North America Low Voltage Industrial Controls Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The North America Low Voltage Industrial Controls Market was valued at USD 4.94 Billion in 2019 and is projected to reach USD 6.30 Billion by 2021, at a CAGR of 4% from 2021 to 2027.

The North American low voltage industrial control market is a very dynamic market and entails great potential in many industries. In most countries in North America, industrialization and urbanization are major factors driving the increasing demand for low voltage industrial control in most industrial sectors. This includes the transmission and distribution sector and related sectors.

By Product

• circuit breaker
• Contactor and relay

By Application

• Process industry
• Manufacturing
• Transportation (railway)

Major players in this field includes:

Rockwell Automation Inc. (U.S), ABB Ltd (Switzerland), Siemens AG (Germany), Schneider Electric (France), WEG SA (Brazil), General Electric (U.S.), Mitsubishi Electric (Japan), Fuji Electric corp. of America (Japan) and CHINT Group (China) among others.

Scope of the Report

The research study analyzes the global North America Low Voltage Industrial Controls industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by North America Low Voltage Industrial Controls Market Report

1. What was the North America Low Voltage Industrial Controls Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of North America Low Voltage Industrial Controls Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the North America Low Voltage Industrial Controls Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.