United States Circuit Breaker Market Expected to Reach USD 3.9 Billion by 2033 - IMARC Group

February 05, 2025 | Energy & Mining

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United States Circuit Breaker Market Statistics, Outlook and Regional Analysis 2025-2033

The United States circuit breaker market size was valued at USD 2.5 Billion in 2024, and it is expected to reach USD 3.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5% from 2025 to 2033.

United States Circuit Breaker Market

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The market is largely driven by the increasing electricity utilization and the continuous requirement for operational security across the energy sector. For example, in November 2024, the contributor of high-voltage circuit breakers, Power and Data Management LLC (PDM), opened their manufacturing facility in Salt Lake City, Utah, to address the continuing transformer shortage and circuit breaker need in the US by giving utilities, data centers, and enterprise companies industrial-grade products. Besides this, fuses are actively being substituted by circuit breakers in the housing and commercial industries, as these devices work efficiently amidst high-voltage variations, which is further stimulating the market growth for circuit breakers in the United States. For instance, in October 2024, Instagrid launched the Instagrid GO, a high-performance battery unit to provide mobile power to American workers.

Moreover, the US government is launching favorable initiatives to restore the aging grid infrastructure and install smart grids to contain complex power flows with improved reliability, which is another substantial factor for the market expansion. For example, in May 2024, Polaris Semiconductor unveiled its plans to develop its manufacturing plant in Minnesota, US. The company invested approximately USD 525 Million over a span of 2 years, supported by the Minnesota State Incentives and Potential Federal Funding.

United States Circuit Breaker Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast region, Midwest region, South region, and West region. The expanding power sector in the region and the rising number of utility projects are propelling the United States circuit breaker market expansion.

Northeast Circuit Breaker Market Trends:

The Northeast region in the US, particularly cities like Boston and New York, has a heightened demand for circuit breakers due to the rising advancements in technology and the widespread deployment of smart grids. Moreover, the elevating focus on energy efficiency and sustainability and the renovation of aging electrical infrastructure are positively influencing the market expansion. For instance, in November 2024, the New York firm Mill Point acquired two businesses from Pioneer Power Solutions and ERMCO to launch an electrical derivatives manufacturer called Voltaris.

Midwest Circuit Breaker Market Trends:

The circuit breaker industry in the Midwest region is mainly bolstered by the increasing integration of technology in these devices, including real-time performance monitoring and self-diagnostic capacities. Furthermore, the extensive demand for circuit breakers that can handle the intermittent power supply that comes with renewable sources is also catalyzing the market expansion in this region. For example, in January 2023, Chicago Switchboard LLC, headquartered in Elmhurst, IL, announced the acquisition of the Houston, TX-based Wolf Industries, LP, and San Antonio Circuit Breaker, LP, dba IER.

South Circuit Breaker Market Trends:

The Southern region has been experiencing an increasing need for circuit breakers, owing to the inflating investments in smart grid technology and renewable energy sources, mainly across cities like Houston, Atlanta, and Miami. Besides this, the emerging trend of upgrading and expanding electrical infrastructure to support growing urban centers and industrial areas is also fueling the market growth. For instance, in December 2024, Ideal Power Inc. ensured its initial design victory for solid-state circuit breakers (SSCBs) with one of the biggest circuit protection tool manufacturers in Asia catering to industrial and utility demands.

West Circuit Breaker Market Trends:

The circuit breaker market across the West region of the United States, mainly in states like Nevada, California, and Washington, is booming due to the increasing adoption of advanced technologies and the heightened focus on improving electrical safety and energy efficiency in commercial, residential, and industrial settings. For instance, in August 2024, Kronos Advanced Technologies Inc. and Yasheng Group entered into a strategic partnership to create and file a revolutionary patent for a small nuclear battery with an extended duration of up to 50 years.

Top Companies Leading in the United States Circuit Breaker Industry

There are several companies encompassing the United States circuit breaker market. For instance, Siemens announced an investment of approximately USD 150 Million in November 2023 into a high-tech Dallas-Fort Worth manufacturing facility to help power the American data center places and essential structure. Moreover, companies like Eaton, Schneider Electric, General Electric, etc., are pioneers in manufacturing cutting-edge circuit breakers for utilization across numerous industries.

United States Circuit Breaker Market Segmentation Coverage

Based on product type, the market has been segmented into indoor circuit breakers and outdoor circuit breakers. Indoor devices are installed in protected enclosures to safeguard from weather conditions, while outdoor circuit breakers are developed to withstand environmental situations without any roofing.
Based on the voltage, the market has been divided into low voltage, medium voltage, and high voltage. Low-voltage devices are typically utilized in small businesses and homes. Medium voltage circuit breakers are found in utility substations and industrial settings, while high voltage switches are employed for long-distance power transmission.
Based on technology, the market has been separated into air, vacuum, oil, and SF6. The air circuit breaker utilizes air as the insulation intermediate, while the vacuum device uses vacuum. The oil electrical instrument uses mineral oil as an arc-reducing and insulating channel. Lastly, the SF6 device uses sulfur hexafluoride gas as the medium of insulation.
Based on the end-use, the market has been categorized into transmission and distribution, renewable, power generation, and railways. In the transmission and distribution sector, circuit breakers are utilized to safeguard high-voltage power lines from faults. These devices control power output from varying renewable sources, ensuring grid stability. In power generation, circuit breakers protect generators from overloads and short circuits within the plant, while in railways, these devices are used in traction substations to control the power supply to trains.

Report Features	Details
Market Size in 2024	USD 2.5 Billion
Market Forecast in 2033	USD 3.9 Billion
Market Growth Rate 2025-2033	5%
Units	Billion USD
Segment Coverage	Product Type, Voltage, Technology, End-Use, Region
Region Covered	Northeast, Midwest, South, West
Customization Scope	10% Free Customization
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)

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United States Circuit Breaker Market Expected to Reach USD 3.9 Billion by 2033 - IMARC Group

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