Market Overview:
The global MV apparatus market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electricity and the growing infrastructure development in emerging countries. Based on type, the MV apparatus market is segmented into breakers, switches, disconnectors, cassettes, and contactors. The breaker segment accounted for the largest share of the global MV apparatus market in 2017 and is projected to grow at a CAGR of 5.8% from 2018 to 2030. This growth can be attributed to the increasing demand for miniaturized breakers that offer high performance with low power consumption and space requirements. Based on application, the MV apparatus market is segmented into residential building, commercial building industrial building,, and other applications such as data centers,.
Product Definition:
MV Apparatus is a set of machines used to produce electric power. It includes a generator, transformer, switch gear and other equipment. The importance of MV Apparatus is that it provides the electric power needed to run businesses and homes.
Breakers:
Breakers is a MV apparatus used to change the direction of current in electric power tools. It's major applications are in impact driver, drill press, grinders and others. Breakers are available in two forms: fixed and portable. Fixed breakers can be mounted on tool post or attached with cord; while portable ones can be plugged into any standard electrical outlet like a laptop or car lighter socket.
Switches:
Switches are used in MV apparatus to operate the desired functionalities. It is a hardware device that controls or operates various functions of an electrical system. Switches are available in different forms such as push button switches, toggle switches, slide switches and rocker switches among others. The design of a switch depends on its application and function it serves for an electrical system.
Application Insights:
The commercial building segment dominated the global market in 2017. The growth of this segment is attributed to the increasing number of construction projects for new commercial buildings across various regions, including Asia Pacific and Middle East & Africa. For instance, according to a study conducted by Colliers International in 2018, around USD 1 trillion worth construction projects are expected to be completed by 2030 globally. This is likely to create a lucrative opportunity for industry participants over the forecast period.
Industrial application accounted for 19% share of total revenue in 2017 owing to growing demand from electrical and electronics industries across various regions, including Asia Pacific and Middle East & Africa.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, such as China, India, and Japan. These countries are witnessing strong economic growth owing to various factors such as rapid industrialization and urbanization along with increasing foreign investments. Moreover, rising demand for electricity in rural areas coupled with expanding population has resulted in an increased requirement of power distribution equipment’s installation across these regions. This factor is anticipated to drive the regional market growth over the forecast period.
The Middle East & Africa region accounted for a significant share of revenue generated by other applications segment due to growing oil industry across countries including Saudi Arabia.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgical procedures is expected to grow at a CAGR of 7.8% from 2016 to 2021. This growth can be attributed to the increasing preference for minimally invasive surgeries over traditional open surgeries, due to their shorter recovery times and lower risks of complications. MV apparatuses are extensively used in minimally invasive surgeries, thus driving the growth of the MV apparatus market.
- Technological advancements: The development of new and innovative MV apparatuses has been a key driver of the market’s growth in recent years. These advancements have helped reduce surgery time, improve patient outcomes, and increase safety levels during surgery procedures. Such technological advances are likely to continue in the coming years, propelling the growth of the MV apparatus market further.
Scope Of The Report
Report Attributes
Report Details
Report Title
MV Apparatus Market Research Report
By Type
Breakers, Switches, Disconnectors, Cassettes, Contactors
By Application
Residential Building, Commercial Building, Industrial Building, Other
By Companies
Schneider Electric, ABB, General Electric, Chint Group, Siemens, Tozzi Electrical Equipment, Eaton, Mitsubishi Electric, Fuji Electric, Toshiba, Maxwell, Pennsylvania Breaker, Legrand, Schurter Holding, TE connectivity, L&T, Powell, Tavrida, Larsen & Toubro, Rockwell Automation, Entec Electric Electronic, Brush Group, Kirloskar Electric Company, Camsco Electric, BCH ELECTRC TD, Salzer Group, Atom Power
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global MV Apparatus Market Report Segments:
The global MV Apparatus market is segmented on the basis of:
Types
Breakers, Switches, Disconnectors, Cassettes, Contactors
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
Residential Building, Commercial Building, Industrial Building, Other
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:
- Schneider Electric
- ABB
- General Electric
- Chint Group
- Siemens
- Tozzi Electrical Equipment
- Eaton
- Mitsubishi Electric
- Fuji Electric
- Toshiba
- Maxwell
- Pennsylvania Breaker
- Legrand
- Schurter Holding
- TE connectivity
- L&T
- Powell
- Tavrida
- Larsen & Toubro
- Rockwell Automation
- Entec Electric Electronic
- Brush Group
- Kirloskar Electric Company
- Camsco Electric
- BCH ELECTRC TD
- Salzer Group
- Atom Power
Highlights of The MV Apparatus 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:
- Breakers
- Switches
- Disconnectors
- Cassettes
- Contactors
- By Application:
- Residential Building
- Commercial Building
- Industrial Building
- Other
- 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 MV Apparatus 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
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- Consumer Insights
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- Product & Brand Management
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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?
MV Apparatus is a company that manufactures and sells marine vessels.
Some of the major players in the mv apparatus market are Schneider Electric, ABB, General Electric, Chint Group, Siemens, Tozzi Electrical Equipment, Eaton, Mitsubishi Electric, Fuji Electric, Toshiba, Maxwell, Pennsylvania Breaker, Legrand, Schurter Holding, TE connectivity, L&T, Powell, Tavrida, Larsen & Toubro, Rockwell Automation, Entec Electric Electronic, Brush Group, Kirloskar Electric Company, Camsco Electric, BCH ELECTRC TD, Salzer Group, Atom Power.
The mv apparatus 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 MV Apparatus 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 MV Apparatus Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MV Apparatus 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 MV Apparatus 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 MV Apparatus Market Size & Forecast, 2018-2028
4.5.1 MV Apparatus Market Size and Y-o-Y Growth
4.5.2 MV Apparatus Market Absolute $ Opportunity
Chapter 5 Global MV Apparatus 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 MV Apparatus Market Size Forecast by Type
5.2.1 Breakers
5.2.2 Switches
5.2.3 Disconnectors
5.2.4 Cassettes
5.2.5 Contactors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MV Apparatus 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 MV Apparatus Market Size Forecast by Applications
6.2.1 Residential Building
6.2.2 Commercial Building
6.2.3 Industrial Building
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MV Apparatus 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 MV Apparatus 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 MV Apparatus Analysis and Forecast
9.1 Introduction
9.2 North America MV Apparatus 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 MV Apparatus Market Size Forecast by Type
9.6.1 Breakers
9.6.2 Switches
9.6.3 Disconnectors
9.6.4 Cassettes
9.6.5 Contactors
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 MV Apparatus Market Size Forecast by Applications
9.10.1 Residential Building
9.10.2 Commercial Building
9.10.3 Industrial Building
9.10.4 Other
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 MV Apparatus Analysis and Forecast
10.1 Introduction
10.2 Europe MV Apparatus 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 MV Apparatus Market Size Forecast by Type
10.6.1 Breakers
10.6.2 Switches
10.6.3 Disconnectors
10.6.4 Cassettes
10.6.5 Contactors
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 MV Apparatus Market Size Forecast by Applications
10.10.1 Residential Building
10.10.2 Commercial Building
10.10.3 Industrial Building
10.10.4 Other
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 MV Apparatus Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MV Apparatus 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 MV Apparatus Market Size Forecast by Type
11.6.1 Breakers
11.6.2 Switches
11.6.3 Disconnectors
11.6.4 Cassettes
11.6.5 Contactors
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 MV Apparatus Market Size Forecast by Applications
11.10.1 Residential Building
11.10.2 Commercial Building
11.10.3 Industrial Building
11.10.4 Other
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 MV Apparatus Analysis and Forecast
12.1 Introduction
12.2 Latin America MV Apparatus 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 MV Apparatus Market Size Forecast by Type
12.6.1 Breakers
12.6.2 Switches
12.6.3 Disconnectors
12.6.4 Cassettes
12.6.5 Contactors
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 MV Apparatus Market Size Forecast by Applications
12.10.1 Residential Building
12.10.2 Commercial Building
12.10.3 Industrial Building
12.10.4 Other
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) MV Apparatus Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MV Apparatus 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) MV Apparatus Market Size Forecast by Type
13.6.1 Breakers
13.6.2 Switches
13.6.3 Disconnectors
13.6.4 Cassettes
13.6.5 Contactors
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) MV Apparatus Market Size Forecast by Applications
13.10.1 Residential Building
13.10.2 Commercial Building
13.10.3 Industrial Building
13.10.4 Other
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 MV Apparatus Market: Competitive Dashboard
14.2 Global MV Apparatus Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 ABB
14.3.3 General Electric
14.3.4 Chint Group
14.3.5 Siemens
14.3.6 Tozzi Electrical Equipment
14.3.7 Eaton
14.3.8 Mitsubishi Electric
14.3.9 Fuji Electric
14.3.10 Toshiba
14.3.11 Maxwell
14.3.12 Pennsylvania Breaker
14.3.13 Legrand
14.3.14 Schurter Holding
14.3.15 TE connectivity
14.3.16 L&T
14.3.17 Powell
14.3.18 Tavrida
14.3.19 Larsen & Toubro
14.3.20 Rockwell Automation
14.3.21 Entec Electric Electronic
14.3.22 Brush Group
14.3.23 Kirloskar Electric Company
14.3.24 Camsco Electric
14.3.25 BCH ELECTRC TD
14.3.26 Salzer Group
14.3.27 Atom Power
