Market Forecast by Voltage (low voltage and medium voltage), by Type (power fuse and fuse links, distribution cut-outs, cartridge and plug fuses and others), by End User (residential, commercial, industrial, utilities and transportation), By Regions (Global, Europe, Africa, Asia Pacific, North America and Latin America) and Competitive Landscape
Product Code: ETC054888 | Publication Date: May 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global electric fuse market is projected to grow at a high rate during the forecast period due to the intensifying adoption of renewable energy sources. The major factors driving the growth of Global electric fuse market include rising investments in the renewable power industry, transmission and distribution infrastructure, and construction industry. A metal wire or strip is a vital component of an electric fuse, as it melts when a high current flows through it, thereby interrupting the electric current. It is used for short circuit and overload protection in high voltage and low voltage installations. Due to the covid-19 pandemic, the market growth was affected but it is expected to be a cover-up in few years as electric fuse has zero maintenance, lesser operation time compared to the operation of a circuit breaker, and the ability to interrupt short circuit current without producing smoke or noise.
According to 6Wresearch, the Global Electric Fuse Market size is anticipated to register growth during 2020-26. At present, according to the Energy Information Administration (EIA), in the US, the investment in circuit protection equipment has increased over the last decade, which would result in rising opportunities for the use of electric fuses by the utilities. Based on region, Asia-Pacific is dominating the largest share in the electric fuse market owing to better investments in the smart grid infrastructure development, T&D spending, rising dependence on renewable power generation sources, and infrastructural activities over the past few years.
Based on voltage, Global Electric Fuse market is categorized into low and medium. Out of which the Medium segment is expected to be the fastest-growing in the market. There is high demand for medium voltage fuse due to the continuous construction of transmission and distribution networks along with the high replaceability of fuses. Based on type, Global Electric Fuse Market is segmented into Power fuse and fuse links, Distribution cutouts, Cartridge and plug fuses and others. In terms of the end-users, the market is further categorized into Residential, Commercial, Industrial, Transportation and Utilities. The transportation segment is expected to witness the highest growth rate over the forecast period.
The major players operating in Global electric fuse market are Eaton (Ireland), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Hubbell (US), Legrand (France), Mersen (France), Little Fuse (US), Bel Fuse (US), S&C Electric Company (US), and G&W Electric (US).
Global Electric Fuse Market report thoroughly covers the market by types, voltage, end-users, and regions including Asia-Pacific, North America, Europe, the Middle East & Africa, and South America and key countries. Global Electric Fuse Market outlook report provides an unbiased and detailed analysis of the ongoing Global Electric Fuse Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Global Electric Fuse Market Overview |
3.1. Global Electric Fuse Market Revenues, 2019 & 2026F |
3.2. Global Electric Fuse Market - Industry Life Cycle |
3.3. Global Electric Fuse Market - Porter's Five Forces |
3.4. Global Electric Fuse Market Revenue Share, By Type, 2019 & 2026F |
3.5. Global Electric Fuse Market Revenue Share, By Voltage, 2019 & 2026F |
3.6. Global Electric Fuse Market Revenue Share, By End User, 2019 & 2026F |
3.7. Global Electric Fuse Market Revenue Share, By Regions, 2019 & 2026F |
4. Global Electric Fuse Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Global Electric Fuse Market Trends |
6. Global Electric Fuse Market, By Type |
6.1. Global Electric Fuse Market, By Type |
6.1.1. Overview and Analysis |
6.1.2. Global Electric Fuse Market Revenues, By Power Fuse and Fuse Links, 2016 - 2026F |
6.1.3. Global Electric Fuse Market Revenues, By DIstribution Cutouts, 2016 - 2026F |
6.1.4. Global Electric Fuse Market Revenues, By Cartridge and Plug Fuses, 2016 - 2026F |
6.1.5. Global Electric Fuse Market Revenues, By Others, 2016 - 2026F |
7. Global Electric Fuse Market, By Voltage |
7.1. Global Electric Fuse Market, By Voltage |
7.1.1. Overview and Analysis |
7.1.2. Global Electric Fuse Market Revenues, By Low Voltage, 2016 - 2026F |
7.1.3. Global Electric Fuse Market Revenues, By Medium Voltage, 2016 - 2026F |
8. Global Electric Fuse Market, By End User |
8.1. Global Electric Fuse Market, By End User |
8.1.1. Overview and Analysis |
8.1.2. Global Electric Fuse Market Revenues, By Residential, 2016 - 2026F |
8.1.3. Global Electric Fuse Market Revenues, By Commercial, 2016 - 2026F |
8.1.4. Global Electric Fuse Market Revenues, By Industrial, 2016 - 2026F |
8.1.5. Global Electric Fuse Market Revenues, By Utilities, 2016 - 2026F |
8.1.6. Global Electric Fuse Market Revenues, By Transportation, 2016 - 2026F |
10. Latin America Electric Fuse Market |
10.1. Latin America Electric Fuse Market, By Type |
10.2. Latin America Electric Fuse Market, By Voltage |
10.3. Latin America Electric Fuse Market, By End User |
10.4. Latin America Electric Fuse Market, By Countries |
11. North America Electric Fuse Market |
11.1. North America Electric Fuse Market, By Type |
11.2. North America Electric Fuse Market, By Voltage |
11.3. North America Electric Fuse Market, By End User |
11.4. North America Electric Fuse Market, By Countries |
12. Middle East Electric Fuse Market |
12.1. Middle East Electric Fuse Market, By Type |
12.2. Middle East Electric Fuse Market, By Voltage |
12.3. Middle East Electric Fuse Market, By End User |
12.4. Middle East Electric Fuse Market, By Countries |
13. Europe Electric Fuse Market |
13.1. Europe Electric Fuse Market, By Type |
13.2. Europe Electric Fuse Market, By Voltage |
13.3. Europe Electric Fuse Market, By End User |
13.4. Europe Electric Fuse Market, By Countries |
14. Africa Electric Fuse Market |
14.1. Africa Electric Fuse Market, By Type |
14.2. Africa Electric Fuse Market, By Voltage |
14.3. Africa Electric Fuse Market, By End User |
14.4. Africa Electric Fuse Market, By Countries |
15. Global Electric Fuse Market |
15.1. Global Electric Fuse Market, By Type |
15.2. Global Electric Fuse Market, By Voltage |
15.3. Global Electric Fuse Market, By End User |
15.4. Global Electric Fuse Market, By Countries |
16. Global Electric Fuse Market Key Performance Indicators |
17. Global Electric Fuse Market - Opportunity Assessment |
17.1. Global Electric Fuse Market Opportunity Assessment, By Type, 2019 & 2026F |
17.2. Global Electric Fuse Market Opportunity Assessment, By Voltage, 2019 & 2026F |
18. Global Electric Fuse Market - Competitive Landscape |
18.1. Global Electric Fuse Market Revenue Share, By Companies, 2019 |
18.2. Global Electric Fuse Market Competitive Benchmarking, By Operating and Technical Parameters |
19. Company Profiles |
20. Recommendations |
21. Disclaimer |