Generator Circuit Breaker (GCB) market expected to reach $300 million by the end of 2025

Generator Circuit Breaker market is valued at $270 million in 2018 and is expected to reach $300 million by the end of 2025, growing at a CAGR of 1.4%.

 


The global Generator Circuit Breaker (GCB) market is valued at $270 million in 2018 and is expected to reach $300 million by the end of 2025, growing at a CAGR of 1.4% during 2019-2025.

The report presents an in-depth assessment of the Generator Circuit Breaker (GCB) including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

Generator Circuit Breaker (GCB) is an effective protection device for the transformer and the generator, which connects generator and step-up voltage transformer. As of 2015, around 939 units of generator circuit breaker were sold to power plants from 669 units in 2011. As more and more generators with higher unit capacity are required to be mounted together with GCBs to achieve better reliability, the demand of generator circuit breaker will be increasing.

Generator Circuit Breaker (GCB) top three manufacturers are ABB, Siemens, Schneider, with global production market share as 64.34%, 7.50% and 6.18% in 2016 respectively. Other top profiled manufacturers are: General Electric, Mitsubishi Electric, Eaton, Hitachi, Chinatcs, and NHVS. The regions analyzed are North America, Asia-Pacific, Europe, Central and South America, Middle East and Africa.

Source: Crypto News