A
circuit breaker is a device that, interposes an electric circuit to avert
unwarranted current, caused by short circuit, typically resulting from
overload. A vacuum circuit breaker (VCB) is a kind of circuit breaker where the
arc quenching takes place in vacuum medium. In a vacuum circuit breaker, vacuum
interrupters are used for breaking and making load and fault currents. A vacuum
circuit breaker can be used frequently or at a place of multi breaking short
circuit. Vacuum circuit breakers are widely used in utility sector, to reduce
energy loses in power generation and transmission efficiently. These factors
will be contributing for the growth of global vacuum circuit breaker market in
forecast period. A detailed analysis
report of COVID-19
impact on Vacuum Circuit Breaker Market Size is provided with the report.
Vacuum
circuit breakers are classified based on their types as indoor VCB and outdoor
VCB. The indoor VCB type is equipped in a switchgear placed under an
infrastructure for safe transmission operations. Outdoor VCB is suitable for
switching of arc furnace transformers up to 50 operations per day. Outdoor VCB
is mostly used in current transformers and potential transformers at outdoor
location.
Industry Segmentation
Global
vacuum circuit breakers market has been segmented on the basis of type,
end-user, voltage rating, and region.
Based
on type the market is further segmented as indoor vacuum circuit breaker, and
outdoor vacuum circuit breaker. Indoor vacuum circuit breakers are dominating
the market due to the fact, that they have lower risk of hazards, explosion,
and are suitable for buildings with lesser space. On the basis of end-use, the
market is classified as energy utilities, building & construction,
chemicals & petrochemicals, foods & beverages, metal & mining, and
others.
On
the basis of voltage rating, the vacuum circuit breaker market is segmented as medium and high voltage.
Medium voltage vacuum circuit breakers are prime shareholders as they are
economically feasible over high voltage vacuum circuit breakers.
Leading Players
The
key players of global vacuum circuit breaker market are ABB Group
(Switzerland), Siemens Ltd. (Germany), General Electric Company (USA), Crompton
Greaves Ltd. (India), Alstom SA. (France), Schneider Electric (France),
Mitsubishi Electric Corporation (Japan), L&T Electrical & Automation
(India), Kirloskar Electric Company Ltd. (India) and Eaton Corporation PLC
(Ireland).
Scope of the Report
This
research report has provided the insights, on various levels of analyses such
industry analysis, market share analysis leading market players and their
profiles. This report also helps in studying the target segments by providing
views on emerging & high-growth segments and market conclusion. Together
the market data comprise and discuss with the basic assessments on the competitive
scenarios & strategies, of the global Vacuum Circuit Breaker market,
including the high-growth regions, countries and their political, economic and
technological environments. Furthermore, the project report also provides the
views over the historical market values as well as, pricing and cost analysis
of the same.
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