Thermal Fuse Market: Overview
A thermal fuse or thermal cut-off is a device that is used to prevent electrical appliances from overheating. It is a small device that plays an important role in preventing fires. A thermal fuse is used where safety is the primary concern as it keeps appliances from overheating. It is designed to detect abnormal rises in temperature and break circuits. A thermal fuse completely burns if the machine gets beyond its safety level. Unlike an electrical fuse, a thermal fuse is melted by excessive heat instead of being shorted out by excessive current. A thermal fuse uses a one-time fusible link. Unlike a thermal switch, which may automatically reset itself when the temperature drops, the thermal fuse is more like an electrical fuse: a single-use device that cannot be reset and must be replaced when it fails/burns out. A thermal fuse is used when the overheating is a result of a rare occurrence, such as failure requiring repair (which would also replace the fuse) or replacement at the end of service life.
Thermal Fuse Market: Market Demand
The demand for thermal fuses is driven by a year-on-year increase in the sales of electrical appliances and electronic goods. A technological revolution in electrical appliances and electrical and electronic goods is expected to benefit manufacturers of thermal fuses in the near future. The federal law mandates the inclusion of a thermal fuse on all dryers manufactured since the 1980s. A thermal fuse operates if dryer exhaust temperatures climb too high. In this case, the thermal fuse shuts off the dryer or its components.
The thermal fuse becomes operational when the thermal element inside the fuse melts. Furthermore, if the thermal element inside the thermal fuse does not reach the operating temperature, the thermal fuse does not operate even if the ambient temperature rises to the operating temperature. A thermal fuse uses a fusible link, which consist of two pieces of metal that are attached together by a substance designed to melt at a particular temperature. Under normal circumstances, current runs between two plates, running an appliance. A thermal fuse only works one time. If it is triggered during a high-exhaust temperature event, the fuse must be replaced.
Thermal Fuse Market: Key Segments
The global thermal fuses market can be segmented based on type, application, and region. In terms of type, the global thermal fuses market can be divided into axial thermal fuse, radial thermal fuse, organic thermal fuse, and temperature thermal fuse. Based on application, the global thermal fuses market can be classified into household appliances, audio & video equipment, computers, test &measurement equipment, electronic equipment, and transportation equipment (excluding engine control). The voltage rating of the thermal fuse must be equal to or greater than the available circuit voltage. In many applications, fuses are installed in fuse-holders.
Thermal Fuse Market: Regional Outlook
In terms of geography, Asia Pacific dominates the global thermal fuses market. A majority of thermal fuses are utilized in residential, industrial, and commercial buildings. Chinese manufacturers of thermal fuses have penetrated the global thermal fuses market owing to low to moderate capital investments. Large volumes of thermal fuse are imported from China at an affordable price. Rapid industrialization in countries in Latin America is anticipated to offer substantial expansion opportunities to the global thermal fuses market in the near future. The market in Europe is expected to expand at a rapid pace due to the deployment of thermal fuses in various applications. Countries in North America and Europe are pioneers in technological developments related to thermal fuses.
Thermal Fuse Market: Key Players
Key players operating in the global thermal fuses market include Littelfuse, Inc., Emerson, Chatham Components Inc., Eaton Corporation, Panasonic, Schurter Inc., and TDK-Lambda Americas Inc.
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.