Circuit Breaker Market Expected to 9530 million US$ by the end of 2025

This report studies the Circuit Breaker market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

A circuit breaker is an automatically operated electrical switch designed to protect an electrical circuit from damage caused by excess current from an overload or short circuit. Circuit breakers may also be used in the event of pre-existing damage to electrical systems. Its basic function is to interrupt current flow after a fault is detected. Unlike a fuse, which operates once and then must be replaced, a circuit breaker can be reset (either manually or automatically) to resume normal operation.

The market in Asia Pacific led the global circuit breaker market in 2017. The circuit breaker market has been analyzed with respect to 5 regions namely Asia Pacific, Europe, North America, the Middle East & Africa, and South America. The market in Asia Pacific is currently the largest for circuit breakers followed by the North American market. Rising investments in construction and developmental activities and increasing electricity demand are driving the circuit breaker market in Asia Pacific.

The global Circuit Breaker market was 6630 million US$ in 2017 and is expected to 9530 million US$ by the end of 2025, growing at a CAGR of 4.7% between 2018 and 2025.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Circuit Breaker in these regions, from 2013 to 2025, covering

    North America (United States, Canada and Mexico)

    Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

    Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

    South America (Brazil etc.)

    Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

    ABB (Switzerland)

    Schneider Electric (France)

    Eaton (Ireland)

    Siemens (Germany)

    Larsen & Toubro (India)

    Hitachi (Japan)

    CG Power (India)

    Efacec (Portugal)

    Mitsubishi (Japan)

    Toshiba (Japan)

By the product type, the market is primarily split into

    Medium Voltage: Live Tank and Dead Tank

    High Voltage: Live Tank and Dead Tank

By the end users/application, this report covers the following segments

    Transmission and Distribution

    Renewable

    Power Generation

    Railways

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