Industrial Plugs And Sockets Global Market Report 2023 – By Type (Plug, Socket), By Protection (Waterproof, Dustproof and Splash-Proof, Explosion-Proof, Other Protections), By End User (Power Generation, Oil And Gas, Heavy Industry, Chemical And Pharmaceutical, Other End-Users) – Market Size, Trends, And Global Forecast 2023-2032

Switchboards refer to the power distribution process system which consists of panels with different switches and indicators to direct and control electricity for functioning in circuits. The main types of switchboards are low-voltage, middle-voltage and high-voltage. A low voltage distribution control panel is the main switchboard that ensures the reliability of an electrical system. It is the main component that distributes electricity throughout the various parts of a facility. The various product standard of switchboards includes IEC standard and ANSI standard that are used by industrial, residential, commercial and other end users. The global switchboard market is segmented - 1) By Type: Low-Voltage, Middle-Voltage, High-Voltage 2) By Product Standard: IEC Stardard, ANSI Standard 3) By End Users: Industrial, Residential, Commercial, Other End-Users The global switchboard market size will grow from $87.94 billion in 2022 to $92.72 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global switchboard is expected to grow to $110.28 billion in 2027 at a CAGR of 4.4%. Increasing manufacturing efficiency of products for longer durability increases demand for the switchboards. Major companies are highly focusing on innovations to design switchboards. Incorporation of new technologies within the production tends to improve its efficiency and service life of the products. For instance, Shanghai municipal government and ABB signed a memorandum and invested about $2.4 billion in China for upgradation of functionality in building smart city with smart manufacturing for efficient and safe connectivity in Shanghai’s local enterprises. Increase in efficiency drives the demand for switchboard, thereby contributing to the switchboard market growth. Major players in the switchboard market are ABB, Mitsubishi Electric, Schneider Electric, Emerson Process Management, Rockwell Automation, Siemens, Powerwell, Gedac Electric, Kounis, and Aussie Switchboards. The rising price of raw materials is expected to limit the growth of the switchboard market. The volatility of prices in raw materials such as copper, aluminium and steel are expected to have a significant impact on manufacturing cost of switchboards increasing the expenses of manufacturers. For instance, in late 2020’s, the Indian manufacturers of steel has increased the steel prices due to rising iron ore prices and strong demand for steel. In December 2020, the steel companies were charging around $34 to $37 (?2,500 to ?2,700) a ton of both flat and long products. Therefore, such fluctuations in raw material price effect the manufacturing cost of switchboards and this factor is expected to restrain the market growth of switchboard. Ethernet connected switchboards are widely being used in household and commercial buildings to save energy and reduce maintenance costs. Switchboards can be connected to a computer through an Ethernet cable. Electricity use, system status and other data is transmitted to the computer through the Ethernet cable. Data obtained on the computer is analysed by energy experts and suggestions to minimize energy consumption. For example, Enerlin’x system manufactured by Schneider is a smart panel that transmits energy consumption data to computer through Ethernet and Modbus interfaces. Some of the major companies manufacturing Ethernet connected switchboards include Schneider Electric, Southwire Company LLC., Siemens AG and Prysmian Group. In August 2021, Mitsubishi Electric Power Products, Inc. (MEPPI) and Mitsubishi Electric Corporation (MELCO) acquired U.K.-based Smarter Grid Solutions (SGS). SGS is a leading developer of software management solutions for the distributed energy resources (DER) market. The financial terms of the transaction were not disclosed. Globally, the electric power market has been trending toward decentralized generation sources, including DER and SGS' enterprise software solutions, which are used to manage power grids and market participation in energy systems with high penetrations of distributed, clean, and flexible energy assets. SGS will report into Mitsubishi Electric Corporation's North American power systems subsidiary, Mitsubishi Electric Power Products, Inc., and will maintain operations in Glasgow, Scotland. Asia-Pacific was the largest region in the switchboard market in 2022. Western Europe was the second-largest region in the global switchboard market share. The regions covered in the global switchboard market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the switchboard market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The switchboard market consists of sales of ducts, fuses, cubicles, panel boards, power switchboards, and other switchboards. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The switchboard market research report is one of a series of new reports from The Business Research Company that provides switchboard market statistics, including switchboard industry global market size, regional shares, competitors with a switchboard market share, detailed switchboard market segments, market trends and opportunities, and any further data you may need to thrive in the switchboard industry. This switchboard market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Switching equipment is any mechanical, electrical, pneumatic, or hydraulic device used to make and break the electric current in a circuit. The main applications of switching equipment are enterprise and industrial usage, telecommunication providers, servers and storage providers. A telecommunications provider provides telecommunications services or a combination of information and media services, content, entertainment, and application services over networks, utilizing network infrastructure as a rich, functional platform. The equipment are used by small enterprises, medium enterprises, large enterprises of automotive, healthcare, and telecommunication industry. The global switching equipment market is segmented - 1) By End User: Small Enterprises, Medium Enterprises, Large Enterprises 2) By End-Use Industry: Automotive, Healthcare, Telecommunications 3) By Application: Enterprise And Industrial Usage, Telecommunication Providers, Servers And Storage Providers The global switching equipment market size will grow from $42.93 billion in 2022 to $46.17 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global switching equipment is expected to grow to $60.58 billion in 2027 at a CAGR of 7.0%. The increase in the popularity of IoT devices among the populace will led to a rise in the switching equipment market. IoT is becoming popular as a greater number of people are using smart devices and are mostly working on their errands, office work, communication, sending/receiving messages using smart devices, thus overwriting the traditional way. For instance, in 2021, Socomec, a Low Voltage (LV) Industrial Power Switching specialist based in France, has announced the release of New SIRCOVER with enhanced features in Manual Transfer Switches. All of these critical features are highlighted in the New SIRCOVER, which includes an Increased Terminal Clearance, with Enhanced Termination Capacity through Integrated Spreaders, that enables secure Aluminum termination, as well as Interphase barriers for added operations safety and an ergonomic Retrofit solution for the COS legacy range. Major players in the switching equipment market are ADVA, Ciena Corporation, Ericsson, Huawei Technologies, Alcatel-Lucent, ZTE, Infinera Corporation, Fujitsu Limited, ECI Telecom Ltd., Cisco Systems, Inc., Tellabs, Inc., ADTRAN Inc., Aliathon Technology Ltd., NEC Corporation, Huawei Technologies, Nokia Siemens, Cyan, Ekinops, JDS Uniphase Corporation and BTI. The installation process of network switches is complex as it involves high accuracy and a number of sub-processes, thus hindering the growth of the switching equipment market during the historic period. Installing network switches is complex as these switches many functions such as allow connections to multiple devices, manage ports, manage VLAN security settings, and others. The degree of complexity is comparatively low when it comes to a small network in an enterprise or home. For large network enterprises, the installation process can take a long time to get completed. For instance, in the telecom industry, for telecom network backhaul projects, the installation process can take more than a week to complete. Power over Ethernet (PoE) technology is gaining importance in the switching equipment market, thus emerging as a major trend for network switches. PoE switches are becoming common because they reduce clutter and can be added to both smart and managed switches. PoE technology also has the ability to combine the networking and electrical power into one cable and provide data connection and electrical power to the powered devices. PoE installation can provide many benefits such as flexibility, reliability, and cost-efficient. For instance, there is no need for the users to purchase and install additional electrical wires and outlets for PoE network switches and this saves installation and maintenance costs. In July 2022, Littelfuse Inc., a US-based manufacturer of industrial technology acquired C&K Switches for an undisclosed amount. The acquisition is anticipated to increase both the company's technological and operational capabilities, enabling it to provide a comprehensive solutions offering to its large customer base across a variety of vertical end markets. C&K Switches is a US-based high-performance electromechanical switch and interconnect product designer and manufacturer. North America was the largest region in the switching equipment market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global switching equipment market during the forecast period. The regions covered in the global switching equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the switching equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The switching equipment market consists of sales of equipment, used to open and close electric circuits in general and build connections between nodes within a network. Information is shared on establishing of a connection between nodes. The switching equipment industry includes establishments that manufacture switching equipment including circuit breakers, contactors, switch disconnectors and disconnectors. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The switching equipment market research report is one of a series of new reports from The Business Research Company that provides switching equipment market statistics, including switching equipment industry global market size, regional shares, competitors with a switching equipment market share, detailed switching equipment market segments, market trends and opportunities, and any further data you may need to thrive in the switching equipment industry. This switching equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Industrial batteries refer to electrochemical devices that convert higher-level active materials into an alternate state during discharge. Industrial batteries are heavy-duty and can work in harsh environments. They are available in various sizes and shapes as per industrial needs. Industrial batteries are used to provide power to equipment in various industries such as automation, construction machinery, robotics, and small transport vehicles that work on battery power. Industrial batteries convert chemical energy into electricity. The main types of industrial batteries on the market are lithium-ion batteries, nickel-based batteries, and lead-based batteries. Lithium-ion batteries are used in electronics, small and large appliances, electric vehicles, and electrical energy storage systems. A lithium-ion (Li-ion) battery refers to an advanced battery technology that uses lithium ions as a key component of its electrochemistry. The different applications include telecom and data communication, uninterruptible power supply (ups), energy, equipment, grid storage, and others. The several end users include domestic and industrial. The global industrial batteries market is segmented - 1) By Type: Lithium-Ion Battery, Nickel-Based Battery, Lead-Based Battery 2) By Application: Telecom and Data Communication, Uninterruptible Power Supply (UPS), Energy, Equipment, Grid Storage, Other Applications 3) By End User: Domestic, Industrial The global industrial batteries market size grew from $12.96 billion in 2022 to $14.29 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the industrial batteries is expected to grow to $20.3 billion in 2027 at a CAGR of 9.2%. The rapid expansion of the telecommunication sector is expected to propel the growth of the industrial battery market going forward. Telecommunications is referred to as the electronic transmission of information over a distance. Industrial batteries in telecommunications are used as power backup for network equipment-related servers, to run DC (direct current) equipment, and to provide power for base stations that are remotely situated and have no access to the national grid. For instance, according to Invest India, an India-based National Investment Promotion and Facilitation Agency, the telecom industry in India has a subscriber base of 1.17 billion mobiles as of April 2022. The number of telecom towers increased to 660,000 in 2021. Therefore, the rapid expansion in the telecommunication sector is driving the growth of the industrial battery market. Major players in the industrial batteries market report are Exide Industries Ltd., C&D Technologies Inc., Enersys Inc., GS Yuasa Corporation, Northstar Battery Company LLC., Amara Raja Batteries Ltd., American Battery Solutions, Bulldog Battery Corporation, Crown Batteries, HOPPECKE Industrial Batteries Ltd., Zhejiang Narada Power Source Co. Ltd., SK Innovation Co. Ltd., The Sunlight Group, and TAB batteries. Product innovation is a key trend gaining popularity in the industrial batteries market. Major companies operating in the industrial battery sector are focused on developing innovative solutions for battery power management systems to gain a competitive advantage. For instance, in April 2022, Narada Power, a China-based battery manufacturing company, launched a 512-volt high-voltage lithium battery backup power system. The system is designed for industrial use, especially for Internet Data Centers (IDCs). It uses a lithium-ion (Li-ion) battery as a key component. The product's unique benefits include high power discharge, high energy density, high safety and reliability, and it can also be utilized for high-voltage direct current (HDVC) and uninterruptible power supply (UPS) purposes. The high-voltage lithium batteries used for the system are 60% lighter and have a 50% lower carbon footprint in comparison to a similar system utilized for conventional lead batteries. In March 2022, Reliance New Energy, a subsidiary of Reliance Industries, an India-based energy company, acquired Lithium Werks for a deal amount of $ 61 million. Through this acquisition, Reliance aims to obtain the expertise of Lithium Werks and expand its presence in the battery and energy sector. Lithium Werks is a Netherlands-based manufacturer of cobalt-free and high-performance lithium iron phosphate (LFP) batteries that are used in industrial applications. North America was the largest region in the industrial batteries market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial batteries market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the industrial batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The industrial battery market consists of sales of nickel metal hydride batteries, zinc carbon batteries, sodium batteries, and alkaline batteries. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The industrial batteries market research report is one of a series of new reports from The Business Research Company that provides industrial batteries market statistics, including industrial batteries industry global market size, regional shares, competitors with an industrial batteries market share, detailed industrial batteries market segments, market trends and opportunities, and any further data you may need to thrive in the industrial batteries industry. This industrial batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Printed circuit boards are electric boards, which help wiring surface-mounted and socketed components that are contained within a mechanical structure in most electronics. Their primary function is to physically support and electrically attach electronic devices by printing conductive pathways, tracks, or signal traces on copper sheets attached to a non-conductive substrate. They are used to connect electronic and electrical components without the use of wires. The main types of printed circuit boards are single-sided, double-sided, multi-layered, high-density interconnect (HDI), and others. The single-sided PCBs are made out of a single layer of base material where the conductive copper and components are mounted on one side of the board and the conductive wiring is connected on the other side. The different substrates include rigid, flexible, and rigid-flex and consist of various laminate types such as paper, FR-4, polyimide, and others. The printed circuit boards are used by various end-use industries such as industrial electronics, healthcare, aerospace & defense, automotive, IT and telecom, consumer electronics, and others. The global printed circuit board market is segmented - 1) By Type: Single Sided, Double Sided, Multi-Layer, High Density Interconnect (HDI), Other Types 2) By Substrate: Rigid, Flexible, Rigid-Flex 3) By Laminate Type: Paper, FR-4, Polymide, Other Laminate Types 4) By End-Use Industry: Industrial Electronics, Healthcare, Aerospace And Defense, Automotive, IT And Telecom, Consumer Electronics, Other End-Users The global printed circuit board market size grew from $62.18 billion in 2022 to $69.6 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the printed circuit board market is expected to grow to $104.99 billion in 2027 at a CAGR of 10.8%. The increasing electric vehicle sales are expected to propel the growth of the printed circuit board market in the forecast period. Electric vehicles (EVs) are those that are powered entirely or partially by electricity. Printed circuit boards (PCBs) are used to connect electrical components in electric vehicles, such as simple audio and display systems. PCBs are also used in the production of charging stations, which allow electric vehicle users to charge their vehicles. For instance, according to Bloomberg New Energy Finance (BNEF), a UK-based company that provides analysis, statistics, and news on the energy sector's transition, EVs is predicted to account for 10% of worldwide passenger car sales by 2025, growing to 28% in 2030 and 58% in 2040. Major players in the printed circuit board market are TTM Technologies, Nippon Mektron Ltd., Samsung Electro-Mechanics, Unimicron Technology Corporation, Advanced Circuits, Tripod Technology Corporation, DAEDUCK ELECTRONICS Co.Ltd., Flex Ltd., Eltek Ltd., Sumitomo Electric Industries, Dongshan Precision, and Zhen Ding Technology Holding Limited (ZDT). The use of biodegradable materials in printed circuit boards (PCBs) is shaping the printed circuit board market. Manufacturers are concentrating on decreasing electronic waste by replacing standard substrates with more ecologically friendly alternatives, which might help reduce the electronics sector's overall environmental effect while also potentially lowering assembly and manufacturing costs. For instance, in August 2022, the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab), a US-based research institute, developed a fully recyclable and biodegradable printed circuit to avoid mitigate the health and environmental hazards posed by heavy metal waste from landfill. These printed circuit boards (PCBs) are composed of biodegradable polyester binders, conductive fillers such as silver flakes or carbon black, and enzyme cocktails, in which conductive ink provides electrical conductivity from the silver or carbon black particles and the biodegradable polyester embedded with purified enzymes such as Burkholderia cepacian lipase (BC-lipase) promotes the easy degradation of polymer chain into monomer . In July 2020, Summit Interconnect, Inc., a US-based manufacturer of printed circuit boards acquired ITL Circuits for an undisclosed amount. Through this acquisition, ITL Circuits provides a significant expansion of Summit’s operations in North America. ITL Circuits is a Canada-based manufacturer of printed circuit boards. Asia-Pacific was the largest region in the printed circuit board market in 2022. Asia-Pacific is also expected to be the fastest-growing region in the forecast period. The regions covered in the printed circuit board market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the medical tricorder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The printed circuit board market consists of sales of single-sided printed circuit boards, double-sided printed circuit boards, multi-layer printed circuit boards, and other printed circuit boards. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The printed circuit board market research report is one of a series of new reports from The Business Research Company that provides printed circuit board market statistics, including printed circuit board industry global market size, regional shares, competitors with a printed circuit board market share, detailed printed circuit board market segments, market trends and opportunities, and any further data you may need to thrive in the printed circuit board industry. This printed circuit board market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Switchgear refers to a collection of switching devices that are used for controlling, protecting, and switching electrical circuits and equipment. Switchboards refer to the power distribution process system which consists of panels with different switches and indicators to direct and control electricity for functioning in circuits. The main product types of switchgear and switchboard apparatus are switchboard and switchgear. Switchgear is the apparatus that controls, regulates, and switches on or off the electrical circuit in an electrical power system. The products are used for industry, manufacture, and other applications by residential, commercial, and industrial end-users. The global switchgear and switchboard apparatus market is segmented - 1) By Product Type: Switchboard, Switchgear 2) By End-User: Residential, Commercial, Industrial 3) By Application: Industry, Manufacture, Other Applications The global switchgear and switchboard apparatus market size will grow from $166.34 billion in 2022 to $178.08 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global switchgear and switchboard apparatus is expected to grow to $225.17 billion in 2027 at a CAGR of 6.0%. The demand for electricity generation is projected to drive the switchgear and switchboard apparatus market. The availability of electricity has become essential for economic development and poverty alleviation. Development of industrialization and urbanization requires continuous electricity supply, and the reliability of the electrical supply depends heavily on the performance of the switchgear. Therefore, the demand for electricity generation is driving the demand for switchgear and switchboard apparatus in the forecast period. For instance, global demand for electricity rises at 2.1% per year to 2040 in the Specified Policies Scenario, double the rate of primary energy growth by 2040. Major players in the switchgear and switchboard apparatus market are ABB, Schneider Electric, General Electric, Siemens, Eaton Corporation, Mitsubishi, Powell, Hyosung, CG Power and Industrial Solutions Limited, and Toshiba. Unstable prices of raw materials are restraining the growth of the switchgear and switchboard apparatus market. Price fluctuation is due to the availability of low-quality materials at cheaper prices. The use of low-quality products increases the risk of breakdown of insulation layers or short circuit conditions and other failures. Thereby inconsistent pricing in raw materials of the switchgear is expected to hinder the market growth. For instance, in October 2021, according to Institutional Investor, a UK-based organization, copper prices have risen by 125% in March 2020. Copper is major raw material for the switch gears. As a result, unstable prices of raw materials hinder the growth of the switchgear and switchboard apparatus market. The last few years witnessed a rising demand for the installation of electric substations to restore normal power supply as fast as possible in case of emergencies. The installation of mobile substations enables the restoration of electricity under outdoor conditions or in unforeseen circumstances and is functionally designed to provide temporary power supplies as soon as possible. Also, these mobile substations incorporate a generator, transformer, metal-clad switchgear, outdoor load break switches and breakers, which are used for network extensions, and temporary switching stations. For instance, Siemens delivered two mobile substations for the national grid SA, and Aktif group delivered 10 mobile substations to the ministry of electricity Iraq. Therefore, increasing the adoption of mobile substations is one of the latest trends that will positively impact the switchgear and switchboard apparatus market. In January 2020, Siemens Ltd., a Germany-based engineering and electronics company acquired C&S Electric Limited for Rs 2,100 crore (294.4 million). With this acquisition, Siemens aimed to cater to the demand for reliable and efficient power supply in India. C&S Electric Limited is an Indian-based switchgear and power equipment manufacturing company. Asia-Pacific was the largest region in the switchgear and switchboard apparatus market in 2022. Western Europe was the second-largest region in the global switchgear and switchboard apparatus market share. The regions covered in the global switchgear and switchboard apparatus market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the switchgear and switchboard apparatus market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The switchgear and switchboard apparatus market consists of sales of ducts, fuses, cubicles, panel boards, power switchboards, circuit breakers, control panels, fuses, generator control, metering panels, knife switches, time switches, and other switchgear and switchboard apparatus. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The switchgear and switchboard apparatus market research report is one of a series of new reports from The Business Research Company that provides switchgear and switchboard apparatus market statistics, including switchgear and switchboard apparatus industry global market size, regional shares, competitors with a switchgear and switchboard apparatus market share, detailed switchgear and switchboard apparatus market segments, market trends and opportunities, and any further data you may need to thrive in the switchgear and switchboard apparatus industry. This switchgear and switchboard apparatus market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Industrial control refers to electronic control systems that can control, monitor, and automate industrial processes with high precision, improved product quality, and reliability. The main types of control systems of industrial controls are distributed control systems (DCS), supervisory control and data acquisition system (SCADA,) and manufacturing execution system (MES). A distributed control system (DCS) is a platform for automated plant or industrial process control and operation. Human -machinerface (HMI), logic solvers, historian, common database, alarm management, and a common engineering suite are all combined into a DCS. The various component used includes modular terminal block relays and optocouplers, surge protectors, marking systems, printing, ferules cable lugs, handtools, testers, enclosure products, PCB connectors, and terminals, heavy-duty connectors, analog signal coconditionerselectronics housings, power supplies, industrial ethernet, and Remote IO. Industrial controls are used by automotive, utility, electronics and semiconductors, mining, and other end-users. The global industrial controls market is segmented - 1) By Control system: Distributed Control System (DCS), Supervisory Control & Data Acquisition System (SCADA), Manufacturing Execution System (MES) 2) By End User: Automotive, Utility, Electronics & Semiconductor, Mining, Other End Users 3) By Component: Modular Terminal Block, Relays and Optocouplers, Surge Protectors, Marking Systems, Printing, Ferulles Cable Lugs, Handtools, Testers, Enclosure Products, PCB Connetors and Terminals, Heavy Duty Connectors, Analog Signal Conditioner, Electronics Housings, Power Supplies, Industrial Ethernet, Remote IO The global industrial controls market size will grow from $136.82 billion in 2022 to $145.76 billion in 2023 at a compound annual growth rate (CAGR) of 6.5% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global industrial controls market is expected to grow to $179.89 billion in 2027 at a CAGR of 5.4% . The growth of manufacturing industries, especially in developing economies is expected to support the growth of the industrial controls market. Industrial controls are monitor and automate industrial processes with high precision, improved product quality, and reliability. For instance, in April 2022, according to Goldman Sachs, a US-based investment banking company, the Indian manufacturing sector had growth of 210% in the fiscal year 2021–2022, compared to the fiscal year 2020–21, as well as a substantial increase in new investment and ordering activity post the pandemic. Compared to 2019–20, the manufacturing sector saw a 460% increase in 2021–22. Similarly, in March 2022, according to the United Nations Industrial Development Organization (UNIDO), an Austrian based agency that assists in economic and industrial development, global manufacturing production increased by 9.4% in 2021. Thus, the growth of manufacturing industries will support the growth of the industrial controls market. Major players in the industrial controls market are ABB Ltd., Mitsubishi Electric Factory Automation, Siemens, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, Omron Corporation, Rockwell Automation, Yokogawa Electric Corporation, and Endress+Hauser . The industrial controls market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Industrial controls are being designed using artificial intelligence (AI) and the internet of things (IoT) that can support energy, telecommunications, surveillance, and other services. Smart city technologies are integrated with electrical and electronic components, thereby benefitting the companies operating in this market. According to the Indian Brand Equity Foundation (IBEF) report in March 2021, India-based government agency for providing economic information, the government of India announced the investment of $ 28.31 billion for the "Smart City Mission" in 2020 and additionally, by 2020, 176,059 crores (US$ 24.31 billion), or 86% of the total, will have been offered to complete projects. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. Malicious cyber-attacks due to a lack of security in industrial infrastructure are acting as a restraint on the industrial controls market. Industrial controls are increasingly being integrated with connected sensors and integrated data systems making them vulnerable to cyber-attacks. For instance, 156 tornado alarm systems in the US city of Dallas were hacked forcing authorities to shut down the emergency system. OEMs are increasingly outsourcing product design and development processes to EMS partners to reduce overall costs and shift from fixed costs to variable costs. Some OEMs are collaborating with EMS partners and moving into new business models such as joint design manufacturing (JDM) and outsourced design manufacturing (ODM). JDM model is further divided into high touch JDM and low touch JDM. ODM model focuses on qualification and system integration testing, thus indicating a shift in the industrial controls manufacturing process. In September 2020, Dover Corporation, an American conglomerate manufacturer of industrial products, acquired XanTec Steuerungs- und EDV-Technik (Maag) for an undisclosed amount. The acquisition enhances Maag’s automation solutions offering with internet of things-enabled technology and positions Maag to grow its presence in aftermarket, remote service, and monitoring solutions for the polymer processing industry and related markets. XanTec Steuerungs- und EDV-Technik (Maag), is a Switzerland-based provider of integrated and customizable process technology solutions for the polymer, chemical, petrochemical, pharmaceutical, and food industries. Asia-Pacific was the largest region in the industrial controls market in 2022. Western Europe was the second-largest region in the global industrial controls market share. The regions covered in the global industrial controls market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial controls market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The industrial controls market consists of sales of supervisory control & data acquisition system (SCADA), distributed control system (DCS), manufacturing execution system (MES), and other industrial controls. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The industrial controls market research report is one of a series of new reports from The Business Research Company that provides industrial controls market statistics, including industrial controls industry global market size, regional shares, competitors with an industrial controls market share, detailed industrial controls market segments, market trends and opportunities, and any further data you may need to thrive in the industrial controls industry. This industrial controls market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Industrial process variable instruments are defined as instruments that are used to measure, control, and record industrial variables such as temperature, flow, pressure, vacuum, combustion, level, viscosity, density, acidity, concentration, and rotation. Process variable instruments are used for measuring, displaying, indicating, recording, transmitting, and controlling industrial process variables. The industrial process variable can work mechanically, pneumatically, electronically, or electrically. The main types in the industrial process variable instruments market are temperature, pressure, level, flow, and others. The temperature segment in industrial process variable instruments refers to the process in which temperature will be recorded and processed in industries. It includes instruments such as transmitters and control valves that are used in chemicals, oil, and gas, electronic and electrical systems, and others. The global industrial process variable instruments market is segmented - 1) By Type: Temperature, Pressure, Level, Flow, Other Types 2) By Instrument: Transmitter, Control Valve 3) By Application: Chemicals, Oil & Gas, Electronic and Electrical, Other Applications The global industrial process variable instruments market size will grow from $53.44 billion in 2022 to $56.42 billion in 2023 at a compound annual growth rate (CAGR) of 5.6% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global industrial process variable instruments market is expected to grow to $68.29 billion in 2027 at a CAGR of 4.9% . The increasing demand for chemicals and oil and gas drives the growth of the industrial process variable instruments market. The industrial process variable instruments are used in oil and gas facilities for monitoring and controlling operating conditions. The operating conditions are monitored to meet safety, and environmental regulations, and to ensure stability in plant operations. The increased demand for oil and gas will require more production facilities to be set up, thus, increasing the demand for industrial process variable instruments. As reported by the International Energy Agency (IEA), the per-day production of oil is projected to be above 15 million barrels per day by 2040. Also, India Brand Equity Foundation (IBEF) predicts that the consumption of natural gas is stipulated to reach for natural gas 143.08 million tonnes by 2040. Thus, the growing demand for oil and gas holds a positive impact on the industrial process variable instruments market. Major players in the industrial process variable instruments market are ABB Ltd., Emerson Electric Company, Honeywell International Inc., Schneider Electric SE, Siemens AG, Ametek Inc., Applied Instrument Technologies Inc., Applitek NV, Arizona Instrument LLC., and Aventics GmbH . The complexity regarding the use of process variable instruments in the food industry restricts the growth of the industrial process variable instruments market. The process control instruments used in the food industry may contact the food product while monitoring temperature, pressure, level, and flow are required to be following the hygienic requirements designed to provide cleanable and healthy contact surfaces. Further, different food items produced require different temperatures, pressures, and sanitary requirements thus this leaves very little space for the manufacturers of industrial process variable instruments to add any extra advanced features to the instrument while ensuring that it meets sanitary as well operational requirements. Thus, the complexities of using the process variable instruments in the food industry restrain the growth of the industrial process variable instruments market. The companies in the industrial process variable instruments market are investing in integrating the Internet of things technology (IoT) to process variable instruments. The industrial process variable instruments such as pressure, temperature, flow level monitoring, and controlling devices are being integrated with IoT to increase their efficiencies and usage. For instance, Ambetronics Engineers Pvt. Ltd., an India-based provider of gas detection sensors, and process control instrumentation systems, launched its RS485 to MQTT IoT smart module to remotely monitor industrial sensors, from the pressure to temperature, tank levels, flow, and gas levels, etc. The module allows the real-time connectivity of data to the Ambetronics cloud and offline storage for recording the sensor data when the internet connectivity is unavailable. In October 2022, Valin Corporation, a US-based company operating in industrial process variable instruments, acquired Jensen Instrument Company for an undisclosed amount. Through this acquisition, Valin Corporation aims to strengthen its product portfolio in process control and fluid handling. Jensen Instrument Company is a US-based company operating in industrial process variable instruments. Asia-Pacific was the largest region in the industrial process variable market in 2022. North America is the second-largest region in the global industrial process variable instruments market share. The regions covered in the global industrial process variable instruments market report analysis include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial process variable instruments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The industrial process variable instruments market consists of sales of boiler controls, buoyancy instruments, chromatographs, combustion control instruments, and other industrial process variable instruments. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The industrial process variable instruments market research report is one of a series of new reports from The Business Research Company that provides industrial process variable instruments market statistics, including industrial process variable instruments industry global market size, regional shares, competitors with an industrial process variable instruments market share, detailed industrial process variable instruments market segments, market trends and opportunities, and any further data you may need to thrive in the industrial process variable instruments industry. This industrial process variable instruments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Industrial filtration refers to systems used for separating particles and substances from liquids and gases to extend the life of manufacturing equipment and protect the work environment. The manufacturing and selling of pleated air filter elements, rolled goods, finished air filter bags, cages, and accessories, and impulse air cleaning products including services are related to the process of industrial filtration. Additionally, it aids in the removal of contaminants from the air and gas during operations, thereby ensuring the purity of the process outputs in the manufacturing plant or nearby area. The main types of industrial filtration are liquid, air. Liquid industrial filtration refers to filtration systems used for the process of filtering liquid state components. It filters liquid streams with high solids concentration in a continuous process. Liquid filtration is a fundamental unit operation commonly practiced throughout the chemical process, petroleum, and allied industries. These are of various filters such as activated carbon/charcoal, fiberglass, filter paper, metal, non-woven fabric. Industrial filtration main products are bag filter, filter press, cartridge filter, depth filter, drum filter, electrostatic precipitator, ULPA, HEPA. These are used by food & beverage, chemicals & petrochemicals, power generation, oil & gas, pharmaceuticals, metal & mining, automotive industries. The global industrial filtration market is segmented - 1) By Type: Liquid, Air 2) By Filter Media: Activated Carbon/Charcoal, Fiberglass, Filter Paper, Metal, Non woven fabric 3) By Product: Bag Filter, Filter Press, Cartridge Filter, Depth Filter, Drum Filter, Electrostatic Precipitator, ULPA, HEPA 4) By Industry: Food And Beverage, Chemicals And Petrochemicals, Power Generation, Oil And Gas, Pharmaceuticals, Metal And Mining, Automotive The global industrial filtration market size grew from $29.9 billion in 2022 to $31.79 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the global industrial filtration is expected to grow to $40.54 billion in 2027 at a CAGR of 6.3%. The necessity of a safe working environment in industrial conveniences is expected to propel the industrial filtration market. The industries are full of pollutant substances such as coarse, liquid dust pollutants, acetylene, benzene, methane, ethane, propane, and hydrogen that might degrade the health condition of employees. Due to this, a safe working environment becomes a necessity to ensure the safety and healthiness of employees and enhance their productivity. The government mandates and regulations regarding occupational health and safety are also the reasons to make a safe working environment a necessity. This necessity for a safe working environment will create a significant demand for industrial filtration as it can enable a safe working environment by eliminating contaminating particles from the air and other gases in industrial conveniences. For instance, according to a survey of Occupational Injuries and Illnesses, BLS (U.S Bureau of Labor Statistics), in 2020, there were 806,200 injury and illness cases in the healthcare and social assistance industry. This was a 40.1% increase compared to previous year. Moreover, in 2020, 4,764 workers in the US suffered fatal work injuries. Over that period, the private construction industry accounted for 1,008 deaths, or 21.2% of total deaths. This number was followed by the transportation and warehousing sector with 805 deaths or 16.9% of total deaths . This indicates that a safe working environment in industrial conveniences has become a necessity. Therefore, the necessity of a safe working environment in industrial conveniences is driving the growth of the industrial filtration market. Major players in the industrial filtration market report are Danaher, Parker Hannifin, Eaton, Donaldson, Mann+Hummel, 3M, Camfil, Cummins, Lenntech, W.L. Gore, Pall Corporation, Filtration Group, Ahlstrom-Munjsko, EFC Filtration, Fleetlife, Sulphurnet, Mott Corporation, Universal Filtration, Lydall Inc., Graver Technologies and Boll and Kirch Filterbau GmbH. Technological innovation is a key trend gaining popularity in the industrial filtration market. The market is witnessing the implementation of advanced filtration technologies such as spray booth filters, custom-engineered porous polymer solutions, nanofiber technology, and others to enhance life, and efficiency, reduce costs and minimize the environmental impact of industrial wastes. Major companies operating in the industrial filtration market are focusing on providing technologically advanced filtration systems to strengthen their market position. For instance, in February 2020, Parker Hannifin Corporation, a US-based motion and control technologies company introduced ProTura SB Nano Pleated Filters, a dust collection filter used in various demanding applications. It is a 100% synthetic base media with advanced nanofiber technology to provide superior and quality filtration. The system also offers enhanced life, efficiency, and savings. In October 2021, Filtration Group, a US-based company offering filtration solutions acquired Columbus Industries for an undisclosed amount. With this acquisition, Filtration Group added another portfolio to its business along with the integrated manufacturing capabilities of Columbus Industries, while expanding its market presence. Columbus Industries is a US-based manufacturer of air filtration products for residential, commercial, and industrial applications. North America was the largest region in the industrial filtration market in 2022. The regions covered in industrial filtration market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial filtration market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The industrial filtration marketconsists of sales of centrifugal filtration, gravity filtration, vacuum filtration, and cold filtration. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The industrial filtration market research report is one of a series of new reports from The Business Research Company that provides industrial filtration market statistics, including industrial filtration industry global market size, regional shares, competitors with an industrial filtration market share, detailed industrial filtration market segments, market trends and opportunities, and any further data you may need to thrive in the industrial filtration industry. This industrial filtration market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.