Fluctuating nature of the construction industry is expected to impact the residual current circuit breakers market, offs
Residual current circuit breakers are low voltage circuit breakers essential for residential, commercial and industrial distribution boards in case of electric fault or current leakage. They comprise automatic switches that self-trigger during the occurrence of a fault in the connection circuit. The aim of residual current circuit breakers is to protect an individual from electric shocks or fire. Residual current circuit breakers trip the circuit in case of earth fault current and offer an extremely effective solution for circuit connections in residential, commercial, and industrial sectors. As a result, the global market for residual current circuit breakers is expected to witness significant growth in 2018, reaching a market value of US$ 1,784.0 Mn with a Y-o-Y growth rate of 6.0% as compared to 2017. Furthermore, the global demand for residual current circuit breakers will also be influenced by the rising urbanisation and infrastructural developments.
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