Circuit breaker is an automatically operated electrical switch designed to protect an electrical circuit from damage caused by overload or short circuit. Its basic function is to detect a fault condition and interrupt current flow. 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. Circuit breakers are made in varying sizes, from small devices that protect an individual household appliance up to large switchgear designed to protect high voltage circuits feeding an entire city.
Scope of the Report:
Schneider Electric, ABB, and General Electric captured the top three revenue share spots in the Circuit Breakers market in 2015.Schneider Electric dominated with 10.60 percent revenue share, followed by ABB with 9.45 percent revenue share and General Electric with 8.37 percent revenue share.
In terms of the classification segment, low voltage circuit breaker market accounted for over 45% of the overall share in 2014. These are generally used in industrial, commercial and domestic applications. They are rated less than 1000 VAC or 1500 V DC and are primarily used for DC applications.
In terms of the applications segment, the power generation segment was the largest contributor in the circuit breakers market. In 2014 the power generation segment amounted for 26.08% revenue share. There is growth in demand for efficient and smart power generation which is required to address the futuristic demand for electricity.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.
Although sales of Circuit Breakers brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.
The worldwide market for Circuit Breakers is expected to grow at a CAGR of roughly 5.6% over the next five years, will reach 19800 million US$ in 2024, from 14300 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Circuit Breakers in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
General Electric
ABB
Alstom
Eaton
Mitsubishi Electric
Schneider Electric
Siemens
Maxwell
Toshiba
Pennsylvania Breaker
Legrand
Schurter Holding
Hager
Fuji Electric
Hyundai
CHINT Electrics
DELIXI
Changshu Switchgear
Shanghai Renmin
Liangxin
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Air circuit breaker
Oil circuit breaker
Sulfur hexafluoride circuit breaker
Vacuum circuit breaker
Other circuit breakers
Market Segment by Applications, can be divided into
Air circuit breaker
Oil circuit breaker
Sulfur hexafluoride circuit breaker
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Circuit Breakers product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Circuit Breakers, with price, sales, revenue and global market share of Circuit Breakers in 2017 and 2018.
Chapter 3, the Circuit Breakers competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Circuit Breakers breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Circuit Breakers market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Circuit Breakers sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Circuit Breakers. Industry analysis & Market Report on Circuit Breakers is a syndicated market report, published as Global Circuit Breakers Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Circuit Breakers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.