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With an increase in smart grid infrastructure deployment across the world, the demand for automatic circuit breakers is likely to show a marked increase in the future. Apart from smart grids, these automatic circuit breakers are also being deployed in other forms of advanced grid infrastructures such as micro grids and super grids. An automatic circuit breaker is a device which protects electrical circuits from damage brought on by load imbalances, fluctuations or other factors. An automatic circuit breaker functions by detecting any faulty condition and subsequently interrupting or stopping the power flow through an electrical circuit. The power transmission sector is one of the largest markets for automatic circuit breakers currently. According to the general trend of the power industry, transmission wires with higher power transfer capacities are being preferred. The conventional power transmission lines are gradually being upgraded to high voltage alternating current (HVAC) and high voltage direct current (HVDC) lines. 
 
High voltage lines provide an array of advantages over low voltage ones. The primary one among these is the fact that a single high voltage line has multiple times the power transfer capacity of low voltage lines. However with an increased power transfer capacity, the cost of these transmission cables also increases significantly. As a result transmission operators find it highly necessary to employ efficient and preferably automatic circuit breakers to protect these expensive equipments. At high voltages, fluctuations in loads and frequencies might have dire consequences on the equipments; this risk is significantly mitigated by the presence of automatic circuit breakers. One of the major applications of automatic circuit breakers is in islanding. In the event of a cascading failure of generators connected to the electrical grid, these automatic circuit breakers trip and island off healthy parts of the grid from the effected ones. 
 
This significantly ensures grid safety by allowing healthy portions of the overall grid to continue functioning without interruptions. If these automatic circuit breakers were not in place, the gradual tripping of generators would have ultimately culminated in a complete grid failure, affecting all users drawing power from it. The adaptive islanding system is especially useful in the modern day micro grids being deployed across the world. Micro grids feature a decentralized form of power generation which caters to users connected within the micro grid. However these micro grids are also mostly connected to the utility grid in order to draw power in times of short supply and to feed power back to the grid in times of oversupply. In the event of a utility grid failure, the presence of automatic circuit breakers in the micro grid ensures that the system is islanded from the utility grid. 
 
This allows the micro grid to continue functioning without interruptions. A similar case is observed in smart grids, where renewable energy generation sources are intricately integrated with the utility grid as well as to their local demand center. The automatic circuit breakers help ensure safety of the smart grid by reducing chances of over drawl of power both from or by the utility grid. Overall the market for automatic circuit breakers is likely to exhibit attractive growth rates in all regions of the world. With a rapid development of smart grid infrastructure coupled with the ramping up of the power transmission sector, the Asia-Pacific is likely to remains one of the most attractive markets throughout the forecast period.
 
Some of the major players in the automatic circuit breakers market include Mouser Electronics Inc., Kirloskar Electric Company Ltd. and E-T-A among others.
 
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 
 
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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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  • Insights and Tools based on data-driven research
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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

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Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Automatic Circuit Breakers Market

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