Canada Circuit Protection Market Size & Outlook, 2022-2030
The circuit protection market in Canada is expected to reach a projected revenue of US$ 3,887.3 million by 2030. A compound annual growth rate of 5.6% is expected of Canada circuit protection market from 2023 to 2030.
Revenue, 2022 (US$M)
$2,518.6
Forecast, 2030 (US$M)
$3,887.3
CAGR, 2023 - 2030
5.6%
Report Coverage
Canada
Canada circuit protection market, 2016-2030 (US$M)
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Canada circuit protection market highlights
- The Canada circuit protection market generated a revenue of USD 2,518.6 million in 2022 and is expected to reach USD 3,887.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.6% from 2023 to 2030.
- In terms of segment, circuit breaker was the largest revenue generating product in 2022.
- HD Pro is the most lucrative product segment registering the fastest growth during the forecast period.
Circuit protection market data book summary
| Market revenue in 2022 | USD 2,518.6 million |
| Market revenue in 2030 | USD 3,887.3 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | Circuit breaker |
| Fastest growing segment | HD Pro |
| Historical data | 2016 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
| Key market players worldwide | ABB Ltd, Bel Fuse Inc Class A, Schneider Electric SE, Mitsubishi Electric Corp, Eaton Corp PLC, Portland General Electric Co, Siemens AG, Rockwell Automation Inc, Larsen & Toubro Ltd DR, NXP Semiconductors NV, Sensata Technologies Holding PLC, Texas Instruments Inc, SCHURTER |
Other key industry trends
- In terms of revenue, Canada accounted for 5.4% of the global circuit protection market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. circuit protection market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 3,887.3 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 |
|---|
Canada 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 21.96% in 2022. Horizon Databook has segmented the Canada 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.
- Canada 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
- Canada Circuit Protection Application Outlook (Revenue, USD Million, 2016-2030)
- Agriculture
- Automotive
- Commercial & Residential Building
- Household Appliances
- HVAC
- Power Generation
- Recreational Vehicle (RV)
- Telecom
- Others
- Canada Circuit Protection Channel Outlook (Revenue, USD Million, 2016-2030)
- OEM
- Retail
- Wholesale
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada circuit protection market, including forecasts for subscribers. This country databook contains high-level insights into Canada circuit protection market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Canada circuit protection market report size, by product, 2016-2030 (US$M)
Canada Circuit Protection Market Share, 2022 & 2030 (US$M)
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