North American High-Voltage Circuit Breaker Market, Forecast to 2024

North American High-Voltage Circuit Breaker Market, Forecast to 2024

Cumulative High-voltage Circuit Breaker Sales to Exceed 40,000 Units by 2024

RELEASE DATE
06-Dec-2018
REGION
North America
Research Code: K2DA-01-00-00-00
SKU: EG02024-NA-MR_23686
$4,950.00
In stock
SKU
EG02024-NA-MR_23686
$4,950.00
DownloadLink

Pay by invoice

ENQUIRE NOW

Description

The North American high-voltage circuit breaker market has been analyzed on the basis of the voltage classes: 72.5kV, 115kV, 123kV, 145kV, 170kV, 245kV, 352kV, 550kV, and 800kV. The report is segmented based into the sub-transmission (72.5kV) and transmission (greater than 72.5kV) segments. Based on the construction type, the circuit breaker market is segmented into live tank and dead tank circuit breakers.


Research Highlights

The geographical region covered in this report includes only the United States and Canada. The revenue reported in this report includes circuit breakers that are sold in North America only. The report does not include revenue generated out of refurbished or retrofitted circuit breakers in the region. Breakers sold to all end users have been considered for revenue calculation.

Growing renewable energy investment is driving significant investments in utility infrastructures, like the transmission and distribution networks. The market is forecasted to grow at a compound annual growth rate (CAGR) of 3.1% from 2017 to 2024. Market growth is driven by the replacement of aged grid infrastructure and growing weather related incidents. Most of the transmission and distribution infrastructure in the United States is aged. Moreover, in 2017, the United States witnessed 16 separate billion dollar weather and climate disasters including floods, cyclones, and storms. Some of the challenges in the industry include flat power demand and the need to refurbishment of aged equipment, which slow the pace of the market growth. Technology, price, and customer relationships are among the top preferences for utilities and industrial customers when it comes to selecting a supplier. In 2018, the US government has increased the import tariff by 25% for steel imported from countries outside North America. Following the increase in tariffs on steel and copper, the prices of raw materials are expected to increase, which in turn could adversely affect the purchasing decisions of cash constrained utilities and industries. These end users could opt for retrofitting or refurbishing circuit breakers to prolong their life, as a cheaper option to buying new circuit breakers.

Key Issues Addressed

  • Is the market growing, how long will it continue to grow, and at what rate?
  • Are the existing competitors structured correctly to meet customer needs?
  • Which construction type will grow faster across the globe and why?
  • What are the growth opportunities in the market for traditional Original Equipment Manufacturers (OEM)?
  • Are the vendors in the space ready to go it alone, or do they need partnerships to take their businesses to the next level?

Author: Rajalingam Arikaarampalayam Chinnasamy

 

Table of Contents

Key Findings

Key Findings (continued)

Market Engineering Measurements

Market Engineering Measurements (continued)

CEO’s Perspective

Associated Multimedia

Market Definitions

Key Questions this Study will Answer

Market Segmentation

Market Distribution Channels

Market Drivers

Drivers Explained

Drivers Explained (continued)

Drivers Explained (continued)

Drivers Explained (continued)

Market Restraints

Restraints Explained

Restraints Explained (continued)

Market Engineering Measurements

Market Engineering Measurements (continued)

Forecast Assumptions

Revenue and Unit Shipment Forecast

Revenue and Unit Shipment Forecast Discussion

US Wind Farm Hotspots

Revenue Forecast by Insulation Type

Revenue Forecast by Insulation Type Discussion

Revenue Forecast by Construction Type

Percent Revenue Forecast by Country

Revenue Forecast by Country

Revenue Forecast by Country Discussion

Revenue Forecast by Country Discussion (continued)

Revenue Forecast by Vertical Market

Revenue Forecast Discussion by Vertical Market

Revenue Forecast Discussion by Vertical Market (continued)

Market Share

Market Share Analysis

Market Share Analysis (continued)

Competitive Environment

ABB

Siemens

Mitsubishi Electric

General Electric (GE)

Hitachi

Growth Opportunity—Eco-friendly Gas

Growth Opportunity—Mergers and Acquisitions

Growth Opportunity—Smart Devices and Data Analytics

Strategic Imperatives for Success and Growth

Sub-transmission Segment Key Findings

Market Engineering Measurements

Revenue Forecast

Revenue Forecast Discussion

Transmission Segment Key Findings

Market Engineering Measurements

Revenue Forecast

Revenue Forecast Discussion

The Last Word—3 Big Predictions

Legal Disclaimer

Market Engineering Methodology

Partial List of Companies Interviewed and in “Others” Category

Learn More—Next Steps

List of Exhibits

List of Exhibits (continued)

The North American high-voltage circuit breaker market has been analyzed on the basis of the voltage classes: 72.5kV, 115kV, 123kV, 145kV, 170kV, 245kV, 352kV, 550kV, and 800kV. The report is segmented based into the sub-transmission (72.5kV) and transmission (greater than 72.5kV) segments. Based on the construction type, the circuit breaker market is segmented into live tank and dead tank circuit breakers.--BEGIN PROMO--

Research Highlights

The geographical region covered in this report includes only the United States and Canada. The revenue reported in this report includes circuit breakers that are sold in North America only. The report does not include revenue generated out of refurbished or retrofitted circuit breakers in the region. Breakers sold to all end users have been considered for revenue calculation.

Growing renewable energy investment is driving significant investments in utility infrastructures, like the transmission and distribution networks. The market is forecasted to grow at a compound annual growth rate (CAGR) of 3.1% from 2017 to 2024. Market growth is driven by the replacement of aged grid infrastructure and growing weather related incidents. Most of the transmission and distribution infrastructure in the United States is aged. Moreover, in 2017, the United States witnessed 16 separate billion dollar weather and climate disasters including floods, cyclones, and storms. Some of the challenges in the industry include flat power demand and the need to refurbishment of aged equipment, which slow the pace of the market growth. Technology, price, and customer relationships are among the top preferences for utilities and industrial customers when it comes to selecting a supplier. In 2018, the US government has increased the import tariff by 25% for steel imported from countries outside North America. Following the increase in tariffs on steel and copper, the prices of raw materials are expected to increase, which in turn could adversely affect the purchasing decisions of cash constrained utilities and industries. These end users could opt for retrofitting or refurbishing circuit breakers to prolong their life, as a cheaper option to buying new circuit breakers.

Key Issues Addressed

  • Is the market growing, how long will it continue to grow, and at what rate?
  • Are the existing competitors structured correctly to meet customer needs?
  • Which construction type will grow faster across the globe and why?
  • What are the growth opportunities in the market for traditional Original Equipment Manufacturers (OEM)?
  • Are the vendors in the space ready to go it alone, or do they need partnerships to take their businesses to the next level?

Author: Rajalingam Arikaarampalayam Chinnasamy

 

More Information
No Index No
Podcast No
Author Rajalingam Chinnasamy
Industries Energy
WIP Number K2DA-01-00-00-00
Is Prebook No
GPS Codes 9851,9852