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 report comprises of key players profiles namely consignment, price, revenue, profit interview records and sources of distribution. It helps clients get a better analysis of their competitors. In addition, it encompasses the regions and countries across the world and depicts the regional outlook, market size, volume, value and price data.
The Circuit Breaker market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
In global market, the following companies are covered:
ABB (Switzerland)
Schneider Electric (France)
Eaton (Ireland)
Siemens (Germany)
Larsen & Toubro (India)
Hitachi (Japan)
CG Power (India)
Efacec (Portugal)
Mitsubishi (Japan)
Toshiba (Japan)
Market Segment by Product Type:
Medium Voltage: Live Tank and Dead Tank
High Voltage: Live Tank and Dead Tank
Market Segment by Application
Transmission and Distribution
Renewable
Power Generation
Railways
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Circuit Breaker market for the forecast period 2020 - 2025?
• What are the driving forces in the Circuit Breaker market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Circuit Breaker industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?