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Global Low-voltage Switchgear Market

The Modernisation of Public Infrastructure and the Adoption of Renewable Energy Systems Will Revitalize Market Growth

  • Research Code : MB1D-01-00-00-00
  • SKU : EG00138-GL-MR_00633
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  • Release Date : 14-Aug-2015
  • Region : Global
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The low-voltage (LV) switchgear market has been sluggish in recent years but is poised to record accelerated growth over the next few years. LV components, such as miniature circuit breakers (MCBs) and residual current circuit breakers (RCCBs), contributed most of the market share in 2014, which was primarily due to the demand from the residential segment. The market share of moulded case circuit breakers (MCCBs) and air circuit breakers (ACBs) will see an upswing from 2017 onwards due to increased spending on commercial and industrial projects.
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