Global $19.8 Billion Low Voltage Protection & Control Market Opportunity Outlook (2019-2025) - ResearchAndMarkets.com
The "Low
Voltage Protection and Control Market by Product Type (Protection
Equipment, Switching Equipment, and Monitoring Devices), End-use
(Residential, Commercial, and Industrial (Oil & Gas, EV Charging), and
Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's
offering.
The low voltage protection and control market is estimated to be USD
13.18 billion in 2018 and is projected to reach USD 19.79 billion by
2025, at a CAGR of 5.97% during the forecast period.
Major factors driving the growth of the low voltage protection and
control market include increasing demand for renewable energy sources,
growing per capita consumption of energy, and demand for safe and secure
electrical systems. High costs of monitoring devices and gray market and
the presence of inferior quality products could act as restraints for
the growth of the low voltage protection and control market.
The major players of the low voltage protection and control market are
Schneider Electric (France), ABB (Switzerland), Siemens (Germany), Eaton
(Ireland), and Emerson (US).
The low voltage protection and control market is segmented by product,
end-user, and region. The study covers the key regions of North America,
Asia Pacific, Europe, South America, and the Middle East & Africa. Asia
Pacific is expected to hold the largest market share during the forecast
period. The low voltage protection and control market in the Asia
Pacific region is mainly driven by increasing investments in the
manufacturing sector in Southeast Asia, increasing rural
electrification, and rising focus on the grid modernization.
Market Dynamics
Drivers
-
Growing Per Capita Consumption of Energy
-
Increasing Demand for Renewable Source of Energy
-
Demand for Safe and Secure Electrical Distribution Systems
Restraints
-
High Cost of Monitoring Devices
-
Gray Market and Presence of Inferior Quality Products
Opportunities
-
Growth of EV Charging Infrastructure
-
Growth of Data Centers
Challenges
-
Uncertainty in the Execution of Large Infrastructure Projects
-
Price Competition Among Major Players
Why Buy this Report?
-
The report identifies and addresses key markets for low voltage
protection and control, which would help manufacturers to review the
growth in demand.
-
The report helps system providers understand the pulse of the market
and provides insights into drivers, restraints, opportunities, and
challenges.
-
The report will help key players understand the strategies of their
competitors better and help them in making better strategic decisions.
Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Low Voltage Protection and Control
Market
4.2 Low Voltage Protection and Control Market, By Product
4.3 Low Voltage Protection and Control Market, By End-User
4.4 Low Voltage Protection and Control Market in APAC, By End-User and
Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
6 Low Voltage Protection & Control Market, By Product
6.1 Introduction
6.2 Monitoring Devices
6.2.1 Increasing Energy Efficiency Targets and Growing Smart Grid and
Metering Systems are Driving the Market for Monitoring Devices
6.3 Protection Equipment
6.3.1 Need for Reliable and Safe Electrical Distribution System is
Driving the Protection Equipment Market
6.4 Switching Equipment
6.4.1 Need for Continuous Power Supply for Critical Application is
Driving the Switching Equipment Market
7 Low Voltage Protection and Control Market, By End-User
7.1 Introduction
7.2 Residential
7.2.1 Growing Urbanization and Increasing Per Capita Consumption of
Energy are Expected to Drive the Residential Sector
7.3 Commercial
7.3.1 Growing Renewable Energy Installation and Energy Efficiency
Requirements are Expected to Drive the Commercial Sector
7.4 Industrial
7.4.1 Growing Electric Vehicle Infrastructure and Data Center
Establishments are Expected to Drive the Industrial Sector
8 Low Voltage Protection and Control Market, By Region
8.1 Introduction
8.2 North America
8.3 Asia Pacific
8.4 Europe
8.5 Middle East & Africa
8.6 South America
9 Competitive Landscape
9.1 Overview
9.2 Market Share Analysis
9.3 Competitive Scenario
9.3.1 New Product Launches, 2016-2018
9.3.2 Contracts & Agreements, 2016-2017
9.3.3 Mergers & Acquisitions, 2016-2018
9.3.4 Investments & Expansion, 2015-2017
9.4 Competitive Leadership Mapping
9.4.1 Visionary Leaders
9.4.2 Innovators
9.4.3 Dynamic
9.4.4 Emerging
10 Company Profile
10.1 Company Benchmarking
10.2 ABB
10.3 Eaton Corporation
10.4 Fuji Electric Co. Ltd.
10.5 Hitachi
10.6 Rockwell Automation
10.7 Schneider Electric
10.8 Siemens
10.9 Yaskawa
10.10 Chint Group
10.11 Weg
10.12 Legrand
10.13 Toshiba Corporation
10.14 Emerson
For more information about this report visit https://www.researchandmarkets.com/r/he30r
View source version on businesswire.com: https://www.businesswire.com/news/home/20190521005430/en/
Copyright Business Wire 2019