Global Circuit Breaker Market Size, Share and Industry

New York, June 10, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Circuit Breakers Market Size, Share & Industry Trends Analysis Report By Installation, By Insulation Type, By Voltage, By End User, By Regional Outlook and Forecast, 2022 – 2028″ – https://www.reportlinker.com/p06283408/?utm_source=GNW It can be operated manually or automatically. New York, June 10, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Circuit Breakers Market Size, Share & Industry Trends Analysis Report By Installation, By Insulation Type, By Voltage, By End User, By Regional Outlook and Forecast, 2022 – 2028″ – https://www.reportlinker.com/p06283408/?utm_source=GNW It can be operated manually or automatically. New York, June 10, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of “Report to analyze the global circuit breaker market size, share and industry trends by installation, by insulation type, by voltage, by end user, by Regional Review and Forecast 2022-2028 – https://www.reportlinker.com/p06283408/?utm_source=GNW Can be manually or automatically driven. NEW YORK, June 10, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of “Analysis Report on Global Circuit Breakers Market Size, Share and Industry Trends, by Installation, Insulation Type, Voltage, End User, by 2022″ – Regional perspectives and forecasts for 2028 – https://www.reportlinker.com/p06283408/?utm_source=GNW Can be done manually or automatically. During a short circuit or other type of electrical fault, large fault currents flow through the equipment, which breaks the circuit. This helps protect the electrical system. In addition, it is used to protect electrical systems in applications such as small and medium-sized substations, high voltage transmission lines, railway systems, distribution lines, etc. There is also the involvement of national governments, non-profit organizations and international financial institutions. The World Bank has had a major impact on the adoption of circuit breakers around the world in terms of increasing the speed of access to energy. In addition, the increase in electricity consumption has proportionally increased the need for circuit breakers. Circuit breakers are used in energy related applications to determine the sensitivity to high residual currents for optimal protection. On the other hand, greenhouse gas emissions from SF6 circuit breakers will hinder market growth. Due to accelerating urbanization and population growth, the need to upgrade transmission networks has increased significantly, especially in emerging economies. As a result, the governments of these countries have focused on increasing power generation capacity to meet the growing demand for electricity in rural and urban areas. Therefore, the demand for circuit breakers has increased. In addition, governments in industrialized countries are replacing obsolete electrical equipment with energy efficient systems to ensure electrical safety and reduce waste. For example, countries are upgrading their electrical grids and transmission lines, which is driving the growth of the industry. Impact of COVID-19 Due to the outbreak of COVID-19, the circuit breaker market is likely to shrink in 2020. Over the past two months, the COVID-19 pandemic has negatively affected the power industry around the world. The electricity demand curve is taking a new shape, especially in countries that have been severely impacted by the pandemic. In addition, restrictions imposed by countries to combat the spread of the virus are reducing demand for electricity, which could negatively affect global markets. In addition, efforts to upgrade the network are likely to decline during this period. Market Growth Drivers Increasing investment in electricity generation, especially in renewable energy According to the International Energy Agency (IEA), the total investment in renewable energy production in 2020 worldwide amounted to 281 billion US dollars. In 2018, the global energy industry invested $308 billion in renewable energy. For example, photovoltaics and wind turbines require special safety mechanisms. Therefore, a circuit breaker is required to connect the power plant to the switchgear and the network. In the electrical system, this is one of the most critical and critical components. It protects the power system and regulates the power supply. Concerns about the reliability of renewables have bolstered the market for renewable energy production and distribution. Growing Demand for Medium Voltage Circuit Breakers and Expansion of Electrification Initiatives With increasing investment in the transmission and distribution industry, medium voltage circuit breakers are in high demand. Medium voltage circuit breakers are circuit breakers with a medium voltage range of 400 volts to 15 kV. They are so called because they do not work well at very low voltages and do not work perfectly at very high voltages. Therefore, they usually operate at moderate voltage levels around this value. There is an increased need for medium voltage fuses in transformers, T&D networks, circuit and motor protection, as well as industrial applications, and renewable energy generation and distribution.Market Restraining FactorsThe adverse impact of the COVID-19 pandemicThe COVID-19 pandemic has hindered the expansion of the power industry, as more countries implement state-wide lockdowns to prevent the sickness from spreading further. There is an increased need for medium voltage fuses in transformers, T&D networks, circuit and motor protection, as well as industrial applications, and renewable energy generation and distribution.Market Restraining FactorsThe adverse impact of the COVID-19 pandemicThe COVID-19 pandemic has hindered the expansion of the power industry, as more countries implement state-wide lockdowns to prevent the sickness from spreading further. Растет потребность в предохранителях среднего напряжения в трансформаторах, сетях T&D, защите цепей и двигателей, а также в промышленности, при производстве и распределении возобновляемой энергии. There is a growing need for medium voltage fuses in transformers, T&D networks, circuit and motor protection, as well as in industry, renewable energy production and distribution. expansion of the energy industry as more countries impose nationwide lockdowns to prevent the disease from spreading further. There is a growing demand for medium voltage fuses in transformers, transmission and distribution networks, circuit and motor protection, as well as in industry, as well as in the production and distribution of renewable energy. Market Restrictions Negative Impact of the COVID-19 Pandemic The COVID-19 pandemic has put a brake on the development of the electric power industry as more and more countries impose statewide restrictions to prevent further spread of the disease. The renewable energy industry, which grew at an alarming rate until recently, has slowed down in recent months. This slowdown is mainly due to the economic downturn, which has led to a decrease in electricity consumption in various end-use sectors. Due to lower energy consumption, utilities are expected to invest little in replacing existing grid infrastructure and installing new renewables. Installation prospects Depending on the installation, the market is divided into outdoor and indoor. In 2021, the outdoor advertising segment will have the largest market share. Demand for outdoor circuit breakers is growing as countries with a high level of urbanization upgrade their infrastructure. Growth in this segment will be driven by growing demand for outdoor circuit breakers protecting electrical equipment and circuits in industrial and utility applications. In addition, the continuous development of infrastructure construction and the construction and construction of energy infrastructure such as power generation, transmission and distribution, as well as the rapid growth in the renewable energy industry, is expected to drive the demand for outdoor circuit breakers in these industries. Overview of insulation type Depending on the type of insulation, the market is divided into gas, oil, vacuum and air. In 2021, the gas circuit breakers segment accounted for the largest share of revenue in the circuit breakers market. Gas circuit breakers are popular due to their good dielectric properties and small size. Demand for retrofitting existing substations or building new substations due to increased investment in renewable energy is likely to drive the gas insulated switchgear market in Asia Pacific and then in Europe. Growth in this segment will be driven by growing demand for gas circuit breakers in the industrial, utility and commercial sectors. In addition, increased focus on distributed energy infrastructure and the rapid growth of the renewable energy industry are expected to drive market growth. The voltage outlook is based on voltage and the market is segmented into high, medium and low. The medium voltage segment will capture a significant share of the circuit breaker market revenue in 2021. This is because medium voltage circuit breakers are widely used in industrial, infrastructure and utility applications. In addition, medium-sized circuit breakers have the most applications and are expected to grow at a high rate. Due to their compact size and greater reliability than air circuit breakers, vacuum circuit breakers are the most preferred type of medium voltage circuit breakers in industrial environments. The fundamental difference between a vacuum circuit breaker and an air circuit breaker is that the contact assembly is enclosed in a vacuum cylinder. The moving contact assembly consists of a rod with a closed contact at one end and a drive mechanism outside the vacuum chamber at the other end End User Perspectives Depending on the end user, the market is divided into utility, industrial, residential and commercial. . The utility segment will account for the largest share of revenue in the circuit breaker market in 2021. This is due to the growing demand for energy in both developing and developed countries, which has led to an increase in the need for circuit breakers in utility applications. In addition, rising energy consumption, coupled with cleaner electricity generation, is likely to drive the expansion of the renewable energy segment. For utility applications, medium and high voltage switchgear are commonly used. SF6 circuit breakers are losing favor in utility-scale applications due to environmental concerns, and a replacement for an SF6-based automatically operated electrical switch is being researched, developed, and demonstrated.Regional OutlookBased on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. SF6 circuit breakers are losing favor in utility-scale applications due to environmental concerns, and a replacement for an SF6-based automatically operated electrical switch is being researched, developed, and demonstrated.Regional OutlookBased on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. SF6 circuit breakers are losing popularity in utilities due to environmental concerns, and a replacement for SF6 based circuit breakers is currently being researched, developed and demonstrated. , Europe, Asia Pacific, Latin America, Middle East and Africa. SF6 circuit breakers have fallen out of favor in utility applications due to environmental concerns, and SF6-based replacements for self-acting electrical switches are currently being researched, developed, and demonstrated. Regional overview Depending on the region, the market is divided into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. In 2021, Asia-Pacific will become the dominant region in the circuit breaker market, gaining the largest revenue share. This is due to the large consumer base and the presence of major players in the region. In addition, significant growth in the renewable energy segment, increased investment in upgrading aging energy infrastructure, and rapid industrialization in the region are expected to drive the circuit breaker market in the coming years. The main strategy followed by market participants is product launch. Based on cardinal matrix analysis, Siemens AG and ABB, Ltd. are pioneers in the circuit breakers market. Companies such as Schneider Electric, Mitsubishi Electric, Eaton and others are among the key innovators in the market. The market research report covers the analysis of the main stakeholders in the market. Key companies featured in the report include Siemens AG, ABB Group, Eaton Corporation PLC, Schneider Electric SE, Alstom Holdings, Mitsubishi Electric Corporation, Furukawa Electric Co., Ltd., Toshiba Corporation, Kirloskar Electric Co. Ltd. and Powell Industries, Inc. .Recent strategic partnerships, collaborations and agreements deployed in the circuit breaker market: February 2022: Eaton entered into a partnership agreement with South Korean multinational conglomerate LG Electronics. Through this partnership, Eaton will combine its smart power management technology with smart circuit breakers and electric vehicle chargers in the LG ThinQ Energy mobile app, as well as LG’s energy management solutions to clearly manage home load. January 2022: Eaton forms a partnership with Samsung, an international electronics company. Through this collaboration, consumers of the Samsung SmartThings Energy platform can use Eaton’s smart circuit breakers to expand their ability to observe and visualize energy usage from connected technologies other than Samsung devices. June 2021: Mitsubishi Electric and Siemens, a German multinational conglomerate. The MoU aims to conduct a feasibility study to jointly develop a zero-GWP high-voltage switchgear solution that replaces greenhouse gases with clean air. In addition, both companies will explore ways to apply clean air isolation technology to higher voltages. Moreover, the companies would begin with a 245kV dead-tank circuit destroyer that would boost the accessibility of climate-neutral HV switching solutions for consumers across the globe.Jun-2021: Toshiba Energy Systems & Solutions came into a partnership with Meidensha, a manufacturer and provider of water treatment equipment, electronic equipment, and information equipment. Moreover, the companies would begin with a 245kV dead-tank circuit destroyer that would boost the accessibility of climate-neutral HV switching solutions for consumers across the globe.Jun-2021: Toshiba Energy Systems & Solutions came into a partnership with Meidensha, a manufacturer and provider of water treatment equipment, electronic equipment, and information equipment. In addition, the companies will start with a 245kV open-circuit destroyer that will increase the availability of climate-neutral high voltage switching solutions for consumers around the world. Июнь 2021 г.: Toshiba Energy Systems & Solutions заключила партнерское соглашение с производителем и поставщик оборудования для очистки воды, электронного оборудования и информационного оборудования. June 2021: Toshiba Energy Systems & Solutions entered into a partnership agreement with a manufacturer and supplier of water treatment equipment, electronic equipment and information equipment. In addition, both companies will start with a 245 kV non-power-operated box-type circuit breaker, which will increase the availability of climate-neutral high-voltage switching solutions to consumers worldwide. Июнь 2021 г.: Toshiba Energy Systems & Solutions Corporation и Meiden Corporation, производитель оборудования для очистки воды, поставщик электронного и информационного оборудования, заключают партнерские отношения. June 2021: Toshiba Energy Systems & Solutions Corporation and Meiden Corporation, a manufacturer of water treatment equipment, a supplier of electronic and information equipment, enter into a partnership. As part of this collaboration, the two companies aim to jointly develop gas insulated switchgear (GIS) for 72 kV/84 kV using natural gas. Product launches and product expansion: October 2021: Schneider Electric introduces Resi9, a family of electrical consumer units. The device provides the highest level of security for the protection of household circuits today. In addition, the electrical device provides unprecedented time savings for adjusting modifications. October 2021: Schneider Electric introduces the PowerPacT molded case circuit breakers. Circuit breakers enable consumers to work more efficiently and deliver the unrivaled precision of tomorrow’s power supply. In addition, the improved circuitry features features such as an updated front cover design, Visi-TripTM circuit breaker position indicator LED, Zigbee wireless technology, and translucent circuit breakers. January 2021: ABB India launches DIN-Rail, a complete range of miniature circuit breakers, residual current devices and isolators. DIN rail kits provide excellent protection for electrical circuits against possible damage from short circuits, overloads and leakage currents in buildings. September 2020: Siemens launches the 3WA series. The launch aims to upgrade Sentron air circuit breaker products to meet all low voltage cycling needs in the digital ecosystem. In addition, the 3WA series supports software-based design and planning, digital monitoring and testing, and full integration of automation and IoT systems. August 2020: Schneider Electric introduces a new era of ComPacT molded case circuit breakers. The ComPacT series offers ready-to-connect, modular plug-and-play add-ons that enhance your viewing experience. Acquisitions and Mergers: November 2021: Schneider Electric acquires DC Systems BV. With this acquisition, Schneider Electric is integrating its offerings to provide consumers with the resiliency and simplicity of a growing number of interoperable applications, including in unreliable microgrids. or remote applications such as government lighting. Август 2021 г .: дочерняя компания Mitsubishi Power Products корпорации Mitsubishi Electric завершила сделку по приобретению Smarter Grid Solutions, ведущей британской компании, занимающейся технологиями интеллектуальных сетей. С этим приобретением компания стремится обезуглероживать производство электроэнергии и разрабатывает передовые продукты и процессы в течение последнего десятилетия. Кроме того, Mitsubishi Power Products интегрирует продукты Smarter Grid Solutions в свой портфель решений для управления сетью, чтобы помочь потребителям ориентироваться в изменениях и по-прежнему получать наилучшие результаты от сети. Март 2021: Eaton завершает приобретение Universal High-Tech, дочерней компании Universal Group. Благодаря этому приобретению мощные возможности High Tech по поставке продукции и производству в сочетании с глобальным масштабом Eaton и обширным рынком в Юго-Восточной Азии будут способствовать развитию компаний по производству низковольтных электрических компонентов в Азии. Март 2021 г .: Eaton приобретает Tripp Lite, производителя средств защиты электропитания и подключенного электрооборудования. Благодаря этому приобретению портфель продуктов Tripp Lite расширит спектр предложений периферийных вычислений и децентрализованных ИТ-продуктов, а также расширит бизнес однофазных ИБП. Август 2020 г.: Schneider Electric завершает сделку по приобретению ProLeiT AG, ведущего мирового поставщика систем управления для пищевой промышленности и производства напитков. This acquisition aimed to improve solution offering and dept domain expertise to provide more value to customer-packaged goods producers.Jan-2020: Siemens signed an agreement to acquire C&S Electric Limited. Это приобретение было направлено на улучшение предложения решений и опыта отдела в предметной области, чтобы повысить ценность производителей товаров, упакованных для клиентов Январь 2020 г .: Siemens подписала соглашение о приобретении C&S Electric Limited. Приобретение предназначено для улучшения предложений решений и отраслевого опыта, чтобы обеспечить дополнительную ценность для производителя упакованных товаров для клиентов. 2020 年1 月：西门子签署了收购C&S Electric Limited 的协议。 Январь 2020 г .: Siemens подписывает соглашение о приобретении C&S Electric Limited. Благодаря этому приобретению компания стремится укрепить свои позиции в качестве крупного поставщика низковольтных циклов питания и электроустановочных технологий в одной из самых быстрорастущих экономик мира. Сегменты рынка, охваченные в отчете о масштабах исследования: По установке • Наружный • Внутренний По типу изоляции • Газовый • Масло • Вакуумный • Воздушный По напряжению • Высокий • Средний • Низкий По конечному пользователю • Коммунальные услуги • Промышленный • Жилой • Коммерческий По географическому расположению • Северная Америка o США, Канада, Мексика, o Остальные страны Северной Америки • Европа, Германия, o Великобритания, Франция, Россия, o Испания, o Италия, o Остальные страны Европы, • Азиатско-Тихоокеанский регион, Китай, Япония, Индия, Корея, Сингапур, Малайзия, остальные страны Азиатско-Тихоокеанского региона, • LAMEA, Бразилия, Аргентина, ОАЭ, Саудовская Аравия, Южная Африка, Нигерия, другие Профили компаний LAMEA• Siemens AG• Группа ABB• Eaton Corporation PLC• Schneider Electric SE• Alstom Holdings• Mitsubishi Electric Corporation• Furukawa Electric Co., Ltd.• Toshiba Corporation• Kirloskar Electric Co. . Ltd.• Уникальные продукты Powell Industries, Inc.• Полное покрытие• Самый большой набор рыночных таблиц и данных• Доступна модель на основе подписки• Гарантия лучшей цены• Гарантирована послепродажная исследовательская поддержка, 10 % бесплатной настройки Читать полный отчет: https: //www.reportlinker.com/p06283408/?utm_source=GNWAbout ReportlinkerReportLinker — отмеченное наградами решение для исследования рынка. Reportlinker находит и упорядочивает последние отраслевые данные, чтобы вы могли сразу получить все необходимые исследования рынка в одном месте. ____________________________