Low-voltage Circuit Breaker Market Insights and Growth by 2031
Additionally, the modern electrical devices are prone to failures as a cause of electrical fluctuations, which is increasing the adoption of low-voltage circuit breakers in the residential and commercial sectors. This factor is positively influencing the growth of the low-voltage circuit breaker market globally. The growth of smart cities across the globe is posing a potential opportunity to the manufacturers of the low-voltage circuit breaker to increase their sales year on year, which is acting as a critical opportunity for the low-voltage circuit breaker market to propel over the years.
The "Global Low-Voltage Circuit Breaker Market Analysis to 2031" is a specialized and in-depth study of the low-voltage circuit breaker industry with a focus on the global market trend. The report aims to provide an overview of the global low-voltage circuit breaker market with detailed market segmentation by type, application, and geography. The global low-voltage circuit breaker market is expected to witness high growth during the forecast period. The low-voltage circuit breaker market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The low-voltage circuit breaker market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global low-voltage circuit breaker market based on type and application. It also provides market size and forecast till 2031 for the overall low-voltage circuit breaker market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The low-voltage circuit breaker market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 counties globally along with the current trend and opportunities prevailing in the region.
Besides this, the report on low-voltage circuit breaker market analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics influencing the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides region wise exhaustive PEST analysis. Further, the report analyses the low-voltage circuit breaker market ecosystem.
The low-voltage circuit breaker market report also focuses on leading industry players with information such as company overview, products, and services offered, financial information for the last 3 years, the key development in the past five years. The key low-voltage circuit breaker market players influencing the market are ABB Ltd., Schneider Electric, Mitsubishi Electric Corporation, Siemens AG, Hangshen Electric, Hanghai Liangxin Electric Co. Ltd., Chint Group, Hyundai Electric & Energy System Co. Ltd., General Electric and Fuji Electric among others. REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1. Low-voltage Circuit Breaker Market - By Type
1.3.2. Low-voltage Circuit Breaker Market - By Application
1.3.3. Low-voltage Circuit Breaker Market - By Region
1.3.3.1. By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LOW-VOLTAGE CIRCUIT BREAKER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. ECOSYSTEM ANALYSIS
4.3. PEST ANALYSIS
4.3.1. North America - PEST Analysis
4.3.2. Europe - PEST Analysis
4.3.3. Asia Pacific (APAC) - PEST Analysis
4.3.4. Middle East & Africa (MEA) - PEST Analysis
4.3.5. South America (SAM)- PEST Analysis
5. LOW-VOLTAGE CIRCUIT BREAKER MARKET - KEY INDUSTRY DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. LOW-VOLTAGE CIRCUIT BREAKER MARKET - GLOBAL MARKET ANALYSIS
6.1. LOW-VOLTAGE CIRCUIT BREAKER - GLOBAL MARKET OVERVIEW
6.2. LOW-VOLTAGE CIRCUIT BREAKER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/ MARKET SHARE
7. LOW-VOLTAGE CIRCUIT BREAKER MARKET REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. MOLDED-CASE CIRCUIT BREAKER (MCCB)
7.3.1. Overview
7.3.2. Molded-case Circuit Breaker (MCCB) Market Forecast and Analysis
7.4. MINIATURE CIRCUIT BREAKER (MCB)
7.4.1. Overview
7.4.2. Miniature Circuit Breaker (MCB) Market Forecast and Analysis
7.5. AIR CIRCUIT BREAKER (ACB)
7.5.1. Overview
7.5.2. Air Circuit Breaker (ACB) Market Forecast and Analysis
8. LOW-VOLTAGE CIRCUIT BREAKER MARKET REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ENERGY ALLOCATION
8.3.1. Overview
8.3.2. Energy Allocation Market Forecast and Analysis
8.4. AUTOMATIC CIRCUIT SHUTOFF
8.4.1. Overview
8.4.2. Automatic Circuit Shutoff Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. LOW-VOLTAGE CIRCUIT BREAKER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1. North America Low-voltage Circuit Breaker Market Overview
9.1.2. North America Low-voltage Circuit Breaker Market Forecasts and Analysis
9.1.3. North America Market Forecasts and Analysis - By Type
9.1.4. North America Market Forecasts and Analysis - By Application
9.1.5. North America Market Forecasts and Analysis - By Countries
9.1.5.1. US market
9.1.5.1.1. US Market by Type
9.1.5.1.2. US Market by Application
9.1.5.2. Canada market
9.1.5.2.1. Canada Market by Type
9.1.5.2.2. Canada Market by Application
9.1.5.3. Mexico market
9.1.5.3.1. Mexico Market by Type
9.1.5.3.2. Mexico Market by Application
9.2. EUROPE
9.2.1. Europe Low-voltage Circuit Breaker Market Overview
9.2.2. Europe Low-voltage Circuit Breaker Market Forecasts and Analysis
9.2.3. Europe Market Forecasts and Analysis - By Type
9.2.4. Europe Market Forecasts and Analysis - By Application
9.2.5. Europe Market Forecasts and Analysis - By Countries
9.2.5.1. France market
9.2.5.1.1. France Market by Type
9.2.5.1.2. France Market by Application
9.2.5.2. Germany market
9.2.5.2.1. Germany Market by Type
9.2.5.2.2. Germany Market by Application
9.2.5.3. Italy market
9.2.5.3.1. Italy Market by Type
9.2.5.3.2. Italy Market by Application
9.2.5.4. Spain market
9.2.5.4.1. Spain Market by Type
9.2.5.4.2. Spain Market by Application
9.2.5.5. UK market
9.2.5.5.1. UK Market by Type
9.2.5.5.2. UK Market by Application
9.2.5.6. Rest of Europe market
9.2.5.6.1. Rest of Europe Market by Type
9.2.5.6.2. Rest of Europe Market by Application
9.3. ASIA PACIFIC (APAC)
9.3.1. Asia Pacific Low-voltage Circuit Breaker Market Overview
9.3.2. Asia Pacific Low-voltage Circuit Breaker Market Forecasts and Analysis
9.3.3. Asia Pacific Market Forecasts and Analysis - By Type
9.3.4. Asia Pacific Market Forecasts and Analysis - By Application
9.3.5. Asia Pacific Market Forecasts and Analysis - By Countries
9.3.5.1. South Korea
9.3.5.1.1. South Korea Market by Type
9.3.5.1.2. South Korea Market by Application
9.3.5.2. China market
9.3.5.2.1. China Market by Type
9.3.5.2.2. China Market by Application
9.3.5.3. India market
9.3.5.3.1. India Market by Type
9.3.5.3.2. India Market by Application
9.3.5.4. Japan market
9.3.5.4.1. Japan Market by Type
9.3.5.4.2. Japan Market by Application
9.3.5.5. Australia market
9.3.5.5.1. Australia Market by Type
9.3.5.5.2. Australia Market by Application
9.3.5.6. Rest of APAC market
9.3.5.6.1. Rest of APAC Market by Type
9.3.5.6.2. Rest of APAC Market by Application
9.4. MIDDLE EAST AND AFRICA (MEA)
9.4.1. Middle East and Africa Low-voltage Circuit Breaker Market Overview
9.4.2. Middle East and Africa Low-voltage Circuit Breaker Market Forecasts and Analysis
9.4.3. Middle East and Africa Market Forecasts and Analysis - By Type
9.4.4. Middle East and Africa Market Forecasts and Analysis - By Application
9.4.5. Middle East and Africa Market Forecasts and Analysis - By Countries
9.4.5.1. South Africa market
9.4.5.1.1. South Africa Market by Type
9.4.5.1.2. South Africa Market by Application
9.4.5.2. Saudi Arabia market
9.4.5.2.1. Saudi Arabia Market by Type
9.4.5.2.2. Saudi Arabia Market by Application
9.4.5.3. UAE market
9.4.5.3.1. UAE Market by Type
9.4.5.3.2. UAE Market by Application
9.4.5.4. Rest of MEA market
9.4.5.4.1. Rest of MEA Market by Type
9.4.5.4.2. Rest of MEA Market by Application
9.5. SOUTH AMERICA (SAM)
9.5.1. South America Low-voltage Circuit Breaker Market Overview
9.5.2. South America Low-voltage Circuit Breaker Market Forecasts and Analysis
9.5.3. South America Market Forecasts and Analysis - By Type
9.5.4. South America Market Forecasts and Analysis - By Application
9.5.5. South America Market Forecasts and Analysis - By Countries
9.5.5.1. Brazil market
9.5.5.1.1. Brazil Market by Type
9.5.5.1.2. Brazil Market by Application
9.5.5.2. Argentina market
9.5.5.2.1. Argentina Market by Type
9.5.5.2.2. Argentina Market by Application
9.5.5.3. Rest of SAM market
9.5.5.3.1. Rest of SAM Market by Type
9.5.5.3.2. Rest of SAM Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS & ACQUISITIONS
10.2. MARKET INITIATIVES
10.3. NEW DEVELOPMENTS
11. LOW-VOLTAGE CIRCUIT BREAKER MARKET, KEY COMPANY PROFILES
11.1. ABB LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products & Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. SCHNEIDER ELECTRIC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products & Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. MITSUBISHI ELECTRIC CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products & Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. SIEMENS AG
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products & Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HANGSHEN ELECTRIC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products & Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SHANGHAI LIANGXIN ELECTRICAL CO., LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products & Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. CHINT GROUP
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products & Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. HYUNDAI ELECTRIC & ENERGY SYSTEMS CO., LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products & Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. GENERAL ELECTRIC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products & Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. FUJI ELECTRIC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products & Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ABB Ltd.
2. SCHNEIDER ELECTRIC
3. MITSUBISHI ELECTRIC CORPORATION
4. SEIMENS AG
5. HANGSHEN ELECTRIC
6. HANGHAI LIANGXIN ELECTRICAL CO., LTD
7. CHINT GROUP
8. HYUNDAI ELECTRIC & ENERGY SYSTEMS CO. LTD.
9. GENERAL ELECTRIC
10. FUJI ELECTRIC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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