PUBLISHER: IMARC | PRODUCT CODE: 1468119
PUBLISHER: IMARC | PRODUCT CODE: 1468119
United States Circuit Breaker Market Report by Product Type, Voltage, Technology, End-Use, and Region 2024-2032
The United States circuit breaker market size reached US$ 2.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032.
A circuit breaker is an electrical switch that can be automatically operated and is designed to protect an electrical circuit from damage caused by an excess current from an overload or short circuit. It interrupts the current flow after a fault is detected. Circuit breakers are made in different sizes, from small devices that protect low-current circuits up to large switchgears, designed to protect high-voltage circuits. Circuit breakers are mainly classified based on rated voltages. Circuit breakers below 1000V are known as low-voltage circuit breakers, whereas, those above 1000V are called high-voltage circuit breakers.
The demand for circuit breakers in the US is currently being driven by several factors. Circuit breakers protect an electrical circuit from damage caused by excessive current from an overload or short circuit. Its basic function is to interrupt current flow when fluctuations are detected. It is effective against low, medium and high voltage fluctuations. Moreover, Circuit breakers are designed in such a way that they are effective in detecting high-voltage fluctuations, which is the major advantage of the device against fuses. Fuses can only work at low-voltages. As a result, circuit breakers are being widely used in large residential and commercial building projects, locomotive and transportation industries, etc. Additionally, circuit breakers are easier to reset as they do not involve touching the live parts of the device. In addition, no cost is associated with resetting circuit breakers unlike the cost of replacing fuses. Other factors which are driving the demand of circuit breakers in the US include growing demand for electricity, increasing technological advancements, high demand for non-conventional energy sources, etc.
IMARC Group's latest report provides a deep insight into the United States circuit breaker market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the United States circuit breaker market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States circuit breaker market report, along with forecasts at the country and regional 2024-2032. Our report has categorized the market based on product type, voltage, technology and end-use.
Breakup by Product Type:
Indoor Circuit Breakers
Outdoor Circuit Breakers
Breakup by Voltage:
Low Voltage
Medium Voltage
High Voltage
Breakup by Technology:
Air
Vacuum
Oil
SF6
Breakup by End-Use:
Transmission and Distribution
Renewable
Power Generation
Railways
Breakup by Region:
Northeast
Midwest
South
West
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
- How has the United States circuit breaker market performed so far and how will it perform in the coming years?
- What are the key regional markets in the United States circuit breaker industry?
- What has been the impact of COVID-19 on the United States circuit breaker market?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the voltage?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the end-use?
- What are the various stages in the value chain of the United States circuit breaker industry?
- What are the key driving factors and challenges in the United States circuit breaker industry?
- What is the structure of the United States circuit breaker industry and who are the key players?
- What is the degree of competition in the United States circuit breaker industry?
- What are the profit margins in the United States circuit breaker industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 United States Circuit Breaker Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact Of COVID-19
- 5.4 Market Breakup by Product Type
- 5.5 Market Breakup by Voltage
- 5.6 Market Breakup by Technology
- 5.7 Market Breakup by End-Use
- 5.8 Market Breakup by Region
- 5.9 Market Forecast
- 5.10 SWOT Analysis
- 5.10.1 Overview
- 5.10.2 Strengths
- 5.10.3 Weaknesses
- 5.10.4 Opportunities
- 5.10.5 Threats
- 5.11 Value Chain Analysis
- 5.11.1 Overview
- 5.11.2 Research and Development
- 5.11.3 Raw Material Procurement
- 5.11.4 Manufacturing
- 5.11.5 Marketing
- 5.11.6 Distribution
- 5.11.7 End-Use
- 5.12 Porters Five Forces Analysis
- 5.12.1 Overview
- 5.12.2 Bargaining Power of Buyers
- 5.12.3 Bargaining Power of Suppliers
- 5.12.4 Degree of Competition
- 5.12.5 Threat of New Entrants
- 5.12.6 Threat of Substitutes
- 5.13 PESTEL Analysis
- 5.13.1 Political
- 5.13.2 Economic
- 5.13.3 Social
- 5.13.4 Legal
- 5.13.5 Environmental
- 5.13.6 Technological
- 5.14 Price Analysis
- 5.14.1 Price Indicators
- 5.14.2 Price Structure
- 5.14.3 Margin Analysis
6 Market Breakup by Product Type
- 6.1 Indoor Circuit Breakers
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Outdoor Circuit Breakers
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Voltage
- 7.1 Low Voltage
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Medium Voltage
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 High Voltage
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Technology
- 8.1 Air
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Vacuum
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Oil
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 SF6
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by End-Use
- 9.1 Transmission and Distribution
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Renewable
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Power Generation
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Railways
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
10 Market Breakup by Region
- 10.1 Northeast
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Midwest
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 South
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 West
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
11 Government Regulations
12 Strategic Recommendations
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
List of Figures
- Figure 1: United States: Circuit Breaker Market: Major Drivers and Challenges
- Figure 2: United States: Circuit Breaker Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: United States: Circuit Breaker Market: Breakup by Product Type (in %), 2023
- Figure 4: United States: Circuit Breaker Market: Breakup by Voltage (in %), 2023
- Figure 5: United States: Circuit Breaker Market: Breakup by Technology (in %), 2023
- Figure 6: United States: Circuit Breaker Market: Breakup by End-Use (in %), 2023
- Figure 7: United States: Circuit Breaker Market: Breakup by Region (in %), 2023
- Figure 8: United States: Circuit Breaker Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 9: United States: Circuit Breaker Industry: SWOT Analysis
- Figure 10: United States: Circuit Breaker Industry: Value Chain Analysis
- Figure 11: United States: Circuit Breaker Industry: Porter's Five Forces Analysis
- Figure 12: United States: Circuit Breaker Industry: PESTEL Analysis
- Figure 13: United States: Circuit Breaker (Indoor Circuit Breakers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: United States: Circuit Breaker (Indoor Circuit Breakers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: United States: Circuit Breaker (Outdoor Circuit Breakers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: United States: Circuit Breaker (Outdoor Circuit Breakers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: United States: Circuit Breaker (Low Voltage) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: United States: Circuit Breaker (Low Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: United States: Circuit Breaker (Medium Voltage) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: United States: Circuit Breaker (Medium Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: United States: Circuit Breaker (High Voltage) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: United States: Circuit Breaker (High Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: United States: Circuit Breaker (Air) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: United States: Circuit Breaker (Air) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: United States: Circuit Breaker (Vacuum) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: United States: Circuit Breaker (Vacuum) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: United States: Circuit Breaker (Oil) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: United States: Circuit Breaker (Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: United States: Circuit Breaker (SF6) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: United States: Circuit Breaker (SF6) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: United States: Circuit Breaker (Transmission and Distribution) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: United States: Circuit Breaker (Transmission and Distribution) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: United States: Circuit Breaker (Renewable) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: United States: Circuit Breaker (Renewable) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: United States: Circuit Breaker (Power Generation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: United States: Circuit Breaker (Power Generation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: United States: Circuit Breaker (Railways) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: United States: Circuit Breaker (Railways) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Northeast: Circuit Breaker Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Northeast: Circuit Breaker Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Midwest: Circuit Breaker Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Midwest: Circuit Breaker Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: South: Circuit Breaker Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: South: Circuit Breaker Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: West: Circuit Breaker Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: West: Circuit Breaker Market Forecast: Sales Value (in Million US$), 2024-2032
List of Tables
- Table 1: United States: Circuit Breaker Market: Key Industry Highlights, 2023 and 2032
- Table 2: United States: Circuit Breaker Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
- Table 3: United States: Circuit Breaker Market Forecast: Breakup by Voltage (in Million US$), 2024-2032
- Table 4: United States: Circuit Breaker Market Forecast: Breakup by Technology (in Million US$), 2024-2032
- Table 5: United States: Circuit Breaker Market Forecast: Breakup by End-Use (in Million US$), 2024-2032
- Table 6: United States: Circuit Breaker Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: United States: Circuit Breaker Market Structure
- Table 8: United States: Circuit Breaker Market: Key Players
