DUBLIN--(BUSINESS WIRE )--The "Global Molded Case Circuit Breakers Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global molded case circuit breakers market is projected to grow at a CAGR of 6.38% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is emergence of high-performance polyamides. The gradual emergence of high-performance polyamides is gaining traction in the market. Electrical systems are becoming smaller, with end-users demanding MCCBs with more endurance power, better aesthetics, and smaller cases.
According to the report, one driver in the market is increased electrification rate globally. The rapidly increasing electrification rate globally is impacting the growth of the market positively. Power demand has been on the rise with growth in urban areas, eventually leading to the rise in demand for power in industries owing to rising penetration of digitization and automation.
Further, the report states that one challenge in the market is demand for fuses in certain application areas. Although circuit breakers dominate the global electric protective device market and are increasingly replacing fuses in almost every application.
7. Market Segmentation by Current Rating
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ResearchAndMarkets.com Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Electricity
ResearchAndMarkets.com Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Electricity