A circuit breaker is an automatically operated electrical switch designed to protect an electrical circuit from damage caused by excess current from an overload or short circuit. Circuit breakers may also be used in the event of pre-existing damage to electrical systems. Its basic function is to interrupt current flow after a fault is detected. Unlike a fuse, which operates once and then must be replaced, a circuit breaker can be reset (either manually or automatically) to resume normal operation.
The market in Asia Pacific led the global circuit breaker market in 2017. The circuit breaker market has been analyzed with respect to 5 regions namely Asia Pacific, Europe, North America, the Middle East & Africa, and South America. The market in Asia Pacific is currently the largest for circuit breakers followed by the North American market. Rising investments in construction and developmental activities and increasing electricity demand are driving the circuit breaker market in Asia Pacific.
The Circuit Breaker market was valued at 6630 Million US$ in 2018 and is projected to reach 9530 Million US$ by 2025, at a CAGR of 4.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Circuit Breaker.
This report presents the worldwide Circuit Breaker market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
ABB (Switzerland)
Schneider Electric (France)
Eaton (Ireland)
Siemens (Germany)
Larsen & Toubro (India)
Hitachi (Japan)
CG Power (India)
Efacec (Portugal)
Mitsubishi (Japan)
Toshiba (Japan)
Circuit Breaker Breakdown Data by Type
By Voltage
Medium Voltage: Live Tank and Dead Tank
High Voltage: Live Tank and Dead Tank
By Type
Indoor Circuit Breakers: High and Medium Voltage
Outdoor Circuit Breakers: High and Medium Voltage
Circuit Breaker Breakdown Data by Application
Transmission and Distribution
Renewable
Power Generation
Railways
Circuit Breaker Production by Region
United States
Europe
China
Japan
Other Regions
Circuit Breaker Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Circuit Breaker status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Circuit Breaker manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Circuit Breaker :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Circuit Breaker market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Circuit Breaker . Industry analysis & Market Report on Circuit Breaker is a syndicated market report, published as Global Circuit Breaker Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Circuit Breaker market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.