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DC Circuit Breaker Market: Current Analysis and Forecast (2021-2027)

Region:Global

Product Code:UMSE21307

Download Sample Report
Published On

July 2021

Total pages

128

About the Report

A DC circuit breaker is used in DC operating devices to protect operating electrical devices. DC circuit breakers are a comparatively new technology as compared to AC circuit breakers which have been used in homes since a long time. General AC circuit breakers are rated to interrupt above 6 kA. Some manufacturing companies provide dual-rated circuit breakers for both AC and DC from 48 VDC to 125 VDC. On the other hand, DC circuit breakers are used with 24 VDC to 48 VDC PLCs.

The internal operation of both AC and DC circuit breakers is very different. Both AC and DC breakers separate the internal contacts to protect the circuit during an overload. However, even after the contacts are pulled apart, an arc is formed and the current jumps across the gap created. The way the arc is extinguished is very different in both AC and DC breakers. Thus, only breakers labelled DC can be used in DC application.

The key drivers of the circuit breaker market include their usage in renewable energy technologies, in high precision industrial machines and welding and LED lighting. Renewable energy segment is gaining importance and is expected to become mainstream till the end of the century, this is also influencing the growth of the DC circuit breakers for electric protection. According to iea.org, the use of renewable energy increased 1.5% from Q1 2019 to Q1 2020 even during the pandemic lockdown. 3% increase in renewable energy is due to new wind and solar PV projects in the past year. Also, the sales of LED lighting (which needs DC circuits to operate) is increasing significantly. 2019 saw a milestone in LED lighting sales with the sale of over 10 billion units. As the LED costs continue to fall, iea.org estimates over 90% sales of LED lights by 2030.

Restraints in the growth of the DC circuit breaker industry is mainly due to the environment and safety regulations revolving around the SF6 circuit breaker. According to the Kyoto Protocol, SF6 is one of the potent greenhouse gases. It has a global warming potential of 23,000 and due to this is listed as an extremely harmful greenhouse gas. However, SF6 circuit breakers are the most efficient and this makes the manufacturing and procurement of raw materials like SF6 gas vary costly and non-environment friendly. Solutions for this include a good gas leakage detection system and finding of more sustainable alternatives to SF6.

Based on Type, the market is fragmented into Solid State DC Circuit breaker and Hybrid DC Circuit breaker. Solid State DC Circuit accounted for the largest share in 2020 and is anticipated to register a lucrative CAGR during the forecast period. High revenue of the solid-state DC circuit breaker market is due to the Increasing investments in transmission & distribution (T&D), especially in the Asia Pacific region. T&D investments are increasing significantly over the years. The global investment in the T&D sector was about USD 240 billion in 2019. Also, according to INMR estimates between 2020 and 2030 total investments will be about USD 3.5 trillion with a CAGR of 2%.

Based on Voltage, the market is fragmented into high voltage and medium voltage. The high voltage segment registered the highest CAGR during the forecast period. Circuit breaking is difficult in high voltage circuit breakers because the current flow is unidirectional and there is no zero current. High voltage direct currents can be more efficient than the popularly used AC circuits and thus gaining popularity over time. For example, a 40-mile HVDC submarine transmission through San Francisco Bay was more economically viable than an overhead line to bring 400 MW of power to San Francisco. This was built using Siemen's technology.

Based on Insulation, the market is fragmented into Vacuum and Gas. The Gas segment accounted for the largest share in 2020 is anticipated to register a lucrative CAGR during the forecast period owing to its higher efficiency. Gas circuit breakers mainly use SF6 gas and operate between 6-7 atmospheric pressures. A lower pressure reduces the dielectric strength of the gas. Due to its high dielectric strength and cooling effect, it is approximately 100 times more effective in arc quenching than air.

Based on Application, the market is fragmented into residential, industry, transport, and others. The industrial segment accounted for the largest share in 2020 and is anticipated to register a lucrative CAGR during the forecast period. The high revenue in the industrial sector was due to the increasing investments in industries globally and increasing manufacturing and production globally. According to the 2018, world investment report, Asia-Pacific received an inflow of USD 476 Billion from foreign direct investments (FDI) in 2017. Singapore and China were the major contributors. This increasing investments in the industrial sector is driving the growth DC circuit breaker usage in this sector.

Based on End-User, the market is fragmented into transmission and distribution utilities, power generation, renewables, and railways. Transmission and Distribution Utilities was the highest end-user of DC circuit breakers. Key reason for this is the market growth in this field which is indirectly influencing the DC circuit breaker market growth.

For a better understanding of the market adoption of DC Circuit Breaker Industry, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America will dominate the DC Circuit Breaker market on account of the usage in renewable energy technologies, in high precision industrial machines and welding and LED lighting.

Some of the major players operating in the market include Schneider Electric, ABB, Siemens, Eaton, Mitsubishi Electric, Legrand, Fuji Electric, CHINT Electrics, Alstom, and Rockwell automation. Several M&As along with partnerships have been undertaken by these players to boost their presence in different regions.

Scope of the Report

Products

A DC circuit breaker is used in DC operating devices to protect operating electrical devices.

Companies

Schneider Electric, ABB, Siemens, Eaton, Mitsubishi Electric, Legrand, Fuji Electric, CHINT Electrics, Alstom, and Rockwell automation

Table of Contents

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Objective of the Study

1.3. Limitation

1.4. Stake Holders

1.5. Currency Used in Report

1.6. Scope of the DC Circuit Breaker Market Study

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Methodology for the DC Circuit Breaker Market

2.1.1. Main Objective of the DC Circuit Breaker Market

3 INDUSTRY PERFORMANCE

4 EXECUTIVE SUMMARY

5 COVID-19 IMPACT

6 MARKET INSIGHTS BY TYPE

6.1. Solid-State DC Circuit Breaker

6.2. Hybrid DC Circuit Breaker

7 MARKET INSIGHTS BY VOLTAGE

7.1. Medium Voltage

7.2. High Voltage

8 MARKET INSIGHTS BY INSULATION

8.1. Vacuum

8.2. Gas

9 MARKET INSIGHTS BY APPLICATION

9.1. Residential

9.2. Industry

9.3. Transport

9.4. Others

10 MARKET INSIGHTS BY END-USER

10.1. Transmission & Distribution Utilities

10.2. Power Generation

10.3. Renewables

10.4. Railways

11 MARKET INSIGHTS BY REGION

11.1. NORTH AMERICA DC CIRCUIT BREAKER MARKET

11.1.1. United States

11.1.2. Canada

11.1.3. Rest of North America

11.2. EUROPE DC CIRCUIT BREAKER MARKET

11.2.1. United Kingdom

11.2.2. Germany

11.2.3. France

11.2.4. Spain

11.2.5. Italy

11.2.6. Rest of Europe

11.3. ASIA-PACIFIC DC CIRCUIT BREAKER MARKET

11.3.1. China

11.3.2. Japan

11.3.3. India

11.3.4. Australia

11.3.5. Rest of Asia-Pacific

11.4. REST OF THE WORLD DC CIRCUIT BREAKER MARKET

12 LEGAL AND REGULATORY FRAMEWORK

13 DEMAND AND SUPPLY SIDE ANALYSIS

13.1. Demand Side Analysis

13.2. Supply Side Analysis

13.2.1. Top Product Launches

13.2.2. Top Business Partnerships

13.2.3. Top Business Expansions, Investments and Divestitures

13.2.4. Top Merger and Acquisitions

14 VALUE CHAIN ANALYSIS

15 DC CIRCUIT BREAKER MARKET TRENDS & INSIGHTS

16 DC CIRCUIT BREAKER MARKET DYNAMICS

16.1. Drivers

16.2. Challenges

16.3. Impact Analysis

16.4. Opportunity

17 COMPETITIVE SCENARIO

17.1. DC Circuit Breaker Market Share, by Company 2020

18 COMPANY PROFILED

18.1. Schneider Electric

18.2. ABB

18.3. Siemens

18.4. Eaton

18.5. Mitsubishi Electric

18.6. Legrand

18.7. Fuji Electric

18.8. CHINT Electrics

18.9. Alstom

18.10. Rockwell Automation

19 DISCLAIMER

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Objective of the Study

1.3. Limitation

1.4. Stake Holders

1.5. Currency Used in Report

1.6. Scope of the DC Circuit Breaker Market Study

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Methodology for the DC Circuit Breaker Market

2.1.1. Main Objective of the DC Circuit Breaker Market

3 INDUSTRY PERFORMANCE

4 EXECUTIVE SUMMARY

5 COVID-19 IMPACT

6 MARKET INSIGHTS BY TYPE

6.1. Solid-State DC Circuit Breaker

6.2. Hybrid DC Circuit Breaker

7 MARKET INSIGHTS BY VOLTAGE

7.1. Medium Voltage

7.2. High Voltage

8 MARKET INSIGHTS BY INSULATION

8.1. Vacuum

8.2. Gas

9 MARKET INSIGHTS BY APPLICATION

9.1. Residential

9.2. Industry

9.3. Transport

9.4. Others

10 MARKET INSIGHTS BY END-USER

10.1. Transmission & Distribution Utilities

10.2. Power Generation

10.3. Renewables

10.4. Railways

11 MARKET INSIGHTS BY REGION

11.1. NORTH AMERICA DC CIRCUIT BREAKER MARKET

11.1.1. United States

11.1.2. Canada

11.1.3. Rest of North America

11.2. EUROPE DC CIRCUIT BREAKER MARKET

11.2.1. United Kingdom

11.2.2. Germany

11.2.3. France

11.2.4. Spain

11.2.5. Italy

11.2.6. Rest of Europe

11.3. ASIA-PACIFIC DC CIRCUIT BREAKER MARKET

11.3.1. China

11.3.2. Japan

11.3.3. India

11.3.4. Australia

11.3.5. Rest of Asia-Pacific

11.4. REST OF THE WORLD DC CIRCUIT BREAKER MARKET

12 LEGAL AND REGULATORY FRAMEWORK

13 DEMAND AND SUPPLY SIDE ANALYSIS

13.1. Demand Side Analysis

13.2. Supply Side Analysis

13.2.1. Top Product Launches

13.2.2. Top Business Partnerships

13.2.3. Top Business Expansions, Investments and Divestitures

13.2.4. Top Merger and Acquisitions

14 VALUE CHAIN ANALYSIS

15 DC CIRCUIT BREAKER MARKET TRENDS & INSIGHTS

16 DC CIRCUIT BREAKER MARKET DYNAMICS

16.1. Drivers

16.2. Challenges

16.3. Impact Analysis

16.4. Opportunity

17 COMPETITIVE SCENARIO

17.1. DC Circuit Breaker Market Share, by Company 2020

18 COMPANY PROFILED

18.1. Schneider Electric

18.2. ABB

18.3. Siemens

18.4. Eaton

18.5. Mitsubishi Electric

18.6. Legrand

18.7. Fuji Electric

18.8. CHINT Electrics

18.9. Alstom

18.10. Rockwell Automation

19 DISCLAIMER

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