Molded Case Circuit Breakers (MCCB) Market Share by Top Companies, Major Players Involved in Development Stages, Revenue by Forecast to 2024

Molded Case Circuit Breakers (MCCB) Market Highlights:-

According to the International Energy Agency (IEA), worldwide electricity consumption is expected to hit 30,000 terawatt hours (TWh) by 2030. This would produce considerable opportunities for the associated markets, such as electrical equipment and protection devices. Consequently, with the continuous rise in electricity production and consumption, the demand for MCCBs would continue to rise in the following years. Additionally, high growth in the construction sector across the globe is fuelling the growth of the market. However, factors such as fluctuating working characteristics of the breaker depending on the ambient temperature may restrict the demand for molded case circuit breaker devices.

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Leading 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).

Market Research 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.

On the basis of rated Current, the market has been segmented into up to 20A, 21A–75A, 76A–250A, 251A–800A, and above 800A. In 2016, 76A–250A dominated the rated current segment of the MCCB market.

Scope of the Report:-
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

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By Region
• North America
• Asia Pacific
• Europe
• Rest of the World

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