Press release
Molded Case Circuit Breakers Market Upcoming Trends and Growth Strategies by Forecast 2024 | Global Leading Players: Siemens AG (Germany), Schneider Electric (France), General Electric (U.S.), Eaton Corporation Plc. (Ireland), Rockwell Automation, Inc. (U
Market Overview:-Circuit breakers are the most critical components of a whole electrical circuit system. These are important for the prevention of electronic devices and loads from short circuits or overload. Molded Case Circuit Breaker (MCCB) is a miniature circuit breaker primarily used to protect an electrical circuit from short circuits and securely connect and disconnect loads from the electrical source. MCCB commonly works based on two elements i.e. thermal element for overcurrent and magnetic element for short circuit release.
North America is expected to be the second largest region for MCCB market. Stringent compliance requirements on electrical safety is the factor driving the growth of the market in this region. Additionally, high investment in transmission & distribution network provides a wide scope for the usage of electrical components in this region. The U.S. is an important market in the global as well as North American region.
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Indusrty Top Key Players:-
The prominent players in the molded case circuit breakers market include Siemens AG (Germany), Schneider Electric (France), General Electric (U.S.), Eaton Corporation Plc. (Ireland), Rockwell Automation, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Hitachi Industrial Equipment Systems (Japan), Legrand SA (France), Fuji Electric Co., Ltd. (Japan), Havells India Ltd. (India), Huayi Electric Co., Ltd (China), Toshiba Corporation (Japan), Noark Electric (USA) Inc. (U.S.), Chint Group (China), and Maxguard (Malaysia).
Scope of the Report
This study provides an overview of the global molded case circuit breakers (MCCB) market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global MCCB market by its rating current, end-user, and region.
By Rated Current
Up to 20A
21A–75A
76A–250A
251A–800A
Above 800A
End-User
Manufacturing & Process Industry
Residential & Commercial
Power Generation
Others
By Region
North America
Asia Pacific
Europe
Rest of the World
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Market Analysis:
For the purpose of this study, the global MCCB market has been divided into two segments, namely rated current and end-user. On the basis of end-user, the market has been segmented into transmission & distribution, manufacturing & process industry, residential & commercial, power generation, and others. In 2017, transmission & distribution industry dominates the end-user segment of the market mainly due to the renovation of aging infrastructure in countries such as the U.S. and the U.K. Furthermore, increasing construction activities in emerging regions as well as increasing number of smart cities projects across the globe is expected to boost the growth of the global molded case circuit breakers market during the forecast period.
Major Points From Table Of Content:-
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Rated Current
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
To be continued....
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