This
report provides strategic analysis of the global LV and MV switchgear
market. The scope of the report includes competitive analysis of
various market segments based on the product standards, components,
voltage ranges, insulation, applications and in-depth cross sectional
scrutiny of the LV and MV switchgear market across different
geographic segments. Growing demand for safety and protection
regarding electric transmission and distribution in power, industrial
infrastructure, real estate, utilities and construction sectors has
fuelled the growth of LV and MV switchgear market.
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LV and MV Switchgear Market Report with Full TOC at
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Increasing
adaptation of smart grid technology in power sector of both developed
and developing countries will fuel the growth of LV and MV switchgear
market during the forecast period 2014 to 2020. Rapid electrification
in rural and urban areas of Asia Pacific and African countries has
triggered the growth of LV and MV switchgear market. In developed
market, renewal of old and faulty transmission and distribution
network has estimated to boost the demand for LV and MV switchgear
market during the forecast period. Increasing demand for integration
of renewable energy sources in power sectors has positively impacted
the demand for MV switchgears that are being used for safety and
protection of electric transmission and distribution network.
Installation of new electrical substations in power, utilities and
oil and gas sectors is driving the demand for LV and MV switchgear in
Middle East. However, bottom line growth of switchgear manufacturers
has been negatively affected due to increase in extent of price-based
competition in LV and MV switchgear manufacturer.
To
aid in strategic decision making, the report also includes
competitive profiling of leading players in the industry and their
market share in different geographic regions (North America, Europe,
Asia Pacific and Rest of the World). Moreover, various business
strategies adopted by leading players has also been discussed in the
report. The market attractiveness analysis and Porter’s Five Forces
analysis included in the report provide insight into market dynamics
and industry competition.
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The
report also provides breakdown and review of various factors
impacting the market growth, which are appropriately described as
market drivers, restraints, and opportunities. These factors
determine various existing trends and their impact on market growth.
Overall, the report includes a holistic analysis of the global LV and
MV switchgear market, and provides an estimate of growth for the
period 2014 to 2020, keeping in mind the various factors affecting
the market.
The
report segments the global LV and MV switchgear market as:
LV
and MV switchgear market, by product standards:
- LV and MV switchgears follow IEC (International Electrotechnical Commission) standards
- LV and MV switchgears follow ANSI (American National Standards Institute) standards
- LV and MV switchgears that follow other (JIS, NEMA and GOST) standards
LV
and MV switchgear market, by Application:
- Power plants
- Oil & Gas Industry
- Petrochemical industry
- Pulp and paper industry
- Utilities sector
LV
and MV switchgear market, by Voltages:
- Less than 1kV
- 1kV - 5kV
- 6kV - 15kV
- 16kV - 27kV
- 28kV - 38kV
LV
and MV switchgear market, by Components:
- Circuit Breaker
- Relays
- Others (Enclosure, Fuses, Bus Bars and Switches)
LV
and MV switchgear market, by Insulation:
- Air
- Gas
- Others (oil and solid)
LV
and MV switchgear market, by geography: The market is segmented on
the basis of geography into North America, Europe, Asia Pacific and
Rest of the World (RoW).
- North America
- Europe
- Asia Pacific
- Rest of the World (Latin America, Middle East and Africa)
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