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Low Voltage Circuit Breaker Market by Type (Miniature Circuit Breaker, Molded Case Circuit Breaker, and Air Circuit Breaker), Application (Energy Allocation, Shut-off Circuit, and Others), and End-Use Industry (Residential, Commercial, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A06639
Pages: 280
Jul 2020 | 837 Views
 
Author(s) : Saurabh Dixit, Krunal Yeware , Eswara Prasad
Tables: 113
Charts: 31
 

COVID-19

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Low Voltage Circuit Breaker Market Overview - 2027

The global low voltage circuit breaker market size was valued at $3.4 billion in 2019, and is projected to reach $4.4 billion by 2027, growing at a CAGR of 4.9% from 2020 to 2027.

Owing to COVID-19 impact, various industrial operations such as, manufacturing, renewable energy constructions, and other infrastructure installations have been temporarily shutdown. This is further expected to restrain the growth rate for the global low voltage circuit breaker market.

A low voltage circuit breaker is a type of electromechanical switch that breaks the circuit manually or automatically under abnormal conditions such as over current, over voltage, and short circuit and works up to 1,000 V voltage rating. Its basic function is to detect a fault function by interrupting continually and immediately discontinue electric flow. As compared to fuse, which operates once and needs to replace, a low voltage circuit breaker can be reset either manually or automatically to resume normal options.

Low-Voltage-Circuit-Breaker-Market-2020-2027

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The global low voltage circuit breaker market is segmented on the basis of type, application, end use industry, and region. Based on type, it is categorized into miniature circuit breaker, molded case circuit breaker, and air circuit breaker. On the basis of application, it is divided into energy allocation, shut-off circuit, and others. By end user industry, the market is fragmented into residential, commercial, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global low voltage circuit breaker industry covers in-depth information of the major participants. Some of the major players in the market include ABB, Ltd., Changshu Switchgear Mfg. Co., Ltd., People Electric Appliance Group Co., Ltd, Shanghai Delixi Group Co., Ltd, Schneider Electric SE, Eaton Corporation plc, Hager Group, Fuji Electric FA Components & Systems Co., Ltd., Hyundai Electric & Energy Systems Co., Ltd., Shanghai Liangxin Electrical Co., Ltd. (Nader), Mitsubishi Electric Corpoation, Siemens AG, Chint Group, Panasonic Corporation, Danfoss, Rockwell Automation, Inc., Circutor SA, Lovato Electric S.P.A., WEG Group, E-T-A GmbH, Carling Technologies, Inc., Schurter Holding AG, and Britec Electric.

The key players are adopting numerous strategies such as product launch and partnership to stay competitive in the low voltage circuit breaker market.

For instance, Rockwell Automation, Inc. (an industrial automation products and controls company) launched new Allen-Bradley 140 MP motor protection circuit breakers. This new device is aimed at providing short circuit protection and overload protection up to 32 A, and interrupting ratings up to 100 kA at 400V. This has enhanced the product portfolio of the company.

Low Voltage Circuit Breaker Market
By Type

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Miniature Circuit Breaker is projected as the most lucrative segment.

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Low Voltage Circuit Breaker Market, by Type

By type, the miniature circuit breaker segment held the largest market share in 2019, owing to increase in demand for miniature circuit breakers from cable protection, small motors protection, x-ray machines, UPS systems, and other residential & commercial applications.

Low Voltage Circuit Breaker Market
By Application

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Shut-Off Circuit is projected as the most lucrative segment.

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Low Voltage Circuit Breaker Market, by Application

On the basis of application, the shut-off circuit segment dominated the global market in 2019, in terms of share, attributed to increase in faulty operations in the electrical circuits such as overloading, short circuit faults, motor powered devices faults, and others in the residential, commercial, and industrial applications.

Low Voltage Circuit Breaker Market
By End-Use Industry

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Commercial is projected as the most lucrative segment.

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Low Voltage Circuit Breaker Market, by End-Use Industry

By end use industry, in 2019, the commercial segment held the largest market share, owing to increase in demand for low voltage circuit breakers from the commercial sites such as shops, complexes, malls, theatres, and other applications.

Low Voltage Circuit Breaker Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Low Voltage Circuit Breaker Market, by Region

Asia-Pacific garnered the highest share in the low voltage circuit breaker market in 2019, in terms of revenue, and is anticipated to maintain its dominance throughout the forecast period. This is attributed to numerous factors such as presence of huge consumer base and the existence of key players in the region. Moreover, presence of the developing countries such as China, Japan, Australia, and India is anticipated to contribute toward the growth of the market in Asia-Pacific. In addition, according to the International Renewable Energy Agency, China and India are in the top five renewable energy producing countries across the globe, which further increases the demand for low voltage circuit breakers in this region.

COVID-19 Impact on the Market

The worldwide spread of coronavirus has huge impact on the various industries and countries across the globe. Owing to the lockdown in each and every economy analyzed in the report and others, there is decrease in the growth rate of the industries such as construction & building, transportation, oil & gas, energy, and others. In addition, there is decrease in electricity demand from the COVID-19 affected regions since the past three months, which is expected to hamper the growth of the low voltage circuit breaker market in the next one or two years. In Europe, economies such as Germany, France, Spain, Italy, and others are following strict measures to break the spread of coronavirus in their respective regions.

Power demand falls across the globe, owing to the shutting off of the operations, manufacturing, and delay in renewable & other infrastructure installations is further expected to restrain the growth rate for the global low voltage circuit breaker market in the year 2020, and is expected to increase by the end of the first quarter of 2021.

Key Benefits For Stakeholders

  • The report includes in-depth global low voltage circuit breaker market analysis of different segments and provides market estimations between 2020 and 2027.
  • A comprehensive analysis of the factors that drive and restrict the growth of the global market is provided.
  • Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
  • Estimations and forecast are based on factors impacting the global low voltage circuit breaker market growth, in terms of value.
  • The low voltage circuit breaker market forecast analysis from 2020 to 2027 is included in the report.
  • The key market players are profiled to gain an understanding of the strategies adopted by them.
  • This report provides a detailed analysis of the current global low voltage circuit breaker market trends and future estimations from 2020 to 2027, which helps identify the prevailing market opportunities.

Key Market Segments

By Type

  • Miniature Circuit Breaker
  • Molded Case Circuit Breaker
  • Air Circuit Breaker

By Application

  • Energy Allocation
  • Shut-off Circuit
  • Others

By End-Use Industry

  • Residential
  • Commercial
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key Forces Shaping the market
3.3.Top Investment Pockets
3.4.Top Player Positioning, 2019
3.5.Top Winning Strategies

3.5.1.New product launches
3.5.2.Partnership
3.5.3.Business Expansion

3.6.Patent Analysis

3.6.1.By Region (2013-2019)
3.6.2.By Applicants (2013-2019)
3.6.3.By Inventor (2013-2019)

3.7.Market dynamics

3.7.1.Drivers

3.7.1.1.Increase in demand for electricity and need for reliable power delivery
3.7.1.2.Growth in building & construction and infrastructure activities across the globe

3.7.2.Restraints

3.7.2.1.Operational failures &harsh environments
3.7.2.2.Safety regulation regarding the product quality of circuit breaker and resulting opportunity for unorganized sector

3.7.3.Opportunities

3.7.3.1.Increase in investment on research & developments to meet future requirements of safety

3.8.Impact of CORONA (COVID-19) outbreak on the market
3.9.Parent-Peer Market Overview
3.10.UL Standards for Low Voltage Circuit Breakers

3.10.1.UL 489

3.10.1.1.Pros and Cons of UL 489 Certification
3.10.1.2.Competitive Scenario
3.10.1.3.Business Opportunity

3.10.2.UL 1077

3.10.2.1.Pros and Cons of UL 1077 Certification
3.10.2.2.Competitive Scenario
3.10.2.3.Business Opportunity

3.10.3.UL 1558

3.10.3.1.Pros and Cons of UL 1558 Certification
3.10.3.2.Competitive Scenario
3.10.3.3.Business Opportunity

3.10.4.UL 1066

3.10.4.1.Pros and Cons of UL 1077 Certification
3.10.4.2.Competitive Scenario
3.10.4.3.Business Opportunity

3.10.5.UL 508

3.10.5.1.Pros and Cons of UL 508 Certification
3.10.5.2.Competitive Scenario
3.10.5.3.Business Opportunities

3.10.6.UL 98

3.10.6.1.Pros and Cons of UL 98 Certification
3.10.6.2.Competitive Scenario
3.10.6.3.Business Opportunities

3.11.IEC Standard for Circuit Breakers

3.11.1.IEC 60898-1 / IEC 60898-2

3.11.1.1.Pros and Cons of IEC 60898-1 Certification
3.11.1.2.Pros and Cons of IEC 60898-2 Certification
3.11.1.3.Competitive Scenario
3.11.1.4.Business Opportunity

3.11.2.IEC 60934

3.11.2.1.Pros and Cons of IEC 60934 Certification
3.11.2.2.Competitive Scenario
3.11.2.3.Business Opportunity

3.11.3.IEC 60947

3.11.3.1.Pros and Cons of IEC 60947-2/ IEC 60947-3 Certification
3.11.3.2.Pros and Cons of IEC 60947-4-1/ IEC 60947-4-2 Certification
3.11.3.3.Pros and Cons of IEC 60947-5-1 Certification
3.11.3.4.Competitive Scenario
3.11.3.5.Business Opportunity

CHAPTER 4:LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Miniature circuit breaker (MCB)

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Molded case circuit breaker (MCCB)

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

4.4.Air circuit breaker

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country

CHAPTER 5:LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Energy Allocation

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Shut-off Circuit

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

5.4.Others

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market share analysis, by country

CHAPTER 6:LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS

6.1.Overview

6.1.1.Market size and forecast

6.2.Residential

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market share analysis, by country

6.3.Commercial

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market share analysis, by country

6.4.Others

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market share analysis, by country

CHAPTER 7:LOW VOLTAGE CIRCUIT BREAKER MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by Type
7.2.3.Market size and forecast, by application
7.2.4.Market size and forecast, by End users
7.2.5.Market share analysis, by country
7.2.6.U.S.

7.2.6.1.Market size and forecast, by type
7.2.6.2.Market size and forecast, by application
7.2.6.3.Market size and forecast, by end users

7.2.7.Canada

7.2.7.1.Market size and forecast, by type
7.2.7.2.Market size and forecast, by application
7.2.7.3.Market size and forecast, by end users

7.2.8.Mexico

7.2.8.1.Market size and forecast, by type
7.2.8.2.Market size and forecast, by application
7.2.8.3.Market size and forecast, by end users

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by Type
7.3.3.Market size and forecast, by application
7.3.4.Market size and forecast, by end users
7.3.5.Market share analysis, by country
7.3.6.Germany

7.3.6.1.Market size and forecast, by type
7.3.6.2.Market size and forecast, by application
7.3.6.3.Market size and forecast, by end users

7.3.7.France

7.3.7.1.Market size and forecast, by type
7.3.7.2.Market size and forecast, by application
7.3.7.3.Market size and forecast, by end users

7.3.8.Italy

7.3.8.1.Market size and forecast, by type
7.3.8.2.Market size and forecast, by application
7.3.8.3.Market size and forecast, by end users

7.3.9.Spain

7.3.9.1.Market size and forecast, by type
7.3.9.2.Market size and forecast, by application
7.3.9.3.Market size and forecast, by end users

7.3.10.UK

7.3.10.1.Market size and forecast, by type
7.3.10.2.Market size and forecast, by application
7.3.10.3.Market size and forecast, by end users

7.3.11.Rest of Europe

7.3.11.1.Market size and forecast, by type
7.3.11.2.Market size and forecast, by application
7.3.11.3.Market size and forecast, by end users

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by application
7.4.4.Market size and forecast, by end users
7.4.5.Market share analysis, by country
7.4.6.China

7.4.6.1.Market size and forecast, by type
7.4.6.2.Market size and forecast, by application
7.4.6.3.Market size and forecast, by end users

7.4.7.Japan

7.4.7.1.Market size and forecast, by type
7.4.7.2.Market size and forecast, by application
7.4.7.3.Market size and forecast, by end users

7.4.8.India

7.4.8.1.Market size and forecast, by type
7.4.8.2.Market size and forecast, by application
7.4.8.3.Market size and forecast, by end users

7.4.9.Australia

7.4.9.1.Market size and forecast, by type
7.4.9.2.Market size and forecast, by application
7.4.9.3.Market size and forecast, by end users

7.4.10.South Korea

7.4.10.1.Market size and forecast, by type
7.4.10.2.Market size and forecast, by application
7.4.10.3.Market size and forecast, by end users

7.4.11.Rest of Asia-Pacific

7.4.11.1.Market size and forecast, by type
7.4.11.2.Market size and forecast, by application
7.4.11.3.Market size and forecast, by end users

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by application
7.5.4.Market size and forecast, by end users
7.5.5.Market share analysis, by country
7.5.6.Brazil

7.5.6.1.Market size and forecast, by type
7.5.6.2.Market size and forecast, by application
7.5.6.3.Market size and forecast, by end users

7.5.7.Saudi Arabia

7.5.7.1.Market size and forecast, by type
7.5.7.2.Market size and forecast, by application
7.5.7.3.Market size and forecast, by end users

7.5.8.South Africa

7.5.8.1.Market size and forecast, by type
7.5.8.2.Market size and forecast, by application
7.5.8.3.Market size and forecast, by end users

7.5.9.Rest of LAMEA

7.5.9.1.Market size and forecast, by type
7.5.9.2.Market size and forecast, by application
7.5.9.3.Market size and forecast, by end users

CHAPTER 8:COMPANY PROFILES

8.1.ABB LTD.

8.1.1.Company Description
8.1.2.Product portfolio
8.1.3.Role in the Low Voltage Circuit Breaker Market
8.1.4.Key strategic moves and developments
8.1.5.Impact of Key Strategies on Organizational Growth

8.2.CHANGSHU SWITCHGEAR MFG. CO., LTD.

8.2.1.Company overview
8.2.2.Product portfolio
8.2.3.Role in Low Voltage Circuit Breaker Market
8.2.4.Key strategic moves and developments
8.2.5.Impact of Key Strategies on Organizational Growth

8.3.PEOPLE ELECTRIC APPLIANCE GROUP CO., LTD

8.3.1.Company overview
8.3.2.Product portfolio
8.3.3.Role in Low Voltage Circuit Breaker Market
8.3.4.Key strategic moves and developments
8.3.5.Impact of Key Strategies on Organizational Growth

8.4.SHANGHAI DELIXI GROUP CO., LTD.

8.4.1.Company overview
8.4.2.Product portfolio
8.4.3.Role in Low Voltage Circuit Breaker Market
8.4.4.Key strategic moves and developments
8.4.5.Impact of Key Strategies on Organizational Growth

8.5.SCHNEIDER ELECTRIC SE

8.5.1.Company overview
8.5.2.Product portfolio
8.5.3.Role in Low Voltage Circuit Breaker Market
8.5.4.Key strategic moves and developments
8.5.5.Impact of Key Strategies on Organizational Growth

8.6.EATON CORPORATION PLC

8.6.1.Company overview
8.6.2.Product portfolio
8.6.3.Role in Low Voltage Circuit Breaker Market
8.6.4.Key strategic moves and developments
8.6.5.Impact of Key Strategies on Organizational Growth

8.7.HAGER GROUP

8.7.1.Company overview
8.7.2.Product portfolio
8.7.3.Role in Low Voltage Circuit Breaker Market
8.7.4.Key strategic moves and developments

8.8.FUJI ELECTRIC FA COMPONENTS & SYSTEMS CO., LTD.

8.8.1.Company overview
8.8.2.Product portfolio
8.8.3.Role in Low Voltage Circuit Breaker Market
8.8.4.Key strategic moves and developments
8.8.5.Impact of Key Strategies on Organizational Growth

8.9.HYUNDAI ELECTRIC & ENERGY SYSTEMS CO., LTD.

8.9.1.Company overview
8.9.2.Product portfolio
8.9.3.Role in Low Voltage Circuit Breaker Market
8.9.4.Key strategic moves and developments
8.9.5.Impact of Key Strategies on Organizational Growth

8.10.SHANGHAI LIANGXIN ELECTRICAL CO., LTD. (NADER)

8.10.1.Company overview
8.10.2.Product portfolio
8.10.3.Role in Low Voltage Circuit Breaker Market
8.10.4.Key strategic moves and developments
8.10.5.Impact of Key Strategies on Organizational Growth

8.11.SIEMENS AG

8.11.1.Company overview-
8.11.2.Product portfolio
8.11.3.Role in Low Voltage Circuit Breaker Market
8.11.4.Key strategic moves and developments
8.11.5.Impact of Key Strategies on Organizational Growth

8.12.CHINT GROUP

8.12.1.Company overview
8.12.2.Product portfolio
8.12.3.Role in Low Voltage Circuit Breaker Market
8.12.4.Key strategic moves and developments
8.12.5.Impact of Key Strategies on Organizational Growth

8.13.PANASONIC CORPORATION

8.13.1.Company overview-
8.13.2.Product portfolio
8.13.3.Role in Low Voltage Circuit Breaker Market
8.13.4.Key strategic moves and developments

8.14.DANFOSS

8.14.1.Company overview-
8.14.2.Product portfolio
8.14.3.Role in Low Voltage Circuit Breaker Market
8.14.4.Key strategic moves and developments
8.14.5.Impact of Key Strategies on Organizational Growth

8.15.ROCKWELL AUTOMATION, INC.

8.15.1.Company overview-
8.15.2.Product portfolio
8.15.3.Role in Low Voltage Circuit Breaker Market
8.15.4.Key strategic moves and developments
8.15.5.Impact of Key Strategies on Organizational Growth

8.16.CIRCUTOR, SA

8.16.1.Company overview-
8.16.2.Product portfolio
8.16.3.Role in Low Voltage Circuit Breaker Market
8.16.4.Key strategic moves and developments

8.17.LOVATO ELECTRIC, S.P.A.

8.17.1.Company overview-
8.17.2.Product portfolio
8.17.3.Role in Low Voltage Circuit Breaker Market
8.17.4.Key strategic moves and developments
8.17.5.Impact of Key Strategies on Organizational Growth

8.18.WEG GROUP

8.18.1.Company overview-
8.18.2.Product portfolio
8.18.3.Role in Low Voltage Circuit Breaker Market
8.18.4.Key strategic moves and developments
8.18.5.Impact of Key Strategies on Organizational Growth

8.19.E-T-A GMBH

8.19.1.Company overview-
8.19.2.Product portfolio
8.19.3.Role in Low Voltage Circuit Breaker Market
8.19.4.Key strategic moves and developments
8.19.5.Impact of Key Strategies on Organizational Growth

8.20.CARLING TECHNOLOGIES, INC.

8.20.1.Company overview-
8.20.2.Product portfolio
8.20.3.Role in Low Voltage Circuit Breaker Market
8.20.4.Key strategic moves and developments
8.20.5.Impact of Key Strategies on Organizational Growth

8.21.SCHURTER HOLDING AG

8.21.1.Company overview
8.21.2.Product portfolio
8.21.3.Role in Low Voltage Circuit Breaker Market
8.21.4.Key strategic moves and developments
8.21.5.Impact of Key Strategies on Organizational Growth

8.22.MITSUBISHI ELECTRIC CORPORATION

8.22.1.Company overview
8.22.2.Product portfolio
8.22.3.Role in Low Voltage Circuit Breaker Market
8.22.4.Key strategic moves and developments

LIST OF TABLES

TABLE 01.KEY NEW PRODUCT LAUNCHES (2016-2020)
TABLE 02.KEY PARTNERSHIP (2016-2020)
TABLE 03.KEY BUSINESS EXPANSION (2016-2020)
TABLE 01.GLOBAL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 02.LOW VOLTAGE CIRCUIT BREAKER MARKET FOR MINIATURE CIRCUIT BREAKER, BY REGION, 2019–2027 ($MILLION)
TABLE 03.LOW VOLTAGE CIRCUIT BREAKER MARKET FOR MOLDED CASE CIRCUIT BREAKER, BY REGION, 2019–2027 ($MILLION)
TABLE 04.LOW VOLTAGE CIRCUIT BREAKER MARKET FOR AIR CIRCUIT BREAKERS, BY REGION, 2019–2027 ($MILLION)
TABLE 05.GLOBAL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 06.LOW VOLTAGE CIRCUIT BREAKER MARKET FOR ENERGY ALLOCATION, BY REGION, 2019–2027 ($MILLION)
TABLE 07.LOW VOLTAGE CIRCUIT BREAKER MARKET FOR SHUT-OFF CIRCUIT, BY REGION, 2019–2027 ($MILLION)
TABLE 08.LOW VOLTAGE CIRCUIT BREAKER MARKET FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 09.GLOBAL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 10.LOW VOLTAGE CIRCUIT BREAKER MARKET FOR RESIDENTIAL, BY REGION, 2019–2027 ($MILLION)
TABLE 11.LOW VOLTAGE CIRCUIT BREAKER MARKET FOR COMMERCIAL, BY REGION, 2019–2027 ($MILLION)
TABLE 12.LOW VOLTAGE CIRCUIT BREAKER MARKET FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 13.GLOBAL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 14.NORTH AMERICA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 15.NORTH AMERICA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 16.NORTH AMERICA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 17.NORTH AMERICA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 18.THE U.S. LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 19.THE U.S. LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 20.THE U.S. LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 21.CANADA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 22.CANADA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 23.CANADA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 24.MEXICO LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 25.MEXICO LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 26.MEXICO LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 27.EUROPE LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 28.EUROPE LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 29.EUROPE LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 30.EUROPE LOW VOLTAGE CIRCUIT BREAKER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 31.GERMANY LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 32.GERMANY LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 33.GERMANY LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 34.FRANCE LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 35.FRANCE LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 36.FRANCE LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 37.ITALY LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 38.ITALY LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 39.ITALY LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 40.SPAIN LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 41.SPAIN LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 42.SPAIN LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 43.UK LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 44.UK LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 45.UK LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 46.REST OF EUROPE LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 47.REST OF EUROPE LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 48.REST OF EUROPE LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 49.ASIA-PACIFIC LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 50.ASIA-PACIFIC LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 51.ASIA-PACIFIC LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 52.ASIA-PACIFIC LOW VOLTAGE CIRCUIT BREAKER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 53.CHINA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 54.CHINA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 55.CHINA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 56.JAPAN LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 57.JAPAN LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 58.JAPAN LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 59.INDIA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 60.INDIA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 61.INDIA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 62.AUSTRALIA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 63.AUSTRALIA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 64.AUSTRALIA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 65.SOUTH KOREA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 66.SOUTH KOREA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 67.SOUTH KOREA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 68.REST OF ASIA-PACIFIC LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 69.REST OF ASIA-PACIFIC LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 70.REST OF ASIA-PACIFIC LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 71.LAMEA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 72.LAMEA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 73.LAMEA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 74.LAMEA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 75.BRAZIL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 76.BRAZIL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 77.BRAZIL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 78.SAUDI ARABIA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 79.SAUDI ARABIA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 80.SAUDI ARABIA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 81.SOUTH AFRICA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 82.SOUTH AFRICA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 83.SOUTH AFRICA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 84.REST OF LAMEA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 85.REST OF LAMEA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 86.REST OF LAMEA LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027 ($MILLION)
TABLE 87.ABB: PRODUCT PORTFOLIO
TABLE 88.ABB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 89.CHANGSHU: PRODUCT PORTFOLIO
TABLE 90.CHANGSHU: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 91.PEOPLE ELECTRIC: PRODUCT PORTFOLIO
TABLE 92.DELIXI: PRODUCT PORTFOLIO
TABLE 93.SCHNEIDER ELECTRIC: PRODUCT PORTFOLIO
TABLE 94.SCHNEIDER ELECTRIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 95.EATON CORPORATION: PRODUCT PORTFOLIO
TABLE 96.EATON CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS227
TABLE 97.HAGER GROUP: PRODUCT PORTFOLIO
TABLE 98.FUJI ELECTRIC: PRODUCT PORTFOLIO
TABLE 99.HYUNDAI ELECTRIC: PRODUCT PORTFOLIO
TABLE 100.NADER: PRODUCT PORTFOLIO
TABLE 101.SIEMENS AG: PRODUCT PORTFOLIO
TABLE 102.SIEMENS AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 103.CHINT GROUP: PRODUCT PORTFOLIO
TABLE 104.PANASONIC CORPORATION: PRODUCT PORTFOLIO
TABLE 105.DANFOSS: PRODUCT PORTFOLIO
TABLE 106.ROCKWELL AUTOMATION: PRODUCT PORTFOLIO
TABLE 107.CIRCUTOR SA: PRODUCT PORTFOLIO
TABLE 108.LOVATO ELECTRIC, S.P.A.: PRODUCT PORTFOLIO
TABLE 109.WEG GROUP: PRODUCT PORTFOLIO
TABLE 110.E-T-A GMBH: PRODUCT PORTFOLIO
TABLE 111.CARLING TECHNOLOGIES, INC.: PRODUCT PORTFOLIO
TABLE 112.SCHURTER: PRODUCT PORTFOLIO
TABLE 113.MITSUBISHI ELECTRIC: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.TOP INVESTMENT POCKETS
FIGURE 03.MARKET PLAYER POSITIONING, 
FIGURE 04.PATENT ANALYSIS, BY REGION
FIGURE 05.PATENT ANALYSIS, BY APPLICANTS
FIGURE 06.PATENT ANALYSIS, BY INVENTOR
FIGURE 07.LOW VOLTAGE CIRCUIT BREAKER MARKET DYNAMICS
FIGURE 08.PARENT-PEER MARKET OVERVIEW
FIGURE 01.GLOBAL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE, 2019–2027
FIGURE 02.COMPARATIVE ANALYSIS OF LOW VOLTAGE MINIATURE CIRCUIT BREAKER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 03.COMPARATIVE ANALYSIS OF LOW VOLTAGE CIRCUIT BREAKER MARKET FOR MOLDED CASE CIRCUIT BREAKER, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 04.COMPARATIVE ANALYSIS OF LOW VOLTAGE CIRCUIT BREAKER MARKET FOR AIR CIRCUIT BREAKER, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 05.GLOBAL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION, 2019–2027
FIGURE 06.COMPARATIVE ANALYSIS OF LOW VOLTAGE CIRCUIT BREAKER MARKET FOR ENERGY ALLOCATION,  BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 07.COMPARATIVE ANALYSIS OF LOW VOLTAGE CIRCUIT BREAKER MARKET FOR SHUT-OFF CIRCUIT, 
BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 08.COMPARATIVE ANALYSIS OF LOW VOLTAGE CIRCUIT BREAKER MARKET FOR OTHERS, 
BY COUNTRY,  2019 & 2027 ($MILLION)
FIGURE 09.GLOBAL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY END USERS, 2019–2027
FIGURE 10.COMPARATIVE ANALYSIS OF LOW VOLTAGE CIRCUIT BREAKER MARKET FOR RESIDENTIAL, 
BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 11.COMPARATIVE ANALYSIS OF LOW VOLTAGE CIRCUIT BREAKER MARKET FOR COMMERCIAL, 
BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 12.COMPARATIVE ANALYSIS OF LOW VOLTAGE CIRCUIT BREAKER MARKET FOR OTHERS, 
BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 13.U.S. LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 14.CANADA LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 15.MEXICO LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 16.GERMANY LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 17.FRANCE LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 18.ITALY LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 19.SPAIN LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 20.UK LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 21.REST OF EUROPE LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 22.CHINA LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 23.JAPAN LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 24.INDIA LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 25.AUSTRALIA LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 26.SOUTH KOREA LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 27.REST OF ASIA-PACIFIC LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 28.BRAZIL LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 29.SAUDI ARABIA LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 30.SOUTH AFRICA LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 31.REST OF LAMEA LOW VOLTAGE CIRCUIT BREAKER MARKET REVENUE, 2019–2027 ($MILLION)

 
 

Rapid growth in the building & construction in residential sectors is the key factor attributed to the leading position of Asia-Pacific region in the global low voltage circuit breaker market. The Asia-Pacific region is further expected to provide lucrative opportunities to leading low voltage circuit breaker manufacturers, owing to its huge potential to set up manufacturing plants and surge in demand for circuit breakers from residential and commercial applications.

Increase in demand for reliable & continuous power supply and safety for electrical circuits are the key factors driving the growth of the global low voltage circuit breaker market during the forecast period. However, safety regulation regarding the product quality of circuit breaker and resulting opportunity for unorganized sector is the key factor hampering the growth of the market. On the contrary, increase in investment toward R&D to meet future requirements of safety in the smart grid infrastructures is expected to create lucrative opportunity for the key players to maintain the pace in the low voltage circuit breaker market in the upcoming years. Among the analyzed geographical regions, Asia-Pacific is likely to account for the highest revenue in the market throughout the forecast period, followed by North America, Europe, and LAMEA.

The upcoming decade is all about energy management and establishment of smart and intelligent electric infrastructure. In line with this vision, key industry leaders are planning to develop their product portfolio that will be compatible to smart infrastructure. This further means that transition toward smart and intelligent infrastructure in the coming decade is expected to play vital in the development of new age low voltage circuit breakers.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. In terms of revenue growth, the CAGR of the global low voltage circuit breaker market is 4.9% by 2027.

A. Increase in investment on research & developments to meet future requirements of safety is the key trend in the low voltage circuit breaker market.

A. To get latest version of low voltage circuit breaker market report can be obtained on demand from the website.

A. The potential customers of the low voltage circuit breaker market are residential, commercial & small industrial and others.

A. The applications of the low voltage circuit breaker market are in household, commercial complexes, small industrial applications and others.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. On the basis of type, miniature circuit breaker segment will drive the low voltage circuit breaker market growth during the forecast period. On the basis of application, shut-off circuit segment will drive the growth of the low voltage circuit breaker market. On the basis of end use industry, commercial industry will propel the growth of the market.

A. Top players in the low voltage circuit breaker market are ABB Ltd., Schneider Electric SE, Mitsubishi Electric Corporation, Eaton Corporation plc, Siemens AG, Rockwell Automation, Inc., People Electric Appliance Group Co., Ltd., Panasonic Corporation, Chint Group, Fuji Electric FA Components & Systems Co., Ltd., Hyundai Electric & Energy Systems Co., Ltd., and Schurter Company.

A. In terms of revenue, the market size of low voltage circuit breaker market is anticipated to reach $4.4 billion by 2027, growing at CAGR of 4.9% from 2020 to 2027.

A. Asia-Pacific will provide business opportunities for low voltage circuit breaker market during the forecast period. This is attributed to the huge consumer base, increase in building & construction activities in the residential sector, high demand for uninterrupted and reliable power supply from consumers.

 

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