Market Overview:
The global thermal fuse 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 thermal fuses in home appliances, office automation & communication, automotive and other applications. In terms of type, the organic type thermal fuse is expected to hold the largest share of the global thermal fuse market during the forecast period. This can be attributed to its low cost and high reliability as compared to other types of thermal fuses.
Product Definition:
A thermal fuse is a device found in appliances that senses when the temperature gets too high and automatically shuts off the appliance to prevent it from overheating. Thermal fuses are important because they help protect appliances from damage by shutting them off when they get too hot.
Organic Type Thermal Fuse:
The global organic type thermal fuse market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of its increasing demand from end-use industries including oil & gas, power generation, petrochemical, and manufacturing among others. The growing need for safety in hazardous environments coupled with stringent regulations related to worker safety is anticipated to drive the growth over the next seven years.
Temperature Ceramic Tube Fuse:
Temperature ceramic tube fuse is a small device used to protect electrical devices from overheating. It has two metal blades, which are heated by an electric current and held at a fixed temperature. If the current flow through the device gets too high, the heat generated by it melts the fuse and breaks down causing damage to circuit or equipment.
The global thermal fuse market size was valued at USD 1,Billion in 2016.
Application Insights:
The office automation and communication application segment led the global market in 2017. This is attributed to the growing demand for high-speed data transfer and communication services, especially in large organizations. The growth of this industry is driven by increasing IT spending on corporate networks, rising number of cyber-attacks, need for enhanced data security at workplace and rapid industrialization leading to increased employment rates.
The automotive sector also holds a significant share owing to increasing demand for advanced vehicles with safety features such as anti-lock braking system (ABS), electronic stability control (ESC) that prevent accidents from occurring due to skidding or wheel lockup. In addition, these devices help reduce fuel consumption by monitoring wheel speed and tire inflation information provided by Global Positioning System (GPS). Such factors are expected to drive product demand over the forecast period.
Regional Analysis:
Asia Pacific regional market is anticipated to witness significant growth over the forecast period. The region accounted for a share of more than 30% in 2017 owing to the presence of key manufacturers such as Furukawa Electric Co., Ltd., Panasonic Corporation, and Hitachi, Ltd. In addition, rising demand for consumer electronics products such as smartphones and laptops is expected to drive the market growth over the forecast period.
Europe thermal fuse industry was valued at USD X million in 2017 owing to high demand from several major applications including automotive and others which are located in Germany, U.K., France, Italy, Spain among other countries of this region that have a well-established industrial sector; thus generating high product demand across Europe during recent years due to economic recovery post recession & financial crisis (2008’09).
Growth Factors:
- Increasing demand from the automotive industry for thermal fuses as a safety measure against component failure and fire hazard.
- Growing demand for thermal fuses in consumer electronics due to their ability to protect devices from overheating and damage.
- Rising popularity of LED lighting, which generates more heat than traditional light sources, leading to an increase in demand for thermal fuses in lighting applications.
- Proliferation of smart homes and the Internet of Things, which are creating new opportunities for thermal fuse manufacturers as these devices require reliable protection against overheating.
- Technological advancements that have led to the development of smaller and more efficient thermal fuses, making them suitable for a wider range of applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Fuse Market Research Report
By Type
Organic Type Thermal Fuse, Temperature Ceramic Tube Fuse, Radial Thermal Fuse
By Application
Home Appliance, Office Automation & Communication, Automotive, Others
By Companies
Schott, Littelfuse, Bel, Panasonic, Emerson, Uchihashi, Elmwood, ITALWEBER, AUPO, BF, Betterfuse, A.R.Electric, D&M Technology, SET Electronics
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Fuse Market Report Segments:
The global Thermal Fuse market is segmented on the basis of:
Types
Organic Type Thermal Fuse, Temperature Ceramic Tube Fuse, Radial Thermal Fuse
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
Home Appliance, Office Automation & Communication, Automotive, 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:
- Schott
- Littelfuse
- Bel
- Panasonic
- Emerson
- Uchihashi
- Elmwood
- ITALWEBER
- AUPO
- BF
- Betterfuse
- A.R.Electric
- D&M Technology
- SET Electronics
Highlights of The Thermal 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:
- Organic Type Thermal Fuse
- Temperature Ceramic Tube Fuse
- Radial Thermal Fuse
- By Application:
- Home Appliance
- Office Automation & Communication
- Automotive
- 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 Thermal 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
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- 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 thermal fuse is a safety device used to protect electrical equipment from overheating. When the temperature reaches a certain point, the thermal fuse will open and allow the equipment to cool down.
Some of the major companies in the thermal fuse market are Schott, Littelfuse, Bel, Panasonic, Emerson, Uchihashi, Elmwood, ITALWEBER, AUPO, BF, Betterfuse, A.R.Electric, D&M Technology, SET Electronics.
The thermal 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. Thermal 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. Thermal Fuse Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermal Fuse Market - Supply Chain
4.5. Global Thermal Fuse Market Forecast
4.5.1. Thermal Fuse Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermal Fuse Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermal Fuse Market Absolute $ Opportunity
5. Global Thermal 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. Thermal Fuse Market Size and Volume Forecast by Type
5.3.1. Organic Type Thermal Fuse
5.3.2. Temperature Ceramic Tube Fuse
5.3.3. Radial Thermal Fuse
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermal 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. Thermal Fuse Market Size and Volume Forecast by Application
6.3.1. Home Appliance
6.3.2. Office Automation & Communication
6.3.3. Automotive
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermal 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. Thermal 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 Thermal 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. Thermal 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 Thermal Fuse Demand Share Forecast, 2019-2026
9. North America Thermal 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 Thermal 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 Thermal Fuse Market Size and Volume Forecast by Application
9.4.1. Home Appliance
9.4.2. Office Automation & Communication
9.4.3. Automotive
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermal Fuse Market Size and Volume Forecast by Type
9.7.1. Organic Type Thermal Fuse
9.7.2. Temperature Ceramic Tube Fuse
9.7.3. Radial Thermal Fuse
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 Thermal Fuse Demand Share Forecast, 2019-2026
10. Latin America Thermal 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 Thermal 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 Thermal Fuse Market Size and Volume Forecast by Application
10.4.1. Home Appliance
10.4.2. Office Automation & Communication
10.4.3. Automotive
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermal Fuse Market Size and Volume Forecast by Type
10.7.1. Organic Type Thermal Fuse
10.7.2. Temperature Ceramic Tube Fuse
10.7.3. Radial Thermal Fuse
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 Thermal Fuse Demand Share Forecast, 2019-2026
11. Europe Thermal 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 Thermal 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 Thermal Fuse Market Size and Volume Forecast by Application
11.4.1. Home Appliance
11.4.2. Office Automation & Communication
11.4.3. Automotive
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermal Fuse Market Size and Volume Forecast by Type
11.7.1. Organic Type Thermal Fuse
11.7.2. Temperature Ceramic Tube Fuse
11.7.3. Radial Thermal Fuse
11.8. Basis Point Share (BPS) Analysis byType
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 Thermal Fuse Demand Share, 2019-2026
12. Asia Pacific Thermal 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 Thermal 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 Thermal Fuse Market Size and Volume Forecast by Application
12.4.1. Home Appliance
12.4.2. Office Automation & Communication
12.4.3. Automotive
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermal Fuse Market Size and Volume Forecast by Type
12.7.1. Organic Type Thermal Fuse
12.7.2. Temperature Ceramic Tube Fuse
12.7.3. Radial Thermal Fuse
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 Thermal Fuse Demand Share, 2019-2026
13. Middle East & Africa Thermal 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 Thermal 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 Thermal Fuse Market Size and Volume Forecast by Application
13.4.1. Home Appliance
13.4.2. Office Automation & Communication
13.4.3. Automotive
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermal Fuse Market Size and Volume Forecast by Type
13.7.1. Organic Type Thermal Fuse
13.7.2. Temperature Ceramic Tube Fuse
13.7.3. Radial Thermal Fuse
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 Thermal Fuse Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermal Fuse Market: Market Share Analysis
14.2. Thermal Fuse Distributors and Customers
14.3. Thermal Fuse Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schott
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Littelfuse
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Panasonic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Emerson
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Uchihashi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Elmwood
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ITALWEBER
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AUPO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BF
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Betterfuse
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. A.R.Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. D&M Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SET Electronics
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