The key industry players operating in medium voltage circuit breaker market are:
ABB
Siemens
Schneider Electric
Eaton
Mitsubishi Electric Corporation
Toshiba International Corporation
General Electric
Fuji Electric FA Components & Systems Co., Ltd
WEG, LS ELECTRIC Co., Ltd
HD HYUNDAI ELECTRIC CO., LTD
L&T Electrical & Automation
Powell Industries.
Authors:
Ankit Gupta, Riya Gupta
Frequently Asked Questions (FAQ) :
The market size of medium voltage circuit breaker was valued at USD 7 billion in 2023 and is anticipated to grow at a CAGR of 9.6% during 2024 and 2032, backed by the focus on grid modernization.
The industrial medium voltage circuit breaker market is predicted to witness a CAGR of over 10% through 2032, owing to the increasing product deployment for reliable operation of advanced manufacturing processes and industrial automation.
Asia Pacific market for medium voltage circuit breaker is projected to surge at a CAGR of over 10% from 2023 to 2032, on account of infrastructure development including the construction of power transmission & distribution networks, urban infrastructure, and industrial facilities.
ABB, Siemens, Schneider Electric, Eaton, Mitsubishi Electric Corporation, Toshiba International Corporation, General Electric, Fuji Electric FA Components & Systems Co., Ltd., among others.