DC Circuit Breakers Market – Growth, Trends, COVID-19 Impact and Forecast (2022)

The DC circuit breaker market is expected to grow at a CAGR of 8.32% during 2022-2027, from $343.0 million in 2020 to $638.1 million in 2027.In 2020, sales of DC circuit breakers were negatively impacted due to a significant drop in global power generation and transmission during the pandemic.
NEW YORK, April 22, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “DC Circuit Breaker Market – Growth, Trends, COVID-19 Impact and Forecast (2022 – 2027)” – https://www.reportlinker .com/p06271905/?utm_source=GNW Factors such as increasing influx of renewables in the energy mix and growing adoption of HVDC transmission and upgrading and modernization of aging infrastructure are expected to drive the market over the forecast period.Increased power supply stability thereby reducing the demand for circuit breakers is likely to restrain the growth of the DC circuit breaker market in the coming years.Key Highlights During the forecast period, the solid-state segment is expected to dominate the DC circuit breaker market.Globally, investment in clean energy projects and the development of the renewable energy sector are receiving increasing attention.Therefore, the extensive development of new renewable energy projects and the increase in electricity usage may create excellent opportunities for the DC circuit breaker market in the future.Asia Pacific has dominated the DC circuit breaker market in recent years and is expected to witness significant growth over the forecast period, with the majority of demand coming from China and India.Key Market Trends The solid-state segment is expected to dominate the market. Solid-state DC circuit breakers replace traditional components of electromechanical circuit breakers with advanced software algorithms and semiconductors, with the use of milliseconds.In the event of an internal failure, energy storage systems and electrical DC grid services are strongly affected by outages.Solid-state DC circuit breakers can help quickly disconnect faulty areas and prevent system shutdowns.Additionally, solid-state DC circuit breakers can interrupt DC current without arcing and require no maintenance.The trip and switch unit is solid state and meets precision protection requirements. It uses an emitter-turn-off (ETO) thyristor as the switch and contains a cathode, anode and three gate electrodes.The growth of renewable energy installations such as wind and solar power has driven the development of HVDC transmission.It is a key technology for connecting various AC power grids and economically transmitting large-capacity renewable energy over long distances, especially in remote areas.Also, DC short circuit fault is a major challenge for HVDC transmission systems as it can damage power converters and other electrical equipment, so solid-state DC circuit breakers are used as a key technology in these systems so it can shut down quickly fault the line and keep the voltage within acceptable limits.Additionally, solid-state DC circuit breakers are faster, more flexible, more continuous, and less expensive than mechanical DC circuit breakers.It covers fewer topologies than hybrid DC circuit breakers.In addition, solid state DC circuit breakers are also used in ships, as in most ships the power is supplied from the DC grid.Solid-state DC circuit breakers interrupt short-circuit currents in microseconds, prevent arcing, and cover fewer topologies.Overall, due to increased investment in the HVDC transmission and distribution industry, mainly in regions with high renewable energy adoption such as Europe, North America and Asia Pacific, coupled with growing electricity consumption in the marine industry.Asia Pacific to dominate the market A large demand for DC circuit breakers is expected in the Asia Pacific region, mainly due to the growing electricity demand in the region and the related requirements for power infrastructure.Environmental pollution is one of the major concerns of the world, and Asia-Pacific countries such as China and India are among the world’s largest producers of greenhouse gases.Government agencies across the Asia-Pacific region have launched a number of strategies to gradually reduce carbon emissions by increasing investment in renewable energy research and development.For example, installed solar capacity in the Asia-Pacific region grew from 90.6 GW in 2015 to 422.6 GW in 2020.The scale of development initiatives and production activities in the region.For example, in February 2022, China’s National Energy Administration announced that it had revised its target to increase the share of renewable energy in China’s energy mix to 25% by 2025, in line with the government’s goal of achieving carbon neutrality by 2060.Construction is underway in China, which is expected to increase the demand for DC circuit breakers in the country.For example, in July 2021, Qinghai New Energy Group Co., Ltd. announced the start of construction of a 3.3 GW Golmud solar CSP power station, which is expected to be commissioned in 2024.In March 2022, the Chinese government announced plans to build numerous electric vehicle charging stations across the country to support the country’s growing demand for electric vehicles.For example, China’s new energy vehicle sales and exports in 2021 will be about 3 million units.In addition, the Indian government has launched a number of strategies to increase the adoption of renewable energy in the country.For example, in September 2021, the Indian government announced plans to increase India’s renewable energy capacity by more than 175 GW in 2020, including 100 GW of solar and 60 GW of wind.In 2021, about 10.4 GW of solar capacity was added to the country’s national grid in 2021.Hence, Asia Pacific is expected to dominate the market during the forecast period owing to the above-mentioned points.Competitive Landscape The DC circuit breaker market is fragmented.Some of the key players in this market include ABB Ltd., Eaton Corporation PLC, Mitsubishi Electric Corporation, Fuji Electric Co., Ltd. and Siemens AG.Additional Benefits: Market Estimates (ME) Table in Excel Format Analyst Support for 3 Months Read the full report: https://www.reportlinker.com/p06271905/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution .Reportlinker finds and organizes the latest industry data so you have all the market research you need in one place, instantly.______________________________
Hydrogen fuel cell maker Plug Power expects 2022 revenue to rise 80% year over year to $925 million.Is PLUG stock a buy right now?
(Bloomberg) — Sit down with Williams CEO Alan Armstrong, whose dissatisfaction with U.S. energy policy will soon surface.Most reads from Bloomberg Marcos Jr. Leads with 61% of votes: Philippines UpdateStocks falls to 13-month low as U.S. curve steepens: Markets WrapDay Trader Army loses all money it made in Meme-Stock EraBiden Team sees China tilted as Putin falters in Ukraine, Philippine stocks fall as traders say Marcos win, global rout ‘The
Enbridge (NYSE: ENB) has been an excellent dividend stock for years.The Canadian energy infrastructure giant has increased spending for 27 consecutive years at a compound annual growth rate of 10%.Enbridge is very clear that it has an incentive to continue increasing its dividend in the future.
Group14 CEO and co-founder Rick Luebbe joins Yahoo Finance Live to discuss EV adoption, a $400 million financing round led by Porsche, and the prospect of lithium-silicon batteries.
(Reuters) – ConocoPhillips shareholders on Tuesday did not support a proposal to include its customers’ emissions in its greenhouse gas reduction goals, according to a preliminary vote on the resolution.Only 39 percent of shareholders voted in favor of the environmental group’s proposal to require companies to set an overall emissions reduction target that aligns with the goals of the Paris climate agreement.Major oil and gas producers are under increasing pressure to reduce greenhouse gas emissions to slow climate change.
Saxo’s true global trading experience!Access over 60 global markets and trade over 40,000 products.
SAO PAULO (Reuters) – Siemens Gamesa has started installing a new generation of onshore wind turbines in Brazil, Felipe Ferres, the company’s general manager in Brazil, told Reuters on Monday.Brazil will become the first country in the world to operate a Siemens Gamesa wind turbine with a 6.2 megawatt (MW) power and a 170-meter (558-foot) rotor, the largest rotor available in the world, in onshore wind power.The model has caught the attention of large wind investors — because it optimizes wind farms by making them more powerful with fewer machines — and in the future, could even be applied to “small” offshore developments, Ferres said.
When Jeff Crabtree started a glass recycling program at his brewery in Greeley, Colorado, he had no idea how popular it would become.
(Bloomberg) — Four years ago, Anglo American could not find any industry partners to support its idea of ​​replacing the giant diesel trucks in surface mining with climate-friendly green hydrogen vehicles.Most reads from Bloomberg Marcos Jr. lead with 61% of votes: Philippines UpdateStocks falls to 13-month low as U.S. curve steepens: Market WrapDay Trader Army loses it in Meme-Stock Era Russia in Poland special use red Paint hits all money war protests in Philippine stocks
Experience the flexibility of the HKU MBA part-time (weekday and weekend mode) programme to facilitate professional development while managing work commitments.Join now!
(Bloomberg) – The European Union’s executive body will support renewable energy and energy efficiency targets as part of a 195 billion euro ($205 billion) plan to end Russia’s reliance on fossil fuels by 2027.Pay off student loan debt immediately, adviser SayMarcos Jr. leads with 61%: Philippines UpdateStocks bounces back on countdown to key CPI data: Markets WrapBiden team sees help for China as Putin falls to 13 months in Ukraine
Shareholders of solar technology provider Enphase Energy (NASDAQ: ENPH) felt good for most of last week, but the gains they’ve seen have evaporated over the past two sessions.In the last week of April, Enphase reported record quarterly revenue for the first quarter.One factor that could exacerbate the slide in Enphase and other solar stocks on Monday was a drop in oil prices, down nearly 7%.
The megadrought plaguing the West has had a surprising side effect: the discovery of bodies in Lake Mead, Nevada.
The City of Los Angeles announced Tuesday that its Department of Water and Power (LADWP) will enter the third phase of its emergency water conservation program.The new phase will require customers to reduce the number of days they spend outside watering from three days to two, the department said in a statement on Tuesday, adding…
(Bloomberg) — Woodside Petroleum Ltd is facing backlash from potential investors over its climate strategy after a key proxy adviser criticized its emissions reduction plans.Bloomberg Most of Philippines election: Marcos Jr. extends lead in U.S. vote Futures signal stocks plunge; dollar jumps: Markets WrapDay Trader Army loses all money it made in Meme-Stock era EU bans Russian oil Effort stalled by Hungarian demand Ukraine latest: Japan phasing out Russian oil; Crude SwingsAustralia’s bi
Physical barriers that prevent fish from entering the habitat they need at all stages of their life cycle are a common problem in British Columbia, prompting the provincial government and conservation groups to step in to address it.
As many as 10 invasive alien species (IAS) have been known to be invasive in India over the past 60 years, costing the Indian economy $127.3 billion, according to a recent analysis that noted the cost of There are significant knowledge gaps.The impact of these species on the Indian economy.As many as 330 of India’s more than 2,000 alien species have been declared invasive, and the $127.3 billion cost recorded in the study came from just 10 of these 330 species, making India the second-largest country after the United States The state of the two countries that bear the cost of invasion.
Electric car company Tesla is primarily known for pioneering attempts to conserve energy and reduce greenhouse gases.As the first major automaker to mass-produce an all-electric vehicle, Tesla has set the pace for what and how consumers around the world want environmentally friendly vehicles.According to Tesla’s recent impact survey, their rechargeable electric vehicles cut 8.4 million tons of carbon dioxide annually due to further improvements and improvements.
A British start-up is in talks to build one of Europe’s first lithium refineries in Teesside after securing backing from the metals trading giant.Green Lithium’s refineries will produce tens of thousands of tons of battery-grade lithium a year, helping reduce China’s reliance on materials essential for electric vehicles.
Beneath the surface of the busy shipping lanes of the “cruise capital of the world,” humans don’t know what they’re missing.Just below the keel of the massive ship, underwater cameras provide real-time footage from another world, showing marine life doing its best to fight global warming.
The stray puppy found “wandering and distressed by the road” in Massachusetts, is now caring for the local animal sanctuary, and the Cape Wildlife Center said it will be raising coyotes with foster siblings.PHOTOS: A family in Cape Wildlife Center, Massachusetts, has taken a big surprise by deciding to give a stray puppy a fresh start and bring it home.The family was rescued after the dog was found to be more worn on the side of the road.But when experts were consulted, they quickly concluded

Post time: May-11-2022

Talk to our Expert