Market Share of Circuit Breaker & Fuses Industry
Owing to the presence of a great number of global vendors, the circuit breaker and fuses market seems to be highly competitive. The level of engagement among the vendors will strengthen in the following years due to the more limited differentiation in products and the underpricing strategy of local and regional vendors. The playersin the market are focusing on the emergingregions of APAC and MEA to grow their sales volume.Some of the leading industry performers in the circuit breaker & fuses market include ABB Ltd., Eaton Corporation, Alstom SA,General Electric, Siemens AG, Eaton Corporation Plc, and Maxwell Technologies, among others.
- Oct 2019 -Alstomand the Madrid Asperger Association have signed a partnership agreement according to which persons with Asperger’s Syndromewill dopre-occupational professional internships at Alstom sites in Spain helping to improve their socio-occupational capacity and professional skills.
- Sep 2019 -ABB Ltd signed a five-year framework contract with Austrian Power Grid (APG), Austria’s transmission system operator, potentially worth more than USD100 million to supply gas-insulated switchgear (GIS), is the largest electricity grid expansion to date in Austria. ABB will be supplying GIS for the construction of a transmission grid that will help to strengthen the infrastructure in order to gradually integrate electricity generated by more renewable sources.
Circuit Breaker & Fuses Market Leaders
Eaton Corporation Inc
Alstom SA
G&W Electric Company
ABB Ltd
General Electric Company
*Disclaimer: Major Players sorted in no particular order
