According to a new report, published by KBV research, The Global AC MCB Market size is expected to reach $3.2 billion by 2030, rising at a market growth of 5.3% CAGR during the forecast period.
The Type D segment acquired maximum revenue share in the Global AC MCB Market by Type in 2022 thereby, achieving a market value of $1.8 billion by 2030. Type D makes trips 10 to 20 times the current at full load. This is frequently utilized in heavy industries because of the potential for significant current inrush. In certain industrial and commercial applications where, current inrush might be quite high, these MCBs are used. Transformers, X-ray equipment, big winding motors, etc., are a few examples.
The High segment is showcasing a CAGR of 5.6% during (2023 - 2030). High-voltage breakers are used to protect and manage electrical power transmission networks. According to an updated definition issued by the International Electrotechnical Commission (IEC), the high voltage varies depending on the application. Still, work is typically believed to be 72.5 kV or greater in power transmission. The widespread use of these MCBs in heavy electric equipment propels the segment's growth.
The Utilities segment is leading the Global AC MCB Market by End Use in 2022 thereby, achieving a market value of $1.3 billion by 2030. AC MCBs are designed to handle alternating currents' varying voltage and frequency, making them suitable for a wide range of utility applications. They can accommodate most homes and businesses' standard AC power supply. Their sensitivity to abnormal currents helps to enhance the overall safety and reliability of the utility system. These MCBs are available in compact sizes, making them space-efficient for utility applications.
The North America market dominated the Global AC MCB Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $853.7 million by 2030. The Europe market is exhibiting a CAGR of 4.8% during (2023 - 2030). Additionally, The Asia Pacific market would showcase a CAGR of 5.7% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/ac-mcb-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Eaton Corporation PLC, ABB Group, Siemens AG, Schneider Electric SE, General Electric Company, Mitsubishi Electric Corporation, Legrand Group, Fuji Electric Co., Ltd., ALTECH Co., Ltd., and Zhejiang Sentai Electric Co., Ltd.
By Type
By Voltage
By End Use
By Geography
Companies Profiled
Unique Offerings 
