The Circuit Breaker market size will grow from USD 6.89 Billion in 2017 to USD 9.19 Billion by 2023, at an estimated CAGR of 4.92%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
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Increasing construction and developmental activities, the growing demand for electricity in developing countries, and rising number of renewable power generation projects are the major drivers of the circuit breaker market. The medium voltage sub-segment dominated the market in 2017 due to increasing investments in aging electrical infrastructure in transmission and distribution networks and the rising need to protect electrical circuit equipment. Based on end-user, the circuit breaker market has been segmented into transmission and distribution, renewable, power generation, and railways. The transmission and distribution sub-segment led the circuit breaker market in 2017 and is projected to dominate the market during the forecast period. The renewable segment is expected to grow at the fastest rate during the forecast period.
By Market Players:
ABB , Siemens , Eaton , Schneider Electric , Mitsubishi , Toshiba , Powell , TE Connectivity , CG Power , Fuji Electric , Larsen & Toubro , Tavrida Electric, Hawker Siddeley Switchgear ,
High Voltage , Medium Voltage , , ,
Outdoor Circuit Breaker , Indoor Circuit Breaker , , ,
Transmission & Distribution Utilities , Power Generation , Renewables , Railways,
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Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023..
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