Asia Pacific (APAC) Circuit Breaker Market (2019-2025) | Share, Analysis, Size, Revenue, Forecast, Trends, Growth, Industry, Outlook & Segmentation

Latest (2023) Developments in the  Asia Pacific (APAC) Circuit Breaker market

• The introduction of innovative smart circuit breakers with integrated IoT capabilities to monitor and control power flows in real-time.
• Growing demand for arc-fault protection circuit breakers to reduce electrical fires caused by arcing faults. 
• Increasing adoption of digital technologies such as artificial intelligence (AI) and machine learning (ML) to optimize the performance of circuit breaker systems, resulting in increased efficiency and cost savings for customers across APAC markets. 
• Developments in miniature high voltage circuit breakers that are smaller, lighter, easier to install, more reliable, and have longer life cycles than conventional ones. 
• Increased focus on developing renewable energy sources such as solar photovoltaic power plants throughout APAC countries is driving an increase in demand for newer technologies such as string monitoring within PV applications which can help maximize system uptime through predictive maintenance functions built into a modern low-voltage distribution system using intelligent devices like relays or microprocessor based multifunctional meters with circuit breaker controls integrated into them directly or indirectly via communication networks using IEC 61850 protocols. 
• Expansion of ultrahigh-voltage direct current (UHVDC) transmission lines over thousands of kilometres being used in electric interconnections between grids across APAC countries will see a surge in need for specialised extra high voltage DC rated CBs capable of handling this new type voltage up to ±800kV range needed along these new networks.

Asia Pacific (APAC) Circuit Breaker Market Synopsis

The significant rise in demand for load management across various countries in the Asia Pacific region coupled with surging construction projects in the region is driving the market for circuit breakers. The product has gained a significant position in the market and has been deployed for use under various applications. Increasing power requirements coupled with rising power infrastructure would spur the market for circuit breakers in the Asia Pacific (APAC) region. 

According to 6Wresearch, the Asia Pacific (APAC) Circuit Breaker market is anticipated to record growth during 2019-25. In the global circuit breaker market, the APAC region is the leading revenue-generating region. Led by countries such as China, India, Japan, Thailand, Malaysia, Indonesia, and Australia, the APAC circuit breaker market is gaining traction globally. Government initiatives to strengthen electrical infrastructure and expand transmission networks would surge the APAC circuit breaker market in the coming years.

Moreover, China accounted for a major share of market revenues on the back of increasing utilization in the industrial sector. The Government has initiated various grid infrastructure plans and is foreseeing upgrading the grids of the country by 2020. Increased Government spending on various power generation projects would drive the growth of circuit breakers in the China market. Amongst the voltage types, low-voltage and medium-voltage circuit breakers have captured a key share of the market and would continue to dominate over the forecast period.

The Asia Pacific Circuit Breaker market report thoroughly covers the market by voltage, applications, types, and countries including Japan, China, India, Indonesia, Malaysia, Australia, Thailand, and the Rest of Asia Pacific. The Circuit Breaker market outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific Circuit Breaker market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Asia Pacific Circuit Breaker Market Overview
• Asia Pacific Circuit Breaker Market Outlook
• Asia Pacific Circuit Breaker Market Forecast
• Historical Data of Circuit Breaker Market Revenues for the Period 2015-2018
• Asia Pacific Circuit Breaker Market Size and Asia Pacific Circuit Breaker Market Forecast of Revenues, Until 2025
• Historical Data of the Asia Pacific Circuit Breaker Market Revenues, By Voltage, for the Period 2015-2018
• Market Size & Forecast of Asia Pacific Circuit Breaker Market Revenues, By Voltage, until 2025
• Historical Data of the Asia Pacific Circuit Breaker Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of Asia Pacific Circuit Breaker Market Revenues, By Applications, until 2025
• Historical Data of the Asia Pacific Circuit Breaker Market Revenues, By Types, for the period 2015-2018
• Market Size & Forecast of Asia Pacific Circuit Breaker Market Revenues, By Types, until 2025
• Historical Data of Japan Circuit Breaker Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Japan Circuit Breaker Market Revenues, until 2025.
• Historical Data of China Circuit Breaker Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of China Circuit Breaker Market Revenues, until 2025.
• Historical Data of India Circuit Breaker Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of India Circuit Breaker Market Revenues, until 2025.
• Historical Data of Indonesia Circuit Breaker Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Indonesia Circuit Breaker Market Revenues, until 2025.
• Historical Data of Thailand Circuit Breaker Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Thailand Circuit Breaker Market Revenues, until 2025.
• Historical Data of Malaysia Circuit Breaker Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Malaysia Circuit Breaker Market Revenues, until 2025.
• Historical Data of Australia Circuit Breaker Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Australia Circuit Breaker Market Revenues, until 2025.
• Historical Data of the Rest of Asia Pacific Circuit Breaker Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Rest of Asia Pacific Circuit Breaker Market Revenues, until 2025.
• Market Drivers and Restraints
• Asia Pacific Circuit Breaker Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis 
• Market Opportunity Assessment
• Asia Pacific Circuit Breaker Market Share, By Countries
• Asia Pacific Circuit Breaker Market Share, By Players
• Asia Pacific Circuit Breaker Market Overview on Competitive Benchmarking
• Company Profiles 
• Key Strategic Recommendations

Markets Covered

The Asia Pacific Circuit Breaker Market report provides a detailed analysis of the following market segments:

By Voltage:

• Low Voltage
• Medium Voltage
• High Voltage

By Application:

• Commercial 
• Residential 
• Industrial 
• Power Utilities 
• Others (Transport, Government, etc.)

By Type:

    o Low Voltage 
           ? MCB
           ? MCCB
           ? ACB
           ? Others (RCB, ELCB))
    o Medium Voltage
           ? Gas Circuit Breaker
           ? Vacuum Circuit Breaker
    o High Voltage
           ? Gas Circuit Breaker
           ? Others (Oil, Hybrid)

By Key Countries:

• Japan
• China
• India
• Indonesia
• Australia
• Malaysia
• Thailand 
• Rest of Asia Pacific