Austarlia Low Voltage DC Circuit Breaker Market Size, Industry Trends, Share and Forecast 2019-2025


Posted May 13, 2020 by mansi3210

Australia Low Voltage DC Circuit Breaker Market Size, Share & Trends Analysis Report, By Type, By Application and Forecast, 2019-2025

 
Australia low voltage DC circuit breaker market is expected to grow at a CAGR of 7.0% during the forecast period. There is an increasing internet penetration in Australia which is estimated to drive the growth of the market in the country. According to the World Bank, in 2017, it was estimated that over 86.5% of the population in Australia had access to the internet. Supportive government policies are another major factor that is driving the growth of the market in Australia. Australia is a part of the Trance Pacific Partnership (TPP), which concluded in 2015. This agreement focuses on promoting trade in the digital economy. It facilitates the free flow of data, restricts data localization and protects copyrights.

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This agreement is estimated to promote foreign companies to invest in the Australian cloud market. As a result, new data centers are expected to open in the country. This, in turn, is estimated to drive the growth of the low-voltage DC circuit breakers market in the country, as low voltage power circuit breakers are used in modern data centers for the main switching and power transfer operations.

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Australia Low Voltage DC Circuit Breaker Market Segmentation

By Type

• Air Circuit Breakers (ACB)
• Molded Case Circuit Breakers (MCCB)
• Miniature Circuit Breakers (MCB)

By Application

• Residential
• Commercial
• Industrial

Company Profiles

• ABB Ltd.
• CBI-electric Group
• Eaton Corp.
• Larsen and Toubro Ltd.
• Mitsubhishi Electric Corp.
• Powell Industries, Inc.
• Rockwell Automation, Inc.
• Schneider Electric SE
• Sensata Technologies, Inc.
• Siemens AG

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Categories Business , Electronics , Technology
Tags electronics parts and components , market analysis , market forecast , market research
Last Updated May 13, 2020