Amid the COVID-19 crisis and the looming economic recession, the Fuses and Circuit Breakers market worldwide will grow by a projected US$7.1 Billion, during the analysis period
NEW YORK, June 4, 2020 /PRNewswire/ --Amid the COVID-19 crisis and the looming economic recession, the Fuses and Circuit Breakers market worldwide will grow by a projected US$7.1 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 5.2%.
- NEW YORK, June 4, 2020 /PRNewswire/ --Amid the COVID-19 crisis and the looming economic recession, the Fuses and Circuit Breakers market worldwide will grow by a projected US$7.1 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 5.2%.
- The Circuit Breakers market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned.
- In Japan, the Circuit Breakers segment will reach a market size of US$956.2 Million by the close of the analysis period.
- Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Fuses and Circuit Breakers market.