Press release
Explosive Growth In The Consumer Electronics Fuels Circuit Protection Market: Powering Innovation and Expansion in the Circuit Protection Market by 2025
Circuit Protection
What Is the Expected CAGR for the Circuit Protection Market Through 2025?
In recent times, the circuit protection market has experienced significant expansion. The market, which was valued at $54.5 billion in 2024, is projected to rise to $59.88 billion in 2025, with a compound annual growth rate (CAGR) of 9.9%. Factors contributing to this growth during the historical period include the expansion of the electronics industry, heightened demand for automotive electronics, advancements in industrial automation, infrastructure development, and a surge in the demand for consumer electronics.
What's the Projected Size of the Global Circuit Protection Market by 2029?
In the coming years, the size of the circuit protection market is predicted to experience swift expansion. The market is projected to balloon to $89.77 billion by 2029, witnessing a compound annual growth rate (CAGR) of 10.7%. This surge in growth during the predicted period can be credited to factors like the escalating implementation of smart grids, solar and wind power generation enhancements, miniaturization and advancements in microelectronics, the proliferation of data centers, as well as rising focus on safety and reliability issues. Prevailing trends during the forecast period will encompass technological evolution, the proliferation of the Internet of Things (IoT), the roll-out of 5G technology, the widespread utilization of Industrial IoT (IIoT), and the emergence of new energy storage technologies.
View the full report here:
https://www.thebusinessresearchcompany.com/report/circuit-protection-global-market-report
Top Growth Drivers in the Circuit Protection Industry: What's Accelerating the Market?
The surge in the need for smartphones, PCs, laptops, and tablets is projected to push the expansion of the circuit protection market. The purpose of circuit protection is to safeguard a device from harm caused by an overabundance of current. This phenomenon can emerge in electronics like smartphones. Implementing circuit protection can mitigate this issue. For example, in February 2023, a report by Uswitch Limited, a UK-based online and telephone comparison, and switching service, revealed that the UK had 71.8 million mobile connections at the start of 2022, which was 4.2 million more than the population, indicating a 3.8% uptick from 2021 and equating to roughly 2.6 million extra connections. It's predicted that by 2025, the UK population will have climbed to 68.3 million, with around 95% (approximately 65 million people) expected to be smartphone owners. Consequently, escalating demand for smartphones, PCs, and tablets is fuelling the growth of the circuit protection market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6611&type=smp
What Trends Will Shape the Circuit Protection Market Through 2029 and Beyond?
The trend of new product introductions is sculpting the landscape of the circuit protection market. To cater to the evolving needs of the market, businesses are launching innovative and improved products. For example, ABLIC Inc., a semiconductor firm hailing from Japan, introduced the 4-/5-Serial Cell S-82B4/B5 Series and S-82C4/C5 Series of Battery Protection ICs in July 2022. These are lithium-ion battery protection ICs explicitly built to safeguard battery packs against overcharging, discharging excessively, overcurrents, and short-circuits.
What Are the Main Segments in the Circuit Protection Market?
The circuit protection market covered in this report is segmented -
1) By Type: Overcurrent Protection, Electrostatic Discharge (ESD) Protection, Overvoltage Protection
2) By Device: Circuit Breakers, Fuses, ESD Protection Devices, Surge Protection Devices
3) By Channel Outlook: Original Equipment Manufacturer (OEM), Retail, Wholesale
4) By End-User: Automotive And Transportation, Electrical And Electronics, Energy, Construction, Industrial, Other End Users
Subsegments:
1) By Overcurrent Protection: Fuses, Circuit Breakers, Resettable Fuses (PTC)
2) By Electrostatic Discharge (ESD) Protection: ESD Suppressors, ESD Protection Diodes, ESD Protection ICs
3) By Overvoltage Protection: Surge Protective Devices (SPDs), Transient Voltage Suppressors (TVS), Voltage Clamping Device
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6611&type=smp
Which Top Companies are Driving Growth in the Circuit Protection Market?
Major companies operating in the circuit protection market include ABB Ltd., Alstom SA, Bel Fuse Inc., Eaton Corporation plc, General Electric Company, Hitachi Ltd., Keko-Vericon Sp. z o.o., Larsen & Toubro Limited, Mitsubishi Electric Corporation, NXP Semiconductors N.V., ON Semiconductor Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens Aktiengesellschaft, Texas Instruments Incorporated, Altech Corporation Pty. Ltd., Automation Systems Interconnect Inc., Bourns Inc., Carling Technologies Inc., CBI-electric: low voltage (Pty) Ltd., CHINT Electric Co. Ltd., Cooper Bussmann LLC, Delta Electronics Inc., E-T-A Circuit Breakers GmbH, Fuji Electric Co. Ltd., Hager Group, Legrand SA, Leviton Manufacturing Co. Inc., Littelfuse Inc., Lovato Electric S.p.A., Mersen S.A., Phoenix Contact GmbH & Co. KG
Which Regions Will Dominate the Circuit Protection Market Through 2029?
North America was the largest region in the circuit protection market in 2024. The regions covered in the circuit protection market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6611
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company provides in-depth research and insights through a vast collection of 15,000+ reports spanning 27 industries and over 60 geographies. Backed by 1,500,000 datasets, extensive secondary research, and expert insights from industry leaders, we equip you with the knowledge needed to stay ahead in the market.
Our flagship offering, the Global Market Model, is a leading market intelligence platform that delivers comprehensive and up-to-date forecasts to support strategic decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Explosive Growth In The Consumer Electronics Fuels Circuit Protection Market: Powering Innovation and Expansion in the Circuit Protection Market by 2025 here
News-ID: 4075910 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Protection
Ballistic Protection Market : Personal Protection Equipment, Vehicle Protection …
According to a new report published by Allied Market Research, titled, "Ballistic Protection Market," The ballistic protection market was valued at $14 billion in 2021, and is estimated to reach $26.1 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031.
North America dominates the market, in terms of revenue, followed by Asia Pacific, Europe and LAMEA. In addition, Europe is expected to grow at a highest growth…
Crop Protection Market Future Outlook, Crop Protection Industry Research Reports …
The crop protection equipment delivers the farmers with a cost-effective manner of advancing the yield and the quality of their crops. Crop protection is the science and practice of maintain the plant diseases, weeds and several other pests that broke down the agricultural crops and forestry. The agricultural crops comprise the field crops, fruits and vegetables. Such crops in the field are exposed to several aspects. Birds, insects, bacteria, rodents…
Income Protection - United Kingdom (UK) Protection Insurance 2021
HTF Market Intelligence released a new research report of 39 pages on title 'Income Protection - United Kingdom (UK) Protection Insurance' with detailed analysis, forecast and strategies. The study covers key regions that includes United Kingdom (UK) and important players such as Legal & General, Aviva, Royal London, The Exeter, Friends Life, Vitality, AIG, Guardian, SquareHealth, Medical Screening Solutions, Canopy, Anorak, Quilter, iPipeline.
Request a sample report @ https://www.htfmarketreport.com/sample-report/2806177-income-protection-united-kingdom
Summary
Income…
Crop Protection Chemicals Market, Crop Protection Market Research, Crop Protecti …
The crop protection products, likewise crop pesticides, are utilized to decrease the yield losses by the pests and syndromes. Reliant on the Royal Society of Chemicals, nearly 800 chemicals active ingredients are registered for the usage as a crop protection solution across the globe. Such chemicals are widely classified in the fungicides, herbicides and insecticide groups.
The crop protection chemical industry has been converting over the years, with vigorous growth…
Spear Phishing Protection Market - Multi-Layered Malware Protection, Social Engi …
In the highly competitive vendor landscape for the global spear phishing protection market, companies are focusing on the development of technologically advanced and innovative spear phishing protection solutions so as to retain consumers and attract new ones. Focus on expansion across lucrative regional markets is also emerging as a leading growth strategy adopted by players with the view of strengthening their positions and improving growth prospects, observes Transparency Market Research…
Personal Protective Equipment for Mining Market Report 2018: Segmentation by Typ …
Global Personal Protective Equipment for Mining market research report provides company profile for AJ Charnaud, Cordova Safety Products, Cestus, DuPont, Ergodyne, Moldex, 3M, Ansell, Honeywell International, MSA and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to…
