気中遮断器市場 : 2028年までの世界予測

Report Overview

The air circuit breaker market is poised for substantial expansion, with its market size projected to grow from approximately USD 3.2 billion in 2023 to around USD 4.1 billion by 2028, reflecting a compound annual growth rate (CAGR) of 5.0% during the forecast period spanning from 2023 to 2028. This growth is underpinned by several driving factors. Notably, there are increasing investments in power generation, with a particular focus on renewable energy sources. Additionally, there is a rising global demand for a reliable and secure power supply, prompting enhancements and expansions of transmission and distribution networks. Moreover, the railway sector is experiencing heightened investment activities, further bolstering the air circuit breaker market’s growth.

“The air blast circuit breaker segment is expected to hold the largest share of the air circuit breaker market, by type, during the forecast period.”
During the projected timeframe, Air blast circuit breakers dominate the air circuit breaker market due to their aptness for ensuring the stability and dependability of electrical grids amid escalating demand, particularly in urban and industrial zones. Although they may entail higher initial expenses compared to some alternatives, their proven longevity and reliability often translate into lower overall ownership costs over extended periods. These circuit breakers adhere to industry standards and safety regulations in many regions, bolstering their standing as a trusted choice for electrical safeguarding. With a history of successful deployment in high voltage and mission-critical scenarios, air blast circuit breakers maintain their enduring preference in the market.

“Residential: The largest- growing segment of the air circuit breaker market”
The residential segment is expected to exhibit the highest growth rate in the air circuit breaker market from 2023 to 2028, based on its application. The residential segment’s dominance in the air circuit breaker market can be attributed to several crucial factors. The robust growth of the construction industry in urban areas, driven by population expansion and urbanization, has led to a higher demand for electrical distribution and protection systems, including air circuit breakers, as more residential buildings are erected. The modernization of homes with a plethora of electrical appliances and home automation systems has increased energy consumption, necessitating reliable circuit breakers for protection against overcurrents and short circuits. Safety remains a paramount concern in residential environments, and air circuit breakers are well-suited to mitigate electrical faults, reduce the risk of electrical fires, and ensure residents’ safety. Furthermore, the presence of building codes and regulations in many regions mandating the installation of circuit protection devices like air circuit breakers in residential buildings adds to the segment’s growth by ensuring compliance with safety standards.

“Asia Pacific: The fastest-growing market for air circuit breaker.”
The Asia Pacific region is experiencing rapid growth in the air circuit breaker market, followed by North America and Europe. The Asia Pacific region is witnessing significant urbanization and industrialization, resulting in a surging demand for electricity. This increased need for dependable electrical distribution and protection systems, including air circuit breakers, is driven by the migration of more people to urban centers and the expansion of industries. Both governments and private sector entities across the Asia Pacific are making substantial investments in infrastructure development, encompassing the expansion and modernization of electrical grids, power generation facilities, and industrial zones. Notably, these infrastructure initiatives often incorporate advanced circuit protection solutions like air circuit breakers. Moreover, stringent safety regulations prevalent in many Asia Pacific countries necessitate the use of air circuit breakers, valued for their high breaking capacity and reliability in interrupting fault currents, ensuring compliance with rigorous safety standards.

Breakdown of Primaries:
Primary interviews were undertaken with a diverse array of pivotal figures within the industry, encompassing subject-matter experts, C-level executives representing prominent market players, industry consultants, and other pertinent experts. The primary objective of these interviews was to acquire and authenticate vital qualitative and quantitative data, along with assessing the market’s future outlook. The distribution of these primary interviews is outlined as follows:
By Company Type: Tier 1- 65%, Tier 2- 24%, Tier 3- 11%
By Designation: C-Level- 30%, D-Level- 25%, Others- 45%
By Region: North America- 27%, Europe- 20%, Asia Pacific- 33%, Middle East & Africa- 8%, , and South America- 12%
Note: The tier of the companies has been defined based on their total revenue; as of 2022: Tier 1 = >USD 5 billion, Tier 2 = USD 1 billion to USD 5 billion, and Tier 3 = <USD 1 billion.
The key players in the air circuit breaker market include companies such as ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Mitsubishi Electric (Japan), and Eaton (Ireland).

Research Coverage:
The report offers an extensive and in-depth assessment of the circuit breaker market, spanning multiple geographical regions. Its primary objectives are to estimate the market’s size and evaluate its potential for future expansion, taking into account various segments such as type, voltage capacity, applications, and regional dynamics. Furthermore, the report includes a meticulous competitive analysis of key market participants, presenting their company profiles, recent advancements, and key strategic approaches. The market has been segmented based on type, voltage capacity, applications, and geographical regions, with a particular emphasis on dissecting prevalent industry trends. Additionally, the report delivers a market share analysis of leading players, delves into supply chain intricacies, and offers detailed company profiles, collectively furnishing insights into the competitive landscape and emerging high-growth sectors within the air circuit breaker market.

Key Benefits of Buying the Report
The report is meticulously crafted to aid both industry leaders and newcomers in the air circuit breaker market by furnishing them with dependable revenue projections for the entire market and its constituent sub-segments. This data serves as a valuable resource for stakeholders, empowering them to gain a comprehensive understanding of the competitive landscape and formulate effective go-to-market strategies for their businesses. Additionally, the report serves as a conduit for stakeholders to grasp the present conditions of the market, offering crucial insights into market drivers, constraints, challenges, and growth opportunities. By assimilating these insights, stakeholders can make informed decisions and remain attuned to the ever-evolving dynamics of the air circuit breaker industry.
• Analysis of key drivers (They include increased investments in clean energy, expanding and improving power networks, strengthening power distribution infrastructure, and rising industrial investments), restraints (They encompass regulations that restrict emissions of SF6 gas and competition from smaller, less organized companies), opportunities (They involve the rising adoption of high-voltage direct current systems and the integration of smart technologies into electrical systems), and challenges (They encompass risks like high temperatures, arc flashes, and overpressure during operation, as well as the complexities of installing modernized circuit breakers) influencing the growth of the ac circuit breaker market.

• Product Development/ Innovation: The air circuit breaker market is on an optimistic trajectory, as exemplified by recent significant developments such as Mitsubishi Electric’s acquisition of Scibreak AB. On February 16, Mitsubishi Electric made a noteworthy announcement, revealing its full acquisition of Scibreak AB, a Swedish company with specialized expertise in the development of DC air circuit breakers (DCCBS). This strategic acquisition is aimed at strengthening the competitive edge of both companies by fostering a close partnership focused on advancing DCCB technologies tailored for high-voltage direct current (HVDC) systems. This collaborative initiative aligns perfectly with the increasing global adoption of renewable energy sources and highlights the industry’s dedication to supporting the expansion of HVDC systems.
• Market Development: The expansion of power distribution networks can be attributed to several key factors. These include the increase in per capita income, the growth of the middle-class population, urbanization, and improved access to electricity in remote areas. In some developing countries, there is a shift towards prioritizing distributed power generation rather than relying solely on large national grids, especially in rural electrification initiatives. For instance, the Indian Government is actively working on enhancing electricity supply in villages through initiatives like the Restructured Accelerated Power Development and Reforms Program (R-APDRP) and the Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY). These schemes create significant opportunities for the air circuit breaker market to play a vital role in the development of robust and reliable power infrastructure.
• Market Diversification: The air circuit breaker market is presently dominated by developed nations like the United States, Europe, and Japan. Nevertheless, there’s a surging demand for air circuit breakers in developing countries such as China, India, and Brazil. To diversify their customer base and reduce reliance on mature markets, air circuit breaker manufacturers can expand into these emerging markets. Additionally, they can explore partnerships or acquisitions, possibly with companies producing complementary products like switchgear or transformers. This expansion strategy enables offering a broader product range and enhancing market presence. Moreover, addressing the growing demand for smart air circuit breakers, especially in emerging markets, can be a pivotal focus, providing efficient monitoring and control solutions for various industries. By tailoring cost-effective products and solutions to meet specific market needs, air circuit breaker manufacturers can tap into the high growth potential of emerging markets. Collaborations with other players in the electrical industry can also yield benefits by providing comprehensive power distribution solutions to customers.
• Competitive Assessment: A thorough assessment has been carried out to examine the market presence, growth tactics, and service portfolios of leading players in the air circuit breaker market, which encompass companies like Eaton (Ireland), ABB (Switzerland), Schneider Electric (France), Siemens (Germany), and Mitsubishi Electric (Japan), among others. This evaluation offers comprehensive insights into the competitive standing of these major players, their strategies for fueling market expansion, and the spectrum of services they provide within the air circuit breaker segment.

Table of Contents

1            INTRODUCTION            31

1.1         STUDY OBJECTIVES      31

1.2         MARKET DEFINITION   31

1.3         INCLUSIONS AND EXCLUSIONS 32

TABLE 1             INCLUSIONS AND EXCLUSIONS, BY VOLTAGE  32

TABLE 2             INCLUSIONS AND EXCLUSIONS, BY APPLICATION         32

1.4         MARKET SCOPE             32

1.4.1      MARKETS COVERED     32

1.4.2      REGIONAL SCOPE         33

1.4.3      YEARS CONSIDERED     33

1.4.4      CURRENCY CONSIDERED          34

1.5         LIMITATIONS   34

1.6         STAKEHOLDERS            34

2            RESEARCH METHODOLOGY     35

2.1         RESEARCH DATA           35

FIGURE 1           AIR CIRCUIT BREAKER MARKET: RESEARCH DESIGN     35

2.1.1      SECONDARY DATA       36

2.1.1.1   Key data from secondary sources     36

2.1.2      PRIMARY DATA 36

2.1.2.1   Key data from primary sources         37

2.1.2.2   Breakdown of primaries     37

2.2         MARKET SIZE ESTIMATION       38

2.2.1      DEMAND-SIDE ANALYSIS           38

FIGURE 2           AIR CIRCUIT BREAKER MARKET: REGION/COUNTRY-WISE ANALYSIS          38

2.2.2      SUPPLY-SIDE ANALYSIS             39

FIGURE 3           KEY METRICS CONSIDERED TO ASSESS SUPPLY OF AIR CIRCUIT BREAKERS       39

FIGURE 4           AIR CIRCUIT BREAKER MARKET: SUPPLY-SIDE ANALYSIS              39

2.2.2.1   Assumptions and calculations          40

FIGURE 5           COMPANY REVENUE ANALYSIS, 2022     40

2.3         DATA TRIANGULATION             40

FIGURE 6           DATA TRIANGULATION             41

2.4         RESEARCH ASSUMPTIONS         41

2.5         FORECAST        42

3            EXECUTIVE SUMMARY 43

TABLE 3             AIR CIRCUIT BREAKER MARKET SNAPSHOT      43

FIGURE 7           AIR BLAST CIRCUIT BREAKER SEGMENT TO HOLD LARGER SHARE OF AIR CIRCUIT BREAKER MARKET DURING FORECAST PERIOD              44

FIGURE 8           LOW VOLTAGE SEGMENT TO LEAD AIR CIRCUIT BREAKER MARKET DURING FORECAST PERIOD   44

FIGURE 9           INDUSTRIAL SEGMENT TO LEAD AIR CIRCUIT BREAKER MARKET DURING FORECAST PERIOD   45

FIGURE 10         ASIA PACIFIC DOMINATED AIR CIRCUIT BREAKER MARKET IN 2022      45

4            PREMIUM INSIGHTS      47

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AIR CIRCUIT BREAKER MARKET            47

FIGURE 11         GROWING INVESTMENTS RENEWABLE ENERGY INTEGRATION 47

4.2         AIR CIRCUIT BREAKER MARKET, BY TYPE          47

FIGURE 12         AIR BLAST CIRCUIT BREAKER SEGMENT TO HOLD LARGER MARKET SHARE IN 2028 47

4.3         AIR CIRCUIT BREAKER MARKET, BY VOLTAGE  48

FIGURE 13         LOW VOLTAGE SEGMENT TO HOLD LARGER MARKET SHARE IN 2028 48

4.4         ASIA PACIFIC AIR CIRCUIT BREAKER MARKET, BY APPLICATION AND COUNTRY         48

FIGURE 14         INDUSTRIAL SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC AIR CIRCUIT BREAKER MARKET IN 2022           48

4.5         AIR CIRCUIT BREAKER MARKET, BY REGION     49

FIGURE 15         ASIA PACIFIC AIR CIRCUIT BREAKER MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD    49

5            MARKET OVERVIEW     50

5.1         INTRODUCTION            50

5.2         MARKET DYNAMICS     51

FIGURE 16         AIR CIRCUIT BREAKER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    51

5.2.1      DRIVERS            51

5.2.1.1   Increasing power generation from renewable energy sources     51

FIGURE 17         GLOBAL INVESTMENTS IN RENEWABLE ENERGY INDUSTRY              52

5.2.1.2   Increasing demand for energy storage and decentralized power generation systems              52

5.2.1.3   Growing need for reliable and secure power supply      53

5.2.2      RESTRAINTS     53

5.2.2.1   Lack of effective government policies and presence of stringent environmental and safety regulations related to SF6 circuit breakers          53

5.2.2.2   Growing competition from unorganized market players             54

5.2.3      OPPORTUNITIES           54

5.2.3.1   Aging electrical infrastructure and rising electricity demand      54

5.2.3.2   Development of smart cities             55

5.2.4      CHALLENGES   55

5.2.4.1   Rising concerns related to security of power grids        55

6            AIR CIRCUIT BREAKER MARKET, BY TYPE          56

6.1         INTRODUCTION            57

FIGURE 18         AIR CIRCUIT BREAKER MARKET, BY TYPE, 2022 (VALUE)              57

TABLE 4             AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)          57

TABLE 5             AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)          57

6.2         PLAIN AIR CIRCUIT BREAKER   58

6.2.1      RAPID INDUSTRIALIZATION AND INCREASING DEMAND FROM POWER PLANTS TO DRIVE MARKET      58

TABLE 6             PLAIN AIR CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2020–2022 (USD MILLION)  58

TABLE 7             PLAIN AIR CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2023–2028 (USD MILLION)  59

6.3         AIR BLAST CIRCUIT BREAKER   59

6.3.1      RISING INVESTMENTS IN ENHANCEMENT OF ELECTRICITY GRIDS TO FUEL DEMAND 59

TABLE 8             AIR BLAST CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2020–2022 (USD MILLION)  60

TABLE 9             AIR BLAST CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2023–2028 (USD MILLION)  60

7            AIR CIRCUIT BREAKER MARKET, BY APPLICATION        61

7.1         INTRODUCTION            62

FIGURE 19         AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2022 (VALUE)            62

TABLE 10           AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION) 62

TABLE 11           AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 62

7.2         INDUSTRIAL AIR CIRCUIT BREAKER      63

7.2.1      INCREASING TREND OF INDUSTRIALIZATION IN DEVELOPING COUNTRIES TO FUEL ADOPTION          63

TABLE 12           INDUSTRIAL AIR CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2020–2022 (USD MILLION)            63

TABLE 13           INDUSTRIAL AIR CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2023–2028 (USD MILLION)            64

7.3         COMMERCIAL AIR CIRCUIT BREAKER   64

7.3.1      INCREASING COMMERCIAL AREAS GLOBALLY TO DRIVE MARKET              64

TABLE 14           COMMERCIAL AIR CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2020–2022 (USD MILLION)            64

TABLE 15           COMMERCIAL AIR CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2023–2028 (USD MILLION)            65

7.4         RESIDENTIAL AIR CIRCUIT BREAKER    65

7.4.1      RISING USE OF ADVANCED TECHNOLOGIES TO FUEL DEMAND              65

TABLE 16           RESIDENTIAL AIR CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2020–2022 (USD MILLION)            65

TABLE 17           RESIDENTIAL AIR CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2023–2028 (USD MILLION)            66

8            AIR CIRCUIT BREAKER MARKET, BY VOLTAGE  67

8.1         INTRODUCTION            68

FIGURE 20         AIR CIRCUIT BREAKER, BY VOLTAGE, 2022 (VALUE)      68

TABLE 18           AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)          68

TABLE 19           AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)          68

8.2         LOW VOLTAGE AIR CIRCUIT BREAKER 69

8.2.1      INCREASING AUTOMATION AND DEMAND FROM INDUSTRIAL SECTOR             69

TABLE 20           LOW VOLTAGE CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2020–2022 (USD MILLION)            69

TABLE 21           LOW VOLTAGE CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2023–2028 (USD MILLION)            70

8.3         MEDIUM VOLTAGE AIR CIRCUIT BREAKER        70

8.3.1      INCREASING RENEWABLE POWER GENERATION AND EXPANDING POWER DISTRIBUTION INFRASTRUCTURE        70

TABLE 22           MEDIUM VOLTAGE CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2020–2022 (USD MILLION)            71

TABLE 23           MEDIUM VOLTAGE CIRCUIT BREAKER: AIR CIRCUIT BREAKER MARKET, BY REGION, 2023–2028 (USD MILLION)            71

9            AIR CIRCUIT BREAKER MARKET, BY REGION     72

9.1         INTRODUCTION            73

FIGURE 21         MIDDLE EAST & AFRICA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD     73

FIGURE 22         AIR CIRCUIT BREAKER MARKET, BY REGION, 2022 (VALUE)              73

TABLE 24           AIR CIRCUIT BREAKER MARKET, BY REGION, 2020–2022 (USD MILLION)          74

TABLE 25           AIR CIRCUIT BREAKER MARKET, BY REGION, 2023–2028 (USD MILLION)          74

9.2         NORTH AMERICA          75

9.2.1      NORTH AMERICA: RECESSION IMPACT 75

FIGURE 23         NORTH AMERICA: AIR CIRCUIT BREAKER MARKET SNAPSHOT              76

9.2.2      BY VOLTAGE    76

TABLE 26           NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)    76

TABLE 27           NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)    77

9.2.3      BY TYPE             77

TABLE 28           NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)          77

TABLE 29           NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)          77

9.2.4      BY APPLICATION           78

TABLE 30           NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)           78

TABLE 31           NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           78

9.2.5      BY COUNTRY    78

TABLE 32           NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY COUNTRY, 2020–2022 (USD MILLION)    78

TABLE 33           NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    79

9.2.5.1   US         79

9.2.5.1.1 Government-led investments in smart energy infrastructure development to drive market   79

TABLE 34           US: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION) 80

TABLE 35           US: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION) 80

TABLE 36           US: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)          80

TABLE 37           US: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)          80

TABLE 38           US: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)     81

TABLE 39           US: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)     81

9.2.5.2   Canada  82

9.2.5.2.1 Rising demand for power distribution equipment and increasing industrialization to boost market growth      82

TABLE 40           CANADA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)     82

TABLE 41           CANADA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)     82

TABLE 42           CANADA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION) 83

TABLE 43           CANADA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION) 83

TABLE 44           CANADA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          83

TABLE 45           CANADA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          84

9.2.5.3   Mexico  84

9.2.5.3.1 Increased government-led efforts to expand power generation capacities to drive demand 84

TABLE 46           MEXICO: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)     85

TABLE 47           MEXICO: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)     85

TABLE 48           MEXICO: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION) 85

TABLE 49           MEXICO: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION) 85

TABLE 50           MEXICO: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          86

TABLE 51           MEXICO: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          86

9.3         EUROPE             86

9.3.1      EUROPE: RECESSION IMPACT   87

9.3.2      BY VOLTAGE    87

TABLE 52           EUROPE: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)     87

TABLE 53           EUROPE: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)     88

9.3.3      BY TYPE             88

TABLE 54           EUROPE: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION) 88

TABLE 55           EUROPE: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION) 88

9.3.4      BY APPLICATION           89

TABLE 56           EUROPE: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          89

TABLE 57           EUROPE: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          89

9.3.5      BY COUNTRY    89

TABLE 58           EUROPE: AIR CIRCUIT BREAKER MARKET, BY COUNTRY, 2020–2022 (USD MILLION)     89

TABLE 59           EUROPE: AIR CIRCUIT BREAKER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)     90

9.3.5.1   UK         90

9.3.5.1.1 Increasing power demand and expansion of power distribution network to propel market   90

TABLE 60           UK: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION) 91

TABLE 61           UK: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION) 91

TABLE 62           UK: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)          91

TABLE 63           UK: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)          91

TABLE 64           UK: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)     92

TABLE 65           UK: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)     92

9.3.5.2   Germany             92

9.3.5.2.1 Renewable energy capacity development supported by smart grid development to drive market        92

TABLE 66           GERMANY: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)          93

TABLE 67           GERMANY: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)          93

TABLE 68           GERMANY: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)     93

TABLE 69           GERMANY: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)     94

TABLE 70           GERMANY: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          94

TABLE 71           GERMANY: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          94

9.3.5.3   Russia    95

9.3.5.3.1 Government-led initiatives to upgrade aging power infrastructure to fuel demand              95

TABLE 72           RUSSIA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)     95

TABLE 73           RUSSIA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)     95

TABLE 74           RUSSIA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION) 96

TABLE 75           RUSSIA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION) 96

TABLE 76           RUSSIA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          96

TABLE 77           RUSSIA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          96

9.3.5.4   France   97

9.3.5.4.1 Increasing investments in manufacturing sector to boost demand            97

TABLE 78           FRANCE: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)     97

TABLE 79           FRANCE: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)     98

TABLE 80           FRANCE: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION) 98

TABLE 81           FRANCE: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION) 98

TABLE 82           FRANCE: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          99

TABLE 83           FRANCE: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          99

9.3.5.5   Rest of Europe     99

TABLE 84           REST OF EUROPE: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)    100

TABLE 85           REST OF EUROPE: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)    100

TABLE 86           REST OF EUROPE: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)          100

TABLE 87           REST OF EUROPE: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)          100

TABLE 88           REST OF EUROPE: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)           101

TABLE 89           REST OF EUROPE: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           101

9.4         ASIA PACIFIC    102

9.4.1      ASIA PACIFIC: RECESSION IMPACT        102

FIGURE 24         ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET SNAPSHOT              103

9.4.2      BY VOLTAGE    103

TABLE 90           ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)          103

TABLE 91           ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY REGION, 2023–2028 (USD MILLION)          104

9.4.3      BY TYPE             104

TABLE 92           ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)     104

TABLE 93           ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)     104

9.4.4      BY APPLICATION           105

TABLE 94           ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY APPLICATION 2020–2022 (USD MILLION)            105

TABLE 95           ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY APPLICATION 2023–2028 (USD MILLION)            105

9.4.5      BY COUNTRY    105

TABLE 96           ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY COUNTRY, 2020–2022 (USD MILLION)          105

TABLE 97           ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)          106

9.4.5.1   China     106

9.4.5.1.1 Increased government spending on power generation projects and smart grids to boost market growth          106

TABLE 98           CHINA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)     107

TABLE 99           CHINA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)     107

TABLE 100         CHINA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION) 107

TABLE 101         CHINA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION) 107

TABLE 102         CHINA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          108

TABLE 103         CHINA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          108

9.4.5.2   Japan     108

9.4.5.2.1 Increasing investments in renewable energy projects and infrastructure development to fuel demand            108

TABLE 104         JAPAN: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)     109

TABLE 105         JAPAN: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)     109

TABLE 106         JAPAN: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION) 109

TABLE 107         JAPAN: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION) 110

TABLE 108         JAPAN: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          110

TABLE 109         JAPAN: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          110

9.4.5.3   India      111

9.4.5.3.1 Increasing government initiatives to upgrade existing power grids and rising electricity demand to drive market   111

TABLE 110         INDIA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)     111

TABLE 111         INDIA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)     111

TABLE 112         INDIA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION) 112

TABLE 113         INDIA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION) 112

TABLE 114         INDIA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          112

TABLE 115         INDIA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          113

9.4.5.4   South Korea        113

9.4.5.4.1 Increasing infrastructure development activities to boost demand            113

TABLE 116         SOUTH KOREA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)          114

TABLE 117         SOUTH KOREA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)          114

TABLE 118         SOUTH KOREA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)          114

TABLE 119         SOUTH KOREA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)          114

TABLE 120         SOUTH KOREA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)           115

TABLE 121         SOUTH KOREA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           115

9.4.5.5   Rest of Asia Pacific            115

TABLE 122         REST OF ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)    116

TABLE 123         REST OF ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)    116

TABLE 124         REST OF ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)             117

TABLE 125         REST OF ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)             117

TABLE 126         REST OF ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)           117

TABLE 127         REST OF ASIA PACIFIC: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           118

9.5         SOUTH AMERICA           118

9.5.1      SOUTH AMERICA: RECESSION IMPACT 118

9.5.2      BY VOLTAGE    119

TABLE 128         SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)    119

TABLE 129         SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)    119

9.5.3      BY TYPE             119

TABLE 130         SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)          119

TABLE 131         SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)          120

9.5.4      BY APPLICATION           120

TABLE 132         SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)           120

TABLE 133         SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           120

9.5.5      BY COUNTRY    121

TABLE 134         SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY COUNTRY, 2020–2022 (USD MILLION)    121

TABLE 135         SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    121

9.5.5.1   Brazil     122

9.5.5.1.1 Robust infrastructure development and rising demand for renewable energy to drive market        122

TABLE 136         BRAZIL: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)     122

TABLE 137         BRAZIL: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)     122

TABLE 138         BRAZIL: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION) 123

TABLE 139         BRAZIL: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION) 123

TABLE 140         BRAZIL: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          123

TABLE 141         BRAZIL: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          124

9.5.5.2   Argentina            124

9.5.5.2.1 Rapid expansion in power infrastructure and increasing construction activities to boost market growth          124

TABLE 142         ARGENTINA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)          125

TABLE 143         ARGENTINA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)          125

TABLE 144         ARGENTINA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)     125

TABLE 145         ARGENTINA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)     125

TABLE 146         ARGENTINA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)           126

TABLE 147         ARGENTINA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           126

9.5.5.3   Chile      127

9.5.5.3.1 Investments in industrial development and renewable energy to drive market              127

TABLE 148         CHILE: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)     127

TABLE 149         CHILE: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)     127

TABLE 150         CHILE: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION) 128

TABLE 151         CHILE: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION) 128

TABLE 152         CHILE: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          128

TABLE 153         CHILE: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          129

9.5.5.4   Rest of South America       129

TABLE 154         REST OF SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)    129

TABLE 155         REST OF SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)    129

TABLE 156         REST OF SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)             130

TABLE 157         REST OF SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)             130

TABLE 158         REST OF SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)           130

TABLE 159         REST OF SOUTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           131

9.6         MIDDLE EAST & AFRICA             131

9.6.1      MIDDLE EAST & AFRICA: RECESSION IMPACT   132

9.6.2      BY VOLTAGE    132

TABLE 160         MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)    132

TABLE 161         MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)    132

9.6.3      BY TYPE             133

TABLE 162         MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)             133

TABLE 163         MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)             133

9.6.4      BY APPLICATION           133

TABLE 164         MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)           133

TABLE 165         MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           134

9.6.5      BY COUNTRY    134

TABLE 166         MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY COUNTRY, 2020–2022 (USD MILLION)    134

TABLE 167         MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    135

9.6.5.1   Saudi Arabia        135

9.6.5.1.1 Increasing investments in smart grid development to drive demand         135

TABLE 168         SAUDI ARABIA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)          136

TABLE 169         SAUDI ARABIA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)          136

TABLE 170         SAUDI ARABIA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)     136

TABLE 171         SAUDI ARABIA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)     136

TABLE 172         SAUDI ARABIA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)           137

TABLE 173         SAUDI ARABIA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           137

9.6.5.2   UAE      138

9.6.5.2.1 Increasing demand for electricity and rising need for modernizing aging power distribution networks to drive market             138

TABLE 174         UAE: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION) 138

TABLE 175         UAE: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION) 138

TABLE 176         UAE: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)          139

TABLE 177         UAE: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)          139

TABLE 178         UAE: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)     139

TABLE 179         UAE: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)     140

9.6.5.3   Kuwait   140

9.6.5.3.1 Increasing investments in renewable energy development to fuel demand 140

TABLE 180         KUWAIT: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)     140

TABLE 181         KUWAIT: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)     141

TABLE 182         KUWAIT: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION) 141

TABLE 183         KUWAIT: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION) 141

TABLE 184         KUWAIT: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)          142

TABLE 185         KUWAIT: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          142

9.6.5.4   South Africa        142

9.6.5.4.1 Increasing smart grid investments to boost market growth         142

TABLE 186         SOUTH AFRICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)          143

TABLE 187         SOUTH AFRICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)          143

TABLE 188         SOUTH AFRICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)          143

TABLE 189         SOUTH AFRICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)          143

TABLE 190         SOUTH AFRICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)           144

TABLE 191         SOUTH AFRICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           144

9.6.5.5   Rest of Middle East & Africa            144

TABLE 192         REST OF MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2022 (USD MILLION)         145

TABLE 193         REST OF MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2023–2028 (USD MILLION)         145

TABLE 194         REST OF MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2022 (USD MILLION)    145

TABLE 195         REST OF MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2023–2028 (USD MILLION)    146

TABLE 196         REST OF MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2022 (USD MILLION)  146

TABLE 197         REST OF MIDDLE EAST & AFRICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)  146

10          COMPETITIVE LANDSCAPE       147

10.1       OVERVIEW        147

10.2       KEY STRATEGIES ADOPTED BY MAJOR PLAYERS            147

TABLE 198         OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS, 2019–2022          147

10.3       REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018–2022  149

FIGURE 25         AC CIRCUIT BREAKER MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018–2022            149

10.4       COMPANY EVALUATION MATRIX, 2022 150

10.4.1    STARS  150

10.4.2    EMERGING LEADERS    150

10.4.3    PERVASIVE PLAYERS     150

10.4.4    PARTICIPANTS 150

FIGURE 26         AIR CIRCUIT BREAKER MARKET: COMPANY EVALUATION MATRIX, 2022    151

10.5       MARKET SHARE ANALYSIS, 2022             151

TABLE 199         AIR CIRCUIT BREAKER MARKET: DEGREE OF COMPETITION              152

FIGURE 27         SHARE OF MAJOR PLAYERS IN AIR CIRCUIT BREAKER MARKET, 2022      152

10.6       COMPETITIVE SCENARIOS AND TRENDS           153

10.6.1    PRODUCT LAUNCHES  153

TABLE 200         AIR CIRCUIT BREAKER MARKET: PRODUCT LAUNCHES, 2019–2023      153

10.6.2    DEALS  154

TABLE 201         AIR CIRCUIT BREAKER MARKET: DEALS, 2019–2023        154

11          COMPANY PROFILES    156

(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*

11.1       KEY PLAYERS   156

11.1.1    ABB       156

TABLE 202         ABB: COMPANY OVERVIEW       156

FIGURE 28         ABB: COMPANY SNAPSHOT       157

TABLE 203         ABB: PRODUCT LAUNCHES       158

11.1.2    EATON 159

TABLE 204         EATON: COMPANY OVERVIEW 159

FIGURE 29         EATON: COMPANY SNAPSHOT 160

TABLE 205         EATON: PRODUCT LAUNCHES 161

11.1.3    MITSUBISHI ELECTRIC 162

TABLE 206         MITSUBISHI ELECTRIC: COMPANY OVERVIEW  162

FIGURE 30         MITSUBISHI ELECTRIC: COMPANY SNAPSHOT 163

TABLE 207         MITSUBISHI ELECTRIC: PRODUCT LAUNCHES 164

TABLE 208         MITSUBISHI ELECTRIC: DEALS 164

11.1.4    SIEMENS            166

TABLE 209         SIEMENS: COMPANY OVERVIEW            166

FIGURE 31         SIEMENS: COMPANY SNAPSHOT            167

TABLE 210         SIEMENS: PRODUCT LAUNCHES            168

TABLE 211         SIEMENS: DEALS            168

11.1.5    SCHNEIDER ELECTRIC 170

TABLE 212         SCHNEIDER ELECTRIC: COMPANY OVERVIEW  170

FIGURE 32         SCHNEIDER ELECTRIC: COMPANY SNAPSHOT  171

TABLE 213         SCHNEIDER ELECTRIC: PRODUCT LAUNCHES  172

11.1.6    FUJI ELECTRIC 174

TABLE 214         FUJI ELECTRIC: COMPANY OVERVIEW  174

FIGURE 33         FUJI ELECTRIC: COMPANY SNAPSHOT 175

TABLE 215         FUJI ELECTRIC: OTHERS            176

11.1.7    HITACHI            177

TABLE 216         HITACHI : COMPANY OVERVIEW           177

FIGURE 34         HITACHI: COMPANY SNAPSHOT            178

TABLE 217         HITACHI: DEALS            179

11.1.8    C&S ELECTRIC 180

TABLE 218         C&S ELECTRIC: COMPANY OVERVIEW  180

11.1.9    HYUNDAI ELECTRIC     182

TABLE 219         HYUNDAI ELECTRIC: COMPANY OVERVIEW      182

FIGURE 35         HYUNDAI ELECTRIC: COMPANY SNAPSHOT     182

11.1.10  CG POWER & INDUSTRIAL SOLUTIONS LTD.     184

TABLE 220         CG POWER & INDUSTRIAL SOLUTIONS LTD.: COMPANY OVERVIEW        184

FIGURE 36         CG POWER & INDUSTRIAL SOLUTIONS LTD.: COMPANY SNAPSHOT        185

TABLE 221         CG POWER & INDUSTRIAL SOLUTIONS LTD.: DEALS     186

11.1.11  ENTEC ELECTRIC & ELECTRONIC          187

TABLE 222         ENTEC ELECTRIC & ELECTRONIC: COMPANY OVERVIEW              187

11.1.12  WEG     188

TABLE 223         WEG: COMPANY OVERVIEW      188

FIGURE 37         WEG: COMPANY SNAPSHOT     189

TABLE 224         WEG: DEALS     190

11.1.13  LS ELECTRIC CO., LTD. 191

TABLE 225         LS ELECTRIC CO., LTD.: COMPANY OVERVIEW 191

FIGURE 38         LS ELECTRIC CO., LTD.: COMPANY SNAPSHOT 192

11.1.14  HAVELLS           193

TABLE 226         HAVELLS: COMPANY OVERVIEW            193

FIGURE 39         HAVELLS: COMPANY SNAPSHOT           194

TABLE 227         HAVELLS: PRODUCT LAUNCHES            195

TABLE 228         HAVELLS: DEALS           195

11.1.15  TOSHIBA INTERNATIONAL CORPORATION       196

TABLE 229         TOSHIBA INTERNATIONAL CORPORATION: COMPANY OVERVIEW        196

FIGURE 40         TOSHIBA INTERNATIONAL CORPORATION: COMPANY SNAPSHOT        197

TABLE 230         TOSHIBA INTERNATIONAL CORPORATION: DEALS       197

11.2       OTHER PLAYERS           198

11.2.1    LEGRAND         198

11.2.2    HPL      198

11.2.3    FEDERAL           199

11.2.4    TERASAKI ELECTRIC     199

11.2.5    ROMAC ELECTRONICS 200

*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.

12          APPENDIX         201

12.1       INSIGHTS FROM INDUSTRY EXPERTS   201

12.2       DISCUSSION GUIDE      202

12.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             205

12.4       CUSTOMIZATION OPTIONS      207

12.5       RELATED REPORTS       207

12.6       AUTHOR DETAILS         208