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The low voltage protection and control market has been segmented into five regions: North America, Europe, South America, Asia Pacific, and the Middle East and Africa.
Rising per capita energy consumption, as well as rising demand for renewable energy products and secure and safe electrical systems, are driving the low voltage protection and control industry forward.
Low voltage protection and control market participants are spending in research and development to improve product capabilities.
Due to capacity augmentation and grid modernisation, North America is likely to create attractive prospects for the low voltage protection and control market in the near future.
The North America Low Voltage Protection Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Eaton stated today that its Vehicle Group now provides a variety of low-voltage electrical components to meet rising power and control requirements, such as conversion, protection, and distribution for commercial vehicles and off-highway applications.
The technologies are intended for a variety of uses, including commercial vehicles, military, construction, and agriculture. Eaton’s low-voltage, lightweight technology are built to survive demanding situations.
Based on client expectations, the configurable portfolio may be simply incorporated into a vehicle’s current design.
Agriculture equipment makers are rapidly following the example of the commercial vehicle sector in electrifying existing equipment that was previously enabled by hydraulics.
Electrified components prevent the possibility of fluid leaks, which can taint soil, kill crops, and be expensive to repair. The electrified components from Eaton make the shift from hydraulics to electronics simple.