The key industry participants operating across the molded case circuit breaker market are
Schneider Electric
Siemens
ABB
Eaton
Legrand
Mitsubishi Electric Corporation
Fuji Electric FA Components & Systems Co., Ltd.
CNC ELECTRIC GROUP CO., LTD.
Rockwell Automation
Hitachi, Ltd.
Authors:
Ankit Gupta, Riya Gupta
Frequently Asked Questions (FAQ) :
The market size of molded case circuit breaker was worth USD 3.4 billion in 2023 and is expected to generate USD 7.9 billion by 2032 owing to the rising investment in grid infrastructure, along with high demand for refurbishing the current electrical setup.
The low current MCCB with a range of up to 2,500 is set to witness high uptake over 2023-2032 owing to the rapid expansion of residential and commercial areas, along with an increase in demand for safe and reliable electricity across the globe.
The Asia Pacific molded case circuit breaker market is anticipated to account for more than USD 7 billion by 2032 attributed to the high demand for efficient transmission & distribution systems.
Some of the major enterprises engaged in the molded case circuit breaker market are Schneider Electric, Siemens, ABB, Eaton, Legrand, Mitsubishi Electric Corporation, Fuji Electric FA Components & Systems Co., Ltd., CNC Electric Group Co., Ltd., Rockwell Automation, and Hitachi, Ltd.