Key Disconnect Switch Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The global disconnect switch market is characterized by high levels of consolidation, with a handful of leading companies rationalizing a majority of the market share, namely ABB, Schneider Electric, Siemens, Eaton, and GE. Large manufacturers deploy significant research and development funding, product and service innovation, and joint partnerships in their portfolios. Smart grid first movers have been predominantly European-based companies, while US and Indian based players are oriented towards ramping up the manufacturing abilities of localized supply chains in their specific markets. As the demand for smart grid products was struck by the pandemic and economic scenario, many manufacturers have either gone the merger or local joint venture route and have been pursuing green energy compliance. New players from South Korea, Malaysia, and Australia are entering the competitive landscape by providing a lower-cost, better technology offering for the rising demand in industrial automation and renewable energy.
Some of the key players operating in the disconnect switch market are listed below:
|
Company Name |
Country of Origin |
Approx. Market Share (%) |
|
ABB Ltd. |
Switzerland |
10–11% |
|
Schneider Electric SE |
France |
9–10% |
|
Eaton Corporation plc |
Ireland (HQ), USA operations |
8–9% |
|
Siemens AG |
Germany |
8–9% |
|
General Electric Company (GE) |
USA |
7–8% |
|
Rockwell Automation, Inc. |
USA |
xx% |
|
Larsen & Toubro Limited (L&T) |
India |
xx% |
|
Legrand SA |
France |
xx% |
|
Socomec Group S.A. |
France |
xx% |
|
Mersen S.A. |
France |
xx% |
|
Hubbell Incorporated |
USA |
xx% |
|
CG Power and Industrial Solutions Limited |
India |
xx% |
|
NHP Electrical Engineering Products Pty Ltd |
Australia |
xx% |
|
LS Electric Co., Ltd. |
South Korea |
xx% |
|
Tenaga Switchgear Sdn. Bhd. |
Malaysia |
xx% |
Here are a few areas of focus covered in the competitive landscape of the disconnect switch market: