Europe Dc Circuit Breaker Market Size & Outlook, 2024-2030
Europe dc circuit breaker market, 2018-2030 (US$M)
Europe dc circuit breaker market highlights
- The Europe dc circuit breaker market generated a revenue of USD 907.2 million in 2024.
- The market is expected to grow at a CAGR of 9.2% from 2025 to 2030.
- In terms of segment, solid state was the largest revenue generating type in 2024.
- Solid State is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 907.2 million |
| Market revenue in 2030 | USD 1,537.1 million |
| Growth rate | 9.2% (CAGR from 2025 to 2030) |
| Largest segment | Solid state |
| Fastest growing segment | Solid State |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid State, Hybrid |
| Key market players worldwide | ABB Ltd, Larsen & Toubro Ltd DR, Mitsubishi Electric Corp, Rockwell Automation Inc, Eaton Corp PLC, Siemens AG, Fuji Electric Co Ltd, Powell Industries Inc, Schneider Electric SE |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.7% of the global dc circuit breaker market in 2024.
- 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 3,075.4 million by 2030.
Solid state was the largest segment with a revenue share of 54.11% in 2024. Horizon Databook has segmented the Europe dc circuit breaker market based on solid state, hybrid covering the revenue growth of each sub-segment from 2018 to 2030.
The proliferation of electric vehicles (EVs) and the accompanying expansion of EV charging infrastructure drive Europe's DC circuit breaker market. As countries across the region accelerate their efforts to reduce greenhouse gas emissions from transportation, the adoption of EVs is growing rapidly.
These breakers protect the charging equipment and the vehicle battery from overcurrent or short circuits, ensuring user safety and system reliability.
Electric vehicles accounted for 14.6% of new car registrations in 2023, highlighting the continued rapid growth in electric vehicle adoption across the EU.
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DC Circuit Breaker Market Scope
DC Circuit Breaker Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe dc circuit breaker market size, by country, 2018-2030 (US$M)
Europe DC Circuit Breaker Market Outlook Share, 2024 & 2030 (US$M)
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