Circuit Breakers Market Growth, Opportunities, Kay Players and Sales Forecast to 2025 : ABB, Alstom, Eaton and Mitsubishi Electric
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Albany, NY -- (SBWire) -- 04/26/2019 --Circuit Breakers Market report includes (6 Year Forecast 2019-2025) includes Overview, classification, industry value, price, cost and gross profit. It also offers in-intensity insight of the Circuit Breakers industry masking all vital parameters along with, Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, Price and Gross Margin, Circuit Breakers market Share via Region, New Challenge Feasibility Evaluation, Analysis and Guidelines on New mission Investment.
The Circuit Breakers market was valued at 14300 Million US$ in 2017 and is projected to reach 22000 Million US$ by 2025, at a CAGR of 5.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Circuit Breakers.
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This report presents the worldwide Circuit Breakers market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Circuit breaker is an automatically operated electrical switch designed to protect an electrical circuit from damage caused by overload or short circuit. Its basic function is to detect a fault condition and interrupt current flow. Unlike a fuse, which operates once and then must be replaced, a circuit breaker can be reset (either manually or automatically) to resume normal operation. Circuit breakers are made in varying sizes, from small devices that protect an individual household appliance up to large switchgear designed to protect high voltage circuits feeding an entire city.
Schneider Electric, ABB, and General Electric captured the top three revenue share spots in the Circuit Breakers market in 2015.Schneider Electric dominated with 10.60 percent revenue share, followed by ABB with 9.45 percent revenue share and General Electric with 8.37 percent revenue share.
In terms of the classification segment, low voltage circuit breaker market accounted for over 45% of the overall share in 2014. These are generally used in industrial, commercial and domestic applications. They are rated less than 1000 VAC or 1500 V DC and are primarily used for DC applications.
In terms of the applications segment, the power generation segment was the largest contributor in the circuit breakers market. In 2014 the power generation segment amounted for 26.08% revenue share. There is growth in demand for efficient and smart power generation which is required to address the futuristic demand for electricity.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.
Although sales of Circuit Breakers brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.
The following manufacturers are covered in this report:
General Electric
ABB
Alstom
Eaton
Mitsubishi Electric
Schneider Electric
Siemens
Maxwell
Toshiba
Pennsylvania Breaker
Legrand
Schurter Holding
Hager
Fuji Electric
Hyundai
CHINT Electrics
DELIXI
Changshu Switchgear
Shanghai Renmin
Liangxin
Circuit Breakers Breakdown Data by Type
Air circuit breaker
Oil circuit breaker
Sulfur hexafluoride circuit breaker
Vacuum circuit breaker
Other circuit breakers
Circuit Breakers Breakdown Data by Application
Air circuit breaker
Oil circuit breaker
Sulfur hexafluoride circuit breaker
Circuit Breakers Production by Region
United States
Europe
China
Japan
Other Regions
Circuit Breakers Consumption by Region
North America
United States
Canada
Mexico
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The study objectives are:
To analyze and research the global Circuit Breakers status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Circuit Breakers manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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