Vacuum Circuit Breaker Market Research Report- Forecast to 2027

Vacuum Circuit Breaker Market Research Report by Type (Indoor and outdoor) End-Use (Utilities, Building & Construction, Food & Beverages, Chemicals & Petrochemicals, Metals & Mining) Voltage (Medium & High), and Region - Global Forecast till 2027

ID: MRFR/E&P/2436-HCR | February 2021 | Region: Global | 111 pages

Please note that the assessment period of report has been updated from 2016-2023 to 2020-2027. Cordially fill the sample form for updated data.

Impact of the COVID-19 Outbreak on the Global Vacuum Circuit Breaker Market
Vacuum Circuit Breaker Market


Source: Primary Experts, Secondary Sources, and MRFR Analysis


The outbreak of the COVID-19 pandemic, which started in November 2019, has had a harsh impact on the global economy as the pandemic has impacted various sectors such as energy, manufacturing, construction, and automotive significantly. The outbreak of the pandemic has affected the global energy sector adversely, as there has been a significant decline in the energy demand from the residential, commercial, and industrial sectors. The power sector has been affected due to the spreading of the pandemic across countries such as the US, the UK, China, and India as most of the countries around the world have imposed lockdown restrictions, that have not only disrupted the supply chain of goods & materials but have also caused a decline in the production rate, shutting down of manufacturing sites, and halting of various projects, which has lowered the demand for electricity from end-use consumers. As per the International Energy Agency (IEA), the global annual electricity demand decreased by approximately 15% in 2020. It has been recorded that the demand for electricity in the United States, Japan, South Korea, and the European Union decreased by nearly 2.5%-4.5% in Q1 of 2020 when compared to the same in 2019.


Moreover, in 2020, the demand for electricity in the construction and manufacturing sectors decreased by 12% in China during the lockdown period as compared to the same period in 2019. These factors are expected to influence the vacuum circuit breakers market in the coming months as the power sector has been affected significantly due to the COVID-19 pandemic. Thus, the global vacuum circuit breakers market has been negatively impacted by the COVID-19 pandemic. The pandemic has considerably disrupted the supply chain momentum as well as product demand across the entire energy and power industry. However, the demand for vacuum circuit breakers is anticipated to grow significantly with the growing demand for electricity in the residential, commercial, and industrial sectors during the coming months. Such factors are expected to influence the vacuum circuit breakers market.


Global Investment in the Energy Sector (2017-2020)


Source: IEA


The growing demand for power, the increasing investments in the transmission and distribution sector, and the rising demand for smart grids are some of the factors which propel the global vacuum circuit breakers market. As per the International Energy Agency (IEA), the overall demand for energy in Southeast Asia is estimated to grow by nearly 60% by 2040. The growing energy demand across the region is anticipated to boost the market for vacuum circuit breakers. Furthermore, rapid industrialization is expected to fuel the demand for vacuum circuit breakers in the global market as they are electrical safety devices installed in electrical systems for protecting electrical circuits from instances of overload and short-circuit. Additionally, the global players in the vacuum circuit breakers market are focused on the development of preventive measures and new business models to address the situation in the global market.

Table of content

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Vacuum Circuit Breaker Market, By End-Use

5.1 Introduction

5.2 Utilities

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 Building & construction

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.4 Chemicals & Petrochemicals

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast by Region, 2020-2027

5.5 Food & Beverages

5.5.1 Market Estimates & Forecast, 2020-2027

5.5.2 Market Estimates & Forecast by Region, 2020-2027

5.5 Metals & Mining

5.6.1 Market Estimates & Forecast, 2020-2027

5.6.2 Market Estimates & Forecast by Region, 2020-2027

6 Global Vacuum Circuit Breaker Market, By Type

6.1 Introduction

6.2 Indoor VCB

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Outdoor VCB

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

7 Global Vacuum Circuit Breaker Market, By Voltage

7.1 Introduction

7.2 Medium

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 High

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

8 Global Vacuum Circuit Breaker Market, By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by End-Use, 2020-2027

8.2.3 Market Estimates & Forecast by Type, 2020-2027

8.2.4 Market Estimates & Forecast by Voltage, 2020-2027

8.2.5 U.S.

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast by End-Use, 2020-2027

8.2.5.3 Market Estimates & Forecast by Type, 2020-2027

8.2.5.4 Market Estimates & Forecast by Voltage, 2020-2027

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2020-2027

8.2.6.2 Market Estimates & Forecast by End-Use, 2020-2027

8.2.6.3 Market Estimates & Forecast by Type, 2020-2027

8.2.6.4 Market Estimates & Forecast by Voltage, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by End-Use, 2020-2027

8.3.3 Market Estimates & Forecast by Type, 2020-2027

8.3.4 Market Estimates & Forecast by Voltage, 2020-2027

8.3.5 U.K.

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast by End-Use, 2020-2027

8.3.5.3 Market Estimates & Forecast by Type, 2020-2027

8.3.5.4 Market Estimates & Forecast by Voltage, 2020-2027

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast by End-Use, 2020-2027

8.3.6.3 Market Estimates & Forecast by Type, 2020-2027

8.3.6.4 Market Estimates & Forecast by Voltage, 2020-2027

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast by End-Use, 2020-2027

8.3.7.3 Market Estimates & Forecast by Type, 2020-2027

8.3.7.4 Market Estimates & Forecast by Voltage, 2020-2027

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast by End-Use, 2020-2027

8.3.8.3 Market Estimates & Forecast by Type, 2020-2027

8.3.8.4 Market Estimates & Forecast by Voltage, 2020-2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast by End-Use, 2020-2027

8.3.9.3 Market Estimates & Forecast by Type, 2020-2027

8.3.9.4 Market Estimates & Forecast by Voltage, 2020-2027

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by End-Use, 2020-2027

8.4.3 Market Estimates & Forecast by Type, 2020-2027

8.4.4 Market Estimates & Forecast by Voltage, 2020-2027

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast by End-Use, 2020-2027

8.4.5.3 Market Estimates & Forecast by Type, 2020-2027

8.4.5.4 Market Estimates & Forecast by Voltage, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast by End-Use, 2020-2027

8.4.6.3 Market Estimates & Forecast by Type, 2020-2027

8.4.6.4 Market Estimates & Forecast by Voltage, 2020-2027

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast by End-Use, 2020-2027

8.4.7.3 Market Estimates & Forecast by Type, 2020-2027

8.4.7.4 Market Estimates & Forecast by Voltage, 2020-2027

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast by End-Use, 2020-2027

8.4.8.3 Market Estimates & Forecast by Type, 2020-2027

8.4.8.4 Market Estimates & Forecast by Voltage, 2020-2027

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by End-Use, 2020-2027

8.5.3 Market Estimates & Forecast by Type, 2020-2027

8.5.4 Market Estimates & Forecast by Voltage, 2020-2027

9 Competitive Landscape

10 Company Profile

10.1 Schneider Electric SE (France)

10.1.1 Company Overview

10.1.2 Product/Services Offering

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Strategy

10.1.6 SWOT Analysis

10.2 ABB Ltd. (Switzerland)

10.2.1 Company Overview

10.2.2 Product /Services Offering

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Strategy

10.2.6 SWOT Analysis

10.3 Mitsubishi Electric Corporation (Japan)

10.3.1 Company Overview

10.3.2 Product /Services Offering

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Strategy

10.3.6 SWOT Analysis

10.4 Alstom SA (France)

10.4.1 Company Overview

10.4.2 Product /Services Offering

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Strategy

10.4.6 SWOT Analysis

10.5 Siemens AG (Germany)

10.5.1 Company Overview

10.5.2 Product /Services Offering

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Strategy

10.5.6 SWOT Analysis

10.6 Toshiba (Japan)

10.6.1 Company Overview

10.6.2 Product /Services Offering

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Strategy

10.6.6 SWOT Analysis

10.7 Larsen & Turbo (India)

10.7.1 Company Overview

10.7.2 Product /Services Offering

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Strategy

10.7.6 SWOT Analysis

10.8 Hyundai heavy industries (South Korea)

10.8.1 Company Overview

10.8.2 Product /Services Offering

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Strategy

10.8.6 SWOT Analysis

10.9 Hitachi (Japan)

10.9.1 Company Overview

10.9.2 Product /Services Offering

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Strategy

10.9.6 SWOT Analysis

10.10 Nissin Electric (Japan)

10.10.1 Company Overview

10.10.2 Product /Services Offering

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Strategy

10.10.6 SWOT Analysis

10.11 Eaton (Ireland)

10.11.1 Company Overview

10.11.2 Product /Services Offering

10.11.3 Financial Overview

10.11.4 Key Developments

10.11.5 Strategy

10.11.6 SWOT Analysis

10.12 Meidensha (Japan)

10.12.1 Company Overview

10.12.2 Product /Services Offering

10.12.3 Financial Overview

10.12.4 Key Developments

10.12.5 Strategy

10.12.6 SWOT Analysis

10.13 Mersen India Pvt. Ltd. (India)

10.13.1 Company Overview

10.13.2 Product /Services Offering

10.13.3 Financial Overview

10.13.4 Key Developments

10.13.5 Strategy

10.13.6 SWOT Analysis


List of Tables

Table 1 Global Vacuum Circuit Breaker Market: By Region, 2020-2027

Table 2 North America Vacuum Circuit Breaker Market: By Country, 2020-2027

Table 3 Europe Vacuum Circuit Breaker Market: By Country, 2020-2027

Table 4 Asia Pacific Vacuum Circuit Breaker Market: By Country, 2020-2027

Table 5 RoW Vacuum Circuit Breaker Market: By Country, 2020-2027

Table 6 Global Vacuum Circuit Breaker Market by End-Use Market: By Regions, 2020-2027

Table 7 North America Vacuum Circuit Breaker Market by End-Use: By Country, 2020-2027

Table 8 Europe Vacuum Circuit Breaker Market by End-Use: By Country, 2020-2027

Table 9 Asia Pacific Vacuum Circuit Breaker Market by End-Use: By Country, 2020-2027

Table 10 RoW Vacuum Circuit Breaker Market by End-Use: By Country, 2020-2027

Table 11 Global Vacuum Circuit Breaker Market, by Type, By Regions, 2020-2027

Table 12 North America Vacuum Circuit Breaker Market, by Type, By Country, 2020-2027

Table 13 Europe Vacuum Circuit Breaker Market, by Type, By Country, 2020-2027

Table 14 Asia Pacific Vacuum Circuit Breaker Market, by Type, By Country, 2020-2027

Table 15 RoW Vacuum Circuit Breaker Market, by Type, By Country, 2020-2027

Table 16 Global Vacuum Circuit Breaker Market, by Voltage, By Regions, 2020-2027

Table 17 North America Vacuum Circuit Breaker Market, by Voltage, By Country, 2020-2027

Table 18 Europe Vacuum Circuit Breaker Market, by Voltage, By Country, 2020-2027

Table 19 Asia Pacific Vacuum Circuit Breaker Market, by Voltage, By Country, 2020-2027

Table 20 RoW Vacuum Circuit Breaker Market, by Voltage, By Country, 2020-2027

Table 21 Global Vacuum Circuit Breaker Market: By Region, 2020-2027

Table 22 Global Vacuum Circuit Breaker Market: By Region, 2020-2027

Table 23 Global Vacuum Circuit Breaker Market: By Region, 2020-2027

Table 24 North America Vacuum Circuit Breaker Market, By Country

Table 25 North America Vacuum Circuit Breaker Market, by End-Use

Table 26 North America Vacuum Circuit Breaker Market, By Type

Table 27 North America Vacuum Circuit Breaker Market, By Voltage

Table 28 Europe: Vacuum Circuit Breaker Market, By Country

Table 29 Europe: Vacuum Circuit Breaker Market, by End-Use

Table 30 Europe: Vacuum Circuit Breaker Market, By Type

Table 31 Europe: Vacuum Circuit Breaker Market, By Voltage

Table 32 Europe: Vacuum Circuit Breaker Market, By Voltage

Table 33 Asia Pacific: Vacuum Circuit Breaker Market, By Country

Table 34 Asia Pacific: Vacuum Circuit Breaker Market, by End-Use

Table 35 Asia Pacific: Vacuum Circuit Breaker Market, By Type

Table 36 Asia Pacific: Vacuum Circuit Breaker Market, By Voltage

Table 37 RoW: Vacuum Circuit Breaker Market, By Region

Table 38 RoW Vacuum Circuit Breaker Market, by End-Use

Table 39 RoW Vacuum Circuit Breaker Market, By Type

Table 40 RoW Vacuum Circuit Breaker Market, By Voltage

List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL VACUUM CIRCUIT BREAKER MARKETSHARE, BY END-USE, 2020 (%)

FIGURE 9 GLOBAL VACUUM CIRCUIT BREAKER MARKET, BY END-USE, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL VACUUM CIRCUIT BREAKER MARKETSHARE, BY TYPE, 2020 (%)

FIGURE 11 GLOBAL VACUUM CIRCUIT BREAKER MARKET, BY TYPE, 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL VACUUM CIRCUIT BREAKER MARKET SHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL VACUUM CIRCUIT BREAKER MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 14 NORTH AMERICA VACUUM CIRCUIT BREAKER MARKETSHARE (%), 2020

FIGURE 15 NORTH AMERICA VACUUM CIRCUIT BREAKER MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 16 EUROPE VACUUM CIRCUIT BREAKER MARKETSHARE (%), 2020

FIGURE 17 EUROPE VACUUM CIRCUIT BREAKER MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 18 ASIA PACIFIC VACUUM CIRCUIT BREAKER MARKETSHARE (%), 2020

FIGURE 19 ASIA PACIFIC VACUUM CIRCUIT BREAKER MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 20 REST OF THE WORLD VACUUM CIRCUIT BREAKER MARKETSHARE (%), 2020

FIGURE 21 REST OF THE WORLD VACUUM CIRCUIT BREAKER MARKETBY COUNTRY, 2020-2027 (USD MILLION)