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Molded Case Circuit Breaker (MCCB) Market By Device Type (Molded Case Circuit Breakers (MCCB), Miniature Circuit Breakers (MCB)), By Current Rating (0-75 A, 76a-250a, 251a-1000a, More Than 1000a), By End-User(Transmission & Distribution, Industrial Manufacturing & Processing, Power Generation, Commercial, Residential, Transportation) - Growth, Future Prospects And Competitive Analysis 2017 – 2025

Circuit breakers are among the most crucial components of an overall electrical circuit system. These are essential in order to protect electronic devices and loads in the event of short circuits or overloads of electric current. A molded-case circuit breaker is defined as an electrical protection device that embodies the entire enclosure in a molded insulating material.

The biggest difference between an MCCB and a miniature circuit breaker (MCB) is the current rating supported by these devices. MCCB is typically used in electrical circuits with current ratings greater than 1,000 A (typically up to 2,500 A), whereas MCB is used in circuits with current ratings of up to 100 A. Thus, MCCBs are primarily used in industrial, power generation, transmission, and distribution applications requiring heavy protection capacity.

The most prominent factor fueling the market growth is consistently rising electricity consumption and production. Electricity consumption is expected to reach nearly 30,000 TWh by 2030, owing to rapid industrialization and a steadily increasing population. This would lead to constant growth across the electrical equipment industry in the following years. Thus, the overall MCCB market is set to witness robust growth worldwide during the forecast period.

The report titled "Global Molded Case Circuit Breaker (MCCB) Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global molded case circuit breakers market, along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of market segments based on device type, current rating, end-user, and cross-sectional study across different geographies and sub-geographical regions.

The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report includes a section providing insights into the key trends followed in the market.

The report also includes competitive profiling of the leading molded-case circuit breaker vendors, their business strategy analysis, market positioning, and key developments to assist strategic decision-makers. Some of the major players profiled in the report are ABB Ltd., Siemens AG, Alstom SA, Toshiba Corporation, Schneider Electric SE, and Mitsubishi Electric Corporation.

Apart from the company profiles, the report includes a section covering the competitive landscape, wherein the market positioning of the companies is discussed. The section also provides an overview of the key business strategies employed by the leading market participants.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the circuit breakers and electrical equipment industry
  • Comparative analysis for different segments for the years 2016 and 2025
  • Market fuelers, market impediments, and their impact on market growth
  • In-depth competitive environment analysis, including the positioning of market players and their business strategy analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global molded-case circuit breakers market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

On the basis of device type, the global molded-case circuit breaker (MCCB) market is segmented into the following categories:

  • Molded Case Circuit Breaker (MCCB)
  • Miniature Circuit Breaker (MCB)

As of 2016, the overall MCCB and MCB market was dominated by the MCCB segment. The segment contributed to more than sixty percent of the total market revenue generated worldwide in 2016. MCCB is a type of electrical protection device that is primarily used when the load current exceeds the capacity of MCBs. The most prominent difference between the MCCB and MCB is the high current rating capacity of MCCBs, ranging up to 2,500 A.

Thus, MCCBs are principally used in heavy applications such as industrial manufacturing and processing, power generation, transmission, and distribution, as well as some heavy commercial applications. However, with the strong trend of replacing traditional fuse wires with MCBs in residential applications, the segment would exhibit the highest growth during the forecast period.

Based on geography, the global molded-case circuit breakers (MCCB) market is segmented into the following regions and countries:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • South Asia
  • Rest of Asia Pacific
  • Rest of the World (RoW)
  • Middle East and Africa (MEA)
  • Latin America

As of 2016, the overall molded-case circuit breakers market worldwide is led by the Asia Pacific region. The region contributes more than forty percent of the total market revenue generated worldwide. The market here is backed primarily by countries such as China, Japan, India, South Korea, and others. Asia-Pacific has emerged as the world's largest consumer of electricity due to its massive industrial sector and population.

Due to improving electricity infrastructure across the region, the demand for related electrical equipment and devices is largely supported here. Asia Pacific would continue to dominate the market throughout the forecast period, owing to strong anticipated industrial and population growth in the region. 

Frequently Asked Question:

The market for Molded Case Circuit Breaker Market is expected to reach USD$ 10 Bn in 2025.

The Molded Case Circuit Breaker Market is expected to see significant CAGR growth over the coming years, at 5.4%.

A- The report is forecasted from 2017 -2025.

The base year of this report is 2016.

ABB Ltd.,Siemens AG,Schneider Electric SE.,General Electric Company,Toshiba Corporation. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  May 2017
Category:  Automation & Process Control
Report ID:   58460
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Delivery Time: 24 Hours to 48 Hours   
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