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Circuit Breakers Market Report 2016 | Key Players – ABB, GE Alstom, Siemens, Mitsubishi Electric Corporation, BEL Fuse Inc., Eaton Corporation, Schneider Electric, Toshiba, Powell Industries, TE Connectivity and Mersen

09-24-2018 08:52 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Circuit Breakers

Circuit Breakers

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.

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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.

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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.

Circuit breakers market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2014 to 2024, for the following segments:

Global Circuit Breakers Market, By Technology
• Air
• Vacuum
• Oil
• SF6

Global Circuit Breakers Market, By Voltage Level
• LV
• MV
• HV

Global Circuit Breakers Market, By End-Use
• Power Transmission
• Power Distribution

Table of content

Chapter 1 Methodology & Scope

1.1 Research Methodology

1.1.1 Initial data exploration

1.1.2 Statistical model and forecast

1.1.3 Industry insights and validation

1.1.4 Scope & assumptions

1.2 Data Sources

1.2.1 Primary

1.2.2 Secondary

Chapter 2 Executive Summary

2.1 Circuit Breakers industry 3600 synopsis, 2014 – 2024

2.1.1 Business trends

2.1.2 Regional trends

2.1.3 Technology trends

2.1.4 Voltage level trends

2.1.5 End-use trends

Chapter 3 Circuit Breakers Industry Insights

3.1 Industry segmentation

3.2 Industry size & forecast, 2014 – 2024

3.3 Industry ecosystem analysis

3.4 Innovation & sustainability

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
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