Global Circuit Breakers Market Growth 2025-2031

Global Circuit Breakers Market Growth 2025-2031

The global Circuit Breakers market size is predicted to grow from US$ 19470 million in 2025 to US$ 27170 million in 2031; it is expected to grow at a CAGR of 5.7% from 2025 to 2031.

Circuit breaker is an automatically operated electrical switch designed to protect an electrical circuit from damage caused by overload or short circuit. Its basic function is to detect a fault condition and interrupt current flow. Unlike a fuse, which operates once and then must be replaced, a circuit breaker can be reset (either manually or automatically) to resume normal operation. Circuit breakers are made in varying sizes, from small devices that protect an individual household appliance up to large switchgear designed to protect high voltage circuits feeding an entire city.

Global Circuit Breakers key players include Schneider Electric, ABB, General Electric, Alstom, Eaton, etc. Global top five players hold a share about 35%.

North America is the largest market, with a share about 20%, followed by Europe and China, having a total share about 70 percent.

In terms of product, the segment includes Air Circuit Breaker, Oil Circuit Breaker, Sulfur Hexafluoride Circuit Breaker, Vacuum Circuit Breaker, Other Circuit Breakers. And in terms of application, the largest application is Industrial, followed by Construction, Transport, Consumer Electronics, Power Generation, Others (healthcare and military etc.).

LP Information, Inc. (LPI) ' newest research report, the “Circuit Breakers Industry Forecast” looks at past sales and reviews total world Circuit Breakers sales in 2024, providing a comprehensive analysis by region and market sector of projected Circuit Breakers sales for 2025 through 2031. With Circuit Breakers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Circuit Breakers industry.

This Insight Report provides a comprehensive analysis of the global Circuit Breakers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Circuit Breakers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Circuit Breakers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Circuit Breakers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Circuit Breakers.

This report presents a comprehensive overview, market shares, and growth opportunities of Circuit Breakers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Air Circuit Breaker
Oil Circuit Breaker
Sulfur Hexafluoride Circuit Breaker
Vacuum Circuit Breaker
Other Circuit Breakers

Segmentation by Application:
Construction
Transport
Industrial
Consumer Electronics
Power Generation
Others (healthcare and military etc.)

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
General Electric
ABB
Alstom
Eaton
Mitsubishi Electric
Schneider Electric
Siemens
Maxwell
Toshiba
Pennsylvania Breaker
Legrand
Schurter Holding
Hager
Fuji Electric
Hyundai
CHINT Electrics
DELIXI
Changshu Switchgear
Shanghai Renmin
Liangxin

Key Questions Addressed in this Report

What is the 10-year outlook for the global Circuit Breakers market?

What factors are driving Circuit Breakers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Circuit Breakers market opportunities vary by end market size?

How does Circuit Breakers break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.