Market Overview:
The global low-voltage 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 allocation, shutoff circuit automatically, and others applications across the globe. Additionally, the growing awareness about safety and security among consumers is also propelling the growth of this market. Based on type, the global low-voltage circuit breakers market can be segmented into miniature circuit breaker (MCB), moulded case circuit breaker (MCCB), and air circuit breaker (ACB). MCBs are expected to dominate this market during the forecast period owing to their compact size and easy installation. Furthermore, ACBs are witnessing a high demand due to their ability to interrupt high currents without damage. Based on application, the global low-voltagecircuit breakersmarket can be divided into energy allocation, shutoff circuits automatically,,and others applications such as motor control centers,. Shutoff circuits automatically heldthe largest share in 2017 owingto their ability tomaintain safety byshutting down power in an event of an emergency or fault condition.
Product Definition:
Low-voltage circuit breakers are used to protect low-voltage electrical circuits, such as those found in homes and small businesses. They work by monitoring the amount of current flowing through the circuit and opening when that current reaches a predetermined level. This protects the circuit from becoming overloaded and causing a fire or other electrical hazard.
Miniature Circuit Breaker (MCB):
Miniature circuit breakers are used to protect equipment from short circuits and overvoltage. They can be used in various applications such as switch mode power supply, battery backup systems, telecommunication base stations, data processing equipment and solar inverters. The product is available in different sizes ranging from 1A to 250V with a wide range of current ratings between 0mA and 5A.
Moulded Case Circuit Breaker (MCCB):
MCCBs are used to protect the equipment from damage due to overload or short circuit. It can be considered as a safety device that prevents operation of devices in an abnormal situation. MCCBs are available in different forms such as plates, cards, and frames; based on their applications.
The market for MCCB is expected to witness significant growth over the forecast period owing to growing awareness regarding its advantages.
Application Insights:
The application segment is segregated into five parts including energy allocation, other applications, automatic shutdown, cutoff circuit and others. The energy allocation segment dominated the global market in 2017 and this trend is anticipated to continue over the forecast period. This can be attributed to growing demand for power distribution from various electrical equipment such as computers, laptops etc. across households and commercial buildings.
The other applications include industrial control systems and medical equipment among others which require a high level of safety assurance while handling high voltages coming from transformers or motors used in these devices resulting in accidents if proper safety measures are not taken beforehand.
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 electric motor, transformers and other components as a result of growing manufacturing sector in countries such as China, India, Japan and South Korea. In addition, rising number of power projects in developing economies including China and India are anticipated to drive product demand over the next eight years.
North America accounted for more than 25% share of global revenue in 2017 owing to presence of key companies along with high consumer awareness regarding safety standards associated with electricity distribution equipment. Moreover, stringent regulations laid down by National Electrical Code (NEC) setters organization pertaining to installation wiring methods within commercial buildings are projected to further boost industry growth across this region during the forecast period from 2018 till 2030 (estimated).
Growth Factors:
- Increasing demand for low-voltage circuit breakers from the construction and infrastructure sectors
- Rising demand for low-voltage circuit breakers in the automotive sector
- Growing popularity of miniaturized low-voltage circuit breakers
- Proliferation of smart grids and energy storage systems
- Rising concerns over safety and security
Scope Of The Report
Report Attributes
Report Details
Report Title
Low-Voltage Circuit Breakers Market Research Report
By Type
Miniature Circuit Breaker (MCB), Moulded Case Circuit Breaker (MCCB), Air Circuit Breaker (ACB)
By Application
Energy Allocation, Shutoff Circuit Automaticly, Others
By Companies
Schneider Electric, ABB, Eaton, Siemens, Mitsubishi Electric, General Electric, Hager, Fuji Electric, Hyundai, CHINT Electrics, Shanghai Renmin, Changshu Switchgear, Liangxin, DELIXI, S. Men Rin, Hangzhou Zhijiang, Kailong
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Low-Voltage Circuit Breakers Market Report Segments:
The global Low-Voltage Circuit Breakers market is segmented on the basis of:
Types
Miniature Circuit Breaker (MCB), Moulded Case Circuit Breaker (MCCB), Air Circuit Breaker (ACB)
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 Allocation, Shutoff Circuit Automaticly, 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:
- Schneider Electric
- ABB
- Eaton
- Siemens
- Mitsubishi Electric
- General Electric
- Hager
- Fuji Electric
- Hyundai
- CHINT Electrics
- Shanghai Renmin
- Changshu Switchgear
- Liangxin
- DELIXI
- S. Men Rin
- Hangzhou Zhijiang
- Kailong
Highlights of The Low-Voltage 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:
- Miniature Circuit Breaker (MCB)
- Moulded Case Circuit Breaker (MCCB)
- Air Circuit Breaker (ACB)
- By Application:
- Energy Allocation
- Shutoff Circuit Automaticly
- 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 Low-Voltage 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?
Low-voltage circuit breakers are devices that interrupt the flow of electricity to a specific area when it becomes overloaded. This can protect people and equipment from being injured or killed in an electrical accident.
Some of the major players in the low-voltage circuit breakers market are Schneider Electric, ABB, Eaton, Siemens, Mitsubishi Electric, General Electric, Hager, Fuji Electric, Hyundai, CHINT Electrics, Shanghai Renmin, Changshu Switchgear, Liangxin, DELIXI, S. Men Rin, Hangzhou Zhijiang, Kailong.
The low-voltage 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 Low-Voltage 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 Low-Voltage Circuit Breakers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low-Voltage 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 Low-Voltage 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 Low-Voltage Circuit Breakers Market Size & Forecast, 2018-2028
4.5.1 Low-Voltage Circuit Breakers Market Size and Y-o-Y Growth
4.5.2 Low-Voltage Circuit Breakers Market Absolute $ Opportunity
Chapter 5 Global Low-Voltage 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 Low-Voltage Circuit Breakers Market Size Forecast by Type
5.2.1 Miniature Circuit Breaker (MCB)
5.2.2 Moulded Case Circuit Breaker (MCCB)
5.2.3 Air Circuit Breaker (ACB)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low-Voltage 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 Low-Voltage Circuit Breakers Market Size Forecast by Applications
6.2.1 Energy Allocation
6.2.2 Shutoff Circuit Automaticly
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low-Voltage 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 Low-Voltage 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 Low-Voltage Circuit Breakers Analysis and Forecast
9.1 Introduction
9.2 North America Low-Voltage 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 Low-Voltage Circuit Breakers Market Size Forecast by Type
9.6.1 Miniature Circuit Breaker (MCB)
9.6.2 Moulded Case Circuit Breaker (MCCB)
9.6.3 Air Circuit Breaker (ACB)
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 Low-Voltage Circuit Breakers Market Size Forecast by Applications
9.10.1 Energy Allocation
9.10.2 Shutoff Circuit Automaticly
9.10.3 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 Low-Voltage Circuit Breakers Analysis and Forecast
10.1 Introduction
10.2 Europe Low-Voltage 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 Low-Voltage Circuit Breakers Market Size Forecast by Type
10.6.1 Miniature Circuit Breaker (MCB)
10.6.2 Moulded Case Circuit Breaker (MCCB)
10.6.3 Air Circuit Breaker (ACB)
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 Low-Voltage Circuit Breakers Market Size Forecast by Applications
10.10.1 Energy Allocation
10.10.2 Shutoff Circuit Automaticly
10.10.3 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 Low-Voltage Circuit Breakers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low-Voltage 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 Low-Voltage Circuit Breakers Market Size Forecast by Type
11.6.1 Miniature Circuit Breaker (MCB)
11.6.2 Moulded Case Circuit Breaker (MCCB)
11.6.3 Air Circuit Breaker (ACB)
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 Low-Voltage Circuit Breakers Market Size Forecast by Applications
11.10.1 Energy Allocation
11.10.2 Shutoff Circuit Automaticly
11.10.3 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 Low-Voltage Circuit Breakers Analysis and Forecast
12.1 Introduction
12.2 Latin America Low-Voltage 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 Low-Voltage Circuit Breakers Market Size Forecast by Type
12.6.1 Miniature Circuit Breaker (MCB)
12.6.2 Moulded Case Circuit Breaker (MCCB)
12.6.3 Air Circuit Breaker (ACB)
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 Low-Voltage Circuit Breakers Market Size Forecast by Applications
12.10.1 Energy Allocation
12.10.2 Shutoff Circuit Automaticly
12.10.3 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) Low-Voltage Circuit Breakers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low-Voltage 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) Low-Voltage Circuit Breakers Market Size Forecast by Type
13.6.1 Miniature Circuit Breaker (MCB)
13.6.2 Moulded Case Circuit Breaker (MCCB)
13.6.3 Air Circuit Breaker (ACB)
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) Low-Voltage Circuit Breakers Market Size Forecast by Applications
13.10.1 Energy Allocation
13.10.2 Shutoff Circuit Automaticly
13.10.3 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 Low-Voltage Circuit Breakers Market: Competitive Dashboard
14.2 Global Low-Voltage Circuit Breakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 ABB
14.3.3 Eaton
14.3.4 Siemens
14.3.5 Mitsubishi Electric
14.3.6 General Electric
14.3.7 Hager
14.3.8 Fuji Electric
14.3.9 Hyundai
14.3.10 CHINT Electrics
14.3.11 Shanghai Renmin
14.3.12 Changshu Switchgear
14.3.13 Liangxin
14.3.14 DELIXI
14.3.15 S. Men Rin
14.3.16 Hangzhou Zhijiang
14.3.17 Kailong
