Global Motor Protection Circuit Breakers Market 2017-2021

Overview of the global motor protection circuit breakers market

Research analysis on the global motor protection circuit breakers market identifies that the rising demand for intelligent motor control centers will be one of the major factors that will have a positive impact on the growth of the market. These intelligent motor control centers provide real-time monitoring, access from anywhere in the facility, process supervising, and advanced diagnostics. Additionally, these intelligent sensors offer remote diagnostic competencies as well as loss detection and predictive maintenance features, such wide features will propel the market growth for motor protection circuit breakers market. Technavio's market research analysts predict that this market will grow at a CAGR of more than 4% by 2021.

In terms of geography, the Americas accounted for the highest market share in 2016. The increasing power industry will increase the demand for renewable energy solutions which will increase demand for hydropower plants and solar energy units. Additionally, the increasing automotive industry in the region has led to the increasing demand for safety in workplaces and the need to reduce downtime which will drive the growth of the motor protection circuit breakers market in the region during the forecast period.

Competitive landscape and key vendors

Owing to the presence of few vendors, this market appears to be moderately fragmented and is competitive. The players in the market offer different designs according to the motor. The market also witnesses the emergence of new players who are low cost manufacturers and pose a stiff competiton to the key vendors.

The leading vendors in the market are -

• Eaton
• General Electric
• Rockwell Automation
• Schneider Electric
• Siemens

The other prominent vendors in the market are R. STAHL, Circuit Breaker Sales,  Danfoss, ABB, WEG,  TECO, and  Larsen & Toubro.

Segmentation by application and analysis of the motor protection circuit breakers market

• Medium voltage
• Low voltage

During 2016, the medium voltage segment accounted for the major shares of this market. Medium voltage motors are used to produce a high-output performance and hence require high input voltage. The prominent usage of medium-voltage applications in various industries and the requirement for the safety of machines and machine component will propel the market growth for global motor protection circuit breakers during the forecast period.

Segmentation by end-user and analysis of the motor protection circuit breakers market

• Process industry
• Discrete industry

The process industry was the major end-user to the market during 2016. The growth of the oil and gas, power, chemical and petrochemical, and food and beverage industries will rpole the market growth due to higher demand for low voltage and medium voltage motors for various applications. Additionally, the rising number of motors required will increase the requirement of motor control centers, which includes motor protection circuit breakers, which ensure safety and integrity of motors.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global motor protection circuit breakers market?
• What are the key market trends impacting the growth of the global motor protection circuit breakers market?
• What are the challenges to market growth?
• Who are the key vendors in the global motor protection circuit breakers market?
• What are the market opportunities and threats faced by the vendors in the global motor protection circuit breakers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global motor protection circuit breakers market?

Technavio also offers customization on reports based on specific client requirement.

Motor protection circuit breakers, or MPCBs, are electro-mechanical devices, which are used in electric motors to ensure safe electrical supply and safeguard the motors from electrical faults or overload. This industry research report on the global motor protection circuit breakers market by Technavio is an integral part of the industrial automation portfolio and offers insights into the major trends and drivers inducing the growth of the automation industry. The market research experts at Technavio also take into account the market forecast, market size, and increasing demand for various automation products and services to offer an all-inclusive picture of the global motor protection circuit breakers market for the estimated period of 2017-2021.

This upcoming market research report on the global motor protection circuit breakers market also covers vendors like Schneider Electric, Rockwell Automation, Eaton, Siemens, GE, R. STAHL, Danfoss, ABB, WEG, TECO, and Larsen & Toubro. To offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global motor protection circuit breakers market also covers geographies like the Americas, APAC, and EMEA.

As per our market research specialist, enhanced safety and fault prevention may influence the demand for motor protection circuit breakers in the coming years. Our market research analysis also includes qualitative and quantitative research techniques like vendor analysis, drivers, challenges, and trend analysis. Additionally, an analysis of the market share and market size using statistical models is also carried out to help clients develop active growth strategies and keep pace with the frequently changing market landscape.

The upcoming industry report on the global motor protection circuit breakers market also offers insights into fast-growing segments within the industrial automation industry, including sectors like robotics. Furthermore, this report also presents insights into the varying competitive landscape and gives clients a realistic picture of the future direction of the industry.

Our market research methodology for the motor protection circuit breakers market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.