The Air Circuit Breaker market is projected to grow at a CAGR of 6 % to reach USD 6.2 billion by 2026 from 4 billion in 2019. Increasing growth in renewable energy and demand for safe reliable and secure power has significantly contributed to the growth of this market. Air Circuit Breaker (ACB) is used in electric circuits to provide protection under faulty conditions such as short-circuits. The primary function of an Air Circuit breaker is to interrupt the current flow after a fault is detected. The growth of the air circuit breaker market has also been due to aging infrastructure, the advent of smart cities, and grid modernization.
Unique insights provided by Air Circuit Breaker Market Report also includes the following:
1. In-depth value chain analysis
2. Opportunity mapping
3. Sector snapshot
4. Comparison with alternatives
5. Technology landscape
6. Regulatory scenario
7. Patent trends
8. Market trends
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The low voltage segment is expected to be the biggest contributor to Air Circuit Breaker market in the forecast period
The market has been segmented based on voltage range into low and medium voltage. The low voltage segment accounts for the largest share as it finds high application in end-use industries, such as industrial equipment, manufacturing industries, power plants, and distribution utilities. The market is also growing on account of the growing demand for replacements and retrofits from aging utility power transmission equipment.
The industrial application was the largest market during the forecast period
The industrial segment of the air segment market was the largest market on account of the increasing demand for air circuit breakers from the manufacturing and process industries. Air circuit breakers also find applications in industrial plants and electrical machines such as capacitors, generators, and transformers, etc.
Asia-Pacific is expected to be the fastest-growing segment in the forecast period
The Asia Pacific accounted for the largest share of the Air Circuit Breaker market. It is also the fastest-growing segment. The region is also projected to witness a higher product demand in the coming years on account of increasing consumption in end-user industries. Key Air Circuit Breaker markets in Asia- Pacific include China, Japan, India, South Korea, Thailand, and Indonesia.

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Company Profiles and Competitive Intelligence Covered in Air Circuit Breaker Market Report are:
• ABB
• Eaton
• Fuji Electric
• Larsen & Toubro
• Mitsubishi Electric
• Siemens
• Schneider Electric
• Hitachi
• C&S Electric
• Hyundai Electric
• Havells

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