The Latin America, Middle East and Africa Circuit Breakers Market would witness market growth of 7.3% CAGR during the forecast period (2022-2028).
A circuit breaker refers to an electrical safety device that protects the electrical system against excessive current surges and short circuits. Circuit breakers control and protect the electrical power system both automatically and manually. Additionally, circuit breakers safeguard electric appliances against short circuits and current overload. Circuit breakers are also cost-effective and provide reliable electric circuit operation. With growing concern for safety in the media transmission hardware, car, electrical, and electronic sectors, the need for circuit breakers has expanded dramatically.
Furthermore, the construction market is constantly expanding, which includes both commercial and residential structures. A vast number of electrical equipment, such as linked appliances, attractive lighting, air-conditioning facilities, security appliances, and so on, are found in modern infrastructures. Additionally, expanding adoption of circuit breakers and fuses in the automotive industry, as well as rising energy consumption, are expected to drive demand for these machines even higher over the forecast period.
Africa has the greatest potential for commercial expansion. Oil and gas sites in the Middle East are equipped with direct high-voltage supply lines that utilize an electrical switch. High-voltage cables are used to connect offshore wind-producing units to the mainland grid around the world. As a result, rising industrial investment and increased urbanization would play a key role in the regional market.
Circuit breakers, which can be tripped by frequency-sensitive relays and therefore disconnect the load, are one way to apply load management. This method, known as ripple control, has previously been used in a number of countries. Load management has become increasingly crucial in Gulf countries as the capacity of electric companies struggles to meet rising energy demand. Several sections of Kuwait and the United Arab Emirates are experiencing supply shortages during peak hours. Vacuum circuit breakers are likely to be employed for effective load management as countries intend to lessen the demand-supply gap during peak hours.
The Brazil market dominated the LAMEA Circuit Breakers Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $309.3 million by 2028. The Argentina market is anticipated to grow at a CAGR of 7.9% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 7% during (2022 - 2028).
Based on Installation, the market is segmented into Outdoor and Indoor. Based on Insulation Type, the market is segmented into Gas, Oil, Vacuum, and Air. Based on Voltage, the market is segmented into High, Medium, and Low. Based on End User, the market is segmented into Utilities, Industrial, Residential, and Commercial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Circuit Breakers Market is Predict to reach $13.8 Billion by 2028, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, ABB Group, Eaton Corporation PLC, Schneider Electric SE, Alstom Holdings, Mitsubishi Electric Corporation, Furukawa Electric Co., Ltd., Toshiba Corporation, Kirloskar Electric Co. Ltd., and Powell Industries, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Installation
By Insulation
By Voltage
By End User
- Utilities
- Industrial
- Residential
- Commercial
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- ABB Group
- Eaton Corporation PLC
- Schneider Electric SE
- Alstom Holdings
- Mitsubishi Electric Corporation
- Furukawa Electric Co., Ltd.
- Toshiba Corporation
- Kirloskar Electric Co. Ltd.
- Powell Industries, Inc.
TABLE 1 LAMEA Circuit Breakers Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Circuit Breakers Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Circuit Breakers Market
TABLE 4 Product Launches And Product Expansions– Circuit Breakers Market
TABLE 5 Acquisition and Mergers– Circuit Breakers Market
TABLE 6 LAMEA Circuit Breakers Market by Installation, 2018 - 2021, USD Million
TABLE 7 LAMEA Circuit Breakers Market by Installation, 2022 - 2028, USD Million
TABLE 8 LAMEA Outdoor Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Outdoor Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Indoor Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Indoor Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Circuit Breakers Market by Insulation Type, 2018 - 2021, USD Million
TABLE 13 LAMEA Circuit Breakers Market by Insulation Type, 2022 - 2028, USD Million
TABLE 14 LAMEA Gas Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Gas Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA Oil Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Oil Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Vacuum Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Vacuum Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Air Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Air Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Circuit Breakers Market by Voltage, 2018 - 2021, USD Million
TABLE 23 LAMEA Circuit Breakers Market by Voltage, 2022 - 2028, USD Million
TABLE 24 LAMEA High Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA High Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Medium Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Medium Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Low Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Low Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Circuit Breakers Market by End User, 2018 - 2021, USD Million
TABLE 31 LAMEA Circuit Breakers Market by End User, 2022 - 2028, USD Million
TABLE 32 LAMEA Utilities Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Utilities Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Residential Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Residential Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
TABLE 40 LAMEA Circuit Breakers Market by Country, 2018 - 2021, USD Million
TABLE 41 LAMEA Circuit Breakers Market by Country, 2022 - 2028, USD Million
TABLE 42 Brazil Circuit Breakers Market, 2018 - 2021, USD Million
TABLE 43 Brazil Circuit Breakers Market, 2022 - 2028, USD Million
TABLE 44 Brazil Circuit Breakers Market by Installation, 2018 - 2021, USD Million
TABLE 45 Brazil Circuit Breakers Market by Installation, 2022 - 2028, USD Million
TABLE 46 Brazil Circuit Breakers Market by Insulation Type, 2018 - 2021, USD Million
TABLE 47 Brazil Circuit Breakers Market by Insulation Type, 2022 - 2028, USD Million
TABLE 48 Brazil Circuit Breakers Market by Voltage, 2018 - 2021, USD Million
TABLE 49 Brazil Circuit Breakers Market by Voltage, 2022 - 2028, USD Million
TABLE 50 Brazil Circuit Breakers Market by End User, 2018 - 2021, USD Million
TABLE 51 Brazil Circuit Breakers Market by End User, 2022 - 2028, USD Million
TABLE 52 Argentina Circuit Breakers Market, 2018 - 2021, USD Million
TABLE 53 Argentina Circuit Breakers Market, 2022 - 2028, USD Million
TABLE 54 Argentina Circuit Breakers Market by Installation, 2018 - 2021, USD Million
TABLE 55 Argentina Circuit Breakers Market by Installation, 2022 - 2028, USD Million
TABLE 56 Argentina Circuit Breakers Market by Insulation Type, 2018 - 2021, USD Million
TABLE 57 Argentina Circuit Breakers Market by Insulation Type, 2022 - 2028, USD Million
TABLE 58 Argentina Circuit Breakers Market by Voltage, 2018 - 2021, USD Million
TABLE 59 Argentina Circuit Breakers Market by Voltage, 2022 - 2028, USD Million
TABLE 60 Argentina Circuit Breakers Market by End User, 2018 - 2021, USD Million
TABLE 61 Argentina Circuit Breakers Market by End User, 2022 - 2028, USD Million
TABLE 62 UAE Circuit Breakers Market, 2018 - 2021, USD Million
TABLE 63 UAE Circuit Breakers Market, 2022 - 2028, USD Million
TABLE 64 UAE Circuit Breakers Market by Installation, 2018 - 2021, USD Million
TABLE 65 UAE Circuit Breakers Market by Installation, 2022 - 2028, USD Million
TABLE 66 UAE Circuit Breakers Market by Insulation Type, 2018 - 2021, USD Million
TABLE 67 UAE Circuit Breakers Market by Insulation Type, 2022 - 2028, USD Million
TABLE 68 UAE Circuit Breakers Market by Voltage, 2018 - 2021, USD Million
TABLE 69 UAE Circuit Breakers Market by Voltage, 2022 - 2028, USD Million
TABLE 70 UAE Circuit Breakers Market by End User, 2018 - 2021, USD Million
TABLE 71 UAE Circuit Breakers Market by End User, 2022 - 2028, USD Million
TABLE 72 Saudi Arabia Circuit Breakers Market, 2018 - 2021, USD Million
TABLE 73 Saudi Arabia Circuit Breakers Market, 2022 - 2028, USD Million
TABLE 74 Saudi Arabia Circuit Breakers Market by Installation, 2018 - 2021, USD Million
TABLE 75 Saudi Arabia Circuit Breakers Market by Installation, 2022 - 2028, USD Million
TABLE 76 Saudi Arabia Circuit Breakers Market by Insulation Type, 2018 - 2021, USD Million
TABLE 77 Saudi Arabia Circuit Breakers Market by Insulation Type, 2022 - 2028, USD Million
TABLE 78 Saudi Arabia Circuit Breakers Market by Voltage, 2018 - 2021, USD Million
TABLE 79 Saudi Arabia Circuit Breakers Market by Voltage, 2022 - 2028, USD Million
TABLE 80 Saudi Arabia Circuit Breakers Market by End User, 2018 - 2021, USD Million
TABLE 81 Saudi Arabia Circuit Breakers Market by End User, 2022 - 2028, USD Million
TABLE 82 South Africa Circuit Breakers Market, 2018 - 2021, USD Million
TABLE 83 South Africa Circuit Breakers Market, 2022 - 2028, USD Million
TABLE 84 South Africa Circuit Breakers Market by Installation, 2018 - 2021, USD Million
TABLE 85 South Africa Circuit Breakers Market by Installation, 2022 - 2028, USD Million
TABLE 86 South Africa Circuit Breakers Market by Insulation Type, 2018 - 2021, USD Million
TABLE 87 South Africa Circuit Breakers Market by Insulation Type, 2022 - 2028, USD Million
TABLE 88 South Africa Circuit Breakers Market by Voltage, 2018 - 2021, USD Million
TABLE 89 South Africa Circuit Breakers Market by Voltage, 2022 - 2028, USD Million
TABLE 90 South Africa Circuit Breakers Market by End User, 2018 - 2021, USD Million
TABLE 91 South Africa Circuit Breakers Market by End User, 2022 - 2028, USD Million
TABLE 92 Nigeria Circuit Breakers Market, 2018 - 2021, USD Million
TABLE 93 Nigeria Circuit Breakers Market, 2022 - 2028, USD Million
TABLE 94 Nigeria Circuit Breakers Market by Installation, 2018 - 2021, USD Million
TABLE 95 Nigeria Circuit Breakers Market by Installation, 2022 - 2028, USD Million
TABLE 96 Nigeria Circuit Breakers Market by Insulation Type, 2018 - 2021, USD Million
TABLE 97 Nigeria Circuit Breakers Market by Insulation Type, 2022 - 2028, USD Million
TABLE 98 Nigeria Circuit Breakers Market by Voltage, 2018 - 2021, USD Million
TABLE 99 Nigeria Circuit Breakers Market by Voltage, 2022 - 2028, USD Million
TABLE 100 Nigeria Circuit Breakers Market by End User, 2018 - 2021, USD Million
TABLE 101 Nigeria Circuit Breakers Market by End User, 2022 - 2028, USD Million
TABLE 102 Rest of LAMEA Circuit Breakers Market, 2018 - 2021, USD Million
TABLE 103 Rest of LAMEA Circuit Breakers Market, 2022 - 2028, USD Million
TABLE 104 Rest of LAMEA Circuit Breakers Market by Installation, 2018 - 2021, USD Million
TABLE 105 Rest of LAMEA Circuit Breakers Market by Installation, 2022 - 2028, USD Million
TABLE 106 Rest of LAMEA Circuit Breakers Market by Insulation Type, 2018 - 2021, USD Million
TABLE 107 Rest of LAMEA Circuit Breakers Market by Insulation Type, 2022 - 2028, USD Million
TABLE 108 Rest of LAMEA Circuit Breakers Market by Voltage, 2018 - 2021, USD Million
TABLE 109 Rest of LAMEA Circuit Breakers Market by Voltage, 2022 - 2028, USD Million
TABLE 110 Rest of LAMEA Circuit Breakers Market by End User, 2018 - 2021, USD Million
TABLE 111 Rest of LAMEA Circuit Breakers Market by End User, 2022 - 2028, USD Million
TABLE 112 Key Information – Siemens AG
TABLE 113 Key Information – ABB Group
TABLE 114 key information – Eaton Corporation PLC
TABLE 115 Key information – Schneider Electric SE
TABLE 116 Key Information – ALSTOM Holdings
TABLE 117 key information – Mitsubishi Electric Corporation
TABLE 118 Key Information –Furukawa Electric Co., Ltd.
TABLE 119 Key Information – Toshiba Corporation
TABLE 120 Key Information – Kirloskar Electric Co., Ltd.
TABLE 121 Key Information – Powell Industries, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jun – 2021, Oct) Leading Players
FIG 5 Recent strategies and developments: Siemens AG
FIG 6 Swot analysis: Siemens AG
FIG 7 Recent strategies and developments: Eaton Corporation PLC
FIG 8 Recent strategies and developments: Schneider Electric SE
FIG 9 Swot analysis: Schneider Electric SE
FIG 10 Recent strategies and developments: Mitsubishi Electric Corporation