Electric Fuse Market

Electric Fuse Market by Type (Power Fuse & Fuse Link, Distribution Cutouts, Cartridge & Plug Fuse), Voltage (Low, Medium), End-Users (Utilities, Industrial, Residential, Commercial, Transportation), and Region - Global Forecast to 2023

Report Code: EP 6891 Feb, 2019, by marketsandmarkets.com

[143 Pages Report] The global electric fuse market is projected to reach a size of USD 4.3 billion by 2023, at a CAGR of 4.24%, from an estimated USD 3.5 billion in 2018. This growth can be attributed to growing investments in renewable and energy storage, increasing investments in T&D infrastructure plans, and revival of investments in construction sector.

Electric Fuse Market

By type, the power fuse & fuse link segment accounts for the largest contributor in the electric fuse market during the forecast period.

The power fuse & fuse link segment of the electric fuse market is driven by the rising demand for medium voltage fuses in T&D networks, transformers, circuit and motor protection, along with industrial applications and renewable energy generation and distribution. These types of electric fuses are made of an alloy of silver, copper, or tin, and the chamber of fuse links is generally filled with boric acid, as it has low refilling cost and coordinates better with transformers and distribution networks. The fuse links are designed with high rupturing capacity so that the current flows in specific standards.

The utilities segment is expected to be the largest contributor during the forecast period.

The demand from utilities for electric fuses is frequent because of their short life span and low replaceability cost. According to the EIA, in the US, the investments on circuit protection equipment have risen by 69% over the last decade, thus creating opportunities for the usage of electric fuses by the utilities. The rising safety issues related to photovoltaic systems and distributed energy resources are other factors driving the demand for electric fuses from the utilities.  The utilities operate at a high voltage level at 11 kV, 22 kV, and 33 kV, thus medium voltage electric fuses are preferred.

Electric Fuse Market

Asia Pacific is expected to account for the largest market size during the forecast period.

Electric fuse market has been analyzed with respect to 5 regions, namely, North America, Europe, South America, Asia Pacific, and The Middle East and Africa. The market in Asia Pacific is estimated to be the largest market from 2018 to 2025. China and India are among the largest markets in the world and also has rising per capita consumption of energy due to increased industrialization and manufacturing. The countries have seen rapid infrastructure development during the past years.

The major players in the global electric fuse market are Schneider Electric (France), Siemens (Germany), Mersen (France), ABB (Switzerland), Eaton (Ireland), Bel Fuse Inc. (US), Littelfuse (US), Legrand (France), S&C Electric Company (US), G&W Electric Company (US), Schurter (Switzerland), and Hubbell (US).

Recent Developments

  • In January 2019, Mersen announced the launch of Class RK1 Reducer Fuses product series. The new developed product suits well to manufacturing facilities, and has high reliability performance, durability, and arc flash mitigation features to distinguish it from other fuses. The company is determined to expand its product portfolio, through such developments.
  • In December 2018, Schurter extended its range of current ratings for its ceramic fuse series SHF 6.3x32. The upgraded fuse series can operate in 13 current rating between 500 mA and 8 A. The SHF 6.3x32 fuses can be used for leading free systems. The company intends to strengthen its fuses portfolio for numerous current and voltage ratings
  • In September 2018, Littlefuse launched a new series of PICO 242 Series Hazardous Area Barrier network fuse that prevents fires and explosion in critical situations. The fuse has quality to prevent the circuit from overheating and thus minimizes the risk of short circuit. The company intends to strengthen itts product portfolio with such development and launches.
  • In July 2018, Bel Fuse launched a new few series 0ADHC, which is a type of power fuses. The new power fuse series, is fast acting, ceramic tube fuse, having compact dimensions. The 0ADHC series has high breaking capacity, protecting digital and analog multimeters.

Key Questions addressed by the report

  • The report identifies and addresses key markets for electric fuse, which would help manufacturers review the growth in demand.
  • The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
  • The report will help key players understand the strategies of their competitors better and make better strategic decisions.
  • The report addresses the market share analysis of key players in electric fuse market and with the help of this companies can enhance their revenues in respective market.
  • The report provides insights about emerging geographies for electric fuse and hence entire market ecosystem can gain competitive advantage from such insights.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst


Table Of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives Of the Study
    1.2 Definition
    1.3 Market Scope
           1.3.1 Market Segmentation
           1.3.2 Regional Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Limitation
    1.7 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Methodology Scope
    2.2 Market Size Estimation
           2.2.1 Ideal Demand Side Analysis
                    2.2.1.1 Calculation
                    2.2.1.2 Assumptions
           2.2.2 Supply Side Analysis
                    2.2.2.1 Calculation
           2.2.3 Forecast
    2.3 Some Of the Insights Of Industry Experts

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Opportunities in the Electric Fuse Market During the Forecast Period
    4.2 Electric Fuse Market, By Region
    4.3 Asia Pacific Electric Fuse Market, By Type & Country
    4.4 Electric Fuse Market, By Voltage
    4.5 Electric Fuse Market, By End Users

5 Market Overview (Page No. - 31)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Investments in Renewable and Energy Storage
                    5.2.1.2 Increasing Investments in T&D Infrastructure Plans
                    5.2.1.3 Revival Of Investments in Construction Sector
           5.2.2 Restraints
                    5.2.2.1 Increasing Demand for Substitutes Such as MCBS, MCCBS, and Relays
                    5.2.2.2 Increasing Investments in Smart Grid Vision
           5.2.3 Opportunities
                    5.2.3.1 Upgrading Of the Existing Substations and Feeder Line Protection
                    5.2.3.2 Execution Of Performance-Based Incentive Schemes and Definite Service Programs
           5.2.4 Challenges
                    5.2.4.1 Delays in Grid Expansion Projects

6 Electric Fuse Market, By Type (Page No. - 37)
    6.1 Introduction
    6.2 Power Fuse & Fuse Link
           6.2.1 North America is the Second Largest Market for Power Fuse & Fuse Link
    6.3 Distribution Cutout
           6.3.1 Asia Pacific is Expected to Have the Largest Share in the Segment
    6.4 Cartridge & Plug Fuse
           6.4.1 Major Applications Driving Demand Of Cartridge and Plug Fuse Include Electrical Appliances and Lighting Products
    6.5 Others

7 Electric Fuse Market, By Voltage Range (Page No. - 42)
    7.1 Introduction
    7.2 Low Voltage
           7.2.1 Low Voltage Fuse Market is Driven By Rising Investments in Renewable Energy Generation & Distribution and Rising Demand for Energy Storage
    7.3 Medium Voltage
           7.3.1 Demand is Driven By Strong Investments in Transmission and Distribution Network Along With High Replaceability Of Fuses

8 Electric Fuse Market, By End-User (Page No. - 46)
    8.1 Introduction
    8.2 Utilities
           8.2.1 Asia Pacific Dominated the Electric Fuse Market in Utilities Segment
    8.3 Residential
           8.3.1 Electrical Safety Norms are Increasingly Becoming Stringent for Residential Buildings to Avoid Critical Accidents is Expected to Drive Segment
    8.4 Commercial
           8.4.1 North America is the Second Largest Market in Commercial Segment
    8.5 Industrial
           8.5.1 Motors and Transformers are Major Applications Driving Demand for Electric Fuses in the Industrial Segment
    8.6 Transportation
           8.6.1 Demand for Electric Fuses is Driven By the High Growth and Developments in the Global Railway Industry

9 Electric Fuse Market, By Region (Page No. - 52)
    9.1 Introduction
    9.2 North America
           9.2.1 By Type
           9.2.2 By Voltage Range
           9.2.3 By End-User
           9.2.4 By Country
                    9.2.4.1 US
                               9.2.4.1.1 Utilities is Largest Segment for Electric Fuse Market
                    9.2.4.2 Canada
                               9.2.4.2.1 Medium Voltage Segment Dominated the Canadian Electric Fuse Market
                    9.2.4.3 Mexico
                               9.2.4.3.1 Power Fuse & Fuse Link Segmented Dominated the Mexican Electric Fuse Market
    9.3 Europe
           9.3.1 By Type
           9.3.2 By Voltage Range
           9.3.3 By End-User
           9.3.4 By Country
                    9.3.4.1 UK
                               9.3.4.1.1 Power Fuse & Fuse Link Segmented Dominated the UK Electric Fuse Market
                    9.3.4.2 Germany
                               9.3.4.2.1 Strong Investment in Renewable and Electrical Network Will Drive Electric Fuse Market
                    9.3.4.3 France
                               9.3.4.3.1 Transition Scenario is Likely to Bring Changes in the Distribution Network and Will Create Opportunities for the Growth Of the 68
                    9.3.4.4 Spain
                               9.3.4.4.1 Utilities is Largest Segment End-User for Electric Fuse
                    9.3.4.5 Italy
                               9.3.4.5.1 Medium Voltage Segment Dominated the Electric Fuse Market
                    9.3.4.6 Rest Of Europe
    9.4 Asia Pacific
           9.4.1 By Type
           9.4.2 By Voltage Range
           9.4.3 By End-User
           9.4.4 By Country
                    9.4.4.1 China
                               9.4.4.1.1 Large Investment in the Development Of the Distribution Network, Integration Of Regional Networks, and Construction Of New is Major Market77
                    9.4.4.2 India
                               9.4.4.2.1 Low Voltage Segment is Expected to Be Fastest Growing Segment in the Region
                    9.4.4.3 Australia
                               9.4.4.3.1 Strong Investment in Energy Storage is Expected to Drive Electric Fuse Market
                    9.4.4.4 Japan
                               9.4.4.4.1 Large Replacement Market is Major Drive for Electric Fuse
                    9.4.4.5 Malaysia
                               9.4.4.5.1 Focus on the Expansion Of the Electricity Distribution Network Will Drive Electric Fuse Market
                    9.4.4.6 Vietnam
                               9.4.4.6.1 Power Fuse and Fuse Link Segment Dominated Electric Fuse Market
                    9.4.4.7 South Korea
                               9.4.4.7.1 Transition in Electrical Power Sector Towards Renewables is Expected to Drive Investment in Electric Market
                    9.4.4.8 Indonesia
                               9.4.4.8.1 Indonesian Electric Fuse Market is Driven By Continuous Industrialization, Commercialization, and the Integration Of Renewable Energy
    9.5 Middle East & Africa
           9.5.1 By Type
           9.5.2 By Voltage Range
           9.5.3 By End-User
           9.5.4 By Country
                    9.5.4.1 Saudi Arabia
                               9.5.4.1.1 Investments in Distributed Generation and Grid Expansion is Expected to Drive Electric Fuse Market
                    9.5.4.2 Qatar
                               9.5.4.2.1 New Distribution Project is Expected to Drive Demand Of Electric Fuse Market
                    9.5.4.3 UAE
                               9.5.4.3.1 Utilities is the Largest End-User for Electric Fuse in the Country
                    9.5.4.4 South Africa
                               9.5.4.4.1 Government Plans to Boost Small Scale Residential Power Generation From the Solar Energy Source Will Be Major Driver for Electric Fuse Market
                    9.5.4.5 Rest Of Middle East & Africa
    9.6 South America
           9.6.1 By Type
           9.6.2 By Voltage Range
           9.6.3 By End-User
           9.6.4 By Country
                    9.6.4.1 Brazil
                               9.6.4.1.1 Power Fuse and Fuse Link Segment Dominated the Electric Fuse Market
                    9.6.4.2 Argentina
                               9.6.4.2.1 Low Voltage Segment is Expected to Grow at Fastest Rate During the Forecast Period
                    9.6.4.3 Venezuela
                               9.6.4.3.1 Utilities Dominated the Electric Fuse Market
                    9.6.4.4 Rest Of South America

10 Competitive Landscape (Page No. - 105)
     10.1 Overview
     10.2 Ranking Of Players & Industry Concentration
     10.3 Competitive Scenario
             10.3.1 New Product Development
             10.3.2 Expansions & Investments
             10.3.3 Mergers & Acquisitions

11 Company Prolfles (Page No. - 109)
(Business Overview, Products Offered, Recent Developments, MnM View)* 
     11.1 Eaton
     11.2 ABB
     11.3 Schneider Electric
     11.4 Siemens
     11.5 Hubbell
     11.6 Mersen
     11.7 Legrand
     11.8 Schurter
     11.9 S&C Electric Company
     11.10 Bel Fuse
     11.11 Littlefuse
     11.12 G&W
*Details on Business Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case Of Unlisted Companies. 

12 Appendix (Page No. - 136)
     12.1 Insights Of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details


List Of Tables (117 Tables)

Table 1 T&D Investment & Key End User Growth Rate are the Determining Factors for the Global Electric Fuse Market
Table 2 Electric Fuse Market Snapshot
Table 3 T&D Infrastructure Expansion Plans
Table 4 Smart Grid Investment Grant (Sgig) Program, Components Installed in 2016
Table 5 Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 6 Power Fuse & Fuse Link: Electric Fuse Market, By Region, 2016–2023 (USD Million)
Table 7 Distribution Cutout: Electric Fuse Market, By Region, 2016–2023 (USD Million)
Table 8 Cartridge & Plug Fuse: Electric Fuse Market, By Region, 2016–2023 (USD Million)
Table 9 Others: Electric Fuse Market, By Region, 2016–2023 (USD Million)
Table 10 Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 11 Low Voltage Fuse: Electric Fuse Market, By Region, 2016–2023 (USD Million)
Table 12 Medium Voltage Fuse: Electric Fuse Market, By Region, 2016–2023 (USD Million)
Table 13 Global Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 14 Utilities: Electric Fuse Market, By Region, 2016–2023 (USD Mllion)
Table 15 Residential: Electric Fuse Market, By Region, 2016–2023 (USD Mllion)
Table 16 Commercial: Electric Fuse Market, By Region, 2016–2023 (USD Mllion)
Table 17 Industrial: Electric Fuse Market, By Region, 2016–2023 (USD Million)
Table 18 Transportation: Electric Fuse Market, By Region, 2016–2023 (USD Million)
Table 19 Electric Fuse Market, By Region, 2016–2023 (USD Million)
Table 20 North America: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 21 North America: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 22 North America: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 23 North America: Electric Fuse Market, By Country, 2016–2023 (USD Million)
Table 24 US: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 25 US: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 26 US: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 27 Canada: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 28 Canada: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 29 Canada: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 30 Mexico: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 31 Mexico: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 32 Mexico: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 33 Europe: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 34 Europe: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 35 Europe: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 36 Europe: Electric Fuse Market, By Country, 2016–2023 (USD Million)
Table 37 UK: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 38 UK: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 39 UK: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 40 Germany: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 41 Germany: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 42 Germany: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 43 France: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 44 France: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 45 France: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 46 Spain: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 47 Spain: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 48 Spain: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 49 Italy: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 50 Italy: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 51 Italy: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 52 Rest Of Europe: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 53 Rest Of Europe: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 54 Rest Of Europe: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 55 Asia Pacific: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 56 Asia Pacific: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 57 Asia Pacific: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 58 Asia Pacific: Electric Fuse Market, By Country, 2016–2023 (USD Million)
Table 59 China: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 60 China: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 61 China: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 62 India: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 63 India: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 64 India: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 65 Australia: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 66 Australia: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 67 Australia: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 68 Japan: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 69 Japan: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 70 Japan: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 71 Malaysia: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 72 Malaysia: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 73 Malaysia: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 74 Vietnam: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 75 Vietnam: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 76 Vietnam: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 77 South Korea: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 78 South Korea: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 79 South Korea: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 80 Indonesia: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 81 Indonesia: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 82 Indonesia: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 83 Middle East & Africa: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 84 Middle East & Africa: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 85 Middle East & Africa: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 86 Middle East & Africa: Electric Fuse Market, By Country, 2016–2023 (USD Million)
Table 87 Saudi Arabia: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 88 Saudi Arabia: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 89 Saudi Arabia: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 90 Qatar: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 91 Qatar: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 92 Qatar: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 93 UAE: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 94 UAE: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 95 UAE: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 96 South Africa: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 97 South Africa: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 98 South Africa: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 99 Rest Of Middle East & Africa: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 100 Rest Of Middle East & Africa: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 101 Rest Of Middle East & Africa: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 102 South America: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 103 Soth America: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 104 South America: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 105 South America: Electric Fuse Market, By Country, 2016–2023 (USD Million)
Table 106 Brazil: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 107 Brazil: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 108 Brazil: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 109 Argentina: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 110 Argentina: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 111 Argentina: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 112 Venezuela: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 113 Venezuela: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 114 Venezuela: Electric Fuse Market, By End-User, 2016–2023 (USD Million)
Table 115 Rest Of South America: Electric Fuse Market, By Type, 2016–2023 (USD Million)
Table 116 Rest Of South America: Electric Fuse Market, By Voltage Range, 2016–2023 (USD Million)
Table 117 Rest Of South America: Electric Fuse Market, By End-User, 2016–2023 (USD Million)


List Of Figures (37 Figures)

Figure 1 Electric Fuses Market, 2017
Figure 2 Asia Pacific Dominated the Electric Fuse Market in 2017
Figure 3 Power Fuses & Fuse Links Segment is Expected to Hold the Largest Share During the Forecast Period
Figure 4 Medium Voltage Segment is Expected to Lead the Electric Fuse Market During the Forecast Period
Figure 5 Utilities Segment is Expected to Grow at the Highest Cagr During the Forecast Period
Figure 6 Growing Investment in T&D Investment Plans is Driving the Electric Fuse Market, 2018–2023
Figure 7 The Market in South America is Expected to Grow at the Highest Cagr During the Forecast Period
Figure 8 Power Fuses & Fuse Links and China Dominated the Asia Pacific Electric Fuse Market 2017
Figure 9 Medium Voltage Segment is Expected to Dominate the Electric Fuse Market During the Forecast Period, 2017
Figure 10 Utilities Segment Dominated the Electric Fuses Market, By End-User, 2017
Figure 11 Market Dynamics for the Electric Fuse Market
Figure 12 Investments in Renewable Energy Sources, 2004–2016 (USD Billion)
Figure 13 The Power Fuse & Fuse Link Segment is Expected to Lead the Electric Fuse Market, 2017
Figure 14 The Medium Voltage Segment is Expected to Lead the Electric Fuse Market From 2018 to 2023
Figure 15 Utilities Segment is Expected to Lead the Market During the Forecast Period
Figure 16 Regional Snapshot: Asia Pacific is Expected to Grow at the Fastest Rate During the Forecast Period
Figure 17 North America Dominated the Electric Fuse Market in 2017
Figure 18 North American Market Snapshot: the Us to Continue Dominating the Electric Fuse Market (2016–2023)
Figure 19 US: Electric Fuse Market, By Type, 2018–2023
Figure 20 Germany: the Largest Electric Fuse Market in Europe in 2017
Figure 21 Germany: Electric Fuse Market, By Type, 2018–2023
Figure 22 China: the Largest Electric Fuse Market in Asia Pacific in 2017
Figure 23 Asia Pacific Market Snapshot: China is Expected to Continue Dominating the Electric Fuse Market (2016–2023)
Figure 24 Saudi Arabia: the Largest Electric Fuse Market in Asia Pacific in 2017
Figure 25 Brazil: the Largest Electric Fuse Market in South America in 2017
Figure 26 Key Developments in the Electric Fuse Market, 2014–December 2018
Figure 27 Ranking Of Key Players & Industry Concentration, 2017
Figure 28 Eaton: Company Snapshot
Figure 29 ABB: Company Snapshot
Figure 30 Schneider Electric.: Company Snapshot
Figure 31 Siemens: Company Snapshot
Figure 32 Hubbell: Company Snapshot
Figure 33 Mersen: Company Snapshot
Figure 34 Legrand: Company Snapshot
Figure 35 Schurter: Company Snapshot
Figure 36 Bel Fuse: Company Snapshot
Figure 37 Littlefuse: Company Snapshot

This study involved 4 major activities to estimate the current market size for electric fuse. Exhaustive secondary research was done to collect information on the market and peer market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were used to estimate the total market size. Thereafter, the market breakdown and data triangulation was done to estimate the market size of the segments and sub-segments.

Secondary Research

This research study involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the global electric fuse market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.  

Primary Research

The electric fuse market comprises several stakeholders such as end-product manufacturers, transmission and distribution operators, residential and end-users in the supply chain. The demand side of this market is characterized by its end-users such as commercial, residential, industrial, utilities, and transportation. The supply side is characterized by advancements in protection technologies such as comprehensive and fast reacting products and increased emphasis on electric fuse operational lifetime. Various primary sources from both, the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Electric Fuse Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the size of the global electric fuse market and its dependent submarkets. These methods were also used extensively to estimate the size of various sub-segments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and market have been identified through extensive secondary research, and their market shares in the respective regions have been determined through both primary and secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub-segment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides, in the commercial, residential, industrial, utilities, and transportation.

Report Objectives

  • To define, describe, and forecast the global electric fuse market by type, voltage, end-users, and region
  • To provide detailed information on the major factors influencing the growth of the electric fuse market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the electric fuse market with respect to individual growth trends, prospects, and contribution of each segment to the market
  • To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders
  • To forecast the growth of the electric fuse market with respect to the major regions (Asia Pacific, Europe, North America, South America, and The Middle East and Africa)
  • To strategically profile key players and comprehensively analyze their market share and core competencies
  • To track and analyze the competitive developments such as contracts & agreements, expansions, new product developments, mergers & acquisitions, and partnerships in the electric fuse market

Scope of the Report

Report Metric

Details

Market Size available for years

2016-2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Value (USD)

Segments covered

Type, Voltage, End-User, and Region

Geographies covered

Asia Pacific, North America, Europe, The Middle East & Africa, and South America.

Companies covered

Schneider Electric (France), Siemens (Germany), Mersen (France), ABB (Switzerland), Eaton (Ireland), Bel Fuse Inc. (US), Littelfuse (US), Legrand (France), S&C Electric Company (US), G&W Electric Company (US), Schurter (Switzerland), and Hubbell (US)

This research report categorizes the electric fuse market based on product type, end-use and region.

On the basis of type, the electric fuse market has been segmented as follows:

  • Power fuse and fuse links
  • Distribution cutouts
  • Cartridge and plug fuses
  • Others (Capacitor fuses, dropout fuse, battery fuses, and fuse pullers)

On the basis of voltage, the electric fuse market has been segmented as follows:

  • Low Voltage
  • Medium Voltage

On the basis of end-use, the electric fuse market has been segmented as follows:

  • Residential
  • Commercial
  • Industrial
  • Utilities
  • Transportation

On the basis of Region, the electric fuse market has been segmented as follows:

  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:

Regional Analysis

  • Further breakdown of region or country-specific analysis

Company Information

  • Detailed analyses and profiling of additional market players (up to 5)
Report Code
EP 6891
Published ON
Feb, 2019
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