Market Research Insights

  San Francisco, 31 Jan 2024:  The Report  Circuit Protection Market  Size, Share & Trends Analysis Report By Product (Circuit Breaker, Fuse, Inrush Current Limiter, Mobile Power Protection), By Channel, By Application, By Region, And Segment Forecasts, 2023 - 2030 The global circuit protection market size is expected to reach USD 72,677.3 million by 2030 registering a CAGR of 5.9 from 2023 to 2030 according to a new study by Grand View Research, Inc. The primary drivers of the global market growth include expanding energy infrastructure development activities, the necessity of revamping the power transmission and distribution network, and a focus on creating new energy connectivity. Additionally, in order to protect the machinery from the probability of power fluctuation and short circuits, there is an increasing demand for advanced circuit protection equipment throughout industry verticals, including electronics, communications, and automotive. The gr...

  San Francisco, 18 Jan 2022:   The Report  Circuit Protection Market  Size, Share & Trends Analysis Report By Product (HD Pro, Circuit Breaker, Fuse, GFCI, Inrush Current Limiter), By Application, By Channel, By Region, And Segment Forecasts, 2021 - 2028 The global circuit protection market size is expected to reach USD 71.64 billion by 2028, expanding at a CAGR of 6.7% from 2021 to 2028, according to a new report by Grand View Research, Inc. The market is expected to benefit from the growing need to upgrade power transmission and distribution networks and establish renewable energy connectivity. The rising demand for advanced circuit protection equipment in the automotive, electronics, and telecommunications sectors can be attributed to growing safety concerns related to short circuits and damage resulting from power fluctuations. Increasing access to electricity in developing countries, rising construction and infrastructure development activities, a...