North America 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 North America Thermal Protector Market would witness market growth of 4.0% CAGR during the forecast period (2022-2028).
Once the motor cools to a safe working temperature, thermal protections typically reset themselves. On the wiring end of the motor, typically but not always opposite the motor shaft, is a clearly visible red button. This button must be pressed to restart and reset the motor on such motors. Other motors that lack a reset button perform the reset as the motor cools. Although it is uncomfortable to have a motor cut off because it triggered a thermal limit device, this is undoubtedly preferable to having to change a motor because it overheated.
Additionally, the shutdown can notify customers of issues with the load linked to the motor, the associated devices, or the motor itself. When a motor struggles to start or overheats while running, it can be past the point of repair and needs to be replaced. However, the motor is frequently not at all to blame. For instance, a load coupled to the motor may be blocked, resulting in an excessive load that raises the motor's temperature. In addition to the heat produced by the components themselves, environmental variables can contribute to an increase in power supply temperature. Depending on the design, power capacity, and load, different power supplies generate different amounts of heat.
The consumption of energy is significantly rising in developed regional countries, such as the United States. Nearly all of the utility-scale electricity generated in the United States in 2021, approximately 96% of it was sold to other industries. Because they utilize primary energy and electricity generated by the electric power sector, the transportation, commercial, industrial, and residential sectors are referred to as end-use sectors. The primary energy used, purchased electricity, energy system losses (such as energy conversion and other losses related to the production, transmission, or distribution of purchased electricity), and other energy losses all contribute to the end-use sectors' total energy consumption.
The US market dominated the North America Thermal Protector Market by Country in 2021; thereby, achieving a market value of $15.7 Million by 2028. The Canada market is estimated to grow at a CAGR of 6.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.5% during (2022 - 2028).
Based on Application, the market is segmented into Motor, Compressor, Transformer and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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:
- Rest of North America
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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