North American low voltage DC circuit breaker market is expected to grow at a CAGR of 7.4% during the forecast period. North America has significant market growth owing to the rising installation of solar panels, significant automobile sector, and high adoption of renewable energy. In North America, particularly in the US, there are numerous programs which are promoting the growth of the market. Solar power production incentive act 1990 is an amendment to the PURPA of 1978 and the Federal Power Act. The main purpose is to remove the size limitations placed on renewable energy facilities, such as solar and wind, in order to receive PURPA benefits.
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