Energy and Power Low Voltage Protection and Control Market | Page 2

Scope of the Report
This study estimates the global market for low voltage protection and control, in terms of USD,
until 2025. It also offers a detailed qualitative and quantitative analysis of the market. The report
provides a comprehensive review of the major market drivers, restraints, opportunities, and
challenges. It also covers various important aspects of the market. These include analysis of the
competitive landscapes, market dynamics, market estimates, in terms of value, and future trends
in the low voltage protection and control market.
The Asia Pacific region is expected to hold the largest market share for the residential segment
between 2018 and 2025 because China and India are among the top 5 populated countries as
well as the fastest growing economies. On the other hand, these countries have specific
renewable energy aims that support their carbon emission targets which further supports the
implementation of low voltage protection and control equipment.
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protection-control-market-106479341.html
North America is the second largest region, with countries such as the the US, Canada, and
Mexico, that is investing in upgrading its old transmission and distribution infrastructure and
smart grid infrastructure. Also, there is an an increased focus on energy efficiency and emphasis
on carbon reduction which offers opportunities to the major players in the region. This is
expected to boost the market for low voltage protection and control equipment as they would be
intensively used to make the grid reliable and safe for operations.
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