Circuit Breakers Industry with History - Brazil Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2021
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| Circuit Breakers |
Albany, New York, Apr 13, 2017
"Circuit
Breakers Market - Brazil Industry Analysis, Size, Share, Growth,
Trends and Forecast 2017 - 2021"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
Circuit
breakers are electric switches that protect an electrical circuit or
electrical distribution systems from damage caused by overload,
abnormal voltage fluctuation or short circuit. These devices are used
to detect malfunction and interruption in current flow. The Brazilian
market for circuit breakers by voltage level is segmented into low
voltage, medium voltage and high voltage. By arch quenching media,
the circuit breakers market is bifurcated into air, vacuum, SF6, and
others (CO2, DCB, and oil). Circuit breakers are used in
construction, automotive, industrial, oil and gas, power generation
industries and others (healthcare, mining and food & beverages).
Manufacturers of circuit breakers are significantly investing in
research and development activities for innovation in latest
technologies.
Growth
in industrial and construction activities is primarily driving the
circuit breakers market in Brazil. Circuit breakers are widely used
in residential and commercial construction projects. This increase in
demand is driven by large spending on projects related to housing,
rail transport, roads, water supply, airport development, and ports.
From a policy perspective, the boom of private-public partnerships
(PPP) in Brazil has decreased complexities regarding project
financing and delay in project completion in infrastructure and
construction sectors. Increased focus on efficient and reliable power
transmission and distribution coupled with installation of new energy
infrastructure in emerging economies such as Brazil are likely to
boost the circuit breakers market during the forecast period. In
Brazilian utilities sector, electric distribution systems are
vulnerable to failure due to power fluctuations and harsh environment
conditions; hence, government is taking help of leading circuit
breaker vendors to deploy circuit breakers at different voltage level
to ensure steady power supply across the country.
Electric vehicles, smart meters, and solar energy
are estimated to be the emerging markets for circuit breakers. There
is a need for circuit breakers to protect devices from overheating,
right from window lift motors to cooling fans in automation devices.
Usage of smart grids helps update electric grids with reliability and
efficiency. Persistent adoption of smart grid technologies is
expected to provide growth opportunities for the circuit breakers
market during the forecast period.
However, growth opportunities for the Brazilian
low voltage switchgear and circuit breakers market have been
restricted due to increase in counterfeits and illegal copying of
patented technology. These counterfeited switchgears are of poor
quality and less reliable. Chances of fire accidents get increased
while using these fake switchgears and circuit breakers in chemical
plants, public utility sectors, and the oil and gas industry.
Furthermore, the major trends which lifted the economy of Brazil
during the past decade are gradually losing stream and are unable to
sustain growth over the long term. Both government and private
consumption are increasing, but most of it has been driven by taxes
and debt.
The research report on the circuit breakers market
in Brazil offers detailed analysis of circuit breakers products and
helps to understand the driving forces behind the popularity of this
market. Detailed analysis of major segments and sub-segments of the
Brazilian circuit breakers market are provided for the next six
years. Moreover, the report includes exhaustive analysis of the
drivers, restraints, market trends and future outlook of the
industry. The strategies and imperatives of stakeholders for
succeeding in the business have been comprehensively assessed in the
report. The market has been segmented on the basis of voltage level,
arc quenching media and applications.
Some of the leading players in the circuit
breakers market are General Electric (U.S.), ABB Ltd. (Switzerland),
Pennsylvania Breaker, LLC (U.S.), Schneider Electric SE (France),
Alstom S.A. (France), G&W Electric Company (U.S.), Eaton
Corporation (Ireland), Toshiba Corporation (Japan), Mitsubishi
Electric (Japan), Siemens AG (Germany), Maxwell Technologies (U.S.)
and WEG S.A. (Brazil).
** The report segments the circuit breakers
market as:
– Brazil Circuit Breakers Market by
Voltage Level
- Low Voltage
- Medium Voltage
- High Voltage
– Brazil Circuit Breakers Market by Arc
Quenching Media
- Air
- Vacuum
- SF6
- Others
– Brazil Circuit Breakers Market by
Application
- Construction
- Automotive
- Industrial
- Oil and Gas
- Power Generation
- Others
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