Market Overview:
The global miniature-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 miniaturized circuit breakers in residential, commercial, and industrial applications. Miniature-circuit breakers are used as a safety device in electrical systems and protect equipment and personnel from damage or injury caused by short circuits or overloads. Based on type, the global miniature-circuit breaker market is segmented into B type MCBs, C type MCBs, D type MCBs, and others. The B type MCB segment is expected to hold the largest share of the global miniature-circuit breaker market during the forecast period owing to its low cost and easy installation. Based on application, the global miniature-circuit breaker market is segmented into residential, commercial, industrial, and others segments.
Product Definition:
A miniature-circuit breaker (MCB) is a type of electrical switchgear used to protect electrical circuits from overload and short-circuiting. MCBs are classified as either thermal or magnetic trip types. Thermal trip MCBs open the circuit when they sense an overcurrent, while magnetic trip MCBs open the circuit when they sense a short-circuit.
B Type MCBs:
B type MCBs are miniature circuit breakers, which are used to protect sensitive electronic equipment from short circuits and overvoltage. They have a compact size and can be easily mounted on the surface of electrical equipment. B type MCBs can withstand high electric current before their failure, this property makes them suitable for industrial applications where large currents need to be carried without any risk of damage to the device.
C Type MCBs:
C type MCBs are compact and have a low profile, which makes them suitable for small-sized applications. They are available in different configurations and can be customized as per the application requirements. C type MCBs are widely used in power supplies of electronic devices such as LEDs, LCDs, DC motors drivers among others owing to their high surge current capacity and temperature endurance characteristics.
Application Insights:
The commercial segment held the largest share of over 70.0% in 2017. The growing IT industry, especially in countries like India and China is expected to be a major factor driving the demand for mini-circuit breakers over the forecast period. Miniature circuit breakers are used to protect computer networks, data centers, telecom lines from damage due to lightning and other power line abnormalities. These devices also help avoid network downtime caused by power outages or voltage fluctuations that may lead to data loss or corruption at customer sites.
The residential sector is expected register a CAGR of XX%, in terms of revenue from 2018 to 2030 owing to increasing number of power failures across various regions coupled with rising awareness about protection against electrical hazards during storms.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand for miniaturization and rising construction activities in emerging economies, such as China, India, and Japan. Moreover, growing industrialization coupled with a high population density will drive product demand across several industries including transportation & logistics; oil & gas; power generation; healthcare & life sciences; and others.
The Asia Pacific region is anticipated to witness significant growth on account of rapid urbanization along with an increase in per capita income levels among all income groups. This will lead to higher spending on residential infrastructure development as well as commercial infrastructure projects such as hotels/restaurants/shopping malls etc., thereby driving product demand across various applications over the forecast period.
Growth Factors:
- Increasing demand for miniature circuit breakers from the electrical and electronics industry
- Rising investments in infrastructure development
- Growing popularity of smart homes and buildings
- Proliferation of renewable energy sources
- Technological advancements in miniaturization of circuit breakers
Scope Of The Report
Report Attributes
Report Details
Report Title
Miniature-Circuit Breaker Market Research Report
By Type
B Type MCBs, C Type MCBs, D Type MCBs
By Application
Residential, Commercial, Industrial
By Companies
ABL SURSUM, Carling Technologies, Cirprotec, CGSL, COOPER Bussmann, Doepke Schaltgeräte GmbH, Eaton, E-T-A, Entek Electric., ETI, Federal Elektrik, Fuji Electric, GREEGOO ELECTRIC CO LTD, IMO Precision Controls Limited, Iskra, LS Industrial Systems, NIKDIM, OEZ S.R.O., PEOPLE ELE. APPLIANCE GROUP., Schneider Electric, Shihlin Electric & Engineering Corporation, SIEMENS Low-Voltage & Products, SIGMA ELEKTRIK SAN. VE TIC.LTD.STI, TianShui 213 Electrical Apparatus CO.LTD, WAGO, WEG, Yueqing Hean Electrical., Zhejiang Benyi Electrical.
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Miniature-Circuit Breaker Market Report Segments:
The global Miniature-Circuit Breaker market is segmented on the basis of:
Types
B Type MCBs, C Type MCBs, D Type MCBs
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:
- ABL SURSUM
- Carling Technologies
- Cirprotec
- CGSL
- COOPER Bussmann
- Doepke Schaltgeräte GmbH
- Eaton
- E-T-A
- Entek Electric.
- ETI
- Federal Elektrik
- Fuji Electric
- GREEGOO ELECTRIC CO LTD
- IMO Precision Controls Limited
- Iskra
- LS Industrial Systems
- NIKDIM
- OEZ S.R.O.
- PEOPLE ELE. APPLIANCE GROUP.
- Schneider Electric
- Shihlin Electric & Engineering Corporation
- SIEMENS Low-Voltage & Products
- SIGMA ELEKTRIK SAN. VE TIC.LTD.STI
- TianShui 213 Electrical Apparatus CO.LTD
- WAGO
- WEG
- Yueqing Hean Electrical.
- Zhejiang Benyi Electrical.
Highlights of The Miniature-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:
- B Type MCBs
- C Type MCBs
- D Type MCBs
- 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 Miniature-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.
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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 miniature-circuit breaker is a type of electrical switch that is smaller than a standard circuit breaker. Miniature-circuit breakers are used in small spaces, such as computer and telephone systems, and are often less expensive than standard circuit breakers.
Some of the major players in the miniature-circuit breaker market are ABL SURSUM, Carling Technologies, Cirprotec, CGSL, COOPER Bussmann, Doepke SchaltgerƒÂ¤te GmbH, Eaton, E-T-A, Entek Electric., ETI, Federal Elektrik, Fuji Electric, GREEGOO ELECTRIC CO LTD, IMO Precision Controls Limited, Iskra, LS Industrial Systems, NIKDIM, OEZ S.R.O., PEOPLE ELE. APPLIANCE GROUP., Schneider Electric, Shihlin Electric & Engineering Corporation, SIEMENS Low-Voltage & Products, SIGMA ELEKTRIK SAN. VE TIC.LTD.STI, TianShui 213 Electrical Apparatus CO.LTD, WAGO, WEG, Yueqing Hean Electrical., Zhejiang Benyi Electrical..
The miniature-circuit breaker market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Miniature-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. Miniature-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. Miniature-Circuit Breaker Market - Supply Chain
4.5. Global Miniature-Circuit Breaker Market Forecast
4.5.1. Miniature-Circuit Breaker Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Miniature-Circuit Breaker Market Size (000 Units) and Y-o-Y Growth
4.5.3. Miniature-Circuit Breaker Market Absolute $ Opportunity
5. Global Miniature-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. Miniature-Circuit Breaker Market Size and Volume Forecast by Type
5.3.1. B Type MCBs
5.3.2. C Type MCBs
5.3.3. D Type MCBs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Miniature-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. Miniature-Circuit Breaker Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Miniature-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. Miniature-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 Miniature-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. Miniature-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 Miniature-Circuit Breaker Demand Share Forecast, 2019-2026
9. North America Miniature-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 Miniature-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 Miniature-Circuit Breaker Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Miniature-Circuit Breaker Market Size and Volume Forecast by Type
9.7.1. B Type MCBs
9.7.2. C Type MCBs
9.7.3. D Type MCBs
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 Miniature-Circuit Breaker Demand Share Forecast, 2019-2026
10. Latin America Miniature-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 Miniature-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 Miniature-Circuit Breaker Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Miniature-Circuit Breaker Market Size and Volume Forecast by Type
10.7.1. B Type MCBs
10.7.2. C Type MCBs
10.7.3. D Type MCBs
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 Miniature-Circuit Breaker Demand Share Forecast, 2019-2026
11. Europe Miniature-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 Miniature-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 Miniature-Circuit Breaker Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Miniature-Circuit Breaker Market Size and Volume Forecast by Type
11.7.1. B Type MCBs
11.7.2. C Type MCBs
11.7.3. D Type MCBs
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 Miniature-Circuit Breaker Demand Share, 2019-2026
12. Asia Pacific Miniature-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 Miniature-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 Miniature-Circuit Breaker Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Miniature-Circuit Breaker Market Size and Volume Forecast by Type
12.7.1. B Type MCBs
12.7.2. C Type MCBs
12.7.3. D Type MCBs
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 Miniature-Circuit Breaker Demand Share, 2019-2026
13. Middle East & Africa Miniature-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 Miniature-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 Miniature-Circuit Breaker Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Miniature-Circuit Breaker Market Size and Volume Forecast by Type
13.7.1. B Type MCBs
13.7.2. C Type MCBs
13.7.3. D Type MCBs
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 Miniature-Circuit Breaker Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Miniature-Circuit Breaker Market: Market Share Analysis
14.2. Miniature-Circuit Breaker Distributors and Customers
14.3. Miniature-Circuit Breaker Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABL SURSUM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Carling Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cirprotec
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CGSL
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COOPER Bussmann
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Doepke Schaltgeräte GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eaton
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. E-T-A
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Entek Electric.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ETI
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Federal Elektrik
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fuji Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. GREEGOO ELECTRIC CO LTD
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. IMO Precision Controls Limited
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Iskra
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. LS Industrial Systems
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. NIKDIM
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. OEZ S.R.O.
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. PEOPLE ELE. APPLIANCE GROUP.
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Schneider Electric
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
