global circuit breaker market
TRANSCRIPT
Global Circuit Breaker Market 2015-2019
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Global Circuit Breaker Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “Growing demand for electricity and power distribution systems worldwide is a significant factor contributing to market revenue. Power demand has increased to a great extent, especially in emerging countries such as China, Brazil, Russia, and India. This demand has stimulated the need for the expansion and upgrade of electrical networks, thereby generating high demand for circuit breakers.”
• A circuit breaker is an electrical switch used to protect an electric circuit from short-circuiting and overloading. A circuit breaker detects overloading and automatically switches off the power supply. Circuit breakers are preferred over fuses because fuses have to be replaced after each operation while a circuit breaker has to be just reset after each operation.
• Technavio’s analysts forecast the global circuit breaker market to grow at a CAGR of 4.85% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Circuit Breaker Market 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our
report:
Global Circuit Breaker Market 2015-2019
ABB
GE
Alstom
ABB was founded in 1988 and is headquartered in Zurich, Switzerland. The company provides automation and power technologies to utilities, transport, infrastructure, and other industries. Its products are sold in more than 100 countries worldwide.
General Electric was established in1892 and is headquartered in Fairfield, Connecticut, US. It offers infrastructure, healthcare, and financial services. The company operates through 100 subsidiaries to serve customers in more than 170 countries.
Alstom is a global leader in rail infrastructure, power generation, and power transmission. The company specializes in designing, manufacturing, and installing high and medium-voltage products that serve the utility, oil and gas, metals and mining, and other electro-intensive industries.
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Market Landscape
• The expansion and upgrade of electrical transmission networks worldwide have led to amplified demand for circuit breakers.
• Rapid industrialization, especially in developing countries such as India, China, and Brazil, is a key factor responsible for electrical transmission network upgrades.
• In countries such as the US and Russia, manufacturers in the power industry are planning to renovate or replace their old transmission systems with new, advanced versions.
• For instance, vacuum or SF6 gas circuit breakers could replace oil blast circuit breakers.
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Market Outlook• The US and EU are stringent in their energy policies and are introducing new
regulations for the replacement of old transmission systems with more energy efficient, environmentally friendly systems.
• These regulations are likely to have an impact on circuit breaker manufacturers, as they are required to invest more in R&D to develop eco-friendly techniques.
• These include the use of computational fluid dynamics to produce energy-efficient power circuit breakers that support the newly upgraded power transmission systems.
• Some vendors are also coming up with vacuum based circuit breakers that replace SF6 gas circuit breakers to abide by environmental regulations and standards.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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