An Incisive, In-depth Analysis on the Gas Circuit Breakers Market
This study offers a comprehensive, 360 degree analysis on the Gas Circuit Breakers market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Gas Circuit Breakers market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
A 1.5x growth to be observed in the global gas circuit breaker market
Gas circuit breaker is mainly used as high voltage current chopping device. Sulphur hexafluoride (SF6) is used to absorb free electron from the disconnector chamber owing to its negative affinity property. Usually fuses, oil circuit breaker etc., are used, however gas circuit breakers are considered as a more efficient means to chop voltage as compared to the conventional methods typically for applications involving medium and high voltages. High voltage applications is the major deployment area for gas circuit breakers.
Future Market Insights has drafted a new research report on global gas circuit breakers market. According to this research report, the global market is expected to grow at a CAGR of 4.6% during the period of forecast to reach a valuation of more than US$ 800 Mn by the end of the year of assessment from a value of around US$ 518 Mn in 2017. Increasing number of government projects for high voltage transmission lines and increasing number of orders for high voltage substations are driving this market. Increasing technological advancements in transmission grids and significant demand for outdoor ultra-high voltage gas circuit breakers for industrial purposes are likely to boost the growth of the global gas circuit breaker market over the period of forecast.
Industrial segment continues to show its dominance throughout the forecast period
The industrial segment in the end use category is expected to grow at a significant pace to reach a high valuation. The use of gas circuit breakers in the industrial sector has been rising since past several years. The increasing adoption of gas circuit breakers has made the industrial segment a highly lucrative one with greater market attractiveness. In 2017, the industrial segment is valued at about US$ 372 Mn and is anticipated to touch a value of more than US$ 580 Mn by the end of the year of assessment (2027). This rise in value is accompanied by moderate growth of the segment. The industrial segment is projected to rise at a CAGR of 4.6% throughout the period of assessment.
Gas circuit breakers to witness less adoption in the residential sector
Typically residential sector is marked with low to medium voltages. Gas circuit breakers are typically used to chop voltages that range from medium to high magnitudes. The use of gas circuit breakers in the industrial sector is less compared to industrial sector where huge power surges are prevalent. The residential segment, is thereby expected to show sluggish growth rate throughout the period of assessment. It is poised to register a low value CAGR of 3.9% during the said period. The residential segment reflects a market valuation of US$ 40 Mn in 2017 and is estimated to reach a value bit under US$ 59 Mn by the end of the year of assessment.
Regional understanding of various end use segments
In the North America gas circuit breaker market, the industrial segment reflects a value a bit under US$ 90 Mn in 2017. In the Western Europe gas circuit breaker market, the residential segment is expected to reflect higher growth rate than the industrial segment and is poised to register a 3.3% value CAGR throughout the forecast period. Asia Pacific excluding Japan (APEJ) region also reflects high growth potential for the global market. In the Asia Pacific excluding Japan (APEJ) gas circuit breaker market, the industrial segment is projected to reach a noteworthy value CAGR of 5.6% during the 2017-2027 timeline.
The comprehensive research report titled “Gas Circuit Breaker Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” supports the reader by assisting in chalking key strategies with a view to maintain the correct rhythm with the changing market scenarios in the present timeline as well as in future. The in-depth research report on gas circuit breaker market delivers value by providing relevant market insights that can give a clear market direction to achieve strategic advantage in the future.
A rock solid research methodology
Secondary research is carried out extensively in the initial phase of the research process. This research helps the analysts to sketch a rough figure of the overall market and get an understanding of the market scenario covering all the angles of the market. Additionally, an extensive primary research is carried out and opinions from the key industry experts, market observers, etc. are obtained. The data obtained from these three arms is triangulated to obtain single data point as well as maximum accuracy. The data so gathered also undergoes re-evaluation during the primary interviews, wherein each data point is cross checked several times, and re-validated data is obtained which is near to 100 percent accuracy. This research process enhances the credibility of the researched material which enables the reader to make decisions form the actionable insights given in the study.
In-depth analysis at your doorstep
The research report in global gas circuit breaker market focuses on the major trends, restraints, opportunities, threats, challenges, growth drivers, etc., across important geographies of North America, Western Europe, Eastern Europe, Latin America, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA). It presents an unbiased view of the entire market by putting forth a realistic picture considering all angles including end user and competition across the globe. It becomes imperative to present the statistical data in the research report in a logical format to understand the pulse flowing through the market. Moreover, deep diving in the segments involved along with following a strong data mining process enables to sketch the possible future market direction and a complete scenario of the global gas circuit breaker market with valuable insights and expert opinions can deliver need based solutions. The research on the global gas circuit breaker market is carried out keeping a predefined purpose having lucidity about the market, and involves appropriate statistical data based on a clear market definition.
Competitive Dashboard
A dedicated chapter on competitive landscape focusing on key players in gas circuit breaker is included in this research report. It uncovers major facets of the competition such as product portfolio analysis, pricing strategies, marketing strategies, promotion tactics, expansion plans, geographical spread, recent developments and innovations, mergers and acquisitions, key strategies, revenue, market shares, key personnel, other key financials etc. The companies included in this section are those which have enormous hold on the market and studying their tactics can definitely help the upcoming players to move up the ladder uncovering their milestones.
Market Segmentation
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By Voltage Rating |
By Configuration |
By Technology |
By End Use |
By Region |
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