According to a market report by Lucintel, the future of the global low voltage direct current market looks promising with opportunities in the photovoltaic power station, commercial & industrial building, data center, and transportation markets. The global low voltage direct current market is expected to grow with a CAGR of 7.2% from 2025 to 2031. The major drivers for this market are the growing demand for energy-efficient power distribution, the rising integration of renewable energy system, and the increase in electric vehicle infrastructure.
A more
than 150-page report to understand trends, opportunity and forecast in global low
voltage direct current market to 2031 by type (components and systems),
application (photovoltaic power station, commercial & industrial buildings,
data center, transportation, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, system is expected to witness higher
growth over the forecast period.
Within the
application category, commercial & industrial building is expected to
witness the highest growth.
Download
sample by clicking on low
voltage direct current market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
ABB,
Schneider Electric, Mitsubishi Electric, Legrand, Eaton, Fuji Electric,
Liangxin are the major suppliers in the low voltage direct current market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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