The US low voltage DC circuit breaker market is expected to grow at a CAGR of 7.6% during the forecast period. The US market in North America is dominating due to factors such as investments in R&D and high per-capita income of the population. The US comprises 24.3% of the global economy. The country invites advancement across every sector, including transportation, energy, healthcare, and IT and Telecom. Such wide advancements will hold the significant adoption of low voltage DC circuit breakers in electric vehicles and its charging stations, solar installations, data centers, and hospitals.

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The US is among the top countries in the world in electricity generated by solar energy and several of the world's largest utility-scale installations are located in the desert Southwest. The US is expected to contribute significantly due to the rise in the adoption of solar panel technology and to save electricity costs. As a result of the domestic manufacturing and advancing technology, the solar panel has become one of the most affordable means of sources of electricity in the US in the current scenario. Solar energy as a power source has also become one of the leading choices for the new generation by the utilities. In the US, there are numerous programs which are promoting the growth of solar installations.

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Solar power production incentive act 1990 is an amendment to the PURPA of 1978 and the Federal Power Act. The main purpose is to remove the size limitations placed on renewable energy facilities, such as solar and wind, in order to receive PURPA benefits. This will encourage the development of renewable energy production, thereby encouraging the installation of rooftop solar panels in the near future. This, in turn, will support the adoption of low voltage DC circuit breaker. Solar panels are connected in series circuits, and one installation may have one or more circuits as per its capacity. The circuits are connected to a PV combiner box, where each is protected by a DC circuit breaker.
US 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.
• Eaton Corp.
• Larsen and Toubro Ltd.
• Mitsubhishi Electric Corp.
• Myers Power Products Inc.
• Powell Industries, Inc.
• Rockwell Automation, Inc.,
• Schneider Electric SE
• Sécheron SA
• Sensata Technologies, Inc.
• Siemens AG

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