Global Electronic Circuit Breaker market will reach 9624.88 million US$ by the end of 2025
Published Date: 2019/6/17
The global revenue of Electronic Circuit Breaker market was valued at 6754.15 M USD in 2017 and is expected to reach USD 9624.88 M USD in 2025. In the future eight years, we predict the CAGR of global revenue is 4.53%.
China has the largest global export quantity and manufacturers in Electronic Circuit Breaker market, while the United States is the second sales volume market for Electronic Circuit Breaker in 2017.
In the industry, ABB Limited profits most in 2017 and recent years, while Schneider Electric and Eaton ranked 2 and 3.The market share of them is 12.53%, 8.69% and 6.74% in 2017.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are three mainly types of Electronic Circuit Breaker, including Low voltage circuit breaker, Medium voltage circuit breaker and High voltage circuit breaker. And Low voltage circuit breaker is the main type for Electronic Circuit Breaker, and the Low voltage circuit breaker reached a sales volume of approximately 515.83 M Unit in 2017, with 42.55% of global sales volume.
Electronic Circuit Breaker technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.
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