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Europe Electric Fuse Market Share

Report ID: GMI7125
Published Date: Oct 2023
Report Format: PDF

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Europe Electric Fuse Market Share

Among the key players in the European electric fuse industry, Schneider Electric stands out with a substantial market share. The company's dominance can be attributed to its comprehensive product portfolio, innovative solutions, and a strong focus on energy management and automation. Schneider Electric has effectively addressed the region's increasing demand for smart and sustainable electrical solutions, aligning perfectly with Europe's emphasis on energy efficiency and green technologies. Its extensive network of distributors and robust customer support also contribute to its market leadership, enabling Schneider Electric to meet the diverse needs of the European electric fuse market and maintain a significant market share.

The major contenders in the Europe Electric Fuses market include:

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

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of electric fuse in Europe was worth more than USD 1.2 billion in 2022 and is set to exceed USD 2.1 billion by 2032, driven by the rising emphasis on grid reliability, particularly in the face of growing renewable energy integration and the increasing need for robust electrical infrastructure.

Europe low-voltage electric fuse market held over 85% revenue share in 2022 and is set to exhibit over 5.5% CAGR from 2023 to 2032, attributed to the ongoing industrialization and automation in various sectors.

The market valuation of electric fuse in Germany crossed USD 245 million in 2022 and is poised to reach over USD 450 million by 2032, driven by the rising demand for electrical safety across the industrial and commercial sectors.

Some of the top electric fuse companies in Europe are ABB, Schneider Electric, Eaton, C&S Electric Limited, Siemens, Panasonic Industry Co., Ltd., Fuji Electric FA Components & Systems Co., Ltd., S&C Electric Company, Mitsubishi Electric Corporation, and many others.