1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power Market Trends
Circuit Breakers Market by Voltage, By Installation and Application : Global Opportunity Analysis and Industry Forecast, 2019–2026

Circuit Breakers Market by Voltage, By Installation and Application : Global Opportunity Analysis and Industry Forecast, 2019–2026

  • March 2020
  • 278 pages
  • ID: 5897579
  • Format: PDF
  • Allied Market Research

Summary

Table of Contents

Circuit Breakers Market by Voltage (High, Medium, and Low), By Installation (Indoor and Outdoor) and Application (Residential, Commercial, Industrial, and Utility): Global Opportunity Analysis and Industry Forecast, 2019–2026

The global circuit breakers market was valued at $9.8 billion in 2018, and is projected to reach $14.8 billion by 2026, growing at a CAGR of 5.30% from 2019 to 2026.
Circuit breakers are programmed automatic electric switches which are utilized to protect an electrical circuit from harm or damage by excess current from an overload or short circuit. The basic function of circuit breakers is to stop the flow of current after a fault is detected. In opposite to a fuse, which works once and after that must be replaced, circuit breakers can be used for continuing typical activity. The function of circuit breakers is to shut down the electric supply in case of excess current, overload or short circuit. After the fault is solved, the system starts with normal conditions for providing good quality power to the output ends. Circuit breakers play a significant role in electric power distribution and transmission in communication circuits, automobiles, telecommunication, computers, industrial machinery & equipment, consumer electronics, and other applications.
Factors such as growth in renewable power generation, rise in residential projects, increase in access to electricity in developing countries, continued growth of construction & developmental activities, rapid growth in industrialization, expansion of smart grid networks and surge in demand for power across the globe drive the global circuit breakers market growth. However, increase in competition from the unorganized sector of the circuit breakers and stringent environmental & safety regulations for SF6 circuit breakers limit the growth of the market. Increase in HVDC transmission, aging power infrastructure, and growing smart cities create opportunities for market growth.
The global circuit breakers market is segmented into type, voltage, installation, end-use industry, and region. Based on type, the market is classified into air circuit breakers, oil circuit breakers, sf6 circuit breakers, vacuum circuit breakers, and others. According to voltage, the market is categorized into low, medium, and high. The medium voltage sub-segment is expected to dominate the market due to increase in investments in electrical infrastructure for distribution and transmission networks. On the basis of installation, the market is bifurcated into indoor and outdoor. The outdoor circuit breakers has major market share because it offers protection against extreme environmental conditions, low maintenance, and space optimization. Further, the global circuit breakers market is segmented into various end-use industries such as electrical & electronics, oil & gas, mining, power generation, automotive, construction, railways, telecommunication, and others.
Based on region, the global circuit breakers market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Among these, Asia-Pacific region is expected to dominate the market, due to an increase in electricity demand, and upgrade of aging electrical grid infrastructure.

Key players operating in the global circuit breakers market are ABB, Alstom, Eaton Corporation plc, Furukawa Group, Kirloskar Electric, Powell Industries, Mitsubishi Electric Corporation, Schneider Electirc, Siemens AG, Toshiba Corporation, and others. Major players have acquired various strategies such as acquisitions, partnerships, collaboration, joint ventures, agreements, expansions, and new product launches to create a strong consumer base in the market. For instance, in February 2018, for the production of circuit breakers and vacuum interrupters, Mitsubishi Electric Corporation has expanded its integrated-automation factory in Marugame, Japan.

KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global Circuit breakers market from 2018 to 2026 to determine the prevailing opportunities
- A comprehensive analysis of the factors that drive and restrict the growth of the market is provided
- Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume
- Profiles of leading players operating in the market are provided to understand the global competitive scenario
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth

KEY MARKET SEGMENTS
• By Voltage
- High
- Medium
- Low
• By Installation
- Indoor
- Outdoor
• By Application
- Residential
- Commercial
- Industrial
- Utility
• By Region
o North America
- U.S.
- Canada
- Mexico
o Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
o Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
o LAMEA
- Brazil
- Saudi Arabia
- South Africa
- South Africa
- LAMEA

KEY MARKET PLAYERS
• ABB, Alstom
• Eaton Corporation plc
• Furukawa Group
• Kirloskar Electric
• Powell Industries
• Mitsubishi Electric Corporation
• Schneider Electric
• Siemens AG
• Toshiba Corporation

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2020

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on