Connect with us

Technology

Global Low Voltage Industrial Controls Industry Report 2024: Market to Reach $1.2 Billion by 2030 – Digital Transformation Drive to Accelerate Uptake

Published

on

DUBLIN, Feb. 19, 2024 /PRNewswire/ — The “Low Voltage Industrial Controls – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Low Voltage Industrial Controls Market to Reach $1.2 Billion by 2030

The global market for Low Voltage Industrial Controls estimated at US$780.7 Million in the year 2022, is projected to reach a revised size of US$1.2 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030. Circuit Breakers, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$441.8 Million by the end of the analysis period. Growth in the Contactors & Relays segment is estimated at 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $212.5 Million, While China is Forecast to Grow at 6.9% CAGR

The Low Voltage Industrial Controls market in the U.S. is estimated at US$212.5 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$222 Million by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

What`s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

An Introduction to Low Voltage (LV) Industrial ControlsCircuit BreakerContactors & RelaysMotor StartersThermal Overload RelaysLV Industrial Controls: Current Market Scenario and OutlookWorld Low Voltage Industrial Controls Market by Application (2020 & 2027): Percentage Breakdown of Sales for Process Industry, Manufacturing, Transportation, Aerospace & Defense, and Other ApplicationsEffects of the PandemicRecent Market ActivityWhile Developed Regions Lead the LV industrial control Adoption, Developing Regions Emerge as Hot Spots for Future GrowthWorld Low Voltage Industrial Controls Market (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing RegionsWorld Low Voltage Industrial Controls Market – Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Canada, Europe, and JapanAnalysis by Product Type: Circuit Breakers, the Largest SegmentWorld Low Voltage Industrial Controls Market by Product (2020 & 2027): Percentage Breakdown of Sales for Circuit Breakers, Contactors & Relays, Motor Starters, Thermal Overload Relays, and Other ProductsLow Voltage Industrial Controls – Global Key Competitors Percentage Market Share in 2022 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

MARKET TRENDS & DRIVERS

Process Industry & Manufacturing: Major End-Use VerticalsDigital Transformation Drive to Accelerate UptakeGlobal Digital Transformation Spending (In US$ Trillion) for the Years 2019 through 2023Relevance in Aerospace & Defense SectorGlobal Airlines Performance by Region: 2020 Vs 2019With the Aviation Industry on the Brink of Annihilation, Aircraft Assembly Lines Will Take a Longer Time to Recover: Expected Revenue Losses in Global Aviation (In US$ Billion) for April, July & December 2020Global Fleet Size of Commercial Aircraft by Region (in Units) for the Years 2018 and 2038Automation Trends Favor GrowthIndustry 4.0 to Give Market ImpetusMajor Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020Low Voltage Sensor Technology for Easy Monitoring and Control of Energy SourcesIoT Sensors Improve Functionality of Industrial ControlsGlobal Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2022 and 2025Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022Increased Role of Automation in Automotive Industry Augurs WellWorld Automobile Production in Million Units: 2008-2022Sustained Emphasis on Workplace Safety in Mining Sector Bodes WellTechnology Advancements to Give Impetus to Market Expansion in the Long-Term

FOCUS ON SELECT PLAYERS (Total 45 Featured)

Honeywell International, Inc.Mitsubishi Electric CorporationGeneral Electric CompanyBharat Heavy Electricals Ltd.Kawasaki Heavy Industries Ltd.Hyosung CorporationFuji Electric Co., Ltd.Powell Industries, Inc.Franklin Electric Co., Inc.Maxon Motor AGChint GroupLucy Electric Ltd.Hyundai Electric & Energy Systems Co., Ltd.Menzel Elektromotoren GmbHMCI Transformer Corporation

For more information about this report visit https://www.researchandmarkets.com/r/2n76zi

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com 

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/global-low-voltage-industrial-controls-industry-report-2024-market-to-reach-1-2-billion-by-2030—digital-transformation-drive-to-accelerate-uptake-302064893.html

SOURCE Research and Markets

Continue Reading

Technology

LEAP Group Relaunches HumanView, a Growth Intelligence System Built to Explain Why Customers Behave the Way They Do

Published

on

By

Reimagined from the ground up, HumanView pairs statistical modeling with expert analysts to turn millions of real-world customer signals into business decisions

LOUISVILLE, Ky., Oct. 23, 2026 /PRNewswire/ — LEAP Group today announced the relaunch of HumanView, its growth intelligence service. The new version has been rebuilt from the ground up and now has a dedicated home at leapgroupnetwork.com/humanview.

HumanView analyzes what customers say and do across social platforms, e-commerce sites, review platforms, search behavior and user-generated content, including signals from Reddit, TikTok, YouTube, Meta, Amazon and Walmart+ that general AI tools cannot always access. Because the data reflects unprompted, real-world behavior, it avoids the response bias built into surveys and focus groups.

The service works in three layers. HumanView captures signals at scale, decodes millions of records through validated statistical models such as regression, correlation and clustering, and then relies on experienced analysts to interpret the patterns. Clients receive clear, human-validated insights instead of another dashboard.

“Machines find the patterns. Humans find the point,” said Alan Gilleo, CEO at LEAP Group. “The first version of HumanView showed us how much customers reveal when nobody is asking them questions. This version is built to explain why they act the way they do, and to put those answers in front of everyone making decisions, from product to service to marketing.”

HumanView focuses on three areas:

Growth Intelligence: customer motivations and how people perceive a brand and its competitors

Market and Category Intelligence: product pain points, service friction, unmet needs and competitive gaps

Audience Intelligence: new segments, positioning opportunities and gaps in the market

Every model is designed and validated by data scientists and benchmarked before it informs a recommendation.

To learn more about HumanView, visit leapgroupnetwork.com/humanview.

About LEAP Group
LEAP Group is a boutique marketing agency holding company with offices in Louisville, Indianapolis, Cincinnati and Chicago. Guided by the belief that brands should “Market Less. Matter More.,” LEAP gives clients access to specialized experts across its entire network. Learn more at leapgroupnetwork.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/leap-group-relaunches-humanview-a-growth-intelligence-system-built-to-explain-why-customers-behave-the-way-they-do-302918557.html

SOURCE LEAP Group

Continue Reading

Technology

STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

Published

on

By

NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

Continue Reading

Technology

Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

Published

on

By

TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

Continue Reading

Trending