The invention discloses a drop fuse replacement apparatus. The drop fuse replacement apparatus comprises a top plate, wherein a pair of linkage mechanisms are symmetrically connected to the front and back sides of the left end part of the top plate through a rotary shaft; each linkage mechanism comprises a rotary rod, a connecting plate, a hanging ring and a telescopic insertion rod; the connecting plate is provided with the hanging ring connected with a hook; each connecting plate is connected with a drop fuse; a fixed pulley and an insertion rod are arranged on the right side of the rotary shaft in sequence; the hook and the hanging ring connected with one connecting plate through the hook are arranged at one end of a cable rope penetrating through the fixed pulley; the other end of the cable rope is connected with a side wall of a winding column; a limiting insertion hole for the winding column to be inserted is formed in the insertion rod; a plurality of insertion holes are formed in the outer side wall of the rotary shaft of the fixed pulley; the telescopic insertion rod is arranged on the connecting plate; and a plug capable of being inserted and fixed in the insertion hole is arranged at the top of the telescopic insertion rod. According to the apparatus, a mounting angle of the drop fuse can be adjusted and the drop fuse can be firmly fixed and mounted; and a standby apparatus is provided, so that after a used device is damaged, the replacement and installation can be conveniently carried out and the repair efficiency can be improved.