Europe Fuses Market to Reach USD 2.2 Billion by 2035, Driven by Electrification, Renewables Integration, and HV-DC Advancements

The Europe Fuses Market is projected to grow from USD 1.4 billion in 2025 to USD 2.2 billion by 2035, expanding at a CAGR of 4.2% during the forecast period.

This growth is fueled by Europe's accelerating electrification of mobility, expansion of renewable energy infrastructure, and the transition to high-voltage DC (HV-DC) systems in power grids and photovoltaic installations.

MarketGenics, a leading research firm, highlights the European fuses market as a critical enabler of grid modernization and electrical safety in an era defined by clean energy targets, stricter standards, and rapid EV adoption.

Get the Detailed Industry Analysis (including the Table of Contents, List of Figures, and List of Tables) - from the Europe Fuses Market Research Report: https://marketgenics.co/press-releases/europe-fuses-market-79704

Recent Developments Shaping the Market
Schurter Partners with CAP-XX to Diversify into Supercapacitors

In March 2025, Schurter announced a strategic partnership with CAP-XX to integrate prismatic supercapacitors into its energy-management product line. The collaboration enhances Schurter's offering in overcurrent protection and supports next-generation mobility and grid stability applications.

ABB Opens €20 Million Electrification Components Factory in Belgium

In May 2024, ABB inaugurated a €20 million automated factory in Evergem, Belgium, to strengthen its regional fuse and switchgear ecosystem. The facility integrates on-site solar generation and supports ABB's commitment to sustainable manufacturing while boosting supply chain resilience within Europe.

Mersen Expands Fuse Production Capacity in Germany

Responding to rising EV and solar inverter demand, Mersen commissioned a new manufacturing plant in Germany in early 2025. The site will produce high-performance fuses for electric vehicle systems and photovoltaic installations, reinforcing Germany's leadership in electrical protection technology.

Europe Fuses Market Forecast 2035
The Europe fuses market is expected to create an incremental opportunity of USD 0.8 billion between 2025 and 2035.

Germany will remain the largest and most attractive market, accounting for 25% share (USD 0.3 billion) in 2025, driven by heavy investment in smart grid modernization and industrial electrification.

Low-voltage fuses hold a dominant ~55% share in 2025, reflecting their widespread use in residential, commercial, and industrial electrical systems.

Medium and high-voltage fuses are expected to register faster growth due to expanding renewable installations, DC power infrastructure, and EV charging networks.

By 2035, fuses will be fully embedded across Europe's power distribution, e-mobility, and renewable systems, acting as essential components in energy resilience and safety frameworks.

To know more about the Europe Fuses Market - Download our Sample Report: https://marketgenics.co/download-report-sample/europe-fuses-market-79704

Key Drivers, Challenges, and Opportunities
Driver - Electrification of Mobility and Power Electronics

Europe's electrification boom is transforming fuse specifications.

As EV platforms shift toward 800-1000 V architectures, OEMs are adopting compact, high-DC-rated, low I2t fuses capable of handling rapid charge-discharge cycles and high ambient temperatures.

In 2025, Littelfuse introduced its 823A series (5x20 mm) AEC-Q200-qualified fuse rated up to 1000 V DC, underscoring the surge in demand for compact, high-performance components in European EVs and charging infrastructure.

Restraint - Multi-Regime Compliance and Certification Complexity

European fuse manufacturers face overlapping certification frameworks-IEC/EN, VDE/DIN, UL/CSA, and renewable or railway-specific standards.

This multilayered compliance environment increases development costs, extends time-to-market, and pressures smaller firms struggling to meet documentation and material declaration requirements (RoHS, REACH, PFAS).

Eaton's Bussmann series, for instance, demonstrates the complexity of coordinating multiple international approvals for a single fuse family.

Opportunity - Local Capacity Expansion and Near-Shoring for Energy Transition Projects

The regionalization of production is accelerating as manufacturers expand to meet Europe's renewable and e-mobility buildout.

SIBA's 2024 plant expansion exemplifies the near-shoring strategy that shortens lead times, supports EU-origin mandates, and enhances responsiveness to project-based demand in rail, wind, and grid applications.

With gigafactory projects and DC-rail electrification advancing, localized fuse production is becoming both a strategic and economic necessity.

Key Trend - HV-DC and Compact Fuse Assemblies Redefine Protection Design
The proliferation of 1500-2000 V DC photovoltaic systems and battery energy storage is driving innovation in fuse architecture.

At the June 2025 Mersen event, the company introduced its HP20P 2000 V DC series, designed for high-voltage PV string inverters-reflecting Europe's move toward ultra-HV systems that deliver balance-of-system cost savings.

Simultaneously, OEMs are demanding space-saving, modular fuse assemblies integrating high interrupting capacity, visual status indicators, and low watt-loss, aligning with Europe's compact switchboard design trend.

Buy Now: https://marketgenics.co/buy/europe-fuses-market-79704

Segmental Insights
Low Voltage Fuses Lead with 55% Market Share

Low-voltage fuses dominate the European market, driven by applications across distribution boards, control panels, and industrial protection systems.

Eaton continues to expand its Bussmann range of low-voltage fuses, offering enhanced IEC/EN standard conformity and flexible mounting options tailored to European panel builders.

High Voltage Fuses and EV Applications Register Rapid Growth

Rising investment in grid modernization and renewable integration is increasing demand for medium- and high-voltage fuses in wind and solar projects.

Simultaneously, automotive-grade fuses designed for power distribution units (PDUs), inverters, and fast chargers are becoming a lucrative niche as Europe's EV ecosystem scales.

Regional Highlights
Germany:

Holds the largest share (25%), driven by industrial automation, strong automotive OEM presence, and national investments in smart grid and renewable infrastructure.
Companies such as Siemens and Mersen are innovating in high-performance fuses for industrial and mobility applications.

United Kingdom & France:

Growing focus on distributed energy systems and urban electrification is propelling demand for low-voltage and smart fuse solutions.

Nordic Countries & Netherlands:

High renewable penetration, especially wind and hydro, drives adoption of medium-voltage fuses and DC protection devices.

Eastern Europe & CIS:

Infrastructure upgrades and localization efforts in manufacturing are fueling moderate but steady fuse demand across power and transport sectors.

Competitive Landscape
The Europe fuses market is moderately fragmented, with the top five players controlling over 40% of total market share in 2025.

Tier 1 Leaders:

Eaton

Siemens AG

ABB Ltd.

Legrand S.A.

Mersen SA

Tier 2 and Regional Players:

Littelfuse

SIBA

SCHALTBAU

Jean Müller

DF Electric

ESKA

ETI

Competition is intensifying as players invest in automation, multi-standard testing, and product miniaturization. Larger manufacturers are consolidating regional capacities to support growing demand from smart grid and EV sectors, while niche European firms compete on specialized fuse types and quick-turn manufacturing.

Future Outlook
By 2035, Europe's fuse industry will transform from a commodity-driven market into a strategic component ecosystem supporting the continent's electrification and energy transition agenda.
Key growth areas include:

HV-DC fuses for photovoltaic and battery storage systems

Automotive fuses for high-voltage EV platforms

Smart fuse assemblies integrated with sensors for condition monitoring

Localized production hubs for faster supply chain response and regulatory alignment

Fuses will remain indispensable in Europe's journey toward digitalized, decarbonized power systems-small devices with a large role in ensuring safety, reliability, and sustainability across the continent's electrified future.

Get a preview of our Europe Fuses Market Playbook - your guide to GTM strategy, competitive intelligence, supplier dynamics, and Consumer Behavior Analysis: https://marketgenics.co/playbook/europe-fuses-market-79704

Prominent Companies Operating in the Europe Fuses Market:

Eaton, Siemens AG, ABB Ltd., Legrand S.A., Mersen SA, Littelfuse, SIBA, SCHALTBAU, Jean Müller, DF Electric, ESKA, ETI, and other key players.

About Us

MarketGenics is a global market research and management consulting company empowering decision makers across healthcare, technology, and policy domains. Our mission is to deliver granular market intelligence combined with strategic foresight to accelerate sustainable growth.

We support clients across strategy development, product innovation, healthcare infrastructure, and digital transformation.

Contact:

Mr. Debashish Roy

MarketGenics India Pvt. Ltd.

800 N King Street, Suite 304 #4208, Wilmington, DE 19801, United States

USA: +1 (302) 303-2617

Email: sales@marketgenics.co

Website: https://marketgenics.co

This release was published on openPR.