The medium voltage circuit breaker market size has grown strongly in recent years. It will grow from $7.36 billion in 2025 to $8.07 billion in 2026 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to growth in power distribution networks, early adoption of air and vacuum breakers, expansion of industrial electrification, increasing grid modernization initiatives, rising use of mv breakers in utilities.
The medium voltage circuit breaker market size is expected to see rapid growth in the next few years. It will grow to $11.99 billion in 2030 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to increasing demand for reliable power protection, expansion of renewable energy installations, development of advanced fault-detection systems, rising deployment of smart substations, growing need for high-performance switching equipment. Major trends in the forecast period include adoption of energy-efficient circuit protection solutions, advancement of intelligent manufacturing for mv breakers, integration of IoT-enabled grid protection systems, expansion of digital monitoring for electrical safety, development of electrification-ready switching technologies.
The anticipated increase in demand for renewable energy is poised to drive the growth of the medium voltage circuit breaker market. Renewable energy, derived from continuously replenished natural sources, experiences continuous growth, with medium voltage circuit breakers playing a vital role in ensuring the secure and reliable operation of power grids. These circuit breakers are essential for protecting electrical equipment from overloads and short circuits, especially as renewable energy sources such as solar and wind often exhibit intermittent characteristics. In June 2023, the International Energy Agency (IEA) reported that global renewable capacity additions in 2022 reached 332.7 gigawatts (GW), and this figure is expected to surge to over 440 GW in 2023 and further to 462.5 GW in 2024, representing substantial growth. Hence, the rising demand for renewable energy is expected to be a key driver for the medium voltage circuit breaker market.
Major companies in the medium voltage switchgear market are prioritizing the creation of digitally connected solutions aimed at boosting grid reliability, operational safety, and overall asset performance. Digitally connected solutions are systems that employ Internet of Things (IoT) sensors and data analytics to support real-time monitoring, remote management, and maintenance planning for streamlined operations. For example, in February 2024, Schneider Electric, a France-based provider of energy management and automation solutions, rolled out its digitally enabled SureSeT Medium Voltage Switchgear in Canada to improve grid reliability, safety, and operational efficiency. The new offering leverages digital technology to enhance monitoring and control, decreases downtime by predicting issues before they occur, and advances sustainability initiatives by optimizing energy use and reducing maintenance demands.
In January 2023, AcBel Polytech Inc., a company based in Taiwan, completed the acquisition of ABB for $505 million. This strategic move allows AcBel Polytech to broaden its portfolio by integrating ABB's expertise in medium-voltage circuit breakers. ABB Ltd, located in Switzerland, specializes in the manufacturing of medium-voltage circuit breakers.
Major companies operating in the medium voltage circuit breaker market are Siemens Aktiengesellschaft, General Electric Company, Schneider Electric Société Anonyme, Mitsubishi Electric Corporation, ABB Limited, Toshiba Corporation, Eaton Corporation plc, Larsen & Toubro Limited, Fuji Electric Co., Ltd., CHINT Group Corporation, Meidensha Corporation, Ormazabal Corporate Technology A.I.E., Powell Electrical Systems, Inc., Lucy Electric Ltd., LS Electric Co., Ltd., Actom (Pty) Ltd., NOJA Power LLC, Tavrida Electric AG, Hawker Siddeley Switchgear Limited, Alstom SA, Rockwell Automation Inc.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have influenced the medium voltage circuit breaker market by raising costs for imported metals, insulation materials, and switching components essential for breaker assembly. Utilities, commercial, and industrial sectors across Asia-Pacific, North America, and Europe face higher installation and procurement costs due to disrupted supply chains. However, tariffs are also promoting localized manufacturing, encouraging regional sourcing of materials, and fostering innovation in cost-effective MV breaker technologies that enhance long-term system reliability.
The medium-voltage circuit breakers market research report is one of a series of new reports that provides medium-voltage circuit breakers market statistics, including medium-voltage circuit breakers industry global market size, regional shares, competitors with a medium-voltage circuit breakers market share, detailed medium-voltage circuit breakers market segments, market trends, and opportunities, and any further data you may need to thrive in the medium-voltage circuit breakers industry. This medium-voltage circuit breakers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
A medium-voltage circuit breaker is an automatic electrical device designed to protect an electrical circuit from damage caused by excessive current resulting from overload or short circuit conditions. Its primary purpose is to safeguard electrical circuits from harm due to overload or short circuit events.
The primary types of medium-voltage circuit breakers include air circuit breakers (ACB), vacuum circuit breakers (VCB), gas circuit breakers (GCB), and other variations. An air circuit breaker (ACB) is an electrical device specifically designed to protect electric circuits ranging from 800 Amps to 10K Amps against overcurrent and short-circuit conditions. These breakers are configured for both indoor and outdoor installations and find applications in power distribution and transmission. They are employed by a variety of end-users, including residential, commercial, industrial, and utility firms.Asia-Pacific was the largest region in the medium voltage circuit breaker market in 2025. The regions covered in the medium voltage circuit breaker market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the medium voltage circuit breaker market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The medium voltage circuit breaker market consists of sales of sulfur hexafluoride circuit breakers (SF6), oil circuit breakers (OCB), and air blast circuit breakers (ABCB). Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The medium voltage circuit breaker market size is expected to see rapid growth in the next few years. It will grow to $11.99 billion in 2030 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to increasing demand for reliable power protection, expansion of renewable energy installations, development of advanced fault-detection systems, rising deployment of smart substations, growing need for high-performance switching equipment. Major trends in the forecast period include adoption of energy-efficient circuit protection solutions, advancement of intelligent manufacturing for mv breakers, integration of IoT-enabled grid protection systems, expansion of digital monitoring for electrical safety, development of electrification-ready switching technologies.
The anticipated increase in demand for renewable energy is poised to drive the growth of the medium voltage circuit breaker market. Renewable energy, derived from continuously replenished natural sources, experiences continuous growth, with medium voltage circuit breakers playing a vital role in ensuring the secure and reliable operation of power grids. These circuit breakers are essential for protecting electrical equipment from overloads and short circuits, especially as renewable energy sources such as solar and wind often exhibit intermittent characteristics. In June 2023, the International Energy Agency (IEA) reported that global renewable capacity additions in 2022 reached 332.7 gigawatts (GW), and this figure is expected to surge to over 440 GW in 2023 and further to 462.5 GW in 2024, representing substantial growth. Hence, the rising demand for renewable energy is expected to be a key driver for the medium voltage circuit breaker market.
Major companies in the medium voltage switchgear market are prioritizing the creation of digitally connected solutions aimed at boosting grid reliability, operational safety, and overall asset performance. Digitally connected solutions are systems that employ Internet of Things (IoT) sensors and data analytics to support real-time monitoring, remote management, and maintenance planning for streamlined operations. For example, in February 2024, Schneider Electric, a France-based provider of energy management and automation solutions, rolled out its digitally enabled SureSeT Medium Voltage Switchgear in Canada to improve grid reliability, safety, and operational efficiency. The new offering leverages digital technology to enhance monitoring and control, decreases downtime by predicting issues before they occur, and advances sustainability initiatives by optimizing energy use and reducing maintenance demands.
In January 2023, AcBel Polytech Inc., a company based in Taiwan, completed the acquisition of ABB for $505 million. This strategic move allows AcBel Polytech to broaden its portfolio by integrating ABB's expertise in medium-voltage circuit breakers. ABB Ltd, located in Switzerland, specializes in the manufacturing of medium-voltage circuit breakers.
Major companies operating in the medium voltage circuit breaker market are Siemens Aktiengesellschaft, General Electric Company, Schneider Electric Société Anonyme, Mitsubishi Electric Corporation, ABB Limited, Toshiba Corporation, Eaton Corporation plc, Larsen & Toubro Limited, Fuji Electric Co., Ltd., CHINT Group Corporation, Meidensha Corporation, Ormazabal Corporate Technology A.I.E., Powell Electrical Systems, Inc., Lucy Electric Ltd., LS Electric Co., Ltd., Actom (Pty) Ltd., NOJA Power LLC, Tavrida Electric AG, Hawker Siddeley Switchgear Limited, Alstom SA, Rockwell Automation Inc.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have influenced the medium voltage circuit breaker market by raising costs for imported metals, insulation materials, and switching components essential for breaker assembly. Utilities, commercial, and industrial sectors across Asia-Pacific, North America, and Europe face higher installation and procurement costs due to disrupted supply chains. However, tariffs are also promoting localized manufacturing, encouraging regional sourcing of materials, and fostering innovation in cost-effective MV breaker technologies that enhance long-term system reliability.
The medium-voltage circuit breakers market research report is one of a series of new reports that provides medium-voltage circuit breakers market statistics, including medium-voltage circuit breakers industry global market size, regional shares, competitors with a medium-voltage circuit breakers market share, detailed medium-voltage circuit breakers market segments, market trends, and opportunities, and any further data you may need to thrive in the medium-voltage circuit breakers industry. This medium-voltage circuit breakers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
A medium-voltage circuit breaker is an automatic electrical device designed to protect an electrical circuit from damage caused by excessive current resulting from overload or short circuit conditions. Its primary purpose is to safeguard electrical circuits from harm due to overload or short circuit events.
The primary types of medium-voltage circuit breakers include air circuit breakers (ACB), vacuum circuit breakers (VCB), gas circuit breakers (GCB), and other variations. An air circuit breaker (ACB) is an electrical device specifically designed to protect electric circuits ranging from 800 Amps to 10K Amps against overcurrent and short-circuit conditions. These breakers are configured for both indoor and outdoor installations and find applications in power distribution and transmission. They are employed by a variety of end-users, including residential, commercial, industrial, and utility firms.Asia-Pacific was the largest region in the medium voltage circuit breaker market in 2025. The regions covered in the medium voltage circuit breaker market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the medium voltage circuit breaker market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The medium voltage circuit breaker market consists of sales of sulfur hexafluoride circuit breakers (SF6), oil circuit breakers (OCB), and air blast circuit breakers (ABCB). Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Medium Voltage Circuit Breaker Market Characteristics
3. Medium Voltage Circuit Breaker Market Supply Chain Analysis
4. Global Medium Voltage Circuit Breaker Market Trends and Strategies
5. Medium Voltage Circuit Breaker Market Analysis of End Use Industries
7. Global Medium Voltage Circuit Breaker Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Medium Voltage Circuit Breaker Total Addressable Market (TAM) Analysis for the Market
9. Medium Voltage Circuit Breaker Market Segmentation
10. Medium Voltage Circuit Breaker Market Regional and Country Analysis
11. Asia-Pacific Medium Voltage Circuit Breaker Market
12. China Medium Voltage Circuit Breaker Market
13. India Medium Voltage Circuit Breaker Market
14. Japan Medium Voltage Circuit Breaker Market
15. Australia Medium Voltage Circuit Breaker Market
16. Indonesia Medium Voltage Circuit Breaker Market
17. South Korea Medium Voltage Circuit Breaker Market
18. Taiwan Medium Voltage Circuit Breaker Market
19. South East Asia Medium Voltage Circuit Breaker Market
20. Western Europe Medium Voltage Circuit Breaker Market
21. UK Medium Voltage Circuit Breaker Market
22. Germany Medium Voltage Circuit Breaker Market
23. France Medium Voltage Circuit Breaker Market
24. Italy Medium Voltage Circuit Breaker Market
25. Spain Medium Voltage Circuit Breaker Market
26. Eastern Europe Medium Voltage Circuit Breaker Market
27. Russia Medium Voltage Circuit Breaker Market
28. North America Medium Voltage Circuit Breaker Market
29. USA Medium Voltage Circuit Breaker Market
30. Canada Medium Voltage Circuit Breaker Market
31. South America Medium Voltage Circuit Breaker Market
32. Brazil Medium Voltage Circuit Breaker Market
33. Middle East Medium Voltage Circuit Breaker Market
34. Africa Medium Voltage Circuit Breaker Market
36. Medium Voltage Circuit Breaker Market Competitive Landscape and Company Profiles
37. Medium Voltage Circuit Breaker Market Other Major and Innovative Companies
40. Medium Voltage Circuit Breaker Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Medium Voltage Circuit Breaker Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses medium voltage circuit breaker market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for medium voltage circuit breaker? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The medium voltage circuit breaker market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Product: Air Circuit Breaker (ACB); Vacuum Circuit Breaker (VCB); Gas Circuit Breaker (GCB); Other Products2) By Installation: Indoor; Outdoor
3) By Application: Power Distribution; Power Transmission
4) By End-User: Residential; Commercial; Industrial; Utility
Subsegments:
1) By Air Circuit Breaker (ACB): Standard ACBs; Drawout ACBs; Compact ACBs2) By Vacuum Circuit Breaker (VCB): Indoor VCBs; Outdoor VCBs
3) By Gas Circuit Breaker (GCB): Sulfur Hexafluoride (SF6) GCBs; Hybrid GCBs
4) By Other Products: Miniature Circuit Breakers (MCBs); Residual Current Circuit Breakers (RCCBs); Composite Circuit Breakers
Companies Mentioned: Siemens Aktiengesellschaft; General Electric Company; Schneider Electric Société Anonyme; Mitsubishi Electric Corporation; ABB Limited; Toshiba Corporation; Eaton Corporation plc; Larsen & Toubro Limited; Fuji Electric Co., Ltd.; CHINT Group Corporation; Meidensha Corporation; Ormazabal Corporate Technology A.I.E.; Powell Electrical Systems, Inc.; Lucy Electric Ltd.; LS Electric Co., Ltd.; Actom (Pty) Ltd.; NOJA Power LLC; Tavrida Electric AG; Hawker Siddeley Switchgear Limited; Alstom SA, Rockwell Automation Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Medium Voltage Circuit Breaker market report include:- Siemens Aktiengesellschaft
- General Electric Company
- Schneider Electric Société Anonyme
- Mitsubishi Electric Corporation
- ABB Limited
- Toshiba Corporation
- Eaton Corporation plc
- Larsen & Toubro Limited
- Fuji Electric Co., Ltd.
- CHINT Group Corporation
- Meidensha Corporation
- Ormazabal Corporate Technology A.I.E.
- Powell Electrical Systems, Inc.
- Lucy Electric Ltd.
- LS Electric Co., Ltd.
- Actom (Pty) Ltd.
- NOJA Power LLC
- Tavrida Electric AG
- Hawker Siddeley Switchgear Limited
- Alstom SA, Rockwell Automation Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 8.07 Billion |
| Forecasted Market Value ( USD | $ 11.99 Billion |
| Compound Annual Growth Rate | 10.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 21 |
