For understanding Automotive Fuse Global Market is segmented by use Type (Blade, Glass Tube, Semiconductor, Others), Current (<40a, 40-100a, >100a), Vehicle Type (Passenger Car, Commercial Vehicle), Sales Channel (OEM, Aftermarket) and By Region.
Automotive Fuse Global Key Companies Market Analyzed In Report Are:
Eaton (Ireland), ON Semiconductor (US), Littelfuse, Inc. (US), Sensata Technologies, Inc. (US), MERSEN S.A. (France), SCHURTER Holding AG (Switzerland), and Carling Technologies Inc. (U.S.). Mouser Electronics, Inc.(U.S.), OptiFuse (U.S.), Panduit Corp (U.S.), AEM, Inc. (U.S.), and Blue Sea Systems(U.S.) are among others.
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Global Automotive Fuse Market Highlights:
Market Research Future published research report on global Automotive Fuse industry. Report provides five-year annual trend analysis that highlights market size, volume, opportunities and share for North America, Asia-Pacific, Europe And Rest of The World. The Automotive fuse market is expected to expand at CAGR of around 6.55% during the period 2018 to 2023.
This report includes a study of strategies, of major Automotive Fuse Market players. It includes the product portfolios and developments of leading major players.
Automotive Fuse is used to protect the wiring and electrical equipment in vehicles. They are generally rated from 32-volt direct current, but sometimes they are rated at 42 volts. The increased use of electronic components in the vehicles such as infotainment is expected to drive the fuse market in future. The automotive fuse is also majorly used in electric vehicles, which will increase the demand for automotive fuses. There has been an increase in the sales of electric vehicles in countries such as India and China, which will result in increased use of fuse in the vehicles.
According to OICA, the sales of new vehicles has increased from 2013 to 2016. In 2013, the number of vehicles sold were 85.6 million while in 2016 it was 9.38 million. The increase in the demand of passenger and commercial vehicle is expected to drive the automotive fuse market during the forecast period.
Automotive Fuse Market Segmentation:
MRFR’s report segments the market on the basis of fuel type, material, technology, and vehicle type and Region.
On the basis of fuel type, the market is segmented into blade, glass tube, semiconductor, others. The blade fuse type is expected to dominate the market in future because they are compact in size, lighter in weight, and durable as compared to other types of fuse. The increased use of blade type fuse in the automotive sector is expected to drive the segment in future.
On the basis of Current, the market is segmented into (<40A, 40-100A, >100A. 40-100A current segment is expected to dominate the market in future because they are generally used in engine-related electric circuits, low voltage inlets, and motors.
On the basis of vehicle type, the market is segmented into passenger car and commercial vehicles. Passenger car segment is expected to dominate the market in future due to an increase in the sales of passenger car in emerging economies.
Automotive Fuse Regional Market Analysis:
Asia Pacific region is expected to dominate the market in future because automotive manufacturers are setting up their base in this region due to the high demand of passenger and commercial vehicles. This increase in the demand of the vehicles will result in increased use of automotive fuse and hence will further drive the market.
North America is expected to be the second largest region for automotive fuse market due to the growing demand for fuse in the vehicles. The rising demand for passenger cars has resulted in the growth for the automotive fuse market in North America, where U.S. is expected to dominate the automotive fuse market due to the increase in demand for safety of the components.
Europe is expected to be the third largest region in this market due to the increased presence of several auto giants in the automotive industry. Germany is one of the major exporters of automotive fuse in Europe. Presence of well-established automotive players along with growing demand for passenger vehicles has pushed the market for automotive fuse in Germany.
Major Table of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
Continued…
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