Press release
Molded Case Circuit Breaker Market is expected to reach USD 13.73 Billion by 2030 : Cognitive Market Research
Molded Case Circuit Breaker Market is expected to reach USD 13.73 Billion by 2030 : Cognitive Market Research
What are Molded Case Circuit Breakers?
- Molded case circuit breaker is an electrical protection device type, which is used for an extensive range of frequencies and voltages. This used load present exceeds the abilities of tiny circuit breakers. Molded case circuit breaker is used in protection against electrical and overload faults in the circuit switch off and on. This is work on the magnetic element for the thermal element and short circuit release for overcurrent.
Summary:
• The Molded Case Circuit Breaker Market size was valued at USD 9.81 Billion in 2022 and will grow at a CAGR Of 5.1 % during the forecast period, reaching USD 13.73 Billion by 2030.
• Asia-Pacific has the largest revenue share in the molded-case circuit breakers market.
"To know more about The Molded Case Circuit Breaker Market statistics click here: https://www.cognitivemarketresearch.com/molded-case-circuit-breaker-market-report
Market Dynamics:
• Molded Case Circuit Breaker Market Drivers:
Increasing use of molded case circuit breakers in the several end-use including commercial, industrial, power, residential, railway transportation, and expansion of distribution and transmission networks. These are major factors likely to drive the growth of the molded case circuit breakers market. In addition, increasing the use of electronic devices for comfort in commercial and residential spaces and expenditure on smart grid solutions and clean energy technology are likely to boost the growth of the target market.
• Molded Case Circuit Breaker Market Opportunities:
Government investment in research and development activities for distribution and transmission networks due to innovation of elderly infrastructure in developed nations like Europe and the U.S. This is projected to create growth opportunities for the molded case circuit breakers market in the forecast period.
• Molded Case Circuit Breaker Market Restraints:
Molded case circuit breakers in very problematic conditions main to false trips and other kinds of failures including failure of components, insulation deterioration, and others are expected to hamper the growth of the molded case circuit breakers market. In addition, increasing variation in several applications such as generators, marinas, wind turbines, and others may restrict the growth of the molded case circuit breakers market.
Segmentation Analysis:
Product Type
• Molded-Case
• Miniature
Based on product type, the molded-case segment has the highest revenue share in the molded-case circuit breakers market. This is due to increasing demand for molded case circuit breakers to protect from circuit faulty conditions including short circuit conditions, under voltage, and overcurrent in several commercial industrial applications. This is projected to drive the demand for this segment in the target market.
Power Range
• 0-75A
• 75-250A
• 250-800A
• Above 800A
Based on the power range, the 75-250A segment has the major revenue share in the molded-case circuit breakers market. This is attributed to the increasing use of 75-250A power range molded case circuit breakers in the small manufacturing industries is propelling the demand for this segment.
End Use
• Commercial
• Power Utilities
• Residential
• Industrial
• Others
Based on end use, the power utilities segment has the largest market share in the molded-case circuit breakers market. This is owing to the increasing demand for the investment of private and power generation used and distribution facilities. In addition, increasing government investment in developing countries is expected to fuel the demand for this segment in the target market.
The Major Players in Molded Case Circuit Breaker Market are:
ABB, Schneider Electric, Fuji Electric, Legrand, Hitachi, Rockwell Automation, WEG, Chint Group, Siemens AG, General Electric, Eaton, Huayi Electric, Noark Electric
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Regional Analysis:
• Asia-Pacific accounted for the largest share of the molded-case circuit breaker market
Asia-Pacific has the largest revenue share in the molded-case circuit breakers market. This is due to the increasing construction of renewable power plants and the population and investment in the aging power generation facilities in the region. This is anticipated to drive the demand for the molded-case circuit breakers market in the region.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Molded Case Circuit Breaker Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Molded Case Circuit Breaker Market Segmentation
1.5.1 Molded Case Circuit Breaker Market Regional Fragmentation
1.5.1 Molded Case Circuit Breaker Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Molded Case Circuit Breaker Market
Chapter 4 Global Molded Case Circuit Breaker Market Overview
Chapter 5 Competitive Analysis (Subject to Availability
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Molded Case Circuit Breaker Market by Product Type Segmentation Analysis (2018-2030)
Chapter 10 Global Molded Case Circuit Breaker Market by End Use Segmentation Analysis (2018-2030)
Chapter 11 Global Molded Case Circuit Breaker Market by Power Range Segmentation Analysis (2018-2030)
Chapter 12 Global Molded Case Circuit Breaker Market Regional Analysis
Chapter 13 North America Molded Case Circuit Breaker Market Outlook (2018 - 2030)
Chapter 14 Europe Molded Case Circuit Breaker Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Molded Case Circuit Breaker Market Outlook (2018 - 2030)
Chapter 16 Latin America Molded Case Circuit Breaker Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Molded Case Circuit Breaker Market Outlook (2018 - 2030)
Chapter 18 Research Findings
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To know more Molded Case Circuit Breaker Market TOC click here: https://www.cognitivemarketresearch.com/molded-case-circuit-breaker-market-report#table_of_contents
Related Report:
• Circuit Breakers Market - https://www.cognitivemarketresearch.com/circuit-breaker-market-report
• Low Voltage Circuit Breaker Market - https://www.cognitivemarketresearch.com/low-voltage-circuit-breaker-market-report
• Circuit breaker Capacitors market - https://www.cognitivemarketresearch.com/circuit-breaker-capacitors-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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