Market Overview:
Medium voltage fuses are devices that protect electrical equipment and wiring from damage by interrupting an overcurrent flow. Medium voltage fuses can be further classified into current limiting fuses, expulsion fuses, and others. The current limiting fuse is the most common type of medium voltage fuse. It contains a strip of metal that melts when the current exceeds the rated value, thereby interrupting the circuit. Expulsion fuses use a gas-filled chamber to extinguish the arc formed when the fuse blows. They are less common than current-limiting fuses but offer better protection against fire hazards.
Product Definition:
A medium voltage fuse is a low-cost device that provides overcurrent protection for electrical equipment and circuits. The importance of medium voltage fuses is to protect people, property, and the environment from the potential hazards of electrical faults.
Current Limiting Fuses:
Current limiting fuses are used to protect the circuit from over current and/or voltage. They have a maximum limit for the amount of current that can flow through them. If this limit is exceeded, the fuse will blow out, thereby protecting the circuit from damage.
The global medium voltage fuses market size was valued at USD 1,099 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Expulsion Fuses:
Expulsion fuses are used in medium voltage fuses market. They are available in two types, namely mechanical and thermal. The basic function of the fuse is to protect the equipment from damage due to short circuit or overload current. It does this by melting and removing the excess heat caused by a fault before it can cause any further damage.
Application Insights:
The motors starters/motor circuits segment held the largest revenue share in 2016. This is attributed to the growing demand for medium voltage fuses in residential and commercial buildings, industrial plants and agricultural facilities, hospitals, hotels and restaurants as well as transportation systems. Medium voltage fuses are used to protect electrical equipment from damage due to lightning or power line abnormalities. These products also ensure safe operation of motor drives including electric motors, PLCs (programmable logic controllers), servo-motors along with their control systems during power outages or abnormal line conditions.
The capacitors application segment is expected witness significant growth over the forecast period owing to an increase in demand for energy storage devices such as supercapacitors that require a high degree of insulation resistance coupled with excellent dielectric strength.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for electric vehicles and growing industrialization in emerging economies, such as China and India. In addition, rising investments in distribution transformers are anticipated to drive regional demand over the next eight years.
The Asia Pacific medium voltage fuse market was valued at USD X million in 2017 owing to high consumption of fuses across key applications including switchgears, feeder circuits/feeders, motor starters/motor circuits and others across countries like China and Japan on account of frequent power outages caused by natural calamities or man-made incidents such as earthquakes or typhoons etc., which results into huge economic losses for businesses involved with it (i.e., loss of revenue).
Growth Factors:
- Increasing demand from the construction and infrastructure sectors
- Growing demand for medium voltage fuses in the automotive sector
- Rising popularity of smart grids and renewable energy sources
- Proliferation of electric vehicles and growing need for safety measures against electrical faults
- Technological advancements in fuse manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Medium Voltage Fuses Market Research Report
By Type
Current Limiting Fuses, Expulsion Fuses, Others
By Application
Transformers, Motor Starters/Motor Circuits, Feeder Circuits/ Feeders, Switchgear, Capacitors, Others
By Companies
ABB, Bel Fuse, Eaton, Littelfuse, SIBA, DF Electric, Fuseco, General Electric, IPD Group, Mersen, ABB, Powell Industries, Pennsylvania Breaker, Mitsubishi Electric
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Medium Voltage Fuses Market Report Segments:
The global Medium Voltage Fuses market is segmented on the basis of:
Types
Current Limiting Fuses, Expulsion Fuses, 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
Transformers, Motor Starters/Motor Circuits, Feeder Circuits/ Feeders, Switchgear, Capacitors, Others
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:
- ABB
- Bel Fuse
- Eaton
- Littelfuse
- SIBA
- DF Electric
- Fuseco
- General Electric
- IPD Group
- Mersen
- ABB
- Powell Industries
- Pennsylvania Breaker
- Mitsubishi Electric
Highlights of The Medium Voltage Fuses 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:
- Current Limiting Fuses
- Expulsion Fuses
- Others
- By Application:
- Transformers
- Motor Starters/Motor Circuits
- Feeder Circuits/ Feeders
- Switchgear
- Capacitors
- Others
- 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 Medium Voltage Fuses 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
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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?
Medium voltage fuse is a type of fuse that is used to protect electrical equipment from overcurrent, overload, or short-circuit.
Some of the major players in the medium voltage fuses market are ABB, Bel Fuse, Eaton, Littelfuse, SIBA, DF Electric, Fuseco, General Electric, IPD Group, Mersen, ABB, Powell Industries, Pennsylvania Breaker, Mitsubishi Electric.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medium Voltage Fuses 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 Medium Voltage Fuses Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medium Voltage Fuses 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 Medium Voltage Fuses 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 Medium Voltage Fuses Market Size & Forecast, 2020-2028
4.5.1 Medium Voltage Fuses Market Size and Y-o-Y Growth
4.5.2 Medium Voltage Fuses Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Current Limiting Fuses
5.2.2 Expulsion Fuses
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Transformers
6.2.2 Motor Starters/Motor Circuits
6.2.3 Feeder Circuits/ Feeders
6.2.4 Switchgear
6.2.5 Capacitors
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medium Voltage Fuses 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 Medium Voltage Fuses 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Current Limiting Fuses
9.6.2 Expulsion Fuses
9.6.3 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 Market Size Forecast by Applications
9.10.1 Transformers
9.10.2 Motor Starters/Motor Circuits
9.10.3 Feeder Circuits/ Feeders
9.10.4 Switchgear
9.10.5 Capacitors
9.10.6 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Current Limiting Fuses
10.6.2 Expulsion Fuses
10.6.3 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 Market Size Forecast by Applications
10.10.1 Transformers
10.10.2 Motor Starters/Motor Circuits
10.10.3 Feeder Circuits/ Feeders
10.10.4 Switchgear
10.10.5 Capacitors
10.10.6 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Current Limiting Fuses
11.6.2 Expulsion Fuses
11.6.3 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 Market Size Forecast by Applications
11.10.1 Transformers
11.10.2 Motor Starters/Motor Circuits
11.10.3 Feeder Circuits/ Feeders
11.10.4 Switchgear
11.10.5 Capacitors
11.10.6 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Current Limiting Fuses
12.6.2 Expulsion Fuses
12.6.3 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 Market Size Forecast by Applications
12.10.1 Transformers
12.10.2 Motor Starters/Motor Circuits
12.10.3 Feeder Circuits/ Feeders
12.10.4 Switchgear
12.10.5 Capacitors
12.10.6 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Current Limiting Fuses
13.6.2 Expulsion Fuses
13.6.3 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) Market Size Forecast by Applications
13.10.1 Transformers
13.10.2 Motor Starters/Motor Circuits
13.10.3 Feeder Circuits/ Feeders
13.10.4 Switchgear
13.10.5 Capacitors
13.10.6 Others
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 Medium Voltage Fuses Market: Competitive Dashboard
14.2 Global Medium Voltage Fuses Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Bel Fuse
14.3.3 Eaton
14.3.4 Littelfuse
14.3.5 SIBA
14.3.6 DF Electric
14.3.7 Fuseco
14.3.8 General Electric
14.3.9 IPD Group
14.3.10 Mersen
14.3.11 ABB
14.3.12 Powell Industries
14.3.13 Pennsylvania Breaker
14.3.14 Mitsubishi Electric
