Circuit breakers and fuses are automatic electronic components. It works as a protector from the overloaded electrical circuit by interrupting the continuity, or the flow of electricity. Circuit breakers and fuses break the continuity in case of the power overload or short circuit and safeguard electrical equipment. Fuses are made up of metal wire that melts by overheating in case of power overload and circuit breakers function through an internal switch mechanism that is tripped by a precarious flow of electricity. Circuit breakers and fuses are extensively used in various applications like the construction industry, automotive industry, consumer electronics and power industry among others.
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The major driving factor for the global circuit breakers and fuses market is rapidly advancing industrial and construction industry across the globe. Another key driving factor is raising demand for energy consumption among the consumers in remote areas. Government initiatives and support has provided the strong boost to circuit breakers and fuses market in Asia-Pacific and North America regions. Advancement in technology to provide better energy installation and generation services are expected to fuel the circuit breakers and fuses market over the forecast period. In addition, high competition among the participants on the cost of circuit and fuses is expected to hamper the growth of circuit breakers and fuses market.
In order to give the users of this report a comprehensive view on the circuit breakers and fuses industry, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the circuit breakers and fuses market has also been included. The study encompasses a market attractiveness analysis, wherein type segments and applications segments are benchmarked based on their market size, growth rate, and general attractiveness.
Some of the key player for globe circuit breakers and fuses market includes ABB Ltd., Alstom SA., Eaton Corporation, G&W Electrics Company, General Electric Corp., Siemens AG, Schneider Electrics SE, Pennsylvania Breaker LLC, Toshiba Corporation, Maxwell Technologies Ltd and Mitsubishi Electric.
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This report segments the global circuit breakers and fuses market as follows:
Circuit Breakers and Fuses Market: Type Segment Analysis
- Global circuit breakers market, by typeAir circuit breakers
- Vacuum circuit breakers
- Oil circuit breakers
- SF6 circuit breakers
- Other media circuit breakers (CO2, DCB, and Hybrid)
- Global circuit breakers market, by voltage levelLow voltage circuit breakers
- Medium voltage circuit breakers
- High voltage circuit breakers
- Global fuses market, by voltage levelLow voltage fuses
- Plug-in fuses
- Cartridge fuses
- High voltage fuses
Circuit Breakers and Fuses Market: Application Segment Analysis
- Consumer Electronics
- Power Generation
- Others (healthcare and military)
Circuit Breakers and Fuses Market: Regional Segment Analysis
- North AmericaU.S.
- Asia PacificChina
- Latin AmericaBrazil
- The Middle East & Africa
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