Circuit Protection Market Expected to be Valued at CAGR of 7.1 % during 2017-2021 : Radiant Insights , Inc
“ These devices are installed to intentionally interrupt the electrical supply in the event of overcurrent , overvoltage , or overheating .”
About Circuit Protection
Circuit protection devices are used to protect the electrical equipment and the user in case of unexpected power fluctuations . These devices are installed to intentionally interrupt the electrical supply in the event of overcurrent , overvoltage , or overheating . Current and voltage fluctuations can reduce the product life of electrical and electronics equipment significantly , and the undue heat generated can cause fire and lead to human and property damage . The circuit protection devices are manufactured in compliance with safety and performance standards for electrical transmission and distribution networks and electrical equipment .
The global circuit protection market to grow at a CAGR of 7.1 % during the period 2017-2021 .
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