Global inrush current limiter market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn
by 2027, at a CAGR of ~9% during the forecast period.
Global Inrush Current Limiter Market
To know about the Research Methodology :- Request Free Sample Report
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of
market leaders, market followers, and market disrupters in the report and the same is reflected in
Global inrush current limiter market Definition
An inrush current limiter is an electronic component that is used to restrict inrush current occurred
in electronics devices at turn on situation. The basic use of inrush current limiter is to avoid expected
breakdown of the devices and to shun tripping circuit breakers or blowing fuses.
Global inrush current limiter market Dynamics
Nowadays, a variety of applications such as industrial power tools, machineries and many other
equipment with high current, use inrush current limiter component as a most significant design tool
to avoid the problematical situations of inrush current, which is major driving factor behind the
growth of market. A surge in the adoption of inrush current limiter for applications such as
transformers, motors, amplifiers, switched mode power supplies, colour television sets, monitors
and many other electronics devices, increasing demand from power generation industry and
growing adoption of current limiter in industrial applications are expected to improve growth of
market during the forecast period. Inrush current limiter provides some benefits such as switch
protection, prevention of fuses from potential errors and reduced line-current distortion, which are
further likely to drive the market growth. However, availability of alternative current limiting
components is major restraining factor that could hamper the growth of the market.
Global Inrush Current Limiter Market: Segmentation Analysis
By type, the negative temperature coefficient (NTC)