Thermal Magnetic Circuit Breakers Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: E-T-A, Rockwell Automation, Eaton, ABB, GE Industrial, Schurter, Phoenix Contact

Registering a CAGR of 7.8% over the forecast period, the market value of Thermal Magnetic Circuit Breakers is expected to reach US$ 9700 million in the year 2027.

Thermal Magnetic Circuit Breakers Market Overview

Thermal magnetic circuit breakers are devices that protect circuits from overcurrent. Thermal magnetic circuit breakers are made up of thermal-magnetic trip units that automatically determine when to open the contact. The trip unit contains elements that detect heat dissipation caused by an overload condition and automatically disconnect the switch.

Industrial manufacturing has emerged as an appealing sector for investment by companies all over the world. Thermal magnetic circuit breakers are widely used in this industry for motor control centers, process control, and other industrial applications. Power generation industries are increasing their demand for thermal-magnetic circuit breakers. This is due to increased investment in renewable energy sources such as solar and wind, which raises the need for protection against voltage surges or high currents during sudden shutdowns that may result in power outages.

Furthermore, thermal magnetic circuit breakers protect motor control centers from fault currents using the magnetic protection function. As a result, the increased use of thermal-magnetic circuit breakers in motor control centers is expected to propel the global thermal magnetic circuit breakers market during the forecast period.

The report aspects discussed the profile of the top manufacturers of the global Thermal Magnetic Circuit Breakers market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Thermal Magnetic Circuit Breakers Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Who are the Major Players in the Thermal Magnetic Circuit Breakers Market?

The global Thermal Magnetic Circuit Breakers include the identification and analysis of the various market participants competing in the global market. Prominent competitors include E-T-A, Rockwell Automation, Eaton, ABB, GE Industrial, Schurter, Phoenix Contact, Square D, TE Connectivity, Schneider Electric, Carlingswitch, Hager, Entek Electric, Carling Technologies, Cooper Bussmann, Weidmuller, Altech, Siemens, Federal Elektrik and others.

Industry News and Updates:

Eaton will purchase a 50% stake in Jiangsu Huineng Electric Co., Ltd.'s circuit breaker business on

July 5, 2022--Eaton (NYSE: ETN) announced the completion of its acquisition of a 50% stake in Jiangsu Huineng Electric Co., Ltd.'s (Huineng) circuit breaker business. Huineng manufactures and markets low-voltage circuit breakers in China.

"This strategic relationship represents an important milestone in Eaton's growth strategy," said Howard Liu, Eaton's president of the Asia-Pacific Region, Electrical Sector. "By combining application-tailored products with our global distribution channels, we are well positioned to capitalize on opportunities in high-growth market segments such as renewable energy, grid modernization, commercial buildings, and industrial."

What are the major Applications, Types, and Regions for the Thermal Magnetic Circuit Breakers Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Single-pole Thermal Magnetic Circuit Breakers


• Multi-pole Thermal Magnetic Circuit Breakers

By Application, it is segmented into

• Network


• Power Generation


• Telecom & Communications


• Home Appliance


• Industrial/Commercial


• Others

Thermal Magnetic Circuit Breakers Market Regional Analysis

North America is expected to dominate the global thermal magnetic circuit breakers market for the duration of the forecast period, owing to increased automation and ongoing technological advancements in the region's semiconductor industry.

During the forecast period, the thermal magnetic circuit breakers market in Europe and Asia Pacific is expected to grow at a rapid pace. The market in Latin America and the Middle East and Africa, on the other hand, is expected to grow at a slower pace during the forecast period.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Thermal Magnetic Circuit Breakers Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Thermal Magnetic Circuit Breakers Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Thermal Magnetic Circuit Breakers Market report scope?

Scope of the Report covers Thermal Magnetic Circuit Breakers Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Thermal Magnetic Circuit Breakers Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Report Attributes	Report Details
Report Title	Thermal Magnetic Circuit Breakers Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: E-T-A, Rockwell Automation, Eaton, ABB, GE Industrial, Schurter, Phoenix Contact
Forecast Period 2022 to 2027 CAGR	CAGR of 7.8% over the forecast period (2022-2027)
By Type	Single-pole Thermal Magnetic Circuit Breakers Multi-pole Thermal Magnetic Circuit Breakers
By Application	Network Power Generation Telecom & Communications Home Appliance Industrial/Commercial Others
By Companies	E-T-A, Rockwell Automation, Eaton, ABB, GE Industrial, Schurter, Phoenix Contact, Square D, TE Connectivity, Schneider Electric, Carlingswitch, Hager, Entek Electric, Carling Technologies, Cooper Bussmann, Weidmuller, Altech, Siemens, Federal Elektrik
Regions Covered	North America Europe Asia-Pacific Rest of the World
Countries Covered	US Canada Germany France UK Italy Spain Rest of Europe China Japan India Australia South Korea Rest of Asia-Pacific Middle East & Africa Latin America
Base Year	2022
Historical Year	2017 to 2021
Forecast Year	2022 to 2027
Number of Pages	162
Customization Available	Yes, the report can be customized as per your needs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Key Takeaways from this Thermal Magnetic Circuit Breakers Report

• Evaluate Thermal Magnetic Circuit Breakers market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Thermal Magnetic Circuit Breakers market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Thermal Magnetic Circuit Breakers Market is studied from 2017 - 2027.

What is the growth rate of the Thermal Magnetic Circuit Breakers Market?

The Thermal Magnetic Circuit Breakers Market is growing at a CAGR of 7.8% over the next 5 years.

Who are the key players in Thermal Magnetic Circuit Breakers Market?

E-T-A, Rockwell Automation, Eaton, ABB, GE Industrial, Schurter, Phoenix Contact, Square D, TE Connectivity, Schneider Electric, Carlingswitch, Hager, Entek Electric, Carling Technologies, Cooper Bussmann, Weidmuller, Altech, Siemens, Federal Elektrik

What regions does this Thermal Magnetic Circuit Breakers Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Thermal Magnetic Circuit Breakers Market?

Single-pole Thermal Magnetic Circuit Breakers, Multi-pole Thermal Magnetic Circuit Breakers

What are the major end-use applications of Thermal Magnetic Circuit Breakers Market?

Network, Power Generation, Telecom & Communications, Home Appliance, Industrial/Commercial, Others

 

All our reports are custom-made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.