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Circuit Breaker Market Share

Report ID: GMI1172
Published Date: Apr 2023
Report Format: PDF

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Circuit Breaker Market Share

Some of the key participants involved in the circuit breaker market scenario are:

ABB
Eaton Corporation
Mitsubishi Electric Corporation
Toshiba International Corporation
CG Power & Industrial Solutions Ltd
Schneider Electric
General Electric
HD HYUNDAI ELECTRIC & ENERGY SYSTEM CO LTD
Siemens Energy
WEG
Sensata Technologies Inc
LS ELECTRIC Co Ltd
alfanar Group
Kirloskar Electric Company,
Powell Industries.

These firms primarily engage in new product launches to shape their business position.

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of circuit breaker exceeded USD 20.6 billion in 2023 and will register 9.6% CAGR during 2024 to 2032, propelled by the rising investments to establish a sustainable electrical network.

Commercial circuit breaker industry size is anticipated to observe 9.5% growth between 2023 to 2032 owing to a considerable increase in energy consumption led by the increase in the population index and supportive electrification policies.

The North America circuit breaker sector is slated to reach over USD 8 billion by 2032, driven by increased spending on the development of long-distance distribution networks and the refurbishment of domestic distribution infrastructure in the region.

Major companies operating in the circuit breaker industry are ABB, Eaton Corporation, Mitsubishi Electric Corporation, Toshiba International Corporation, CG Power & Industrial Solutions Ltd., Schneider Electric, General Electric, Siemens Energy, WEG, Sensata Technologies, Inc, LS ELECTRIC Co., Ltd, and Powell Industries.