Market Forecast By Voltage (Low Voltage Circuit Breaker (< 1.1 kV), Medium Voltage Circuit Breaker (1.1 kV - 36 kV), High Voltage Circuit Breaker (> 36 kV)), By Types (Low Voltage (MCB, MCCB, ACB, Others (RCB, ELCB)), Medium Voltage (Gas Circuit Breaker, Vacuum Circuit Breaker), High Voltage (Gas Circuit Breaker, Others (Oil, Hybrid))), By Applications (Commercial, Residential, Industrial, Power Utilities, Others (Transport, Government, etc.)) And Competitive Landscape
Product Code: ETC002066 | Publication Date: Apr 2020 | Updated Date: Sep 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
New Zealand Circuit Breaker Market registered a decline of -2.14% in value shipments in 2022 as compared to 2021 and an increase of 6.19% CAGR in 2022 over a period of 2017. In Circuit Breaker Market New Zealand is becoming less competitive as HHI index in 2022 was 1518 while in 2017 it was 1101. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
New Zealand has reportedly relied more on imports to meet its growing demand in Circuit Breaker Market. India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Circuit Breaker Market in 2022 was 15.02 while in 2017 it was 7.64. China, Australia, India, Italy and Germany were among the top players of the market in 2022, where China acquired the largest market share of 27.72% with a shipment value of 7.7 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 23.86% with the shipment value of 4.72 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although China offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the New Zealand Circuit Breaker Market in 2017.
New Zealand Circuit Breaker Market has witnessed substantial growth owing to rapid urbanization and the growing construction industry. The major factors growing the demand for the circuit breaker market in New Zealand are growing electricity consumption and increasing foreign direct investment coupled with growing new infrastructural activities. Moreover, growing grid connectivity and growing concern for operational safety are further boosting the growth of the circuit breaker market in New Zealand.
According to 6wresearch, New Zealand Circuit Breaker Market is expected to grow during 2020-2026. In terms of types, the low voltage circuit breaker segment is expected to lead a major revenue share in the circuit breaker market of New Zealand on account of growing electricity supply and demand and also due to an increasing need for efficient load management system in various sectors in the country. Furthermore, the market in New Zealand is anticipated to register negative growth in the economy during the first quarter of 2020 due to the coronavirus pandemic which has spread a worse impact on the business worldwide. However, during the second half of 2020-2026, the market of New Zealand is expected to recover the economic scenario with healthy growth in the country.
Based on the applications, the power utility segment is anticipated to dominate the circuit breaker market revenue share in New Zealand during the forecast period on account of a growing power generation network along with growing transmission and distribution systems.
The New Zealand Circuit breaker market report comprehensively covers the market by voltage, type, and applications. The New Zealand Circuit breaker market outlook report provides an unbiased and detailed analysis of the on-going New Zealand Circuit breaker market trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered:
The New Zealand Circuit breaker market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. New Zealand Circuit Breaker Market Overview |
3.1 New Zealand Circuit Breaker Market Revenues and Volume, 2016-2026F |
3.2 New Zealand Circuit Breaker Market Revenue Share, By Voltage, 2019 & 2026F |
3.3 New Zealand Circuit Breaker Market Revenue Share, By Types, 2019 & 2026F |
3.4 New Zealand Circuit Breaker Market Revenue Share, By Application, 2019 & 2026F |
3.5 New Zealand Circuit Breaker Market - Industry Life Cycle |
3.6 New Zealand Circuit Breaker Market - Porter’s Five Forces |
4. New Zealand Circuit Breaker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. New Zealand Circuit Breaker Market Trends |
6. New Zealand Circuit Breaker Market Overview, by Voltage |
6.1 New Zealand Low Voltage Circuit Breaker (< 1.1 kV) Circuit Breaker Market Revenues and Volume, 2016-2026F |
6.2 New Zealand Medium Voltage Circuit Breaker (1.1 kV - 36 kV) Circuit Breaker Market Revenues and Volume, 2016-2026F |
6.3 New Zealand High Voltage Circuit Breaker (> 36 kV) Circuit Breaker Market Revenues and Volume, 2016-2026F |
7. New Zealand Circuit Breaker Market Overview, by Types |
7.1 New Zealand Circuit Breaker Market Revenue and Volumes, By Low Voltage Circuit Breaker, 2016-2026F |
7.2 New Zealand Circuit Breaker Market Revenue and Volumes, By Medium Voltage Circuit Breaker, 2016-2026F |
7.3 New Zealand Circuit Breaker Market Revenue and Volumes, By High Voltage Circuit Breaker, 2016-2026F |
8. New Zealand Circuit Breaker Market Overview, by Application |
8.1 New Zealand Circuit Breaker Market Revenue and Volumes, By Residential, 2016-2026F |
8.2 New Zealand Circuit Breaker Market Revenue and Volumes, By Commercial, 2016-2026F |
8.3 New Zealand Circuit Breaker Market Revenue and Volumes, By Industrial, 2016-2026F |
8.4 New Zealand Circuit Breaker Market Revenue and Volumes, By Power Utilities, 2016-2026F |
8.5 New Zealand Circuit Breaker Market Revenue and Volumes, By Others, 2016-2026F |
9. New Zealand Circuit Breaker Market Key Performance Indicators |
10. New Zealand Circuit Breaker Market Opportunity Assessment |
10.1 New Zealand Circuit Breaker Market Opportunity Assessment, By Types, 2026F |
10.2 New Zealand Circuit Breaker Market Opportunity Assessment, By Application, 2026F |
10.3 New Zealand Circuit Breaker Market Opportunity Assessment, By Voltage, 2026F |
11. New Zealand Circuit Breaker Market Competitive Landscape |
11.1 New Zealand Circuit Breaker Market By Companies, 2019 |
11.2 New Zealand Circuit Breaker Market Competitive Benchmarking, By Operating Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |