Low voltage switchgear is a metal-enclosed switchgear, corresponding to high-voltage switchgear, suitable for AC three-phase power systems of 0.4kV and below. Low-voltage switchgear cabinets (LVSG) are intended for completing the panels for receiving and distributing the electrical energy, as well as for the protection against overloads and short-circuit currents in three-phase electrical grids with dead-earthed neutral in four-wire and five-wire versions of three-phase alternating current with a frequency of 50 Hz and voltage up to 1000 V. The low-voltage switchgear is structurally fixed and withdrawable. The fixed low-voltage switchgear can meet the requirements of each electrical component being reliably fixed in the determined position in the cabinet. The shape of the cabinet is generally a cube, such as a screen type, a box type, etc. There are also prismatic bodies such as a desktop. This kind of cabinet has a single row and an arrangement. The withdrawable low-voltage switchgear is composed of a fixed cabinet and a movable device part equipped with main electrical components such as switches. The movable part should be lightly moved when it is moved, and the positioning should be reliable after moving in, and the drawers of the same type and specification can reliably interact with each other. The processing method of the cabinet in the withdrawable type is basically similar to that in the fixed type.
According to our (Global Info Research) latest study, the global Low Voltage Switchgear Cabinet (LVSG) market size was valued at USD 1593.8 million in 2022 and is forecast to a readjusted size of USD 2127.3 million by 2029 with a CAGR of 4.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of low voltage switchgear cabinet include Schneider Electric, Eaton, ABB, etc. The top five players hold a share over 60%. Europe is the largest market, has a share about 24%, followed by Asia-Pacific and North America, with share 23% and 22%, separately.
This report is a detailed and comprehensive analysis for global Low Voltage Switchgear Cabinet (LVSG) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by LV Standard and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Low Voltage Switchgear Cabinet (LVSG) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Low Voltage Switchgear Cabinet (LVSG) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Low Voltage Switchgear Cabinet (LVSG) market size and forecasts, by LV Standard and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Low Voltage Switchgear Cabinet (LVSG) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Low Voltage Switchgear Cabinet (LVSG)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Low Voltage Switchgear Cabinet (LVSG) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schneider Electric, Eaton, ABB, Mitsubishi Electric Corporation and Siemens, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Low Voltage Switchgear Cabinet (LVSG) market is split by LV Standard and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by LV Standard, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by LV Standard
ANSI LVSG
IEC LVSG
UL 1588 LVSG
UL LV Switchboards
Market segment by Application
Power Plant
Oil & Gas
Cement Building
Mining
DC
Wind Power
Others
Major players covered
Schneider Electric
Eaton
ABB
Mitsubishi Electric Corporation
Siemens
Vertiv
Anord Mardix
CHINT
Powell Industries
Alfanar
Zhezhong Electric
Hyosung Heavy Industries
Jiangsu Daye
Senyuan Electric
LS Electric
Hyundai Electric
Beijing SIFANG
Jinguan Electric
Kongsberg
ESS Metron
Wetown
SAI Advanced Power Solutions
HONGFA
Shanghai Liangxin
Anhui Xinlong
Industrial Electric Mfg
Myers Power Products
Shijiazhuang Kelin Electric
Hainan Jinpan Smart Technology
Ziquan Energy
Chongqing Wangbian Electric
Guangdong Mingyang
Electric
Jiangsu Huachen Transformer
Hoymiles Power Electronics
Guangzhou Baiyun Electric Equipment
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Low Voltage Switchgear Cabinet (LVSG) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Low Voltage Switchgear Cabinet (LVSG), with price, sales, revenue and global market share of Low Voltage Switchgear Cabinet (LVSG) from 2018 to 2023.
Chapter 3, the Low Voltage Switchgear Cabinet (LVSG) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Low Voltage Switchgear Cabinet (LVSG) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by LV Standard and application, with sales market share and growth rate by lv standard, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Low Voltage Switchgear Cabinet (LVSG) market forecast, by regions, lv standard and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Low Voltage Switchgear Cabinet (LVSG).
Chapter 14 and 15, to describe Low Voltage Switchgear Cabinet (LVSG) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Low Voltage Switchgear Cabinet (LVSG). Industry analysis & Market Report on Low Voltage Switchgear Cabinet (LVSG) is a syndicated market report, published as Global Low Voltage Switchgear Cabinet (LVSG) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Low Voltage Switchgear Cabinet (LVSG) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.