Global $4.17 Billion Load Break Switch Market Outlook to 2027 Featuring ABB, Eaton, GE, Rockwell Automation, Schneider, Siemens - ResearchAndMarkets.com

The "Load Break Switch - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Global Load break Switch Market accounted for $2.34 billion in 2019 and is expected to reach $4.17 billion by 2027, growing at a CAGR of 7.5% during the forecast period.

Increasing investment in the power distribution sector and refurbishment of aging power infrastructure are the major factors propelling the market growth. However, slowdown in global oil & gas sector and availability of counterfeit products are hampering the market growth.

Load break switch refers to a disconnect switch whose function is to make or break the electrical connection at certain specified levels of current. A load break switch is generally used for medium voltage level systems for the purpose of switching and protection. In simpler terms, a load break switch is designed to cut off the healthy circuits or to disconnect the load in case of any faults or for maintenance purpose.

As a safety measure, load break switches are turned on under no-load conditions. Hence, it has no making capacity unlike the Circuit breaker which are designed to operate under abnormal conditions such as over current or transients, in order to clear the fault and isolate the electrical system and the connected load.

Based on the type, the gas-insulated segment is going to have a lucrative growth during the forecast period due to the expansion and refurbishment projects in the utility sector. The market for the utility segment is driven by the investments being made by electric utilities on refurbishing the existing electrical infrastructure to avoid power failures and deterioration of the existing electrical infrastructure.

By geography, Asia-Pacific is going to have a lucrative growth during the forecast period due to the increasing focus on the power distribution sector, of which load break switch is a part. Countries such as China, Japan, and India are the key markets for load break switches in Asia-Pacific. The refurbishment of aging electrical infrastructure in the region is expected to drive the market in Asia-Pacific.

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024, and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Some of the key players profiled include

  • ABB
  • Eaton
  • Ensto
  • Fuji Electric
  • GE
  • Katko Oy
  • Larsen & Toubro Limited
  • Lucy Electric
  • Powell Electric
  • Rockwell Automation, Inc.
  • Safvolt Switchgears Private Limited
  • Schneider
  • Siemens
  • Socomec

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 End-user Analysis

3.8 Emerging Markets

3.9 Impact of COVID-19

4 Porters Five Forces Analysis

4.1 Bargaining Power of Suppliers

4.2 Bargaining Power of Buyers

4.3 Threat of Substitutes

4.4 Threat of New Entrants

4.5 Competitive Rivalry

5 Global Load Break Switch Market, By Voltage

5.1 Introduction

5.2 11-33 kV

5.3 33-60 kV

5.4 Below 11 kV

6 Global Load Break Switch Market, By Installation

6.1 Introduction

6.2 Indoor

6.3 Outdoor

7 Global Load Break Switch Market, By Type

7.1 Introduction

7.2 Air-Insulated Load Break Switch

7.3 Gas-Insulated Load Break Switch

7.4 Oil-Immersed Load Break Switch

7.4.1 Fused Oil-Immersed Load Break Switch

7.4.2 Non-Fused Oil-Immersed Load Break Switch

7.5 Vacuum Load Break Switch

8 Global Load Break Switch Market, By Application

8.1 Introduction

8.2 Photovoltaic Installations

8.3 Machine Control

8.4 Power Distribution

9 Global Load Break Switch Market, By End-user

9.1 Introduction

9.2 Commercial

9.2.1 Airport

9.2.2 Data Center

9.2.3 Hospital

9.3 Industrial

9.4 Utilities

10 Global Load Break Switch Market, By Geography

11 Key Developments

11.1 Agreements, Partnerships, Collaborations and Joint Ventures

11.2 Acquisitions & Mergers

11.3 New Product Launches

11.4 Expansions

11.5 Other Key Strategies

12 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/r/fwg58r