Molded Case Circuit Breakers Market by Type (Molded Case and Miniature), Rated Current (0-20a, 21-75a, 76-250a, 251-800a, Above 800a), End-use (T&D, Manufacturing & Process, Infrastructure, Power Generation, Transportation) - Global Forecasts to 2021
[150 Pages Report] The global molded case circuit breakers market was valued at USD 6.52 Billion in 2015, and is expected to grow at a CAGR of 6.82% from 2016 to 2021. Increasing manufacturing and infrastructural activities in Southeast Asia, increasing rural electrification, growing urban energy conservation programs, increasing industrialization and demand from utilities, revival in construction activities in the developing countries like India and China led by various government initiatives will trigger the molded case circuit breakers market.
The years considered for the study are as follows:
- Base Year 2015
- Estimated Year 2016
- Projected Year 2021
- Forecast Period 2016 to 2021
2015 has been considered as the base year for company profiles. Whenever information was unavailable for the base year, the prior year has been considered.
Objectives of the Study
- To define, describe, and forecast the global molded case circuit breakers market by design type, end-user, rated current, and region
- To provide a detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, industry-specific challenges, winning imperatives, and burning issues related to the market)
- To strategically analyze the market with respect to individual growth trends, future prospects, and contribution of each segment to the market
- To analyze opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders
- To forecast the market size of segments with respect to six major regions (along with countries), namely, North America, Europe, Asia-Pacific, the Middle East, and Africa, and Latin America
- To strategically profile key players and comprehensively analyze their market shares and core competencies
- To analyze competitive developments such as contracts & agreements, mergers & acquisitions, new product developments, and expansions in the market.
Research Methodology
This research study involved the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global market. Primary sources are mainly industry experts from core and related industries, preferred suppliers, manufacturers, distributors, service providers, technology developers, standard and certification organizations of companies, and organizations related to all the segments of this industrys value chain. The points given below explain the research methodology.
- Study of annual revenue and market developments of major players providing MCB and MCCB
- Analysis of major applications of and demand for MCB and MCCB from end-users
- Assessment of future trends and growth of end-users
- Assessment of the market with respect to the current rating of each type of MCB and MCCB used for different applications
- Analysis of market trends in various regions/countries by studying the application of MCB and MCCB in the transmission & distribution, power generation, infrastructure (residential and commercial), manufacturing and process industry, and transportation
- Study of growth strategies related to MCB and MCCB by key players across different regions from 2012 to 2016.
- Finalization of overall market sizes by triangulating the supply-side data, which includes product developments, supply chain, and annual revenues of companies manufacturing MCB and MCCB across the globe
After arriving at the overall market size, the total market has been split into several segments(By Type, By Rated Current, By End-User and By Region) and subsegments. The figure given below illustrates the breakdown of primaries conducted during the research study on the basis of company type, designation, and region.
To know about the assumptions considered for the study, download the pdf brochure
Market Ecosystem:
The MCB and MCCB ecosystem comprises of power and automation technology companies such as ABB Ltd. (Switzerland), Schneider Electric (France), Fuji Electric Co., Ltd. (Japan), Legrand (France), Hitachi, Ltd. (Japan), Rockwell Automation, Inc. (U.S.), among others; industry and energy companies such as WEG (Brazil), Chint Group (China) among others; manufacturing and engineering companies such as Siemens AG (Germany), General Electric (U.S.), among others; power management companies such as Eaton Corporation Plc. (Ireland), Huayi Electric Co., Ltd. (China), Noark Electric (China) among others who integrate the MCB and MCCB and sell them to end users like manufacturing and process industries, infrastructure sector and so on to cater their unique business requirements.
Target Audience:
The target audience of this report includes:
- MCB & MCCB Manufacturing Companies
- State and National Regulatory Authorities
- Builders and Contractors
- Process and Manufacturing Plants
- Power Distribution Utilities
- Government and Industry Associations
- State- or Government-Owned Corporations
- Investment and Consulting Firms
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- Latest News, Updates & Trend analysis
- 0A-20A
- 21A-75A
- 76A-250A
- 251A-800A
- Above 800A
- MCB
- MCCB
- Transmission & Distribution
- Infrastructure (Residential and Commercial)
- Power Generation
- Manufacturing and Process Industries
- Transportation (Railways)
- Others
- North America
- Asia-Pacific
- Europe
- Middle East & Africa
- Latin America
By Rated Current
By Type
By End-User
By Region
Available Customizations:
With the given market data, MarketsandMarkets offers customizations as per the clients specific needs. The following customization options are available for this report:
Vendor Dive Matrix
Competitive Benchmarking of 25 players with respect to Product offering and Business strategy.
Regional Analysis
Further breakdown of region/country-specific analysis
Company Information
Detailed analysis and profiling of additional market players (Up to 5)
The global molded case circuit breakers market is projected to grow at a CAGR of 6.82% from 2016 to 2021, to reach a market size of USD 9.62 Billion by 2021. This growth is attributed to the increasing infrastructural activities including commercial buildings such as airports, hospitals, and railway stations, increasing rural electrification and growing urban energy conservation programs, and increasing industrialization and demand from utilities.
The report segments the market on the basis of type into MCB and MCCB. The MCCB segment is projected to dominate the MCB and MCCB market.
The molded case circuit breakers market has been segmented based on rated current ranging from 0A20A, 21A75A, 76A250A, 251A800A, and above 800A. The segment ranging from 75A250A accounted for the largest market share in 2015. These MCB and MCCB are being increasingly adopted due to their wide application in various industries for motor protection, lighting duties, etc.
The report segments the market based on end-user segment into transmission & distribution, infrastructure (residential and commercial), manufacturing and process industry, transportation (railways), and others. The T&D industry segment is expected to grow at the fastest rate during the forecast period. MCBs are applied mainly in residential buildings and to some extent in the panel distribution system. As far as MCCBs are concerned, they are applicable in the LT distribution panels in the commercial buildings. The growing T&D sector, especially in Asia-Pacific region will likely drive the overall molded case circuit breakers market during the forecast period.
In this report, the molded case circuit breakers market has been analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa. Asia-Pacific is expected to dominate the global market during the forecast period, owing to the extensive use of these devices in manufacturing industries as well as infrastructural activities.
The Asia-Pacific market is projected to grow at the highest CAGR from 2016 to 2021. The region is the largest market for the construction sector. The growth of the manufacturing sector, especially in Southeast Asian countries, coupled with an increase in power generation capacity in India, is expected to drive the molded case circuit breakers market in the region.
Increasing fragmentation in the manufacturing of MCB and MCCB could be a restraint of the market, leading to declining profits. Additionally, MCB and MCCB form an important part of the mining sector; its slowdown has hindered the growth of the market.
Leading players in the molded case circuit breakers market include Siemens AG (Germany), Schneider Electric (France), General Electric (U.S.), Eaton Corporation Plc. (Ireland), Rockwell Automation, Inc. (U.S.). New product development was the strategy most commonly adopted by the top players, constituting 44% of the total developments from 2012 to 2016. It was followed by contracts & agreements, expansions, and mergers & acquisitions.
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitation
1.6 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Key Data From Primary Sources
2.3.2 Key Industry Insights
2.4 Breakdown of Primaries
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach
2.5.2 Top-Down Approach
2.6 Market Breakdown & Data Triangulation
2.7 Research Assumptions
2.7.1 Assumptions
3 Executive Summary (Page No. - 25)
3.1 Introduction
3.1.1 Historical Backdrop
3.2 Current Scenario
3.3 Future Outlook
3.4 Conclusion
4 Premium Insights (Page No. - 30)
4.1 MCB and MCCB Market, By Type
4.2 Asia-Pacific Held the Largest Share in the MCB and MCCB Market in 2015
4.3 Asia-Pacific: the Fastest Growing Market for MCB and MCCB From 2016 to 2021
4.4 MCB and MCCB Market, By End-User Industry
5 Market Overview (Page No. - 33)
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Type
5.2.2 By Rated Current
5.2.3 By End-User
5.2.4 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Rural Electrification and Growing Urban Energy Conservation Programs
5.3.1.2 Shift Towards De-Centralized Power Distribution
5.3.1.3 Revival in Construction Activities (LED By Government Initiatives) Will Be A Positive Trigger for the MCB & MCCBs
5.3.1.4 Increasing Industrialization & Demand From Utilities
5.3.2 Restraints
5.3.2.1 Inconsistencies Such as Vulnerability to Heat, Slow Tripping
5.3.2.2 Uncertainty and Slow Pace of Reform for MCB and MCCB
5.3.3 Opportunities
5.3.3.1 High-Performance Polyamides
5.3.3.2 Global Mega Trends in Digitalization, Automation & Control, and Smart Cities
5.3.4 Challenges
5.3.4.1 Expensive as Compared to Fuse
5.4 Supply Chain Analysis
6 MCB and MCCB Market, By Type (Page No. - 42)
6.1 Introduction
6.2 Miniature Circuit Breaker (MCB)
6.3 Molded Case Circuit Breaker (MCCB)
7 MCB and MCCB Market, By End-User Industry (Page No. - 46)
7.1 Introduction
7.2 Transmission and Distribution
7.3 Manufacturing and Process Industry
7.4 Infrastructure (Residential and Commercial)
7.5 Power Generation
7.6 Transportation
7.7 Others
8 MCB and MCCB Market, By Rated Current (Page No. - 53)
8.1 Introduction
8.2 0A20A
8.3 21A75A
8.4 76A250A
8.5 251A800A
8.6 Above 800A
9 MCB and MCCB Market, By Region (Page No. - 59)
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 Russia
9.3.2 UK
9.3.3 Italy
9.3.4 Germany
9.3.5 Rest of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 South Korea
9.4.5 Rest of Asia-Pacific
9.5 Latin America
9.5.1 Mexico
9.5.2 Brazil
9.5.3 Argentina
9.5.4 Rest of Latin America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 Iran
9.6.3 UAE
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Competitive Landscape (Page No. - 95)
10.1 Overview
10.2 Competitive Situation & Trends
10.3 New Product Developments
10.4 Contracts & Agreements
10.5 Mergers & Acquisitions
10.6 Expansions
11 Company Profile (Page No. - 103)
(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
11.1 Introduction
11.2 ABB Ltd.
11.3 Weg
11.4 Siemens AG
11.5 Schneider Electric
11.6 General Electric
11.7 Eaton Corporation PLC.
11.8 Fuji Electric Co., Ltd.
11.9 Huayi Electric Co., Ltd.
11.10 Legrand
11.11 Hitachi, Ltd.
11.12 Rockwell Automation, Inc.
11.13 Havells India Ltd.
11.14 Chint Group
11.15 Noark Electric
*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View Might Not Be Captured in Case of Unlisted Companies.
12 Appendix (Page No. - 143)
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details
List of Tables (63 Tables)
Table 1 Top 10 Countries, Industrial GDP (%), 2015
Table 2 MCB and MCCB Market Size, By Type, 20142021 (USD Million)
Table 3 Molded Case Circuit Breakers Market Size, By Region, 20142021 (USD Million)
Table 4 MCCB Market Size, By Region, 20142021 (USD Million)
Table 5 Market Size, By End-User Industry, 20142021 (USD Million)
Table 6 Transmission & Distribution: MCB and MCCB Market Size, By Region, 20142021 (USD Million)
Table 7 Manufacturing and Process Industry: MCB and MCCB Market Size, By Region, 20142021 (USD Million)
Table 8 Infrastructure: MCB and MCCB Market Size, By Region, 20142021 (USD Million)
Table 9 Power Generation: MCB and MCCB Market Size, By Region, 20142021 (USD Million)
Table 10 Transportation: MCB and MCCB Market Size, By Region, 20142021 (USD Million)
Table 11 Others: MCB and MCCB Market Size, By Region, 20142021 (USD Million)
Table 12 Molded Case Circuit Breakers Market Size, By Rated Current, 20142021 (USD Million)
Table 13 0A20A: MCB and MCCB Market Size, By Region, 20142021 (USD Million)
Table 14 21A75A: MCB and Market Size, By Region, 20142021 (USD Million)
Table 15 76A250A: MCB and Market Size, By Region, 20142021 (USD Million)
Table 16 251A-800A: MCB and MCCB Market Size, By Region, 20142021 (USD Million)
Table 17 Above 800A: MCB and MCCB Market Size, By Region, 20142021 (USD Million)
Table 18 Molded Case Circuit Breakers Market Size, By Region, 20142021 (USD Million)
Table 19 North America: Molded Case Circuit Breakers Market Size, By Country, 20142021 (USD Million)
Table 20 North America: MCB and Market Size, By Rated Current, 20142021 (USD Million)
Table 21 North America: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 22 North America.: MCB and MCCB Market Size, By Type, 20142021 (USD Million)
Table 23 U.S.: MCB and Molded Case Circuit Breakers Market Size, By End-User, 20142021 (USD Million)
Table 24 Canada: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 25 Europe: Molded Case Circuit Breakers Market Size, By Country, 20142021 (USD Million)
Table 26 Europe: MCB and MCCB Market Size, By Rated Current, 20142021 (USD Million)
Table 27 Europe: MCB and Molded Case Circuit Breakers Market Size, By End-User, 20142021 (USD Million)
Table 28 Europe: MCB and MCCB Market Size, By Type, 20142021 (USD Million)
Table 29 Russia: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 30 UK: Molded Case Circuit Breakers Market Size, By End-User, 20142021 (USD Million)
Table 31 Italy.: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 32 Germany: MCB and Molded Case Circuit Breakers Market Size, By End-User, 20142021 (USD Million)
Table 33 Rest of Europe: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 34 Asia-Pacific: Molded Case Circuit Breakers Market Size, By Country, 20142021 (USD Million)
Table 35 Asia-Pacific: MCB and MCCB Market Size, By Rated Current, 20142021 (USD Million)
Table 36 Asia-Pacific: MCB and Molded Case Circuit Breakers Market Size, By End-User, 20142021 (USD Million)
Table 37 Asia-Pacific.: MCB and MCCB Market Size, By Type, 20142021 (USD Million)
Table 38 China: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 39 India: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 40 Japan: Molded Case Circuit Breakers Market Size, By End-User, 20142021 (USD Million)
Table 41 South Korea: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 42 Rest of Asia-Pacific: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 43 Latin America: MCB and Molded Case Circuit Breakers Market Size, By Country, 20142021 (USD Million)
Table 44 Latin America: MCB and MCCB Market Size, By Rated Current, 20142021 (USD Million)
Table 45 Latin America: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 46 Latin America.: MCB and Molded Case Circuit Breakers Market Size, By Type, 20142021 (USD Million)
Table 47 Mexico: Molded Case Circuit Breakers Market Size, By End-User, 20142021 (USD Million)
Table 48 Brazil: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 49 Argentina: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 50 Rest of Latin America: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 51 Middle East & Africa: Molded Case Circuit Breakers Market Size, By Region, 20142021 (USD Billion)
Table 52 Middle East & Africa: MCB and MCCB Market Size, By Rated Current, 20142021 (USD Million)
Table 53 Middle East & Africa: MCB and Molded Case Circuit Breakers Market Size, By End-User, 20142021 (USD Million)
Table 54 Middle East & Africa.: MCB and MCCB Market Size, By Type, 20142021 (USD Million)
Table 55 Saudi Arabia: Molded Case Circuit Breakers Market Size, By End-User, 20142021 (USD Million)
Table 56 Iran: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 57 UAE: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 58 South Africa: MCB and MCCB Market Size, By End-User, 20142021 (USD Million)
Table 59 Rest of Middle East & Africa: MCB and Molded Case Circuit Breakers Market Size, By End-User, 20142021 (USD Million)
Table 60 New Product Developments, 20152016
Table 61 Contracts & Agreements, 20152016
Table 62 Mergers & Acquisitions, 20132015
Table 63 Expansions, 20142016
List of Figures (53 Figures)
Figure 1 MCB and Molded Case Circuit Breakers Market Segmentation
Figure 2 Market: Research Design
Figure 3 Break Down of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Asia-Pacific Accounted for the Largest Share (By Value) in the MCB and MCCB Market in 2015
Figure 8 MCCB and MCB Market Size, By Type, 2016 & 2021 (USD Billion)
Figure 9 Asia-Pacific is Expected to Dominate the MCB and MCCB Market, From 2016 to 2021
Figure 10 Market Size, By End-User Industry, 20162021
Figure 11 Top Market Developments (20152016)
Figure 12 Attractive Market Opportunities for Molded Case Circuit Breakers Market
Figure 13 MCCB Market Segment is Expected to Grow at the Highest CAGR From 2016 to 2021
Figure 14 Asia-Pacific Accounted for the Largest Share in the Market, 2015
Figure 15 Asia-Pacific is Expected to Grow at Highest CAGR From 2016 to 2021
Figure 16 Transmission and Distribution is Expected to Account for the Largest Share in the Market, 2016-2021
Figure 17 MCB and MCCB: Market Segmentation
Figure 18 MCB Market, By Type
Figure 19 Market, By Rated Current
Figure 20 Market, By End-User
Figure 21 MCB and MCCB Market, By Region
Figure 22 Market Dynamics: MCB and MCCB Market
Figure 23 Rural Electrification Rate, By Key Countries, 2014
Figure 24 Supply Chain Analysis: MCB and MCCB Market
Figure 25 MCCB Market Segment is Expected to Dominate the Market With the Maximum Market Share During the Forecast Period
Figure 26 Transmission & Distribution Segment Accounted for the Largest Market Share in 2015
Figure 27 Market Size, By Rated Current , 2016 & 2021
Figure 28 Regional Snapshot: Growing Markets are Emerging as New Hotspots
Figure 29 MCB and MCCB Market Size, By Region, 2016-2021 (USD Million)
Figure 30 North America Market: Regional Snapshot
Figure 31 Asia-Pacific Market: Regional Snapshot
Figure 32 Companies Adopted New Product Developments as the Key Growth Strategy, 20122016
Figure 33 Market Share/Ranking Analysis, 2015
Figure 34 Market Evaluation Framework, 20122016
Figure 35 Battle for Market Share: New Product Development Was the Key Growth Strategy, 20122016
Figure 36 Regional Revenue Mix of Top 5 Companies
Figure 37 ABB Ltd.: Company Snapshot
Figure 38 ABB Ltd.: SWOT Analysis
Figure 39 Weg: Company Snapshot
Figure 40 Siemens AG: Company Snapshot
Figure 41 Siemens AG: SWOT Analysis
Figure 42 Schneider Electric: Company Snapshot
Figure 43 Schneider Electric: SWOT Analysis
Figure 44 General Electric: Company Snapshot
Figure 45 General Electric: SWOT Analysis
Figure 46 Eaton Corporation PLC.: Company Snapshot
Figure 47 Eaton Corporation PLC.: SWOT Analysis
Figure 48 Fuji Electric Co., Ltd. : Company Snapshot
Figure 49 Legrand: Company Snapshot
Figure 50 Hitachi, Ltd.: Company Snapshot
Figure 51 Rockwell Automation, Inc.: Company Snapshot
Figure 52 Rockwell Automation, Inc. : SWOT Analysis
Figure 53 Havells India Ltd.: Company Snapshot
Growth opportunities and latent adjacency in Molded Case Circuit Breakers Market