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North America Low Voltage Circuit Breaker Market Share

Report ID: GMI8681
Published Date: Mar 2024
Report Format: PDF

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North America Low Voltage Circuit Breaker Market Share

Schneider Electric SE holds a substantial share in the North America low voltage circuit breaker industry with its innovative and energy-efficient product lineup, extensive distribution network, and sustainability focus. Strategic investments have led to the introduction of advanced circuit breaker solutions tailored to residential, commercial, and industrial applications. Notably, the launch of the EasyPact EXE circuit breaker in 2022 exemplifies Schneider Electric's commitment to meeting the evolving demands of modern buildings.

North America Low Voltage Circuit Breaker Market Companies

Eminent players operating in the North America low voltage circuit breaker industry are:

ABB
C&S Electric
Carling Technologies, Inc.
CHINT Group
Danfoss
Eaton
GE
Hager Group
Hubbell Incorporated
Legrand
LS Electric
Mitsubishi Electric Corporation
Panasonic Corporation
Rockwell Automation
Schneider Electric
Siemens
WEG

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of North America low voltage circuit breaker was reached USD 2.2 billion in 2023 and is set to expand at 8.2% CAGR from 2024 to 2032, driven by the rising demand for dependable and efficient circuit protection across residential, commercial, and industrial sectors.

The molded case circuit breaker (MCCB) segment is poised to generate more than USD 1.3 billion by 2032, driven by their versatility, high interrupting rating, and ability to provide both overload and short-circuit protection.

U.S. low voltage circuit breaker industry size is projected to surpass USD 3.5 billion by 2032, owing to presence of a well-established electrical infrastructure, a thriving construction sector, and stringent safety regulations.

Some of the key companies operating in the North America low voltage circuit breaker market include ABB, C&S Electric, Carling Technologies, Inc., CHINT Group, Danfoss, Eaton, GE, Hager Group, Hubbell Incorporated, Legrand, LS Electric, Mitsubishi Electric Corporation, Panasonic Corporation, Rockwell Automation, Schneider Electric, Siemens, and WEG.