Inrush Current Limiter Market by Type (Negative Temperature Coefficient Thermistor, Positive Temperature Coefficient Thermistor, Others), by End-User (Automotive, Consumer Electronics, Industrial Machinery, Energy, Information, Communication Technology, Healthcare, Others), Forecast 2024-2032
The Inrush Current Limiter Market size was valued at USD 1.24 USD Billion in 2023 and is projected to reach USD 1.81 USD Billion by 2032, exhibiting a CAGR of 5.58 % during the forecast period. An inrush current limiter (ICL) is a limiting device which protects electrical equipment from the high surge of electronic current even when it is first powered on thus ensuring that its elements are not damaged. Examples are: volume power supplies, motors, transformers, and lighting systems. Thermistors, inductors, resistors and electronic circuitry constitute the primary ICL elements. The merits of ICLs include increased equipment lifespan, reduced electromagnetic interference as well as improved the whole system reliability. Smart, efficient ICLs have a new focus, with advanced material and digital controls that allow them to manage various loading conditions and plug into the modern electronics.
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The report offers an exhaustive analysis of the inrush current limiter market, including detailed segmentation, competitive landscape, regional outlook, industry trends, and growth drivers.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.58% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.58% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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