Low-Voltage Circuit Breakers Market Research Report: by Type (Miniature Circuit Breaker (MCB), Molded-case Circuit Breaker (MCCB), Air Circuit Breaker (ACB)), by Application (Energy Allocation, Shut-off Circuit, Others), and Region – Forecast to 2023
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Report Overview
The low-voltage circuit breakers market report consists of insights and upcoming trends likely to impact the decisions of product manufacturers. It is broken down into various segments on the basis of type and application with a granular analysis given with respect to trends. Regional analysis as well as their contribution to the market is noted. Opportunities, threats, and other factors having an influnece on the market are written in detail. Profiles of players and various strategies considered by them to maintain their status quo are assessed.
Market Research Future (MRFR) has announced a new release on the global low-voltage circuit breaker market. The global low-voltage circuit breakers market is expected to rise to a value of USD 1657.2 million by 2023, growing at a 4.54% CAGR over the forecast period. Dynamic analysis of the market is provided in the report to explain the role of the various factors working to create this movement in the global low-voltage circuit breakers market. Various economic factors affecting the market are profiled in the report, including a detailed elaboration on the market’s key growth drivers and restraints.
Competitive Analysis:
Leading players in the global low-voltage circuit breakers market include ABB, Schneider Electric, Mitsubishi Electric Corporation, Siemens AG, Eaton, Shanghai Liangxin Electrical Co. Ltd., Delixi, HangShen Electric, CHINT Group, Hyundai Electric and Energy Systems Co. Ltd., Fuji Electric FA Components and Systems Co. Ltd., Changshu Switchgear Mfg Co. ltd., Hager Group, Shanghai Electric Co. Ltd. (People’s Electric Appliance Factory).
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Segmental Overview
The global low-voltage circuit breakers market is segmented on the basis of type, application, and region.
By type, the global low-voltage circuit breakers market is segmented into molded-case circuit breaker (MCCB), miniature circuit breaker (MCB), and air circuit breaker (ACB).
By application, the global low-voltage circuit breakers market is segmented into energy allocation, automatic circuit shutoff, and others.
Regional Analysis:
The global low-voltage circuit breakers market is segmented by region into North America, Central and South America, Europe, the Middle East and Africa, and Asia Pacific.
Asia Pacific is likely to be the major regional segment of the global low-voltage circuit breakers market over the forecast period. The growing economic landscape in emerging APAC countries is likely to be a major driver for the global low-voltage circuit breaker market, as the number of urban users in Asia Pacific is increasing rapidly. This is likely to be a major driver for the low-voltage circuit breakers market in the region, as urban users demand more sophisticated electrical grid networking in residential as well as commercial applications.
Europe and North America are also likely to remain key contributors to the global low-voltage circuit breakers market over the forecast period due to the growing demand for renovation of the electricity grid infrastructure, which is likely to lead to a rising demand for advanced devices such as low-voltage circuit breakers.
List of Tables
Table 1 Market Synopsis
Table 2 List Of Assumptions
Table 3 Distributors/Traders List
Table 4 Manufacturing Cost Structure Of Low-Voltage Circuit Breakers
Table 5 Global Low Voltage Circuit Breaker Market Share, By Type, 2016-2023 (USD Million)
Table 6 Global Low Voltage Circuit Breaker Market, By Application, 2016-2023 (USD Million)
Table 7 Global Low Voltage Circuit Breaker Market, By Country, 2016-2023 (USD Million)
Table 8 North America: Low Voltage Circuit Breaker Market, By Country, 2016-2023 (USD Million)
Table 9 North America: Low Voltage Circuit Breaker Market, By Type, 2016-2023 (USD Million)
Table 10 North America: Low Voltage Circuit Breaker Market, By Application, 2016-2023 (USD Million)
Continue…
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Release ID: 510795
