AC Circuit Breaker Market Report: Trends, Forecast and Competitive Analysis to 2030

AC Circuit Breaker Trends and Forecast

The future of the global AC circuit breaker market looks promising with opportunities in the transmission & distribution utilities, power generation, and industrial markets. The global AC circuit breaker market is expected to reach an estimated $4.7 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are growing investments in industrial manufacturing, rising demand for power in urban and rural regions, and increasing number of households installing air conditioners across emerging economies.

A more than 150-page report is developed to help in your business decisions.

AC Circuit Breaker by Segment

The study includes a forecast for the global AC circuit breaker by insulation type, voltage, installation, end use industry, and region.

AC Circuit Breaker Market by Insulation Type [Shipment Analysis by Value from 2018 to 2030]:

• Gas
• Vacuum
• Air
• Oil

AC Circuit Breaker Market by Voltage [Shipment Analysis by Value from 2018 to 2030]:

• High
• Medium
• Very High

AC Circuit Breaker Market by Installation [Shipment Analysis by Value from 2018 to 2030]:

• Indoor
• Outdoor

AC Circuit Breaker Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Transmission & Distribution Utilities
• Power Generation
• Industrial
• Others

AC Circuit Breaker Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of AC Circuit Breaker Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies AC circuit breaker companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AC circuit breaker companies profiled in this report include-

• ABB
• Eaton Corporation
• Siemen
• Schneider Electric
• General Electric Company
• Mitsubishi Electric Corporation
• Rockwell Automation
• Powell Industries
• Toshiba Corporation
• Alstom

AC Circuit Breaker Market Insights

Lucintel forecasts that outdoor will remain the larger segment over the forecast period because of growing need for circuit breakers to be installed outdoors to ensure the safety of electrical equipment and circuits in utility and industrial settings, as well as, rapid expansion of the renewable energy industry.

Within this market, industrial will remain the highest growing segment over the forecast period due to rising electricity demand and expanding number of manufacturing facilities, along with the end use sectors necessitate dependable backup power and a continuous energy supply.

APAC will remain the largest region over the forecast period due to increasing need for electricity in remote regions, rising demand for the incorporation of renewable energy sources, as well as growing demand for electricity in countries like china and india.

Features of the Global AC Circuit Breaker Market

Market Size Estimates: AC circuit breaker market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: AC circuit breaker market size by insulation type, voltage, installation, end use industry, and region. in terms of value ($B).

Regional Analysis: AC circuit breaker market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different insulation type, voltage, installation, end use industry, and region.s for the AC circuit breaker market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AC circuit breaker market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the AC circuit breaker market size?

Answer: The global AC circuit breaker market is expected to reach an estimated $4.7 billion by 2030.

Q.2. What is the growth forecast for AC circuit breaker market?

Answer: The global AC circuit breaker market is expected to grow with a CAGR of 6.2% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the AC circuit breaker market?

Answer: The major drivers for this market are growing investments in industrial manufacturing, rising demand for power in urban and rural regions, and increasing number of households installing air conditioners across emerging economies .

Q.4. What are the major segments for AC circuit breaker market?

Answer: The future of the AC circuit breaker market looks promising with opportunities in the transmission & distribution utilities, power generation, and industrial markets.

Q.5. Who are the key AC circuit breaker market companies?

Answer: Some of the key AC circuit breaker companies are as follows:

• ABB
• Eaton Corporation
• Siemen
• Schneider Electric
• General Electric Company
• Mitsubishi Electric Corporation
• Rockwell Automation
• Powell Industries
• Toshiba Corporation
• Alstom

Q.6. Which AC circuit breaker market segment will be the largest in future?

Answer: Lucintel forecasts that outdoor will remain the larger segment over the forecast period due to growing need for circuit breakers to be installed outdoors to ensure the safety of electrical equipment and circuits in utility and industrial settings, as well as, rapid expansion of the renewable energy industry.

Q.7. In AC circuit breaker market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to increasing need for electricity in remote regions, rising demand for the incorporation of renewable energy sources, as well as growing demand for electricity in countries like china and india.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the AC circuit breaker market by insulation type (gas, vacuum, air, and oil), voltage (high, medium, and very high), installation (indoor and outdoor), end use industry (transmission & distribution utilities, power generation, industrial, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?