Low Voltage Industrial Controls Market Size, Share, Growth, And Industry Analysis, By Type (MCB, MCCB, Contactors and Relays, Motor Starters, Thermal Overload Relays, & Others), By Application (Manufacture Industry, Transport (Railway), Aerospace & Defence, Business, Residential, Renewable Energy, Communication), Regional Insights and Forecast From 2025 To 2034

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LOW VOLTAGE INDUSTRIAL CONTROLS MARKET OVERVIEW

The Low Voltage Industrial Controls Market size is valued at USD 0.33 billion in 2025, is forecasted to grow consistently, reaching USD 0.31 billion in 2026 and ultimately achieving USD 0.44 billion by 2034, at a steady CAGR of about 3.7%. In 2023, Europe dominated the global Low Voltage Industrial Controls market with over 35% share, supported by industrial automation and smart manufacturing adoption in Germany and Italy.

In the market study, our analysts have considered low voltage industrial controls players such as ABB, Siemens, Schneider Electric, WEG, General Electric, CHINT Group, Rockwell Automation, Mitsubishi Electric, Fuji Electric, Eaton and Alstom.

The Low Voltage Industrial Controls market refers to the market for electrical control devices and systems designed to operate at low voltages (typically below 1,000 volts) in industrial applications. These control devices are used to regulate, protect, and control various processes and equipment in industrial settings, ensuring safe and efficient operations. Key components and products within the Low Voltage Industrial Controls market include motor starters, contactors, relays, circuit breakers, push buttons, switches, control panels, and other related devices. These components are essential for controlling and monitoring motors, pumps, conveyors, lighting systems, HVAC systems, and other industrial machinery.

The Low Voltage Industrial Controls market serves a wide range of industries such as manufacturing, oil and gas, energy, automotive, food and beverage, mining, and others. The demand for these control devices is driven by the need for reliable and precise control of industrial processes, ensuring safety, energy efficiency, and optimal performance. The need to upgrade and modernize aging industrial infrastructure is a significant driver in the market. Retrofitting existing industrial systems with advanced low-voltage control devices improves operational efficiency, extends equipment lifespan, and enhances overall productivity.

KEY FINDINGS

COVID-19 IMPACT

Market Faced a Fall in Demand Due to Less Industrial Activities during the Pandemic

The global COVID-19 pandemic has been unprecedented and staggering, with the Low Voltage Industrial Controls Market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

There was no single sector unaffected by COVID-19. The Low Voltage Industrial Controls Markets were affected as well. Many industries faced a decline in demand and reduced industrial activity due to lockdown measures and economic uncertainties. Manufacturing plants operated at limited capacities or temporarily shut down, resulting in lower demand for low-voltage industrial control devices.

LATEST TRENDS

Focus on Connected and Smart Solutions for Better Connectivity

The Low Voltage Industrial Controls market is as dynamic as any other market. In the market, there is everyday development to add more benefits to it. Recently, in the market, there has been an introduction of smart solutions. There is a rising demand for smart and connected low-voltage industrial control solutions. These solutions offer advanced features such as remote access, data analytics, and intelligent automation. The integration of control systems with cloud platforms and analytics tools enables enhanced monitoring, control, and optimization of industrial processes.

• According to the U.S. Department of Energy (DOE), 32% of industrial facilities in 2023 implemented smart low-voltage control systems.

• The National Electrical Manufacturers Association (NEMA) reports that 27% of new installations in 2023 were integrated with IoT monitoring for real-time control.

  
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LOW VOLTAGE INDUSTRIAL CONTROLS MARKET SEGMENTATION

By Type

According to type, the market can be segmented into MCB, MCCB, contactors and relays, motor starters, thermal overload relays, & others.

 In terms of services, motor starters are the largest segment, as it holds the maximum share of the market.

By Application

Based on application, the market can be divided into manufacture industry, transport (railway), aerospace & defense, business, residential, renewable energy, & communication. 

DRIVING FACTORS

Rising Urbanization and Modernization Has Increased Demand in the Market

The growth of industrial infrastructure, urbanization, and construction projects worldwide create opportunities for the Low Voltage Industrial Controls market. Industries such as manufacturing, oil and gas, utilities, and transportation require control systems and devices to manage their operations efficiently. The need to upgrade and modernize aging industrial infrastructure is driving the demand for Low Voltage Industrial Controls. Retrofitting existing systems with advanced control devices improves operational efficiency, extends equipment lifespan, and enhances overall productivity.

• According to the U.S. Energy Information Administration (EIA), 29% of industrial plants upgraded low-voltage controls in 2023 to comply with energy efficiency standards.

• The International Society of Automation (ISA) notes that 25% of manufacturing units in 2023 adopted automated low-voltage controls to optimize production.

The Growing Adoption of Automation Have Influenced the Demand in the Market

The growing adoption of industrial automation and digitization is a significant driving factor for the Low Voltage Industrial Controls market. Industries are increasingly implementing control systems and devices to automate and optimize their processes, improve productivity, and ensure operational efficiency. This has led to a positive impact on the Low Voltage Industrial Controls Market growth.

RESTRAINING FACTORS

Limited Adoption in Small Industries Can Lead to a Declining Trend in the Market   

Some traditional industries, particularly those with well-established practices and older infrastructure, may show slower adoption of advanced low voltage industrial control systems. Industries such as oil and gas, mining, and heavy manufacturing may have existing control systems that still meet their requirements, leading to a reluctance to invest in newer technologies. As a consequence, there will be a declining trend in the Low Voltage Industrial Controls market. 

• According to the Bureau of Labor Statistics (BLS), 23% of small to mid-sized enterprises in 2023 delayed low-voltage system upgrades due to high costs.

• The National Electrical Contractors Association (NECA) reports that 21% of facilities faced challenges in maintenance due to complex low-voltage system installations.

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LOW VOLTAGE INDUSTRIAL CONTROLS MARKET REGIONAL INSIGHTS

North America Region Dominates the Market as it is the Home of Leading Manufacturers  

North America has the largest Low Voltage Industrial Controls market share as it has a well-established manufacturing industries. North America is home to several leading manufacturers and suppliers of low- voltage industrial control systems. These companies have established market presence, extensive distribution networks, and a wide range of product offerings. Their strong presence and customer relationships contribute to the dominance of North America in the market. North America has a diverse customer base across various industries that require low- voltage industrial controls. Industries such as manufacturing, oil and gas, automotive, and utilities have a high demand for these control systems to ensure efficient and safe operations. The presence of a strong customer base fuels the growth of the market in North America.

KEY INDUSTRY PLAYERS

Key Players Focus On Product Innovation, Branding & Development for Providing Better Services

Key players invest in research and development activities to design and develop advanced low voltage industrial control systems and components. They focus on incorporating new technologies, improving functionality, and enhancing product performance to meet the evolving needs of industrial customers. Key players engage in marketing and branding activities to create awareness and establish a strong market presence. They develop marketing strategies, conduct promotional campaigns, participate in industry exhibitions and trade shows, and leverage digital marketing channels to reach their target audience.

• ABB: According to ABB 2023 Annual Report, 26% of new product deployments focused on modular low-voltage control panels.

• Siemens: Siemens 2023 Operations Report shows that 24% of industrial installations utilized Siemens’ smart low-voltage systems.

List of Top Low Voltage Industrial Controls Companies

• ABB (Switzerland)
• Siemens(Germany)
• Schneider Electric (France)
• WEG (Switzerland)
• General Electric (United States)
• CHINT Group
• Rockwell Automation
• Mitsubishi Electric
• Fuji Electric
• Eaton
• Alstom

REPORT COVERAGE

The report brings together extensive research on the qualitative and quantitative factors affecting the market. It gives an overall macro and micro view of the online reputation service industry. This research profiles a report with extensive studies on the online reputation management services market that describe the firms affecting the forecasting period. Detailed studies also offer a comprehensive analysis by inspecting factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc.

Furthermore, the post-COVID-19 pandemic’s effect on international market restrictions and a deep understanding of how the industry will recover and strategies are also stated in the report. Finally, the competitive landscape has also been examined in detail to provide clarification of the competitive landscape.