United States Circuit Breaker Market Report and Forecast 2024-2032

United States Circuit Breaker Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the United States circuit breaker market reached a value of USD 2.57 billion in 2023. Aided by the growing demand for reliable and efficient electrical systems, the market is projected to further grow at a CAGR of 5.8% between 2024 and 2032 to reach a value of USD 4.31 billion by 2032.

the U.S. circuit breaker market achieved significant growth, fuelled by the increasing electrification of various sectors, the modernisation of aging electrical infrastructure, and heightened safety regulations. The market is projected to expand at a substantial compound annual growth rate (CAGR), driven by the relentless pursuit of technological advancements and sustainability.

The surge in renewable energy integration necessitates advanced circuit protection solutions to manage variable loads and ensure grid stability is propelling the circuit breaker market in United States. Additionally, the proliferation of electric vehicles (EVs) and associated charging infrastructure calls for robust circuit breakers capable of handling high currents and rapid switching.

Moreover, the growing emphasis on energy efficiency and the reduction of electrical fire risks in buildings have led to stricter codes and standards, further propelling the adoption of state-of-the-art circuit breakers.

Innovation remains a cornerstone of the United States circuit breaker market growth, with manufacturers focusing on developing smarter, more reliable, and eco-friendly circuit breakers. The integration of digital and communication technologies enables real-time monitoring, diagnostics, and remote control, enhancing the operational efficiency and safety of electrical systems. Furthermore, advancements in materials science and design are leading to more compact, energy-efficient, and durable circuit breakers.

There is a significant opportunity for the development of circuit breakers that offer enhanced protection for sensitive electronics and renewable energy systems. Additionally, the shift towards a more decentralised and digitalised energy landscape opens up new avenues for the deployment of smart circuit breakers, contributing to the advancement of smart grids and intelligent building management systems.

The regulatory environment significantly influences the United States circuit breaker market outlook, with standards and codes governing product design, testing, and performance. Regulatory bodies such as the National Electrical Manufacturers Association (NEMA) and the Institute of Electrical and Electronics Engineers (IEEE) play crucial roles in setting these standards.

Government initiatives aimed at promoting energy efficiency, electrical safety, and the adoption of renewable energy sources further support the growth of the circuit breaker market, driving the demand for advanced protection solutions that align with these objectives.

Market Segmentation

The market can be divided based on insulation type, installation, voltage, end use, and region.

Market Breakup by Insulation Type
  • Air
  • Vacuum
  • Gas
  • Oil
Market Breakup by Installation
  • Indoor
  • Outdoor
Market Breakup by Voltage
  • Low Voltage
  • Medium Voltage
  • High Voltage
Market Breakup by End Use
  • Transmission and Distribution Utilities
  • Renewables
  • Power Generation Plants
  • Railways
Market Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States circuit breaker market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Sensata Technologies Holding Plc
  • ABB Ltd.
  • Eaton Corporation plc
  • Toshiba Corp.
  • Schneider Electric SE
  • General Electric Co.
  • CG Power and Industrial Solutions Ltd.
  • LS Electric Co. Ltd.
  • alfanar Group
  • Weidmüller Interface GmbH & Co. KG
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Circuit Breaker Market Overview
8.1 Key Industry Highlights
8.2 North America Circuit Breaker Historical Market (2018-2023)
8.3 North America Circuit Breaker Market Forecast (2024-2032)
8.4 North America Circuit Breaker Market Share by Region
8.4.1 United States
8.4.2 Canada
9 United States Circuit Breaker Market Overview
9.1 Key Industry Highlights
9.2 United States Circuit Breaker Historical Market (2018-2023)
9.3 United States Circuit Breaker Market Forecast (2024-2032)
10 United States Circuit Breaker Market by Insulation Type
10.1 Air
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Vacuum
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Gas
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Oil
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 United States Circuit Breaker Market by Installation
11.1 Indoor
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Outdoor
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 United States Circuit Breaker Market by Voltage
12.1 Low Voltage
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Medium Voltage
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 High Voltage
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 United States Circuit Breaker Market by End Use
13.1 Transmission and Distribution Utilities
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Renewables
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Power Generation Plants
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Railways
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
14 United States Circuit Breaker Market by Region
14.1 New England
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Mideast
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Great Lakes
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Plains
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Southeast
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Southwest
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
14.7 Rocky Mountain
14.7.1 Historical Trend (2018-2023)
14.7.2 Forecast Trend (2024-2032)
14.8 Far West
14.8.1 Historical Trend (2018-2023)
14.8.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Sensata Technologies Holding Plc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 ABB Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Eaton Corporation plc
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Toshiba Corp.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Schneider Electric SE
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 General Electric Co.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 CG Power and Industrial Solutions Ltd.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 LS Electric Co. Ltd.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 alfanar Group
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Weidmüller Interface GmbH & Co. KG
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Circuit Breaker Market: Key Industry Highlights, 2018 and 2032
2. United States Circuit Breaker Market: Key Industry Highlights, 2018 and 2032
3. United States Circuit Breaker Historical Market: Breakup by Insulation Type (USD Billion), 2018-2023
4. United States Circuit Breaker Market Forecast: Breakup by Insulation Type (USD Billion), 2024-2032
5. United States Circuit Breaker Historical Market: Breakup by Installation (USD Billion), 2018-2023
6. United States Circuit Breaker Market Forecast: Breakup by Installation (USD Billion), 2024-2032
7. United States Circuit Breaker Historical Market: Breakup by Voltage (USD Billion), 2018-2023
8. United States Circuit Breaker Market Forecast: Breakup by Voltage (USD Billion), 2024-2032
9. United States Circuit Breaker Historical Market: Breakup by End Use (USD Billion), 2018-2023
10. United States Circuit Breaker Market Forecast: Breakup by End Use (USD Billion), 2024-2032
11. United States Circuit Breaker Historical Market: Breakup by Region (USD Billion), 2018-2023
12. United States Circuit Breaker Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. United States Circuit Breaker Market Structure

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