The global low voltage circuit breaker market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for energy efficient products and rising awareness about safety standards in electrical installations. The demand for low voltage circuit breakers is also increasing due to their ability to provide protection against overcurrents and short circuits, which are common causes of fires in residential buildings.
The global low voltage circuit breaker market can be segmented on the basis of type into miniature circuit breaker (MCB), moulded case circuit breaker (MCCB), air circuit breaker (ACB). On the basis of application, it can be segmented into energy allocation and shutoff circuits automatically. Geographically, it can be divided into North America, Latin America, Europe, Asia Pacific and Middle East & Africa regions.
- The demand for low voltage circuit breakers is expected to increase in the near future due to the increasing number of power outages and power surges.
- The need for low voltage circuit breakers is expected to increase as more homes are being built with electrical wiring that requires them.
- Low voltage circuit breakers are required in order to protect against electrical fires and other hazards that can be caused by faulty wiring or overloaded circuits, which will lead to an increased demand for these products in the future.
- Low voltage circuit breakers are also used as a safety measure when working on live wires, which will also lead to an increased demand for these products in the future as more people work on their own homes and businesses instead of hiring professionals who have experience with this type of work.
- Low voltage circuit breaker manufacturers have been able to keep up with production demands so far, but if there is a sudden spike in demand it may be difficult for them to keep up.
Industry Growth Insights published a new data on “Low Voltage Circuit Breaker Market”. The research report is titled “Low Voltage Circuit Breaker Market research by Types (Miniature Circuit Breaker (MCB), Moulded Case Circuit Breaker (MCCB), Air Circuit Breaker (ACB)), By Applications (Energy Allocation, Shutoff circuit automaticly), By Players/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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Voltage Circuit Breaker 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
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Low Voltage Circuit Breaker Market Report Segments:
The global Low Voltage Circuit Breaker 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
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 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:
- Miniature Circuit Breaker (MCB)
- Moulded Case Circuit Breaker (MCCB)
- Air Circuit Breaker (ACB)
- By Application:
- Energy Allocation
- Shutoff circuit automaticly
- 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 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 low voltage circuit breaker is a safety device used to protect electrical systems from overloads or short circuits. When the system reaches a certain voltage, the breaker will open and interrupt power to the system.
Some of the major companies in the low voltage circuit breaker 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 breaker market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low Voltage Circuit Breaker Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Low Voltage Circuit Breaker Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Low Voltage Circuit Breaker Market - Supply Chain
4.5. Global Low Voltage Circuit Breaker Market Forecast
4.5.1. Low Voltage Circuit Breaker Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low Voltage Circuit Breaker Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low Voltage Circuit Breaker Market Absolute $ Opportunity
5. Global Low Voltage Circuit Breaker Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Low Voltage Circuit Breaker Market Size and Volume Forecast by Type
5.3.1. Miniature Circuit Breaker (MCB)
5.3.2. Moulded Case Circuit Breaker (MCCB)
5.3.3. Air Circuit Breaker (ACB)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low Voltage Circuit Breaker Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Low Voltage Circuit Breaker Market Size and Volume Forecast by Application
6.3.1. Energy Allocation
6.3.2. Shutoff circuit automaticly
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low Voltage Circuit Breaker Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Low Voltage Circuit Breaker Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Low Voltage Circuit Breaker Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Low Voltage Circuit Breaker Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Low Voltage Circuit Breaker Demand Share Forecast, 2019-2026
9. North America Low Voltage Circuit Breaker Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Low Voltage Circuit Breaker Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Low Voltage Circuit Breaker Market Size and Volume Forecast by Application
9.4.1. Energy Allocation
9.4.2. Shutoff circuit automaticly
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low Voltage Circuit Breaker Market Size and Volume Forecast by Type
9.7.1. Miniature Circuit Breaker (MCB)
9.7.2. Moulded Case Circuit Breaker (MCCB)
9.7.3. Air Circuit Breaker (ACB)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Low Voltage Circuit Breaker Demand Share Forecast, 2019-2026
10. Latin America Low Voltage Circuit Breaker Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Low Voltage Circuit Breaker Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Low Voltage Circuit Breaker Market Size and Volume Forecast by Application
10.4.1. Energy Allocation
10.4.2. Shutoff circuit automaticly
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low Voltage Circuit Breaker Market Size and Volume Forecast by Type
10.7.1. Miniature Circuit Breaker (MCB)
10.7.2. Moulded Case Circuit Breaker (MCCB)
10.7.3. Air Circuit Breaker (ACB)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Low Voltage Circuit Breaker Demand Share Forecast, 2019-2026
11. Europe Low Voltage Circuit Breaker Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Low Voltage Circuit Breaker Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Low Voltage Circuit Breaker Market Size and Volume Forecast by Application
11.4.1. Energy Allocation
11.4.2. Shutoff circuit automaticly
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low Voltage Circuit Breaker Market Size and Volume Forecast by Type
11.7.1. Miniature Circuit Breaker (MCB)
11.7.2. Moulded Case Circuit Breaker (MCCB)
11.7.3. Air Circuit Breaker (ACB)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Low Voltage Circuit Breaker Demand Share, 2019-2026
12. Asia Pacific Low Voltage Circuit Breaker Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Low Voltage Circuit Breaker Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Low Voltage Circuit Breaker Market Size and Volume Forecast by Application
12.4.1. Energy Allocation
12.4.2. Shutoff circuit automaticly
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low Voltage Circuit Breaker Market Size and Volume Forecast by Type
12.7.1. Miniature Circuit Breaker (MCB)
12.7.2. Moulded Case Circuit Breaker (MCCB)
12.7.3. Air Circuit Breaker (ACB)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Low Voltage Circuit Breaker Demand Share, 2019-2026
13. Middle East & Africa Low Voltage Circuit Breaker Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Low Voltage Circuit Breaker Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Low Voltage Circuit Breaker Market Size and Volume Forecast by Application
13.4.1. Energy Allocation
13.4.2. Shutoff circuit automaticly
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Low Voltage Circuit Breaker Market Size and Volume Forecast by Type
13.7.1. Miniature Circuit Breaker (MCB)
13.7.2. Moulded Case Circuit Breaker (MCCB)
13.7.3. Air Circuit Breaker (ACB)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Low Voltage Circuit Breaker Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low Voltage Circuit Breaker Market: Market Share Analysis
14.2. Low Voltage Circuit Breaker Distributors and Customers
14.3. Low Voltage Circuit Breaker Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schneider Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eaton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsubishi Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. General Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hager
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fuji Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hyundai
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CHINT Electrics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shanghai Renmin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Changshu Switchgear
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Liangxin
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. DELIXI
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. S. Men Rin
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hangzhou Zhijiang
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Kailong
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
