Global Low Voltage DC Circuit Breaker Market Trends, Size, Competitive Analysis and Forecast - 2019-2025

The global low voltage DC circuit breaker market is expected to grow at a CAGR of 6.2% during the forecast period. Major factors contributing to the growth of the market include increasing electricity generation from renewable sources such as solar and wind, increasing investment in the grid-scale battery storage system and increasing shift towards decentralization of electricity generation.

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For instance, India has started its first grid-scale battery-based energy storage system in February 2019. As per the National Energy Administration’s (NEA), China has around 175 GW worth of solar PV capacity by January 2019. However, the high cost of renewable energy setup can act as a restraint to the growth of the market.

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Global Low Voltage DC Circuit Breaker Market Segmentation

By Type
• Air Circuit Breakers (ACB)
• Molded Case Circuit Breakers (MCCB)
• Miniature Circuit-Breakers (MCB)

By Application
• Commercial
• Residential
• Industrial

Regional Analysis
• North America
o United States
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

• Rest of the World

Company Profiles
• ABB Ltd.
• C&S Electric Ltd.
• CBI Electric Group
• Eaton Corp.
• Entec Electric & Electronic Co., Ltd.
• Fuji Electric Co., Ltd.
• Hitachi Industrial Equipment Systems Co., Ltd
• Hyundai Electric & Energy Systems Co., Ltd.
• Larsen and Toubro Ltd.
• Mitsubishi Electric Corp.

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