Circuit breakers, fuses – market leaders, industry trends
U.S. demand for circuit breakers and fuses will rise 5.5% yearly to $5.1 billion in 2017. The residential construction market will lead gains, driven by a rebound in new housing activity. Circuit breakers will outpace fuses as power breakers benefit from electrical grid updates and greater use by independent power producers and nonutility generators.
Residential, the fastest growing market
Healthy gains are forecast to continue in the electric power market, the largest end user of circuit breakers and fuses. Ongoing efforts to update the US electrical grid will support gains, as will the continued adoption of wind and solar power. Residential construction will post the fastest gains of any market, growing 8.4 percent per year to $290 million in 2017. Market expansion will be the result of a major turnaround in residential construction activity, with spending increases of 14 percent annually forecast through 2017. The residential market will continue to be dominated by circuit breakers.
Circuit breaker sales to outpace fuse sales
Circuit breaker sales will outpace fuse sales through 2017. Power circuit breakers will post the strongest gains of any individual product category, growing 6.3 percent per year during that timeframe. Demand for power circuit breakers will be driven by efforts to update the US electrical grid, as well as by the increasing utilization of these products by independent power producers and nonutility generators. Furthermore, technological advances will support sales of higher value power circuit breakers. New construction applications will continue to be the dominant source of circuit breaker and fuse demand. Sales increases in this segment will outpace those forecast in both original equipment manufacturing and maintenance/repair/operations applications. Rebounding building construction activity and continued increases in electric utility construction will support gains.
The study analyzes the $3.9 billion U.S. circuit breaker and fuse industry. It presents historical demand data for 2002, 2007 and 2012, and forecasts for 2017 and 2022 by product (for example, molded case circuit breakers, power circuit breakers, high-power, cartridge, plug, and electronic fuses) and market (for example, electric power, nonresidential building construction, machinery, electronic equipment, residential building construction, nonautomotive transportation equipment, automotive, electrical equipment).
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 23 industry players, including Eaton, General Electric, and Schneider Electric.
For more information, see Circuit Breakers & Fuses
Global and Chinese circuit protection industry 2014
The report introduces circuit protection component basics including a definition, an industry overview, international market analysis, the Chinese domestic market analysis, and an economic analysis. It also provides information on the manufacturing process, cost structure and statistics. The global and Chinese key manufacturers with capacity production market share are supplied. The upstream raw materials and down-stream analysis for circuit protection component marketing channels are listed. Get more information at Global and China circuit protection industry 2014
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