Global Low-voltage Switchgear Market, Forecast to 2022
Global Low-voltage Switchgear Market, Forecast to 2022
Growing Distributed Energy Resources, Rapid Urbanisation and Commercial Expansion will Drive the Demand
10-Apr-2018
Global
Market Research
Description
Switchgear is an integral part of the electrical power value chain. Increase in power demand and replacement of aged equipment in the Transmission and Distribution (T&D) grid infrastructure is driving the demand for switchgears globally. Need for continuous, uninterrupted power supply and to protect the electrical equipment from fault currents, switchgears are employed. Further, they are also a key component to modernise the grid network and to integrate distributed energy sources. This study provides a market analysis of the global Low-voltage Switchgear (LVSG) market for the calendar year 2017 and uses insights from manufacturers, channel partners, and end users to identify drivers and restraints for the market for the next 5 years. Market analysis includes revenue forecasts, discussion on the competitive structure, and market share analysis. The base year of the study is 2017 with forecast period from 2018 to 2025. The global LVSG market is set for steady growth across the globe, driven by factors such as replacement of aged infrastructure, rising power demand, and increasing Distributed Energy Resources (DERs) and industrial establishments. Increased government spending on infrastructure projects and emerging new segments (renewable and metro rail) are expected to drive the demand for LVSG products.
Market Drivers:
• Infrastructure developments in the commercial and industrial segments boost the demand for LV switchgear components
• The dynamic growth of the construction sector in some regions creates significant demand for LV switchgear components
• Growth of DERs is likely to drive LVSG market growth
Market Restraints:
• The uncertain economic climate in some regions significantly affects the commercial and industrial segments
• Low-cost Chinese and South Korean products challenge the overall business revenue
Strategic Imperatives for Success and Growth:
• Big Data analytics has the potential to create new growth opportunities and transform the competitive landscape.
• Traditional T&D equipment companies may not be capable of handling such large volumes of data; hence, they should partner with such solution providers to stay ahead of the competition.
• Building the capability to offer end-to-end solutions through acquisition helps companies to expand their market reach in developing markets.
• Increasing investments, infrastructure developments, government mandates and support in terms of electrification and smart grid initiatives are likely to drive the demand for LVSG products mainly in emerging economies.
The companies mentioned include: GE, ABB, Siemens, Eaton, Schneider, Havells, CHINT Group, WEG, COELME s.p.a, Hyundai Heavy Industries, Fuji Electric, L&T, Hitachi, BCH Electric, HPL India, C&S Electric, Huyu Group Corporation, Hangzhou Zhijiang Switchgear, Guangdong Zhujiang Switchgear, Alfanar, Mitsubishi Electric Corporation, Legrand, Hager, Rockwell Automation, Terasaki,LSIS,Hyosung, and Toshiba Corporation.
RESEARCH: INFOGRAPHIC
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Table of Contents
Global Low Voltage Switchgear (LVSG) Market
Key Findings
Market Engineering Measurements
CEO’s Perspective
Associated Multimedia
Market Definitions
Product Definitions
Geographical Segmentation
Key Regional Market Highlights
Key Regional Participants Market Shares
Market Segmentation by End User
Market Segmentation by Product
Global LVSG Market Distribution Channels
Market Drivers
Market Restraints
Market Engineering Measurements
Revenue Forecast
Per Cent Revenue Forecast by Region
Revenue Forecast by Region
Per Cent Revenue Forecast by Product
Revenue Forecast by Product
Market Share
Market Share Analysis
Competitive Environment
Competitive Factors and Assessment
Growth Opportunity 1—Geographic Expansion
Growth Opportunity 2—Data Analytics and Cloud
Strategic Imperatives for Success and Growth
CEO’s 360 Degree Perspective
North America—Strategic Insights
Revenue Forecast
Market Share
Europe—Strategic Insights
Revenue Forecast
Market Share
Asia-Pacific—Strategic Insights
Revenue Forecast
Market Share
Latin America—Strategic Insights
Revenue Forecast
Key Participants in LA Market
The Middle East and Africa—Strategic Insights
Revenue Forecast
Market Share
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
List of Companies in Others
List of Exhibits
![](img/list_icon.png)
- 1. Total LVSG Market: Key Market Drivers, Global, 2018–2022
- 2. Total LVSG Market: Key Market Restraints, Global, 2018–2022
- 3. Total LVSG Market: Market Engineering Measurements, Global, 2017
- 4. Total LVSG Market: Revenue Forecast by Region, Global, 2014–2022
- 5. Total LVSG Market: Revenue Forecast by Product, Global, 2014–2022
- 6. Total LVSG Market: Company Market Share Analysis of Top 5 Participants, Global, 2017
- 7. Total LVSG Market: Competitive Structure, Global, 2017
- 8. Total LVSG Market: CEO’s 360 Degree Perspective, Global, 2017
![](img/chart_icon.png)
- 1. Total LVSG Market: Revenue Breakup by Region, Global, 2017 and 2022
- 2. Total LVSG Market: Revenue Forecast, Global, 2017 and 2022
- 3. Total LVSG Market: Per Cent Revenue Breakdown by Key Participants, Global, 2017
- 4. Total LVSG Market: Hotspots, Global, 2017
- 5. Total LVSG Market: Market Engineering Measurements, Global, 2017
- 6. Total LVSG Market: Product Segmentation, Global, 2017
- 7. Total LVSG Market: Geographical Segmentation, Global, 2017
- 8. Total LVSG Market: Regional Market Share, Global, 2017
- 9. Total LVSG Market: Revenue Breakdown by End User, Global, 2017
- 10. Total LVSG Market: Revenue Breakdown by Product, Global, 2017
- 11. Total LVSG Market: Distribution Channel Analysis, Global, 2017
- 12. GDP Growth, Global, 2014–2022
- 13. Total LVSG Market: Revenue Forecast, Global, 2014–2022
- 14. Total LVSG Market: Revenue Forecast, Global 2017–2022
- 15. Total LVSG Market: Per Cent Revenue Forecast by Region, Global, 2014–2022
- 16. Total LVSG Market: Revenue Forecast by Region, Global, 2017 and 2022
- 17. Total LVSG Market: Per Cent Revenue Forecast by Product, Global, 2014–2022
- 18. Total LVSG Market: Revenue Forecast by Product, Global, 2017 and 2022
- 19. Total LVSG Market: Per Cent Sales Breakdown, Global, 2017
- 20. LVSG Market: Revenue Forecast, North America, 2014–2022
- 21. LVSG Market: Revenue Forecast, North America, 2017 and 2022
- 22. LVSG Market: Per Cent Revenue Breakdown, North America, 2017
- 23. LVSG Market: Revenue Forecast, Europe, 2014–2022
- 24. LVSG Market: Revenue Forecast, Europe, 2017 and 2022
- 25. LVSG Market: Per Cent Revenue Breakdown, Europe, 2017
- 26. LVSG Market: Revenue Forecast, APAC, 2014–2022
- 27. LVSG Market: Revenue Forecast, APAC, 2017 and 2022
- 28. LVSG Market: Per Cent Revenue Breakdown, APAC, 2017
- 29. LVSG Market: Revenue Forecast, LA, 2014–2022
- 30. LVSG Market: Revenue Forecast, LA, 2017 and 2022
- 31. LVSG Market: Per Cent Revenue Breakdown, LA, 2017
- 32. LVSG Market: Revenue Forecast, MEA, 2014–2022
- 33. LVSG Market: Revenue Forecast, MEA, 2017 and 2022
- 34. LVSG Market: Per Cent Revenue Breakdown, MEA, 2017
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Deliverable Type | Market Research |
---|---|
No Index | No |
Podcast | No |
Table of Contents | | Executive Summary~ || Global Low Voltage Switchgear (LVSG) Market~ || Key Findings~ || Market Engineering Measurements~ || CEO’s Perspective~ || Associated Multimedia~ | Market Overview~ || Market Definitions~ || Product Definitions~ || Geographical Segmentation~ || Key Regional Market Highlights~ || Key Regional Participants Market Shares~ || Market Segmentation by End User~ || Market Segmentation by Product~ || Global LVSG Market Distribution Channels~ | Drivers and Restraints—Total LVSG Market~ || Market Drivers~ || Market Restraints~ | Forecasts and Trends—Total LVSG Market~ || Market Engineering Measurements~ || Revenue Forecast~ || Per Cent Revenue Forecast by Region~ || Revenue Forecast by Region~ || Per Cent Revenue Forecast by Product~ || Revenue Forecast by Product~ | Market Share and Competitive Analysis—Total LVSG Market~ || Market Share~ || Market Share Analysis~ || Competitive Environment~ || Competitive Factors and Assessment~ | Growth Opportunities and Companies to Action~ || Growth Opportunity 1—Geographic Expansion~ || Growth Opportunity 2—Data Analytics and Cloud~ || Strategic Imperatives for Success and Growth~ | CEO’s 360 Degree Perspective~ || CEO’s 360 Degree Perspective~ | North America Analysis~ || North America—Strategic Insights~ || Revenue Forecast~ || Market Share~ | Europe Analysis~ || Europe—Strategic Insights~ || Revenue Forecast~ || Market Share~ | Asia-Pacific Analysis~ || Asia-Pacific—Strategic Insights~ || Revenue Forecast~ || Market Share~ | Latin America Analysis~ || Latin America—Strategic Insights~ || Revenue Forecast~ || Key Participants in LA Market~ | The Middle East and Africa Analysis~ || The Middle East and Africa—Strategic Insights~ || Revenue Forecast~ || Market Share~ | The Last Word~ || The Last Word—3 Big Predictions~ || Legal Disclaimer~ | Appendix~ || Market Engineering Methodology~ || List of Companies in Others~ || List of Exhibits~ |
List of Charts and Figures | 1. Total LVSG Market: Key Market Drivers, Global, 2018–2022~ 2. Total LVSG Market: Key Market Restraints, Global, 2018–2022~ 3. Total LVSG Market: Market Engineering Measurements, Global, 2017~ 4. Total LVSG Market: Revenue Forecast by Region, Global, 2014–2022~ 5. Total LVSG Market: Revenue Forecast by Product, Global, 2014–2022~ 6. Total LVSG Market: Company Market Share Analysis of Top 5 Participants, Global, 2017~ 7. Total LVSG Market: Competitive Structure, Global, 2017~ 8. Total LVSG Market: CEO’s 360 Degree Perspective, Global, 2017~| 1. Total LVSG Market: Revenue Breakup by Region, Global, 2017 and 2022~ 2. Total LVSG Market: Revenue Forecast, Global, 2017 and 2022~ 3. Total LVSG Market: Per Cent Revenue Breakdown by Key Participants, Global, 2017~ 4. Total LVSG Market: Hotspots, Global, 2017~ 5. Total LVSG Market: Market Engineering Measurements, Global, 2017~ 6. Total LVSG Market: Product Segmentation, Global, 2017~ 7. Total LVSG Market: Geographical Segmentation, Global, 2017~ 8. Total LVSG Market: Regional Market Share, Global, 2017~ 9. Total LVSG Market: Revenue Breakdown by End User, Global, 2017~ 10. Total LVSG Market: Revenue Breakdown by Product, Global, 2017~ 11. Total LVSG Market: Distribution Channel Analysis, Global, 2017~ 12. GDP Growth, Global, 2014–2022~ 13. Total LVSG Market: Revenue Forecast, Global, 2014–2022~ 14. Total LVSG Market: Revenue Forecast, Global 2017–2022~ 15. Total LVSG Market: Per Cent Revenue Forecast by Region, Global, 2014–2022~ 16. Total LVSG Market: Revenue Forecast by Region, Global, 2017 and 2022~ 17. Total LVSG Market: Per Cent Revenue Forecast by Product, Global, 2014–2022~ 18. Total LVSG Market: Revenue Forecast by Product, Global, 2017 and 2022~ 19. Total LVSG Market: Per Cent Sales Breakdown, Global, 2017~ 20. LVSG Market: Revenue Forecast, North America, 2014–2022~ 21. LVSG Market: Revenue Forecast, North America, 2017 and 2022~ 22. LVSG Market: Per Cent Revenue Breakdown, North America, 2017~ 23. LVSG Market: Revenue Forecast, Europe, 2014–2022~ 24. LVSG Market: Revenue Forecast, Europe, 2017 and 2022~ 25. LVSG Market: Per Cent Revenue Breakdown, Europe, 2017~ 26. LVSG Market: Revenue Forecast, APAC, 2014–2022~ 27. LVSG Market: Revenue Forecast, APAC, 2017 and 2022~ 28. LVSG Market: Per Cent Revenue Breakdown, APAC, 2017~ 29. LVSG Market: Revenue Forecast, LA, 2014–2022~ 30. LVSG Market: Revenue Forecast, LA, 2017 and 2022~ 31. LVSG Market: Per Cent Revenue Breakdown, LA, 2017~ 32. LVSG Market: Revenue Forecast, MEA, 2014–2022~ 33. LVSG Market: Revenue Forecast, MEA, 2017 and 2022~ 34. LVSG Market: Per Cent Revenue Breakdown, MEA, 2017~ |
Author | Swagath Navin Manohar |
Industries | Environment |
WIP Number | MD99-01-00-00-00 |
Keyword 1 | Switchgear |
Keyword 2 | Low-voltage Switchgear |
Is Prebook | No |
GPS Codes | 9343-A4,9596 |