North America Low Voltage Switchgear Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

North America Low Voltage Switchgear Market is Segmented by Application (Substation and Distribution), Installation (Indoor and Outdoor), Voltage Rating (Below 250 V, 250 V - 750V, and 750V - 1000 V), and Geography (United States, Canada, and Rest of North America). The report offers the market size and forecasts in revenue (USD) for all the above segments.

North America Low Voltage Switchgear Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

North America Low Voltage Switchgear Market Size

North America Low Voltage Switchgear Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 12.98 Billion
Market Size (2030) USD 17.02 Billion
CAGR (2025 - 2030) 5.58 %
Market Concentration Low

Major Players

North America Low Voltage Switchgear Market Major Players

*Disclaimer: Major Players sorted in no particular order

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North America Low Voltage Switchgear Market Analysis

The North America Low Voltage Switchgear Market size is estimated at USD 12.98 billion in 2025, and is expected to reach USD 17.02 billion by 2030, at a CAGR of 5.58% during the forecast period (2025-2030).

  • Over the medium term, factors such as the growing installation of renewable energy and rising construction activities are the significant growth driving factors for this market. The rising number of distribution systems across North America significantly increases the demand for the low-voltage switchgear market.
  • On the other hand, high installation costs, as well as delays in the project execution, restrains the growth of the market.
  • Nevertheless, the low-voltage switchgear demand across primary and secondary distribution networks will likely create lucrative opportunities for market growth.

North America Low Voltage Switchgear Industry Overview

The low voltage switchgear market is fragmented. Some of the key players in this market (not in a particular order) include ABB Ltd., Mitsubishi Electric Corporation, Schneider Electric, Rockwell Automation, and Toshiba Corporation, among others.

According to the Toshiba Corporation, the company’s strategic methods include, expaning company's manufacturing facilities that act as catalysts for the organic growth by increasing its solutions and high-value services offerings and capabilities​. For instance, in March 2023, Siemens invested USD 32.61 million to expand its switchgear plant in Frankfurt-Fechenheim. A smart, fully automated high-speed warehouse and a 1,200 square-meter extension to an existing hall are being built on the 160,000 square-meter site.

North America Low Voltage Switchgear Market Leaders

  1. ABB Ltd.

  2. Schneider Electric

  3. Siemens

  4. Mitsubishi Electric Corporation

  5. Rockwell Automation

  6. *Disclaimer: Major Players sorted in no particular order
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North America Low Voltage Switchgear Market News

  • January 2023: United Grinding North America announced the expansion of its distribution network US and Mexico with the addition of Intermaq. Intermaq will represent the full line of components provided by the company.
  • December 2022: Gluware Inc. announced a U.S. distribution agreement with Micro Inc.'s Energing Vendor Business Unit (EBG). This agreement allows value-added resellers (VARs) and solution providers to add Gluware's Intelligent Network Automation Suite to their offerings and provideg network automation services to existing customers.

North America Low Voltage Switchgear Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Growing Installation of Renewable Energy
    • 4.5.2 Restraints
    • 4.5.2.1 High Installation Costs
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Substation
    • 5.1.2 Distribution
  • 5.2 Installation
    • 5.2.1 Outdoor
    • 5.2.2 Indoor
  • 5.3 Voltage Range
    • 5.3.1 Below 250 V
    • 5.3.2 250 V - 750V
    • 5.3.3 750V - 1000 V
  • 5.4 Geography
    • 5.4.1 United States
    • 5.4.2 Canada
    • 5.4.3 Rest of North America

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 ABB Ltd.
    • 6.3.2 Mitsubishi Electric Corporation
    • 6.3.3 Schneider Electric
    • 6.3.4 Rockwell Automation
    • 6.3.5 Siemens AG
    • 6.3.6 WEG
    • 6.3.7 Fuji Electric
    • 6.3.8 Hitachi
    • 6.3.9 Toshiba Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Low-voltage Switchgear Demand across Primary and Secondary Distribution Networks
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North America Low Voltage Switchgear Industry Segmentation

Low voltage switchgear refers to a collection of electrical equipment used to control, protect, and isolate electrical equipment and circuits with a voltage rating of up to 1000V AC (alternating current) or 1500V DC (direct current). The main function of low-voltage switchgear is to distribute electrical power from the source of power to various electrical equipment and loads and to protect the equipment and circuits from overloads, short circuits, and other faults. Low-voltage switchgear is essential to any electrical distribution system, ensuring the safe and reliable delivery of electrical power.

The Low Voltage Switchgear Market is segmented by Application (Substation and Distribution), by Installation (Indoor and Outdoor), by Voltage Rating (Below 250 V, 250 V - 750V, and 750V - 1000 V), and Geography (United States, Canada, and Rest of North America). The report also covers the market size and forecasts for the low voltage switchgear market across major countries in the region. For each segment, the market sizing and forecasts have been done based on revenue (USD).

Application Substation
Distribution
Installation Outdoor
Indoor
Voltage Range Below 250 V
250 V - 750V
750V - 1000 V
Geography United States
Canada
Rest of North America
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North America Low Voltage Switchgear Market Research Faqs

How big is the North America Low Voltage Switchgear Market?

The North America Low Voltage Switchgear Market size is expected to reach USD 12.98 billion in 2025 and grow at a CAGR of 5.58% to reach USD 17.02 billion by 2030.

What is the current North America Low Voltage Switchgear Market size?

In 2025, the North America Low Voltage Switchgear Market size is expected to reach USD 12.98 billion.

Who are the key players in North America Low Voltage Switchgear Market?

ABB Ltd., Schneider Electric, Siemens, Mitsubishi Electric Corporation and Rockwell Automation are the major companies operating in the North America Low Voltage Switchgear Market.

What years does this North America Low Voltage Switchgear Market cover, and what was the market size in 2024?

In 2024, the North America Low Voltage Switchgear Market size was estimated at USD 12.26 billion. The report covers the North America Low Voltage Switchgear Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Low Voltage Switchgear Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

North America Low Voltage Switchgear Industry Report

Statistics for the 2025 North America Low Voltage Switchgear market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Low Voltage Switchgear analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.