The global LV and MV Switchgear market size is predicted to grow from US$ 65710 million in 2025 to US$ 91130 million in 2031; it is expected to grow at a CAGR of 5.6% from 2025 to 2031.
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.
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.
The 鈥淟V and MV Switchgear Industry Forecast鈥� looks at past sales and reviews total world LV and MV Switchgear sales in 2024, providing a comprehensive analysis by region and market sector of projected LV and MV Switchgear sales for 2025 through 2031. With LV and MV Switchgear sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LV and MV Switchgear industry.
This Insight Report provides a comprehensive analysis of the global LV and MV Switchgear landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LV and MV Switchgear portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global LV and MV Switchgear market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LV and MV Switchgear and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LV and MV Switchgear.
This report presents a comprehensive overview, market shares, and growth opportunities of LV and MV Switchgear market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
LV Switchgear
MV Switchgear
Segmentation by Application:
Residential and Commercial Buildings
Infrastructure and utilities
Power Station
Petrochemical
Data Center
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global LV and MV Switchgear market?
What factors are driving LV and MV Switchgear market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LV and MV Switchgear market opportunities vary by end market size?
How does LV and MV Switchgear break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global LV and MV Switchgear Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for LV and MV Switchgear by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for LV and MV Switchgear by Country/Region, 2020, 2024 & 2031
2.2 LV and MV Switchgear Segment by Type
2.2.1 LV Switchgear
2.2.2 MV Switchgear
2.3 LV and MV Switchgear Sales by Type
2.3.1 Global LV and MV Switchgear Sales 麻豆原创 Share by Type (2020-2025)
2.3.2 Global LV and MV Switchgear Revenue and 麻豆原创 Share by Type (2020-2025)
2.3.3 Global LV and MV Switchgear Sale Price by Type (2020-2025)
2.4 LV and MV Switchgear Segment by Application
2.4.1 Residential and Commercial Buildings
2.4.2 Infrastructure and utilities
2.4.3 Power Station
2.4.4 Petrochemical
2.4.5 Data Center
2.4.6 Others
2.5 LV and MV Switchgear Sales by Application
2.5.1 Global LV and MV Switchgear Sale 麻豆原创 Share by Application (2020-2025)
2.5.2 Global LV and MV Switchgear Revenue and 麻豆原创 Share by Application (2020-2025)
2.5.3 Global LV and MV Switchgear Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global LV and MV Switchgear Breakdown Data by Company
3.1.1 Global LV and MV Switchgear Annual Sales by Company (2020-2025)
3.1.2 Global LV and MV Switchgear Sales 麻豆原创 Share by Company (2020-2025)
3.2 Global LV and MV Switchgear Annual Revenue by Company (2020-2025)
3.2.1 Global LV and MV Switchgear Revenue by Company (2020-2025)
3.2.2 Global LV and MV Switchgear Revenue 麻豆原创 Share by Company (2020-2025)
3.3 Global LV and MV Switchgear Sale Price by Company
3.4 Key Manufacturers LV and MV Switchgear Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers LV and MV Switchgear Product Location Distribution
3.4.2 Players LV and MV Switchgear Products Offered
3.5 麻豆原创 Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 麻豆原创 M&A Activity & Strategy
4 World Historic Review for LV and MV Switchgear by Geographic Region
4.1 World Historic LV and MV Switchgear 麻豆原创 Size by Geographic Region (2020-2025)
4.1.1 Global LV and MV Switchgear Annual Sales by Geographic Region (2020-2025)
4.1.2 Global LV and MV Switchgear Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic LV and MV Switchgear 麻豆原创 Size by Country/Region (2020-2025)
4.2.1 Global LV and MV Switchgear Annual Sales by Country/Region (2020-2025)
4.2.2 Global LV and MV Switchgear Annual Revenue by Country/Region (2020-2025)
4.3 Americas LV and MV Switchgear Sales Growth
4.4 APAC LV and MV Switchgear Sales Growth
4.5 Europe LV and MV Switchgear Sales Growth
4.6 Middle East & Africa LV and MV Switchgear Sales Growth
5 Americas
5.1 Americas LV and MV Switchgear Sales by Country
5.1.1 Americas LV and MV Switchgear Sales by Country (2020-2025)
5.1.2 Americas LV and MV Switchgear Revenue by Country (2020-2025)
5.2 Americas LV and MV Switchgear Sales by Type (2020-2025)
5.3 Americas LV and MV Switchgear Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC LV and MV Switchgear Sales by Region
6.1.1 APAC LV and MV Switchgear Sales by Region (2020-2025)
6.1.2 APAC LV and MV Switchgear Revenue by Region (2020-2025)
6.2 APAC LV and MV Switchgear Sales by Type (2020-2025)
6.3 APAC LV and MV Switchgear Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe LV and MV Switchgear by Country
7.1.1 Europe LV and MV Switchgear Sales by Country (2020-2025)
7.1.2 Europe LV and MV Switchgear Revenue by Country (2020-2025)
7.2 Europe LV and MV Switchgear Sales by Type (2020-2025)
7.3 Europe LV and MV Switchgear Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa LV and MV Switchgear by Country
8.1.1 Middle East & Africa LV and MV Switchgear Sales by Country (2020-2025)
8.1.2 Middle East & Africa LV and MV Switchgear Revenue by Country (2020-2025)
8.2 Middle East & Africa LV and MV Switchgear Sales by Type (2020-2025)
8.3 Middle East & Africa LV and MV Switchgear Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of LV and MV Switchgear
10.3 Manufacturing Process Analysis of LV and MV Switchgear
10.4 Industry Chain Structure of LV and MV Switchgear
11 麻豆原创ing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 LV and MV Switchgear Distributors
11.3 LV and MV Switchgear Customer
12 World Forecast Review for LV and MV Switchgear by Geographic Region
12.1 Global LV and MV Switchgear 麻豆原创 Size Forecast by Region
12.1.1 Global LV and MV Switchgear Forecast by Region (2026-2031)
12.1.2 Global LV and MV Switchgear Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global LV and MV Switchgear Forecast by Type (2026-2031)
12.7 Global LV and MV Switchgear Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 ABB
13.1.1 ABB Company Information
13.1.2 ABB LV and MV Switchgear Product Portfolios and Specifications
13.1.3 ABB LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 ABB Main Business Overview
13.1.5 ABB Latest Developments
13.2 Schneider Electric
13.2.1 Schneider Electric Company Information
13.2.2 Schneider Electric LV and MV Switchgear Product Portfolios and Specifications
13.2.3 Schneider Electric LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Schneider Electric Main Business Overview
13.2.5 Schneider Electric Latest Developments
13.3 EATON
13.3.1 EATON Company Information
13.3.2 EATON LV and MV Switchgear Product Portfolios and Specifications
13.3.3 EATON LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 EATON Main Business Overview
13.3.5 EATON Latest Developments
13.4 Mitsubishi Electric
13.4.1 Mitsubishi Electric Company Information
13.4.2 Mitsubishi Electric LV and MV Switchgear Product Portfolios and Specifications
13.4.3 Mitsubishi Electric LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Mitsubishi Electric Main Business Overview
13.4.5 Mitsubishi Electric Latest Developments
13.5 SIEMENS
13.5.1 SIEMENS Company Information
13.5.2 SIEMENS LV and MV Switchgear Product Portfolios and Specifications
13.5.3 SIEMENS LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 SIEMENS Main Business Overview
13.5.5 SIEMENS Latest Developments
13.6 Hyundai Heavy Industries
13.6.1 Hyundai Heavy Industries Company Information
13.6.2 Hyundai Heavy Industries LV and MV Switchgear Product Portfolios and Specifications
13.6.3 Hyundai Heavy Industries LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Hyundai Heavy Industries Main Business Overview
13.6.5 Hyundai Heavy Industries Latest Developments
13.7 Hyosung
13.7.1 Hyosung Company Information
13.7.2 Hyosung LV and MV Switchgear Product Portfolios and Specifications
13.7.3 Hyosung LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Hyosung Main Business Overview
13.7.5 Hyosung Latest Developments
13.8 Toshiba
13.8.1 Toshiba Company Information
13.8.2 Toshiba LV and MV Switchgear Product Portfolios and Specifications
13.8.3 Toshiba LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Toshiba Main Business Overview
13.8.5 Toshiba Latest Developments
13.9 CHINT
13.9.1 CHINT Company Information
13.9.2 CHINT LV and MV Switchgear Product Portfolios and Specifications
13.9.3 CHINT LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 CHINT Main Business Overview
13.9.5 CHINT Latest Developments
13.10 WECOME INTELLIGENT MANUFACTURING CO.,LTD
13.10.1 WECOME INTELLIGENT MANUFACTURING CO.,LTD Company Information
13.10.2 WECOME INTELLIGENT MANUFACTURING CO.,LTD LV and MV Switchgear Product Portfolios and Specifications
13.10.3 WECOME INTELLIGENT MANUFACTURING CO.,LTD LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 WECOME INTELLIGENT MANUFACTURING CO.,LTD Main Business Overview
13.10.5 WECOME INTELLIGENT MANUFACTURING CO.,LTD Latest Developments
13.11 Fuji Electric
13.11.1 Fuji Electric Company Information
13.11.2 Fuji Electric LV and MV Switchgear Product Portfolios and Specifications
13.11.3 Fuji Electric LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Fuji Electric Main Business Overview
13.11.5 Fuji Electric Latest Developments
13.12 LSIS
13.12.1 LSIS Company Information
13.12.2 LSIS LV and MV Switchgear Product Portfolios and Specifications
13.12.3 LSIS LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 LSIS Main Business Overview
13.12.5 LSIS Latest Developments
13.13 Sunrise Group
13.13.1 Sunrise Group Company Information
13.13.2 Sunrise Group LV and MV Switchgear Product Portfolios and Specifications
13.13.3 Sunrise Group LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Sunrise Group Main Business Overview
13.13.5 Sunrise Group Latest Developments
13.14 Shenyang high voltage complete switch co., LTD.
13.14.1 Shenyang high voltage complete switch co., LTD. Company Information
13.14.2 Shenyang high voltage complete switch co., LTD. LV and MV Switchgear Product Portfolios and Specifications
13.14.3 Shenyang high voltage complete switch co., LTD. LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Shenyang high voltage complete switch co., LTD. Main Business Overview
13.14.5 Shenyang high voltage complete switch co., LTD. Latest Developments
13.15 LANZHOU GREAT WALL ELECTRICAL CO.,LTD
13.15.1 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Company Information
13.15.2 LANZHOU GREAT WALL ELECTRICAL CO.,LTD LV and MV Switchgear Product Portfolios and Specifications
13.15.3 LANZHOU GREAT WALL ELECTRICAL CO.,LTD LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Main Business Overview
13.15.5 LANZHOU GREAT WALL ELECTRICAL CO.,LTD Latest Developments
13.16 Huayi Electric Co., Ltd.
13.16.1 Huayi Electric Co., Ltd. Company Information
13.16.2 Huayi Electric Co., Ltd. LV and MV Switchgear Product Portfolios and Specifications
13.16.3 Huayi Electric Co., Ltd. LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Huayi Electric Co., Ltd. Main Business Overview
13.16.5 Huayi Electric Co., Ltd. Latest Developments
13.17 Meidensha Corporation
13.17.1 Meidensha Corporation Company Information
13.17.2 Meidensha Corporation LV and MV Switchgear Product Portfolios and Specifications
13.17.3 Meidensha Corporation LV and MV Switchgear Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Meidensha Corporation Main Business Overview
13.17.5 Meidensha Corporation Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
