Circuit Protection Market, By Product, By Channel, And By Geography (North America, Europe, Asia Pacific, Latin America)- Size, Share, Outlook, and Opportunity Analysis, 2023

Description

The global circuit protection market size was valued at US$ 47.02 Billion in 2023 and is anticipated to witness a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 47.02 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	6.80%	2030 Value Projection:	US$ 74.6 Bn

An electric circuit is a closed path of charge between a power source, connecting wires and electric devices. Every circuit has a maximum amount of current it can allow to pass through - over this, the wires could overheat and melt or fires might break out. Thankfully, circuit protection devices (CPDs) prevent this by automatically disconnecting the supply of electricity when a dangerous overcurrent passes through the wires.

The most basic type of CPD is a fuse. The fuse consists of two oppositely charged plates connected by a metal wire, which acts like a charge pipe through which positive charges can flow. If a given device draws more current than permitted, the fuse wire melts and breaks the circuit, stopping the current flow. There are different types of fuses based on their voltage and current ratings, application, response time and breaking capacity.

Market Dynamics:

The global Circuit Protection market is expected to grow at a rapid pace in the forecast period due to rising adoption of IoT devices in various applications across industries. The growing telecommunication sector coupled with the increasing investments towards the development of strong IT infrastructure is fuelling the growth of the global circuit protection market.

The increased focus on electrical safety in consumer applications is boosting the demand for advanced circuit protection systems, which will provide a lucrative opportunity for market players. However, high cost of raw materials and stringent government regulations are likely to hinder growth of the global circuit protection market during the forecast period.

Key features of the study:

This report provides in-depth analysis of the global circuit protection market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global circuit protection market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include ABB Ltd., NXP Semiconductors N.V., Bel Fuse Inc., Larsen & Toubro Limited, Schneider Electric SE, Rockwell Automation, Inc., Mitsubishi Electric Corporation, Siemens AG, Eaton Corporation plc., and General Electric Company.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global circuit protection market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global circuit protection market

Detailed Segmentation:

Global Circuit Protection Market, By Product:
- Circuit Breaker
- Fuse
- HD Pro
- Inrush Current Limiter
- Mobile Power Protection
- Overvoltage Protection
- PTC Devices
- GFCI
Global Circuit Protection Market, By Channel:
- OEM
- Retail
- Wholesale
Global Circuit Protection Market, By Application:
- Agriculture
- Automotive
- Commercial & Residential Building
- Household Appliances
- HVAC
- Power Generation
- Recreational Vehicle
- Telecom
- Others
Global Circuit Protection Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- ABB Ltd.
- Bel Fuse Inc.
- Schneider Electric SE
- Mitsubishi Electric Corporation
- Eaton Corporation plc.
- General Electric Company
- Siemens AG
- Rockwell Automation, Inc.
- Larsen & Toubro Limited
- NXP Semiconductors N.V.

Product Code: CMI6088

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Channel
- Market Snapshot, By Application
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Constantly growing automotive industry
Increasing adoption of Internet of Things (IoT)
- Restraint
Increase in cost of raw materials
Stringent government regulations against use of sulfur hexafluoride (SF6)
- Opportunities
Growing urbanization and industrialization in emerging countries
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Circuit Protection Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Circuit Protection Market , By Product, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Circuit Breaker
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Fuse
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
HD Pro
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Inrush Current Limiter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Mobile Power Protection
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Overvoltage Protection
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
PTC Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
GFCI
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

6. Global Circuit Protection Market , By Channel, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
OEM
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Wholesale
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

7. Global Circuit Protection Market , By Application, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
Agriculture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Commercial & Residential Building
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Household Appliances
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
HVAC
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Power Generation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Recreational Vehicle
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Telecom
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

8. Global Circuit Protection Market , By Region, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)

9. Competitive Landscape

ABB Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
NXP Semiconductors N.V.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Bel Fuse Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Larsen & Toubro Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Schneider Electric SE
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Mitsubishi Electric Corporation Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Rockwell Automation, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Eaton Corporation plc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Siemens AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
General Electric Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

10. Section

Research Methodology
About us

Circuit Protection Market, By Product, By Channel, And By Geography (North America, Europe, Asia Pacific, Latin America)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030