Big Money In Fuses and Circuit Breakers

Fuses and Circuit Breakers Market to Cross $15.5 Billion by 2010, According to New Report by Global Industry Analysts, Inc.

Global fuses and circuit breakers market is likely to grow moderately in the coming years, with mixed growth fortunes in both developed and developing countries. The market is projected to cross US$15.5 billion by 2010.

San Jose, California (PRWEB) July 18, 2007 -- Global fuses and circuit breakers market is likely to grow moderately in the coming years, with mixed growth fortunes in both developed and developing countries. The market is projected to cross US$15.5 billion by 2010.

Fuses and circuit breakers are extensively used in several diverse Original Equipment Manufacturing (OEM) industries including industrial machinery, telecommunication equipment, medical equipment, transportation equipment, electrical and electronic equipment. Increasing growth in the end-use sectors during the past few years is primarily driving the demand for certain segments in the fuses and circuit breakers market. Particularly, significant growth in telecommunication and electronic equipment is expected to further propel the demand for fuses and circuit breakers.

Circuit breakers segment dominates the market in most industries. The segment accounted for more than 70% of the total fuses & circuit breakers market in 2007. United States, Europe, and Asia-Pacific are the leading market collectively accounting for more than 75% of the global demand. Circuit breakers market in the United States is estimated at US$3.5 billion in 2007. Several companies are looking for potential regions such as the Middle East, China, India, South America, Russia, and Eastern Europe. Asia-Pacific, exhibiting a CAGR of 5%, represents the fastest growing market for Fuses & Circuit Breakers worldwide. Broader macro-economic growth along with increasing demand for infrastructure facilities, such as power and buildings construction is likely to drive the demand for fuses and circuit breakers in this region. Fuses market in the region is projected to garner sales of US$891.4 million by 2010. Developing economies in the Asia-Pacific region, including China and India are expected to be the fastest growing markets for fuses and circuit breakers.

Advances in several varied sectors contribute to the growing demand for sophisticated and more complex electrical distribution equipment. This surge has triggered growth for several protection equipment including miniature circuit breakers. Innovative and more sophisticated miniature circuit breakers are being developed to address the high-performance requirements of construction industry. Aftermarket prospects in the industry are favorable due to OEM growth witnessed during the last decade. Electronic and automotive equipment industries are the largest markets in North America, Japan, and Europe while construction, power generation, and industrial machinery industries are expected to drive growth in the Asia-Pacific, Middle East, and Latin American regions.

Leading players in the market include Asea Brown Boveri, Cooper Industries Ltd., E-T-A Elektrotechnische Apparate GmbH, Eaton Corporation, General Electric, Hitachi, Ltd., Littelfuse Inc., Mitsubishi Electric Corporation, Moeller GmbH, Powell Industries Inc., Schneider Electric SA, and Siemens AG. More than 70% of the North American high voltage power circuit breaker market is held by ABB, Mitsubishi Electric Power Products, and Siemens.

The report titled "Fuses and Circuit Breakers: A Global Strategic Business Report" published by Global Industry Analysts, Inc. provides a detailed insight into prevalent market trends and issues, drivers, and market restraints defining the industry landscape. The coverage includes product profile, end-use markets, competition, regulatory environment, mergers and acquisitions and other strategic industry activity. Analysis is presented for established/emerging geographic markets including United States, Japan, France, Germany, the UK, Italy, Spain, Asia, Latin America and the Middle East.

For more details of this research report please visit www.strategyr.com/MCP-1119.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site www.StrategyR.com

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Company Name: Global Industry Analysts, Inc.
Phone: (408) 528-9966
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