Global Molded Case Circuit Breakers Market to Reach $18.5 Billion by 2030
The global market for Molded Case Circuit Breakers estimated at US$9.7 Billion in the year 2022, is projected to reach a revised size of US$18.5 Billion by 2030, growing at a CAGR of 8.4% over the analysis period 2022-2030. Up to 20 A, one of the segments analyzed in the report, is projected to record 9.5% CAGR and reach US$3.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the 21-75 A segment is readjusted to a revised 7.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 12.8% CAGR
The Molded Case Circuit Breakers market in the U.S. is estimated at US$2.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2030 trailing a CAGR of 12.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.Select Competitors (Total 38 Featured) -
- ABB Ltd
- Eaton Corporation Plc
- Fuji Electric Co., Ltd
- General Electric
- Hitachi Industrial Equipment Systems
- Huayi Electric Co., Ltd.
- Legrand
- Mitsubishi Electric Corporation
- Rockwell Automation, Inc.
- Schneider Electric
- Siemens AG
- Toshiba Corporation
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
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd
- Eaton Corporation Plc
- Fuji Electric Co., Ltd
- General Electric
- Hitachi Industrial Equipment Systems
- Huayi Electric Co., Ltd.
- Legrand
- Mitsubishi Electric Corporation
- Rockwell Automation, Inc.
- Schneider Electric
- Siemens AG
- Toshiba Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 91 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 9.7 Billion |
Forecasted Market Value ( USD | $ 18.5 Billion |
Compound Annual Growth Rate | 8.4% |
Regions Covered | Global |