A molded case circuit breaker (MCCB) is a type of electrical protection device that is used to protect the electrical circuit from excessive current, which can cause overload or short circuits. MCCBs can be used for a wide range of voltages and frequencies with adjustable trip settings, with a current rating of up to 2500A. These breakers are used instead of miniature circuit breakers (MCBs) in large-scale PV systems for system isolation and protection purposes.
The growth in the importance of implementing rigorous practices to minimize arc flash hazards in high voltage environments and expanding electrical safety compliance requirements in the manufacturing and energy sector further fuels the growth of the molded case circuit breaker. The global electricity demand in 2021 was 25,300 terawatts per hour and is growing significantly across the globe, as per the International Energy Agency (IEA). Molded case circuit breakers are used in residential, commercial, and some small industrial applications to protect circuit boards and overall electric setups in homes and industries.
The adoption of molded case circuit breakers in residential applications is high. However, commercial applications more often use molded case circuit breakers where electricity is used at a mass scale to run offices, large complexes, and other operations. Therefore, circuit breakers are mandatorily used to provide electrical circuit protection to ensure a reliable power supply. They not only reduce investment costs but also offer protection at a relatively lower price. The above-mentioned positive factors are the major reason for the growth of the molded case circuit breaker market.
One of the major challenges in setting up a manufacturing facility is the complex physics and the difficulty of dealing with voltage discharges. Moreover, the development of new products and their calibration are the other issues faced, owing to the fact that high-intensity discharges can be disastrous with respect to life and property. In addition, with technological advancements, the manufacturing process and equipment need to be upgraded. The abovementioned factor is expected to restrain the molded case circuit breaker market expansion during the forecast period.
The global molded case circuit breakers market analysis is segmented on the basis of product type, power range, end-use, and region. On the basis of product type, the market is divided into miniature and molded case. On the basis of power range, it is divided into below 0-75A. 75-250A, 250-800A, and above 800A. On the basis of end use, it is divided into consumer power utilities, Industrial, Residential, Commercial, and others. On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Key players in the molded case circuit breakers industry are Havells India Ltd, Rockwell Automation Inc., Eaton Corporation, Siemens AG, Fuji Electric Co Ltd., Schneider Electric, General Electric, ABB Ltd., JSL Electric Corporation, Toshiba Corporation, Chint Group, and Powell Industries Inc. These players have adopted various Strategies to gain a higher share or retain leading positions in the market.
IMPACT OF COVID-19 ON THE GLOBAL MOLDED CASE CIRCUIT BREAKERS MARKET
The COVID-19 pandemic led to a decline in the demand for the molded case circuit breakers market due to a decline in the demand for power generation across the globe. In addition, the shutdown of manufacturing industries and the demand for power from various industries left a significant impact on the market.Furthermore, the outbreak of the pandemic has created awareness among the people regarding the advantages of molded case circuit breaker which has driven the growth of the global molded case circuit breakers market.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the molded case circuit breakers market analysis from 2021 to 2031 to identify the prevailing molded case circuit breakers market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the molded case circuit breakers market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global molded case circuit breakers market trends, key players, market segments, application areas, and market growth Strategies.
Key Market Segments
By Product Type
- Miniature
- Molded-Case
By Power Range
- 0-75A
- 75-250A
- 250-800A
- Above 800A
By End Use
- Power Utilities
- Industrial
- Residential
- Commercial
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- Spain
- France
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Chint Group
- Fuji Electric Co Ltd.
- Rockwell Automation Inc.
- Eaton Corporation
- Havells India Ltd
- General Electric
- ABB Ltd.
- Toshiba Corporation
- Siemens AG
- Schneider Electric
- JSL Electric Corporation
- Powell Industries Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in demand for electricity and need for reliable power delivery
3.4.1.2. Growth in building & construction and infrastructure activities across the globe
3.4.2. Restraints
3.4.2.1. Operational failures & harsh environments
3.4.2.2. Safety regulation regarding the product quality of circuit breaker and the resulting opportunity for unorganized sector
3.4.3. Opportunities
3.4.3.1. Increase in investment on research & developments to meet future requirements of safety
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Value Chain Analysis
CHAPTER 4: MOLDED CASE CIRCUIT BREAKERS MARKET, BY PRODUCT TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Miniature
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Molded-Case
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: MOLDED CASE CIRCUIT BREAKERS MARKET, BY POWER RANGE
5.1. Overview
5.1.1. Market size and forecast
5.2. 0-75A
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. 75-250A
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. 250-800A
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Above 800A
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
CHAPTER 6: MOLDED CASE CIRCUIT BREAKERS MARKET, BY END USE
6.1. Overview
6.1.1. Market size and forecast
6.2. Power Utilities
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Industrial
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Residential
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
6.5. Commercial
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market share analysis by country
6.6. Others
6.6.1. Key market trends, growth factors and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market share analysis by country
CHAPTER 7: MOLDED CASE CIRCUIT BREAKERS MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key trends and opportunities
7.2.2. Market size and forecast, by Product Type
7.2.3. Market size and forecast, by Power Range
7.2.4. Market size and forecast, by End Use
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Key market trends, growth factors and opportunities
7.2.5.1.2. Market size and forecast, by Product Type
7.2.5.1.3. Market size and forecast, by Power Range
7.2.5.1.4. Market size and forecast, by End Use
7.2.5.2. Canada
7.2.5.2.1. Key market trends, growth factors and opportunities
7.2.5.2.2. Market size and forecast, by Product Type
7.2.5.2.3. Market size and forecast, by Power Range
7.2.5.2.4. Market size and forecast, by End Use
7.2.5.3. Mexico
7.2.5.3.1. Key market trends, growth factors and opportunities
7.2.5.3.2. Market size and forecast, by Product Type
7.2.5.3.3. Market size and forecast, by Power Range
7.2.5.3.4. Market size and forecast, by End Use
7.3. Europe
7.3.1. Key trends and opportunities
7.3.2. Market size and forecast, by Product Type
7.3.3. Market size and forecast, by Power Range
7.3.4. Market size and forecast, by End Use
7.3.5. Market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Key market trends, growth factors and opportunities
7.3.5.1.2. Market size and forecast, by Product Type
7.3.5.1.3. Market size and forecast, by Power Range
7.3.5.1.4. Market size and forecast, by End Use
7.3.5.2. Italy
7.3.5.2.1. Key market trends, growth factors and opportunities
7.3.5.2.2. Market size and forecast, by Product Type
7.3.5.2.3. Market size and forecast, by Power Range
7.3.5.2.4. Market size and forecast, by End Use
7.3.5.3. Spain
7.3.5.3.1. Key market trends, growth factors and opportunities
7.3.5.3.2. Market size and forecast, by Product Type
7.3.5.3.3. Market size and forecast, by Power Range
7.3.5.3.4. Market size and forecast, by End Use
7.3.5.4. France
7.3.5.4.1. Key market trends, growth factors and opportunities
7.3.5.4.2. Market size and forecast, by Product Type
7.3.5.4.3. Market size and forecast, by Power Range
7.3.5.4.4. Market size and forecast, by End Use
7.3.5.5. UK
7.3.5.5.1. Key market trends, growth factors and opportunities
7.3.5.5.2. Market size and forecast, by Product Type
7.3.5.5.3. Market size and forecast, by Power Range
7.3.5.5.4. Market size and forecast, by End Use
7.3.5.6. Rest of Europe
7.3.5.6.1. Key market trends, growth factors and opportunities
7.3.5.6.2. Market size and forecast, by Product Type
7.3.5.6.3. Market size and forecast, by Power Range
7.3.5.6.4. Market size and forecast, by End Use
7.4. Asia-Pacific
7.4.1. Key trends and opportunities
7.4.2. Market size and forecast, by Product Type
7.4.3. Market size and forecast, by Power Range
7.4.4. Market size and forecast, by End Use
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Key market trends, growth factors and opportunities
7.4.5.1.2. Market size and forecast, by Product Type
7.4.5.1.3. Market size and forecast, by Power Range
7.4.5.1.4. Market size and forecast, by End Use
7.4.5.2. Japan
7.4.5.2.1. Key market trends, growth factors and opportunities
7.4.5.2.2. Market size and forecast, by Product Type
7.4.5.2.3. Market size and forecast, by Power Range
7.4.5.2.4. Market size and forecast, by End Use
7.4.5.3. India
7.4.5.3.1. Key market trends, growth factors and opportunities
7.4.5.3.2. Market size and forecast, by Product Type
7.4.5.3.3. Market size and forecast, by Power Range
7.4.5.3.4. Market size and forecast, by End Use
7.4.5.4. South Korea
7.4.5.4.1. Key market trends, growth factors and opportunities
7.4.5.4.2. Market size and forecast, by Product Type
7.4.5.4.3. Market size and forecast, by Power Range
7.4.5.4.4. Market size and forecast, by End Use
7.4.5.5. Australia
7.4.5.5.1. Key market trends, growth factors and opportunities
7.4.5.5.2. Market size and forecast, by Product Type
7.4.5.5.3. Market size and forecast, by Power Range
7.4.5.5.4. Market size and forecast, by End Use
7.4.5.6. Rest of Asia-Pacific
7.4.5.6.1. Key market trends, growth factors and opportunities
7.4.5.6.2. Market size and forecast, by Product Type
7.4.5.6.3. Market size and forecast, by Power Range
7.4.5.6.4. Market size and forecast, by End Use
7.5. LAMEA
7.5.1. Key trends and opportunities
7.5.2. Market size and forecast, by Product Type
7.5.3. Market size and forecast, by Power Range
7.5.4. Market size and forecast, by End Use
7.5.5. Market size and forecast, by country
7.5.5.1. Brazil
7.5.5.1.1. Key market trends, growth factors and opportunities
7.5.5.1.2. Market size and forecast, by Product Type
7.5.5.1.3. Market size and forecast, by Power Range
7.5.5.1.4. Market size and forecast, by End Use
7.5.5.2. Saudi Arabia
7.5.5.2.1. Key market trends, growth factors and opportunities
7.5.5.2.2. Market size and forecast, by Product Type
7.5.5.2.3. Market size and forecast, by Power Range
7.5.5.2.4. Market size and forecast, by End Use
7.5.5.3. South Africa
7.5.5.3.1. Key market trends, growth factors and opportunities
7.5.5.3.2. Market size and forecast, by Product Type
7.5.5.3.3. Market size and forecast, by Power Range
7.5.5.3.4. Market size and forecast, by End Use
7.5.5.4. Rest of LAMEA
7.5.5.4.1. Key market trends, growth factors and opportunities
7.5.5.4.2. Market size and forecast, by Product Type
7.5.5.4.3. Market size and forecast, by Power Range
7.5.5.4.4. Market size and forecast, by End Use
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1. Havells India Ltd
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. Business performance
9.2. Rockwell Automation Inc.
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.3. Eaton Corporation
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Business performance
9.4. Siemens AG
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Business performance
9.4.7. Key strategic moves and developments
9.5. Fuji Electric Co Ltd.
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.6. Schneider Electric
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Business performance
9.6.7. Key strategic moves and developments
9.7. General Electric
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. Business performance
9.8. ABB Ltd.
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.8.6. Business performance
9.9. JSL Electric Corporation
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.10. Toshiba Corporation
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance
9.11. Chint Group
9.11.1. Company overview
9.11.2. Key Executives
9.11.3. Company snapshot
9.11.4. Operating business segments
9.11.5. Product portfolio
9.12. Powell Industries Inc.
9.12.1. Company overview
9.12.2. Key Executives
9.12.3. Company snapshot
9.12.4. Operating business segments
9.12.5. Product portfolio
9.12.6. Business performance
List of Tables
Table 01. Global Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 02. Molded Case Circuit Breakers Market for Miniature, by Region, 2021-2031 (Revenue, $Million)
Table 03. Molded Case Circuit Breakers Market for Molded-Case, by Region, 2021-2031 (Revenue, $Million)
Table 04. Global Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 05. Molded Case Circuit Breakers Market for 0-75A, by Region, 2021-2031 (Revenue, $Million)
Table 06. Molded Case Circuit Breakers Market for 75-250A, by Region, 2021-2031 (Revenue, $Million)
Table 07. Molded Case Circuit Breakers Market for 250-800A, by Region, 2021-2031 (Revenue, $Million)
Table 08. Molded Case Circuit Breakers Market for Above 800A, by Region, 2021-2031 (Revenue, $Million)
Table 09. Global Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 10. Molded Case Circuit Breakers Market for Power Utilities, by Region, 2021-2031 (Revenue, $Million)
Table 11. Molded Case Circuit Breakers Market for Industrial, by Region, 2021-2031 (Revenue, $Million)
Table 12. Molded Case Circuit Breakers Market for Residential, by Region, 2021-2031 (Revenue, $Million)
Table 13. Molded Case Circuit Breakers Market for Commercial, by Region, 2021-2031 (Revenue, $Million)
Table 14. Molded Case Circuit Breakers Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 15. Molded Case Circuit Breakers Market, by Region, 2021-2031 (Revenue, $Million)
Table 16. North America Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 17. North America Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 18. North America Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 19. North America Molded Case Circuit Breakers Market, by Country, 2021-2031 (Revenue, $Million)
Table 20. U.S. Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 21. U.S. Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 22. U.S. Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 23. Canada Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 24. Canada Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 25. Canada Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 26. Mexico Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 27. Mexico Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 28. Mexico Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 29. Europe Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 30. Europe Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 31. Europe Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 32. Europe Molded Case Circuit Breakers Market, by Country, 2021-2031 (Revenue, $Million)
Table 33. Germany Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 34. Germany Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 35. Germany Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 36. Italy Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 37. Italy Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 38. Italy Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 39. Spain Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 40. Spain Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 41. Spain Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 42. France Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 43. France Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 44. France Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 45. UK Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 46. UK Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 47. UK Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 48. Rest of Europe Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 49. Rest of Europe Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 50. Rest of Europe Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 51. Asia-Pacific Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 52. Asia-Pacific Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 53. Asia-Pacific Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 54. Asia-Pacific Molded Case Circuit Breakers Market, by Country, 2021-2031 (Revenue, $Million)
Table 55. China Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 56. China Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 57. China Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 58. Japan Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 59. Japan Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 60. Japan Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 61. India Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 62. India Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 63. India Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 64. South Korea Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 65. South Korea Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 66. South Korea Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 67. Australia Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 68. Australia Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 69. Australia Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 70. Rest of Asia-Pacific Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 71. Rest of Asia-Pacific Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 72. Rest of Asia-Pacific Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 73. LAMEA Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 74. LAMEA Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 75. LAMEA Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 76. LAMEA Molded Case Circuit Breakers Market, by Country, 2021-2031 (Revenue, $Million)
Table 77. Brazil Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 78. Brazil Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 79. Brazil Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 80. Saudi Arabia Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 81. Saudi Arabia Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 82. Saudi Arabia Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 83. South Africa Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 84. South Africa Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 85. South Africa Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 86. Rest of LAMEA Molded Case Circuit Breakers Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 87. Rest of LAMEA Molded Case Circuit Breakers Market, by Power Range, 2021-2031 (Revenue, $Million)
Table 88. Rest of LAMEA Molded Case Circuit Breakers Market, by End Use, 2021-2031 (Revenue, $Million)
Table 89. Havells India Ltd.: Key Executives
Table 90. Havells India Ltd.: Company Snapshot
Table 91. Havells India Ltd.: Product Segments
Table 92. Havells India Ltd.: Product Portfolio
Table 93. Rockwell Automation Inc.: Key Executives
Table 94. Rockwell Automation Inc.: Company Snapshot
Table 95. Rockwell Automation Inc.: Service Segments
Table 96. Rockwell Automation Inc.: Product Portfolio
Table 97. Eaton Corporation: Key Executives
Table 98. Eaton Corporation: Company Snapshot
Table 99. Eaton Corporation: Product Segments
Table 100. Eaton Corporation: Product Portfolio
Table 101. Siemens AG: Key Executives
Table 102. Siemens AG: Company Snapshot
Table 103. Siemens AG: Product Segments
Table 104. Siemens AG: Product Portfolio
Table 105. Siemens AG: Key Strategies
Table 106. Fuji Electric Co Ltd.: Key Executives
Table 107. Fuji Electric Co Ltd.: Company Snapshot
Table 108. Fuji Electric Co Ltd.: Product Segments
Table 109. Fuji Electric Co Ltd.: Product Portfolio
Table 110. Schneider Electric: Key Executives
Table 111. Schneider Electric: Company Snapshot
Table 112. Schneider Electric: Product Segments
Table 113. Schneider Electric: Product Portfolio
Table 114. Schneider Electric: Key Strategies
Table 115. General Electric: Key Executives
Table 116. General Electric: Company Snapshot
Table 117. General Electric: Service Segments
Table 118. General Electric: Product Portfolio
Table 119. ABB Ltd.: Key Executives
Table 120. ABB Ltd.: Company Snapshot
Table 121. ABB Ltd.: Product Segments
Table 122. ABB Ltd.: Product Portfolio
Table 123. Jsl Electric Corporation: Key Executives
Table 124. Jsl Electric Corporation: Company Snapshot
Table 125. Jsl Electric Corporation: Product Segments
Table 126. Jsl Electric Corporation: Product Portfolio
Table 127. Toshiba Corporation: Key Executives
Table 128. Toshiba Corporation: Company Snapshot
Table 129. Toshiba Corporation: Service Segments
Table 130. Toshiba Corporation: Product Portfolio
Table 131. Chint Group: Key Executives
Table 132. Chint Group: Company Snapshot
Table 133. Chint Group: Product Segments
Table 134. Chint Group: Product Portfolio
Table 135. Powell Industries Inc.: Key Executives
Table 136. Powell Industries Inc.: Company Snapshot
Table 137. Powell Industries Inc.: Product Segments
Table 138. Powell Industries Inc.: Product Portfolio
List of Figures
Figure 01. Molded Case Circuit Breakers Market, 2021-2031
Figure 02. Segmentation of Molded Case Circuit Breakers Market, 2021-2031
Figure 03. Top Investment Pockets in Molded Case Circuit Breakers Market (2022-2031)
Figure 04. Moderate Bargaining Power of Suppliers
Figure 05. High Bargaining Power of Buyers
Figure 06. Moderate Threat of Substitutes
Figure 07. Moderate Threat of New Entrants
Figure 08. Moderate Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globalmolded Case Circuit Breakers Market
Figure 10. Impact of Key Regulation: Molded Case Circuit Breakers Market
Figure 11. Value Chain Analysis: Molded Case Circuit Breakers Market
Figure 12. Molded Case Circuit Breakers Market, by Product Type, 2021(%)
Figure 13. Comparative Share Analysis of Molded Case Circuit Breakers Market for Miniature, by Country 2021-2031(%)
Figure 14. Comparative Share Analysis of Molded Case Circuit Breakers Market for Molded-Case, by Country 2021-2031(%)
Figure 15. Molded Case Circuit Breakers Market, by Power Range, 2021(%)
Figure 16. Comparative Share Analysis of Molded Case Circuit Breakers Market for 0-75A, by Country 2021-2031(%)
Figure 17. Comparative Share Analysis of Molded Case Circuit Breakers Market for 75-250A, by Country 2021-2031(%)
Figure 18. Comparative Share Analysis of Molded Case Circuit Breakers Market for 250-800A, by Country 2021-2031(%)
Figure 19. Comparative Share Analysis of Molded Case Circuit Breakers Market for Above 800A, by Country 2021-2031(%)
Figure 20. Molded Case Circuit Breakers Market, by End Use, 2021(%)
Figure 21. Comparative Share Analysis of Molded Case Circuit Breakers Market for Power Utilities, by Country 2021-2031(%)
Figure 22. Comparative Share Analysis of Molded Case Circuit Breakers Market for Industrial, by Country 2021-2031(%)
Figure 23. Comparative Share Analysis of Molded Case Circuit Breakers Market for Residential, by Country 2021-2031(%)
Figure 24. Comparative Share Analysis of Molded Case Circuit Breakers Market for Commercial, by Country 2021-2031(%)
Figure 25. Comparative Share Analysis of Molded Case Circuit Breakers Market for Others, by Country 2021-2031(%)
Figure 26. Molded Case Circuit Breakers Market by Region, 2021
Figure 27. U.S. Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 28. Canada Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 29. Mexico Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 30. Germany Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 31. Italy Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 32. Spain Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 33. France Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 34. UK Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 35. Rest of Europe Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 36. China Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 37. Japan Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 38. India Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 39. South Korea Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 40. Australia Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 41. Rest of Asia-Pacific Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 42. Brazil Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 43. Saudi Arabia Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 44. South Africa Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 45. Rest of LAMEA Molded Case Circuit Breakers Market, 2021-2031 ($Million)
Figure 46. Top Winning Strategies, by Year
Figure 47. Top Winning Strategies, by Development
Figure 48. Top Winning Strategies, by Company
Figure 49. Product Mapping of Top 10 Players
Figure 50. Competitive Dashboard
Figure 51. Competitive Heatmap: Molded Case Circuit Breakers Market
Figure 52. Top Player Positioning, 2021
Figure 53. Havells India Ltd.: Net Revenue, 2020-2022 ($Million)
Figure 54. Havells India Ltd.: Revenue Share by Segment, 2022 (%)
Figure 55. Havells India Ltd.: Revenue Share by Region, 2022 (%)
Figure 56. Rockwell Automation Inc.: Net Sales, 2020-2022 ($Million)
Figure 57. Rockwell Automation Inc.: Revenue Share by Segment, 2022 (%)
Figure 58. Rockwell Automation Inc.: Revenue Share by Region, 2021 (%)
Figure 59. Eaton Corporation: Net Sales, 2019-2021 ($Million)
Figure 60. Eaton Corporation: Research & Development Expenditure, 2019-2021 ($Million)
Figure 61. Eaton Corporation: Revenue Share by Region, 2021 (%)
Figure 62. Eaton Corporation: Revenue Share by Segment, 2021 (%)
Figure 63. Siemens AG: Net Revenue, 2020-2022 ($Million)
Figure 64. Siemens AG: Revenue Share by Segment, 2022 (%)
Figure 65. Siemens AG: Revenue Share by Region, 2022 (%)
Figure 66. Fuji Electric Co Ltd.: Net Revenue, 2020-2022 ($Million)
Figure 67. Fuji Electric Co Ltd.: Revenue Share by Segment, 2022 (%)
Figure 68. Fuji Electric Co Ltd.: Revenue Share by Region, 2022 (%)
Figure 69. Schneider Electric: Net Revenue, 2019-2021 ($Million)
Figure 70. Schneider Electric: Revenue Share by Segment, 2021 (%)
Figure 71. Schneider Electric: Revenue Share by Region, 2021 (%)
Figure 72. General Electric: Net Revenue, 2019-2021 ($Million)
Figure 73. General Electric: Research & Development Expenditure, 2019-2021
Figure 74. General Electric: Revenue Share by Segment, 2021 (%)
Figure 75. General Electric: Revenue Share by Region, 2021 (%)
Figure 76. ABB Ltd.: Net Revenue, 2020-2022 ($Million)
Figure 77. ABB Ltd.: Research & Development Expenditure, 2020-2022 ($Million)
Figure 78. ABB Ltd.: Revenue Share by Segment, 2022 (%)
Figure 79. ABB Ltd.: Revenue Share by Region, 2022 (%)
Figure 80. Toshiba Corporation: Net Revenue, 2020-2022 ($Million)
Figure 81. Toshiba Corporation: Revenue Share by Segment, 2022 (%)
Figure 82. Toshiba Corporation: Revenue Share by Region, 2022 (%)
Figure 83. Powell Industries Inc.: Net Sales, 2020-2022 ($Million)
Figure 84. Powell Industries Inc.: Research & Development Expenditure, 2020-2022 ($Million)
Figure 85. Powell Industries Inc.: Revenue Share by Segment, 2022 (%)
Figure 86. Powell Industries Inc.: Revenue Share by Region, 2022 (%)
Executive Summary
According to the report titled, 'Molded Case Circuit Breakers Market,' the molded case circuit breakers market was valued at $9.2 billion in 2021, and is estimated to reach $15.5 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031.Molded case circuit breakers are a type of electrical protection device that can handle a wide range of voltages and frequencies. When the load current exceeds the capabilities of miniature circuit breakers, it is commonly used. MCCBs are extremely useful for protecting against overload and electrical faults, as well as switching a circuit on and off. The growth in the importance of implementing rigorous practices to minimize arc flash hazards in high voltage environments and expanding electrical safety compliance requirements in the manufacturing and energy sector is driving the growth of the molded case circuit breaker market.
The global electricity demand in 2021 was 25,300 terawatts per hour and is growing significantly across the globe, as per the International Energy Agency (IEA). Molded case circuit breakers are used in residential, commercial, and some small industrial applications to protect circuit boards and overall electric setups in homes and industries. They not only reduce investment costs but also offer protection at a relatively lower price.
In the energy sector, molded case circuit breakers and fuses provide power protection in case of excess power or overload. However, molded case circuit breakers have multiple advantages over fuses, which make them a preferred choice over fuses. For instance, they respond more rapidly than fuses and are more reliable in terms of providing short circuit protection, over current protection, and others. Fuses are used once & replaced; however, a circuit breaker can be reused and comes with the option of repairing, which acts as one of the key advantages. These factors make them reliable in terms of power delivery, which reduces the risk of short circuits. Therefore, an increase in electricity demand across the globe propels the need for molded case circuit breakers, in terms of reliable power delivery.
As per the International Energy Agency (IEA), the global electricity demand in 2021 was 25,300 terawatts per hour and is growing significantly across the globe. Molded case circuit breakers are significantly used in residential, commercial, and some small industrial applications to protect circuit boards and overall electric setups in homes and industries. The adoption of molded case circuit breakers in residential applications is high; however, commercial applications more often use molded case circuit breakers where electricity is used at a mass scale to run offices, large complexes, and other operations. Therefore, circuit breakers are mandatorily used to provide electrical circuit protection to ensure a reliable power supply. They not only reduce investment costs but also offer protection at a relatively lower price. The above-mentioned positive factors are anticipated to boost the growth of the molded case circuit breaker market.
Molded case circuit breakers in extremely difficult conditions lead to false trips or other kinds of failures such as insulation deterioration, failure of components, and others. There are various applications in which these circuit breakers face extreme vibrations, including marinas, wind turbines, generators, and others. In addition, circuit breakers are used in different temperature conditions such as extreme hot and cold conditions depending on the application and region where it is used.
These extremely hot and cold conditions cause insulation failures, a saturation of dust & moisture, and others on the parts of molded case circuit breakers, which lead to operational failures of the equipment. This in turn is expected to restrain the growth of the molded case circuit breakers market during the forecast period. In addition, large-scale technological and infrastructural limitations are projected to further hamper the development of the market.
The global molded case circuit breakers market analysis is segmented on the basis of product type, power range, end-use, and region. On the basis of product type, the market is divided into miniature and molded case. On the basis of power range, it is divided into below 0-75A. 75-250A, 250-800A, and above 800A. On the basis of end use, it is divided into consumer power utilities, Industrial, Residential, Commercial, and others. On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Key players in the molded case circuit breakers industry are Havells India Ltd, Rockwell Automation Inc., Eaton Corporation, Siemens AG, Fuji Electric Co Ltd., Schneider Electric, General Electric, ABB Ltd., JSL Electric Corporation, Toshiba Corporation, Chint Group, and Powell Industries Inc. These players have adopted various Strategies to gain a higher share or retain leading positions in the market.
KEY FINDINGS OF THE STUDY
On the basis of product type, the molded case segment emerged as the global leader by acquiring more than 65% of the molded case circuit breakers market share in 2021 and is anticipated to continue this trend during the forecast period.On the basis of power range, the 75-250A segment emerged as the largest market share in 2021 which accounted 38.2% and is anticipated to continue this trend during the forecast period.
On the basis of end-use, the power utilities segment accounted for 35.3% of the global market share in FY2021.
On the basis of region, Asia-Pacific is the major consumer of molded case circuit breakers among other regions. It accounted for around 35.6% of the global market share in 2021.
IMPACT OF COVID-19 ON THE GLOBAL MOLDED CASE CIRCUIT BREAKER MARKET
The COVID-19 pandemic has hit the major end users of molded case circuit breakers such as construction & building, transportation, oil & gas, energy, and others. This has restrained the growth of the global molded case circuit breaker market during the pandemic outbreak.However, the market is expected to witness a steady expansion due to the increasing demand for energy-efficient power generation and storage technologies. Governments around the world have initiated various tax incentives and policies to support the development of eco-friendly-related power generation technologies.
Companies Mentioned
- Chint Group
- Fuji Electric Co Ltd.
- Rockwell Automation Inc.
- Eaton Corporation
- Havells India Ltd
- General Electric
- ABB Ltd.
- Toshiba Corporation
- Siemens AG
- Schneider Electric
- JSL Electric Corporation
- Powell Industries Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 302 |
Published | January 2023 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 9.2 billion |
Forecasted Market Value ( USD | $ 15.5 billion |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |