The North America AC Circuit Breaker Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030).
The growing use of various electrical appliances in homes to streamline tasks, such as mixers, blenders, freezers, washing machines, vacuum cleaners, and air purifiers, is assisting the market's expansion. Additionally, the increasing use of heavy machinery in many industries to boost output and effectively complete routine operations further bolsters the electricity demand. Additionally, the demand for the product is expanding as utilities and power plants increasingly install circuit breakers to operate grids safely and provide electricity to consumers.
Long chains of transmission lines, transformer-equipped substations, circuit breakers, fuses, cutouts, reclosers, sectionalizers, service transformers, feeder circuits, and service drops are all essential components of power systems. If the utility is to supply its clients with electricity, everything must run smoothly. In utilities, circuit breakers are necessary for the secure running of grids. Transformers and generators used in power-producing plants are protected by circuit breakers. A circuit breaker's job is to isolate the equipment from the grid after spotting the short-circuit fault in the power transmission system.
Mexico generated 281.57 Terawatt hours (TWh) of electricity in 2020. In the upcoming years, the country will need more energy from clean sources. An IRENA (International Renewable Energy Agency) study claims that Mexico has many potential resources and can attract substantial investments to expand its energy supply. Similarly, Canada's smart grid plan is a national program emphasizing natural resources. It discusses how the Pan-Canadian Framework's objectives for clean growth and climate change mitigation are created. Utility-led initiatives to reduce greenhouse gas emissions, more effectively utilize present electrical resources, and foster innovation have received more than $100 million in funding. These initiatives aim to guarantee the availability of power to support industry growth and urbanization. As a result, the region offers the market promising growth opportunities.
The US market dominated the North America AC Circuit Breaker Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,042.6 million by 2030. The Canada market is showcasing a CAGR of 7.4% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 6.4% during (2023 - 2030).
Based on Insulation Type, the market is segmented into Gas, Vacuum, Air, and Oil. Based on Voltage, the market is segmented into High, Medium, and Very High. Based on Installation, the market is segmented into Outdoor and Indoor. Based on End User, the market is segmented into Transmission & Distribution Utilities, Power Generation, Industrial and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide AC Circuit Breaker Market is Projected to reach USD 5.7 Billion by 2030, at a CAGR of 5.2%
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, Siemens AG, Schneider Electric SE, General Electric Company, Mitsubishi Electric Corporation, Rockwell Automation, Inc., Powell Industries, Inc., Toshiba Corporation, and Alstom SA.
Scope of the Study
Market Segments Covered in the Report:
By Insulation Type
By Voltage
By Installation
By End User
- Transmission & Distribution Utilities
- Power Generation
- Industrial
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- ABB Ltd.
- Eaton Corporation PLC
- Siemens AG
- Schneider Electric SE
- General Electric Company
- Mitsubishi Electric Corporation
- Rockwell Automation, Inc.
- Powell Industries, Inc.
- Toshiba Corporation
- Alstom SA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AC Circuit Breaker Market, by Insulation Type
1.4.2 North America AC Circuit Breaker Market, by Voltage
1.4.3 North America AC Circuit Breaker Market, by Installation
1.4.4 North America AC Circuit Breaker Market, by End User
1.4.5 North America AC Circuit Breaker Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.5 Porter’s Five Forces Analysis
Chapter 5. North America AC Circuit Breaker Market by Insulation Type
5.1 North America Gas Market by Country
5.2 North America Vacuum Market by Country
5.3 North America Air Market by Country
5.4 North America Oil Market by Country
Chapter 6. North America AC Circuit Breaker Market by Voltage
6.1 North America High Market by Country
6.2 North America Medium Market by Country
6.3 North America Very High Market by Country
Chapter 7. North America AC Circuit Breaker Market by Installation
7.1 North America Outdoor Market by Country
7.2 North America Indoor Market by Country
Chapter 8. North America AC Circuit Breaker Market by End User
8.1 North America Transmission & Distribution Utilities Market by Country
8.2 North America Power Generation Market by Country
8.3 North America Industrial Market by Country
8.4 North America Others Market by Country
Chapter 9. North America AC Circuit Breaker Market by Country
9.1 US AC Circuit Breaker Market
9.1.1 US AC Circuit Breaker Market by Insulation Type
9.1.2 US AC Circuit Breaker Market by Voltage
9.1.3 US AC Circuit Breaker Market by Installation
9.1.4 US AC Circuit Breaker Market by End User
9.2 Canada AC Circuit Breaker Market
9.2.1 Canada AC Circuit Breaker Market by Insulation Type
9.2.2 Canada AC Circuit Breaker Market by Voltage
9.2.3 Canada AC Circuit Breaker Market by Installation
9.2.4 Canada AC Circuit Breaker Market by End User
9.3 Mexico AC Circuit Breaker Market
9.3.1 Mexico AC Circuit Breaker Market by Insulation Type
9.3.2 Mexico AC Circuit Breaker Market by Voltage
9.3.3 Mexico AC Circuit Breaker Market by Installation
9.3.4 Mexico AC Circuit Breaker Market by End User
9.4 Rest of North America AC Circuit Breaker Market
9.4.1 Rest of North America AC Circuit Breaker Market by Insulation Type
9.4.2 Rest of North America AC Circuit Breaker Market by Voltage
9.4.3 Rest of North America AC Circuit Breaker Market by Installation
9.4.4 Rest of North America AC Circuit Breaker Market by End User
Chapter 10. Company Profiles
10.1 ABB Ltd.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 Eaton Corporation PLC
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Siemens AG
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.5.2 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Schneider Electric SE
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Product Launches and Product Expansions:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 General Electric Company
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Mitsubishi Electric Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 Rockwell Automation, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 SWOT Analysis
10.8 Powell Industries, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional Analysis
10.8.4 Research and Development Expense
10.8.5 SWOT Analysis
10.9 Toshiba Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research and Development Expense
10.9.5 SWOT Analysis
10.10. Alstom SA
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 SWOT Analysis
Chapter 11. Winning Imperatives for AC Circuit Breaker Market in North America
TABLE 1 North America AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 2 North America AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– AC Circuit Breaker Market
TABLE 4 Product Launches And Product Expansions– AC Circuit Breaker Market
TABLE 5 Acquisition and Mergers– AC Circuit Breaker Market
TABLE 6 North America AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 7 North America AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 8 North America Gas Market by Country, 2019 - 2022, USD Million
TABLE 9 North America Gas Market by Country, 2023 - 2030, USD Million
TABLE 10 North America Vacuum Market by Country, 2019 - 2022, USD Million
TABLE 11 North America Vacuum Market by Country, 2023 - 2030, USD Million
TABLE 12 North America Air Market by Country, 2019 - 2022, USD Million
TABLE 13 North America Air Market by Country, 2023 - 2030, USD Million
TABLE 14 North America Oil Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Oil Market by Country, 2023 - 2030, USD Million
TABLE 16 North America AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 17 North America AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 18 North America High Market by Country, 2019 - 2022, USD Million
TABLE 19 North America High Market by Country, 2023 - 2030, USD Million
TABLE 20 North America Medium Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Medium Market by Country, 2023 - 2030, USD Million
TABLE 22 North America Very High Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Very High Market by Country, 2023 - 2030, USD Million
TABLE 24 North America AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 25 North America AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 26 North America Outdoor Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Outdoor Market by Country, 2023 - 2030, USD Million
TABLE 28 North America Indoor Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Indoor Market by Country, 2023 - 2030, USD Million
TABLE 30 North America AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 31 North America AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 32 North America Transmission & Distribution Utilities Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Transmission & Distribution Utilities Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Power Generation Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Power Generation Market by Country, 2023 - 2030, USD Million
TABLE 36 North America Industrial Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Industrial Market by Country, 2023 - 2030, USD Million
TABLE 38 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 39 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 40 North America AC Circuit Breaker Market by Country, 2019 - 2022, USD Million
TABLE 41 North America AC Circuit Breaker Market by Country, 2023 - 2030, USD Million
TABLE 42 US AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 43 US AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 44 US AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 45 US AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 46 US AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 47 US AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 48 US AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 49 US AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 50 US AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 51 US AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 52 Canada AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 53 Canada AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 54 Canada AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 55 Canada AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 56 Canada AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 57 Canada AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 58 Canada AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 59 Canada AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 60 Canada AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 61 Canada AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 62 Mexico AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 63 Mexico AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 64 Mexico AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 65 Mexico AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 66 Mexico AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 67 Mexico AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 68 Mexico AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 69 Mexico AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 70 Mexico AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 71 Mexico AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 72 Rest of North America AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 73 Rest of North America AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 74 Rest of North America AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 75 Rest of North America AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 76 Rest of North America AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 77 Rest of North America AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 78 Rest of North America AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 79 Rest of North America AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 80 Rest of North America AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 81 Rest of North America AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 82 Key Information – ABB Ltd.
TABLE 83 Key Information – Eaton Corporation PLC
TABLE 84 Key Information – Siemens AG
TABLE 85 Key Information – Schneider Electric SE
TABLE 86 Key Information – General Electric Company
TABLE 87 key Information – Mitsubishi Electric Corporation
TABLE 88 Key Information – Rockwell Automation, Inc.
TABLE 89 Key Information – Powell Industries, Inc.
TABLE 90 Key Information – Toshiba Corporation
TABLE 91 Key Information – aLSTOM SA
List of Figures
FIG 1 Methodology for the research
FIG 2 North America AC Circuit Breaker Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting AC Circuit Breaker Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Porter’s Five Forces Analysis - AC Circuit Breaker Market
FIG 8 North America AC Circuit Breaker Market share by Insulation Type, 2022
FIG 9 North America AC Circuit Breaker Market share by Insulation Type, 2030
FIG 10 North America AC Circuit Breaker Market by Insulation Type, 2019 - 2030, USD Million
FIG 11 North America AC Circuit Breaker Market share by Voltage, 2022
FIG 12 North America AC Circuit Breaker Market share by Voltage, 2030
FIG 13 North America AC Circuit Breaker Market by Voltage, 2019 - 2030, USD Million
FIG 14 North America AC Circuit Breaker Market share by Installation, 2022
FIG 15 North America AC Circuit Breaker Market share by Installation, 2030
FIG 16 North America AC Circuit Breaker Market by Installation, 2019 - 2030, USD Million
FIG 17 North America AC Circuit Breaker Market share by End User, 2022
FIG 18 North America AC Circuit Breaker Market share by End User, 2030
FIG 19 North America AC Circuit Breaker Market by End User, 2019 - 2030, USD Million
FIG 20 North America AC Circuit Breaker Market share by Country, 2022
FIG 21 North America AC Circuit Breaker Market share by Country, 2030
FIG 22 North America AC Circuit Breaker Market by Country, 2019 - 2030, USD Million
FIG 23 SWOT Analysis: ABB Group
FIG 24 Recent strategies and developments: Eaton Corporation PLC
FIG 25 SWOT Analysis: Eaton Corporation PLC
FIG 26 Recent strategies and developments: Siemens AG
FIG 27 SWOT Analysis: Siemens AG
FIG 28 Recent strategies and developments: Schneider Electric SE
FIG 29 SWOT Analysis: Schneider Electric SE
FIG 30 SWOT Analysis: General electric (GE) Co.
FIG 31 SWOT Analysis: Mitsubishi Electric Corporation
FIG 32 SWOT Analysis: Rockwell Automation, Inc.
FIG 33 SWOT Analysis: Powell Industries, Inc.
FIG 34 SWOT Analysis: Toshiba Corporation
FIG 35 SWOT Analysis: Alstom SA