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Global DC Circuit Breaker Market Size, Share, Forecast: 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; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

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.

 

DC Circuit Breaker Market Report Snapshots

DC Circuit Breaker Market Size

DC Circuit Breaker Market Growth

DC Circuit Breaker Companies

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global DC Circuit Breaker Market Analysis

    8.1    Key Industry Highlights
    8.2    Global DC Circuit Breaker Historical Market (2018-2023) 
    8.3    Global DC Circuit Breaker Market Forecast (2024-2032)
    8.4    Global DC Circuit Breaker Market by Voltage
        8.4.1    Medium Voltage
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    High Voltage
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global DC Circuit Breaker Market by Type
        8.5.1    Solid-State
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Hybrid 
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global DC Circuit Breaker Market by Insulation
        8.6.1    Vacuum 
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Gas
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global DC Circuit Breaker Market by End User 
        8.7.1    Transmission and Distribution Utilities 
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Power Generation
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Renewables 
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Railways
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)    
    8.8    Global DC Circuit Breaker Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032)
9    North America DC Circuit Breaker Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe DC Circuit Breaker Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific DC Circuit Breaker Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America DC Circuit Breaker Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa DC Circuit Breaker Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value  Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1     ABB
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Mitsubishi Electric Corporation
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Larsen & Toubro
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Rockwell Automation
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Entec Electric and Electronic
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global DC Circuit Breaker Market: Key Industry Highlights, 2018 and 2032
2.    Global DC Circuit Breaker Historical Market: Breakup by Voltage (USD Billion), 2018-2023
3.    Global DC Circuit Breaker Market Forecast: Breakup by Voltage (USD Billion), 2024-2032
4.    Global DC Circuit Breaker Historical Market: Breakup by Type (USD Billion), 2018-2023
5.    Global DC Circuit Breaker Market Forecast: Breakup by Type (USD Billion), 2024-2032
6.    Global DC Circuit Breaker Historical Market: Breakup by Insulation (USD Billion), 2018-2023
7.    Global DC Circuit Breaker Market Forecast: Breakup by Insulation (USD Billion), 2024-2032
8.    Global DC Circuit Breaker Historical Market: Breakup by End User (USD Billion), 2018-2023
9.    Global DC Circuit Breaker Market Forecast: Breakup by End User (USD Billion), 2024-2032
10.    Global DC Circuit Breaker Historical Market: Breakup by Region (USD Billion), 2018-2023
11.    Global DC Circuit Breaker Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.    North America DC Circuit Breaker Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    North America DC Circuit Breaker Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Europe DC Circuit Breaker Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Europe DC Circuit Breaker Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific DC Circuit Breaker Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Asia Pacific DC Circuit Breaker Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Latin America DC Circuit Breaker Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Latin America DC Circuit Breaker Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Middle East and Africa DC Circuit Breaker Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Middle East and Africa DC Circuit Breaker Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Global DC Circuit Breaker Market Structure

Key Questions Answered in the Report

In 2023, the global DC circuit breaker market attained a value of nearly USD 2.98 billion in 2023.

The market is projected to grow at a CAGR of 6.2% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 5.12 billion by 2032.         

The major drivers of the market include the rising demand for reliable and secure power supply and growing investments in electrification projects.

The key trends fuelling the market growth are the growing demand for clean energy, technological advancements in power devices, and the increasing investments in the transmission and distribution infrastructure.

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

The major segments based on voltage of DC circuit breaker considered in the market report are medium voltage and high voltage.

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

Vacuum and gas are the different segments based on insulation of DC circuit breaker considered in the market report.

The various end users of the product are transmission and distribution utilities, power generation, renewables, and railways.

The major players in the market 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 2.98 billion in 2023, 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 2024-2032, growing at a CAGR of 6.2%. The market is projected to reach USD 5.12 billion by 2032.         

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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