Residual Current Circuit Breaker Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028


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Stringent safety regulations & standards, such as Canadian CSA standard, UL1053 and IEC61008, and increasing demand for high-quality circuit breakers across the globe are the factors driving the residual current circuit breaker market over the forecast period. For the protection over potentially damaging thermal and dynamic stresses of any over-currents, the residual current circuit breaker is taken into consideration which is used in series with a fuse or MCB. Furthermore, residual current circuit breakers are considered as safety devices that trip and detect electrical leakage and thereby ensure protection against electric shocks caused by indirect contacts by acting as a main disconnecting switch of any derived MCBs. Residual current circuit breakers are available in different rated currents from 16A in residential applications to over 125A in industrial applications with their related accessories. In industries and commercial set-ups, where the voltage is quite high, residual current circuit breakers help to prevent and eliminate the risk of shocks and accidental deaths.

Residual Current Circuit Breaker Market: Dynamics

The global residual current breaker market is estimated to gain traction over the forecast period owing to high sensitivity and its dual termination ability for busbar and cable connections. Furthermore, residual current circuit breakers provide high protection against leakage current as well as earth fault, which is expected to enhance the growth of the overall market over the forecast period. Moreover, incorporation of filtering device helps to offer protection against voltage fluctuation through providing guidance against transient voltage levels, which is further expected to fuel the growth of the residual current circuit breaker market during the forecast period. During surpass of rated sensitivity, residual current circuit breakers possess a feature of automatically disconnecting the circuit to avoid accidents, which is expected to attract customer interest and be a contributing factor towards the growth of residual current circuit breaker market.

High cost and difficult installation are the factors expected to hinder the growth of the global residual current circuit breaker market during the forecast period.

Residual Current Circuit Breaker Market: Segmentation

The global residual current breaker market can be segmented based on product type, power input, residual currents, application and end-use.

By product type, the global residual current circuit breaker market is segmented as:

  • 2 Pole RCCB
  • 4 Pole RCCB

By power input, the global residual current circuit breaker market is segmented as:

  • AC
  • DC

By residual currents, the global residual current circuit breaker market is segmented as:

  • AC Residual Current
  • A Residual Current
  • B Residual Current

By application, the global residual current circuit breaker market is segmented as:

  • Industrial
  • Commercial
  • Domestic

By end use, the global residual current circuit breaker market is segmented as:

  • Heating Systems
  • Wet Location Equipment
  • Semiconductor Process Equipment
  • Submersible Pumps

Residual Current Circuit Breaker Market:Region-wise Outlook:

Asia Pacific is estimated to witness significant growth during the forecast period owing to the growing industrialisation and urbanisation in countries such as China, India, and ASEAN. Furthermore, growing concern for safety in the electrical, automotive and electronic equipment are further expected to enhance the growth of the residual current circuit breaker market during the forecast period. North America is estimated to dominate the global residual current circuit breaker market owing to high awareness among consumers in residential, commercial and industrial application usage. Europe, over the last couple of years, has witnessed significant growth owing to growth in the residential sector. However, Europe is estimated to register relatively steady growth during the forecast period. The Middle East and Africa is expected to rank second in terms of market growth owing to growing industrialisation during the forecast period. The Latin America residual current breaker market is estimated to witness substantial growth during the forecast period due to growing awareness and incorporation of various end-use industries, such as pulp and paper, oil & gas, pharmaceuticals and others.

Residual Current Circuit Breaker Market: Market Participants:

Some of the market participants in the global residual current circuit breaker market are:

  • Schneider Electric
  • ABB
  • Siemens AG
  • Honeywell International Inc.
  • HPL
  • Wenzhou korlen electric appliances co.,ltd.
  • Doepke Schaltgeräte GmbH       
  • TONGOU Electrical
  • Velox Switch Gear          
  • JSK Electrical Company
  • Polycrome Electrical Industries (Pvt) Ltd

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds moulding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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