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Rising Demand of Power Provide High Growth Opportunities for Disconnector Switch Market

The global market for disconnect switch is expected to grow at a CAGR of 6.89% from 2015 to 2020. The increasing transmission and distribution network expenditure, growing infrastructural and industrial developmental activities, and rising safety concerns are some of the key drivers of this market.<br><br>The demand for electricity is increasing in the developed nations in North America and Europe, as well as in fast-growing economies in Asia-Pacific. Thus, there has also been a consequent rise in the generation, transmission, and distribution of electricity to meet this increased demand. This in turn gives rise to the growth of the markets for the associated components, such as switchgear, circuit breaker, disconnector switch, and so on. The market for disconnect switch is expected to witness significant growth, especially in developing countries, where the transmission and distribution industry is in the growth stage. Disconnector switches are also used in transmission lines, substations, urban transportation, and heavy manufacturing.

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Rising Demand of Power Provide High Growth Opportunities for Disconnector Switch Market

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  1. Rising Demand of Power Provide High Growth Opportunities for Disconnector Switch Market Disconnect Switch market is expected to grow from an estimated USD 9.07 Billion in 2015 to USD 12.66 Billion by 2020, at a CAGR of 6.9% from 2015 to 2020. The growth in the disconnect switch market is attributed to the ongoing investments in the transmission and distribution, increasing industrialization & urbanization and growing safety concerns around the globe. The global market for disconnect switch is expected to grow at a CAGR of 6.89% from 2015 to 2020. The increasing transmission and distribution network expenditure, growing infrastructural and industrial developmental activities, and rising safety concerns are some of the key drivers of this market. Sample Request: http://www.marketsandmarkets.com/requestsample.asp?id=108468913 The demand for electricity is increasing in the developed nations in North America and Europe, as well as in fast-growing economies in Asia-Pacific. Thus, there has also been a consequent rise in the generation, transmission, and distribution of electricity to meet this increased demand. This in turn gives rise to the growth of the markets for the associated components, such as switchgear, circuit breaker, disconnector switch, and so on. The market for disconnect switch is expected to witness significant growth, especially in developing countries, where the transmission and distribution industry is in the growth stage. Disconnector switches are also used in transmission lines, substations, urban transportation, and heavy manufacturing. Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=108468913 This report offers a detailed analysis of key companies and a competitive analysis of developments recorded in the industry in the past four years. Market drivers, restraints, opportunities, and challenges have been discussed in detail. Leading players in the market, such as Siemens AG (Germany), ABB Ltd. (Switzerland), Schneider Electric SE (France), Eaton Corporation (Ireland), and General Electric Company (U.S.) have been profiled in this report. Premium Insights  Attractive Growth Opportunities in the Disconnector Switch Market  Disconnector Switch Market, By Type  Disconnector Switch Market in the Asia-Pacific Region, 2014 Asia-Pacific is the Fastest Growing Region for the Disconnector Switch Market From 2015 to 2020 Din Rail Mount is Expected to Be the Fastest Growing Type During the Forecast Period Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=108468913

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