Market revenue in 2024 | USD 239.6 million |
Market revenue in 2030 | USD 322.8 million |
Growth rate | 5.1% (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 |
Solid state was the largest segment with a revenue share of 58.72% in 2024. Horizon Databook has segmented the Middle East & Africa dc circuit breaker market based on solid state, hybrid covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East and Africa (MEA) region's increasing investment in renewable energy projects drives the growth of the DC circuit breaker market. Countries in the area, such as the United Arab Emirates (UAE), Saudi Arabia, and South Africa, are making substantial investments in solar, wind, and other renewable energy sources to diversify energy sources and reduce dependence on fossil fuels.
These renewable energy systems predominantly generate direct current (DC) power, making DC circuit breakers crucial for protecting solar panels, wind turbines, and energy storage systems.
The need to safeguard these renewable installations from overcurrent and potential faults will continue to drive demand for DC circuit breakers across the region.
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