North America Low Voltage Switchgear Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America Low Voltage Switchgear Market is Segmented by Application (Substation and Distribution), Installation (Indoor and Outdoor), Voltage Rating (Below 250 V, 250 V - 750V, and 750V - 1000 V), and Geography (United States, Canada, and Rest of North America). The report offers the market size and forecasts in revenue (USD) for all the above segments.

North America Low Voltage Switchgear Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America Low Voltage Switchgear Industry Overview

The low voltage switchgear market is fragmented. Some of the key players in this market (not in a particular order) include ABB Ltd., Mitsubishi Electric Corporation, Schneider Electric, Rockwell Automation, and Toshiba Corporation, among others.

According to the Toshiba Corporation, the company’s strategic methods include, expaning company's manufacturing facilities that act as catalysts for the organic growth by increasing its solutions and high-value services offerings and capabilities​. For instance, in March 2023, Siemens invested USD 32.61 million to expand its switchgear plant in Frankfurt-Fechenheim. A smart, fully automated high-speed warehouse and a 1,200 square-meter extension to an existing hall are being built on the 160,000 square-meter site.

North America Low Voltage Switchgear Market Leaders

  1. ABB Ltd.

  2. Schneider Electric

  3. Siemens

  4. Mitsubishi Electric Corporation

  5. Rockwell Automation

  6. *Disclaimer: Major Players sorted in no particular order
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