Circuit Breakers Market is expected to reach $15,632.3 Million by 2019


Posted October 12, 2016 by rakesh_mishra

A circuit breaker is a mechanical device manufactured to open and close a circuit by self-operated means and to open the circuit automatically on a pre-assumed overload current without damage and needs to be applied within its rating.

 
The report “Circuit Breakers Market by Application (Non-Residential/Residential, Electronic/Electrical, Transportation (Automotive/Non-Automotive), by Type (SF6, Vacuum, and others), by Voltage (HV, MV & LV), and by Region - Global Trends & Forecast to 2019”, defines and segments the circuit breaker and fuse market with analysis and forecasting of the global revenue.

Browse 69 market data tables and 53 figures spread through 160 pages and in-depth TOC on Circuit Breakers Market - Global Trends & Forecast to 2019.

http://www.marketsandmarkets.com/Market-Reports/circuit-breaker-and-fuse-market-1237.html

Early buyers will receive 10% customization on this report.

Circuit Breakers Market size is projected to reach $15,632.3 Million by 2019 at a CAGR of 6.8% from 2014 to 2019

Circuit breakers market is set to grow reasonably in coming years with the growth of western markets. With a growing concern for safety in electronic, electrical, automotive, and telecommunication equipments, the need for advance fuses and circuit breakers has increased considerably. Developing economies in Asia-Pacific, including India, China, and Indonesia are expected to be the fastest growing markets for circuit breakers.

Circuit breakers have have been replacing the fuses market since a while and are expected to continue the trend. However, fuses still have their respevtive market areas at component level protection due to few operational factors and cost advantages. Asia-Pacific and North America are the likely to be the key growth contributors to the circuit breakers market in the coming years.

Top players in the circuit breakers and fuse market include Siemens AG (Germany), ABB Ltd. (Switzerland), Schneider Electric (France), Toshiba (Japan), Alstom (France), and Mitsubishi Electric Corporation (Japan) with a combined share of around 59%.

This report analyzes various marketing trends and establishes the most effective growth strategy. It identifies market dynamics such as drivers, opportunities, burning issues, and winning imperatives. Major companies such as Siemens AG (Germany), ABB Ltd. (Switzerland), Schneider Electric (France), Toshiba (Japan), Alstom (France), and Mitsubishi Electric Corporation (Japan) have also been profiled in this report.

For this report, the major players in the market are identified through secondary and primary research based on which, their market shares are evaluated. This includes study of the annual reports of top market players and interviews with key opinion leaders such as CEOs, Directors, and marketing executives.

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Issued By Markets and Markets
Country India
Categories Business , Energy , Manufacturing
Tags circuit breakers , circuit breakers market
Last Updated October 12, 2016