"Actionable Insights to Fuel Your Growth"

Vacuum Circuit Breaker Market Size, Share & Industry Analysis, By Installation ( Indoor, Outdoor ), By Capacity ( Medium Voltage , High Voltage ), By End-Users ( Commercial, Industrial , Utility, Others ) and regional forecast 2023-2030

Region : Global | Report ID: FBI104028 | Status : Ongoing

 

KEY MARKET INSIGHTS

Electricity is one of the primary demands of humans on earth. Along with the stable and reliable operation of the electrical, safety of electrical infrastructure is critical. Any damage to electrical infrastructure or human life due to excess current or faults in the circuit will hamper the operations of the electrical network. Circuit breakers play an important role in a circuit to stop any potential accidents. Vacuum circuit breakers (VCB) is one such environment-friendly used in electrical networks.   


Based on the installation, the vacuum circuit breaker is segmented in indoor and outdoor. Indoor VCB are used in commercial structures and various types of industries. Based on capacity, the vacuum circuit breaker market is segmented into medium voltage and high voltage. Vacuum circuit breakers are most preferred for medium voltage switchgear applications due to their superior arc quenching. Based on application, the vacuum circuit breaker market is segmented in utility, commercial and industrial. The utility sector uses the VCB on a large scale in substations and distribution centers.             


The major market driver for the global vacuum circuit breaker market is the increasing demand for stable and continuous electrical energy around the world. Many developed countries are now focusing on the refurbishment of aging power infrastructure. The development of smart grids will spur demand for I.O.T. compatible and GPS enabled vacuum circuit breaker.


The key market restraint for the global vacuum circuit breaker is the rising prices of raw material. The slow modernization of existing electrical infrastructure has adverse impact on the market. The availability of alternative technology has also affected the market negatively.


 

Key Market Driver -

Demand for smart grids and IoT enabled electrical infrastructure

Key Market Restraint -

Rising prices of raw material


Key Players Covered:


Some of the major companies that are present in the vacuum circuit breaker market are ABB, Siemens, Schneider Electric, G.E., Eaton, Toshiba, Mitsubishi Electric Corporation, CG Power and Industrial Solutions Limited, Fuji Electric Co, Megger, Jyoti Ltd., Yamuna Power & Infrastructure Ltd., Kirloskar Electric Company, Yueqing Liyond Electric Co., Tavrida Electric Global, and LSIS Co., Ltd.     


Regional Analysis:


The demand for a vacuum circuit breaker is dominated by the Asia-Pacific region, followed by North America, Europe, Middle-East and Africa, and Latin America. Increase in manufacturing activity and electrification initiatives in Asian countries like India, Bangladesh, Vietnam is a major driver for the vacuum circuit breaker market. The high increase in the number of manufacturing and industrial units has boosted demand for vacuum circuit breaker. Industrial sectors such as food & beverages, metal & mining, chemicals & petrochemicals, etc. use VCB for high switching purposes. The increase in railways, metros, bullet trains, IT hubs, commercial centers, etc. requires the use of vacuum circuit breakers for stable and reliable electricity supply. Rapid urbanization has increased demand for a vacuum circuit breaker in the sub-stations. Growing railway and metro network has boosted the demand for vacuum circuit breakers. The increase in the number of power generation plants and transmission infrastructure has also increased sales of vacuum circuit breakers. The African continent will have the greatest potential out of the five regions. Electrification of the African continent in the near future will fuel demand for vacuum circuit breakers in upcoming decades. The integration of renewable energy in the electrical grid in developed countries and developing countries has increased investment in the electrical power system and boost the vacuum circuit breaker market. Automation and modernization of electrical infrastructure in the North American and European regions will stimulate the demand of a vacuum circuit breaker. 


 

To gain extensive insights into the market, Request for Customization


Segmentation  


























ATTRIBUTES    


DETAILS

By Installation




  • Indoor

  • Outdoor



By Capacity




  • Medium Voltage

  • High Voltage



By End-Users




  • Commercial

  • Industrial

  • Utility

  • Others



By Geography




  • North America (USA and Canada)

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

  • Asia Pacific (Japan, 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 Middle East & Africa)



 


Key Industry Developments



  • In June 2019, Vizimax and Tavrida Electric released compact SF6-free single-pole operation-capable 24-kV metal-clad switchgear with advanced, synchronous, and transient-free switching control. This new product has used Vizimax’s controlled switching devices along with Tavrida’s vacuum circuit breakers and switchgear.

  • In November 2018, Siemens Energy Management received an order from Bergenshalvøens Kommunale Kraftselskap (BKK Nett) in Norway to supply the SF6-free GIS with “clean air” and vacuum interruption systems for a voltage level of up to 145 kilovolts (kV).     


  • Ongoing
  • 2022
  • 2019-2021

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $7850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

Abb
Sumitomo
UL
GM
Fujifilm

Client Testimonials

“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