eFuse Market Size to Grow $674 million by 2029 | Leading key players are Analog Devices, Inc., STMicroelectronics, Monolithic Power Systems, Inc., Microchip Technology

The eFuse market is projected to reach USD 674 million by 2029 from an estimated USD 557 million in 2024, at a CAGR of 3.9% during the forecast period.
According to a research report "eFuse Market [https://www.marketsandmarkets.com/Market-Reports/efuse-market-157236196.html] Type (Auto Retry, Latched), Package Type (Small Outline No Lead, Dual Flat No Leads, Quad Flat No Leads, Think Shrink Small Outline Package), Application, End User, & Region - Forecast to 2035" published by MarketsandMarkets, the eFuse market is projected to reach USD 674 million by 2029 from an estimated USD 557 million in 2024, at a CAGR of 3.9% during the forecast period.

The growing requirement for advanced circuit protection in a variety of high-tech industries is driving up demand for eFuses globally. eFuses are being integrated by end users such as servers, hard disc drives (HDD), and solid-state drives (SSD) in order to protect against power anomalies in data centres, automobile electronics, and consumer electronics. System reliability is improved by the availability of eFuses in varieties like auto-retry and latching, which allow customised protection mechanisms. Compact design needs of contemporary electronic devices are met by packaged kinds such as Thin Shrink Small Outline Package (TSSOP), Dual Flat No Leads (DFN), Quad Flat No Leads (QFN), and Small Outline No Lead (SON), which allow for flexible integration into a variety of applications.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=157236196

Solid State drives, by application, is expected to be the largest-growing segment during the forecast period.

Based on application, the eFuse market has been split into up to solid state drives, hard disk drives, servers and data centres equipment, automotive electronics and other application. The solid state drives segment is expected to be the largest growing segment because solid state drives are becoming more and more used in data centres, enterprise storage, and consumer gadgets due to their advantages over traditional hard disc drives in terms of speed, dependability, and energy economy. eFuses prolong the life of solid state drives and improve data integrity by offering crucial protection against overcurrent and short circuits. The need for eFuses in solid state drives rises in tandem with the need for quicker, more dependable storage solutions, particularly in high-performance computing applications.

The latched segment, by type, is expected to be the fastest-growing segment during the forecast period.

This report segments the eFuse market based on the type as, auto retry and latched. The latched segment is expected to be the fastest-growing in the eFuse market due to its ability to provide persistent protection by remaining in an off state after a fault until manually reset. This feature is crucial for applications requiring high safety standards and minimal downtime, such as in automotive electronics, industrial systems, and critical IT infrastructure. The latched mechanism ensures a robust response to overcurrent conditions, significantly enhancing system reliability and safety.

Asia Pacific is expected to be the largest region in the eFuse market.

Asia Pacific is expected to be the largest region for the eFuse market due to several key factors. Firstly, it houses several rapidly developing economies with booming electronics, automotive, and telecommunications sectors, all of which extensively use eFuses for circuit protection. Secondly, the region is a global manufacturing hub for electronic devices and components, leading to a high demand for eFuses in production processes. Additionally, governments in Asia Pacific are heavily investing in digital infrastructure and renewable energy projects, further driving the demand for sophisticated circuit protection solutions. Finally, the growing consumer electronics market in countries like China, India, and South Korea contributes significantly to the region's dominance.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=157236196

The eFuse market is served by a mix of large international players with global operational presence and local players with a strong domestic supply network. Analog Devices, Inc. (US), STMicroelectronics (Switzerland), Monolithic Power Systems, Inc. (US), Microchip Technology (US) and Qorvo, Inc. (US) are the market leaders in the EFuse market. These companies use strategies such as acquisitions, sales contracts, product launches, partnerships to increase their market share.

About MarketsandMarkets Trademark

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Contact:

Mr. Aashish Mehra

MarketsandMarkets Trademark INC.

630 Dundee Road

Suite 430 Northbrook,

IL 60062

USA : 1-888-600-6441

newsletter@marketsandmarkets.com

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=efuse-market-size-to-grow-674-million-by-2029-leading-key-players-are-analog-devices-inc-stmicroelectronics-monolithic-power-systems-inc-microchip-technology]
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/efuse-market-157236196.html



This release was published on openPR.