Global Fuse Market Size Analysis, 2018-2028
| REPORT ID: BKR698 | Domain: Power & Energy | Published Date: April 2018 |
Global Fuse Market Analysis
The Global fuse market size is estimated to be valued at USD 7 billion in 2018 and will register a CAGR of 5.7% between 2017 and 2028.
The global fuse market is at its maturity scale. However, is witnessing rapid transition towards slimmer and smart technologies. The industry is highly fragmented with presence of various players. While, fuse market is concentrated in Europe and North America, China and India have relatively larger number of small and mid-scale players in operations. Successful capitalization of the market could help companies to witness 1.5X increase in the revenue.
Global Fuse Market Dynamics
Global fuse market is driven by various factors ranging from macroeconomics to supply side and demand side drivers. Much of the demand is generated by efficient power distribution systems. Globally, power distribution has risen by 13% in last decade. As such, various allied sectors has benefited from it including electronic accessories providers. Huge potential is seen in Africa and Asia Pacific. Africa accounts for over 13% of global population, however, has just 4% share in total electric consumption. The percent share has increased in last few years with implementation of various government policies.
Furthermore, construction sector is gaining prominence in developing regions. Growth in construction sector will create lucrative market opportunities for industry verticals including fuse suppliers. As per the estimate, China and India are spending heavily on smart city projects that are equipped with modern technologies. Over USD 2 Trillion is expected to be spend on smart city projects in India. This will create substantial market opportunity for all industry players.
Companies are emphasizing on smart fuse for energy efficient homes. As per the Bekryl Market Analysts, advancement in artificial technology will be a megatrend for all electrical appliances. Rapid advancement could led to deployment of sizeable fuse that will adjust automatically adjust according to degree of heat.
Global Fuse Market Size Analysis, By End-use
By end-use, global fuse market has been analyzed on the basis of its application across consumer electronics, power generation, construction, industrial sectors, automotive, and others. Power generation and construction sector collectively accounted for over 61% of total share in 2017.
Global Fuse Market Size Analysis, Regional Analysis
Globally, Asia Pacific is expected to dominate the global fuse market throughout the forecast period followed by North America. In 2017, North America and Asia Pacific accounted for over 68% of total share. China accounted for major chunk of the regional in Asia Pacific. As per the estimates, fuse sales in China is nearly 6X higher compared to that of India. As such, China accounts for over 55% of total Asia Pacific share. The share is expected to further rise with increase in construction spending. China is highly fragmented market with presence of various small scale players. Price based competition can be seen in the region owing to local production by small industry players.
North America, on the other hand, has relatively concentrated market with majority of the market share dominated by leading players. Over 46 million electric fuse units were sold in the region in 2017. Companies in North America are investing on research & development for development of smart fuse. The move could help leading companies to strengthen their regional dominance and business presence. Lately, fuse are also gaining traction in hybrid vehicles. It is expected that electric vehicles will take over 70% of the conventional vehicles by 2030. As such, this will create favorable market opportunity for fuse suppliers and manufacturers.
Global Fuse Market Size Analysis, Competition Landscape
Some key fuse market players are ABB Ltd., Panasonic Electronic Devices Co., Ltd., Mitsubishi Materials Corporation, Bel Fuse Inc., Littelfuse, Inc., Ta-I Technology Co., Ltd., Schneider Electric, Sano Corporation, Eaton Corporation, TE Connectivity Ltd., Mersen, Matsuo Electric Co Ltd and Polytronics.
Fuse Market Size TOC
- Report Structure
- Research Methodology
- Market Engineering Factors Weightage
- Market Share Methodology
- Executive Summary
- Key Findings
- Market Engineering Factors
- Industry Expert Perspectives
- Market Definitions
- The Global Fuse Market Value
- Overall Market Forecast
- Fuse Growth Outlook, By Segments
- Fuse Growth Scenario, by Region
- The Fuse Industry Ecosystem
- Parent Market Overview
- Industry Value Chain and Distribution Analysis
- Growth Factor Analysis
- Key Industry Players By Region
- The Fuse Industry Dynamics
- Drivers
- Challenges
- Opportunities
- Mega Trends
- Geographical Trends
- Industry Experts Views
- Merger Acquisition
- Regulatory Compliances, By Selected Countries
- Key Industry Developments
- The Fuse Market Pricing Analysis
- Fuse Product Pricing Forecast
- Pricing Analysis By Region
- Pricing Trends
- Global Fuse Industry Value and Forecast
- Introduction
- Industry Initiatives
- Industry Predictive Analysis
- Fuse Industry Segment Comparative Ranking Analysis
- Key Companies Involved and Initiatives
- Global Industry Opportunity Proposition Analysis
- Market Share Analysis, (%)
- Global Fuse Market Size and Forecast, (2017-2027)
- Market Value Forecast (US$ Million)
- Growth Analysis (Y-o-Y) and Forecast
- Global Fuse Industry Size and Forecast, By Segments
- By Voltage Level
- Low Voltage Fuses
- Plug in Fuse
- Cartridge Fuse
- High Voltage Fuse
- Low Voltage Fuses
- By Product Type
- Cartridge Fuse
- Renewable
- Non-Renewable
- Fuse Holder
- Plug-in Fuse
- Others
- Cartridge Fuse
- By End-use
- Automotive
- Construction
- Power Sector
- Consumer Appliances
- Others
- By Voltage Level
- North America Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis
- North America Fuse Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- North America Fuse Market, By Segments (As mentioned in section 10 of TOC)
- S. Fuse Market Size and Forecast, By Segments
- Canada Fuse Market Size and Forecast, By Segments
- Latin America Fuse Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Latin America (South America) Fuse Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Latin America Fuse Market, By Segments (As mentioned in section 10 of TOC)
- Brazil Fuse Market Size and Forecast, By Segments
- Argentina
- Mexico
- Rest of Latin America
(Fuse industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Western Europe Fuse Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Western Europe Fuse Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Western Europe Fuse Market, By Segments (As mentioned in section 10 of TOC)
- Germany Fuse Market Size and Forecast, By Segments
- UK
- France
- Spain
- Italy
- NORDIC
- Switzerland
- Rest of Western Europe
(Fuse industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Central and Eastern Europe (CEE) Fuse Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Central and Eastern Europe Fuse Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Central and Eastern Europe Fuse Market, By Segments (As mentioned in section 10 of Fuse Market TOC)
- Russia Fuse Market Size and Forecast, By Segments
- Poland
- Ukraine
- Rest of CEE
(Fuse industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Asia Pacific Fuse Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Asia Pacific Countries
- Asia Pacific Fuse Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Asia Pacific Fuse Market, By Segments (As mentioned in section 10 of TOC)
- Japan Fuse Market Size and Forecast, By Segments
- China
- India
- South Korea
- Australia
- ASEAN
- Rest of Asia Pacific
(Fuse industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Middle East Fuse Market Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Middle East Countries
- Middle East Fuse Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Middle East Fuse Market, By Segments (As mentioned in section 10 of TOC)
- GCC Fuse Market Size and Forecast, By Segments
- Israel
- Rest of Middle East
(Fuse industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Africa Fuse Market Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Africa Countries
- Market Share Analysis, (%)
- Africa Fuse Industry Size and Forecast, (2017-2027)
- Africa Fuse Industry Share (%)
- Africa Fuse Industry Growth Forecast (%)
- South Africa Fuse Market Size and Forecast, By Segments
- Algeria
- Nigeria
(Fuse industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Fuse Market Competitive Landscape
- Competition Dashboard
- Funding and Investment
- Company Market Positioning
- Marketing Mix Strategies
- Product Level Strategies
- Go-to-Market Strategies
- SWOT Analysis
- Key Developments, By Companies
- Company Profiles*
- ABB Ltd.,
- Panasonic
- Mitsubishi Materials Corporation,
- Bel Fuse Inc.,
- Littelfuse, Inc.,
- Ta-I Technology Co., Ltd.,
- Schneider Electric,
- Sano Corporation,
- Eaton Corporation,
- TE Connectivity Ltd.,
- Mersen, Matsuo Electric Co Ltd
- Analyst Opinion
- Summary and Conclusion
- For more Information, Bekryl can help
*(SWOT, Key Developments, and Strategies are based on individual companies)
To access the detailed Fuse industry TOC and sample research pages, download sample.
Fuse Market Report Structure
Fuse Industry Dynamics
This section enables Fuse industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Fuse market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Fuse industry trends and keep industry leaders abreast of latest happenings.
This section includes:
- Market Drivers
- Market Challenges
- Fuse Industry Trends
- Fuse Value Chain Analysis
- Marketing Opportunities
- Regulatory Aspects
- Fuse Industry Experts Market Opinion
Industry Analysis, By Segments
Industry stakeholders receive detailed analysis of the Fuse industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.
Each segment has research framework, essential to understand the market scenario in near future.
Each segment includes:
- Market Size and Forecast
- Annual Growth Rate Analysis (AGR)
- Key Trends, By segments
- Key Industry Developments
- Investment Proposition Analysis
- Potential Addressable Market Analysis
- Growth Factor, By Segment Analysis
This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.
Competition Landscape
Keep abreast of key strategies of industry leaders and regional Fuse industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.
This section include:
- Competition dashboard
- SWOT Analysis by Companies
- Go-to-market sales strategy
- Financial performances subject to listed companies
- Market Share Analysis
- Analyst Recommendation
Regional Market Analysis
Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Fuse market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.
This section include:
- Market Size by Country and Region
- Market Opportunity, By Country and Region
- Regional Trends
- Growth Analysis and Forecast
Country Profiles
Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any
North America Fuse Market Size
- S.
- Canada
Latin America Fuse Market Size
- Brazil
- Mexico
- Argentina
- Rest of Latin America
(*Fuse Market value analyzed across each Latin America country)
Western Europe Fuse Market Size
- Germany
- UK
- France
- Switzerland
- Spain
- Italy
- NORDIC
- Rest of Western Europe
(*Fuse Market value analyzed across each Western Europe country)
Central and Eastern Europe Fuse Industry Analysis
- Russia
- Poland Meat
- Ukraine Meat
- Rest of Eastern Europe
(*Fuse Market value analyzed across each Central and Eastern Europe country)
Asia Pacific Fuse Industry Size
- China
- India
- Japan
- Australia
- South Korea
- ASEAN Meat
- Rest of Asia Pacific
(*Fuse Market value analyzed across each Asia Pacific country)
Middle East Fuse Industry Size
- GCC
- Israel
- Rest of Middle East
(*Fuse Market value analyzed across each Middle East country)
Africa Fuse Industry Size
- South Africa
- Algeria
- Nigeria
- Rest of Africa
Fuse Market Research Methodology
Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.
Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.
Fuse Market Growth Forecasting Methodology
In order to prepare historical data and analyze Fuse market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Fuse market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.
- Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
- The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.
With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Fuse industry revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.
The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries. Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Fuse industry growth is nearly 3.5X to 5.5X higher than the relative GDP.
Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.
- Base Factors Growth Analysis
- Price Variation Analysis
- Potential Consumer Mapping
Fuse Industry Players: Competition Landscape Methodology
Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.
HOW WE ARE DIFFERENT
Growth Partnership
We work together with our clients to present strategic market research solutions that not only helps in understanding the net opportunity but also industry macroeconomic trends shaping the market. We extend our services to all types of industries ranging from inspiring startups to industry giants.
Tailored Solutions
We provide strategic solutions that help client meet their business needs. Our market research and consulting services includes wide range of organizations ranging from industries to educational and research institutes. Our well-equipped analytical team help client to explore digital platform for maximizing profits.
Industry Partnership
Bekryl Analysts track over 800 media channels and over 9000 market players to get the most blistering information on latest happening. It helps Bekryl to contribute consulting solutions that is proven and effective for clients.