Circuit Breaker Market Listed at US$8.68 billion by 2022, Driven by Construction and Developmental Activities Globally

The” Circuit Breaker Market by Voltage (Medium Voltage, and High Voltage Circuit Breakers), End-User (Transmission & Distribution, Renewable, Power Generation, and Railways), Type (Outdoor, and Indoor), and Region - Global Forecast to 2022 “ report has been added by RnRMarketResearch .

The circuit breaker market is projected to reach USD 8.68 billion by 2022, from an estimated USD 6.85 billion in 2017, at a CAGR of 4.85%, from 2017 to 2022. Increasing construction and developmental activities, growing access to electricity in developing countries, and the rising number of renewable power generation projects are the major drivers of the circuit breaker market. Price volatility of raw materials can hinder the growth of the market.

Major Players: ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Mitsubishi (Japan), and Toshiba (Japan).

Circuit breakers are used to detect the fault current and protect electrical equipment in the grid. The renewable end-user segment is expected to grow at the highest CAGR, during the forecast period. Increasing investments in renewable energy sources to curb CO2 emissions and the growing need for access to electricity are the major factors driving the growth of the renewable segment of the circuit breaker market.

Key Target Audience:
• Consulting companies in the energy and power sector
• Environmental research institutes
• Government and research organizations
• Investment firms
• Power generation plants
• Power and energy associations
• State and national regulatory authorities
• Circuit breaker manufacturers, dealers, and suppliers
• Transmission and distribution utilities

Make an Inquiry for Discounted Circuit Breaker Market Report at http://www.rnrmarketresearch.com/contacts/discount?rname=113870

Market Overview:
• By Voltage
o Medium Voltage: Live Tank and Dead Tank
o High Voltage: Live Tank and Dead Tank
• By End-User
o Transmission and Distribution
o Renewable
o Power Generation
o Railways
• By Type
o Indoor Circuit Breakers: High and Medium Voltage
o Outdoor Circuit Breakers: High and Medium Voltage
• By Region
o North America
o Europe
o Asia Pacific
o Middle East & Africa
o South America

The market in Asia Pacific is currently the largest for circuit breakers followed by the North American market. Rising investments in construction and developmental activities and increasing electricity demand are driving the circuit breaker market in Asia Pacific.

The distribution of primary interviews is as follows:
 By Company Type: Tier 1- 35%, Tier 2- 45%, and Tier 3- 20%
 By Designation: C-Level- 35%, D-Level- 25%, and Others- 40%
 By Region: North America- 30%, Asia Pacific- 20%, Europe- 10%, Middle East & Africa- 35%, and South America- 5%

List of Tables & Figures
Table 1 Circuit Breaker Market Snapshot
Table 2 Circuit Breaker Market Size, By Voltage, 2015–2022 (USD Million)
Table 3 Live Tank: Circuit Breaker Market Size, By Voltage, 2015–2022 (USD Million)
Table 4 Dead Tank: Circuit Breaker Market Size, By Voltage, 2015–2022 (USD Million)
Table 5 High Voltage: Circuit Breaker Market Size, By Region, 2015–2022 (USD Million)
Table 6 High Voltage: Circuit Breaker Market Size, By Tank Type, 2015–2022 (USD Million)
Table 7 Medium Voltage: Circuit Breaker Market Size, By Region, 2015–2022 (USD Million)
Table 8 Medium Voltage: Circuit Breaker Market Size, By Tank Type, 2015–2022 (USD Million)
Table 9 Circuit Breaker Market Size, By Type, 2015–2022 (USD Million)
Table 10 High Voltage: Circuit Breaker Market Size, By Type, 2015–2022 (USD Million) Continued…

For more information about this report visit http://www.rnrmarketresearch.com/contacts/purchase?rname=113870

About Us: RnRMarketResearch.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more.

Contact:

Hrishikesh Patwardhan
RnR Market Research
Corporate Headquarters
Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India
+ 1 888 391 5441
sales@rnrmarketresearch.com

This release was published on openPR.