Market Overview:
The global low tension fuse market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electrical and electronic equipment, rising awareness about safety and security, and growing investments in infrastructure development. Low tension fuses are used for protection of electrical equipment against overcurrents, short circuits, and other faults. They are available in different types such as plug-in type, spiral type, sealed type, and others. The plug-in type is the most common type of low tension fuse due to its easy installation process. It is mainly used in residential and commercial applications. The spiral type fuse has a higher breaking capacity as compared to other types of fuses and is mainly used in industrial applications where high current loads are present.
Product Definition:
A low tension fuse is a type of fuse that is used to protect electrical circuits from overloads and short circuits. Low tension fuses are typically made of glass or ceramic, and they have a thin wire filament embedded in them. When the circuit is overloaded or shorted, the filament melts, breaking the circuit and preventing damage to the equipment.
Plug-In Type:
Plug-in type is a new term in the industry and has been used for circuit boards that are mounted into appliances. The circuit board plugs into the wall and can be recharged through an electric outlet. It is also known as wall plug or power cord.
Spiral Type:
The spiral type is used in the low tension fuse market owing to its ability to provide a larger surface area for burning. The shape of the spiral provides more ventilation and allows more heat out than most other shapes which results in faster heating and quicker destruction of the fuse.
Application Insights:
Electrical protection application segment led the global low tension fuse market in 2017, accounting for over 45% of the overall revenue share. This is attributed to growing demand for surge protectors and other electrical equipment that operate within a narrow voltage range. The product is widely used in residential, commercial and industrial applications owing to its ability to prevent electric shocks during abnormal conditions such as power outages or voltage fluctuations.
The others application segment includes construction sites, transportation systems and oil & gas installations among others. It has been observed that these products are increasingly being deployed at construction sites across the globe due to rising awareness about safety issues among consumers as well as contractors involved in building projects.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. In addition, growing demand for electric vehicles in Asia Pacific region is anticipated to drive industry expansion over the next eight years.
Europe accounted for a significant share of global revenue in 2017 owing to stringent regulations imposed by governing bodies, such as Underwriters Laboratories (UL) and VDE upon manufacturers pertaining product safety compliance with standards set by them. Europe was followed by North America which accounted for approximately 25% of total market share in 2017 on account of rising demand from U.S., Canada, and Mexico regions due high voltage power distribution cables used across various industries including oil & gas; mining; telecommunication; transportation; municipal etcetera).
Growth Factors:
- Increasing demand from the automotive industry
- Growing demand for low tension fuses in consumer electronics
- Rising popularity of miniaturized low tension fuses
- Proliferation of smart grids and renewable energy sources
- Technological advancements in fuse manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Tension Fuse Market Research Report
By Type
Plug-In Type, Spiral Type, Sealed Type, Others
By Application
Electrical Protection, Electric Equipment Protection, Others
By Companies
COOPER Bussmann, ETI, Hollyland Electronics Technology, Littelfuse, NIKDIM, PEOPLE ELE. APPLIANCE GROUP, SCHURTER, SIBA, SOCOMEC
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Low Tension Fuse Market Report Segments:
The global Low Tension Fuse market is segmented on the basis of:
Types
Plug-In Type, Spiral Type, Sealed Type, 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
Electrical Protection, Electric Equipment Protection, 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:
- COOPER Bussmann
- ETI
- Hollyland Electronics Technology
- Littelfuse
- NIKDIM
- PEOPLE ELE. APPLIANCE GROUP
- SCHURTER
- SIBA
- SOCOMEC
Highlights of The Low Tension Fuse 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:
- Plug-In Type
- Spiral Type
- Sealed Type
- Others
- By Application:
- Electrical Protection
- Electric Equipment Protection
- 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 Low Tension Fuse 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
A low tension fuse is a type of fuse that is designed to protect electrical equipment from overloads and short circuits.
Some of the major players in the low tension fuse market are COOPER Bussmann, ETI, Hollyland Electronics Technology, Littelfuse, NIKDIM, PEOPLE ELE. APPLIANCE GROUP, SCHURTER, SIBA, SOCOMEC.
The low tension fuse market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low Tension Fuse Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Low Tension Fuse Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Low Tension Fuse Market - Supply Chain
4.5. Global Low Tension Fuse Market Forecast
4.5.1. Low Tension Fuse Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low Tension Fuse Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low Tension Fuse Market Absolute $ Opportunity
5. Global Low Tension Fuse Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Low Tension Fuse Market Size and Volume Forecast by Type
5.3.1. Plug-In Type
5.3.2. Spiral Type
5.3.3. Sealed Type
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low Tension Fuse Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Low Tension Fuse Market Size and Volume Forecast by Application
6.3.1. Electrical Protection
6.3.2. Electric Equipment Protection
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low Tension Fuse Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Low Tension Fuse Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Low Tension Fuse Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Low Tension Fuse Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Low Tension Fuse Demand Share Forecast, 2019-2026
9. North America Low Tension Fuse Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Low Tension Fuse Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Low Tension Fuse Market Size and Volume Forecast by Application
9.4.1. Electrical Protection
9.4.2. Electric Equipment Protection
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low Tension Fuse Market Size and Volume Forecast by Type
9.7.1. Plug-In Type
9.7.2. Spiral Type
9.7.3. Sealed Type
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Low Tension Fuse Demand Share Forecast, 2019-2026
10. Latin America Low Tension Fuse Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Low Tension Fuse Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Low Tension Fuse Market Size and Volume Forecast by Application
10.4.1. Electrical Protection
10.4.2. Electric Equipment Protection
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low Tension Fuse Market Size and Volume Forecast by Type
10.7.1. Plug-In Type
10.7.2. Spiral Type
10.7.3. Sealed Type
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Low Tension Fuse Demand Share Forecast, 2019-2026
11. Europe Low Tension Fuse Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Low Tension Fuse Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Low Tension Fuse Market Size and Volume Forecast by Application
11.4.1. Electrical Protection
11.4.2. Electric Equipment Protection
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low Tension Fuse Market Size and Volume Forecast by Type
11.7.1. Plug-In Type
11.7.2. Spiral Type
11.7.3. Sealed Type
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Low Tension Fuse Demand Share, 2019-2026
12. Asia Pacific Low Tension Fuse Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Low Tension Fuse Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Low Tension Fuse Market Size and Volume Forecast by Application
12.4.1. Electrical Protection
12.4.2. Electric Equipment Protection
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low Tension Fuse Market Size and Volume Forecast by Type
12.7.1. Plug-In Type
12.7.2. Spiral Type
12.7.3. Sealed Type
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Low Tension Fuse Demand Share, 2019-2026
13. Middle East & Africa Low Tension Fuse Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Low Tension Fuse Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Low Tension Fuse Market Size and Volume Forecast by Application
13.4.1. Electrical Protection
13.4.2. Electric Equipment Protection
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Low Tension Fuse Market Size and Volume Forecast by Type
13.7.1. Plug-In Type
13.7.2. Spiral Type
13.7.3. Sealed Type
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Low Tension Fuse Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low Tension Fuse Market: Market Share Analysis
14.2. Low Tension Fuse Distributors and Customers
14.3. Low Tension Fuse Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. COOPER Bussmann
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ETI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hollyland Electronics Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Littelfuse
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NIKDIM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PEOPLE ELE. APPLIANCE GROUP
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SCHURTER
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SIBA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SOCOMEC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
