Load Break Switch Market Research Report – Forecast to 2023

Global Load Break Switch Market Research Report by Type, by Voltage type, Installation Type, By End-User, Forecast till 2023

ID: MRFR/E&P/4433-HCR | February 2021 | Region: Global | 100 pages

Market Scenario


The global energy and power industry is witnessing a number of new power generation and transmission projects. As the per capita income increases, there is a need for increased access to power for enabling the growth of an economy. For instance, the past decade in the Asia Pacific region witnessed an exponential growth in power plant installation projects, especially in countries such as India and China. With the increase in demand for power, there is an increase in power generation projects that can enable providing power to the masses. With countries fighting to curb pollution caused due to thermal and fossil fuel plants operations, renewable energy installations are seeing a rise in number.


One of the main attributes of electricity power is that the power generated has to be utilized on a real-time basis. Even with energy storage, power generated still must be transmitted through a central grid for utilization. For effective transmission of power, it is necessary that the distributed power must be in line with the grid transmission specifications and frequency so that it doesn’t impact the grid. For smooth enabling of power transmission, components such as load break switches play a crucial role.


The global load break switch market was valued at USD 1.98 billion in 2017, and the market is expected to witness a steady growth rate during the forecast period. Load break switches are devices that are designed to enable transmission or stoppage of specific types of current. This enables safe operations of the power system and protects the grid from blackouts. The global load break switch market has been segmented based on type, voltage type, installation type, end-use industries, and region. Based on type, the load break switch is further classified into gas-insulated, vacuum-insulated, air-insulated, and oil-immersed types. As per the study conducted by MRFR, the gas-insulated segment is projected to command a major share of the market because of its increased application in renewable energy power system projects. Furthermore, the gas-insulated type is gaining increased popularity, owing to its ease of maintenance and longer life cycles. With countries focusing on large-scale renewable energy projects, globally, the gas-insulated type is expected to command a larger market share among the different types of load break switches. Based on installation type, it is projected that the outdoor segment is expected to command a larger share of the market, owing to its increased implementation in commercial and utility projects. The residential sector is, moreover, witnessing a gradual growth, owing to multiple distributed grid and smart grid projects in the European and North American region. Load break switches are now manufactured with flexible mounting and installation options, which is further expected to boost the market. Based on region, the market was formerly dominated by North America and Europe as these regions had increased emphasis on safety and providing grid connectivity to the remote locations.


As per MRFR study, the Asia Pacific region will dominate the load break switch market as the region is witnessing rapid power generation project implementations. With countries, such as China, India, Indonesia, and Malaysia, investing in major power generation and grid upgrade plans, the region is expected to command a major share of the market. In addition to this, aging grid infrastructure in countries, such as the U.K, Germany, and France, is expected to drive the market growth in the Europe region.


Global Load Break Switch Market is projected to witness ~ 5.25% CAGR during the forecast period.


Market Segmentation


 load break switch market


Global Load Break Switch Market


The Asia Pacific region is expected to dominate the market for global load break switches. With major power generation projects and grid upgrade projects being implemented in countries such as China, India, and Indonesia, the market is projected to grow rapidly in the region. With remote grid access being another major agenda in these countries, remote power generations projects also contribute to the growth of the load break switch markets. The market is expected to witness a huge opportunity through the digitization of the utility sector. The Europe region is expected to command the second largest market share with major countries in the region focusing on grid upgrade projects.


Key Players


The key players of the global Load Break Switch market are ABB (Switzerland), Eaton (Ireland), Schneider (France), GE (U.S.), Siemens (Germany), Socomec (France), Rockwell Automation (U.S.), Fuji Electric (Japan), Powell Electric (U.S.), and Ensto (Finland).



Frequently Asked Questions (FAQ) :


The load break switch market can surge at 5.25% CAGR by 2023.

By 2023, the load break switch market can surpass a valuation of USD 1 Bn.

Socomec (France), Fuji Electric (Japan), Rockwell Automation (U.S.), Ensto (Finland), and Powell Electric (U.S.), are some reputed companies of the load break switch market.

The high number of installations of gas-insulation load break switch can boost the global market of load break switch.

The launch of numerous power generation projects can cause the load break switch market in APAC to surge.

Table of content
1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Load Break Switch Market, By Type

5.1 Introduction

5.2 Gas-Insulated

5.2.1 Market Estimates & Forecast, 2017-2023

5.2.2 Market Estimates & Forecast by Region, 2017-2023

5.3 Vacuum-Insulated

5.3.1 Market Estimates & Forecast, 2017-2023

5.3.2 Market Estimates & Forecast by Region, 2017-2023

5.4 Air-Insulated

5.4.1 Market Estimates & Forecast, 2017-2023

5.4.2 Market Estimates & Forecast by Region, 2017-2023

5.5 Oil-Immersed

5.5.1 Market Estimates & Forecast, 2017-2023

5.5.2 Market Estimates & Forecast by Region, 2017-2023

6 Global Load Break Switch Market, By Voltage Type

6.1 Introduction

6.2 Below 11 kV

6.2.1 Market Estimates & Forecast, 2017-2023

6.2.2 Market Estimates & Forecast by Region, 2017-2023

6.3 11–33 kV

6.3.1 Market Estimates & Forecast, 2017-2023

6.3.2 Market Estimates & Forecast by Region, 2017-2023

6.4 33–60 kV

6.4.1 Market Estimates & Forecast, 2017-2023

6.4.2 Market Estimates & Forecast by Region, 2017-2023

7 Global Load Break Switch Market, By Installation Type

7.1 Introduction

7.2 Outdoor

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Indoor

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

8 Global Load Break Switch Market, By End-Use Industries

8.1 Introduction

8.2 Utilities

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Region, 2018-2023

8.3 Commercial

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Region, 2018-2023

8.4 Industrial

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Region, 2018-2023

9 Global Load Break Switch Market, By Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2017-2023

9.2.2 Market Estimates & Forecast by Type, 2017-2023

9.2.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.2.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.2.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.2.6 U.S.

9.2.6.1 Market Estimates & Forecast, 2017-2023

9.2.6.2 Market Estimates & Forecast by Type, 2017-2023

9.2.6.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.2.6.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.2.6.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, 2017-2023

9.2.7.2 Market Estimates & Forecast by Type, 2017-2023

9.2.7.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.2.7.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.2.7.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.3 Europe

9.3.1 Market Estimates & Forecast, 2017-2023

9.3.2 Market Estimates & Forecast by Type, 2017-2023

9.3.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.3.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.3.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.3.6 U.K

9.3.6.1 Market Estimates & Forecast, 2017-2023

9.3.6.2 Market Estimates & Forecast by Type, 2017-2023

9.3.6.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.3.6.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.3.6.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.3.7 Germany

9.3.7.1 Market Estimates & Forecast, 2017-2023

9.3.7..2 Market Estimates & Forecast by Type, 2017-2023

9.3.7.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.3.7.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.3.7.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.3.8 Spain

9.3.8.1 Market Estimates & Forecast, 2017-2023

9.3.8.2 Market Estimates & Forecast by Type, 2017-2023

9.3.8.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.3.8.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.3.8.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.3.9 Italy

9.3.9.1 Market Estimates & Forecast, 2017-2023

9.3.9.2 Market Estimates & Forecast by Type, 2017-2023

9.3.9.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.3.9.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.3.9.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, 2017-2023

9.3.10.2 Market Estimates & Forecast by Type, 2017-2023

9.3.10.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.3.10.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.3.10.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2017-2023

9.4.2 Market Estimates & Forecast by Type, 2017-2023

9.4.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.4.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.4.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.4.6 China

9.4.6.1 Market Estimates & Forecast, 2017-2023

9.4.6.2 Market Estimates & Forecast by Type, 2017-2023

9.4.6.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.4.6.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.4.6.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2017-2023

9.4.7.2 Market Estimates & Forecast by Type, 2017-2023

9.4.7.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.4.7.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.4.7.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.4.8 Australia

9.4.8.1 Market Estimates & Forecast, 2017-2023

9.4.8.2 Market Estimates & Forecast by Type, 2017-2023

9.4.8.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.4.8.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.4.8.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2017-2023

9.4.9.2 Market Estimates & Forecast by Type, 2017-2023

9.4.9.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.4.9.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.4.9.5 Market Estimates & Forecast by End-use industries, 2017-2023

9.5 Rest of the World

9.5.1 Market Estimates & Forecast, 2017-2023

9.5.2 Market Estimates & Forecast by Type, 2017-2023

9.5.3 Market Estimates & Forecast by Voltage Type, 2017-2023

9.5.4 Market Estimates & Forecast by Installation Type, 2017-2023

9.5.5 Market Estimates & Forecast by End-use industries, 2017-2023

10 Competitive Landscape

11 Company Profile

11.1 ABB (Switzerland)

11.1.1 Company Overview

11.1.2 Product/Services Offering

11.1.3 Financial Overview

11.1.4 Key Developments

11.1.5 Strategy

11.1.6 SWOT Analysis

11.2 Eaton (Ireland)

11.2.1 Company Overview

11.2.2 Product /Services Offering

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 Strategy

11.2.6 SWOT Analysis

11.3 Schneider (France)

11.3.1 Company Overview

11.3.2 Product /Services Offering

11.3.3 Financial Overview

11.3.4 Key Developments

11.3.5 Strategy

11.3.6 SWOT Analysis

11.4 GE (U.S.)

11.4.1 Company Overview

11.4.2 Product /Services Offering

11.4.3 Financial Overview

11.4.4 Key Developments

11.4.5 Strategy

11.4.6 SWOT Analysis

11.5 Siemens (Germany)

11.5.1 Company Overview

11.5.2 Product /Services Offering

11.5.3 Financial Overview

11.5.4 Key Developments

11.5.5 Strategy

11.5.6 SWOT Analysis

11.6 Socomec (France)

11.6.1 Company Overview

11.6.2 Product /Services Offering

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 Strategy

11.6.6 SWOT Analysis

11.7 Rockwell Automation (U.S.)

11.7.1 Company Overview

11.7.2 Product /Services Offering

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 Strategy

11.7.6 SWOT Analysis

11.8 Fuji Electric (Japan)

11.8.1 Company Overview

11.8.2 Product /Services Offering

11.8.3 Financial Overview

11.8.4 Key Developments

11.8.5 Strategy

11.8.6 SWOT Analysis

11.9 Powell Electric (U.S.)

11.9.1 Company Overview

11.9.2 Product /Services Offering

11.9.3 Financial Overview

11.9.4 Key Developments

11.9.5 Strategy

11.9.6 SWOT Analysis

11.10 Ensto (Finland)

11.10.1 Company Overview

11.10.2 Product /Services Offering

11.10.3 Financial Overview

11.10.4 Key Developments

11.10.5 Strategy

List of Tables

Table 1 Global Load Break Switch Market: By Region, 2017-2023

Table 2 North America Load Break Switch Market: By Country, 2017-2023

Table 3 Europe Load Break Switch Market: By Country, 2017-2023

Table 4 Asia-Pacific Load Break Switch Market: By Country, 2017-2023

Table 5 RoW Load Break Switch Market: By Country, 2017-2023

Table 6 Global Load Break Switch Market, by Type, By Regions, 2017-2023

Table 7 North America Load Break Switch Market, by Type, By Country, 2017-2023

Table 8 Europe Load Break Switch Market, by Voltage Type, By Country, 2017-2023

Table 9 Asia-Pacific Load Break Switch Market by Type, By Country, 2017-2023

Table 10 RoW Load Break Switch Market by Type, By Country, 2017-2023

Table 11 Global Load Break Switch Market by End-Use Industries Market: By Regions, 2017-2023

Table 12 North America Load Break Switch Market by End-Use Industries: By Country, 2017-2023

Table 13 Europe Load Break Switch Market by End-Use Industries: By Country, 2017-2023

Table 14 Asia Pacific Load Break Switch Market by End-Use Industries: By Country, 2017-2023

Table 15 RoW Load Break Switch Market by End-Use Industries: By Country, 2017-2023

Table 16 Global Load Break Switch Market, by Installation Type, By Regions, 2017-2023

Table 17 North America Load Break Switch Market, by Installation Type, By Country, 2017-2023

Table 18 Europe Load Break Switch Market, by Installation Type, By Country, 2017-2023

Table 19 Asia Pacific Load Break Switch Market, by Installation Type, By Country, 2017-2023

Table 20 RoW Load Break Switch Market, by Installation Type, By Country, 2017-2023

Table 21 Global Load Break Switch Market: By Region, 2017-2023

Table 22 Global Load Break Switch Market: By Region, 2017-2023

Table 23 Global Load Break Switch Market: By Region, 2017-2023

Table 24 North America Load Break Switch Market, By Country

Table 25 North America Load Break Switch Market, by Type

Table 26 North America Load Break Switch Market, by End-Use Industries

Table 27 North America Load Break Switch Market, By Installation Type

Table 28 North America Load Break Switch Market, By End-User

Table 29 Europe: Load Break Switch Market, By Country

Table 30 Europe: Load Break Switch Market, by Type

Table 31 Europe: Load Break Switch Market, by End-Use Industries

Table 32 Europe: Load Break Switch Market, By Installation Type

Table 33 Europe: Load Break Switch Market, By End-User

Table 34 Asia-Pacific: Load Break Switch Market, By Country

Table 35 Asia-Pacific: Load Break Switch Market, by Type

Table 36 Asia-Pacific: Load Break Switch Market, by End-Use Industries

Table 37 Asia-Pacific: Load Break Switch Market, By Installation Type

Table 38 Asia-Pacific: Load Break Switch Market, By End-User

Table 39 RoW: Load Break Switch Market, By Region

Table 40 RoW Load Break Switch Market, by Type

Table 41 RoW Load Break Switch Market, by End-Use Industries

Table 42 RoW Load Break Switch Market, By Installation Type

Table 43 RoW Load Break Switch Market, By End-User




List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL LOAD BREAK SWITCH MARKETSHARE, BY TYPE, 2016 (%)

FIGURE 9 GLOBAL LOAD BREAK SWITCH MARKET, BY TYPE, 2015-2023 (USD MILLION)

FIGURE 10 GLOBAL LOAD BREAK SWITCH MARKETSHARE, BY INSTALLATION TYPE, 2016 (%)

FIGURE 11 GLOBAL LOAD BREAK SWITCH MARKET, BY INSTALLATION TYPE, 2015-2023 (USD MILLION)

FIGURE 12 GLOBAL LOAD BREAK SWITCH MARKET SHARE (%), BY REGION, 2016

FIGURE 13 GLOBAL LOAD BREAK SWITCH MARKET, BY REGION, 2015-2023 (USD MILLION)

FIGURE 14 NORTH AMERICA LOAD BREAK SWITCH MARKETSHARE (%), 2016

FIGURE 15 NORTH AMERICA LOAD BREAK SWITCH MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 16 EUROPE LOAD BREAK SWITCH MARKETSHARE (%), 2016

FIGURE 17 EUROPE LOAD BREAK SWITCH MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 18 ASIA PACIFIC LOAD BREAK SWITCH MARKETSHARE (%), 2016

FIGURE 19 ASIA PACIFIC LOAD BREAK SWITCH MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 20 REST OF THE WORLD LOAD BREAK SWITCH MARKETSHARE (%), 2016

FIGURE 21 REST OF THE WORLD LOAD BREAK SWITCH MARKETBY COUNTRY, 2015-2023 (USD MILLION)