Global Circuit Breakers Market Insights, Forecast to 2025

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.
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 Circuit Breakers market was valued at 14300 Million US$ in 2018 and is projected to reach 22000 Million US$ by 2025, at a CAGR of 5.5% 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 Breakers.

This report presents the worldwide Circuit Breakers 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:
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

Circuit Breakers Breakdown Data by Type
Air circuit breaker
Oil circuit breaker
Sulfur hexafluoride circuit breaker
Vacuum circuit breaker
Other circuit breakers
Circuit Breakers Breakdown Data by Application
Air circuit breaker
Oil circuit breaker
Sulfur hexafluoride circuit breaker

Circuit Breakers Production by Region
United States
Europe
China
Japan
Other Regions

Circuit Breakers 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 Breakers status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Circuit Breakers 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 Breakers :
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 Breakers 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.

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