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Global DC Circuit Breaker Market: By Voltage: Medium Voltage, High Voltage; By Type: Solid-State, Hybrid; By Insulation: Vacuum, Gas; By End User: Transmission and Distribution Utilities, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global DC Circuit Breaker Market Outlook

The global DC circuit breaker market reached a value of about USD 2.5 billion in 2020. The industry is further expected to grow at a CAGR of about 6.02% in the forecast period of 2021-2026 to reach a value of around USD 3.6 billion by 2026.

 

The Asia Pacific to be a Significant Regional Market for DC Circuit Breaker

The Asia Pacific was one of the major regional markets for DC circuit breaker in the historical period and is expected to grow at a healthy pace during the forecast period, with most of the demand coming from China and India. China and India are heavily investing in electrification projects, grid energy, and in the moderation and upgradation of existing electric networks to meet the growing electricity demand. These countries are starting to put a renewed emphasis on renewable energy sources as well. These factors have been supporting the growth of the DC circuit breaker industry in the overall Asia Pacific region.

 

Global DC Circuit Breaker Market

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The Asia Pacific is one of the fastest growing regional markets globally because of the increasing population, urbanisation, and industrialisation. As a result, the demand for a guaranteed power supply is high, leading to an increased demand for DC circuit breaker. The upcoming power generation sources are expected to push the growth of new transmission and distribution lines, increasing the requirements for DC circuit breakers. Rapid economic development, the rising demand for solar energy generation, and the growing demand for reliable and secure power supply are expected to drive the growth of the DC circuit breaker industry within the region.

 

DC Circuit Breaker: Industry Definition and Segmentation

An electrical switch that protects the circuit from any damage caused by an excessive supply of current in the circuit operated with direct current is known as a DC circuit breaker. The function of the DC circuit breaker is to detect the fault and to interrupt the flow of the current.

By voltage, the market can be divided into:

  • Medium Voltage 
  • High Voltage

Based on type, the market is segmented into:

  • Solid-State 
  • Hybrid

On the basis of insulation, the market is birfurcated into:

  • Vacuum
  • Gas

The end users of the market are:

  • Transmission and Distribution Utilities
  • Power Generation
  • Renewables
  • Railways

The regional markets for DC circuit breaker can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Growing Renewable Energy Sector Aiding the Market Growth of DC Circuit Breaker

The renewable energy sector is expected to grow significantly during the forecast period, owing to factors such as the rising renewable electricity share of the total electricity generation, an increasing number of utility-scale renewable projects, and the rising demand for clean energy. One of the primary drivers of the renewable energy sector is the rising demand for clean energy and, thus, is one of the factors driving the growth of DC circuit breakers in the sector. Another factor that has contributed to the growth of the renewable energy sector is the significant reduction in the CAPEX required to set up renewable energy projects such as wind and solar projects. For example, the cost of solar photovoltaic modules has dropped dramatically over the last four decades, and due to advancements in solar panel production technologies and mass production of solar panels, this trend is expected to continue in the forecast period.

The market growth of DC circuit breaker can be attributed to the growth in the electrical network infrastructure, increasing investments in the transmission and distribution infrastructure, increasing demand for reliable and secure power supply, and the increasing investments in renewable power generation, high precision industrial machines and welding and LED lighting.

 

Key Industry Players in the Global DC Circuit Breaker Market

The report gives a detailed analysis of the following key players in the global DC circuit breaker market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • ABB 
  • Mitsubishi Electric Corporation
  • Larsen & Toubro 
  • Rockwell Automation 
  • Entec Electric and Electronic
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis. 

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Voltage, Type, Insulation, End User, Region
Breakup by Voltage Medium Voltage, High Voltage
Breakup by Type Solid-State, Hybrid
Breakup by Insulation Vacuum, Gas
Breakup by End User  Transmission and Distribution Utilities, Power Generation, Renewables, Railways
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered ABB, Mitsubishi Electric Corporation, Larsen & Toubro, Rockwell Automation, Entec Electric and Electronic, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global DC Circuit Breaker Market Analysis

    8.1    Key Industry Highlights
    8.2    Global DC Circuit Breaker Historical Market (2016-2020) 
    8.3    Global DC Circuit Breaker Market Forecast (2021-2026)
    8.4    Global DC Circuit Breaker Market by Voltage
        8.4.1    Medium Voltage
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    High Voltage
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global DC Circuit Breaker Market by Type
        8.5.1    Solid-State
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Hybrid 
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
    8.6    Global DC Circuit Breaker Market by Insulation
        8.6.1    Vacuum 
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Gas
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global DC Circuit Breaker Market by End User 
        8.7.1    Transmission and Distribution Utilities 
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Power Generation
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Renewables 
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Railways
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
    8.8    Global DC Circuit Breaker Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    ABB
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Mitsubishi Electric Corporation 
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Larsen & Toubro 
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Rockwell Automation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Entec Electric and Electronic
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global DC Circuit Breaker Market: Key Industry Highlights, 2016 and 2026
2.    Global DC Circuit Breaker Historical Market: Breakup by Voltage (USD Billion), 2016-2020
3.    Global DC Circuit Breaker Market Forecast: Breakup by Voltage (USD Billion), 2021-2026
4.    Global DC Circuit Breaker Historical Market: Breakup by Type (USD Billion), 2016-2020
5.    Global DC Circuit Breaker Market Forecast: Breakup by Type (USD Billion), 2021-2026
6.    Global DC Circuit Breaker Historical Market: Breakup by Insulation (USD Billion), 2016-2020
7.    Global DC Circuit Breaker Market Forecast: Breakup by Insulation (USD Billion), 2021-2026
8.    Global DC Circuit Breaker Historical Market: Breakup by End User (USD Billion), 2016-2020
9.    Global DC Circuit Breaker Market Forecast: Breakup by End User (USD Billion), 2021-2026
10.    Global DC Circuit Breaker Historical Market: Breakup by Region (USD Billion), 2016-2020
11.    Global DC Circuit Breaker Market Forecast: Breakup by Region (USD Billion), 2021-2026
12.    North America DC Circuit Breaker Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    North America DC Circuit Breaker Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Europe DC Circuit Breaker Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Europe DC Circuit Breaker Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Asia Pacific DC Circuit Breaker Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Asia Pacific DC Circuit Breaker Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Latin America DC Circuit Breaker Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Latin America DC Circuit Breaker Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Middle East and Africa DC Circuit Breaker Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Middle East and Africa DC Circuit Breaker Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Global DC Circuit Breaker Market Structure

Key Questions Answered in the Report

In 2020, the global DC circuit breaker market attained a value of nearly USD 2.5 billion in 2020.

The market is projected to grow at a CAGR of 6.02% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 3.6 billion by 2026.

The major drivers of the market include the increasing demand for reliable and secure power supply, investments in electrification projects, increasing population, rising demand for a guaranteed power supply, technological advancements in power devices, and the increasing investments in the transmission and distribution infrastructure.

The rising demand in the renewable energy sector and the increase in demand for clean energy are the key industry trends propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading voltage segments in the market are medium voltage and high voltage.

The significant types of DC circuit breaker in the industry are solid-state and hybrid.

The major insulation segments in the industry are vacuum and gas.

The leading end users in the market are transmission and distribution utilities, power generation, renewables, and railways.

The major players in the industry are ABB, Mitsubishi Electric Corporation, Larsen & Toubro, Rockwell Automation, and Entec Electric and Electronic, among others.

Analyst Review

The global DC circuit breaker market attained a value of USD 2.5 billion in 2020, driven by the rising demand in the renewable energy sector. Aided by the increasing demand for reliable and secure power supply, investments in electrification projects, and technological advancements in power devices, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 6.02%. The market is projected to reach USD 3.6 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of voltage, that market is segmented into medium voltage and high voltage. Based on type, the market is divided into solid-state and hybrid. By insulation, the market is classified into vacuum and gas. On the basis of end users, the industry is categorised into transmission and distribution utilities, power generation, renewables, and railways. The major regional markets for DC circuit breaker are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are ABB, Mitsubishi Electric Corporation, Larsen & Toubro, Rockwell Automation, and Entec Electric and Electronic, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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