Tuesday, 02 January 2024 12:17 GMT

Low Voltage Circuit Breaker Market Size To Hit $33.38 Billion By 2035 SNS Insider


(MENAFN- GlobeNewsWire - Nasdaq) The United States low voltage circuit breaker market was valued at USD 4.07 billion in 2025 and is projected to grow at a 10.64% CAGR from 2026 to 2035, reaching USD 11.18 billion. Growth is driven by rising investments in residential and commercial construction and expanding infrastructure development nationwide.

Austin, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Low Voltage Circuit Breaker Market Size & Growth Insights:

According to the SNS Insider,“The Low Voltage Circuit Breaker Market Size was valued at USD 13.13 billion in 2025 and is expected to reach USD 33.38 billion by 2035 and grow at a CAGR of 9.78 % over 2026-2035.”

Impact of Urbanization and Infrastructure Expansion on Low-Voltage Circuit Breaker Demand Drives Market Expansion

One of the main reasons influencing the need for low-voltage circuit breakers is the rapid expansion of urban infrastructure and urbanization. The need for energy in residential, commercial, and industrial structures rises as cities grow. The need for low-voltage circuit breakers as a safety and protection measure at electrical installations and new construction is increased by the rise in power consumption. These circuit breakers play a vital role in preventing damage to costly equipment and preserving fire safety by shielding circuits from overloads, short circuits, and other electrical problems. Increased urbanization results in the construction of more public, commercial, and residential infrastructure, all of which use the most electricity. In industrial settings, low voltage circuit breakers are also crucial for safeguarding against costly equipment damage or fusing to preserve the power supply.

Market Size and Growth Projections:

  • Market Size in 2025: USD 13.13 Billion
  • Market Size by 2035: USD 33.38 Billion
  • CAGR: 9.78% from 2026 to 2035
  • By Type: Miniature Circuit Breaker held the largest share of 50% in 2025
  • In 2025, Asia-Pacific dominates the market with 38% revenue share

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Leading Market Players with their Product Listed in this Report are:

  • ABB
  • Schneider Electric
  • Mitsubishi Electric Corporation
  • Siemens AG
  • Eaton Corporation
  • Shanghai Liangxin Electrical Co., Ltd
  • DELIXI
  • Hangshen Electric
  • CHINT Group
  • Hyundai Electric and Energy Systems Co., Ltd
  • Fuji Electric FA Component and Systems Co., Ltd
  • Changsu Switchgear Mfg Co., Ltd.
  • Hager Group
  • People Electric Appliance Group Co., Ltd
  • Panasonic Corporation
  • Danfoss
  • Rockwell Automation, Inc.
  • Circutor SA
  • Lovato Electric S.P.A.
  • WEG Group
  • Carling Technologies, Inc.
  • Britec Electric

Low Voltage Circuit Breaker Market Report Scope:

Report Attributes Details
Base Year 2025
Forecast Period 2026-2035
Historical Data 2022-2024
Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segmentation . By Type (Miniature Circuit Breaker, Molded Case Circuit Breaker, Air Circuit Breaker)
. By Application (Energy Allocation, Shut off Circuit, Others)


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Challenges of Integrating Smart Features in Low Voltage Circuit Breaker May Impede Market Growth Globally

It is technically difficult to include smart features, such as defect detection, remote monitoring, and Internet of Things integration into low-voltage circuit breakers, particularly in existing electrical networks. Compatibility between the new and existing systems is another requirement for retrofitting these systems, and it could be costly. The requirement for the smart circuit breakers to integrate seamlessly with other network devices, including sensors and control units, adds even more complication to the installation procedure. Furthermore, technicians must possess specialized expertise and training to operate smart circuit breakers, which goes beyond what is needed for conventional circuit breakers.

Key Segmentation Analysis:

By Type

In 2025, the Miniature Circuit Breaker (MCB) type contributed approximately 50% to the revenue generated in the Low Voltage Circuit Breaker Market due to its extensive usage in residential, commercial, and small-scale industrial setups. Additionally, the development of smart MCBs with capabilities such as remote monitoring and IoT integration has further increased their popularity.

By Application

In 2025, the Energy Allocation segment leads the Low Voltage Circuit Breaker Market, accounting for around 57% of the total market revenue as the demand for efficient power distribution in both renewable energy and conventional power grids is increasing. The increasing use of renewable energy sources such as solar and wind energy also increases the demand for low voltage circuit breakers.

Regional Insights:

With over 38% of the market revenue in 2025, the Asia Pacific region dominated the low voltage circuit breaker market. Rapid urbanization, infrastructure development, and rapidly expanding industries in nations, such as China, India, and Southeast Asia are driving the Asia Pacific market.

North America is projected to be the fastest-growing region in the Low Voltage Circuit Breaker Market from 2026 to 2035. This growth is driven by high renewable energy and smart grid investments new infrastructure.

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Recent Developments:

  • February 2024: ABB Electrification Service launched a new initiative to replace outdated circuit breakers with intelligent digital versions, boosting energy capacity by up to 20% and cutting operational costs by 30%, while extending the equipment's lifespan by 30 years.
  • March 2024: Schneider Electric introduced the MasterPacT MTZ Active, a cutting-edge low voltage air circuit breaker at Data Centre World in London. This innovative product enables real-time power monitoring, enhances energy efficiency, and accelerates sustainability goals for critical industries, such as data centers, offering a QR code solution for quick issue identification and resolution.

Exclusive Sections of the Low Voltage Circuit Breaker Market Report (The USPs):

  • INSTALLATION & SECTORAL DEPLOYMENT METRICS – helps you understand percentage share of low voltage circuit breaker installations across residential, commercial, industrial, and utilities sectors, units deployed per facility type, and annual growth rates in smart grid, EV charging, and renewable energy applications to identify high growth demand pockets.
  • OPERATIONAL PERFORMANCE & DOWNTIME REDUCTION INDEX – helps you evaluate average operational lifespan across applications, percentage reduction in downtime through advanced protection systems, and maintenance interval cycles for air, molded case, and miniature circuit breakers to assess reliability and lifecycle cost efficiency.
  • SMART TECHNOLOGY & INNOVATION ADOPTION RATE – helps you uncover the share of conventional versus IoT enabled circuit breakers, adoption of solid state and hybrid technologies, and response time and fault interruption capacity benchmarks to measure technological advancement and premium product penetration.
  • SAFETY COMPLIANCE & STANDARDIZATION SCORE – helps you analyze compliance rates with IEC 60947, IEC 60898, and UL 489 standards, along with arc fault, ground fault, and overcurrent protection adherence levels to evaluate regulatory alignment and risk mitigation strength.
  • RENEWABLE & DER INTEGRATION READINESS METRICS – helps you assess the adoption rate of circuit breakers certified for renewable energy and distributed energy resource integration, highlighting market preparedness for decentralized power systems and grid modernization initiatives.
  • APPLICATION DRIVEN GROWTH & INFRASTRUCTURE EXPANSION INSIGHTS – helps you track deployment acceleration in data centers, manufacturing plants, residential complexes, EV infrastructure, and utility upgrades to determine investment opportunities and long-term infrastructure development trends.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

CONTACT: Contact Us: Rohan Jadhav - Principal Consultant Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

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