Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Base Year
Historical Year
Forecast Year
The global molded case circuit breaker market is expected to grow at a CAGR of 4.30% between 2024 and 2032. Major market drivers are rapid industrialisation, rising inclination towards reliable electricity protection devices, and research and development activities of transmission and distribution networks.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
A molded case circuit breaker is a type of electrical device that is used to provide protection to electrical circuits from heavy currents which are capable of causing short circuits. They can be used in any environment including industrial, residential, or commercial. They are used to protect electrical circuits from ground faults, short circuits, and thermal overloads with the help of electromagnetic and thermomagnetic mechanisms to break the flow of current.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on rated current, the molded case circuit breaker market can be divided into 0A - 75A, 75A - 250A, 250A - 800A, and above 800A. By end-user, the market is segmented into industrial, residential and commercial, and power utilities, among others. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global molded case circuit breaker market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
The industrial sector is expected to account for a larger share in the market because of increasing demand for stable energy, and its sizable share of distributed power consumption. Moreover, growing use of expensive and large electrical equipment in the industrial sector is also increasing the demand for molded case circuit breakers to protect the equipment.
Significant energy consumption and need for molded case circuit breaker can be observed in the manufacturing industries which produce iron and steel, non-ferrous metals, refining, basic chemicals, food, non-metallic minerals, and paper. Rising electricity demand from these sectors and need for stable electricity is helping the molded case circuit breaker market grow rapidly.
Rapid industrialisation and strict compliance requirements on electrical safety is expected to help the market for molded case circuit breakers in North America to grow rapidly. The growth is anticipated to further fuel by growing infrastructure of residential and commercial sectors. With increase in usage of electronic devices, there is greater awareness and need for adequate protection against short circuits.
The Asia Pacific market for molded case circuit breakers is also expected to witness significant growth in the coming years, due to the expansion of electricity and power grid networks, particularly in emerging economies. With increasing demands for power and growing frequency of voltage fluctuations, molded case circuit breakers provide protection by automatically turning off the circuit during abnormalities. This is likely to surge the growth of the molded case circuit breaker market in the Asia Pacific region in the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
ABB Ltd. is a technology company that deals with automation and electrification. It has its headquarter in Zurich, Switzerland and was founded in 1988.They provide products such as control room solutions, metallurgy products, low voltage products, and motors and generators. They also provide systems such as power electronics and control systems.
Hitachi Ltd. was established in 1910 and is headquartered in Tokyo, Japan. It manufactures and delivers construction machinery, smart life and eco-friendly systems, information and telecommunication systems, social infrastructure and industrial systems, automotive systems, power systems, and electronic system and equipment such as railway systems, IoT solutions, and amorphous core transformers, among other products.
Eaton Corporation Plc was founded in 1911 and is based in Dublin, Ireland. It is a power management company which provides a variety of products along with services including fuel efficient systems, components that guide commercial safely, and power chain management tools. Some of its products are clutches and brakes, ducting solutions, cylinders, actuators and motion control, conduit, and cable and wire management.
Other market players include Legrand, WEG Equipamentos Elétricos S.A., Rockwell Automation Inc., Eaton Corporation PLC, and Siemens AG, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Rated Current |
|
Breakup by End-User |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The global market for molded case circuit breakers is expected to grow at a CAGR of 4.30% between 2024 and 2032.
The major market drivers include rapid industrialisation, rising inclination towards reliable electricity protection devices, and increasing research and development activities of transmission and distribution networks.
The key trends of the market are rising demand from commercial and industrial sectors, increasing investments by key players, and increasing rate of energy consumption and expanding power distribution network.
Key market players include ABB Ltd., Hitachi Ltd., Eaton Corporation Plc, Legrand, WEG Equipamentos Elétricos S.A., Rockwell Automation Inc., Eaton Corporation PLC, and Siemens AG, among others.
A molded case circuit breaker is a type of electrical device that is used to provide protection to electrical circuits from heavy currents which are capable of causing short circuits.
They can be used in any environment including industrial, residential and commercial, and power utilities, among others.
The global molded case circuit breaker market is segmented based on rated current, end-user, and region.
They are used to protect electrical circuits from ground faults, short circuits, and thermal overloads with the help of electromagnetic and thermomagnetic mechanisms to break the flow of current.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124