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Electric and Electronic Fuse Market 2019- 2025
Electric and Electronic Fuse Market Worth $5.5 billion by
2025 | Meticulous research
Meticulous Research® – leading global market research company published a research
report titled Electric and Electronic Fuse Market by Fuse Type (Power Fuse & Fuse
Link, Distribution Cut-out, Cartridge & Plug Fuse), Voltage (Low, Medium), and
Application (Utilities, Industrial, Residential, Commercial) - Global Forecast to 2025.
According to this latest publication from Meticulous Research®, the global electric
and electronic fuse market is expected to grow at a CAGR of 6.0% from 2019 to reach
$5.5 billion by 2025. The global fuse market is majorly driven by factors such as
pouring investment for more power generation, strong growth in the electronics
industry, and revolutionary reform in the global railway industry. In addition, growing
replacements of mechanical components with advanced electronic components and
growing investments in renewable energy are further supporting the growth of electric
and electronic fuses market. Moreover, on-going and proposed plans for upgrading
existing electrical infrastructure and consistently increasing space programs across the
globe provides significant opportunities for the vendors in this market. However,
availability of high efficiency substitute for fuse and increasing investment in smart
grid restricts the growth of this market to some extent.
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The global electric and electronic fuses market study presents historical market data in
terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2025by fuse type (power fuse and fuse link, distribution cut out, cartridge and plug fuse, and
others), voltage (low, medium, and high), application (utilities, industrial, residential,
commercial, transportation, and others), and geography. The study also evaluates
industry competitors and analyses the market at regional and country level.
Based on product type, electric fuse segment is estimated to command the largest
share of the overall fuse market in 2019, owing to huge consumption of electric fuses
in electric transmission and distribution networks, circuit and motor protection, and
electronics sector. Also, factors such as increasing per capita energy consumption and
growing investment in the power generation sector further supports the growth of
electric fuse market.
Based on fuse type, power fuse and fuse links segment are estimated to command the
largest share of the electric and electronic fuses market in 2019. This segment is also
expected to witness the fastest growth during the forecast period, attributed to the
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Electric and Electronic Fuse Market 2019- 2025
increasing industrial applications of power fuse and fuse links and growing demand
for medium voltage fuses in the transformers, transmission, and distribution networks
as well as in the renewable energy generation and distribution.
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Based on voltage range, medium voltage segment is estimated to account for the largest
share of the overall fuse market in 2019, owing to growing investment in the electricity
generation and development of the electricity transmission and distribution network
along with the high replaceability of medium voltage fuses.
Based on application, utilities application segment is estimated to command the
largest share of the overall fuse market in 2019, owing to increasing investment in the
electricity generation, transmission, distribution; and short life span and low
replaceability cost of fuses used in utilities segment. Adding to this, utilities segment
is expected to be the second fastest growing application segment of the electric and
electronic fuse market.
This research report analyzes major geographies and provides comprehensive analysis
for North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and
Rest of Europe), Asia-Pacific (China, India, Japan and RoAPAC), Latin America, and
Middle East & Africa. The Asia- Pacific fuse market is developing and expanding at a
significant pace. The rapid growth of this market is mainly attributed to factors such
as increasing per capita consumption of electricity due to growing urbanization and
industrialization, growing construction sector, and growing demand for advanced
electric and electronic appliances. Further, strong manufacturing base and rising
investment for power generation and development of electricity infrastructure in the
developing countries of the region further boosts the growth of electric and electronic
fuses market.
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The key players operating in the global fuse market are Littelfuse, Inc. (U.S.), ABB
Ltd. (Switzerland), Mersen S.A. (France), Schneider Electric SE (France), Bel Fuse
Inc. (U.S.), Bourns Inc. (U.S.), SCHURTER AG (Switzerland), Eaton Corporation Plc
(Ireland), Siemens AG (Germany), SIBA GmbH (Germany), Conquer Electronics Co.,
Ltd. (China), EFEN GmbH (Germany), Hollyland (China) Electronic Technology Co.,
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Electric and Electronic Fuse Market 2019- 2025
Ltd. (China), Protectron Electromech Pvt Ltd. (India), Xiamen SET Electronics Co.
Ltd. (China),Larsen & Toubro Limited (India), G&W Electric Company (U.S.), and
Fuji Electric Co., Ltd. (Japan).
Key questions answered in the report:
• Which are the high growth market segments in terms of type, fuse type,
voltage, application, and countries?
• What is the historical market for fuse across the globe?
• What are the market forecasts and estimates from the period 2019-2025?
• What are the major drivers, restraints, opportunities, and challenges in the
global electric and electronic fuse market?
• Who are the major players in the global electric and electronic fuse market
and what share of the market do they hold?
• Who are the major players in various countries and what share of the market
do they hold?
• How is the competitive landscape?
• What are the recent developments in the global fuse market?
• What are the different strategies adopted by the major players in the global
fuse market?
• What are the geographic trends and high growth countries?
• Who are the local emerging players in the global fuse market and how do
they compete with the other players?
Table of Contents:
1. 1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
3.1. Introduction
3.2. Market Dynamics
Continued…
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Electric and Electronic Fuse Market 2019- 2025
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