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Disconnect Switch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Disconnect Switch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • September 2020
  • 109 pages
  • ID: 5968618
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global disconnect switch market grew at a CAGR of around 7% during 2014-2019.

A disconnect switch, or isolator switch, refers to a component of the electric circuit used for interrupting the flow of electrical current. It trips the flow of power, enables emergency shutdowns and facilitates switching to alternate sources of power. The switch consists of an enclosure, wired electrical contacts and actuator. The enclosure protects the contents from environmental hazards prevents the users from getting exposed to the live circuits. The handle and knobs are used for engaging or disengaging the contents without opening the enclosure. These switches are commonly available in the form of fusible and non-fusible variants and are used to de-energize a circuit, thereby providing a visual opening so that the circuit can be safely maintained, tested or repaired.

Rapid industrialization, along with extensive infrastructural development across the globe, is one of the key factors driving the growth of the market. Furthermore, the growing demand for efficient systems for generation, transmission and distribution of electricity, is providing a boost to the market growth. Disconnector switches are used in industrial power systems, transmission lines, substations, urban transportation and heavy manufacturing. In line with this, the widespread adoption of low-voltage disconnect switches across various industries, such as transportation, aviation, railways, telecommunications and power generation, is also contributing to the market growth. These switches can be mounted as a primary circuit breaker on switchboards and electrically closed and open devices, which is contributing to their increasing utilization across various industries. Additionally, rising awareness regarding the importance of maintaining the safety of workers in the electronics and manufacturing industries is acting as another growth-inducing factor. Safety sensors and disconnect switches are widely used in assembly lines, material handling units and conveyor systems to minimize occupational hazards. Other factors, such as increasing investments to improve the aging transmission and distribution infrastructure, are driving the market further. Looking forward, the analyst expects the global disconnect switch market to continue its moderate growth during the next five years.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global disconnect switch market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, type, mount, voltage, and application.

Breakup by Type:
Fused
Non-Fused

Breakup by Mount:
Panel
DIN Rail
Others

Breakup by Voltage:
Low
Medium
High

Breakup by Application:
Industrial
Residential
Commercial

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., CG Power and Industrial Solutions Limited (Avantha Group), Eaton Corporation Plc, General Electric Company, Havells India Limited, Littelfuse Inc., Mersen, Rockwell Automation Inc., Schneider Electric, Siemens Aktiengesellschaft and Socomec Group S.A.

Key Questions Answered in This Report:
How has the global disconnect switch market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global disconnect switch market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the mount?
What is the breakup of the market based on the voltage?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global disconnect switch market and who are the key players?
What is the degree of competition in the industry?

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