Air Circuit Breaker Market – Global Opportunities and Forecast, 2020-2027
The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.
Key Drivers of the Air Circuit Breaker
Market:
The significant factors boosting the growth
of the global air circuit breaker market
include increasing renewable power generation, growing demand for energy
storage, decentralized power systems, and the rising need for secure and
reliable power supply at a global level. The increasing demand for electricity
and replacement of existing old circuit breakers at substations are also bolstering
the demand for the air circuit breaker market. Circuit breaker is an important
part of electrical network in industrial and commercial purpose. In addition to
this, aging electrical infrastructure, along with the rising development of
smart cities across the world is also propelling the growth of the market in
the upcoming years. On the other hand, growing competition among unorganized
sector of the air circuit breaker and shortage of efficient government policies
are hindering the growth of the market.
This report splits the Air Circuit
Breaker Market as follows:
By Voltage:
·
Low-Voltage Air Circuit Breaker
·
Medium-Voltage Air Circuit
Breaker
By Type:
·
Plain Air Circuit Breaker
·
Air Blast Circuit Breaker
By Application:
·
Industrial Air Circuit Breaker
·
Commercial Air Circuit Breaker
·
Residential Air Circuit Breaker
By Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining
countries of the LAMEA region)
Competitive
Landscape:
The air circuit
breaker market report also scans the competitive landscape and profiles the
major players operating in the market, including ABB, Hyundai Electric, Siemens
AG, Eaton Corporation, C&S Electric Ltd., Mitsubishi Electric Corporation,
Schneider Electric SE, Fuji Electric Co. Ltd., Larsen & Toubro Limited, and
Hitachi, Ltd., among others.
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Research
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