Circuit breakers play an important role in the electrical systems of residential homes as well as commercial buildings. The following report examines the global circuit breakers market, offering a professional analysis of the market's current and future prospective scenarios.
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Circuit breakers have been around for a century, with Thomas Edison proposing the idea of an automated electrical switch to prevent current overload in 1879. Since then, circuit breakers have become an essential component of residential and commercial electrical systems. In the United States and many other countries, homes and buildings are required to have a circuit breaker -- or several circuit breakers -- to protect the connected devices from current overload.
So, how does a circuit breaker work? Some people assume that circuit breakers are the same as fuses.
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While both fuses and circuit breakers can protect connected devices from current overload, they aren't the same. A fuse is essentially a weak strip of metal or material that melts during current overload. If too much electricity flows through a fuse, the fuse's material will melt, resulting in what's known as a "blown fuse."
In comparison, a circuit breaker is designed to "trip" during current overload. All electricity entering a home or building travels through a main circuit breaker where it's redirected to the appropriate devices. When electricity flows through the circuit breaker, the circuit breaker analyzes it for faults, specifically current overload. If too much electricity is entering the home or building -- so much that it could start a fire or damage the connected devices -- the circuit breaker will interrupt the flow of electricity.
When compared to fuses, circuit breakers are preferred because they can be reused. Once a fuse blows, it must be replaced. Otherwise, electricity won't be able to flow through it and reach the connected devices. But circuit breakers can be reused after tripping. If a circuit breaker trips, it can be manually reactivated after the problem has been fixed.
The Global Circuit Breaker Market report by Global Market Insights is a comprehensive study of the global circuit breakers market. According to the report, the market was valued at roughly $13 billion in 2017. By 2024, researchers predict that over 40 million new circuit breakers will be installed each year. You can learn more about the global circuit breakers market by purchasing this report. It analyzes the market from a variety of angles, allowing you to make smarter investment and business decisions pertaining to the circuit breakers market.
Some of the key circuit breaker vendors profiled in this report include Schneider Electric, ABB, Eaton, TE Connectivity, Toshiba, Mitsubishi, Powell Industries, Hubbell, L&T, Crompton Greaves, Siemens, Hitachi, Fuji Electric, Meidensha, BEL Fuse, and Mersen S.A.