Global Disconnect Switch Market to Reach US$ 24.1 Billion by 2032, Propelled by Rapid Industrialization

March 01, 2023 | Electronics and Semiconductors

IMARC Group's latest report, titled "Disconnect Switch Market Report by Type (Fused, Non-Fused), Mount (Panel, DIN Rail, and Others), Voltage (Low, Medium, High), Application (Industrial, Residential, Commercial), and Region 2024-2032," finds that the global disconnect switch market size reached US$ 15.0 Billion in 2023. A disconnect switch, also known as an isolator switch, is a key component of an electrical circuit that controls the flow of the electric current. It facilitates interruption of the power flow, enables emergency shutdowns, and allows switching to backup power sources. It consists of a protective casing, wired electrical connections, and an actuating mechanism. The case protects the components against external hazards and prevents exposure to live circuits. The handle or knob can activate or deactivate the switch without opening the casing. At present, the disconnect switch is commonly available in both fusible and non-fusible variants and is widely used to de-energize a circuit to enable the safe maintenance, testing, or repairs of the circuit by providing a visual opening. 

Global Disconnect Switch Market Trends:

Rapid industrialization and rising infrastructural development activities represent the primary factors driving the market growth. Moreover, the increasing demand for effective systems for generating, transmitting, and distributing electricity is positively influencing the market growth. Along with this, several favorable initiatives by governments of numerous countries to expand transmission and distribution network infrastructure to ease electricity access have catalyzed market growth. Additionally, there has been a rise in the use of disconnect switches in numerous sectors, including industrial power systems, heavy manufacturing, transmission lines, substations, and urban transportation. In line with this, the surging adoption of low-voltage disconnect switches across numerous industries, such as aviation, telecommunications, railways, transportation, and power generation, as they can be used as main circuit breakers on switchboards, is another major growth-inducing factor. Besides this, the rising concerns about worker safety in the electronics and manufacturing industries are propelling the market growth. Furthermore, the escalating demand for safety switches and disconnectors in assembly lines, material handling units, and conveyor systems to reduce workplace hazards has catalyzed the market growth. Apart from this, rising investments to upgrade aging transmission and distribution infrastructure is contributing to the market growth. Other factors, including the surging adoption of electric vehicles, increasing utilization of safety equipment, and rising electricity consumption, are also anticipated to create a positive market outlook. Looking forward, IMARC Group expects the market value to reach US$ 24.1 Billion by 2032, expanding at a CAGR of 5.2% during 2024-2032.

Market Summary:

  • On the basis of the type, the market has been bifurcated into fused and non-fused. 
  • Based on the mount, the market has been divided into panel, DIN rail, and others.
  • The market has been categorized based on voltage into low, medium, and high.
  • On the basis of the application, the market has been segmented into industrial, residential, and commercial.
  • Region-wise, the market has been segregated into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa. 
  • The competitive landscape of the market has also been examined, 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.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Disconnect Switch Market to Reach US$ 24.1 Billion by 2032, Propelled by Rapid Industrialization
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More