Circuit Breakers & Fuses

Circuit Breakers & Fuses

Growth in the US market for circuit breakers and fuses will average 4.3% annually through 2020, reaching $5.3 billion in that year. Product sales will be spurred by increases in electrical output and efforts to expand and upgrade the country’s power grid. In addition, dollar gains will be bolstered by rising demand for higher value specialty circuit protection devices as the use of renewable energy sources climbs.

This report segments the circuit breaker and fuse industry by product and market. Data is provided in dollars.

Products include:
Circuit Breakers
Molded case (industrial, light-duty, and specialty)
Power
Parts and accessories
Fuses
Cartridge & plug
Electronic
High-power (distribution cutouts, and power fuses and fuse links)
Other fuse types
Parts and accessories

Power circuit breakers will continue to account for the largest single share of total demand, representing 44% of the market total in 2020. Power circuit breakers rated over 1,000 volts will post the fastest sales gains in percentage terms.

Major markets include:
Automotive
Electric power
Electrical equipment
Electronic equipment
Machinery
Nonautomotive transportation equipment
Nonresidential building construction
Residential building construction
Other

Electric power was the leading market in 2015, accounting for 48% of circuit breaker and fuse demand. However, the most rapid gains through 2020 are forecast for the much smaller residential building market, stimulated by strong increases in housing construction activity.

Both the circuit breaker and fuse segments of the industry are concentrated. Major suppliers to the US market include ABB, Carling Technologies, Eaton, General Electric, Littelfuse, Powell Industries, Schneider, and Siemens.