>Middle East and Africa Fuse Market, By Type (AC Fuses, DC Fuses), Product Type (Cartridge Type Fuses, Rewirable Fuses, Switch Type Fuses, Drop Out Type Fuses, Striker Type Fuses, Expulsion Type HRC Fuses, Liquid Type HRC Fuses, Cartridge Type HRC Fuses, Accessories), Voltage Type (Low Voltage, Medium Voltage, High Voltage), End User (Transportation, Construction, Oil and Gas, Power Generation, Telecom, Electrical and Electronics, Healthcare, Mining, Food and Beverage, Others), Country (U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Fuse Market
Fuse market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the fuse market to exhibit a CAGR of 6.6% for the forecast period of 2021-2028.
A fuse is an electrical safety device that prevents electricity overload and protects electrical and electronic devices connected to the circuit. It basically interrupts or breaks the flow of current during overload or excess, by getting a metal strip or metal wire within the fuse and is melted when the current gets overloaded.
The expanding construction and residential industry, requirement for increasing the lifespan of electrical equipment and more flow of electronic devices for construction of smart city emerge as the major factor driving market growth. In addition to this, growing focus towards industrialization as well as urbanization and rising power supply to rural areas will further aggravate the market value. However, fuses when compared to circuit breakers are much slower, which is the major factor estimated to restraint the market’s growth. The factors such as rising funds in smart grid vision and the surge in raw materials prices also hamper the overall growth of the market.
Factors such as growing investments in renewable and energy storage, create new opportunities for growing the market within the forecast period. The disruption in supply chain due to COVID-19 lockdown restrictions will dampen the growth rate that will further result as a challenge for the market.
This fuse market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on fuse market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Middle East and Africa Fuse Market Scope and Market Size
The fuse market is segmented on the basis of type, product type, voltage type and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the fuse market is segregated into AC fuses and DC fuses.
- On the basis of product type, the market is segmented into cartridge type fuses, rewirable fuses, switch type fuses, drop out type fuses, striker type fuses, expulsion type HRC fuses, liquid type HRC fuses, cartridge type HRC fuses, and accessories. The cartridge type fuses is sub-segmented into D-type fuses and link-type fuses.
- On the basis of voltage type, the market is segmented into low voltage, medium voltage, and high voltage. The low voltage is sub-segmented into 125V-250V, 250V-350V, 350V-480V and 480V- 600V. The medium voltage is sub segmented into 600V-2400V, 2400V- 3000V, 3000V- 5500V and 5500V-7200V. The high voltage is sub-segmented into 7200V-12000V, 12000V-17500V, 17500V-24000V and 24000V-72000V.
- On the basis of end user, the market is bifurcated into oil and gas, power generation, telecom, electrical and electronics, healthcare, mining, food and beverage, construction, transportation and others. The construction is sub-segmented into residential and commercial. The transportation is sub-segmented into automotive, railway, marine and aircraft.
Middle East and Africa Fuse Market Country Level Analysis
The fuse market is analyzed and market size, volume information is provided by type, product type, voltage type and end user as referenced above.
The countries covered in the fuse market report are U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The country section of the fuse market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Middle East and Africa Fuse Market Share Analysis
The fuse market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fuse market.
The major players covered in the fuse market report are Siemens, Schneider Electric, Eaton, Littelfuse. Inc, Blue Sea Systems, Okino, MERSEN PROPERTY, Fuji Electric Co., Ltd, Bel Fuse Inc., S sandc, Weber South Pacific, ABB, HINODE ELECTRIC CO.,LTD., Pacific Engineering Corporation, Matsuo Electric Co., Ltd., DF Electric., legrandgroup, AEM Inc., SCHURTER (S) Pte. Ltd,SIBA, Panasonic Corporation and lawsonfuses among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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