Global molded case circuit breakers industry overview
The increased electrification rate globally is a major factor that will drive the global molded case circuit breakers market. Growth in urban areas and an increase in demand for power from industries will lead to the growth of the MCCB market. While power generation sources have been witnessing a lot of attention with respect to the power generation mix, the transmission and distribution aspect of the power network has been neglected. The developing economies and low-income nations suffer from a poor distribution network, leading to frequent power outages and losses. Therefore several nations, are working on power distribution projects which will have a positive impact on the growth of the MCCB market.
The emergence of high-performance polyamides is identified as one of the key emerging trends that will positively impact the global molded case circuit breakers market. End-users demand MCCBs with more endurance, better aesthetics, and smaller cases to cater to the latest electrical systems. Players in the market can manufacture better quality MCCBs due to new developments in polyamides. This will drive the global MCCB market to post a CAGR of over 6% during the forecast period.
Top molded case circuit breakers companies covered in this market research report
The molded case circuit breakers market is moderately fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this molded case circuit breakers industry analysis report will help clients identify and design new growth strategies.
The report offers a complete analysis of various companies including:
Molded case circuit breakers market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market over the forecast period. APAC was also the leading region for the global molded case circuit breakers market in 2017.
Molded case circuit breakers market segmentation based on end users
Manufacturing and process industry
Residential and commercial sectors
The power utilities segment held the largest molded case circuit breakers market share in 2017. Additionally, the report also provides an accurate prediction of the contribution of all the various end-user segments to the growth of the molded case circuit breakers market size.
Key highlights of the global molded case circuit breakers market for the forecast years 2018-2022:
CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the molded case circuit breakers market during the next five years
Precise estimation of the global molded case circuit breakers market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the molded case circuit breakers industry across the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on the factors that will challenge the growth of molded case circuit breakers companies
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