United States Circuit Breaker Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

United States Circuit Breaker Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A1240
Buy Now

Market Overview:

The United States circuit breaker market size reached US$ 2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.0 Billion by 2027, exhibiting a growth rate (CAGR) of 5.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A circuit breaker is an electrical switch that can be automatically operated and is designed to protect an electrical circuit from damage caused by an excess current from an overload or short circuit. It interrupts the current flow after a fault is detected. Circuit breakers are made in different sizes, from small devices that protect low-current circuits up to large switchgears, designed to protect high-voltage circuits. Circuit breakers are mainly classified based on rated voltages. Circuit breakers below 1000V are known as low-voltage circuit breakers, whereas, those above 1000V are called high-voltage circuit breakers.

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

The demand for circuit breakers in the US is currently being driven by several factors. Circuit breakers protect an electrical circuit from damage caused by excessive current from an overload or short circuit. Its basic function is to interrupt current flow when fluctuations are detected. It is effective against low, medium and high voltage fluctuations. Moreover, Circuit breakers are designed in such a way that they are effective in detecting high-voltage fluctuations, which is the major advantage of the device against fuses. Fuses can only work at low-voltages. As a result, circuit breakers are being widely used in large residential and commercial building projects, locomotive and transportation industries, etc. Additionally, circuit breakers are easier to reset as they do not involve touching the live parts of the device. In addition, no cost is associated with resetting circuit breakers unlike the cost of replacing fuses. Other factors which are driving the demand of circuit breakers in the US include growing demand for electricity, increasing technological advancements, high demand for non-conventional energy sources, etc.

IMARC Group’s latest report provides a deep insight into the United States 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 United States circuit breaker market in any manner.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States circuit breaker market report, along with forecasts at the country and regional 2022-2027. Our report has categorized the market based on product type, voltage, technology and end-use.

Breakup by Product Type:

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Indoor Circuit Breakers
  • Outdoor Circuit Breakers


Breakup by Voltage:

  • Low Voltage
  • Medium Voltage
  • High Voltage


Breakup by Technology:

  • Air
  • Vacuum
  • Oil
  • SF6


Breakup by End-Use:

  • Transmission and Distribution
  • Renewable
  • Power Generation
  • Railways


Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West


Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape

  • Competitive Structure
  • Key Player Profiles
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Voltage, Technology, End-Use, Region
Region Covered  Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the United States circuit breaker market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the United States circuit breaker industry?
  • What has been the impact of COVID-19 on the United States circuit breaker market?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the voltage?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the end-use?
  • What are the various stages in the value chain of the United States circuit breaker industry?
  • What are the key driving factors and challenges in the United States circuit breaker industry?
  • What is the structure of the United States circuit breaker industry and who are the key players?
  • What is the degree of competition in the United States circuit breaker industry?
  • What are the profit margins in the United States circuit breaker industry?

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
United States Circuit Breaker Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Clients Testimonial

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More