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Automatic Circuit Breakers Market Size & Share - Industry Trends and Forecast 2014 - 2020
" Automatic Circuit Breakers Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 - 2020" is the latest addition to MarketResearchReports.Biz industry research reports collection.The main objective of this report is to define, describe, and forecast the global “Automatic Circuit Breakers ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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With an increase in smart grid infrastructure deployment across the world, the demand for automatic circuit breakers is likely to show a marked increase in the future. Apart from smart grids, these automatic circuit breakers are also being deployed in other forms of advanced grid infrastructures such as micro grids and super grids. An automatic circuit breaker is a device which protects electrical circuits from damage brought on by load imbalances, fluctuations or other factors. An automatic circuit breaker functions by detecting any faulty condition and subsequently interrupting or stopping the power flow through an electrical circuit. The power transmission sector is one of the largest markets for automatic circuit breakers currently. According to the general trend of the power industry, transmission wires with higher power transfer capacities are being preferred. The conventional power transmission lines are gradually being upgraded to high voltage alternating current (HVAC) and high voltage direct current (HVDC) lines.
High voltage lines provide an array of advantages over low voltage ones. The primary one among these is the fact that a single high voltage line has multiple times the power transfer capacity of low voltage lines. However with an increased power transfer capacity, the cost of these transmission cables also increases significantly. As a result transmission operators find it highly necessary to employ efficient and preferably automatic circuit breakers to protect these expensive equipments. At high voltages, fluctuations in loads and frequencies might have dire consequences on the equipments; this risk is significantly mitigated by the presence of automatic circuit breakers. One of the major applications of automatic circuit breakers is in islanding. In the event of a cascading failure of generators connected to the electrical grid, these automatic circuit breakers trip and island off healthy parts of the grid from the effected ones.
This significantly ensures grid safety by allowing healthy portions of the overall grid to continue functioning without interruptions. If these automatic circuit breakers were not in place, the gradual tripping of generators would have ultimately culminated in a complete grid failure, affecting all users drawing power from it. The adaptive islanding system is especially useful in the modern day micro grids being deployed across the world. Micro grids feature a decentralized form of power generation which caters to users connected within the micro grid. However these micro grids are also mostly connected to the utility grid in order to draw power in times of short supply and to feed power back to the grid in times of oversupply. In the event of a utility grid failure, the presence of automatic circuit breakers in the micro grid ensures that the system is islanded from the utility grid.
This allows the micro grid to continue functioning without interruptions. A similar case is observed in smart grids, where renewable energy generation sources are intricately integrated with the utility grid as well as to their local demand center. The automatic circuit breakers help ensure safety of the smart grid by reducing chances of over drawl of power both from or by the utility grid. Overall the market for automatic circuit breakers is likely to exhibit attractive growth rates in all regions of the world. With a rapid development of smart grid infrastructure coupled with the ramping up of the power transmission sector, the Asia-Pacific is likely to remains one of the most attractive markets throughout the forecast period.
Some of the major players in the automatic circuit breakers market include Mouser Electronics Inc., Kirloskar Electric Company Ltd. and E-T-A among others.
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This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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