The global export market for automatic circuit breakers at 72.5 kV and above in 2023 saw China leading with significant growth of 3.41%. Sweden and India also showed positive developments, while Germany, the United States, Singapore, and Japan experienced declining trends. Notable increases were observed in Brazil, UAE, Serbia, and particularly Bahrain with a substantial rise. Contractions were significant in Poland and Malaysia. The five-year CAGR indicates a mixed performance across countries, highlighting various strategic and economic factors at play.
Future trends to watch include the continued growth momentum in Asia, particularly China and India, considering their infrastructural advancements. The fluctuating performances in European countries warrant attention to potential policy and market shifts. Additionally, emerging markets like Brazil and UAE may offer new opportunities for expansion.
Top countries in Export of Automatic Circuit Breakers for a Voltage of 72.5 kV and More Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 25.23 | 2023 | +4.1% | +3.41% | View data |
| 2 | 2 Sweden | 19.78 | 2023 | -0.85% | +0.97% | View data |
| 3 | 3 Germany | 17.54 | 2023 | -5.58% | -5.18% | View data |
| 4 | 4 South Korea | 12.13 | 2023 | -6.25% | -0.04% | View data |
| 5 | 5 United States | 8.62 | 2023 | -2.63% | -1.48% | View data |
| 6 | 6 India | 8.03 | 2023 | +3.73% | +5.56% | View data |
| 7 | 7 Singapore | 2.64 | 2023 | +1.98% | -4.58% | View data |
| 8 | 8 Japan | 2.29 | 2023 | -16.83% | -11.27% | View data |
| 9 | 9 Italy | 1.76 | 2023 | +0.63% | +0.5% | View data |
| 10 | 10 Brazil | 1.56 | 2023 | +0.23% | +8.65% | View data |
