The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Low Voltage Direct Current (LVDC) Market Research Report 2024
Synopsis
Low voltage is an electrical voltage that is referred to in the consumer segment as the main voltage used for commercial electrical appliances and lighting in homes and industry. According to the IEC: low voltage is the voltage between 50 – 1,000 volts of alternating current and between 120 – 1,500 V of direct current. Low voltage direct current (LVDC) is a disruptive technology that fundamentally accelerates energy access and improves energy efficiency. LVDC applications are many and varied and can be applied in every country in the world. The applications range from commercial and industrial buildings to photovoltaic power station, data center, transportation, and others.
The global Low Voltage Direct Current (LVDC) market was valued at US$ 1645.9 million in 2023 and is anticipated to reach US$ 3163 million by 2030, witnessing a CAGR of 9.4% during the forecast period 2024-2030.
Global 5 largest manufacturers of Low Voltage Direct Current (LVDC) are ABB, Schneider Electric, Siemens, Eaton and Mitsubishi Electric, which make up over 55%. Among them, ABB is the leader with about 15% market share. Asia-Pacific is the largest market, with a share about 44%, followed by Europe and North America , with the share about 25% and 22%. In terms of product type, DC Circuit Breakers occupy the largest share of the total market, about 68%. And in terms of product Application, the largest application is Photovoltaic Power Station, followed by Data Center.
This report aims to provide a comprehensive presentation of the global market for Low Voltage Direct Current (LVDC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Low Voltage Direct Current (LVDC).
Report Scope
The Low Voltage Direct Current (LVDC) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Low Voltage Direct Current (LVDC) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Low Voltage Direct Current (LVDC) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Schneider Electric
Siemens
Eaton
Mitsubishi Electric
Legrand
Fuji Electric
Liangxin
Segment by Type
DC Circuit Breakers
DC Contactors
Others
Segment by Application
Photovoltaic Power Station
Commercial and Industrial Buildings
Data Center
Transportation
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Low Voltage Direct Current (LVDC) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Low voltage is an electrical voltage that is referred to in the consumer segment as the main voltage used for commercial electrical appliances and lighting in homes and industry. According to the IEC: low voltage is the voltage between 50 – 1,000 volts of alternating current and between 120 – 1,500 V of direct current. Low voltage direct current (LVDC) is a disruptive technology that fundamentally accelerates energy access and improves energy efficiency. LVDC applications are many and varied and can be applied in every country in the world. The applications range from commercial and industrial buildings to photovoltaic power station, data center, transportation, and others.
The global Low Voltage Direct Current (LVDC) market was valued at US$ 1645.9 million in 2023 and is anticipated to reach US$ 3163 million by 2030, witnessing a CAGR of 9.4% during the forecast period 2024-2030.
Global 5 largest manufacturers of Low Voltage Direct Current (LVDC) are ABB, Schneider Electric, Siemens, Eaton and Mitsubishi Electric, which make up over 55%. Among them, ABB is the leader with about 15% market share. Asia-Pacific is the largest market, with a share about 44%, followed by Europe and North America , with the share about 25% and 22%. In terms of product type, DC Circuit Breakers occupy the largest share of the total market, about 68%. And in terms of product Application, the largest application is Photovoltaic Power Station, followed by Data Center.
This report aims to provide a comprehensive presentation of the global market for Low Voltage Direct Current (LVDC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Low Voltage Direct Current (LVDC).
Report Scope
The Low Voltage Direct Current (LVDC) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Low Voltage Direct Current (LVDC) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Low Voltage Direct Current (LVDC) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Schneider Electric
Siemens
Eaton
Mitsubishi Electric
Legrand
Fuji Electric
Liangxin
Segment by Type
DC Circuit Breakers
DC Contactors
Others
Segment by Application
Photovoltaic Power Station
Commercial and Industrial Buildings
Data Center
Transportation
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Low Voltage Direct Current (LVDC) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Low Voltage Direct Current (LVDC) Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 DC Circuit Breakers
1.2.3 DC Contactors
1.2.4 Others
1.3 Market by Application
1.3.1 Global Low Voltage Direct Current (LVDC) Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Photovoltaic Power Station
1.3.3 Commercial and Industrial Buildings
1.3.4 Data Center
1.3.5 Transportation
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Low Voltage Direct Current (LVDC) Market Perspective (2019-2030)
2.2 Low Voltage Direct Current (LVDC) Growth Trends by Region
2.2.1 Global Low Voltage Direct Current (LVDC) Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Low Voltage Direct Current (LVDC) Historic Market Size by Region (2019-2024)
2.2.3 Low Voltage Direct Current (LVDC) Forecasted Market Size by Region (2025-2030)
2.3 Low Voltage Direct Current (LVDC) Market Dynamics
2.3.1 Low Voltage Direct Current (LVDC) Industry Trends
2.3.2 Low Voltage Direct Current (LVDC) Market Drivers
2.3.3 Low Voltage Direct Current (LVDC) Market Challenges
2.3.4 Low Voltage Direct Current (LVDC) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Low Voltage Direct Current (LVDC) Players by Revenue
3.1.1 Global Top Low Voltage Direct Current (LVDC) Players by Revenue (2019-2024)
3.1.2 Global Low Voltage Direct Current (LVDC) Revenue Market Share by Players (2019-2024)
3.2 Global Low Voltage Direct Current (LVDC) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Low Voltage Direct Current (LVDC) Revenue
3.4 Global Low Voltage Direct Current (LVDC) Market Concentration Ratio
3.4.1 Global Low Voltage Direct Current (LVDC) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Low Voltage Direct Current (LVDC) Revenue in 2023
3.5 Low Voltage Direct Current (LVDC) Key Players Head office and Area Served
3.6 Key Players Low Voltage Direct Current (LVDC) Product Solution and Service
3.7 Date of Enter into Low Voltage Direct Current (LVDC) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Low Voltage Direct Current (LVDC) Breakdown Data by Type
4.1 Global Low Voltage Direct Current (LVDC) Historic Market Size by Type (2019-2024)
4.2 Global Low Voltage Direct Current (LVDC) Forecasted Market Size by Type (2025-2030)
5 Low Voltage Direct Current (LVDC) Breakdown Data by Application
5.1 Global Low Voltage Direct Current (LVDC) Historic Market Size by Application (2019-2024)
5.2 Global Low Voltage Direct Current (LVDC) Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Low Voltage Direct Current (LVDC) Market Size (2019-2030)
6.2 North America Low Voltage Direct Current (LVDC) Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Low Voltage Direct Current (LVDC) Market Size by Country (2019-2024)
6.4 North America Low Voltage Direct Current (LVDC) Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Low Voltage Direct Current (LVDC) Market Size (2019-2030)
7.2 Europe Low Voltage Direct Current (LVDC) Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Low Voltage Direct Current (LVDC) Market Size by Country (2019-2024)
7.4 Europe Low Voltage Direct Current (LVDC) Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Low Voltage Direct Current (LVDC) Market Size (2019-2030)
8.2 Asia-Pacific Low Voltage Direct Current (LVDC) Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Low Voltage Direct Current (LVDC) Market Size by Region (2019-2024)
8.4 Asia-Pacific Low Voltage Direct Current (LVDC) Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Low Voltage Direct Current (LVDC) Market Size (2019-2030)
9.2 Latin America Low Voltage Direct Current (LVDC) Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Low Voltage Direct Current (LVDC) Market Size by Country (2019-2024)
9.4 Latin America Low Voltage Direct Current (LVDC) Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Low Voltage Direct Current (LVDC) Market Size (2019-2030)
10.2 Middle East & Africa Low Voltage Direct Current (LVDC) Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Low Voltage Direct Current (LVDC) Market Size by Country (2019-2024)
10.4 Middle East & Africa Low Voltage Direct Current (LVDC) Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Detail
11.1.2 ABB Business Overview
11.1.3 ABB Low Voltage Direct Current (LVDC) Introduction
11.1.4 ABB Revenue in Low Voltage Direct Current (LVDC) Business (2019-2024)
11.1.5 ABB Recent Development
11.2 Schneider Electric
11.2.1 Schneider Electric Company Detail
11.2.2 Schneider Electric Business Overview
11.2.3 Schneider Electric Low Voltage Direct Current (LVDC) Introduction
11.2.4 Schneider Electric Revenue in Low Voltage Direct Current (LVDC) Business (2019-2024)
11.2.5 Schneider Electric Recent Development
11.3 Siemens
11.3.1 Siemens Company Detail
11.3.2 Siemens Business Overview
11.3.3 Siemens Low Voltage Direct Current (LVDC) Introduction
11.3.4 Siemens Revenue in Low Voltage Direct Current (LVDC) Business (2019-2024)
11.3.5 Siemens Recent Development
11.4 Eaton
11.4.1 Eaton Company Detail
11.4.2 Eaton Business Overview
11.4.3 Eaton Low Voltage Direct Current (LVDC) Introduction
11.4.4 Eaton Revenue in Low Voltage Direct Current (LVDC) Business (2019-2024)
11.4.5 Eaton Recent Development
11.5 Mitsubishi Electric
11.5.1 Mitsubishi Electric Company Detail
11.5.2 Mitsubishi Electric Business Overview
11.5.3 Mitsubishi Electric Low Voltage Direct Current (LVDC) Introduction
11.5.4 Mitsubishi Electric Revenue in Low Voltage Direct Current (LVDC) Business (2019-2024)
11.5.5 Mitsubishi Electric Recent Development
11.6 Legrand
11.6.1 Legrand Company Detail
11.6.2 Legrand Business Overview
11.6.3 Legrand Low Voltage Direct Current (LVDC) Introduction
11.6.4 Legrand Revenue in Low Voltage Direct Current (LVDC) Business (2019-2024)
11.6.5 Legrand Recent Development
11.7 Fuji Electric
11.7.1 Fuji Electric Company Detail
11.7.2 Fuji Electric Business Overview
11.7.3 Fuji Electric Low Voltage Direct Current (LVDC) Introduction
11.7.4 Fuji Electric Revenue in Low Voltage Direct Current (LVDC) Business (2019-2024)
11.7.5 Fuji Electric Recent Development
11.8 Liangxin
11.8.1 Liangxin Company Detail
11.8.2 Liangxin Business Overview
11.8.3 Liangxin Low Voltage Direct Current (LVDC) Introduction
11.8.4 Liangxin Revenue in Low Voltage Direct Current (LVDC) Business (2019-2024)
11.8.5 Liangxin Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Energy & Power Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
