Electric Fuse Market Revenue to Hit $4.3 Billion by 2023; at a CAGR of 4.24%. - PowerPoint PPT Presentation

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Electric Fuse Market Revenue to Hit $4.3 Billion by 2023; at a CAGR of 4.24%.

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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. – PowerPoint PPT presentation

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Title: Electric Fuse Market Revenue to Hit $4.3 Billion by 2023; at a CAGR of 4.24%.


1
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
www.MarketsandMarkets.com
2
The medium voltage segment is expected to hold
the largest share of the electric fuse market, by
voltage, during the forecast period. The medium
voltage segment is estimated to dominate the
electric fuse market in 2018 and is projected to
have the largest market share during the forecast
period. The medium voltage range for fuses is
defined as fuses with the capacity to open
circuit at voltage range above 1 kV to 38 kV. The
high demand for medium voltage fuse is due to the
continuous construction of transmission and
distribution network along with high
replaceability of fuses. The major end uses of
medium voltage fuses are for electric utilities,
transformers substations, distribution
networks, and heavy industries such as oil gas
industry. The medium voltage fuses are mostly the
power fuses used for current limiting function,
motor circuit protection, and for back up for
protection from default current. PDF Brochure
https//www.marketsandmarkets.com/pdfdownloadNew.
asp?id242416568

3
The transportation segment is expected to be the
second fastest growing segment of the electric
fuse market, by end-use, during the forecast
period. The transportation segment accounted
for the second highest CAGR during the forecast
period. The demand for electric fuses is driven
by the high growth and developments in the global
railway industry. Furthermore, the fast
commercialization of electric trains and metros
from the developing nations is driving the demand
for electric fuses from tractions. Furthermore,
the concepts of high speed trains, freight
wagons, bullet trains will create opportunities
for electric fuses in the near future. Request
for Customization https//www.marketsandmarkets.
com/requestCustomizationNew.asp?id35385419
4
Browse gtgt 117 market data
tables 37 figures
143 pages and in-depth TOC on Electric
Fuse Market - Global Forecast to 2023 Early
buyers will receive 10 customization on this
report. This is a Premium Report Priced at US
5650 for single user. Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
5
Asia Pacific The largest market for electric
fuse. In this report, the electric fuse market
has been analyzed with respect to 5 regions,
namely, North America, South America, Europe,
Asia Pacific, and the Middle East Africa. Asia
Pacific is estimated to dominate the global
electric fuse market in 2018 owing to the
development and growth of countries such as
China, Japan, Australia and India, where there is
huge requirement for power and infrastructural
development due to growing population and
urbanization. The transportation infrastructure
in the region is at its verge of getting
electrified. This also creates opportunities for
electric fuses in the Asia Pacific railway and
traction segment. Furthermore, the region is the
largest consumer of solar energy, and countries
such as India and China are driving the renewable
energy market. For instance, India has set goals
of generating 175 GW of electricity through
renewables by 2022. Such factors are likely to
drive the Asia Pacific electric fuse market.
Request Sample _at_ https//www.marketsandmarkets.c
om/requestsampleNew.asp?id35385419
6
  • Key players -
  • Schneider Electric (France),
  • Siemens (Germany),
  • Mersen (France),
  • ABB (Switzerland),
  • Eaton (Ireland),
  • Bel Fuse Inc. (US),
  • Littelfuse (US),
  • Legrand (France),
  • SC Electric Company (US),
  • Hubbell (US)
  • Buy Now -
  • https//www.marketsandmarkets.com/Purchase/purchas
    e_reportNew.asp?id35385419

7
ContactMr. Shelly SinghMarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com
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