北米のエアサーキットブレーカー市場 – 2030年までの世界予測

North America Air Circuit Breaker (ACB) Market - Forecast To 2030

北米のエアサーキットブレーカー市場 - タイプ(プレーンエア遮断器、エアブラスト遮断器)、電圧(低電圧、中電圧)、エンドユーザー(産業用、商業用、住宅用)および地域別 - 2030年までの世界予測
North American Air Circuit Breaker Market by Type (Plain Air Circuit Breaker, Air Blast Circuit Breaker), Voltage (Low-voltage, Medium-voltage), End User (Industrial, Commercial, Residential) and Region - Global Forecast to 2030

商品番号 : SMB-81004

出版社MarketsandMarkets
出版年月2025年6月
ページ数139
図表数141
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、北米の気中遮断器市場を、タイプ(プレーンエア遮断器、エアブラスト遮断器)、電圧(低電圧、中電圧)、用途(産業用、商業用、住宅用)、地域別に定義、説明、予測しています。また、市場の詳細な定性・定量分析も提供しています。レポートでは、主要な市場促進要因、制約要因、機会、課題を包括的に分析し、市場の様々な重要な側面を網羅しています。RIPおよびRIFブッシング市場の主要プレーヤーについても包括的な分析を実施し、各社の事業概要、ソリューションとサービス、主要戦略に関する洞察を提供しています。さらに、関連する契約、パートナーシップ、合意、新製品の発売、合併、買収、その他の市場動向についても網羅しています。さらに、RIPおよびRIFブッシング市場エコシステムにおける新興企業の競合分析も含まれています。

The global North American air circuit breaker market is projected to grow from USD 0.82 billion by 2025 to USD 1.08 billion by 2030, at a CAGR of 5.7%.

北米の世界の気中遮断器市場は、2025年の8億2,000万米ドルから2030年には10億8,000万米ドルに成長し、年平均成長率(CAGR)は5.7%になると予測されています。

北米のエアサーキットブレーカー市場 - 2030年までの世界予測
north-american-air-circuit-breaker-market

The North American ACB market is expected to grow tremendously over the forecast period, driven by the need for robust, intelligent, and secure circuit protection solutions for industrial, commercial, and utility applications. With the modernization of the power grid and increased electrification, especially in manufacturing, data centers, and renewable energy systems, air circuit breakers are at the forefront of improving operational reliability, arc protection, and system uptime. Utilities and facility operators rely on ACBs with built-in digital monitoring, remote diagnostics, and predictive maintenance capabilities to provide real-time insight into system conditions, reduce unplanned outages, and improve energy efficiency. With the progress in automation, smart metering, and networked electrical equipment, next-gen ACBs include self-testing, fault analysis, and IoT-controlled systems that enable dynamic load management and rapid fault isolation. These features are crucial in mission-critical applications such as hospitals, airports, and commercial towers, where downtime can have serious consequences. Furthermore, strict regulatory compliance concerning arc flash protection and workplace safety regulations in the US and Canada drives the need for smart low- and medium-voltage ACB solutions. With North America speeding up investments in smart grid modernization, electric vehicle charging infrastructure, and industrial electrification, air circuit breakers will continue to play a crucial role in the protection, resilience, and operational efficiency of medium- and low-voltage distribution networks.

北米のACB市場は、産業、商業、公益事業用途における堅牢でインテリジェント、かつ安全な回路保護ソリューションの需要に牽引され、予測期間中に飛躍的な成長が見込まれています。電力網の近代化と電化の進展、特に製造業、データセンター、再生可能エネルギーシステムにおける電化の進展に伴い、気中遮断器は運用信頼性、アーク保護、システム稼働時間の向上において最前線に立っています。公益事業会社や施設運営者は、デジタル監視、遠隔診断、予知保全機能を内蔵したACBを活用し、システム状態に関するリアルタイムの洞察、計画外停止の削減、エネルギー効率の向上を実現しています。

自動化、スマートメーター、ネットワーク化された電気機器の進歩に伴い、次世代ACBには、自己テスト、障害分析、IoT制御システムが搭載され、動的な負荷管理と迅速な障害分離を可能にします。これらの機能は、病院、空港、商用タワーなど、ダウンタイムが深刻な結果をもたらす可能性のあるミッションクリティカルな用途において極めて重要です。さらに、米国とカナダでは、アークフラッシュ保護と職場安全に関する規制が厳格に遵守されているため、スマートな低電圧・中電圧ACBソリューションの必要性が高まっています。北米では、スマートグリッドの近代化、電気自動車充電インフラ、産業用電化への投資が加速しており、気中遮断器は中電圧・低電圧配電網の保護、耐障害性、運用効率の向上において引き続き重要な役割を果たすでしょう。

By end user, industrial to be fastest-growing segment during forecast period

The industrial segment is expected to witness the highest CAGR in the North American air circuit breaker (ACB) market throughout the forecast period. This growth is primarily attributed to the rising use of automated and electrically demanding processes in manufacturing, oil & gas, mining, data centers, and chemical processing. Such applications require high reliability, operational safety, and uninterrupted power supply, and, hence, advanced ACBs with remote monitoring, arc fault protection, and predictive maintenance capabilities are in high demand. Moreover, increasing use of industrial IoT (IIoT), electric motors, and process automation focuses more on reliable distribution and protection systems. As businesses invest in upgrading their electrical infrastructure to meet safety standards and improve energy efficiency, ACBs facilitate fault detection, rapid isolation, and protection against overload and short circuits. Expanding renewable-powered industrial sites and electric-powered operations also strengthen demand for reliable circuit protection solutions. This makes the industrial sector the quickest embracer of next-generation air circuit breakers in North America.

By type, plain air circuit breaker to exhibit highest CAGR during forecast period

Based on type, the simple air circuit breaker segment will witness the highest CAGR in the North American air circuit breaker market throughout the forecast period. This is mainly due to the growing need for cost-efficient, rugged, and simple-to-maintain circuit protection devices for various medium- and low-voltage applications. Simple air circuit breakers are used extensively in power distribution systems and industrial plants because of their simple design, low cost of installation, and high interruption efficiency. Their capacity to work suitably under fluctuating load conditions without supplementary insulation media has made them a preferred alternative for end users intent on replacing old switchgear equipment. In addition, with utilities and industries in the region investing in grid stability and infrastructure modernization, particularly with smart grid rollouts and sustainability goals, using simple yet strong protection devices such as plain ACBs will experience substantial growth. Their ability to be compatible with existing systems and their versatility are further added strong points that make it a high-growth segment over the forecast period.

By country, US to be the fastest-growing segment during forecast period

The United States, on a country basis, is expected to be the fastest-growing segment in the North American air circuit breaker market over the forecast period. This is driven by continued investment in upgrading the country’s aging power infrastructure, growing industrial automation, and expanding use of renewable energy sources. Federal programs such as the Infrastructure Investment and Jobs Act (IIJA) and Inflation Reduction Act (IRA) are speeding up the modernization of substations, distribution systems, and smart grid technologies, all needing dependable circuit protection solutions. Additionally, the increase in data centers, manufacturing facilities, and EV charging stations throughout the US drives the demand for air circuit breakers to provide operational safety and reliability under different loads. The focus on energy efficiency, grid hardness, and compliance with regulatory regulations also drives utilities and industrial players toward using state-of-the-art ACB systems, making the US the region’s fastest-growing market.

In-depth interviews have been conducted with chief executive officers (CEOs), directors, and other executives from various key organizations operating in the North American air circuit breaker market.

  • By Company Type: Tier 1 – 30%, Tier 2 – 55%, and Tier 3 – 15%
  • By Designation: C-level Executives – 30%, Directors – 20%, and Others – 50%

Note: Other designations include engineers, sales, and regional managers.

The tiers of the companies are defined based on their total revenue as of 2024: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3: <USD 500 million

A few major players with extensive regional presence dominate the North American air circuit breaker market. The leading players are ABB (Switzerland), Schneider Electric (France), Mitsubishi Electric (Japan), Eaton (Ireland), and Siemens (Germany).

北米のエアサーキットブレーカー市場 - 2030年までの世界予測 ecosystem
north-american-air-circuit-breaker-market-ecosystem

Research Coverage:

The report defines, describes, and forecasts the North American air circuit breaker market by type (plain air circuit breaker, air blast circuit breaker), voltage (low voltage, medium voltage), application (industrial, commercial, residential), and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. A comprehensive analysis of the key players in the RIP & RIF bushings market has been conducted. This analysis provides insights into their business overview, solutions and services, and key strategies. It also covers relevant contracts, partnerships, and agreements, along with new product launches, mergers, acquisitions, and other recent developments in the market. Additionally, the report includes a competitive analysis of emerging startups within the RIP & RIF bushings market ecosystem.

Reasons to Buy This Report:

This report is a strategic resource for industry leaders and new entrants, offering a comprehensive analysis of the market and its subsegments. It equips stakeholders with a thorough understanding of the competitive landscape, enabling them to refine their business positioning and devise effective go-to-market strategies. Additionally, the report elucidates the current market dynamics, highlighting critical drivers, constraints, challenges, and opportunities that inform strategic decision-making.

The report provides insights on the following points:

  • Analysis of key drivers (Growth in data centers and critical infrastructure), restraints (high initial cost of installation, space constraints in retrofitting projects), opportunities (rising investments in renewable energy infrastructure, adoption in electric vehicle (EV) infrastructure), and challenges (Growing popularity of solid-state circuit breakers, regulatory pressure around arc flash safety) influencing the growth.
  • Product Development/Innovation: Product innovation is a competitive driving force with manufacturers prioritizing reliability, safety, and digital capability. Businesses are incorporating features of arc fault detection, smart trip units, IoT-based condition monitoring, and remote control to enable the requirements of the modern grid. ACBs are designed with low energy release of arcs, increased interrupting capacity, and compact, modular enclosures for simplified maintenance and installation. Advancements in contact systems, thermal sensors, and adaptive protection settings enhance energy efficiency and fault response. Such advancements are significant in industrial and utility customers who require high uptime and protection for high-value operations, such as data centers, EV charging infrastructure, and renewable integration.
  • Market Development: The North American air circuit breaker market is experiencing robust growth throughout the United States, Canada, and Mexico, fueled by growing investment in industrial automation, renewable energy initiatives, and grid modernization. In the United States, federal initiatives like the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA) promote upgrades to substation and distribution infrastructure. This is resulting in a significant demand for medium-voltage air circuit breakers. Additionally, Canada’s need for clean energy and Mexico’s growth in energy-intensive sectors fuel the adoption of air circuit breakers in both low- and medium-voltage market segments. The rise of distributed generation systems and the implementation of smart substations across the region further drive the demand for advanced air circuit breakers equipped with digital diagnostic and remote operability features.
  • Market Diversification: Applications of air circuit breakers are expanding beyond conventional utility and industrial uses to rapidly growing markets like electric vehicle charging stations, huge commercial buildings, healthcare institutions, data centers, and airports. These applications demand high-performance breakers with features such as fast fault clearance, compactness, arc protection, and low maintenance. The industry is replying with intelligent, panel-mounted ACBs and modular solutions with remote test and auto-reset options. Moving toward distributed energy resources and energy storage systems further requires circuit protection systems with real-time analysis, diversifying air circuit breaker applications.
  • Competitive Assessment: Market leaders such as ABB (Switzerland), Schneider Electric (France), Mitsubishi Electric (Japan), Eaton (Ireland), and Siemens (Germany) hold a substantial share of the North American air circuit breaker market. They utilize strong regional footprints, R&D excellence, and strategic partnerships with OEMs and utilities. These players supply many low- and medium-voltage ACBs with intelligent trip units, high breaking capacity, and remote diagnostic facilities. Domestic production hubs and local service centers in the US help these companies address the increased demand for rapid delivery and tailored solutions. Investment in digital switchgear solutions, cybersecure communication systems, and predictive fault detection systems helps them lead a market influenced by smart grid deployment, energy transition, and changing safety regulations.

Table of Contents

1               INTRODUCTION              15

1.1           STUDY OBJECTIVES       15

1.2           MARKET DEFINITION   15

1.3           MARKET SCOPE                16

1.3.1        MARKETS COVERED       16

1.3.2        YEARS CONSIDERED      16

1.4           INCLUSIONS AND EXCLUSIONS 16

1.4.1        CURRENCY CONSIDERED            17

1.5           LIMITATIONS    17

1.6           STAKEHOLDERS               18

2               RESEARCH METHODOLOGY       19

2.1           RESEARCH DATA              19

2.1.1        SECONDARY DATA          20

2.1.1.1    List of key secondary sources              20

2.1.1.2    Key data from secondary sources       20

2.1.2        PRIMARY DATA 21

2.1.2.1    List of primary interview participants               21

2.1.2.2    Key industry insights           21

2.1.2.3    Key data from primary sources           22

2.1.2.4    Breakdown of primaries      22

2.2           MARKET SIZE ESTIMATION METHODOLOGY     24

2.2.1        BOTTOM-UP APPROACH              24

2.2.1.1    Regional analysis  25

2.2.1.2    Country-level analysis          25

2.2.1.3    Demand-side assumptions 25

2.2.1.4    Demand-side calculations   25

2.2.2        TOP-DOWN APPROACH                26

2.2.2.1    Supply-side assumptions     28

2.2.2.2    Supply-side calculations      28

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 28

2.4           FORECAST          29

2.5           RESEARCH ASSUMPTIONS           30

2.6           RISK ANALYSIS  30

2.7           RESEARCH LIMITATIONS             30

3               EXECUTIVE SUMMARY  31

4               PREMIUM INSIGHTS       35

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NORTH AMERICAN AIR CIRCUIT BREAKER MARKET        35

4.2           NORTH AMERICAN AIR CIRCUIT BREAKER MARKET, BY COUNTRY            36

4.3           NORTH AMERICAN AIR CIRCUIT BREAKER MARKET, BY TYPE     36

4.4           NORTH AMERICAN AIR CIRCUIT BREAKER MARKET, BY VOLTAGE            37

4.5           NORTH AMERICAN AIR CIRCUIT BREAKER MARKET,  BY APPLICATION             37

4.6           AIR CIRCUIT BREAKER MARKET IN NORTH AMERICA, BY VOLTAGE AND COUNTRY            38

5               MARKET OVERVIEW       39

5.1           INTRODUCTION              39

5.2           MARKET DYNAMICS       40

5.2.1        DRIVERS               40

5.2.1.1    Growth in data centers and critical infrastructure           40

5.2.1.2    Industrial automation and electrification          41

5.2.2        RESTRAINTS      42

5.2.2.1    High initial cost of installation            42

5.2.2.2    Space constraints in retrofitting projects          42

5.2.3        OPPORTUNITIES              43

5.2.3.1    Rising investments in renewable energy infrastructure 43

5.2.3.2    Expansion of power grids    44

5.2.4        CHALLENGES    44

5.2.4.1    Growing popularity of solid-state circuit breakers          44

5.2.4.2    Regulatory pressure around arc flash safety     45

5.3           PRICING ANALYSIS          45

5.4           SUPPLY CHAIN ANALYSIS             46

5.4.1        RAW MATERIAL PROVIDERS/SUPPLIERS               47

5.4.2        COMPONENT MANUFACTURERS              47

5.4.3        AIR CIRCUIT BREAKER MANUFACTURERS/ASSEMBLERS                 47

5.4.4        DISTRIBUTORS 47

5.4.5        END USERS         47

5.5           ECOSYSTEM ANALYSIS  48

5.6           TECHNOLOGY ANALYSIS             49

5.6.1        KEY TECHNOLOGY         49

5.6.1.1    Arc quenching technology  49

5.6.2        ADJACENT ANALYSIS     50

5.6.2.1    Advanced energy storage systems      50

5.6.3        COMPLEMENTARY ANALYSIS    50

5.6.3.1    IoT-enabled monitoring systems       50

5.7           PATENT ANALYSIS          51

5.8           TRADE ANALYSIS             55

5.8.1        TRADE ANALYSIS FOR HS CODE 853620  55

5.8.2        IMPORT SCENARIO         55

5.8.3        EXPORT SCENARIO         56

5.9           TARIFFS AND REGULATORY LANDSCAPE             58

5.9.1        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             58

5.9.2        REGULATORY FRAMEWORK       59

5.9.2.1    Tariffs related to air circuit breakers in North America 59

5.10         KEY STAKEHOLDERS & BUYING CRITERIA            60

5.10.1      KEY STAKEHOLDERS IN BUYING PROCESS           60

5.10.2      BUYING CRITERIA           61

5.11         IMPACT OF 2025 US TARIFF – OVERVIEW              61

5.11.1      INTRODUCTION              61

5.12         KEY TARIFF RATES          62

5.13         IMPACT ON COUNTRY/REGION                63

5.13.1      US           63

5.13.2      MEXICO                63

5.13.3      CANADA               64

6               NORTH AMERICAN AIR CIRCUIT BREAKER MARKET, BY TYPE     65

6.1           INTRODUCTION              66

6.2           PLAIN AIR CIRCUIT BREAKERS  67

6.2.1        RISING ADOPTION IN LOW-VOLTAGE INSTALLATIONS                 67

6.3           AIR BLAST CIRCUIT BREAKERS  68

6.3.1        COMPRESSED AIR-BASED BREAKERS REVOLUTIONIZE GRID SAFETY

AND SPEED        68

7               NORTH AMERICA AIR CIRCUIT BREAKER MARKET, BY VOLTAGE            69

7.1           INTRODUCTION              70

7.2           LOW-VOLTAGE AIR CIRCUIT BREAKERS                71

7.2.1        RISING DEMAND IN CRITICAL INFRASTRUCTURE TO BOOST SEGMENT            71

7.3           MEDIUM-VOLTAGE AIR CIRCUIT BREAKERS       72

7.3.1        GRID MODERNIZATION SPARKS DEMAND FOR MEDIUM VOLTAGE AIR CIRCUIT BREAKERS           72

8               NORTH AMERICA AIR CIRCUIT BREAKER MARKET, BY APPLICATION   74

8.1           INTRODUCTION              75

8.2           INDUSTRIAL      76

8.2.1        MEETING SAFETY AND RELIABILITY REQUIREMENTS – KEY SEGMENT DRIVER  76

8.3           COMMERCIAL   77

8.3.1        INCREASING COMMERCIAL CONSTRUCTION TO DRIVE MARKET DURING FORECAST PERIOD    77

8.4           RESIDENTIAL    78

8.4.1        POWERING SMART HOMES SAFELY WITH AIR CIRCUIT BREAKERS           78

9               NORTH AMERICA AIR CIRCUIT BREAKER MARKET, BY COUNTRY            79

9.1           NORTH AMERICA             80

9.1.1        BY COUNTRY     80

9.1.1.1    US           81

9.1.1.1.1 Surging power demand and grid strain drive market expansion                 81

9.1.1.2    Canada   83

9.1.1.2.1 Grid overhaul to spark growth in air circuit breaker installations                 83

9.1.1.3    Mexico   85

9.1.1.3.1 Manufacturing boom to spur demand for circuit protection systems  85

10            COMPETITIVE LANDSCAPE         88

10.1         INTRODUCTION              88

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024                 88

10.3         MARKET SHARE ANALYSIS, 2024                 91

10.4         REVENUE ANALYSIS, 2020–2024  94

10.5         COMPANY EVALUATION QUADRANT    94

10.5.1      STAR      94

10.5.2      PERVASIVE PLAYERS      94

10.5.3      EMERGING LEADERS     95

10.5.4      PARTICIPANTS 95

10.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         96

10.5.5.1  Company footprint               96

10.5.5.2  Voltage footprint  96

10.5.5.3  Application footprint            97

10.6         COMPETITIVE SCENARIO             97

10.6.1      NORTH AMERICA AIR CIRCUIT BREAKER MARKET:  DEALS, 2021–2024              97

10.6.2      EXPANSIONS     98

11            COMPANY PROFILES      100

11.1         KEY PLAYERS     100

11.1.1      EATON 100

11.1.1.1  Business overview 100

11.1.1.2  Products offered   101

11.1.1.3  Recent developments           102

11.1.1.3.1                Deals      102

11.1.1.3.2                Expansion              102

11.1.1.4  MnM view              102

11.1.1.4.1                Right to win           102

11.1.1.4.2                Strategic choices   103

11.1.1.4.3                Weaknesses/Competitive threats       103

11.1.2      SIEMENS              104

11.1.2.1  Business overview 104

11.1.2.2  Products offered   105

11.1.2.3  Recent developments           106

11.1.2.3.1                Product launches  106

11.1.2.3.2                Deals      106

11.1.2.4  MnM view              106

11.1.2.4.1                Right to win           106

11.1.2.4.2                Strategic choices   107

11.1.2.4.3                Weaknesses/Competitive threats       107

11.1.3      SCHNEIDER ELECTRIC  108

11.1.3.1  Business overview 108

11.1.3.2  Products offered   109

11.1.3.3  Recent developments           110

11.1.3.3.1                Product launches  110

11.1.3.4  MnM view              110

11.1.3.4.1                Right to win           110

11.1.3.4.2                Strategic choices   111

11.1.3.4.3                Weaknesses/Competitive threats       111

11.1.4      ABB        112

11.1.4.1  Business overview 112

11.1.4.2  Products offered   113

11.1.4.3  Recent developments           114

11.1.4.3.1                Product launches  114

11.1.4.3.2                Expansions             114

11.1.4.4  MnM view              114

11.1.4.4.1                Right to win           114

11.1.4.4.2                Strategic choices   115

11.1.4.4.3                Weaknesses/Competitive threats       115

11.1.5      GE VERNOVA     116

11.1.5.1  Business overview 116

11.1.5.2  Products offered   117

11.1.5.3  Recent developments           118

11.1.5.3.1                Deals      118

11.1.5.4  MNM view             118

11.1.5.4.1                Right to win           118

11.1.5.4.2                Strategic choices   118

11.1.5.4.3                Weaknesses/Competitive threats       119

11.1.6      MITSUBISHI ELECTRIC CORPORATION 120

11.1.6.1  Business overview 120

11.1.6.2  Products offered   121

11.1.7      WEG      122

11.1.7.1  Business overview 122

11.1.7.2  Products offered   123

11.1.8      HAGER GROUP 124

11.1.8.1  Business overview 124

11.1.8.2  Products offered   124

11.1.9      LS ELECTRIC      125

11.1.9.1  Business overview 125

11.1.9.2  Products offered   126

11.1.9.3  Recent developments           127

11.1.9.3.1                Deals      127

11.1.9.3.2                Expansions             127

11.1.10   LEGRAND            128

11.1.10.1                 Business overview 128

11.1.10.2                 Products offered   129

11.1.11   CHINT GROUP  131

11.1.11.1                 Business overview 131

11.1.11.2                 Products offered   131

12            APPENDIX           132

12.1         INSIGHTS OF INDUSTRY EXPERTS           132

12.2         DISCUSSION GUIDE        132

12.3         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                135

12.4         CUSTOMIZATION OPTIONS        137

12.5         RELATED REPORTS         137

12.6         AUTHOR DETAILS           138

LIST OF TABLES

TABLE 1                INCLUSION AND EXCLUSION, BY VOLTAGE                 16

TABLE 2                INCLUSION AND EXCLUSION, BY TYPE 17

TABLE 3                INCLUSION AND EXCLUSION, BY APPLICATION                 17

TABLE 4                NORTH AMERICAN AIR CIRCUIT BREAKER MARKET SIZE ESTIMATION  METHODOLOGY (DEMAND SIDE)                 24

TABLE 5                NORTH AMERICA AIR CIRCUIT BREAKER MARKET: RISK ANALYSIS              30

TABLE 6                NORTH AMERICA AIR CIRCUIT BREAKER MARKET SNAPSHOT       31

TABLE 7                INDICATIVE PRICING ANALYSIS, BY VOLTAGE                 45

TABLE 8                INDICATIVE PRICING ANALYSIS, BY COUNTRY                 46

TABLE 9                NORTH AMERICA AIR CIRCUIT BREAKER MARKET: ROLE OF COMPANIES

IN ECOSYSTEM 48

TABLE 10              NORTH AMERICAN AIR CIRCUIT BREAKER MARKET: KEY PATENTS,

2021–2025              52

TABLE 11              IMPORT SCENARIO FOR HS CODE 853620, BY COUNTRY,

2022–2024 (USD THOUSAND)      55

TABLE 12              EXPORT SCENARIO FOR HS CODE 853620, BY COUNTRY,

2020–2022 (USD THOUSAND)      56

TABLE 13              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  58

TABLE 14              SWITCHGEAR: CODES AND REGULATIONS                 59

TABLE 15              IMPORT TARIFFS FOR HS CODE 853620-COMPLIANT PRODUCTS, 2024    59

TABLE 16              INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP

THREE END USERS (%)  60

TABLE 17              KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 61

TABLE 18              US ADJUSTED RECIPROCAL TARIFF RATES                 62

TABLE 19              NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY TYPE,

2020–2024 (USD MILLION)            66

TABLE 20              NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY TYPE,

2025–2030 (USD MILLION)            66

TABLE 21              PLAIN AIR CIRCUIT BREAKER: NORTH AMERICA AIR CIRCUIT BREAKER MARKET SIZE,  BY TYPE, 2020–2024 (USD MILLION)            67

TABLE 22              PLAIN AIR CIRCUIT BREAKER: NORTH AMERICA AIR CIRCUIT BREAKER MARKET SIZE,  BY TYPE,2025–2030 (USD MILLION)            67

TABLE 23              AIR BLAST CIRCUIT BREAKER: NORTH AMERICA AIR CIRCUIT BREAKER MARKET SIZE,  BY TYPE, 2020–2024 (USD MILLION)            68

TABLE 24              AIR BLAST CIRCUIT BREAKER: NORTH AMERICA AIR CIRCUIT BREAKER MARKET SIZE,  BY TYPE,2025–2030 (USD MILLION)            68

TABLE 25              NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE,

2020–2024 (USD MILLION)            70

TABLE 26              NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            71

TABLE 27              NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE,

2020–2024 (UNITS)            71

TABLE 28              NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE,

2025–2030 (UNITS)            71

TABLE 29              LOW VOLTAGE: NORTH AMERICA AIR CIRCUIT BREAKER MARKET,

BY TYPE,  2020–2024 (USD MILLION)      72

TABLE 30              LOW VOLTAGE: NORTH AMERICA AIR CIRCUIT BREAKER MARKET,

BY TYPE, 2025–2030 (USD MILLION)         72

TABLE 31              MEDIUM VOLTAGE: NORTH AMERICA AIR CIRCUIT BREAKER MARKET,

BY TYPE, 2020–2024 (USD MILLION)         73

TABLE 32              MEDIUM VOLTAGE: NORTH AMERICA AIR CIRCUIT BREAKER MARKET,

BY TYPE,2025–2030 (USD MILLION)          73

TABLE 33              NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            75

TABLE 34              NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            75

TABLE 35              INDUSTRIAL: NORTH AMERICA AIR CIRCUIT BREAKER MARKET, BY TYPE,

2020–2024 (USD MILLION)          76

TABLE 36              INDUSTRIAL: NORTH AMERICA AIR CIRCUIT BREAKER MARKET, BY TYPE,

2025–2030 (USD MILLION)            76

TABLE 37              COMMERCIAL: NORTH AMERICA AIR CIRCUIT BREAKER MARKET, BY TYPE,

2020–2024 (USD MILLION)            77

TABLE 38              COMMERCIAL: NORTH AMERICA AIR CIRCUIT BREAKER MARKET, BY TYPE,

2025–2030 (USD MILLION)            77

TABLE 39              RESIDENTIAL: NORTH AMERICA AIR CIRCUIT BREAKER MARKET, BY TYPE,

2020–2024 (USD MILLION)            78

TABLE 40              RESIDENTIAL: NORTH AMERICA AIR CIRCUIT BREAKER MARKET, BY TYPE,

2025–2030 (USD MILLION)            78

TABLE 41              NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            80

TABLE 42              NORTH AMERICA: AIR CIRCUIT BREAKER MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            81

TABLE 43              US: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2020–2024 (USD MILLION)      82

TABLE 44              US: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)      82

TABLE 45              US: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2024 (USD MILLION)            82

TABLE 46              US: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2025–2030 (USD MILLION)            82

TABLE 47              US: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              83

TABLE 48              US: AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2025–2030(USD MILLION)               83

TABLE 49              CANADA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE,

2020–2024 (USD MILLION)          84

TABLE 50              CANADA: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            84

TABLE 51              CANADA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2024 (USD MILLION)                84

TABLE 52              CANADA: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2025–2030 (USD MILLION)                84

TABLE 53              CANADA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            85

TABLE 54              CANADA: AIR CIRCUIT BREAKER MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            85

TABLE 55              MEXICO: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE,

2020–2024 (USD MILLION)            86

TABLE 56              MEXICO: AIR CIRCUIT BREAKER MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            86

TABLE 57              MEXICO: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2020–2024 (USD MILLION)                86

TABLE 58              MEXICO: AIR CIRCUIT BREAKER MARKET, BY TYPE, 2025–2030 (USD MILLION)                86

TABLE 59              MEXICO: AIR CIRCUIT BREAKER MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            87

TABLE 60              MEXICO: AIR CIRCUIT BREAKER MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            87

TABLE 61              NORTH AMERICA AIR CIRCUIT BREAKER MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2024         88

TABLE 62              NORTH AMERICA AIR CIRCUIT BREAKER MARKET: DEGREE OF COMPETITION, 2024          91

TABLE 63              NORTH AMERICA AIR CIRCUIT BREAKER MARKET: VOLTAGE FOOTPRINT              96

TABLE 64              NORTH AMERICA AIR CIRCUIT BREAKER MARKET: APPLICATION FOOTPRINT     97

TABLE 65              NORTH AMERICA AIR CIRCUIT BREAKER MARKET: DEALS,

JANUARY 2021–SEPTEMBER 2024                98

TABLE 66              NORTH AMERICA AIR CIRCUIT BREAKER MARKET: EXPANSIONS,

JANUARY 2021–SEPTEMBER 2024                98

TABLE 67              EATON: COMPANY OVERVIEW  100

TABLE 68              EATON: PRODUCTS OFFERED   101

TABLE 69              EATON: DEALS 102

TABLE 70              EATON: EXPANSION       102

TABLE 71              SIEMENS: COMPANY OVERVIEW               104

TABLE 72              SIEMENS: PRODUCTS OFFERED                105

TABLE 73              SIEMENS: PRODUCT LAUNCHES               106

TABLE 74              DEALS  106

TABLE 75              SCHNEIDER ELECTRIC: COMPANY OVERVIEW                 108

TABLE 76              SCHNEIDER ELECTRIC: PRODUCTS OFFERED                 109

TABLE 77              SCHNEIDER ELECTRIC: PRODUCT LAUNCHES                 110

TABLE 78              ABB: COMPANY OVERVIEW         112

TABLE 79              ABB: PRODUCTS OFFERED          113

TABLE 80              ABB: PRODUCT LAUNCHES         114

TABLE 81              ABB: EXPANSIONS           114

TABLE 82              GE VERNOVA: COMPANY OVERVIEW      116

TABLE 83              GE VERNOVA: PRODUCTS OFFERED       117

TABLE 84              GE VERNOVA: DEALS     118

TABLE 85              MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW   120

TABLE 86              MITSUBISHI ELECTRIC CORPORATION: PRODUCTS OFFERED    121

TABLE 87              WEG: COMPANY OVERVIEW       122

TABLE 88              WEG: PRODUCTS OFFERED        123

TABLE 89              HAGER GROUP: COMPANY OVERVIEW  124

TABLE 90              HAGER GROUP: PRODUCTS OFFERED   124

TABLE 91              LS ELECTRIC: COMPANY OVERVIEW      125

TABLE 92              LS ELECTRIC: PRODUCTS OFFERED       126

TABLE 93              LS ELECTRIC: DEALS      127

TABLE 94              LS ELECTRIC: EXPANSIONS         127

TABLE 95              LEGRAND: COMPANY OVERVIEW             128

TABLE 96              LEGRAND: PRODUCTS OFFERED              129

TABLE 97              CHINT GROUP: COMPANY OVERVIEW   131

TABLE 98              CHINT GROUP: PRODUCTS OFFERED    131

LIST OF FIGURES

FIGURE 1              NORTH AMERICA AIR CIRCUIT BREAKER MARKET: RESEARCH DESIGN     19

FIGURE 2              KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR NORTH AMERICAN

AIR CIRCUIT BREAKER  23

FIGURE 3              NORTH AMERICA AIR CIRCUIT BREAKER MARKET: BOTTOM-UP APPROACH          24

FIGURE 4              NORTH AMERICAN AIR CIRCUIT BREAKER MARKET: TOP-DOWN APPROACH            26

FIGURE 5              KEY STEPS CONSIDERED TO ASSESS SUPPLY IN NORTH AMERICA

AIR CIRCUIT BREAKER MARKET                27

FIGURE 6              NORTH AMERICA AIR CIRCUIT BREAKER MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE)                 27

FIGURE 7              NORTH AMERICA AIR CIRCUIT BREAKER MARKET: DATA TRIANGULATION            29

FIGURE 8              AIR BLAST CIRCUIT BREAKERS TO DOMINATE MARKET IN 2025                32

FIGURE 9              LOW VOLTAGE SEGMENT TO HOLD LARGER MARKET SHARE IN 2030 32

FIGURE 10            INDUSTRIAL SEGMENT TO GROW FASTEST FROM 2025 TO 2030          33

FIGURE 11            US HELD LARGEST SHARE OF NORTH AMERICAN AIR CIRCUIT

BREAKER MARKET IN 2024            34

FIGURE 12            GROWING DEMAND FOR ELECTRICITY MODERNIZATION & GOVERNMENT INITIATIVES TO DRIVE MARKET DURING FORECAST PERIOD    35

FIGURE 13            US TO RECORD HIGHEST CAGR DURING FORECAST PERIOD         36

FIGURE 14            AIR BLAST CIRCUIT BREAKERS TO DOMINATE MARKET IN 2030                36

FIGURE 15            LOW VOLTAGE SEGMENT TO HOLD MAJORITY OF MARKET IN 2030         37

FIGURE 16            INDUSTRIAL SEGMENT TO COMMAND MARKET IN 2030  37

FIGURE 17            LOW VOLTAGE SEGMENT AND US HELD LARGEST MARKET SHARE IN 2024             38

FIGURE 18            SWITCHGEAR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          40

FIGURE 19            US: DATA CENTER ENERGY CONSUMPTION, 2023–2030              41

FIGURE 20            RENEWABLE GENERATION, BY REGION (TWH)                 43

FIGURE 21            NORTH AMERICAN AIR CIRCUIT BREAKER MARKET: SUPPLY CHAIN ANALYSIS         46

FIGURE 22            NORTH AMERICA AIR CIRCUIT BREAKER MARKET: ECOSYSTEM ANALYSIS              48

FIGURE 23            NORTH AMERICA AIR CIRCUIT BREAKER MARKET: PATENTS GRANTED

AND APPLIED, 2014–2024               51

FIGURE 24            IMPORT DATA FOR HS CODE 853620, BY COUNTRY,

2020–2024 (USD THOUSAND)      56

FIGURE 25            EXPORT DATA FOR HS CODE 853590, BY COUNTRY,

2020–2024 (USD THOUSAND)      57

FIGURE 26            INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE END USERS                60

FIGURE 27            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE APPLICATIONS        61

FIGURE 28            NORTH AMERICA AIR CIRCUIT BREAKER MARKET, BY TYPE, 2024 66

FIGURE 29            NORTH AMERICAN AIR CIRCUIT BREAKER MARKET, BY VOLTAGE, 2024       70

FIGURE 30            NORTH AMERICA AIR CIRCUIT BREAKER MARKET, BY APPLICATION, 2024               75

FIGURE 31            MARKET SHARE ANALYSIS OF COMPANIES OFFERING AIR CIRCUIT BREAKERS IN NORTH AMERICA, 2024                 92

FIGURE 32            NORTH AMERICAN AIR CIRCUIT BREAKER MARKET: REVENUE ANALYSIS

OF FIVE KEY PLAYERS, 2020–2024               94

FIGURE 33            NORTH AMERICAN AIR CIRCUIT BREAKER MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024                 95

FIGURE 34            NORTH AMERICA AIR CIRCUIT BREAKER MARKET: COMPANY FOOTPRINT             96

FIGURE 35            EATON: COMPANY SNAPSHOT  101

FIGURE 36            SIEMENS: COMPANY SNAPSHOT               105

FIGURE 37            SCHNEIDER ELECTRIC: COMPANY SNAPSHOT                 109

FIGURE 38            ABB: COMPANY SNAPSHOT        113

FIGURE 39            GE VERNOVA: COMPANY SNAPSHOT     117

FIGURE 40            MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT   121

FIGURE 41            WEG: COMPANY SNAPSHOT       123

FIGURE 42            LS ELECTRIC: COMPANY SNAPSHOT      126

FIGURE 43            LEGRAND: COMPANY SNAPSHOT             129