市場調查報告書
商品編碼
1394211
全球斷路器和熔斷器市場評估:按電壓、類型、最終用戶、地區、機會、預測(2016-2030)Circuit Breaker and Fuse Market Assessment, By Voltage, By Type, By End-user, By Region, Opportunities and Forecast, 2016-2030F |
全球斷路器和熔斷器市場規模預計將從 2022 年的 162 億美元增至 2030 年的 253 億美元,2023-2030 年預測期間複合年增長率為 5.7%。
推動市場成長的因素包括滲透率上升、技術進步、建築活動增加、基礎建設發展、投資增加以及各行業對電氣安全需求的激增。 智慧和環保解決方案的進步也有助於市場擴張,因為它們符合不斷發展的能源效率和環境法規。
智慧功能和自複位功能等保險絲技術的進步正在極大地推動市場成長。 這些創新提高了可靠性、減少了停機時間並提高了安全性,滿足了各行業對高效、複雜的電氣保護解決方案不斷增長的需求。
例如,2022年10月,LittleFuse Inc.推出了eFuse保護IC,它由四種類型的電路保護裝置組成。 這些 IC 採用最先進的設計,提供 3.3 至 28 伏特輸入範圍和整合保護。 此外,這些電子保險絲還提供短路、過流、反向電流等保護。
保護繼電器使用的增加將顯著推動斷路器和熔斷器市場的發展。 此外,由於發電、公用事業和工業應用等各個行業對可靠的自動化保護解決方案的需求不斷增加,市場正在擴大。
2022 年 2 月,ABB 宣布了繼電器改造計劃,旨在將某些 SPACOM 保護繼電器升級到最新的保護和控制技術 REX610。 REX610是一款綜合保護繼電器,旨在適應不斷變化的電網需求,提供多功能、環保且面向未來的解決方案。
空氣斷路器的日益普及正在推動斷路器和熔斷器市場的成長。 這些斷路器在各種應用中都是首選,因為它們提供可靠、有效的保護,防止電氣過載和短路。 它們的適應性、易於維護性和處理高電流的能力有助於不斷增長的市場,特別是在需要最大限度的電氣安全和設備保護的商業和工業領域。
例如,2023年5月,Schneider Electric推出了專為加拿大市場量身定制的最新高壓斷路器EvoPacT。 此增強型解決方案經過精心設計,可滿足基礎設施、大型商業和工業設施、電力密集型企業以及雲端和服務供應商的要求。
不斷增加的電網投資正在為斷路器和熔斷器市場創造重大機會。 這些投資旨在加強配電並確保可靠性和效率。 此外,電網基礎設施的擴張,加上適應再生能源和智慧電網技術的需求,正在推動對電路保護裝置的需求。
例如,2023 年1 月,中國State Grid Corporation宣布將在2023 年投資輸電項目,作為在2021 年至2025 年 "十四五" 期間撥款3,290 億美元的更廣泛承諾的一部分。已公佈的計劃投資770億美元。 此外,重要電力公司China Southern Power Grid已為該項目承諾投資990億美元。 加上當地企業的投資,全國對該領域的投資總額預計將達到 4,420 億美元。
北美已成為斷路器和熔斷器的全球市場領導者,由於強大的工業基礎設施、不斷增長的建築業以及對電氣安全標準日益濃厚的興趣等因素,推動了對電路保護裝置的需求。 Masu。 該地區正在積極投資智慧電網技術和再生能源,進一步支持市場成長。 此外,嚴格的監管合規性和對技術進步的高度重視相結合,使北美近年來處於斷路器和熔斷器市場成長的前沿。
本報告研究和分析了全球斷路器和熔斷器市場,提供市場規模和預測、市場動態以及主要參與者的現狀和前景。
Global circuit breaker and fuse market size was valued at USD 16.2 billion in 2022, which is expected to reach USD 25.3 billion in 2030, with a CAGR of 5.7% for the forecasted period between 2023 and 2030.
Circuit breakers and fuses provide crucial protection by preventing electrical overloads and faults and enhancing safety and safeguarding equipment. The market growth is driven by the rise in adoption rate, technological advancements, increasing construction activities, infrastructure development, rise in investments, and the surge in demand for electrical safety across industries. Additionally, advancements in smart and eco-friendly solutions contribute to market expansion as they meet evolving energy efficiency and environmental regulations.
The technological advancements in fuses, such as smart and self-resetting features, are propelling the market growth exponentially. These innovations enhance reliability, reduce downtime, and improve safety, thereby meeting the growing demand for efficient and sophisticated electrical protection solutions in various industries.
For example, in October 2022, LittleFuse Inc., introduced the eFuse Protection ICs of 4 distinct circuit protection devices. These ICs utilize a modern design which provides a power input range from (3.3 to 28) Volts as well as integrated protection. Additionally, these electronic fuses provide protection against short circuit, overcurrent, reverse current, etc.
The increased utilization of protective relays significantly boost the Circuit Breakers and Fuses Market. Protective relays are vital in monitoring and responding to electrical system abnormalities, such as overcurrent, short circuits, and voltage imbalances. They trigger circuit breakers and fuses to protect equipment and prevent electrical hazards. Moreover, the growing demand for reliable and automated protection solutions in various industries, including power generation, utilities, and industrial applications, is expanding the market.
In February 2022, ABB introduced the Relay Retrofit Program, which aimed to upgrade specific SPACOM protection relays to the latest protection and control technology, REX610. It is an all-inclusive protection relay engineered to adjust to the requirements of advancing power grids, offering a versatile, eco-friendly, and forward-looking solution.
The increased adoption of air circuit breakers drives growth in the circuit breaker and fuse market. These circuit breakers offer reliable and efficient protection against electrical overloads and short circuits, making them a preferred choice in various applications. Their adaptability, ease of maintenance, and ability to handle high currents contribute to market expansion, especially in industrial and commercial sectors, where maximum electrical safety and equipment protection are required.
For example, in May 2023, Schneider Electric unveiled EvoPacT, its latest medium voltage circuit breaker, tailored for the Canadian market. This enhanced solution has been carefully crafted to meet the requirements of infrastructure, sizeable industrial and commercial facilities, power-intensive operations, as well as cloud and service providers.
Increased investments in transmission grids are creating substantial opportunities within the Circuit Breaker and Fuse Market. These investments aim to enhance power distribution, ensuring reliability and efficiency. Moreover, the expansion of grid infrastructure, coupled with the need to accommodate renewable energy sources and smart grid technologies are driving the demand for circuit protection devices.
For example, in January 2023, China's State Grid Corporation announced its plans to invest USD 77 billion in transmission projects in 2023, as part of its broader commitment to allocate USD 329 billion during the entire 14th Five-Year Plan period from 2021 to 2025. In addition, China Southern Power Grid, a significant electric utility, had stated to contribute USD 99 billion to this undertaking. When combined with investments from regional companies, the total national investments in this sector are projected to reach USD 442 billion.
North America has emerged as a leader in the global circuit breaker and fuse market due to factors such as robust industrial infrastructure, a growing construction sector, and increasing focus on electrical safety standards, driving the demand for circuit protection devices. The region has witnessed substantial investments in smart grid technology and renewable energy, further boosting the market growth. Moreover, stringent regulatory compliance, coupled with a strong emphasis on technological advancements, position North America at the forefront of circuit breakers and fuse market growth in recent years.
For example, in March 2022, National Grid and Siemens Energy joined forces in Orlando, Florida, to carry out a state-of-the-art upgrade of a National Grid substation, incorporating Siemens Energy's "Blue circuit breakers", which were designed with fluorinated gas-free technology, clean air insulation, and vacuum switching technology.
Government initiatives are crucial for the market as they promote safety and support sustainable electrical infrastructure. Regulations and standards enforced by governments ensure the use of reliable and certified products, enhancing public and industrial safety. Incentives, such as tax credits for energy-efficient solutions, stimulate innovation in the market. Government investments in infrastructure projects drive market growth. Overall, these initiatives play a pivotal role in maintaining the integrity of electrical systems, reducing electrical hazards, and promoting energy efficiency.
For example, the National Electrical Code (NEC), introduced by the United States government, stated that overcurrent protection is a necessity in every electrical circuit, whether it involves high-voltage transmission lines with substantial amperage or low-voltage lighting circuits with minimal amperage. Moreover, certain devices are designed to safeguard both conductors and equipment from the risks of overloads and short-circuits.
The market witnessed a significant transformation in the COVID-19 pandemic. Pre-COVID-19, the market was on a growth trajectory, driven by urbanization, industrialization, and increased power distribution needs. However, the pandemic disrupted supply chains, causing delays and hindrances in production and construction activities. It resulted in a temporary dip in demand as projects were postponed. In the post-COVID-19 era, the market gradually recovered as construction projects resumed, emphasizing the importance of reliable electrical infrastructure. The pandemic accelerated the adoption of advanced technologies, such as smart and IoT-enabled circuit protection solutions, driven by the increased reliance on technology in remote work and healthcare sectors. The market is now evolving, characterized by enhanced safety and technological integrations.
Global circuit breaker and fuse market is rapidly advancing, marked by major companies boosting their investments in smart meters and circuit breakers. Furthermore, these firms are committing substantial resources to improve their market position and financial performance. They are actively engaging in collaborations, acquisitions, and partnerships, which are redefining the industry's dynamics and accelerating overall market growth.
In October 2023, ABB introduced the SACE Infinitus solid-state circuit breaker, which will have its debut in Japan at the CEATEC 2023 sustainable technology exhibition from October 17 to 20th in Makuhari, Chiba City. The SACE Infinitus represents a groundbreaking achievement as the world's inaugural IEC60947-2 solid-state circuit breaker, playing a pivotal role in ushering in the next era of sustainable energy networks.
All segments will be provided for all regions and countries covered:
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.