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LV and MV Switchgear-Global Market Insights and Sales Trends 2024

LV and MV Switchgear-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1825051

No of Pages : 115

Synopsis
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 global LV and MV Switchgear market size is expected to reach US$ 83760 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of LV and MV Switchgear in various end use industries. The expanding demands from the Residential and Commercial Buildings, Infrastructure and utilities, Power Station and Petrochemical, are propelling LV and MV Switchgear market. LV Switchgear, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the MV Switchgear segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LV and MV Switchgear, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LV and MV Switchgear market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LV and MV Switchgear market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LV and MV Switchgear sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LV and MV Switchgear covered in this report include ABB, Schneider Electric, EATON, Mitsubishi Electric, SIEMENS, Hyundai Heavy Industries, Hyosung, Toshiba and CHINT, etc.
The global LV and MV Switchgear market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global LV and MV Switchgear market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LV and MV Switchgear market, Segment by Type:
LV Switchgear
MV Switchgear
Global LV and MV Switchgear market, by Application
Residential and Commercial Buildings
Infrastructure and utilities
Power Station
Petrochemical
Data Center
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LV and MV Switchgear manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LV and MV Switchgear in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 LV and MV Switchgear Market Overview
1.1 LV and MV Switchgear Product Overview
1.2 LV and MV Switchgear Market Segment by Type
1.2.1 LV Switchgear
1.2.2 MV Switchgear
1.3 Global LV and MV Switchgear Market Size by Type
1.3.1 Global LV and MV Switchgear Market Size Overview by Type (2018-2029)
1.3.2 Global LV and MV Switchgear Historic Market Size Review by Type (2018-2023)
1.3.3 Global LV and MV Switchgear Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America LV and MV Switchgear Sales Breakdown by Type (2018-2023)
1.4.2 Europe LV and MV Switchgear Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific LV and MV Switchgear Sales Breakdown by Type (2018-2023)
1.4.4 Latin America LV and MV Switchgear Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa LV and MV Switchgear Sales Breakdown by Type (2018-2023)
2 Global LV and MV Switchgear Market Competition by Company
2.1 Global Top Players by LV and MV Switchgear Sales (2018-2023)
2.2 Global Top Players by LV and MV Switchgear Revenue (2018-2023)
2.3 Global Top Players by LV and MV Switchgear Price (2018-2023)
2.4 Global Top Manufacturers LV and MV Switchgear Manufacturing Base Distribution, Sales Area, Product Type
2.5 LV and MV Switchgear Market Competitive Situation and Trends
2.5.1 LV and MV Switchgear Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by LV and MV Switchgear Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in LV and MV Switchgear as of 2022)
2.7 Date of Key Manufacturers Enter into LV and MV Switchgear Market
2.8 Key Manufacturers LV and MV Switchgear Product Offered
2.9 Mergers & Acquisitions, Expansion
3 LV and MV Switchgear Status and Outlook by Region
3.1 Global LV and MV Switchgear Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global LV and MV Switchgear Historic Market Size by Region
3.2.1 Global LV and MV Switchgear Sales in Volume by Region (2018-2023)
3.2.2 Global LV and MV Switchgear Sales in Value by Region (2018-2023)
3.2.3 Global LV and MV Switchgear Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global LV and MV Switchgear Forecasted Market Size by Region
3.3.1 Global LV and MV Switchgear Sales in Volume by Region (2024-2029)
3.3.2 Global LV and MV Switchgear Sales in Value by Region (2024-2029)
3.3.3 Global LV and MV Switchgear Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global LV and MV Switchgear by Application
4.1 LV and MV Switchgear Market Segment by Application
4.1.1 Residential and Commercial Buildings
4.1.2 Infrastructure and utilities
4.1.3 Power Station
4.1.4 Petrochemical
4.1.5 Data Center
4.1.6 Others
4.2 Global LV and MV Switchgear Market Size by Application
4.2.1 Global LV and MV Switchgear Market Size Overview by Application (2018-2029)
4.2.2 Global LV and MV Switchgear Historic Market Size Review by Application (2018-2023)
4.2.3 Global LV and MV Switchgear Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America LV and MV Switchgear Sales Breakdown by Application (2018-2023)
4.3.2 Europe LV and MV Switchgear Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific LV and MV Switchgear Sales Breakdown by Application (2018-2023)
4.3.4 Latin America LV and MV Switchgear Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa LV and MV Switchgear Sales Breakdown by Application (2018-2023)
5 North America LV and MV Switchgear by Country
5.1 North America LV and MV Switchgear Historic Market Size by Country
5.1.1 North America LV and MV Switchgear Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America LV and MV Switchgear Sales in Volume by Country (2018-2023)
5.1.3 North America LV and MV Switchgear Sales in Value by Country (2018-2023)
5.2 North America LV and MV Switchgear Forecasted Market Size by Country
5.2.1 North America LV and MV Switchgear Sales in Volume by Country (2024-2029)
5.2.2 North America LV and MV Switchgear Sales in Value by Country (2024-2029)
6 Europe LV and MV Switchgear by Country
6.1 Europe LV and MV Switchgear Historic Market Size by Country
6.1.1 Europe LV and MV Switchgear Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe LV and MV Switchgear Sales in Volume by Country (2018-2023)
6.1.3 Europe LV and MV Switchgear Sales in Value by Country (2018-2023)
6.2 Europe LV and MV Switchgear Forecasted Market Size by Country
6.2.1 Europe LV and MV Switchgear Sales in Volume by Country (2024-2029)
6.2.2 Europe LV and MV Switchgear Sales in Value by Country (2024-2029)
7 Asia-Pacific LV and MV Switchgear by Region
7.1 Asia-Pacific LV and MV Switchgear Historic Market Size by Region
7.1.1 Asia-Pacific LV and MV Switchgear Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific LV and MV Switchgear Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific LV and MV Switchgear Sales in Value by Region (2018-2023)
7.2 Asia-Pacific LV and MV Switchgear Forecasted Market Size by Region
7.2.1 Asia-Pacific LV and MV Switchgear Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific LV and MV Switchgear Sales in Value by Region (2024-2029)
8 Latin America LV and MV Switchgear by Country
8.1 Latin America LV and MV Switchgear Historic Market Size by Country
8.1.1 Latin America LV and MV Switchgear Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America LV and MV Switchgear Sales in Volume by Country (2018-2023)
8.1.3 Latin America LV and MV Switchgear Sales in Value by Country (2018-2023)
8.2 Latin America LV and MV Switchgear Forecasted Market Size by Country
8.2.1 Latin America LV and MV Switchgear Sales in Volume by Country (2024-2029)
8.2.2 Latin America LV and MV Switchgear Sales in Value by Country (2024-2029)
9 Middle East and Africa LV and MV Switchgear by Country
9.1 Middle East and Africa LV and MV Switchgear Historic Market Size by Country
9.1.1 Middle East and Africa LV and MV Switchgear Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa LV and MV Switchgear Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa LV and MV Switchgear Sales in Value by Country (2018-2023)
9.2 Middle East and Africa LV and MV Switchgear Forecasted Market Size by Country
9.2.1 Middle East and Africa LV and MV Switchgear Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa LV and MV Switchgear Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB LV and MV Switchgear Products Offered
10.1.5 ABB Recent Development
10.2 Schneider Electric
10.2.1 Schneider Electric Company Information
10.2.2 Schneider Electric Introduction and Business Overview
10.2.3 Schneider Electric LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Schneider Electric LV and MV Switchgear Products Offered
10.2.5 Schneider Electric Recent Development
10.3 EATON
10.3.1 EATON Company Information
10.3.2 EATON Introduction and Business Overview
10.3.3 EATON LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.3.4 EATON LV and MV Switchgear Products Offered
10.3.5 EATON Recent Development
10.4 Mitsubishi Electric
10.4.1 Mitsubishi Electric Company Information
10.4.2 Mitsubishi Electric Introduction and Business Overview
10.4.3 Mitsubishi Electric LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Mitsubishi Electric LV and MV Switchgear Products Offered
10.4.5 Mitsubishi Electric Recent Development
10.5 SIEMENS
10.5.1 SIEMENS Company Information
10.5.2 SIEMENS Introduction and Business Overview
10.5.3 SIEMENS LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SIEMENS LV and MV Switchgear Products Offered
10.5.5 SIEMENS Recent Development
10.6 Hyundai Heavy Industries
10.6.1 Hyundai Heavy Industries Company Information
10.6.2 Hyundai Heavy Industries Introduction and Business Overview
10.6.3 Hyundai Heavy Industries LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hyundai Heavy Industries LV and MV Switchgear Products Offered
10.6.5 Hyundai Heavy Industries Recent Development
10.7 Hyosung
10.7.1 Hyosung Company Information
10.7.2 Hyosung Introduction and Business Overview
10.7.3 Hyosung LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hyosung LV and MV Switchgear Products Offered
10.7.5 Hyosung Recent Development
10.8 Toshiba
10.8.1 Toshiba Company Information
10.8.2 Toshiba Introduction and Business Overview
10.8.3 Toshiba LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Toshiba LV and MV Switchgear Products Offered
10.8.5 Toshiba Recent Development
10.9 CHINT
10.9.1 CHINT Company Information
10.9.2 CHINT Introduction and Business Overview
10.9.3 CHINT LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.9.4 CHINT LV and MV Switchgear Products Offered
10.9.5 CHINT Recent Development
10.10 WECOME INTELLIGENT MANUFACTURING CO.,LTD
10.10.1 WECOME INTELLIGENT MANUFACTURING CO.,LTD Company Information
10.10.2 WECOME INTELLIGENT MANUFACTURING CO.,LTD Introduction and Business Overview
10.10.3 WECOME INTELLIGENT MANUFACTURING CO.,LTD LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.10.4 WECOME INTELLIGENT MANUFACTURING CO.,LTD LV and MV Switchgear Products Offered
10.10.5 WECOME INTELLIGENT MANUFACTURING CO.,LTD Recent Development
10.11 Fuji Electric
10.11.1 Fuji Electric Company Information
10.11.2 Fuji Electric Introduction and Business Overview
10.11.3 Fuji Electric LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Fuji Electric LV and MV Switchgear Products Offered
10.11.5 Fuji Electric Recent Development
10.12 LSIS
10.12.1 LSIS Company Information
10.12.2 LSIS Introduction and Business Overview
10.12.3 LSIS LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.12.4 LSIS LV and MV Switchgear Products Offered
10.12.5 LSIS Recent Development
10.13 Sunrise Group
10.13.1 Sunrise Group Company Information
10.13.2 Sunrise Group Introduction and Business Overview
10.13.3 Sunrise Group LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Sunrise Group LV and MV Switchgear Products Offered
10.13.5 Sunrise Group Recent Development
10.14 Shenyang high voltage complete switch co., LTD.
10.14.1 Shenyang high voltage complete switch co., LTD. Company Information
10.14.2 Shenyang high voltage complete switch co., LTD. Introduction and Business Overview
10.14.3 Shenyang high voltage complete switch co., LTD. LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Shenyang high voltage complete switch co., LTD. LV and MV Switchgear Products Offered
10.14.5 Shenyang high voltage complete switch co., LTD. Recent Development
10.15 LANZHOU GREAT WALL ELECTRICAL CO.,LTD
10.15.1 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Company Information
10.15.2 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Introduction and Business Overview
10.15.3 LANZHOU GREAT WALL ELECTRICAL CO.,LTD LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.15.4 LANZHOU GREAT WALL ELECTRICAL CO.,LTD LV and MV Switchgear Products Offered
10.15.5 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Recent Development
10.16 Huayi Electric Co., Ltd.
10.16.1 Huayi Electric Co., Ltd. Company Information
10.16.2 Huayi Electric Co., Ltd. Introduction and Business Overview
10.16.3 Huayi Electric Co., Ltd. LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Huayi Electric Co., Ltd. LV and MV Switchgear Products Offered
10.16.5 Huayi Electric Co., Ltd. Recent Development
10.17 Meidensha Corporation
10.17.1 Meidensha Corporation Company Information
10.17.2 Meidensha Corporation Introduction and Business Overview
10.17.3 Meidensha Corporation LV and MV Switchgear Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Meidensha Corporation LV and MV Switchgear Products Offered
10.17.5 Meidensha Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 LV and MV Switchgear Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 LV and MV Switchgear Industrial Chain Analysis
11.4 LV and MV Switchgear Market Dynamics
11.4.1 LV and MV Switchgear Industry Trends
11.4.2 LV and MV Switchgear Market Drivers
11.4.3 LV and MV Switchgear Market Challenges
11.4.4 LV and MV Switchgear Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 LV and MV Switchgear Distributors
12.3 LV and MV Switchgear Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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