Market Overview:
The global thermal 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 thermal circuit breakers in residential, commercial, and industrial applications. In terms of type, the integral type segment is expected to lead the global thermal circuit breakers market during the forecast period. This can be attributed to its high efficiency and low maintenance requirements. In terms of application, the industrial segment is expected to lead the global thermal circuit breakers market during the forecast period.
Product Definition:
Thermal Circuit Breakers are devices that open and close an electric circuit by thermal expansion of a bimetallic strip. Thermal Circuit Breakers are important because they protect electrical circuits from overheating.
Integral Type:
The integral type is a new term in the circuit breakers industry and has been used to refer to some specific Breakers that are manufactured by combining two or more technologies into one device. The most common example of integral type would be a combination of an arc-fault circuit interrupter (AFCI) and a ground fault detector (GFI).
PCB Mounting:
PCB mounting is a technique of installing printed circuit boards in electronic devices. It involves soldering the traces on the PCB and then using special fasteners to mount it in the device. The most commonly used materials for PCB mounting are screws, stand-offs, washers and nuts among others which include nylon locknuts, metal stand-offs and hexagonal washers among others.
Application Insights:
The industrial segment led the global thermal circuit breakers market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for electric power generation, transmission & distribution, oil & gas, mining and chemical sectors are expected to drive the product demand over the next few years.
The residential sector is estimated to witness significant growth owing to increasing consumer spending on home appliances that consume electricity generated through Thermal Power Generation (TPG). TPG has become one of the major sources of electricity generation across various countries worldwide due largely to government initiatives promoting its use as an alternative source of energy in households.
Regional Analysis:
Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from emerging economies, such as China and India. Rising infrastructural development activities in these countries are also likely to contribute toward industry expansion. Furthermore, rising number of power outages due to storms or natural calamities will boost product demand further.
Europe was the second-largest market for global thermal circuit breakers with a revenue share of more than 20% in 2017 owing to high penetration rate of electricians’ tools across various industries including commercial, industrial, residential applications etc., especially across Eastern European countries such as Russia and Poland that witness heavy power outages during peak consumption hours (weekends & holidays).
Growth Factors:
- Increasing demand for energy efficient electrical equipment
- Rapid industrialization and urbanization in developing countries
- Growing investments in power infrastructure worldwide
- Proliferation of smart grids and the Internet of Things (IoT)
- Stringent government regulations mandating the use of energy-efficient electrical equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Circuit Breakers Market Research Report
By Type
Integral Type, PCB Mounting, Snap-in Mounting, Panel Mounting, Plug-in Type
By Application
Residential, Commercial, Industrial
By Companies
ABB, Eaton, TE Connectivity, Siemens, Rockwell Automation, Schneider Electric, E-T-A, Carlingtech, Littelfuse, Raytech International Ltd., Altech, Phoenix Contact, IDEC, Qualtek, Cliff Electronics, Cooper Bussmann, Weidmuller
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Circuit Breakers Market Report Segments:
The global Thermal Circuit Breakers market is segmented on the basis of:
Types
Integral Type, PCB Mounting, Snap-in Mounting, Panel Mounting, Plug-in 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
Residential, Commercial, Industrial
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:
- ABB
- Eaton
- TE Connectivity
- Siemens
- Rockwell Automation
- Schneider Electric
- E-T-A
- Carlingtech
- Littelfuse
- Raytech International Ltd.
- Altech
- Phoenix Contact
- IDEC
- Qualtek
- Cliff Electronics
- Cooper Bussmann
- Weidmuller
Highlights of The Thermal 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:
- Integral Type
- PCB Mounting
- Snap-in Mounting
- Panel Mounting
- Plug-in Type
- By Application:
- Residential
- Commercial
- Industrial
- 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 Thermal 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?
Thermal Circuit Breakers are devices that interrupt power to a circuit when the temperature reaches a certain level. This is typically used in industrial settings where it is important to keep equipment from overheating.
Some of the major companies in the thermal circuit breakers market are ABB, Eaton, TE Connectivity, Siemens, Rockwell Automation, Schneider Electric, E-T-A, Carlingtech, Littelfuse, Raytech International Ltd., Altech, Phoenix Contact, IDEC, Qualtek, Cliff Electronics, Cooper Bussmann, Weidmuller.
The thermal 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 Thermal 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 Thermal Circuit Breakers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermal 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 Thermal 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 Thermal Circuit Breakers Market Size & Forecast, 2018-2028
4.5.1 Thermal Circuit Breakers Market Size and Y-o-Y Growth
4.5.2 Thermal Circuit Breakers Market Absolute $ Opportunity
Chapter 5 Global Thermal 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 Thermal Circuit Breakers Market Size Forecast by Type
5.2.1 Integral Type
5.2.2 PCB Mounting
5.2.3 Snap-in Mounting
5.2.4 Panel Mounting
5.2.5 Plug-in Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermal 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 Thermal Circuit Breakers Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermal 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 Thermal 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 Thermal Circuit Breakers Analysis and Forecast
9.1 Introduction
9.2 North America Thermal 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 Thermal Circuit Breakers Market Size Forecast by Type
9.6.1 Integral Type
9.6.2 PCB Mounting
9.6.3 Snap-in Mounting
9.6.4 Panel Mounting
9.6.5 Plug-in 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 Thermal Circuit Breakers Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
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 Thermal Circuit Breakers Analysis and Forecast
10.1 Introduction
10.2 Europe Thermal 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 Thermal Circuit Breakers Market Size Forecast by Type
10.6.1 Integral Type
10.6.2 PCB Mounting
10.6.3 Snap-in Mounting
10.6.4 Panel Mounting
10.6.5 Plug-in 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 Thermal Circuit Breakers Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
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 Thermal Circuit Breakers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermal 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 Thermal Circuit Breakers Market Size Forecast by Type
11.6.1 Integral Type
11.6.2 PCB Mounting
11.6.3 Snap-in Mounting
11.6.4 Panel Mounting
11.6.5 Plug-in 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 Thermal Circuit Breakers Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
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 Thermal Circuit Breakers Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermal 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 Thermal Circuit Breakers Market Size Forecast by Type
12.6.1 Integral Type
12.6.2 PCB Mounting
12.6.3 Snap-in Mounting
12.6.4 Panel Mounting
12.6.5 Plug-in 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 Thermal Circuit Breakers Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
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) Thermal Circuit Breakers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermal 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) Thermal Circuit Breakers Market Size Forecast by Type
13.6.1 Integral Type
13.6.2 PCB Mounting
13.6.3 Snap-in Mounting
13.6.4 Panel Mounting
13.6.5 Plug-in 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) Thermal Circuit Breakers Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
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 Thermal Circuit Breakers Market: Competitive Dashboard
14.2 Global Thermal Circuit Breakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Eaton
14.3.3 TE Connectivity
14.3.4 Siemens
14.3.5 Rockwell Automation
14.3.6 Schneider Electric
14.3.7 E-T-A
14.3.8 Carlingtech
14.3.9 Littelfuse
14.3.10 Raytech International Ltd.
14.3.11 Altech
14.3.12 Phoenix Contact
14.3.13 IDEC
14.3.14 Qualtek
14.3.15 Cliff Electronics
14.3.16 Cooper Bussmann
14.3.17 Weidmuller
