The circuit breaker market would grow at a CAGR of 8.61% over the predicted time frame. The market is expected to increase in value from US$ 15.19 Bn in 2022 to US$ 29.41 Bn in 2030.
Key Takeaways:
- Asia pacific circuit breaker market was reached at USD 6.25 billion in 2021
- The medium voltage type segment accounted largest revenue share of around 45% in 2021
- In 2021, the gas insulation type segment accounted 40% revenue share
- The outdoor application segment has garnered 62% market share in 2021 while Indoor segment accounted 38%
- The low voltage class will create $6.9 billion in deals by 2030, ascending at a strong compound annual growth rate of 7.5%
- Commercial is the quickest developing classification, with deals of USD 3.9 billion of every 2020 and expected to surpass $7.4 billion by 2030
- residential segment is projected to reach at a CAGR of 7.1% by generating revenue of $7.3 billion by 2030.
The on circuit breaker Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.
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Report Scope of the Advanced Circuit Breaker Market
Report Coverage | Details |
Market Size by 2030 | USD 29.41 Billion |
Growth Rate from 2022 to 2030 | CAGR of 8.61% |
Asia Pacific Market Share in 2021 | 44% |
Medium Voltage Type Market Share in 2021 | 45% |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Type, Application, Insulation Type, Rated Voltage, End User, Geography |
A recent report provides crucial insights along with application based and forecast information in the Global Circuit breaker Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Circuit breaker market.
A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.
Companies and Manufacturers Covered
The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Circuit breaker market are included as given below:
Circuit breaker Market Key Players
- GENERAL ELECTRIC
- Powell Industries.
- Hitachi Industrial
- Siemens
- Equipment Systems Co. Ltd.
- Eaton.
- CG Power and Industrial Solutions Limited
- Schneider Electric
- Mitsubishi Electric Corporation
- Toshiba Corporation.
- ABB
Market Segments
By Type
- Low voltage
- Medium voltage
- High voltage
By Application
- Indoor
- Outdoor
By Insulation Type
- Vacuum
- Air
- Gas
- Oil
By Rated Voltage
- Upto 500V
- 500V – 1kV
- 1kV – 15kV
- 15kV – 50kV
- 50kV – 70kV
- 70kV – 150kV
- 150kV – 300kV
- 300kV – 600kV
- 600kV – 800kV
- Above 800kV
By End User
- Residential
- Commercial
- Industrial
- Others
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Philippines
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
Report Objectives
- To define, describe, and forecast the global circuit breaker market based on product, and region
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
- To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
- To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
- To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
- To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the circuit breaker market
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Circuit Breaker Market
5.1. COVID-19 Landscape: Circuit Breaker Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Circuit Breaker Market, By Type
8.1. Circuit Breaker Market, by Type, 2022-2030
8.1.1. Low voltage
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Medium voltage
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. High voltage
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Circuit Breaker Market, By Application
9.1. Circuit Breaker Market, by Application, 2022-2030
9.1.1. Indoor
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Dessert
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Outdoor
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Circuit Breaker Market, By Insulation Type
10.1. Circuit Breaker Market, by Insulation Type, 2022-2030
10.1.1. Vacuum
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Air
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Gas
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Oil
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Circuit Breaker Market, By Rated Voltage
11.1. Circuit Breaker Market, by Rated Voltage, 2022-2030
11.1.1. Upto 500V
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. 500V – 1kV
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. 1kV – 15kV
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. 15kV – 50kV
11.1.4.1. Market Revenue and Forecast (2017-2030)
11.1.5. 50kV – 70kV
11.1.5.1. Market Revenue and Forecast (2017-2030)
11.1.6. 70kV – 150kV
11.1.6.1. Market Revenue and Forecast (2017-2030)
11.1.7. 150kV – 300kV
11.1.7.1. Market Revenue and Forecast (2017-2030)
11.1.8. 300kV – 600kV
11.1.8.1. Market Revenue and Forecast (2017-2030)
11.1.9. 600kV – 800kV
11.1.9.1. Market Revenue and Forecast (2017-2030)
11.1.10. Above 800kV
11.1.10.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Circuit Breaker Market, By End User
12.1. Circuit Breaker Market, by End User, 2022-2030
12.1.1. Residential
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Commercial
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Industrial
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. Others
12.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Circuit Breaker Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Type (2017-2030)
13.1.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.1.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.1.5. Market Revenue and Forecast, by End User (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.6.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.1.7. Market Revenue and Forecast, by End User (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.8.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.1.8.5. Market Revenue and Forecast, by End User (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.2.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.2.5. Market Revenue and Forecast, by End User (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.6.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.2.7. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.2.8. Market Revenue and Forecast, by End User (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.2.10. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.2.11. Market Revenue and Forecast, by End User (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.12.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.2.13. Market Revenue and Forecast, by End User (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Type (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.14.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.2.15. Market Revenue and Forecast, by End User (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.3.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.3.5. Market Revenue and Forecast, by End User (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.6.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.3.7. Market Revenue and Forecast, by End User (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.3.9. Market Revenue and Forecast, by End User (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.3.10.5. Market Revenue and Forecast, by End User (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Type (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.11.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.3.11.5. Market Revenue and Forecast, by End User (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.4.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.4.5. Market Revenue and Forecast, by End User (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.6.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.4.7. Market Revenue and Forecast, by End User (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.4.9. Market Revenue and Forecast, by End User (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.4.10.5. Market Revenue and Forecast, by End User (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Type (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.11.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.4.11.5. Market Revenue and Forecast, by End User (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Type (2017-2030)
13.5.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.5.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.5.5. Market Revenue and Forecast, by End User (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Type (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.6.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.5.7. Market Revenue and Forecast, by End User (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Type (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Insulation Type (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Rated Voltage (2017-2030)
13.5.8.5. Market Revenue and Forecast, by End User (2017-2030)
Chapter 14. Company Profiles
14.1. GENERAL ELECTRIC
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Powell Industries
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Hitachi Industrial
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Siemens
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Equipment Systems Co. Ltd
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Eaton
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. CG Power and Industrial Solutions Limited
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Schneider Electric
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Mitsubishi Electric Corporation
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Toshiba Corporation
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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