Press release
Circuit Protection Components Market Revenue Data Historic And Forecast Analysis
Global Circuit Protection Components Market
Circuit Protection Components are the devices that protect machines and electrical circuits. They prevent or limit short-circuiting, overvoltage, Undervoltage, overloads, and other problems which can cause damage to equipment. In addition, they ensure safety in power systems. They can be installed in a variety of equipment and appliances, such as mobile phones, computers, LED lighting systems for homes or offices, and automotive electronics.
An over-current protection component is a device that interrupts electrical current when it exceeds the limits of its endurance. It does this by opening an electric circuit or diverting excess power to another part of the circuit, without interrupting the overall supply. There are three broad types of OCPCs: thermal fuses; magnetic (or nonlinear) devices such as MOVs (metal oxide varistors); and semiconductor components like PTCs (positive temperature coefficient resistors).
Circuit protection refers to the installation of fuses and circuit breakers to protect low-voltage electrical devices during power fluctuations. Frequent voltage fluctuations can damage equipment through electrostatic discharge and reduce its overall lifespan. Circuit protection devices (CPDs), such as circuit breakers, fuses, electrostatic discharge and surge protection devices, are installed to eliminate the threats of electrocution and fire. They form a key component in the manufacturing of computers, laptops, smartphones, battery packs, communication systems and portable electronics.
Moreover, circuit protection devices are widely used in the telecommunication industry. With the advent of 5G technology players are focused on upgrading the telecom infrastructure by deploying various types of equipment that are capable to handle the heavy load of communication. This equipment is costly and gets damaged due to voltage fluctuation or overheating resulting in players opting for advanced current protection solutions to lower the product damage and save additional cost. This high demand for overvoltage protection and inrush current limiters from the telecom sector is expected to boost the target market growth. Also, circuit protection manufacturers are focused on the introduction of new products focused on a particular application is expected to boost the circuit protection market growth
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Global Circuit Protection Components Market: Major Players
Polytronics
Dongguang Micro-Electronics
Zhenjiang Hiya Electron
Shenzhen Bencent Electronics
Ningbo Nenshi Communications Equipment
TDK-EPCOS
Sunlord Electronics
Brightking
Changyuan Wayon
Lite-on Semiconductor
TE
INPAQ
Thinking Electronics
Shanghai Keter Polymer Material
Changzhou Guangda Electron
Xinxing Electronic Ceramics
Littelfuse
TA-I Technology
Amotech
Epcos Electronics
Global Circuit Protection Components Market: By Types
Overcurrent Protection Component
Overvoltage Protection Component
Global Circuit Protection Components Market: By Applications
Mobile Phone
PC
High-power LED Lighting
Automotive Electronics
Global Circuit Protection Components Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Circuit Protection Components market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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