LAMEA Thermal Protector Market Size, Share & Industry Trends Analysis Report By Application (Motor, Compressor, Transformer and Others), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Thermal Protector Market would witness market growth of 6.6% CAGR during the forecast period (2022-2028).
Electrically connected in series with the circuit, thermal protectors make use of a bimetallic strip. The bimetallic strip briefly swells due to the heat produced by the current throughout an overload, tripping the breaker. The primary ON/OFF switch for the device being protected can likewise be used with thermal shields. Thermal circuit breakers are distinguished by their adaptability and come in lighted or non-lighted, rocker or push-to-reset actuator variants with UL and other approvals. Common uses include on/off-highway, telecom, marine, power strips and supply, audio-visual, medical, and fitness equipment. Other common uses include domestic and commercial appliances.
Thermal protectors are typically made of metal, such as copper, aluminum, or silver. Due to their high melting point along with low manufacturing costs, these materials are favored. Since copper has the maximum electrical resistance of any metal, prolonged exposure to air does not cause it to corrode easily. Aluminum is a superb heat conductor, making it the material of choice for usage in hot conditions. In addition to safeguarding sensitive equipment from excessive temperatures, silver also has a low impedance to electrical current. This property gives it an added advantage.
There is a lack of appropriate infrastructure that is required in order to supply energy to all homes and industries in various African countries. Due to the rising demand for protection from overheating from a variety of industries, including the production of food and beverages, chemicals, petrochemicals, and metals in nations like Brazil and Argentina, the thermal protector market in Latin America is anticipated to expand at a very rapid pace in the coming years.
The Brazil market dominated the LAMEA Thermal Protector Market by Country in 2021; thereby, achieving a market value of $1.2 Million by 2028. The Argentina market is estimated to witness CAGR of 7.2% during (2022 - 2028). Additionally, The UAE market would exhibit CAGR of 6.3% during (2022 - 2028).
Based on Application, the market is segmented into Motor, Compressor, Transformer and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Thermal Protector Market is Predict to reach $80.8 Million by 2028, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sensata Technologies Holdings PLC, Haier Smart Home Co., Ltd. (Haier Group Corporation), Changshu Tianyin electromechanical Co., Ltd., Portage Electric Products, Inc., Guangzhou Senbao Electrical Appliances Co., Ltd., Thermtrol Corporation, Calco Electric Corp., Dongguan Hen Hao Electric Co., Ltd., Jiangsu Changsheng Electric Appliance Co., Ltd., Seki Controls Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Sensata Technologies Holdings PLC
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- Changshu Tianyin electromechanical Co., Ltd.
- Portage Electric Products, Inc.
- Guangzhou Senbao Electrical Appliances Co., Ltd.
- Thermtrol Corporation
- Calco Electric Corp.
- Dongguan Hen Hao Electric Co., Ltd.
- Jiangsu Changsheng Electric Appliance Co., Ltd.
- Seki Controls Co., Ltd.
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