Circuit Breakers Market Foreseen to Grow Exponentially by 2021

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Circuit Breakers Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2023

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About Us

• Transparency Market Research (TMR) is a market
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Brazil Circuit Breakers Market Key
Insights

• Robust infrastructural development and the rising
  demand for energy derived from solar power augur
  well for circuit breakers sales across Brazil.
• As per Transparency Market Research (TMR), the
  Brazil circuit breakers market is poised to surge
  at a positive CAGR of 6.3 between 2015 and 2021.
  
• Favorable policies encouraging rising spending in
  residential, public, and commercial construction
  fuel will considerably boost sales of circuit
  breakers across Brazil.

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Urbanization in Brazil to Fuel Demand for Circuit
Breakers from the Construction Sector

• Based on application, the Brazil circuit breakers
  market constitutes automotive, construction, oil
  and gas, industrial, power generation, and other
  sectors.
• Of these, the power generation industry emerged
  dominant in the market in 2014. The segment held
  over 37.1 of the market in the year.
• The increasing installation of smart grids across
  Brazil is expected to seal the dominance of the
  power generation industry in the market.
• As per TMR, the power generation segment stood
  at US162.4 mn in 2014. Rising at a CAGR of 6.9,
  it is expected to reach US248.1 mn by the end of
  2021.

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Demand for Air Circuit Breakers to Rise due to
their Economical Pricing

• Based on arc quenching media, air circuit
  breakers emerged as the largest contributor to
  the Brazil circuit breakers market. It held a
  share of over 54.6 in the market in 2014.
• Accounting for around 24.1 of the market, the
  SF6 circuit breakers emerged as the
  second-largest segment in the same year.
• The increasing use of air circuit breakers to
  protect electrical machines such as capacitors,
  generators, motors, and transformers fuels their
  sales across Brazil.

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Some of the prominent companies operating in the
Brazil circuit breakers market

• General Electric (U.S.)
• Schneider Electric SE (France)
• Toshiba Corporation (Japan)
• Eaton Corporation (Ireland)
• Mitsubishi Electric (Japan)

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