eFuse Market

Top Companies in eFuse Industry - Analog Devices, Inc. (US), STMicroelectronics (Switzerland), Monolithic Power Systems, Inc. (US), Microchip Technology (US) and Qorvo, Inc. (US)

The global eFuse market is expected to grow from USD 538 million in 2023 to USD 703 million by 2030. Further, market is projected to reach USD 881 million by 2035, at a CAGR of 4.6% from 2030-2035. The vital role eFuses play in safeguarding electrical circuits is driving up demand for them globally. Overcurrent, overvoltage, and short circuit protection are critical as sophisticated electronics continue to proliferate in anything from consumer devices to industrial machinery. eFuses provide a small, affordable solution that improves system reliability while simultaneously protecting individual components. Their demand is driven by a variety of sectors, including automotive, consumer electronics, and industrial applications. Their ability to be precisely controlled and reset electronically, without needing replacement like traditional fuses, adds significant value in increasingly automated and miniaturised electronic environments.

The eFuse market is served by a mix of large international players with global operational presence and local players with a strong domestic supply network.  Analog Devices, Inc. (US), STMicroelectronics (Switzerland), Monolithic Power Systems, Inc. (US), Microchip Technology (US) and Qorvo, Inc. (US) are the market leaders in the EFuse market. These companies use strategies such as acquisitions, sales contracts, product launches, partnerships to increase their market share.

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Analog Devices, Inc. (US), is a global semiconductor company that designs, manufactures, and markets analog, mixed-signal, and digital signal processing integrated circuits (ICs). The player serves various applications in instrumentation, aerospace and defense, building technology, consumer electronics, communications, healthcare, energy, security and surveillance, and automotive sectors. Analog Devices, Inc. operates in a single reporting segment. Its business focuses on designing, manufacturing, and marketing high-performance analog, mixed-signal and digital signal processing integrated circuits (ICs) used in electronic equipment. The company operates manufacturing centers in the US, the Philippines, Ireland, Thailand, and Malaysia, with business operations spanning the Americas, Europe, Africa, and Asia Pacific.

In February 2023, Analog Devices Inc. completed the acquisition of Maxim Integrated Products, Inc. on August 26, 2021. This acquisition further strengthened Analog Devices' position as a high-performance analog semiconductor company.

STMicroelectronics (Switzerland), is a leading global semiconductor company specializing in designing, developing, manufacturing, and distributing a diverse array of electronic products. Operating within the electronic industry, STMicroelectronics offers semiconductor solutions spanning semiconductors, multimedia products, power applications, and sensors. Its operations are structured into three primary business segments: Automotive and Discrete Group (ADG), Analog, MEMS and Sensors Group (AMS), and Microcontrollers and Digital ICs Group (MDG). Specifically, within the ADG segment, STMicroelectronics offers e-fuses.

Monolithic Power Systems, Inc. (US), is a semiconductor company that designs, develops, and markets semiconductor-based power electronic solutions for various markets. The company provides power management ICs, isolated gate drivers, power modules, battery and chargers, load switches, inductors, sensors, motor drivers, and controllers for industries like storage and computing, automotive, consumer electronics, communications, and industrial applications. Monolithic has a significant global footprint with locations in Asia (primarily in China, India, Japan, South Korea, Singapore, and Taiwan), Europe (primarily in France, Germany, Hungary, Italy, Spain, Switzerland, and the United Kingdom) and the US.

Microchip Technology Inc. (US), develops, manufactures, and sells smart, connected, and secure embedded control solutions globally. The company offers a comprehensive product portfolio that enables customers to create optimal designs, reducing risk and lowering total system cost and time to market. With customers across various industrial, automotive, consumer, aerospace, defense, communications, and computing markets The company has a strong presence in the Americas, Asia, and Europe

In July 2023, Microchip Technology Inc. launched a $300 million multi-year investment initiative to expand its presence in India. This significant move aims to enhance the company's operations in the country. The investment is part of Microchip's strategic efforts to strengthen its footprint and activities in India

Qorvo, Inc. (US), is a technology company that specializes in products for wireless, wired, and power markets. The company operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment provides RF and power for automotive, defense and aerospace, cellular infrastructure, broadband and other markets. Qorvo Inc. has a significant global footprint with locations across various regions. The company has offices and facilities in countries such as Costa Rica, China, India, Japan, South Korea, Malaysia, Taiwan, Denmark, Finland, France, the United Kingdom, Sweden, and the United States

Related Reports:

eFuse Market by Type (Auto Retry, Latched), Package Type (Small Outline No Lead, Dual Flat No Leads, Quad Flat No Leads, Think Shrink Small Outline Package), Application, End User (Automotive, Aerospace, Healthcare, IT) & Region - Global Forecast to 2035

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eFuse Market Size,  Share & Growth Report
Report Code
EP 8994
RI Published ON
4/15/2024
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