Rising Demand For Reliable Electrical Supply To Develop Low Voltage Substations Will Drive The Growth Of HV Circuit Breaker.
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According to MarketIntelReports' “ Global High Voltage Circuit Breaker Market by Manufacturers, Countries, Type and Application, Forecast to 2022 ”:
Browse 116 Pages and an in-depth TOC on “High Voltage Circuit Breaker Market 2017-2022 ” here
A HV circuit breaker is an electrical switch which is auomatically operated. It protects an electrical circuit from damage which is caused due to overload or short circuit.
The HV breaker can detects the fault condition and interrupts the current flow. A fuse that operates once must be replaced.
But the circuit breaker can be reset to function normally.
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The power breaker is available in different sizes. It can range from household appliances to large switch gears that protect voltage circuits in a city.
The demand for modular and packed substations across the industrial end users will be a boost for the High Voltage Circuit Breaker Market.
Scope & Regional Forecast of the High Voltage Circuit Breaker Market
The growing demand for a smart transmission and distribution network will propel the High Voltage Circuit Breaker Market. The increasing investment for the development of transmission grid infrastructure by private entities will augment the demand for the main circuit breaker.
Implementing medium or large scale renewable energy projects will have a positive impact on the growth of the power circuit breaker. In 2015, the Indian government introduced the Green Energy Corridor Project for the development of separate grid infrastructure.
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Vaccum circuit breakers are expected to have high growth due to increasing demand from medium and high voltage substation applications. Strict regulations related to leakage of greenhouse gas emissions from other technologies catapult the use of the voltage breaker.
The growth of high voltage circuit breakers in US is attributed to the programs carried out by the government to enhance the safety of T&D grid infrastructure. Deploying new HDVC lines for long distance power transmission will push the growth of the industry further.
Indian circuit breakers have a substantial growth due to growing demand for modular and packaged substations in the remote onshore oil and gas drilling areas.
Segmentations & Key Players Involved in the High Voltage Circuit Breaker Market
The High Voltage Circuit Breaker Market can be broken down into various segments as follows:
- Product Type- Vacuum High Voltage Circuit Breaker, Sulfur Hexafluoride High Voltage Circuit Breaker, Air High Voltage Circuit Breaker, Oil High Voltage Circuit Breaker, and Others.
- Application- Construction, Transport, Power Generation, and Others.
- Region- North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Some of the key players involved in the High Voltage Circuit Breaker Market are as follows:
- GE Grid
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