The factors that are playing a major role in the growth of Molded Case Circuit Breakers Market are
rising infrastructural activities, growing industrialization and high demand from utilities, and rising
rural electrification and increasing conservation programs. On the other hand, growing fragmentation
in the manufacturing of MCCB and MCB may be a restraining factor for overall market growth.
Molded Case Circuit Breakers Market is segmented based on product types, rated currents,
applications, and region. Product types such as MCCB (Molded Case Circuit Breaker) and MCB
(Miniature Circuit Breakers) classify the industry. Rated currents such as above 800A, 251A-800A,
76A-250A, 21A-75A, and 0A-20A classify Molded Case Circuit Breakers Industry. Components such as
Frame/Molded Case, Operating Mechanism, Arc Extinguisher, Contacts, and Trip Unit classify this
market.
The 75A-250A segment accounts for the largest market share of Molded Case Circuit Breakers
Industry and is estimated to lead the overall market in the upcoming years. The reason being, rising
adoption of these devices due to their wide application in numerous industries for lighting duties and
motor protection.
Applications into Transportation (Railways), Transmission & Distribution, Manufacturing and Process
Industries, Infrastructure (Residential and Commercial), Power Generation, and others classify the
market. This industry is segmented geographically Americas (North America, Latin America), Europe
(Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.
Globally, Asia Pacific accounts for the largest market share of Molded Case Circuit Breakers Market in
terms of revenue. Moreover, is estimated to grow at the highest CAGR and remain dominant in the
upcoming years. The reason being, rising use of these devices in manufacturing industries and
infrastructural activities. China and India are the measure consumer of the market, as growing power
generation capacity.
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The key players of Molded Case Circuit Breakers Market are Noark Electric, ABB, Huayi Electric,
Schneider Electric, Eaton, Fuji Electric, General Electric, Legrand, Siemens AG, Hitachi, Chint Group,
Rockwell Automation, and WEG. These players are concentrating on inorganic growth to sustain
themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the
need of the hour.