The Latin America, Middle East and Africa AC Circuit Breaker Market would witness market growth of 7.0% CAGR during the forecast period (2023-2030).
A strong and trustworthy transmission & distribution (T&D) network is now necessary due to the rising demand for energy. Continuous power can only be guaranteed by a system capable of absorbing sudden power surges and drops. According to the International Energy Agency (IEA), in Africa, some 600 million people are still without access to electricity, and millions rely more on gasoline and diesel generators as their main energy sources. The annual cost of fuel and equipment used for backup generation during frequent power outages in Nigeria alone is USD 14 billion. Demand for the whole value chain of power sector equipment is being created by recent rules to lessen/limit power outages and upgrade the deteriorating power networks in the region.
As electrical transmission networks continue to advance, one of the main drivers driving the market's growth is the increased need for AC circuit breakers. In addition, governments in various nations are taking steps to increase power-generating capacity and meet electricity needs. To cut down on energy waste and enhance safety protocols, they are also replacing outdated electric equipment with more current and technologically advanced technologies. Additionally, by replacing aging structures, special emphasis is being given to reducing carbon emissions.
In 2020, Brazil produced the most energy in Latin America, with 439.2 terawatt hours of electricity. The expansion of the market will be made possible owing to the region's increased power production. The Colombian government announced plans to extend the transmission line in the north of the nation in December 2022 so that up to 3,000 MW of renewable energy production capacity could be connected to the national grid. These energy-generating activities result from the increased electricity demand from the extensive usage of appliances in homes and the region's fast urbanization.
The Argentinean government also aims to increase the percentage of renewable energy sources it uses to meet its energy needs. The administration has set small-scale wind farms and biofuel projects as its top priority. Argentina has successfully held several solar, wind, small hydro, and biomass project auctions since 2016 in accordance with Resolution 136/2016. As a result, within the legal framework established by this resolution, 20% of the nation's energy requirements will be satisfied by renewable energy by 2025. In addition, as more regional governments invest in alternative energy sources, the demand will only increase. The market in the LAMEA region will consequently grow quickly.
The Brazil market dominated the LAMEA AC Circuit Breaker Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $97.9 million by 2030. The Argentina market is poised to grow at a CAGR of 7.6% during (2023 - 2030). Additionally, The UAE market would display a CAGR of 6.7% during (2023 - 2030).
Based on Insulation Type, the market is segmented into Gas, Vacuum, Air, and Oil. Based on Voltage, the market is segmented into High, Medium, and Very High. Based on Installation, the market is segmented into Outdoor and Indoor. Based on End User, the market is segmented into Transmission & Distribution Utilities, Power Generation, Industrial and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide AC Circuit Breaker Market is Projected to reach USD 5.7 Billion by 2030, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Ltd., Eaton Corporation PLC, Siemens AG, Schneider Electric SE, General Electric Company, Mitsubishi Electric Corporation, Rockwell Automation, Inc., Powell Industries, Inc., Toshiba Corporation, and Alstom SA.
Scope of the Study
Market Segments Covered in the Report:
By Insulation Type
By Voltage
By Installation
By End User
- Transmission & Distribution Utilities
- Power Generation
- Industrial
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ABB Ltd.
- Eaton Corporation PLC
- Siemens AG
- Schneider Electric SE
- General Electric Company
- Mitsubishi Electric Corporation
- Rockwell Automation, Inc.
- Powell Industries, Inc.
- Toshiba Corporation
- Alstom SA
TABLE 1 LAMEA AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 2 LAMEA AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– AC Circuit Breaker Market
TABLE 4 Product Launches And Product Expansions– AC Circuit Breaker Market
TABLE 5 Acquisition and Mergers– AC Circuit Breaker Market
TABLE 6 LAMEA AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 7 LAMEA AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 8 LAMEA Gas Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Gas Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Vacuum Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Vacuum Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Air Market by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Air Market by Country, 2023 - 2030, USD Million
TABLE 14 LAMEA Oil Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Oil Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 17 LAMEA AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 18 LAMEA High Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA High Market by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Medium Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Medium Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Very High Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Very High Market by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 25 LAMEA AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 26 LAMEA Outdoor Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Outdoor Market by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Indoor Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Indoor Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 31 LAMEA AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 32 LAMEA Transmission & Distribution Utilities Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Transmission & Distribution Utilities Market by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Power Generation Market by Country, 2019 - 2022, USD Million
TABLE 35 LAMEA Power Generation Market by Country, 2023 - 2030, USD Million
TABLE 36 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
TABLE 37 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
TABLE 38 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 39 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 40 LAMEA AC Circuit Breaker Market by Country, 2019 - 2022, USD Million
TABLE 41 LAMEA AC Circuit Breaker Market by Country, 2023 - 2030, USD Million
TABLE 42 Brazil AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 43 Brazil AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 44 Brazil AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 45 Brazil AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 46 Brazil AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 47 Brazil AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 48 Brazil AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 49 Brazil AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 50 Brazil AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 51 Brazil AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 52 Argentina AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 53 Argentina AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 54 Argentina AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 55 Argentina AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 56 Argentina AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 57 Argentina AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 58 Argentina AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 59 Argentina AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 60 Argentina AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 61 Argentina AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 62 UAE AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 63 UAE AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 64 UAE AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 65 UAE AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 66 UAE AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 67 UAE AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 68 UAE AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 69 UAE AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 70 UAE AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 71 UAE AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 72 Saudi Arabia AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 73 Saudi Arabia AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 74 Saudi Arabia AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 75 Saudi Arabia AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 76 Saudi Arabia AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 77 Saudi Arabia AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 78 Saudi Arabia AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 79 Saudi Arabia AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 80 Saudi Arabia AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 81 Saudi Arabia AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 82 South Africa AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 83 South Africa AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 84 South Africa AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 85 South Africa AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 86 South Africa AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 87 South Africa AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 88 South Africa AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 89 South Africa AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 90 South Africa AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 91 South Africa AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 92 Nigeria AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 93 Nigeria AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 94 Nigeria AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 95 Nigeria AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 96 Nigeria AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 97 Nigeria AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 98 Nigeria AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 99 Nigeria AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 100 Nigeria AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 101 Nigeria AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 102 Rest of LAMEA AC Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 103 Rest of LAMEA AC Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 104 Rest of LAMEA AC Circuit Breaker Market by Insulation Type, 2019 - 2022, USD Million
TABLE 105 Rest of LAMEA AC Circuit Breaker Market by Insulation Type, 2023 - 2030, USD Million
TABLE 106 Rest of LAMEA AC Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 107 Rest of LAMEA AC Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 108 Rest of LAMEA AC Circuit Breaker Market by Installation, 2019 - 2022, USD Million
TABLE 109 Rest of LAMEA AC Circuit Breaker Market by Installation, 2023 - 2030, USD Million
TABLE 110 Rest of LAMEA AC Circuit Breaker Market by End User, 2019 - 2022, USD Million
TABLE 111 Rest of LAMEA AC Circuit Breaker Market by End User, 2023 - 2030, USD Million
TABLE 112 Key Information – ABB Ltd.
TABLE 113 Key Information – Eaton Corporation PLC
TABLE 114 Key Information – Siemens AG
TABLE 115 Key Information – Schneider Electric SE
TABLE 116 Key Information – General Electric Company
TABLE 117 key Information – Mitsubishi Electric Corporation
TABLE 118 Key Information – Rockwell Automation, Inc.
TABLE 119 Key Information – Powell Industries, Inc.
TABLE 120 Key Information – Toshiba Corporation
TABLE 121 Key Information – aLSTOM SA
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA AC Circuit Breaker Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting AC Circuit Breaker Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Porter’s Five Forces Analysis - AC Circuit Breaker Market
FIG 8 LAMEA AC Circuit Breaker Market share by Insulation Type, 2022
FIG 9 LAMEA AC Circuit Breaker Market share by Insulation Type, 2030
FIG 10 LAMEA AC Circuit Breaker Market by Insulation Type, 2019 - 2030, USD Million
FIG 11 LAMEA AC Circuit Breaker Market share by Voltage, 2022
FIG 12 LAMEA AC Circuit Breaker Market share by Voltage, 2030
FIG 13 LAMEA AC Circuit Breaker Market by Voltage, 2019 - 2030, USD Million
FIG 14 LAMEA AC Circuit Breaker Market share by Installation, 2022
FIG 15 LAMEA AC Circuit Breaker Market share by Installation, 2030
FIG 16 LAMEA AC Circuit Breaker Market by Installation, 2019 - 2030, USD Million
FIG 17 LAMEA AC Circuit Breaker Market share by End User, 2022
FIG 18 LAMEA AC Circuit Breaker Market share by End User, 2030
FIG 19 LAMEA AC Circuit Breaker Market by End User, 2019 - 2030, USD Million
FIG 20 LAMEA AC Circuit Breaker Market share by Country, 2022
FIG 21 LAMEA AC Circuit Breaker Market share by Country, 2030
FIG 22 LAMEA AC Circuit Breaker Market by Country, 2019 - 2030, USD Million
FIG 23 SWOT Analysis: ABB Group
FIG 24 Recent strategies and developments: Eaton Corporation PLC
FIG 25 SWOT Analysis: Eaton Corporation PLC
FIG 26 Recent strategies and developments: Siemens AG
FIG 27 SWOT Analysis: Siemens AG
FIG 28 Recent strategies and developments: Schneider Electric SE
FIG 29 SWOT Analysis: Schneider Electric SE
FIG 30 SWOT Analysis: General electric (GE) Co.
FIG 31 SWOT Analysis: Mitsubishi Electric Corporation
FIG 32 SWOT Analysis: Rockwell Automation, Inc.
FIG 33 SWOT Analysis: Powell Industries, Inc.
FIG 34 SWOT Analysis: Toshiba Corporation
FIG 35 SWOT Analysis: Alstom SA