LV And MV Switchgear Market
LV And MV Switchgear Market - Global Industry Assessment & Forecast
#
Pages:
187
2022
Nov - 2023
VMR-VMR-2021-0925
Segments Covered
By
Product Less than 1kV, 1kV - 5kV, 6kV - 15kV, 17kV - 27kV, 28kV - 40kV
-
By
Components Circuit Breakers, Relays, Bus Bars and Switches, Others(Enclosure, Isolators, Fuses)
-
By
Insulation Air Insulated Switchgear, Gas Insulated Switchgear, Others(Oil and Solid)
-
By
Installation Indoor, Outdoor
-
By
End Use Automotive, IT and Telecommunication, Energy & Utility, Metals & Mining, Food & Beverages, Chemicals, Oil & Gas, Building & Construction, Others(Water & Waste water,Textile)
-
By
Region North America, Europe, Asia pacific, Latin America, Middle east & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 51.48 Billion |
 Revenue 2030:
|
USD 76.52 Billion |
 Revenue CAGR
(2023 - 2030): |
5.1% |
Fastest Growing Region (2023 -
2030)
|
North America |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: LV And MV Switchgear Market by Product by Components by Insulation by Installation by End Use by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for LV And MV Switchgear in terms of revenue?
-
The global LV And MV Switchgear valued at USD 51.48 Billion in 2022 and is expected to reach USD 76.52 Billion in 2030 growing at a CAGR of 5.1%.
Which are the prominent players in the market?
-
The prominent players in the market are Toshiba, ABB, SENTEG, Eaton, Mitsubishi, HYUNDAI, GE, Fuji, Schneider, Siemens..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.1% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the LV And MV Switchgear include
- Growing investments in renewable energy infrastructure
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the LV And MV Switchgear in 2022.
