What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

Electric Fuse Market by Voltage (Low, Medium), Type (Distribution Cutouts, Power Fuse and Fuse Link, Cartridge and Plug Fuse), End-User (Industrial, Commercial, Residential, Transportation, Utilities), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028

Publish Date: May, 2021
Report ID: 419434
Category: Electronics
Pages: 229

$4700

The electric fuse market is expected to grow from USD 3.3 billion in 2020 to USD 5.1 billion by 2028, at a CAGR of 5.6% during the forecast period 2021-2028.

Fuse is an electrical component, which is used as a safety device to limit the current fluctuation in an electric circuit. The electric fuse melts and breaks the electric circuit when there is an unnecessary rise in the current flow. The main purpose of the electric fuse is to safeguard the electric circuit and the appliances connected to it from being damaged from the sudden short circuits and voltage fluctuations in the current. The automotive applications and industries mostly use container-type fuses. According to the insulating property, the base material for the fuse is chosen.

The factors that are driving the market are rising investments in infrastructure plans of T&D, growing investments in energy storage & renewables, telecommunications and automotive, increasing investments in the construction sector, and a rise in demand for automotive electronics. The factors that are restraining the market are rising demand for replacements such as relays, miniature circuit breakers (MCBs), molded case circuit breakers (MCCBs), earth leakage circuit breakers (ELCB), rising funds in smart grid vision and surge in raw materials price.

This study delivers a comprehensive analysis of voltage, type, end-user and region. The voltage segment includes low and medium voltages. The medium voltage segment holds the largest share owing to its increased use for motor circuit protection, current limiting function and protection from default current. The type segment includes distribution cutouts, power fuse and fuses link and cartridge and plug fuse. The power fuse and fuse link segment holds the largest market share in the market owing to low refilling cost and is best coordinated with distribution networks and transformers. The end-user segment includes industrial, commercial, residential, transportation and utilities. The market has been divided into North America, South America, Europe, Asia-Pacific, and Middle East & Africa.Asia-Pacific holds the largest market share in China and India. The growth of the Asia-Pacific region is attributed to growing urbanization and industrialization in emerging economies. The Middle East & Africa is expected to witness significant growth, owing to huge investments to develop electricity infrastructure in the rural areas. With the help of the rising grid investments in 2020, especially in emerging and developing economies, the market of the Asia-Pacific region is anticipated to grow further in the forecast period.

Some of the notable players in the electric fuse market are Siemens, Legrand, G&W Electric Company, Hubbell, Schneider Electric, Mersen, S&C Electric Company, Schurter, Littelfuse, ABB, Bel Fuse Inc., Eaton and others.

Electric Fuse Market Analysis and Forecast, Voltage

Low
Medium

Electric Fuse Market Analysis and Forecast, Type

Distribution Cutouts
Power Fuse and Fuse Link
Cartridge and Plug Fuse

Electric Fuse Market Analysis And Forecast, End-User

Industrial
Commercial
Residential
Transportation
Utilities

Electric Fuse Market Analysis and Forecast, Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Sweden
- Netherland
- U.K.
- Italy
- Spain
- Turkey
- Switzerland
- Belgium
- Rest Of Europe
Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest Of APAC
South America
- Brazil
- Argentina
- Peru
- Colombia
- Rest Of South America
Middle East And Africa
- UAE
- Saudi Arabia
- Egypt
- Nigeria
- South Africa
- Rest Of MEA

Report Description:

The base year for the study has been considered 2020, historic year 2018 and 2019, the forecast period considered is from 2021 to 2028.
The study delivers a comprehensive analysis of the global market for all segments and region
The report offers an in-depth analysis of driving factors, opportunities and restraints for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2021 to 2028.
Porter's Five Forces model is used in order to recognize the competitive scenario in the market. This report incorporates the industry analysis, which is focused on providing an extensive view of the market.
The study also includes attractiveness analysis of all segments and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

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1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Voltage
          4.3.2. Market Attractiveness Analysis By Type
          4.3.3. Market Attractiveness Analysis By End-user
          4.3.4. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Rising Electrification in Fast Developing Countries
          5.2.2. Growing Investments in Grid Integration and Renewal Sources
    5.3. Restrains
          5.3.1. Fluctuation in the Price of Raw Materials
    5.4. Opportunities
          5.4.1. Upgrading of existing substations and feeder line protection
6. Global Electric Fuse Market Analysis and Forecast, By Voltage
    6.1. Segment Overview
    6.2. Low
    6.3. Medium
7. Global Electric Fuse Market Analysis and Forecast, By Type
    7.1. Segment Overview
    7.2. Distribution Cutouts
    7.3. Power Fuse and Fuse Link
    7.4. Cartridge and Plug Fuse
8. Global Electric Fuse MarketAnalysis and Forecast, By End-user
    8.1. Segment Overview
    8.2. Industrial
    8.3. Commercial
    8.4. Residential
    8.5. Transportation
    8.6. Utilities
9. Global Electric Fuse MarketAnalysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa
10. Global Electric Fuse Market Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in Global Electric Fuse Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions
11. Company Profiles
    11.1. Siemens
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Legrand
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. G&W Electric Company
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Hubbell
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Schneider Electric
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Mersen
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. S&C Electric Company
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Schurter
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Littelfuse
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. ABB
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis
    11.11. Bel Fuse Inc.
          11.11.1. Business Overview
          11.11.2. Company Snapshot
          11.11.3. Company Market Share Analysis
          11.11.4. Company Product Portfolio
          11.11.5. Recent Developments
          11.11.6. SWOT Analysis
    11.12. Eaton
          11.12.1. Business Overview
          11.12.2. Company Snapshot
          11.12.3. Company Market Share Analysis
          11.12.4. Company Product Portfolio
          11.12.5. Recent Developments
          11.12.6. SWOT Analysis

List of Table

1. Global Electric Fuse Market, By Voltage, 2021-2028 (USD Billion)

2. Global Low, Electric Fuse Market, By Region, 2021-2028(USD Billion)

3. Global Medium, Electric Fuse Market, By Region, 2021-2028(USD Billion)

4. Global Electric Fuse Market, By Type, 2021-2028(USD Billion)

5. Global Distribution Cutouts, Electric Fuse Market, By Region, 2021-2028(USD Billion)

6. Global Power Fuse and Fuse Link, Electric Fuse Market, By Region, 2021-2028(USD Billion)

7. Global Cartridge and Plug Fuse , Electric Fuse Market, By Region, 2021-2028(USD Billion)

8. Global Electric Fuse Market, By End-user, 2021-2028(USD Billion)

9. Global Industrial, Electric Fuse Market, By Region, 2021-2028(USD Billion)

10. Global Commercial, Electric Fuse Market, By Region, 2021-2028(USD Billion)

11. GlobalResidential, Electric Fuse Market, By Region, 2021-2028(USD Billion)

12. Global Transportation, Electric Fuse Market, By Region, 2021-2028(USD Billion)

13. Global Utilities, Electric Fuse Market, By Region, 2021-2028(USD Billion)

14. North America Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

15. North America Electric Fuse Market, By Type, 2021-2028(USD Billion)

16. North America Electric Fuse Market, By End-user, 2021-2028(USD Billion)

17. U.S. Electric Fuse Market, ByVoltage, 2021-2028(USD Billion)

18. U.S. Electric Fuse Market, By Type, 2021-2028(USD Billion)

19. U.S. Electric Fuse Market, ByEnd-user, 2021-2028(USD Billion)

20. Canada Electric Fuse Market, ByVoltage, 2021-2028(USD Billion)

21. Canada Electric Fuse Market, ByType, 2021-2028(USD Billion)

22. Canada Electric Fuse Market, ByEnd-user, 2021-2028(USD Billion)

23. Mexico Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

24. Mexico Electric Fuse Market, By Type, 2021-2028(USD Billion)

25. Mexico Electric Fuse Market, By End-user, 2021-2028(USD Billion)

26. Europe Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

27. Europe Electric Fuse Market, By Type, 2021-2028(USD Billion)

28. Europe Electric Fuse Market, By End-user, 2021-2028(USD Billion)

29. Germany Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

30. Germany Electric Fuse Market, By Type, 2021-2028(USD Billion)

31. Germany Electric Fuse Market, By End-user, 2021-2028(USD Billion)

32. France Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

33. France Electric Fuse Market, By Type, 2021-2028(USD Billion)

34. France Electric Fuse Market, By End-user, 2021-2028(USD Billion)

35. U.K. Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

36. U.K. Electric Fuse Market, By Type, 2021-2028(USD Billion)

37. U.K. Electric Fuse Market, By End-user, 2021-2028(USD Billion)

38. Italy Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

39. Italy Electric Fuse Market, By Type, 2021-2028(USD Billion)

40. Italy Electric Fuse Market, By End-user, 2021-2028(USD Billion)

41. Spain Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

42. Spain Electric Fuse Market, By End-user, 2021-2028(USD Billion)

43. Spain Electric Fuse Market, By Vertical, 2021-2028(USD Billion)

44. Asia Pacific Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

45. Asia Pacific Electric Fuse Market, By Type, 2021-2028(USD Billion)

46. Asia Pacific Electric Fuse Market, By End-user, 2021-2028(USD Billion)

47. Japan Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

48. Japan Electric Fuse Market, By Type, 2021-2028(USD Billion)

49. Japan Electric Fuse Market, By End-user, 2021-2028(USD Billion)

50. China Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

51. China Electric Fuse Market, By Type, 2021-2028(USD Billion)

52. China Electric Fuse Market, By End-user, 2021-2028(USD Billion)

53. India Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

54. India Electric Fuse Market, By Type, 2021-2028(USD Billion)

55. India Electric Fuse Market, By End-user, 2021-2028(USD Billion)

56. South America Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

57. South America Electric Fuse Market, By Type, 2021-2028(USD Billion)

58. South America Electric Fuse Market, By End-user, 2021-2028(USD Billion)

59. Brazil Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

60. Brazil Electric Fuse Market, By Type, 2021-2028(USD Billion)

61. Brazil Electric Fuse Market, By End-user, 2021-2028(USD Billion)

62. Middle East and Africa Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

63. Middle East and Africa Electric Fuse Market, By Type, 2021-2028(USD Billion)

64. Middle East and Africa Electric Fuse Market, By End-user, 2021-2028(USD Billion)

65. UAE Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

66. UAE Electric Fuse Market, By Type, 2021-2028(USD Billion)

67. UAE Electric Fuse Market, By End-user, 2021-2028(USD Billion)

68. South Africa Electric Fuse Market, By Voltage, 2021-2028(USD Billion)

69. South Africa Electric Fuse Market, By Type, 2021-2028(USD Billion)

70. South Africa Electric Fuse Market, By End-user, 2021-2028(USD Billion)

List of Figures

1. Global Electric Fuse MarketSegmentation

2. Global Electric Fuse Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis

7. Value Chain Analysis

8. Global Electric Fuse MarketAttractiveness Analysis By Voltage

9. Global Electric Fuse MarketAttractiveness Analysis ByType

10. Global Electric Fuse MarketAttractiveness Analysis ByEnd-user

11. Global Electric Fuse MarketAttractiveness Analysis By Region

12. Global Electric Fuse Market: Dynamics

13. Global Electric Fuse MarketShare by Voltage(2021 & 2028)

14. Global Electric Fuse MarketShare by Type(2021 & 2028)

15. Global Electric Fuse MarketShare by End-user(2021 & 2028)

16. Global Electric Fuse MarketShare by Regions (2021 & 2028)

17. Global Electric Fuse MarketShare by Company (2020)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!