The Europe Vacuum Circuit Breaker Market would witness market growth of 5.1% CAGR during the forecast period (2023-2030).
The electricity demand is predicted to increase dramatically as the population proceeds to grow and industrialization picks up speed. Furthermore, vacuum circuit breakers are essential for vacuum transmission and distribution systems, which are expected to increase demand for efficient and dependable systems.
To increase grid efficiency, dependability, and resilience, governments and utilities from around the region have engaged in smart grid initiatives. Due to their sophisticated switching capabilities, fault protection, and ability to effectively integrate renewable energy sources, these breakers play a crucial role in these projects. Solar & wind power must be integrated into the current grid infrastructure to meet the growing demand for renewable energy sources on a regional scale. Vacuum circuit breakers are crucial for securing and effectively incorporating renewable energy systems, promoting grid stability, and managing power flow.
In the EU's economy, the construction industry has been very significant. Buildings use up most of the final energy consumed across the EU. Additionally, renovations can increase a building's energy efficiency. To support small-scale energy projects like renovations, a new funding program under the European Fund for Strategic Investments was developed in 2015. It is anticipated that government initiatives, such as the European Electrical Grid Initiative, will hasten the development of electrical networks. Therefore, over the projection period, these factors are projected to support the expansion of the regional market.
The Germany market dominated the Europe Vacuum Circuit Breaker Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $79.3 Million by 2030. The UK market is anticipated to grow at a CAGR of 4.2% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 5.8% during (2023 - 2030).
Based on Voltage, the market is segmented into Medium Voltage, and High Voltage. Based on Industry, the market is segmented into Utilities, Industrial, Commercial, and Residential. Based on Installation Location, the market is segmented into Indoor, and Outdoor. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Vacuum Circuit Breaker Market is Projected to reach USD 1.3 Billion by 2030, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Ltd, Eaton Corporation PLC, Fuji Electric Co., Ltd., Legrand Group, Schneider Electric SE, Mitsubishi Electric Corporation, Siemens AG, General Electric Company, Toshiba Corporation (Toshiba Energy Systems & Solutions Corporation) and Arteche Lantegi Elkartea, S.A.
Scope of the Study
Market Segments Covered in the Report:
By Voltage
- Medium Voltage
- High Voltage
By Industry
- Utilities
- Industrial
- Commercial
- Residential
By Installation Location
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- ABB Ltd
- Eaton Corporation PLC
- Fuji Electric Co., Ltd.
- Legrand Group
- Schneider Electric SE
- Mitsubishi Electric Corporation
- Siemens AG
- General Electric Company
- Toshiba Corporation (Toshiba Energy Systems & Solutions Corporation)
- Arteche Lantegi Elkartea, S.A.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Vacuum Circuit Breaker Market, by Voltage
1.4.2 Europe Vacuum Circuit Breaker Market, by Industry
1.4.3 Europe Vacuum Circuit Breaker Market, by Installation Location
1.4.4 Europe Vacuum Circuit Breaker Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Acquisition and Mergers: 2019, Mar – 2022, Jul) Leading Players
Chapter 4. Europe Vacuum Circuit Breaker Market by Voltage
4.1 Europe Medium Voltage Market by Country
4.2 Europe High Voltage Market by Country
Chapter 5. Europe Vacuum Circuit Breaker Market by Industry
5.1 Europe Utilities Market by Country
5.2 Europe Industrial Market by Country
5.3 Europe Commercial Market by Country
5.4 Europe Residential Market by Country
Chapter 6. Europe Vacuum Circuit Breaker Market by Installation Location
6.1 Europe Indoor Market by Country
6.2 Europe Outdoor Market by Country
Chapter 7. Europe Vacuum Circuit Breaker Market by Country
7.1 Germany Vacuum Circuit Breaker Market
7.1.1 Germany Vacuum Circuit Breaker Market by Voltage
7.1.2 Germany Vacuum Circuit Breaker Market by Industry
7.1.3 Germany Vacuum Circuit Breaker Market by Installation Location
7.2 UK Vacuum Circuit Breaker Market
7.2.1 UK Vacuum Circuit Breaker Market by Voltage
7.2.2 UK Vacuum Circuit Breaker Market by Industry
7.2.3 UK Vacuum Circuit Breaker Market by Installation Location
7.3 France Vacuum Circuit Breaker Market
7.3.1 France Vacuum Circuit Breaker Market by Voltage
7.3.2 France Vacuum Circuit Breaker Market by Industry
7.3.3 France Vacuum Circuit Breaker Market by Installation Location
7.4 Russia Vacuum Circuit Breaker Market
7.4.1 Russia Vacuum Circuit Breaker Market by Voltage
7.4.2 Russia Vacuum Circuit Breaker Market by Industry
7.4.3 Russia Vacuum Circuit Breaker Market by Installation Location
7.5 Spain Vacuum Circuit Breaker Market
7.5.1 Spain Vacuum Circuit Breaker Market by Voltage
7.5.2 Spain Vacuum Circuit Breaker Market by Industry
7.5.3 Spain Vacuum Circuit Breaker Market by Installation Location
7.6 Italy Vacuum Circuit Breaker Market
7.6.1 Italy Vacuum Circuit Breaker Market by Voltage
7.6.2 Italy Vacuum Circuit Breaker Market by Industry
7.6.3 Italy Vacuum Circuit Breaker Market by Installation Location
7.7 Rest of Europe Vacuum Circuit Breaker Market
7.7.1 Rest of Europe Vacuum Circuit Breaker Market by Voltage
7.7.2 Rest of Europe Vacuum Circuit Breaker Market by Industry
7.7.3 Rest of Europe Vacuum Circuit Breaker Market by Installation Location
Chapter 8. Company Profiles
8.1 ABB Ltd
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Eaton Corporation PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.6 Swot Analysis
8.3 Fuji Electric Co. Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.4 Legrand Group
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.5 Schneider Electric SE
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisition and Mergers:
8.5.5.3 Geographical Expansions:
8.5.6 SWOT Analysis
8.6 Mitsubishi Electric Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.5.3 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Siemens AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.7.5.2 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 General Electric Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Toshiba Corporation (Toshiba Energy Systems & Solutions Corporation)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research and Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.10. Arteche Lantegi Elkartea, S.A.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
TABLE 1 Europe Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 2 Europe Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Vacuum Circuit Breaker Market
TABLE 4 Product Launches And Product Expansions– Vacuum Circuit Breaker Market
TABLE 5 Acquisition and Mergers– Vacuum Circuit Breaker Market
TABLE 6 Geographical Expansions – Vacuum Circuit Breaker Market
TABLE 7 Europe Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 8 Europe Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 9 Europe Medium Voltage Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Medium Voltage Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe High Voltage Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe High Voltage Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 14 Europe Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 15 Europe Utilities Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Utilities Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Industrial Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Industrial Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Commercial Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Commercial Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Residential Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Residential Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 24 Europe Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 25 Europe Indoor Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Indoor Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Outdoor Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Outdoor Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Vacuum Circuit Breaker Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Vacuum Circuit Breaker Market by Country, 2023 - 2030, USD Million
TABLE 31 Germany Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 32 Germany Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 33 Germany Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 34 Germany Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 35 Germany Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 36 Germany Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 37 Germany Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 38 Germany Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 39 UK Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 40 UK Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 41 UK Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 42 UK Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 43 UK Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 44 UK Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 45 UK Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 46 UK Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 47 France Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 48 France Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 49 France Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 50 France Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 51 France Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 52 France Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 53 France Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 54 France Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 55 Russia Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 56 Russia Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 57 Russia Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 58 Russia Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 59 Russia Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 60 Russia Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 61 Russia Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 62 Russia Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 63 Spain Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 64 Spain Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 65 Spain Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 66 Spain Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 67 Spain Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 68 Spain Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 69 Spain Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 70 Spain Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 71 Italy Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 72 Italy Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 73 Italy Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 74 Italy Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 75 Italy Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 76 Italy Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 77 Italy Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 78 Italy Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 79 Rest of Europe Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 80 Rest of Europe Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 81 Rest of Europe Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 82 Rest of Europe Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 83 Rest of Europe Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 84 Rest of Europe Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 85 Rest of Europe Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 86 Rest of Europe Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 87 Key Information – ABB Ltd
TABLE 88 key information – Eaton Corporation PLC
TABLE 89 Key Information – Fuji Electric Co., Ltd.
TABLE 90 key Information – Legrand Group
TABLE 91 Key information – Schneider Electric SE
TABLE 92 key information – Mitsubishi Electric Corporation
TABLE 93 Key Information – Siemens AG
TABLE 94 KEY INFORMATION – General Electric Company
TABLE 95 Key Information – Toshiba Corporation
TABLE 96 Key Information – Arteche Lantegi Elkartea, S.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Acquisition and Mergers: 2019, Mar – 2022, Jul) Leading Players
FIG 5 Europe Vacuum Circuit Breaker Market share by Voltage, 2022
FIG 6 Europe Vacuum Circuit Breaker Market share by Voltage, 2030
FIG 7 Europe Vacuum Circuit Breaker Market by Voltage, 2019 - 2030, USD Million
FIG 8 Europe Vacuum Circuit Breaker Market share by Industry, 2022
FIG 9 Europe Vacuum Circuit Breaker Market share by Industry, 2030
FIG 10 Europe Vacuum Circuit Breaker Market by Industry, 2019 - 2030, USD Million
FIG 11 Europe Vacuum Circuit Breaker Market share by Installation Location, 2022
FIG 12 Europe Vacuum Circuit Breaker Market share by Installation Location, 2030
FIG 13 Europe Vacuum Circuit Breaker Market by Installation Location, 2019 - 2030, USD Million
FIG 14 Europe Vacuum Circuit Breaker Market share by Country, 2022
FIG 15 Europe Vacuum Circuit Breaker Market share by Country, 2030
FIG 16 Europe Vacuum Circuit Breaker Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: ABB Group
FIG 18 Recent strategies and developments: Eaton Corporation PLC
FIG 19 SWOT Analysis: Eaton Corporation PLC
FIG 20 Recent strategies and developments: Schneider Electric SE
FIG 21 Swot analysis: Schneider Electric SE
FIG 22 Recent strategies and developments: Mitsubishi Electric Corporation
FIG 23 SWOT Analysis: Mitsubishi Electric Corporation
FIG 24 Recent strategies and developments: Siemens AG
FIG 25 Swot analysis: Siemens AG
FIG 26 Swot analysis: General electric (GE) Co.
FIG 27 SWOT Analysis: Toshiba Corporation