Japan Low Voltage DC Circuit Breaker Market Trends, Growth, Analysis, Size, Share and Forecast 2025

Japan low-voltage DC circuit breaker market is estimated to grow at a CAGR of 7.8% during the forecast period. Japan has been significantly contributing to the growth of the market. As per the Institute for Sustainable Energy Policies, the share of solar PV power generation in Japan increased from 5.7% in 2017 to 6.5% in 2018. As per the IRENA, Japan solar energy capacity reached 55.5 GW in Japan in 2018. This is led by the most attractive Feed-in-Tariffs (FITs) and utility-scale power plants. Japan's Government passed a FIT for business users and residential, requiring electric utilities to purchase excess solar power from these users in 2009.

Get Sample Copy of Japan Low Voltage DC Circuit Breaker Market at: https://www.omrglobal.com/request-sample/japan-low-voltage-dc-circuit-breakers-market

The major players in the market include ABB Ltd., Eaton Corp., Larsen and Toubro Ltd., Schneider Electric S.E., and Siemens AG.

In 2012, a new FIT system was started by the government, based on the Renewable Energy Electric Procurement by Operators of Electric Utilities Law. According to the law, the regional electricity operators are required to connect renewable energy generation facilities to their grids and purchase the generated renewable energy at FITs. The key manufacturers of solar PV modules in Japan include Kyocera Corp., Mitsubishi Electric Corp., Toshiba Corp., Sharp Solar, and Sanyo Electric Co., Ltd. The growth in installations of solar panels is supporting the adoption of DC circuit breakers in the country, as these circuit breakers act as a component to protect against individual loads that work with direct current.

For More Information, get A full report of Japan Low Voltage DC Circuit Breaker Market is available at: https://www.omrglobal.com/industry-reports/japan-low-voltage-dc-circuit-breakers-market

These companies are adopting various strategies such as partnership and collaboration, geographical expansion, and product launch for increasing their market share. For instance, in March 2018, Schneider Electric SE opened its new East Asia & Japan headquarters in Singapore. This will bring together several operations across the island to one location to potentially offers service to the industry partners and customers in Singapore and overall East Asia & Japan.

Market Segmentation

Low Voltage DC Circuit Breaker Market by Type

o Air Circuit Breakers (ACB)
o Molded Case Circuit Breakers (MCCB)
o Miniature Circuit Breakers (MCB)

Low Voltage DC Circuit Breaker Market by Application

o Residential
o Commercial

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/japan-low-voltage-dc-circuit-breakers-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/