Dc circuit breaker market trends and forecast to 2024

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DC Circuit Breaker Market by Voltage, Type,
Insulation, End-User, and Region - Global
Forecast to 2024
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The DC circuit breaker market is expected to grow
from an estimated USD 2.3 billion in 2019 to USD
3.2 billion by 2024, at a CAGR of 6.54.
Increasing investments in the electrical
networks, increasing demand for reliable and
secure power supply worldwide, and growing
adoption of renewable energy sources across the
globe are likely to drive the DC circuit breaker
market.  Aging Power Infrastructure, rising
electrification projects and adoption of the HVDC
technology, can lead to opportunities in the DC
circuit breaker market. Browse and in-depth TOC
on "DC Circuit Breaker Market" 67 - Tables 33 -
Figures 151 - Pages   View more detailed TOC _at_
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dc-circuit-breaker-market-9752370.html
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The medium voltage segment is expected to hold
the largest share of the DC circuit breaker
market, by voltage, during the forecast
period. The medium segment led the DC circuit
breaker market in 2019 and is projected to have
the largest market share during the forecast
period. This growth can be attributed mainly to
the growing demand to attain reliable and
sustainable power supply mostly in rural areas of
the Asia Pacific and the Middle East Africa
region. Increasing investments in aging
electrical infrastructure in transmission and
distribution networks and the rising need to
protect electrical circuit equipment further
drives the medium voltage DC circuit breaker
market. PDF Brochure https//www.marketsand
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By insulation, the vacuum segment led the DC
circuit breaker market, during the forecast
period. The vacuum segment led the DC circuit
breaker market in 2019. High insulating strength,
suitability for repeated operations, low
maintenance cost are expected to drive the vacuum
DC circuit breaker market.  Also, rising
investments in electrification projects, in which
vacuum technologies are highly deployed
encourages players to invest in the DC circuit
breaker. They are mainly used in medium voltage
ranging from 11 kV to 33 kV. They have a long
mechanical service life. They are fast in
operation hence are ideal for fault clearing.
Further, they are also safe as they do not
explode, have a noiseless operation, are
eco-friendly, and have a very minimal maintenance
cost. They mainly find application in
switchgears, transformers, power conditioning
systems, switching devices, and
transformers. Speak to analyst _at_
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Asia Pacific The leading market for DC circuit
breaker market In this report, the DC circuit
breaker market has been analyzed with respect to
5 regions, namely, Asia Pacific, North America,
Europe, South America, and the Middle East
Africa. Asia Pacific led the global DC circuit
breaker market in 2018. The high growth rate in
the Asia Pacific region can be attributed to
increased investments in the electric grid
development and growing reliance on renewable
sources of power generation. China and India are
the largest markets for DC circuit breaker market
in the region. Increasing grid investments and
plans for electrification in remote areas in
countries such as Vietnam, Indonesia, and the
Philippines is likely to drive the growth of the
DC circuit breaker market in the region during
the forecast period. Rise in investments in smart
grid technologies is another factor which is
driving the DC circuit breaker market in Asia
Pacific. Request for Free Sample Report _at_
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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes the
  profiles of some of the top players in the DC
  circuit breaker market. The key players are
• ABB (Switzerland),
• Siemens (Germany),
• Toshiba (Japan),
• Rockwell Automation (US),
• Eaton (Republic of Ireland),
• Mitsubishi (Japan),
• Powell (US),
• Fuji Electric (Japan),
• CG Power (India),
• ENTEC Electric Electronic (South Korea),
• BRUSH Group (UK) etc.
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