"Actionable Insights to Fuel Your Growth"

Low Voltage DC Circuit Breaker Market Size, Share and Global Trend By Type (Molded, Case Circuit Breakers, Air Circuit Breakers, Others), By Application (Battery Systems, Data Center, Solar, Transportation, Others), By End User (Industrial, Commercial, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI100925 | Status : Ongoing

 

KEY MARKET INSIGHTS

With the increasing trend to utilize more and more electronic products for human comfort, the safety in operation of the electronic devices is the primary concern. Circuit breakers are the devices installed to protect any system from short circuit, high voltages, and high currents. The adoption of renewable sources has increased, but the renewable power generation is not as stable as conventional power generation.

This requires circuit breakers to be installed during the installation of renewable sources of energy. Also, the modernization of the obsolete infrastructure with the aim of safe and secure distribution stands as an opportunity for the growth of the global low voltage dc circuit breaker market. Further, the low voltage dc circuit breakers are more in demand due to rapid industrialization and urbanization, which has increased the demand for expansion of transmission and distribution of electricity.

To gain extensive insights into the market, Request for Customization


On the basis of its type, global low voltage dc circuit breaker market can be segmented into molded case circuit breakers, air circuit breakers and others. Simple and robust construction and cost-effectiveness over other modules are the factors which have led to molded case circuits breaker to dominate this segment. Based on application, the global low voltage dc circuit breaker market can be segmented into battery systems, data center, solar, transportation, and others. The increasing demand for continuous energy and growing utilization of the solar and wind energies has seen low voltage circuit breakers to be highly deployed in the battery systems.

On the basis of the end-user, the global low voltage dc circuit breaker market can be segmented into industrial, commercial, and others. The others segment is set to dominate the global low voltage dc circuit breaker market owing to significant dependency on electronic products in the residential sector, which require dc current. Also, the existing electrical infrastructures are set to go under revamp, which will ultimately boost the demand for low voltage dc breakers in the forecast period.

The key market driver for the global low voltage dc circuit breaker market is rising investments made by governments of various countries in the generation of energy using renewable sources. This increases the number of grids and decentralized power distribution. These all factor together act as market drivers for the global low voltage dc circuit breaker market.

Key market restraint for the global low voltage dc circuit breaker market is the inconsistencies in the low voltage circuit breakers, which make it vulnerable to the operational failures. Therefore, the circuit breakers have to be repeatedly looked upon to restart the supply, which acts as market restraint for the global low voltage dc circuit breaker market.

Key Players Covered


Key players operating in the global low voltage dc circuit breaker market are ABB, Larsen and Toubro, Siemens AG, Schneider Electric, Tyrida Electric, Hitachi, Fuji Electric, Powell Industries, Sensata Technologies, Mitsubishi Electric Corporation, Hyundai Electric and Energy Systems Company, Rockwell Automation, Entec Electric and Electronic, C7S Electric, and Eaton Corporation.

SEGMENTATION


























SEGMENTATION


 DETAILS


By Type


· Molded Case Circuit Breakers

· Air Circuit Breakers

· Others


By Application


· Battery Systems

· Data Center

· Solar

· Transportation

· Others


By End-User


· Industrial

· Commercial

· Others


By Geography


· North America (The USA and Canada)

· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

· Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)

· Latin America (Brazil, Mexico and Rest of Latin America)

· Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)


Regional Analysis


The global low voltage dc circuit breaker market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The growing demand for energy and the ever-increasing urbanization have been the factors driving the growth of the global low voltage dc circuit breaker market in the Asia Pacific region. The other factor affecting the growth of the worldwide low voltage dc circuit breaker market in this region has been the growing adoption of solar energy in the region, which has resulted in increased deployment of low voltage dc circuit breaker. China, Japan, India are the dominant players in the region. Europe stands as the second most dominant region in the global low voltage dc circuit breaker market after the Asia Pacific Region, owing to its high investments in transmission grids and distribution channels for solar energy. In the North America region, the major factor driving the growth of global low voltage dc circuit breaker market is the modernization of the existing infrastructure for electricity distribution. Also, the upcoming electronic technologies have helped the demand for low voltage DC breaker to grow.

Key Industry Developments




  • In June 2019, Eaton unveiled its latest innovation in circuit protection technology. The new Power Defence molded case circuit breakers unveiled provide in-depth system visibility and predictive diagnostics in a foundational electrical system component. These improve reliability, operational efficiency and cost savings for global original equipment manufacturers, commercial constructions and data center applications.
  • In February 2019, Schneider Electric launched it is master pact MTZ high power low voltage air circuit breaker. The circuit breaker provides the customer with high reliability, enhanced performance, and safety. The masterpiece MTZ is first of its kind and is a major step towards the digitization of power distribution as said by its managing director.
  • In April 2019, ABB announced about the development of a solid-state circuit breaker which would be taking place in Italy and would be available for customer’s form 2020. The low voltage circuit breaker concept will be released at the Hannover Messe in Germany.




  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Energy & Power Clients
Itochu
GM
UL
Nikon
Ntt
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X