United States circuit breaker market is anticipated
to grow at a robust CAGR from a period of 2023-2027. The market growth can be
attributed to the increasing government initiatives to invest in smart energy
infrastructure through smart grids and smart meters. Besides, the rising need to
update the existing power grids coupled with the growing advancements in power
sector is expected to propel the market in the coming years. Additionally,
growing investments in power generation and increasing capacity additions are
also expected to fuel the market growth. The United States endures more
blackouts than any other developed nations, costing businesses about USD150
billion per year. Aging power infrastructure and lack of clear policies to
modernize the grid are found to be the main cause for increasing number of
blackouts in the country. Hence, the increasing need for the replacement of
aging grid infrastructure has led to an increased demand for circuit breakers,
which in turn, is supporting the growth of the United States circuit breakers
market.
United States circuit breaker market is
segmented on the basis of voltage, type, end-use, and region. Based on voltage,
the market is divided into high voltage and medium voltage.
The medium voltage segment is projected
to lead the market for the next five years, owing to the growing investments in
updating the outdated power supply system. On the basis of type, the market is
divided into outdoor circuit breaker and indoor circuit breaker. The outdoor circuit breaker segment leads the
market and is expected to maintain its position over the next five years due to
its applications such as low maintenance, protection against extreme climate
changes, etc.
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Some of the leading players in the United
States Circuit Breaker Market are Siemens, ABB, Schneider Electric, Eaton, Toshiba,
Mitsubishi, Fuji Electric, Larsen & Toubro, Powell,
CG Power, etc.
Attribute
|
Details
|
Historic Data
|
2017 – 2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023 – 2027
|
Quantitative Units
|
Revenue in USD Million, CAGR for
2017-2021 and 2022-2027
|
Report coverage
|
Revenue Forecast, Company Share,
Competitive Landscape, Growth Factors, And Trends
|
Segments covered
|
·
By Voltage
·
By Type
·
By End-User
|
Region scope
|
Northeast Region, South Region, Mid-West
Region, West Region
|
Key companies profiled
|
Siemens, ABB, Schneider Electric,
Eaton, Toshiba, Mitsubishi, Fuji Electric, Larsen & Toubro, Powell, CG
Power
|
Customization scope
|
10% free report customization with
purchase. Addition or alteration to regional & segment scope.
|
Pricing and purchase options
|
Avail customized purchase options to
meet your exact research needs. Explore purchase options
|
Report Scope:
In this report, United States circuit breaker market has been
segmented into following categories, in addition to the industry trends which
have also been detailed below:
- United States Circuit Breaker Market,
By Voltage:
- High Voltage
- Live
Tank Circuit Breaker
- Dead
Tank Circuit Breaker
- Medium Voltage
- Live
Tank Circuit Breaker
- Dead
Tank Circuit Breaker
- United States Circuit Breaker Market,
By Type:
- Outdoor Circuit Breaker
- High
Voltage
- Medium
Voltage
- Indoor Circuit Breaker
- United States Circuit Breaker Market,
By End-User:
- Renewables
- Power Generation
- Transmission & Distribution Utilities
- Railways
- Others
- United States Circuit Breaker Market,
By Region:
- Northeast Region
- South Region
- Mid-West Region
- West Region
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in United States circuit breaker market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according the company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit
margin analysis in case of direct and indirect sales channel.
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