eFuse Market to Hit US$3.3 Billion Valuation by 2031, TMR Study Says

ALBANY, NY, January 13, 2022 /PRNewswire/ — TMR analysts estimate that the eFuse market is expected to grow at a CAGR of 3.5% during the forecast period. Growing demand for eFuse from consumer electronics and power supply equipment is one of the major factors fueling the growth of the eFuse market.

The increasing use of eFuse ICs in consumer electronics devices such as smartphones/tablets, NBPCs, portable devices, SSDs/HDDs, telecom switches and hot-swappable boards is creating many opportunities in the eFuse market. . A multitude of advantages of eFuse over conventional thermal fuses are driving their adoption for electronics and power equipment.

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Rising demand for cloud computing technologies that are highly dependent on electronic devices is creating new growth frontiers in the eFuse market. Extensive use of cloud applications such as Salesforce or Google Gmail, streaming media such as Netflix, and cloud file storage such as Dropbox is driving the fuse market for solid state semiconductor devices.

efuse exhibits several design and functional properties. Efuse’s design supports minimum system downtime requirements during any temporary abnormal events such as short circuit and overload conditions for consumer electronics. The use of eFuse is to provide protection to handle overload, short circuit, inrush and overvoltage events and to protect sensitive loads for reliable system operation.

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eFuse Market – Key Findings of the Report

  • Concerns over chip shortages are a wake-up call for semiconductor industry players to boost their local production and minimize their reliance on manufacturing hubs such as China for raw materials
  • Sales Chart eFuse Market to Leverage Stakeholder Efforts to Leverage Revenue Opportunities in Healthcare, Consumer Electronics, IT & Telecom Industries
  • eFuse Marketplace Companies Measure Industry Vulnerability to Assess Debt Recovery Risk
  • The increasing use of fuses in automotive components such as ABS boards, engine control units, navigation systems, audio systems and security systems is fueling the growth of electronic fuses market
  • The growth plot of the eFuse market is expected to increase with the increase in applications in next-generation devices such as robot cleaners and cordless power tools
  • eFuses manufacturers are increasing their production capacity to capitalize on their demand due to shortcomings of cut-off current uncertainty, slow fusing time and the need to replace conventional fuses
  • Role of certain countries in Asia Pacific for the development of the electronics industry is fueling the growth of the fuses market in the region. For example, a recent government program to India to boost electronics manufacturing in the country is expected to fuel the demand for semiconductor integrated circuits and hence electronic fuses in the coming years.

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eFuse Market – Growth Drivers

  • Excessive penetration of digital technologies and growing adoption of cloud computing applications for data storage, media streaming and communication are propelling the eFuse market
  • The advantages of eFuse over conventional thermal fuses driving their adoption for electronics and power equipment strengthen the market for eFuse

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eFuse Market – Key Players

Some of the Major Players Operating in the eFuse Market are:

Analog Devices Inc.

  • Microsemi Corporation
  • Qorvo Inc.
  • Texas Instruments Incorporated
  • Built-in diodes
  • About Semiconductor Corporation
  • STMicroelectronics SA
  • Toshiba Electronic Devices & Storage Corporation

The eFuse market is segmented as follows;

eFuse Market, By Type

  • Latched Type Electronic Fuse
  • eFuse automatic attempt type

eFuse Market, By Package Type

  • Small outline without lead (SON)
  • Double dish without threads (DFN)
  • Quad Flat Lead Free (QFN)
  • Small Thin and Retractable Outline Package (TSSOP)
  • Others (chip scale package [CSP[, Ceramic Flat-pack [CFP], etc)

eFuse Market, By Application

  • Solid State Drives
  • HDDs
  • Servers and data center equipment
  • Automotive electronics
  • Others (power tools, monitoring equipment, networking, etc.)

eFuse Market, By End-Use Industry

  • Automotive and transportation
  • Aerospace and Defense
  • Consumer electronics
  • Health care
  • IT & Telecommunications
  • Others (Manufacturing, Agriculture, etc.)

eFuse Market, By Region

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (SOUL)
  • South America

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Transparency Market Research is a global market intelligence company, providing global market intelligence reports and services. Our proprietary blend of quantitative forecasting and trend analysis delivers forward-looking insights to thousands of decision makers. Our experienced team of analysts, researchers and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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