Report Detail

Electronics & Semiconductor Global LV and MV Switchgear Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

  • RnM2772717
  • |
  • 11 January, 2024
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  • Global
  • |
  • 139 Pages
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  • GIR (Global Info Research)
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  • Electronics & Semiconductor

According to our (Global Info Research) latest study, the global LV and MV Switchgear market size was valued at USD 59380 million in 2023 and is forecast to a readjusted size of USD 84490 million by 2030 with a CAGR of 5.2% during review period.
In general, switchgears are the switching devices that form the backbone of modern electrical distribution systems. 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.
The main global LV and MV Switchgear manufacturers include ABB, Schneider Electric, EATON, Mitsubishi Electric, SIEMENS, etc. The top five LV and MV Switchgear manufacturers account for approximately 23% of the total global market. China is the largest consumer market for LV and MV Switchgear, accounting for about 26%, followed by Europe and North America. In terms of product, MV switchgear is the largest segment, with a share about 59%. And in terms of application, the largest application is Residential and Commercial Buildings, followed by Infrastructure and utilities.
The Global Info Research report includes an overview of the development of the LV and MV Switchgear industry chain, the market status of Residential and Commercial Buildings (LV Switchgear, MV Switchgear), Infrastructure and utilities (LV Switchgear, MV Switchgear), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of LV and MV Switchgear.
Regionally, the report analyzes the LV and MV Switchgear markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global LV and MV Switchgear market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the LV and MV Switchgear market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the LV and MV Switchgear industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., LV Switchgear, MV Switchgear).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the LV and MV Switchgear market.
Regional Analysis: The report involves examining the LV and MV Switchgear market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the LV and MV Switchgear market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to LV and MV Switchgear:
Company Analysis: Report covers individual LV and MV Switchgear manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards LV and MV Switchgear This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential and Commercial Buildings, Infrastructure and utilities).
Technology Analysis: Report covers specific technologies relevant to LV and MV Switchgear. It assesses the current state, advancements, and potential future developments in LV and MV Switchgear areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the LV and MV Switchgear market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
LV and MV Switchgear market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
LV Switchgear
MV Switchgear
Market segment by Application
Residential and Commercial Buildings
Infrastructure and utilities
Power Station
Petrochemical
Data Center
Others
Major players covered
ABB
Schneider Electric
EATON
Mitsubishi Electric
SIEMENS
Hyundai Heavy Industries
Hyosung
Toshiba
CHINT
WECOME INTELLIGENT MANUFACTURING CO.,LTD
Fuji Electric
LSIS
Sunrise Group
Shenyang high voltage complete switch co., LTD.
LANZHOU GREAT WALL ELECTRICAL CO.,LTD
Huayi Electric Co., Ltd.
Meidensha Corporation
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe LV and MV Switchgear product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of LV and MV Switchgear, with price, sales, revenue and global market share of LV and MV Switchgear from 2019 to 2024.
Chapter 3, the LV and MV Switchgear competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the LV and MV Switchgear breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and LV and MV Switchgear market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of LV and MV Switchgear.
Chapter 14 and 15, to describe LV and MV Switchgear sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of LV and MV Switchgear
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global LV and MV Switchgear Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 LV Switchgear
    • 1.3.3 MV Switchgear
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global LV and MV Switchgear Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Residential and Commercial Buildings
    • 1.4.3 Infrastructure and utilities
    • 1.4.4 Power Station
    • 1.4.5 Petrochemical
    • 1.4.6 Data Center
    • 1.4.7 Others
  • 1.5 Global LV and MV Switchgear Market Size & Forecast
    • 1.5.1 Global LV and MV Switchgear Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global LV and MV Switchgear Sales Quantity (2019-2030)
    • 1.5.3 Global LV and MV Switchgear Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 ABB
    • 2.1.1 ABB Details
    • 2.1.2 ABB Major Business
    • 2.1.3 ABB LV and MV Switchgear Product and Services
    • 2.1.4 ABB LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 ABB Recent Developments/Updates
  • 2.2 Schneider Electric
    • 2.2.1 Schneider Electric Details
    • 2.2.2 Schneider Electric Major Business
    • 2.2.3 Schneider Electric LV and MV Switchgear Product and Services
    • 2.2.4 Schneider Electric LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Schneider Electric Recent Developments/Updates
  • 2.3 EATON
    • 2.3.1 EATON Details
    • 2.3.2 EATON Major Business
    • 2.3.3 EATON LV and MV Switchgear Product and Services
    • 2.3.4 EATON LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 EATON Recent Developments/Updates
  • 2.4 Mitsubishi Electric
    • 2.4.1 Mitsubishi Electric Details
    • 2.4.2 Mitsubishi Electric Major Business
    • 2.4.3 Mitsubishi Electric LV and MV Switchgear Product and Services
    • 2.4.4 Mitsubishi Electric LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Mitsubishi Electric Recent Developments/Updates
  • 2.5 SIEMENS
    • 2.5.1 SIEMENS Details
    • 2.5.2 SIEMENS Major Business
    • 2.5.3 SIEMENS LV and MV Switchgear Product and Services
    • 2.5.4 SIEMENS LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 SIEMENS Recent Developments/Updates
  • 2.6 Hyundai Heavy Industries
    • 2.6.1 Hyundai Heavy Industries Details
    • 2.6.2 Hyundai Heavy Industries Major Business
    • 2.6.3 Hyundai Heavy Industries LV and MV Switchgear Product and Services
    • 2.6.4 Hyundai Heavy Industries LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Hyundai Heavy Industries Recent Developments/Updates
  • 2.7 Hyosung
    • 2.7.1 Hyosung Details
    • 2.7.2 Hyosung Major Business
    • 2.7.3 Hyosung LV and MV Switchgear Product and Services
    • 2.7.4 Hyosung LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Hyosung Recent Developments/Updates
  • 2.8 Toshiba
    • 2.8.1 Toshiba Details
    • 2.8.2 Toshiba Major Business
    • 2.8.3 Toshiba LV and MV Switchgear Product and Services
    • 2.8.4 Toshiba LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Toshiba Recent Developments/Updates
  • 2.9 CHINT
    • 2.9.1 CHINT Details
    • 2.9.2 CHINT Major Business
    • 2.9.3 CHINT LV and MV Switchgear Product and Services
    • 2.9.4 CHINT LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 CHINT Recent Developments/Updates
  • 2.10 WECOME INTELLIGENT MANUFACTURING CO.,LTD
    • 2.10.1 WECOME INTELLIGENT MANUFACTURING CO.,LTD Details
    • 2.10.2 WECOME INTELLIGENT MANUFACTURING CO.,LTD Major Business
    • 2.10.3 WECOME INTELLIGENT MANUFACTURING CO.,LTD LV and MV Switchgear Product and Services
    • 2.10.4 WECOME INTELLIGENT MANUFACTURING CO.,LTD LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 WECOME INTELLIGENT MANUFACTURING CO.,LTD Recent Developments/Updates
  • 2.11 Fuji Electric
    • 2.11.1 Fuji Electric Details
    • 2.11.2 Fuji Electric Major Business
    • 2.11.3 Fuji Electric LV and MV Switchgear Product and Services
    • 2.11.4 Fuji Electric LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Fuji Electric Recent Developments/Updates
  • 2.12 LSIS
    • 2.12.1 LSIS Details
    • 2.12.2 LSIS Major Business
    • 2.12.3 LSIS LV and MV Switchgear Product and Services
    • 2.12.4 LSIS LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 LSIS Recent Developments/Updates
  • 2.13 Sunrise Group
    • 2.13.1 Sunrise Group Details
    • 2.13.2 Sunrise Group Major Business
    • 2.13.3 Sunrise Group LV and MV Switchgear Product and Services
    • 2.13.4 Sunrise Group LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Sunrise Group Recent Developments/Updates
  • 2.14 Shenyang high voltage complete switch co., LTD.
    • 2.14.1 Shenyang high voltage complete switch co., LTD. Details
    • 2.14.2 Shenyang high voltage complete switch co., LTD. Major Business
    • 2.14.3 Shenyang high voltage complete switch co., LTD. LV and MV Switchgear Product and Services
    • 2.14.4 Shenyang high voltage complete switch co., LTD. LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 Shenyang high voltage complete switch co., LTD. Recent Developments/Updates
  • 2.15 LANZHOU GREAT WALL ELECTRICAL CO.,LTD
    • 2.15.1 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Details
    • 2.15.2 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Major Business
    • 2.15.3 LANZHOU GREAT WALL ELECTRICAL CO.,LTD LV and MV Switchgear Product and Services
    • 2.15.4 LANZHOU GREAT WALL ELECTRICAL CO.,LTD LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.15.5 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Recent Developments/Updates
  • 2.16 Huayi Electric Co., Ltd.
    • 2.16.1 Huayi Electric Co., Ltd. Details
    • 2.16.2 Huayi Electric Co., Ltd. Major Business
    • 2.16.3 Huayi Electric Co., Ltd. LV and MV Switchgear Product and Services
    • 2.16.4 Huayi Electric Co., Ltd. LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.16.5 Huayi Electric Co., Ltd. Recent Developments/Updates
  • 2.17 Meidensha Corporation
    • 2.17.1 Meidensha Corporation Details
    • 2.17.2 Meidensha Corporation Major Business
    • 2.17.3 Meidensha Corporation LV and MV Switchgear Product and Services
    • 2.17.4 Meidensha Corporation LV and MV Switchgear Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.17.5 Meidensha Corporation Recent Developments/Updates

3 Competitive Environment: LV and MV Switchgear by Manufacturer

  • 3.1 Global LV and MV Switchgear Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global LV and MV Switchgear Revenue by Manufacturer (2019-2024)
  • 3.3 Global LV and MV Switchgear Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of LV and MV Switchgear by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 LV and MV Switchgear Manufacturer Market Share in 2023
    • 3.4.2 Top 6 LV and MV Switchgear Manufacturer Market Share in 2023
  • 3.5 LV and MV Switchgear Market: Overall Company Footprint Analysis
    • 3.5.1 LV and MV Switchgear Market: Region Footprint
    • 3.5.2 LV and MV Switchgear Market: Company Product Type Footprint
    • 3.5.3 LV and MV Switchgear Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global LV and MV Switchgear Market Size by Region
    • 4.1.1 Global LV and MV Switchgear Sales Quantity by Region (2019-2030)
    • 4.1.2 Global LV and MV Switchgear Consumption Value by Region (2019-2030)
    • 4.1.3 Global LV and MV Switchgear Average Price by Region (2019-2030)
  • 4.2 North America LV and MV Switchgear Consumption Value (2019-2030)
  • 4.3 Europe LV and MV Switchgear Consumption Value (2019-2030)
  • 4.4 Asia-Pacific LV and MV Switchgear Consumption Value (2019-2030)
  • 4.5 South America LV and MV Switchgear Consumption Value (2019-2030)
  • 4.6 Middle East and Africa LV and MV Switchgear Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global LV and MV Switchgear Sales Quantity by Type (2019-2030)
  • 5.2 Global LV and MV Switchgear Consumption Value by Type (2019-2030)
  • 5.3 Global LV and MV Switchgear Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global LV and MV Switchgear Sales Quantity by Application (2019-2030)
  • 6.2 Global LV and MV Switchgear Consumption Value by Application (2019-2030)
  • 6.3 Global LV and MV Switchgear Average Price by Application (2019-2030)

7 North America

  • 7.1 North America LV and MV Switchgear Sales Quantity by Type (2019-2030)
  • 7.2 North America LV and MV Switchgear Sales Quantity by Application (2019-2030)
  • 7.3 North America LV and MV Switchgear Market Size by Country
    • 7.3.1 North America LV and MV Switchgear Sales Quantity by Country (2019-2030)
    • 7.3.2 North America LV and MV Switchgear Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe LV and MV Switchgear Sales Quantity by Type (2019-2030)
  • 8.2 Europe LV and MV Switchgear Sales Quantity by Application (2019-2030)
  • 8.3 Europe LV and MV Switchgear Market Size by Country
    • 8.3.1 Europe LV and MV Switchgear Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe LV and MV Switchgear Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific LV and MV Switchgear Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific LV and MV Switchgear Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific LV and MV Switchgear Market Size by Region
    • 9.3.1 Asia-Pacific LV and MV Switchgear Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific LV and MV Switchgear Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America LV and MV Switchgear Sales Quantity by Type (2019-2030)
  • 10.2 South America LV and MV Switchgear Sales Quantity by Application (2019-2030)
  • 10.3 South America LV and MV Switchgear Market Size by Country
    • 10.3.1 South America LV and MV Switchgear Sales Quantity by Country (2019-2030)
    • 10.3.2 South America LV and MV Switchgear Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa LV and MV Switchgear Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa LV and MV Switchgear Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa LV and MV Switchgear Market Size by Country
    • 11.3.1 Middle East & Africa LV and MV Switchgear Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa LV and MV Switchgear Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 LV and MV Switchgear Market Drivers
  • 12.2 LV and MV Switchgear Market Restraints
  • 12.3 LV and MV Switchgear Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of LV and MV Switchgear and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of LV and MV Switchgear
  • 13.3 LV and MV Switchgear Production Process
  • 13.4 LV and MV Switchgear Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 LV and MV Switchgear Typical Distributors
  • 14.3 LV and MV Switchgear Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on LV and MV Switchgear . Industry analysis & Market Report on LV and MV Switchgear is a syndicated market report, published as Global LV and MV Switchgear Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of LV and MV Switchgear market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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