Top Electric Fuse Companies

The global electric fuse market is projected to reach USD 5.07 billion by 2030 from USD 4.00 billion in 2025, registering a CAGR of 4.9%. The expansion of power distribution networks, grid modernization programs, and the rising integration of renewable and distributed energy systems drive market growth. Electric fuses play a crucial role in ensuring circuit reliability, protecting equipment, and ensuring personnel safety across residential, commercial, industrial, and utility applications. The demand for electric fuses is further supported by the rapid electrification of transportation, the growing EV charging infrastructure, and an increased focus on smart grids and energy efficiency. Advancements in fuse materials, miniaturization of design, and coordination technologies have enhanced their response speed, thermal performance, and fault interruption capabilities, thereby improving safety and operational continuity.

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

Major players in the electric fuse market include ABB (Switzerland), Siemens (Germany), Eaton (Ireland),  Schneider Electric (France), and Mersen (France). These leading companies are adopting various growth strategies to strengthen their market presence, such as expanding product portfolios, developing smart fuse technologies, and establishing partnerships with utilities and OEMs to support grid reliability and industrial safety. They are also investing heavily in R&D to enhance fuse performance, thermal endurance, and coordination with modern protection systems used in renewable, industrial, and transportation applications. In addition, these companies are expanding their manufacturing capabilities and leveraging digital tools for monitoring and predictive maintenance to align with the evolving requirements of smart grids and e-mobility. They continue to collaborate with power utilities, electrical equipment manufacturers, and EV infrastructure developers to improve system integration and accelerate product deployment across low-, medium-, and high-voltage applications. For example, in May 2024, Eaton introduced a new portfolio of Bussmann series fuses designed for electrified commercial vehicles. These fuses can handle up to 1,400 amps and 900 volts, and can be customized to meet specific customer requirements. Eaton's fuses are engineered to withstand the harsh and cyclic environments typical of commercial EVs, ensuring reliable performance even under vibration and thermal stress.

ABB (Switzerland) is a leading manufacturer and developer of electrical protection and distribution products, including electric fuses marketed under its ABB Protection & Connection portfolio. The company provides a wide range of fuses designed for low-, medium-, and high-voltage applications, serving utilities, industrial plants, data centers, transportation systems, and renewable energy installations. ABB's fuses are integral to switchgear, transformers, motors, and grid protection systems, ensuring circuit reliability and safety in demanding environments. ABB operates through four core business segments: Electrification, Motion, Process Automation, and Robotics & Discrete Automation, with fuse products primarily offered under the Electrification segment. ABB's medium-voltage fuse range includes current-limiting and backup fuses, optimized for switch-fuse combinations and transformer protection, while its low-voltage range features cylindrical and NH fuses suited for industrial and commercial use. The company employs a hybrid sales model, combining direct sales with a strong network of authorized distributors, EPC partners, and OEMs. ABB has a global presence across Europe, North America, Asia Pacific, and the Middle East, supported by manufacturing facilities and R&D centers in over 100 countries. ABB continues to strengthen its fuse business by integrating digital diagnostics, predictive maintenance features, and modular protection systems that align with smart grid, e-mobility, and renewable energy integration goals. Recent developments include the expansion of its Fusegear product line and the introduction of compact protection devices designed to reduce space requirements and improve coordination in modern electrical networks.

Eaton (Ireland) is a globally recognized provider of power management and protection solutions, offering a broad range of electric fuses under its Bussmann series. The company's fuse portfolio covers low-voltage, medium-voltage, and high-voltage protection applications used in industrial machinery, commercial infrastructure, utilities, EV charging networks, and transportation systems. Eaton's electric fuses are known for high interrupting capacity, compact form factor, and compliance with international safety standards. Eaton operates through several business segments: Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility. Fuse products are primarily managed under the Electrical Global and eMobility divisions. The company's Bussmann series EV fuses are designed to protect high-voltage batteries, inverters, and charging systems in electric vehicles, offering superior current-limiting performance and fast fault isolation. Its industrial and utility fuses include HRC fuses, NH fuses, and bolt-on types tailored for equipment protection and distribution safety. Eaton distributes its products through direct channels, system integrators, and authorized partners, maintaining an extensive presence across North America, Europe, and Asia Pacific. The company continues to invest in R&D and testing facilities to enhance fuse endurance, reduce thermal stress, and enable compatibility with smart grid architectures. In April 2025, Eaton introduced its next-generation EV Bussmann series, developed to meet the growing demand for fast-charging and high-power applications in electric mobility. Eaton also collaborates with OEMs and utilities to co-develop fuse systems optimized for distributed energy resources, renewable integration, and grid reliability.

Market Ranking:

The electric fuse market is highly consolidated, with a small number of major players accounting for the majority of global market activity. The combined market share of ABB (Switzerland), Siemens (Germany), Eaton (Ireland),  Schneider Electric (France), and Mersen (France) is estimated to be between 30% and 35%. These companies maintain a strong presence across various voltage classes and applications, leveraging advanced technologies, global manufacturing networks, and long-term customer relationships.

ABB leads the market through its wide range of low- and medium-voltage fuse protection systems designed for power distribution, industrial automation, and renewable energy applications. The company emphasizes innovation in fuse design to enhance safety, reliability, and operational continuity in electrical networks. Schneider Electric is recognized for its specialization in low-voltage and electronic fuses used in automotive, consumer electronics, and industrial systems. It focuses on R&D to support miniaturization, high-speed protection, and compliance with global safety standards. Mersen maintains a strong foothold in high-power fuse solutions, catering to renewable energy systems, EV charging infrastructure, and semiconductor manufacturing. The company continues to expand through acquisitions and partnerships aimed at strengthening its presence in North America and the Asia Pacific region. Overall, these players are focusing on strategic partnerships, product innovations, and manufacturing expansions to meet the growing demand for fuses in the renewable power, transportation, and industrial automation sectors.

Related Reports:

Electric Fuse Market by Type (Power Fuse & Fuse Link, Distribution Cutouts, Cartridge & Plug Fuse), Current Type (AC, DC), Voltage (Low, Medium, High), End Users (Utilities, Transportation, Industrial, Residential, Commercial), Region - Global Forecast to 2030

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets Inc.
1615 South Congress Ave.
Suite 103,
Delray Beach, FL 33445
USA : 1-888-600-6441
sales@marketsandmarkets.com