Press Resease

Gas Circuit Breaker Market Volt Rating (Up to 72.5 kV, 72.5-145kV, 145kV-252kV, 252-550kV, 550-800kV and above 800kV), By Configuration (Single Interrupter, Two Interrupter and Four Interrupter), By End Use (Residential, Commercial, And Industrial): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 24-Sep-2020 Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-3510 Status : Published

According to the report published by Zion Market Research, global demand for Gas Circuit Breaker market was valued at approximately USD 546 Million in 2019, and is expected to generate revenue of around USD 750 Million by end of 2026, growing at a CAGR of around 5.4% between 2020 and 2026.

Description

According to the report published by Zion Market Research, global demand for Gas Circuit Breaker market was valued at approximately USD 546 Million in 2019, and is expected to generate revenue of around USD 750 Million by end of 2026, growing at a CAGR of around 5.4% between 2020 and 2026.

Global Gas Circuit Breaker Market: Overview

Circuit breakers are the key equipment for protecting transmission systems and cut off current instantaneously in the case there is a system failure as a result of lightning or some other critical issues. In short, circuit breaker is an electric switch that can operate automatically and is designed to offer protection to the electric circuit in case of overload of electric supply or short circuit by cutting off the current and thus avoid the damage to circuit. Gas circuit breakers are the equipment insulated generally by sulphur hexafluoride and offers protection to electric power stations as well as power distribution systems through the interruption of electric currents. The key benefits of using this product are that it operates with lower noise and requires low maintenance along with no emitting of hot gases. Gas circuit breakers find wide applications in electrical grids at transmit volts nearly to 800 KV as generator circuit breakers. They also find application in power distribution systems at volts nearly to 35 KV. Thus, these aforementioned benefits of the product are expected to generate lucrative opportunities for the players across the global gas circuit breaker market in the ensuing years.

Global Gas Circuit Breaker Market: Growth Factors

Gas circuit breakers find a spectrum of applications as high volt current splitting equipment. As compared to fuses and oil circuit breakers, gas circuit breakers are considered to be more effective in chopping volts, particularly, high and medium volts. For instance, high volt applications are the key deployment domain for these products. Rapid urbanization and industrialization across the globe are anticipated to generate more demand for setting up of novel transmission grids, thereby generating a huge growth potential for gas circuit breaker market over the forthcoming years. In addition, rise in the number of renewable power projects along with massive government funding of power transmission & distribution sector is anticipated to produce lucrative opportunities for gas circuit breaker market. Furthermore, factors such as inconsistent electric current flow in some regions due to poor power infrastructure facility has resulted in burgeoning need for circuit protection via circuit breakers. This is anticipated to boost gas circuit breaker market earnings in the years ahead. Factors such as highlighting on reducing of interrupters and focusing of low maintenance-based circuit breakers are predicted to contribute notably towards global gas circuit breaker market.

Global Gas Circuit Breaker Market: Segmentation

The global gas circuit breaker market can be divided based on volt rating, end use, configuration, and technology. Currently, over 800 KV is the dominant sub-segment of volt rating segment with highest market share, while 252 KV-550 KV sub-segment of volt rating is anticipated to expand at high growth rate during the forecast timeframe.

Single interrupter sub-segment of configuration segment is likely to contribute notably towards the gas circuit breaker market growth in the coming years. Live tank type sub-segment of technology segment is predicted to expand at high rate of growth during the estimated timeline. The industrial sector is projected to lead the global gas circuit breaker market and commercial sector is going to register a lucrative growth in the global market with more product demand.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Gas Circuit Breaker Market: Regional Analysis

Asia Pacific region is likely to dominate the global gas circuit breaker market over the years ahead. North America gas circuit breaker market, is anticipated to demonstrate a remarkable expansion in the forthcoming years. The growth can be attributed to extensive product demand across the industrial sector. Europe gas circuit breaker market is predicted to record a lucrative growth over the estimated timeframe with escalating demand for the product across the residential sector of the region.

Global Gas Circuit Breaker Market: Competitive Players

Some main participants of the Gas Circuit Breaker market are Schneider Electric SE, ABB Group, Hyosung Corporation, General Electric, Siemens AG, Hitachi Ltd., Nissin Electric Company Limited, and Toshiba Corporation.

Gas Circuit Breaker Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.1.Report Scope
  • Chapter 2.Research Methodology
    • 2.1.Research Methodology
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Gas Circuit Breaker Market, 2016 – 2026 (USD Million)
    • 3.2.Global Gas Circuit Breaker Market: Snapshot
  • Chapter 4.Gas Circuit Breaker Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Anaysis
      • 4.4.2.Use – Cases for Gas Circuit Breaker
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technology Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Gas Circuit Breaker Market Attractiveness, By Vult Rating
    • 5.2.Global Gas Circuit Breaker Market Attractiveness, By Configuration
    • 5.3.Global Gas Circuit Breaker Market Attractiveness, By End Use
    • 5.4.Global Gas Circuit Breaker Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Gas Circuit Breaker Market: Company Market Share, 2019
    • 6.2.Strategic Developments
    • 7.1.Global Gas Circuit Breaker Market Overview: by Vult Rating
      • 7.1.1.Global Gas Circuit Breaker Market Revenue Share, by Vult Rating, 2019 & 2026
    • 7.2.Global Gas Circuit Breaker Market Analysis/Overview – By Vult Rating
      • 7.2.1.Up to 72.5 kV – Overview/Analysis
        • 7.2.2.72.5-145kV – Overview/Analysis
      • 7.2.3.145kV-252kV – Overview/Analysis
      • 7.2.4.252-550kV – Overview/Analysis
      • 7.2.5.550-800kV – Overview/Analysis
      • 7.2.6.Above 800kV – Overview/Analysis
    • 7.3.Up to 72.5 kV
      • 7.3.1.Global Gas Circuit Breaker Market for Up to 72.5 kV, Revenue (USD Million) 2016 - 2026
      • 7.4.72.5-145kV
      • 7.4.1.Global Gas Circuit Breaker Market for 72.5-145kV, Revenue (USD Million) 2016 - 2026
    • 7.5.145kV-252kV
      • 7.5.1.Global Gas Circuit Breaker Market for 145kV-252kV, Revenue (USD Million) 2016 - 2026
    • 7.6.252-550kV
      • 7.6.1.Global Gas Circuit Breaker Market for 252-550kV, Revenue (USD Million) 2016 - 2026
    • 7.7.550-800kV
      • 7.7.1.Global Gas Circuit Breaker Market for 550-800kV, Revenue (USD Million) 2016 - 2026
    • 7.8.Above 800kV
      • 7.8.1.Global Gas Circuit Breaker Market for Above 800kV, Revenue (USD Million) 2016 - 2026
    • 8.1.Global Gas Circuit Breaker Market Overview: by Configuration
      • 8.1.1.Global Gas Circuit Breaker Market Revenue Share, by Configuration, 2019 & 2026
    • 8.2.Global Gas Circuit Breaker Market Analysis/Overview – By Configuration
      • 8.2.1.Single Interrupter – Overview/Analysis
      • 8.2.2.Two Interrupter – Overview/Analysis
      • 8.2.3.Four Interrupter – Overview/Analysis
    • 8.3.Single Interrupter
      • 8.3.1.Global Gas Circuit Breaker Market for Single Interrupter, Revenue (USD Million) 2016 - 2026
    • 8.4.Two Interrupter
      • 8.4.1.Global Gas Circuit Breaker Market for Two Interrupter, Revenue (USD Million) 2016 - 2026
    • 8.5.Four Interrupter
      • 8.5.1.Global Gas Circuit Breaker Market for Four Interrupter, Revenue (USD Million) 2016 - 2026
    • 9.1.Global Gas Circuit Breaker Market Overview: by End Use
      • 9.1.1.Global Gas Circuit Breaker Market Revenue Share, by End Use, 2019 & 2026
    • 9.2.Global Gas Circuit Breaker Market Analysis/Overview – By End Use
      • 9.2.1.Residential – Overview/Analysis
      • 9.2.2.Commercial – Overview/Analysis
      • 9.2.3.Industrial – Overview/Analysis
    • 9.3.Residential
      • 9.3.1.Global Gas Circuit Breaker Market for Residential, Revenue (USD Million) 2016 - 2026
    • 9.4.Commercial
      • 9.4.1.Global Gas Circuit Breaker Market for Commercial, Revenue (USD Million) 2016 - 2026
    • 9.5.Industrial
      • 9.5.1.Global Gas Circuit Breaker Market for Industrial, Revenue (USD Million) 2016 - 2026
  • Chapter 10.Gas Circuit Breaker Market – Regional Analysis
    • 10.1.Global Gas Circuit Breaker Market: Regional Overview
      • 10.1.1.Global Gas Circuit Breaker Market Revenue Share, by Region, 2019 & 2026
      • 10.1.2.Global Gas Circuit Breaker Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 10.2.North America
      • 10.2.1.North America Gas Circuit Breaker Market Revenue, 2016 - 2026 (USD Million)
      • 10.2.2.North America Gas Circuit Breaker Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.2.3.North America Gas Circuit Breaker Market Revenue, by Vult Rating, 2016 – 2026
      • 10.2.4.North America Gas Circuit Breaker Market Revenue, by Configuration, 2016 – 2026
      • 10.2.5.North America Gas Circuit Breaker Market Revenue, by End Use, 2016 – 2026
      • 10.2.6. U.S.
      • 10.2.7.Canada
    • 10.3.Europe
      • 10.3.1.Europe Gas Circuit Breaker Market Revenue, 2016 - 2026 (USD Million)
      • 10.3.2.Europe Gas Circuit Breaker Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.3.3.Europe Gas Circuit Breaker Market Revenue, by Vult Rating, 2016 – 2026
      • 10.3.4.Europe Gas Circuit Breaker Market Revenue, by Configuration, 2016 – 2026
      • 10.3.5.Europe Gas Circuit Breaker Market Revenue, by End Use, 2016 – 2026
      • 10.3.6.Germany
      • 10.3.7.France
      • 10.3.8. U.K.
      • 10.3.9.Italy
      • 10.3.10.Spain
      • 10.3.11.Rest of Europe
    • 10.4.Asia Pacific
      • 10.4.1.Asia Pacific Gas Circuit Breaker Market Revenue, 2016 - 2026 (USD Million)
      • 10.4.2.Asia Pacific Gas Circuit Breaker Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.4.3.Asia Pacific Gas Circuit Breaker Market Revenue, by Vult Rating, 2016 – 2026
      • 10.4.4.Asia Pacific Gas Circuit Breaker Market Revenue, by Configuration, 2016 – 2026
      • 10.4.5.Asia Pacific Gas Circuit Breaker Market Revenue, by End Use, 2016 – 2026
      • 10.4.6.China
      • 10.4.7.Japan
      • 10.4.8.India
      • 10.4.9.South Korea
      • 10.4.10.South-East Asia
      • 10.4.11.Rest of Asia Pacific
    • 10.5.Latin America
      • 10.5.1.Latin America Gas Circuit Breaker Market Revenue, 2016 - 2026 (USD Million)
      • 10.5.2.Latin America Gas Circuit Breaker Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.5.3.Latin America Gas Circuit Breaker Market Revenue, by Vult Rating, 2016 – 2026
      • 10.5.4.Latin America Gas Circuit Breaker Market Revenue, by Configuration, 2016 – 2026
      • 10.5.5.Latin America Gas Circuit Breaker Market Revenue, by End Use, 2016 – 2026
      • 10.5.6.Brazil
      • 10.5.7.Mexico
      • 10.5.8.Rest of Latin America
    • 10.6.The Middle-East and Africa
      • 10.6.1.The Middle-East and Africa Gas Circuit Breaker Market Revenue, 2016 - 2026 (USD Million)
      • 10.6.2.The Middle-East and Africa Gas Circuit Breaker Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.6.3.The Middle-East and Africa Gas Circuit Breaker Market Revenue, by Vult Rating, 2016 – 2026
      • 10.6.4.The Middle-East and Africa Gas Circuit Breaker Market Revenue, by Configuration, 2016 – 2026
      • 10.6.5.The Middle-East and Africa Gas Circuit Breaker Market Revenue, by End Use, 2016 – 2026
      • 10.6.6.GCC Countries
      • 10.6.7.South Africa
      • 10.6.8.Rest of Middle-East Africa
  • Chapter 11.Company Profiles
    • 11.1.Schneider Electric SE
      • 11.1.1.Company Overview
      • 11.1.2.Financial Overview
      • 11.1.3.Product Portfolio
      • 11.1.4.Business Strategy
      • 11.1.5.Recent Developments
    • 11.2.ABB Group
    • 11.3.Hyosung Corporation
    • 11.4.General Electric
    • 11.5.Siemens AG
    • 11.6.Hitachi Ltd.
    • 11.7.Nissin Electric Company Limited
    • 11.8.Toshiba Corporation

Methodology


Frequently Asked Questions

Rapid urbanization and industrialization across the globe are anticipated to generate more demand for setting up of novel transmission grids, thereby generating a huge growth potential for gas circuit breaker market over the forthcoming years. In addition, rise in the number of renewable power projects along with massive government funding of power transmission & distribution sector is anticipated to produce lucrative opportunities for gas circuit breaker market

According to Zion Market Research, global demand for Gas Circuit Breaker market is expected to generate revenue of around USD 750 Million by end of 2026, growing at a CAGR of around 5.4% between 2020 and 2026.

Asia Pacific region is likely to dominate the global gas circuit breaker market over the years ahead. North America gas circuit breaker market, is anticipated to demonstrate a remarkable expansion in the forthcoming years.

Some main participants of the Schneider Electric SE, ABB Group, Hyosung Corporation, General Electric, Siemens AG, Hitachi Ltd., Nissin Electric Company Limited , and Toshiba Corporation.
}
Office Address

Corporate Office
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office
3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #
US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com