Market Overview:
The global vacuum circuit breaker 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 vacuum circuit breakers in residential and non-residential applications. Additionally, the growing demand for energy-efficient and environment-friendly products is also contributing to the growth of this market. The low voltage vacuum circuit breaker segment is expected to grow at a CAGR of 6% from 2018 to 2030, while the medium voltage vacuum circuit breaker segment is projected to grow at a CAGR of 4%. The high voltage vacuum circuit breaker segment is estimated account for around 60% share of the global market by 2030.
Product Definition:
A vacuum circuit breaker is a type of electrical switch that breaks an electric current by creating an interruption in the flow of electrons through a vacuum. The interruption is created by the movement of a metal plunger that separates two contacts and interrupts the current. Vacuum circuit breakers are often used to protect equipment from overloads and short circuits.
Low Voltage Vacuum Circuit Breaker:
Low voltage vacuum circuit breakers are used to protect the equipment from short circuits, over current and high temperature. It is mainly used in air separation devices, air compressor stations, gas turbine engine rooms and other related equipment. The product has a wide range of applications in various industries such as oil & gas, power generation & distribution sectors which will drive its demand over the forecast period.
Medium Voltage Vacuum Circuit Breaker:
The medium voltage vacuum circuit breaker is a device that protects the equipment from high-voltage surges and short circuits. It's mainly used in power supplies of electronic devices, such as computers, modems, printers and others.
Medium voltage vacuum circuit breakers are available in different configurations and sizes to suit specific applications. They can be mounted inside or outside the equipment; however they should be placed near terminals where the protection is required maximum.
Application Insights:
The medium voltage vacuum circuit breaker 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 growth can be attributed to increasing demand from commercial and industrial sectors, including data centers, IT offices, educational institutions, hospitals and telecom companies.
The residential sector is expected to witness significant growth owing to rapid urbanization in developing countries such as India China Indonesia Malaysia Philippines Singapore Thailand Vietnam etc., which has resulted in increased number of power failures across households resulting vacuum circuit breakers being installed at homes or apartments thus boosting product demand there. In addition, growing use of high-tech products with advanced safety features is also anticipated fuel the market growth further over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. In 2017, Asia Pacific accounted for a share of more than 30% in terms of revenue owing to high demand from industries including manufacturing, oil & gas and power generation.
The Middle East & Africa is also anticipated to witness significant growth over the next eight years due to rapid development in various sectors including residential, non-residential and industrial applications across countries such as Saudi Arabia and UAE. Moreover, rising investments by governments for infrastructural development are likely boost product demand across this region during the forecast period.
Growth Factors:
- Increasing demand for vacuum circuit breakers from the power sector as a result of the growing need for reliable and efficient power supply.
- Rising investments in renewable energy sources such as solar and wind, which are expected to drive the demand for vacuum circuit breakers in the coming years.
- Growing concerns over grid security and safety, which is likely to boost the adoption of vacuum circuit breakers across various industries worldwide.
- Proliferation of smart grids and microgrids, which is projected to create new opportunities for vacuum circuit breaker manufacturers in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Circuit Breaker Market Research Report
By Type
Low Voltage Vacuum Circuit Breaker, Medium Voltage Vacuum Circuit Breaker, High Voltage Vacuum Circuit Breaker
By Application
Residential, Non-residential
By Companies
ABB Ltd, GE Grid Solutions, Schneider Electric, Siemens AG, Mitsubishi Electric Corporation, Hitachi, Eaton Corporation, Toshiba Corp., Huayi Electric, People Electrical Appliance Group, China XD Group, Shanghai Delixi Group, Shandong Taikai High-Volt Swichgear, Xiamen Huadian Switchgear, Hangzhou Zhijiang
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Circuit Breaker Market Report Segments:
The global Vacuum Circuit Breaker market is segmented on the basis of:
Types
Low Voltage Vacuum Circuit Breaker, Medium Voltage Vacuum Circuit Breaker, High Voltage Vacuum Circuit Breaker
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, Non-residential
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 Ltd
- GE Grid Solutions
- Schneider Electric
- Siemens AG
- Mitsubishi Electric Corporation
- Hitachi
- Eaton Corporation
- Toshiba Corp.
- Huayi Electric
- People Electrical Appliance Group
- China XD Group
- Shanghai Delixi Group
- Shandong Taikai High-Volt Swichgear
- Xiamen Huadian Switchgear
- Hangzhou Zhijiang
Highlights of The Vacuum Circuit Breaker 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:
- Low Voltage Vacuum Circuit Breaker
- Medium Voltage Vacuum Circuit Breaker
- High Voltage Vacuum Circuit Breaker
- By Application:
- Residential
- Non-residential
- 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 Vacuum Circuit Breaker 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?
A vacuum circuit breaker is a safety device used to interrupt power to an electrical system in the event of a vacuum leak. When activated, the breaker interrupts current flow through the affected circuits and prevents serious injury or death.
Some of the major companies in the vacuum circuit breaker market are ABB Ltd, GE Grid Solutions, Schneider Electric, Siemens AG, Mitsubishi Electric Corporation, Hitachi, Eaton Corporation, Toshiba Corp., Huayi Electric, People Electrical Appliance Group, China XD Group, Shanghai Delixi Group, Shandong Taikai High-Volt Swichgear, Xiamen Huadian Switchgear, Hangzhou Zhijiang.
The vacuum circuit breaker 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 Vacuum Circuit Breaker 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 Vacuum Circuit Breaker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum Circuit Breaker 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 Vacuum Circuit Breaker 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 Vacuum Circuit Breaker Market Size & Forecast, 2018-2028
4.5.1 Vacuum Circuit Breaker Market Size and Y-o-Y Growth
4.5.2 Vacuum Circuit Breaker Market Absolute $ Opportunity
Chapter 5 Global Vacuum Circuit Breaker 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 Vacuum Circuit Breaker Market Size Forecast by Type
5.2.1 Low Voltage Vacuum Circuit Breaker
5.2.2 Medium Voltage Vacuum Circuit Breaker
5.2.3 High Voltage Vacuum Circuit Breaker
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vacuum Circuit Breaker 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 Vacuum Circuit Breaker Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Non-residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum Circuit Breaker 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 Vacuum Circuit Breaker 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 Vacuum Circuit Breaker Analysis and Forecast
9.1 Introduction
9.2 North America Vacuum Circuit Breaker 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 Vacuum Circuit Breaker Market Size Forecast by Type
9.6.1 Low Voltage Vacuum Circuit Breaker
9.6.2 Medium Voltage Vacuum Circuit Breaker
9.6.3 High Voltage Vacuum Circuit Breaker
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 Vacuum Circuit Breaker Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Non-residential
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 Vacuum Circuit Breaker Analysis and Forecast
10.1 Introduction
10.2 Europe Vacuum Circuit Breaker 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 Vacuum Circuit Breaker Market Size Forecast by Type
10.6.1 Low Voltage Vacuum Circuit Breaker
10.6.2 Medium Voltage Vacuum Circuit Breaker
10.6.3 High Voltage Vacuum Circuit Breaker
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 Vacuum Circuit Breaker Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Non-residential
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 Vacuum Circuit Breaker Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vacuum Circuit Breaker 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 Vacuum Circuit Breaker Market Size Forecast by Type
11.6.1 Low Voltage Vacuum Circuit Breaker
11.6.2 Medium Voltage Vacuum Circuit Breaker
11.6.3 High Voltage Vacuum Circuit Breaker
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 Vacuum Circuit Breaker Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Non-residential
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 Vacuum Circuit Breaker Analysis and Forecast
12.1 Introduction
12.2 Latin America Vacuum Circuit Breaker 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 Vacuum Circuit Breaker Market Size Forecast by Type
12.6.1 Low Voltage Vacuum Circuit Breaker
12.6.2 Medium Voltage Vacuum Circuit Breaker
12.6.3 High Voltage Vacuum Circuit Breaker
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 Vacuum Circuit Breaker Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Non-residential
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) Vacuum Circuit Breaker Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vacuum Circuit Breaker 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) Vacuum Circuit Breaker Market Size Forecast by Type
13.6.1 Low Voltage Vacuum Circuit Breaker
13.6.2 Medium Voltage Vacuum Circuit Breaker
13.6.3 High Voltage Vacuum Circuit Breaker
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) Vacuum Circuit Breaker Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Non-residential
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 Vacuum Circuit Breaker Market: Competitive Dashboard
14.2 Global Vacuum Circuit Breaker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB Ltd
14.3.2 GE Grid Solutions
14.3.3 Schneider Electric
14.3.4 Siemens AG
14.3.5 Mitsubishi Electric Corporation
14.3.6 Hitachi
14.3.7 Eaton Corporation
14.3.8 Toshiba Corp.
14.3.9 Huayi Electric
14.3.10 People Electrical Appliance Group
14.3.11 China XD Group
14.3.12 Shanghai Delixi Group
14.3.13 Shandong Taikai High-Volt Swichgear
14.3.14 Xiamen Huadian Switchgear
14.3.15 Hangzhou Zhijiang
