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$9 Billion Circuit Breaker Market – Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Circuit
Breaker Market: Global Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023"
report has been added to ResearchAndMarkets.com's
offering.

The global circuit breaker market reached a value of around US$ 7
billion in 2017. The market value is further expected to reach US$ 9
billion by 2023, exhibiting a CAGR of 4.5% during 2018-2023.

An electronic device functions through a path which has two or more
points to carry the electrical current. This path is called a circuit
and the device that interrupts this flow of electrical current is called
the circuit breaker. These circuit breakers are used for preventing the
fluctuations in the flow of current and protecting other devices that
are attached to the circuit. Circuit breakers help in controlling,
regulating and mastering electric power efficiently.

Global Circuit Breaker Market Drivers:

In recent years, the demand for electricity has been increasing day by
day. Circuit breakers are beneficial in the transmission and
distribution of power supply. Moreover, owing to an emerging need for
saving electricity, governments across the globe are introducing
numerous initiatives to establish efficient and smart power grids. These
factors have contributed towards the growth of the circuit breaker
market.

Safety of kitchen appliances, industrial tools and machinery and IT
products have become a matter of chief concern that is playing a major
role in the rising demand of circuit breakers. By using circuit
breakers, the whole power mechanism can be made safe and protected from
the frequent power fluctuations and short circuits.

An important factor that is responsible for the constant growth in the
circuit breaker market is the increasing trend of urbanisation and
industrialisation in developing countries. This has caused an
improvement in the electricity infrastructure as well as an increase in
the power supply to rural areas.

Low maintenance cost and increasing usage of these devices in locomotive
industries are some of the other advantages that are positively
influencing the growth of global circuit breaker market.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Circuit Breaker Market

6 Market Breakup by Product Type

7 Market Breakup by Voltage

8 Market Breakup by Technology

9 Market Breakup by End-Use

10 Market Breakup by Region

11 Circuit Breaker Manufacturing Process

12 Competitive Landscape

  • ABB
  • Alstom
  • Eaton Corporation
  • GE
  • Mitsubishi Electric Power Products
  • Schneider Electric
  • Siemens
  • Camsco Electric
  • G&W Electric
  • Kirloskar Electric
  • L&T
  • Powell Industries
  • Schurter Holding
  • Sensata Technologies
  • Toshiba

For more information about this report visit https://www.researchandmarkets.com/research/9m7kdq/9_billion?w=4

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Related
Topics: Electricity