Energy and Power Low Voltage Disconnect Switch Market | Page 2

The Asia-Pacific region dominates the low voltage disconnect switch market and is estimated to grow at a good pace in the next five years. The growth is attributed to the increase in transmission and distribution activities in China, India, Malaysia, Australia, and Thailand. North America and Europe stood at the second and third position, respectively, in terms of market size, in the global low voltage disconnect switch market. Get Sample Copy of Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=27805841 Asia-Pacific is estimated to be the global leader in the low voltage disconnect switch market, by value, for the next five years. China alone accounted for a major share of the global market in 2015. Massive T&D network expansion and industrialization projects in countries such as India and China are the main reasons for the growth of the low voltage disconnect switch market in the region. China not only holds the majority share but is also the fastest growing market. India is also adopting smart grid and substation automation projects, which are further increasing the demand for low voltage disconnect switches. Apart from China and India, countries such as South Korea and Japan are also expected to grow at a good pace. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for de eper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 [email protected]