Latin America Load Break Switch Market Size & Outlook
The load break switch market in Latin America is expected to reach a projected revenue of US$ 409.3 million by 2030. A compound annual growth rate of 4.8% is expected of Latin America load break switch market from 2024 to 2030.
Revenue, 2023 (US$M)
$295.7
Forecast, 2030 (US$M)
$409.3
CAGR, 2024 - 2030
4.8%
Report Coverage
Latin America
Latin America load break switch market, 2018-2030 (US$M)
Latin America load break switch market highlights
- The Latin America load break switch market generated a revenue of USD 295.7 million in 2023.
- The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, gas-insulated was the largest revenue generating type in 2023.
- Gas-insulated is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 295.7 million |
| Market revenue in 2030 | USD 409.3 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Gas-insulated |
| Fastest growing segment | Gas-insulated |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gas-insulated |
| Key market players worldwide | Schneider Electric SE, ABB Ltd, Fuji Electric Co Ltd, Socomec, Rockwell Automation Inc, Ensto, Lucy Group, Powell Industries Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.9% of the global load break switch market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,511.5 million by 2030.
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Load Break Switch Market Scope
Load break switch market segmentation & scope
Voltage
Below 11 kV
11-33 kV
33-60 kV
Installation
Outdoor
Indoor
End Use
Utilities
Industrial
Commercial
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Load Break Switch Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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