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Fuse Holder Market size is set to grow by USD 398.3 million from 2024-2028, Growth in EV sales boost the market, Technavio

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NEW YORK, June 24, 2024 /PRNewswire/ — The global fuse holder market size is estimated to grow by USD 398.3 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.36%  during the forecast period. Growth in EV sales is driving market growth, with a trend towards growing demand for telecom towers in APAC. However, uncertainties in global economic growth  poses a challenge. Key market players include Brunswick Corp., Bulgin Ltd., Eaton Corp. Plc, Elcom International Pvt. Ltd., Faurecia SE, Grote Industries LLC, HPL Electric and Power Ltd., Keystone Electronics Corp, Littelfuse Inc., LOVATO Electric Spa, Lucy Group Ltd., Mersen Corporate Services SAS, Rittal GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, SCHURTER Holding AG, Siemens AG, TE Connectivity Ltd., Viair Corp., and WAGO GmbH and Co. KG.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Fuse Holder Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.36%

Market growth 2024-2028

USD 398.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.11

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 38%

Key countries

US, China, Japan, Germany, and UK

Key companies profiled

Brunswick Corp., Bulgin Ltd., Eaton Corp. Plc, Elcom International Pvt. Ltd., Faurecia SE, Grote Industries LLC, HPL Electric and Power Ltd., Keystone Electronics Corp, Littelfuse Inc., LOVATO Electric Spa, Lucy Group Ltd., Mersen Corporate Services SAS, Rittal GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, SCHURTER Holding AG, Siemens AG, TE Connectivity Ltd., Viair Corp., and WAGO GmbH and Co. KG

Market Driver

The telecom sector’s expansion, driven by rising mobile subscriptions and advanced services like 5G, is leading to an increase in telecom tower installations, particularly in APAC. China and India are significant contributors, with China aiming to double its tower installations due to 5G migration. Renewable energy sources, such as wind and solar, are being adopted to power telecom towers and reduce carbon footprint. This shift towards green energy is expected to boost the demand for fuse holders in the global market during the forecast period. 

The Fuse Holder market is experiencing significant growth due to increasing demand for electrical components in various industries. Fuse supplies and holders are essential for protecting electrical circuits from overcurrent. Fossil fuels and renewable energy sources are driving the demand for these products. Fuse types include automatic, manual, and time-delay. Producers are focusing on cost-effective production and improving product durability. The market is competitive with key players offering a wide range of products. Customers look for reliable, efficient, and cost-effective solutions. The future of the fuse holder market lies in advanced technologies like smart fuses and IoT integration. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         The global economic instability, particularly in regions with significant OEM presence for electrical and electronic devices, reduces credit availability and raises interest rates. This increase in manufacturing costs leads to higher product prices, potentially decreasing market demand and negatively impacting net sales revenue for vendors. Foreign exchange market fluctuations also affect imports and exports, reducing profit margins for global market players in the fuse holder industry. Economic downturns in key markets like China, Brazil, and Russia have caused delays and cancellations of projects, further impacting demand for fuse holders during the forecast period.

•         The Fuse Holder market faces several challenges in the current technology landscape. The use of complex components such as Fuses, Holder, Current Transformers, and Automatic Circuit Breakers necessitates a high level of precision and reliability. The need for cost-effective solutions while maintaining quality is a significant challenge. Additionally, the increasing demand for miniaturization and the integration of various technologies like EV Charging and Renewable Energy Systems add to the complexity. The requirement for compliance with various safety standards and regulations further complicates the market. Effective supply chain management and innovation in design and materials are essential to overcome these challenges and stay competitive in the Fuse Holder market.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This fuse holder market report extensively covers market segmentation by  

Type 1.1 Open fuse holder1.2 Fully enclosed fuse holderEnd-user 2.1 Power2.2 Automobile2.3 Electrical and electronicsGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Open fuse holder-  The global fuse holder market experiences significant growth due to its extensive usage in the electrical and electronics industry. With technology’s continuous advancement, the demand for fuse holders increases in various electronic devices like desktop PCs and TVs. Industrial applications, particularly in power and automotive sectors, require fuse holders to protect circuits and equipment from overcurrents. Infrastructure projects, such as building construction and transportation systems, also incorporate fuse holders into their electrical systems. The rising popularity of electronic devices in the consumer market further boosts the market’s expansion during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

In the upcoming years, the fuse holder market is anticipated to experience significant growth due to the rising need for enhanced safety and reliability in various applications, including automotive and telecommunications industries. High currents and overcurrent protection are primary factors driving the demand for fuse holders. Cartridge-type fuses, with their safety sheaths and cost-effective design, are increasingly preferred in automotive applications. The automotive sector’s transition towards emerging technologies, such as electric vehicles (EVs), autonomous vehicles, and wireless connectivity, will further boost the market’s growth. In telecom applications, the increasing number of telecom towers, cell phones, and communication towers necessitates the use of intelligent electrical solutions, which include advanced fuse blocks. The global demand for these solutions is expected to continue rising in the upcoming years.

Market Research Overview

The Fuse Holder market encompasses a variety of components designed to securely house and protect electrical fuses. These holders come in various types, including ceramic, glass, and cartridge types. They are essential in electrical systems to prevent overcurrent and ensure the safe operation of electrical circuits. Fuse holders are typically made of materials such as ceramic, glass, or plastic, and are available in different voltage ratings and current capacities. The market for fuse holders caters to various industries, including automotive, industrial, and consumer electronics, among others. The demand for fuse holders is driven by the increasing use of electrical systems in various applications and the need for reliable and safe electrical components.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeOpen Fuse HolderFully Enclosed Fuse HolderEnd-userPowerAutomobileElectrical And ElectronicsGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

National Center for Charter School Accountability Launches with Analysis of State Charter School Laws

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The National Center for Charter School Accountability provides research and recommendations on increasing transparency and accountability for charter schools.

NEW YORK, Sept. 23, 2024 /PRNewswire/ — The Network for Public Education (NPE) announces a new project, the National Center for Charter School Accountability (NCCSA), to provide research and recommendations on increasing transparency and accountability for charter schools. NPE is the leading organization that advocates revising state charter laws to make charter schools better align with the original vision of charter schools as teacher and parent-led schools of innovation that complement, not compete with, the public school system.

“The charter sector, now saturated with impersonal national chains and for-profit management corporations, has strayed far from the original mission of charter schools. A few states follow that vision; most do not. We regularly receive calls from charter school parents, teachers, and public school advocates raising concerns. The Center will educate the public with facts and provide information on how best to address concerns,” said Carol Burris, the Executive Director of NPE.

The Center includes a searchable database of news stories highlighting problems regarding charter schools. It also provides a portal where parents and taxpayers can submit questions and complaints. It also provides access to nine NPE research reports on charter schools, including reports on charter closures and for-profit-run charter schools.

In addition to research and reports, NCCSA evaluates state laws based on accountability, responsible growth, community input, and protections for students and taxpayers. An interactive map shows the number of open and closed charter schools in each state.

“The Center will grow over time, providing information unavailable on charter trade group sites. One million students have been displaced due to charter closures. In the age of choice, parents and taxpayers deserve the facts,” Burris added.

Commenting on the new project, NPE President Diane Ravitch noted, “NCCSA is a valuable resource for parents, taxpayers, policymakers, and the press who want to be informed about the status of charter schools. Accountability matters, and the Center will provide it via accurate and timely information.”

Access to NCCSA can be found here.

The Network for Public Education is a national advocacy organization with over 350,000 members and 200 grassroots groups. Its mission is to preserve, promote, improve, and strengthen public schools for current and future generations of students.

Contact: Carol Burris
cburris@networkforpubliceducation.org
(646) 678-4477

View original content:https://www.prnewswire.com/news-releases/national-center-for-charter-school-accountability-launches-with-analysis-of-state-charter-school-laws-302256096.html

SOURCE Network for Public Education

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Vermont State Dental Society, University of Detroit Mercy, Sanders, and Welch Announce Historic Effort to Advance Dental Care and Education Across State

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BURLINGTON, Vt., Sept. 23, 2024 /PRNewswire/ — The Vermont State Dental Society (VSDS), University of Detroit Mercy (UDM), Senator Bernie Sanders, and Senator Peter Welch are partnering to bring an innovative Dental Oral Health Education Center to Vermont in Fall 2027. This new dental clinic and education program would bring UDM students to Vermont to complete their final years of training – strengthening the dental care provider pipeline and expanding access to much-needed care across the state.

At a recent press conference, VSDS, UDM, Sanders, and Welch celebrated the program receiving its accreditation from the Commission of Dental Accreditation (CODA) – an essential step in establishing the teaching program in Vermont.

Sanders and Welch are working to secure $4.6 million in federal funding through the FY25 Congressionally Directed Spending process to support this historic initiative. The funding was recently approved by the Appropriations Committee and needs to be passed by the House and the Senate before being signed into law by President Biden.

The tentative location for the new center will be in Chittenden County.

VSDS, a nonprofit professional healthcare organization whose mission is to improve the oral health of Vermonters and to serve the profession of dentistry in the state, is pioneering the new institution with UDM as it brings more than 90 years of experience in educating dentists worldwide.

Beginning in the fall of 2025, this partnership will include two years of foundational and preclinical education at the UDM School of Dentistry Campus in Detroit, followed by two years of clinical and didactic education at a new dental clinic based in Colchester. The Detroit Mercy-Vermont dental program will offer DDS dental education in the state of Vermont, accredited by the Commission of Dental Accreditation (CODA).

University of Detroit Mercy-Vermont will house modern classrooms with on-site clinics to support its clinical education program and serve as a public health Medicaid clinic to provide dental care to qualifying individuals. Extending its reach beyond its Colchester facility, the new dental program will partner with clinical organizations in Vermont to reach areas with a shortage of dental health professionals and underserved populations.

As Vermont’s professional association for dentists, the VSDS works diligently to enhance the oral healthcare environment in the state. With just under 400 members, VSDS includes more than 80% of the state’s practicing dentists. VSDS provides resources, educational information, and support for its members and the public and advocates for public policies and systems to improve oral healthcare for all Vermonters.

University of Detroit Mercy is Michigan’s largest and most comprehensive independent Catholic university, sponsored by the Sisters of Mercy of the Americas and the Society of Jesus (the Jesuits). For more information, please visit www.udmercy.edu.

View original content:https://www.prnewswire.com/news-releases/vermont-state-dental-society-university-of-detroit-mercy-sanders-and-welch-announce-historic-effort-to-advance-dental-care-and-education-across-state-302256126.html

SOURCE University of Detroit Mercy

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eBay Announces Samantha Wellington as Senior Vice President, Chief Legal Officer, General Counsel and Secretary

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SAN JOSE, Calif., Sept. 23, 2024 /PRNewswire/ — eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today announced the appointment of Samantha Wellington as Senior Vice President, Chief Legal Officer, General Counsel and Secretary. In this role, Samantha will oversee all global aspects of eBay’s legal department, including Government Relations, intellectual property, employment, litigation, regulatory and corporate work across our financial services, marketplaces, and product and technology organizations. Samantha will report directly to Jamie Iannone, eBay’s Chief Executive Officer, and will join the company on October 7, 2024.

Samantha joins eBay with a distinguished career in legal and business affairs, most recently serving as TriNet’s Executive Vice President of Business Affairs, Chief Legal Officer, and Secretary. In this role, Samantha led a team of professionals across Legal, Compliance, Government Affairs, Customer Service, Sales, Operations, Product Management, Engineering, Technology, and Risk. Her leadership focused on spearheading initiatives that address the evolving workplace dynamics for TriNet’s customers, facilitating capital access for small business owners, and enhancing customer service experiences to support business growth. Prior to TriNet, she spent 12 years at Oracle, where she held a number of senior legal positions.

“Samantha has successfully led multifaceted teams and navigated complex legal and regulatory environments throughout her career,” said Jamie Iannone, Chief Executive Officer, eBay. “Samantha’s expertise will be invaluable as we continue to innovate and grow our global marketplace while ensuring we meet our legal and ethical responsibilities. Her passion for empowering small businesses aligns perfectly with eBay’s purpose, and I’m excited to welcome her to the team.”

“My parents started their business by selling skateboard parts at the open market in Sydney, so I have a deep appreciation for eBay’s role in empowering businesses of all sizes,” said Samantha Wellington. “As a longtime eBay user and collector, I am passionate about helping others unlock similar opportunities and connecting people with what they love.”

Samantha holds Bachelor’s Degrees in Creative Arts and Laws from Wollongong University, as well as a Master of Laws in Communication and Technology Law from the University of New South Wales. She has served as a board member for the National Association of Professional Employer Organizations and BSA, The Software Alliance.

Samantha replaces Marie Oh Huber, who left eBay in June after nine years as General Counsel. 

About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in San Jose, California, eBay is one of the world’s largest and most vibrant marketplaces for discovering great value and unique selection. In 2023, eBay enabled more than $73 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

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SOURCE eBay Inc.

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