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LV and MV Switchgear Industry Research Report 2024

April 2024 | 139 pages | ID: L10DF9F20D00EN
APO Research

US$ 2,950.00

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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 was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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.

Report Scope

This report aims to provide a comprehensive presentation of the global market for LV and MV Switchgear, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LV and MV Switchgear.

The report will help the LV and MV Switchgear manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The LV and MV Switchgear market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global LV and MV Switchgear market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • 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
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Detailed analysis of LV and MV Switchgear manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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 5: Production/output, value of LV and MV Switchgear by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 6: 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 11: The main points and conclusions of the report.

Chapter 11: The main points and conclusions of the report.
1 PREFACE

1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
  1.5.1 Secondary Sources
  1.5.2 Primary Sources

2 MARKET OVERVIEW

2.1 Product Definition
2.2 LV and MV Switchgear by Type
  2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
  2.2.2 LV Switchgear
  2.2.3 MV Switchgear
2.3 LV and MV Switchgear by Application
  2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
  2.3.2 Residential and Commercial Buildings
  2.3.3 Infrastructure and utilities
  2.3.4 Power Station
  2.3.5 Petrochemical
  2.3.6 Data Center
  2.3.7 Others
2.4 Global Market Growth Prospects
  2.4.1 Global LV and MV Switchgear Production Value Estimates and Forecasts (2019-2030)
  2.4.2 Global LV and MV Switchgear Production Capacity Estimates and Forecasts (2019-2030)
  2.4.3 Global LV and MV Switchgear Production Estimates and Forecasts (2019-2030)
  2.4.4 Global LV and MV Switchgear Market Average Price (2019-2030)

3 MARKET COMPETITIVE LANDSCAPE BY MANUFACTURERS

3.1 Global LV and MV Switchgear Production by Manufacturers (2019-2024)
3.2 Global LV and MV Switchgear Production Value 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, Date of Enter into This Industry
3.8 Global LV and MV Switchgear Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition

4 MANUFACTURERS PROFILED

4.1 ABB
  4.1.1 ABB LV and MV Switchgear Company Information
  4.1.2 ABB LV and MV Switchgear Business Overview
  4.1.3 ABB LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.1.4 ABB Product Portfolio
  4.1.5 ABB Recent Developments
4.2 Schneider Electric
  4.2.1 Schneider Electric LV and MV Switchgear Company Information
  4.2.2 Schneider Electric LV and MV Switchgear Business Overview
  4.2.3 Schneider Electric LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.2.4 Schneider Electric Product Portfolio
  4.2.5 Schneider Electric Recent Developments
4.3 EATON
  4.3.1 EATON LV and MV Switchgear Company Information
  4.3.2 EATON LV and MV Switchgear Business Overview
  4.3.3 EATON LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.3.4 EATON Product Portfolio
  4.3.5 EATON Recent Developments
4.4 Mitsubishi Electric
  4.4.1 Mitsubishi Electric LV and MV Switchgear Company Information
  4.4.2 Mitsubishi Electric LV and MV Switchgear Business Overview
  4.4.3 Mitsubishi Electric LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.4.4 Mitsubishi Electric Product Portfolio
  4.4.5 Mitsubishi Electric Recent Developments
4.5 SIEMENS
  4.5.1 SIEMENS LV and MV Switchgear Company Information
  4.5.2 SIEMENS LV and MV Switchgear Business Overview
  4.5.3 SIEMENS LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.5.4 SIEMENS Product Portfolio
  4.5.5 SIEMENS Recent Developments
4.6 Hyundai Heavy Industries
  4.6.1 Hyundai Heavy Industries LV and MV Switchgear Company Information
  4.6.2 Hyundai Heavy Industries LV and MV Switchgear Business Overview
  4.6.3 Hyundai Heavy Industries LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.6.4 Hyundai Heavy Industries Product Portfolio
  4.6.5 Hyundai Heavy Industries Recent Developments
4.7 Hyosung
  4.7.1 Hyosung LV and MV Switchgear Company Information
  4.7.2 Hyosung LV and MV Switchgear Business Overview
  4.7.3 Hyosung LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.7.4 Hyosung Product Portfolio
  4.7.5 Hyosung Recent Developments
4.8 Toshiba
  4.8.1 Toshiba LV and MV Switchgear Company Information
  4.8.2 Toshiba LV and MV Switchgear Business Overview
  4.8.3 Toshiba LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.8.4 Toshiba Product Portfolio
  4.8.5 Toshiba Recent Developments
4.9 CHINT
  4.9.1 CHINT LV and MV Switchgear Company Information
  4.9.2 CHINT LV and MV Switchgear Business Overview
  4.9.3 CHINT LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.9.4 CHINT Product Portfolio
  4.9.5 CHINT Recent Developments
4.10 WECOME INTELLIGENT MANUFACTURING CO.,LTD
  4.10.1 WECOME INTELLIGENT MANUFACTURING CO.,LTD LV and MV Switchgear Company Information
  4.10.2 WECOME INTELLIGENT MANUFACTURING CO.,LTD LV and MV Switchgear Business Overview
  4.10.3 WECOME INTELLIGENT MANUFACTURING CO.,LTD LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.10.4 WECOME INTELLIGENT MANUFACTURING CO.,LTD Product Portfolio
  4.10.5 WECOME INTELLIGENT MANUFACTURING CO.,LTD Recent Developments
4.11 Fuji Electric
  4.11.1 Fuji Electric LV and MV Switchgear Company Information
  4.11.2 Fuji Electric LV and MV Switchgear Business Overview
  4.11.3 Fuji Electric LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.11.4 Fuji Electric Product Portfolio
  4.11.5 Fuji Electric Recent Developments
4.12 LSIS
  4.12.1 LSIS LV and MV Switchgear Company Information
  4.12.2 LSIS LV and MV Switchgear Business Overview
  4.12.3 LSIS LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.12.4 LSIS Product Portfolio
  4.12.5 LSIS Recent Developments
4.13 Sunrise Group
  4.13.1 Sunrise Group LV and MV Switchgear Company Information
  4.13.2 Sunrise Group LV and MV Switchgear Business Overview
  4.13.3 Sunrise Group LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.13.4 Sunrise Group Product Portfolio
  4.13.5 Sunrise Group Recent Developments
4.14 Shenyang high voltage complete switch co., LTD.
  4.14.1 Shenyang high voltage complete switch co., LTD. LV and MV Switchgear Company Information
  4.14.2 Shenyang high voltage complete switch co., LTD. LV and MV Switchgear Business Overview
  4.14.3 Shenyang high voltage complete switch co., LTD. LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.14.4 Shenyang high voltage complete switch co., LTD. Product Portfolio
  4.14.5 Shenyang high voltage complete switch co., LTD. Recent Developments
4.15 LANZHOU GREAT WALL ELECTRICAL CO.,LTD
  4.15.1 LANZHOU GREAT WALL ELECTRICAL CO.,LTD LV and MV Switchgear Company Information
  4.15.2 LANZHOU GREAT WALL ELECTRICAL CO.,LTD LV and MV Switchgear Business Overview
  4.15.3 LANZHOU GREAT WALL ELECTRICAL CO.,LTD LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.15.4 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Product Portfolio
  4.15.5 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Recent Developments
4.16 Huayi Electric Co., Ltd.
  4.16.1 Huayi Electric Co., Ltd. LV and MV Switchgear Company Information
  4.16.2 Huayi Electric Co., Ltd. LV and MV Switchgear Business Overview
  4.16.3 Huayi Electric Co., Ltd. LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.16.4 Huayi Electric Co., Ltd. Product Portfolio
  4.16.5 Huayi Electric Co., Ltd. Recent Developments
4.17 Meidensha Corporation
  4.17.1 Meidensha Corporation LV and MV Switchgear Company Information
  4.17.2 Meidensha Corporation LV and MV Switchgear Business Overview
  4.17.3 Meidensha Corporation LV and MV Switchgear Production, Value and Gross Margin (2019-2024)
  4.17.4 Meidensha Corporation Product Portfolio
  4.17.5 Meidensha Corporation Recent Developments

5 GLOBAL LV AND MV SWITCHGEAR PRODUCTION BY REGION

5.1 Global LV and MV Switchgear Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global LV and MV Switchgear Production by Region: 2019-2030
  5.2.1 Global LV and MV Switchgear Production by Region: 2019-2024
  5.2.2 Global LV and MV Switchgear Production Forecast by Region (2025-2030)
5.3 Global LV and MV Switchgear Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global LV and MV Switchgear Production Value by Region: 2019-2030
  5.4.1 Global LV and MV Switchgear Production Value by Region: 2019-2024
  5.4.2 Global LV and MV Switchgear Production Value Forecast by Region (2025-2030)
5.5 Global LV and MV Switchgear Market Price Analysis by Region (2019-2024)
5.6 Global LV and MV Switchgear Production and Value, YOY Growth
  5.6.1 North America LV and MV Switchgear Production Value Estimates and Forecasts (2019-2030)
  5.6.2 Europe LV and MV Switchgear Production Value Estimates and Forecasts (2019-2030)
  5.6.3 China LV and MV Switchgear Production Value Estimates and Forecasts (2019-2030)
  5.6.4 Japan LV and MV Switchgear Production Value Estimates and Forecasts (2019-2030)

6 GLOBAL LV AND MV SWITCHGEAR CONSUMPTION BY REGION

6.1 Global LV and MV Switchgear Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global LV and MV Switchgear Consumption by Region (2019-2030)
  6.2.1 Global LV and MV Switchgear Consumption by Region: 2019-2030
  6.2.2 Global LV and MV Switchgear Forecasted Consumption by Region (2025-2030)
6.3 North America
  6.3.1 North America LV and MV Switchgear Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.3.2 North America LV and MV Switchgear Consumption by Country (2019-2030)
  6.3.3 United States
  6.3.4 Canada
6.4 Europe
  6.4.1 Europe LV and MV Switchgear Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.4.2 Europe LV and MV Switchgear Consumption by Country (2019-2030)
  6.4.3 Germany
  6.4.4 France
  6.4.5 U.K.
  6.4.6 Italy
  6.4.7 Russia
6.5 Asia Pacific
  6.5.1 Asia Pacific LV and MV Switchgear Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.5.2 Asia Pacific LV and MV Switchgear Consumption by Country (2019-2030)
  6.5.3 China
  6.5.4 Japan
  6.5.5 South Korea
  6.5.6 China Taiwan
  6.5.7 Southeast Asia
  6.5.8 India
  6.5.9 Australia
6.6 Latin America, Middle East & Africa
  6.6.1 Latin America, Middle East & Africa LV and MV Switchgear Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.6.2 Latin America, Middle East & Africa LV and MV Switchgear Consumption by Country (2019-2030)
  6.6.3 Mexico
  6.6.4 Brazil
  6.6.5 Turkey
  6.6.5 GCC Countries

7 SEGMENT BY TYPE

7.1 Global LV and MV Switchgear Production by Type (2019-2030)
  7.1.1 Global LV and MV Switchgear Production by Type (2019-2030) & (K Units)
  7.1.2 Global LV and MV Switchgear Production Market Share by Type (2019-2030)
7.2 Global LV and MV Switchgear Production Value by Type (2019-2030)
  7.2.1 Global LV and MV Switchgear Production Value by Type (2019-2030) & (US$ Million)
  7.2.2 Global LV and MV Switchgear Production Value Market Share by Type (2019-2030)
7.3 Global LV and MV Switchgear Price by Type (2019-2030)

8 SEGMENT BY APPLICATION

8.1 Global LV and MV Switchgear Production by Application (2019-2030)
  8.1.1 Global LV and MV Switchgear Production by Application (2019-2030) & (K Units)
  8.1.2 Global LV and MV Switchgear Production by Application (2019-2030) & (K Units)
8.2 Global LV and MV Switchgear Production Value by Application (2019-2030)
  8.2.1 Global LV and MV Switchgear Production Value by Application (2019-2030) & (US$ Million)
  8.2.2 Global LV and MV Switchgear Production Value Market Share by Application (2019-2030)
8.3 Global LV and MV Switchgear Price by Application (2019-2030)

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS OF THE MARKET

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 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 GLOBAL LV AND MV SWITCHGEAR ANALYZING MARKET DYNAMICS

10.1 LV and MV Switchgear Industry Trends
10.2 LV and MV Switchgear Industry Drivers
10.3 LV and MV Switchgear Industry Opportunities and Challenges
10.4 LV and MV Switchgear Industry Restraints

11 REPORT CONCLUSION

12 DISCLAIMER



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