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Industrial Miniature Circuit Breaker Market in North America 2024-2028

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    Report

  • 125 Pages
  • July 2024
  • Region: North America
  • TechNavio
  • ID: 5849344
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The industrial miniature circuit breaker market in North America is forecasted to grow by USD 145.3 million during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the industrial miniature circuit breaker market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for MCBs from industries, increasing focus on energy efficiency in industrial sector, and growing demand of MCBs from data centers.

The industrial miniature circuit breaker market in North America is segmented as below:

By Type

  • UL 489
  • UL 1077

By Geographical Landscape

  • North America
This study identifies the growing new product developments related to mcbs as one of the prime reasons driving the industrial miniature circuit breaker market in North America growth during the next few years. Also, growing focus on replacement and upgrades of electrical systems and growing adoption of smart mcbs in industrial sector will lead to sizable demand in the market.

The report on the industrial miniature circuit breaker market in North America covers the following areas:

  • Industrial miniature circuit breaker market in North America sizing
  • Industrial miniature circuit breaker market in North America forecast
  • Industrial miniature circuit breaker market in North America industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial miniature circuit breaker market in North America vendors that include ABB Ltd., Carlo Gavazzi Holding AG, Eaton Corp. PLC, ETA Elektrotechnische Apparate GmbH, LOVATO Electric Spa, LS ELECTRIC Co. Ltd., NOARK Electric, Reunert Ltd., Schneider Electric SE, Siemens AG, and WEG S.A. Also, the industrial miniature circuit breaker market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Chart on North America: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
4 Historic Market Size
4.1 Industrial Miniature Circuit Breaker Market in North America 2018 - 2022
Historic Market Size - Data Table on Industrial Miniature Circuit Breaker Market in North America 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 UL 489 - Market size and forecast 2023-2028
Chart on UL 489 - Market size and forecast 2023-2028 ($ million)
Data Table on UL 489 - Market size and forecast 2023-2028 ($ million)
Chart on UL 489 - Year-over-year growth 2023-2028 (%)
Data Table on UL 489 - Year-over-year growth 2023-2028 (%)
6.4 UL 1077 - Market size and forecast 2023-2028
Chart on UL 1077 - Market size and forecast 2023-2028 ($ million)
Data Table on UL 1077 - Market size and forecast 2023-2028 ($ million)
Chart on UL 1077 - Year-over-year growth 2023-2028 (%)
Data Table on UL 1077 - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.4 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Table on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 ABB Ltd.
ABB Ltd. - Overview
ABB Ltd. - Business segments
ABB Ltd. - Key news
ABB Ltd. - Key offerings
ABB Ltd. - Segment focus
11.4 Carlo Gavazzi Holding AG
Carlo Gavazzi Holding AG - Overview
Carlo Gavazzi Holding AG - Product / Service
Carlo Gavazzi Holding AG - Key offerings
11.5 Eaton Corp. Plc
Eaton Corp. Plc - Overview
Eaton Corp. Plc - Business segments
Eaton Corp. Plc - Key news
Eaton Corp. Plc - Key offerings
Eaton Corp. Plc - Segment focus
11.6 ETA Elektrotechnische Apparate GmbH
ETA Elektrotechnische Apparate GmbH - Overview
ETA Elektrotechnische Apparate GmbH - Product / Service
ETA Elektrotechnische Apparate GmbH - Key offerings
11.7 LOVATO Electric Spa
LOVATO Electric Spa - Overview
LOVATO Electric Spa - Product / Service
LOVATO Electric Spa - Key offerings
11.8 LS ELECTRIC Co. Ltd.
LS ELECTRIC Co. Ltd. - Overview
LS ELECTRIC Co. Ltd. - Product / Service
LS ELECTRIC Co. Ltd. - Key news
LS ELECTRIC Co. Ltd. - Key offerings
11.9 NOARK Electric
NOARK Electric - Overview
NOARK Electric - Product / Service
NOARK Electric - Key offerings
11.10 Reunert Ltd.
Reunert Ltd. - Overview
Reunert Ltd. - Business segments
Reunert Ltd. - Key offerings
Reunert Ltd. - Segment focus
11.11 Schneider Electric SE
Schneider Electric SE - Overview
Schneider Electric SE - Business segments
Schneider Electric SE - Key news
Schneider Electric SE - Key offerings
Schneider Electric SE - Segment focus
11.12 Siemens AG
Siemens AG - Overview
Siemens AG - Business segments
Siemens AG - Key news
Siemens AG - Key offerings
Siemens AG - Segment focus
11.13 WEG S.A
WEG S.A - Overview
WEG S.A - Business segments
WEG S.A - Key news
WEG S.A - Key offerings
WEG S.A - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on North America: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 19: Historic Market Size - Data Table on Industrial Miniature Circuit Breaker Market in North America 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Five forces analysis - Comparison between 2023 and 2028
Exhibits 23: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 24: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 28: Chart on Market condition - Five forces 2023 and 2028
Exhibits 29: Chart on Type - Market share 2023-2028 (%)
Exhibits 30: Data Table on Type - Market share 2023-2028 (%)
Exhibits 31: Chart on Comparison by Type
Exhibits 32: Data Table on Comparison by Type
Exhibits 33: Chart on UL 489 - Market size and forecast 2023-2028 ($ million)
Exhibits 34: Data Table on UL 489 - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Chart on UL 489 - Year-over-year growth 2023-2028 (%)
Exhibits 36: Data Table on UL 489 - Year-over-year growth 2023-2028 (%)
Exhibits 37: Chart on UL 1077 - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Data Table on UL 1077 - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Chart on UL 1077 - Year-over-year growth 2023-2028 (%)
Exhibits 40: Data Table on UL 1077 - Year-over-year growth 2023-2028 (%)
Exhibits 41: Market opportunity by Type ($ million)
Exhibits 42: Data Table on Market opportunity by Type ($ million)
Exhibits 43: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 44: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 45: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 46: Chart on Geographic comparison
Exhibits 47: Data Table on Geographic comparison
Exhibits 48: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 49: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 52: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 53: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 56: Market opportunity By Geographical Landscape ($ million)
Exhibits 57: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits 58: Impact of drivers and challenges in 2023 and 2028
Exhibits 59: Overview on criticality of inputs and factors of differentiation
Exhibits 60: Overview on factors of disruption
Exhibits 61: Impact of key risks on business
Exhibits 62: Companies covered
Exhibits 63: Matrix on companies position and classification
Exhibits 64: ABB Ltd. - Overview
Exhibits 65: ABB Ltd. - Business segments
Exhibits 66: ABB Ltd. - Key news
Exhibits 67: ABB Ltd. - Key offerings
Exhibits 68: ABB Ltd. - Segment focus
Exhibits 69: Carlo Gavazzi Holding AG - Overview
Exhibits 70: Carlo Gavazzi Holding AG - Product / Service
Exhibits 71: Carlo Gavazzi Holding AG - Key offerings
Exhibits 72: Eaton Corp. Plc - Overview
Exhibits 73: Eaton Corp. Plc - Business segments
Exhibits 74: Eaton Corp. Plc - Key news
Exhibits 75: Eaton Corp. Plc - Key offerings
Exhibits 76: Eaton Corp. Plc - Segment focus
Exhibits 77: ETA Elektrotechnische Apparate GmbH - Overview
Exhibits 78: ETA Elektrotechnische Apparate GmbH - Product / Service
Exhibits 79: ETA Elektrotechnische Apparate GmbH - Key offerings
Exhibits 80: LOVATO Electric Spa - Overview
Exhibits 81: LOVATO Electric Spa - Product / Service
Exhibits 82: LOVATO Electric Spa - Key offerings
Exhibits 83: LS ELECTRIC Co. Ltd. - Overview
Exhibits 84: LS ELECTRIC Co. Ltd. - Product / Service
Exhibits 85: LS ELECTRIC Co. Ltd. - Key news
Exhibits 86: LS ELECTRIC Co. Ltd. - Key offerings
Exhibits 87: NOARK Electric - Overview
Exhibits 88: NOARK Electric - Product / Service
Exhibits 89: NOARK Electric - Key offerings
Exhibits 90: Reunert Ltd. - Overview
Exhibits 91: Reunert Ltd. - Business segments
Exhibits 92: Reunert Ltd. - Key offerings
Exhibits 93: Reunert Ltd. - Segment focus
Exhibits 94: Schneider Electric SE - Overview
Exhibits 95: Schneider Electric SE - Business segments
Exhibits 96: Schneider Electric SE - Key news
Exhibits 97: Schneider Electric SE - Key offerings
Exhibits 98: Schneider Electric SE - Segment focus
Exhibits 99: Siemens AG - Overview
Exhibits 100: Siemens AG - Business segments
Exhibits 101: Siemens AG - Key news
Exhibits 102: Siemens AG - Key offerings
Exhibits 103: Siemens AG - Segment focus
Exhibits 104: WEG S.A - Overview
Exhibits 105: WEG S.A - Business segments
Exhibits 106: WEG S.A - Key news
Exhibits 107: WEG S.A - Key offerings
Exhibits 108: WEG S.A - Segment focus
Exhibits 109: Inclusions checklist
Exhibits 110: Exclusions checklist
Exhibits 111: Currency conversion rates for US$
Exhibits 112: Research methodology
Exhibits 113: Information sources
Exhibits 114: Data validation
Exhibits 115: Validation techniques employed for market sizing
Exhibits 116: Data synthesis
Exhibits 117: 360 degree market analysis
Exhibits 118: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the industrial miniature circuit breaker market in North America: ABB Ltd., Carlo Gavazzi Holding AG, Eaton Corp. PLC, ETA Elektrotechnische Apparate GmbH, LOVATO Electric Spa, LS ELECTRIC Co. Ltd., NOARK Electric, Reunert Ltd., Schneider Electric SE, Siemens AG, and WEG S.A.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing new product developments related to MCBs."

According to the report, one of the major drivers for this market is the high demand for MCBs from industries.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Carlo Gavazzi Holding AG
  • Eaton Corp. Plc
  • ETA Elektrotechnische Apparate GmbH
  • LOVATO Electric Spa
  • LS ELECTRIC Co. Ltd.
  • NOARK Electric
  • Reunert Ltd.
  • Schneider Electric SE
  • Siemens AG
  • WEG S.A