Growing investments in power generation and transmission, infrastructure development, and industrialization are expected to drive market expansion in the near future at a CAGR of 5.00% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Circuit Breaker for Equipment Market” that contains information from 2018 to 2032. The circuit breaker for equipment market is estimated to register a CAGR of 5.00% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global circuit breaker for equipment market— ABB, Brunswick Corporation, Eaton, IDEC Corporation, Siemens, Phoenix Contact, Schneider Electric, Schurter, GE, Littelfuse, Murrelektronik, Legrand, Square D, American Electrical, and Others.

Circuit Breaker Equipment Market Highlights

The global circuit breaker for the equipment market is expected to register a CAGR of 5.00% during the forecast period and is estimated to reach USD XX billion by 2032.

The requirement for improved safety and dependability in various electrical and electronic equipment is the main reason propelling the market for circuit breakers in equipment. Circuit breakers are essential for maintaining equipment functionality and averting harm by shielding it from overloads, short circuits, and other electrical problems. Additionally, adopting modern circuit breaker technologies may need to be improved by the initial expenditures involved, particularly those combining clever features and creative designs. 

Excessive upfront costs deter end users from replacing their current gear, hindering market expansion. Furthermore, ongoing grid modernization programs, which attempt to upgrade aging electrical infrastructure, make Advanced circuit breakers possible. Complex circuit protection solutions are becoming increasingly necessary due to these activities integrating smart technology, renewable energy sources, and enhanced grid resilience. 

Moreover, owing to their significant potential to cause global warming, several compounds used in circuit breakers, like sulfur hexafluoride (SF6), have caused environmental concerns. Manufacturers may need help if rising regulatory scrutiny and environmental concerns force them to alter product designs and materials.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Circuit Breaker for Equipment Market Trends

Segment Analysis

The global circuit breaker for equipment market has been segmented based on type and application.

The market is segmented based on type into socket mount, chassis, and rear mount. The socket mount segment was attributed to holding the largest market share in 2022.  One of its main uses is the protection against overcurrent that socket mount circuit breakers offer. To protect linked devices from damage and improve local electrical safety, these devices are made to trip and break the electrical circuit when there is an excessive current. 

The chassis segment is expected to grow the fastest during the forecast period. Power distribution units in data centers and telecommunications facilities frequently use chassis mount circuit breakers. By protecting specific circuits, these circuit breakers aid in avoiding disruptions and harm to vital IT hardware.

Based on application, the global circuit breaker for equipment market has been segmented into automotive, heavy industrial, general industrial, construction, and others. The heavy industrial segment was expected to hold the largest market share in 2022. Transformers are essential in heavy industrial applications to distribute power and regulate voltage. Circuit breakers shield Transformers from overloads and faults, which helps preserve these important assets. 

The construction category is the fastest growth. Electrical power is necessary for lighting, HVAC systems, and office equipment in construction offices and trailers. Circuit breakers safeguard the electrical circuits in these makeshift buildings, guaranteeing a dependable and secure power source.

Regional Analysis

Based on region, the global circuit breaker for equipment market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The European circuit breaker for equipment market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The circuit breaker for equipment market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World circuit breaker for equipment market comprises the Middle East, Africa, and Latin America.

The North American regional sector maintained the largest market share for circuit breaker equipment. Research and innovation in technology are centered in North America. Digitalization, IoT integration, and smart grid technologies are all advancing in the region. The capabilities of contemporary circuit breakers, particularly those with intelligent features, align with these technological advancements driving market expansion.

Moreover, the Europe market has been persistently growing over the forecast period. The strict environmental standards of the European Union (EU) are well-known. Adopting environmentally friendly circuit breaker technologies, emphasizing lowering greenhouse gas emissions, is driven by compliance with these requirements. This change aligns with the market's trend towards more environmentally friendly options.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The growth of EV charging infrastructure is propelled by the growing use of electric vehicles in nations like China. This infrastructure needs sophisticated circuit breakers to facilitate safe and effective charging, which presents growth prospects for the industry.

Furthermore, the rest of the world's circuit breaker for equipment market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising government initiatives and policies, the mining and extractive industries, the smart grid initiatives, and investments in the fuel and gas sector, all contributing to the market expansion.

Key Findings of the Study

• The global circuit breaker for equipment market is expected to reach USD XX billion by 2032, at a CAGR of 5.00% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market because the region's governments are actively funding infrastructure improvements and efforts to modernize the electricity grid. These expenditures support market growth and foster an atmosphere conducive to adopting contemporary circuit breakers.


• Based on application, the heavy industrial segment was attributed to holding the largest market in 2022.


• ABB, Brunswick Corporation, Eaton, IDEC Corporation, Siemens, Phoenix Contact, Schneider Electric, Schurter, GE, Littelfuse, Murrelektronik, Legrand, Square D, American Electrical, and Others.