February 17, 2023/Industry News Global/ -- This new report from Stratview Research analyses the Circuit Breaker Market over the trend period from 2017 to 2020 and the forecast period from 2022 to 2028. The insights of the report shall enable informed decision-making and strategy formulation for the near future to capitalize on the opportunities.

Circuit Breaker Market Overview:

The Circuit Breaker Market was estimated at USD 6.04 Billion in 2021 and is likely to grow at a CAGR of 6.38% from 2022-2028 to reach USD 9.37 Billion in 2028.

What is Circuit Breaker?
The circuit breaker is a switching device used to integrate the abnormal or faulty current. It is a mechanical device that disturbs the flow of high-magnitude fault current along with performing the function of a switch.

Market Drivers

  • Increasing focus on operational safety,
  • Growing measures to integrate reliable and sustainable electrical infrastructure.

Key Players

Some of the key players in the market are-

  • ABB
  • Schneider Electric
  • Eaton
  • Mitsubishi
  • Toshiba
  • Siemens
  • Hitachi
  • Crompton Greaves
  • Powell Industries
  • Hubbell
  • Fuji Electric
  • Meidensha
  • TE Connectivity
  • BEL Fuse
  • L&T
  • Mersen S.A.

Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/1774/circuit-breaker-market.html#form

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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