Circuit Breaker Market Driven by Increased Power Consumption Worldwide
Essentiality of innovation in circuit breaker technology to meet the rising demands of renewables, electrification of means of transport and modern edge grids, supported the IndustryARC to opinion that the global circuit breaker market is in good stead. The report has estimated the global circuit breaker market value at $7.12 billion in 2018, projected it to grow at a CAGR of 4.07% over the the forecast period 2019–2025. The report is titled: “ Circuit Breaker Market : By Applications (Automotive Transportation Equipment, Residential Building Construction, Electronics & Electrical Equipment, Others) Voltage Level (High, Medium & Low Voltage); By Type (SF6, Vacuum Circuit Breaker & Others); By End-users (Residential, Commercial, Industrial & Others) — Forecast (2019–2025) .” This business intelligence the report provides information regarding the market trends, market growth drivers, market opportunities for new players, competitive landscape of major and mino...
