Press release
Global Circuit Breaker Market Prominent market players comprise of ABB, Schneider Electric, Eaton, Mitsubishi, Toshiba, Siemens, Hitachi, Crompton Greaves, Powell Industries, Hubbell, Fuji Electric, Meidensha, TE Connectivity, BEL Fuse, L&T, and Mersen S.
Global Circuit Breaker Market
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> 550 kV units in the current industrial scenario, have gained an upsurge subject to the ongoing expansion of ultra-high-tension (UHT) electric networks to endure losses accumulated from long-distance power supply. Advance product specifications, curtailment ability for over-currents, cost along with ease of installation are essential factors driving the product penetration. Regulatory inclination towards the deployment of HVDC transmission infrastructure to meet cross-border demand for electricity will further complement the circuit breaker market outlook.
Europe market will gain escalation subject to the stringent energy efficiency mandates along with rising share of sustainable electricity networks. Regulators with an aim to institute a potent energy mechanism have been channelizing funds to befit their networks for effective electricity generation & supply. European Union’s policy objectives comprehend, investment & restructuring of the existing grid infrastructure to integrate renewable resources and sustain the leap in energy demand.
Report Content
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Global Circuit Breaker Industry Insights
Chapter 5 Circuit Breaker Market, By Rated Voltage
Chapter 6 Circuit Breaker Market, By Rated Current
Chapter 7 Global Circuit Breaker Market, By Installation
Chapter 8 Circuit Breaker Market, By Application
Chapter 9 Global Circuit Breaker Market, By End Use
Chapter 10 Global Circuit Breaker Market, By Region
Chapter 11 Company Profiles
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> 4,500 Ampere circuit breaker market will exceed an annual installation of 1 million units by 2024. Large scale industrial expansion along with product viability across utility deployed transmission & distribution lines will positively sway the industry dynamics. These units behold significant installations across inter-state and cross border transmission networks exhibiting comparatively higher ampacity with an aim to ensure network & operational security across the regional grid infrastructure.
The circuit breaker market in the recent years has gained impetus with an influx of advanced, flexible, and secure product specifications. Although the manufacturers and suppliers have consistently been streamlining their R&D investments to expand and enhance product portfolios, fresh investments from leading participants to incorporate a versatile technological platform has been a considerable breakthrough. In addition, favorable consumer tendencies toward the deployment of the products with an aim to safeguard the operational environment along with enhancing the life expectancy of the electric network have further added to the industry advantage.
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Electric protection equipment’s in the current industrial regime have gained prominence subject to their product versatility and diverse applicability across power distribution networks. These products have gained penetration across a pool of applications hovering from small residential electricity networks to large utility-aided distribution infrastructure. With increasing adoption, manufacturers and industry participants have aligned their focus on the development and sustainable distribution of the products. Favorable consumer tendencies and product versatility favored by cost-effective product configurations will fuel the global market potential.
Eminent players across the global market comprise of Schneider Electric, Eaton, ABB, Mitsubishi, Toshiba, Mersen S.A, Hitachi, Crompton Greaves, Siemens, Powell Industries, Fuji Electric, Meidensha, Hubbell, TE Connectivity, L&T, and BEL Fuse.
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