About disconnect switches
Disconnect switches help isolate electrical circuits for inspection and maintenance schedules. They include low, medium, and high-voltage switches. Low-voltage disconnect switches can be mounted on switchboards, panel boards, or wall mounts. Vendors also offer fused or non-fused disconnects, and electrically closed and electrically opened devices. Low-voltage disconnect switches serve as primary circuit breakers in switchboards and may also be used as feeder disconnects. Generally, disconnect switches may also be used as a part of a ground fault protection scheme when geared with a shunt trip.Management and refurbishment of aging transmission and distribution infrastructure is likely to boost commercial prospects of the high-voltage disconnect switches market. We expect this segment to grow at the highest rate compared to low and medium-voltage disconnect switches. This growth may also be attributed to anticipated expansions in the smart-grid market during 2015-2019.
Technavio's analysts forecast the global disconnect switch market to grow at a CAGR of 6.99% over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of the global disconnect switch market for the period 2015-2019. The market can be segmented into three: low, medium, and high-voltage disconnect switches.
Technavio's report, Global Disconnect Switch Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in APAC, the Americas, and EMEA; it also covers the landscape of the global disconnect switch market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Disconnect Switches Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Disconnect Switches Market: ABB, Eaton, GE, Rockwell Automation and Schneider Electric
Other Prominent Vendors in the market are: CG Power Systems, Delixi Electric, Emerson Electric, Littelfuse, Mersen, Siemens and Socomec
Commenting on the report, an analyst from Technavio’s team said: “The widespread use of smart grids in North America and Europe has enhanced the scope for disconnect switches market vendors. End-users from the smart grid industry include utilities, equipment providers, service providers, and investors. High-voltage disconnect switches are required for smart grids networks while smart meters and advanced metering infrastructure can utilize disconnect switches to enable or disable utility services remotely. So, we expect the growing numbers of smart grids to boost market growth.”
According to the report, transmission and distribution substations include disconnect switches as essential components. In these substations, the incoming supply lines and outgoing feeders/transmission lines should have disconnect switches installed in-line with the circuit breaker. A disconnect switch is used to isolate safely circuit breakers, transformers, and transmission lines for maintenance procedures.
Further, the report states that fluctuating prices of raw materials hampers vendors' business plans in terms of forecasting demand, developing and executing manufacturing plans, and managing inventory. Such fluctuations can also result in reduced profit margins.
ABB, Eaton, GE, Rockwell Automation, Schneider Electric, CG Power Systems, Delixi Electric, Emerson Electric, Littelfuse, Mersen, Siemens, Socomec