Electric Fuse Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Fuse Trends and Forecast

The future of the global electric fuse market looks promising with opportunities in the utilities, industrial, residential, commercial, and transportation markets. The global electric fuse market is expected to reach an estimated $5.6 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are increasing demand for electrical safety, growing adoption of renewable energy, and rising investments in infrastructure.

A more than 150-page report is developed to help in your business decisions.

Electric Fuse by Segment

The study includes a forecast for the global electric fuse by type, voltage, end use, and region.

Electric Fuse Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Power Fuse & Fuse Link
• Distribution Cutouts
• Cartridge & Plug Fuse
• Others

Electric Fuse Market by Voltage [Shipment Analysis by Value from 2018 to 2030]:

• Low
• Medium

Electric Fuse Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Utilities
• Industrial
• Residential
• Commercial
• Transportation
• Others

Electric Fuse Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electric Fuse Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric fuse companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric fuse companies profiled in this report include-

• Schneider Electric
• Siemens
• Mersen
• ABB
• Eaton
• Bel Fuse
• Littelfuse
• Legrand
• S&C Electric
• G&W Electric

Electric Fuse Market Insights

Lucintel forecasts that power fuse & fuse link will remain the largest segment over the forecast period due to growing demand from utilities, industrial, and commercial market.

Within this market, utilities is expected to remain the largest segment due to the increasing demand for electricity and growing investments in transmission and distribution infrastructure.

APAC will remain the largest region during the forecast period due to the rapid industrialization and urbanization and growing demand for electric and electronic equipment in China and India.

Features of the Global Electric Fuse Market

Market Size Estimates: Electric fuse market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electric fuse market size by type, voltage, end use, and region in terms of value ($B).

Regional Analysis: Electric fuse market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, voltages, end uses, and regions for the electric fuse market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electric fuse market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the electric fuse market size?

Answer: The global electric fuse market is expected to reach an estimated $5.6 billion by 2030.

Q.2 What is the growth forecast for electric fuse market?

Answer: The global electric fuse market is expected to grow with a CAGR of 5.7% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the electric fuse market?

Answer: The major drivers for this market are increasing demand for electrical safety, growing adoption of renewable energy and rising investments in infrastructure.

Q4. What are the major segments for electric fuse market?

Answer: The future of the electric fuse market looks promising with opportunities in the utilities, industrial, residential, commercial, and transportation markets.

Q5. Who are the key electric fuse market companies?

Answer: Some of the key electric fuse companies are as follows:

• Schneider Electric
• Siemens
• Mersen
• ABB
• Eaton
• Bel Fuse
• Littelfuse
• Legrand
• S&C Electric
• G&W Electric

Q6. Which electric fuse market segment will be the largest in future?

Answer: Lucintel forecasts that power fuse & fuse link will remain the largest segment over the forecast period due to growing demand from utilities, industrial, and commercial market.

Q7. In electric fuse market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region during the forecast period due to the rapid industrialization and urbanization and growing demand for electric and electronic equipment in China and India.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the electric fuse market by type (power fuse & fuse link, distribution cutouts, cartridge & plug fuse, and others), voltage (low and medium), end use (utilities, industrial, residential, commercial, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?