Global LV and MV Switchgear Sales Market Report 2020

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.
Schneider Electric, ABB, and Eaton captured the top three revenue share spots in the LV and MV Switchgear market in 2015.Schneider Electric dominated with 10.28 percent revenue share, followed by ABB with 9.05 percent revenue share and Eaton with 6.73 percent revenue share.

Market Analysis and Insights: Global LV and MV Switchgear Market
The global LV and MV Switchgear market size is projected to reach US$ 79530 million by 2026, from US$ 60380 million in 2020, at a CAGR of 4.7% during 2021-2026.

Global LV and MV Switchgear Scope and Market Size
The global LV and MV Switchgear market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global LV and MV Switchgear market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the LV and MV Switchgear market is segmented into
Low Voltage Switchgear
Medium Voltage Switchgear

Segment by Application, the LV and MV Switchgear market is segmented into
Residential
Infrastructure & Utilities
Energy
Industries
Others

The LV and MV Switchgear market is analysed and market size information is provided by regions (countries). Segment by Application, the LV and MV Switchgear market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and LV and MV Switchgear Market Share Analysis
LV and MV Switchgear market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in LV and MV Switchgear business, the date to enter into the LV and MV Switchgear market, LV and MV Switchgear product introduction, recent developments, etc.

The major vendors covered:
Schneider
ABB
Eaton
Siemens
GE
Mitsubishi
Fuji
HYUNDAI
Toshiba
SENTEG
Hyosung
MEIDENSHA
CHINT
Changshu Switchgear
XD
Wecome
TGOOD
HEAG
CTCS
Sunrise
SHVS