Latin America Circuit Protection Market Size & Outlook
Latin America circuit protection market, 2016-2030 (US$M)
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Latin America circuit protection market highlights
- The Latin America circuit protection market generated a revenue of USD 1,920.6 million in 2022.
- The market is expected to grow at a CAGR of 6.1% from 2023 to 2030.
- In terms of segment, circuit breaker was the largest revenue generating product in 2022.
- PTC Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2022 | USD 1,920.6 million |
| Market revenue in 2030 | USD 3,076.7 million |
| Growth rate | 6.1% (CAGR from 2022 to 2030) |
| Largest segment | Circuit breaker |
| Fastest growing segment | PTC Devices |
| 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 |
| 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, Latin America region accounted for 4.1% of the global circuit protection market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 27,714.3 million by 2030.
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Circuit Protection Market Scope
Circuit Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 22.24% in 2022. Horizon Databook has segmented the Latin America 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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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 continent-level data and insights on the Latin America circuit protection market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America circuit protection market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America circuit protection market
Latin America Circuit Protection Market Share, 2022 & 2030 (US$M)
Latin America circuit protection market
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