According to the latest findings by the International Energy Agency (IEA), 30% of the final worldwide energy consumption was due to the energy consumed in buildings in 2018.[1] Evidently, the total energy consumption in these buildings is attributable to the electricity consumption for cooling systems, household appliances, and other plug loads in the buildings that use circuit breakers of high, medium, or low voltage levels. The global import of the circuit breakers for a voltage less than or equal to 1 volt alone was valued to be $7.2 billion in 2017,[2] according to the International Trade Center (ITC). Similarly, the high and medium voltage circuit breakers had observed an augmented import. This resonates with the fact that the global circuit breaker market had a market size $7.12 billion as of 2018. Furthermore, the demand for circuit breakers is projected to grow with a modest compound annual growth rate (CAGR) of 4.07% during the forecast period of 2019 to 2025. ...