+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Circuit Breakers Market By Voltage, By Insulation Type, By Installation, By End User: Global Opportunity Analysis and Industry Forecast, 2020-2030

  • PDF Icon

    Report

  • 300 Pages
  • March 2022
  • Region: Global
  • Allied Market Research
  • ID: 5031468
The global circuit breaker market was valued at $9.4 billion in 2020, and is projected to reach $17.8 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030.

A circuit breaker is a programmed automatic electric switch, which is utilized to protect an electrical circuit from damage by excess current from an overload or short circuit. The basic function of circuit breaker is to stop the flow of current after a fault is detected. In contrast to a fuse that works only once, a circuit breaker can simply be replaced for continuing typical activity. The function of circuit breaker is to shut down the electric supply in case of excess current, overload, or short circuit. Circuit breakers play a significant role in electric power distribution and transmission in communication circuits, automobiles, telecommunication, computers, industrial machinery & equipment, consumer electronics, and other applications.

Factors such as growth in renewable power generation, rise in residential projects, increase in access to electricity in developing countries, rise construction & developmental activities, surge in industrialization, expansion of smart grid networks, and upsurge in demand for power across the globe, drive the growth of the circuit breakers market. However, increase in competition from the unorganized sector of the circuit breaker and stringent environmental & safety regulations for SF6 circuit breakers limit the growth of the market. Conversely, increase in HVDC transmission, presence of outdated power infrastructure, and increase in trend of smart cities are expected to provide lucrative opportunities for the growth of the global market.

The circuit breaker market is segmented on the basis of voltage, insulation type, installation, application, and region. Depending on voltage, the market is bifurcated into low, medium, and high. On the basis of insulation type, it is categorized into vacuum, air, gas, and oil. On the basis of installation, it is classified into indoor and outdoor. By end users, the market is segmented into residential, commercial, industrial, and utilities. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits For Stakeholders

  • The report includes in-depth analysis of different segments and provides market estimations between 2021 and 2030.
  • A comprehensive analysis of the factors that drive and restrict the growth of the global circuit breaker market is provided.
  • Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
  • Estimations and forecast are based on factors impacting the global circuit breaker market growth, in terms of value.
  • Key market players are profiled to gain an understanding of the strategies adopted by them.
  • This report provides a detailed analysis of the current trends and future estimations from 2021 to 2030, which helps identify the prevailing market opportunities.

Key Market Segments


By End User

  • Residential
  • Commercial
  • Industrial
  • Utilities

By Voltage

  • Low
  • Medium
  • High

By Insulation Type

  • Vacuum
  • Air
  • Gas
  • Oil

By Installation

  • Indoor
  • Outdoor

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • Spain
  • U.K.
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest Of Asia Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Alstom SA
  • Eaton Corporation
  • Furukawa Electric
  • Mitsubishi Electric Corporation
  • Powell Industries Inc.
  • Schneider Electric
  • Siemens AG
  • Toshiba Corp.
  • ABB, Ltd.
  • Kirloskar Electric Company Ltd

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Key Regulation Analysis
3.8. Patent Landscape
3.9. Market Share Analysis
3.10. Value Chain Analysis
CHAPTER 4: CIRCUIT BREAKERS MARKET, BY VOLTAGE
4.1 Overview
4.1.1 Market size and forecast
4.2 Low
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Medium
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 High
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: CIRCUIT BREAKERS MARKET, BY INSULATION TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Vacuum
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Air
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Gas
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Oil
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
CHAPTER 6: CIRCUIT BREAKERS MARKET, BY INSTALLATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Indoor
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Outdoor
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: CIRCUIT BREAKERS MARKET, BY END USER
7.1 Overview
7.1.1 Market size and forecast
7.2 Residential
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Commercial
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Industrial
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
7.5 Utilities
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market analysis by country
CHAPTER 8: CIRCUIT BREAKERS MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Voltage
8.2.3 North America Market size and forecast, by Insulation Type
8.2.4 North America Market size and forecast, by Installation
8.2.5 North America Market size and forecast, by End User
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Voltage
8.2.6.1.2 Market size and forecast, by Insulation Type
8.2.6.1.3 Market size and forecast, by Installation
8.2.6.1.4 Market size and forecast, by End User
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Voltage
8.2.6.2.2 Market size and forecast, by Insulation Type
8.2.6.2.3 Market size and forecast, by Installation
8.2.6.2.4 Market size and forecast, by End User
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Voltage
8.2.6.3.2 Market size and forecast, by Insulation Type
8.2.6.3.3 Market size and forecast, by Installation
8.2.6.3.4 Market size and forecast, by End User
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Voltage
8.3.3 Europe Market size and forecast, by Insulation Type
8.3.4 Europe Market size and forecast, by Installation
8.3.5 Europe Market size and forecast, by End User
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Market size and forecast, by Voltage
8.3.6.1.2 Market size and forecast, by Insulation Type
8.3.6.1.3 Market size and forecast, by Installation
8.3.6.1.4 Market size and forecast, by End User
8.3.6.2 France
8.3.6.2.1 Market size and forecast, by Voltage
8.3.6.2.2 Market size and forecast, by Insulation Type
8.3.6.2.3 Market size and forecast, by Installation
8.3.6.2.4 Market size and forecast, by End User
8.3.6.3 Italy
8.3.6.3.1 Market size and forecast, by Voltage
8.3.6.3.2 Market size and forecast, by Insulation Type
8.3.6.3.3 Market size and forecast, by Installation
8.3.6.3.4 Market size and forecast, by End User
8.3.6.4 Spain
8.3.6.4.1 Market size and forecast, by Voltage
8.3.6.4.2 Market size and forecast, by Insulation Type
8.3.6.4.3 Market size and forecast, by Installation
8.3.6.4.4 Market size and forecast, by End User
8.3.6.5 U.K.
8.3.6.5.1 Market size and forecast, by Voltage
8.3.6.5.2 Market size and forecast, by Insulation Type
8.3.6.5.3 Market size and forecast, by Installation
8.3.6.5.4 Market size and forecast, by End User
8.3.6.6 Rest of Europe
8.3.6.6.1 Market size and forecast, by Voltage
8.3.6.6.2 Market size and forecast, by Insulation Type
8.3.6.6.3 Market size and forecast, by Installation
8.3.6.6.4 Market size and forecast, by End User
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Voltage
8.4.3 Asia-Pacific Market size and forecast, by Insulation Type
8.4.4 Asia-Pacific Market size and forecast, by Installation
8.4.5 Asia-Pacific Market size and forecast, by End User
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Voltage
8.4.6.1.2 Market size and forecast, by Insulation Type
8.4.6.1.3 Market size and forecast, by Installation
8.4.6.1.4 Market size and forecast, by End User
8.4.6.2 Japan
8.4.6.2.1 Market size and forecast, by Voltage
8.4.6.2.2 Market size and forecast, by Insulation Type
8.4.6.2.3 Market size and forecast, by Installation
8.4.6.2.4 Market size and forecast, by End User
8.4.6.3 India
8.4.6.3.1 Market size and forecast, by Voltage
8.4.6.3.2 Market size and forecast, by Insulation Type
8.4.6.3.3 Market size and forecast, by Installation
8.4.6.3.4 Market size and forecast, by End User
8.4.6.4 South Korea
8.4.6.4.1 Market size and forecast, by Voltage
8.4.6.4.2 Market size and forecast, by Insulation Type
8.4.6.4.3 Market size and forecast, by Installation
8.4.6.4.4 Market size and forecast, by End User
8.4.6.5 Australia
8.4.6.5.1 Market size and forecast, by Voltage
8.4.6.5.2 Market size and forecast, by Insulation Type
8.4.6.5.3 Market size and forecast, by Installation
8.4.6.5.4 Market size and forecast, by End User
8.4.6.6 Rest Of Asia Pacific
8.4.6.6.1 Market size and forecast, by Voltage
8.4.6.6.2 Market size and forecast, by Insulation Type
8.4.6.6.3 Market size and forecast, by Installation
8.4.6.6.4 Market size and forecast, by End User
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Voltage
8.5.3 LAMEA Market size and forecast, by Insulation Type
8.5.4 LAMEA Market size and forecast, by Installation
8.5.5 LAMEA Market size and forecast, by End User
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Market size and forecast, by Voltage
8.5.6.1.2 Market size and forecast, by Insulation Type
8.5.6.1.3 Market size and forecast, by Installation
8.5.6.1.4 Market size and forecast, by End User
8.5.6.2 Saudi Arabia
8.5.6.2.1 Market size and forecast, by Voltage
8.5.6.2.2 Market size and forecast, by Insulation Type
8.5.6.2.3 Market size and forecast, by Installation
8.5.6.2.4 Market size and forecast, by End User
8.5.6.3 South Africa
8.5.6.3.1 Market size and forecast, by Voltage
8.5.6.3.2 Market size and forecast, by Insulation Type
8.5.6.3.3 Market size and forecast, by Installation
8.5.6.3.4 Market size and forecast, by End User
8.5.6.4 Rest of LAMEA
8.5.6.4.1 Market size and forecast, by Voltage
8.5.6.4.2 Market size and forecast, by Insulation Type
8.5.6.4.3 Market size and forecast, by Installation
8.5.6.4.4 Market size and forecast, by End User
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 Alstom SA
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Eaton Corporation
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Furukawa Electric
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Mitsubishi Electric Corporation
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Powell Industries Inc.
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Schneider Electric
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Siemens AG
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Toshiba Corp.
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 ABB, Ltd.
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Kirloskar Electric Company Ltd
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Circuit Breakers Market, by Voltage, 2020-2030, ($Million)
Table 2. Circuit Breakers Market Revenue, for Low, by Region, 2020-2030, ($Million)
Table 3. Circuit Breakers Market Low by Country, 2020-2030, ($Million)
Table 4. Circuit Breakers Market Revenue, for Medium, by Region, 2020-2030, ($Million)
Table 5. Circuit Breakers Market Medium by Country, 2020-2030, ($Million)
Table 6. Circuit Breakers Market Revenue, for High, by Region, 2020-2030, ($Million)
Table 7. Circuit Breakers Market High by Country, 2020-2030, ($Million)
Table 8. Global Circuit Breakers Market, by Insulation Type, 2020-2030, ($Million)
Table 9. Circuit Breakers Market Revenue, for Vacuum, by Region, 2020-2030, ($Million)
Table 10. Circuit Breakers Market Vacuum by Country, 2020-2030, ($Million)
Table 11. Circuit Breakers Market Revenue, for Air, by Region, 2020-2030, ($Million)
Table 12. Circuit Breakers Market Air by Country, 2020-2030, ($Million)
Table 13. Circuit Breakers Market Revenue, for Gas, by Region, 2020-2030, ($Million)
Table 14. Circuit Breakers Market Gas by Country, 2020-2030, ($Million)
Table 15. Circuit Breakers Market Revenue, for Oil, by Region, 2020-2030, ($Million)
Table 16. Circuit Breakers Market Oil by Country, 2020-2030, ($Million)
Table 17. Global Circuit Breakers Market, by Installation, 2020-2030, ($Million)
Table 18. Circuit Breakers Market Revenue, for Indoor, by Region, 2020-2030, ($Million)
Table 19. Circuit Breakers Market Indoor by Country, 2020-2030, ($Million)
Table 20. Circuit Breakers Market Revenue, for Outdoor, by Region, 2020-2030, ($Million)
Table 21. Circuit Breakers Market Outdoor by Country, 2020-2030, ($Million)
Table 22. Global Circuit Breakers Market, by End-user, 2020-2030, ($Million)
Table 23. Circuit Breakers Market Revenue, for Residential, by Region, 2020-2030, ($Million)
Table 24. Circuit Breakers Market Residential by Country, 2020-2030, ($Million)
Table 25. Circuit Breakers Market Revenue, for Commercial, by Region, 2020-2030, ($Million)
Table 26. Circuit Breakers Market Commercial by Country, 2020-2030, ($Million)
Table 27. Circuit Breakers Market Revenue, for Industrial, by Region, 2020-2030, ($Million)
Table 28. Circuit Breakers Market Industrial by Country, 2020-2030, ($Million)
Table 29. Circuit Breakers Market Revenue, for Utilities, by Region, 2020-2030, ($Million)
Table 30. Circuit Breakers Market Utilities by Country, 2020-2030, ($Million)
Table 31. Circuit Breakers Market, by Region, 2020-2030, ($Million)
Table 32. North America Circuit Breakers Market, by Voltage, 2020-2030, ($Million)
Table 33. North America Circuit Breakers Market, by Insulation Type, 2020-2030, ($Million)
Table 34. North America Circuit Breakers Market, by Installation, 2020-2030, ($Million)
Table 35. North America Circuit Breakers Market, by End-user, 2020-2030, ($Million)
Table 36. North America Circuit Breakers Market, by Country, 2020-2030, ($Million)
Table 37. U.S. Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 38. U.S. Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 39. U.S. Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 40. U.S. Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 41. Canada Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 42. Canada Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 43. Canada Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 44. Canada Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 45. Mexico Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 46. Mexico Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 47. Mexico Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 48. Mexico Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 49. Europe Circuit Breakers Market, by Voltage, 2020-2030, ($Million)
Table 50. Europe Circuit Breakers Market, by Insulation Type, 2020-2030, ($Million)
Table 51. Europe Circuit Breakers Market, by Installation, 2020-2030, ($Million)
Table 52. Europe Circuit Breakers Market, by End-user, 2020-2030, ($Million)
Table 53. Europe Circuit Breakers Market, by Country, 2020-2030, ($Million)
Table 54. Germany Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 55. Germany Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 56. Germany Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 57. Germany Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 58. France Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 59. France Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 60. France Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 61. France Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 62. Italy Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 63. Italy Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 64. Italy Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 65. Italy Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 66. Spain Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 67. Spain Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 68. Spain Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 69. Spain Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 70. U.K. Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 71. U.K. Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 72. U.K. Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 73. U.K. Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 74. Rest of Europe Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 75. Rest of Europe Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 76. Rest of Europe Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 77. Rest of Europe Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 78. Asia-Pacific Circuit Breakers Market, by Voltage, 2020-2030, ($Million)
Table 79. Asia-Pacific Circuit Breakers Market, by Insulation Type, 2020-2030, ($Million)
Table 80. Asia-Pacific Circuit Breakers Market, by Installation, 2020-2030, ($Million)
Table 81. Asia-Pacific Circuit Breakers Market, by End-user, 2020-2030, ($Million)
Table 82. Asia-Pacific Circuit Breakers Market, by Country, 2020-2030, ($Million)
Table 83. China Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 84. China Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 85. China Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 86. China Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 87. Japan Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 88. Japan Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 89. Japan Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 90. Japan Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 91. India Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 92. India Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 93. India Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 94. India Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 95. South Korea Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 96. South Korea Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 97. South Korea Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 98. South Korea Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 99. Australia Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 100. Australia Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 101. Australia Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 102. Australia Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 103. Rest of Asia-Pacific Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 104. Rest of Asia-Pacific Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 105. Rest of Asia-Pacific Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 106. Rest of Asia-Pacific Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 107. LAMEA Circuit Breakers Market, by Voltage, 2020-2030, ($Million)
Table 108. LAMEA Circuit Breakers Market, by Insulation Type, 2020-2030, ($Million)
Table 109. LAMEA Circuit Breakers Market, by Installation, 2020-2030, ($Million)
Table 110. LAMEA Circuit Breakers Market, by End-user, 2020-2030, ($Million)
Table 111. LAMEA Circuit Breakers Market, by Country, 2020-2030, ($Million)
Table 112. Brazil Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 113. Brazil Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 114. Brazil Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 115. Brazil Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 116. Saudi Arabia Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 117. Saudi Arabia Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 118. Saudi Arabia Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 119. Saudi Arabia Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 120. South Africa Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 121. South Africa Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 122. South Africa Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 123. South Africa Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 124. Rest of LAMEA Circuit Breakers Market by Voltage 2020-2030, ($Million)
Table 125. Rest of LAMEA Circuit Breakers Market by Insulation Type 2020-2030, ($Million)
Table 126. Rest of LAMEA Circuit Breakers Market by Installation 2020-2030, ($Million)
Table 127. Rest of LAMEA Circuit Breakers Market by End-user 2020-2030, ($Million)
Table 128. Alstom Sa: Company Snapshot
Table 129. Alstom Sa: Operating Segments
Table 130. Alstom Sa: Product Portfolio
Table 131. Alstom Sa: Net Sales
Table 132. Alstom Sa: Key Stratergies
Table 133. Eaton Corporation: Company Snapshot
Table 134. Eaton Corporation: Operating Segments
Table 135. Eaton Corporation: Product Portfolio
Table 136. Eaton Corporation: Net Sales
Table 137. Eaton Corporation: Key Stratergies
Table 138. Furukawa Electric: Company Snapshot
Table 139. Furukawa Electric: Operating Segments
Table 140. Furukawa Electric: Product Portfolio
Table 141. Furukawa Electric: Net Sales
Table 142. Furukawa Electric: Key Stratergies
Table 143. Mitsubishi Electric Corporation: Company Snapshot
Table 144. Mitsubishi Electric Corporation: Operating Segments
Table 145. Mitsubishi Electric Corporation: Product Portfolio
Table 146. Mitsubishi Electric Corporation: Net Sales
Table 147. Mitsubishi Electric Corporation: Key Stratergies
Table 148. Powell Industries Inc.: Company Snapshot
Table 149. Powell Industries Inc.: Operating Segments
Table 150. Powell Industries Inc.: Product Portfolio
Table 151. Powell Industries Inc.: Net Sales
Table 152. Powell Industries Inc.: Key Stratergies
Table 153. Schneider Electric: Company Snapshot
Table 154. Schneider Electric: Operating Segments
Table 155. Schneider Electric: Product Portfolio
Table 156. Schneider Electric: Net Sales
Table 157. Schneider Electric: Key Stratergies
Table 158. Siemens Ag: Company Snapshot
Table 159. Siemens Ag: Operating Segments
Table 160. Siemens Ag: Product Portfolio
Table 161. Siemens Ag: Net Sales
Table 162. Siemens Ag: Key Stratergies
Table 163. Toshiba Corp.: Company Snapshot
Table 164. Toshiba Corp.: Operating Segments
Table 165. Toshiba Corp.: Product Portfolio
Table 166. Toshiba Corp.: Net Sales
Table 167. Toshiba Corp.: Key Stratergies
Table 168. Abb, Ltd.: Company Snapshot
Table 169. Abb, Ltd.: Operating Segments
Table 170. Abb, Ltd.: Product Portfolio
Table 171. Abb, Ltd.: Net Sales
Table 172. Abb, Ltd.: Key Stratergies
Table 173. Kirloskar Electric Company Ltd: Company Snapshot
Table 174. Kirloskar Electric Company Ltd: Operating Segments
Table 175. Kirloskar Electric Company Ltd: Product Portfolio
Table 176. Kirloskar Electric Company Ltd: Net Sales
Table 177. Kirloskar Electric Company Ltd: Key Stratergies
LIST OF FIGURES
Figure 1. Circuit Breakers Market Segmentation
Figure 2. Circuit Breakers Market, 2020-2030
Figure 3. Circuit Breakers Market, 2020-2030
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Circuit Breakers Market:Drivers, Restraints and Opportunities
Figure 13. Patent Analysis by Company
Figure 14. Patent Analysis by Country
Figure 15. Market Share Analysis
Figure 16. Value Chain Analysis
Figure 16. Circuit Breakers Market, by Voltage, 2020 (%)
Figure 17. Comparative Share Analysis of Low Circuit Breakers Market, 2020-2030 (%)
Figure 18. Comparative Share Analysis of Medium Circuit Breakers Market, 2020-2030 (%)
Figure 19. Comparative Share Analysis of High Circuit Breakers Market, 2020-2030 (%)
Figure 20. Circuit Breakers Market, by Insulation Type, 2020 (%)
Figure 21. Comparative Share Analysis of Vacuum Circuit Breakers Market, 2020-2030 (%)
Figure 22. Comparative Share Analysis of Air Circuit Breakers Market, 2020-2030 (%)
Figure 23. Comparative Share Analysis of Gas Circuit Breakers Market, 2020-2030 (%)
Figure 24. Comparative Share Analysis of Oil Circuit Breakers Market, 2020-2030 (%)
Figure 25. Circuit Breakers Market, by Installation, 2020 (%)
Figure 26. Comparative Share Analysis of Indoor Circuit Breakers Market, 2020-2030 (%)
Figure 27. Comparative Share Analysis of Outdoor Circuit Breakers Market, 2020-2030 (%)
Figure 28. Circuit Breakers Market, by End-user, 2020 (%)
Figure 29. Comparative Share Analysis of Residential Circuit Breakers Market, 2020-2030 (%)
Figure 30. Comparative Share Analysis of Commercial Circuit Breakers Market, 2020-2030 (%)
Figure 31. Comparative Share Analysis of Industrial Circuit Breakers Market, 2020-2030 (%)
Figure 32. Comparative Share Analysis of Utilities Circuit Breakers Market, 2020-2030 (%)
Figure 33. Circuit Breakers Market by Region, 2020
Figure 34. U.S. Circuit Breakers Market, 2020-2030 ($Million)
Figure 35. Canada Circuit Breakers Market, 2020-2030 ($Million)
Figure 36. Mexico Circuit Breakers Market, 2020-2030 ($Million)
Figure 37. Germany Circuit Breakers Market, 2020-2030 ($Million)
Figure 38. France Circuit Breakers Market, 2020-2030 ($Million)
Figure 39. Italy Circuit Breakers Market, 2020-2030 ($Million)
Figure 40. Spain Circuit Breakers Market, 2020-2030 ($Million)
Figure 41. U.K. Circuit Breakers Market, 2020-2030 ($Million)
Figure 42. Rest of Europe Circuit Breakers Market, 2020-2030 ($Million)
Figure 43. China Circuit Breakers Market, 2020-2030 ($Million)
Figure 44. Japan Circuit Breakers Market, 2020-2030 ($Million)
Figure 45. India Circuit Breakers Market, 2020-2030 ($Million)
Figure 46. South Korea Circuit Breakers Market, 2020-2030 ($Million)
Figure 47. Australia Circuit Breakers Market, 2020-2030 ($Million)
Figure 48. Rest of Asia-Pacific Circuit Breakers Market, 2020-2030 ($Million)
Figure 49. Brazil Circuit Breakers Market, 2020-2030 ($Million)
Figure 50. Saudi Arabia Circuit Breakers Market, 2020-2030 ($Million)
Figure 51. South Africa Circuit Breakers Market, 2020-2030 ($Million)
Figure 52. Rest of LAMEA Circuit Breakers Market, 2020-2030 ($Million)
Figure 53. Top Winning Strategies, by Year
Figure 54. Top Winning Strategies, by Development
Figure 55. Top Winning Strategies, by Company
Figure 56. Product Mapping of Top 10 Players
Figure 57. Competitive Dashboard
Figure 58. Competitive Heatmap of Top 10 Key Players
Figure 59. Alstom SA.: Net Sales, ($Million)
Figure 60. Eaton Corporation.: Net Sales, ($Million)
Figure 61. Furukawa Electric.: Net Sales, ($Million)
Figure 62. Mitsubishi Electric Corporation.: Net Sales, ($Million)
Figure 63. Powell Industries Inc. Net Sales, ($Million)
Figure 64. Schneider Electric.: Net Sales, ($Million)
Figure 65. Siemens AG.: Net Sales, ($Million)
Figure 66. Toshiba Corp. Net Sales, ($Million)
Figure 67. ABB, Ltd. Net Sales, ($Million)
Figure 68. Kirloskar Electric Company Ltd.: Net Sales, ($Million)

Executive Summary

According to this report titled, 'Circuit Breakers Market,' the circuit breakers market size was valued at $9.4 billion in 2020, and is estimated to reach $17.8 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030.
A circuit breaker is an electrical safety device which offers protection against high current surge and short circuit to the electrical system. Circuit breakers operate automatically as well as manually to control and protect the electrical power system. Circuit breakers help to protect electric appliances from short out and overburden of current. Moreover, circuit breakers are cost-effective and give reliable operation of the electric circuit. The requirement for circuit breakers has increased significantly with expanding concern for safety in media transmission hardware, car, electrical, and electronic sectors.

Significant development of the end-use industries, such as oil & gas, power, mining, chemicals, pulp & paper, and others fuels the demand for circuit breakers, which in turn is expected to fuel the growth of the circuit breakers market. In addition, involvement of domestic governments, non-profit organizations, and international financial institutions, such as the World Bank in the development of electricity access rate majorly influences the adoption of circuit breaker at the global level. In addition, increase in the consumption of electricity fuels the demand for circuit breakers, thereby propelling the growth of the market. Circuit breakers are used in energy-related areas to define the sensitivity of high residual current to provide optimum protection. On the contrary, greenhouse gas emission from the SF6 circuit breaker hampers the growth of the global market. Therefore, this market is leading toward growth stabilization and stable demand for circuit breakers.

Depending on the voltage, the high segment held the highest market share of about 47.2% in 2020, and is expected to maintain its dominance during the circuit breakers market forecast period. This is due to the fact that high-voltage circuit breaker find major application in commercial, industrial, and utilities sectors. In addition, rural electrification, rapid growth in electric utility sectors, and development of building & construction activities of power infrastructure across the developing economies, such as China, India, Japan, Brazil, Germany, Australia, and others are anticipated to fuel the circuit breakers market growth in the coming years.

On the basis of insulation type, the gas segment holds the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to rise in demand for gas circuit breakers from industrial, utilities, and commercial sectors across the globe. In addition, rise in focus towards distributed power infrastructure and the rapid growth of the renewable energy sector are anticipated to drive the growth of the market during the forecast period.
  • On the basis of installation, the outdoor segment holds the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to rise in demand for outdoor installations of circuit breakers from the industrial and utility applications for the protection of electrical equipment and circuits. In addition, increase in infrastructural developments, building & construction of power infrastructures, such as generation, transmission & distribution and rapid growth of the renewable energy industry are projected to rise the demand for outdoor installations of circuit breakers in these sectors, which is expected to drive the growth of the market during the forecast period.
  • On the basis of end user, the utilities segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 38.8% from 2021 to 2030, owing to rise in demand for electricity from developing and developed economies, which results in increase in demand for circuit breakers from utility applications. In addition, rise in energy demand along with cleaner generation of electricity is expected to fuel the growth of the renewable power generation segment, thereby driving the growth of the circuit breakers market in the coming years.
On the basis of region, the market is analyzed across four major regions, such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific garnered the dominant share in 2020, and is anticipated to maintain this dominance in the circuit breakers market trends during the forecast period. This is attributed to the presence of key players and huge consumer base in the region.

In addition, rapid expansion of the renewable energy sector, rise in investment toward up gradation of aged power infrastructure, and rapid industrialization in the region are further anticipated to fuel the growth of the circuit breakers market in the upcoming years.

The global circuit breakers market analysis covers in-depth information of the major circuit breakers industry participants. The key players operating and profiled in the report include ABB, Ltd., Alstom, Eaton Corporation Plc, Furukawa Group, Kirloskar Electric, Powell Industries, Mitsubishi Electric Corporation, Schneider Electric, Siemens AG, and Toshiba Corporation.

Other players operating in the value chain of the global circuit breakers market are Tavrida, LS Electric, Huayi Electric, Myers Power Products, and others.

COVID-19 Impact on Market

Lockdowns imposed due to the outbreak of the COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries and electrical utilities, which decreased the demand for circuit breakers from consumers. In addition, halt in building & construction of new electric utility infrastructures, renewable power plants, grid network, residential & commercial buildings, and other power plants, owing to unavailability of workers and increase in demand-supply gap hampered the circuit breakers market growth during the pandemic period. This resulted in decline in market growth in the 2020. However, the circuit breakers market was expected to recover by the last quarter of 2021, as COVID-19 vaccination is available in various economies across the globe, which is expected to improve the global economy.

Key findings of the Study

  • In 2020, the high voltage segment accounted for about 47.2% of the share in the global circuit breakers market, and is expected to maintain its dominance during the forecast period.
  • In 2020, the outdoor segment accounted for 61.8% circuit breakers market share in the year 2020, and is anticipated to grow at a rate of 6.3% in terms of revenue, increasing its share in the global circuit breakers market.
  • Residential is the fastest-growing end-user segment in the global circuit breakers market and is expected to grow at a CAGR of 6.6% during 2021-2030.
  • Europe is expected to grow at the fastest rate, registering a CAGR of 6.6%, during the forecast period.
  • In 2020, Asia-Pacific dominated the global circuit breakers market with more than 33.7% of the share, in terms of revenue.

Companies Mentioned

  • Alstom SA
  • Eaton Corporation
  • Furukawa Electric
  • Mitsubishi Electric Corporation
  • Powell Industries Inc.
  • Schneider Electric
  • Siemens AG
  • Toshiba Corp.
  • ABB, Ltd.
  • Kirloskar Electric Company Ltd

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...

Table Information