Energy and Power Low Voltage Protection and Control Market

Why Should You Know The Growth of Low Voltage
Protection and Control Market
The global low voltage protection and control market is expected to grow from an estimated
USD 13.2 billion in 2018 to USD 19.8 billion by 2025, at a CAGR of 5.97%. The growth of this
market is driven by the increasing demand for renewable energy sources, growing per capita
consumption of energy, and demand for safe and secure electrical systems.
The global low voltage protection and control market is dominated by few major players that
have a wide regional presence. The leading players in the low voltage protection and control
market are Schneider Electric (France), ABB (Switzerland), Siemens (Germany), Eaton (Ireland), and
Emerson(US).
The major strategies adopted by the players include new product launches, investments &
expansions, mergers & acquisitions, contracts & agreements, partnerships, and collab oration.
Mergers & acquisitions was the most commonly adopted strategy from August 2015 to
November 2018. These industry players also adopted contracts & agreements and new product
launches as major strategies during that period.
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Key Questions addressed by the report
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The report identifies and addresses key markets for low voltage protection and control,
which would help manufacturers review the growth in demand.
The report helps system providers understand the pulse of the market and provides
insights into drivers, restraints, opportunities, and challenges.
The report will help key players understand the strategies of their competitors better and
make better strategic decisions.
The report addresses the market share analysis of key players in low voltage protection
and control market, and with the help of this, companies can enhance their revenues in the
respective market.
The report provides insights about emerging geographies for low voltage protection and
control market, and hence, the entire market ecosystem can gain competitive advantage
from such insights.
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