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Low Voltage Protection and Control Market by Product Type (Protection Equipment, Switching Equipment, and Monitoring Devices), End-use (Residential, Commercial, and Industrial (Oil & Gas, EV Charging), and Region - Global Forecast to 2025

Low Voltage Protection and Control Market by Product Type (Protection Equipment, Switching Equipment, and Monitoring Devices), End-use (Residential, Commercial, and Industrial (Oil & Gas, EV Charging), and Region - Global Forecast to 2025

“The global low voltage protection and control market is projected to grow at a CAGR of 5.97%, from 2018 to 2025.”
The global low voltage protection and control market is projected to reach USD 19.8 billion by 2025 from an estimated USD 13.2 billion in 2018, at a CAGR of 5.97%. This growth can be attributed to factors such as increasing demand for renewable energy products, growing per capita consumption of energy, and demand for safe and secure electrical systems. However, grey market and the presence of inferior quality products along with high cost of monitoring devices is expected to restrict the growth of the market.

“The monitoring devices segment is expected to be the fastest growing market from 2018 to 2025.”
The monitoring devices segment which includes the metering and communication and measurement devices is estimated to be the fastest growing segment during the forecast period. Growing energy efficiency targets and increasing smart grid investments are expected to drive the market during the forecasted period. Furthermore, monitoring devices enable the users to individually monitor their energy consumption and device energy efficiency plans that will reduce energy consumption and reduce the cost of operations.

“The industrial segment, by end-use type, is expected to be the largest market from 2018 to 2025.”
The industrial segment is expected to hold the largest market share during the forecast period because of its increasing EV sales and EV charging infrastructure as well as the growing data center investments and operations across the globe. The share of EV’s is increasing every year, globally. The EV charging stations, such as slow and fast chargers, are also witnessing an increase to meet the increasing demands. Increasing subsidies for EV’s and the need to meet the operating range of EV’s is driving the market for low voltage protection and control.

“Asia Pacific: The second fastest growing market for low voltage protection and control.”
The Asia Pacific region is expected to be the 2nd fastest growing market for low voltage protection and control, by 2025. The low voltage protection and control market in this region is mainly driven by growing per capita consumption of energy, increasing urbanization, growing middle class, the favorable market for electric vehicles, and datacenters. Countries such as China and India are among the fastest growing countries,they have major climate change and renewable energy targets to implement during the forecast period. For instance, China and India have targets to install 210 GW and 175 GW of renewable energy power generation by 2023 which is expected to drive the market for low voltage protection and control.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 60%, Tier 2- 23%, and Tier 3-17%
By Designation: C-Level- 35%, Director Level- 25%, and Others- 40%
By Region: Asia Pacific- 29%, Europe- 22%, North America- 18%, Middle East- 14%, Latin America- 12%, and Africa-5%

Note: Others includes sales managers, marketing managers, product managers, and product engineers.
The tier of the companies is defined on the basis of their total revenue as of 2017. Tier 1: USD 1 billion, Tier 2: From USD 1 billion to USD 500 million, and Tier 3: <USD 500 million

The global low voltage protection and control market is dominated by a few major players that have a wide regional presence. The leading players in the low voltage protection and control market are ABB (Switzerland), Eaton (Ireland), Fuji Electric co. ltd (Japan), Hitachi (Japan), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), Yaskawa (Japan), CHINT Group (China), WEG SA (Brazil), Legrand (France), Toshiba (Japan), and Emerson Electric Co. (US).

Research Coverage:
The report defines, describes, and forecasts the global low voltage protection and control market, by product type, end-use, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include the analysis of the competitive landscape, market dynamics, market estimates, in terms of value and future trends in the low voltage protection and control market.

Why Buy this Report?
1. The report identifies and addresses key markets for low voltage protection and control, which would help manufacturers to review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • MARKET SCOPE
      • MARKET SEGMENTATION
      • REGIONAL SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • MARKET SIZE ESTIMATION
      • IDEAL DEMAND SIDE ANALYSIS
        • Table KEY END-USER GROWTH RATE AND TRANSMISSION AND DISTRIBUTION INVESTMENT ARE THE MAJOR DETERMINING FACTORS FOR LOW VOLTAGE PROTECTION AND CONTROL MARKET
      • SUPPLY-SIDE ANALYSIS
      • FORECAST
    • SOME OF THE INSIGHTS OF INDUSTRY EXPERTS
  • EXECUTIVE SUMMARY
    • Table LOW VOLTAGE PROTECTION AND CONTROL MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE LOW VOLTAGE PROTECTION AND CONTROL MARKET
    • LOW VOLTAGE PROTECTION AND CONTROL MARKET, BY PRODUCT
    • LOW VOLTAGE PROTECTION AND CONTROL MARKET, BY END-USER
    • LOW VOLTAGE PROTECTION AND CONTROL MARKET IN APAC, BY END-USER AND COUNTRIES
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table GROWING PER CAPITA CONSUMPTION OF ENERGY COMPARISON ACROSS MAJOR ECONOMIES, 2014-2016, IN MWH/CAPITA
        • Table SOLAR AND WIND RENEWABLE ENERGY TARGETS BY MAJOR COUNTRIES
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • LOW VOLTAGE PROTECTION & CONTROL MARKET, BY PRODUCT
    • INTRODUCTION
      • Table LOW VOLTAGE PROTECTION & CONTROL MARKET SIZE, BY PRODUCT, 2016-2025 (USD MILLION)
    • MONITORING DEVICES
      • INCREASING ENERGY EFFICIENCY TARGETS AND GROWING SMART GRID AND METERING SYSTEMS ARE DRIVING THE MARKET FOR MONITORING DEVICES
        • Table MONITORING DEVICES MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
        • Table MONITORING DEVICES MARKET SIZE, BY PRODUCT, 2016-2025 (USD MILLION)
    • PROTECTION EQUIPMENT
      • NEED FOR RELIABLE AND SAFE ELECTRICAL DISTRIBUTION SYSTEM IS DRIVING THE PROTECTION EQUIPMENT MARKET
        • Table PROTECTION EQUIPMENT MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
        • Table PROTECTION EQUIPMENT MARKET SIZE, BY PRODUCT, 2016-2025 (USD MILLION)
    • SWITCHING EQUIPMENT
      • NEED FOR CONTINUOUS POWER SUPPLY FOR CRITICAL APPLICATION IS DRIVING THE SWITCHING EQUIPMENT MARKET
        • Table SWITCHING EQUIPMENT MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
        • Table SWITCHING EQUIPMENT MARKET SIZE, BY PRODUCT, 2016-2025 (USD MILLION)
  • LOW VOLTAGE PROTECTION AND CONTROL MARKET, BY END-USER
    • INTRODUCTION
      • Table LOW VOLTAGE PROTECTION & CONTROL MARKET SIZE, BY END-USER, 2016-2025 (USD MILLION)
      • Table INDUSTRIAL LOW VOLTAGE PROTECTION & CONTROL MARKET SIZE, BY END-USER, 2016-2025 (USD MILLION)
      • Table EV CHARGING INDUSTRIAL APPLICATION: LOW VOLTAGE PROTECTION & CONTROL MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
      • Table DATA CENTER INDUSTRIAL APPLICATION: LOW VOLTAGE PROTECTION & CONTROL MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
      • Table SOLAR INDUSTRIAL APPLICATION: LOW VOLTAGE PROTECTION & CONTROL MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
      • Table OIL & GAS INDUSTRIAL APPLICATION: LOW VOLTAGE PROTECTION & CONTROL MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
      • Table WIND INDUSTRIAL APPLICATION: LOW VOLTAGE PROTECTION & CONTROL MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
    • RESIDENTIAL
      • GROWING URBANIZATION AND INCREASING PER CAPITA CONSUMPTION OF ENERGY ARE EXPECTED TO DRIVE THE RESIDENTIAL SECTOR
        • Table RESIDENTIAL: GLOBAL LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
    • COMMERCIAL
      • GROWING RENEWABLE ENERGY INSTALLATION AND ENERGY EFFICIENCY REQUIREMENTS ARE EXPECTED TO DRIVE THE COMMERCIAL SECTOR
        • Table COMMERCIAL: GLOBAL LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
    • INDUSTRIAL
      • GROWING ELECTRIC VEHICLE INFRASTRUCTURE AND DATA CENTER ESTABLISHMENTS ARE EXPECTED TO DRIVE THE INDUSTRIAL SECTOR
        • Table INDUSTRIAL: GLOBAL LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
        • Table INDUSTRIAL MARKET SIZE, BY END-USER, 2016-2025 (USD MILLION)
  • LOW VOLTAGE PROTECTION AND CONTROL MARKET, BY REGION
    • INTRODUCTION
      • Table LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY REGION, 2016-2025 (USD BILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY COUNTRY, 2016-2025 (USD MILLION)
      • Table NORTH AMERICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY PRODUCT, 2016-2025 (USD MILLION)
      • Table NORTH AMERICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY APPLICATION, 2016-2025 (USD MILLION)
      • Table NORTH AMERICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY INDUSTRIAL APPLICATION, 2016-2025 (USD MILLION)
      • US
        • Table US: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • CANADA
        • Table CANADA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • MEXICO
        • Table MEXICO: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY COUNTRY, 2016-2025 (USD MILLION)
      • Table ASIA PACIFIC: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY PRODUCT, 2016-2025 (USD MILLION)
      • Table ASIA PACIFIC: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY APPLICATION, 2016-2025 (USD MILLION)
      • Table ASIA PACIFIC: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY INDUSTRIAL APPLICATION, 2016-2025 (USD MILLION)
      • CHINA
        • Table CHINA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • INDIA
        • Table INDIA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • JAPAN
        • Table JAPAN: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • VIETNAM
        • Table VIETNAM: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • REST OF ASIA PACIFIC
        • Table REST OF ASIA PACIFIC: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
    • EUROPE
      • Table EUROPE: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY COUNTRY, 2016-2025 (USD MILLION)
      • Table EUROPE: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY PRODUCT, 2016-2025 (USD MILLION)
      • Table EUROPE: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY APPLICATION, 2016-2025 (USD MILLION)
      • Table EUROPE: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY INDUSTRIAL APPLICATION, 2016-2025 (USD MILLION)
      • UK
        • Table UK: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • GERMANY
        • Table GERMANY ENERGY EFFICIENCY AND RENEWABLE ENERGY TARGETS, 2020-2050
        • Table GERMANY: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • FRANCE
        • Table FRANCE: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • SPAIN
        • Table SPAIN: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • ITALY
        • Table ITALY: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY COUNTRY, 2016-2025 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY PRODUCT, 2016-2025 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY APPLICATION, 2016-2025 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY INDUSTRIAL APPLICATION, 2016-2025 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • QATAR
        • Table QATAR: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • REST OF THE MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST & AFRICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY COUNTRY, 2016-2025 (USD MILLION)
      • Table SOUTH AMERICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY PRODUCT, 2016-2025 (USD MILLION)
      • Table SOUTH AMERICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY APPLICATION, 2016-2025 (USD MILLION)
      • Table SOUTH AMERICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY INDUSTRIAL APPLICATION, 2016-2025 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: LOW VOLTAGE PROTECTION AND CONTROL MARKET SIZE, BY EQUIPMENT, 2016-2025 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS
    • COMPETITIVE SCENARIO
      • Table DEVELOPMENTS BY KEY PLAYERS IN THE MARKET, 2015-2018
      • NEW PRODUCT LAUNCHES, 2016-2018
      • CONTRACTS & AGREEMENTS, 2016-2017
      • MERGERS & ACQUISITIONS, 2016-2018
      • INVESTMENTS & EXPANSION, 2015-2017
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • INNOVATORS
      • DYNAMIC
      • EMERGING
  • COMPANY PROFILE
    • COMPANY BENCHMARKING
    • ABB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EATON CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • FUJI ELECTRIC CO. LTD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • HITACHI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ROCKWELL AUTOMATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCHNEIDER ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIEMENS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • YASKAWA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • CHINT GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • WEG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • LEGRAND
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • TOSHIBA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • EMERSON
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
  • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • RELATED REPORTS
    • AUTHOR DETAILS

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