The Low Voltage Switchgear Global Market Report 2021-31 by The Business Research Company describes and explains the global low voltage switchgear market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Low Voltage Switchgear Global Market Report 2022 covers low voltage switchgear market drivers, low voltage switchgear market trends, low voltage switchgear market segments, low voltage switchgear market growth rate, low voltage switchgear market major players, and low voltage switchgear market size.
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The low voltage switchgear market report provides in-depth analysis of the impact of COVID-19 on the global low voltage switchgear industry along with revised market numbers due to the effects of the coronavirus and the expected low voltage switchgear market growth numbers for 2022-2031.
The global low voltage switchgear market size is expected to grow from $25.77 billion in 2021 to $29.54 billion in 2022 at a compound annual growth rate (CAGR) of 14.6%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The low voltage switchgear market share is expected to reach $46.34 billion in 2026 at a CAGR of 11.9%.
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Low Voltage Switchgear Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global low voltage switchgear market is segmented –
1) By Product: Fixed Mounting, Plug-In, Withdrawable Unit
2) By End-User: Residential, Commercial, Industrial
3) By Voltage Rating: Less than 250V, 250-750V, 751-1000V
4) By Installation: Indoor, Outdoor
The table of contents in TBRC’s low voltage switchgear market report includes:
- Executive Summary
- Low Voltage Switchgear Market Characteristics
- Low Voltage Switchgear Market Trends And Strategies
- Impact Of COVID-19 On Low Voltage Switchgear
- Low Voltage Switchgear Market Size And Growth
- Africa Low Voltage Switchgear Market
- Low Voltage Switchgear Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Low Voltage Switchgear Market
- Low Voltage Switchgear Market Future Outlook and Potential Analysis
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