市場調查報告書
商品編碼
1559205
全球中壓熔斷器市場評估:依產品類型、依允許電壓、依通路、依地區、機會、預測 (2017-2031)Medium Voltage Fuse Market Assessment, By Product Type, By Voltage Capacity, By Distribution Channel, By Region, Opportunities and Forecast, 2017-2031F |
全球中壓熔斷器市場規模預計將從2023年的15.5億美元增至2031年的23.8億美元,在2024-2031年預測期內年複合成長率為 5.52%。
中壓熔斷器需求的激增主要是由於先進智慧電網技術的整合。新型熔斷器提供先進的監控和診斷功能,以增強整體系統控制並實現對電氣故障的更快反應。現在,保險絲日益配備內建感測器和通訊模組,可以即時收集資料並最終遠端診斷故障。這項創新使公用事業公司能夠持續監控系統效能,並確保在故障發生之前發現問題,提高系統的效率和可靠性。
此外,由於太陽能和風能等再生能源導致能源格局不斷變化,這些能源輸入的可變性和反复無常性使得中壓熔斷器的設計成為必要。製造商致力於設計和開發滿足再生能源裝置獨特需求的熔斷器。現在要求它能夠為高電流負載提供高效能處理能力,並在高電流和振動條件下提供可靠的保護。先進的中壓熔斷器的作用預示著再生能源的全面整合將帶來強大且可持續的能源未來。將再生能源完全納入電網將確保長期的能源未來。
例如,2023年 9月,Littlefuse Inc. 推出了最新版本的656 和 658 系列保險絲盒產品線。更高額定電流的增加為設計工程師和設計師提供了基於最終用戶特定使用要求的新選擇。產品應用於電子、資料中心、通訊、大樓/家庭自動化、消費性電子等領域。
城市化、基礎設施和再生能源的融合推動市場成長
隨著快速城市化和智慧城市的發展,提高電力基礎設施的可靠性需要具有卓越功能的中壓保護系統。隨著城市的增加和配電網路的擴展,需要更多的中壓熔斷器。基礎設施領域,電網、配電系統升級擴容等新計畫不斷湧現,需要中壓熔斷器,刺激需求。
隨著太陽能、風電、水力等再生能源的需求不斷增加,中壓熔斷器必須納入新組成的電力系統的可靠供電保護中。向智慧電網的過渡需要引進先進技術來監控和控制電力系統。這意味著需要新的保護技術。需要具有遠端診斷和即時監控等智慧功能的中壓熔斷器來支援這些趨勢。中壓熔斷器市場受到輔助設備的影響。
例如,Schneider Electric SE宣佈於2024年 4月推出新型 EasySet MV 空氣絕緣戶內開關設備。這種尖端、環保的開關設備可滿足永續配電需求,操作、監控和維護極為簡單。
熔斷器技術的改進和多樣化應用推動市場成長
陶瓷和複合材料在保險絲設計和材料創新方面的改進帶來了更好的性能和可靠性。這些提供了良好的保護和效率,促進成長。透過中壓熔斷器的小型化和客製化實現的技術進步滿足了各種應用中對緊湊型和客製化解決方案不斷成長的需求。先進的中壓熔斷器是電氣系統能源效率和永續性的首選,因為它們對整體系統性能產生積極影響並有助於節能。日益成長的環境問題需要環保且可回收的中壓熔斷器解決方案,以適應更大的永續性要求。
本報告研究和分析了全球中壓熔斷器市場,提供市場規模和預測、市場動態以及主要參與者的現狀和前景。
Global medium voltage fuse market is projected to witness a CAGR of 5.52% during the forecast period 2024-2031, growing from USD 1.55 billion in 2023 to USD 2.38 billion in 2031.
This surge in demand for medium voltage fuses is mainly attributed to the integration of advanced smart grid technologies. Modern fuses enhance overall management of the system by way of advanced monitoring and diagnostic features, allowing for expedient response to electrical faults. Currently, fuses are increasingly produced with integral sensors and communication modules that can collect real-time data and ultimately diagnose remotely the fault. This innovation allows utilities to monitor system performance continuously and ensure problems are identified before failure occurs, hence making it more efficient and reliable.
In addition, the variability and sometimes capricious characteristics of these energy inputs due to a shift in the energy landscape with renewable energy sources such as solar and wind power necessitated the design of MV fuses. The manufacturers are focusing on developing the design of fuses that would meet the specific needs of renewable installations. This should now offer high-performance handling capability of high current loads and provide credible protection under conditions of high power flows and vibration conditions. Advanced MV fuses role along with full integration of renewable energy sources projects a strong and sustainable energy future. The full integration of renewable energy sources into the grid ensures the development of a long-lasting energy future.
For instance, in September 2023, Littlefuse Inc. has launched the latest editions of its 656 and 658 series fuse blocks product line. New higher amperage ratings offer design engineers and designers additional options based on the specific application requirements of their end-users. Products consumers include electronics, data centers, telecom, building/home automation, and appliances.
Urbanization, Infrastructure, and Renewable Energy Integration to Fuel Market Growth
Reliability in electricity infrastructure at the pace of rapid urbanization and the development of smart cities necessitates good working medium-voltage protection systems. There is a rise in cities, and more and more medium voltage fuses will become necessary as such city growth necessitates the expansion of power distribution networks, which will be needed to protect and control the ever-growing infrastructure of such networks. New projects in infrastructure continue to come up with upgrades and expansions of power networks and distribution systems, and thus these require medium voltage fuses, providing stimulus for demand.
With the increasing demand for renewable sources such as solar, wind, and hydropower, medium voltage fuses must be included for the protection of newly formed power systems with the goal of providing reliable power delivery. The transition towards the smart grid involves introducing advanced technologies to monitor and control the power system. That means a new protection technique is necessary. Medium voltage fuses with intelligent features like remote diagnostics and real-time monitoring are necessary to support such a trend. The medium voltage fuse market is influenced by ancillary equipment.
For instance, in April 2024, Schneider Electric SE announced the launch of its new EasySet MV air-insulated indoor switchgear. For sustainable electrical distribution needs, this cutting-edge and environmentally friendly switchgear delivers unmatched simplicity of operation, monitoring, and maintenance.
Enhanced Fuse Technologies and Varied Applications to Fuel Market Growth
Improved ceramics and composites in the cases of fuse design and material innovations provide better performance and reliability. These lead to growth as they offer better protection and efficiency. Technological progress through miniaturization and customization of MV fuses addresses the ever-increasing demands for compact and tailored solutions in versatile applications. Advanced MV fuses are preferred for energy efficiency and sustainability in electrical systems as they have a positive impact on overall system performance and contribute to energy saving. Increased environmental concerns call for eco-friendly and recyclable MV fuse solutions suited for the larger mandates of sustainability.
MV fuses protect the distribution electrical systems in commercial buildings, such as transformers and switchgear, for safe and reliable delivery of power. In high-density residential developments, MV fuses protect the distribution infrastructure that supplies power to several apartments or homes. Companies introduce fuses with advanced safety levels for specific applications.
For instance, in March 2023, the next level of safety for higher amperage utility scale solar applications was introduced by Mersen Group with the release of its new Higher Amperage 1500VDC Helio Protection 20*65mm PV fuses and fuses holders.
Current Limiting Fuses to Dominate Market Share
Based on product type, the current limiting fuses hold the major share of the global medium voltage market. They limit the energy of a fault and produce a fault in a very short time, often in cycles. This rapid response helps to minimize damage to the system and connected equipment, which should boost the market segment. Additionally, current limiting fuses limit the amount of energy that flows during a fault. By reducing energy, the end-users can protect downstream equipment and minimize the impact of the fault on the system. Governments are focusing on expanding the electricity distribution networks, promoting the adoption of MV fuses.
For instance, in June 2023, Egypt invested USD 1.5 million to Enhance Electricity Distribution Network in Beheira And Support National Projects. This move is part of the government's ongoing efforts to improve services and meet the rising energy needs nationwide.
Asia-Pacific Dominates the Global Medium Voltage Fuse Market Share
The Asia-Pacific is the leading area of the market. Many in Asia-Pacific, with leaders China and India, continue to industrialize at a breathtaking pace. Such growing industrialization demand solid infrastructure for electrical, mainly medium voltage, protection for pieces of equipment and electrical systems. China, India, along with Southeast Asian countries, continue to urbanize; there is a significant increase in power distribution networks along with the emerging need for proper protection solutions.
The region is focused on large-scale infrastructure projects of new power plants, transportation networks, and smart cities. Such projects demand a variety of electric infrastructure and protective systems, for example, the MV fuse ensuring the reliability and safety of such systems. Asia-Pacific invests in renewable energy source-based projects such as solar energy. These are important projects for the MV fuse protecting the energy system and the control of the integration of renewable sources into it.
For instance, in June 2023, ABB Ltd. attended the Asia-Pacific channel partner event in Bangkok. The conference had more than 200 partners gathered from 15 countries to discuss Megen tents who contribute to economic growth in the region, and the possibilities for businesses and innovation represented by electrification, electronic mobility, digitalization, and energy transition.
Future Market Scenario (2024 - 2031F)
Advancements in materials, such as improved ceramics and composites, are improving the performance and reliability of medium-voltage fuses. Fuses with integrated sensors and communication modules are becoming more common, enabling real-time data collection and remote diagnostics. With the integration of renewable energy sources, such as solar and wind, MV fuses are being designed to handle the variable and sometimes unpredictable nature of these energy sources.
Key Players Landscape and Outlook
The medium voltage fuse market is expected to grow due to increasing demand for reliable electrical infrastructure, the expansion of renewable energy sources, and the integration of smart grid technologies. Innovations in fuse technology, including digital integration, smart monitoring, and eco-friendly materials, will drive market growth and create new opportunities. Asia-Pacific will continue to be a major growth driver due to rapid industrialization, urbanization, and infrastructure development. Hence, competitors are focusing on advancing their product line in the region. Key players are expected to focus on technological innovation, sustainability, and global expansion to maintain their competitive edge in the evolving market. Companies are collaborating to advance their technology and expand the supply chain.
For instance, in May 2024, Eaton Corporation acquired Exertherm while expanding into continuous thermal monitoring solutions for electrical equipment. The partnership will enable the end-users to optimize operations and enhance business performance by realizing the possibilities embedded in the data.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.