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Vacuum Circuit Breakers Market Is Driven By Increasing Demand For Renewable Energy Sources Such As Solar | Schneider Electric SE , Eaton Corporation , Mitsubishi Electric

12-07-2023 04:01 AM CET | Energy & Environment

Press release from: Global Insight Services

Vacuum circuit breakers (VCBs) are electrical devices that are designed to interrupt the flow of electricity in a circuit in the event of an overload or short circuit. They are used in any application where reliable, high-current interruption is required. They are commonly used in high voltage power systems, such as substations, power plants, and distribution networks.

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VCBs are composed of two main components: a vacuum interrupter and a housing. The vacuum interrupter contains two electrodes, which are separated by a vacuum. When the circuit breaker is closed, an arc forms between the electrodes. When the current exceeds the rated value, the arc is extinguished by the vacuum, interrupting the circuit.

The housing of the circuit breaker is designed to contain the vacuum interrupter and provide protection from the environment. It is typically made from metal and is equipped with mechanical and electrical components. This includes contacts, terminals, and a handle for manual operation.

Key Trends

Vacuum circuit breakers (VCB) are electrical switches used to protect electrical networks from overloads or short circuits. They are designed to interrupt the flow of electricity when an overload or short circuit occurs, and then immediately resume the flow of electricity when the fault is cleared. Vacuum circuit breakers are increasingly being adopted in the electrical industry due to their high performance, reliability, and safety. They are used in a variety of applications, including industrial, commercial, and residential.

The key trends in Vacuum Circuit Breakers technology include:

Increasing Adoption of Digital Technology: Digital technology is increasingly being adopted in the VCB industry. Digital VCBs are designed to be faster and more accurate than traditional VCBs, as they use digital signals to control the switching operations. Digital VCBs also allow for remote monitoring and control, making them ideal for use in remote locations.
Growing Demand for Smart VCBs: Smart VCBs are designed to monitor and control the flow of electricity in real-time, allowing for more efficient operation. They are also equipped with sensors that can detect and respond to changes in the electrical environment. Smart VCBs are becoming increasingly popular, as they provide greater safety and reliability.
Increasing Use of High-Voltage VCBs: High-voltage VCBs are designed to handle higher voltages and currents, making them ideal for use in power grids and other large-scale applications. These VCBs are designed to be more reliable and robust than traditional VCBs, and they are becoming increasingly popular in the electrical industry.

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Key Drivers

Vacuum Circuit Breakers (VCB) are essential components of the electrical power grid. They are used to switch off power in case of a fault or overload. They are reliable, compact, and cost-effective. The global vacuum circuit breakers market is expected to grow at a CAGR of 6.3% from 2020 to 2025.

The key drivers of the Vacuum Circuit Breakers market are:

Growing demand for reliable power supply: The world is increasingly dependent on electricity for day-to-day operations. This has led to an increased demand for reliable and efficient power supply. Vacuum circuit breakers are reliable and efficient in switching off power in case of a fault or overload. This makes them attractive to power utilities and industries.
Growing demand for renewable energy: The growing demand for renewable energy sources such as solar and wind power has increased the need for efficient circuit breakers. Vacuum circuit breakers are ideal for renewable energy sources since they are compact and cost-effective. This has led to an increased demand for vacuum circuit breakers.
Increasing investment in infrastructure: Governments across the world are investing heavily in infrastructure development. This has increased the demand for reliable and efficient power supply. Vacuum circuit breakers are ideal for this purpose since they are reliable and cost-effective. This has led to an increased demand for vacuum circuit breakers.

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Market Segments

The vacuum circuit breakers market is segmented by voltage rating, application, pole configuration, and region. By voltage rating, the market is divided into low voltage (LV), medium voltage (MV), and high voltage (HV). By application, the market is bifurcated into power generation, and transmission distribution lights. By pole configuration, the market is divided into single pole, two pole, three pole, and four pole. By region, the market is classified into North America, Europe, Asia-Pacific, and rest of the world.

Key Players

The global vacuum circuit breakers market report includes players like ABB (Switzerland) , Siemens AG (Germany), Schneider Electric SE (France), Eaton Corporation (USA) , Mitsubishi Electric Corporation (Japan) , Toshiba Energy Systems & Solutions Corporation (Japan), Larsen & Toubro Limited (India) , Powell Industries, Inc. (USA) , Meidensha Corporation (Japan) , and  Crompton Greaves (India) 

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10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

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