Global Low Voltage DC Circuit Breakers Market to Reach $2.5 Billion by 2030
The global market for Low Voltage DC Circuit Breakers estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$2.5 Billion by 2030, growing at a CAGR of 8.5% over the analysis period 2022-2030. Molded Case Circuit Breaker, one of the segments analyzed in the report, is projected to record 8.2% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Air Circuit Breaker segment is readjusted to a revised 9% CAGR for the next 8-year period.The U.S. Market is Estimated at $355 Million, While China is Forecast to Grow at 13.3% CAGR
The Low Voltage DC Circuit Breakers market in the U.S. is estimated at US$355 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$594.2 Million by the year 2030 trailing a CAGR of 13.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.Select Competitors (Total 38 Featured) -
- ABB
- C7S Electric
- Eaton Corporation
- Entec Electric and Electronic
- Fuji Electric
- Hitachi
- Hyundai Electric and Energy Systems Company
- Larsen and Toubro
- Mitsubishi Electric Corporation
- Powell Industries
- Rockwell Automation
- Schneider Electric
- Sensata Technologies
- Siemens AG
- Tyrida Electric
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB
- C7S Electric
- Eaton Corporation
- Entec Electric and Electronic
- Fuji Electric
- Hitachi
- Hyundai Electric and Energy Systems Company
- Larsen and Toubro
- Mitsubishi Electric Corporation
- Powell Industries
- Rockwell Automation
- Schneider Electric
- Sensata Technologies
- Siemens AG
- Tyrida Electric
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 91 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.3 Billion |
Forecasted Market Value ( USD | $ 2.5 Billion |
Compound Annual Growth Rate | 8.5% |
Regions Covered | Global |