Energy and Power Low Voltage Disconnect Switch Market1

Low Voltage Disconnect Switch Market Key Players: ABB Ltd, Eaton Corporation, Socomec 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) amo ng 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 The global low voltage disconnect switch market is segmented based on type into fused and non-fused switches. The market has been segmented on the basis of mounting techniques into panel mounted, DIN rail mounted, and others, where others include base mounted and floor mounted. The market is further segmented by voltage into 0-240V, 240-480V, and 480-690V. The major applications covered in this report are industrial and commercial applications. Industrial applications are further sub-segmented into utility infrastructure, motor protection, photovoltaic (PV), distribution boards, and others, where others include infrastructure and transportation. Regions considered are North America, South America, Europe, the Asia-Pacific, and Middle East & Africa. 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.