The molded case circuit breakers market is projected to reach USD 9.62 billion by 2021, at a CAGR of 6.82% from 2016 to 2021.
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It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues.
It also covers various important aspects of the market.
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Asia-Pacific: the largest market for MCB and MCCB
Asia-Pacific is currently the largest market for MCB and MCCB, closely followed by North America. The Asian market is primarily driven by countries such as China, India, and Japan, where there are high demands for MCB and MCCB.
The market in this region is projected to grow at a high rate, with China expected to dominate the market. Despite the headwinds in the Chinese economy, increasing domestic demand for various manufacturing facilities and construction activities in the healthcare sector is expected to raise the growth rates slightly in 2017; this will likely boost the demand for MCB and MCCB.
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MCB and MCCB are used in the transmission & distribution, infrastructure (residential and commercial), manufacturing and process industry, transportation (railways), and others. Increasing infrastructural activities including commercial buildings such as airports, hospitals, and railway stations, increasing rural electrification and growing urban energy conservation programs, and increasing industrialization and demand from utilities are expected to drive the molded case circuit breakers market.
The molded case circuit breakers market Report’s Target Audience Includes are :
- Brushless DC motors manufacturing companies
- Electronic equipment, automobile parts, and medical devices manufacturers
- Government and research organizations
- National and local government organizations
- Institutional investors
Leading players in the brushless DC motors market include Johnson Electric (China), Ametek (U.S.), Nidec Corporation (Japan), Minebea (France), Allied Motion Technologies Inc. (U.S.), and Maxon Motor AG (Switzerland).
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Key Point from Table of Content
6 MCB and MCCB Market, By Type
6.2 Miniature Circuit Breaker (MCB)
6.3 Molded Case Circuit Breaker (MCCB)
7 MCB and MCCB Market, By End-User Industry
7.2 Transmission and Distribution
7.3 Manufacturing and Process Industry
7.4 Infrastructure (Residential and Commercial)
7.5 Power Generation
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