Global Circuit breaker & fuse Market to reach USD 10.3 billion by 2025.
Global Circuit breaker & fuse Market valued approximately USD 6.62 billion in 2016 is anticipated to grow with a healthy growth rate of more than 5.00% over the forecast period 2017-2025. Key factors which gives growth to the Circuit breaker & fuse market are increasing need for upgradation to efficient networks along with renewable energy connectivity and increasing demand for advanced equipment in electronics, automotive and telecommunication segments owing to increasing safety concerns related to short circuits and damage due to power fluctuations, thus the market for circuit breakers and fuses is rising over the forecast period and increasing usage of circuit breakers and fuses in the automotive industry and rising energy consumption are considered to further rise the demand for these devices.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Voltage:
> High voltage
> Medium voltage
> Small voltage
By Type:
> Air
> Vacuum
> Oil
> SF6
By Application:
> Construction
> Transport
> Industrial
> Power generation
By Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2015
Base year - 2016
Forecast period - 2017 to 2025
Some of the key manufacturers involved in the market ABB Ltd., alstom SA, eaton corporation, G & W electric company, general electric (GE), Maxwell technologies Ltd., Mitsubishi electric, Pennsylvania breaker LLC, Siemens AG, Toshiba corporation. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Circuit breaker & fuse Market in Market Study:
> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors
