DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Molded Case Circuit Breaker (MCCB) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report to their offering.
The global molded case circuit breaker market to expand with a CAGR of 5.4% from 2017 to 2025, to cross the US$ 10 Bn mark by 2025.
Molded case circuit breaker (MCCB) refers to an electromagnetic device used for electrical protection of different devices and electrical loads. These form among the most crucial components in any electrical circuit as they prevent electricity overloading thereby avoiding damage to electrical wiring, devices and electrical fire outbreak.
The overall MCCB market is majorly driven by the ever-rising electricity consumption and continued modification in electricity infrastructure. In addition, growing inclination towards using more reliable electricity protection devices is another major factor supporting the penetration of MCCB and MCB over conventional fuse wires.
Global demand for electricity is rising at an alarming rate owing to factors such as increasing industrialization and population growth. According to the International Energy Agency, the electricity consumption worldwide is projected to hit 30,000 terawatt hours (TWh) by 2030. This would create substantial opportunities for the adjacent markets such as electrical equipment and protection devices. Subsequently, with the constant rise in electricity production and consumption, the demand for MCCBs and MCBs would continue to rise in the following years.
The overall market is relatively consolidated in nature with top five players contributing to more than fifty percent of the total market revenue. Some of the major players operating in the market include ABB Ltd., Siemens AG, Alstom SA, Toshiba Corporation, Schneider Electric SE, Mitsubishi Electric Corporation and others.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Molded Case Circuit Breaker Market Analysis, by Device Type
Chapter 5 Global Molded Case Circuit Breaker Market Analysis, by Current Rating
Chapter 6 Global Molded Case Circuit Breaker Market Analysis, by End-User
Chapter 7 North America Molded Case Circuit Breaker Market Analysis
Chapter 8 Europe Molded Case Circuit Breaker Market Analysis
Chapter 9 Asia Pacific Molded Case Circuit Breaker Market Analysis
Chapter 10 Rest of the World (Row) Molded Case Circuit Breaker Market Analysis
Chapter 11 Company Profiles
- ABB Ltd
- Siemens Ag
- Schneider Electric Se
- General Electric Company
- Toshiba Corporation
- Eaton Corporation Plc
- Alstom Sa
- Mitsubishi Electric Corporation
- Fuji Electric Co., Ltd
- Hitachi Industrial Equipment Systems
- Legrand Sa
- Rockwell Automation, Inc
- Huayi Electric Co., Ltd
- Havells India Ltd
- Chint Group
For more information about this report visit https://www.researchandmarkets.com/research/94btbp/global_molded