Market Overview:
The global device circuit breakers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy and the need for reliable and efficient power distribution systems. Additionally, the growing awareness about safety and security is also propelling the growth of this market. The global device circuit breakers market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into plug-in type, stationary type, draw-out type. Plug-in types are those that are inserted into a socket or panelboard; stationary types are those that remain in one place; while draw-out types are those that can be removed from their enclosures for inspection or maintenance purposes. On the basis of application, it can be classified into railway applications, grid applications (transmission & distribution), oil & gas industry applications (pipelines), other industrial applications (steel mills), commercial buildings/homes/data centers), and marine vessels). Regionally speaking North America dominates this market followed by Europe Asia Pacific , Latin America Middle East & Africa .
Product Definition:
Device Circuit Breakers are important because they protect people and equipment from potentially dangerous electrical current. They do this by opening, or breaking, the electrical circuit when an overload or fault occurs. This interrupts the flow of electricity and prevents damage to the wiring or equipment.
Plug-In Type:
Plug-in type is a security technology that enables the protection of electronic devices from threats. It provides an additional layer of defense to networked systems and helps detect malicious attacks attempting to breach the confidentiality or integrity of data. The plug-in type device works on the principle that any unauthorized attempt to access a system may result in triggering an alarm, which can be helpful in detecting and preventing cyberattacks before they occur.
Stationary Type:
Stationary type is used in the Device Circuit Breakers (DCB) market to identify and categorize devices that are inserted into a network. The identification of these devices is done by analyzing the traffic that travels through the network. A device may act as an independent circuit, but it is categorized into a station depending on its location in the network.
Application Insights:
The railway application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The railway industry has been witnessing significant growth due to rising demand for advanced technology, high-speed trains coupled with stringent government regulations encouraging investments in railways infrastructure development across various regions.
The grid application segment is expected to witness considerable growth over the forecast period owing to growing demand from industrial applications requiring precise control of power distribution and switching operations. The circuit breakers are used in large quantities as they offer protection against electrical hazards such as short circuits, open circuits, overloading and other related problems occurring on transmission lines or between stations during normal operations along with improved reliability resulting in increased product adoption across multiple applications areas including oil & gas sector among others which are further estimated to drive global device circuit breakers market growth significantly over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for DCS in countries such as China and India. In 2017, China accounted for a share of more than 20% of global DCS market and it is anticipated that by 2030, China will account for a share exceeding 30%. Growing infrastructure activities coupled with industrialization are driving the regional market growth.
The Asia Pacific region has been witnessing an increase in grid-scale projects owing to growing electricity demand from developing economies such as India and Indonesia. Grid-scale projects help stabilize power supply across large geographical areas thus reducing power losses at generation level while also reducing overall electricity cost associated with distribution level (transmission & distribution). Such factors are expected to drive product adoption across various industries within Asia Pacific thereby boosting industry penetration rates over the next eight years ending on 28th August 2020.
Growth Factors:
- Increasing demand for smart and energy-efficient devices
- Rapid industrialization and urbanization in developing countries
- Growing investments in electrical infrastructure development
- Proliferation of advanced technologies and their adoption in various industries
- Rising concerns over safety and security of electrical systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Device Circuit Breakers Market Research Report
By Type
Plug-In Type, Stationary Type, Draw-Out Type
By Application
Railway, Grid, Other
By Companies
Phoenix Contract, Connecticut Electric, Murrelektronik, Eaton, Siemens, ABB, Culter-Hanmmer, Westinghouse, Schneider, Blue Sea Systems, Phoenix Contract, Carling Technologies, Bussman, AudioPipe, Buyers Products, ITE, Panduit, Powerwerx, Stinger, Federal Pacific, Murray Feiss
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Device Circuit Breakers Market Report Segments:
The global Device Circuit Breakers market is segmented on the basis of:
Types
Plug-In Type, Stationary Type, Draw-Out Type
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
Railway, Grid, Other
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:
- Phoenix Contract
- Connecticut Electric
- Murrelektronik
- Eaton
- Siemens
- ABB
- Culter-Hanmmer
- Westinghouse
- Schneider
- Blue Sea Systems
- Phoenix Contract
- Carling Technologies
- Bussman
- AudioPipe
- Buyers Products
- ITE
- Panduit
- Powerwerx
- Stinger
- Federal Pacific
- Murray Feiss
Highlights of The Device Circuit Breakers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plug-In Type
- Stationary Type
- Draw-Out Type
- By Application:
- Railway
- Grid
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Device 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Device circuit breakers are a type of electrical switch that can be used to interrupt the flow of electricity in an electrical circuit. When activated, device circuit breakers interrupt the current flowing through the switch and protect equipment or other devices in the circuit from being damaged.
Some of the major players in the device circuit breakers market are Phoenix Contract, Connecticut Electric, Murrelektronik, Eaton, Siemens, ABB, Culter-Hanmmer, Westinghouse, Schneider, Blue Sea Systems, Phoenix Contract, Carling Technologies, Bussman, AudioPipe, Buyers Products, ITE, Panduit, Powerwerx, Stinger, Federal Pacific, Murray Feiss.
The device circuit breakers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Device Circuit Breakers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Device Circuit Breakers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Device Circuit Breakers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Device Circuit Breakers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Device Circuit Breakers Market Size & Forecast, 2018-2028
4.5.1 Device Circuit Breakers Market Size and Y-o-Y Growth
4.5.2 Device Circuit Breakers Market Absolute $ Opportunity
Chapter 5 Global Device Circuit Breakers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Device Circuit Breakers Market Size Forecast by Type
5.2.1 Plug-In Type
5.2.2 Stationary Type
5.2.3 Draw-Out Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Device Circuit Breakers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Device Circuit Breakers Market Size Forecast by Applications
6.2.1 Railway
6.2.2 Grid
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Device Circuit Breakers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Device Circuit Breakers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Device Circuit Breakers Analysis and Forecast
9.1 Introduction
9.2 North America Device Circuit Breakers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Device Circuit Breakers Market Size Forecast by Type
9.6.1 Plug-In Type
9.6.2 Stationary Type
9.6.3 Draw-Out Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Device Circuit Breakers Market Size Forecast by Applications
9.10.1 Railway
9.10.2 Grid
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Device Circuit Breakers Analysis and Forecast
10.1 Introduction
10.2 Europe Device Circuit Breakers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Device Circuit Breakers Market Size Forecast by Type
10.6.1 Plug-In Type
10.6.2 Stationary Type
10.6.3 Draw-Out Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Device Circuit Breakers Market Size Forecast by Applications
10.10.1 Railway
10.10.2 Grid
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Device Circuit Breakers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Device Circuit Breakers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Device Circuit Breakers Market Size Forecast by Type
11.6.1 Plug-In Type
11.6.2 Stationary Type
11.6.3 Draw-Out Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Device Circuit Breakers Market Size Forecast by Applications
11.10.1 Railway
11.10.2 Grid
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Device Circuit Breakers Analysis and Forecast
12.1 Introduction
12.2 Latin America Device Circuit Breakers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Device Circuit Breakers Market Size Forecast by Type
12.6.1 Plug-In Type
12.6.2 Stationary Type
12.6.3 Draw-Out Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Device Circuit Breakers Market Size Forecast by Applications
12.10.1 Railway
12.10.2 Grid
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Device Circuit Breakers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Device Circuit Breakers Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Device Circuit Breakers Market Size Forecast by Type
13.6.1 Plug-In Type
13.6.2 Stationary Type
13.6.3 Draw-Out Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Device Circuit Breakers Market Size Forecast by Applications
13.10.1 Railway
13.10.2 Grid
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Device Circuit Breakers Market: Competitive Dashboard
14.2 Global Device Circuit Breakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Phoenix Contract
14.3.2 Connecticut Electric
14.3.3 Murrelektronik
14.3.4 Eaton
14.3.5 Siemens
14.3.6 ABB
14.3.7 Culter-Hanmmer
14.3.8 Westinghouse
14.3.9 Schneider
14.3.10 Blue Sea Systems
14.3.11 Phoenix Contract
14.3.12 Carling Technologies
14.3.13 Bussman
14.3.14 AudioPipe
14.3.15 Buyers Products
14.3.16 ITE
14.3.17 Panduit
14.3.18 Powerwerx
14.3.19 Stinger
14.3.20 Federal Pacific
14.3.21 Murray Feiss
