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The global disconnect switch market reached a value of US$ 13.2 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.3% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
A disconnect switch, or isolator switch, refers to a component of the electric circuit used for interrupting the flow of electrical current. It trips the flow of power, enables emergency shutdowns and facilitates switching to alternate sources of power. The switch consists of an enclosure, wired electrical contacts and actuator. The enclosure protects the contents from environmental hazards prevents the users from getting exposed to the live circuits. The handle and knobs are used for engaging or disengaging the contents without opening the enclosure. These switches are commonly available in the form of fusible and non-fusible variants and are used to de-energize a circuit, thereby providing a visual opening so that the circuit can be safely maintained, tested or repaired.
Rapid industrialization, along with extensive infrastructural development across the globe, is one of the key factors driving the growth of the market. Furthermore, the growing demand for efficient systems for generation, transmission and distribution of electricity, is providing a boost to the market growth. Disconnector switches are used in industrial power systems, transmission lines, substations, urban transportation and heavy manufacturing. In line with this, the widespread adoption of low-voltage disconnect switches across various industries, such as transportation, aviation, railways, telecommunications and power generation, is also contributing to the market growth. These switches can be mounted as a primary circuit breaker on switchboards and electrically closed and open devices, which is contributing to their increasing utilization across various industries. Additionally, rising awareness regarding the importance of maintaining the safety of workers in the electronics and manufacturing industries is acting as another growth-inducing factor. Safety sensors and disconnect switches are widely used in assembly lines, material handling units and conveyor systems to minimize occupational hazards. Other factors, such as increasing investments to improve the aging transmission and distribution infrastructure, are driving the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global disconnect switch market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, mount, voltage and application.
Breakup by Type:
Breakup by Mount:
Breakup by Voltage:
Breakup by Application:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., CG Power and Industrial Solutions Limited (Avantha Group), Eaton Corporation Plc, General Electric Company, Havells India Limited, Littelfuse Inc., Mersen, Rockwell Automation Inc., Schneider Electric, Siemens Aktiengesellschaft and Socomec Group S.A.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Mount, Voltage, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||ABB Ltd., CG Power and Industrial Solutions Limited (Avantha Group), Eaton Corporation Plc, General Electric Company, Havells India Limited, Littelfuse Inc., Mersen, Rockwell Automation Inc., Schneider Electric, Siemens Aktiengesellschaft and Socomec Group S.A|
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According to the estimates by IMARC Group, the global disconnect switch market is expected to witness a CAGR of 4.3% during 2021-2026.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nations resulting in temporary halt in the construction and renovation of energy-based infrastructures, thereby limiting the demand for disconnect switch.
Rapid industrialization, along with the growing demand for efficient systems for generation, transmission and distribution of electricity, represents some of the key drivers for the global disconnect switch market.
Increasing investments to improve the aging electricity transmission and distribution infrastructures represent one of the key trends in the global disconnect switch market.
On the basis of the type, the market has been bifurcated into fused and non-fused. Currently, non-fused segment holds the majority of the total market share.
The key companies in the global disconnect switch market are ABB Ltd., CG Power and Industrial Solutions Limited (Avantha Group), Eaton Corporation Plc, General Electric Company, Havells India Limited, Littelfuse Inc., Mersen, Rockwell Automation Inc., Schneider Electric, Siemens Aktiengesellschaft and Socomec Group S.A.
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