Procurement Market Intelligence Report
Circuit Breakers
Sourcing Guide & Market Intelligence
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Circuit Breakers Global Overview
Definition
Summary
This report is intended to assist buyers of circuit breakers, which are switches that protect electrical circuits from overloads or short circuits. Circuit breakers prevent electric current from flowing when they sense anomalies in the power supply, and come in many different forms depending on the user's need. Typical buyers include electricians, building maintenance managers, construction firms, manufacturers and consumers.
This Report Includes:
- Arc Fault Circuit Interrupter (AFCI) Circuit Breakers
- Ground Fault Circuit Interrupter (GFCI) Circuit Breakers
- Standard Circuit Breakers
Not in this Report:
- Fuses
- Surge Protectors
Global Circuit Breakers Procurement Trends
Discover the top international trends affecting procurement in the global Circuit Breakers market.
Warning Trends
Tariffs to negatively impact the electrical systems and lighting components sector
- The Trump Administration’s reciprocal tariffs, which apply general tariff rate increases to most leading US trade partners, are set to take effect on August 7, after the administration finalized the rates on August 1. These changes will significantly increase the tariff rate on leading electrical system and lighting component exporting countries, including China (54.0%), Mexico (25.0%), Vietnam (20.0%), and Taiwan (20.0%).
- The United States also raised tariffs on aluminum and steel, common inputs in electrical systems and components, to 50.0% in July, adding to rising costs in this sector.
- Lighting companies, such as Signify, commonly operate factories in Mexico and import components from China, indicating that higher tariffs will increase operating costs for suppliers with domestic manufacturing operations, in addition to increasing the cost of imported finished products.
- As many electrical systems and components, such as electrical transformers and switchgear systems, are already facing shortages and price increases, higher tariffs are likely to drive up prices further. For example, electrical transformer prices have already risen 70.0% to 100.0% since 2020, and higher tariffs are expected to push up prices further as Mexico, Canada, and China supply 80.0% of the transformers used in the United States.
- Likewise, the United States is reliant on imports for many major lighting components. For example, according to the Department of Energy, 94.0% of all LED imports to the United States were manufactured in China.
United States announces new tariffs on all imported steel
- In February 2025, the United States announced 25.0% tariffs on all imported steel with no exemptions or exceptions. The tariffs took effect on March 12, 2025. On June 4th, these tariffs were increased further to 50%. These tariffs were not impacted by a recent court decision that temporarily suspended duties on certain goods as they were implemented under Section 232 of the Trade Expansion Act.
- Previously, countries such as Canada, Mexico, and Brazil, the top exporters of steel to the United States, had exemptions from tariffs. These have now been removed and all imported steel, regardless of origin, will be subject to the 50.0% tariff. However, on May 8th, the US announced an agreement with the United Kingdom to remove all levies on steel exported from the UK.
- When tariffs on steel imports were introduced in March 2018, they contributed to an increase in the price of steel and steel products. According to the Bureau of Labor Statistics, the price of steel-milled products increased by 10.2% in the year after the tariffs were implemented. This market heavily relies on steel as an input and may be impacted by this policy.
Global Circuit Breakers Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1 China | 2,555 |
| #2 Europe | 2,100 |
| #3 India | 1,185 |
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2
Geography Drilldown - US
Average Cost of Circuit Breakers
United States
2026 Market Pricing$5.00 to $X,XXX.XX
per circuit breakerAverage Price
Prices in the Circuit Breakers market range from $5.00 to $X,XXX.XX, depending on Amp Rating, Voltage Rating, Brand Reputation and Trip Speed. For example, lower prices are associated with Low amp rating (lower than 100 amps) ($2.00 to $450 per breaker), whereas higher prices are associated with High amp rating (thousands of amps) ($1,000 to $35,000 per breaker).
Need the scoop on international price trends?
Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Circuit Breakers Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Circuit Breakers market, prices in the US have grown 3.7% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
United States (2025-2028)
Compound Annual Growth Rate
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Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Circuit Breakers
Total cost of ownership is Low in the Circuit Breakers market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs.
Negotiated Before
Transportation
Billed During
Maintenance
Buyer Power in Procurement Negotiations
In 2026, buyer power amounts to -2.6 in the United States. Buyer power is most positively impacted by Recent Developments. It is most negatively impacted by Market Share Concentration. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Iron & Steel Manufacturers
- Wire & Cable Manufacturers
- Screw, Nut & Bolt Manufacturers
- Plastic Pipe & Parts Manufacturers
2nd
Tier Suppliers
- Iron Ore Miners
- Steel Rolling & Drawing Firms
- Nonferrous Metal Rolling & Alloying Firms
- Metalworking Machinery Manufacturers
- Plastic & Resin Manufacturers
Biggest Circuit Breakers Suppliers in the US by Revenue
The largest Circuit Breakers vendors by revenue in the US are Menard, Inc., Westinghouse and Eaton Corporation Plc. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| Siemens Ag | Global | Munich , DE | >10,001 | 5-10 | ||||
| General Electric Company | Global | EVENDALE | >10,000 | 5-10 | ||||
| Schneider Electric Se | Global | Paris, FR | >10,001 | 5-10 | ||||
| Abb Ltd | Global | Zurich | >10,000 | 5-10 | ||||
| Eaton Corporation Plc | Global | DUBLIN | >10,000 | 5-10 | ||||
| Westinghouse | Global | Pittsburgh, PA | 1,001-10,000 | < 5 | ||||
| Menard, Inc. | Regional | Eau Claire, WI | >10,000 | < 5 | ||||
Looking for a list of suppliers by country?
Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.
Profit Analysis
The average profit margin across vendors in the Circuit Breakers market is 5.2% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is falling, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
Vendor risk in the circuit breakers market is heightened due to moderate supply chain risks for key inputs such as steel and plastic.
Supply chain risk in this market is moderate due to high volatility in raw materials like copper and steel and the dependence on specialized components that may be subject to supply disruptions. This volatility can lead to fluctuations in manufacturing costs and affect profit margins.
Market share concentration in the circuit breaker market is low, with the top four vendors (ABB Ltd., Eaton Corporation, General Electric Company and Siemens AG) accounting for less than 40.0% of total market revenue.
As the United States is a net importer of circuit breakers, buyers can effectively leverage the option of sourcing from an international supplier against a domestic supplier. However, recent tariffs - including a 10.0% universal tariff on most foreign goods and targeted duties on electrical components - have increased import costs and introduced new supply chain risks, likely driving up circuit breaker prices and reducing the flexibility of global sourcing options.
Supplier Information
Abb Ltd
ABB Ltd. is a global technology company that offers comprehensive electrification, robotics, automation, and motion solutions, primarily serving the distribution utilities, renewables, and transport & infrastructure markets. It organizes its business into four segments: the Electrification segment, which Subscribe to learn more
Eaton Corporation Plc
Eaton Corporation Plc is a public company operating globally in the manufacturing sector. The company's offerings include electric vehicle charging station construction & maintenance, electric vehicle charging stations, electric ac motors, electric dc motors, hydraulic motors. Founded in 2018, the company... Subscribe to learn more
General Electric Company
General Electric Company (dba GE Aerospace) is a global aerospace company that provides engines, systems, and services to commercial, government, and military markets. It organizes its business into two segments: the Commercial Engines & Services segment, which designs and manufactures jet engines for commercial... Subscribe to learn more
Schneider Electric Se
Schneider Electric Se is a public company operating globally in the manufacturing, information, finance & insurance and professional, scientific & technical services sectors. The company's offerings include dampers, power supply units, power adapters & inverters, uninterruptible power supply systems, panelboards.... Subscribe to learn more
Siemens Ag
Siemens Ag is a public company operating globally in the manufacturing, information, real estate & rental & leasing, professional, scientific & technical services, administration, business support and waste management services and other services (except public administration) sectors. The company's offerings... Subscribe to learn more
Menard, Inc.
Menard, Inc. is a private company operating regionally in the construction, manufacturing and real estate & rental & leasing sectors. The company's offerings include snow plows, fire doors, scaffolding rental, security wire fencing, nails. Founded in 1958, the company is currently headquartered in Eau Claire,... Subscribe to learn more
Westinghouse
Westinghouse Electric Company LLC is a private company operating globally in the manufacturing sector. The company's offerings include circuit breakers. Founded in 1886, the company is currently headquartered in Cranberry Township, Pennsylvania, United States of America with an estimated employee count of... Subscribe to learn more
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Procurement Management KPIs for the Circuit Breakers Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Customer Retention Rate and Customer Satisfaction (CSAT). Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Compatibility and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Customer Retention Rate |
|
Client Testimonials Press Reports |
Vendors with a higher customer retention rate indicate a higher quality of service. The customer retention rate can determine the extent to which a company’s customer base fluctuates over time. |
| Customer Satisfaction (CSAT) |
|
Number of positive customer responses Number of customer responses |
Customer satisfaction can help buyers understand how well-received a supplier's products and services are by the supplier's customers. Because motion detectors are often integrated into security and other comprehensive systems, it is important for buyers to be confident in motion detectors' usefulness, ease of use, performance, and so on. |
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Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Experience and Expertise
How long have you been active in the circuit breakers market?
What are some similar clients you have provided your products to, along with dates and contract periods?
Vendor Financial Risk
Has your company ever been at risk of bankruptcy? How were your clients affected?
How much of your revenue comes from your five largest customers? What impact on your profitability would there be if you lost a big customer?
Business Relationships
How sensitive is your company to price changes for key inputs? How sensitive are your suppliers to input cost changes?
Have you faced problems with your supply chain in the past? If so, how did you overcome these issues? Do you anticipate delays as a result of the coronavirus outbreak?
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Circuit Breakers RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should give a brief overview of their organization and its core operations.
Buyers should state the intended application of the units.
Statement Of Need
Buyers should explain all the necessary technical information on the desired circuit breaker units.
Buyers should state the order volume for each type of unit required.
Project Budget
Buyers should explicitly state the amount of the contract award.
Buyers should specify their preferred schedule for payments.
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We display average pricing information, trends and market data.
Our Reports include:
- Opportunity assessment
- Market dynamics
- Recent developments
- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
- Geographic wage rates
- Global market updates
- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
