Germany low voltage DC circuit breaker market is expected to grow at a CAGR of 7.1% during the forecast period. Germany is the largest European trading partner of the US and the sixth-largest market for the export of goods to the US, as per the International Trade Administration. The country is estimated to be one of the major countries in the European LVDC circuit breakers market owing to the rise in adoption of solar panel module for the eco-friendly environment due to the increasing environmental concern. In terms of installations, as per the International Renewable Energy Agency (IRENA), Germany witnessed a total installation of 45,932 MW in 2018. It witnessed a growth of around 6.0% as compared to 2017. As the overall solar panel installation increases, it is expected to create opportunities for the growth of the market in the future.
To Request a Sample of our Report on Germany Low Voltage DC Circuit Breaker Market: https://www.omrglobal.com/request-sample/germany-low-voltage-dc-circuit-breakers-market
Additionally, according to Germany Trade & Invest (GTAI), Germany’s electronics and electrical companies manufacture over 100,000 different electronic products and systems; ranging from electronic medical equipment, automotive electronics, to microelectronic components. Germany has a huge potential to emerge as a significant contributor to the growth of LVDC circuit breakers market owing to the availability of an array of public and private research organizations, including the Max Planck Institutes and the Fraunhofer Gesellschaft backed by the Ministry of Education and Research, which are focused on innovating the electronic products.
(Get 15% Discount on Buying this Report)
A full Report of Germany Low Voltage DC Circuit Breaker Market is Available at: https://www.omrglobal.com/industry-reports/germany-low-voltage-dc-circuit-breakers-market
Germany Low Voltage DC Circuit Breaker Market Segmentation
By Type
- Air Circuit Breakers (ACB)
- Molded Case Circuit Breakers (MCCB)
- Miniature Circuit Breakers (MCB)
By Application
- Residential
- Commercial
- Industrial
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
