eFuse Market is Projected to Reach $881 million by 2035 with a CAGR of 4.6% from 2030, says MarketsandMarkets™ [Yahoo! Finance]
Analog Devices, Inc. (ADI)
Last analog devices, inc. earnings: 2/19 08:00 am
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Source: Yahoo! Finance
Further, market is projected to reach USD 881 million by 2035, at a CAGR of 4.6% from 2030-2035., as per the recent study by MarketsandMarkets™. The increase in electronic integration in a variety of industries is the main factor driving the eFuse Market's demand. Strong circuit protection is required in the automotive and transportation industries as more and more cars become electric and smart. eFuses are necessary for aerospace applications because to their accuracy and dependability in crucial systems. With the increasing number of smart gadgets, consumer electronics require safety solutions that are both small and effective. Precise current regulation is necessary since healthcare is relying more and more on electronic equipment for diagnosis and treatment. Finally, the need for eFuses to protect against power anomalies is driven by the IT and telecommunications infrastructure, which facilitates huge data flow and connectivity and drives market demand among these heterogeneous
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Sec Filings
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