|
(MoneyNewsWire.Net, January 05, 2016 ) Global LV and MV Switchgear Market 2016-2020 Size and Share Published in 2015-12-23 Available for US$ 2500 at Researchmoz.us
Description
Technavios research analyst predicts the global LV and MV switchgear market to grow steadily at a CAGR of around 10% during the forecast period. Expansion and renovation of T&D projects globally are the primary growth drivers for this market. The growing demand for electricity has resulted in a manifold increase in the number of new T&D setups.
Currently, the market is witnessing a shift from conventional to innovative modular switchgear devices. The conventional air-insulated switchgear (AIS) consists of components such as circuit breakers, disconnectors, and current transformers that are difficult to install as they require individual installation spaces. On the other hand, modular switchgear integrates all the functions into the breaking chamber of the circuit breaker. Further product innovation and ease of installation are likely to provide a significant impetus to this market over the next four years.
Download Sample of this Report at: http://www.researchmoz.us/enquiry.php?type=S&repid=499674
Product segmentation and analysis of the LV and MV switchgear market
LV switchgear
MV switchgear
The LV switchgear segment dominated the market in 2015. Aging infrastructure, capacity expansion, and demand for energy-efficient switchgear are the main factors fueling the demand for LV switchgear among consumers. LV switchgear has a load-bearing capacity of less than 1.1 kV, and it is used in infrastructure, power and energy, T&D, and other industrial, commercial, and residential sectors. In addition, the affordable pricing of LV switchgear makes it a preferred choice among end-users.
Segmentation by end-users and analysis of the LV and MV switchgear market
Power utilities
Industrial sector
Residential sector
Commercial and infrastructure sector
The power utility segment accounted for almost 34% of the market share during 2015. The demand for electricity owing to an increase in industrialization and urbanization in developing countries will continue to drive the market for LV and MV switchgear in power utilities.
Geographical segmentation and analysis of the LV and MV switchgear market
APAC
North America
Europe
ROW
The increased scale of power grid construction and the expansion of renewable energy capacity in the emerging countries of the APAC region has increased the sale and future demand for switchgear. It is expected to have a positive impact on the growth of the LV and MV switchgear market during the forecast period.
Competitive landscape and key vendors
The global LV and MV switchgear market is capital-intensive with the presence of many global and local manufacturers. The vendors in the market compete on the basis of price, quality, innovation, service, distribution, and customization.
The leading vendors in the market are -
ABB
Alstom
Eaton
Schneider Electric
Siemens
Other prominent vendors in the market include BHEL, Crompton Greaves, Hyosung Power and Industrial Systems, Mitsubishi Electric, OJSC Power, and Xian XD.
Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global LV and MV switchgear market?
What are the key market trends impacting the growth of the LV and MV switchgear market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global LV and MV switchgear market?
Trending factors influencing the market shares of the APAC, North America, Europe, and the ROW.
What are the key outcomes of the five forces analysis of LV and MV switchgear market?
Technavio also offers customization on reports based on specific client requirement.
Related reports:
GlobalSwitchgearMarket 2015-2019
SwitchgearMarket in China 2015-2019
Global Gas InsulatedSwitchgearMarket 2014-2018
Global Low VoltageSwitchgearMarket 2014-2018
Make an Enquiry: http://www.researchmoz.us/enquiry.php?type=E&repid=499674
Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Five forces analysis
PART 06: Global LV and MV switchgear market by voltage
Global LV switchgear market
Global MV switchgear market
Browse All Machinery Market Research Reports at http://www.researchmoz.us/machinery-market-reports-169.html
About ResearchMoz
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives.
Contact Us:
ResearchMoz
Mr. Nachiket Ghumare, +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
sales@researchmoz.us <||>rnhttp://www.researchmoz.us/
Researchmoz Global Pvt.Ltd
Researchmoz
+1-518-621-2074
sales@researchmoz.us
Source: EmailWire.Com 
|
