LOVATO Electric

What LOVATO Electric does

LOVATO Electric S.p.A. is a privately held Italian designer and manufacturer of low-voltage electrical devices for industrial applications, headquartered in Gorle (Bergamo) and tracing its origins to 1920. The company's portfolio spans five product families — motor protection and control, control and signalling, isolation and protection, automation and control, and energy management — covering more than 21,000 product codes including contactors, motor protection circuit breakers, soft starters, variable speed drives, surge protection devices, power analyzers, transfer switch controllers, and fire pump controllers. Technology differentiation rests on proprietary designs such as Rogowski-coil-equipped DMG series modular power analyzers, the EASY BRANCH multi-circuit monitoring bus architecture, the EXP1019 ProfiNET expansion module, and A2L-certified contactor families for next-generation HVAC/refrigeration refrigerants; product testing is performed in-house at the ACCREDIA-accredited LOVATO LAB.

LOVATO generates revenue predominantly through hardware sales of these components to industrial OEMs, HVAC/refrigeration equipment manufacturers, energy management buyers, and emerging e-mobility/renewables integrators. The company employs a direct sales go-to-market model executed through 15 wholly-owned subsidiaries across Europe, North America, South America, Asia, and the Middle East, complemented by a global online catalogue and the LOVATO Academy training channel. Pricing is quotation-based and not publicly disclosed, consistent with industrial B2B practice. The customer base is horizontal across multiple industrial verticals, with named end-customer categories rather than disclosed logos; no revenue figures, customer concentration metrics, or capital structure details are publicly available. The company is privately held with no identified institutional investors, parent entity, or public listing, and ownership appears consistent with a long-standing independent Italian industrial business.

Recent strategic activity — including the opening of a Brazil subsidiary, ACCREDIA laboratory accreditation, six discrete product launches in 2026 spanning EV charging surge protection, A2L-certified contactors, modular power analyzers, AC surge protection, and a ProfiNET interface — indicates active product and geographic expansion rather than a portfolio rationalisation or strategic pivot. Market context is supportive: the addressable global contactor market is projected to nearly double from USD 1.1B (2025) to USD 2.0B (2035) at a 6.7% CAGR, and the digital panel meter market from USD 3.23B to USD 5.06B at a 4.62% CAGR, both directly served by LOVATO's catalog.

Name

LOVATO Electric

Legal name

LOVATO Electric S.p.A.

Website

https://lovatoelectric.com

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

251–500 employees

Short description

LOVATO Electric S.p.A. is a privately held Italian manufacturer of low-voltage electrical components — contactors, motor protection, power analyzers, surge protection, and automation devices — serving industrial OEMs, HVAC/refrigeration manufacturers, and energy management buyers across 100+ countries via 15 wholly-owned subsidiaries and a 21,000-SKU catalogue.

Ownership category

akta.pro rank

Product category

Industrial low voltage electrical components

NAICS

Relay and Industrial Control Manufacturing (335314), Electrical Equipment Manufacturing (33531), Electrical Equipment Manufacturing (3353)

SIC

Electrical Industrial Apparatus (3620), Industrial Instruments For Measurement, Display, And Control (3823), Power, Distribution & Specialty Transformers (3612)

akta.pro primary industry

Wiring Devices & Receptacles (switches, sockets, plugs, industrial outlets, pin & sleeve) (IMAGAEAF)

akta.pro secondary industries

Varistors & Surge Protection (MOV/TVS-like passive protectors/GDT) (HDAHANAI), Power Quality, Metering & Monitoring (HDACAJAG)

Keywords

• Low voltage electrical devices
• Industrial automation components
• Motor protection relays
• Power analyzers meters
• Surge protection devices

Headquarters

HQ city

Gorle

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Electrical Component Sales: LOVATO Electric generates revenue through the sale of its comprehensive portfolio of electrical automation and energy management components including contactors, motor protection devices, power analyzers, circuit breakers, and industrial control systems to OEM manufacturers and industrial customers worldwide.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

LOVATO Electric designs and manufactures low voltage electrical devices for industrial applications, offering more than 21,000 product codes organized across Motor Protection and Control, Control and Signalling, Isolation and Protection, Automation and Control, and Energy Management categories. Products include contactors, motor protection circuit breakers, soft starters, variable speed drives, surge protection devices, power analyzers, signal towers, pushbuttons, PLCs/HMIs, and dedicated controllers for generators, transfer switches and fire pumps, sold to OEM manufacturers, panel builders and industrial facility operators across over 100 countries.

Product overview

LOVATO Electric offers a comprehensive portfolio of energy and automation products organized into five main categories: Motor Protection and Control (contactors, circuit breakers, motor protection relays, starters, soft starters, variable speed drives, solid state relays), Control and Signalling (pushbuttons, signal towers, limit switches, safety devices, rotary cam switches), Isolation and Protection (moulded case circuit breakers, switch disconnectors, surge protection devices, modular contactors, earth leakage relays), Automation and Control (time relays, monitoring relays, level controls, general purpose relays, Micro PLCs and HMI, power supplies, battery chargers), and Energy Management (energy meters and power analyzers including DMG series with Rogowski coils, power factor controllers, transfer switch controllers, engine/generator controllers, fire pump controllers, communication modules). The portfolio includes over 21,000 product codes serving industrial automation, energy management, E-Mobility, photovoltaic, lifting systems, and machinery OEM applications across over 100 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Contactors (BG, BF and DPBF Series) — A2L Certified Electromechanical contactors for switching electric motors and electrical loads, including A2L-certified variants for HVAC and refrigeration OEMs.
• Motor Protection Circuit Breakers Circuit breakers for overload and short-circuit protection in motor protection applications.
• Motor Protection Relays Electronic relays that protect motors from electrical faults and abnormal operating conditions.
• Soft Starters Devices for gradual motor starting that reduce mechanical stress and inrush current.
• Variable Speed Drives Drives for controlling motor speed and torque in industrial applications.
• Solid State Relays Electronic switching devices with no moving parts for reliable load switching.
• Electronic and Electromechanical Starters Starting devices for electric motors with electronic or electromechanical control mechanisms.
• Modular Contactors and Modular Devices DIN-rail mounted contactors and auxiliary devices for modular panel installations.
• Pushbuttons and Selector Switches (Platinum Series) Manual control devices for operator interface in industrial control panels.
• Signal Towers and Beacons Visual and audible signalling devices for industrial machine status indication.
• Limit, Micro and Foot Switches Switching devices activated by mechanical movement for position sensing and safety applications.
• Safety Devices Safety-related control devices for machine guarding and emergency stop applications.
• Rotary Cam Switches Multi-position switches with customizable contact arrangements for various switching applications.
• Moulded Case Circuit Breakers Circuit protection devices with moulded housings for overcurrent protection in industrial installations.
• Switch Disconnectors (GL Series, up to 2000A, UL98) Isolating switches for safe equipment isolation, including UL98-certified GL Series variants up to 2000A.
• Surge Protection Devices (SA0EV, SG2EV, SA0G, SG2PV) Overvoltage protection devices for AC systems, DC applications, electric vehicle charging stations and photovoltaic installations.
• Miniature and Residual Circuit Breakers MCBs and RCDs/RCCBs/RCBOs protecting against overloads, short circuits and earth leakage, including versions for photovoltaic applications.
• Power Distribution Blocks Busbar and distribution block systems for electrical power distribution in panels.
• Fuse Holders and Fuses Fuse mounting equipment and protective fuses for overcurrent protection.
• Earth Leakage Relays Protection relays including R1D23072 and RM2PDB230 flush-mounted versions for earth fault detection.
• Time Relays Relays providing time-based control functions for sequencing and delay operations.
• Monitoring Relays Relays for monitoring electrical parameters and environmental conditions.
• Level Controls and Float Switches Devices for liquid level monitoring and control in tanks, wells and industrial installations, including electrodes, probes and float switches for various liquid types.
• General Purpose Relays HR Series Standard relays for general switching applications in industrial control systems.
• Micro PLCs and HMI Programmable logic controllers and human-machine interfaces for industrial automation.
• Switching Power Supplies Power supply units converting AC to DC for control system voltages.
• Automatic Battery Chargers Intelligent battery charging systems for backup power applications.
• DMG Series Modular Power Analyzers with Rogowski Coils (DMG3011…R…) Modular and panel-mount energy meters and power analyzers for energy monitoring and power quality analysis, including DMG3000, DMG7000, DMG7500, DMG8000, DMG9000 and DMG3011 with Rogowski coils.
• Current Transformers Instrument transformers for current measurement in energy monitoring systems.
• Power Factor Controllers and Thyristor Modules Controllers for power factor correction and thyristor switching modules for reactive power compensation.
• Automatic Transfer Switch Controllers Controllers for automatic transfer between utility and backup power sources.
• Engine and Generator Controllers Control systems for engine-driven generators and standby power systems.
• Fire Pump Controllers Dedicated controllers for fire pump motors in fire protection systems.
• EXP1019 ProfiNET Expansion Module Isolated ProfiNET expansion module enabling DMG series power analyzers to integrate with ProfiNET networks for energy monitoring and power quality analysis.
• Motorised Changeover Switches GLCM (cULus / UL1008) Motor-operated changeover switches including cULus variants compliant with UL1008 standard for the North American market.
• Monoblock Actuators LMP Series Actuators designed for applications subject to high vibration levels.
• Interface Protection System PMVF71 Protection system designed in compliance with ENA standards for interface protection.

Quantifiable outcome

• A2L certification provides complete drop-in compliant switching solution for HVAC/refrigeration OEMs

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

One partnership is on record.

• PROFIBUS & PROFINET International (PI)coreTechnology or IntegrationLOVATO Electric's EXP1019 ProfiNET expansion module enables integration with PROFIBUS & PROFINET International standards. ProfiNET is an Ethernet-based industrial communication protocol enabling fast and reliable data exchange between PLCs, SCADA systems, HMIs, sensors, and measurement devices. Widely used in industrial automation, manufacturing, automotive, and process sectors.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Schneider Electric: Global electrical equipment, power management, and automation incumbent. Directly competes with LOVATO in contactors, motor protection, energy meters, and surge protection, but operates at vastly larger scale with a broader portfolio including software and services.
• ABB: Swiss-Swedish electrification, motion, and process automation giant. Competes with LOVATO across contactors, motor starters, soft starters, VSDs, power analyzers, and surge protection, with stronger presence in heavy industrial and process automation.
• Siemens: German industrial conglomerate with deep overlap in motor protection, automation, power distribution, and energy monitoring. Competes head-to-head with LOVATO in OEM and industrial automation accounts, though at significantly larger scale.
• Eaton: US-headquartered power management company with a strong overlap in circuit protection, motor protection, surge protection, and energy monitoring products sold through electrical distribution and OEM channels.
• Rockwell Automation: US-based industrial automation leader with overlap in motor control, contactors, soft starters, and energy monitoring. Stronger in discrete manufacturing automation but increasingly competing in LOVATO's OEM-focused segments.
• Legrand: French global specialist in electrical and digital building infrastructures with overlapping portfolios in wiring devices, protection devices, and energy distribution. Competes in industrial/commercial electrical installation components.

Direct peers

• Finder: Italian privately-held manufacturer of relays, timers, sockets, and industrial control components. Closely comparable mid-market Italian peer with similar B2B industrial customer base and comparable product breadth in relays and control devices.
• Carlo Gavazzi: Swiss-headquartered international electronics group specializing in industrial automation, energy management, and switching components. Direct mid-market competitor in power analyzers, sensors, relays, and motor control.
• Phoenix Contact: German manufacturer of industrial automation, connection, and interface solutions including relays, surge protection, and power supplies. Competes directly with LOVATO in industrial control components and ProfiNET/industrial communication integration.
• Hager Group: German/French family-owned manufacturer of electrical installation and energy management solutions. Closely comparable mid-sized European peer with similar B2B distribution model and overlap in circuit protection, energy meters, and modular DIN-rail devices.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/LOVATOElecSpa
• Facebookfacebook.com/LovatoElectricSpa
• LinkedInlinkedin.com/company/lovato-electric-spa

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LOVATO Electric