Accessibility StatementSkip Navigation According to Global Market Insights, the global low- and medium-voltage circuit breaker market is projected to grow from USD 12.2 billion in 2024 to nearly USD 29.2 billion by 2034, representing a compound annual growth rate (CAGR) of 8.8% — a 2.4-fold increase over the decade. An HD Hyundai Electric official said, "With the acquisition of UL certification, we plan to expand our presence beyond high-voltage transformers — where we have consistently held the top market ...