The US low voltage DC circuit breaker market is expected to grow at a CAGR of 7.6% during the forecast period. The US market in North America is dominating due to factors such as investments in R&D and high per-capita income of the population. The US comprises 24.3% of the global economy. The country invites advancement across every sector, including transportation, energy, healthcare, and IT and Telecom. Such wide advancements will hold the significant adoption of low voltage DC circuit breakers in electric vehicles and its charging stations, solar installations, data centers, and hospitals.
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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 2017, ABB Ltd. introduced Emax 2 low-voltage air circuit breakers for microgrid management in the US. The launch of this solution will make it easier to improve control and connectivity and upgrade the power network of any facility. This launch will enable the company to expand its market share in the US.
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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
US Low Voltage DC Circuit Breaker Market by Type
- Air Circuit Breakers (ACB)
- Molded Case Circuit Breakers (MCCB)
- Miniature Circuit Breakers (MCB)
US Low Voltage DC Circuit Breaker Market by Application
- Residential
- Commercial
- Industrial
Company Profiles
- ABB Ltd.
- Eaton Corp.
- Larsen and Toubro Ltd.
- Mitsubhishi Electric Corp.
- Myers Power Products Inc.
- Powell Industries, Inc.
- Rockwell Automation, Inc.,
- Schneider Electric SE
- Sécheron SA
- Sensata Technologies, Inc.
- Siemens AG
The Report covers:
- Comprehensive research methodology of the US 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 US low voltage DC circuit breaker market.
- Insights about market determinants which are stimulating the US 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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