Inrush current limiter avoids damage to components by blowing fuses or tripping the circuit breakers. These are components in the form of negative temperature coefficient (NTC) thermistors and fixed resistors among others. The market is expected to grow during the forecast period. 

The global rise in industrial is creating the need for power generation. Furthermore, the rising concern for global warming and depleting energy sources such as coal and petroleum is leading to the need for alternative energy. The global rise for alternative energy is further driving the market for inrush current limiter and they find their primary application in the energy industry. Moreover, the emerging concept of intelligent buildings is further creating the need for protection from sudden power surges, which is aiding to the growth of inrush current limiters globally. In addition, the inrush current limiter fuses have several advantages over other forms of fuses such as boric acid fuses. The inrush current limiters operate silently without disrupting the environment. Furthermore, these current limiters have higher interrupting capacity than boric acid fuses which makes them ideal for industrial and commercial usage. In addition, the inrush current limiters are economical and have better coordination with other devices as compared to other forms of fuses. These factors are driving the market for inrush current limiter globally during the forecast period. 

However, there are some factors which are disrupting the growth of this market. The NTC thermistor is not short circuit proof. Furthermore, these inrush current limiters are still hot after being switched off and have low resistance during that time. It can only start operating properly after cooling down which usually takes more than a minute. These factors are hindering the growth for inrush current limiter market during the forecast period. 

The global demand for urbanization in developing regions like India is further expected to surge the need for construction sector in future. With the rise in demand for construction, the need for energy is expected to increase. Furthermore, the rise in globalization is leading to migration of manufacturing units in developing regions such as Asia Pacific and Africa. This is expected to increase the demand for industrial infrastructure in the near future. These factors are further expected to drive the market for inrush current limiters in future. 

The inrush current limiters can be segmented into types, end use industry and geography. In terms of types, the market can be further bifurcated into negative temperature coefficient (NTC) thermistors and fixed resistors. The fixed resistors can be further divided into carbon composition resistor, wire wound resistor, metal film resistor, foil resistor and metal glaze resistors among others. In terms of application, the market can be segregated into commercial, industrial and household application. The industrial application is expected to have the largest market share during the forecast period. 

By geography, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America and Europe are expected to witness steady growth during the forecast period. However, the growing urbanization in Asia Pacific region is expected to drive the market for inrush current limiter significantly. Moreover, the commercial and industrial segment is expected to push the growth in Middle East and Africa region. 

The inrush current limiter market is witnessing some intense competition by the leading players operating in this sector. Frequent mergers and acquisition, joint ventures and partnerships are some of key strategies adopted by these leading players in the market. The key manufacturers in the inrush current limiter market are Honeywell International, Inc., Mouser Electronics, Murata Electronics, TDK Corporation, Ametherm and Cantherm among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Inrush Current Limiter Market

Pre Book