DC circuit breaker is an automatically operated electrical switch designed to protect the circuit from the damage caused by an excessive supply of current in circuit operated with direct current. The basic function of the DC circuit breaker is to interrupt the flow of current when a fault is detected. Unlike a fuse, which needs to be replaced after a single use, DC circuit breaker can be reset to resume the current supply in the circuit. DC circuit breakers are made in various size, from a small device that protects low current circuits or household appliance to large switchgears designed to protect high voltage circuits used for industrial or commercial purposes.
The global DC circuit breaker market is expected to expand as a mid-single digit CAGR during the forecast period, owing to the rising demand for reliable and secure power supply and growing rapid adoption of DC circuit breaker in industrial power and distribution, renewables, utilities and transportation to protect and control the power transmission network, which is fueling the demand for Dc circuit breaker globally.
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DC Circuit Breaker Market Competition Landscape
The global market for DC circuit breaker is dominated by major players and to enable the in-depth assessment of the competition landscape, the report includes the analysis of major players. Some of the prominent players in the market are ABB (Switzerland), Eaton (Ireland), Siemens (Germany), Mitsubishi (Japan), Larsen & Toubro (India),Toshiba (Japan), Rockwell Automation (US), Powell (US), CG Power (India), Fuji Electric (Japan), ENTEC Electric & Electronic (South Korea) and BRUSH Group (UK) among others. Merger with local players along with the contracts & agreements with the end user were one of the key strategies adopted by the market players to support their global presence and offerings.
The research report presents a comprehensive assessment of the DC Circuit Breaker market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to DC Circuit Breaker market segments such as equipment type, vehicle type, end user & region.
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
What Do You Get in a Fact.MR Study?
- Factors affecting the overall development of the global DC Circuit Breaker Market
- Factor that might restrain the growth of the global market in the coming years of the forecast period.
- What is present competitive scenario of the global DC Circuit Breaker Market and its intricate details concerning potential business prospects of leading market players
- Pricing strategies of several different market players in the global DC Circuit Breaker Market
DC Circuit Breaker Market Segmentation
For a better understanding of the global DC circuit breaker market, the global market is studied under the circuit breaker type
- voltage type
- end-use
- application type
- region
By circuit breaker type, global DC circuit breaker market is segmented as a solid state DC circuit breaker and hybrid DC circuit breaker. In terms of voltage, DC circuit breaker market is segmented as low voltage DC circuit breaker, medium voltage DC circuit breaker and high voltage DC circuit breaker.
Based on end-use application, the market is segmented as
- energy transmission & distribution
- power generation
- renewable energy sources
- railways
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)