Press release
Circuit Breakers Market Size, Status and Forecast 2024- Siemens, Eaton Corporation,TE Connectivity and ABB
MaketStudyReport.com adds a New Circuit Breakers Market Research Report for the period of 2016-2024 that shows the growth of the market is rising at a 7.0% CAGR to 2024.Circuit Breakers Market size will exceed USD 13.5 billion by 2024.Growing demand for the modular and packaged substation primarily across commercial and industrial end users will stimulate the global circuit breakers market share during the forecast timeframe. In 2016, Qatar had awarded USD 12.4 million contract to Siemens for the supply of integrated E-House substations for Hamad Port megaproject.
Development of numerous green corridors projects for exporting electricity generated from renewable energy sources to national grids will positively impact the industry landscape. In 2014, Power Grid Corporation of India Ltd. (PGCIL) had announced the investment of over USD 7 billion to facilitate the integration of clean energy plants with the national and state grids.
Rising investments towards the renovation of conventional transmission grid infrastructure by utilities and other private participants will augment global circuit breakers market revenue. In 2015, Government of China announced a USD 315 billion investment towards the refurbishment of power grid infrastructure over the next five years. Rural electrification programs designed by countries including China, India, South Africa, and Nigeria will further influence the business outlook.
Enquiry on this Report: https://www.marketstudyreport.com/enquiry-before-buying/467906/?utm_source=OPR-PSR
LV circuit breakers market was valued over USD 1 billion for 2015. Strong investment outlook towards deployment of new low voltage substations across remote areas will augment the industry size. SF6 is expected to witness significant growth of over 10%, owing to its high dielectric strength and efficient arc quenching properties.
U.S. circuit breakers market share is anticipated to expand over 7%. Government programs to enhance the safety of existing T&D grid infrastructure coupled with the deployment of new HVDC lines for long distance power transmission will augment the industry growth
For Europe circuit breakers market, UK 2015 revenue was in excess of USD 140 million. Investment for the development of new smart grid infrastructures will complement the industry outlook.
China circuit breakers market looks set to exceed USD 2 billion by 2024. Numerous programs including China Township Electrification Program and China Village Electrification Program for providing renewable electricity to household consumers will enhance the country’s business landscape.
Get Discount on this Report: https://www.marketstudyreport.com/check-for-discount/467906/
Brazil circuit breakers market size is predicted to exceed USD 450 million by 2024. Integration renewable energy generation sources with the state and national grid will boost the demand over the forecast timeframe.
Key industry players include GE Alstom, Powell Industries, Mitsubishi Electric Corporation, BEL Fuse Inc., Schneider Electric, Toshiba, Siemens, Eaton Corporation, TE Connectivity and ABB.
Circuit breakers market research report includes in-depth coverage of the industry with estimates &forecast in terms of revenue in USD Million from 2014 to 2024, for the following segments:
Global Circuit Breakers Market, By Technology:
Air, Vacuum, Oil, SF6
Global Circuit Breakers Market, By Voltage Level:
LV, MV, HV
Global Circuit Breakers Market, By End-Use:
Power Transmission, Power Distribution
For More Details on this Report:
https://www.marketstudyreport.com/reports/circuit-breakers-market/
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
The Green Suite #4594,
Dover, DE 19901
United States
Phone: 1-201-355-0868
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
News: https://www.marketstudyreport.com/category/news-releases/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Circuit Breakers Market Size, Status and Forecast 2024- Siemens, Eaton Corporation,TE Connectivity and ABB here
News-ID: 664463 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for USD
Bone Cement Market Outlook USD 1,871.10M-USD 3,512.31M
How Is the Bone Cement Market Supporting the Rise of Modern Orthopedic Surgery?
The Bone Cement Market plays a critical role in modern orthopedic and spinal procedures, acting as a foundational material for joint replacement, fracture fixation, and vertebral stabilization. Bone cement is widely used to anchor implants, restore bone structure, and improve patient mobility-making it an essential component of musculoskeletal care.
In 2025, the global bone cement market was valued at…
Autologous Cell Therapy Market Outlook USD 9.31B-USD 54.83B
How Is the Autologous Cell Therapy Market Redefining the Future of Precision Medicine?
The Autologous Cell Therapy Market is rapidly emerging as one of the most transformative areas in modern healthcare, offering highly personalized treatment options for complex and chronic diseases. By using a patient's own cells to repair, replace, or regenerate damaged tissues, autologous cell therapy minimizes immune rejection risks while maximizing therapeutic effectiveness.
In 2025, the global autologous cell therapy…
PACS Market USD 5.59B in 2025, USD 9.73B by 2035
Picture Archiving and Communication System (PACS) Market Expands as Digital Imaging Transforms Global Healthcare
Introduction: PACS at the Core of Modern Medical Imaging
The healthcare industry is undergoing a rapid digital transformation, with medical imaging playing a critical role in diagnosis, treatment planning, and patient monitoring. At the heart of this transformation lies the Picture Archiving and Communication System (PACS)-a technology that enables the storage, retrieval, management, and sharing of medical images…
Global HEOR Market USD 1.70B-USD 6.03B
Health Economics and Outcomes Research (HEOR) Market Accelerates as Value-Based Healthcare Redefines Global Decision-Making
Introduction: The Growing Importance of HEOR in Modern Healthcare
The global healthcare industry is undergoing a profound transformation, shifting from volume-driven care models to value-based healthcare systems that prioritize patient outcomes, cost efficiency, and real-world effectiveness. At the center of this transformation lies Health Economics and Outcomes Research (HEOR)-a discipline that evaluates the economic value, clinical outcomes, and…
Foam Tape Market Outlook 2035: Industry Growth from USD USD 4.89 Billion (2025) …
The Foam Tape Market plays a vital role in modern industrial and manufacturing ecosystems. Foam tapes are pressure-sensitive adhesive products manufactured using materials such as polyurethane, polyethylene, PVC, and acrylic foam. These tapes are widely used for bonding, sealing, insulation, cushioning, vibration damping, and noise reduction across multiple industries. Their ability to replace traditional mechanical fasteners like screws, bolts, and rivets has positioned foam tapes as a preferred solution in…
Chlorella Market Reach USD 465.85 Million USD by 2030
Market Growth Fueled by Increased Adoption of Plant-Based Proteins and Health Supplements
Global Chlorella Market size was valued at USD 303.75 Mn. in 2023 and the total Chlorella revenue is expected to grow by 6.3 % from 2024 to 2030, reaching nearly USD 465.85 Mn. . The growth of the market is majorly due to increase in the consumer awareness about health, the inclination towards plant-based food such as chlorella and…
