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Power Distribution Circuit Breaker Market Share

Report ID: GMI8246
Published Date: Feb 2024
Report Format: PDF

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Power Distribution Circuit Breaker Market Share

Global Company Market Share Analysis, 2023 (%)

ABB holds a significant stake in the power distribution circuit breaker industry, known for its extensive expertise in manufacturing and engineering various circuit breaker types, including gas insulated circuit breaker, power distribution circuit breakers, vacuum insulated, among others. With a strong history deeply ingrained in the electrical equipment sector, the company has provided circuit breaker solutions across a wide range of applications, covering commercial, industrial, and utility sectors.

Power Distribution Circuit Breaker Market Companies

Some of the key market players operating across the power distribution circuit breaker industry are:

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

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

Power distribution circuit breaker market size was assessed at USD 17.9 billion in 2023 and is envisioned to record 9.7% CAGR from 2024 to 2032 due to increasing demand for efficient T&D control systems.

The 1,500 to 2,500 A segment held a share of more than 15.3% in the power distribution circuit breaker market in 2023 and will grow significantly through 2032 due to the rapid expansion of residential and commercial areas worldwide.

North America power distribution circuit breaker market is forecasted to exceed USD 7.5 billion by 2032 attributed to heightened investments in the expansion of long-distance distribution networks and the renovation of domestic distribution infrastructure.

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