Insights on the Air Circuit Breakers Global Market to 2027 - Featuring ABB, Eaton and Fuji Electric Among Others - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Apr 13, 2021--
The “Air Circuit Breakers - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Air Circuit Breakers estimated at US$3 Billion in the year 2020, is projected to reach a revised size of US$4.3 Billion by 2027, growing at a CAGR of 5% over the period 2020-2027.
Low, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$2.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Medium segment is readjusted to a revised 4.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $819 Million, While China is Forecast to Grow at 8.1% CAGR
The Air Circuit Breakers market in the U.S. is estimated at US$819 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$910.2 Million by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Select Competitors (Total 35 Featured):
- CBI-electric Group
- Fuji Electric
- Hitachi Industrial Equipment Systems Co., Ltd.
- Hyundai Electric & Energy Systems Co., Ltd.
- Larsen & Toubro
- Mitsubishi Electric
- Schneider Electric
- Terasaki Electric Co., Ltd.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- UNITED KINGDOM
- REST OF EUROPE
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- REST OF LATIN AMERICA
- MIDDLE EAST
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- Total Companies Profiled: 35
For more information about this report visit https://www.researchandmarkets.com/r/f5zyo7
View source version on businesswire.com:https://www.businesswire.com/news/home/20210413005923/en/
Laura Wood, Senior Press Manager
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INDUSTRY KEYWORD: UTILITIES ENERGY
SOURCE: Research and Markets
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PUB: 04/13/2021 12:03 PM/DISC: 04/13/2021 12:03 PM