Energy and Power Low Voltage Disconnect Switch Market

Low Voltage Disconnect Switch Market Insights Global Briefing by Experts 2016 to 2021 The global low voltage disconnect switch market is projected to reach USD 3.51 Billion by 2021 from an estimated value of USD 2.81 Billion in 2016. The growing worldwide transmission and distribution expenditure, growing infrastructural and industrial developmental activities, along with growing safety concerns would propel the market for low voltage disconnect switches. These factors are expected to drive the growth of the low voltage disconnect switch market. To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the low voltage disconnect switch market such as ABB Ltd. (Switzerland); Eaton Corporation (Ireland); Socomec (France); General Electric (U.S.); Siemens AG (Germany); Schneider Electric SA (France); Salzer Electronics Limited (India) among others. Leading players are adopting strategies to penetrate untapped markets in order to maintain their market share in the industry. Download PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownload.asp?id=27805841 Scope of the Report: • • • • This study estimates the global market of low voltage disconnect switch, in terms of dollar value, till 2021 It offers a detailed qualitative and quantitative analysis of this market It provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market It covers various important aspects of the market. These include analysis of value chain, Porter’s Five Forces model, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the low voltage disconnect switch market. To speak to our analyst for a discussion on the above findings, click https://www.marketsandmarkets.com/speaktoanalyst.asp?id=27805841 The demand for electricity is increasing in developed nations in North America and Europe as well as in fast-growing economies in the Asia-Pacific. Generation, transmission, and distribution are increasing at a good pace which has led to the growth in sales of associated components, such as switchgear, circuit breakers and disconnect switches. The market for low voltage disconnect switches is growing at a healthy rate especially in developing countries, where the transmission and distribution industry is in the growth stage.