The global low voltage apparatus market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for electrical control apparatus in various industries such as agriculture, transportation, and chemical industry. The distribution electric apparatus segment accounted for the largest share of the global low voltage apparatus market in 2017 and is expected to continue its dominance throughout the forecast period.
The distribution electric apparatus segment accounted for the largest share of the global low voltage apparatus market in 2017 and is expected to continue its dominance throughout the forecast period.
Some Of The Growth Factors Of This Market:
- The growth of the LV Apparatus market is driven by the increasing demand for energy efficient products and rising awareness about the benefits of using low voltage appliances.
- Low voltage appliances are more energy efficient than their counterparts, which will drive the demand for these products in emerging economies such as India and China.
- The increasing number of households in developing countries will also drive the growth of this market.
- Increasing awareness about health hazards associated with high voltage appliances will also fuel this market.
Industry Growth Insights published a new data on “Low Voltage Apparatus (LV Apparatus) Market”. The research report is titled “Low Voltage Apparatus (LV Apparatus) Market research by Types (Distribution Electric Apparatus, Electrical Control Apparatus), By Applications (Agriculture, Transportation, Chemical industry, Other), By Players/Companies ABB, Schneider Electric, Eaton, Siemens, Mitsubishi Electric, General Electric, Fuji Electric, CHINT Electrics, Shanghai Renmin, Changshu Switchgear, Liangxin, DELIXI, Merlin Gerin, Hangzhou Zhijiang”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Voltage Apparatus (LV Apparatus) Market Research Report
By Type
Distribution Electric Apparatus, Electrical Control Apparatus
By Application
Agriculture, Transportation, Chemical industry, Other
By Companies
ABB, Schneider Electric, Eaton, Siemens, Mitsubishi Electric, General Electric, Fuji Electric, CHINT Electrics, Shanghai Renmin, Changshu Switchgear, Liangxin, DELIXI, Merlin Gerin, Hangzhou Zhijiang
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Low Voltage Apparatus (LV Apparatus) Market Report Segments:
The global Low Voltage Apparatus (LV Apparatus) market is segmented on the basis of:
Types
Distribution Electric Apparatus, Electrical Control Apparatus
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
Agriculture, Transportation, Chemical industry, 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:
- ABB
- Schneider Electric
- Eaton
- Siemens
- Mitsubishi Electric
- General Electric
- Fuji Electric
- CHINT Electrics
- Shanghai Renmin
- Changshu Switchgear
- Liangxin
- DELIXI
- Merlin Gerin
- Hangzhou Zhijiang
 Market Overview.svg)
Highlights of The Low Voltage Apparatus (LV 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:
- Distribution Electric Apparatus
- Electrical Control Apparatus
- By Application:
- Agriculture
- Transportation
- Chemical industry
- 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 Low Voltage Apparatus (LV 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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 apparatus is a type of electrical equipment that uses voltages below the standard 120 volts in the United States. LV apparatus can be used to power devices like medical monitors, security systems, and other small appliances.
Some of the major players in the low voltage apparatus (lv apparatus) market are ABB, Schneider Electric, Eaton, Siemens, Mitsubishi Electric, General Electric, Fuji Electric, CHINT Electrics, Shanghai Renmin, Changshu Switchgear, Liangxin, DELIXI, Merlin Gerin, Hangzhou Zhijiang.
The low voltage apparatus (lv apparatus) market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low Voltage Apparatus (LV Apparatus) 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. Low Voltage Apparatus (LV Apparatus) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Low Voltage Apparatus (LV Apparatus) Market - Supply Chain
4.5. Global Low Voltage Apparatus (LV Apparatus) Market Forecast
4.5.1. Low Voltage Apparatus (LV Apparatus) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low Voltage Apparatus (LV Apparatus) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low Voltage Apparatus (LV Apparatus) Market Absolute $ Opportunity
5. Global Low Voltage Apparatus (LV Apparatus) 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. Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Type
5.3.1. Distribution Electric Apparatus
5.3.2. Electrical Control Apparatus
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low Voltage Apparatus (LV Apparatus) 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. Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Transportation
6.3.3. Chemical industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low Voltage Apparatus (LV Apparatus) 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. Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) 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. Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) Demand Share Forecast, 2019-2029
9. North America Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Transportation
9.4.3. Chemical industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Type
9.7.1. Distribution Electric Apparatus
9.7.2. Electrical Control Apparatus
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 Low Voltage Apparatus (LV Apparatus) Demand Share Forecast, 2019-2029
10. Latin America Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Transportation
10.4.3. Chemical industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Type
10.7.1. Distribution Electric Apparatus
10.7.2. Electrical Control Apparatus
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 Low Voltage Apparatus (LV Apparatus) Demand Share Forecast, 2019-2029
11. Europe Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Transportation
11.4.3. Chemical industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Type
11.7.1.Distribution Electric Apparatus
11.7.2. Electrical Control Apparatus
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 Low Voltage Apparatus (LV Apparatus) Demand Share, 2019-2029
12. Asia Pacific Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Transportation
12.4.3. Chemical industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Type
12.7.1. Distribution Electric Apparatus
12.7.2. Electrical Control Apparatus
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 Low Voltage Apparatus (LV Apparatus) Demand Share, 2019-2029
13. Middle East & Africa Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) 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 Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Transportation
13.4.3. Chemical industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Low Voltage Apparatus (LV Apparatus) Market Size and Volume Forecast by Type
13.7.1. Distribution Electric Apparatus
13.7.2. Electrical Control Apparatus
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 Low Voltage Apparatus (LV Apparatus) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Low Voltage Apparatus (LV Apparatus) Market: Market Share Analysis
14.2. Low Voltage Apparatus (LV Apparatus) Distributors and Customers
14.3. Low Voltage Apparatus (LV Apparatus) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schneider Electric
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. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsubishi Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. General Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fuji Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CHINT Electrics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shanghai Renmin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Changshu Switchgear
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Liangxin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. DELIXI
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Merlin Gerin
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hangzhou Zhijiang
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
