Market Overview:
The global circuit protection kits market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for these kits from residential and commercial applications, and the growing awareness about safety and security among consumers. The circuit breakers segment is expected to account for the largest share of the global circuit protection kits market in 2018, followed by electronic fuses. The power thyristors segment is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to its ability to protect circuits against short-circuits and overcurrents. In terms of region, North America is expected to account for the largest share of the global circuit protection kits market in 2018, followed by Europe.
Product Definition:
Circuit protection kits are used to protect circuits from short-circuits, overloading and other electrical hazards. They are important because they keep people safe and help prevent damage to electronic equipment.
Circuit Breakers:
Circuit breakers are a group of electrical components that protect the circuit from damage due to high or low voltage. The most common types of circuit breakers used in residential and commercial applications include surface mount, panel mount, and bulkhead mounted. They can be installed as an standalone device or in conjunction with other protection devices such as fuses, residual current devices (RCD), overvoltage protection devices (OVP), and ground fault detection (GMD) to provide multiple functions.
Electronic Fuses:
An electronic fuse is a small device used to protect an electrical circuit from damage by detecting and preventing the flow of current if there is any problem in the electrical connection or equipment. It consists of two blades, which are normally closed when no current is flowing through them. One blade can be opened by applying voltage while other remains closed due to internal pressure or magnetic effect.
Application Insights:
The commercial application segment dominated the global circuit protection kits market, accounting for more than 60.0% share of the total revenue in 2017. The growth can be attributed to an increase in industrial and commercial activities across the globe. Moreover, a growing number of power distribution lines and communication networks are resulting in increased demand for protection devices globally.
The residential sector is expected to witness significant growth over the forecast period owing to increasing consumer spending on home theaters, smart homes and appliances coupled with rising real estate prices across various regions including Asia Pacific and North America & Europe. A surge in demand has resulted in an increase of around 15% per annum since past few years for electrical equipment installation services which further drives product demand globally as they are used during installation process at customer premise side as well as during maintenance operations at service providers¢â‚¬â„¢ premises (TVM Power Corporation).
Regional Analysis:
Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising investments in power generation, transmission and distribution sectors. Moreover, growing demand for electric vehicles is also expected to drive the product demand across this region.
The Asia Pacific regional market was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high consumption of circuit protection kits due to increased penetration of electricity supply through cable connections rather than through mains connection.
North America's industry is anticipated grow at a significant rate owing both electrical fuses.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing popularity of electric vehicles
- Proliferation of the Internet of Things (IoT) and connected devices
- Rising demand for renewable energy sources
- Stringent government regulations on electrical safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Circuit Protection Kits Market Research Report
By Type
Circuit Breakers, Electronic Fuses, Power Thyristors, Others
By Application
Residential, Commercial
By Companies
Eaton, KOA Speer, Bourns, TE Connectivity, Littelfuse, Schurter, Carling Technologies, Future Electronics, ETA, AVX, Eaton, Microchip Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Circuit Protection Kits Market Report Segments:
The global Circuit Protection Kits market is segmented on the basis of:
Types
Circuit Breakers, Electronic Fuses, Power Thyristors, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eaton
- KOA Speer
- Bourns
- TE Connectivity
- Littelfuse
- Schurter
- Carling Technologies
- Future Electronics
- ETA
- AVX
- Eaton
- Microchip Technology
Highlights of The Circuit Protection Kits Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Circuit Breakers
- Electronic Fuses
- Power Thyristors
- Others
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Circuit Protection Kits Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Circuit Protection Kits are a type of electronic equipment that protect electrical circuits from damage.
Some of the key players operating in the circuit protection kits market are Eaton, KOA Speer, Bourns, TE Connectivity, Littelfuse, Schurter, Carling Technologies, Future Electronics, ETA, AVX, Eaton, Microchip Technology.
The circuit protection kits market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Circuit Protection Kits Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Circuit Protection Kits Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Circuit Protection Kits Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Circuit Protection Kits Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Circuit Protection Kits Market Size & Forecast, 2018-2028
4.5.1 Circuit Protection Kits Market Size and Y-o-Y Growth
4.5.2 Circuit Protection Kits Market Absolute $ Opportunity
Chapter 5 Global Circuit Protection Kits Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Circuit Protection Kits Market Size Forecast by Type
5.2.1 Circuit Breakers
5.2.2 Electronic Fuses
5.2.3 Power Thyristors
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Circuit Protection Kits Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Circuit Protection Kits Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Circuit Protection Kits Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Circuit Protection Kits Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Circuit Protection Kits Analysis and Forecast
9.1 Introduction
9.2 North America Circuit Protection Kits Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Circuit Protection Kits Market Size Forecast by Type
9.6.1 Circuit Breakers
9.6.2 Electronic Fuses
9.6.3 Power Thyristors
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Circuit Protection Kits Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Circuit Protection Kits Analysis and Forecast
10.1 Introduction
10.2 Europe Circuit Protection Kits Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Circuit Protection Kits Market Size Forecast by Type
10.6.1 Circuit Breakers
10.6.2 Electronic Fuses
10.6.3 Power Thyristors
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Circuit Protection Kits Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Circuit Protection Kits Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Circuit Protection Kits Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Circuit Protection Kits Market Size Forecast by Type
11.6.1 Circuit Breakers
11.6.2 Electronic Fuses
11.6.3 Power Thyristors
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Circuit Protection Kits Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Circuit Protection Kits Analysis and Forecast
12.1 Introduction
12.2 Latin America Circuit Protection Kits Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Circuit Protection Kits Market Size Forecast by Type
12.6.1 Circuit Breakers
12.6.2 Electronic Fuses
12.6.3 Power Thyristors
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Circuit Protection Kits Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Circuit Protection Kits Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Circuit Protection Kits Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Circuit Protection Kits Market Size Forecast by Type
13.6.1 Circuit Breakers
13.6.2 Electronic Fuses
13.6.3 Power Thyristors
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Circuit Protection Kits Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Circuit Protection Kits Market: Competitive Dashboard
14.2 Global Circuit Protection Kits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton
14.3.2 KOA Speer
14.3.3 Bourns
14.3.4 TE Connectivity
14.3.5 Littelfuse
14.3.6 Schurter
14.3.7 Carling Technologies
14.3.8 Future Electronics
14.3.9 ETA
14.3.10 AVX
14.3.11 Eaton
14.3.12 Microchip Technology
