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. Disconnect switches, also known as isolator switches, represent the components of the electric circuit used for interrupting the flow of electrical current. They generally consist of wired electrical contacts, enclosure, and an actuator that assists in protecting the contents from environmental hazards and preventing the users from getting exposed to the live circuits. Some of the commonly available variants include double-break, center-break, pantograph, vertical and horizontal disconnectors, etc. They trip the power flow to enable emergency shutdowns and offer the possibility of switching to alternate power sources. Consequently, disconnect switches are extensively utilized across several sectors, such as industrial, commercial, residential, etc.
Disconnect Switch Market Trends:
The increasing demand for efficient systems for the generation, transmission, and distribution of electricity is primarily driving the disconnect switch market. Additionally, the widespread product adoption in transmission lines, industrial power systems, substations, urban transportation, heavy manufacturing, etc., is further catalyzing the market growth. Besides this, the growing utilization of low-voltage disconnectors and non-contact switches across numerous industries, such as transportation, aviation, railways, telecommunications, power generation, etc., is acting as another significant growth-inducing factor. Moreover, the escalating need for safety sensors in assembly lines, material handling units, and conveyor systems to minimize occupational hazards is also augmenting the global market. Apart from this, the rising investments to improve the aging transmission and distribution infrastructure are projected to fuel the disconnect switch market over the forecasted period. Looking forward, IMARC Group expects the global disconnect 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.
- Rockwell Automation Inc.
- Schneider Electric
- Siemens Aktiengesellschaft
- Socomec Group S.A.
Disconnect Switch Market Segmentation:
Breakup by Type:
Breakup by Mount:
- DIN Rail
Breakup by Voltage:
Breakup by Application:
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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