DC Circuit Breaker Market size is poised to reach USD 14 Billion by the end of 2035, growing at a CAGR of 9% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of DC circuit breaker was USD 3 Billion. As the use of energy sources, energy storage systems and electric vehicles continues to rise, there is an increasing need, for DC power systems. DC circuit breakers are essential components of these power systems, as they are needed to safely control and protect them.
Data centers and telecommunication facilities heavily rely on DC power distribution systems. DC circuit breakers are essential for maintaining the safety and reliability of these infrastructures. These breakers serve as a means of safeguarding the systems against faults or overloads. They have the ability to promptly detect and respond to any fluctuations, in the power distribution thereby ensuring the ongoing safety and functionality of the system.
Author Credits: Payel Roy, Dhruv Bhatia
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?