openPR Logo
Press release

Molded Case Circuit Breakers Market Research Report –

01-18-2019 06:34 PM CET | Energy & Environment

Press release from: Market Research Future - MRFR

Global Molded Case Circuit Breakers (MCCB) Market

Global Molded Case Circuit Breakers (MCCB) Market

Global Molded Case Circuit Breakers (MCCB) Market By Rated Current, End-User (Manufacturing & Process Industry, Residential & Commercial, Transmission & Distribution, Power Generation, and Others), and Region - Forecast Till 2024

Synopsis of Global Molded Case Circuit Breakers (MCCB) Market

Circuit breakers are the most critical components of a whole electrical circuit system. These are important for the prevention of electronic devices and loads from short circuits or overload. Molded Case Circuit Breaker (MCCB) is a miniature circuit breaker primarily used to protect an electrical circuit from short circuits and securely connect and disconnect loads from the electrical source. MCCB commonly works based on two elements i.e. thermal element for overcurrent and magnetic element for short circuit release.

Sample Report @ https://www.marketresearchfuture.com/sample_request/5902

Geographically, the global MCCB market has been segmented into four major regions, such as North America, Europe, Asia Pacific, and Rest of the World. The Asia Pacific region has accounted for the biggest market share in 2017, and is projected to grow at the highest CAGR throughout the forecast period. High growth in the construction sector is the major factor driving the growth of the market. The rising demand for modernizing the existing electricity infrastructure to serve the increasing demand for electricity is driving the growth of the MCCB market during the forecast period. High growth in population and advancement in lifestyle of people is leading to an increase in the consumption of energy. Asia Pacific has emerged as the largest consumer of electricity across the world. This has a positive effect on the growth of the market. China, Japan, South Korea, and India are the important regions in Asia Pacific. China has the world’s largest market for power transmission & distribution. According to IEA, World Energy Investment Outlook, China is spending around USD 83 billion on their transmission & distribution network.

North America is expected to be the second largest region for MCCB market. Stringent compliance requirements on electrical safety is the factor driving the growth of the market in this region. Additionally, high investment in transmission & distribution network provides a wide scope for the usage of electrical components in this region. The U.S. is an important market in the global as well as North American region.

Europe is another major region for the MCCB market. The increasing number of cross border interconnections will drive the growth of the Transmission and Distribution (T&D) equipment industry in Europe. Europe is developing an interconnected grid that can transfer electricity between countries, such as the U.K, Poland, Germany, France, and Sweden. Improvement of grid reliability and combining reserves and reduction in the investments in power-generating capacity are some of the advantages of such interconnected systems. Moreover, high investment in the renewable energy sector is fuelling the global MCCB market growth. To decrease the dependence on conventional fossil fuels, several countries are focusing towards renewable energy power generation.

Global Molded Case Circuit Breakers (MCCB) Market Segmentation:

For the purpose of this study, the global molded case circuit breakers market has been divided into two segments, namely rated current and end-user. 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 2017, 76A–250A dominated the rated current segment of the MCCB market. These MCCBs are being mostly used in infrastructure sector, especially residential and commercial. The growing infrastructure sector in emerging economies is expected to drive the market for 76A–250A sub-segment.

On the basis of end-user, the global molded case circuit breakers market has been divided into transmission & distribution, manufacturing & process industry, residential & commercial, power generation, and others. Transmission & distribution dominates the end-user segment of the MCCB market and is expected to grow at the fastest rate during the forecast period. Increasing modernization of aging infrastructure is a major factor driving the growth of the market.

Hence, the global MCCB market is estimated to witness a CAGR of 6.28% during the forecast period.

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).

Access Full Report @ https://www.marketresearchfuture.com/reports/molded-case-circuit-breakers-market-5902

The report for Global Molded Case Circuit Breakers (MCCB) Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9332
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Molded Case Circuit Breakers Market Research Report – here

News-ID: 1513703 • Views: …

More Releases from Market Research Future - MRFR

Commercial Seaweeds Market, Key Company, Trends, Size, Emerging Technologies, Growth Factors, And Regional Forecast To 2027
Commercial Seaweeds Market, Key Company, Trends, Size, Emerging Technologies, Gr …
Market Highlights Commercial seaweeds are marine algae with applications in foods, animal feeds, and fertilizers. They are rich in vitamins making them a vital component in processed foods. The global commercial seaweeds market report by Market Research Future (MRFR) has been compiled by observing the changing food habits of consumers as well as abundance of seaweeds for production of processed foods. The report contains estimations and predictions for the period of…
Dairy Beverages Market, Production and Consumption Analysis, Brands Statistics and Overview by Top Manufacturers 2027
Dairy Beverages Market, Production and Consumption Analysis, Brands Statistics a …
Market Scope The global dairy beverages market is set to reach a value of USD 91 billion by 2024. With the need for beverages to serve as meal replacement meals for post-gym session, the market is expected to capitalize on this trend. Introduction of new flavors as well as preference of yogurt and whey drinks are likely to drive the market demand exponentially. High demand for ready-to-drink (RTD) beverages and launch…
Snack Pellets Market: Industry Development Challenges, Opportunities, Market Entry Strategies, Key Manufacturers Analysis 2027
Snack Pellets Market: Industry Development Challenges, Opportunities, Market Ent …
Market-Overview The escalating intake of convenience food products is foreseen to enhance the snack pellets market. The food, beverages & nutrition reports are made by Market Research Future, which includes market options for expansion. A motivating CAGR is foreseen to drive the evolution of the market in the near future. The accessibility to raw ingredients such as potato, tapioca, and grains more easily is anticipated to create an encouraging market for snack…
Herbal Tea Market, Opportunity Assessment, Future Estimations and Key Industry Segments Poised for Strong Growth in Future 2027
Herbal Tea Market, Opportunity Assessment, Future Estimations and Key Industry S …
Market Scope Market Research Future (MRFR) expects the herbal tea market 2020 to blossom at a rate of 4.94% from 2017 to 2025 (evaluation period). MRFR also anticipates that the market for herbal tea can accrue a valuation of USD 4,226.9 Million by 2025. We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak. Top Boosters and Deterrents The…

All 5 Releases


More Releases for MCCB

Global MCB and MCCB Market Research report: Forecast till 2023
MCB and MCCB Market 2020 comprises a detailed survey of the MCB and MCCB Market size, share, trends, extension, consumption, and share, segments, application and Forecast 2025. Global "MCB and MCCB" Market 2020-2025 Report contains all demographic as well as analytical data regarding market review, growth, demand, and budget analysis. The report mainly highlights the significant trends of the MCB and MCCB market in terms of thriving companies, business methods, product…
Global Moulded Case Circuit Breaker (MCCB) Market 2018 - Schneider Electric, ABB …
Global Moulded Case Circuit Breaker (MCCB) Material market is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. According to the latest Global Moulded Case Circuit Breaker (MCCB) Market 2018 report, the Moulded Case Circuit Breaker (MCCB) industry is expected to reach about X.XX billion USD by the year 2022 with an average growth rate of xx.xx %. The…
Molded Case Circuit Breaker (MCCB) Market Size, Analysis, and Forecast Report 20 …
Expanding electric power distribution network is the key factor contributes the growth of global molded case circuit breaker (MCCB). Molded Case Circuit Breaker (MCCB) is a miniature circuit breaker used to protect an electrical circuit from short circuit and also to safely connecting and disconnecting loads from the electrical source. Molded Case Circuit Breaker (MCCB) generally works based on the two elements: thermal element for overcurrent and magnetic…
Moulded Case Circuit Breaker (MCCB) Market to Witness a Pronounce Growth During …
ReportBazzar has released its latest research-based report entitled ‘Moulded Case Circuit Breaker (MCCB)’ Market. This report studies the Moulded Case Circuit Breaker (MCCB) market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Moulded Case Circuit Breaker (MCCB) market by product type and applications/end…
Molded Case Circuit Breaker (MCCB) Market Set to Witness an Uptick during 2017 â …
Expanding electric power distribution network is the key factor contributes the growth of global molded case circuit breaker (MCCB). Molded Case Circuit Breaker (MCCB) is a miniature circuit breaker used to protect an electrical circuit from short circuit and also to safely connecting and disconnecting loads from the electrical source. Molded Case Circuit Breaker (MCCB) generally works based on the two elements: thermal element for overcurrent and magnetic…
Moulded Case Circuit Breaker (MCCB) Market Size, Share, Analysis, Industry Deman …
A molded case circuit breaker, abbreviated MCCB, is a type of electrical protection device that can be used for a wide range of voltages, and frequencies of both 50 Hz and 60 Hz.This report mainly covers the thermal magnetic molded case circuit breaker and electronic trip molded case circuit breaker. The Global Moulded Case Circuit Breaker (MCCB) Market Research Report 2011-2023 provides an in-depth insight of the primary regional market…