The DC Circuit Breaker protects the electrical devices operating with the direct current. The developing countries such as China and India are investing heavily in upgrading existing electric networks and new electrification projects to meet the rising demand in these areas. Also developed countries in the North American regions are witnessing refurbishment and replacement of the infrastructure, thereby, creating a host of opportunities for the key manufacturers in these regions in the coming years.
The DC Circuit Breaker Market is anticipated to grow in the forecast period owing to driving factors such as increasing demand for reliable and secure power supply coupled with the expansion in transmission and distribution networks. Also, increasing investments in the generation of renewable power and growth of electrical network infrastructure is further expected to augment the market growth.
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However, high installation costs may hamper the growth of the DC circuit Breaker Market during the forecast period. On the other hand, new electrification projects and renovation of aging power infrastructure offer lucrative opportunities for the DC circuit breaker market and the key players involved.
Top Leading Market Players:
4.Fuji Electric Co., Ltd (Furukawa Group)
5.Larsen and Toubro Limited
6.Mitsubishi Electric Corporation
7.Rockwell Automation, Inc.
The global DC circuit breaker market is segmented on the basis of voltage, type, insulation, and end user. By voltage, the market is segmented as high, medium, and low. Based on type, the market is segmented as hybrid and solid-state. On the basis of the insulation, the market is segmented as vacuum and gas. The market on the basis of the end user is classified as renewables, railways, and power generation, transmission and distribution utilities.
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The DC Circuit Breaker Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
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, Research Newswire, English