Global Circuit Breakers and Fuses Market by Type (Air, Vacuum, Oil, SF6 and Others), by Voltage (Low Voltage, Medium Voltage and High Voltage) for Automotive, Consumer Electronics, Construction, Power Generation, Industrial and Others Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020
Sarasota, FL -- (SBWIRE) -- 01/17/2017 -- Global Circuit Breakers and Fuses Market by Type (Air, Vacuum, Oil, SF6 and Others), by Voltage (Low Voltage, Medium Voltage and High Voltage) for Automotive, Consumer Electronics, Construction, Power Generation, Industrial and Others Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020.
The report covers forecast and analysis for the circuit breakers and fuses market on a global and regional level. According to the report, global demand for circuit breakers and fuses was valued at USD 21.0 billion in 2014, and is expected to reach USD 32.0 billion in 2020, growing at a CAGR of 6.5% between 2015 and 2020.The study includes drivers and restraints for the circuit breakers and fuses market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the circuit breakers and fuses market on a global level.
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In order to give the users of this report a comprehensive view on the circuit breakers and fuses, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the circuit breakers and fuses market has also been included. The study encompasses a market attractiveness analysis, wherein type segments and applications segments are benchmarked based on their market size, growth rate and general attractiveness.
The major driving factor for the global circuit breakers and fuses market is rapidly advancing industrialization and construction industry across the globe. Another key driving factor is raising demand for energy consumption among the consumers in remote areas. Government initiatives and support has provided strong boost to circuit breakers and fuses market in Asia Pacific and North America regions. However, high competition among the participants on cost of circuit and fuses is expected to hamper the growth of circuit breakers and fuses market. Nonetheless, advancement in technology to provide better energy installation and generation services can open new opportunity for the market during the years to come.
The global circuit breaker and fuses market is segmented on the basis of different types of circuit breakers such as air, vacuum, oil and SF6 circuit breakers and further it also segmented on the basis of the voltage level as low, medium and high voltage circuit breakers. In 2014, the low voltage circuit breaker was a leading contributor to the market owing to immense and rapid advancement in power grids. However, this trend is likely to continue throughout the forecast period due to development in power grids.
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Power generation is leading application market for circuit breakers and fuses and accounted over 40% share of the entire market in 2014. Rapidly rising demand for protective and efficient power installation has been resulted into healthy growth of power generation. This in turn has been resulted into high demand for circuit breakers and fuses in power generation applications. Automotive and consumer electronics are another important outlet that is projected to boost the demand for circuit breakers and fuses during the near future. This demand is attributed to emerging automotive industry coupled with rising disposable incomes in Asia Pacific region.
The study provides a decisive view on the circuit breakers and fuses market by segmenting the market based on applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Key type segments covered under this study includes air, vacuum, oil, SF6 and other. Key voltage segments covered under this study includes low voltage, medium voltage and high voltage. Key application segments covered under this study includes construction, automotive, industrial, consumer electronics, power generation and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East & Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for circuit breakers and fuses based on individual applications in all the regions and countries.
The report also includes detailed profiles of end players such as Toshiba Corporation, Alstom SA., G&W Electrics Company, Maxwell Technologies Ltd, General Electric Corp., Pennsylvania Breaker LLC, ABB Ltd., Siemens AG, and Mitsubishi Electric. The detailed description of players includes parameters such as company overview, financial overview, business strategies and recent developments of the company.
The report segments the global circuit breakers and fuses market as:
Circuit Breakers and Fuses Market: Type Segment Analysis
Global circuit breakers market, by type
Air circuit breakers
Vacuum circuit breakers
Oil circuit breakers
SF6 circuit breakers
Other media circuit breakers (CO2, DCB and Hybrid)
Global circuit breakers market, by voltage level
Low voltage circuit breakers
Medium voltage circuit breakers
High voltage circuit breakers
Global fuses market, by voltage level
Low voltage fuses
High voltage fuses
Circuit Breakers and Fuses Market: Application Segment Analysis
Others (healthcare and military)
Circuit Breakers and Fuses Market: Regional Segment Analysis
Middle East and Africa
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