The North America Vacuum Circuit Breaker Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030).
A vacuum circuit breaker (VCB) is an electrical switching device that stops current flow across a circuit, allowing it to be controlled and protected. The arc quenching medium, which is used in this system, is a vacuum. The vacuum interrupter, which makes up a VCB, is the main part in charge of interrupting the current. A moving contact and a fixed contact are both parts of the vacuum interrupter, which is housed in a vacuum-sealed chamber. The contacts are closed while the circuit is operating normally, allowing current to pass across it.
The VCB identifies abnormalities or faults, such as short circuits or overcurrent, and starts the opening process. Due to the current flow, an arc is produced as the contacts of the VCB start to separate. Contrarily, the strong electric field across the contacts in the vacuum induces electron emission from the contact surface, which ionizes the chamber's remaining gas molecules and produces an extremely conductive plasma arc channel. The vacuum environment ensures effective arc quenching by preventing the arc from restriking.
The vacuum interrupter's arc quenching function quickly extinguishes the arc, interrupting current flow. Current interruption is necessary for safeguarding electrical equipment, avoiding damage, and preserving the stability of the electrical system. Vacuum circuit breakers are frequently employed in many different applications, such as power distribution networks, substations, commercial buildings, industrial facilities, and renewable energy projects. They have benefits, including high reliability, quick fault resolution, compact design, low maintenance needs, and environmental friendliness because of the lack of insulating or arc-quenching gases.
The Canadian Electrical Association estimates that 350 billion dollars will need to be invested in the electrical industry over the next 20 years. In addition, the US Department of Energy recently announced USD 220 million in funds for businesses run by an array of national laboratories to aid in the nation's power grid upgrading during the next years. Approximately five million kilometers of electrical cables and about 3300 utility companies comprise the US grid system, which distributes electricity from many energy plants to 150 million customers. Therefore, it is projected that during the forecast period, these variables will present businesses operating in the regional market with profitable growth prospects.
The US market dominated the North America Vacuum Circuit Breaker Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $265.1 Million by 2030. The Canada market is exhibiting a CAGR of 7.2% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 6.3% during (2023 - 2030).
Based on Voltage, the market is segmented into Medium Voltage, and High Voltage. Based on Industry, the market is segmented into Utilities, Industrial, Commercial, and Residential. Based on Installation Location, the market is segmented into Indoor, and Outdoor. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Vacuum Circuit Breaker Market is Projected to reach USD 1.3 Billion by 2030, at a CAGR of 5.5%
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, Fuji Electric Co., Ltd., Legrand Group, Schneider Electric SE, Mitsubishi Electric Corporation, Siemens AG, General Electric Company, Toshiba Corporation (Toshiba Energy Systems & Solutions Corporation) and Arteche Lantegi Elkartea, S.A.
Scope of the Study
Market Segments Covered in the Report:
By Voltage
- Medium Voltage
- High Voltage
By Industry
- Utilities
- Industrial
- Commercial
- Residential
By Installation Location
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- ABB Ltd
- Eaton Corporation PLC
- Fuji Electric Co., Ltd.
- Legrand Group
- Schneider Electric SE
- Mitsubishi Electric Corporation
- Siemens AG
- General Electric Company
- Toshiba Corporation (Toshiba Energy Systems & Solutions Corporation)
- Arteche Lantegi Elkartea, S.A.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Vacuum Circuit Breaker Market, by Voltage
1.4.2 North America Vacuum Circuit Breaker Market, by Industry
1.4.3 North America Vacuum Circuit Breaker Market, by Installation Location
1.4.4 North America Vacuum Circuit Breaker Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Acquisition and Mergers: 2019, Mar – 2022, Jul) Leading Players
Chapter 4. North America Vacuum Circuit Breaker Market by Voltage
4.1 North America Medium Voltage Market by Country
4.2 North America High Voltage Market by Country
Chapter 5. North America Vacuum Circuit Breaker Market by Industry
5.1 North America Utilities Market by Country
5.2 North America Industrial Market by Country
5.3 North America Commercial Market by Country
5.4 North America Residential Market by Country
Chapter 6. North America Vacuum Circuit Breaker Market by Installation Location
6.1 North America Indoor Market by Country
6.2 North America Outdoor Market by Country
Chapter 7. North America Vacuum Circuit Breaker Market by Country
7.1 US Vacuum Circuit Breaker Market
7.1.1 US Vacuum Circuit Breaker Market by Voltage
7.1.2 US Vacuum Circuit Breaker Market by Industry
7.1.3 US Vacuum Circuit Breaker Market by Installation Location
7.2 Canada Vacuum Circuit Breaker Market
7.2.1 Canada Vacuum Circuit Breaker Market by Voltage
7.2.2 Canada Vacuum Circuit Breaker Market by Industry
7.2.3 Canada Vacuum Circuit Breaker Market by Installation Location
7.3 Mexico Vacuum Circuit Breaker Market
7.3.1 Mexico Vacuum Circuit Breaker Market by Voltage
7.3.2 Mexico Vacuum Circuit Breaker Market by Industry
7.3.3 Mexico Vacuum Circuit Breaker Market by Installation Location
7.4 Rest of North America Vacuum Circuit Breaker Market
7.4.1 Rest of North America Vacuum Circuit Breaker Market by Voltage
7.4.2 Rest of North America Vacuum Circuit Breaker Market by Industry
7.4.3 Rest of North America Vacuum Circuit Breaker Market by Installation Location
Chapter 8. Company Profiles
8.1 ABB Ltd
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Eaton Corporation PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.6 Swot Analysis
8.3 Fuji Electric Co. Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.4 Legrand Group
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.5 Schneider Electric SE
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisition and Mergers:
8.5.5.3 Geographical Expansions:
8.5.6 SWOT Analysis
8.6 Mitsubishi Electric Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.5.3 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Siemens AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.7.5.2 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 General Electric Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Toshiba Corporation (Toshiba Energy Systems & Solutions Corporation)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research and Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.10. Arteche Lantegi Elkartea, S.A.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
TABLE 1 North America Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 2 North America Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Vacuum Circuit Breaker Market
TABLE 4 Product Launches And Product Expansions– Vacuum Circuit Breaker Market
TABLE 5 Acquisition and Mergers– Vacuum Circuit Breaker Market
TABLE 6 Geographical Expansions – Vacuum Circuit Breaker Market
TABLE 7 North America Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 8 North America Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 9 North America Medium Voltage Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Medium Voltage Market by Country, 2023 - 2030, USD Million
TABLE 11 North America High Voltage Market by Country, 2019 - 2022, USD Million
TABLE 12 North America High Voltage Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 14 North America Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 15 North America Utilities Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Utilities Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Industrial Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Industrial Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Commercial Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Commercial Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Residential Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Residential Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 24 North America Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 25 North America Indoor Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Indoor Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Outdoor Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Outdoor Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Vacuum Circuit Breaker Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Vacuum Circuit Breaker Market by Country, 2023 - 2030, USD Million
TABLE 31 US Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 32 US Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 33 US Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 34 US Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 35 US Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 36 US Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 37 US Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 38 US Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 39 Canada Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 40 Canada Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 41 Canada Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 42 Canada Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 43 Canada Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 44 Canada Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 45 Canada Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 46 Canada Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 47 Mexico Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 48 Mexico Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 49 Mexico Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 50 Mexico Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 51 Mexico Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 52 Mexico Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 53 Mexico Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 54 Mexico Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 55 Rest of North America Vacuum Circuit Breaker Market, 2019 - 2022, USD Million
TABLE 56 Rest of North America Vacuum Circuit Breaker Market, 2023 - 2030, USD Million
TABLE 57 Rest of North America Vacuum Circuit Breaker Market by Voltage, 2019 - 2022, USD Million
TABLE 58 Rest of North America Vacuum Circuit Breaker Market by Voltage, 2023 - 2030, USD Million
TABLE 59 Rest of North America Vacuum Circuit Breaker Market by Industry, 2019 - 2022, USD Million
TABLE 60 Rest of North America Vacuum Circuit Breaker Market by Industry, 2023 - 2030, USD Million
TABLE 61 Rest of North America Vacuum Circuit Breaker Market by Installation Location, 2019 - 2022, USD Million
TABLE 62 Rest of North America Vacuum Circuit Breaker Market by Installation Location, 2023 - 2030, USD Million
TABLE 63 Key Information – ABB Ltd
TABLE 64 key information – Eaton Corporation PLC
TABLE 65 Key Information – Fuji Electric Co., Ltd.
TABLE 66 key Information – Legrand Group
TABLE 67 Key information – Schneider Electric SE
TABLE 68 key information – Mitsubishi Electric Corporation
TABLE 69 Key Information – Siemens AG
TABLE 70 KEY INFORMATION – General Electric Company
TABLE 71 Key Information – Toshiba Corporation
TABLE 72 Key Information – Arteche Lantegi Elkartea, S.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Acquisition and Mergers: 2019, Mar – 2022, Jul) Leading Players
FIG 5 North America Vacuum Circuit Breaker Market share by Voltage, 2022
FIG 6 North America Vacuum Circuit Breaker Market share by Voltage, 2030
FIG 7 North America Vacuum Circuit Breaker Market by Voltage, 2019 - 2030, USD Million
FIG 8 North America Vacuum Circuit Breaker Market share by Industry, 2022
FIG 9 North America Vacuum Circuit Breaker Market share by Industry, 2030
FIG 10 North America Vacuum Circuit Breaker Market by Industry, 2019 - 2030, USD Million
FIG 11 North America Vacuum Circuit Breaker Market share by Installation Location, 2022
FIG 12 North America Vacuum Circuit Breaker Market share by Installation Location, 2030
FIG 13 North America Vacuum Circuit Breaker Market by Installation Location, 2019 - 2030, USD Million
FIG 14 North America Vacuum Circuit Breaker Market share by Country, 2022
FIG 15 North America Vacuum Circuit Breaker Market share by Country, 2030
FIG 16 North America Vacuum Circuit Breaker Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: ABB Group
FIG 18 Recent strategies and developments: Eaton Corporation PLC
FIG 19 SWOT Analysis: Eaton Corporation PLC
FIG 20 Recent strategies and developments: Schneider Electric SE
FIG 21 Swot analysis: Schneider Electric SE
FIG 22 Recent strategies and developments: Mitsubishi Electric Corporation
FIG 23 SWOT Analysis: Mitsubishi Electric Corporation
FIG 24 Recent strategies and developments: Siemens AG
FIG 25 Swot analysis: Siemens AG
FIG 26 Swot analysis: General electric (GE) Co.
FIG 27 SWOT Analysis: Toshiba Corporation