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Global LV and MV Switchgear Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

April 2024 | 139 pages | ID: G5A8B0816C20EN
APO Research

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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.

According to APO Research, The global LV and MV Switchgear market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

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.

In terms of production side, this report researches the LV and MV Switchgear production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of LV and MV Switchgear by region (region level and country level), by company, by type and by application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for LV and MV Switchgear, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of LV and MV Switchgear, also provides the consumption of main regions and countries. Of the upcoming market potential for LV and MV Switchgear, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the LV and MV Switchgear sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global LV and MV Switchgear market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for LV and MV Switchgear sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including ABB, Schneider Electric, EATON, Mitsubishi Electric, SIEMENS, Hyundai Heavy Industries, Hyosung, Toshiba and CHINT, etc.

LV and MV Switchgear segment by Company
  • 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
LV and MV Switchgear segment by Type
  • LV Switchgear
  • MV Switchgear
LV and MV Switchgear segment by Application
  • Residential and Commercial Buildings
  • Infrastructure and utilities
  • Power Station
  • Petrochemical
  • Data Center
  • Others
LV and MV Switchgear segment by Region
  • North America
  • United States
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify significant trends, drivers, influence factors in global and regions.

6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global LV and MV Switchgear market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of LV and MV Switchgear and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of LV and MV Switchgear.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the LV and MV Switchgear market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2019-2030).

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global LV and MV Switchgear industry.

Chapter 3: Detailed analysis of LV and MV Switchgear market competition landscape. Including LV and MV Switchgear manufacturers' output value, output and average price from 2019 to 2024, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 7: Production/Production Value of LV and MV Switchgear by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 8: Consumption of LV and MV Switchgear in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global LV and MV Switchgear Production Value Estimates and Forecasts (2019-2030)
  1.2.2 Global LV and MV Switchgear Production Capacity Estimates and Forecasts (2019-2030)
  1.2.3 Global LV and MV Switchgear Production Estimates and Forecasts (2019-2030)
  1.2.4 Global LV and MV Switchgear Market Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives

2 GLOBAL LV AND MV SWITCHGEAR MARKET DYNAMICS

2.1 LV and MV Switchgear Industry Trends
2.2 LV and MV Switchgear Industry Drivers
2.3 LV and MV Switchgear Industry Opportunities and Challenges
2.4 LV and MV Switchgear Industry Restraints

3 LV AND MV SWITCHGEAR MARKET BY MANUFACTURERS

3.1 Global LV and MV Switchgear Production Value by Manufacturers (2019-2024)
3.2 Global LV and MV Switchgear Production by Manufacturers (2019-2024)
3.3 Global LV and MV Switchgear Average Price by Manufacturers (2019-2024)
3.4 Global LV and MV Switchgear Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global LV and MV Switchgear Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global LV and MV Switchgear Manufacturers, Product Type & Application
3.7 Global LV and MV Switchgear Manufacturers Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global LV and MV Switchgear Market CR5 and HHI
  3.8.2 Global Top 5 and 10 LV and MV Switchgear Players Market Share by Production Value in 2023
  3.8.3 2023 LV and MV Switchgear Tier 1, Tier 2, and Tier

4 LV AND MV SWITCHGEAR MARKET BY TYPE

4.1 LV and MV Switchgear Type Introduction
  4.1.1 LV Switchgear
  4.1.2 MV Switchgear
4.2 Global LV and MV Switchgear Production by Type
  4.2.1 Global LV and MV Switchgear Production by Type (2019 VS 2023 VS 2030)
  4.2.2 Global LV and MV Switchgear Production by Type (2019-2030)
  4.2.3 Global LV and MV Switchgear Production Market Share by Type (2019-2030)
4.3 Global LV and MV Switchgear Production Value by Type
  4.3.1 Global LV and MV Switchgear Production Value by Type (2019 VS 2023 VS 2030)
  4.3.2 Global LV and MV Switchgear Production Value by Type (2019-2030)
  4.3.3 Global LV and MV Switchgear Production Value Market Share by Type (2019-2030)

5 LV AND MV SWITCHGEAR MARKET BY APPLICATION

5.1 LV and MV Switchgear Application Introduction
  5.1.1 Residential and Commercial Buildings
  5.1.2 Infrastructure and utilities
  5.1.3 Power Station
  5.1.4 Petrochemical
  5.1.5 Data Center
  5.1.6 Others
5.2 Global LV and MV Switchgear Production by Application
  5.2.1 Global LV and MV Switchgear Production by Application (2019 VS 2023 VS 2030)
  5.2.2 Global LV and MV Switchgear Production by Application (2019-2030)
  5.2.3 Global LV and MV Switchgear Production Market Share by Application (2019-2030)
5.3 Global LV and MV Switchgear Production Value by Application
  5.3.1 Global LV and MV Switchgear Production Value by Application (2019 VS 2023 VS 2030)
  5.3.2 Global LV and MV Switchgear Production Value by Application (2019-2030)
  5.3.3 Global LV and MV Switchgear Production Value Market Share by Application (2019-2030)

6 COMPANY PROFILES

6.1 ABB
  6.1.1 ABB Comapny Information
  6.1.2 ABB Business Overview
  6.1.3 ABB LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.1.4 ABB LV and MV Switchgear Product Portfolio
  6.1.5 ABB Recent Developments
6.2 Schneider Electric
  6.2.1 Schneider Electric Comapny Information
  6.2.2 Schneider Electric Business Overview
  6.2.3 Schneider Electric LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.2.4 Schneider Electric LV and MV Switchgear Product Portfolio
  6.2.5 Schneider Electric Recent Developments
6.3 EATON
  6.3.1 EATON Comapny Information
  6.3.2 EATON Business Overview
  6.3.3 EATON LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.3.4 EATON LV and MV Switchgear Product Portfolio
  6.3.5 EATON Recent Developments
6.4 Mitsubishi Electric
  6.4.1 Mitsubishi Electric Comapny Information
  6.4.2 Mitsubishi Electric Business Overview
  6.4.3 Mitsubishi Electric LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.4.4 Mitsubishi Electric LV and MV Switchgear Product Portfolio
  6.4.5 Mitsubishi Electric Recent Developments
6.5 SIEMENS
  6.5.1 SIEMENS Comapny Information
  6.5.2 SIEMENS Business Overview
  6.5.3 SIEMENS LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.5.4 SIEMENS LV and MV Switchgear Product Portfolio
  6.5.5 SIEMENS Recent Developments
6.6 Hyundai Heavy Industries
  6.6.1 Hyundai Heavy Industries Comapny Information
  6.6.2 Hyundai Heavy Industries Business Overview
  6.6.3 Hyundai Heavy Industries LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.6.4 Hyundai Heavy Industries LV and MV Switchgear Product Portfolio
  6.6.5 Hyundai Heavy Industries Recent Developments
6.7 Hyosung
  6.7.1 Hyosung Comapny Information
  6.7.2 Hyosung Business Overview
  6.7.3 Hyosung LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.7.4 Hyosung LV and MV Switchgear Product Portfolio
  6.7.5 Hyosung Recent Developments
6.8 Toshiba
  6.8.1 Toshiba Comapny Information
  6.8.2 Toshiba Business Overview
  6.8.3 Toshiba LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.8.4 Toshiba LV and MV Switchgear Product Portfolio
  6.8.5 Toshiba Recent Developments
6.9 CHINT
  6.9.1 CHINT Comapny Information
  6.9.2 CHINT Business Overview
  6.9.3 CHINT LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.9.4 CHINT LV and MV Switchgear Product Portfolio
  6.9.5 CHINT Recent Developments
6.10 WECOME INTELLIGENT MANUFACTURING CO.,LTD
  6.10.1 WECOME INTELLIGENT MANUFACTURING CO.,LTD Comapny Information
  6.10.2 WECOME INTELLIGENT MANUFACTURING CO.,LTD Business Overview
  6.10.3 WECOME INTELLIGENT MANUFACTURING CO.,LTD LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.10.4 WECOME INTELLIGENT MANUFACTURING CO.,LTD LV and MV Switchgear Product Portfolio
  6.10.5 WECOME INTELLIGENT MANUFACTURING CO.,LTD Recent Developments
6.11 Fuji Electric
  6.11.1 Fuji Electric Comapny Information
  6.11.2 Fuji Electric Business Overview
  6.11.3 Fuji Electric LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.11.4 Fuji Electric LV and MV Switchgear Product Portfolio
  6.11.5 Fuji Electric Recent Developments
6.12 LSIS
  6.12.1 LSIS Comapny Information
  6.12.2 LSIS Business Overview
  6.12.3 LSIS LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.12.4 LSIS LV and MV Switchgear Product Portfolio
  6.12.5 LSIS Recent Developments
6.13 Sunrise Group
  6.13.1 Sunrise Group Comapny Information
  6.13.2 Sunrise Group Business Overview
  6.13.3 Sunrise Group LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.13.4 Sunrise Group LV and MV Switchgear Product Portfolio
  6.13.5 Sunrise Group Recent Developments
6.14 Shenyang high voltage complete switch co., LTD.
  6.14.1 Shenyang high voltage complete switch co., LTD. Comapny Information
  6.14.2 Shenyang high voltage complete switch co., LTD. Business Overview
  6.14.3 Shenyang high voltage complete switch co., LTD. LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.14.4 Shenyang high voltage complete switch co., LTD. LV and MV Switchgear Product Portfolio
  6.14.5 Shenyang high voltage complete switch co., LTD. Recent Developments
6.15 LANZHOU GREAT WALL ELECTRICAL CO.,LTD
  6.15.1 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Comapny Information
  6.15.2 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Business Overview
  6.15.3 LANZHOU GREAT WALL ELECTRICAL CO.,LTD LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.15.4 LANZHOU GREAT WALL ELECTRICAL CO.,LTD LV and MV Switchgear Product Portfolio
  6.15.5 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Recent Developments
6.16 Huayi Electric Co., Ltd.
  6.16.1 Huayi Electric Co., Ltd. Comapny Information
  6.16.2 Huayi Electric Co., Ltd. Business Overview
  6.16.3 Huayi Electric Co., Ltd. LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.16.4 Huayi Electric Co., Ltd. LV and MV Switchgear Product Portfolio
  6.16.5 Huayi Electric Co., Ltd. Recent Developments
6.17 Meidensha Corporation
  6.17.1 Meidensha Corporation Comapny Information
  6.17.2 Meidensha Corporation Business Overview
  6.17.3 Meidensha Corporation LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  6.17.4 Meidensha Corporation LV and MV Switchgear Product Portfolio
  6.17.5 Meidensha Corporation Recent Developments

7 GLOBAL LV AND MV SWITCHGEAR PRODUCTION BY REGION

7.1 Global LV and MV Switchgear Production by Region: 2019 VS 2023 VS 2030
7.2 Global LV and MV Switchgear Production by Region (2019-2030)
  7.2.1 Global LV and MV Switchgear Production by Region: 2019-2024
  7.2.2 Global LV and MV Switchgear Production by Region (2025-2030)
7.3 Global LV and MV Switchgear Production by Region: 2019 VS 2023 VS 2030
7.4 Global LV and MV Switchgear Production Value by Region (2019-2030)
  7.4.1 Global LV and MV Switchgear Production Value by Region: 2019-2024
  7.4.2 Global LV and MV Switchgear Production Value by Region (2025-2030)
7.5 Global LV and MV Switchgear Market Price Analysis by Region (2019-2024)
7.6 Regional Production Value Trends (2019-2030)
  7.6.1 North America LV and MV Switchgear Production Value (2019-2030)
  7.6.2 Europe LV and MV Switchgear Production Value (2019-2030)
  7.6.3 Asia-Pacific LV and MV Switchgear Production Value (2019-2030)
  7.6.4 Latin America LV and MV Switchgear Production Value (2019-2030)
  7.6.5 Middle East & Africa LV and MV Switchgear Production Value (2019-2030)

8 GLOBAL LV AND MV SWITCHGEAR CONSUMPTION BY REGION

8.1 Global LV and MV Switchgear Consumption by Region: 2019 VS 2023 VS 2030
8.2 Global LV and MV Switchgear Consumption by Region (2019-2030)
  8.2.1 Global LV and MV Switchgear Consumption by Region (2019-2024)
  8.2.2 Global LV and MV Switchgear Consumption by Region (2025-2030)
8.3 North America
  8.3.1 North America LV and MV Switchgear Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  8.3.2 North America LV and MV Switchgear Consumption by Country (2019-2030)
  8.3.3 U.S.
  8.3.4 Canada
8.4 Europe
  8.4.1 Europe LV and MV Switchgear Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  8.4.2 Europe LV and MV Switchgear Consumption by Country (2019-2030)
  8.4.3 Germany
  8.4.4 France
  8.4.5 U.K.
  8.4.6 Italy
  8.4.7 Netherlands
8.5 Asia Pacific
  8.5.1 Asia Pacific LV and MV Switchgear Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  8.5.2 Asia Pacific LV and MV Switchgear Consumption by Country (2019-2030)
  8.5.3 China
  8.5.4 Japan
  8.5.5 South Korea
  8.5.6 Southeast Asia
  8.5.7 India
  8.5.8 Australia
8.6 LAMEA
  8.6.1 LAMEA LV and MV Switchgear Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  8.6.2 LAMEA LV and MV Switchgear Consumption by Country (2019-2030)
  8.6.3 Mexico
  8.6.4 Brazil
  8.6.5 Turkey
  8.6.6 GCC Countries

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS

9.1 LV and MV Switchgear Value Chain Analysis
  9.1.1 LV and MV Switchgear Key Raw Materials
  9.1.2 Raw Materials Key Suppliers
  9.1.3 Manufacturing Cost Structure
  9.1.4 LV and MV Switchgear Production Mode & Process
9.2 LV and MV Switchgear Sales Channels Analysis
  9.2.1 Direct Comparison with Distribution Share
  9.2.2 LV and MV Switchgear Distributors
  9.2.3 LV and MV Switchgear Customers

10 CONCLUDING INSIGHTS

11 APPENDIX

11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
  11.5.1 Secondary Sources
  11.5.2 Primary Sources
11.6 Disclaimer


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