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Medium voltage fuses are used as a protection device in medium voltage switchgear. They generally are of two types, namely, expulsion fuses and current limiting fuses, and are used in a wider range of system voltages. The range of medium voltage fuse varies from 3 to 36 kV from both, dynamic and thermal effects of short-circuit currents. This market is expected to high demand due to the growth of the industrial & construction industry, increasing demand for electricity and steady power delivery.
The medium voltage fuse market has been segmented on the basis of type and application. Based on type, the market has been segmented into current-limiting fuses, expulsion fuses, type K, type T, type H, type N, and others. A current-limiting fuse helps in reducing the magnitude of the fault current and the duration of the overcurrent event. Current limiting fuses operate much faster on high fault currents as compared to expulsion fuses.
Based on application, the market has been segmented into transformers, motor starters/motor circuits, feeder circuits/feeders, switchgear, capacitors, and others. The transformers segment is expected to account for a major share of the global medium voltage fuse market due to the growing need for energy. The global medium voltage fuse market is expected to rapidly grow in North America due to the presence of major industry players.
Key Factors Impacting Market Growth:
What Does This Report Provide?
This report provides a detailed understanding of the global medium voltage fuse market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.
Market Segmentation:
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Companies Covered: ABB Ltd., Littelfuse, Inc., Bel Fuse, Inc., DF Electric, Eaton Corporation, SIBA GmbH, Fuseco Inc., General Electric, IPD Group Limited and Mersen S.A.
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