Published By: Syndicate Market Research
Circuit Breakers and Fuses Market – Global Industry Perspective,
http://www.syndicatemarketresearch.com/market-analysis/circuitbreakers-and-fuses-market.htmland Forecast, 2014 - 2020
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Circuit Breakers and Fuses Market
Circuit breakers and fuses are automatic electronic components. It works as a protector from
overloaded electrical circuit by interrupting the continuity, or the flow of electricity. Circuit
breakers and fuses break the continuity in case of power overload or short circuit and safeguard
electrical equipments. Fuses are made up of metal wire that melts by overheating in case of
power overload and circuit breakers function through an internal switch mechanism that is
tripped by precarious flow of electricity. Circuit breakers and fuses are extensively used in
various applications like construction industry, automotive industry, consumer electronics and
power industry among others.
The major driving factor for the global Circuit Breakers and Fuses Market is rapidly advancing
industrial and construction industry across the globe. Another key driving factor is raising
demand for energy consumption among the consumers in remote areas. Government initiatives
and support has provided strong boost to circuit breakers and fuses market in Asia Pacific and
North America regions. Advancement in technology to provide better energy installation and
generation services are expected to fuel the circuit breakers and fuses market over the forecast
period. In addition, high competition among the participants on cost of circuit and fuses is
expected to hamper the growth of circuit breakers and fuses market.
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