Low-Voltage Circuit Breakers Market Forecast to 2030

List of Tables

Market Overview

Low-Voltage Circuit Breakers Market is anticipated to register a CAGR of 4.54% during the forecast period.

The expanded utilization of elective energy sources, especially solar power, considerably affects the market CAGR for low-voltage circuit breakers. The market is expected to develop as sunlight-based power age, one of the greenest sorts of energy creating, turns out to be more famous. A few states have created invaluable strategies to help the improvement of solar power infrastructure. Low voltage circuit breakers safeguard a planetary group at each stage, from combiner boxes through AC and DC inverters and primary boards.

Circuit breakers have turned into a fundamental part of electrical organizations in homes and organizations, enterprises, and utility-scale lattices. Due to the expanded urbanization and modernisation, electrical exchanging gadgets are introduced in each home, work environment, and other structure. Subsequently, continuous endeavors are made to advance a more secure climate.

Besides, a few emerging nations have zap programs set up to interface rustic regions to the power matrix. Different nations are likewise endeavouring to coordinate various framework zones to lay out a uber public lattice. These electrical exchanging gadgets are broadly utilized in transmission and dispersion lines to safeguard the power framework against electrical issues. For example, in June 2021, the World Bank funded more than US$ 2.3 billion in infrastructure and changes to help the West Africa Power Pool, which is seen as crucial to accomplishing general admittance to power in the 15 nations of the Monetary People group of West African States by 2030. Consequently, driving the Low-Voltage Circuit Breakers Market revenue.

Market Segmentation

The Low-Voltage Circuit Breakers Market is classified into Miniature Circuit Breaker (MCB), Molded-case Circuit Breaker (MCCB), Air Circuit Breaker (ACB), based on type.

Based on application the market is classified into energy allocation, shut-off circuit and others.

Regional Insights

The Asia Pacific Low-Voltage Circuit Breakers Market region will overwhelm this market, inferable from its significant portion of 41.42% and a at a CAGR of 7.3% in future. The developing reception of elective energy age sources like breeze and sun oriented, which require enormous uses in dissemination and transmission, is making market potential.

Europe Low-Voltage Circuit Breakers Market represents the second-biggest market share owing to the modernizing and robotization of contemporary associations here. Further, the German Low-Voltage Circuit Breakers Market held the biggest market share, and the UK Low-Voltage Circuit Breakers Market was the quickest developing market in the European region.

The North America Low-Voltage Circuit Breakers Market is supposed to develop at the quickest CAGR during the review period. This is because of expanded energy use and high requirement for energy capacity.

Major Players

Major players in the low voltage power circuit breaker Market are Hyundai Electric & Energy Systems Co., Ltd. (South Korea), HangShen Electric (China), Fuji Electric FA Components & Systems Co. Ltd. (Japan), CHINT Group (China), and others.

Product Code: MRFR/E&P/5462-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION 15
2.2 SCOPE OF THE STUDY 15
2.3 MARKET STRUCTURE 15

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 17
3.2 PRIMARY RESEARCH 18
3.3 SECONDARY RESEARCH 19
3.4 MARKET SIZE ESTIMATION 20
3.5 LIST OF ASSUMPTIONS 21

4 MARKET DYNAMICS

4.1 DRIVERS 23
- 4.1.1 GROWING RESIDENTIAL AND SMALL-SCALE COMMERCIAL CONSTRUCTION 23
- 4.1.2 INCREASED SPENDING ON ELECTRIC DISTRIBUTION SYSTEMS IN THE US 24
- 4.1.3 DRIVER IMPACT ANALYSIS 26
4.2 RESTRAINT 26
- 4.2.1 COMPETITION FROM THE UNORGANIZED SECTOR 26
4.3 OPPORTUNITY 27
- 4.3.1 RISING DEMAND FOR ELECTRICITY IN AFRICA 27
4.4 SUPPLY CHAIN ANALYSIS 28
- 4.4.1 DESIGN AND DEVELOPMENT 28
- 4.4.2 RAW MATERIAL SUPPLY 28
- 4.4.3 MANUFACTURING AND ASSEMBLY 28
- 4.4.4 SUPPLY AND DISTRIBUTION 29
- 4.4.5 END USE 29
4.5 PORTER'S FIVE FORCES MODEL 29
- 4.5.1 THREAT OF NEW ENTRANTS 30
- 4.5.2 BARGAINING POWER OF SUPPLIERS 30
- 4.5.3 BARGAINING POWER OF BUYERS 30
- 4.5.4 THREAT OF SUBSTITUTES 30
- 4.5.5 INTENSITY OF RIVALRY 30
4.6 MARKET POSITIONING 30
- 4.6.1 PRICING STRATEGY 30
- 4.6.2 BRAND STRATEGY 31
4.7 MARKET EFFECT FACTOR ANALYSIS 32
- 4.7.1 TECHNOLOGY PROGRESS/RISK 32
- 4.7.2 CONSUMER NEEDS/ CUSTOMER PREFERENCE CHANGE 32
- 4.7.3 ECONOMIC & ENVIRONMENTAL CHANGE 32
4.8 MARKETING CHANNEL IN THE GLOBAL LOW-VOLTAGE CIRCUIT BREAKER MARKET 33

5 MANUFACTURING PROCESS

5.1 MANUFACTURING COST STRUCTURE 35
5.2 MANUFACTURING PROCESS ANALYSIS OF LOW-VOLTAGE CIRCUIT BREAKERS 35
- 5.2.1 LOW-VOLTAGE CIRCUIT BREAKER MANUFACTURING PROCESS 35
- 5.2.2 PREFABRICATION 36
- 5.2.3 MOUNTING AND WIRING WORK 36
- 5.2.4 ASSEMBLY 36
- 5.2.5 QA TESTING 36
- 5.2.6 FINISHING 36

6 GLOBAL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY TYPE

6.1 OVERVIEW 38
- 6.1.1 MINIATURE CIRCUIT BREAKER (MCB) 39
- 6.1.2 MOLDED-CASE CIRCUIT BREAKER (MCCB) 39
- 6.1.3 AIR CIRCUIT BREAKER (ACB) 39

7 GLOBAL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY APPLICATION

7.1 OVERVIEW 41
- 7.1.1 ENERGY ALLOCATION 42
- 7.1.2 SHUT-OFF CIRCUIT 42
- 7.1.3 OTHERS 42

8 GLOBAL LOW VOLTAGE CIRCUIT BREAKER MARKET, BY REGION

8.1 OVERVIEW 44
8.2 NORTH AMERICA 45
- 8.2.1 US 46
- 8.2.2 CANADA 47
- 8.2.3 MEXICO 48
8.3 EUROPE 50
- 8.3.1 GERMANY 52
- 8.3.2 FRANCE 53
- 8.3.3 RUSSIA 54
- 8.3.4 SPAIN 55
- 8.3.5 UK 56
- 8.3.6 ITALY 57
- 8.3.7 REST OF EUROPE 58
8.4 ASIA PACIFIC 59
- 8.4.1 CHINA 61
- 8.4.2 JAPAN 62
- 8.4.3 AUSTRALIA 63
- 8.4.4 SOUTH KOREA 64
- 8.4.5 INDIA 65
- 8.4.6 REST OF ASIA PACIFIC 66
8.5 MIDDLE EAST & AFRICA 67
- 8.5.1 SAUDI ARABIA 69
- 8.5.2 SAUDI AFRICA 70
- 8.5.3 REST OF MIDDLE EAST & AFRICA 71
8.6 CENTRAL & SOUTH AMERICA 72
- 8.6.1 BRAZIL 74
- 8.6.2 ARGENTINA 75
- 8.6.3 REST OF CENTRAL & SOUTH AMERICA 76

9 COMPETITIVE LANDSCAPE

9.1 COMPETITIVE SCENARIO 78
9.2 MARKET SHARE ANALYSIS 78

10 COMPANY PROFILES

10.1 ABB 80
- 10.1.1 PRODUCTS/SERVICES OFFERED 81
- 10.1.2 FINANCIAL OVERVIEW 83
- 10.1.3 SWOT ANALYSIS 83
- 10.1.4 STRATEGIES 83
10.2 SCHNEIDER ELECTRIC 84
- 10.2.1 PRODUCTS/SERVICES OFFERED 85
- 10.2.2 FINANCIAL OVERVIEW 86
- 10.2.3 SWOT ANALYSIS 86
- 10.2.4 STRATEGIES 86
10.3 MITSUBISHI ELECTRIC CORPORATION 87
- 10.3.1 PRODUCT/SERVICES OFFERED 88
- 10.3.2 FINANCIAL OVERVIEW 89
- 10.3.3 SWOT ANALYSIS 89
- 10.3.4 STRATEGIES 89
10.4 SIEMENS AG 90
- 10.4.1 PRODUCT/SERVICES OFFERED 91
- 10.4.2 FINANCIAL OVERVIEW 91
- 10.4.3 SWOT ANALYSIS 92
- 10.4.4 STRATEGIES 92
- 10.4.5 EATON 93
- 10.4.6 PRODUCTS/SERVICES OFFERED 94
- 10.4.7 FINANCIAL OVERVIEW 94
- 10.4.8 SWOT ANALYSIS 94
- 10.4.9 STRATEGIES 94
10.5 SHANGHAI LIANGXIN ELECTRICAL CO., LTD 95
- 10.5.1 PRODUCTS/SERVICES OFFERED 96
- 10.5.2 FINANCIAL OVERVIEW 98
10.6 DELIXI 99
- 10.6.1 PRODUCTS/SERVICES OFFERED 100
- 10.6.2 FINANCIAL OVERVIEW 101
10.7 HANGSHEN ELECTRIC 102
- 10.7.1 PRODUCTS/SERVICES OFFERED 103
- 10.7.2 FINANCIAL OVERVIEW 103
10.8 CHINT GROUP 104
- 10.8.1 PRODUCTS/SERVICES OFFERED 105
- 10.8.2 FINANCIAL OVERVIEW 105
10.9 HYUNDAI ELECTRIC & ENERGY SYSTEMS CO., LTD 106
- 10.9.1 PRODUCT/SERVICES OFFERED 107
- 10.9.2 FINANCIAL OVERVIEW 107
10.10 FUJI ELECTRIC FA COMPONENTS & SYSTEMS CO., LTD. 108
- 10.10.1 PRODUCT/SERVICES OFFERED 109
- 10.10.2 FINANCIAL OVERVIEW 109
10.11 CHANGSHU SWITCHGEAR MFG CO., LTD 110
- 10.11.1 PRODUCT/SERVICES OFFERED 111
- 10.11.2 FINANCIAL OVERVIEW 111
10.12 HAGER GROUP 112
- 10.12.1 PRODUCT/SERVICES OFFERED 113
- 10.12.2 FINANCIAL OVERVIEW 114
10.13 SHANGHAI ELECTRIC CO., LTD PEOPLE'S ELECTRIC APPLIANCE FACTORY 115
- 10.13.1 PRODUCT/SERVICES OFFERED 116
- 10.13.2 FINANCIAL OVERVIEW 116