Controlgear - Low Voltage

The low voltage controlgear market research report delivers current market analysis plus a five-year market and technology forecast.  The report is available in multiple editions, including worldwide, all regions, and most major countries.  

Digitalization Drives Growth in Low Voltage Controlgear Market

​According to ARC Advisory Group’s research on the market for low voltage controlgear, digitalization across industries is driving growth in this market. Low voltage controlgear is used in industrial applications to control and protect electric motors and other equipment from surges, ground faults, and short circuits. It also provides basic control functions, such as start/stop and ramp up to speed. Although the low voltage controlgear market consists primarily of electromechanical devices that are part of a larger system of equipment and wiring, they are a critical element in the digitalization process, and this wave of digitalization is one of the primary growth drivers for this market over the next five years.

Low Voltage Controlgear Market Strategic Issues

In addition to providing a five-year market forecast, the low voltage controlgear market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Buy Tough, Not Cheap

Low voltage controlgear devices are near commodities because they are substitutable, meaning that components can often be exchanged for a device from another manufacturer. This gives buyers a wide choice of suppliers without the need to commit to specifications of a single supplier. However, a controlgear is made up of electromechanical devices that switch a lot of current and are subject to both mechanical and electrical stress. Low-cost devices are available, but buyers should consider environmental demands and not automatically choose the lowest bidder.

Save Energy, Extend Asset Life with Controlgear

Controlgears not only protect electric motors but can also be used to save energy and extend the life of motors. While industrial motors are relatively cheap, they use a lot of energy, and unexpected failures that shut down production lines can negatively affect operational costs. Controlgears can be used intelligently to turn off motors when not in use, while controlling surges or ramping up power to motors. They also aid in relieving stress to motor bearings as well as the parts of the machine moved by the motors. Better monitoring of electric motors means less unexpected downtime and longer asset life.

Demand for More Asset Investment Protection

Greater investment in components to protect electrical equipment such as electric motors from damage due to overload or short circuits.

Market Consolidation

The market for low voltage controlgear is ripe for consolidation. While margins remain healthy, the pressure to offer “deal-sealing” discounts is high. Controlgear products are commodities and are easily substituted. This makes it increasingly difficult for smaller suppliers to compete on anything but price. If the financials are in order, look for acquisitions in the coming years.