Press release
MCB and MCCB Market Growth 2019 by Analysis, Trends, Regional Outlook, Top Key Players like ABB, General Electric, Rockwell, Siemens, WEG, Schneider Electric, Legrand, Fuji Electric, Eaton, Huayi Electric, Hitachi, Havells and Chint Group
MCB and MCCB Market
Global MCB and MCCB market is expected to witness substantial growth during the forecast period owing to increasing electrification, growing urban energy conservation program, increasing industrialization, and shift towards de-centralized power distribution.
MCB is an electromechanical device which automatically switch off the circuit when there is a short circuit or any other abnormal condition. MCCB is a protecting device which is mainly used in places where adjustable tripping is required. Increasing industrialization and modernization of ageing infrastructure in developed economies would major driver for the growth of the global MCB and MCCB market. Additionally, governments around the globe are taking initiatives to develop smart cities around the globe for conserving energy which would further drive the market for MCB and MCCB
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Key Players
The key players of the global MCB and MCCB market are ABB (Switzerland), General Electric (US), Rockwell (US), Siemens (Germany), WEG (Brazil), Schneider Electric (France), Legrand (France), Fuji Electric (Japan), Eaton (Ireland), Huayi Electric (China), Hitachi (Japan), Havells (India), and Chint Group (China), among others.
Market Segmentation
Global MCB and MCCB market has been segmented based on type, rated current, end-user, and region. Based on type, the market is classified into miniature circuit breaker and molded case circuit breaker. Molded case circuit breaker is leading the market and has the largest market share, mainly due to its wide application in industrial sector and it can withstand high rated current ranging more than 1000A. The global MCB and MCCB market is further segmented based on end-user, including T&D, manufacturing & process, power generation, infrastructure, and transportation, among others. T&D segment is expected to grow at the fastest rate as it is primarily driven by modernization of ageing infrastructure in countries such as US, Canada, and UK, among others. and growing construction activities in countries such as India and China.
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List Of Tables
Table 1 Global MCB And MCCB Market, By Region, 2016-2023 (USD Million)
Table 2 North America MCB And MCCB Market, By Country, 2016-2023 (USD Million)
Table 3 Europe MCB And MCCB Market, By Country, 2016-2023 (USD Million)
Table 4 Asia-Pacific MCB And MCCB Market, By Country, 2016-2023 (USD Million)
Table 5 Middle East & Africa MCB And MCCB Market, By Country, 2016-2023 (USD Million)
Table 6 South America MCB And MCCB Market, By Country, 2016-2023 (USD Million)
Table 7 Global MCB And MCCB Market, By Type, 2016-2023 (USD Million)
Table 8 North America MCB And MCCB Market, By Type, 2016-2023 (USD Million)
Table 9 Europe MCB And MCCB Market, By Type, 2016-2023 (USD Million)
Table 10 Asia-Pacific MCB And MCCB Market, By Type, 2016-2023 (USD Million)
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List Of Figures
Figure 1 Research Process Of MRFR
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics 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.
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