Los Angeles, CA -- (SBWIRE) -- 03/26/2019 -- According to IEC 60947, switchgears with rated voltages up to 1000 V ac and 1500 V dc are termed as low voltage (LV) switchgear, and medium voltage (MV) switchgear is ranged from 1000V ac rating up to 36 KV and 40.5 KV in term of IEC 62271.

Asia-Pacific has the largest global export quantity and manufacturers in LV and MV Switchgear market, while the Europe is the second sales volume market for LV and MV Switchgear in 2018.

In the industry, ABB profits most in 2018 and recent years, while Schneider Electric and EATON ranked 2 and 3.The market share of them is 11.39%, 10.69% and 5.93% in 2018.The gap of market share is keep on enlarged due to different strategy.

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The LV and MV Switchgear market was valued at 54600 Million US$ in 2018 and is projected to reach 76200 Million US$ by 2025, at a CAGR of 4.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for LV and MV Switchgear.

This study focuses on the production side and consumption side of LV and MV Switchgear, presents the global LV and MV Switchgear market size by manufacturers, regions, type and application, history breakdown data from 2014 to 2019, and forecast to 2025.

In terms of production side, this report researches the LV and MV Switchgear capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of LV and MV Switchgear by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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This report includes the following manufacturers; we can also add the other companies as you want.

ABB

Schneider Electric

EATON

SIEMENS

Mitsubishi Electric

Fuji Electric

Hyundai Heavy Industries

Toshiba

CHINT

Hyosung

Meidensha Corporation

Wecome

LSIS Co. Ltd.

HEAG

CTCS

Sunrise Group

SHVS

SENTEG

LV and MV Switchgear Market Segment by Product Type

LV Switchgear

MV Switchgear

LV and MV Switchgear Market Segment by Application

Residential

Infrastructure & Utilities

Power Plant

Industries

Data Center

Others

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