Circuit Breaker Market Revenue to Hit $8.7 Billion by 2022
The global circuit
breaker market is projected to reach
USD 8.7 billion by 2022 from an estimated USD 6.9 billion in 2017, at a CAGR of
4.9% from 2017 to 2022. Growing access to electricity in developing countries,
increasing construction and developmental activities, and the rising number of
renewable power generation projects are the major drivers that would trigger
growth in the circuit breaker...
Air Circuit Breaker Market Projected to Reach $3.9 Billion by 2024
The global Air
Circuit Breaker Market size is projected to reach USD 3.9 billion by 2024
from an estimated USD 3.0 billion in 2019, at a CAGR of 5.2% during the
forecast period. Asia Pacific is estimated to be the largest market for air
circuit breakers, followed closely by North America. The Middle East &
Africa market is also projected to be the fastest-growing market during the
forecast period....
Low Voltage DC Circuit Breaker Market Market To Observe Exponential Growth By 2019-2024
The global Low Voltage DC Circuit Breaker Market is projected to reach USD 1.5 billion by 2024 from an estimated USD 1.2 billion in 2019, at a CAGR of 5.68%. This growth can be attributed to factors such as continued growth of construction and development of infrastructure to support electric vehicles and other electric modes of transport, increasing access to electricity in developing countries...
Circuit Breaker Market to Reach $8.68 Billion by 2022
Circuit breakers are vital part of power protection industry. Circuit breakers plays a significant part in electric power transmission and distribution. The global circuit breaker market is projected to reach USD 8.68 billion by 2022, from an estimated USD 6.85 billion in 2017, growing at a CAGR of 4.85%, from 2017 to 2022. The market in Asia Pacific was the largest in 2016 and is projected to hold...