Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Resettable Fuse PPTC Market size was over USD 4.33 billion in 2024 and is anticipated to cross USD 12.21 billion by 2037, growing at more than 8.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of resettable fuse PPTC is estimated at USD 4.64 billion.
The major factor driving the market expansion is the growing demand for consumer electronics such as smartphones. Currently, approximately 5 billion people all across the world use smartphones, which equates to about 84% of the population worldwide. Hence, the demand for this market is growing in order to protect electronics system from overheating.
Additionally, owing to the growing prevalence of fire incident in residential and non-residential building the need for fire alarm system is growing. Therefore, the adoption of resettable fuse PPTC is also growing in modern fire alarm. When the heat increases due to fire caused this resettable fuse trip hence protecting from further damage. Consequently, its importance is growing owing to this factor.