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European Low Voltage DC Circuit Breaker Market Size, Share, Analysis, Industry Report And Forecast 2019-2025

European Low Voltage DC Circuit Breaker Market Size, Share, Analysis, Industry Report And Forecast 2019-2025

Submitted by • about 2 hours ago www.omrglobal.com

European low voltage DC circuit breaker market is estimated to grow at a CAGR of 7.9% during the forecast period. Europe is home to various major automotive companies and represents a significant share of the global automotive industry which has significantly contributed to the LVDC circuit breakers market growth. As per the International Organization of Motor Vehicle Manufacturers, around 21 million new vehicles were sold in Europe in 2018. EU 15 +EFTA (European Free Trade Association) has registered sales of around 16.4 million vehicles in 2018.

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Voted by mansi3210

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