市场调查报告书
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全球中压熔断器市场评估:依产品类型、依允许电压、依通路、依地区、机会、预测 (2017-2031)Medium Voltage Fuse Market Assessment, By Product Type, By Voltage Capacity, By Distribution Channel, By Region, Opportunities and Forecast, 2017-2031F |
全球中压熔断器市场规模预计将从2023年的15.5亿美元增至2031年的23.8亿美元,在2024-2031年预测期内年复合成长率为 5.52%。
中压熔断器需求的激增主要是由于先进智慧电网技术的整合。新型熔断器提供先进的监控和诊断功能,以增强整体系统控制并实现对电气故障的更快反应。现在,保险丝日益配备内建感测器和通讯模组,可以即时收集资料并最终远端诊断故障。这项创新使公用事业公司能够持续监控系统效能,并确保在故障发生之前发现问题,提高系统的效率和可靠性。
此外,由于太阳能和风能等再生能源导致能源格局不断变化,这些能源输入的可变性和反复无常性使得中压熔断器的设计成为必要。製造商致力于设计和开发满足再生能源装置独特需求的熔断器。现在要求它能够为高电流负载提供高效能处理能力,并在高电流和振动条件下提供可靠的保护。先进的中压熔断器的作用预示着再生能源的全面整合将带来强大且可持续的能源未来。将再生能源完全纳入电网将确保长期的能源未来。
例如,2023年 9月,Littlefuse Inc. 推出了最新版本的656 和 658 系列保险丝盒产品线。更高额定电流的增加为设计工程师和设计师提供了基于最终用户特定使用要求的新选择。产品应用于电子、资料中心、通讯、大楼/家庭自动化、消费性电子等领域。
城市化、基础设施和再生能源的融合推动市场成长
随着快速城市化和智慧城市的发展,提高电力基础设施的可靠性需要具有卓越功能的中压保护系统。随着城市的增加和配电网路的扩展,需要更多的中压熔断器。基础设施领域,电网、配电系统升级扩容等新计画不断涌现,需要中压熔断器,刺激需求。
随着太阳能、风电、水力等再生能源的需求不断增加,中压熔断器必须纳入新组成的电力系统的可靠供电保护中。向智慧电网的过渡需要引进先进技术来监控和控制电力系统。这意味着需要新的保护技术。需要具有远端诊断和即时监控等智慧功能的中压熔断器来支援这些趋势。中压熔断器市场受到辅助设备的影响。
例如,Schneider Electric SE宣布于2024年 4月推出新型 EasySet MV 空气绝缘户内开关设备。这种尖端、环保的开关设备可满足永续配电需求,操作、监控和维护极为简单。
熔断器技术的改进和多样化应用推动市场成长
陶瓷和复合材料在保险丝设计和材料创新方面的改进带来了更好的性能和可靠性。这些提供了良好的保护和效率,促进成长。透过中压熔断器的小型化和客製化实现的技术进步满足了各种应用中对紧凑型和客製化解决方案不断成长的需求。先进的中压熔断器是电气系统能源效率和永续性的首选,因为它们对整体系统性能产生积极影响并有助于节能。日益成长的环境问题需要环保且可回收的中压熔断器解决方案,以适应更大的永续性要求。
本报告研究和分析了全球中压熔断器市场,提供市场规模和预测、市场动态以及主要参与者的现状和前景。
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.