End User (Automotive, Residential Building Construction, Electronics & Electrical Equipment, Non-Residential Building Construction, Non-Automotive Transportation Equipment)
The electronics & electrical equipment segment in the resettable fuse PPTC market is expected to garner the highest share of about 30% during the forecast period. This growth could be influenced by the growing demand electronics item such as wearable devices. The number of connected wearable devices worldwide grew significantly between 2019 and 2022. The total number increased from about 928 million the previous year to almost approximately 2 billion in 2022. Most modern rechargeable battery systems contain resettable PTC fuses to safeguard both the charging system and its load. Additionally, the size of resettable fuse PPTC is small which makes it preferable for wearable and another chargeable device.
Voltage Level (High Voltage Fuse, Medium Voltage Fuse, Low Voltage Fuse)
The high voltage resettable fuse PPTC market is anticipated to grow at the highest share of about 50% during the forecast period. Resettable fuse PPTC is greatly deployed in big industries such as telecom and power supply in order to handle high voltage. Therefore, the segment is poised to grow further boosting the market revenue.
Our in-depth analysis of the global resettable fuse PPTC market includes the following segments:
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Author Credits: Abhishek Verma
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