Global Vacuum Circuit Breaker Market Size Grows at a CAGR 6.93%

Introduction

Straits Research today released its highly anticipated report, “Vacuum Circuit Breaker Market Size & Outlook, 2026-2034”. According to the study, the market size is valued at USD 5.80 billion in 2025 and is projected to expand to USD 10.57 billion by 2034 registering a compound annual growth rate (CAGR) of 6.93%.

Market Dynamics

The global Vacuum Circuit Breaker (VCB) market is primarily driven by rapid advancements in power distribution technologies, grid modernization initiatives, and the increasing shift toward reliable, eco-friendly switchgear solutions. Utilities and industrial facilities are adopting VCBs to enhance operational safety, reduce maintenance requirements, and ensure long-term system stability. In addition, the rising global focus on renewable energy integration continues to accelerate VCB adoption, as substations, solar farms, and wind installations require robust protection devices capable of handling variable loads and frequent switching operations.

However, the market faces challenges associated with the high initial cost of advanced VCB systems and the technical complexities involved in installation and maintenance. In emerging economies, budget constraints and limited technical expertise can slow adoption, particularly in rural or legacy grid environments.

Despite these challenges, the market presents significant opportunities, particularly through the expansion of smart grid technologies and the electrification of industrial operations. The increasing deployment of railway networks, data centers, and automated manufacturing facilities is creating strong demand for reliable medium-voltage protection systems. These developments indicate the long-term potential for vacuum circuit breakers to support the global transition toward resilient, intelligent, and low-emission electrical infrastructure.

Key Highlights

• By Product Type: According to Straits Research, the Indoor or panel-mounted vacuum circuit breakers segmentdominated the market in 2025, with a revenue share of 40%.
• By Voltage Level: The EHV applications above 72.5 kV segment is estimated to register the fastest CAGR growth of 7.8%.
• By End-User: The Utilities category dominated the market in 2025 with a revenue share of 55%.
• By Application: The Compact installations for urban deployments and data centressegment is projected to register the fastest CAGR of 8.0% during the forecast period.
• Regional Insights: Asia Pacific dominates with over 35% share, driven by large electrification programmes and renewable build-outs.

Competitive Players

1. Siemens Energy
2. ABB Ltd
3. Schneider Electric
4. Eaton Corporation
5. GE Vernova (Grid Solutions)
6. Mitsubishi Electric Corporation
7. Fuji Electric Co., Ltd.
8. CG Power & Industrial Solutions Ltd.
9. C&S Electric Ltd.
10. LS ELECTRIC Co., Ltd.
11. Kirloskar Electric Company
12. TBEA Co., Ltd.
13. Rockwell Automation, Inc.
14. WEG Equipamentos Elétricos S.A.
15. Hyundai Electric & Energy Systems Co.
16. NOJA Power Pty Ltd.
17. Chuanli Electric Co., Ltd.
18. KBN Group (Q-Tec Switchgear)
19. Powell Industries, Inc.

Recent Developments

• October 2025 – Eaton unveiled a new reference architecture for 800 VDC power infrastructure designed to accelerate the adoption of Artificial Intelligence data centers.

Segmentation

1. By Product Type (2026-2034)
   1. Indoor/panel-mounted VCBs
   2. Outdoor/standalone VCBs
   3. Ring Main Units (RMU) with VCB
   4. GIS-integrated VCB modules
2. By Voltage Level (2026-2034)
   1. Up to 12 kV
   2. 12–36 kV
   3. 36–72.5 kV
   4. Above 72.5 kV
3. By End-User (2026-2034)
   1. Utilities (Transmission and Distribution)
   2. Industrial and Manufacturing
   3. Transportation and Rail/Metro
   4. Commercial and Data Centres
4. By Application (2026-2034)
   1. New substations and greenfield projects
   2. Retrofit and replacement
   3. Compact urban/data-centre installations
   4. Renewable export/offshore cable terminals
5. By Region (2026-2034)
   1. North America
   2. Europe
   3. Asia Pacific
   4. Middle East and Africa
   5. Latin America