List of Top Circuit Breaker Manufacturers Worldwide in 2023 | By IMARC Group
Circuit Breaker Industry Outlook:
A circuit breaker represents an automatic safety device designed to prevent fluctuations in the flow of the current and protect other devices that are attached to the circuit. It also assists in controlling, regulating, and mastering electric power efficiently. In line with this, a circuit breaker is usually manufactured by using superior conductive materials that can withstand excessive heating, such as copper, steel, aluminum, etc. Presently, it is commonly available in numerous sizes ranging from small devices that protect low-current circuits to large switchgear. A circuit breaker finds extensive applications in several industries, including locomotive, construction, transportation, etc.
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Circuit Breaker Industry Growth:
The increasing need for upgrading electrical transmission networks, especially in emerging economies, on account of the inflating urbanization levels, is primarily augmenting the circuit breaker market. Furthermore, the rising focus of government bodies across several countries on expanding their power generation capacities to meet electricity requirements in rural and urban areas is stimulating the market growth. Apart from this, the widespread adoption of energy-efficient systems to ensure electrical safety and minimize wastage is acting as another significant growth-inducing factor. Moreover, the escalating demand for circuit breakers to save the whole power mechanism and protect from frequent power fluctuations and short circuits is also positively influencing the global market. Besides this, the growing popularity of smart grids is further catalyzing the market growth. Additionally, extensive investments in R&D activities conducted by key market players to introduce product variants with improved corrosion resistance are expected to fuel the circuit breaker market over the forecasted period.
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List of Top Circuit Breaker Manufacturers Worldwide:
- ABB Limited
Establishment: 1883
Headquarter: Zurich, Switzerland - Alstom SA
Establishment: 1928
Headquarter: Saint-Ouen, France - Eaton Corporation Inc.
Establishment: 1911
Headquarter: Ohio, United States - General Electric Company
Establishment: 1892
Headquarter: Boston, Massachusetts - Mitsubishi Electric Power Products, Inc.
Establishment: 1985
Headquarter: Warrendale, Pennsylvania - Schneider Electric SE
Establishment: 1836
Headquarter: France - Siemens AG
Establishment: 1947
Headquarter: Berlin, Germany - Camsco Electric Co. Ltd.
Establishment: 1979
Headquarter: Taiwan - G&W Electric Co.
Establishment: 1905
Headquarter: Bolingbrook, Illinois - Kirloskar Electric Co. Ltd.
Establishment: 1946
Headquarter: India - Larsen & Toubro Limited
Establishment: 2012
Headquarter: Vadodara, India - Powell Industries Inc.
Establishment: 1947
Headquarter: Texas, United States - Schurter Holding AG
Establishment: 1933
Headquarter: Lucerne, Switzerland - Sensata Technologies Inc.
Establishment: 2006
Headquarter: Attleboro, Massachusetts - Toshiba Corporation
Establishment: 1875
Headquarter: Tokyo, Japan
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