The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
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.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at