The IMARC Group provides extensive analysis of the disconnect switch industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on disconnect switch market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
- Historical market data from 2016-2021
- CAGR of the market during the forecast period 2022-2027
- Detailed information on factors that will drive market growth during the next five years
- Precise estimation of the Keyword market size and its contribution to the parent market
- Upcoming market trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on key players
- Comprehensive details of factors that will challenge the growth of smart meters market key players
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The global disconnect switch market size reached US$ 13.3 Billion in 2021. A disconnect switch is a crucial component of the electric circuit that is used for interrupting the flow of electrical current. The switch consists of a wired electrical actuator and contacts, and an enclosure. The disconnect switch trips the flow of power, which enables emergency shutdowns. The enclosure protects the contents from any type of environmental hazards, further preventing the users from getting exposed to live circuits. Currently, disconnect switches are available in the form of non-fusible and fusible variants and are used to de-energize circuits. They provide a visual opening so the circuit can be safely tested, maintained, or repaired.
Disconnect Switch Market Trends:
The rising demand for efficient systems for transmission, generation, and distribution of electricity is one of the key factors driving the market growth. The increasing awareness regarding the importance of maintaining the safety of workers in the manufacturing and electronics industries is another growth-inducing factor. Besides this, the surging investments to improve the aging transmission and distribution infrastructure is creating a positive outlook for the market. Looking forward, IMARC Group expects the disconnect switch market to reach US$ 19.0 Billion by 2027, exhibiting a growth rate (CAGR) of 6.1% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- 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
- Socomec Group S.A.
Disconnect Switch Market Segmentation:
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
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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