Global Circuit Breaker Market size to exceed $21bn by 2024

Circuit Breakers Market size will surpass USD 21 Billion by 2024, as reported in the latest study by Global Market Insights, Inc.
 

Affirmative regulatory mandates toward the development of cross border electric infrastructure to sustain the rising demand for the refurbishment of ageing transmission network will foster the circuit breaker market. Favorable policy interventions coupled with positive sectoral amendments supported by rapid economic escalation have further instigated the overall energy industry. Aggregate technical & commercial (AT&C) coagulated by accruing circuit losses, result in deficiency in terms of revenue & energy realization which in turn will complement the integration of effective transmission & distribution components.

 

 

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> 550 kV units in the current industrial scenario, have gained an upsurge subject to the ongoing expansion of ultra-high-tension (UHT) electric networks to endure losses accumulated from long-distance power supply. Advance product specifications, curtailment ability for over-currents, cost along with ease of installation are essential factors driving the product penetration. Regulatory inclination towards the deployment of HVDC transmission infrastructure to meet cross-border demand for electricity will further complement the circuit breaker market outlook.
 


 

Europe market will gain escalation subject to the stringent energy efficiency mandates along with rising share of sustainable electricity networks. Regulators with an aim to institute a potent energy mechanism have been channelizing funds to befit their networks for effective electricity generation & supply. European Union’s policy objectives comprehend, investment & restructuring of the existing grid infrastructure to integrate renewable resources and sustain the leap in energy demand.
 

Browse key industry insights spread across 1550 pages with 2626 market data tables & 21 figures & charts from the report, “Global Circuit Breaker Market Size By Voltage (Low {ACB, MCB, MCCB, Others}, Medium {ACB, VCB, GCB, Others}, High {ACB, GCB, VCB, OCB}), By Rated Voltage (< 500 V, 500 V to 1 kV, 1 to 15 kV, 15 to 50 kV, 50 to 70 kV, 70 kV to 145 kV, 145 kV to 300 kV, 300 kV to 550 kV, 550 kV to 800 kV, > 800 kV), By Rated Current (< 500 A, 500 to 1500 A, 1500 to 2500 A, 2500 to 4500 A, > 4500 A), By Installation (Indoor, Outdoor), By Application (Power Distribution {By Rated Voltage [< 500 V, 500 V to 1 kV, 1 to 15 kV, 15 to 50 kV, 50 to 70 kV, 70 kV to 145 kV, 145 kV to 300 kV, 300 kV to 550 kV, 550 kV to 800 kV, > 800 kV], By Rated Current [< 500 A, 500 to 1500 A, 1500 to 2500 A, 2500 to 4500 A, > 4500 A]}, Power Transmission {By Rated Voltage [< 500 V, 500 V to 1 kV, 1 to 15 kV, 15 to 50 kV, 50 to 70 kV, 70 kV to 145 kV, 145 kV to 300 kV, 300 kV to 550 kV, 550 kV to 800 kV, > 800 kV], By Rated Current [< 500 A, 500 to 1500 A, 1500 to 2500 A, 2500 to 4500 A, > 4500 A]}), By End Use (Residential, Commercial {Hospitality, Healthcare, Education, Workspaces, Retail & Wholesalers, Others}, Industrial { Oil & Gas, Metal & Mining, Arc Furnace, Railway, Others}, Utility) Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, France, Germany, Spain, Italy, UK, Austria, Netherlands, Sweden, Russia, Belgium, Denmark, Switzerland, China, India, Japan, South Korea, Australia, Indonesia, Philippines, New Zealand, Malaysia, Thailand, Singapore, Saudi Arabia, UAE, Qatar, Kuwait, Oman, Lebanon, Turkey, Jordan, South Africa, Nigeria, Morocco, Azerbaijan, Belarus, Ukraine, Kazakhstan, Brazil, Argentina, Peru), Application Potential, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/circuit-breakers-market
 

> 4,500 Ampere circuit breaker market will exceed an annual installation of 1 million units by 2024. Large scale industrial expansion along with product viability across utility deployed transmission & distribution lines will positively sway the industry dynamics. These units behold significant installations across inter-state and cross border transmission networks exhibiting comparatively higher ampacity with an aim to ensure network & operational security across the regional grid infrastructure.
 

The circuit breaker market in the recent years has gained impetus with an influx of advanced, flexible, and secure product specifications. Although the manufacturers and suppliers have consistently been streamlining their R&D investments to expand and enhance product portfolios, fresh investments from leading participants to incorporate a versatile technological platform has been a considerable breakthrough. In addition, favorable consumer tendencies toward the deployment of the products with an aim to safeguard the operational environment along with enhancing the life expectancy of the electric network have further added to the industry advantage.

 

Electric protection equipment’s in the current industrial regime have gained prominence subject to their product versatility and diverse applicability across power distribution networks. These products have gained penetration across a pool of applications hovering from small residential electricity networks to large utility-aided distribution infrastructure. With increasing adoption, manufacturers and industry participants have aligned their focus on the development and sustainable distribution of the products. Favorable consumer tendencies and product versatility favored by cost-effective product configurations will fuel the global market potential.
 

Eminent players across the global market comprise of Schneider Electric, Eaton, ABB, Mitsubishi, Toshiba, Mersen S.A, Hitachi, Crompton Greaves, Siemens, Powell Industries, Fuji Electric, Meidensha, Hubbell, TE Connectivity, L&T, and BEL Fuse.
 

Global circuit breaker market research report includes in-depth coverage of the industry with estimates & forecast in terms Unit and USD from 2013 to 2024, for the following segments:

Global Circuit Breaker Market, By Voltage

  • Low
    • ACB
    • MCB
    • MCCB
    • Others
  • Medium
    • ACB
    • VCB
    • GCB
    • Others
  • High
    • ACB
    • GCB
    • VCB
    • OCB

Global Circuit Breaker Market, By Rated Voltage

  • < 500 V
  • 500 V to 1 kV
  • 1 to 15 kV
  • 15 to 50 kV
  • 50 to 70 kV
  • 70 kV to 145 kV
  • 145 kV to 300 kV
  • 300 kV to 550 kV
  • 550 kV to 800 kV
  • > 800 kV

Global Circuit Breaker Market, By Rated Current

  • < 500 A
  • 500 to 1,500 A
  • 1,500 to 2,500 A
  • 2,500 to 4,500 A
  • > 4,500 A

Global Circuit Breaker Market, By Installation

  • Indoor
  • Outdoor

Global Circuit Breaker Market, By Application

  • Power Distribution
    • By Rated Voltage
      • < 500 V
      • 500 V to 1 kV
      • 1 to 15 kV
      • 15 to 50 kV
      • 50 to 70 kV
      • 70 kV to 145 kV
      • 145 kV to 300 kV
      • 300 kV to 550 kV
      • 550 kV to 800 kV
      • > 800 kV
    • By Rated Current
      • < 500 A
      • 500 to 1,500 A
      • 1,500 to 2,500 A
      • 2,500 to 4,500 A
      • > 4,500 A
  • Power Transmission
    • By Rated Voltage
      • < 500 V
      • 500 V to 1 kV
      • 1 to 15 kV
      • 15 to 50 kV
      • 50 to 70 kV
      • 70 kV to 145 kV
      • 145 kV to 300 kV
      • 300 kV to 550 kV
      • 550 kV to 800 kV
      • > 800 kV
    • By Rated Current
      • < 500 A
      • 500 to 1,500 A
      • 1,500 to 2,500 A
      • 2,500 to 4,500 A
      • > 4,500 A

Global Circuit Breaker Market, By End Use

  • Residential
  • Commercial
    • Hospitality
    • Healthcare
    • Education
    • Workspaces
    • Retail & Wholesalers
    • Others
  • Industrial
    • Oil & Gas
    • Metal & Mining
    • Arc Furnace
    • Railway
    • Others
  • Utility

The above information is provided on a regional & country basis for the following:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Spain
    • Italy
    • UK
    • Austria
    • Netherlands
    • Sweden
    • Russia
    • Belgium
    • Denmark
    • Switzerland
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Philippines
    • New Zealand
    • Malaysia
    • Thailand
    • Singapore
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • Kuwait
    • Oman
    • Lebanon
    • Turkey
    • Jordan
    • South Africa
    • Nigeria
    • Morocco
  • CIS
    • Azerbaijan
    • Belarus
    • Ukraine
    • Kazakhstan
  • Latin America
    • Brazil
    • Argentina
    • Peru

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