Global Circuit Protection Market Size & Outlook
The circuit protection industry worldwide is expected to reach a projected revenue of US$ 72,677.4 million by 2030. A compound annual growth rate of 5.6% is expected of the worldwide circuit protection industry from 2023 to 2030.
Revenue, 2022 (US$M)
$46,844.8
Forecast, 2030 (US$M)
$72,677.4
CAGR, 2023 - 2030
5.6%
Report Coverage
Worldwide
Global circuit protection market, 2016-2030 (US$M)
Related Markets
Global circuit protection market highlights
- The global circuit protection market generated a revenue of USD 46,844.8 million in 2022 and is expected to reach USD 72,677.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.6% by 2030.
- In terms of segment, circuit breaker accounted for a revenue of USD 10,196.1 million in 2022.
- HD Pro is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 46,844.8 million |
| Market revenue in 2030 | USD 72,677.4 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | Circuit breaker |
| Fastest growing segment | HD Pro |
| Historical data covered | 2016 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Circuit Breaker, Fuse, GFCI, HD Pro, Inrush Current Limiter, Mobile Power Protection, Overvoltage Protection, PTC Devices |
Other key industry trends
- In terms of revenue, the North America accounted for 35.3% of the global circuit protection market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 17,383.1 million by 2030.
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Circuit Protection Market Scope
Circuit protection market segmentation & scope
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Circuit Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global circuit protection market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to circuit protection market will help companies and investors design strategic landscapes.
circuit breaker was the largest segment with a revenue share of 21.77% in 2022. Horizon Databook has segmented the Global circuit protection market based on circuit breaker, fuse, gfci, hd pro, inrush current limiter, mobile power protection, overvoltage protection, ptc devices covering the revenue growth of each sub-segment from 2016 to 2030.
- Global Circuit Protection Product Outlook (Revenue, USD Million, 2016-2030)
- Circuit Breaker
- Low Current
- High Current
- Fuse
- Fast Acting
- Slow Blow
- GFCI
- Adapters
- In-line Cord Sets
- Quad Boxes
- Panel Mount
- Right Angle Cord Sets
- User Attachable
- Others
- HD Pro
- High Power Inline/Bulkhead GFCI
- High Power Inline/Bulkhead ELCI
- High Power Inline/Bulkhead EGFPD
- Inrush Current Limiter
- Mobile Power Protection
- Automatic Transfer Switch
- Battery Control Center
- Inverter
- Load Center
- Others
- Overvoltage Protection
- Crowbar Devices
- ESD Protector
- Gas Discharge Tubes (GDT)
- Metal Oxide Varistors (MOV)
- Surge Protection Device (SPD)
- Others
- PTC Devices
- Ceramic
- Polymeric
- Circuit Breaker
- Global Circuit Protection Application Outlook (Revenue, USD Million, 2016-2030)
- Agriculture
- Automotive
- Commercial & Residential Building
- Household Appliances
- HVAC
- Power Generation
- Recreational Vehicle (RV)
- Telecom
- Others
- Global Circuit Protection Channel Outlook (Revenue, USD Million, 2016-2030)
- OEM
- Retail
- Wholesale
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Target buyers of Global circuit protection market databook
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Our clientele includes a mix of circuit protection market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global circuit protection market, including forecasts for subscribers. This global databook contains high-level insights into Global circuit protection market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Global circuit protection market report statistics, by regions, 2016-2030 (US$M)
Top 10 countries: Circuit protection market report size, 2022 (USD Million)
Top 10 countries: Circuit protection market report size, 2022 (USD Million)
Global circuit protection market, by region, 2022 (US$M)
Related regional statistics
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