DC Circuit Breaker Market by Voltage (Medium Voltage and High Voltage), Type (Solid-State and Hybrid), Insulation (Vacuum and Gas), End-User (T&D utilities, Power generation, Renewables, and Railways) and Region - Global Forecast to 2024

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Date: 10-May-2019
No. of pages: 151
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“The DC circuit breaker market is projected to grow at a CAGR of 6.54%, from 2019 to 2024.”

The DC circuit breaker market is projected to reach USD 3.2 billion by 2024, from an estimated USD 2.3 billion in 2019 at a CAGR of 6.54%. This growth can be attributed to the increasing demand for reliable and secure power supply worldwide and increasing government investments in electrification projects and growing adoption of renewable resources. However, governmental laws and regulations and high installation and maintenance cost of the DC circuit breaker can hinder the growth of the market.

“The medium voltage segment is expected to be the fastest growing market in the DC circuit breaker from 2019 to 2024.”

The medium voltage segment is estimated to be the fastest growing segment during the forecast period. The medium voltage DC circuit breaker finds applications in industrial power and distribution, renewables, utilities, and transportation to protect and control the power transmission network. Growing demand for transmission and distribution infrastructure because of the rising need for energy in developing countries including India, China, and African countries and efforts to tap more renewable sources of energy growing demand is expected to drive the medium voltage DC circuit breaker market during the forecast period.

“Solid-State: The fastest growing market for DC circuit breaker.”

The solid-state segment, by type, is estimated to be the fastest growing segment during the forecast period.  The increasing number of electrification projects in power plants and high demand from process industries such as utilities, renewables, and transportation would drive the solid-state segment of the DC circuit breaker market. Implementation of higher number of Medium Voltage Direct Current (MVDC) projects globally is expected to boost the solid-state DC circuit breaker market.

“Asia Pacific: The fastest growing market for DC circuit breaker market.”

The Asia Pacific is estimated to be the fastest growing market for DC circuit breakers in 2024 and is projected to grow at the highest CAGR during the forecast period. The increasing power generation capacity, focus on renewables, and plans to increase the electrification rate are expected to drive the DC circuit breaker market in the region. China and India are heavily investing in T&D infrastructure to meet the growing demand for electricity. North America is the second most lucrative market for DC circuit breaker as replacement and refurbishment of the existing infrastructure is the major requirement in the local T&D scenario. Meanwhile, Europe is another major market for DC circuit breakers, since the concept of smart grid technologies is gaining momentum particularly among the European Union (EU). A renewed focus on renewable sources of energy is being developed in countries such as Germany and the UK. These upcoming power generation sources are expected to push the growth of new T&D lines, which in turn would increase the requirements for DC circuit breaker.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:


  • By Company Type: Tier 1–55%, Tier 2–25%, and Tier 3–20%

  • By Designation: C-Level- 35%, D-Level30%, and Others-35%

  • By Region: North America-15%, Europe-20%, Asia Pacific- 30%, the Middle East& Africa- 25%, and South America-10%


Note: Others includes product engineers and product specialists.

Note: The tiers of the companies are defined on the basis of their total revenues as of 2017. Tier 1:>USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:< USD 500 million

The leading players in the DC circuit breaker market include ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Toshiba (Japan), Larsen & Toubro (India), Mitsubishi (Japan), Powell (US), Rockwell Automation (US), Fuji Electric (Japan), CG Power (India), ENTEC Electric & Electronic (South Korea), and BRUSH Group (UK).

Research Coverage:

The report defines, describes, and forecasts the global DC circuit breaker market by voltage, type, insulation, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the DC circuit breaker market.

Why Buy this Report?


  • The report identifies and addresses key markets for DC circuit breaker, which would help manufacturers review the growth in demand.

  • The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.

  • The report will help key players understand the strategies of their competitors better and will help them in making strategic decisions.

DC Circuit Breaker Market by Voltage (Medium Voltage and High Voltage), Type (Solid-State and Hybrid), Insulation (Vacuum and Gas), End-User (T&D utilities, Power generation, Renewables, and Railways) and Region - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Limitation
1.7 Stakeholders

2 Research Methodology
2.1 Market Size Estimation
2.1.1 Demand-Side Analysis
2.1.1.1 Assumptions
2.1.2 Supply-Side Analysis
2.1.2.1 Assumptions
2.1.2.2 Calculation
2.1.3 Forecast
2.2 Some of the Insights of Industry Experts

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the DC Circuit Breaker Market
4.2 DC Circuit Breaker Market, By Region
4.3 DC Circuit Breaker Market, By Voltage
4.4 DC Circuit Breaker Market, By Insulation
4.5 DC Circuit Breaker Market, By Type
4.6 DC Circuit Breaker Market, By End-User

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Investments in the Electrical Network Infrastructure
5.2.1.2 Growth in Renewable Power Generation
5.2.1.3 Increasing Demand for Reliable and Secure Power Supply Worldwide
5.2.2 Restraints
5.2.2.1 High Cost of Installation
5.2.3 Opportunities
5.2.3.1 Adoption of the HVDC Technology
5.2.3.2 Aging Power Infrastructure and Rising Electrification Projects
5.2.4 Challenges
5.2.4.1 Cybersecurity Issues

6 DC Circuit Breaker Market, By Voltage
6.1 Introduction
6.2 Medium Voltage
6.2.1 Increasing Number of Renewable Integreation Projects and Growing Infrastructure Developments are Expected to Drive the Medium Voltage DC Circuit Breaker Market
6.3 High Voltage
6.3.1 Increasing Investments in Power Transmission and Locomotives and Rising Demand for Stable Electricity Supply are Expected to Drive the Market During the Forecast Period

7 DC Circuit Breaker Market, By Type
7.1 Introduction
7.2 Solid-State
7.2.1 Increasing Focus to Provide Efficient & Reliable Power is Driving the Demand for Solid-State DC Circuit Breakers
7.3 Hybrid
7.3.1 Growth of HVDC Transmission & Distribution Networks is Expected to Drive the Demand for Hybrid DC Circuit Breakers

8 DC Circuit Breaker Market, By Insulation
8.1 Introduction
8.2 Vacuum
8.2.1 High Insulating Strength, Suitability for Repeated Operations, & Low Maintenance Cost are Expected to Drive the Vacuum DC Circuit Breaker Market 47
8.3 Gas
8.3.1 Physical & Chemical Properties of Sf6 Gas, Compact Design, & Adaption to Atmospheric Conditions are Expected to Drive the Market During the Forecast Period

9 DC Circuit Breaker Market, By End-User
9.1 Introduction
9.2 Transmission and Distribution Utilities
9.2.1 Increase in Investments in T&D Infrastructure is Expected to Drive the Market
9.3 Power Generation
9.3.1 Rising Need of Uninterrupted & Reliable Power is Expected to Drive the Market
9.4 Renewables
9.4.1 Increasing Adoption Rate of Renewables is Expected to Drive the Market
9.5 Railways
9.5.1 Rising Investment in Railways is Expected to Drive the Market

10 DC Circuit Breaker Market, By Region
10.1 Introduction
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Rise in Installation of HVDC Projects is Expected to Drive  the Market
10.2.2 India
10.2.2.1 Increasing Investments in the Utilities, Transportation Along With Urban & Rural Infrastructure Development is Driving the Market
10.2.3 Japan
10.2.3.1 Rising Investments in Electric Vehicles, Smart Cities is Driving the Market
10.2.4 South Korea
10.2.4.1 Increasing Focus on Renewable Energy Generation and Reducing Carbon Footprint is Major Drive for DC Circuit Breaker Market
10.2.5 Rest of Asia Pacific
10.3 North America
10.3.1 US
10.3.1.1 Replacement of Existing and Aging Grid, Modernization of Grids Drives DC Circuit Breaker Market
10.3.2 Canada
10.3.2.1 Medium Voltage Segment Dominated the Canadian DC Circuit Breaker Market
10.3.3 Mexico
10.3.3.1 Government Initiatives to Reduce T&D Losses, and Investment in Smart Grid Technologies is Expected to Drive the Market
10.4 Europe
10.4.1 Russia
10.4.1.1 Growing Industrial Sector & Increasing Investments in Energy Projects is Driving the Market
10.4.2 UK
10.4.2.1 Increasing Investments in Smart Grid and Rising Demand for Renewable Power Generation are Likely to Drive the Market
10.4.3 Germany
10.4.3.1 Strong Investment in Renewable and Electrical Network is Expected to Drive the Market
10.4.4 Italy
10.4.4.1 Medium Voltage Segment Dominated the DC Circuit Breaker Market
10.4.5 France
10.4.5.1 Refurbishment of Existing Electrical Grid is Driving the Market
10.4.6 Rest of Europe
10.5 South America
10.5.1 Brazil
10.5.1.1 Rising Investments in T&D Infrastructure Development is Driving the Market
10.5.2 Argentina
10.5.2.1 Investment in Infrastructure and Energy Efficiency Projects is Driving the Market
10.5.3 Chile
10.5.3.1 Medium Voltage Dominated the DC Circuit Breaker Market
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 UAE
10.6.1.1 Investment in Smart Grid Infrastructure and Rising Demand for Electricity are Driving the Market
10.6.2 Saudi Arabia
10.6.2.1 Expansion of T&D Lines is Expected to Drive the Market
10.6.3 South Africa
10.6.3.1 Increasing Focus on the Refurbishing Existing Electrical Grid is Expected to Boost the Demand for DC Circuit Breaker Market
10.6.4 Rest of the Middle East & Africa

11 Competitive Landscape
11.1 Overview
11.2 Ranking of Players and Industry Concentration, 2018
11.3 Competitive Landscape Mapping, 2018
11.3.1 Visionary Leaders
11.3.2 Innovators
11.3.3 Dynamic Differentiators
11.3.4 Emerging Companies
11.4 Competitive Scenario
11.4.1 Contracts & Agreements
11.4.2 Investments & Expansions
11.4.3 Mergers & Acquisitions
11.4.4 Others

12 Company Profile
(Business Overview, Products Offered, Recent Developments, MnM View)*
12.1 ABB
12.2 Mitsubishi Electric Corporation
12.3 Larsen & Toubro
12.4 Rockwell Automation
12.5 Entec Electric & Electronic
12.6 Toshiba
12.7 Cg Power and Industrial Solutons Limited
12.8 Eaton
12.9 Fuji Electric
12.10 Powell Industries
12.11 Siemens Ag
12.12 Brush Group
*Details on Business Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables

Table 1 Product Shipments Value , Installed Capacity of Key End-User Industries, and T&D Investments are the Determining Factors for the Global DC Circuit Breaker Market
Table 2 Global DC Circuit Breaker Market Snapshot
Table 3 Electricity Neworks Investment By Region, 2017 (USD Billion)
Table 4 Global T&D Infrastructure Expansion Plans
Table 5 DC Circuit Breaker Market Size, By Voltage, 2019–2024 (USD Million)
Table 6 Medium Voltage: DC Circuit Breaker Market Size, By Region, 2019–2024 (USD Million)
Table 7 High Voltage: DC Circuit Breaker Market Size, By Region, 2019–2024 (USD Million)
Table 8 DC Circuit Breaker Market Size, By Type, 2017–2024 (USD Million)
Table 9 Solid-State: DC Circuit Breaker Market Size, By Region, 2017–2024 (USD Million)
Table 10 Hybrid: DC Circuit Breaker Market Size, By Region, 2017–2024 (USD Million)
Table 11 DC Circuit Breaker Market Size, By Insulation, 2017–2024 (USD Million)
Table 12 Vacuum: DC Circuit Breaker Market Size, By Region, 2019–2024 (USD Million)
Table 13 Gas: DC Circuit Breaker Market Size, By Region, 2017–2024 (USD Million)
Table 14 DC Circuit Breaker Market, By End-User, 2017–2024 (USD Million)
Table 15 Transmission and Distribution Utilities: DC Circuit Breaker Market Size, By Region, 2017–2024 (USD Million)
Table 16 Power Generation: DC Circuit Breaker Market Size, By Region, 2017–2024 (USD Million)
Table 17 Renewables: DC Circuit Breaker Market Size, By Region, 2017–2024 (USD Million)
Table 18 Railways: DC Circuit Breaker Market Size, By Region, 2017–2024 (USD Million)
Table 19 DC Circuit Breaker Market Size, By Region, 2017–2024 (USD Million)
Table 20 Asia Pacific: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million
Table 21 Asia Pacific: DC Circuit Breaker Market Size, By Insulation, 2017–2024 (USD Million)
Table 22 Asia Pacific: DC Circuit Breaker Market Size, By Type, 2017–2024 (USD Million)
Table 23 Asia Pacific: DC Circuit Breaker Market Size, By End-User, 2017–2024 (USD Million)
Table 24 Asia Pacific: DC Circuit Breaker Market Size, By Country, 2017–2024 (USD Million)
Table 25 China: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 26 India: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 27 Japan: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 28 South Korea: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 29 Rest of Asia Pacific: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 30 North America: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 31 North America: DC Circuit Breaker Market Size, By Insulation, 2017–2024 (USD Million)
Table 32 North America: DC Circuit Breaker Market Size, By Type, 2017–2024 (USD Million)
Table 33 North America: DC Circuit Breaker Market Size, By End-User, 2017–2024 (USD Million)
Table 34 North America: DC Circuit Breaker Market Size, By Country, 2017–2024 (USD Million)
Table 35 US: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 36 Canada: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 37 Mexico: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 38 Europe: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 39 Europe: DC Circuit Breaker Market Size, By Insulation, 2017–2024 (USD Million)
Table 40 Europe: DC Circuit Breaker Market Size, By Type, 2017–2024 (USD Million)
Table 41 Europe: DC Circuit Breaker Market Size, By End-User, 2017–2024 (USD Million)
Table 42 Europe: DC Circuit Breaker Market Size, By Country, 2017–2024 (USD Million)
Table 43 Russia: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 44 UK: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 45 Germany: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 46 Italy: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 47 France: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 48 Rest of Europe: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 49 South America: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 50 South America: DC Circuit Breaker Market Size, By Insulation, 2017–2024 (USD Million)
Table 51 South America: DC Circuit Breaker Market Size, By Type, 2017–2024 (USD Million)
Table 52 South America: DC Circuit Breaker Market Size, By End-User, 2017–2024 (USD Million)
Table 53 South America: DC Circuit Breaker Market Size, By Country, 2017–2024 (USD Million)
Table 54 Brazil: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 55 Argentina: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 56 Chile: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 57 Rest of South America: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 58 Middle East & Africa: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 59 Middle East & Africa: DC Circuit Breaker Market Size, By Insulation, 2017–2024 (USD Million)
Table 60 Middle East & Africa: DC Circuit Breaker Market Size, By Type, 2017–2024 (USD Million)
Table 61 Middle East & Africa: DC Circuit Breaker Market Size, By End-User, 2017–2024 (USD Million)
Table 62 Middle East & Africa: DC Circuit Breaker Market Size, By Country, 2017–2024 (USD Million)
Table 63 UAE: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 64 Saudi Arabia: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 65 South Africa: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 66 Rest of Middle East & Africa: DC Circuit Breaker Market Size, By Voltage, 2017–2024 (USD Million)
Table 67 Larsen & Toubro, Most Active Player in the Market Between 2016 and 2019

List of Figures

Figure 1 DC Circuit Breaker Market
Figure 2 Asia Pacific Dominated the DC Circuit Breaker Market in 2018
Figure 3 Gas Segment is Expected to Grow at the Highest Cagr During the Forecast Period
Figure 4 Medium Voltage Segment is Expected to Lead the DC Circuit Breaker Market During the Forecast Period
Figure 5 Solid-State Segment is Expected to Lead the DC Circuit Breaker Market During the Forecast Period
Figure 6 Increasing Investments in the Electrical Network Infrastructure is Expected to Drive the DC Circuit Breaker Market
Figure 7 Asia Pacific is Expected to Grow at the Highest Cagr During the Forecast Period
Figure 8 Medium Voltage Segment Dominated the DC Circuit Breaker Market in 2018
Figure 9 Vacuum Segment is Expected to Dominate the DC Circuit Breaker Market, By Insulation, During the Forecast Period
Figure 10 Solid-State Segment Dominated the DC Circuit Breaker Market, By Type, in 2018
Figure 11 Transmission and Distribution Utilities Segment Dominated the DC Circuit Breaker Market, By End-User, in 2018
Figure 12 DC Circuit Breaker System Market: Drivers, Restraints, Opportunities, and Challenges
Figure 13 DC Rerrenewable Energy Generation (Twh) Cirrenewable Energy Generationcuit Breaker System Market
Figure 14 DC Circuit Breaker Market, By Voltage, 2019–2024 (USD Million)
Figure 15 DC Circuit Breaker Market, By Type, 2019–2024 (USD Million)
Figure 16 DC Circuit Breaker Market, By Insulation, 2019–2024 (USD Million)
Figure 17 DC Circuit Breaker Market, By End-User, 2019–2024 (USD Million)
Figure 18 Regional Snapshot: Asia Pacific DC Circuit Breaker Market is Expected to Grow at the Highest Cagr During the Forecast Period
Figure 19 Asia Pacific: Regional Snapshot
Figure 20 North America: Regional Snapshot
Figure 21 Key Developments in the DC Circuit Breaker Market, 2016–2019
Figure 22 ABB Led the DC Circuit Breaker Market in 2018
Figure 23 DC Circuit Breaker Market (Global) Competitive Landscape Mapping, 2018
Figure 24 ABB: Company Snapshot
Figure 25 Mitsubishi Electric Corporation: Company Snapshot
Figure 26 Larsen & Toubro: Company Snapshot
Figure 27 Rockwell Automation: Company Snapshot
Figure 28 Toshiba: Company Snapshot
Figure 29 CG Power and Industrial Solutions Limited: Company Snapshot
Figure 30 Eaton: Company Snapshot
Figure 31 Fuji Electric: Company Snapshot
Figure 32 Powell Industries: Company Snapshot
Figure 33 Siemens AG: Company Snapshot

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