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.
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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.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- 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
Germany Low Voltage DC Circuit Breaker Market by Type
- Air Circuit Breakers (ACB)
- Molded Case Circuit Breakers (MCCB)
- Miniature Circuit Breakers (MCB)
Germany Low Voltage DC Circuit Breaker Market by Application
- Residential
- Commercial
- Industrial
Company Profiles
- ABB Ltd.
- Eaton Corp.
- Fritz Driescher & Söhne GmbH
- Larsen and Toubro Ltd.
- Legrand SA
- Mitsubhishi Electric Corp.
- Rockwell Automation, Inc.
- Schneider Electric SE
- Sécheron SA
- Siemens AG
The Report covers:
- Comprehensive research methodology of the Germany 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 Germany low voltage DC circuit breaker market.
- Insights about market determinants which are stimulating the Germany 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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