Market Overview:
The global molded case circuit breaker for photovoltaic market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for renewable energy sources, especially solar energy, across the globe. In addition, the growing awareness about the benefits of using solar energy is also propelling the growth of this market. The global molded case circuit breaker for photovoltaic market can be segmented on the basis of type and application. On the basis of type, it can be divided into DC 600-1000V and DC 1000-1500V segments.
Product Definition:
Molded Case Circuit Breaker for Photovoltaic is a circuit breaker that is specifically designed for use in photovoltaic systems. It helps protect the system from damage by providing overcurrent protection.
DC 600-1000V:
DC 600-1000V, it's usage.
The global DC 600-1000V, it's usage and growth factor in Molded Case Circuit Breaker for Photovoltaic market size was valued at USD 0.01 million in 2016. The increasing demand for renewable energy is expected to drive the photovoltaic industry over the forecast period which will augment product demand over the next seven years.
DC 1000-1500V:
DC 1000-1500V and it's usage in Molded Case Circuit Breaker for Photovoltaic market is a device that prevents the flow of electric current when there is no load present, due to the opening of a circuit by some fault or short circuit. It can be used in solar power plants, battery systems, transformers and other electrical equipment. DC 1000-1500V are high voltage electricity that can cause severe burns; therefore it needs to be handled with care.
Application Insights:
The other application segment includes the inverter cabinet and combiner box. The inverter cabinet is expected to be the fastest-growing application segment over the forecast period owing to increasing demand for clean energy from countries such as China, India, and Mexico. In addition, growing investments in solar power plants by these countries will boost product demand over the next seven years.
The DC cabinet is projected to be one of the prominent applications due to its ability to withstand extreme weather conditions such as snowfall and rainstorms with ease while protecting equipment within. Molded case circuit breakers are also used in large numbers across utility lines that serve residential areas along with commercial buildings since they offer protection against voltage fluctuations caused by clouds or atmospheric changes.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in renewable energy and favorable government policies across key countries such as China, India, Japan, South Korea, Indonesia and Australia. In addition, rising awareness regarding environmental protection is anticipated to fuel industry expansion over the next eight years.
The Middle East & Africa region accounted for a share of more than 10% in 2017 owing to high oil & gas prices that compelled manufacturers operating with low margins at times of lower oil & gas prices or recessionary trends towards maintaining production levels despite lower profits thereby driving demand for MCB products used in power distribution panels located near refineries along with other industries that consume large amounts of electricity thus positively influencing overall market growth.
North America was estimated as one of the largest markets by application segment owing to growing PV capacity installations across U.S.
Growth Factors:
- Increasing demand for renewable energy: The global trend of increasing demand for renewable energy is expected to drive the growth of the molded case circuit breaker market for photovoltaic applications.
- Technological advancements: The development of new and innovative technologies in the molded case circuit breaker market is anticipated to propel its growth during the forecast period.
- Rising investments in smart grids: The increasing investments in smart grids are expected to create opportunities for the growth of the molded case circuit breaker market for photovoltaic applications over the next few years.
- Growing concerns about climate change: Concerns about climate change are projected to fuel demand for solar power, which will subsequently boost growth prospects of the molded case circuit breaker market for photovoltaic applications duringthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Molded Case Circuit Breaker for Photovoltaic Market Research Report
By Type
DC 600-1000V, DC 1000-1500V
By Application
Combiner Box, DC Cabinet, Inverter Cabinet, Other
By Companies
Eaton, ABB, Mitsubishi Electric, Schneider Electric, Fuji Electric, Zhejiang Geya Electrical, ZJBENY, Linbai Electric, Hager, Terasaki Electric, Eaton, Suntree Electric
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Molded Case Circuit Breaker for Photovoltaic Market Report Segments:
The global Molded Case Circuit Breaker for Photovoltaic market is segmented on the basis of:
Types
DC 600-1000V, DC 1000-1500V
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
Combiner Box, DC Cabinet, Inverter Cabinet, 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:
- Eaton
- ABB
- Mitsubishi Electric
- Schneider Electric
- Fuji Electric
- Zhejiang Geya Electrical
- ZJBENY
- Linbai Electric
- Hager
- Terasaki Electric
- Eaton
- Suntree Electric
Highlights of The Molded Case Circuit Breaker for Photovoltaic 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 600-1000V
- DC 1000-1500V
- By Application:
- Combiner Box
- DC Cabinet
- Inverter Cabinet
- 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 Molded Case Circuit Breaker for Photovoltaic 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:
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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?
A molded case circuit breaker is a type of electrical switch that is designed to be used in photovoltaic systems. Molded case circuit breakers are made from a durable plastic and are designed to withstand the high levels of heat and pressure that are often found in solar panels. They also have a smaller size than traditional switches, which makes them easier to fit into tight spaces.
Some of the major players in the molded case circuit breaker for photovoltaic market are Eaton, ABB, Mitsubishi Electric, Schneider Electric, Fuji Electric, Zhejiang Geya Electrical, ZJBENY, Linbai Electric, Hager, Terasaki Electric, Eaton, Suntree Electric.
The molded case circuit breaker for photovoltaic market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Molded Case Circuit Breaker for Photovoltaic 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 Molded Case Circuit Breaker for Photovoltaic Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Molded Case Circuit Breaker for Photovoltaic 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 Molded Case Circuit Breaker for Photovoltaic 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 Molded Case Circuit Breaker for Photovoltaic Market Size & Forecast, 2018-2028
4.5.1 Molded Case Circuit Breaker for Photovoltaic Market Size and Y-o-Y Growth
4.5.2 Molded Case Circuit Breaker for Photovoltaic Market Absolute $ Opportunity
Chapter 5 Global Molded Case Circuit Breaker for Photovoltaic 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 Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Type
5.2.1 DC 600-1000V
5.2.2 DC 1000-1500V
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Molded Case Circuit Breaker for Photovoltaic 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 Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Applications
6.2.1 Combiner Box
6.2.2 DC Cabinet
6.2.3 Inverter Cabinet
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Molded Case Circuit Breaker for Photovoltaic 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 Molded Case Circuit Breaker for Photovoltaic 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 Molded Case Circuit Breaker for Photovoltaic Analysis and Forecast
9.1 Introduction
9.2 North America Molded Case Circuit Breaker for Photovoltaic 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 Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Type
9.6.1 DC 600-1000V
9.6.2 DC 1000-1500V
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 Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Applications
9.10.1 Combiner Box
9.10.2 DC Cabinet
9.10.3 Inverter Cabinet
9.10.4 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 Molded Case Circuit Breaker for Photovoltaic Analysis and Forecast
10.1 Introduction
10.2 Europe Molded Case Circuit Breaker for Photovoltaic 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 Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Type
10.6.1 DC 600-1000V
10.6.2 DC 1000-1500V
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 Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Applications
10.10.1 Combiner Box
10.10.2 DC Cabinet
10.10.3 Inverter Cabinet
10.10.4 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 Molded Case Circuit Breaker for Photovoltaic Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Molded Case Circuit Breaker for Photovoltaic 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 Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Type
11.6.1 DC 600-1000V
11.6.2 DC 1000-1500V
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 Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Applications
11.10.1 Combiner Box
11.10.2 DC Cabinet
11.10.3 Inverter Cabinet
11.10.4 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 Molded Case Circuit Breaker for Photovoltaic Analysis and Forecast
12.1 Introduction
12.2 Latin America Molded Case Circuit Breaker for Photovoltaic 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 Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Type
12.6.1 DC 600-1000V
12.6.2 DC 1000-1500V
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 Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Applications
12.10.1 Combiner Box
12.10.2 DC Cabinet
12.10.3 Inverter Cabinet
12.10.4 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) Molded Case Circuit Breaker for Photovoltaic Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Molded Case Circuit Breaker for Photovoltaic 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) Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Type
13.6.1 DC 600-1000V
13.6.2 DC 1000-1500V
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) Molded Case Circuit Breaker for Photovoltaic Market Size Forecast by Applications
13.10.1 Combiner Box
13.10.2 DC Cabinet
13.10.3 Inverter Cabinet
13.10.4 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 Molded Case Circuit Breaker for Photovoltaic Market: Competitive Dashboard
14.2 Global Molded Case Circuit Breaker for Photovoltaic Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton
14.3.2 ABB
14.3.3 Mitsubishi Electric
14.3.4 Schneider Electric
14.3.5 Fuji Electric
14.3.6 Zhejiang Geya Electrical
14.3.7 ZJBENY
14.3.8 Linbai Electric
14.3.9 Hager
14.3.10 Terasaki Electric
14.3.11 Eaton
14.3.12 Suntree Electric
