Australia Low Voltage DC Circuit Breaker Market Trends, Industry Analysis, Size, Share and Forecast 2025

Australia low voltage DC circuit breaker market is expected to grow at a CAGR of 7.0% during the forecast period. There is an increasing internet penetration in Australia which is estimated to drive the growth of the market in the country. According to the World Bank, in 2017, it was estimated that over 86.5% of the population in Australia had access to the internet. Supportive government policies are another major factor that is driving the growth of the market in Australia. Australia is a part of the Trance Pacific Partnership (TPP), which concluded in 2015. This agreement focuses on promoting trade in the digital economy. It facilitates the free flow of data, restricts data localization and protects copyrights.

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The major players in the market include ABB Ltd., Eaton Corp., Larsen and Toubro Ltd., Schneider Electric S.E., and Siemens AG.

This agreement is estimated to promote foreign companies to invest in the Australian cloud market. As a result, new data centers are expected to open in the country. This, in turn, is estimated to drive the growth of the low-voltage DC circuit breakers market in the country, as low voltage power circuit breakers are used in modern data centers for the main switching and power transfer operations.

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These companies are adopting various strategies such as partnership and collaboration, geographical expansion, and product launch for increasing their market share. For instance, in September 2018, Siemens launched a new factory in Yatala, Queensland to encourage local research and the production of Australian made smart infrastructure products for energy utilities globally.

Market Segmentation

Australia Low Voltage DC Circuit Breaker Market by Type

o Air Circuit Breakers (ACB)
o Molded Case Circuit Breakers (MCCB)
o Miniature Circuit Breakers (MCB)

Australia Low Voltage DC Circuit Breaker Market by Application

o Residential
o Commercial
o Industrial

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