, Mitsubishi Electric, SIEMENS, etc. The top five LV and MV Switchgear manufacturers account for approximately 23% of the total global market. China is the largest consumer market for LV and MV Switchgear, accounting for about 26%, followed by Europe and North America. In terms of product, MV switchgear is the largest segment, with a share about 59%. And in terms of application, the largest application is Residential and Commercial Buildings, followed by Infrastructure and utilities.

    Market Analysis and Insights: Global and United States LV and MV Switchgear Market
    This report focuses on global and United States LV and MV Switchgear market.
    In 2020, the global LV and MV Switchgear market size was US$ 54110 million and it is expected to reach US$ 79110 million by the end of 2027, with a CAGR of 5.4% during 2021-2027. In United States the LV and MV Switchgear market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

    Global LV and MV Switchgear Scope and Market Size
    LV and MV Switchgear market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global LV and MV Switchgear market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
    For United States market, this report focuses on the LV and MV Switchgear market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

    Segment by Type
    LV Switchgear
    MV Switchgear

    Segment by Application
    Residential and Commercial Buildings
    Infrastructure and utilities
    Power Station
    Petrochemical
    Data Center
    Others

    By Region
    North America
    United States
    Canada
    Europe
    Germany
    France
    U.K.
    Italy
    Russia
    Asia-Pacific
    China
    Japan
    South Korea
    India
    Australia
    Taiwan
    Indonesia
    Thailand
    Malaysia
    Philippines
    Vietnam
    Latin America
    Mexico
    Brazil
    Argentina
    Middle East & Africa
    Turkey
    Saudi Arabia
    U.A.E

    By Company
    ABB
    Schneider Electric
    EATON
    Mitsubishi Electric
    SIEMENS
    Hyundai Heavy Industries
    Hyosung
    Toshiba
    CHINT
    WECOME INTELLIGENT MANUFACTURING CO.,LTD
    Fuji Electric
    LSIS
    Sunrise Group
    Shenyang high voltage complete switch co., LTD.
    LANZHOU GREAT WALL ELECTRICAL CO.,LTD
    Huayi Electric Co., Ltd.
    Meidensha Corporation

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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