CIRCUIT PROTECTION MARKET ANALYSIS
Global Circuit Protection Market: Key Developments
In January 2021, ABB Ltd. Introduced novel products of Residual Current Circuit Breakers (RCCBs), Isolators, Miniature Circuit Breakers (MCBs) for India’s electrical retail market. These products are designed for protecting electrical circuits from damages occurring due to overload, short circuits, and earth leakages in the buildings.
In January 2021, Bel Fuse Inc. completed acquisition of rms Connectors Inc. With this strategic acquisition Bel Fuse expanded its portfolio of Mil-Spec qualified connectors and it will help the company also for increasing revenue opportunities in military and aerospace sector.
In August 2020, Schneider Electric SE revealed its ComPacT, a novel circuit breaker with molded case redesigned for improving the panel builders and efficiency. It is built for improving the advanced monitoring capabilities through various modular plug-and-play and connectivity-ready accessories.
In December 2020, Mitsubishi Electric Corporation introduced its novel AE V Series C-class air circuit breaker having nearly 50kA breaking capacity. The novel ACB is intended for providing built-in features, which will help cut down stress of installation and maintenance as it eliminates additional parts required for achieving operations remotely.
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