Press release
Low Voltage DC Circuit Breakers Market 2019 Analysis May Set New Growth Story, Forecast to 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. 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.To Request a Sample of our Report on Low Voltage DC Circuit Breakers Market: https://www.omrglobal.com/request-sample/low-voltage-dc-circuit-breakers-market
Some of the players operating in the global low voltage DC circuit breakers market include ABB Ltd., Eaton Corp., Hitachi Industrial Equipment Systems Co., Ltd, Larsen and Toubro ltd., Schneider Electric S.E., and Siemens AG. These players are significantly contributing to the market growth. These companies are adopting various strategies for increasing their market share.
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Low Voltage DC Circuit Breakers 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
• United States
• Canada
Europe
• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe
Asia-Pacific
• India
• China
• Japan
• Rest of APAC
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.
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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