Market Overview:
The global low-voltage electrical appliances 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 energy-efficient appliances and the growing awareness about safety standards. In terms of type, power distribution appliances are expected to lead the market during the forecast period, owing to their increasing use in industrial and commercial applications. Control appliances are also expected to witness high growth during the forecast period, due to their growing use in smart buildings and homes.
Product Definition:
Low-voltage electrical appliances are those that operate at a voltage of 120 volts or less. They are important because they can be used in areas where high-voltage appliances cannot be used, such as in bathrooms, basements, and other areas where water is present. Low-voltage appliances also use less energy than high-voltage appliances, making them more efficient and environmentally friendly.
Power Distribution Appliances:
Power distribution appliances are used in low-voltage electrical appliances. They are majorly used for the distribution of power to the load centers from a high voltage source. The growing demand for energy efficiency and reduction in carbon emissions is expected to drive the global power distribution appliances market over the forecast period.
The increasing awareness among consumers regarding sustainable development has resulted in an increased focus on reducing energy consumption across all industry verticals, including residential, commercial, industrial and others.
Terminal Appliances:
Terminal or input/output terminal is an electrical connector that is used to connect two wires or more in an electric circuit. It has a distinctive shape and provides mechanical and electrical connections for high voltage electricity. The terminal consists of two metal blades, which are bent at a right angle, with the center pin inserted into the main body of the device where it can make contact with other terminals present in another device.
Application Insights:
The industrial segment dominated the global low-voltage electrical appliances market in 2017. The growth can be attributed to the increasing demand for HVAC and other processes, such as process control, automation, and robotics. In addition, it is likely to benefit from a growing manufacturing sector in developing countries of Asia Pacific and Latin America.
The commercial segment is expected to witness significant growth over the forecast period owing to an increase in construction of new buildings across various regions including North America and Europe. For instance, according to data published by Building & Construction Research Institute (BCRI), there were 1.3 million commercial building projects under implementation or ready for construction across China at end-2017; this was a rise of around 15% from 2016 levels.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for low-voltage electrical appliances from developing countries such as China and India. Furthermore, rising industrialization and rapid urbanization are also expected to drive product demand in APAC.
The European regional market held a share of more than 20% in terms of revenue in 2017 on account of high adoption rate for technologically advanced products with enhanced performance characteristics. Countries such as Germany, France, Italy, U.K.
North America is projected to expand at a CAGR exceeding 5% during the same period owing to increasing government initiatives pertaining toward energy efficiency improvement along with stringent regulations regarding carbon emission by various environmental agencies such as EPA (U S A ).
Growth Factors:
- Increasing demand from the residential sector for low-voltage electrical appliances due to the growing awareness about energy efficiency and their benefits.
- Rising disposable income of consumers, which is encouraging them to invest in low-voltage electrical appliances that offer better performance and features compared to traditional ones.
- Proliferation of online retail channels, which is making it easier for consumers to purchase low-voltage electrical appliances at competitive prices.
- Growing popularity of smart homes, which is driving demand for energy efficient and technologically advanced low-voltage electrical appliances.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low-voltage Electrical Appliances Market Research Report
By Type
Power Distribution Appliances, Terminal Appliances, Control Appliances, Power Supply Appliances, Electronic Appliances
By Application
Industrial, Commercial, Civil Building
By Companies
ABB, Schneider Electric, GE, Eaton, Mitsubishi Electric, Siemens, Legrand, Panasonic, Fuji Electric, Huyu Group, ABB, Delixi Group Company Limited, Zhejiang Tengen Electrics, Liangxin Electrical, Changshu Switchgear Manufacturing, People Electric
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Low-voltage Electrical Appliances Market Report Segments:
The global Low-voltage Electrical Appliances market is segmented on the basis of:
Types
Power Distribution Appliances, Terminal Appliances, Control Appliances, Power Supply Appliances, Electronic Appliances
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
Industrial, Commercial, Civil Building
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
- Schneider Electric
- GE
- Eaton
- Mitsubishi Electric
- Siemens
- Legrand
- Panasonic
- Fuji Electric
- Huyu Group
- ABB
- Delixi Group Company Limited
- Zhejiang Tengen Electrics
- Liangxin Electrical
- Changshu Switchgear Manufacturing
- People Electric
Highlights of The Low-voltage Electrical Appliances 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:
- Power Distribution Appliances
- Terminal Appliances
- Control Appliances
- Power Supply Appliances
- Electronic Appliances
- By Application:
- Industrial
- Commercial
- Civil Building
- 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 Low-voltage Electrical Appliances 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
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Low-voltage electrical appliances are those that use electricity at voltages below 120 volts. These appliances include things like hair dryers, irons, and toasters.
Some of the major players in the low-voltage electrical appliances market are ABB, Schneider Electric, GE, Eaton, Mitsubishi Electric, Siemens, Legrand, Panasonic, Fuji Electric, Huyu Group, ABB, Delixi Group Company Limited, Zhejiang Tengen Electrics, Liangxin Electrical, Changshu Switchgear Manufacturing, People Electric.
The low-voltage electrical appliances market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low-voltage Electrical Appliances 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 Low-voltage Electrical Appliances Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low-voltage Electrical Appliances 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 Low-voltage Electrical Appliances 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 Low-voltage Electrical Appliances Market Size & Forecast, 2018-2028
4.5.1 Low-voltage Electrical Appliances Market Size and Y-o-Y Growth
4.5.2 Low-voltage Electrical Appliances Market Absolute $ Opportunity
Chapter 5 Global Low-voltage Electrical Appliances 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 Low-voltage Electrical Appliances Market Size Forecast by Type
5.2.1 Power Distribution Appliances
5.2.2 Terminal Appliances
5.2.3 Control Appliances
5.2.4 Power Supply Appliances
5.2.5 Electronic Appliances
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low-voltage Electrical Appliances 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 Low-voltage Electrical Appliances Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Civil Building
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low-voltage Electrical Appliances 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 Low-voltage Electrical Appliances 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 Low-voltage Electrical Appliances Analysis and Forecast
9.1 Introduction
9.2 North America Low-voltage Electrical Appliances 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 Low-voltage Electrical Appliances Market Size Forecast by Type
9.6.1 Power Distribution Appliances
9.6.2 Terminal Appliances
9.6.3 Control Appliances
9.6.4 Power Supply Appliances
9.6.5 Electronic Appliances
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 Low-voltage Electrical Appliances Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Civil Building
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 Low-voltage Electrical Appliances Analysis and Forecast
10.1 Introduction
10.2 Europe Low-voltage Electrical Appliances 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 Low-voltage Electrical Appliances Market Size Forecast by Type
10.6.1 Power Distribution Appliances
10.6.2 Terminal Appliances
10.6.3 Control Appliances
10.6.4 Power Supply Appliances
10.6.5 Electronic Appliances
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 Low-voltage Electrical Appliances Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Civil Building
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 Low-voltage Electrical Appliances Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low-voltage Electrical Appliances 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 Low-voltage Electrical Appliances Market Size Forecast by Type
11.6.1 Power Distribution Appliances
11.6.2 Terminal Appliances
11.6.3 Control Appliances
11.6.4 Power Supply Appliances
11.6.5 Electronic Appliances
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 Low-voltage Electrical Appliances Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Civil Building
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 Low-voltage Electrical Appliances Analysis and Forecast
12.1 Introduction
12.2 Latin America Low-voltage Electrical Appliances 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 Low-voltage Electrical Appliances Market Size Forecast by Type
12.6.1 Power Distribution Appliances
12.6.2 Terminal Appliances
12.6.3 Control Appliances
12.6.4 Power Supply Appliances
12.6.5 Electronic Appliances
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 Low-voltage Electrical Appliances Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Civil Building
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) Low-voltage Electrical Appliances Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low-voltage Electrical Appliances 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) Low-voltage Electrical Appliances Market Size Forecast by Type
13.6.1 Power Distribution Appliances
13.6.2 Terminal Appliances
13.6.3 Control Appliances
13.6.4 Power Supply Appliances
13.6.5 Electronic Appliances
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) Low-voltage Electrical Appliances Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Civil Building
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 Low-voltage Electrical Appliances Market: Competitive Dashboard
14.2 Global Low-voltage Electrical Appliances Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Schneider Electric
14.3.3 GE
14.3.4 Eaton
14.3.5 Mitsubishi Electric
14.3.6 Siemens
14.3.7 Legrand
14.3.8 Panasonic
14.3.9 Fuji Electric
14.3.10 Huyu Group
14.3.11 ABB
14.3.12 Delixi Group Company Limited
14.3.13 Zhejiang Tengen Electrics
14.3.14 Liangxin Electrical
14.3.15 Changshu Switchgear Manufacturing
14.3.16 People Electric
