Fuses & Circuit Breakers

Fuses & Circuit Breakers with forecasts to 2005 and 2010 New study finds: US demand for fuses and circuit breakers is projected to increase 4.5 percent per annum to $4.3 billion in 2005 Among the principal product types, electronic fuses and power circuit breakers are expected to exhibit the best growth through 2005 The eight leading producers -- Eaton, General Electric, Cooper Industries, Littelfuse, Schneider Electric (via Square D), Tyco, ABB and Carbone-Lorraine (via Ferraz Shawmut) -- accounted for more than 60 percent of total demand in 2000

Freedonia Industry Study #1420 Fuses & Circuit Breakers Study Publication Date: May 2001 Price: $3,600 Pages: 225 Fuses & Circuit Breakers, a new study from The Freedonia Group, provides you with an in-depth analysis of major trends in the industry and the outlook for product segments and major markets -- critical information to help you with strategic planning. This brochure gives you an indication of the scope, depth and value of Freedonia's new study, Fuses & Circuit Breakers. Ordering information is included on the back page of the brochure. Brochure Table of Contents Study Highlights... 2 Table of Contents and List of Tables and Charts... 4 Sample Pages and Sample Tables from: Market Environment and Technology... 6 Products... 7 Markets... 8 Industry Structure... 9 Company Profiles... 10 List of Companies Profiled... 11 Forecasting Methodology... 12 About the Company... 13 Advantages of Freedonia Reports... 13 About Our Customers... 14 Other Titles From Freedonia... 15 Ordering Information... 16

Study Highlights US demand for fuses and circuit breakers is projected to increase 4.5 percent per annum to $4.3 billion in 2005. Aftermarket prospects are favorable in most segments, as the robust OEM demand environment prevailing over most of the 1990s has in effect broadened the market for replacement products. Domestic producers will continue to face intense competition from foreign suppliers based both in developed and developing countries and will respond to this competition by continuing to move some final assembly operations to lower labor cost countries. Among the principal product types, electronic fuses and power circuit breakers are expected to exhibit the best growth through 2005. The largest and most traditional markets are found within the construction, electric power generation and industrial machinery manufacturing industries. * Excluded from the scope of this study are complementary circuit protection devices such as electrostatic discharge devices, transient voltage surge supression equipment, varistors, etc., although several of these products are discussed in the technology section to provide a more complete understanding of circuit protection in general terms. The eight leading producers -- Eaton, General Electric, Cooper Industries, Littelfuse, Schneider Electric (via Square D), Tyco, ABB and Carbone- Lorraine (via Ferraz Shawmut) -- accounted for more than 60 percent of total demand in 2000. Freedonia Industry Study 2

Study Highlights US Fuses & Circuit Breakers Demand, 2000 Molded Case Circuit Breakers 56.6% Power Circuit Breakers 14.3% Circuit Breaker Parts & Accessories 2.6% Other Fuses, Parts & Accessories 3.2% Electronic Fuses 7.1% High Power Fuses 7.7% Cartridge & Plug Fuses 8.5% US Fuses & Circuit Breakers Supply & Demand (million dollars) % Annual Growth Item 1990 2000 2005 2010 00/90 05/00 Private Fixed Investment (bil $) 849 1778 2370 3205 7.7 5.9 $ F&CB/000$ invest 2.4 1.9 1.8 1.7 SUMMARY TABLE Fuses & Circuit Breakers Demand 2080 3463 4310 5430 5.2 4.5 Circuit Breakers: 1458 2545 3190 4030 5.7 4.6 Molded Case Types 1046 1960 2445 3080 6.5 4.5 Power Types 358 496 630 800 3.3 4.9 Parts & Accessories 54 89 115 150 5.1 5.3 Fuses: 622 918 1120 1400 4.0 4.1 Cartridge- & Plug-Types 305 295 335 380-0.3 2.6 High-Power Types 197 267 300 340 3.1 2.4 Electronic 77 244 340 480 12.2 6.9 Other, Parts & Accessories 43 112 145 200 10.0 5.3 net exports 34-72 -135-240 Fuses & Circuit Breakers Shpts 2114 3391 4175 5190 4.8 4.2 Copyright by The Freedonia Group, Inc. Order form on last page 3

List of Contents, Tables and Charts I. EXECUTIVE SUMMARY Summary Table... 3 II. III. IV. MARKET ENVIRONMENT General... 4 Economic Environment... 5 Cyclical Trends... 5 Table - Macroeconomic Environment... 9 Long Term Trends... 9 Fuses & Circuit Breakers Market Trends...12 Table - Fuses & Circuit Breakers Market, 1990-2000...13 Chart - Fuses & Circuit Breakers Market, 1991-2000...14 Market Dynamics...14 Original Equipment Dynamics...15 Table - Manufacturers Shipments...17 Maintenance/Repair/Operations Dynamics...17 Table - Private Fixed Investment by Sector...19 Building Construction Trends...20 Table - Building Construction Expenditures...22 Regulations...22 Sulfur Hexafluoride...23 Electric Utility Deregulation...24 Other...25 TECHNOLOGY General...27 Basic Electrical & Electronic Properties...28 Circuit Protection Device Technology...30 Positive Temperature Coefficient Fuses...32 Arc-Fault Circuit Interrupters...33 Complementary Circuit Protection Technologies...35 Thyristors...36 Varistors...37 Transient Voltage Surge Suppressors...38 Sulfur Hexafluoride Alternatives...39 PRODUCT OVERVIEW General...41 Supply & Demand...42 Table - Fuses & Circuit Breakers Supply & Demand...43 Chart - Fuses & Circuit Breakers Demand by Type...44 Pricing Patterns...44 Table - Fuses & Circuit Breakers Pricing Deflators...46 Chart - Fuses & Circuit Breakers Pricing Deflators...46 International Environment...47 World Supply & Demand...48 Table - World Fuses & Circuit Breakers Market by Region...51 Trends in US Foreign Trade...51 Table - Trends in US Foreign Trade...53 Imports...54 Chart - US Fuses & Circuit Breakers Imports by Region, 2000...55 Exports...55 Chart - US Fuses & Circuit Breakers Exports by Region, 2000...56 V. CIRCUIT BREAKERS General...57 Products...57 Table - Circuit Breakers Supply & Demand...60 Chart - Circuit Breakers Demand by Type, 2000...61 Chart - Circuit Breakers Demand by Market, 2000...61 Molded Case Circuit Breakers...62 Table - Molded Case Circuit Breakers Demand...65 Industrial General-Purpose...65 Table - Industrial General-Purpose Molded Case Circuit Breakers Demand...67 Light-Duty...67 Table - Light-Duty Molded Case Circuit Breakers Demand...69 Specialty...69 Table - Specialty Molded Case Circuit Breakers Demand...71 Power Type Circuit Breakers...71 Table - Power Circuit Breakers Demand...75 Parts & Accessories...75 Table - Circuit Breaker Parts & Accessories Demand...76 Suppliers & Market Share...76 Chart - US Circuit Breakers Market Share by Company, 2000...77 VI. FUSES General...78 Products...79 Table - Fuses Supply & Demand...81 Chart - Fuses Demand by Type, 2000...82 4 Freedonia Industry Study

VII. Chart - Fuses Demand by Market, 2000...82 Cartridge- & Plug-Type Fuses...83 Table - Cartridge- & Plug-Type Fuses Demand...85 High-Power Fuses...85 Table - High-Power Fuses Demand...86 Power Fuses & Fuse Links...86 Distribution Cutouts...87 Electronic Fuses...88 Table - Electronic Fuses Demand...89 Products...90 Suppliers...92 Other Fuse Types...93 Table - Other Fuses Demand...95 Parts & Accessories...95 Table - Fuse Parts & Accessories Demand...96 Suppliers & Market Share...96 Chart - US Fuses Market Share by Company, 2000...97 MARKETS General...98 Table - Fuses & Circuit Breakers Market by Sector & Source... 100 Chart - Fuses & Circuit Breakers Market by Sector, 2000... 101 Chart - Fuses & Circuit Breakers Market by Source, 2000... 101 Nonresidential Construction... 102 Nonresidential Investment Trends... 102 Table - Nonresidential Fixed Investment... 103 Fuses & Circuit Breakers Demand... 104 Table - Nonresidential Construction Fuses & Circuit Breakers Market... 105 Residential Construction... 105 Household Spending & Investment Trends... 106 Table - Household Spending & Investment Patterns...107 Fuses & Circuit Breakers Demand... 108 Table - Residential Fuses & Circuit Breakers Market...110 Electric Power Generation... 110 Power Generation Sector Trends... 111 Table - Electric Power Generation... 114 Fuses & Circuit Breakers Demand... 115 Table - Power Generation Fuses & Circuit Breakers Market... 117 Industrial Machinery... 117 Industrial Machinery Trends... 118 Table - Industrial Machinery Shipments... 119 Fuses & Circuit Breakers Demand... 119 VIII. Table - Industrial Machinery Fuses & Circuit Breakers Market... 121 Electronic Equipment... 121 Electronics Sector Trends... 122 Table - Electronic Products Shipments... 123 Fuses & Circuit Breakers Demand... 124 Table - Electronic Equipment Fuses & Circuit Breakers Market... 126 Electrical Equipment... 126 Electrical Equipment Sector Trends... 127 Table - Electrical Equipment Shipments... 128 Fuses & Circuit Breakers Demand... 128 Table - Electrical Equipment Fuses & Circuit Breakers Market... 129 Nonautomotive Transportation Equipment... 129 Nonautomotive Transportation Equipment Outlook.. 130 Table - Nonautomotive Transportation Equipment Shipments... 132 Fuses & Circuit Breakers Demand... 132 Table - Nonautomotive Transportation Equipment Fuses & Circuit Breakers Market... 134 Automotive... 134 Motor Vehicle Sector Trends... 135 Table - Motor Vehicle Outlook... 137 Fuses & Circuit Breakers Demand... 137 Table - Automotive Fuses & Circuit Breakers Market...139 Other Markets... 139 Table - Other Fuses & Circuit Breakers Markets... 140 INDUSTRY STRUCTURE General... 141 Industry Composition & Market Share... 142 Table - Revenue Data: Selected Fuse & Circuit Breaker Manufacturers, 2000... 144 Chart - US Fuses & Circuit Breakers Market Share by Company, 2000... 145 Market Leaders... 146 Product Development & Manufacturing... 148 Table - Capital Spending Patterns: Selected Fuse & Circuit Breaker Manufacturers... 150 Marketing & Distribution... 151 Table - Selected Cooperative Agreements... 154 Financial Requirements... 155 Table - Composite Financial Ratios: Selected Fuse & Circuit Breaker Manufacturers... 157 Mergers, Acquisitions & Industry Restructuring... 157 Table - Selected Acquisitions & Divestitures... 159 Company Profiles...160-225 Order form on last page 5

Market Environment & Technology These Sections discuss factors influencing fuse and circuit breaker demand, including building construction trends and circuit protection device technology. MARKET ENVIRONMENT This information provides you with an understanding and an analysis of the climate in which the fuses and circuit breakers industry operates. Electric Utility Deregulation Deregulation of the power generation market will continue to be, by far, the most important development in the electric power sector, a major end use for fuses and circuit breakers. Beginning with the Energy Policy Act of 1992, which opened the SAMPLE PAGE national wholesale market, utility companies have been given a greater degree of freedom and risk, while the increase in nonutility generators (NUGs) has resulted in heightened competition for customers. Deregulation also allows greater creativity in supply and distribution planning, such as utilities purchasing power from NUGs at peak demand times and, therefore, a possible reduction in the level of total additional capacity TECHNOLOGY required. Although alternative suppliers still comprise a relatively small share of total US electricity generation -- 20 percent in 2000 -- this proportion has risen rapidly since the passage of the 1992 act. Positive Temperature Coefficient Fuses The traditional regulated public utilities have responded to the challenges created Positive temperature coefficient (PTC) fuses, by sometimes deregulation referred by cutting to as costs, polymerbased or polymeric positive temperature coefficient merging with one another and seeking opportunities in foreign (PPTC) markets fuses, were that have first also been deregulated. Suppliers to the power developed in the 1980s. These fuses take advantage generation of sector the positive -- including temperature fuse and circuit breaker manufacturers -- have been coefficient of certain materials SAMPLE used in the PAGE polymer, negatively whereby affected electrical by consolidation resistance within the traditional utilities industry, but increases as the temperature of the material rises. have benefitted PTC fuses from are made the emergence from a of new customers in the form of the polymer formed into thin sheets which have nonutility electrodes providers. at each end. These devices are technologically similar to PTC thermistors, or thermally sensitive resistors, which are typically used as temperature sensors As the in process US power control generation and other sector has deregulated, there has been increasing industrial applications. interest in distributed power generation, or small scale power production near the end user. The primary benefit of distributed generation is that it could eliminate The polymer used in these fuses is typically formed most of from the large a non-conductive power losses associated with the transmission and distribution of crystalline material and conductive particles such electricity as carbon over black. long distances. The conductive In addition, the Department of Energy is particles are packed into the polymer so that, supporting under normal efforts conditions, by a working current group of the Institute of Electrical and Electronics can flow through the polymer insulator via these Engineers particles. (IEEE) However, to develop during a uniform fault standard for interconnecting to utilities. conditions, the excess heat generated by the fault Until causes such standards the crystalline are formulated, structure of each utility, in cooperation with each state the polymer to undergo a phase change to an amorphous material. This amorphous material expands slightly and thereby breaks the flow of the current through the conductive particles. Since the material remains in the amorphous state until the heat dissipates, these fuses remain blown until the fault has been cleared from the circuit. After this occurs, the polymer cools down, returns to a crystalline structure, and the fuse resets. In addition to being resettable, PTC fuses offer 6 Freedonia Industry Study

Products FUSES The Product Sections provide demand for historical years and forecast growth to 2005 and 2010. This information helps you: Analyze your company's growth potential in the industry. Outline your strategic plans for five and ten years out. Establish sales goals. Power Fuses & Fuse Links The market for power fuses and fuse links is projected to increase 3.2 percent per annum to $200 million in 2005, faster than distribution cutout increases. Growth SAMPLE PAGE will rely heavily on replacement demand from electric utilities and expansion of generating capacity by industrial cogenerators and nonutility generators. Aftermarket prospects within the industrial sector will be relatively healthy as well, although demand associated with new capacity expansion will decelerate from the unsustainable rates of the mid/latter 1990s. High voltage fuses are typically used by utilities and other generators to prevent arcing, which would otherwise occur when high voltage systems are opened. Fuses appropriate for use in high-voltage applications are available in a number of designs, with expulsion and current-limiting types among the more commonplace. With expulsion fuses, the fuse element (or fuse link) is mounted in a tube, and a fault condition causes vaporization of the element and the fuse tube liner; this results in the expulsion of vapors from the tube, which deionizes the arc path created by the fault condition. Current-limiting fuses typically offer higher interrupting ratings than expulsion types, and thus are often employed for back-up protection purposes. Boric acid and pure silver are among the more widely used fuse elements in power fuse assemblies. Although facing stiff functional competition from circuit breakers in an array of settings, power fuses involve inherently lower maintenance requirements (and thus associated costs) than breakers, and are often specified for this reason. Specialty Molded Case Circuit Breakers Demand (million dollars) Distribution Cutouts -- Demand for distribution cutouts is projected to rise less than one percent per annum to $100 million in 2005, below the circuit protection devices forecast average pace but fairly consistent with the sluggish gains of recent Item 1990 1995 2000 2005 2010 years. Utilized almost exclusively in outdoor settings (e.g., to protect lowcapacity (bil overhead $) electric power 1410 lines), 1840 distribution 2375cutouts 3003 are essentially 3832 Durable Goods Shipments $ CB/000$ shpt assemblies of fuse links, fuse 0.17 holders and 0.15 support 0.19 mechanisms, 0.20 designed 0.21 for SAMPLE TABLE mounting directly on poles or other structures. Distribution cutouts offer the Specialty MCCB Demand advantage of visual indication 234 of blown 267 fuses, and 443 allow easy 590 replacement 800of Aerospace & Mil-Spec severed fuse links. A number 131 of individual 127designs 183 are available, 235 performing 320 a Electronic varied array of functions, ranging 36 from low-level 64 140 overload to 200 very high 290 fault Automotive 26 51 85 115 145 protection. Distribution cutouts enjoyed a spate of relative popularity during the Other 41 25 35 40 45 early 1990s, but demand has subsequently flattened as outdoor power lines continue to lose favor to underground power distribution systems. Since a reversal of this % specialty 22.4 20.6 22.6 24.1 26.0 trend is not expected, most prospective use will be replacement in nature, but may Molded Case Circuit Breakers Demand 1046 1299 1960 2445 3080 be aided by price hikes brought about by the limited supplier base. Copyright by The Freedonia Group, Inc. Order form on last page 7

Markets The Markets Section analyzes trends and considers the threats and opportunities in each of the major markets for fuses and circuit breakers. The information presented will help you: Focus your sales and marketing efforts on high growth areas. Propose new areas for development. MARKETS Nonautomotive Transportation Equipment - Fuses & Circuit Breakers Demand Demand for fuses and circuit breakers in the nonautomotive transportation SAMPLE PAGE equipment sector is projected to rise 5.6 percent annually to $295 million in 2005, above the forecast average pace for all user markets. Fueling gains will be continued strength in OEM conditions within the commercial and military aircraft segments, and generally favorable aftermarket fundamentals in most segments. The more favorable outlook for defense spending should also help support the aerospace portion of fuse and circuit breaker demand. In addition, the nonautomotive transportation market should potentially benefit from the development of arc-fault circuit interrupters (AFCIs) for aerospace applications. AFCIs typically use electronics to detect various potential arcing conditions in a circuit, and, when they detect these conditions, trip the circuit breaker to prevent fire. Because such fires are particularly dangerous in aircraft, in March 2000, the US Federal Aviation Administration, in cooperation with the Naval Air Systems Command and the Office of Naval Research, awarded contracts Power Generation Fuses & Circuit to develop Breakers AFCIs for aerospace Market applications to the Aerospace Controls division of (million dollars) Eaton and to Hendry Telephone Products. Under these contracts, the companies are developing AFCIs for use with both the Item 400 hertz 1990 and the 1995 28 volt direct 2000current 2005 electrical 2010 systems used in military and civilian airplanes by 2002. Initially, these products are expected to be used on non Electric Power Generation (bil kwh) flight critical 3022 circuits; 3357however, 3840Eaton 4190 expects that 4570 eventually AFCIs will be used $ F&CB/mil kwh as circuit 178.4 protection 184.4 throughout 185.7 the aircraft. 206.4 235.2 Power Generation Market 539 619 713 865 1075 By Product: Circuit Breakers Fuses Aircraft, space vehicles, ships, boats and the like typically feature large on-board electric power 349 distribution 415 systems, 473 and 580 thus provide 730important markets for fuses and circuit 190breakers. 204As a result, 240 applications 285 for circuit 345 protection devices within By User: Public Utilities 501 552 570 655 775 Cogenerators & Other Nonutility Copyright 38 by The 67 Freedonia 143 Group, Inc. 210 300 % pwr gen 25.9 24.7 20.6 20.1 19.8 Total Fuses & Circuit Break Demand 2080 2509 3463 4310 5430 Copyright by The Freedonia Group, Inc. SAMPLE TABLE 8 Freedonia Industry Study

Industry Structure Sample page from Freedonia Industry Study Gain #1117 a better Fractional understanding Horsepower of your Motors competition and analyze your company's position in the industry with information about: industry composition & market share INDUSTRY STRUCTURE market leaders product development manufacturing marketing & distribution financial requirements mergers & acquisitions Product Development & Manufacturing The manufacture of fuses and circuit breakers has not traditionally been considered a highly technology-intensive business, relative to such activities as semiconductors, computer software, biotechnology and the like. However, the increasingly complex circuit protection tasks required in latter-generation electronic products and systems are raising the importance of technology to the business, and requiring SAMPLE PAGE vendors to invest more heavily in research and product development. Apart from this, increasingly stringent customer demands for superior-performing products in general, along with vendors own desires to differentiate product offerings, are also raising the industry s technological bar. In addition, many applications, especially those involving harsh operating conditions such as aircraft and heavy-duty industrial machinery, require custom-built components specially designed to withstand the rigors of the operation. Finally, manufacturing to differing standards is routine in the business. All of these factors in combination are resulting in the heightened importance of product development as a competitive variable in the fuses and circuit breakers industry. Given the above, average R&D spending-to-sales ratios -- falling in the three-tofour percent range for most of the leading players -- are moderately higher than the average for all US manufacturers (about two-to-three percent), and have been rising noticeably in recent years. In addition, it is not unusual for more diversified firms with activity in higher-technology businesses, such as General Electric, to exhibit even higher ratios. Production processes utilized in the manufacture of fuses and circuit breakers involve primarily the assembly and fastening of electrical elements (fuse links, trip mechanisms, contacts, handles, etc.), the insertion or assembly of active components and subsystems into housings, and inspection and testing. Materials commonly used in these processes include aluminum, zinc alloys and other metals; Order form on last page 9

Company Profiles The Profiles Section analyzes 42 companies active in the U.S. fuses and circuit breakers market. These profiles represent a sampling or cross-section of the types of companies involved in the industry. COMPANY PROFILES Divisions, subsidiaries, joint ventures, etc., are discussed under appropriate parent companies. Sources for profiles included: Information provided by key staff members in the respective companies Annual reports 10-K reports Security analysts reports Corporate product literature Tyco International Limited The Zurich Centre, Second Floor 90 Pitts Bay Road Pembroke HM08 Bermuda 441-292-8674 Tyco Electronics 2901 Fulling Mill Road Middletown, PA 17057 717-564-0100 Tyco International operates in five segments: Telecommunications; Electronics; Healthcare and Specialty Products; Fire and Security Services; and Flow Control Products and Services. In FY 2000, the Company had sales of $28.9 billion. Tyco employed 202,000 in FY 2000. SAMPLE PAGE The Company participates in the fuses and circuit breakers industry through its Electronics segment, which had FY 2000 sales of $9.9 billion. The segment operates as the Tyco Electronics division and is a leading global supplier of products for communications, computer, instrumentation, industrial machinery, aerospace and defense, automotive and consumer electronics applications. The Tyco Electronics division operates through a number of subsidiaries, including Raychem Corporation, Tyco Electronics EC GmbH & Company KG and Dorman Smith. In August 1999, Raychem was acquired by Tyco and added to the Tyco Electronics division. Raychem develops, manufactures and markets a variety of highperformance products for electronic original equipment manufacturers and Copyright by The Freedonia Group, Inc. Freedonia Industry Study 10

Companies Profiled ABB Ltd. Asea Brown Boveri Ltd. Airpax Corp. LLC Power Protection Products Alstom SA Altech Corp. Bel Fuse Inc. Bourns Inc. Power Innovations Ltd. Carbone-Lorraine Ferraz Shawmut Inc. Gould Shawmut Carling Technologies Inc. Cooper Industries Inc. Eagle Electric Mfg. Co. Inc. Danaher Corp. Joslyn Hi-Voltage Corp. Delta plc Innovative Technology Inc. E-T-A Circuit Breakers Eaton Corp. Cutler-Hammer Emerson Electric Co. Therm-O-Disc Inc. Fuji Electric Co. Ltd. G&W Electric Co. Hotsplicer Corp. General Atomics General Electric Co. GE-Hitachi HVB Inc. Heinrich Industrie AG Efen Elektrotechnische Fabrik GmbH Pudenz (Wilhelm) GmbH Wickmann USA Inc. Hubbell Inc. AB Chance Co. Invensys plc BTR Siebe Fasco Controls Corp. Kyocera Corp. AVX Corp. L-3 Communications Corp. SPD Technologies Legrand SA Pass & Seymour-Legrand Inc. Littelfuse Inc. Suppression Products Group Maxwell Technologies Inc. Mechanical Products Inc. Mitsubishi Electric Corp. Moeller Holding GmbH & Co. KG NEC Corp. Panel Components Corp. Philips Electronics NV Powell Industries Inc. Regal-Beloit Corp. Marathon Special Products San-O Industrial Corp. Schneider Electric SA Square D Co. Schurter AG Siemens AG Murray Electrical Products Technology Research Corp. Texas Instruments Inc. Thomas & Betts Corp. Tyco International Ltd. Dorman Smith Potter & Brumfield Products Raychem Corp. Siemens Electromechanical Components GmbH & Co. KG Order form on last page 11

Forecasting Methodology Freedonia does not just collect and reprint data; Freedonia develops data. Our analysts thoroughly investigate an industry by extensively interviewing key industry participants and analyzing information from sources such as associations, government and trade literature. Once this research is complete, Freedonia establishes one set of forecasts. All writing, editing and forecasting is done in-house to assure quality and consistency. In cases where data does not exist, Freedonia develops the data based on input/output ratios, bills of materials and flow charts. The following chart summarizes Freedonia's methodology: The Freedonia Economics Group Consistent framework of economic indicators on... Manufacturers' Shipments Transportation Equipment Shipments Gross Domestic Product (GDP)... and many others Freedonia In-house Research Quantitative forecasting Industry structure & market share analyses Product analyses & forecasts Methodology for Fuses & Circuit Breakers Extensive Interviews Key participants Industry experts End-users Proprietary Electronic Database Trade publications Government reports Corporate literature Online databases... and many others 12 Freedonia Industry Study

About The Freedonia Group The Freedonia Group, Inc. is a leading international industry study/ database company. Since 1985, Freedonia has published over 1,600 titles covering areas such as chemicals, coatings and adhesives, building materials, plastics, industrial components and equipment, health care, packaging, household goods, security, and many other industries. Freedonia has produced a wide variety of titles, including: Passive Components Industrial Controls Electric Power Equipment Insulated Wire & Cable Because Freedonia is a reliable information source, our forecasts are cited in numerous publications such as The Wall Street Journal, Purchasing and EE Times. Advantages of Freedonia Reports In-house operations Because all of our staff work at the same location, interaction between analysts and departments provides a strong system of checks and balances. Consistency Our Economics Group develops indicators that are used by all analysts. Therefore, every Freedonia study is based on a consistent set of economic assumptions (GDP, manufacturers' shipments, transportation equipment shipments, etc.) Reliable forecasts Because all of our forecasts consider the environment in which a product or industry is operating, as well as threats and opportunities to the market, Freedonia forecasts are reliable indicators of future performance. One-on-one interviews All studies are produced by conducting interviews with key industry participants and end-users. Proprietary electronic database Freedonia s analysts can tap into an extensive in-house electronic database containing corporate literature (including private company information), trade publications, government reports and many other sources of information. Order form on last page 13

About Our Customers Freedonia's clients include major US and international companies in the manufacturing, services, consulting and financial sectors. Typical purchasers of Freedonia studies : Key Executives Corporate Planners Market Researchers Financial Analysts Information Centers New Product Developers Merger & Acquisition Specialists Since 1985 we have provided research to customers ranging in size from global conglomerates to one person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia research to help with their strategic planning. Some of Freedonia's customers in the fuses and circuit breakers market include: Cooper Industries Incorporated, Eaton Corporation, Littelfuse Incorporated, Schneider Electric and Tyco International Limited. 14 Freedonia Industry Study

Other Titles From Freedonia For more information about these or other Freedonia titles, please contact us at: The Freedonia Group, Inc. Phone: (440) 684-9600 (800) 927-5900 Fax: (440) 646-0484 World OEM Automotive Electronics Global demand for OEM automotive electronics will grow 6.8% annually through 2005, driven mainly by higher per vehicle electronics content. Entertainment, communications and navigation systems will lead developed country gains while safety, efficiency and emission control packages fuel developing world markets. This study analyzes the $70 billion world OEM automotive electronics industry to 2005 and 2010 by product, region and for 21 countries. It also presents market share data and profiles leading companies. #1440......... 6/01.......... $4,500 Industrial Controls US demand for industrial controls will grow 6% annually, driven by continuing innovation in solid-state controls and rising demand for software and system integration services. Advanced controls will outpace conventional devices. Durable goods industries will remain the largest market, while services, chemicals and utilities grow the fastest. This study analyzes the $14.5 billion US industrial controls industry to 2005 and 2010 by product and market. It also includes key company profiles and market share. #1400......... 3/01.......... $3,700 Passive Components Passive electronic component demand will exceed $21 billion in the US by 2005. Growth will be driven by applications in wireless and fiber optic communications, defense and aerospace, and motor vehicles. Connectors will remain the largest product segment, while microwave components and inductance devices exhibit the best growth. This study analyzes the $17.8 billion US passive components industry to 2005 and 2010 by product and market. It also presents market share data and profiles key companies. #1376......... 3/01.......... $3,700 Electric Power Equipment Growth in US demand for electric power equipment will be bolstered by the positive outlook for electrical and electronic equipment. Gains will also benefit from the increasing use of computers and other sensitive electrical devices which require more advanced distribution equipment to protect against power surges and failures. This study analyzes the $14 billion US electric power equipment industry to 2004 and 2009 by market and product. It also presents market share data and profiles selected key industry participants. #1360......... 11/00.......... $3,600 World Electronic Components World electronic component demand will grow over 9% annually based on further development of the Internet, new generations of handheld and wireless computers, and rising electronic content in original equipment. High-end integrated circuit (IC) devices such as microprocessors and digital logic ICs will lead gains. This study analyzes the $278 billion world electronic components industry to 2004 and 2009 by product, market and region, and for 33 countries. It also details market shares and profiles key vendors. #1322......... 10/00.......... $4,500 Insulated Wire & Cable - Private Companies Report Eight private companies have total insulated wire and cable sales over $200 million, including the third largest supplier to the US market. Five other private firms have total company sales over $200 million. This report profiles 150+ private US firms (e.g., Coleman Cable, Int. Wire Group, Leviton Mfg., Marmon Group, Okonite, Rea Magnet Wire, Rome Cable, Southwire) and lists them by product and location. The report also forecasts industry demand, details market share data and examines acquisitions. #1296......... 7/00.......... $3,200 Insulated Wire & Cable Demand for insulated wire and cable in the US will grow over 5% annually. Gains will be driven by continuing growth in fiber optic computer networking and multimedia communications, as well as the ongoing deregulation of electric power generation. Communications will remain the largest market, even with the onset of wireless technology. This study analyzes the US insulated wire and cable industry to 2004 and 2009 by material, product and market. It also details market share and profiles key companies. #1277......... 5/00.......... $3,700 Order form on last page 15

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