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World Generator Circuit Breakers Market Size, Share, Forecast, 2020-2027 | Global Industry Insights, Key Segments, Top Leading Players

02-02-2021 05:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Generator circuit breakers are electrical devices used in multi-unit stations between a generator and the step-up voltage transformer where a number of relatively small generators are connected to a common bus. The primary benefit of installing a generator circuit breaker is that fault current contributions from the generator can be interrupted in very few cycles for eliminating faults in the isolated phase bus or on the step-up transformer. They are generally used at the outlet of high power generators (100MVA-1800MVA).

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Rising demand for power transmission & improved power generation equipment along with rapid industrialization are key drivers of the generator circuit breakers market. Increasing demand for more power from different industries across the globe is regarded as a market opportunity.

Furthermore, numerous many power plants in pipelines in major regions such as U.S. and Canada offer high growth opportunities for market players. However, alternate power generation projects using renewable resources such as wind, solar & photovoltaic cells are the factors hampering the growth of the market across the globe.

This report segments the world generator circuit breakers market on the basis of region, application, and types. On the basis of region, the market is further segmented into North America, Asia-Pacific, the Middle East, Europe, and the rest of the world. The North American region is further segmented into the US, Canada & Mexico.

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The major regions covered under the Asia-Pacific region are Japan, Australia, South Korea, China, and India. The Middle East segment is further segmented into UAE and Saudi Arabia, while the European region is further segmented into the U.K., Germany, Italy, Russia, and the rest of Europe. On the basis of types, the market is segmented into air blast, vacuum, SF6, and others. Based on application, the market is segmented into coal-fired power plants, natural gas power plants, nuclear power plants, among other power plants.

Key Players

Competitive analysis of key market players such as Siemens AG, ABB Ltd., Schneider Electric, Eaton Corporation, Toshiba, Alstom, and Mitsubishi Electric Corporation, among others.

GENERATOR CIRCUIT BREAKERS MARKET KEY SEGMENTS:

Generator Circuit Breakers Market By Type

Air Blast
Vacuum
SF6
Others

Generator Circuit Breakers Market By Application

Coal-Fired Power Plants
Natural Gas Power Plants
Nuclear Power Plants
Others

By Geography

North America
Europe
Asia-Pacific
LAMEA

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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