A circuit breaker is a device that, interposes an electric circuit to avert unwarranted current, caused by short circuit, typically resulting from overload. A vacuum circuit breaker (VCB) is a kind of circuit breaker where the arc quenching takes place in vacuum medium. In a vacuum circuit breaker, vacuum interrupters are used for breaking and making load and fault currents. A vacuum circuit breaker can be used frequently or at a place of multi breaking short circuit. Vacuum circuit breakers are widely used in utility sector, to reduce energy loses in power generation and transmission efficiently. These factors will be contributing for the growth of global vacuum circuit breaker market in forecast period.
Vacuum circuit breakers are classified based on their types as indoor VCB and outdoor VCB. The indoor VCB type is equipped in a switchgear placed under an infrastructure for safe transmission operations. Outdoor VCB is suitable for switching of arc furnace transformers up to 50 operations per day. Outdoor VCB is mostly used in current transformers and potential transformers at outdoor location.
Vacuum Circuit Breaker Market is expected to grow over the CAGR of around 6% during the period 2017 to 2023.
The key players of global vacuum circuit breaker market are
- ABB Group (Switzerland),
- Siemens Ltd. (Germany),
- General Electric Company (USA),
- Crompton Greaves Ltd. (India),
- Alstom SA. (France),
- Schneider Electric (France),
- Mitsubishi Electric Corporation (Japan),
- L&T Electrical & Automation (India),
- Kirloskar Electric Company Ltd. (India)
- Eaton Corporation PLC (Ireland).
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Indoor Vacuum Circuit Breaker market is expected to grow at the highest rate.
Indoor vacuum circuit breakers are expected to hold a larger market size as compared to outdoor vacuum circuit breakers. This is due to their wide and diverse application in power plants and primary transformer substations that are fed from high-voltage grid, as well as in secondary, transformer or transfer substations, where the power is transformed down from medium to low voltage and distributed to the end consumer. Also, the growing concern to ensure reliable and safe voltage power distribution at all times and long service life with superior cost-efficiency of indoor vacuum circuit breaker are expected to boost the indoor vacuum circuit breaker market.
Scope of the Report
- Indoor VCB
- Outdoor VCB
- Building & Construction Industry
- Chemicals & Petrochemicals Industry
- Foods & Beverages Industry
- Metals & Mining Industry
- Other Industries
- North America
- Asia Pacific
Rest of the World
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Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Vacuum Circuit Breaker Market, By Type
4.2 Indoor VCB
4.3 Outdoor VCB
5 Global Vacuum Circuit Breaker Market, By End-User
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