The circuit protection market size is expected to see strong growth in the next few years. It will grow to $93.95 billion in 2030 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to increase in smart protective devices, rising adoption of IoT-connected monitoring, expansion of automated surge and ESD protection, growth in digital twin and predictive analysis, increase in real-time circuit monitoring and management. Major trends in the forecast period include integration of AI-enabled circuit protection devices, deployment of IoT-connected monitoring systems, adoption of digital twin circuit analysis, implementation of smart grid compatible devices, expansion of automated overcurrent and overvoltage detection.
The increasing demand for smartphones, PCs, laptops, and tablets is anticipated to propel the growth of the circuit protection market. Circuit protection serves to shield devices from damage due to excessive current flow, which can occur in electronic devices like smartphones. By incorporating circuit protection, potential damage can be prevented. For example, in August 2025, according to uswitch Ltd., a UK-based service specializing in line comparison and switching, mobile phone usage in the UK in 2024 exceeded 66 million individuals, representing 96% of the population. Thus, the rising demand for smartphones, PCs, and tablets is driving the growth of the circuit protection market.
Key players in the circuit protection market are prioritizing the development of innovative solutions such as overcharge detection accuracy to enable precise battery management, prevent malfunctions, and improve overall safety and performance in electronic systems. Overcharge detection accuracy is defined as the ability of a system to accurately monitor and detect when a battery surpasses its safe voltage threshold, thereby preventing damage and ensuring safety. For example, in January 2025, ABLIC Inc., a Japan-based semiconductor company, introduced the S-19161 Series, a range of automotive battery monitoring ICs that deliver industry-leading precision with low current consumption. These ICs are engineered to comply with strict automotive safety standards, offering reliable performance in challenging environments while supporting the development of electric and hybrid vehicle battery systems.
In January 2025, LED Group, an Ireland-based global provider of lighting solutions, acquired ATC Group for an undisclosed sum. Through this acquisition, LED Group seeks to strengthen its technology portfolio and broaden its market presence by incorporating ATC Group’s innovative lighting and control solutions into its existing offerings, enabling the delivery of more advanced, efficient, and versatile lighting systems. ATC Group is a UK-based technology company specializing in lighting and control systems for commercial and industrial applications.
Major companies operating in the circuit protection market are ABB Ltd., Alstom SA, Bel Fuse Inc., Eaton Corporation plc, General Electric Company, Hitachi Ltd., Keko-Vericon Sp. z o.o., Larsen & Toubro Limited, Mitsubishi Electric Corporation, NXP Semiconductors N.V., ON Semiconductor Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens Aktiengesellschaft, Texas Instruments Incorporated, Altech Corporation Pty. Ltd., Automation Systems Interconnect Inc., Bourns Inc., Carling Technologies Inc., CBI-electric: low voltage (Pty) Ltd., CHINT Electric Co. Ltd., Cooper Bussmann LLC, Delta Electronics Inc., E-T-A Circuit Breakers GmbH, Fuji Electric Co. Ltd., Hager Group, Legrand SA, Leviton Manufacturing Co. Inc., Littelfuse Inc., Lovato Electric S.p.A., Mersen S.A., Phoenix Contact GmbH & Co. KG.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the circuit protection market by increasing costs for imported fuses, circuit breakers, ESD, and surge protection components. Automotive, electrical & electronics, and energy segments in North America, Europe, and Asia-Pacific are most affected due to reliance on imported precision devices. However, tariffs are driving local manufacturing, regional sourcing of components, and investment in R&D for advanced protection systems, improving supply chain resilience and accelerating innovation.
The circuit protection market research report is one of a series of new reports that provides circuit protection market statistics, including circuit protection industry global market size, regional shares, competitors with a circuit protection market share, detailed circuit protection market segments, market trends and opportunities, and any further data you may need to thrive in the circuit protection industry. This circuit protection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Circuit protection involves devices that detect current or voltage variations and safeguard a circuit from issues such as overcurrent or overvoltage. To ensure optimal security, a range of protective devices is available in the market, including fuses, circuit breakers, RCCBs (Residual Current Circuit Breakers), gas discharge tubes, thyristors, and others.
The primary categories of circuit protection include overcurrent protection, electrostatic discharge (ESD) protection, and overvoltage protection. Overcurrent protection is a method of controlling or interrupting current flow using hardware and various electrical components. Devices such as circuit breakers, fuses, ESD protection devices, and surge protection devices are utilized, catering to original equipment manufacturers (OEMs), retail, and wholesale markets. Circuit protection finds application across diverse end-user sectors such as automotive and transportation, electrical and electronics, energy, construction, industrial, and others.North America was the largest region in the circuit protection market in 2025. The regions covered in the circuit protection market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the circuit protection market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The circuit protection market consists of sales of fuse, circuit breaker, polyswitch, RCCB, metal oxide varistor, and gas discharge tube. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Circuit Protection Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses circuit protection market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for circuit protection? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The circuit protection market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Type: Overcurrent Protection; Electrostatic Discharge (ESD) Protection; Overvoltage Protection2) By Device: Circuit Breakers; Fuses; ESD Protection Devices; Surge Protection Devices
3) By Channel Outlook: Original Equipment Manufacturer (OEM); Retail; Wholesale
4) By End-User: Automotive And Transportation; Electrical And Electronics; Energy; Construction; Industrial; Other End Users
Subsegments:
1) By Overcurrent Protection: Fuses; Circuit Breakers; Resettable Fuses (PTC)2) By Electrostatic Discharge (ESD) Protection: ESD Suppressors; ESD Protection Diodes; ESD Protection ICs
3) By Overvoltage Protection: Surge Protective Devices (SPDs); Transient Voltage Suppressors (TVS); Voltage Clamping Device
Companies Mentioned: ABB Ltd.; Alstom SA; Bel Fuse Inc.; Eaton Corporation plc; General Electric Company; Hitachi Ltd.; Keko-Vericon Sp. z o.o.; Larsen & Toubro Limited; Mitsubishi Electric Corporation; NXP Semiconductors N.V.; ON Semiconductor Corporation; Rockwell Automation Inc.; Schneider Electric SE; Siemens Aktiengesellschaft; Texas Instruments Incorporated; Altech Corporation Pty. Ltd.; Automation Systems Interconnect Inc.; Bourns Inc.; Carling Technologies Inc.; CBI-electric: low voltage (Pty) Ltd.; CHINT Electric Co. Ltd.; Cooper Bussmann LLC; Delta Electronics Inc.; E-T-A Circuit Breakers GmbH; Fuji Electric Co. Ltd.; Hager Group; Legrand SA; Leviton Manufacturing Co. Inc.; Littelfuse Inc.; Lovato Electric S.p.A.; Mersen S.A.; Phoenix Contact GmbH & Co. KG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Circuit Protection market report include:- ABB Ltd.
- Alstom SA
- Bel Fuse Inc.
- Eaton Corporation plc
- General Electric Company
- Hitachi Ltd.
- Keko-Vericon Sp. z o.o.
- Larsen & Toubro Limited
- Mitsubishi Electric Corporation
- NXP Semiconductors N.V.
- ON Semiconductor Corporation
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens Aktiengesellschaft
- Texas Instruments Incorporated
- Altech Corporation Pty. Ltd.
- Automation Systems Interconnect Inc.
- Bourns Inc.
- Carling Technologies Inc.
- CBI-electric: low voltage (Pty) Ltd.
- CHINT Electric Co. Ltd.
- Cooper Bussmann LLC
- Delta Electronics Inc.
- E-T-A Circuit Breakers GmbH
- Fuji Electric Co. Ltd.
- Hager Group
- Legrand SA
- Leviton Manufacturing Co. Inc.
- Littelfuse Inc.
- Lovato Electric S.p.A.
- Mersen S.A.
- Phoenix Contact GmbH & Co. KG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 64.43 Billion |
| Forecasted Market Value ( USD | $ 93.95 Billion |
| Compound Annual Growth Rate | 9.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 33 |


