Press release
Circuit Breakers Market : Advanced Technologies & Growth Opportunities in Industry By 2026 | Top Players ABB, Alstom, Eaton Corporation plc, Furukawa Groups, Kirloskar Electric
Allied Market Research published a new report, titled, "circuit breakers market." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.Global circuit breakers market size was valued at $9.8 billion in 2018, and is projected to reach $14.8 billion by 2026, growing at a CAGR of 5.3% from 2019 to 2026.
Circuit breakers can operate automatically as well as manually for controlling and protecting an electrical power system. Circuit breakers helps to protect electric appliances from short out, over-burden or over-flow. Moreover, the circuit breakers are cost-effective and give reliable operation of the electric circuit. The requirement for circuit breakers has gone up impressively with expanding concern for safety in media transmission hardware, car, electrical, and electronic sectors.
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A disadvantage of using both these materials is the expansion which occurs during charging and disintegration after a limited number of cycles. The conductivity of electrons in an atom is affected by unbounded electrons, resulting in electricity being conducted poorly as compared to the bulk material; this is known as the edge effect. The atoms that are not completely bonded to their neighboring atoms and lay at the surface of the nanowire give rise to the edge effect. Nanowire conductivity is strongly influenced by the edge effect.
Amprius, a startup company which has been exploring the potential of this new technology, has launched long lasting lithium-ion batteries for laptops and electric vehicles. The working capacity of laptops will increase to 20 hours on a single charge. These batteries are especially useful for engineers working in fields and for businessmen. The third generation product by Amprius will be a huge success in terms of power usage.
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Lithium is stored in small silicon nanowires which have a diameter 0.001 times smaller than the diameter of a sheet of paper. Nanowires have the ability to expand to four times their original size when charging and do not fracture. Nanowire batteries produce as much as 10 times more electricity than the current batteries.
As nanowire batteries are an emerging trend gaining traction in the electronics media, several researchers and universities are working towards making this technology more accessible to the public. Amprius is launching its products with the help of Stanford University to meet the changing needs of the customers.
Key Benefits:
o The report provides a qualitative and quantitative analysis of the current circuit breakers market trends, forecasts, and market size from 2020 to 2027 to determine new opportunities.
o Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
o Top impacting factors & major investment pockets are highlighted in the research.
o The major countries in each region are analyzed and their revenue contribution is mentioned.
o The market player positioning segment provides an understanding of the current position of the market players active in the circuit breakers industry.
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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