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The Secret Weapon For 4.73 Billion Usd Worth Molded Case Circuit Breakers Market 2021: Trends And Hi

By Author: Akshay
Total Articles: 138

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.
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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 molded case circuit breakers market (drivers, restraints, opportunities, industry-specific challenges, winning imperatives, and burning issues related to the market)
To strategically analyze the molded case circuit breakers 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 molded case circuit breakers market.

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The report segments the molded case circuit breakers 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 0A–20A, 21A–75A, 76A–250A, 251A–800A, and above 800A. The segment ranging from 75A–250A 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 molded case circuit breakers market based on end-user segment into transmission & distribution, infrastructure (residential and commercial), manufacturing and process industry, transportation (railways), and others.
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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 molded case circuit breakers 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.
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