The global low voltage industrial controls market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for energy-efficient and eco-friendly products in various industries such as manufacture industry, transport (railway), aerospace & defense, business, residential and renewable energy. The increase in demand for these products is due to the growing awareness among consumers about environmental issues such as climate change and pollution.
The global low voltage industrial controls market has been segmented on the basis of type into MCB, MCCB, contactors and relays, motor starters and thermal overload relays; on the basis of application into manufacture industry, transport (railway), aerospace & defense business residential; on the basis of region into North America Latin America Europe Asia Pacific Middle East & Africa; and forecast from 2021 to 2030.
Some Of The Growth Factors Of This Market:
- The need for energy efficiency and sustainability is driving the demand for low voltage industrial controls.
- The need to reduce costs is also driving the demand for low voltage industrial controls.
- The increasing number of regulations on emissions and safety are also driving the demand for low voltage industrial controls.
- Increasing awareness about green technology is also driving the demand for low voltage industrial controls, as they are more environmentally friendly than traditional systems that use high voltages to power motors and other devices in factories, warehouses, and other facilities where they are used in manufacturing processes or as part of a building's infrastructure such as heating or cooling systems or lighting fixtures.
- Increasing global competition among manufacturers of traditional high-voltage equipment has led many companies to develop new products that use lower voltages.
Industry Growth Insights published a new data on “Low Voltage Industrial Controls Market”. The research report is titled “Low Voltage Industrial Controls Market research by Types (MCB, MCCB, Contactors and Relays, Motor starters, Thermal Overload Relays, Others), By Applications (Manufacture Industry, Transport (Railway), Aerospace & Defense, Business, Residential, Renewable Energy, Communication), By Players/Companies ABB, Siemens, Schneider Electric, WEG, General Electric, CHINT Group, Rockwell Automation, Mitsubishi Electric, Fuji Electric, Eaton, Alstom”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Voltage Industrial Controls Market Research Report
By Type
MCB, MCCB, Contactors and Relays, Motor starters, Thermal Overload Relays, Others
By Application
Manufacture Industry, Transport (Railway), Aerospace & Defense, Business, Residential, Renewable Energy, Communication
By Companies
ABB, Siemens, Schneider Electric, WEG, General Electric, CHINT Group, Rockwell Automation, Mitsubishi Electric, Fuji Electric, Eaton, Alstom
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Low Voltage Industrial Controls Market Report Segments:
The global Low Voltage Industrial Controls market is segmented on the basis of:
Types
MCB, MCCB, Contactors and Relays, Motor starters, Thermal Overload Relays, Others
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
Manufacture Industry, Transport (Railway), Aerospace & Defense, Business, Residential, Renewable Energy, Communication
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
- Siemens
- Schneider Electric
- WEG
- General Electric
- CHINT Group
- Rockwell Automation
- Mitsubishi Electric
- Fuji Electric
- Eaton
- Alstom
Highlights of The Low Voltage Industrial Controls 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:
- MCB
- MCCB
- Contactors and Relays
- Motor starters
- Thermal Overload Relays
- Others
- By Application:
- Manufacture Industry
- Transport (Railway)
- Aerospace & Defense
- Business
- Residential
- Renewable Energy
- Communication
- 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 Industrial Controls 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.
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- Correctly Positioning New Products
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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?
Low voltage industrial controls are a type of electrical control system used in factories, plants, and other industrial settings. These systems are designed to maintain safe operating conditions by regulating the flow of electricity.
Some of the major players in the low voltage industrial controls market are ABB, Siemens, Schneider Electric, WEG, General Electric, CHINT Group, Rockwell Automation, Mitsubishi Electric, Fuji Electric, Eaton, Alstom.
The low voltage industrial controls market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low Voltage Industrial Controls 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 Industrial Controls 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 Industrial Controls Market - Supply Chain
4.5. Global Low Voltage Industrial Controls Market Forecast
4.5.1. Low Voltage Industrial Controls Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low Voltage Industrial Controls Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low Voltage Industrial Controls Market Absolute $ Opportunity
5. Global Low Voltage Industrial Controls 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 Industrial Controls Market Size and Volume Forecast by Type
5.3.1. MCB
5.3.2. MCCB
5.3.3. Contactors and Relays
5.3.4. Motor starters
5.3.5. Thermal Overload Relays
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low Voltage Industrial Controls 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 Industrial Controls Market Size and Volume Forecast by Application
6.3.1. Manufacture Industry
6.3.2. Transport (Railway)
6.3.3. Aerospace & Defense
6.3.4. Business
6.3.5. Residential
6.3.6. Renewable Energy
6.3.7. Communication
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low Voltage Industrial Controls 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 Industrial Controls 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 Industrial Controls 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 Industrial Controls 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 Industrial Controls Demand Share Forecast, 2019-2026
9. North America Low Voltage Industrial Controls 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 Industrial Controls 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 Industrial Controls Market Size and Volume Forecast by Application
9.4.1. Manufacture Industry
9.4.2. Transport (Railway)
9.4.3. Aerospace & Defense
9.4.4. Business
9.4.5. Residential
9.4.6. Renewable Energy
9.4.7. Communication
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low Voltage Industrial Controls Market Size and Volume Forecast by Type
9.7.1. MCB
9.7.2. MCCB
9.7.3. Contactors and Relays
9.7.4. Motor starters
9.7.5. Thermal Overload Relays
9.7.6. Others
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 Industrial Controls Demand Share Forecast, 2019-2026
10. Latin America Low Voltage Industrial Controls 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 Industrial Controls 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 Industrial Controls Market Size and Volume Forecast by Application
10.4.1. Manufacture Industry
10.4.2. Transport (Railway)
10.4.3. Aerospace & Defense
10.4.4. Business
10.4.5. Residential
10.4.6. Renewable Energy
10.4.7. Communication
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low Voltage Industrial Controls Market Size and Volume Forecast by Type
10.7.1. MCB
10.7.2. MCCB
10.7.3. Contactors and Relays
10.7.4. Motor starters
10.7.5. Thermal Overload Relays
10.7.6. Others
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 Industrial Controls Demand Share Forecast, 2019-2026
11. Europe Low Voltage Industrial Controls 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 Industrial Controls 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 Industrial Controls Market Size and Volume Forecast by Application
11.4.1. Manufacture Industry
11.4.2. Transport (Railway)
11.4.3. Aerospace & Defense
11.4.4. Business
11.4.5. Residential
11.4.6. Renewable Energy
11.4.7. Communication
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low Voltage Industrial Controls Market Size and Volume Forecast by Type
11.7.1. MCB
11.7.2. MCCB
11.7.3. Contactors and Relays
11.7.4. Motor starters
11.7.5. Thermal Overload Relays
11.7.6. Others
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 Industrial Controls Demand Share, 2019-2026
12. Asia Pacific Low Voltage Industrial Controls 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 Industrial Controls 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 Industrial Controls Market Size and Volume Forecast by Application
12.4.1. Manufacture Industry
12.4.2. Transport (Railway)
12.4.3. Aerospace & Defense
12.4.4. Business
12.4.5. Residential
12.4.6. Renewable Energy
12.4.7. Communication
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low Voltage Industrial Controls Market Size and Volume Forecast by Type
12.7.1. MCB
12.7.2. MCCB
12.7.3. Contactors and Relays
12.7.4. Motor starters
12.7.5. Thermal Overload Relays
12.7.6. Others
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 Industrial Controls Demand Share, 2019-2026
13. Middle East & Africa Low Voltage Industrial Controls 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 Industrial Controls 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 Industrial Controls Market Size and Volume Forecast by Application
13.4.1. Manufacture Industry
13.4.2. Transport (Railway)
13.4.3. Aerospace & Defense
13.4.4. Business
13.4.5. Residential
13.4.6. Renewable Energy
13.4.7. Communication
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 Industrial Controls Market Size and Volume Forecast by Type
13.7.1. MCB
13.7.2. MCCB
13.7.3. Contactors and Relays
13.7.4. Motor starters
13.7.5. Thermal Overload Relays
13.7.6. Others
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 Industrial Controls Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low Voltage Industrial Controls Market: Market Share Analysis
14.2. Low Voltage Industrial Controls Distributors and Customers
14.3. Low Voltage Industrial Controls 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. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schneider Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. WEG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. General 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. CHINT Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rockwell Automation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitsubishi Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fuji Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Eaton
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Alstom
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
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