Market Overview:
The global hydraulic magnetic circuit breakers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and reliable electrical equipment, especially in developed economies such as North America and Europe. In addition, the growing demand for railway applications, network applications, power generation applications, telecom & communications applications, home appliance applications and other industrial applications is also contributing to the growth of this market. Based on type, the global hydraulic magnetic circuit breakers market can be segmented into single-pole hydraulic magnetic circuit breakers and multi-pole hydraulic magnetic circuit breakers. Single-pole hydraulic magnetic circuit breakers are more popular than multi-pole ones due to their low cost and easy installation.
Product Definition:
A hydraulic magnetic circuit breaker is a type of electrical switch that uses both hydraulics and magnets to control the flow of electricity. The breaker works by using a piston to create a hydraulic force, which is then used to activate the magnets. This creates an electromagnetic field that interrupts the flow of electricity, stopping the current in its tracks.
Single-pole Hydraulic Magnetic Circuit Breakers:
Single-pole hydraulic magnetic circuit breakers are used to interrupt the electric flow in a limited area. They are available in two main types, namely single- pole and double- pole. Single-poles have one arm and usually three terminals while double poles have two arms and four terminals.
Multi-pole Hydraulic Magnetic Circuit Breakers:
Multi-pole hydraulic magnetic circuit breakers (MHCB) are a group of electrical devices that protect the main power supply in the event of an emergency. An MHCB is a type of switch used to interrupt the electric current flow through an electrical circuit, thereby protecting it from overheating, overvoltage, undervoltage and short-circuit situations.
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 network, particularly in developing countries such as India, China and Brazil is expanding rapidly which is expected to propel demand over the coming years. Furthermore, increasing government expenditure on railways infrastructure development across various regions including Europe and Asia Pacific will further boost industry growth during the forecast period.
The power generation application segment was valued at USD 1,252.5 million in 2017 owing to high product demand from major power generating companies such as Enel SpA (Enel), AES Corporation (AES) and Iberdrola SA (Iberdrola). Circuit breakers are used with switchgear & motor protection systems during electrical outages or brownouts since they limit damage due to electric shock by interrupting an electric current when it exceeds safe limits established by utility authorities or system designers respectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 5.6% over the forecast period, owing to rising demand for technologically advanced products for protection against power outages and natural disasters. Furthermore, increasing investments in construction activities are projected to fuel product demand over the coming years.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 owing high investment opportunities and supportive government initiatives such as “Make in India†campaign by Indian government that encourages manufacturing activities within country’s borders thereby driving industrial magnetic circuit breakers market growth across various sectors including railways, telecom & communications, energy generation and others.
Growth Factors:
- Increasing demand for energy efficient and reliable electrical equipment
- Rapid industrialization and urbanization in developing countries
- Growing investments in power infrastructure worldwide
- Proliferation of smart grids and renewable energy sources
- Technological advancements that improve the performance of hydraulic magnetic circuit breakers
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Magnetic Circuit Breakers Market Research Report
By Type
Single-pole Hydraulic Magnetic Circuit Breakers, Multi-pole Hydraulic Magnetic Circuit Breakers
By Application
Railway, Network, Power Generation, Telecom & Communications, Home Appliance, Others
By Companies
Carling Technologies, Eaton, TE Connectivity, E-T-A, IDEC, Sensata Technologies, Heinemann Electric, Techna International, Shihlin Electric & Engineering, Mors Smitt, Carling Technologies, Weidmuller, Yueqing Fanrong Electrical
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Magnetic Circuit Breakers Market Report Segments:
The global Hydraulic Magnetic Circuit Breakers market is segmented on the basis of:
Types
Single-pole Hydraulic Magnetic Circuit Breakers, Multi-pole Hydraulic Magnetic 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
Railway, Network, Power Generation, Telecom & Communications, Home Appliance, Others
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:
- Carling Technologies
- Eaton
- TE Connectivity
- E-T-A
- IDEC
- Sensata Technologies
- Heinemann Electric
- Techna International
- Shihlin Electric & Engineering
- Mors Smitt
- Carling Technologies
- Weidmuller
- Yueqing Fanrong Electrical
Highlights of The Hydraulic Magnetic 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:
- Single-pole Hydraulic Magnetic Circuit Breakers
- Multi-pole Hydraulic Magnetic Circuit Breakers
- By Application:
- Railway
- Network
- Power Generation
- Telecom & Communications
- Home Appliance
- Others
- 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 Hydraulic Magnetic 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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- Product & Brand 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?
Hydraulic Magnetic Circuit Breakers are devices that interrupt power to a circuit when it is overloaded. They work by using the pressure of hydraulic fluid to break the circuit.
Some of the key players operating in the hydraulic magnetic circuit breakers market are Carling Technologies, Eaton, TE Connectivity, E-T-A, IDEC, Sensata Technologies, Heinemann Electric, Techna International, Shihlin Electric & Engineering, Mors Smitt, Carling Technologies, Weidmuller, Yueqing Fanrong Electrical.
The hydraulic magnetic circuit breakers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Magnetic 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 Hydraulic Magnetic Circuit Breakers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Magnetic 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 Hydraulic Magnetic 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 Hydraulic Magnetic Circuit Breakers Market Size & Forecast, 2020-2028
4.5.1 Hydraulic Magnetic Circuit Breakers Market Size and Y-o-Y Growth
4.5.2 Hydraulic Magnetic Circuit Breakers Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Single-pole Hydraulic Magnetic Circuit Breakers
5.2.2 Multi-pole Hydraulic Magnetic Circuit Breakers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Railway
6.2.2 Network
6.2.3 Power Generation
6.2.4 Telecom & Communications
6.2.5 Home Appliance
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Magnetic 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 Hydraulic Magnetic 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Single-pole Hydraulic Magnetic Circuit Breakers
9.6.2 Multi-pole Hydraulic Magnetic Circuit Breakers
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 Market Size Forecast by Applications
9.10.1 Railway
9.10.2 Network
9.10.3 Power Generation
9.10.4 Telecom & Communications
9.10.5 Home Appliance
9.10.6 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Single-pole Hydraulic Magnetic Circuit Breakers
10.6.2 Multi-pole Hydraulic Magnetic Circuit Breakers
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 Market Size Forecast by Applications
10.10.1 Railway
10.10.2 Network
10.10.3 Power Generation
10.10.4 Telecom & Communications
10.10.5 Home Appliance
10.10.6 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Single-pole Hydraulic Magnetic Circuit Breakers
11.6.2 Multi-pole Hydraulic Magnetic Circuit Breakers
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 Market Size Forecast by Applications
11.10.1 Railway
11.10.2 Network
11.10.3 Power Generation
11.10.4 Telecom & Communications
11.10.5 Home Appliance
11.10.6 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Single-pole Hydraulic Magnetic Circuit Breakers
12.6.2 Multi-pole Hydraulic Magnetic Circuit Breakers
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 Market Size Forecast by Applications
12.10.1 Railway
12.10.2 Network
12.10.3 Power Generation
12.10.4 Telecom & Communications
12.10.5 Home Appliance
12.10.6 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Single-pole Hydraulic Magnetic Circuit Breakers
13.6.2 Multi-pole Hydraulic Magnetic Circuit Breakers
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) Market Size Forecast by Applications
13.10.1 Railway
13.10.2 Network
13.10.3 Power Generation
13.10.4 Telecom & Communications
13.10.5 Home Appliance
13.10.6 Others
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 Hydraulic Magnetic Circuit Breakers Market: Competitive Dashboard
14.2 Global Hydraulic Magnetic Circuit Breakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carling Technologies
14.3.2 Eaton
14.3.3 TE Connectivity
14.3.4 E-T-A
14.3.5 IDEC
14.3.6 Sensata Technologies
14.3.7 Heinemann Electric
14.3.8 Techna International
14.3.9 Shihlin Electric & Engineering
14.3.10 Mors Smitt
14.3.11 Carling Technologies
14.3.12 Weidmuller
14.3.13 Yueqing Fanrong Electrical
