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.  The market growth is expected to fall remarkably during the forecast period due to the uncertainties ushered upon by the novel coronavirus across the globe.  

The Low Voltage Controlgear Market Is Mature with Moderate Growth

The low voltage controlgear market enjoyed robust growth in 2017 and 2018. But the growth run was already stuttering in 2019 and continued so in the first month of 2020 due to the current global pandemic situation, political reasons, and major economic uncertainties.  Apart from these huge inhibiting factors, ARC expects that global demand for low voltage controlgear to grow moderately in the coming years over the forecast period.

Low Voltage Controlgear MarketLow voltage controlgear consists of electromechanical devices that are part of a larger system of equipment and wiring.  The technology is mature, so there is little development.  Hence, trends are subtle and major trends tend to follow those of related products like AC drives.

Asia has become the largest market, driven by the ongoing manufacturing boom followed by Europe and North America.  Part of that growth is due to greater use of automation to replace manual workers as labor costs rise.  In addition, industrial organizations around the world are investing more to protect expensive assets like electrical equipment and machinery from damage due to overload or short circuits.

The two largest technical standards for controlgear are NEMA in North America and IEC in the rest of the world.  While NEMA is still strong in the US market, IEC components are becoming more popular there due to their compact size, larger variety of sizes, and lower prices. 

Motor management systems (MMS) integrate motor control components into a system that is easier to start up and offers diagnostics for maintenance.  An MMS makes sense in mission-critical applications and those for which unpredicted downtime is unacceptable.  This solution is more expensive than using individual components, so it is important to develop a business case to show that such a solution may be more economical for the user in the long term. 

Low Voltage Controlgear Market Strategic Issues

Low Voltage Controlgear Market TrendsMost suppliers sell controlgear as part of a larger portfolio of automation and power management products.  For this reason, strategic issues center mostly on taking advantages of synergies between these domains.  Key strategic issues include:

Strategic Issue for Vendors: Seek Suppliers That Embrace Digitalization

Global megatrends are rapidly transforming the industrial operations of end users. Suppliers must now embrace smart technologies and have deep application knowledge to offer valued solutions to end users. To this end, digitalization presents a huge opportunity for end users and suppliers.

Strategic Issue for Users: Provide Tailored Solutions to Individual Customer Needs

In order to stay competitive, suppliers need to rapidly design, modify, create and customize products based on changing customer needs and applications. Suppliers need to work in cooperation with customers to develop custom products and provide specialized services to aid them. Providing practical solutions based on customer-specific needs and developing and implementing tailor-made engineering solutions can help in building customer relationships and promoting a positive brand image.

Low Voltage Controlgear Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:  

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Country Profiles (includes country data) No Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Industry Trends
  • Regional Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe/Middle East/Africa
    • Asia
    • Latin America
  • Market Shares by Hardware Type
    • Contactors <=55 kW
    • Contactors >55 kW
    • Contactor Relays
    • Overload Relays
    • Solid-State Relays
    • Circuit Breakers MSP
    • Motor Management Systems
    • Centralized Motor Starters
    • Decentralized Motor Starters
    • Soft Starters
  • Market Shares by Industry
    • Aerospace & Defense
    • Automotive
    • Building Automation
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electronics & Electrical
    • Food & Beverage
    • Machinery Manufacturing
    • Metals
    • Mining
    • Oil & Gas
    • Petrochemical
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Semiconductors
    • Water & Wastewater
  • Market Shares by Machinery Segment
  • Market Shares by Network Device
  • Market Shares by Sales Channel
  • Market Shares by Customer Type

Market Forecasts and Histories

  • Total Shipments of Low Voltage Controlgear
  • Shipments by Region
    • North America
    • Europe/Middle East/Africa
    • Asia
    • Latin America
  • Shipments by Hardware Type
    • Contactors <=55 kW
    • Contactors >55 kW
    • Contactor Relays
    • Overload Relays
    • Solid-State Relays
    • Circuit Breakers MSP
    • Motor Management Systems
    • Centralized Motor Starters
    • Decentralized Motor Starters
    • Soft Starters
  • Shipments by Industry
    • Aerospace & Defense
    • Automotive
    • Building Automation
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electronics & Electrical
    • Food & Beverage
    • Machinery Manufacturing
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Semiconductors
    • Water & Wastewater
  • Shipments by Machinery Segment
  • Shipments by Network Device
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market.

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market History & Forecast Analysis 

  • Market History & Forecast by Country
  • Market History & Forecast by Industry

Industry Participants

List of countries & currencies included in each region: MIRA-Country

Country Research Focus Areas

​​Please contact us for the countries available for this study.