Energy and Power Low Voltage Disconnect Switch Market

Low Voltage Disconnect Switch Market Analysis by
Demands, Applications, Benefits and Top Vendors 2018
The report "Low Voltage Disconnect Switch Market by Type (Fused & Non-Fused), by Mount
(Panel, DIN Rail, & Others), by Voltage (0-240 V, 240- 480 V, 480-690 V), by Application
(Industrial & Commercial) & by Region - Global Trends & Forecasts to 2021", The report
defines and segments the low voltage disconnect switch market with analysis and forecast of the
global market size of the low voltage disconnect switch market by application, type, mount, and
voltage range. The low voltage disconnect switch market is expected to grow from an estimated
USD 2.81 Billion in 2016 to 3.51 Billion by 2021 at a projected CAGR of 4.5%. The market is driven
by the increase in transmission and distribution spending, growth in industrialization and
urbanization, and increasing safety concerns.
Browse 61 market data Tables and 42 Figures spread through 167 Pages and in -depth TOC
on "Low Voltage Disconnect Switch Market - Global Trends & Forecasts to 2021"
The industrial application segment is growing at the highest pace in the low voltage
disconnect switch market
The market has been segmented based on application, type, mount, voltage, and region. The
application segment is sub-segmented into industrial and commercial segments. The industrial
segment is estimated to see high growth during the forecast period. The growth is attributed to
the expanding transmission and distribution networks around the globe with a huge percentage
being invested on T&D lines. This expanding network provides an opportunity for assoc iated
component manufacturers to grow at a good growth rate.
Increasing preference for non-fused type low voltage disconnect switch
The reports segments the global market based on its type; non-fused and fused. Non-fused
switches are estimated to lead the market. This growth is majorly driven by the Asia-Pacific which
has seen rapid industrialization in two of its fastest growing economies, China and India. The
market for fused disconnect switches is declining as they are being replaced by non -fused
disconnect switches due to the use of other protection devices along with disconnect switches.