Thermal Magnetic Circuit Breakers: Introduction
- Thermal magnetic circuit breakers are devices that provide protection from overcurrent in circuits
- Thermal magnetic circuit breakers consist of thermal magnetic trip units that determine the time to open the contact automatically. The trip unit contains elements that sense the heat dissipated due to overload condition and then, it automatically disconnects the switch.
- Thermal magnetic circuit breakers have two switching mechanisms: an electromagnet switch and a bimetal switch
- Thermal magnetic circuit breakers are employed in various applications such as power generation, motor control centers, and home appliances
- These circuit breakers are used in sectors such as energy & utility, telecom & communications, industrial, residential, and commercial
Rise in Demand for Thermal Magnetic Circuit Breakers in Motor Control Centers
- Industrial manufacturing has emerged as an attractive sector for investments by organizations across the globe. In this sector, thermal magnetic circuit breakers are significantly used for motor control centers, process control, and other industrial applications
- In motor control centers, thermal magnetic circuit breakers play an important role of protecting the motor from heating effect. In motor control centers, a circuit breaker precisely monitors temperature of the motor. When temperature of the motor increases, the circuit breaker interrupts the mechanism of the motor to protect the circuit from overload condition. Hence, thermal magnetic circuit breakers are increasingly used in industrial applications.
- Moreover, with the help of magnetic protection function, thermal magnetic circuit breakers prevent motor control centers from fault currents. Thus, increase in the use of thermal magnetic circuit breakers in motor control centers is expected to drive the global thermal magnetic circuit breakers market during the forecast period.
Increase in Use of Thermal Magnetic Circuit Breakers in Industrial Processes
- In industries such as metals & mining, paper & pulp, and oil & gas, thermal magnetic circuit breakers are employed to protect equipment, wiring, and personnel from overcurrent fault
- Thermal magnetic circuit breakers are largely used in industrial processes, owing to their reliability, cost effectiveness, and availability in multiple types that suit various applications
Home Appliances Segment to Witness Lucrative Opportunities
- Based on application, the global thermal magnetic circuit breakers market can be segmented into power generation, motor control centers, home appliances, and others
- Low-voltage thermal magnetic circuit breakers are significantly used in home appliances, as they protect equipment from overcurrent fault
- Rise in the demand for thermal magnetic circuit breakers for use in home appliances is anticipated to drive the home appliances during the forecast period
North America to Lead Global Market
- In terms of region, the global thermal magnetic circuit breakers market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is anticipated to dominate the global thermal magnetic circuit breakers market throughout the forecast period, owing to increase in automation and ongoing technological advancements in the semiconductor industry in the region
- The thermal magnetic circuit breakers market in Europe and Asia Pacific is expected to expand at a substantial rate during the forecast period. However, the market in Latin America and Middle East & Africa is estimated to expand at a moderate rate during the forecast period.
Key Players in Global Market
The global thermal magnetic circuit breakers market was highly fragmented in 2018. Prominent players operating in the global market are focusing on technological advancements and expansions to meet the risen demand for thermal magnetic circuit breakers. Moreover, manufacturers are entering into partnerships for the development of innovative products.
Key players operating in the global thermal magnetic circuit breakers market are:
- ABB
- Eaton
- E-T-A
- Siemens
- TE Connectivity
- General Electric
- Schneider Electric
- Rockwell Automation
- Carling Technologies
- PHOENIX CONTACT
Global Thermal Magnetic Circuit Breakers Market: Research Scope
Global Thermal Magnetic Circuit Breakers Market, by Product
- Single-pole Thermal Magnetic Circuit Breakers
- Multi-pole Thermal Magnetic Circuit Breakers
Global Thermal Magnetic Circuit Breakers Market, by Switching Mechanism
- Electromagnet Switch
- Bimetal Switch
Global Thermal Magnetic Circuit Breakers Market, by Application
- Power Generation
- Motor Control Centers
- Home Appliances
- Others
Global Thermal Magnetic Circuit Breakers Market, by End-use Industry
- Energy & Utility
- Telecom & Communications
- Industrial
- Residential
- Commercial
- Others
Global Thermal Magnetic Circuit Breakers Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
