Energy and Power Low Voltage Disconnect Switch Market | Page 2
The market has been segmented into -
On the basis of Application
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Industrial (Utility Infrastructure, Motor Protection, Power Distribution Boards, Photovoltaic
and others)
Commercial
On the basis of Type
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Fused
Non-Fused
On the basis of Mount
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Panel
DIN Rail
Others (Base Mounted and Floor Mounted)
On the basis of Voltage
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0-240V
240-480V
480-690V
On the basis of Region
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North America
South America
Europe
Asia-Pacific
Middle East & Africa
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