DALLAS, May 4, 2015 /PRNewswire/ --
The report "Generator Circuit Breakers Market by Type (Air Blast circuit breakers, Vacuum circuit breakers, SF6 circuit breakers and Others), Application (Coal-fired power plants, Natural Gas power plants, Nuclear power plants and Others) & Region - Global Trend & Forecast to 2019" published by MarketsandMarkets, The Generator Circuit Breakers Industry is projected to reach $302.30 Million by 2019, at a CAGR of 2.47% from 2014 to 2019
Browse 69 market data Tables and 47 Figures spread through 171 Pages and in-depth TOC on "Generator Circuit Breakers Market"
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The market segmentation and market size has been forecast on the basis of the generator circuit breakers industry, globally. The key countries have been covered and forecast for each region. Furthermore, the market has been segmented and forecast on the basis of major application areas such as coal, natural gas, and nuclear among others.
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The Generator Circuit Breakers Market is projected to witness a decent growth in the next five years.
Asia-Pacific is the largest market for generator circuit breakers. This region, which has witnessed a decent growth in the past 10 years, accounted for approximately 29% of the total market in 2013. North America accounted for the second-largest market share of ~27% in the same year.
Coal and Natural gas - Major application area in market
Coal and natural gas together accounted for 82% of the total market share in 2013. Increasing demand for power transmission and generation equipment in the regions is the major driver of the Generator Circuit Breakers Market.
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