Press release
Circuit Breakers and Fuses Market is expected to reach USD 31.11 Billion in 2021
Browse Market Research Report @
http://www.transparencymarketresearch.com/circuit-breakers-fuses-market.html
Circuit breakers are electric switches which operate automatically to protect the electric circuit from damage by turning itself on/off when faced with overload or short circuit. The basic function of the circuit breaker is to identify any malfunctioning and breakup in the current flow. Whereas fuses are a kind of low resistance resistor which acts as a sacrificial appliance designed to protect overcorrect protection from either load or short circuit. Growth of industrial and construction industry in emerging markets and increasing demand for electricity and reliable power delivery are factors driving the circuit breakers and fuses market. Moreover, electronic devices are vulnerable to failure due to power fluctuations. Private agencies and governments around the world have recommended and mandated the incorporation of device protection components such as fuses and circuit breakers in electronic devices.
Geographically the circuit breakers and fuses market has been broadly segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). In 2014 North America was the largest contributor in the circuit breaker and fuses market. The North America market accounted for 34.8% of the total market share. The market for circuit breakers and fuses in North America is likely to grow significantly in the future due to rising demand for electricity.
The global circuit breaker and fuses market is segmented by the voltage level of installation into low, medium and high voltage circuit breakers. By arc quenching media type the circuit breaker market can be segmented into air, vacuum, oil and SF6 circuit breakers. Further, the fuses market is segmented into low voltage fuses and high voltage fuses. The low voltage fuses are further segmented into Plug-in fuses and cartridge fuses. The low voltage circuit breakers were a major contributor in the global circuit breakers and fuses market in 2014. This growth is attributed to vast and rapid development of power grids.
The global circuit breaker and fuses market by industrial application has been segmented into: construction, automotive, industrial, consumer electronics, power generation, healthcare and military. The power generation segment was the largest contributor in the circuit breakers and fuses market. In 2014 the power generation segment amounted for USD 5.41 billion. There is growth in demand for efficient and smart power generation which is required to address the futuristic demand for electricity. As power generation increases, the market for protection devices such as circuit breakers and fuses is expected to grow.
Fill the form to gain deeper insights on this market @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2287
Key players in the circuit breakers and fuses market are ABB Ltd. (Switzerland), Alstom SA. (France), Eaton Corporation (Ireland), G&W Electrics Company (U.S), General Electric Corp. (U.S), Siemens AG (Germany), Schneider Electrics SE (France), Pennsylvania Breaker LLC (U.S.), Toshiba Corporation (Japan), Maxwell Technologies Ltd (U.S.) and Mitsubishi Electric (Japan) among others. This report provides strategic analysis of the circuit breaker and fuses market and the growth forecast for the period 2015 to 2021. The report covers competitive analysis of various market segments based on the type of circuit breakers and fuses, industry applications and in depth cross section analysis of circuit breakers and fuses market across different geographic segments.
About Us :
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business Contact.
Contact Us :
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
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 Circuit Breakers and Fuses Market is expected to reach USD 31.11 Billion in 2021 here
News-ID: 512715 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for USD
Bone Cement Market Outlook USD 1,871.10M-USD 3,512.31M
How Is the Bone Cement Market Supporting the Rise of Modern Orthopedic Surgery?
The Bone Cement Market plays a critical role in modern orthopedic and spinal procedures, acting as a foundational material for joint replacement, fracture fixation, and vertebral stabilization. Bone cement is widely used to anchor implants, restore bone structure, and improve patient mobility-making it an essential component of musculoskeletal care.
In 2025, the global bone cement market was valued at…
Autologous Cell Therapy Market Outlook USD 9.31B-USD 54.83B
How Is the Autologous Cell Therapy Market Redefining the Future of Precision Medicine?
The Autologous Cell Therapy Market is rapidly emerging as one of the most transformative areas in modern healthcare, offering highly personalized treatment options for complex and chronic diseases. By using a patient's own cells to repair, replace, or regenerate damaged tissues, autologous cell therapy minimizes immune rejection risks while maximizing therapeutic effectiveness.
In 2025, the global autologous cell therapy…
PACS Market USD 5.59B in 2025, USD 9.73B by 2035
Picture Archiving and Communication System (PACS) Market Expands as Digital Imaging Transforms Global Healthcare
Introduction: PACS at the Core of Modern Medical Imaging
The healthcare industry is undergoing a rapid digital transformation, with medical imaging playing a critical role in diagnosis, treatment planning, and patient monitoring. At the heart of this transformation lies the Picture Archiving and Communication System (PACS)-a technology that enables the storage, retrieval, management, and sharing of medical images…
Global HEOR Market USD 1.70B-USD 6.03B
Health Economics and Outcomes Research (HEOR) Market Accelerates as Value-Based Healthcare Redefines Global Decision-Making
Introduction: The Growing Importance of HEOR in Modern Healthcare
The global healthcare industry is undergoing a profound transformation, shifting from volume-driven care models to value-based healthcare systems that prioritize patient outcomes, cost efficiency, and real-world effectiveness. At the center of this transformation lies Health Economics and Outcomes Research (HEOR)-a discipline that evaluates the economic value, clinical outcomes, and…
Foam Tape Market Outlook 2035: Industry Growth from USD USD 4.89 Billion (2025) …
The Foam Tape Market plays a vital role in modern industrial and manufacturing ecosystems. Foam tapes are pressure-sensitive adhesive products manufactured using materials such as polyurethane, polyethylene, PVC, and acrylic foam. These tapes are widely used for bonding, sealing, insulation, cushioning, vibration damping, and noise reduction across multiple industries. Their ability to replace traditional mechanical fasteners like screws, bolts, and rivets has positioned foam tapes as a preferred solution in…
Chlorella Market Reach USD 465.85 Million USD by 2030
Market Growth Fueled by Increased Adoption of Plant-Based Proteins and Health Supplements
Global Chlorella Market size was valued at USD 303.75 Mn. in 2023 and the total Chlorella revenue is expected to grow by 6.3 % from 2024 to 2030, reaching nearly USD 465.85 Mn. . The growth of the market is majorly due to increase in the consumer awareness about health, the inclination towards plant-based food such as chlorella and…
