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.
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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.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Australia Low Voltage DC Circuit Breaker Market by Type
- Air Circuit Breakers (ACB)
- Molded Case Circuit Breakers (MCCB)
- Miniature Circuit Breakers (MCB)
Australia Low Voltage DC Circuit Breaker Market by Application
- Residential
- Commercial
- Industrial
Company Profiles
- ABB Ltd.
- CBI-electric Group
- Eaton Corp.
- Larsen and Toubro Ltd.
- Mitsubhishi Electric Corp.
- Powell Industries, Inc.
- Rockwell Automation, Inc.
- Schneider Electric SE
- Sensata Technologies, Inc.
- Siemens AG
The Report covers:
- Comprehensive research methodology of the Australia low voltage DC circuit breaker market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Australia low voltage DC circuit breaker market.
- Insights about market determinants which are stimulating the Australia low voltage dc circuit breaker market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players
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