Electrical Fuses Market Driven by the Rising Demand for Electricity and Efficient Power Delivery Systems
The presence of both established and local players has spurred intensive price-based competition in the North America electrical fuses market. As per a new study by Transparency Market Research (TMR), Siemens AG, Schneider Electric SA, ABB Ltd., and General Electric Company cumulatively held more than 75% of the electrical fuses market in North America in 2015. Of these, Siemens AG held the leading share of 30.2% in the market in the same year.
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