Global Low-voltage Electrical Appliances Market Insights, Forecast to 2028

Low-voltage electrical appliances are components or devices that can manually or automatically switch on and off circuits according to external signals and requirements to realize the switching, control, protection, detection, transformation and adjustment of circuits or non-electric objects.
Market Analysis and Insights: Global Low-voltage Electrical Appliances Market
Due to the COVID-19 pandemic, the global Low-voltage Electrical Appliances market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Power Distribution Appliances accounting for % of the Low-voltage Electrical Appliances global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Industrial segment is altered to an % CAGR throughout this forecast period.
China Low-voltage Electrical Appliances market size is valued at US$ million in 2021, while the US and Europe Low-voltage Electrical Appliances are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Low-voltage Electrical Appliances landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Low-voltage Electrical Appliances include ABB, Schneider Electric, GE, Eaton, Mitsubishi Electric, Siemens, Legrand, Panasonic and Fuji Electric, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Low-voltage Electrical Appliances capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Low-voltage Electrical Appliances by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Low-voltage Electrical Appliances Scope and Segment
Low-voltage Electrical Appliances market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Low-voltage Electrical Appliances market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Power Distribution Appliances
Terminal Appliances
Control Appliances
Power Supply Appliances
Electronic Appliances
Segment by Application
Industrial
Commercial
Civil Building
By Company
ABB
Schneider Electric
GE
Eaton
Mitsubishi Electric
Siemens
Legrand
Panasonic
Fuji Electric
Huyu Group
Zhejiang Chint Electrics
Delixi Group Company Limited
Zhejiang Tengen Electrics
Liangxin Electrical
Changshu Switchgear Manufacturing
People Electric
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E