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MarketResearch.biz delivers in-depth insights on the global generator circuit breakers market in its upcoming report titled, “Global Generator Circuit Breakers Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global generator circuit breakers market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global generator circuit breakers market report has been segmented on the basis of type, application, and region.
Generator circuit breakers are the devices used in the power plants between the generator and the transformer to regulate the power flow. Circuit breakers protect the generator and transformer in case of any fault such as the short circuit in the power transmission system. Circuit breakers have improved the lifecycle cost of the power plants by the effective protection of transformers and generators.
Growing demand for power generation coupled with the rapidly growing industrial sector is expected to boost the demand for global circuit breakers market over the forecast period. Rising demand for advanced power generation equipment’s for improved power generation is expected to fuel the market growth over the forecast. Many power plants are in pipeline in US and Canada is expected to have a positive impact on the market over the forecast.
Vacuum circuit breaker is expected to be the largest type segment in the global circuit breakers market. Vacuum circuit breakers are non-explosive and operate silently compared to the air blast circuit breaker and SF6 circuit breakers. Vacuum circuit breakers do not require any filling of oil or gas. They don’t require oil handling, auxiliary air system and hence they do not need any periodic maintenance.
Natural gas power plants are expected to be the largest application segment in the global generator circuit breaker market. The coal-fired power plants are estimated to be the second largest application segment. Gas power plant and coal-fired power plant together hold around 75% of the market. High fluctuations in power generation in these power generation is anticipated to boost the market for generator circuit breaker.
The Asia Pacific is expected to be the largest region owing to rising demand for power transmission and power generation equipment’s. rapidly growing industrial sector coupled with growing urbanization in the region is boosting the demand for power generation which is expected to boost the generator circuit breaker market in the region.
Market segmentation and key players operating in the global market:
Global generator circuit breakers market segmentation, by Type:
- Air blast circuit breaker
- Vacuum circuit breaker
- SF6 circuit breaker
Global generator circuit breakers market segmentation, Application:
- Coal fired power plants
- Gas power plants
- Nuclear power plants
Global generator circuit breakers market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- ABB Ltd.
- Bharat Heavy Electricals Ltd.
- Siemens AG
- Eaton Corporation
- General Electric
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Hitachi Ltd.
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