Australia low voltage DC circuit breaker market is expected to grow at a CAGR of 7.0% during the forecast period. There is an increasing internet penetration in Australia which is estimated to drive the growth of the market in the country. According to the World Bank, in 2017, it was estimated that over 86.5% of the population in Australia had access to the internet. Supportive government policies are another major factor that is driving the growth of the market in Australia. Australia is a part of the Trance Pacific Partnership (TPP), which concluded in 2015. This agreement focuses on promoting trade in the digital economy. It facilitates the free flow of data, restricts data localization and protects copyrights.
This agreement is estimated to promote foreign companies to invest in the Australian cloud market. As a result, new data centers are expected to open in the country. This, in turn, is estimated to drive the growth of the low-voltage DC circuit breakers market in the country, as low voltage power circuit breakers are used in modern data centers for the main switching and power transfer operations.
The major players in the market include ABB Ltd., Eaton Corp., Larsen and Toubro Ltd., Schneider Electric S.E., and Siemens AG. These companies are adopting various strategies such as partnership and collaboration, geographical expansion, and product launch for increasing their market share. For instance, in September 2018, Siemens launched a new factory in Yatala, Queensland to encourage local research and the production of Australian made smart infrastructure products for energy utilities globally.
Research Methodology
The market study of the Australia low voltage DC circuit breaker market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include:
The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
The Report covers:
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Australia Low Voltage DC Circuit Breaker Market by Type
5.1.1. Air Circuit Breakers (ACB)
5.1.2. Molded Case Circuit Breakers (MCCB)
5.1.3. Miniature Circuit Breakers (MCB)
5.2. Australia Low Voltage DC Circuit Breaker Market by Application
5.2.1. Residential
5.2.2. Commercial
5.2.3. Industrial
6. Company Profiles
6.1. ABB Ltd.
6.2. CBI-electric Group
6.3. Eaton Corp.
6.4. Larsen and Toubro Ltd.
6.5. Mitsubhishi Electric Corp.
6.6. Powell Industries, Inc.
6.7. Rockwell Automation, Inc.
6.8. Schneider Electric SE
6.9. Sensata Technologies, Inc.
6.10. Siemens AG
1. AUSTRALIA LOW VOLTAGE DC CIRCUIT BREAKER MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. AUSTRALIA LOW VOLTAGE DC CIRCUIT BREAKER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
1. AUSTRALIA LOW VOLTAGE DC CIRCUIT BREAKER MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. AUSTRALIA LOW VOLTAGE DC CIRCUIT BREAKER MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)