Circuit Breaker Market 2021: Challenges, Growth Drivers
Industry Insight A recent report by Market Research Future on the global circuit breaker market 2020 came up as an in-depth assessment of the current landscape. The study includes the latest coverage of the impact of COVID-19 on the circuit breaker industry and sheds growth potential that will expect at ~4.90% CAGR over the forecast period (2016-2023). Top Giant Players The giant players of global circuit breaker market are Schneider Electric (France), ABB (Switzerland), Mitsubishi (Japan), Siemens (Germany), Powell (U.S.), Toshiba (Japan), C.G. Power (India), T.E. Connectivity (Switzerland), Larsen & Toubro (India), Tavrida Electric (Switzerland), Fuji Electric (Japan), and more. Top Grossing Factors At present, the circuit breaker market witnesses compact circuit breakers requiring negligible maintenance as compared to previous technologies. Circuit breaker are preferable to control high, medium, and low-voltage transmission systems and offers various types such as High Volta