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Global Low Voltage Circuit Breaker Market by Type, by Application, by End User, by Region, Industry Analysis and Forecast, 2020 - 2026

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    Report

  • 213 Pages
  • August 2020
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5146728
Description Jump to:
The Global Low Voltage Circuit Breaker Market size is expected to reach $4.5 billion by 2026, rising at a market growth of 5.8% CAGR during the forecast period. The expansion in the market of low voltage circuit breakers is significantly attributed to the fact that the demand in electricity is tenaciously increasing in the developing nations. Besides, the expansion in infrastructural ventures for safe electrical dispersion is anticipated to guide the low voltage circuit breakers market in the coming years.

A circuit breaker is an electrical switch that works spontaneously and its essential function is to separate portions of the electrical distribution system. The low voltage circuit breakers ensure the no damage happens due to electrical short circuit or overload. Low voltage circuit breakers are not straightforwardly intended to open the circuit like breaker or fuse, its opening relies on the degree and time of overload current. A low voltage circuit breaker is appropriate for 600 volts or under 600 volts rated circuits. The low voltage circuit breakers can be reset either physically or consequently to continue its normal function.

The developing economies in Asian and African regions are very much prone to constant power lags and a network collapses, hence the area presents huge potential for the deployment of effective electric products. Moreover, growing measures to cut down fire hazards, faults in electrical supply, and significant operational neglect will eventually influence the dynamics of the industry.

The globally spread coronavirus has a massive effect on the different industries and nations across the world. Due to the lockdown in every single economy examined in the report and others, there is a decline in the growth rate of the businesses, for example, construction and building, transportation, oil and gas, energy, and others. Furthermore, there is a decline in electricity demand from the COVID-19 influenced areas since the last three months, which is required to hamper the development of the low voltage circuit breaker market in the next couple of years. In Europe, economies, for example, Germany, France, Spain, Italy, and others are following severe measures to break the spread of coronavirus in their respective areas.

Based on Type, the market is segmented into Miniature Circuit Breaker, Molded Case Circuit Breaker and Air Circuit Breaker. Based on Application, the market is segmented into Shut-off Circuit, Energy Allocation and Others. Based on End User, the market is segmented into Commercial, Residential and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Mitsubishi Electric Corporation, Siemens AG, Panasonic Corporation, Schneider Electric SE, Eaton Corporation PLC, The Danfoss Group, Hager Group, Carling Technologies, Inc., and CHINT Group.

Strategies deployed in the Low Voltage Circuit Breakers Market

Feb-2020: Eaton signed an agreement with Abunayyan Holding. Following the agreement, the companies established a joint venture to produce and service low- and medium-voltage switchgear in the Middle East. The joint venture will do business as Eaton Arabia and will have locations in Dammam, Saudi Arabia, and Dubai, United Arab Emirates.

Mar-2019: Siemens completed the acquisition of Russelectric, a leading U.S. manufacturer of power control systems including paralleling switchgear and automatic transfer switches. The acquisition brings together the companies’ complementary electrical power portfolios and service organizations.

Feb-2019: Schneider Electric launched Masterpact MTZ, the next generation high-power low voltage circuit-breakers assembled in the Indian market. Masterpact MTZ is a first-of-its-kind air circuit- breaker in the market that provides the customer with enhanced performance, reliability and safety.

Dec-2018: Eaton unveiled a range of cutting-edge power distribution products. The products launched are: Eaton’s RVAC SF6 Ring Main Unit (RMU), Eaton’s RVAC SF6 Ring Main Unit (RMU), and Eaton’s PSL series Air Circuit Breakers (ACB). Its Air Circuit Breakers are highly reliable PSL series that delivers performance without compromise as it comes with a very high arc handling capacity. The PSL is operates with a special grease to work for low temperature (up to -40 C). PSL ACBs offers excellent mechanical and insulation capability, enhanced product and electrical lifecycle and highly reduced bounce.

Mar-2018: ABB India opened the first smart factories in Bangalore for the production of electrical protection and connection solutions. The Bangalore facility manufactures ABB’s range of air and molded case circuit breakers, electronic and thermal relays, contactors, pilot devices and ABB’s latest range of ‘plug and play’ low-voltage circuit breaker, Emax 2.

Sep-2017: ABB acquired GE Industrial Solutions, which ABB has integrated into its Electrification Products (EP) division. The acquisition helped the company in capturing the market share in the global switchgear market.

Jun-2017: Siemens opened the 225,000 square-foot low voltage circuit breaker and manufacturing plant, which includes R&D, engineering and skilled manufacturing. The facility manufacturers critical technology that supports the safe and efficient movement of power across the residential, commercial, industrials and utility markets, including low voltage switchgear, switchboards, power panels, molded case circuit breakers (MCCBs) and air circuit breakers.

Feb-2017: Schneider Electric introduced two new range of energy-efficient contractors; TeSysD and NSXm. These contractors have been launched for switching and control applications and new compact circuit breakers to ensure protection against low voltage fluctuations.

Scope of the Study

Market Segmentation:

By Type
  • Miniature Circuit Breaker
  • Molded Case Circuit Breaker
  • Air Circuit Breaker

By Application
  • Shut-off Circuit
  • Energy Allocation
  • Others

By End User
  • Commercial
  • Residential
  • Others

By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled
  • ABB Group
  • Mitsubishi Electric Corporation
  • Siemens AG
  • Panasonic Corporation
  • Schneider Electric SE
  • Eaton Corporation PLC
  • The Danfoss Group
  • Hager Group
  • Carling Technologies, Inc.
  • CHINT Group

Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Low Voltage Circuit Breaker Market, by Type
1.4.2 Global Low Voltage Circuit Breaker Market, by Application
1.4.3 Global Low Voltage Circuit Breaker Market, by End User
1.4.4 Global Low Voltage Circuit Breaker Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Low Voltage Circuit Breaker Market by Type
3.1 Global Low Voltage Circuit Breaker Miniature Circuit Breaker Market by Region
3.2 Global Low Voltage Circuit Breaker Molded Case Circuit Breaker Market by Region
3.3 Global Low Voltage Circuit Breaker Air Circuit Breaker Market by Region
Chapter 4. Global Low Voltage Circuit Breaker Market by Application
4.1 Global Shut-off Circuit Low Voltage Circuit Breaker Market by Region
4.2 Global Energy Allocation Low Voltage Circuit Breaker Market by Region
4.3 Global Other Application Low Voltage Circuit Breaker Market by Region
Chapter 5. Global Low Voltage Circuit Breaker Market by End User
5.1 Global Commercial Low Voltage Circuit Breaker Market by Region
5.2 Global Residential Low Voltage Circuit Breaker Market by Region
5.3 Global Others Low Voltage Circuit Breaker Market by Region
Chapter 6. Global Low Voltage Circuit Breaker Market by Region
6.1 North America Low Voltage Circuit Breaker Market
6.1.1 North America Low Voltage Circuit Breaker Market by Type
6.1.1.1 North America Low Voltage Circuit Breaker Miniature Circuit Breaker Market by Country
6.1.1.2 North America Low Voltage Circuit Breaker Molded Case Circuit Breaker Market by Country
6.1.1.3 North America Low Voltage Circuit Breaker Air Circuit Breaker Market by Country
6.1.2 North America Low Voltage Circuit Breaker Market by Application
6.1.2.1 North America Shut-off Circuit Low Voltage Circuit Breaker Market by Country
6.1.2.2 North America Energy Allocation Low Voltage Circuit Breaker Market by Country
6.1.2.3 North America Other Application Low Voltage Circuit Breaker Market by Country
6.1.3 North America Low Voltage Circuit Breaker Market by End User
6.1.3.1 North America Commercial Low Voltage Circuit Breaker Market by Country
6.1.3.2 North America Residential Low Voltage Circuit Breaker Market by Country
6.1.3.3 North America Others Low Voltage Circuit Breaker Market by Country
6.1.4 North America Low Voltage Circuit Breaker Market by Country
6.1.4.1 US Low Voltage Circuit Breaker Market
6.1.4.1.1 US Low Voltage Circuit Breaker Market by Type
6.1.4.1.2 US Low Voltage Circuit Breaker Market by Application
6.1.4.1.3 US Low Voltage Circuit Breaker Market by End User
6.1.4.2 Canada Low Voltage Circuit Breaker Market
6.1.4.2.1 Canada Low Voltage Circuit Breaker Market by Type
6.1.4.2.2 Canada Low Voltage Circuit Breaker Market by Application
6.1.4.2.3 Canada Low Voltage Circuit Breaker Market by End User
6.1.4.3 Mexico Low Voltage Circuit Breaker Market
6.1.4.3.1 Mexico Low Voltage Circuit Breaker Market by Type
6.1.4.3.2 Mexico Low Voltage Circuit Breaker Market by Application
6.1.4.3.3 Mexico Low Voltage Circuit Breaker Market by End User
6.1.4.4 Rest of North America Low Voltage Circuit Breaker Market
6.1.4.4.1 Rest of North America Low Voltage Circuit Breaker Market by Type
6.1.4.4.2 Rest of North America Low Voltage Circuit Breaker Market by Application
6.1.4.4.3 Rest of North America Low Voltage Circuit Breaker Market by End User
6.2 Europe Low Voltage Circuit Breaker Market
6.2.1 Europe Low Voltage Circuit Breaker Market by Type
6.2.1.1 Europe Low Voltage Circuit Breaker Miniature Circuit Breaker Market by Country
6.2.1.2 Europe Low Voltage Circuit Breaker Molded Case Circuit Breaker Market by Country
6.2.1.3 Europe Low Voltage Circuit Breaker Air Circuit Breaker Market by Country
6.2.2 Europe Low Voltage Circuit Breaker Market by Application
6.2.2.1 Europe Shut-off Circuit Low Voltage Circuit Breaker Market by Country
6.2.2.2 Europe Energy Allocation Low Voltage Circuit Breaker Market by Country
6.2.2.3 Europe Other Application Low Voltage Circuit Breaker Market by Country
6.2.3 Europe Low Voltage Circuit Breaker Market by End User
6.2.3.1 Europe Commercial Low Voltage Circuit Breaker Market by Country
6.2.3.2 Europe Residential Low Voltage Circuit Breaker Market by Country
6.2.3.3 Europe Others Low Voltage Circuit Breaker Market by Country
6.2.4 Europe Low Voltage Circuit Breaker Market by Country
6.2.4.1 Germany Low Voltage Circuit Breaker Market
6.2.4.1.1 Germany Low Voltage Circuit Breaker Market by Type
6.2.4.1.2 Germany Low Voltage Circuit Breaker Market by Application
6.2.4.1.3 Germany Low Voltage Circuit Breaker Market by End User
6.2.4.1.4 UK Low Voltage Circuit Breaker Market
6.2.4.1.5 UK Low Voltage Circuit Breaker Market by Type
6.2.4.1.6 UK Low Voltage Circuit Breaker Market by Application
6.2.4.1.7 UK Low Voltage Circuit Breaker Market by End User
6.2.4.2 France Low Voltage Circuit Breaker Market
6.2.4.2.1 France Low Voltage Circuit Breaker Market by Type
6.2.4.2.2 France Low Voltage Circuit Breaker Market by Application
6.2.4.2.3 France Low Voltage Circuit Breaker Market by End User
6.2.4.3 Russia Low Voltage Circuit Breaker Market
6.2.4.3.1 Russia Low Voltage Circuit Breaker Market by Type
6.2.4.3.2 Russia Low Voltage Circuit Breaker Market by Application
6.2.4.3.3 Russia Low Voltage Circuit Breaker Market by End User
6.2.4.4 Spain Low Voltage Circuit Breaker Market
6.2.4.4.1 Spain Low Voltage Circuit Breaker Market by Type
6.2.4.4.2 Spain Low Voltage Circuit Breaker Market by Application
6.2.4.4.3 Spain Low Voltage Circuit Breaker Market by End User
6.2.4.5 Italy Low Voltage Circuit Breaker Market
6.2.4.5.1 Italy Low Voltage Circuit Breaker Market by Type
6.2.4.5.2 Italy Low Voltage Circuit Breaker Market by Application
6.2.4.5.3 Italy Low Voltage Circuit Breaker Market by End User
6.2.4.6 Rest of Europe Low Voltage Circuit Breaker Market
6.2.4.6.1 Rest of Europe Low Voltage Circuit Breaker Market by Type
6.2.4.6.2 Rest of Europe Low Voltage Circuit Breaker Market by Application
6.2.4.6.3 Rest of Europe Low Voltage Circuit Breaker Market by End User
6.3 Asia Pacific Low Voltage Circuit Breaker Market
6.3.1 Asia Pacific Low Voltage Circuit Breaker Market by Type
6.3.1.1 Asia Pacific Low Voltage Circuit Breaker Miniature Circuit Breaker Market by Country
6.3.1.2 Asia Pacific Low Voltage Circuit Breaker Molded Case Circuit Breaker Market by Country
6.3.1.3 Asia Pacific Low Voltage Circuit Breaker Air Circuit Breaker Market by Country
6.3.2 Asia Pacific Low Voltage Circuit Breaker Market by Application
6.3.2.1 Asia Pacific Shut-off Circuit Low Voltage Circuit Breaker Market by Country
6.3.2.2 Asia Pacific Energy Allocation Low Voltage Circuit Breaker Market by Country
6.3.2.3 Asia Pacific Other Application Low Voltage Circuit Breaker Market by Country
6.3.3 Asia Pacific Low Voltage Circuit Breaker Market by End User
6.3.3.1 Asia Pacific Commercial Low Voltage Circuit Breaker Market by Country
6.3.3.2 Asia Pacific Residential Low Voltage Circuit Breaker Market by Country
6.3.3.3 Asia Pacific Others Low Voltage Circuit Breaker Market by Country
6.3.4 Asia Pacific Low Voltage Circuit Breaker Market by Country
6.3.4.1 China Low Voltage Circuit Breaker Market
6.3.4.1.1 China Low Voltage Circuit Breaker Market by Type
6.3.4.1.2 China Low Voltage Circuit Breaker Market by Application
6.3.4.1.3 China Low Voltage Circuit Breaker Market by End User
6.3.4.2 Japan Low Voltage Circuit Breaker Market
6.3.4.2.1 Japan Low Voltage Circuit Breaker Market by Type
6.3.4.2.2 Japan Low Voltage Circuit Breaker Market by Application
6.3.4.2.3 Japan Low Voltage Circuit Breaker Market by End User
6.3.4.3 India Low Voltage Circuit Breaker Market
6.3.4.3.1 India Low Voltage Circuit Breaker Market by Type
6.3.4.3.2 India Low Voltage Circuit Breaker Market by Application
6.3.4.3.3 India Low Voltage Circuit Breaker Market by End User
6.3.4.4 South Korea Low Voltage Circuit Breaker Market
6.3.4.4.1 South Korea Low Voltage Circuit Breaker Market by Type
6.3.4.4.2 South Korea Low Voltage Circuit Breaker Market by Application
6.3.4.4.3 South Korea Low Voltage Circuit Breaker Market by End User
6.3.4.5 Singapore Low Voltage Circuit Breaker Market
6.3.4.5.1 Singapore Low Voltage Circuit Breaker Market by Type
6.3.4.5.2 Singapore Low Voltage Circuit Breaker Market by Application
6.3.4.5.3 Singapore Low Voltage Circuit Breaker Market by End User
6.3.4.6 Malaysia Low Voltage Circuit Breaker Market
6.3.4.6.1 Malaysia Low Voltage Circuit Breaker Market by Type
6.3.4.6.2 Malaysia Low Voltage Circuit Breaker Market by Application
6.3.4.6.3 Malaysia Low Voltage Circuit Breaker Market by End User
6.3.4.7 Rest of Asia Pacific Low Voltage Circuit Breaker Market
6.3.4.7.1 Rest of Asia Pacific Low Voltage Circuit Breaker Market by Type
6.3.4.7.2 Rest of Asia Pacific Low Voltage Circuit Breaker Market by Application
6.3.4.7.3 Rest of Asia Pacific Low Voltage Circuit Breaker Market by End User
6.4 LAMEA Low Voltage Circuit Breaker Market
6.4.1 LAMEA Low Voltage Circuit Breaker Market by Type
6.4.1.1 LAMEA Low Voltage Circuit Breaker Miniature Circuit Breaker Market by Country
6.4.1.2 LAMEA Low Voltage Circuit Breaker Molded Case Circuit Breaker Market by Country
6.4.1.3 LAMEA Low Voltage Circuit Breaker Air Circuit Breaker Market by Country
6.4.2 LAMEA Low Voltage Circuit Breaker Market by Application
6.4.2.1 LAMEA Shut-off Circuit Low Voltage Circuit Breaker Market by Country
6.4.2.2 LAMEA Energy Allocation Low Voltage Circuit Breaker Market by Country
6.4.2.3 LAMEA Other Application Low Voltage Circuit Breaker Market by Country
6.4.3 LAMEA Low Voltage Circuit Breaker Market by End User
6.4.3.1 LAMEA Commercial Low Voltage Circuit Breaker Market by Country
6.4.3.2 LAMEA Residential Low Voltage Circuit Breaker Market by Country
6.4.3.3 LAMEA Others Low Voltage Circuit Breaker Market by Country
6.4.4 LAMEA Low Voltage Circuit Breaker Market by Country
6.4.4.1 Brazil Low Voltage Circuit Breaker Market
6.4.4.1.1 Brazil Low Voltage Circuit Breaker Market by Type
6.4.4.1.2 Brazil Low Voltage Circuit Breaker Market by Application
6.4.4.1.3 Brazil Low Voltage Circuit Breaker Market by End User
6.4.4.2 Argentina Low Voltage Circuit Breaker Market
6.4.4.2.1 Argentina Low Voltage Circuit Breaker Market by Type
6.4.4.2.2 Argentina Low Voltage Circuit Breaker Market by Application
6.4.4.2.3 Argentina Low Voltage Circuit Breaker Market by End User
6.4.4.3 UAE Low Voltage Circuit Breaker Market
6.4.4.3.1 UAE Low Voltage Circuit Breaker Market by Type
6.4.4.3.2 UAE Low Voltage Circuit Breaker Market by Application
6.4.4.3.3 UAE Low Voltage Circuit Breaker Market by End User
6.4.4.4 Saudi Arabia Low Voltage Circuit Breaker Market
6.4.4.4.1 Saudi Arabia Low Voltage Circuit Breaker Market by Type
6.4.4.4.2 Saudi Arabia Low Voltage Circuit Breaker Market by Application
6.4.4.4.3 Saudi Arabia Low Voltage Circuit Breaker Market by End User
6.4.4.5 South Africa Low Voltage Circuit Breaker Market
6.4.4.5.1 South Africa Low Voltage Circuit Breaker Market by Type
6.4.4.5.2 South Africa Low Voltage Circuit Breaker Market by Application
6.4.4.5.3 South Africa Low Voltage Circuit Breaker Market by End User
6.4.4.6 Nigeria Low Voltage Circuit Breaker Market
6.4.4.6.1 Nigeria Low Voltage Circuit Breaker Market by Type
6.4.4.6.2 Nigeria Low Voltage Circuit Breaker Market by Application
6.4.4.6.3 Nigeria Low Voltage Circuit Breaker Market by End User
6.4.4.7 Rest of LAMEA Low Voltage Circuit Breaker Market
6.4.4.7.1 Rest of LAMEA Low Voltage Circuit Breaker Market by Type
6.4.4.7.2 Rest of LAMEA Low Voltage Circuit Breaker Market by Application
6.4.4.7.3 Rest of LAMEA Low Voltage Circuit Breaker Market by End User
Chapter 7. Company Profiles
7.1 ABB Group
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.5.2 Geographical Expansions:
7.1.6 SWOT Analysis
7.2 Mitsubishi Electric Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 Siemens AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.3.5.2 Geographical Expansions:
7.3.6 SWOT Analysis
7.4 Panasonic Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 Schneider Electric SE
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental And Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Eaton Corporation PLC
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Regional analysis
7.6.5 Research & Development Expense
7.6.6 Recent strategies and developments:
7.6.6.1 Partnerships, Collaborations, and Agreements:
7.6.6.2 Product Launches and Product Expansions:
7.6.7 Swot Analysis
7.7 The Danfoss Group
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental And Regional Analysis
7.7.4 Research & Development Expense
7.8 Hager Group
7.8.1 Company Overview
7.9 Carling Technologies, Inc.
7.9.1 Company Overview
7.10 CHINT Group
7.10.1 Company Overview

Companies Mentioned

  • ABB Group
  • Mitsubishi Electric Corporation
  • Siemens AG
  • Panasonic Corporation
  • Schneider Electric SE
  • Eaton Corporation PLC
  • The Danfoss Group
  • Hager Group
  • Carling Technologies, Inc.
  • CHINT Group

Methodology

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