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According to a research report "eFuse Market Type (Auto Retry, Latched), Package Type (Small Outline No Lead, Dual Flat No Leads, Quad Flat No Leads, Think Shrink Small Outline Package), Application, End User, & Region - Forecast to 2035" published by MarketsandMarkets, the eFuse market is projected to reach USD 674 million by 2029 from an estimated USD 557 million in 2024, at a CAGR of 3.9% during the forecast period.

According to a research report "eFuse Market Type (Auto Retry, Latched), Package Type (Small Outline No Lead, Dual Flat No Leads, Quad Flat No Leads, Think Shrink Small Outline Package), Application, End User, & Region - Forecast to 2035″ published by MarketsandMarkets, the eFuse market is projected to reach USD 674 million by 2029 from an estimated USD 557 million in 2024, at a CAGR of 3.9% during the forecast period.

The eFuse market is served by a mix of large international players with global operational presence and local players with a strong domestic supply network. Analog Devices, Inc. (US), STMicroelectronics (Switzerland), Monolithic Power Systems, Inc. (US), Microchip Technology (US) and Qorvo, Inc. (US) are the market leaders in the eFuse market. These companies use strategies such as acquisitions, sales contracts, product launches, partnerships to increase their market share.

eFuse Market is expected to grow from USD 538 million in 2023 to USD 703 million by 2030. 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™.