Market Overview:
The global live tank 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 electricity, industrial facilities, residential, transportation and other applications. Additionally, the growing awareness about safety and security is also propelling the growth of this market. However, fluctuations in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
Live Tank Circuit Breakers are used in live tank electrical systems to protect equipment and personnel from injury or death. The circuit breakers prevent the flow of electricity through the system when an overload or short circuit occurs. This protects the equipment from damage and prevents fires or electrocutions.
DC Circuit Breakers:
The DC circuit breakers are used to interrupt the electric supply in case of an emergency. They are installed at the main electrical panel and have a switch that can be turned on or off using a handle. The device is mainly used to interrupt the electric supply in order to protect equipment from damage due to short circuits, overloads, overvoltage, undervoltage and phase loss.
AC Circuit Breakers:
AC circuit breakers are used to interrupt the flow of electric current in case of an emergency. They have a protective mechanism that breaks the electrical connection and thereby discontinues the current. The device is installed at tank circuits, which contain high voltage electricity that could cause severe burns or even fatalities if touched. It has no effect on normal household electrical systems as it operates at extremely high frequencies and does not carry substantial amperage.
Application Insights:
The energy and electricity segment accounted for the largest market share in 2017. The application of live tank circuit breakers for protection against power grid failure, voltage fluctuations and lightning is anticipated to drive the growth of this segment over the forecast period.
The industrial facilities application is expected to register a significant CAGR during the study period owing to growing demand from oil & gas, chemical, manufacturing and other sectors. The equipment used in these industries need proper protection against electric shock as well as physical damage. Circuit breakers are also required by various other industries such as healthcare, telecom etc., which are covered under Other applications category in Latin America region.
Residential sector is expected to be one of the fastest-growing segments due to increasing number of power outages across regions coupled with rising disposable income levels among consumers in developing countries such as India and China.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industrial facilities, commercial facilities, and residential construction activities. This is likely to boost demand for live tank circuit breakers across various industries such as oil & gas, power generation, water treatment plants and other commercial sectors.
The presence of key manufacturers such as Siemens AG; Alstom Grid Ltd.; ABB Ltd.; General Electric; Toshiba Corporation; Schneider Electric SA; Johnson Controls Inc.; Emerson Electric Co., Inc.; Furukawa Electric Co., Ltd.; Mitsubishi Heavy Industries Limited among others has contributed significantly towards regional growth. Furthermore rising demand for clean energy sources along with stringent government regulations regarding carbon emission are anticipated to further drive product adoption across emerging economies of Asia Pacific region including China and India over the next eight years.
Growth Factors:
- Increasing demand for energy efficient electrical equipment
- Rapid industrialization and urbanization in developing countries
- Rising awareness about the benefits of using live tank circuit breakers
- Technological advancements in the manufacturing process of live tank circuit breakers
- Growing demand from end-use industries such as automotive, construction, and electronics
Scope Of The Report
Report Attributes
Report Details
Report Title
Live Tank Circuit Breakers Market Research Report
By Type
DC Circuit Breakers, AC Circuit Breakers
By Application
Energy and Electricity, Industrial Facilities, Residential, Transportation, Other
By Companies
Siemens, ABB, Mitsubishi Electric, D&F Liquidators, General Electric, Hitachi T&D Solutions, Schneider Electric, Inelecusa, Sieyuan Electric Co, OMICRON, Toshiba, Megger, HICO America
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Live Tank Circuit Breakers Market Report Segments:
The global Live Tank Circuit Breakers market is segmented on the basis of:
Types
DC Circuit Breakers, AC 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
Energy and Electricity, Industrial Facilities, Residential, Transportation, 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:
- Siemens
- ABB
- Mitsubishi Electric
- D&F Liquidators
- General Electric
- Hitachi T&D Solutions
- Schneider Electric
- Inelecusa
- Sieyuan Electric Co
- OMICRON
- Toshiba
- Megger
- HICO America
Highlights of The Live Tank 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:
- DC Circuit Breakers
- AC Circuit Breakers
- By Application:
- Energy and Electricity
- Industrial Facilities
- Residential
- Transportation
- 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 Live Tank 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
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?
Live tank circuit breakers are devices that interrupt the flow of electricity to a live electrical system in the event of an emergency. When activated, they will trip any circuits that are connected to them, preventing further damage or injury.
Some of the major companies in the live tank circuit breakers market are Siemens, ABB, Mitsubishi Electric, D&F Liquidators, General Electric, Hitachi T&D Solutions, Schneider Electric, Inelecusa, Sieyuan Electric Co, OMICRON, Toshiba, Megger, HICO America.
The live tank 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 Live Tank 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 Live Tank Circuit Breakers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Live Tank 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 Live Tank 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 Live Tank Circuit Breakers Market Size & Forecast, 2020-2028
4.5.1 Live Tank Circuit Breakers Market Size and Y-o-Y Growth
4.5.2 Live Tank 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 DC Circuit Breakers
5.2.2 AC 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 Energy and Electricity
6.2.2 Industrial Facilities
6.2.3 Residential
6.2.4 Transportation
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Live Tank 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 Live Tank 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 DC Circuit Breakers
9.6.2 AC 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 Energy and Electricity
9.10.2 Industrial Facilities
9.10.3 Residential
9.10.4 Transportation
9.10.5 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 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 DC Circuit Breakers
10.6.2 AC 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 Energy and Electricity
10.10.2 Industrial Facilities
10.10.3 Residential
10.10.4 Transportation
10.10.5 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 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 DC Circuit Breakers
11.6.2 AC 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 Energy and Electricity
11.10.2 Industrial Facilities
11.10.3 Residential
11.10.4 Transportation
11.10.5 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 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 DC Circuit Breakers
12.6.2 AC 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 Energy and Electricity
12.10.2 Industrial Facilities
12.10.3 Residential
12.10.4 Transportation
12.10.5 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) 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 DC Circuit Breakers
13.6.2 AC 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 Energy and Electricity
13.10.2 Industrial Facilities
13.10.3 Residential
13.10.4 Transportation
13.10.5 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 Live Tank Circuit Breakers Market: Competitive Dashboard
14.2 Global Live Tank Circuit Breakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 ABB
14.3.3 Mitsubishi Electric
14.3.4 D&F Liquidators
14.3.5 General Electric
14.3.6 Hitachi T&D Solutions
14.3.7 Schneider Electric
14.3.8 Inelecusa
14.3.9 Sieyuan Electric Co
14.3.10 OMICRON
14.3.11 Toshiba
14.3.12 Megger
14.3.13 HICO America
