Global Low Voltage Switchgear Cabinet (LVSG) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Low Voltage Switchgear Cabinet (LVSG) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Low Voltage Switchgear Cabinet (LVSG) market size was valued at USD 4564.4 million in 2022 and is forecast to a readjusted size of USD 7177.3 million by 2029 with a CAGR of 6.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key players of Low Voltage Switchgear Cabinet (LVSG) include Schneider Electric, Eaton, ABB, Mitsubishi Electric Corporation, Siemens and Guangzhou Baiyun Electric Equipment. Global top six manufacturers hold a share about 47%. The global origin is mainly located in North America, Europe, China, Japan, Korea and the Middle East. In terms of product, withdrawable LVSG is the largest segment, with a share about 63%. And in terms of application, the largest application is power plant, which has a share about 27 percent.

Low-voltage switchgear cabinet is composed of one or more low-voltage switchgear and related control, measurement, signal, protection, regulation and other equipment. According to the structure type, low-voltage switchgear can be divided into fixed low-voltage switchgear and withdrawable low-voltage switchgear. It is mainly used in a three-phase AC 50Hz rated voltage 0.4kV circuit, used to receive and distribute 0.4kV system electric energy, and to implement automatic closing control, cut-off fault protection, monitoring and event recording for the operating circuit, used for power generation and power supply systems It is used for centralized control of power, power distribution and motor, and capacitor compensation.

This report is a detailed and comprehensive analysis for global Low Voltage Switchgear Cabinet (LVSG) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Low Voltage Switchgear Cabinet (LVSG) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global Low Voltage Switchgear Cabinet (LVSG) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global Low Voltage Switchgear Cabinet (LVSG) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global Low Voltage Switchgear Cabinet (LVSG) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Low Voltage Switchgear Cabinet (LVSG)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Low Voltage Switchgear Cabinet (LVSG) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schneider Electric, Eaton, ABB, Mitsubishi Electric Corporation and Siemens, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Low Voltage Switchgear Cabinet (LVSG) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Fixed LVSG
Withdrawable LVSG

Market segment by Application
Power Plant
Oil & Gas
Cement Building
Mining
DC
Others

Major players covered
Schneider Electric
Eaton
ABB
Mitsubishi Electric Corporation
Siemens
Guangzhou Baiyun Electric Equipment
Guangdong Mingyang Electric
Vertiv
TAKAOKA TOKO
Anord Mardix
CHINT
Shijiazhuang Kelin Electric
Powell Industries
Alfanar
Zhezhong Electric
Hyosung Heavy Industries
Jiangsu Daye
Senyuan Electric
LS Electric
Hyundai Electric
Beijing SIFANG
Jinguan Electric
Kongsberg
ESS Metron
Wetown
SAI Advanced Power Solutions
HONGFA
Shanghai Liangxin
Anhui Xinlong
Industrial Electric Mfg
Myers Power Products
Ziquan Energy
Togami Electric Mfg
Regal Rexnord Corporation

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Low Voltage Switchgear Cabinet (LVSG) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Low Voltage Switchgear Cabinet (LVSG), with price, sales, revenue and global market share of Low Voltage Switchgear Cabinet (LVSG) from 2018 to 2023.

Chapter 3, the Low Voltage Switchgear Cabinet (LVSG) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Low Voltage Switchgear Cabinet (LVSG) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Low Voltage Switchgear Cabinet (LVSG) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Low Voltage Switchgear Cabinet (LVSG).

Chapter 14 and 15, to describe Low Voltage Switchgear Cabinet (LVSG) sales channel, distributors, customers, research findings and conclusion.