Circuit Breaker Market Report

The global circuit breaker market reached a value of US$ 7 billion in 2018. The market value is further expected to reach US$ 10 billion by 2024, exhibiting a CAGR of 4.5% during 2019-2024. An electronic device functions through a path which has two or more points to carry the electrical current. This path is called a circuit and the device that interrupts this flow of electrical current is called the circuit breaker. These circuit breakers are used for preventing the fluctuations in the flow of current and protecting other devices that are attached to the circuit. Circuit breakers help in controlling, regulating and mastering electric power efficiently.

Global Circuit Breaker Market Drivers:

• In recent years, the demand for electricity has been increasing day by day. Circuit breakers are beneficial in the transmission and distribution of power supply. Moreover, owing to an emerging need for saving electricity, governments across the globe are introducing numerous initiatives to establish efficient and smart power grids. These factors have contributed towards the growth of the circuit breaker market.
• Safety of kitchen appliances, industrial tools and machinery and IT products have become a matter of chief concern that is playing a major role in the rising demand of circuit breakers. By using circuit breakers, the whole power mechanism can be made safe and protected from the frequent power fluctuations and short circuits.
• An important factor that is responsible for the constant growth in the circuit breaker market is the increasing trend of urbanisation and industrialisation in developing countries. This has caused an improvement in the electricity infrastructure as well as an increase in the power supply to rural areas.
• Low maintenance cost and increasing usage of these devices in locomotive industries are some of the other advantages that are positively influencing the growth of global circuit breaker market.

Market Summary:

• Based on the product type, the market has been segmented as indoor circuit breakers and outdoor circuit breakers. Currently, outdoor circuit breakers dominates the market, holding the largest share.
• Based on the voltage, the market has been segmented into low voltage, medium voltage and high voltage. Currently, low voltage dominates the market, holding the largest share.
• Based on the technology, the market has been segmented as air, vacuum, oil and SF₆.
• On the basis of end-use, the market has been segmented as transmission and distribution, renewable, power generation, railways and others. Currently, transmission and distribution dominates the market, holding the largest share.
• Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Middle East and Africa and Latin America.
• The competitive landscape of the market has also been examined with some of the key players being ABB, Alstom, Eaton Corporation, GE, Mitsubishi Electric Power Products, Schneider Electric, Siemens, Camsco Electric, G&W Electric, Kirloskar Electric, L&T, Powell Industries, Schurter Holding, Sensata Technologies and Toshiba.

This report provides a deep insight into the global circuit breaker market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the circuit breaker market in any manner.

Key Questions Answered in This Report:

• How has the global circuit breaker market performed so far and how will it perform in the coming years?
• What are the key regional markets in the global circuit breaker industry?
• What are the major end-use segments in the global circuit breaker industry?
• What are the key technologies in the global circuit breaker industry?
• What are the key voltage levels in the global circuit breaker industry?
• What are the key product types in the global circuit breaker industry?
• What are the price trends of circuit breakers?
• What are the various stages in the value chain of the global circuit breaker market?
• What are the key driving factors and challenges in the global circuit breaker market?
• What is the structure of the global circuit breaker market and who are the key players?
• What is the degree of competition in the global circuit breaker market?
• How are circuit breakers manufactured?

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Circuit Breaker Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Breakup by Product Type
    5.4    Market Breakup by Voltage
    5.5    Market Breakup by Technology
    5.6    Market Breakup by End-Use
    5.7    Market Breakup by Region
    5.8    Market Forecast
    5.9    SWOT Analysis
        5.9.1    Overview
        5.9.2    Strengths
        5.9.3    Weaknesses
        5.9.4    Opportunities
        5.9.5    Threats
    5.10    Value Chain Analysis
        5.10.1    Overview
        5.10.2    Research and Development
        5.10.3    Raw Material Procurement
        5.10.4    Manufacturing
        5.10.5    Marketing
        5.10.6    Distribution
        5.10.7    End-Use
    5.11    Porters Five Forces Analysis
        5.11.1    Overview
        5.11.2    Bargaining Power of Buyers
        5.11.3    Bargaining Power of Suppliers
        5.11.4    Degree of Competition
        5.11.5    Threat of New Entrants
        5.11.6    Threat of Substitutes
    5.12    Price Analysis
        5.12.1    Key Price Indicators
        5.12.2    Price Structure
        5.12.3    Price Trends
6   Market Breakup by Product Type
    6.1    Indoor Circuit Breakers
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Outdoor Circuit Breakers
        6.2.1    Market Trends
        6.2.2    Market Forecast
7   Market Breakup by Voltage
    7.1    Low Voltage
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Medium Voltage
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    High Voltage
        7.3.1    Market Trends
        7.3.2    Market Forecast
8   Market Breakup by Technology
    8.1    Air
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Vacuum
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Oil
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    SF6
        8.4.1    Market Trends
        8.4.2    Market Forecast
9   Market Breakup by End-Use
    9.1    Transmission and Distribution
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Renewable
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Power Generation
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Railways
        9.4.1    Market Trends
        9.4.2    Market Forecast
10  Market Breakup by Region
    10.1    Asia Pacific 
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    North America 
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Europe
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Middle East and Africa
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Latin America
        10.5.1    Market Trends
        10.5.2    Market Forecast
11  Circuit Breaker Manufacturing Process
    11.1    Product Overview
    11.2    Raw Material Requirements
    11.3    Manufacturing Process
    11.4    Key Success and Risk Factors
12  Competitive Landscape
    12.1    Market Structure
    12.2    Key Players
    12.3    Profiles of Key Players
        12.3.1    ABB 
        12.3.2    Alstom
        12.3.3    Eaton Corporation
        12.3.4    GE
        12.3.5    Mitsubishi Electric Power Products
        12.3.6    Schneider Electric
        12.3.7    Siemens
        12.3.8    Camsco Electric
        12.3.9    G&W Electric
        12.3.10    Kirloskar Electric
        12.3.11    L&T
        12.3.12    Powell Industries
        12.3.13    Schurter Holding
        12.3.14    Sensata Technologies
        12.3.15    Toshiba

List of Figures 

Figure 1: Global: Circuit Breaker Market: Major Drivers and Challenges
Figure 2: Global: Circuit Breaker Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Circuit Breaker Market: Breakup by Product Type (in %), 2018
Figure 4: Global: Circuit Breaker Market: Breakup by Voltage (in %), 2018
Figure 5: Global: Circuit Breaker Market: Breakup by Technology (in %), 2018
Figure 6: Global: Circuit Breaker Market: Breakup by End-Use (in %), 2018
Figure 7: Global: Circuit Breaker Market: Breakup by Region (in %), 2018
Figure 8: Global: Circuit Breaker Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 9: Global: Circuit Breaker Market: Average Prices (US$/Unit), 2011-2024
Figure 10: Circuit Breaker Market: Price Structure (US$/Unit)
Figure 11: Global: Circuit Breaker Industry: SWOT Analysis
Figure 12: Global: Circuit Breaker Industry: Value Chain Analysis
Figure 13: Global: Circuit Breaker Industry: Porter’s Five Forces Analysis
Figure 14: Global: Circuit Breaker (Indoor) Market: Sales Value (in Million US$), 2011 & 2018
Figure 15: Global: Circuit Breaker (Indoor) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Circuit Breaker (Outdoor) Market: Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Circuit Breaker (Outdoor) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Circuit Breaker (Low Voltage) Market: Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Circuit Breaker (Low Voltage) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: Global: Circuit Breaker (Medium Voltage) Market: Sales Value (in Million US$), 2011 & 2018
Figure 21: Global: Circuit Breaker (Medium Voltage) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Global: Circuit Breaker (High Voltage) Market: Sales Value (in Million US$), 2011 & 2018
Figure 23: Global: Circuit Breaker (High Voltage) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Global: Circuit Breaker (Air) Market: Sales Value (in Million US$), 2011 & 2018
Figure 25: Global: Circuit Breaker (Air) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Global: Circuit Breaker (Vacuum) Market: Sales Value (in Million US$), 2011 & 2018
Figure 27: Global: Circuit Breaker (Vacuum) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Global: Circuit Breaker (Oil) Market: Sales Value (in Million US$), 2011 & 2018
Figure 29: Global: Circuit Breaker (Oil) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Global: Circuit Breaker (SF6) Market: Sales Value (in Million US$), 2011 & 2018
Figure 31: Global: Circuit Breaker (SF6) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 32: Global: Circuit Breaker (Transmission and Distribution) Market: Sales Value (in Million US$), 2011 & 2018
Figure 33: Global: Circuit Breaker (Transmission and Distribution) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 34: Global: Circuit Breaker (Renewable) Market: Sales Value (in Million US$), 2011 & 2018
Figure 35: Global: Circuit Breaker (Renewable) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 36: Global: Circuit Breaker (Power Generation) Market: Sales Value (in Million US$), 2011 & 2018
Figure 37: Global: Circuit Breaker (Power Generation) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 38: Global: Circuit Breaker (Railways) Market: Sales Value (in Million US$), 2011 & 2018
Figure 39: Global: Circuit Breaker (Railways) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 40: Asia Pacific: Circuit Breaker Market: Sales Value (in Million US$), 2011 & 2018
Figure 41: Asia Pacific: Circuit Breaker Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 42: North America: Circuit Breaker Market: Sales Value (in Million US$), 2011 & 2018
Figure 43: North America: Circuit Breaker Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 44: Europe: Circuit Breaker Market: Sales Value (in Million US$), 2011 & 2018
Figure 45: Europe: Circuit Breaker Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 46: Middle East and Africa: Circuit Breaker Market: Sales Value (in Million US$), 2011 & 2018
Figure 47: Middle East and Africa: Circuit Breaker Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 48: Latin America: Circuit Breaker Market: Sales Value (in Million US$), 2011 & 2018
Figure 49: Latin America: Circuit Breaker Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 50: Circuit Breaker Manufacturing: Process Flow

List of Tables

Table 1: Global: Circuit Breaker Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Circuit Breaker Market Forecast: Breakup by Product Type (in Million US$), 2019-2024
Table 3: Global: Circuit Breaker Market Forecast: Breakup by Voltage (in Million US$), 2019-2024
Table 4: Global: Circuit Breaker Market Forecast: Breakup by Technology (in Million US$), 2019-2024
Table 5: Global: Circuit Breaker Market Forecast: Breakup by End-Use (in Million US$), 2019-2024
Table 6: Global: Circuit Breaker Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 7: Circuit Breaker: Raw Material Requirements
Table 8: Global: Circuit Breaker Market Structure
Table 9: Global: Circuit Breaker Market: Key Players