India - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

India - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights

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Jun 27, 2023

Circuit Breaker Price Stands at $20.7 per Unit

India Circuit Breaker Export Price in February 2023

In February 2023, the circuit breaker price amounted to $20.7 per unit (FOB, India), approximately reflecting the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2022 when the average export price increased by 17% month-to-month. The export price peaked at $24.5 per unit in March 2022; however, from April 2022 to February 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In February 2023, the country with the highest price was South Africa ($33.5 per unit), while the average price for exports to the UK ($17.2 per unit) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Circuit Breaker in India (USD per unit)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
South Africa38.780.850.130.654.630.246.572.849.539.656.219.633.5
Brazil28.526.723.218.947.937.653.737.423.826.120.720.731.5
Australia18.718.617.319.720.917.718.919.821.317.217.524.622.0
Nepal19.421.727.527.021.219.017.622.617.342.024.028.719.8
Turkey18.618.417.318.720.323.019.418.022.617.821.321.018.7
Indonesia17.117.319.618.117.417.325.419.717.417.627.421.118.2
France17.217.517.317.617.317.617.417.417.917.417.517.917.8
United States17.117.318.417.517.417.917.517.318.517.417.318.217.6
Singapore17.117.517.517.517.517.817.617.317.317.317.417.217.4
Egypt17.118.917.318.417.317.619.717.517.317.217.217.217.2
United Arab Emirates17.117.317.317.317.317.717.317.317.317.217.217.217.2
United Kingdom17.117.317.326.017.317.317.317.317.319.217.217.217.2
Kenya30.664.817.324.121.730.631.420.227.022.232.923.717.2
Average21.724.520.520.624.022.521.523.821.521.923.220.520.7

India Circuit Breaker Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was electrical apparatus; automatic circuit breakers, for a voltage exceeding 1000 volts but less than 72.5kV ($182 per unit), while the average price for exports of electrical apparatus; automatic circuit breakers, for a voltage not exceeding 1000 volts ($17.2 per unit) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for the following types: electrical apparatus; automatic circuit breakers, for a voltage of 72.5kV or more (+0.2%), while the prices for the other products experienced mixed trend patterns.

India Circuit Breaker Exports

In February 2023, the amount of automatic circuit breakers exported from India skyrocketed to 1.2M units, picking up by 31% on the month before. In general, exports saw a relatively flat trend pattern. The exports peaked at 1.3M units in March 2022; however, from April 2022 to February 2023, the exports failed to regain momentum.

In value terms, circuit breaker exports surged to $25M (IndexBox estimates) in February 2023. Overall, exports, however, showed a relatively flat trend pattern. The exports peaked at 32M units in March 2022; however, from April 2022 to February 2023, the exports failed to regain momentum.

India Circuit Breaker Exports by Type

Electrical apparatus; automatic circuit breakers, for a voltage not exceeding 1000 volts (1.1M units) was the largest type of circuit breaker exported from India, with a 97% share of total exports. It was followed by electrical apparatus; automatic circuit breakers, for a voltage of 72.5kV or more (29K units), with a 2.4% share of total exports.

From February 2022 to February 2023, the average monthly rate of growth in terms of the volume of export of electrical apparatus; automatic circuit breakers, for a voltage not exceeding 1000 volts was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: electrical apparatus; automatic circuit breakers, for a voltage of 72.5kV or more (-2.4% per month) and electrical apparatus; automatic circuit breakers, for a voltage exceeding 1000 volts but less than 72.5kV (-1.2% per month).

In value terms, electrical apparatus; automatic circuit breakers, for a voltage not exceeding 1000 volts ($20M) remains the largest type of circuit breaker exported from India, comprising 80% of total exports. The second position in the ranking was taken by electrical apparatus; automatic circuit breakers, for a voltage of 72.5kV or more ($3M), with a 12% share of total exports.

From February 2022 to February 2023, the average monthly growth rate of the export volume of electrical apparatus; automatic circuit breakers, for a voltage not exceeding 1000 volts was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: electrical apparatus; automatic circuit breakers, for a voltage of 72.5kV or more (-2.2% per month) and electrical apparatus; automatic circuit breakers, for a voltage exceeding 1000 volts but less than 72.5kV (-1.4% per month).

India Circuit Breaker Exports by Country

Singapore (282K units), the United States (197K units) and Turkey (116K units) were the main destinations of circuit breaker exports from India, together comprising 50% of total exports. The United Arab Emirates, France, Indonesia, Egypt, Nepal, the UK, South Africa, Kenya, Australia and Brazil lagged somewhat behind, together accounting for a further 30%.

From February 2022 to February 2023, the biggest increases were in Egypt (with a CAGR of +30.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for circuit breaker exported from India were Singapore ($4.9M), the United States ($3.5M) and Turkey ($2.2M), with a combined 43% share of total exports. The United Arab Emirates, France, Indonesia, South Africa, Egypt, Brazil, Nepal, the UK, Australia and Kenya lagged somewhat behind, together comprising a further 29%.

Egypt, with a CAGR of +30.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the circuit breaker market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27121020 - Automatic circuit breakers
  • Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
  • Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
  • Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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