Low-voltage switching, protection and connection apparatus market in Denmark

Earlier Report Observations

In 2018, the Danish market for low-voltage switching, protection and connection apparatus was underpinned by a regulatory focus on compliance with overcurrent protection rules, which ensured safe electrical installations and maintained demand. The market size dipped to 372.3 million US dollars in 2019, but rebounded sharply to 410.4 million in 2020. This growth was driven by increased emphasis on protective potential equalization to prevent electric shock, which raised demand for safety-related switching and protection equipment.

Market expansion continued from 2021 to 2022, with the size reaching 425.5 million US dollars. This period was characterized by technological shifts, including the planned phase-out of PFAS and the promotion of SF6-free insulation technologies like Siemens' Blue GIS. These changes encouraged the renewal and upgrading of existing apparatus. Furthermore, the 2022 update to the Installation Regulations, introducing unambiguous labeling requirements for switching and protection gear, alongside a focus on transient protection for industrial and renewable energy plants, spurred additional market demand. However, in 2023, the development of the forthcoming Common Regulation 2026, which sets new authorization and operation rules for electrical connections, introduced uncertainty, leading to a market contraction to 375.4 million US dollars.

In 2024, the market recovered, with its size increasing to 401.6 million US dollars.

Production low-voltage switching, protection and connection apparatus in Denmark

In value, 2018-2021, M $ US

In 2021, Denmark's production of low-voltage switching, protection, and connection apparatus was valued at 180.3 million US dollars, marking a year-over-year decline of 5.7%. Over the period from 2018 to 2021, production fell by 16.2%, with a compound annual growth rate of -5.7%. The most significant drop occurred in 2019, at 12.0%, while the largest increase was in 2020, at 1.1%.

Annual dynamics of production in Denmark in value, 2018-2021, M $ US

Exports low-voltage switching, protection and connection apparatus from Denmark

Exports in kind, t

Denmark's exports of low-voltage switching, protection, and connection apparatus declined for the second consecutive year. In 2021, exports totaled 5,517 tonnes, down 1.6% from the previous year. From 2018 to 2021, exports decreased by 3.8%, with a compound annual growth rate of -1.3%. The peak was in 2019 at 7,006 tonnes, which saw the largest increase of 22.2%. The most substantial decline occurred in 2020, at 20.0%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, t

From 2018 to 2021, Denmark's export structure in kind was highly diversified. Germany accounted for 21.1% of exports in kind, Sweden for 9.8%, and Poland for 9.5%, together making up only 40.4% of total flows. The remaining 59.6% consisted of a long tail of smaller markets.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, M $ US

After two years of decline, Denmark's exports of low-voltage switching, protection, and connection apparatus increased. In 2021, exports reached 312.5 million US dollars, up 16.2% compared to 2020. Between 2018 and 2021, exports decreased by 7.2%, equating to an annualized rate of -2.5%. The lowest value was recorded in 2020 at 269.0 million US dollars, which also saw the largest decline of 17.7%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, M $ US

From 2018 to 2021, Germany, Sweden, and Poland were the largest buyers of low-voltage switching, protection, and connection apparatus from Denmark in value terms, with shares of 12.8%, 11.8%, and 10.2%, respectively. However, their combined contribution was limited to 34.8% of total exports in value, reflecting a diversified country structure.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports low-voltage switching, protection and connection apparatus to Denmark

Imports in kind, t

Denmark's imports of low-voltage switching, protection, and connection apparatus declined for the second consecutive year. In 2021, imports amounted to approximately 11,574 tonnes, a substantial drop of 18.6% from the previous year. Between 2018 and 2021, imports decreased by 20%, equating to an annualized rate of -7.2%. The highest volume was in 2019 at 16,640 tonnes, which also saw the largest increase of 15.0%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, t

Throughout 2018 to 2021, Germany, China, and Sweden were the key sources for Denmark's imports in kind, with shares of 25.6%, 15.2%, and 10.5%, respectively. Together, they accounted for 51.2% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, M $ US

After two years of reduction, Denmark's imports of low-voltage switching, protection, and connection apparatus increased. In 2021, imports were approximately 550.4 million US dollars, up 12.7% from the previous year. Between 2018 and 2021, imports rose by 6.5%, equating to an annualized rate of 2.1%. The lowest value was in 2020 at 488.2 million US dollars, which also saw the largest decline of 4.3%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, M $ US

Throughout 2018 to 2021, Germany, Sweden, and China remained the key partners for Denmark's imports in value terms, with shares of 36.7%, 12.4%, and 9.7%, respectively. Together, they accounted for 58.7% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021