The Impact of COVID-19 is included in Circuit Breaker Market Report. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
Circuit Breaker Trends and Forecast
The future of the global circuit breaker market looks promising with opportunities in the residential, commercial, industrial, and utility markets. The global circuit breaker market is expected to reach an estimated $11.2 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are increasing need for access to efficient network connectivity and sustainable sources of renewable energy, growing demand for electrical power and reliable power distribution ,and rising investments in power generation.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Circuit Breaker by Segment
The study includes a forecast for the global circuit breaker by voltage, insulation type, installation, end use industry, and region.
Circuit Breaker Market by Voltage [Shipment Analysis by Value from 2018 to 2030]:
• Low Voltage
• Medium Voltage
• High Voltage
Circuit Breaker Market by Insulation Type [Shipment Analysis by Value from 2018 to 2030]:
• Vacuum Circuit Breaker
• Air Circuit Breaker
• Gas Circuit Breaker
• Oil Circuit Breaker
Circuit Breaker Market by Installation [Shipment Analysis by Value from 2018 to 2030]:
• Indoor
• Outdoor
Circuit Breaker Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Industrial
• Utilities
Circuit Breaker Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Circuit Breaker Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies circuit breaker companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the circuit breaker companies profiled in this report include-
• ABB
• Bel Fuse
• Schneider Electric
• Mitsubishi Electric Corporation
• Eaton Corporation
• General Electric
• Siemens
• Rockwell Automation
• Larsen & Toubro
• NXP Semiconductors
Circuit Breaker Market Insights
Lucintel forecasts that high voltage will remain the largest segment over the forecast period due to its increasing demand by majority of industrial and commercial customers owing to its enhanced capability in safeguarding against short circuits and voltage fluctuations.
Within this market, utilities will remain the fastest growing segment over the forecast period due to growing focus towards distributed power infrastructure, rising demand for energy along with cleaner generation of electricity that led to the growth of renewable power generation.
APAC will remain the highest growing region over the forecast period due to existence of key players, high customer base, rapid expansion of renewable energy sector, as well as growing investments towards upgradation of aged power infrastructure in this region.
Features of the Global Circuit Breaker Market
Market Size Estimates: Circuit breaker market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Circuit breaker market size by voltage, insulation type, installation, end use industry, and region in terms of value ($B).
Regional Analysis: Circuit breaker market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different voltages, insulation types, installations, end use industries, and regions for the circuit breaker market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the circuit breaker market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the circuit breaker market size?
Answer: The global circuit breaker market is expected to reach an estimated $11.2 billion by 2030.
Q.2 What is the growth forecast for circuit breaker market?
Answer: The global circuit breaker market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the circuit breaker market?
Answer: The major drivers for this market are increasing need for access to efficient network connectivity and sustainable sources of renewable energy, growing demand for electrical power and reliable power distribution, and rising investments in power generation.
Q4. What are the major segments for circuit breaker market?
Answer: The future of the circuit breaker market looks promising with opportunities in the residential, commercial, industrial, and utility markets.
Q5. Who are the key circuit breaker market companies?
Answer: Some of the key circuit breaker companies are as follows:
• ABB
• Bel Fuse
• Schneider Electric
• Mitsubishi Electric Corporation
• Eaton Corporation
• General Electric
• Siemens
• Rockwell Automation
• Larsen & Toubro
• NXP Semiconductors
Q6. Which circuit breaker market segment will be the largest in future?
Answer: Lucintel forecasts that high voltage will remain the largest segment over the forecast period due to its increasing demand by majority of industrial and commercial customers owing to its enhanced capability in safeguarding against short circuits and voltage fluctuations.
Q7. In circuit breaker market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the highest growing region over the forecast period due to ecistence of key players, high customer base, rapid expansion of renewable energy sector, as well as growing investments towards upgradation of aged power infrastructure in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the circuit breaker market by voltage (low voltage, medium voltage, and high voltage), insulation type (vacuum circuit breaker, air circuit breaker, gas circuit breaker, and oil circuit breaker), installation (indoor and outdoor), end use industry (residential, commercial, industrial, and utilities), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Circuit Breaker Market, Circuit Breaker Market Size, Circuit Breaker Market Growth, Circuit Breaker Market Analysis, Circuit Breaker Market Report, Circuit Breaker Market Share, Circuit Breaker Market Trends, Circuit Breaker Market Forecast, Circuit Breaker Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Circuit Breaker Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Circuit Breaker Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Circuit Breaker Market by Voltage
3.3.1: Low Voltage
3.3.2: Medium Voltage
3.3.3: High Voltage
3.4: Global Circuit Breaker Market by Insulation Type
3.4.1: Vacuum Circuit Breaker
3.4.2: Air Circuit Breaker
3.4.3: Gas Circuit Breaker
3.4.4: Oil Circuit Breaker
3.5: Global Circuit Breaker Market by Installation
3.5.1: Indoor
3.5.2: Outdoor
3.6: Global Circuit Breaker Market by End Use Industry
3.6.1: Residential
3.6.2: Commercial
3.6.3: Industrial
3.6.4: Utilities
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Circuit Breaker Market by Region
4.2: North American Circuit Breaker Market
4.2.2: North American Circuit Breaker Market by End Use Industry: Residential, Commercial, Industrial, and Utilities
4.3: European Circuit Breaker Market
4.3.1: European Circuit Breaker Market by Voltage: Low Voltage, Medium Voltage, and High Voltage
4.3.2: European Circuit Breaker Market by End Use Industry: Residential, Commercial, Industrial, and Utilities
4.4: APAC Circuit Breaker Market
4.4.1: APAC Circuit Breaker Market by Voltage: Low Voltage, Medium Voltage, and High Voltage
4.4.2: APAC Circuit Breaker Market by End Use Industry: Residential, Commercial, Industrial, and Utilities
4.5: ROW Circuit Breaker Market
4.5.1: ROW Circuit Breaker Market by Voltage: Low Voltage, Medium Voltage, and High Voltage
4.5.2: ROW Circuit Breaker Market by End Use Industry: Residential, Commercial, Industrial, and Utilities
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Circuit Breaker Market by Voltage
6.1.2: Growth Opportunities for the Global Circuit Breaker Market by Insulation Type
6.1.3: Growth Opportunities for the Global Circuit Breaker Market by Installation
6.1.4: Growth Opportunities for the Global Circuit Breaker Market by End Use Industry
6.1.5: Growth Opportunities for the Global Circuit Breaker Market by Region
6.2: Emerging Trends in the Global Circuit Breaker Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Circuit Breaker Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Circuit Breaker Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ABB
7.2: Bel Fuse
7.3: Schneider Electric
7.4: Mitsubishi Electric Corporation
7.5: Eaton Corporation
7.6: General Electric
7.7: Siemens
7.8: Rockwell Automation
7.9: Larsen & Toubro
7.10: NXP Semiconductors
.
Buy full report or by chapter as follows
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Please sign in below to get report brochure - Circuit Breaker Market Report.