Circuit breaker is an automatically operated electrical switch designed to protect an electrical circuit from damage caused by overload or short circuit. Its basic function is to detect a fault condition and interrupt current flow. Unlike a fuse, which operates once and then must be replaced, a circuit breaker can be reset (either manually or automatically) to resume normal operation. Circuit breakers are made in varying sizes, from small devices that protect an individual household appliance up to large switchgear designed to protect high voltage circuits feeding an entire city.
This report contains market size and forecasts of Circuit Breakers in global, including the following market information:
Global Circuit Breakers Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Circuit Breakers Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Circuit Breakers companies in 2021 (%)
The global Circuit Breakers market was valued at 18420 million in 2021 and is projected to reach US$ 26370 million by 2028, at a CAGR of 5.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Air Circuit Breaker Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Circuit Breakers include General Electric, ABB, Alstom, Eaton, Mitsubishi Electric, Schneider Electric, Siemens, Maxwell and Toshiba, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Circuit Breakers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Circuit Breakers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Circuit Breakers Market Segment Percentages, by Type, 2021 (%)
Air Circuit Breaker
Oil Circuit Breaker
Sulfur Hexafluoride Circuit Breaker
Vacuum Circuit Breaker
Other Circuit Breakers
Global Circuit Breakers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Circuit Breakers Market Segment Percentages, by Application, 2021 (%)
Construction
Transport
Industrial
Consumer Electronics
Power Generation
Others (healthcare and military etc.)
Global Circuit Breakers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Circuit Breakers Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Circuit Breakers revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Circuit Breakers revenues share in global market, 2021 (%)
Key companies Circuit Breakers sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Circuit Breakers sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Electric
ABB
Alstom
Eaton
Mitsubishi Electric
Schneider Electric
Siemens
Maxwell
Toshiba
Pennsylvania Breaker
Legrand
Schurter Holding
Hager
Fuji Electric
Hyundai
CHINT Electrics
DELIXI
Changshu Switchgear
Shanghai Renmin
Liangxin