세계의 회로 차단기 시장 : 예측(2025-2030년)

The global circuit breaker market is projected to grow at a CAGR of 6.94% over the forecast period, thereby reaching US$10.428 billion in 2030 from an initial value of US$7.457 billion in 2025.

A circuit breaker is an electrical safety device that interrupts a current flow to prevent overloading, thereby preserving the overall electrical system. Unlike a fuse, which works only once, a circuit breaker allows normal operations to be continuous. The ability of such devices to detect faults in current flow makes them an integral part of vital electrical infrastructure, thereby driving their applicability in power girds, residential, industrial, and commercial establishments.

The key market growth influencers include electricity demand and reliable power delivery along with the booming electricity consumption fuelled by fast economic development and investment to bolster power distribution followed by technological development. For instance, according to the IEA, the percentage of electricity in total energy consumption increased from 18% in 2015 to 20% in 2023.

Further, to bolster the overall energy supply, more capacity and modernized networks are required, due to which governments and commercial organizations are directing the addition of circuit breakers and fuses as device protection components. Power fluctuations can damage electric equipment, including industrial machinery, electric tools, home appliances, and IT products.

Global circuit breaker market drivers

• Growing need for energy-efficient infrastructure and power supply.

One of the prominent causes of the circuit breaker market growth is the growing demand for energy-efficient infrastructure and renewable energy sources to optimize the overall process of power distribution, which has led to various strategic collaborations and government investment in this direction. Post such investments in necessary infrastructure development, the demand for circuit breakers, which are vital in transmission and distribution, is also anticipated to increase.

Additionally, smart power grid developments are also anticipated to propel market expansion. For example, until 2023, anticipated energy investments totaled about USD 2.8 trillion, which showcased significant growth over the past four years. Clean energy, which includes nuclear power, storage, grids, low-emission fuels, renewable energy, efficiency enhancements, end-use renewables, and electrification, has been allocated more than USD 1.7 trillion.

Additionally, circuit breakers are crucial devices that automatically disconnect electrical power when it exceeds safe limits to prevent hazards such as electrical fires or appliance damage due to excessive voltage levels in the raw main supply lines. Growing demand for reliable power supply plus increased awareness about electricity safety and regulation spurs the circuit breakers market growth. Global regulatory bodies are enforcing strict safety regulations, including the requirement that circuit breakers be used in electrical installations.

Circuit breaker market geographical outlook

• The global circuit breaker market is segmented into five regions worldwide:

Geography-wise, the market of Global circuit breakers is divided into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Growing investment inflows in commercial establishments such as business premises, healthcare centers, offices, and hotels have accelerated the demand for circuit breakers, thereby augmenting the market growth in the North American region.

As one of the most developed economies in the world, the United States stands at the forefront of industrial progression, power generation and supply, and rapid urbanization. The ongoing investments in new commercial establishments, including offices, data centers, and business premises, have escalated the volume of electricity demand in the county, which is expected to stimulate the circuit breaker's demand simultaneously. Furthermore, the constant growth in transportation and residential end-users has also added more to the overall electricity consumption.

According to the International Energy Agency's "Electricity Mid-Year July 2024" report in 1H 2024, the electricity demand in the United States experienced 3.8% growth. Moreover, the same source states that in 2023, the electricity demand in the United States stood at 4,262 TWh, which is expected to reach 4,392 TWh in 2024 and 4,475 TWh in 2025. Thus, the report showcases 3% year-on-year growth for 2023/2024 and 19% for 2024-2025.

Likewise, the ongoing investments in improving grid infrastructure and safeguarding it from external factors are further propelling the regional market expansion. For instance, on 6th August 2024, the U.S Department of Energy, as per the "America's Agenda" announced an investment of US$2.2 billion for eight power projects across 18 US states that would catalyze the additional grid capacity and will also facilitate the upgradation of transmission infrastructure & technology. Additionally, the well-established presence of major market payers, namely ABB Ltd, Eaton Corporation, Larsen & Turbo Ltd, and Atom Power Inc, which offer an extensive range of circuit breakers, has further augmented the overall market expansion at the country level.

Reasons for buying this report:-

• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
• Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
• Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
• Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

• Historical data & forecasts from 2022 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The global circuit breaker market is segmented and analyzed as follows:

By Installation

• Indoor
• Outdoor

By Insulation type

• Air Circuit Breaker
• Oil Circuit Breaker
• Gas Circuit Breaker
• Others

By Rated Voltage

• Up to 500V
• 500V - 15kV
• 15kV - 600kV
• Above 600kV

By End-users

• Industrial
• Commercial
• Residential

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• Spain
• France
• Others
• Middle East and Africa
• Saudi Arabia
• South Africa
• Others
• Asia Pacific
• China
• Japan
• India
• Australia
• Others

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base and Forecast Years Timeline
• 1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY

• 2.1. Research Design
• 2.2. Research Process

3. EXECUTIVE SUMMARY

• 3.1. Key Findings
• 3.2. Analyst View

4. MARKET DYNAMICS

• 4.1. Market Drivers
• 4.2. Market Restraints
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. The Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis

5. GLOBAL CIRCUIT BREAKER MARKET BY TECHNOLOGY

• 5.1. Introduction
• 5.2. Indoor
• 5.3. Outdoor

6. GLOBAL CIRCUIT BREAKER MARKET BY END-USER

• 6.1. Introduction
• 6.2. Air Circuit Breaker
• 6.3. Oil Circuit Breaker
• 6.4. Gas Circuit Breaker
• 6.5. Others

7. GLOBAL CIRCUIT BREAKER MARKET BY RATED VOLTAGE

• 7.1. Introduction
• 7.2. Up to 500V
• 7.3. 500V - 15kV
• 7.4. 15kV - 600kV
• 7.5. Above 600kV

8. GLOBAL CIRCUIT BREAKER MARKET BY END-USERS

• 8.1. Introduction
• 8.2. Industrial
• 8.3. Commercial
• 8.4. Residential

9. GLOBAL CIRCUIT BREAKER MARKET BY GEOGRAPHY

• 9.1. Introduction
• 9.2. North America
  • 9.2.1. By Installation
  • 9.2.2. By Type
  • 9.2.3. By Voltage
  • 9.2.4. By End-User
  • 9.2.5. By Country
    • 9.2.5.1. USA
    • 9.2.5.2. Canada
    • 9.2.5.3. Mexico
• 9.3. South America
  • 9.3.1. By Installation
  • 9.3.2. By Type
  • 9.3.3. By Voltage
  • 9.3.4. By End-User
  • 9.3.5. By Country
    • 9.3.5.1. Brazil
    • 9.3.5.2. Argentina
    • 9.3.5.3. Others
• 9.4. Europe
  • 9.4.1. By Installation
  • 9.4.2. By Type
  • 9.4.3. By Voltage
  • 9.4.4. By End-User
  • 9.4.5. By Country
    • 9.4.5.1. UK
    • 9.4.5.2. Germany
    • 9.4.5.3. Spain
    • 9.4.5.4. France
    • 9.4.5.5. Others
• 9.5. Middle East and Africa
  • 9.5.1. By Installation
  • 9.5.2. By Type
  • 9.5.3. By Voltage
  • 9.5.4. By End-User
  • 9.5.5. By Country
    • 9.5.5.1. Saudi Arabia
    • 9.5.5.2. South Africa
    • 9.5.5.3. Others
• 9.6. Asia Pacific
  • 9.6.1. By Installation
  • 9.6.2. By Type
  • 9.6.3. By Voltage
  • 9.6.4. By End-User
  • 9.6.5. By Country
    • 9.6.5.1. China
    • 9.6.5.2. Japan
    • 9.6.5.3. India
    • 9.6.5.4. Australia
    • 9.6.5.5. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 10.1. Major Players and Strategy Analysis
• 10.2. Market Share Analysis
• 10.3. Mergers, Acquisitions, Agreements, and Collaborations
• 10.4. Competitive Dashboard

11. COMPANY PROFILES

• 11.1. ABB Ltd
• 11.2. CG Power and Industrial Solutions Limited
• 11.3. Eaton Corporation
• 11.4. Larsen & Toubro Ltd
• 11.5. BEL Fuse Inc.
• 11.6. Salzer Group
• 11.7. Hitachi
• 11.8. Camso Electric
• 11.9. Toshiba
• 11.10. Siemens AG
• 11.11. Mitsubishi Electric Corp
• 11.12. Fuji Electric
• 11.13. Powell Industries Inc
• 11.14. Hawker Siddeley Switchgear
• 11.15. Tavrida Electric