The Global Manual Disconnect Switch Market size is projected to grow at a CAGR of 5.0% during the forecast period (2021-2028) and reach an estimated value of USD 8.4 billion by 2028. The growth in this market can be attributed to increasing demand for electric power, rising number of new installations, improving customer awareness about safety standards and regulations, growing demand for buildings with features like smart grid management systems and energy efficiency concepts, as well as increased adoption of renewable sources such as solar power or wind power.
Manual Disconnect Switch (MDS) is an electrical device used for switching off electric circuits. MDS devices are employed in circuit breaker panels or switchgear units to initiate interruption of the load current prior to opening the main contacts, and after closing them again before restoration of voltage on that conductor. The Manual Disconnect Switch can be operated both manually (by hand) as well as automatically with external sensing relays using low-voltage signals.
On the basis of Types, the market is segmented into Low Voltage, Medium Voltage, and High Voltage.
The Low Voltage disconnect switch interrupts the flow of electricity from a source device to an electric load. It has been designed for use in low-voltage installations, which are typically rated at less than 600 volts and can be found in residential or commercial applications. In addition, it also provides protection against electrocution when switching off power before working on electrical equipment.
The Medium voltage disconnect switch is a device that allows the interruption of an electrical circuit, for maintenance or safety. It can be manually operated immediately before performing an operation on high-voltage equipment such as transformers and generators.
High voltage Manual Disconnect Switch is being used in industries, commercial installations, or other locations to disconnect high voltages. It is mainly used for DC power circuits up to 38kV and AC systems with nominal currents of up to 2000A at rated system voltage.
On the basis of Application, the market is segmented into Industrial, Business, and Residential.
Manual Disconnect Switch is used in several industries such as metal, chemical, and oil & gas. In the Metal Industry, the Manual disconnect switch is mainly used for controlling electrical circuits at a safe distance from live parts of equipment or close to hazardous machines that require frequent manual switching on/off. For example, high voltage power supply circuit breakers need a proper control system installed near them due to their potential dangers if not handled properly. Such systems are equipped with MDS switches so they can be operated safely from minimum distances without an electric arc hazard.
In this segment, the key end-user is the commercial building. In many countries, business buildings are designed to be power-efficient and use a lot of electrical equipment which needs to be powered up at all times.
This application includes homes where disconnect switch controls electric distribution panels in small-scale industries or businesses that require frequent maintenance operations on machines involving opening up covers/doors before performing any task requiring disconnection of power supply.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Latin America is projected to be the fastest-growing market for manual disconnect switches during the forecast period of 2021-2028. The growth in Latin American countries such as Brazil and Mexico will be driven by high demand from industrial end-users like Oil & Gas Industry (O&G), Power Generation Plant, etc., owing to their need for safety purposes due to various hazards at workplace or infrastructure facilities that require power shutdowns when required. These factors are expected to drive this regional market over the next few years.
The global manual disconnect switch market has witnessed growth due to factors such as the growing demand for power, increasing focus on energy efficiency, and sustainable development. The rise in electricity requirement is leading to an increase of new facilities across utility industries that require high-voltage distribution networks.
Up Market Research published a new report titled “Manual Disconnect Switch Market research report which is segmented by Types (Low Voltage Disconnect Switch, Medium Voltage Disconnect Switch, High Voltage Disconnect Switch, Other), By Applications (Industrial, Business, Residential), By Players/Companies ABB, Sensata Technologies, Omega Engineering, Schneider Electric, Walther-Werke, TTI, SOCOMEC, RITM Industry, c3controls, ETI, GREEGOO ELECTRIC, SCAME PARRE”.
Report Attributes | Report Details |
Report Title | Manual Disconnect Switch Market Research Report |
By Type | Low Voltage Disconnect Switch, Medium Voltage Disconnect Switch, High Voltage Disconnect Switch, Other |
By Application | Industrial, Business, Residential |
By Companies | ABB, Sensata Technologies, Omega Engineering, Schneider Electric, Walther-Werke, TTI, SOCOMEC, RITM Industry, c3controls, ETI, GREEGOO ELECTRIC, SCAME PARRE |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 248 |
Number of Tables & Figures | 174 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Low Voltage Disconnect Switch, Medium Voltage Disconnect Switch, High Voltage Disconnect Switch, Other and By Application Industrial, Business, Residential.
Some of the companies that are profiled in this report are:
Manual Disconnect Switch Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Manual Disconnect Switch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Manual Disconnect Switch Market Report:
Some other reports from this category!