The global molded case circuit breakers market was valued at USD 6.52 Billion in 2015 and is expected to grow at a CAGR of 6.82% from 2016 to 2021. Increasing manufacturing and infrastructural activities in Southeast Asia, increasing rural electrification, growing urban energy conservation programs, increasing industrialization and demand from utilities, revival in construction activities in the developing countries like India and China led by various government initiatives will trigger the molded case circuit breakers market.
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Objectives of the Study
·
To define, describe, and forecast the global
molded case circuit breakers market by design type, end-user, rated
current, and region
·
To provide a detailed information regarding
the major factors influencing the growth of the molded case circuit breakers
market (drivers, restraints, opportunities, industry-specific challenges,
winning imperatives, and burning issues related to the market)
·
To strategically analyze the molded case
circuit breakers market with respect to individual growth trends, future
prospects, and contribution of each segment to the market
·
To analyze opportunities in the market for
stakeholders and provide details of a competitive landscape for market leaders
·
To forecast the market size of segments with
respect to six major regions (along with countries), namely, North America,
Europe, Asia-Pacific, the Middle East, and Africa, and Latin America
·
To strategically profile key players and
comprehensively analyze their market shares and core competencies
·
To analyze competitive developments such as
contracts & agreements, mergers & acquisitions, new product
developments, and expansions in the molded case circuit breakers market.
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above findings, click https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=250281361
The report segments the molded case circuit breakers market on the basis of type into MCB and MCCB. The MCCB segment is projected to dominate the MCB and MCCB market.
The molded case circuit breakers market has been segmented based on rated current ranging from 0A–20A, 21A–75A, 76A–250A, 251A–800A, and above 800A. The segment ranging from 75A–250A accounted for the largest market share in 2015. These MCB and MCCB are being increasingly adopted due to their wide application in various industries for motor protection, lighting duties, etc.
The report segments the molded case circuit breakers market based on end-user segment into transmission & distribution, infrastructure (residential and commercial), manufacturing and process industry, transportation (railways), and others.
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In this report, the molded case circuit breakers market has been analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa. Asia-Pacific is expected to dominate the global molded case circuit breakers market during the forecast period, owing to the extensive use of these devices in manufacturing industries as well as infrastructural activities.
The Asia-Pacific market is projected to grow at the highest CAGR from 2016 to 2021. The region is the largest market for the construction sector. The growth of the manufacturing sector, especially in Southeast Asian countries, coupled with an increase in power generation capacity in India, is expected to drive the molded case circuit breakers market in the region.
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