Nowadays, Vacuum Circuit Breaker(VCB) is used in the most medium voltage level because vacuum has environment-friendly characteristics as well as excellent dielectric strength. In order to elevate the breaking performance, the improvement of vacuum interrupters and the driving mechanism should be proceeded. In this paper, the development of a Permanent Magnet Actuator could replace the mechanical spring mechanism which is the driving mechanism of existing VCB. The holding force and opening characteristics of magnetic actuator are analysed with FEM and the result is verified through experiment.