-- The “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 presents an in-depth assessment of the Electric Fuse including enabling technologies, key trends, market drivers, challenges, deployment case studies, standardization, opportunities, future roadmap, value chain, Top key player profiles and strategies. The report also presents market size forecasts from 2018 till 2023.
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The Global Electric Fuse Market is projected to reach US$ 4.3 Billion by 2023 from an estimated US$ 3.5 Billion in 2018, at a CAGR of 4.24%. This growth can be attributed to factors such as growing investments in renewable and energy storage, increasing investments in T&D infrastructure plans, and revival of investments in construction sector.
Top Key Players in the “Electric Fuse Market” include 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)
• Hubbell (US)
Complete report on Electric Fuse Market spread across 143 pages, profiling 12 companies and supported with tables and figures is now available @ https://www.reportsnreports.com/purchase.aspx?name=1949826
“The utilities segment by end-users is expected to be the largest market from 2018 to 2023.”
Utilities face the challenge to manage grids and provide reliable and secured power and, thus, the demand for fuses remains despite the availability of substitutes. The electric fuses that are used by the utilities are generally power fuses, backup fuses, fuse links, capacitor fuses, and dropout fuses. The utilities operate at a high voltage level at 11 kV, 22 kV, and 33 kV, thus medium voltage electric fuses are preferred.
“Asia Pacific: The fastest growing market for electric fuse market.”
The rising grid investments in 2015, especially in the developing economies, such as China and India, are expected to drive the demand for electrical equipment and circuit protection equipment in the region. According to the International Energy Agency, in Southeast Asia, the coal-based power generation grew at an average of 9.8% per year from 2000 to 2016, and coal accounts for about one-third of the electricity mix.
The Study Objectives of this report are:
• 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 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 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
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Competitive Landscape
1 Overview
2 Ranking Of Players & Industry Concentration
3 Competitive Scenario
3.1 New Product Development
3.2 Expansions & Investments
3.3 Mergers & Acquisitions
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Release ID: 492421
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