Japan low-voltage DC circuit breaker market is estimated to grow at a CAGR of 7.8% during the forecast period. Japan has been significantly contributing to the growth of the market. As per the Institute for Sustainable Energy Policies, the share of solar PV power generation in Japan increased from 5.7% in 2017 to 6.5% in 2018. As per the IRENA, Japan solar energy capacity reached 55.5 GW in Japan in 2018. This is led by the most attractive Feed-in-Tariffs (FITs) and utility-scale power plants. Japan’s Government passed a FIT for business users and residential, requiring electric utilities to purchase excess solar power from these users in 2009.
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The major players in the market include ABB Ltd., Eaton Corp., Larsen and Toubro Ltd., Schneider Electric S.E., and Siemens AG. These companies are adopting various strategies such as partnership and collaboration, geographical expansion, and product launch for increasing their market share. For instance, in March 2018, Schneider Electric SE opened its new East Asia & Japan headquarters in Singapore. This will bring together several operations across the island to one location to potentially offers service to the industry partners and customers in Singapore and overall East Asia & Japan.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Japan Low Voltage DC Circuit Breaker Market by Type
- Air Circuit Breakers (ACB)
- Molded Case Circuit Breakers (MCCB)
- Miniature Circuit Breakers (MCB)
Japan Low Voltage DC Circuit Breaker Market by Application
- Residential
- Commercial
- Industrial
Company Profiles
- ABB Ltd.
- Eaton Corp.
- Hitachi Industrial Equipment Systems Co. Ltd.
- Larsen and Toubro Ltd.
- Mitsubhishi Electric Corp.
- Rockwell Automation, Inc.
- Schneider Electric SE
- Sécheron SA
- Sensata Technologies, Inc.
- Siemens AG
The Report covers:
- Comprehensive research methodology of the Japan low voltage DC circuit breaker market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Japan low voltage DC circuit breaker market.
- Insights about market determinants which are stimulating the Japan low voltage DC circuit breaker market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players
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