Vacuum Circuit Breaker Market Analysis 2020 Growth Rate and Forecasts Till 2023

Posted by Anvi on March 26th, 2020

A circuit breaker is a device that, interposes an electric circuit to avert unwarranted current, caused by short circuit, typically resulting from overload. A vacuum circuit breaker (VCB) is a kind of circuit breaker where the arc quenching takes place in vacuum medium. In a vacuum circuit breaker, vacuum interrupters are used for breaking and making load and fault currents. A vacuum circuit breaker can be used frequently or at a place of multi breaking short circuit. Vacuum circuit breakers are widely used in utility sector, to reduce energy loses in power generation and transmission efficiently. These factors will be contributing for the growth of global Vacuum Circuit Breaker Market Analysis in forecast period.

Vacuum circuit breakers are classified based on their types as indoor VCB and outdoor VCB. The indoor VCB type is equipped in a switchgear placed under an infrastructure for safe transmission operations. Outdoor VCB is suitable for switching of arc furnace transformers up to 50 operations per day. Outdoor VCB is mostly used in current transformers and potential transformers at outdoor location.

Industry Segmentation

Global vacuum circuit breakers market has been segmented on the basis of type, end-user, voltage rating, and region.

Based on type the market is further segmented as indoor vacuum circuit breaker, and outdoor vacuum circuit breaker. Indoor vacuum circuit breakers are dominating the market due to the fact, that they have lower risk of hazards, explosion, and are suitable for buildings with lesser space. On the basis of end-use, the market is classified as energy utilities, building & construction, chemicals & petrochemicals, foods & beverages, metal & mining, and others.

On the basis of voltage rating, the vacuum circuit breaker market is segmented as medium and high voltage. Medium voltage vacuum circuit breakers are prime shareholders as they are economically feasible over high voltage vacuum circuit breakers.    

Leading Players

The key players of global vacuum circuit breaker market are ABB Group (Switzerland), Siemens Ltd. (Germany), General Electric Company (USA), Crompton Greaves Ltd. (India), Alstom SA. (France), Schneider Electric (France), Mitsubishi Electric Corporation (Japan), L&T Electrical & Automation (India), Kirloskar Electric Company Ltd. (India) and Eaton Corporation PLC (Ireland).

Scope of the Report

This research report has provided the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global Vacuum Circuit Breaker market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore, the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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