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Worldwide Industry for Load Break Switches to 2025 - Utilities Segment to Dominate in the Market - ResearchAndMarkets.com


The "Load Break Switch Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

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.

The load break switch market is expected to grow at a CAGR of more than 4.3% during the forecast period 2020-2025. Factors such as the growing power generation sector, refurbishment of aging power infrastructure, and increased investment in the power distribution sector are expected to drive the load break switch market, globally.

In addition, the growing renewable-based power generation is predicted to boost the demand for load break switches. However, factors such as delays in T&D projects in various countries coupled with the negative impact of COVID-19 on the power sector are expected to hinder the growth of the market.

Companies Mentioned

Key Market Trends

Utilities Segment to Dominate in the Market

The utility segment is estimated to dominate the market for load break switches over the forecast period. 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.

Asia-Pacific is Expected to Witness Significant Growth

The Asia-Pacific region witnessed an exponential growth in power plant installation projects, especially in major countries such as India, Japan, and China. With the increase in demand for power, there is an increase in power generation projects that pushes the need for load break switches in power generation sites. With these countries in the region, investing in major power generation and grid upgrade plans is expected to command a major share of the market.

Key Topics Covered:

1 INTRODUCTION

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY

4 MARKET OVERVIEW

4.1 Introduction

4.2 Market Size and Demand Forecast in USD biliion, till 2025

4.3 Recent Trends and Developments

4.4 Government Policies and Regulations

4.5 Market Dynamics

4.5.1 Drivers

4.5.2 Restraints

4.6 Supply Chain Analysis

4.7 Porter's Five Force Analysis

5 MARKET SEGMENTATION

5.1 Type

5.1.1 Gas-Insulated

5.1.2 Air-Insulated

5.1.3 Others

5.2 Deployment

5.2.1 Outdoor

5.2.2 Indoor

5.3 End-User

5.3.1 Utilities

5.3.2 Commercial

5.3.3 Industrial

5.4 Geography

5.4.1 North America

5.4.2 Europe

5.4.3 Asia-Pacific

5.4.4 South America

5.4.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Strategies Adopted by Leading Players

6.3 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/cxz2ke


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