United States LV & MV Switchgear Market - Forecast(2020 - 2025)
Switchgear in electric power system is the combination of electrical disconnects switches, fuses or circuit breakers which are used to control, protect and isolate electrical equipment. Switchgear is used both to de-energize equipment to allow work to be done and to clear faults downstream. Low Voltage (LV) & Medium Voltage (MV) switchgears are such combinations which are used in wide range of applications at low and medium rate voltages for protecting the electric circuit against power fluctuations. Request Sample The United States is one of the largest markets for low voltage (LV) and medium Voltage (MV) switchgear due to higher usage of low voltage and medium voltage switchgear into its well established industrial network. Demand for low voltage and medium voltage switchgear in the region is expected to grow at a modest rate due to ongoing financial crisis and current trend of shifting base to the developing economies. Increasing demand for low voltage and medium vol...