Market Overview:
The global HV and LV air load break switches market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for air load break switches from public power distribution, industrial sector, and others applications. Additionally, the growing demand for energy-efficient solutions is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period.
Product Definition:
HV and LV Air Load Break Switches are used to protect circuits from short-circuits and overloads. They work by opening the circuit when an overload or short-circuit is detected.
High Voltage Air Load Break Switches:
High voltage air load break switches are used to interrupt the electric supply when a high-pressure air stream is applied to the line. The switch is mounted on an insulated pole and it controls the flow of electric current in case of an emergency, such as short circuit or overload situation.
The global HV & LV Air Load Break Switches market size was valued at USD 1,099.7 million in 2016.
Low Voltage Air Load Break Switches:
Low voltage air load break switches and it's usage in HV and LV Air Load Break Switches market is covered under the Equipment Protection category. These devices are used to protect equipment from damage due to short circuits, overvoltage, overcurrent situations as well as low-temperature conditions.
These breakers have a wide range of applications such as distribution transformers, switchgears, subtransmission power stations among others.
Application Insights:
The public power distribution segment held the largest market share of more than 40% in 2017. The growth can be attributed to the increasing number of power outages and voltage fluctuations across the globe. An air load break switch is a vital safety equipment for electric utilities as it prevents electrical shocks and injuries from flying debris during an emergency situation in a power grid.
The industrial sector is expected to register notable gains owing to growing demand for HV & LV ABB, overvoltage protection devices from various industries such as oil & gas, chemical, petrochemical, pulp & paper among others which require high-quality electricity supply with minimal interruptions. These switches are used in applications where there is potential risk of electric shock or fire due to short circuits or open circuits caused by foreign objects getting into the switching mechanism such as wires/cables etcetera during manufacturing/assembly process at any point of time after product delivery i.e., post installation service completion (Outsourcing).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for electric vehicles, rising industrialization, and rapid urbanization. Moreover, China has been a major contributor in terms of production as well as consumption owing to its large manufacturing sector.
The Middle East & Africa region is anticipated to grow at a lucrative rate over the forecast period owing to significant investments from foreign players along with government support for infrastructure development projects such as power generation plants and others. Furthermore, countries such as Saudi Arabia have made substantial investments in building new power generation facilities that consume large amounts of electricity; these factors are anticipated contribute toward regional growth during the forecast period.
Growth Factors:
- Increasing demand for air load break switches in the power transmission and distribution sector to ensure uninterrupted power supply
- Rising investments in smart grid infrastructure across the globe
- Growing concerns over grid security and safety, which is expected to drive the demand for air load break switches
- Proliferation of renewable energy sources such as solar and wind, which is likely to create new opportunities for air load break switch manufacturers
- Technological advancements that have led to the development of more reliable and efficient air load break switches
Scope Of The Report
Report Attributes
Report Details
Report Title
HV and LV Air Load Break Switches Market Research Report
By Type
High Voltage Air Load Break Switches, Low Voltage Air Load Break Switches
By Application
Public Power Distribution, Industrial Sector, Others
By Companies
ABB, CAHORS GROUP, EFACEC, ENTEC, IBERAPA, INAEL, JIN KWANG, LUCY ELECTRIC, SCHNEIDER ELECTRIC, Ulusoy Elektrik(Eaton), Rockwell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global HV and LV Air Load Break Switches Market Report Segments:
The global HV and LV Air Load Break Switches market is segmented on the basis of:
Types
High Voltage Air Load Break Switches, Low Voltage Air Load Break Switches
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Public Power Distribution, Industrial Sector, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- CAHORS GROUP
- EFACEC
- ENTEC
- IBERAPA
- INAEL
- JIN KWANG
- LUCY ELECTRIC
- SCHNEIDER ELECTRIC
- Ulusoy Elektrik(Eaton)
- Rockwell
Highlights of The HV and LV Air Load Break Switches Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Voltage Air Load Break Switches
- Low Voltage Air Load Break Switches
- By Application:
- Public Power Distribution
- Industrial Sector
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HV and LV Air Load Break Switches Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
HV and LV air load break switches are used to interrupt the airflow to a room in order to evacuate people or equipment.
Some of the major companies in the hv and lv air load break switches market are ABB, CAHORS GROUP, EFACEC, ENTEC, IBERAPA, INAEL, JIN KWANG, LUCY ELECTRIC, SCHNEIDER ELECTRIC, Ulusoy Elektrik(Eaton), Rockwell.
The hv and lv air load break switches market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HV and LV Air Load Break Switches Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 HV and LV Air Load Break Switches Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 HV and LV Air Load Break Switches Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the HV and LV Air Load Break Switches Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global HV and LV Air Load Break Switches Market Size & Forecast, 2020-2028 4.5.1 HV and LV Air Load Break Switches Market Size and Y-o-Y Growth 4.5.2 HV and LV Air Load Break Switches Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High Voltage Air Load Break Switches
5.2.2 Low Voltage Air Load Break Switches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Public Power Distribution
6.2.2 Industrial Sector
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HV and LV Air Load Break Switches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 HV and LV Air Load Break Switches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High Voltage Air Load Break Switches
9.6.2 Low Voltage Air Load Break Switches
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Public Power Distribution
9.10.2 Industrial Sector
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High Voltage Air Load Break Switches
10.6.2 Low Voltage Air Load Break Switches
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Public Power Distribution
10.10.2 Industrial Sector
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High Voltage Air Load Break Switches
11.6.2 Low Voltage Air Load Break Switches
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Public Power Distribution
11.10.2 Industrial Sector
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High Voltage Air Load Break Switches
12.6.2 Low Voltage Air Load Break Switches
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Public Power Distribution
12.10.2 Industrial Sector
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High Voltage Air Load Break Switches
13.6.2 Low Voltage Air Load Break Switches
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Public Power Distribution
13.10.2 Industrial Sector
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 HV and LV Air Load Break Switches Market: Competitive Dashboard
14.2 Global HV and LV Air Load Break Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 CAHORS GROUP
14.3.3 EFACEC
14.3.4 ENTEC
14.3.5 IBERAPA
14.3.6 INAEL
14.3.7 JIN KWANG
14.3.8 LUCY ELECTRIC
14.3.9 SCHNEIDER ELECTRIC
14.3.10 Ulusoy Elektrik(Eaton)
14.3.11 Rockwell