According to a new market research report Disconnector Switch Market - Global Trends & Forecast to 2020, the disconnector switch market is expected to reach $12,661.32 Million by 2020, and is projected to grow at a CAGR of 6.89% from 2015 to 2020.
Browse 75 market data tables and 57figures spread through 151 pages and in-depth TOC on Disconnector Switch Market - Global Trends & Forecast to 2020.
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The report presents an in-depth analysis of various market dynamics such as drivers, restraints, opportunities, and challenges. Along with market dynamics, the report also gives an insight into various market parameters, such as market share ranking analysis, supply chain analysis, and the recent market activities of the leading players for sustainability. These market activities include mergers, acquisitions, new product developments, collaborations, joint ventures, and partnerships.
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In 2014, Asia-Pacific dominated the global disconnector switch market, and accounted for a share of around 45%. The increasing industrialization and urbanization in developing region is a major factor for the growth of the disconnector switch market in these countries. The major countries contributing to the growth of the global disconnector switch market are China, U.S., India, Germany, U.K., Brazil, Canada, Saudi Arabia, and Japan. China is the largest market for disconnector switch globally, followed by the U.S.
The leading players in the global disconnector switch market include Siemens AG (Germany), ABB Ltd. (Switzerland), Schneider Electric SE (France), Eaton Corporation (Ireland), and General Electric Company (U.S.). The key companies operational in this market are currently focusing on merger & acquisitions and expansions to enhance their product portfolio and market reach into untapped markets. Companies are attempting to benefit from the potential the opportunities in the emerging economies of Asia-Pacific through strategies, such as joint-ventures, mergers & acquisitions, and partnerships & collaborations.
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