PUBLISHER: IMARC | PRODUCT CODE: 1636030
PUBLISHER: IMARC | PRODUCT CODE: 1636030
The global low voltage DC circuit breaker market size reached USD 1.83 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.60 Billion by 2033, exhibiting a growth rate (CAGR) of 4% during 2025-2033. Continual upgradation and modernization of outdated energy infrastructures, rapid utilization of low-voltage DC circuit breakers to enhance the loads from digital devices, and higher adoption of low voltage DC circuits to power motors in passenger and commercial vehicles represent some of the key factors driving the market.
Electric circuit breakers are a vital part of the modern electrical power distribution system that operates at 50/60 Hz and can handle loads between 100V and 15000V. It is an electromechanical switch that breaks the circuit manually or automatically under abnormal conditions such as over current, over voltage, and short circuits. A continuity interrupter interrupts the flow of electricity by isolating parts of an electrical distribution system under abnormal conditions. Circuit breakers of this type of can be reset manually or electronically to resume normal operation, and they are capable of working at up to 1,000 voltage ratings. Instead of a fuse, which needs to be operated once and needs replacement, a low voltage circuit breaker can be reset multiple times to effectively resume normal options. In addition to providing system protection, it enables different components of the electrical distribution to be isolated for maintenance and operations.
The global market is primarily driven by the rising product demand in various end-use applications, including electric locomotives, electric vehicles, data centres, and thyristor switched capacitor banks. This can be attributed to the increasing need for molded case circuit breakers with considerable increase in power distribution and generation equipment. The rapid utilization of low-voltage DC circuit breakers to enhance the loads from digital devices, including computers, stabilizers, and servers, are resulting in a higher uptake in consumer electronic devices. The continual upgradation and modernization of outdated energy infrastructures for safer electricity delivery systems is also impacting the market positively. However, the initial high costs associated with the installation and maintenance processes are acting as one of the major restraints to market growth. Conversely, the development of various newer electric vehicle models to reduce traffic congestion and pollution levels is resulting in a higher adoption of low voltage DC circuits to power motors on passenger and commercial vehicles. Furthermore, the augmenting demand for decentralized power distribution and stability in the generation of renewable power is creating a positive outlook for the market. Additionally, the growing usage of low-voltage DC circuit breaker in photovoltaic solar panels and battery powered electric circuits that work with direct current is providing an impetus to the market. Some of the other factors contributing to the market include the growing global energy demand, continual product innovations, and extensive research and development (R&D) activities.
Type Insights
Air Circuit Breaker
Molded Case Circuit Breaker
Others
Application Insights
Battery System
Data Centers
Solar Energy
Transportation
Others
End User Insights
Industrial
Commercial
Others
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