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Global Low-voltage Switchgear Market, Forecast to 2022

  • 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 Questions this Study will Answer
    • 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
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends-Total LVSG Market
    • Market Engineering Measurements
      • Table Total LVSG Market: Market Engineering Measurements, Global, 2017
    • Forecast Assumptions
    • Revenue Forecast
      • Table Total LVSG Market: Revenue Forecast, Global, 2014-2022
    • Revenue Forecast Discussion
    • Per Cent Revenue Forecast by Region
      • Table Total LVSG Market: Per Cent Revenue Forecast by Region, Global, 2014-2022
    • Revenue Forecast by Region
      • Table Total LVSG Market: Revenue Forecast by Region, Global, 2014-2022
    • Revenue Forecast by Region Discussion
    • Per Cent Revenue Forecast by Product
      • Table Total LVSG Market: Per Cent Revenue Forecast by Product, Global, 2014-2022
    • Revenue Forecast by Product
      • Table Total LVSG Market: Revenue Forecast by Product, Global, 2014-2022
    • Revenue Forecast by Product Discussion
  • Market Share and Competitive Analysis- Total LVSG Market
    • Market Share
    • Market Share Analysis
      • Table Total LVSG Market: Company Market Share Analysis of Top 5 Participants, Global, 2017
    • 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
  • North America Analysis
    • North America-Strategic Insights
    • Revenue Forecast
      • Table LVSG Market: Revenue Forecast, North America, 2014-2022
    • Revenue Forecast Discussion
    • Market Share
  • Europe Analysis
    • Europe-Strategic Insights
    • Revenue Forecast
      • Table LVSG Market: Revenue Forecast, Europe, 2014-2022
    • Revenue Forecast Discussion
    • Market Share
  • Asia-Pacific Analysis
    • Asia-Pacific-Strategic Insights
    • Revenue Forecast
      • Table LVSG Market: Revenue Forecast, APAC, 2014-2022
    • Revenue Forecast Discussion
    • Market Share
  • Latin America Analysis
    • Latin America-Strategic Insights
    • Revenue Forecast
      • Table LVSG Market: Revenue Forecast, LA, 2014-2022
    • LA LVSG Market Revenue Forecast Discussion
    • Key Participants in LA Market
  • The Middle East and Africa Analysis
    • The Middle East and Africa-Strategic Insights
    • Revenue Forecast
      • Table LVSG Market: Revenue Forecast, MEA, 2014-2022
    • Revenue Forecast Discussion
    • Market Share
  • The Last Word
    • The Last Word-3 Big Predictions
  • Appendix
    • Market Engineering Methodology
    • List of Companies in Others

Global Low-voltage Switchgear Market, Forecast to 2022

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.


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