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Panel Mounted Industrial Disconnect Switch Market Share

Report ID: GMI11765
Published Date: Oct 2024
Report Format: PDF

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Panel Mounted Industrial Disconnect Switch Market Share

Panel Mounted Industrial Disconnect Switch Company Market Share Analysis, 2023

Siemens specializes in automation, electrification and digitalization. The company offers solutions in building and drive technology, energy, financing, and industrial automation. Its building automation range includes HVAC and digital lifecycle products, while drive technology features various converters and motion control motors. Siemens also provides infrastructure solutions focusing on smart buildings, power distribution, and energy management.

Panel Mounted Industrial Disconnect Switch Market Companies

Major players operating in the panel mounted industrial disconnect switch industry are:

ABB
c3controls
Eaton
Emerson Electric
EMSPEC
General Electric
Giovenzana International
Havells India
Hubbell
Littelfuse
Lovato Electric
Mersen
Richards Manufacturing
Rittal
Rockwell Automation
Salzer
Schneider Electric
Siemens
Socomec
WEG

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The global market for panel-mounted industrial disconnect switches was crossed USD 7.2 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2032, driven by the increasing demand for reliable electrical equipment and the implementation of stricter safety regulations.

The high-voltage segment of the panel-mounted industrial disconnect switch market is expected to surpass USD 6 billion by 2032, propelled by the rising need for isolation equipment and reliable protection solutions.

The non-fused panel-mounted industrial disconnect switch segment is anticipated to grow at a CAGR of over 6% through 2032, on account of modernization of industrial facilities in tandem with adoption of advanced electrical systems.

The U.S. market for panel-mounted industrial disconnect switches is projected to exceed USD 2.5 billion by 2032, attributed to stringent safety regulations that are driving the adoption of efficient, compact, and advanced fused disconnect switches.

Some of the major players in the panel-mounted industrial disconnect switch industry include ABB, Eaton, Siemens, Schneider Electric, Emerson Electric, Rockwell Automation, General Electric, and WEG, c3controls, Havells India, Socomec, and Hubbell.