Air Circuit Breaker Market By Voltage (Low Voltage, and Medium Voltage), By Type (Air Blast Circuit Breaker, and Plain Air Circuit Breaker) By Application (Industrial, Commercial, and Residential) and By Region (North America, Europe, Asia Pacific, Latin America, MEA) - Global Forecasts 2016 to 2026

Date: Nov 2020 Report Id: 4 Category: Transmission and Distribution Report Format: pdf-img excel-img ppt-img word-img

Air Circuit Breaker Market Report Overview

The Air Circuit Breaker market is projected to grow at a CAGR of 6 % to reach USD 6.2 billion by 2026 from 4 billion in 2019. Increasing growth in renewable energy and demand for safe reliable and secure power has significantly contributed to the growth of this market. Air Circuit Breaker (ACB) is used in electric circuits to provide protection under faulty conditions such as short-circuits. The primary function of an Air Circuit breaker is to interrupt the current flow after a fault is detected. The growth of the air circuit breaker market has also been due to aging infrastructure, the advent of smart cities, and grid modernization.

Air Circuit Breaker market

The research report analyses the ecosystem of Air Circuit Breaker and categorizes the Air Circuit Breaker Market to forecast the revenues and analyze the trends in each of the following below-mentioned market segments.

By Voltage

  • Low Voltage, and Medium Voltage
  • Polyester Air Circuit Breaker s

By Type

  • Air Blast Circuit Breaker
  • Plain Air Circuit Breaker Others

By Application

  • Industrial
  • Commercial
  •  Residential

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Norway
    • Italy
    • Spain
    • Netherlands
    • Rest Of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • New Zealand
    • Rest Of Asia Pacific
  • South America
  • ROW

Unique insights provided by Air Circuit Breaker Market Report also includes the following:

  1. In-depth value chain analysis
  2. Opportunity mapping
  3. Sector snapshot
  4. Comparison with alternatives
  5. Technology landscape
  6. Regulatory scenario
  7. Patent trends
  8. Market trends
  9. Covid-19 impact analysis
  10. Pricing trends
  11. Sustainability trends and environmental concerns
  12. Critical Success Factors
  13. Competitive Landscape
  14. Customer preferences

In terms of the type of circuit breaker, the air blast circuit breaker segment is estimated to be the largest segment during the forecast period

The different types of Air circuit breakers include the Air Blast Circuit Breaker and Plain Air Circuit Breaker. The Air Blast Circuit Breaker market is projected to be the largest, segment on account of growing demand from the Asia Pacific Region. These are also preferred over oil circuit breakers as there is no risk of fire hazards and they also facilitate high-speed re-closure. Airblast circuit breakers require less maintenance and are also suitable for frequent operation.

The low voltage segment is expected to be the biggest contributor to Air Circuit Breaker market in the forecast period

The market has been segmented based on voltage range into low and medium voltage. The low voltage segment accounts for the largest share as it finds high application in end-use industries, such as industrial equipment, manufacturing industries, power plants, and distribution utilities. The market is also growing on account of the growing demand for replacements and retrofits from aging utility power transmission equipment.

The industrial application was the largest market during the forecast period

The industrial segment of the air segment market was the largest market on account of the increasing demand for air circuit breakers from the manufacturing and process industries. Air circuit breakers also find applications in industrial plants and electrical machines such as capacitors, generators, and transformers, etc.

Asia-Pacific is expected to be the fastest-growing segment in the forecast period

The Asia Pacific accounted for the largest share of the Air Circuit Breaker market. It is also the fastest-growing segment. The region is also projected to witness a higher product demand in the coming years on account of increasing consumption in end-user industries. Key Air Circuit Breaker markets in Asia- Pacific include China, Japan, India, South Korea, Thailand, and Indonesia.

Air Circuit Breaker Market Dynamics such as Drivers, Restraints, Opportunities, and Challenges:

Air Circuit Breaker Market Drivers:

  • Air Circuit Breaker market is growing on account of growth in renewable energy
  • Growing Market for Energy Storage and Decentralized Power Generation

Air Circuit Breaker Market Restraints:

  • Lack of Efficient Government Policies
  • Increasing Competition from the Unorganized Sector

Air Circuit Breaker Market Opportunities:

  • The growing market for replacements and retrofits on account of aging electrical infrastructure and growing electricity demand
  • Smart Cities

Air Circuit Breaker Market Challenges:

  • Concerns Related to the Security of Power Grids

Company Profiles and Competitive Intelligence Covered in Air Circuit Breaker Market Report are:

  • ABB
  • Eaton
  • Fuji Electric
  • Larsen & Toubro
  • Mitsubishi Electric
  • Siemens
  • Schneider Electric
  • Hitachi
  • C&S Electric
  • Hyundai Electric
  • Havells
  • Legrand
  • HPL
  • Hyundai Electric
Author Credentials

Priyanka has been writing chemicals & material market research reports for the last 12 years. A post-graduate, her specialization is in the chemicals sector. Preparing end-to-end reports covering minute details for market insights, competitive intelligence and trend analysis in the CMFE sector.

    1. Product Outline
    2. What are Air Circuit Breakers
    3. Overview of Circuit breakers
    4. Sector Snapshot: Circuit Breakers
    5. Air circuit breakers comparison with other types of circuit breakers
    6. Air Circuit Breakers and their role in improving the safety of electrical grids
    7. Analysis of Air Circuit Breaker  Ecosystem / Value Chain
    8. Supply Chain Analysis
    9. Covid -19 Impact
    10. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Threats
    11. Technology Overview
    12. Patent Analysis
  2. Regulatory Landscape for Air Circuit Breaker
    1. Regulations and Standards
  3. Air Circuit Breaker  Pricing Analysis
    1. Average indicative prices of Air Circuit Breaker
    2. Comparison of Air Circuit Breaker  Prices with other alternatives
  4. Air Circuit Breaker  Market by Voltage
    1. Air Blast Circuit Breaker
    2. Plain Air Circuit Breaker Medium Voltage
  5. Air Circuit Breaker  Market by Application
    1. Industrial
    2. Commercial
    3. Residential
  6. Regional Analysis
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. UK
      3. France
      4. Norway
      5. Italy
      6. Spain
      7. Netherlands
      8. Rest Of Europe
    3. Asia Pacific
      1. China
      2. India
      3. Japan
      4. Australia
      5. New Zealand
      6. Rest Of Asia Pacific
    4. Middle East and Africa
    5. South America
  7. Key Strategic Insights
    1. New Applications
    2. Emerging Technologies
    3. Opportunity mapping
    4. Critical Success Factors
    5. Environmental Impact and sustainability issues
    6. Consumer preferences in Food Products
  8. Key Market Trends / Recent Developments
  9. Competitive Scenario
    1. Competitive Strategies of Key Players
      1. Mergers and Acquisitions
      2. Investments
      3. Joint Ventures
      4. New Product launches
    2. Strength of product portfolio
    3. Ranking of Key Players
    4. Presence of players by Geographies
    1. ABB
    2. Eaton
    3. Fuji Electric
    4. Larsen & Toubro
    5. Mitsubishi Electric
    6. Siemens
    7. Schneider Electric
    8. Hitachi
    9. C&S Electric
    10. Hyundai Electric
    11. Havells
    12. Legrand
    13. HPL
    14. Hyundai Electric

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