Global Radial Thermal Fuse Market Research Report 2024(Status and Outlook)
Global Radial Thermal Fuse Market Research Report 2024(Status and Outlook)
The global Radial Thermal Fuse market size was valued at US$ 234.8 million in 2024 and is projected to reach US$ 312.7 million by 2030, at a CAGR of 4.9% during the forecast period 2024-2030.
The United States Radial Thermal Fuse market size was valued at US$ 52.3 million in 2024 and is projected to reach US$ 67.5 million by 2030, at a CAGR of 4.3% during the forecast period 2024-2030.
Radial thermal fuses are cylindrical, lead-wire type thermal cutoffs designed to interrupt an electrical circuit when the ambient temperature exceeds a predetermined limit, commonly used in various electrical and electronic devices for overheating protection.
The global Radial Thermal Fuse market is experiencing moderate growth, driven by increasing safety requirements in electronic products, growing automotive electronics market, and advancements in thermal management technologies. In 2023, total production reached 850 million units, with Asia, North America, and Europe accounting for 80% of global output. The home appliance sector remains the largest end-user at 35%, followed by industrial equipment at 25%. Standard radial fuses (rated 70
