Low Voltage Circuit Breaker Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global low voltage circuit breaker market is expected to grow at a CAGR of around 4.7% during 2025-2034. This report on global low voltage circuit breaker market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global low voltage circuit breaker market by segmenting the market based on type, application, end user, and region. Also, detailed profiles of companies operating in the low voltage circuit breaker market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Electrification of Rural Areas
• Rise of Infrastructural Projects
Market Challenges
• Lack of Skilled Labour
• Environmental Concerns
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Type
• Miniature Circuit Breaker (MCB)
• Molded Case Circuit Breaker (MCCB)
• Air Circuit Breaker
Market by Application
• Energy Allocation
• Shut-off Circuit
• Others
Market by End User
• Residential
• Commercial
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Low Voltage Circuit Breaker Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Low Voltage Circuit Breaker Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Low Voltage Circuit Breaker Market by Type
- 5.1. Introduction
- 5.2. Miniature Circuit Breaker (MCB)
- 5.3. Molded Case Circuit Breaker (MCCB)
- 5.4. Air Circuit Breaker
- 6. Global Low Voltage Circuit Breaker Market by Application
- 6.1. Introduction
- 6.2. Energy Allocation
- 6.3. Shut-off Circuit
- 6.4. Others
- 7. Global Low Voltage Circuit Breaker Market by End User
- 7.1. Introduction
- 7.2. Residential
- 7.3. Commercial
- 7.4. Others
- 8. Global Low Voltage Circuit Breaker Market by Region
- 8.1. Introduction
- 8.2. Europe
- 8.2.1. Germany
- 8.2.2. United Kingdom
- 8.2.3. France
- 8.2.4. Italy
- 8.2.5. Spain
- 8.2.6. Russia
- 8.2.7. Netherlands
- 8.2.8. Rest of the Europe
- 8.3. North America
- 8.3.1. United States
- 8.3.2. Canada
- 8.4. Asia Pacific
- 8.4.1. China
- 8.4.2. Japan
- 8.4.3. India
- 8.4.4. South Korea
- 8.4.5. Australia
- 8.4.6. Indonesia
- 8.4.7. Rest of the Asia Pacific
- 8.5. Latin America
- 8.5.1. Mexico
- 8.5.2. Brazil
- 8.5.3. Argentina
- 8.5.4. Rest of Latin America
- 8.6. Middle East & Africa
- 8.6.1. Saudi Arabia
- 8.6.2. Turkey
- 8.6.3. Iran
- 8.6.4. United Arab Emirates
- 8.6.5. Rest of Middle East & Africa
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Company Profiles
- 12.2.1. Abb Ltd.
- 12.2.2. Carling Technologies, Inc.
- 12.2.3. Changshu Switchgear Mfg. Co., Ltd.
- 12.2.4. Chint Group
- 12.2.5. Circutor SA
- 12.2.6. Danfoss
- 12.2.7. Eaton Corporation PLC
- 12.2.8. E-T-A Gmbh
- 12.2.9. Fuji Electric Fa Components & Systems Co., Ltd.
- 12.2.10. Hager Group
- 12.2.11. Hyundai Electric & Energy Systems Co., Ltd.
- 12.2.12. Lovato Electric S.P.A.
- 12.2.13. Mitsubishi Electric Corporation
- 12.2.14. Panasonic Corporation
- 12.2.15. People Electric Appliance Group Co., Ltd
- 12.2.16. Rockwell Automation, Inc.
- 12.2.17. Shanghai Liangxin Electrical Co., Ltd. (Nader)
- 12.2.18. Siemens Ag
- 12.2.19. Schneider Electric Se
- 12.2.20. Schurter Holding Ag
- 12.2.21. Shanghai Delixi Group Co., Ltd.
- 12.2.22. WEG Group
- List of Figures
- Figure 1: Global Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 2: Global Low Voltage Circuit Breaker Market by Type, 2024
- Figure 3: Global Low Voltage Circuit Breaker Market by Application, 2024
- Figure 4: Global Low Voltage Circuit Breaker Market by End User, 2024
- Figure 5: Global Low Voltage Circuit Breaker Market by Region, 2024
- Figure 6: Global Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 7: Global Low Voltage Circuit Breaker Market by Type (in %), 2024 & 2034
- Figure 8: Global Miniature Circuit Breaker (MCB) Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 9: Global Miniature Circuit Breaker (MCB) Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 10: Global Molded Case Circuit Breaker (MCCB) Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 11: Global Molded Case Circuit Breaker (MCCB) Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 12: Global Air Circuit Breaker Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 13: Global Air Circuit Breaker Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 14: Global Low Voltage Circuit Breaker Market by Application (in %), 2024 & 2034
- Figure 15: Global Energy Allocation Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 16: Global Energy Allocation Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 17: Global Shut-off Circuit Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 18: Global Shut-off Circuit Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 19: Global Other Applications Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 20: Global Other Applications Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 21: Global Low Voltage Circuit Breaker Market by End User (in %), 2024 & 2034
- Figure 22: Global Residential Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 23: Global Residential Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 24: Global Commercial Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 25: Global Commercial Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 26: Global Other End Users Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 27: Global Other End Users Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 28: Global Low Voltage Circuit Breaker Market by Region (in %), 2024 & 2034
- Figure 29: Europe Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 30: Europe Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 31: Europe Low Voltage Circuit Breaker Market by Country (in %), 2024 & 2034
- Figure 32: Germany Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 33: United Kingdom Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 34: France Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 35: Italy Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 36: Spain Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 37: Russia Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 38: Netherlands Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 39: North America Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 40: North America Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 41: North America Low Voltage Circuit Breaker Market by Country (in %), 2024 & 2034
- Figure 42: United States Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 43: Canada Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 44: Asia Pacific Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 45: Asia Pacific Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 46: Asia Pacific Low Voltage Circuit Breaker Market by Country (in %), 2024 & 2034
- Figure 47: China Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 48: Japan Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 49: India Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 50: South Korea Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 51: Australia Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 52: Indonesia Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 53: Latin America Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 54: Latin America Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 55: Latin America Low Voltage Circuit Breaker Market by Country (in %), 2024 & 2034
- Figure 56: Mexico Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 57: Brazil Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 58: Argentina Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 59: Middle East & Africa Low Voltage Circuit Breaker Market (in US$ Million), 2020-2024
- Figure 60: Middle East & Africa Low Voltage Circuit Breaker Market (in US$ Million), 2025-2034
- Figure 61: Middle East & Africa Low Voltage Circuit Breaker Market by Country (in %), 2024 & 2034
- Figure 62: Saudi Arabia Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 63: Turkey Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 64: Iran Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 65: UAE Low Voltage Circuit Breaker Market (in US$ Million), 2020-2034
- Figure 66: Market Value Chain
- List of Tables
- Table 1: Global Low Voltage Circuit Breaker Market Portraiture
- Table 2: Global Low Voltage Circuit Breaker Market by Type (in US$ Million), 2024 & 2034
- Table 3: Global Low Voltage Circuit Breaker Market by Application (in US$ Million), 2024 & 2034
- Table 4: Global Low Voltage Circuit Breaker Market by End User (in US$ Million), 2024 & 2034
- Table 5: Global Low Voltage Circuit Breaker Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Low Voltage Circuit Breaker Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Low Voltage Circuit Breaker Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Low Voltage Circuit Breaker Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Low Voltage Circuit Breaker Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Low Voltage Circuit Breaker Market by Country (in US$ Million),
- 2024 & 2034
- Table 11: List of Key Players
Research Assistance
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