China Circuit Protection Market Size & Outlook, 2022-2030
China circuit protection market, 2016-2030 (US$M)
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China circuit protection market highlights
- The China circuit protection market generated a revenue of USD 5,544.0 million in 2022 and is expected to reach USD 9,150.4 million by 2030.
- The China market is expected to grow at a CAGR of 6.5% 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 5,544.0 million |
| Market revenue in 2030 | USD 9,150.4 million |
| Growth rate | 6.5% (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, China accounted for 11.8% 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 Asia Pacific, China circuit protection market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 9,150.4 million by 2030.
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Circuit Protection Market Scope
Circuit Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 22.13% in 2022. Horizon Databook has segmented the China 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.
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Target buyers of China 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China circuit protection market, including forecasts for subscribers. This country databook contains high-level insights into China circuit protection market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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China circuit protection market report size, by product, 2016-2030 (US$M)
China Circuit Protection Market Share, 2022 & 2030 (US$M)
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