eFuse Market to Reach Valuation of US$ 3.3 Bn by 2031, Finds TMR Study

eFuse Market to Reach Valuation of US$ 3.3 Bn by 2031, Finds TMR Study

PR Newswire

ALBANY, N.Y., Jan. 13, 2022

- Functional properties of eFuse to work as a circuit protection device for electrical and electronic systems, and its ability to repair itself in the event of fluctuation stimulates adoption

- Role of the Government of India for the development of the electronics industry catalyzes demand for ICs, and consequently eFuses

ALBANY, N.Y., Jan. 13, 2022 /PRNewswire/ -- Analysts at TMR estimate the eFuse market to grow at a CAGR of 3.5% during the forecast period. The expanding demand for eFuse from consumer electronics and power supply equipment are some of the key factors fueling the growth of eFuse market.

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The increasing use of eFuse ICs in consumer electronics devices such as smartphones/tablets, NBPC, wearable devices, SSD/HDD, telecom switches, and hot-swap boards is creating ample opportunities in the eFuse market. A slew of advantages of eFuse over conventional thermal fuses favor their adoption for electronics and power supply equipment.

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The growing demand for cloud computing technologies that heavily rely on electronic devices creates new growth frontiers in the eFuse market. The extensive use of cloud applications such as Salesforce or Google Gmail, streaming media such as Netflix, and cloud file storage such as Dropbox stimulates the efuse market for solid-state semiconductor devices.

efuse features several design and functional properties. The design of efuse supports minimal system downtime requirement during any temporary abnormal events such as short-circuit and overload conditions for consumer electronics. The use of eFuse serves to offer protection to manage overload, short circuit, inrush, and overvoltage events and to guard the sensitive loads for reliable system functioning.

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eFuse Market – Key Findings of Report

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eFuse Market – Growth Drivers

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eFuse Market – Key Players

Some of the key players operating in the eFuse market are:

·  Analog Devices Inc.

The eFuse market is segmented as follows;

eFuse Market, by Type

eFuse Market, by Package Type

eFuse Market, by Application

eFuse Market, by End-use Industry

eFuse Market, by Region

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