Global Circuit Breaker Market to Boost from the Growing Power Grids and Power Projects

Posted on 2018-07-24 by Goldstein Research in Energy // 0 Comments

New York, USA, 2018-Jul-24 — /EPR Network/ — According to Goldstein Research, global circuit breaker market is expected to reach USD 8.9 billion by 2024, growing at a CAGR of 4.8% over the forecast period 2016-2024. The heightening construction activities and the continuously increasing demand for electricity are primarily driving the growth of the global circuit breaker market. Global circuit breaker market segmentation has been done on the basis of product type, voltage level, end-user and geography. The residential sector is the major user of the circuit breaker with a market share of around 40.0% and over the forecast period, it is expected to continue its dominance. Global circuit breaker market is largely dominated by the Asia-Pacific region with 28.0% revenue share in 2016 owing to the huge investments in the construction and energy sector to establish the urbanized region.

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Market Segmentation

On the basis of our in-depth analysis, Global Circuit Breaker Market can be segmented as follows:

By Product Type

Oil Circuit Breaker
Air Circuit Breaker
SF6 Circuit Breaker
Vacuum Circuit Breaker

By Voltage Level

High voltage
Medium voltage
Low voltage

By End User

Energy and Utility Sector
Industrial Sector
Residential (Including offices, hotels, hospitals etc.)

By Region

North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Circuit Breaker Industry Analysis” contains a detailed overview of the global circuit breaker market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, voltage level and end-user.

Further, for the in-depth analysis, Global Circuit Breaker Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such asABB, Siemens, General Electric (GE), Schneider Electric, Crompton Greaves Ltd., Mitsubishi Electric Corporation, G&W Electric Company, Maxwell Technologies, Powell Industries Inc. and S&C Electric Company, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global circuit breaker market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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