openPR Logo
Press release

Circuit Breakers Market is forecast to grow at over 7.0% CAGR by 2024

07-03-2018 10:09 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Circuit Breakers Market is forecast to grow at over 7.0% CAGR

Growing demand for the modular and packaged substation primarily across commercial and industrial end users will stimulate the global circuit breakers market share during the forecast timeframe. In 2016, Qatar had awarded USD 12.4 million contract to Siemens for the supply of integrated E-House substations for Hamad Port megaproject.

Development of numerous green corridors projects for exporting electricity generated from renewable energy sources to national grids will positively impact the industry landscape. In 2014, Power Grid Corporation of India Ltd. (PGCIL) had announced the investment of over USD 7 billion to facilitate the integration of clean energy plants with the national and state grids.

Request for Sample Copy of this research report @ https://www.gminsights.com/request-sample/detail/1172

Rising investments towards the renovation of conventional transmission grid infrastructure by utilities and other private participants will augment global circuit breakers market revenue. In 2015, Government of China announced a USD 315 billion investment towards the refurbishment of power grid infrastructure over the next five years. Rural electrification programs designed by countries including China, India, South Africa, and Nigeria will further influence the business outlook.

LV circuit breakers market was valued over USD 1 billion for 2015. Strong investment outlook towards deployment of new low voltage substations across remote areas will augment the industry size. SF6 is expected to witness significant growth of over 10%, owing to its high dielectric strength and efficient arc quenching properties.
U.S. circuit breakers market share is anticipated to expand over 7%. Government programs to enhance the safety of existing T&D grid infrastructure coupled with the deployment of new HVDC lines for long distance power transmission will augment the industry growth

For Europe circuit breakers market, UK 2015 revenue was in excess of USD 140 million. Investment for the development of new smart grid infrastructures will complement the industry outlook. China circuit breakers market looks set to exceed USD 2 billion by 2024. Numerous programs including China Township Electrification Program and China Village Electrification Program for providing renewable electricity to household consumers will enhance the country’s business landscape.

India circuit breakers market is expected to witness significant growth of over 8% over the forecast timeframe. Initiatives including One Nation, One Grid, One Price will enhance business size. 2015 Saudi Arabia revenue was over USD 100 million, rising demand for modular and packaged substations across the remote onshore oil and gas drilling areas will favor the industry demand.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1172

Brazil circuit breakers market size is predicted to exceed USD 450 million by 2024. Integration renewable energy generation sources with the state and national grid will boost the demand over the forecast timeframe.

Key industry players include GE Alstom, Powell Industries, Mitsubishi Electric Corporation, BEL Fuse Inc., Schneider Electric, Toshiba, Siemens, Eaton Corporation, TE Connectivity and ABB.

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
Explore Our Blog @ http://algosonline.com/news

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Circuit Breakers Market is forecast to grow at over 7.0% CAGR by 2024 here

News-ID: 1107234 • Views: 266

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

All 5 Releases


More Releases for USD

Agriculture Robots worth USD 3.5 billion market
According to Goldstein Research, the rising demand for agriculture robots is being driven by a numerous factors including global population growth, increasing strain on the food supply and decreasing availability of farm workers in developed countries. Global agriculture robots market segmentation includes products types such as driverless tractors, milking robots, potato sorting system, unmanned aerial vehicles and other. The market for agricultural robots is emerging at a rapid pace, with
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size
Metabolomics Market USD 1.24 Billion by 2020
The global metabolomics market is estimated to reach USD 1.24 Billion in 2020, growing at a CAGR of 15.6% from 2016 to 2020, according to a market research report Metabolomics Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Metabolomics Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/metabolomics-market/ Metabolomics is the scientific study of chemical processes involving metabolites, whereas metabolome represents the collection of all metabolites in a biological cell, tissue, organ or organism, which
Albumin Market USD 300 Million by 2020
According to a market research report Albumin Market 2013-2020, published by iHealthcareAnalyst, Inc., the global albumin market is estimated to reach USD 300 Million in 2020, expanding at a CAGR of 2.4% from 2016 to 2020. Visit the Albumin Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/albumin-market/ The global albumin market segmentation is based on type (human serum albumin, bovine serum albumin, recombinant albumin), and its applications (drug formulation and drug delivery, vaccines, components
Nanomedicine Market USD 170 Billion by 2020
The global nanomedicine market is estimated to reach USD 170 Billion in 2020, growing at a CAGR of 8.9% from 2016 to 2020, according to a market research report Nanomedicine Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Nanomedicine Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/nanomedicine-market/ Nanomedicine is the medical application of nanotechnology that ranges from the medical applications of nanomaterials and biological devices, to nanoelectronic biosensors, and even possible future applications of