The world market for miniature circuit breakers and residual current devices (MCBs and RCDs) is projected to be worth nearly 10 billion USD in 2018, according to a recently released report by IHS. According to analyst, Toby Colquhoun, "The MCB and RCD market barely grew in 2013, relative to 2012, which was difficult for many suppliers. IHS projects a broad based recovery in 2014: MCBs and RCDs are ubiquitous in a wide variety of industries. The residential sector is the most important destination for these components and a recovery in the housing market, especially in the United States, will sustain high levels of industry growth. That said: all sectors are projected to grow, in particular the machine builder sector.
"Although the product category has a reputation to be a little staid, upcoming challenges facing the market are: the introduction of AFCI products to the IEC world, competition from Chinese suppliers and the influence of electronic solid-state components".
