Vacuum Circuit Breaker Market 2019 Recent Developments, Trends Evaluation, Industry Size, Share, Growth Insights, Future Forecast Research Report 2023

The global vacuum circuit breaker market is predicted to grow at a 6% CAGR During 2018-2023, reveals the new Market Research Future (MRFR) report. Today, the vacuum circuit breaker is regarded as a highly reliable current interruption technology, especially for medium voltage switchgear.

Pune, India - July 16, 2019 /MarketersMedia/ —

Vacuum Circuit Breaker Market Analysis

It is compactly designed for high reliability, safe operation, and easy maintenance. The vacuum circuit breaker is widely used in porcelain housed circuit breakers and metal clad switchgear. It uses a vacuum to extinct the arc. Long life, no explosion, no fire hazard, fast operation, minimal maintenance, and noiseless operation are some of its alluring features.

Various factors are driving the growth of the vacuum circuit breaker market. These factors, in accordance with the Market Research Future (MRFR) report, include growing demand for power, increasing need for transmission and distribution infrastructure and smart grids, aging of conventional air and oil circuit breakers, growing technical demand from distribution sector, and growing urbanization and industrialization.

Get Free Sample Copy of “Vacuum Circuit Breaker Market” at: https://www.marketresearchfuture.com/sample_request/3625

On the contrary, high infrastructure cost may deter the vacuum circuit breaker market growth over the forecast period.

Prominent Players

Leading players profiled in the vacuum circuit breaker market report include Meidensha (Japan), Eaton (Ireland), Bharat Heavy Electric Ltd. (India), Hyosung (China), Xian XD (China), Nissin Electric (Japan), Fuji Electric (Japan), Hitachi (Japan), Hyundai Heavy Industries (South Korea), Larsen & Turbo (India), Toshiba (Japan), Siemens AG (Germany), Alstom SA (France), Mitsubishi Electric Corporation (Japan), ABB Ltd. (Switzerland), and Schneider Electric SE (France).

Market Segmentation

The Market Research Future report offers a wide segmental analysis of the vacuum circuit breaker market based on voltage rating, end user, and type.

Based on type, the vacuum circuit breaker market is segmented into outdoor vacuum circuit breaker and indoor vacuum circuit breaker. Of these, the indoor vacuum circuit breaker segment will have the largest share over the forecast period. This is owing to the fact that they have lower risks of hazards and explosion as well as is ideal for buildings having lesser space.

Based on end use, the vacuum circuit breaker market is segmented into metal and mining, foods and beverages, chemicals and petrochemicals, building and construction, energy utilities, and others. Of these, the energy utilities segment will dominate the market over the forecast period. This is on account of the fact that the present oil and air circuit breakers are not eco-friendly and also aging, and also need large space. Moreover, there is a growing need for reliable electrical equipment.

Based on voltage rating, the vacuum circuit breaker market is segmented into medium and high voltage. Of these, the medium voltage vacuum circuit breaker segment will have the maximum share in the market over the forecast period. This is on account of the fact that these are economically feasible compared to high voltage vacuum circuit breakers.

Regional Analysis

Based on the region, the vacuum circuit breaker market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, North America, and the Middle East and Africa (MEA).

Of these, Asia Pacific will dominate the market over the forecast period. Japan, South Korea, India, and China are the key contributors here as they demand more power every year.

The vacuum circuit breaker market in Europe is predicted to have a healthy growth over the forecast period. This is owing to growing renewable energy from the region. Germany is the key contributor here.

The vacuum circuit breaker market in North America is predicted to have a notable growth over the forecast period. This is owing to the increased implementation of smart grids and increased electrical consumption. The upcoming huge number of smart projects as well as initiatives are predicted to supplement the need for vacuum circuit breakers over the forecast period.

Industry Related News

November 2018: Schneider Electrics has come up with a circuit breaker with low voltage power. This has a wireless remote control which works with Bluetooth that will help to keep maintenance staff outside the arc flash zone at the time of operation. The latest circuit breaker features IoT enhanced digital capabilities including advanced metering, sensing technologies, integrated analytics, customizable as well as downloadable applications, and wireless communication which will work with various evolving industry challenges.

Browse Complete Vacuum Circuit Breaker Market Research Report at: https://www.marketresearchfuture.com/reports/vacuum-circuit-breaker-market-3625

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Info:
Name: Market Research Future
Email: Send Email
Organization: Market Research Future
Address: Market Research Future, Office No. 528, Amanora Chambers Pune - 411028 Maharashtra, India
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/vacuum-circuit-breaker-market-3625

Source URL: https://marketersmedia.com/vacuum-circuit-breaker-market-2019-recent-developments-trends-evaluation-industry-size-share-growth-insights-future-forecast-research-report-2023/88897031

Source: MarketersMedia

Release ID: 88897031

More News From Sports - The World Insiders

Predators score 5 in second, beat Red Wings 6-1

Dec 10, 2019

DETROIT — Matt Duchene figured the Nashville Predators deserved better after scoring just once in a loss to the New York Rangers over the weekend. He had few complaints two nights later. Duchene scored two of Nashville's five second-period goals, and the Predators easily dispatched the Detroit Red Wings 6-1 on Monday night. One of Duchene's goals came when he flung the puck from along the boards near the blue line. It deflected in off the stick of Red Wings defenseman Madison Bowey. "I thought Saturday we did a lot of good things and probably should have scored that many...

Kane scores in overtime, Blackhawks beat Ducks 3-2

Dec 10, 2019

ANAHEIM, Calif. — Patrick Kane scored 24 second into overtime off a pass from Jonathan Toews and the Chicago Blackhawks beat the Anaheim Ducks 3-2 Sunday night. Rookie Adam Boqvist scored his first career NHL goal and Alex DeBrincat scored on a two-man advantage as the Blackhawks spoiled the 1,000th career game of Ducks center Ryan Getzlaf. Sam Steel and Nick Ritchie scored for Anaheim. Ryan Miller had 34 saves. Toews, stopped in traffic shortly after overtime began, spun around and slipped a cross-ice pass to Kane, who lifted the puck over the shoulder of Miller for the winner. Blackhawks...

Tkachuk's trickery sends Flames past Predators 6-5 in OT

Dec 10, 2019

NASHVILLE, Tenn. — Matthew Tkachuk didn't think a comeback win was possible after Calgary's terrible start. Then, he scored a pair of improbable goals for a come-from-behind win. Tkachuk scored the tying goal with 40 seconds left in regulation and the winning goal with 1.4 seconds left in overtime on a between-the-legs shot as the Flames' beat the Nashville Predators 6-5 on Thursday night. Calgary rallied from a three-goal deficit after Nashville took the game's first 14 shots. "I didn't think it was going to be possible after the first 20 minutes or first 10 minutes," Tkachuk said. "We were...

Blues' Tarasenko to miss weekend games at Boston, Detroit

Dec 10, 2019

ST. LOUIS — Blues forward Vladimir Tarasenko will not travel with the team for weekend games at Boston and Detroit after suffering an unspecified upper-body injury in a win over Los Angeles. General manager Doug Armstrong said Friday that Tarasenko will be re-evaluated when the team returns following Sunday's game against the Red Wings. Tarasenko left Thursday night's 5-2 win over the Kings after getting tangled up with Kings defenseman Sean Walker on a partial break with about 6 minutes left in the first. Tarasenko, who had eight points in his previous five games, had two shots in 4:37 of...

Hedman scores late goal, Lightning beat Penguins 3-2

Dec 10, 2019

TAMPA, Fla. — Victor Hedman scored a power-play goal with 56.8 seconds remaining to give the Tampa Bay Lightning a 3-2 victory over the Pittsburgh Penguins on Wednesday night. The defenseman scored from just inside the blue line off Steven Stamkos' pass from the left circle. Alex Killorn and Cedric Paquette also scored, and Andrei Vasilevskiy made 37 saves, including a pair of in-close chances in the final seconds of regulation. One of them, taken by Kris Letang, required a lengthy video review before it was confirmed that the puck didn't cross the goal line. Brandon Tanev and Jake Guentzel...

About Us

The World Insiders brings you exclusive coverage from across the globe in a timely, easy to consume format sourced directly from our regional media partners.

Contact us: sales[at]theworldinsiders.com

Subscribe Now!