All updated as on -
The global vacuum circuit breaker market is expected to be worth USD 7,550.0 Mn by the end of the forecast period (2030).
One of humanity's fundamental needs is reliable access to electricity. The security of electrical infrastructure is just as important as its stable and reliable operation. Power grid operations will be hampered if excessive current or circuit faults cause physical harm to equipment or people. Breakers in a circuit prevent dangerous overloads from occurring. One environmentally friendly component of power grids is the vacuum circuit breaker (VCB). The vacuum circuit breaker is divided into two categories, indoor and outdoor, depending on where it is installed. Commercial buildings and numerous industrial sectors make use of indoor VCB. The market for vacuum circuit breakers can be broken down into medium voltage and high voltage subsets, both of which are based on capacity. For medium voltage switchgear applications, vacuum circuit breakers are the go-to because of their effective arc quenching. Utility, commercial, and industrial vacuum circuit breakers each make up a distinct subset of the overall market. Substations and distribution centres are two common places where the VCB is used by the utility industry.
Vacuum circuit breakers are one type of circuit breaker used to protect equipment in distribution and transmission networks. Due to its strong dielectric resilience, vacuum can withstand load imbalance conditions without causing the circuit to fail. Vacuum circuit breakers are mostly used for protecting against short circuits, turning power on and off in the event of a massive load or power supply, and dealing with voltages outside of the home between 22kV and 66kV.
Vacuum circuit breakers provide many benefits over traditional circuit breakers, including being weatherproof, lasting longer, being smaller in size, and being less harmful to the environment. Their lower power consumption compared to standard circuit breakers makes them preferred. Vacuum circuit breakers are an affordable and dependable option for intelligent power and load control in distribution systems. They can regulate and carry on with relatively little energy. Demand for vacuum circuit breakers is growing due to several factors, including the growing need for smart grids, transmission, and distribution infrastructure, the ageing of conventional oil and air circuit breakers, the rising need for power, and the rising technical demand from the distribution sector. Rising energy demand, decentralisation of the power sector in many nations, and a greater demand for electrical infrastructure from the commercial and industrial sectors are all contributing to the power sector's rapid growth. Demand for stable and efficient infrastructure and equipment in power distribution is expanding as automation increases and personnel costs decrease. Circuit breakers are fundamental devices in distribution networks; they interrupt the current flow when there is an imbalance in the load on the line.
Vacuum circuit breakers are a type of circuit breaker used in distribution and transmission networks for the purpose of protecting equipment and devices. Due to its high dielectric strength, the vacuum can withstand load imbalance conditions without causing the circuit to fail. For outdoor applications between 22 kV and 66 kV, vacuum circuit breakers are typically employed for short circuit protection, switching on and off in the event of a large load or power supply. Vacuum circuit breakers are superior to conventional breakers because they are robust, environmentally benign, compact, durable, and suitable for both indoor and outdoor use. Because of their lower power consumption, they are preferred to conventional circuit breakers.
Vacuum circuit breakers are classified into four groups: end-user, voltage rating, region, and kind. The market for hoover circuit breakers is further segmented by application into indoor and outdoor varieties. Indoor vacuum circuit breakers dominate the market because they are safer and better suited to smaller structures with limited space. The market can be broken down into metal & mining, energy utilities, building & construction, chemicals & petrochemicals, food & beverages, and other applications. Due to a growing demand for reliable electrical equipment and the fact that the current oil and air circuit breakers are outdated, unsustainable, and take up a lot of room, energy utilities have cornered this market. Based on voltage rating, the market for vacuum circuit breakers can be broken down into two subsets: medium voltage and high voltage. Medium voltage vacuum circuit breakers have the most investors because they are more financially stable than high voltage vacuum circuit breakers.
Due to factors such as maintenance-free vacuum circuit breakers, grid modernization, rising adoption of grid-connected renewable energy sources, and a rise in demand from the power sector for improved and more reliable performance, the vacuum circuit breakers market analysis is expected to grow significantly over the forecast period. The estimate for the vacuum circuit breaker market is expected to grow throughout the forecast period due to an increase in infrastructure spending. However, the risk of overvoltage while switching and the fact that vacuum circuit breakers become unprofitable at voltages above 38 kV are restraining factors for the vacuum circuit breaker business.
Report Coverage
Global Vacuum Circuit Breaker research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Vacuum Circuit Breaker report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Vacuum Circuit Breaker competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Vacuum Circuit Breaker market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Vacuum Circuit Breaker market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Vacuum Circuit Breaker market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Schneider Electric SE (France), ABB Ltd. (Switzerland), Mitsubishi Electric Corporation (Japan), Alstom SA (France), and Siemens AG (Germany). Toshiba (Japan), Larsen & Turbo (India), Hyundai heavy industries (South Korea), Hitachi (Japan), Fuji Electric (Japan), Nissin Electric (Japan), Xian XD (China), Hyosung (China), Bharat Heavy Electric Ltd. (India), Eaton (Ireland), and Meidensha (Japan)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Vacuum Circuit Breaker market based on the below-mentioned segments:
Global Vacuum Circuit Breaker Market, By Type
Indoor
Outdoor
Global Vacuum Circuit Breaker market, By Voltage
Medium
High
Global Vacuum Circuit Breaker Market, By End User
Utilities
Building & Construction
Food & Beverages
Chemicals & Petrochemicals
Metals & Mining
Global Vacuum Circuit Breaker market, Regional Analysis
One of humanity's fundamental needs is reliable access to electricity. The security of electrical infrastructure is just as important as its stable and reliable operation. Power grid operations will be hampered if excessive current or circuit faults cause physical harm to equipment or people. Breakers in a circuit prevent dangerous overloads from occurring. One environmentally friendly component of power grids is the vacuum circuit breaker (VCB). The vacuum circuit breaker is divided into two categories, indoor and outdoor, depending on where it is installed. Commercial buildings and numerous industrial sectors make use of indoor VCB. The market for vacuum circuit breakers can be broken down into medium voltage and high voltage subsets, both of which are based on capacity. For medium voltage switchgear applications, vacuum circuit breakers are the go-to because of their effective arc quenching. Utility, commercial, and industrial vacuum circuit breakers each make up a distinct subset of the overall market. Substations and distribution centres are two common places where the VCB is used by the utility industry.
Vacuum circuit breakers are one type of circuit breaker used to protect equipment in distribution and transmission networks. Due to its strong dielectric resilience, vacuum can withstand load imbalance conditions without causing the circuit to fail. Vacuum circuit breakers are mostly used for protecting against short circuits, turning power on and off in the event of a massive load or power supply, and dealing with voltages outside of the home between 22kV and 66kV.
Vacuum circuit breakers provide many benefits over traditional circuit breakers, including being weatherproof, lasting longer, being smaller in size, and being less harmful to the environment. Their lower power consumption compared to standard circuit breakers makes them preferred. Vacuum circuit breakers are an affordable and dependable option for intelligent power and load control in distribution systems. They can regulate and carry on with relatively little energy. Demand for vacuum circuit breakers is growing due to several factors, including the growing need for smart grids, transmission, and distribution infrastructure, the ageing of conventional oil and air circuit breakers, the rising need for power, and the rising technical demand from the distribution sector. Rising energy demand, decentralisation of the power sector in many nations, and a greater demand for electrical infrastructure from the commercial and industrial sectors are all contributing to the power sector's rapid growth. Demand for stable and efficient infrastructure and equipment in power distribution is expanding as automation increases and personnel costs decrease. Circuit breakers are fundamental devices in distribution networks; they interrupt the current flow when there is an imbalance in the load on the line.
Vacuum circuit breakers are a type of circuit breaker used in distribution and transmission networks for the purpose of protecting equipment and devices. Due to its high dielectric strength, the vacuum can withstand load imbalance conditions without causing the circuit to fail. For outdoor applications between 22 kV and 66 kV, vacuum circuit breakers are typically employed for short circuit protection, switching on and off in the event of a large load or power supply. Vacuum circuit breakers are superior to conventional breakers because they are robust, environmentally benign, compact, durable, and suitable for both indoor and outdoor use. Because of their lower power consumption, they are preferred to conventional circuit breakers.
Vacuum circuit breakers are classified into four groups: end-user, voltage rating, region, and kind. The market for hoover circuit breakers is further segmented by application into indoor and outdoor varieties. Indoor vacuum circuit breakers dominate the market because they are safer and better suited to smaller structures with limited space. The market can be broken down into metal & mining, energy utilities, building & construction, chemicals & petrochemicals, food & beverages, and other applications. Due to a growing demand for reliable electrical equipment and the fact that the current oil and air circuit breakers are outdated, unsustainable, and take up a lot of room, energy utilities have cornered this market. Based on voltage rating, the market for vacuum circuit breakers can be broken down into two subsets: medium voltage and high voltage. Medium voltage vacuum circuit breakers have the most investors because they are more financially stable than high voltage vacuum circuit breakers.
Due to factors such as maintenance-free vacuum circuit breakers, grid modernization, rising adoption of grid-connected renewable energy sources, and a rise in demand from the power sector for improved and more reliable performance, the vacuum circuit breakers market analysis is expected to grow significantly over the forecast period. The estimate for the vacuum circuit breaker market is expected to grow throughout the forecast period due to an increase in infrastructure spending. However, the risk of overvoltage while switching and the fact that vacuum circuit breakers become unprofitable at voltages above 38 kV are restraining factors for the vacuum circuit breaker business.
Report Coverage
Global Vacuum Circuit Breaker research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Vacuum Circuit Breaker report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Vacuum Circuit Breaker competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Vacuum Circuit Breaker market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Schneider Electric SE (France), ABB Ltd. (Switzerland), Mitsubishi Electric Corporation (Japan), Alstom SA (France), and Siemens AG (Germany). Toshiba (Japan), Larsen & Turbo (India), Hyundai heavy industries (South Korea), Hitachi (Japan), Fuji Electric (Japan), Nissin Electric (Japan), Xian XD (China), Hyosung (China), Bharat Heavy Electric Ltd. (India), Eaton (Ireland), and Meidensha (Japan) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Vacuum Circuit Breaker Market from 2021 to 2030.
- Market Forecast for Vacuum Circuit Breaker Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Vacuum Circuit Breaker competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Vacuum Circuit Breaker
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Vacuum Circuit Breaker market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Vacuum Circuit Breaker market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Schneider Electric SE (France), ABB Ltd. (Switzerland), Mitsubishi Electric Corporation (Japan), Alstom SA (France), and Siemens AG (Germany). Toshiba (Japan), Larsen & Turbo (India), Hyundai heavy industries (South Korea), Hitachi (Japan), Fuji Electric (Japan), Nissin Electric (Japan), Xian XD (China), Hyosung (China), Bharat Heavy Electric Ltd. (India), Eaton (Ireland), and Meidensha (Japan)
Primary Target Market
- Market Players of Vacuum Circuit Breaker
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Vacuum Circuit Breaker market based on the below-mentioned segments:
Global Vacuum Circuit Breaker Market, By Type
Indoor
Outdoor
Global Vacuum Circuit Breaker market, By Voltage
Medium
High
Global Vacuum Circuit Breaker Market, By End User
Utilities
Building & Construction
Food & Beverages
Chemicals & Petrochemicals
Metals & Mining
Global Vacuum Circuit Breaker market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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