Technology

Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Size, Trends, and Forecast 2019

In this report, the Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Size, Trends, and Forecast 2019 market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Global Low Voltage (LV) and Medium Voltage (MV) Switchgear Market Size, Trends, and Forecast 2019 market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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Switchgear form an important T&D equipment. They are used to control safety and reliability of networks for ensuring smooth flow of electric power.

The lack of adequate electrification has been inhibiting the growth of the industrial sector across emerging economies. To counter the situation, governments in India and China have adopted several approaches to improve grid connectivity in remote locations. A significant portion of the budget for such improvement plans has been allocated to urbanization, thus fuelling the deployment of smart grid technology. This subsequently translates into greater opportunities for sales of LV and MV switchgear in these countries.

The global Low Voltage (LV) and Medium Voltage (MV) Switchgear market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

This report focuses on Low Voltage (LV) and Medium Voltage (MV) Switchgear volume and value at global level, regional level and company level. From a global perspective, this report represents overall Low Voltage (LV) and Medium Voltage (MV) Switchgear market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

ABB Ltd.

Eaton

General Electric

Powell Industries

Siemens AG

Schneider Electric

Bharat Heavy Electricals

Hyosung Corp

Mitsubishi Electric Corporation

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Less than 1kV

1kV – 5kV

6kV – 15kV

16kV – 27kV

28kV – 38kV

Segment by Application

Power Plants

Oil & Gas and Petrochemical Industry

Pulp and Paper Industry

Utilities Sector

Browse full research report at https://www.crystalmarketreport.com/global-low-voltage-lv-and-medium-voltage-mv-switchgear-market-size-trends-and-forecast-2019

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