The global low voltage DC circuit breaker market is expected to grow at a CAGR of 6.2% during the forecast period. Major factors contributing to the growth of the market include increasing electricity generation from renewable sources such as solar and wind, increasing investment in the grid-scale battery storage system and increasing shift towards decentralization of electricity generation.

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For instance, India has started its first grid-scale battery-based energy storage system in February 2019. As per the National Energy Administration’s (NEA), China has around 175 GW worth of solar PV capacity by January 2019. However, the high cost of renewable energy setup can act as a restraint to the growth of the market. 

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Global Low Voltage DC Circuit Breaker Market Segmentation

By Type

Air Circuit Breakers (ACB)
Molded Case Circuit Breakers (MCCB)
Miniature Circuit-Breakers (MCB)

By Application

Commercial
Residential
Industrial

Regional Analysis

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World

Company Profiles

ABB Ltd.
C&S Electric Ltd.
CBI Electric Group
Eaton Corp.
Entec Electric & Electronic Co., Ltd.
Fuji Electric Co., Ltd.
Hitachi Industrial Equipment Systems Co., Ltd
Hyundai Electric & Energy Systems Co., Ltd.
Larsen and Toubro Ltd.
Mitsubishi Electric Corp.

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