Global Low Voltage Direct Current (LVDC) Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI05250802

Publication Date:

May 2, 2025

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & Marketing [2]

Electricity [3]

Energy & Utilities [4]

Description:

The global Low Voltage Direct Current (LVDC) market size is predicted to grow from US$ 655 million in 2025 to US$ 1251 million in 2031; it is expected to grow at a CAGR of 11.4% from 2025 to 2031.
Low voltage direct current (LVDC) distribution is an innovative power delivery system that utilizes direct current at voltage levels typically below 1500 V to efficiently supply energy to various end users. LVDC systems offer distinct advantages over traditional alternating current networks, including reduced conversion losses, enhanced compatibility with renewable energy sources such as photovoltaics, and simplified integration with modern electronic devices. Low voltage direct current (LVDC) is an electrical power system that uses direct current at low voltage levels, characterized by high efficiency, safety, and strong compatibility. These features make LVDC a promising technology for future sustainable and resilient energy systems. It is widely used in renewable energy, data centers, and smart homes. With technological advancements and expanding application scenarios, the importance of LVDC systems continues to grow.
Europe is the world's largest LVDC sales market, accounting for 38.79% of the market share in 2024. The North American and Asia Pacific markets follow closely behind, accounting for 30.30% and 25.16% of the market share in 2024, respectively. These regions are in a leading position in technological innovation and market application, and the demand for LVDC products continues to grow. This is mainly due to the rapid economic growth of emerging market countries such as China and India and the strong investment in emerging fields such as new energy and data centers.
Based on type segment, the classification of low voltage direct current (LVDC) includes components and systems. In 2024, components type low voltage direct current (LVDC) occupies the largest revenue share in the global low voltage direct current (LVDC) market, it is about 74.63%, and the proportion will be 72.38% in 2031. LVDC applications are many and varied, based on application segment, the classification includes photovoltaic power station, commercial and industrial buildings, data center, transportation etc. In 2024, photovoltaic power station application is expected to hold the largest share in the low voltage direct current (LVDC) market by revenue, it is about 62.87%, and the proportion will be 62.75% in 2031.
The key players of low voltage direct current (LVDC) market are ABB, Schneider Electric, Mitsubishi Electric, Legrand, Eaton, Fuji Electric, Liangxin, Cence Power, etc. In 2024, the global top 3 players hold a share of 50.55% in terms of revenue. The LVDC market has broad prospects. Despite challenges such as insufficient standardization and high initial investment, it is expected to maintain strong growth in the next few years driven by areas such as renewable energy, electric vehicles and data centers. More mergers and acquisitions and cooperation will occur to promote market consolidation. Enterprises should focus on technological innovation and market expansion to seize this opportunity.
The 鈥淟ow Voltage Direct Current (LVDC) Industry Forecast鈥� looks at past sales and reviews total world Low Voltage Direct Current (LVDC) sales in 2024, providing a comprehensive analysis by region and market sector of projected Low Voltage Direct Current (LVDC) sales for 2025 through 2031. With Low Voltage Direct Current (LVDC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Low Voltage Direct Current (LVDC) industry.
This Insight Report provides a comprehensive analysis of the global Low Voltage Direct Current (LVDC) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Low Voltage Direct Current (LVDC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Low Voltage Direct Current (LVDC) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Low Voltage Direct Current (LVDC) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Low Voltage Direct Current (LVDC).
This report presents a comprehensive overview, market shares, and growth opportunities of Low Voltage Direct Current (LVDC) market by product type, application, key players and key regions and countries.
Segmentation by Type:
Components
Systems
Segmentation by Application:
Photovoltaic Power Station
Commercial and Industrial Buildings
Data Center
Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Schneider Electric
Mitsubishi Electric
Legrand
Eaton
Fuji Electric
Liangxin
Cence Power

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Low Voltage Direct Current (LVDC) Market Size (2020-2031)
2.1.2 Low Voltage Direct Current (LVDC) Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Low Voltage Direct Current (LVDC) by Country/Region (2020, 2024 & 2031)
2.2 Low Voltage Direct Current (LVDC) Segment by Type
2.2.1 Components
2.2.2 Systems
2.3 Low Voltage Direct Current (LVDC) Market Size by Type
2.3.1 Low Voltage Direct Current (LVDC) Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Low Voltage Direct Current (LVDC) Market Size Market Share by Type (2020-2025)
2.4 Low Voltage Direct Current (LVDC) Segment by Application
2.4.1 Photovoltaic Power Station
2.4.2 Commercial and Industrial Buildings
2.4.3 Data Center
2.4.4 Transportation
2.4.5 Others
2.5 Low Voltage Direct Current (LVDC) Market Size by Application
2.5.1 Low Voltage Direct Current (LVDC) Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Low Voltage Direct Current (LVDC) Market Size Market Share by Application (2020-2025)
3 Low Voltage Direct Current (LVDC) Market Size by Player
3.1 Low Voltage Direct Current (LVDC) Market Size Market Share by Player
3.1.1 Global Low Voltage Direct Current (LVDC) Revenue by Player (2020-2025)
3.1.2 Global Low Voltage Direct Current (LVDC) Revenue Market Share by Player (2020-2025)
3.2 Global Low Voltage Direct Current (LVDC) Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Low Voltage Direct Current (LVDC) by Region
4.1 Low Voltage Direct Current (LVDC) Market Size by Region (2020-2025)
4.2 Global Low Voltage Direct Current (LVDC) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Low Voltage Direct Current (LVDC) Market Size Growth (2020-2025)
4.4 APAC Low Voltage Direct Current (LVDC) Market Size Growth (2020-2025)
4.5 Europe Low Voltage Direct Current (LVDC) Market Size Growth (2020-2025)
4.6 Middle East & Africa Low Voltage Direct Current (LVDC) Market Size Growth (2020-2025)
5 Americas
5.1 Americas Low Voltage Direct Current (LVDC) Market Size by Country (2020-2025)
5.2 Americas Low Voltage Direct Current (LVDC) Market Size by Type (2020-2025)
5.3 Americas Low Voltage Direct Current (LVDC) Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Low Voltage Direct Current (LVDC) Market Size by Region (2020-2025)
6.2 APAC Low Voltage Direct Current (LVDC) Market Size by Type (2020-2025)
6.3 APAC Low Voltage Direct Current (LVDC) Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Low Voltage Direct Current (LVDC) Market Size by Country (2020-2025)
7.2 Europe Low Voltage Direct Current (LVDC) Market Size by Type (2020-2025)
7.3 Europe Low Voltage Direct Current (LVDC) Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Low Voltage Direct Current (LVDC) by Region (2020-2025)
8.2 Middle East & Africa Low Voltage Direct Current (LVDC) Market Size by Type (2020-2025)
8.3 Middle East & Africa Low Voltage Direct Current (LVDC) Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Low Voltage Direct Current (LVDC) Market Forecast
10.1 Global Low Voltage Direct Current (LVDC) Forecast by Region (2026-2031)
10.1.1 Global Low Voltage Direct Current (LVDC) Forecast by Region (2026-2031)
10.1.2 Americas Low Voltage Direct Current (LVDC) Forecast
10.1.3 APAC Low Voltage Direct Current (LVDC) Forecast
10.1.4 Europe Low Voltage Direct Current (LVDC) Forecast
10.1.5 Middle East & Africa Low Voltage Direct Current (LVDC) Forecast
10.2 Americas Low Voltage Direct Current (LVDC) Forecast by Country (2026-2031)
10.2.1 United States Market Low Voltage Direct Current (LVDC) Forecast
10.2.2 Canada Market Low Voltage Direct Current (LVDC) Forecast
10.2.3 Mexico Market Low Voltage Direct Current (LVDC) Forecast
10.2.4 Brazil Market Low Voltage Direct Current (LVDC) Forecast
10.3 APAC Low Voltage Direct Current (LVDC) Forecast by Region (2026-2031)
10.3.1 China Low Voltage Direct Current (LVDC) Market Forecast
10.3.2 Japan Market Low Voltage Direct Current (LVDC) Forecast
10.3.3 Korea Market Low Voltage Direct Current (LVDC) Forecast
10.3.4 Southeast Asia Market Low Voltage Direct Current (LVDC) Forecast
10.3.5 India Market Low Voltage Direct Current (LVDC) Forecast
10.3.6 Australia Market Low Voltage Direct Current (LVDC) Forecast
10.4 Europe Low Voltage Direct Current (LVDC) Forecast by Country (2026-2031)
10.4.1 Germany Market Low Voltage Direct Current (LVDC) Forecast
10.4.2 France Market Low Voltage Direct Current (LVDC) Forecast
10.4.3 UK Market Low Voltage Direct Current (LVDC) Forecast
10.4.4 Italy Market Low Voltage Direct Current (LVDC) Forecast
10.4.5 Russia Market Low Voltage Direct Current (LVDC) Forecast
10.5 Middle East & Africa Low Voltage Direct Current (LVDC) Forecast by Region (2026-2031)
10.5.1 Egypt Market Low Voltage Direct Current (LVDC) Forecast
10.5.2 South Africa Market Low Voltage Direct Current (LVDC) Forecast
10.5.3 Israel Market Low Voltage Direct Current (LVDC) Forecast
10.5.4 Turkey Market Low Voltage Direct Current (LVDC) Forecast
10.6 Global Low Voltage Direct Current (LVDC) Forecast by Type (2026-2031)
10.7 Global Low Voltage Direct Current (LVDC) Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Low Voltage Direct Current (LVDC) Forecast
11 Key Players Analysis
11.1 ABB
11.1.1 ABB Company Information
11.1.2 ABB Low Voltage Direct Current (LVDC) Product Offered
11.1.3 ABB Low Voltage Direct Current (LVDC) Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 ABB Main Business Overview
11.1.5 ABB Latest Developments
11.2 Schneider Electric
11.2.1 Schneider Electric Company Information
11.2.2 Schneider Electric Low Voltage Direct Current (LVDC) Product Offered
11.2.3 Schneider Electric Low Voltage Direct Current (LVDC) Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Schneider Electric Main Business Overview
11.2.5 Schneider Electric Latest Developments
11.3 Mitsubishi Electric
11.3.1 Mitsubishi Electric Company Information
11.3.2 Mitsubishi Electric Low Voltage Direct Current (LVDC) Product Offered
11.3.3 Mitsubishi Electric Low Voltage Direct Current (LVDC) Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Mitsubishi Electric Main Business Overview
11.3.5 Mitsubishi Electric Latest Developments
11.4 Legrand
11.4.1 Legrand Company Information
11.4.2 Legrand Low Voltage Direct Current (LVDC) Product Offered
11.4.3 Legrand Low Voltage Direct Current (LVDC) Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Legrand Main Business Overview
11.4.5 Legrand Latest Developments
11.5 Eaton
11.5.1 Eaton Company Information
11.5.2 Eaton Low Voltage Direct Current (LVDC) Product Offered
11.5.3 Eaton Low Voltage Direct Current (LVDC) Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Eaton Main Business Overview
11.5.5 Eaton Latest Developments
11.6 Fuji Electric
11.6.1 Fuji Electric Company Information
11.6.2 Fuji Electric Low Voltage Direct Current (LVDC) Product Offered
11.6.3 Fuji Electric Low Voltage Direct Current (LVDC) Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Fuji Electric Main Business Overview
11.6.5 Fuji Electric Latest Developments
11.7 Liangxin
11.7.1 Liangxin Company Information
11.7.2 Liangxin Low Voltage Direct Current (LVDC) Product Offered
11.7.3 Liangxin Low Voltage Direct Current (LVDC) Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Liangxin Main Business Overview
11.7.5 Liangxin Latest Developments
11.8 Cence Power
11.8.1 Cence Power Company Information
11.8.2 Cence Power Low Voltage Direct Current (LVDC) Product Offered
11.8.3 Cence Power Low Voltage Direct Current (LVDC) Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Cence Power Main Business Overview
11.8.5 Cence Power Latest Developments
12 Research Findings and Conclusion

License Types:

Single User License (PDF)

This license allows for use of a publication by one person.
This person may print out a single copy of the publication.
This person can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
This person cannot share the publication (or any information contained therein) with any other person or persons.
Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Site License (PDF)*

This license allows for use of a publication by all users within one corporate location, e.g. a regional office.
These users may print out a single copy of the publication.
These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
These users cannot share the publication (or any information contained therein) with any other person or persons outside the corporate location for which the publication is purchased.
Unless a Enterprise License is purchased, a Site User License must be purchased for every corporate location by an organization that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Global License (PDF)*

This license allows for use of a publication by unlimited users within the purchasing organization e.g. all employees of a single company.
Each of these people may use the publication on any computer, and may print out the report, but may not share the publication (or any information contained therein) with any other person or persons outside of the organization.
These employees of purchasing organization can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.

*If Applicable.

91制片厂