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Circuit Breakers Market worth $15,632.3 Million by 2019
The report “Circuit Breakers Market by Application (Non-Residential/Residential, Electronic/Electrical, Transportation (Automotive/Non-Automotive), by Type (SF6, Vacuum, and others), by Voltage (HV, MV & LV), and by Region - Global Trends & Forecast to 2019”, defines and segments the circuit breaker and fuse market with analysis and forecasting of the global revenue.
Browse 69 market data tables and 53 figures spread through 160 pages and in-depth TOC on “Circuit Breakers Market by Application (Non-Residential/Residential, Electronic/Electrical, Transportation (Automotive/Non-Automotive), by Type (SF6, Vacuum, and others), by Voltage (HV, MV & LV), and by Region - Global Trends & Forecast to 2019"
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Circuit Breakers Market size is projected to reach $15,632.3 Million by 2019 at a CAGR of 6.8% from 2014 to 2019
Circuit breakers market is set to grow reasonably in coming years with the growth of western markets. With a growing concern for safety in electronic, electrical, automotive, and telecommunication equipments, the need for advance fuses and circuit breakers has increased considerably. Developing economies in Asia-Pacific, including India, China, and Indonesia are expected to be the fastest growing markets for circuit breakers.
This report breaks and analyses the circuit breakers market into smaller segments, and in order to provide a deeper understanding of the competitive landscape, the report profiles 12. Analysis is also done on the changing regulatory environment and standards as the demands of electronically governed world increase.
The residential building construction segment will post the strongest gains in the circuit breakers market. This will be a considerable improvement from the declines registered during the 2007 to 2012 period. Market expansion will be the result of a major turnaround in residential construction activity taking place in the developing economies and replacement work taking place in developed economies of North America and Europe. The residential market will continue to be dominated by circuit breakers, as these products have replaced fuses in most single unit homes.
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