Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Circuit Breakers Market by Type (Air circuit breaker, Oil circuit breaker, Sulfur hexafluoride circuit breaker, Vacuum circuit breaker, Other circuit breakers), By Application (Air circuit breaker, Oil circuit breaker, Sulfur hexafluoride circuit breaker) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Circuit Breakers Market by Type (Air circuit breaker, Oil circuit breaker, Sulfur hexafluoride circuit breaker, Vacuum circuit breaker, Other circuit breakers), By Application (Air circuit breaker, Oil circuit breaker, Sulfur hexafluoride circuit breaker) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131368 3300 Machinery & Equipment 377 233 Pages 4.5 (42)
                                          

Market Overview:


The global circuit breakers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for energy and the need for reliable and safe power supply. The air circuit breaker segment is expected to dominate the market during the forecast period, owing to its high efficiency and low maintenance cost. Asia Pacific is expected to be the fastest-growing region in terms of revenue, owing to the growing demand for electricity in countries such as China and India.


Global Circuit Breakers Industry Outlook


Product Definition:


A circuit breaker is a switch that opens and closes automatically to interrupt an electrical current in a circuit, most often used to protect an overloaded or short circuited electrical circuit. Circuit breakers are important because they prevent fires and electrocution by shutting down circuits when they become overloaded.


Air circuit breaker:


An air circuit breaker is a device used to interrupt an electric current in the event of a fault. It does not require any external connections and can be mounted directly on the equipment or structure it protects. Air circuit breakers are primarily used for protection against low amperage short circuits and high amperage long circuits, although they can also protect against ground faults at certain installations.


Oil circuit breaker:


An oil circuit breaker is a device used to protect an electrical circuit from damage due to fluctuating voltages or current. It works by changing the flow of oil through the system, thus providing resistance against voltage fluctuations and protecting the equipment installed in it.


The market for Oil Circuit Breakers (OCC) has been witnessing significant growth over the past few years on account of increasing demand across various end-use industries such as power generation, automotive, aerospace & defense.


Application Insights:


The air circuit breaker application segment led the global circuit breakers market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for electricity from industrial sectors such as oil & gas, chemical, food & beverage, and pulp & paper is expected to drive the demand for air circuit breakers over the coming years.


The sulfur hexafluoride (SF6) circuit breaker application segment accounted for a significant share of 19.1% in terms of revenue in 2017 owing to its ability to protect equipment from damage caused by lightning or power surge on account of its high withstand voltage property which helps prevent electric shock hazard during switching operations across multiple grids connected through SF6 bus bars.


Other applications include oil.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electricity in developing economies, such as China and India. In addition, rising investments in expanding power generation capacities are likely to drive product demand across this region.


The Europe market was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period owing to growing concerns regarding security of energy supply amid severe weather conditions along with increasing adoption of circuit breakers by key utility companies across this region will drive industry expansion further. Moreover, technological advancements coupled with stringent regulations aimed at reducing carbon footprint associated with conventional methods used for oil & gas exploration are projected favorably impact industry development prospects within this region as well as across other regions globally during the same period (2017 - 2030).


Growth Factors:


  • Increasing demand from the automotive and electronics industries
  • Growing investments in renewable energy projects
  • Rising concerns over energy security
  • Proliferation of smart grids and microgrids
  • Technological advancements in circuit breaker products

Scope Of The Report

Report Attributes

Report Details

Report Title

Circuit Breakers Market Research Report

By Type

Air circuit breaker, Oil circuit breaker, Sulfur hexafluoride circuit breaker, Vacuum circuit breaker, Other circuit breakers

By Application

Air circuit breaker, Oil circuit breaker, Sulfur hexafluoride circuit breaker

By Companies

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

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

233

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Circuit Breakers Market Report Segments:

The global Circuit Breakers market is segmented on the basis of:

Types

Air circuit breaker, Oil circuit breaker, Sulfur hexafluoride circuit breaker, Vacuum circuit breaker, Other circuit breakers

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Air circuit breaker, Oil circuit breaker, Sulfur hexafluoride circuit breaker

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. General Electric
  2. ABB
  3. Alstom
  4. Eaton
  5. Mitsubishi Electric
  6. Schneider Electric
  7. Siemens
  8. Maxwell
  9. Toshiba
  10. Pennsylvania Breaker
  11. Legrand
  12. Schurter Holding
  13. Hager
  14. Fuji Electric
  15. Hyundai
  16. CHINT Electrics
  17. DELIXI
  18. Changshu Switchgear
  19. Shanghai Renmin
  20. Liangxin

Global Circuit Breakers Market Overview


Highlights of The Circuit Breakers Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Air circuit breaker
    2. Oil circuit breaker
    3. Sulfur hexafluoride circuit breaker
    4. Vacuum circuit breaker
    5. Other circuit breakers
  1. By Application:

    1. Air circuit breaker
    2. Oil circuit breaker
    3. Sulfur hexafluoride circuit breaker
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Circuit Breakers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Circuit Breakers Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Circuit Breakers Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Circuit Breakers Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Circuit Breakers Market - Supply Chain
   4.5. Global Circuit Breakers Market Forecast
      4.5.1. Circuit Breakers Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Circuit Breakers Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Circuit Breakers Market Absolute $ Opportunity

5. Global Circuit Breakers Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Circuit Breakers Market Size and Volume Forecast by Type
      5.3.1. Air circuit breaker
      5.3.2. Oil circuit breaker
      5.3.3. Sulfur hexafluoride circuit breaker
      5.3.4. Vacuum circuit breaker
      5.3.5. Other circuit breakers
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Circuit Breakers Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Circuit Breakers Market Size and Volume Forecast by Application
      6.3.1. Air circuit breaker
      6.3.2. Oil circuit breaker
      6.3.3. Sulfur hexafluoride circuit breaker
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Circuit Breakers Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Circuit Breakers Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Circuit Breakers Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Circuit Breakers Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Circuit Breakers Demand Share Forecast, 2019-2029

9. North America Circuit Breakers Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Circuit Breakers Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Circuit Breakers Market Size and Volume Forecast by Application
      9.4.1. Air circuit breaker
      9.4.2. Oil circuit breaker
      9.4.3. Sulfur hexafluoride circuit breaker
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Circuit Breakers Market Size and Volume Forecast by Type
      9.7.1. Air circuit breaker
      9.7.2. Oil circuit breaker
      9.7.3. Sulfur hexafluoride circuit breaker
      9.7.4. Vacuum circuit breaker
      9.7.5. Other circuit breakers
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Circuit Breakers Demand Share Forecast, 2019-2029

10. Latin America Circuit Breakers Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Circuit Breakers Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Circuit Breakers Market Size and Volume Forecast by Application
      10.4.1. Air circuit breaker
      10.4.2. Oil circuit breaker
      10.4.3. Sulfur hexafluoride circuit breaker
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Circuit Breakers Market Size and Volume Forecast by Type
      10.7.1. Air circuit breaker
      10.7.2. Oil circuit breaker
      10.7.3. Sulfur hexafluoride circuit breaker
      10.7.4. Vacuum circuit breaker
      10.7.5. Other circuit breakers
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Circuit Breakers Demand Share Forecast, 2019-2029

11. Europe Circuit Breakers Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Circuit Breakers Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Circuit Breakers Market Size and Volume Forecast by Application
      11.4.1. Air circuit breaker
      11.4.2. Oil circuit breaker
      11.4.3. Sulfur hexafluoride circuit breaker
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Circuit Breakers Market Size and Volume Forecast by Type
      11.7.1. Air circuit breaker
      11.7.2. Oil circuit breaker
      11.7.3. Sulfur hexafluoride circuit breaker
      11.7.4. Vacuum circuit breaker
     11.7.5. Other circuit breakers
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Circuit Breakers Demand Share, 2019-2029

12. Asia Pacific Circuit Breakers Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Circuit Breakers Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Circuit Breakers Market Size and Volume Forecast by Application
      12.4.1. Air circuit breaker
      12.4.2. Oil circuit breaker
      12.4.3. Sulfur hexafluoride circuit breaker
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Circuit Breakers Market Size and Volume Forecast by Type
      12.7.1. Air circuit breaker
      12.7.2. Oil circuit breaker
      12.7.3. Sulfur hexafluoride circuit breaker
      12.7.4. Vacuum circuit breaker
      12.7.5. Other circuit breakers
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Circuit Breakers Demand Share, 2019-2029

13. Middle East & Africa Circuit Breakers Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Circuit Breakers Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Circuit Breakers Market Size and Volume Forecast by Application
      13.4.1. Air circuit breaker
      13.4.2. Oil circuit breaker
      13.4.3. Sulfur hexafluoride circuit breaker
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Circuit Breakers Market Size and Volume Forecast by Type
      13.7.1. Air circuit breaker
      13.7.2. Oil circuit breaker
      13.7.3. Sulfur hexafluoride circuit breaker
      13.7.4. Vacuum circuit breaker
      13.7.5. Other circuit breakers
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Circuit Breakers Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Circuit Breakers Market: Market Share Analysis
   14.2. Circuit Breakers Distributors and Customers
   14.3. Circuit Breakers Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. General Electric
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. ABB
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Alstom
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Eaton
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Mitsubishi Electric
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Schneider Electric
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Siemens
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Maxwell
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Toshiba
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Pennsylvania Breaker
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Legrand
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Schurter Holding
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Hager
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Fuji Electric
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Hyundai
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. CHINT Electrics
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. DELIXI
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Changshu Switchgear
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Shanghai Renmin
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. Liangxin
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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