In electrical engineering low voltage is a relative term, the definition varying by context. Different definitions are used in electric power transmission and distribution, and electrical safety codes define "low voltage" circuits that are exempt from the protection required at higher voltages.Low voltage protection is just what it sounds like; protection for the motor from low voltage.
This report contains market size and forecasts of Low Voltage Protection and Control Devices in global, including the following market information:
Global Low Voltage Protection and Control Devices Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Low Voltage Protection and Control Devices Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Low Voltage Protection and Control Devices companies in 2021 (%)
The global Low Voltage Protection and Control Devices market was valued at 15540 million in 2021 and is projected to reach US$ 21540 million by 2028, at a CAGR of 4.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Protection Equipment Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Low Voltage Protection and Control Devices include ABB, Eaton, Fuji Electric co. ltd, Hitachi, Rockwell Automation, Schneider Electric, Siemens, WEG SA and Legrand and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Low Voltage Protection and Control Devices manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Low Voltage Protection and Control Devices Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Voltage Protection and Control Devices Market Segment Percentages, by Type, 2021 (%)
Protection Equipment
Switching Equipment
Monitoring Devices
Global Low Voltage Protection and Control Devices Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Voltage Protection and Control Devices Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Industrial
Global Low Voltage Protection and Control Devices Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Voltage Protection and Control Devices Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Low Voltage Protection and Control Devices revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Low Voltage Protection and Control Devices revenues share in global market, 2021 (%)
Key companies Low Voltage Protection and Control Devices sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Low Voltage Protection and Control Devices sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Eaton
Fuji Electric co. ltd
Hitachi
Rockwell Automation
Schneider Electric
Siemens
WEG SA
Legrand
Emerson Electric Co.