Circuit breakers are among the most crucial components of an electrical circuit system. Molded case circuit breaker (MCCB) is an electromagnetic device that combines a current sensitive device with a temperature sensitive electromagnetic device to protect an electrical circuit from damage caused by excess current, short circuit, and overload. Molded case circuit breakers prevent electricity overloading, thereby avoiding damage to electrical wiring, devices, and electrical fire outbreak. To interrupt the current flow after a fault is detected is the primary function of the molded case circuit breaker. Current sensitive and temperature sensitive devices act mechanically on the trip mechanism. Molded case circuit breakers use one or a combination of various trip elements in order to provide protection from thermal overloads, short circuits, and ground faults. MCCBs are primarily used in industrial, power generation, and transmission & distribution applications requiring heavy protection capacity.
Factors such as continued modification in electricity infrastructure and ever-rising electricity production and consumption are driving the growth of the global molded case circuit breakers market. These days, countries are investing in the development of electricity infrastructure in order to provide more efficient, reliable, and competitive public service. Global demand for electricity is rising rapidly owing to factors such as increasing population growth and industrialization. Growing inclination toward using more reliable electricity protection devices is one of the fundamental factors responsible for the growing demand for molded case circuit breakers.
The global molded case circuit breakers market can be segmented by type, rated current, end user, and geography. On the basis of type, the molded case circuit breakers market can be segmented into MCCB (Molded Case Circuit Breaker) and MCB (Miniature Circuit Breaker). On the basis of rated current, the molded case circuit breakers market can be segmented into 0-20a, 21-75a, 76-250a, 251-800a, and above 800a. 76-250a segment is anticipated to expand significantly during the forecast period owing to the growing infrastructure sector in developing countries.
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The global molded case circuit breakers market includes various market players. Some of the key players in the molded case circuit breakers market are Siemens AG, Schneider Electric, Rockwell Automation, Inc., General Electric, Eaton Corporation Plc., Mitsubishi Electric Corporation, Hitachi Industrial Equipment Systems, Fuji Electric Co., Ltd, Eaton Corporation Plc., Legrand, Toshiba Corporation, ABB Ltd., and Huayi Electric Co., Ltd.
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
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The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
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