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Circuit Breaker Market Share

  • Report ID: GMI1172
  • Published Date: Apr 2023
  • Report Format: PDF

Circuit Breaker Market Share

Some of the key participants involved in the circuit breaker market scenario are:

  • ABB
  • Eaton Corporation
  • Mitsubishi Electric Corporation
  • Toshiba International Corporation
  • CG Power & Industrial Solutions Ltd
  • Schneider Electric
  • General Electric
  • Siemens Energy
  • WEG
  • Sensata Technologies Inc
  • alfanar Group
  • Kirloskar Electric Company, 
  • Powell Industries.

These firms primarily engage in new product launches to shape their business position.

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of circuit breaker exceeded USD 20.6 billion in 2023 and will register 9.6% CAGR during 2024 to 2032, propelled by the rising investments to establish a sustainable electrical network.

Commercial circuit breaker industry size is anticipated to observe 9.5% growth between 2023 to 2032 owing to a considerable increase in energy consumption led by the increase in the population index and supportive electrification policies.

The North America circuit breaker sector is slated to reach over USD 8 billion by 2032, driven by increased spending on the development of long-distance distribution networks and the refurbishment of domestic distribution infrastructure in the region.

Major companies operating in the circuit breaker industry are ABB, Eaton Corporation, Mitsubishi Electric Corporation, Toshiba International Corporation, CG Power & Industrial Solutions Ltd., Schneider Electric, General Electric, Siemens Energy, WEG, Sensata Technologies, Inc, LS ELECTRIC Co., Ltd, and Powell Industries.

Circuit Breaker Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 2979
  • Countries covered: 32
  • Pages: 1685
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