PPT for Circuit Breakers Market Research Analysis, 2017 - 2024

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Circuit Breakers Market Growth Industry
Analysis, 2017 2024 Fractovia.org
Circuit Breakers Market Size, By Technology (Air,
Vacuum, Oil, SF6), By Voltage Level (LV, MV, HV),
By End-Use (Power Transmission, Power
Distribution), Industry Analysis Report, Regional
Outlook, Application Growth Potential, Price
Trends, Competitive Market Share Forecast, 2016
2024
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Overview

• Circuit breakers industry revenue, which was
  estimated at USD 6 billion in 2015, is expected
  to hit USD 13.5 billion by 2024.
• Development of sustainable energy projects to
  transfer electricity from green energy sources to
  national grids will spur Circuit Breakers Market.
  
• The growing demand for effective transmission and
  distribution of power supply by the commercial
  and industrial sectors will boost the market
  trends.
• An escalating need for replacing the old grid
  transmission network with an advanced low cost
  modular packaged network is anticipated to
  generate lucrative scope for the business in the
  future.
• Considering the regional trends, U.S circuit
  breakers industry size, worth USD 1 billion in
  2015, is set to grow at a CAGR of more than 7
  over 2016-2024.

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Global Circuit Breakers Market, By Technology,
2014 2024 (USD Billion)
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Product Trends

• Circuit breakers make use of SF6, air, oil, and
  vacuum technologies. SF6 circuit breakers
  industry value, worth USD 1 billion in 2015, is
  forecast to grow notably over the years ahead.
  High dielectric strength along with superior arc
  quenching features will lift the revenue.
• Vacuum circuit breakers market is forecast to
  grow at a CAGR of 9 over the coming timeline,
  impelled by its escalating need across various
  high and medium voltage network applications.
  Extensive use in low voltage networks is expected
  to boost the growth of air circuit breakers
  industry, which will attain a revenue of more
  than USD 5 billion by 2024.

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Regional Trends

• China circuit breakers industry is slated to
  surpass USD 2 billion by 2024, driven by high
  government funding to renew the existing TD
  network. Brazil market is projected to hit a
  revenue of over USD 450 million by 2024, owing to
  the integration of existing grid network with
  green energy producing sources.
• Alstom, Eaton Corporation Plc, Mitsubishi
  Electric Corporation, Siemens AG, ABB, and
  Schneider Electric SE are the major participants
  of circuit breakers market.

Competitive Trends
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