Lewes, DE -- (SBWire) -- 03/22/2016 --Report forecast the global circuit breaker, fuse, and relay market to grow at a CAGR of 6.66% during the period 2016-2020.
Circuit breakers are electrical switches that protect electric circuit from short-circuiting and overloading. These switches are designed to detect overloading and cut power supply automatically. Fuse prevents electricity overload by melting a wire inside the circuit and thus protecting all electrical and electronic devices connected to the circuit. Switches that open and close a circuit electronically are known as relays.
The report covers the present scenario and the growth prospects of the global circuit breaker, fuse, and relay market for 2016-2020. To calculate the market size, the report considers demand for each of the products – circuit breakers, fuse, and relays – from different end-users during the forecast period.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, the growing use of renewable energy, such as wind, solar, geothermal, and hydropower, is likely to drive the market for circuit breakers, protective relays, and fuses in the Americas, China, India, and the GCC countries during the forecast period.
Further, the report states that competition from local vendors restricts international vendor's market growth.
Global Circuit Breaker Fuse and Relay Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Global Circuit Breaker Fuse and Relay Market: ABB, GE, Schneider Electric, and Siemens.
Other Prominent Vendors in the market are: Camsco Electric, Cooper Industries, Honeywell International, Itron, Kirloskar Electric, L&T, Littelfuse, Mitsubishi Electric, NR Electric, Rockwell Automation, S&C Electric, Schurter Holding, and Sensata Technologies.
Market driver
- Increased demand for energy worldwide
- For a full, detailed list, view our report
Market challenge
- Competition from local vendors
- For a full, detailed list, view our report
Market trend
- Growth in smart grid market
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 71 pages and 26 Exhibit "Global Circuit Breaker Fuse and Relay Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Landscape, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-circuit-breaker-fuse-and-relay-market-2016-2020
Find all Semiconductors report at : http://www.marketresearchreports.com/semiconductors
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions
