The report
for Disconnect Switch of Market Research Future comprises of extensive primary
research along with the detailed analysis of qualitative as well as
quantitative aspects by various industry experts, key opinion leaders to gain
the deeper insight of the market and industry performance. The report gives the
clear picture of current market scenario which includes historical and
projected market size in terms of value and volume, technological advancement,
macro economical and governing factors in the market.
Market Scenario
Rapid
industrialization in the Asia-Pacific region mainly in the India and China
region has massively contributed to the growth of the Disconnect Switch market.
Non-Fused type disconnect switches have been gaining popularity owing to the fact
that it doesn’t require any additional fuse protection. Its market is expected
to grow at a comparatively fast pace as that for fused type switches. The
Disconnect Switch Market is expected to register a CAGR of about 6-7% in the
forecast period.
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Key Players
Some of the
key players in the Disconnect Switch Market are: Eaton Corporation (Ireland),
General Electric Company (U.S.), Share-Tech (HK) Limited (China), ABB Ltd.
(Switzerland), Elemech International FZE (UAE), Siemens AG (Germany), Schneider
Electric SE (France), and Wenzhou Shuguang Fuse Co., Ltd. (China)
Segmental Analysis
The
Disconnect Market can be segmented on the basis of Type into, fused and
non-fused categories. On the basis of mounting types it has been categorized as
panel, DIN rail, and others. With respect to voltage range the market has been
divided into high, medium, and low voltage switches. The market has also been
segmented on the basis of end-user as utility, manufacturing, infrastructure,
commercial, and other end-users.
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Detailed Regional Analysis of
Disconnect Switches
Asia Pacific
is the largest market for disconnect switch market and holds a considerably
high market share as compared to other regions. Its dominance in this market
can be mainly attributed mainly to the significant increase in infrastructural
activities as well as rapid expansion in the electrical supply networks in the
developing nations. North America and Europe also are expected to provide ample
growth opportunities to the players in this market.
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