A disconnector switch is employed to isolate or disconnect an electric device from its power source. Disconnector switches are widely used in the current construction and industrial fields. The rising safety consciousness among people is one of the major factors giving potential to the market growth of disconnector switches. Mandatory safety regulations and rules in industries and construction sectors are driving the market for global disconnector switches. The convenience provided by disconnector switches during maintenance of electrical systems or devices is one of the major factors increasing the popularity of disconnector switches. Isolation of electrical components or devices from the power supply by disconnector switches provides more convenience and safety for the operators in the maintenance work. The safety regulations and rules made by the government and government agencies are also increasing the use of disconnector switches in construction work. The application of disconnector switches for maintaining proper safety in large industries and production sectors is also fuelling the demand for disconnector switches in the market. The rapid growth in urbanization rates is also contributing to the market growth of disconnector switches. The support offered by the government in providing power supply and transmission lines to remote areas is upgrading, developing countries in their power transmission sector. The development in power transmission line systems and power supply is pushing the need for safety and proper maintenance in the power distribution sector, increasing the market demand and market value of disconnector switches.
The recent outbreak of the COVID-19 pandemic has adversely affected the market growth of the global disconnector switch market. The government's lockdowns and isolations to prevent COVID spread resulted in the shutdown of production plants and industries, resulting in a decline in the global disconnector switch market The shutdown of industries during the COVID period resulted in a decrease in demand for disconnector switches in the market. The unavailability of employees and workers in industries and electronic device production plants resulted in less production of disconnector switches in the market. The unavailability of workers due to the COVID protocol has a negative impact on the production and manufacture of electronic components and devices. The regulations and blocks imposed on the supply chain sector of electronic components resulted in a decrease in the export and import rates of electronic components like disconnector switches in the international market.
The rising awareness of safety is one of the major factors driving the market growth of disconnector switches in the global market. Safety ensured by disconnector switches is one of the major advantages offered by disconnector switches in complex electrical circuits and electrical systems. According to the NCRB (National Crime Records Bureau) of India, approximately 2,255 mortalities have been recorded in India due to accidents caused by electrical short circuits. In India, Mumbai is recorded as the state with the highest electrical accidents. The complete isolation from the power supply of electrical circuits by disconnector switches provides more safety to maintenance workers. Disconnector switches provide more convenience for workers when operating electrical circuits. The safety regulations and rules of the ILO (International Labour Organisation) are also increasing the use of disconnector switches in electrical circuit systems. The government’s rules and policies on maintaining proper safety measures in the electrical circuits of residential and commercial buildings are boosting the demand for disconnector switches in the global market.
The rapid growth in the urbanization rate is one of the major factors driving the growth of the global disconnector switch market. The advancements made by developing-country governments are improving the country's power transmission and electrical sectors. The development of countries' power infrastructure and improvements in transmission lines are increasing the need for proper safety measures in electrical circuits of commercial and residential buildings, which is contributing to the market growth of disconnector switches. The Asia-Pacific region led the market Geographically, the Asia Pacific region holds the lion's share of the global disconnector switche market. The rapid industrialization in Asia Pacific countries like China, Japan, and India is giving potential to the market growth of electrical safety components like disconnector switches. The vast developing power transmission sector and the presence of technological giant companies in the Asia Pacific region are also expected to fuel the market growth of disconnector switches in the forecasted years.
The recent outbreak of the COVID-19 pandemic has adversely affected the market growth of the global disconnector switch market. The government's lockdowns and isolations to prevent COVID spread resulted in the shutdown of production plants and industries, resulting in a decline in the global disconnector switch market The shutdown of industries during the COVID period resulted in a decrease in demand for disconnector switches in the market. The unavailability of employees and workers in industries and electronic device production plants resulted in less production of disconnector switches in the market. The unavailability of workers due to the COVID protocol has a negative impact on the production and manufacture of electronic components and devices. The regulations and blocks imposed on the supply chain sector of electronic components resulted in a decrease in the export and import rates of electronic components like disconnector switches in the international market.
Rising Consciousness for Safety and Convenience
The rising awareness of safety is one of the major factors driving the market growth of disconnector switches in the global market. Safety ensured by disconnector switches is one of the major advantages offered by disconnector switches in complex electrical circuits and electrical systems. According to the NCRB (National Crime Records Bureau) of India, approximately 2,255 mortalities have been recorded in India due to accidents caused by electrical short circuits. In India, Mumbai is recorded as the state with the highest electrical accidents. The complete isolation from the power supply of electrical circuits by disconnector switches provides more safety to maintenance workers. Disconnector switches provide more convenience for workers when operating electrical circuits. The safety regulations and rules of the ILO (International Labour Organisation) are also increasing the use of disconnector switches in electrical circuit systems. The government’s rules and policies on maintaining proper safety measures in the electrical circuits of residential and commercial buildings are boosting the demand for disconnector switches in the global market.
Rapid Growth in Urbanization Rates
The rapid growth in the urbanization rate is one of the major factors driving the growth of the global disconnector switch market. The advancements made by developing-country governments are improving the country's power transmission and electrical sectors. The development of countries' power infrastructure and improvements in transmission lines are increasing the need for proper safety measures in electrical circuits of commercial and residential buildings, which is contributing to the market growth of disconnector switches. The Asia-Pacific region led the market Geographically, the Asia Pacific region holds the lion's share of the global disconnector switche market. The rapid industrialization in Asia Pacific countries like China, Japan, and India is giving potential to the market growth of electrical safety components like disconnector switches. The vast developing power transmission sector and the presence of technological giant companies in the Asia Pacific region are also expected to fuel the market growth of disconnector switches in the forecasted years.
Market Segmentation
By Type
- Fused switches
- Non-Fused switches
By Mount
- Panel
- DIN Rail
- Others
By Voltage
- High
- Medium
- Low
By Application
- Industrial
- Commercial
By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Disconnector Switch Market Analysis, by Type
6. Global Disconnector Switch Market Analysis, by Mount
7. Global Disconnector Switch Market Analysis, by Voltage
8. Global Disconnector Switch Market Analysis, by Application
9. Global Disconnector Switch Market Analysis, by Geography
10. Competitive Environment and Analysis
11. Company Profiles
Companies Mentioned
- Siemens AG
- General Electric Company
- ABB Ltd.
- Eaton Corporation
- Schneider Electric SE
- Mersen S.A
- Havells India Ltd
- Socomec
- Driescher
- Leviton Manufacturing Co., Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 124 |
Published | April 2022 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 11.08 billion |
Forecasted Market Value ( USD | $ 15.72 billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |