Market Overview:
Load break switches are used to interrupt the flow of current in an electrical circuit. They are also known as circuit breakers. The global load break switch market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into gas insulated load break switch (GILBS), vacuum load break switch (VLBS), air insulated load break switch (AILBS), and oil-immersed load break switch (OILBS). On the basis of application, it is classified into public utilities, industry, business, hospital data center.
Product Definition:
A load break switch is a type of electrical switch that can be used to interrupt the flow of electricity through a circuit. This type of switch is often used in high voltage applications, such as power lines and substations, to help prevent accidents and ensure safety.
Gas Insulated Load Break Switch:
The global gas insulated load break switch market size was valued at USD 5.5 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of its increasing usage in industrial applications across various countries including China, India, Japan, and South Korea. The growing demand for these switches from the power generation sector owing to stringent government regulations related to greenhouse gas emissions is expected to have a positive impact on industry growth over the next seven years.
Vacuum Load Break Switch:
The vacuum load break switch is a safety device used to interrupt the current flow in the event of a fault. It is mainly installed at power generating stations and chemical plants for protection against high-pressure oxygen, hydrogen or nitrogen gas which may be present in huge volumes inside the plant. The main function of this device includes protecting personnel from electric shocks as well as ensuring safe shutdown of equipment in case of an emergency situation arising out of control.
Application Insights:
The industry segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electric power generation, transmission & distribution, commercial facilities, residential buildings and other infrastructure from various end-use industries such as healthcare, data centers among others.
The public utilities segment is expected to witness significant growth owing to growing investments in new power generation plants along with an increase in load capacity requirements across various states of North America and Europe. In addition, rapid urbanization coupled with rising living standards has resulted in an increased number of households connecting their homes into the electrical grid system which further propels industry expansion over the next eight years.
Industry players are increasingly focusing on improving their product range by including more advanced technology based load break switches that comply with safety norms set forth by regulatory authorities such as Underwriters Laboratories (UL).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for data centers in countries such as China and India, which has led to an increase in construction of new data centers across these regions. In addition, rising number of power outages due to heavy rainfall and storms are anticipated to drive the regional market further. According to a blog by IEEFA, Asia accounted for just 4% of global installed power capacity in 2016 but will account for 14% by 2020 owing rising demand from emerging economies such as China and India along with other developing nations.
North America was valued at USD X million in 2017 owing primarily high usage levels across U.S.
Growth Factors:
- Increasing demand for 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 load break switches
- Proliferation of renewable energy sources such as solar and wind, which are expected to create new opportunities for the load break switch market
- Technological advancements that have led to development of more reliable and efficient load break switches
Scope Of The Report
Report Attributes
Report Details
Report Title
Load Break Switch Market Research Report
By Type
Gas Insulated Load Break Switch, Vacuum Load Break Switch, Air Insulated Load Break Switch, Oil-Immersed Load Break Switch
By Application
Public Utilities, Industry, Business, Hospital, Data Center
By Companies
Benchmarking, ABB, Eaton, Schneider, GE, Siemens, Socomec, Rockwell, Ensto, Fuji, Lucy Electric, Lsis, Powell
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Load Break Switch Market Report Segments:
The global Load Break Switch market is segmented on the basis of:
Types
Gas Insulated Load Break Switch, Vacuum Load Break Switch, Air Insulated Load Break Switch, Oil-Immersed Load Break Switch
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 Utilities, Industry, Business, Hospital, Data Center
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:
- Benchmarking
- ABB
- Eaton
- Schneider
- GE
- Siemens
- Socomec
- Rockwell
- Ensto
- Fuji
- Lucy Electric
- Lsis
- Powell
Highlights of The Load Break Switch 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:
- Gas Insulated Load Break Switch
- Vacuum Load Break Switch
- Air Insulated Load Break Switch
- Oil-Immersed Load Break Switch
- By Application:
- Public Utilities
- Industry
- Business
- Hospital
- Data Center
- 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 Load Break Switch 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?
A load break switch is a safety device that interrupts power to an electrical system when it detects that the load on the system has exceeded a certain threshold. This allows the system to safely shut down and prevent potential injuries or accidents.
Some of the major players in the load break switch market are Benchmarking, ABB, Eaton, Schneider, GE, Siemens, Socomec, Rockwell, Ensto, Fuji, Lucy Electric, Lsis, Powell.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Load Break Switch Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Load Break Switch Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Load Break Switch Market - Supply Chain
4.5. Global Load Break Switch Market Forecast
4.5.1. Load Break Switch Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Load Break Switch Market Size (000 Units) and Y-o-Y Growth
4.5.3. Load Break Switch Market Absolute $ Opportunity
5. Global Load Break Switch Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Load Break Switch Market Size and Volume Forecast by Type
5.3.1. Gas Insulated Load Break Switch
5.3.2. Vacuum Load Break Switch
5.3.3. Air Insulated Load Break Switch
5.3.4. Oil-Immersed Load Break Switch
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Load Break Switch Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Load Break Switch Market Size and Volume Forecast by Application
6.3.1. Public Utilities
6.3.2. Industry
6.3.3. Business
6.3.4. Hospital
6.3.5. Data Center
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Load Break Switch Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Load Break Switch Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Load Break Switch Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Load Break Switch Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Load Break Switch Demand Share Forecast, 2019-2026
9. North America Load Break Switch Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Load Break Switch Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Load Break Switch Market Size and Volume Forecast by Application
9.4.1. Public Utilities
9.4.2. Industry
9.4.3. Business
9.4.4. Hospital
9.4.5. Data Center
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Load Break Switch Market Size and Volume Forecast by Type
9.7.1. Gas Insulated Load Break Switch
9.7.2. Vacuum Load Break Switch
9.7.3. Air Insulated Load Break Switch
9.7.4. Oil-Immersed Load Break Switch
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Load Break Switch Demand Share Forecast, 2019-2026
10. Latin America Load Break Switch Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Load Break Switch Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Load Break Switch Market Size and Volume Forecast by Application
10.4.1. Public Utilities
10.4.2. Industry
10.4.3. Business
10.4.4. Hospital
10.4.5. Data Center
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Load Break Switch Market Size and Volume Forecast by Type
10.7.1. Gas Insulated Load Break Switch
10.7.2. Vacuum Load Break Switch
10.7.3. Air Insulated Load Break Switch
10.7.4. Oil-Immersed Load Break Switch
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Load Break Switch Demand Share Forecast, 2019-2026
11. Europe Load Break Switch Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Load Break Switch Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Load Break Switch Market Size and Volume Forecast by Application
11.4.1. Public Utilities
11.4.2. Industry
11.4.3. Business
11.4.4. Hospital
11.4.5. Data Center
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Load Break Switch Market Size and Volume Forecast by Type
11.7.1. Gas Insulated Load Break Switch
11.7.2. Vacuum Load Break Switch
11.7.3. Air Insulatd Load Break Switch
11.7.4. Oil-Immersed Load Break Switch
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Load Break Switch Demand Share, 2019-2026
12. Asia Pacific Load Break Switch Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Load Break Switch Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Load Break Switch Market Size and Volume Forecast by Application
12.4.1. Public Utilities
12.4.2. Industry
12.4.3. Business
12.4.4. Hospital
12.4.5. Data Center
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Load Break Switch Market Size and Volume Forecast by Type
12.7.1. Gas Insulated Load Break Switch
12.7.2. Vacuum Load Break Switch
12.7.3. Air Insulated Load Break Switch
12.7.4. Oil-Immersed Load Break Switch
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Load Break Switch Demand Share, 2019-2026
13. Middle East & Africa Load Break Switch Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Load Break Switch Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Load Break Switch Market Size and Volume Forecast by Application
13.4.1. Public Utilities
13.4.2. Industry
13.4.3. Business
13.4.4. Hospital
13.4.5. Data Center
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Load Break Switch Market Size and Volume Forecast by Type
13.7.1. Gas Insulated Load Break Switch
13.7.2. Vacuum Load Break Switch
13.7.3. Air Insulated Load Break Switch
13.7.4. Oil-Immersed Load Break Switch
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Load Break Switch Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Load Break Switch Market: Market Share Analysis
14.2. Load Break Switch Distributors and Customers
14.3. Load Break Switch Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Benchmarking
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eaton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Siemens
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Socomec
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rockwell
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ensto
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fuji
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lucy Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lsis
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Powell
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook