Low Voltage (LV) and Medium Voltage (MV) Switchgear Market - Increasing Demand from Power and Utilities Sectors to Boost Sales
The global low voltage (LV) and medium voltage (MV) switchgear market is characterized by intense price-based competition. As per a new study by Transparency Market Research (TMR), competition is expected to intensify further as local players aim for a larger presence in developed markets by providing affordable and efficient LV and MV switchgear. In Asia Pacific, which is an attractive market for LV and MV switchgear, Schneider Electric SE held a dominant share of 16.1% in terms of value in...
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