Circuit Breaker & Fuses Market Share, Size, Trends, Industry Analysis Report By Voltage (High Voltage, Medium Voltage and Low Voltage); By Application (Power Generation, Power Transmission & Distribution, Construction, Industrial, Transportation and Others); By Regions, Segments & Forecast, 2018 - 2026

Report Summary

The global market size for circuit breaker & fuses market is estimated to be USD 9.72 billion in 2017 and is estimated to grow at a CAGR of around 8% during the forecast period. The demand is attributed to the increasing number of power grids and technological advancement in the renewable energy sector. Also, rising demand of power with increase in industrialization and residential infrastructure construction are some of crucial factors expected to drive the market for circuit breaker & fuses during the coming years.

恒功率供应become one of the prime factor for economic development and improved lifestyle. One of the key factor for a reliable power supply is an efficient transmission and distribution system. Circuit breakers and fuses are the basic requirement for functioning of both AIS (Air-Insulated) and GIS (Gas-Insulated) switchgears. Therefore, growth in switchgear market is proportionally driving the circuit breaker and fuses market growth and thus, the global circuit breaker & fuses market is anticipated to account for USD 19.41 billion by 2026.

Circuit Breaker & Fuses Market Share, By Sensor, 2017 - 2026

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Segment Analysis

The circuit breaker & fuses market is primarily segmented on the basis of voltage, application, and geographic region. Market by voltage includes low voltage, medium voltage and high voltage and by applications includes power generation, power transmission & distribution, construction, industrial, transportation and others. The market for circuit breaker & fuses is finding huge opportunities across smart city projects with growing transmission and distribution power lines.

中压断路器是输配电领域投资较大的断路器和熔断器的主要市场份额。作为工业化、住宅和商业等重要应用，电力供应对县域发展尤为重要。电气化有助于实现经济和社会目标。国际能源机构（IEA）估计，2008年有15亿人缺乏电力供应，超过世界人口的五分之一。大约85%的无电人口生活在农村地区，主要是撒哈拉以南非洲和南亚地区。这些发展中国家的政府举措取得了相当大的进展。到2030年实现可持续普及电力是全球的重要目标之一，这将对中国的公交市场产生积极影响。很明显，为了满足低电气化的需要和克服发展的这一限制，未来几年将更加注重电力供应。

Competitve Analysis

Some of the leading industry players in the Circuit Breaker & Fuses Market include ABB Ltd., Eaton Corporation, Alstom SA, Schneider Electric, General Electric, Mitsubishi Electric, Siemens AG, Eaton Corporation Plc, Toshiba Corporation and Maxwell Technologies, among others.