Circuit Breakers Market - Brazil Industry Analysis and Forecast upto 2021
Albany, NY -- (SBWIRE) -- 06/20/2016 -- Circuit breakers are a device that stop the flow of current in an electric circuit for safety. Circuit breakers are widely used in commercial and residential construction projects. The growing brazil circuit breakers market for is mainly attributable to the increasing investment in roads, water supply, rail transport, housing, ports, and airport developments. Additionally, focused efforts on installing reliable and efficient power transmission and distribution channels, along with the development of new energy infrastructure in Brazil, is leading to a boom in the circuit breakers market in the country. This positive trend is also being supported by the government of Brazil, which is encouraging circuit breaker vendors to deploy these devices at varying voltage levels to ensure a continuous supply of power.
Description of Brazilian Market for Circuit Breakers:
The circuit breakers market in Brazil is segmented on the basis of voltage level, arc quenching medium, and application. The voltage levels seen in this market are low voltage, medium voltage, and high voltage. By arc quenching medium, the circuit breakers market is segmented into air, SF6, vacuum, and others. The application of circuit breakers is seen in areas such as industrial, automotive, construction, oil and gas, power generation, and others
Widespread Application of Low-voltage Circuit Breakers a Feature of Brazil Circuit Breakers Market
According to a recent research report, the low-voltage circuit breakers segment held the lion's share in the Brazil circuit breakers market in terms of both volume and revenue in 2014. The factor driving this segment is the popular application of low-voltage circuit breakers in electrical distribution systems of manufacturing plants, residential and industrial constructions, the oil and gas sector, and the power generation industry. In the foreseeable future, the demand for the low-voltage circuit breakers segment will remain high in Brazil, as it offers a safe solution to most industrial users.
Air Circuit Breakers to Dominate Circuit Breakers Market in Brazil
Air circuit breakers are in the leading position in the circuit breakers market of Brazil as of 2014. This segment is expected to continue its dominance as the demand for air as a medium of insulation in low-voltage circuit breakers and switchgears will remain high. Furthermore, air circuit breakers are also a preferred option in the residential construction sector, which is a burgeoning industry in Brazil. Air circuit breakers are mainly used for protecting electrical machinery such as capacitors, generators, motors, and transformers.
Rising Power Generation Segment Leads Demand from Brazilian Circuit Breakers Market
Amongst the applications, the power generation segment held a share of 35% in the Brazilian circuit breakers market in 2014. Circuit breakers of all voltage levels are used in the power generation sector. Additionally, growing concern pertaining to the reliability and safety of high-voltage power transmission is also contributing to the expanding demand for expensive high-voltage circuit breakers in the power generation industry of Brazil.
Technical Aspects of Circuit Breakers and Its Various Advantages: http://bit.ly/1TsKmpt
Some of the important players in the Brazil circuit breakers market are ABB Ltd., General Electric, Pennsylvania Breaker, LLC, , G&W Electric Company, Schneider Electric SE, Eaton Corporation, Toshiba Corporation, Alstom S.A., Siemens AG, Mitsubishi Electric, Maxwell Technologies, and WEG S.A.