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Asia Pacific Electric Fuse Market Share

Report ID: GMI6651
Published Date: Sep 2023
Report Format: PDF

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Asia Pacific Electric Fuse Market Share

Prominent players within the Asia Pacific electric fuse market have adopted strategic initiatives, including the forging of valuable partnerships and alliances, alongside augmented investments in advanced research and development endeavors. Leading entities in the industry are dedicated to cultivating their prowess in high-speed and high-capacity manufacturing, aimed at delivering enhanced quality electric fuses at competitive price points.

A paramount objective for these industry leaders is the seamless and punctual supply of their products to the market. Notable companies operating in the electric fuse market include:

C&S Electric Limited
ABB
Schneider Electric
KYOCERA AVX Components Corporation
Fuji Electric FA Components & Systems Co., Ltd.
Mitsubishi Electric Corporation
Panasonic Industry Co., Ltd.
S&C Electric Company
Legrand
Eaton
Bel Fuse Inc.
General Electric
Siemens
Hubbell

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

Asia Pacific Electric Fuse industry was valued at around USD 1.8 billion in 2023 and is estimated to reach over USD 3.1 billion by 2032, propelled by rapid industrialization and urbanization that fuel the demand for electricity and electrical infrastructure.

The low voltage segment is further anticipated to grow at a CAGR of over 5.5% through 2032 as the product finds extensive application across residential buildings, commercial establishments, HVAC systems, industrial facilities, the automotive industry, and consumer electronics.

China electric fuse industry is anticipated to be valued over USD 980 million by 2032 owing to expanding manufacturing sector, coupled with the growth of consumer electronics and automotive industries.

Fuji Electric FA Components & Systems Co., Ltd., Mitsubishi Electric Corporation, Panasonic Industry Co., Ltd., S&C Electric Company, Legrand, Eaton, Bel Fuse Inc., Mersen EP, General Electric, Siemens, and Hubbell among others.