Top 10 Advantages of Electrical Fuse

It is the economical form of power system protection
No maintenance is required for fuses
A fuse possesses an inverse time-current characteristic that makes it suitable for overcurrent protection
It can break heavy short-circuit currents without producing any noise or smoke
The minimum time of operation for a fuse can be made much shorter than with the circuit breakers
The operation of a fuse is inherently completely automatic as opposed to a circuit breaker which requires elaborate equipment for automatic action
The smaller sizes of fuse elements impose a current limiting effect under short-circuit conditions
Is a standalone device, and requires no relay for operation
Operating time is around 0.002 seconds
Simple in design

Apart from the above advantages, there are some cons associated with fuses. Read them here