About Moulded Case Circuit Breaker
A moulded case circuit breaker is a type of electrical protection device that is used to protect the electrical circuit from excessive current, which can cause overload or a short circuit. MCCBs can be used for a wide range of voltages and frequencies with adjustable trip settings. Moulded case circuit breakers are used instead of miniature circuit breakers (MCBs) in large scale PV systems for system isolation and protection purposes. The moulded case circuit breaker has wide application in industrial, Domestics and commercial. Geographically Asia Pacific is the leading region in the production of MCCB products due to increasing demand in the construction and power generation industry. A moulded case circuit breaker is growing at a rapid speed over the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is expected to grow market in manufacturing and industrial application. It has wide application in power generation and building o infrastructure is driving the demand for the market. Several companies are operating in the market to provide customers with a better offer with various features & unique offerings. The market is a highly fragmented market with the presence of several market players and local players. Which is triggering the market growth over the forecast period Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Schneider Electric (France), General Electric (United States), Eaton Corporation Plc (Ireland), Rockwell Automation, Inc (United States)’, Skra (Czech), Legrand (France), LS (India), Mitsubishi (Japan), Himel (Denmark), Chint (Zhejiang) and GEYA ELECTRICAL CO(Zhejiang) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are GSES (India), ABB (United States) and Other.
Segmentation Overview
AMA Research has segmented the market of Global Moulded Case Circuit Breaker market by , Application (Industrial applications, Buildings or infrastructure, Power Generation, Transportation (Railways), Oil and gas industry and Others) and Region.
On the basis of geography, the market of Moulded Case Circuit Breaker has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales channel, the sub-segment i.e. Online will boost the Moulded Case Circuit Breaker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Rating , the sub-segment i.e. 0A-20A will boost the Moulded Case Circuit Breaker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Low voltage product and system will boost the Moulded Case Circuit Breaker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising demand for the product through online portal
Market Growth Drivers:
It is cheaper than ACBs and Required less space in the electrical panel
Challenges:
Continuous power fluctuation may damage the circuit
Restraints:
It is not suitable for high voltage application
Opportunities:
Fault Clearing times are faster than the fuse units and Higher demand in commercial and industrial application
Market Leaders and their expansionary development strategies
In Oct 2019 Alstom and the Madrid Asperger Association have signed a partnership agreement according to which persons with Asperger’s Syndrome will do pre-occupational professional internships at Alstom sites in Spain helping to improve their socio-occupational capacity and professional skills.
In September 2018, Eaton’s Power Defence molded case circuit breaker adds connectivity and intelligence.
Key Target Audience
OEM (Original Equipment Manufacturer), Supplier, Trader, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.