Low Voltage DC Circuit Breakers Market Size, Share, Trends, Analysis and Forecast 2019-2025
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The electric power industry is the biggest end-user of low voltage DC circuit breakers industry and expected to remain so through the forecast period as power utilities are enhancing their energy efficiencies. The residential sector for low voltage DC circuit breakers is projected to post strong gains over the coming years augmented by the year-on-year increase in construction expenditures. Suppliers or companies serving the non-residential sector will also profit from high-value products used in the non-residential applications. In automotive, the increasing penetration of electrical components in motor vehicles particularly coupled with the increasing prominence of electric and hybrid vehicles is expected to reinforce the low voltage DC circuit breakers demand on a per-vehicle basis.
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Circuit breakers are gradually replacing fuses in most of the applications such as in homes and offices. Moreover, the increasing utilization of certain DC power applications including solar power generation is expected to benefit DC circuit breaker manufacturers. In addition, the manufacturers of low voltage circuit breakers will benefit from the advantages obtained from their products’ performance relative to fuses.
Furthermore, the low voltage DC circuit breaker market involves multiple small and medium-sized enterprises, a few large multinational corporations, and start-up companies. Key low voltage DC circuit breaker manufacturers include Schneider Electric, Mitsubishi Electric, Siemens AG, ABB Ltd., and Larsen and Toubro Ltd., among more. These players continued to deliver market needs by offering a truly global solution and the broadest array of dc circuit breakers in the industry.
Current Market Trends Covered in the Report:
• Increasing Investments in Smart Grids to Ensure Grid Stability
• Development of Smart Cities & Electric Vehicles
• Shift Toward Decentralized Power Generation & Energy Storage
• Demand for Uninterrupted Power Supply From Utilities
Global Low Voltage DC Circuit Breakers Market - Segmentation
• Air Circuit Breakers (ACB)
• Molded Case Circuit Breakers (MCCB)
• Miniature Circuit-Breakers (MCB)
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Global Low Voltage DC Circuit Breakers Market –Region
• United States
• United Kingdom
• Rest of Europe
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
• 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.
• Myers Power Products Inc.
• Powell Industries, Inc.
• Rockwell Automation, Inc.
• Schneider Electric S.E.
• Sécheron SA
• Sensata Technologies, Inc.
• Shanghai Liangxin Electrical Co., Ltd.
• Siemens AG
• TAIXI Electric Co., LTD.
• Tavrida Group
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