Global LV and MV Switchgear Market Developing Sector Trends: Schneider, ABB, Eaton, Siemens
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Global Circuit Breaker Market Set to Witness Healthy Growth—Projected to reach USD 8 6 billion by 2027 | BlueWeave
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Global Circuit Breaker Market Set to Witness Healthy
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Insights on the Molded Case Circuit Breakers Global Market to 2027 - Featuring ABB, Eaton and Fuji Electric Among Others - ResearchAndMarkets.com
April 8, 2021 GMT
DUBLIN (BUSINESS WIRE) Apr 8, 2021
Amid the COVID-19 crisis, the global market for Molded Case Circuit Breakers estimated at US$8.8 Billion in the year 2020, is projected to reach a revised size of US$12.9 Billion by 2027, growing at a CAGR of 5.6% over the analysis period 2020-2027.
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Up to 20 A, one of the segments analyzed in the report, is projected to record a 6.4% CAGR and reach US$2.1 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 21-75 A segment is readjusted to a revised 5.2% CAGR for the next 7-year period.