Electric Fuse Market by Type (Power Fuse & Fuse Link, Distribution Cutouts, Cartridge & Plug Fuse,), Voltage (Low, Medium), End-Users (Utilities, Industrial, Residential, Commercial, Transportation), region - Global Forecast to 2026
The global electric fuse market is projected to reach to USD 4.6 billion by 2026 from an estimated USD 3.5 billion in 2021, at a CAGR of 5.8%. 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 the construction sector. However, increasing demand for substitutes such as MCBs, MCCBs, protection relays, and increasing investments in smart grid vision is expected to restrict the growth of the market.
“The low voltage segment is expected to be the fastest growing market from 2021 to 2026.”
The low voltage fuse market is driven by rising investments in renewable energy generation & distribution and rising demand for energy storage on a large scale. Moreover, the residential and commercial sector is increasing its expenditure for the protection of electrical power systems. The type of fuses in the low voltage range are mainly miniature fuses, cartridge fuses, plug fuses, PV fuses, and link type fuses.
“The utilities segment by end-users is expected to be the largest market from 2021 to 2026.”
Utilities face the challenge to manage grids and provide reliable and secured power and, thus, the demand for fuses remains same 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. Moreover, the demand from utilities for electric fuses is frequent due to the short life span of these fuses and low replaceability cost.
“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 accounted for about one-third of the electricity mix. Moreover, the distribution sector is improving in the region to improve the electrification rate in the developing nations. Similarly, the Asia Pacific industrial sector is driving the electric fuse market in the region.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
The tier of the companies is defined on the basis of their total revenue as of 2017. Tier 1: USD 1 billion, Tier 2: From USD 1 billion to USD 500 million, and Tier 3:
The global electric fuse market market is dominated by a few major players that have a wide regional presence. The leading players in the electric fuse market 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), and Hubbell (US).
Research Coverage:
The report defines, describes, and forecasts the global electric fuse, by type, voltage, end-users, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include the analysis of the competitive landscape, market dynamics, market estimates, in terms of value and future trends in the electric fuse market.
Why Buy this Report?
1. The report identifies and addresses key markets for electric fuse, which would help manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help then in making better strategic decisions.
“The low voltage segment is expected to be the fastest growing market from 2021 to 2026.”
The low voltage fuse market is driven by rising investments in renewable energy generation & distribution and rising demand for energy storage on a large scale. Moreover, the residential and commercial sector is increasing its expenditure for the protection of electrical power systems. The type of fuses in the low voltage range are mainly miniature fuses, cartridge fuses, plug fuses, PV fuses, and link type fuses.
“The utilities segment by end-users is expected to be the largest market from 2021 to 2026.”
Utilities face the challenge to manage grids and provide reliable and secured power and, thus, the demand for fuses remains same 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. Moreover, the demand from utilities for electric fuses is frequent due to the short life span of these fuses and low replaceability cost.
“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 accounted for about one-third of the electricity mix. Moreover, the distribution sector is improving in the region to improve the electrification rate in the developing nations. Similarly, the Asia Pacific industrial sector is driving the electric fuse market in the region.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 40%, Tier 2- 35%, and Tier 3- 25%
- By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%
- By Region: Asia Pacific- 30%, Europe- 25%, North America- 20%, Middle East & Africa - 15%, and South America- 10%
The tier of the companies is defined on the basis of their total revenue as of 2017. Tier 1: USD 1 billion, Tier 2: From USD 1 billion to USD 500 million, and Tier 3:
The global electric fuse market market is dominated by a few major players that have a wide regional presence. The leading players in the electric fuse market 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), and Hubbell (US).
Research Coverage:
The report defines, describes, and forecasts the global electric fuse, by type, voltage, end-users, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include the analysis of the competitive landscape, market dynamics, market estimates, in terms of value and future trends in the electric fuse market.
Why Buy this Report?
1. The report identifies and addresses key markets for electric fuse, which would help manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help then in making better strategic decisions.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
1.3.1 ELECTRIC FUSE MARKET, BY VOLTAGE: INCLUSIONS AND EXCLUSIONS
1.3.2 ELECTRIC FUSE MARKET, BY END USER: INCLUSIONS AND EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 MARKET SEGMENTATION
1.4.2 REGIONAL SCOPE
1.5 YEARS CONSIDERED
1.6 CURRENCY
1.7 LIMITATION
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH METHODOLOGY SCOPE
2.2 MARKET SIZE ESTIMATION
2.2.1 IDEAL DEMAND-SIDE ANALYSIS
TABLE 1 T&D INVESTMENTS & KEY END USER GROWTH RATE ARE THE DETERMINING FACTORS FOR THE GLOBAL ELECTRIC FUSE MARKET
2.2.1.1 Calculation
2.2.1.2 Assumptions
2.2.2 SUPPLY-SIDE ANALYSIS
2.2.2.1 Calculation
FIGURE 1 ELECTRIC FUSES MARKET, 2020
2.2.3 FORECAST
2.3 SOME OF THE INSIGHTS OF INDUSTRY EXPERTS
3 EXECUTIVE SUMMARY
TABLE 2 ELECTRIC FUSE MARKET SNAPSHOT
FIGURE 2 ASIA PACIFIC DOMINATED ELECTRIC FUSE MARKET IN 2020
FIGURE 3 POWER FUSES & FUSE LINKS SEGMENT IS EXPECTED TO HOLD LARGEST SHARE DURING FORECAST PERIOD
FIGURE 4 MEDIUM-VOLTAGE SEGMENT IS EXPECTED TO LEAD ELECTRIC FUSE MARKET DURING FORECAST PERIOD
FIGURE 5 UTILITIES SEGMENT IS EXPECTED TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN ELECTRIC FUSE MARKET DURING FORECAST PERIOD
FIGURE 6 GROWING INVESTMENTS IN T&D INVESTMENT PLANS ARE DRIVING ELECTRIC FUSE MARKET, 2021–2026
4.2 ELECTRIC FUSE MARKET, BY REGION
FIGURE 7 MARKET IN APAC IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4.3 ELECTRIC FUSE MARKET IN ASIA PACIFIC, BY TYPE & COUNTRY
FIGURE 8 POWER FUSES & FUSE LINKS AND CHINA DOMINATED ELECTRIC FUSE MARKET IN 2020
4.4 ELECTRIC FUSE MARKET, BY VOLTAGE
FIGURE 9 MEDIUM-VOLTAGE SEGMENT IS EXPECTED TO DOMINATE ELECTRIC
FUSE MARKET, 2020
4.5 ELECTRIC FUSE MARKET, BY END USER
FIGURE 10 UTILITIES SEGMENT DOMINATED ELECTRIC FUSES MARKET, BY END USER, 2020
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 11 MARKET DYNAMICS FOR THE ELECTRIC FUSE MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing electrification of different industries
FIGURE 12 INDUSTRY-WISE ELECTRIFICATION TRENDS, 2020–2050 (%)
5.2.1.2 Ongoing rapid industrialization in Asia Pacific and investments in local manufacturing
5.2.1.3 Growing investments in T&D infrastructure plans
TABLE 3 T&D INFRASTRUCTURE EXPANSION PLANS
5.2.2 RESTRAINTS
5.2.2.1 Surging demand for substitutes such as MCBs, MCCBs, and relays
5.2.3 OPPORTUNITIES
5.2.3.1 Upgrading of existing substations and feeder line protection
5.2.3.2 Execution of performance-based incentive schemes and definite service programs
5.2.3.3 Ongoing industrial growth in Africa
5.2.4 CHALLENGES
5.2.4.1 Delays in grid expansion projects
5.2.4.2 Impact of COVID-19 on electric fuse market
6 ELECTRIC FUSE MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 13 ELECTRIC FUSE MARKET (VALVE), BY TYPE, 2020
TABLE 4 ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
6.2 POWER FUSE & FUSE LINK
6.2.1 NORTH AMERICA IS SECOND-LARGEST MARKET FOR POWER FUSE
& FUSE LINK
TABLE 5 POWER FUSE & FUSE LINK: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
6.3 DISTRIBUTION CUTOUT
6.3.1 ASIA PACIFIC IS EXPECTED TO HOLD LARGEST SHARE OF THIS SEGMENT
TABLE 6 DISTRIBUTION CUTOUT: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
6.4 CARTRIDGE & PLUG FUSE
6.4.1 MAJOR APPLICATIONS DRIVING DEMAND FOR CARTRIDGE AND PLUG FUSE INCLUDE ELECTRICAL APPLIANCES AND LIGHTING PRODUCTS
TABLE 7 CARTRIDGE & PLUG FUSE: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
6.5 OTHERS
TABLE 8 OTHERS: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
7 ELECTRIC FUSE MARKET, BY VOLTAGE RANGE
7.1 INTRODUCTION
FIGURE 14 ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2020
TABLE 9 ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
7.2 LOW VOLTAGE
7.2.1 LOW-VOLTAGE FUSE MARKET IS DRIVEN BY RISING INVESTMENTS IN RENEWABLE ENERGY GENERATION & DISTRIBUTION AND RISING DEMAND FOR ENERGY STORAGE
TABLE 10 LOW VOLTAGE FUSE: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
7.3 MEDIUM VOLTAGE
7.3.1 DEMAND IS DRIVEN BY STRONG INVESTMENTS IN TRANSMISSION AND DISTRIBUTION NETWORK ALONG WITH HIGH REPLACE ABILITY OF FUSES
TABLE 11 MEDIUM VOLTAGE FUSE: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
8 ELECTRIC FUSE MARKET, BY END USER
8.1 INTRODUCTION
FIGURE 15 ELECTRIC FUSE MARKET, BY END USER, 2020
TABLE 12 GLOBAL ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
8.2 UTILITIES
8.2.1 ASIA PACIFIC DOMINATED ELECTRIC FUSE MARKET FOR UTILITIES SEGMENT
TABLE 13 UTILITIES: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MULLION)
8.3 RESIDENTIAL
8.3.1 ELECTRICAL SAFETY NORMS ARE INCREASINGLY BECOMING STRINGENT FOR RESIDENTIAL BUILDINGS TO AVOID CRITICAL ACCIDENTS, WHICH IS EXPECTED TO DRIVE MARKET FOR RESIDENTIAL SEGMENT
TABLE 14 RESIDENTIAL: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MULLION)
8.4 COMMERCIAL
8.4.1 NORTH AMERICA IS SECOND-LARGEST MARKET FOR
COMMERCIAL SEGMENT
TABLE 15 COMMERCIAL: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
8.5 INDUSTRIAL
8.5.1 MOTORS AND TRANSFORMERS ARE MAJOR APPLICATIONS DRIVING DEMAND FOR ELECTRIC FUSES IN INDUSTRIAL SEGMENT
TABLE 16 INDUSTRIAL: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
8.6 TRANSPORTATION
8.6.1 DEMAND FOR ELECTRIC FUSES IS DRIVEN BY HIGH GROWTH
AND DEVELOPMENTS IN GLOBAL RAILWAY INDUSTRY
TABLE 17 TRANSPORTATION: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
9 ELECTRIC FUSE MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 16 REGIONAL SNAPSHOT: ASIA PACIFIC IS EXPECTED TO WITNESS FASTEST RATE DURING FORECAST PERIOD
FIGURE 17 NORTH AMERICA DOMINATED ELECTRIC FUSE MARKET IN 2020
TABLE 18 ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
9.2 NORTH AMERICA
FIGURE 18 SNAPSHOT: ELECTRIC FUSE MARKET IN NORTH AMERICA (2019–2026)
9.2.1 BY TYPE
TABLE 19 NORTH AMERICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
9.2.2 BY VOLTAGE RANGE
TABLE 20 NORTH AMERICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
9.2.3 BY END USER
TABLE 21 NORTH AMERICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.2.4 BY COUNTRY
TABLE 22 NORTH AMERICA: ELECTRIC FUSE MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
9.2.4.1 US
9.2.4.1.1 Utilities held largest share of electric fuse market in 2020
TABLE 23 US: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 24 US: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 25 US: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.2.4.2 Canada
9.2.4.2.1 Medium-voltage segment dominated Canadian electric fuse market in 2020
TABLE 26 CANADA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 27 CANADA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 28 CANADA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.2.4.3 Mexico
9.2.4.3.1 Power fuse & fuse link segment dominated Mexican electric fuse market in 2020
TABLE 29 MEXICO: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 30 MEXICO: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 31 MEXICO: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3 EUROPE
FIGURE 19 GERMANY: LARGEST ELECTRIC FUSE MARKET IN EUROPE IN 2020
9.3.1 BY TYPE
TABLE 32 EUROPE: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
9.3.2 BY VOLTAGE RANGE
TABLE 33 EUROPE: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
9.3.3 BY END USER
TABLE 34 EUROPE: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4 BY COUNTRY
TABLE 35 EUROPE: ELECTRIC FUSE MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
9.3.4.1 UK
9.3.4.1.1 Power fuse & fuse link segment dominated electric fuse market in UK
TABLE 36 UK: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 37 UK: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 38 UK: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4.2 Germany
9.3.4.2.1 Significant investments in renewable and electrical networks to drive electric fuse market
TABLE 39 GERMANY: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 40 GERMANY: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 41 GERMANY: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4.3 France
9.3.4.3.1 Transition scenario is likely to bring changes in distribution network and will create opportunities for market growth
TABLE 42 FRANCE: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 43 FRANCE: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 44 FRANCE: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4.4 Spain
9.3.4.4.1 Utilities held largest share of electric fuse market in Spain
TABLE 45 SPAIN: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 46 SPAIN: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 47 SPAIN: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4.5 Italy
9.3.4.5.1 Medium-voltage segment dominated electric fuse market
TABLE 48 ITALY: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 49 ITALY: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 50 ITALY: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4.6 Rest of Europe
TABLE 51 REST OF EUROPE: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 52 REST OF EUROPE: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 53 REST OF EUROPE: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4 ASIA PACIFIC
FIGURE 20 CHINA: LARGEST ELECTRIC FUSE MARKET IN ASIA PACIFIC IN 2020
FIGURE 21 SNAPSHOT: ELECTRIC FUSE MARKET IN ASIA PACIFIC (2019-2026)
9.4.1 BY TYPE
TABLE 54 ASIA PACIFIC: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
9.4.2 BY VOLTAGE RANGE
TABLE 55 ASIA PACIFIC: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
9.4.3 BY END USER
TABLE 56 ASIA PACIFIC: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4 BY COUNTRY
TABLE 57 ASIA PACIFIC: ELECTRIC FUSE MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
9.4.4.1 China
9.4.4.1.1 Large investments in development of distribution network, integration of regional networks, and construction of new generating capacity are major drivers for electric fuse market
TABLE 58 CHINA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 59 CHINA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 60 CHINA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.2 India
9.4.4.2.1 Low-voltage segment is expected to be fastest-growing segment in India during forecast period
TABLE 61 INDIA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 62 INDIA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 63 INDIA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.3 Australia
9.4.4.3.1 Strong investments in energy storage are expected to drive electric fuse market
TABLE 64 AUSTRALIA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 65 AUSTRALIA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 66 AUSTRALIA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.4 Japan
9.4.4.4.1 Large replacement market is major driver for electric fuse market in Japan
TABLE 67 JAPAN: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 68 JAPAN: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 69 JAPAN: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.5 Malaysia
9.4.4.5.1 Focus on expansion of electricity distribution network will drive electric fuse market in coming years
TABLE 70 MALAYSIA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 71 MALAYSIA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 72 MALAYSIA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.6 Vietnam
9.4.4.6.1 Power fuse and fuse link segment dominated electric fuse market in 2020
TABLE 73 VIETNAM: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 74 VIETNAM: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 75 VIETNAM: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.7 South Korea
9.4.4.7.1 Transition in electrical power sector toward renewables is expected to drive investments in electric fuse market
TABLE 76 SOUTH KOREA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 77 SOUTH KOREA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 78 SOUTH KOREA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.8 Indonesia
9.4.4.8.1 Indonesian electric fuse market is driven by continuous industrialization, commercialization, and integration of renewable energy
TABLE 79 INDONESIA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 80 INDONESIA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 81 INDONESIA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5 MIDDLE EAST & AFRICA
FIGURE 22 SAUDI ARABIA: LARGEST ELECTRIC FUSE MARKET IN ASIA PACIFIC IN 2020
9.5.1 BY TYPE
TABLE 82 MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
9.5.2 BY VOLTAGE RANGE
TABLE 83 MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
9.5.3 BY END USER
TABLE 84 MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5.4 BY COUNTRY
TABLE 85 MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
9.5.4.1 Saudi Arabia
9.5.4.1.1 Investments in distributed generation and grid expansion are expected to drive electric fuse market
TABLE 86 SAUDI ARABIA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 87 SAUDI ARABIA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 88 SAUDI ARABIA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5.4.2 Qatar
9.5.4.2.1 New distribution project is expected to drive demand for electric fuses
TABLE 89 QATAR: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 90 QATAR: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 91 QATAR: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5.4.3 UAE
9.5.4.3.1 Utilities is largest end user of electric fuses in country
TABLE 92 UAE: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 93 UAE: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 94 UAE: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5.4.4 South Africa
9.5.4.4.1 Government plans to boost small-scale residential power generation from solar energy source will be major driver for electric fuse market
TABLE 95 SOUTH AFRICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 96 SOUTH AFRICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 97 SOUTH AFRICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5.4.5 Rest of Middle East & Africa
TABLE 98 REST OF MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 99 REST OF MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 100 REST OF MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.6 SOUTH AMERICA
FIGURE 23 BRAZIL: LARGEST ELECTRIC FUSE MARKET IN SOUTH AMERICA IN 2020
9.6.1 BY TYPE
TABLE 101 SOUTH AMERICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
9.6.2 BY VOLTAGE RANGE
TABLE 102 SOUTH AMERICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
9.6.3 BY END USER
TABLE 103 SOUTH AMERICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.6.4 BY COUNTRY
TABLE 104 SOUTH AMERICA: ELECTRIC FUSE MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
9.6.4.1 Brazil
9.6.4.1.1 Power fuse and fuse link segment dominated electric fuse market in 2020
TABLE 105 BRAZIL: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 106 BRAZIL: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 107 BRAZIL: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.6.4.2 Argentina
9.6.4.2.1 Market for low-voltage segment is expected to grow at fastest rate during forecast period
TABLE 108 ARGENTINA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 109 ARGENTINA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 110 ARGENTINA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD THOUSAND)
9.6.4.3 Venezuela
9.6.4.3.1 Utilities dominated electric fuse market in Venezuela
TABLE 111 VENEZUELA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 112 VENEZUELA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 113 VENEZUELA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD THOUSAND)
9.6.4.4 Rest of South America
TABLE 114 REST OF SOUTH AMERICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 115 REST OF SOUTH AMERICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 116 REST OF SOUTH AMERICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
FIGURE 24 KEY DEVELOPMENTS IN ELECTRIC FUSE MARKET, JANUARY 2017–FEBRUARY 2021
10.2 RANKING OF PLAYERS & INDUSTRY CONCENTRATION
FIGURE 25 RANKING OF KEY PLAYERS & INDUSTRY CONCENTRATION, 2020
10.3 COMPETITIVE SCENARIO
10.3.1 NEW PRODUCT DEVELOPMENTS
TABLE 117 OVERVIEW OF PRODUCT DEVELOPMENTS BY DIFFERENT PLAYERS
10.3.2 EXPANSIONS & INVESTMENTS
TABLE 118 OVERVIEW OF EXPANSION & INVESTMENTS BY TOP PLAYERS
10.3.3 MERGERS & ACQUISITIONS
TABLE 119 OVERVIEW OF MERGER & ACQUISITONS BY TOP PLAYERS
11 COMPANY PROFILES
(Business overview, Products offered, Recent Developments, MNM view)*
11.1 EATON
FIGURE 26 EATON: COMPANY SNAPSHOT
TABLE 120 EATON PRODUCTS OFFERED
11.2 ABB
FIGURE 27 ABB: COMPANY SNAPSHOT
TABLE 121 ABB PRODUCT OFFERED
11.3 SCHNEIDER ELECTRIC
FIGURE 28 SCHNEIDER ELECTRIC.: COMPANY SNAPSHOT
TABLE 122 SCHNEIDER ELECTRIC PRODUCTS OFFERED
11.4 SIEMENS
FIGURE 29 SIEMENS: COMPANY SNAPSHOT
TABLE 123 SIEMENS PRODUCTS OFFERED
11.5 HUBBELL
FIGURE 30 HUBBELL: COMPANY SNAPSHOT
TABLE 124 HUBBELL PRODUCTS OFFERED
11.6 MERSEN
FIGURE 31 MERSEN: COMPANY SNAPSHOT
TABLE 125 MERSEN PRODUCTS OFFERED
11.7 LEGRAND
FIGURE 32 LEGRAND: COMPANY SNAPSHOT
TABLE 126 LEGRAND PRODUCTS OFFERED
11.8 SCHURTER
FIGURE 33 SCHURTER: COMPANY SNAPSHOT
TABLE 127 SCHURTER PRODUCTS OFFERED
11.9 S&C ELECTRIC COMPANY
TABLE 128 S&C ELECTRIC COMPANY PRODUCTS OFFERED
11.10 BEL FUSE
FIGURE 34 BEL FUSE: COMPANY SNAPSHOT
TABLE 129 BEL FUSE PRODUCTS OFFERED
11.11 LITTLEFUSE
FIGURE 35 LITTLEFUSE: COMPANY SNAPSHOT
TABLE 130 LITTLEFUSE PRODUCTS OFFERED
11.12 G&W
TABLE 131 G&W PRODUCTS OFFERED
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
12 ADJACENT AND RELATED MARKETS
12.1 INTRODUCTION
12.2 LIMITATIONS
12.3 ELECTRIC FUSE INTERCONNECTED MARKETS
12.4 SWITCHGEAR MARKET
12.4.1 MARKET DEFINITION
12.4.2 LIMITATION
12.4.3 MARKET OVERVIEW
12.5 PRE- AND POST-COVID-19 SCENARIO ANALYSIS
FIGURE 36 PRE- AND POST- COVID-19 SCENARIO ANALYSIS
12.5.1 SWITCHGEAR MARKET, BY INSULATION
12.5.1.1 Air insulated
TABLE 132 AIS: SWITCHGEAR MARKET SIZE, BY REGION, 2016–2019 (USD BILLION)
TABLE 133 POST COVID-19: AIS: SWITCHGEAR MARKET SIZE, BY REGION, 2020–2025 (USD BILLION)
12.5.1.2 Gas insulated
TABLE 134 GIS: SWITCHGEAR MARKET SIZE, BY REGION, 2016–2019 (USD BILLION)
TABLE 135 POST COVID-19: GIS: SWITCHGEAR MARKET SIZE, BY REGION, 2020–2025 (USD BILLION)
12.5.2 SWITCHGEAR MARKET, BY REGION
12.5.2.1 Asia Pacific
TABLE 136 ASIA PACIFIC: SWITCHGEAR MARKET SIZE, BY INSULATION, 2016–2019 (USD BILLION)
TABLE 137 POST COVID-19: ASIA PACIFIC: SWITCHGEAR MARKET SIZE, BY INSULATION, 2020–2025 (USD BILLION)
12.5.2.2 Europe
TABLE 138 EUROPE: SWITCHGEAR MARKET SIZE, BY INSULATION, 2016–2019 (USD BILLION)
TABLE 139 POST COVID-19: EUROPE: SWITCHGEAR MARKET SIZE, BY INSULATION, 2020–2025 (USD BILLION)
12.5.2.3 North America
TABLE 140 NORTH AMERICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2016–2019 (USD BILLION)
TABLE 141 POST COVID-19: NORTH AMERICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2020–2025 (USD BILLION)
12.5.2.4 Middle East & Africa
TABLE 142 MIDDLE EAST & AFRICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2016–2019 (USD BILLION)
TABLE 143 POST COVID-19: MIDDLE EAST & AFRICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2020–2025 (USD BILLION)
12.5.2.5 South America
TABLE 144 SOUTH AMERICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2016–2019 (USD BILLION)
TABLE 145 POST COVID-19: SOUTH AMERICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2020–2025 (USD BILLION)
12.6 GAS INSULATED SUBSTATION MARKET
12.6.1 MARKET DEFINITION
12.6.2 MARKET OVERVIEW
12.6.3 GAS-INSULATED SUBSTATION MARKET, BY VOLTAGE
12.6.3.1 Medium Voltage
TABLE 146 MEDIUM VOLTAGE: GAS-INSULATED SUBSTATION MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
12.6.3.2 High Voltage
TABLE 147 HIGH VOLTAGE: GAS-INSULATED SUBSTATION MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
12.6.3.3 Extra High Voltage
TABLE 148 EXTRA-HIGH VOLTAGE: GAS-INSULATED SUBSTATION MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
12.6.4 GAS-INSULATED SUBSTATION, BY REGION
12.6.4.1 North America
TABLE 149 NORTH AMERICA: GAS-INSULATED SUBSTATION MARKET SIZE, BY VOLTAGE TYPE, 2016–2023 (USD MILLION)
12.6.4.2 Asia Pacific
TABLE 150 ASIA PACIFIC: GAS-INSULATED SUBSTATION MARKET SIZE, BY VOLTAGE TYPE, 2016–2023 (USD MILLION)
12.6.4.3 Europe
TABLE 151 EUROPE: GAS-INSULATED SUBSTATION MARKET SIZE, BY VOLTAGE TYPE, 2016–2023 (USD MILLION)
12.6.4.4 Middle East & Africa
TABLE 152 MIDDLE EAST & AFRICA: GAS-INSULATED SUBSTATION MARKET SIZE, BY VOLTAGE TYPE, 2016–2023 (USD MILLION)
12.6.4.5 South America
TABLE 153 SOUTH AMERICA: GAS-INSULATED SUBSTATION MARKET SIZE, BY VOLTAGE TYPE, 2016–2023 (USD MILLION)
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
1.3.1 ELECTRIC FUSE MARKET, BY VOLTAGE: INCLUSIONS AND EXCLUSIONS
1.3.2 ELECTRIC FUSE MARKET, BY END USER: INCLUSIONS AND EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 MARKET SEGMENTATION
1.4.2 REGIONAL SCOPE
1.5 YEARS CONSIDERED
1.6 CURRENCY
1.7 LIMITATION
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH METHODOLOGY SCOPE
2.2 MARKET SIZE ESTIMATION
2.2.1 IDEAL DEMAND-SIDE ANALYSIS
TABLE 1 T&D INVESTMENTS & KEY END USER GROWTH RATE ARE THE DETERMINING FACTORS FOR THE GLOBAL ELECTRIC FUSE MARKET
2.2.1.1 Calculation
2.2.1.2 Assumptions
2.2.2 SUPPLY-SIDE ANALYSIS
2.2.2.1 Calculation
FIGURE 1 ELECTRIC FUSES MARKET, 2020
2.2.3 FORECAST
2.3 SOME OF THE INSIGHTS OF INDUSTRY EXPERTS
3 EXECUTIVE SUMMARY
TABLE 2 ELECTRIC FUSE MARKET SNAPSHOT
FIGURE 2 ASIA PACIFIC DOMINATED ELECTRIC FUSE MARKET IN 2020
FIGURE 3 POWER FUSES & FUSE LINKS SEGMENT IS EXPECTED TO HOLD LARGEST SHARE DURING FORECAST PERIOD
FIGURE 4 MEDIUM-VOLTAGE SEGMENT IS EXPECTED TO LEAD ELECTRIC FUSE MARKET DURING FORECAST PERIOD
FIGURE 5 UTILITIES SEGMENT IS EXPECTED TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN ELECTRIC FUSE MARKET DURING FORECAST PERIOD
FIGURE 6 GROWING INVESTMENTS IN T&D INVESTMENT PLANS ARE DRIVING ELECTRIC FUSE MARKET, 2021–2026
4.2 ELECTRIC FUSE MARKET, BY REGION
FIGURE 7 MARKET IN APAC IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4.3 ELECTRIC FUSE MARKET IN ASIA PACIFIC, BY TYPE & COUNTRY
FIGURE 8 POWER FUSES & FUSE LINKS AND CHINA DOMINATED ELECTRIC FUSE MARKET IN 2020
4.4 ELECTRIC FUSE MARKET, BY VOLTAGE
FIGURE 9 MEDIUM-VOLTAGE SEGMENT IS EXPECTED TO DOMINATE ELECTRIC
FUSE MARKET, 2020
4.5 ELECTRIC FUSE MARKET, BY END USER
FIGURE 10 UTILITIES SEGMENT DOMINATED ELECTRIC FUSES MARKET, BY END USER, 2020
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 11 MARKET DYNAMICS FOR THE ELECTRIC FUSE MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing electrification of different industries
FIGURE 12 INDUSTRY-WISE ELECTRIFICATION TRENDS, 2020–2050 (%)
5.2.1.2 Ongoing rapid industrialization in Asia Pacific and investments in local manufacturing
5.2.1.3 Growing investments in T&D infrastructure plans
TABLE 3 T&D INFRASTRUCTURE EXPANSION PLANS
5.2.2 RESTRAINTS
5.2.2.1 Surging demand for substitutes such as MCBs, MCCBs, and relays
5.2.3 OPPORTUNITIES
5.2.3.1 Upgrading of existing substations and feeder line protection
5.2.3.2 Execution of performance-based incentive schemes and definite service programs
5.2.3.3 Ongoing industrial growth in Africa
5.2.4 CHALLENGES
5.2.4.1 Delays in grid expansion projects
5.2.4.2 Impact of COVID-19 on electric fuse market
6 ELECTRIC FUSE MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 13 ELECTRIC FUSE MARKET (VALVE), BY TYPE, 2020
TABLE 4 ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
6.2 POWER FUSE & FUSE LINK
6.2.1 NORTH AMERICA IS SECOND-LARGEST MARKET FOR POWER FUSE
& FUSE LINK
TABLE 5 POWER FUSE & FUSE LINK: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
6.3 DISTRIBUTION CUTOUT
6.3.1 ASIA PACIFIC IS EXPECTED TO HOLD LARGEST SHARE OF THIS SEGMENT
TABLE 6 DISTRIBUTION CUTOUT: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
6.4 CARTRIDGE & PLUG FUSE
6.4.1 MAJOR APPLICATIONS DRIVING DEMAND FOR CARTRIDGE AND PLUG FUSE INCLUDE ELECTRICAL APPLIANCES AND LIGHTING PRODUCTS
TABLE 7 CARTRIDGE & PLUG FUSE: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
6.5 OTHERS
TABLE 8 OTHERS: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
7 ELECTRIC FUSE MARKET, BY VOLTAGE RANGE
7.1 INTRODUCTION
FIGURE 14 ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2020
TABLE 9 ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
7.2 LOW VOLTAGE
7.2.1 LOW-VOLTAGE FUSE MARKET IS DRIVEN BY RISING INVESTMENTS IN RENEWABLE ENERGY GENERATION & DISTRIBUTION AND RISING DEMAND FOR ENERGY STORAGE
TABLE 10 LOW VOLTAGE FUSE: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
7.3 MEDIUM VOLTAGE
7.3.1 DEMAND IS DRIVEN BY STRONG INVESTMENTS IN TRANSMISSION AND DISTRIBUTION NETWORK ALONG WITH HIGH REPLACE ABILITY OF FUSES
TABLE 11 MEDIUM VOLTAGE FUSE: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
8 ELECTRIC FUSE MARKET, BY END USER
8.1 INTRODUCTION
FIGURE 15 ELECTRIC FUSE MARKET, BY END USER, 2020
TABLE 12 GLOBAL ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
8.2 UTILITIES
8.2.1 ASIA PACIFIC DOMINATED ELECTRIC FUSE MARKET FOR UTILITIES SEGMENT
TABLE 13 UTILITIES: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MULLION)
8.3 RESIDENTIAL
8.3.1 ELECTRICAL SAFETY NORMS ARE INCREASINGLY BECOMING STRINGENT FOR RESIDENTIAL BUILDINGS TO AVOID CRITICAL ACCIDENTS, WHICH IS EXPECTED TO DRIVE MARKET FOR RESIDENTIAL SEGMENT
TABLE 14 RESIDENTIAL: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MULLION)
8.4 COMMERCIAL
8.4.1 NORTH AMERICA IS SECOND-LARGEST MARKET FOR
COMMERCIAL SEGMENT
TABLE 15 COMMERCIAL: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
8.5 INDUSTRIAL
8.5.1 MOTORS AND TRANSFORMERS ARE MAJOR APPLICATIONS DRIVING DEMAND FOR ELECTRIC FUSES IN INDUSTRIAL SEGMENT
TABLE 16 INDUSTRIAL: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
8.6 TRANSPORTATION
8.6.1 DEMAND FOR ELECTRIC FUSES IS DRIVEN BY HIGH GROWTH
AND DEVELOPMENTS IN GLOBAL RAILWAY INDUSTRY
TABLE 17 TRANSPORTATION: ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
9 ELECTRIC FUSE MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 16 REGIONAL SNAPSHOT: ASIA PACIFIC IS EXPECTED TO WITNESS FASTEST RATE DURING FORECAST PERIOD
FIGURE 17 NORTH AMERICA DOMINATED ELECTRIC FUSE MARKET IN 2020
TABLE 18 ELECTRIC FUSE MARKET, BY REGION, 2019–2026 (USD MILLION)
9.2 NORTH AMERICA
FIGURE 18 SNAPSHOT: ELECTRIC FUSE MARKET IN NORTH AMERICA (2019–2026)
9.2.1 BY TYPE
TABLE 19 NORTH AMERICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
9.2.2 BY VOLTAGE RANGE
TABLE 20 NORTH AMERICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
9.2.3 BY END USER
TABLE 21 NORTH AMERICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.2.4 BY COUNTRY
TABLE 22 NORTH AMERICA: ELECTRIC FUSE MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
9.2.4.1 US
9.2.4.1.1 Utilities held largest share of electric fuse market in 2020
TABLE 23 US: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 24 US: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 25 US: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.2.4.2 Canada
9.2.4.2.1 Medium-voltage segment dominated Canadian electric fuse market in 2020
TABLE 26 CANADA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 27 CANADA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 28 CANADA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.2.4.3 Mexico
9.2.4.3.1 Power fuse & fuse link segment dominated Mexican electric fuse market in 2020
TABLE 29 MEXICO: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 30 MEXICO: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 31 MEXICO: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3 EUROPE
FIGURE 19 GERMANY: LARGEST ELECTRIC FUSE MARKET IN EUROPE IN 2020
9.3.1 BY TYPE
TABLE 32 EUROPE: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
9.3.2 BY VOLTAGE RANGE
TABLE 33 EUROPE: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
9.3.3 BY END USER
TABLE 34 EUROPE: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4 BY COUNTRY
TABLE 35 EUROPE: ELECTRIC FUSE MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
9.3.4.1 UK
9.3.4.1.1 Power fuse & fuse link segment dominated electric fuse market in UK
TABLE 36 UK: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 37 UK: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 38 UK: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4.2 Germany
9.3.4.2.1 Significant investments in renewable and electrical networks to drive electric fuse market
TABLE 39 GERMANY: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 40 GERMANY: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 41 GERMANY: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4.3 France
9.3.4.3.1 Transition scenario is likely to bring changes in distribution network and will create opportunities for market growth
TABLE 42 FRANCE: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 43 FRANCE: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 44 FRANCE: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4.4 Spain
9.3.4.4.1 Utilities held largest share of electric fuse market in Spain
TABLE 45 SPAIN: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 46 SPAIN: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 47 SPAIN: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4.5 Italy
9.3.4.5.1 Medium-voltage segment dominated electric fuse market
TABLE 48 ITALY: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 49 ITALY: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 50 ITALY: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.3.4.6 Rest of Europe
TABLE 51 REST OF EUROPE: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 52 REST OF EUROPE: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 53 REST OF EUROPE: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4 ASIA PACIFIC
FIGURE 20 CHINA: LARGEST ELECTRIC FUSE MARKET IN ASIA PACIFIC IN 2020
FIGURE 21 SNAPSHOT: ELECTRIC FUSE MARKET IN ASIA PACIFIC (2019-2026)
9.4.1 BY TYPE
TABLE 54 ASIA PACIFIC: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
9.4.2 BY VOLTAGE RANGE
TABLE 55 ASIA PACIFIC: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
9.4.3 BY END USER
TABLE 56 ASIA PACIFIC: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4 BY COUNTRY
TABLE 57 ASIA PACIFIC: ELECTRIC FUSE MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
9.4.4.1 China
9.4.4.1.1 Large investments in development of distribution network, integration of regional networks, and construction of new generating capacity are major drivers for electric fuse market
TABLE 58 CHINA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 59 CHINA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 60 CHINA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.2 India
9.4.4.2.1 Low-voltage segment is expected to be fastest-growing segment in India during forecast period
TABLE 61 INDIA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 62 INDIA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 63 INDIA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.3 Australia
9.4.4.3.1 Strong investments in energy storage are expected to drive electric fuse market
TABLE 64 AUSTRALIA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 65 AUSTRALIA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 66 AUSTRALIA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.4 Japan
9.4.4.4.1 Large replacement market is major driver for electric fuse market in Japan
TABLE 67 JAPAN: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 68 JAPAN: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 69 JAPAN: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.5 Malaysia
9.4.4.5.1 Focus on expansion of electricity distribution network will drive electric fuse market in coming years
TABLE 70 MALAYSIA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 71 MALAYSIA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 72 MALAYSIA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.6 Vietnam
9.4.4.6.1 Power fuse and fuse link segment dominated electric fuse market in 2020
TABLE 73 VIETNAM: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 74 VIETNAM: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 75 VIETNAM: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.7 South Korea
9.4.4.7.1 Transition in electrical power sector toward renewables is expected to drive investments in electric fuse market
TABLE 76 SOUTH KOREA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 77 SOUTH KOREA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 78 SOUTH KOREA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.4.4.8 Indonesia
9.4.4.8.1 Indonesian electric fuse market is driven by continuous industrialization, commercialization, and integration of renewable energy
TABLE 79 INDONESIA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 80 INDONESIA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 81 INDONESIA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5 MIDDLE EAST & AFRICA
FIGURE 22 SAUDI ARABIA: LARGEST ELECTRIC FUSE MARKET IN ASIA PACIFIC IN 2020
9.5.1 BY TYPE
TABLE 82 MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
9.5.2 BY VOLTAGE RANGE
TABLE 83 MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
9.5.3 BY END USER
TABLE 84 MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5.4 BY COUNTRY
TABLE 85 MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
9.5.4.1 Saudi Arabia
9.5.4.1.1 Investments in distributed generation and grid expansion are expected to drive electric fuse market
TABLE 86 SAUDI ARABIA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 87 SAUDI ARABIA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 88 SAUDI ARABIA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5.4.2 Qatar
9.5.4.2.1 New distribution project is expected to drive demand for electric fuses
TABLE 89 QATAR: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 90 QATAR: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 91 QATAR: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5.4.3 UAE
9.5.4.3.1 Utilities is largest end user of electric fuses in country
TABLE 92 UAE: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 93 UAE: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 94 UAE: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5.4.4 South Africa
9.5.4.4.1 Government plans to boost small-scale residential power generation from solar energy source will be major driver for electric fuse market
TABLE 95 SOUTH AFRICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 96 SOUTH AFRICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 97 SOUTH AFRICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.5.4.5 Rest of Middle East & Africa
TABLE 98 REST OF MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 99 REST OF MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 100 REST OF MIDDLE EAST & AFRICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.6 SOUTH AMERICA
FIGURE 23 BRAZIL: LARGEST ELECTRIC FUSE MARKET IN SOUTH AMERICA IN 2020
9.6.1 BY TYPE
TABLE 101 SOUTH AMERICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
9.6.2 BY VOLTAGE RANGE
TABLE 102 SOUTH AMERICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
9.6.3 BY END USER
TABLE 103 SOUTH AMERICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.6.4 BY COUNTRY
TABLE 104 SOUTH AMERICA: ELECTRIC FUSE MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
9.6.4.1 Brazil
9.6.4.1.1 Power fuse and fuse link segment dominated electric fuse market in 2020
TABLE 105 BRAZIL: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 106 BRAZIL: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 107 BRAZIL: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
9.6.4.2 Argentina
9.6.4.2.1 Market for low-voltage segment is expected to grow at fastest rate during forecast period
TABLE 108 ARGENTINA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 109 ARGENTINA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 110 ARGENTINA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD THOUSAND)
9.6.4.3 Venezuela
9.6.4.3.1 Utilities dominated electric fuse market in Venezuela
TABLE 111 VENEZUELA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 112 VENEZUELA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 113 VENEZUELA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD THOUSAND)
9.6.4.4 Rest of South America
TABLE 114 REST OF SOUTH AMERICA: ELECTRIC FUSE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 115 REST OF SOUTH AMERICA: ELECTRIC FUSE MARKET, BY VOLTAGE RANGE, 2019–2026 (USD MILLION)
TABLE 116 REST OF SOUTH AMERICA: ELECTRIC FUSE MARKET, BY END USER, 2019–2026 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
FIGURE 24 KEY DEVELOPMENTS IN ELECTRIC FUSE MARKET, JANUARY 2017–FEBRUARY 2021
10.2 RANKING OF PLAYERS & INDUSTRY CONCENTRATION
FIGURE 25 RANKING OF KEY PLAYERS & INDUSTRY CONCENTRATION, 2020
10.3 COMPETITIVE SCENARIO
10.3.1 NEW PRODUCT DEVELOPMENTS
TABLE 117 OVERVIEW OF PRODUCT DEVELOPMENTS BY DIFFERENT PLAYERS
10.3.2 EXPANSIONS & INVESTMENTS
TABLE 118 OVERVIEW OF EXPANSION & INVESTMENTS BY TOP PLAYERS
10.3.3 MERGERS & ACQUISITIONS
TABLE 119 OVERVIEW OF MERGER & ACQUISITONS BY TOP PLAYERS
11 COMPANY PROFILES
(Business overview, Products offered, Recent Developments, MNM view)*
11.1 EATON
FIGURE 26 EATON: COMPANY SNAPSHOT
TABLE 120 EATON PRODUCTS OFFERED
11.2 ABB
FIGURE 27 ABB: COMPANY SNAPSHOT
TABLE 121 ABB PRODUCT OFFERED
11.3 SCHNEIDER ELECTRIC
FIGURE 28 SCHNEIDER ELECTRIC.: COMPANY SNAPSHOT
TABLE 122 SCHNEIDER ELECTRIC PRODUCTS OFFERED
11.4 SIEMENS
FIGURE 29 SIEMENS: COMPANY SNAPSHOT
TABLE 123 SIEMENS PRODUCTS OFFERED
11.5 HUBBELL
FIGURE 30 HUBBELL: COMPANY SNAPSHOT
TABLE 124 HUBBELL PRODUCTS OFFERED
11.6 MERSEN
FIGURE 31 MERSEN: COMPANY SNAPSHOT
TABLE 125 MERSEN PRODUCTS OFFERED
11.7 LEGRAND
FIGURE 32 LEGRAND: COMPANY SNAPSHOT
TABLE 126 LEGRAND PRODUCTS OFFERED
11.8 SCHURTER
FIGURE 33 SCHURTER: COMPANY SNAPSHOT
TABLE 127 SCHURTER PRODUCTS OFFERED
11.9 S&C ELECTRIC COMPANY
TABLE 128 S&C ELECTRIC COMPANY PRODUCTS OFFERED
11.10 BEL FUSE
FIGURE 34 BEL FUSE: COMPANY SNAPSHOT
TABLE 129 BEL FUSE PRODUCTS OFFERED
11.11 LITTLEFUSE
FIGURE 35 LITTLEFUSE: COMPANY SNAPSHOT
TABLE 130 LITTLEFUSE PRODUCTS OFFERED
11.12 G&W
TABLE 131 G&W PRODUCTS OFFERED
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
12 ADJACENT AND RELATED MARKETS
12.1 INTRODUCTION
12.2 LIMITATIONS
12.3 ELECTRIC FUSE INTERCONNECTED MARKETS
12.4 SWITCHGEAR MARKET
12.4.1 MARKET DEFINITION
12.4.2 LIMITATION
12.4.3 MARKET OVERVIEW
12.5 PRE- AND POST-COVID-19 SCENARIO ANALYSIS
FIGURE 36 PRE- AND POST- COVID-19 SCENARIO ANALYSIS
12.5.1 SWITCHGEAR MARKET, BY INSULATION
12.5.1.1 Air insulated
TABLE 132 AIS: SWITCHGEAR MARKET SIZE, BY REGION, 2016–2019 (USD BILLION)
TABLE 133 POST COVID-19: AIS: SWITCHGEAR MARKET SIZE, BY REGION, 2020–2025 (USD BILLION)
12.5.1.2 Gas insulated
TABLE 134 GIS: SWITCHGEAR MARKET SIZE, BY REGION, 2016–2019 (USD BILLION)
TABLE 135 POST COVID-19: GIS: SWITCHGEAR MARKET SIZE, BY REGION, 2020–2025 (USD BILLION)
12.5.2 SWITCHGEAR MARKET, BY REGION
12.5.2.1 Asia Pacific
TABLE 136 ASIA PACIFIC: SWITCHGEAR MARKET SIZE, BY INSULATION, 2016–2019 (USD BILLION)
TABLE 137 POST COVID-19: ASIA PACIFIC: SWITCHGEAR MARKET SIZE, BY INSULATION, 2020–2025 (USD BILLION)
12.5.2.2 Europe
TABLE 138 EUROPE: SWITCHGEAR MARKET SIZE, BY INSULATION, 2016–2019 (USD BILLION)
TABLE 139 POST COVID-19: EUROPE: SWITCHGEAR MARKET SIZE, BY INSULATION, 2020–2025 (USD BILLION)
12.5.2.3 North America
TABLE 140 NORTH AMERICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2016–2019 (USD BILLION)
TABLE 141 POST COVID-19: NORTH AMERICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2020–2025 (USD BILLION)
12.5.2.4 Middle East & Africa
TABLE 142 MIDDLE EAST & AFRICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2016–2019 (USD BILLION)
TABLE 143 POST COVID-19: MIDDLE EAST & AFRICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2020–2025 (USD BILLION)
12.5.2.5 South America
TABLE 144 SOUTH AMERICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2016–2019 (USD BILLION)
TABLE 145 POST COVID-19: SOUTH AMERICA: SWITCHGEAR MARKET SIZE, BY INSULATION, 2020–2025 (USD BILLION)
12.6 GAS INSULATED SUBSTATION MARKET
12.6.1 MARKET DEFINITION
12.6.2 MARKET OVERVIEW
12.6.3 GAS-INSULATED SUBSTATION MARKET, BY VOLTAGE
12.6.3.1 Medium Voltage
TABLE 146 MEDIUM VOLTAGE: GAS-INSULATED SUBSTATION MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
12.6.3.2 High Voltage
TABLE 147 HIGH VOLTAGE: GAS-INSULATED SUBSTATION MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
12.6.3.3 Extra High Voltage
TABLE 148 EXTRA-HIGH VOLTAGE: GAS-INSULATED SUBSTATION MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
12.6.4 GAS-INSULATED SUBSTATION, BY REGION
12.6.4.1 North America
TABLE 149 NORTH AMERICA: GAS-INSULATED SUBSTATION MARKET SIZE, BY VOLTAGE TYPE, 2016–2023 (USD MILLION)
12.6.4.2 Asia Pacific
TABLE 150 ASIA PACIFIC: GAS-INSULATED SUBSTATION MARKET SIZE, BY VOLTAGE TYPE, 2016–2023 (USD MILLION)
12.6.4.3 Europe
TABLE 151 EUROPE: GAS-INSULATED SUBSTATION MARKET SIZE, BY VOLTAGE TYPE, 2016–2023 (USD MILLION)
12.6.4.4 Middle East & Africa
TABLE 152 MIDDLE EAST & AFRICA: GAS-INSULATED SUBSTATION MARKET SIZE, BY VOLTAGE TYPE, 2016–2023 (USD MILLION)
12.6.4.5 South America
TABLE 153 SOUTH AMERICA: GAS-INSULATED SUBSTATION MARKET SIZE, BY VOLTAGE TYPE, 2016–2023 (USD MILLION)
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
