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Automotive Fuse Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

Automotive Fuse Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

 

Sarasota, FL -- (SBWIRE) -- 06/19/2018 -- Global Automotive Fuse Market: Overview

Automotive fuses are basically used for protection of electrical wiring, components, circuits and switches of the vehicles from fluctuating power flows. They are usually used for circuits lower than a direct current of 24 volts but sometimes these are rated for electrical systems with 42 volts in non-automotive electrical systems. Automotive fuse Manufacturers are now focusing on developing wide product range and innovative automotive fuses.

Global Automotive Fuse Market: Growth Factors

The demand for high voltage architecture, vehicle comfort and safety, availability of two fuses in one packaging, increasing vehicle electrification are expected to augment the growth of the Global Automotive Fuse Market. Moreover, demand for increase in vehicle power and battery capacity are the factors anticipated to strengthen the demand for Automotive Fuse in the market. On the other hand, the lack of development in the low voltage fuses field will hinder the growth of the Global Automotive Fuse Market. The rising demand for premium vehicles along with autonomous and semi-autonomous vehicles are leading to create huge opportunities for the Global Automotive Fuse Market.

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Global Automotive Fuse Market: Segmentation

The Global Automotive Fuse Market is fragmented into Fuse Type, Application, Voltage, motor Output, Application in BEV, Battery Capacity, Market Type, Ampere, Vehicle Type and Electric Vehicle Type. On the basis of Fuse Type, the Global Automotive Fuse Market is divided into Blade, Glass tube, Semiconductor and Others. On the basis of Applications Type, the Global Automotive Fuse Market is segmented into Auxiliary, Engine, Charge inlet, Battery, PCU, Onboard and Traction Motor. On the basis of Voltage, the Global Automotive Fuse Market is classified into 12 & 24V, 24-48V, 49-150V, 151-300V and >300V. On the basis of Motor Output, the Global Automotive Fuse Market is segmented into <80kW, 80-200kW and >200kW. On the basis of Applications in BEV, the Global Automotive Fuse Market is segmented into Auxiliary, Charge inlet, Battery, PCU, Onboard and Traction Motor. On the basis of Battery Capacity, the Global Automotive Fuse Market is classified into <30kWh, 30-75kWh, 75-150kWh and >150kWh. On the basis of Market Type, the Global Automotive Fuse Market is bifurcated into OEM and Aftermarket. On the basis of Ampere, the Global Automotive Fuse Market is classified into <40A, 40-100A, and >100A. On the basis of Vehicle Type, the Global Automotive Fuse Market is segmented into PC, LCV, HCV and Mild Hybrid (48V). On the basis of Electric Vehicle Type, the Global Automotive Fuse Market is divided into BEV, HEV and PHEV.

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Global Automotive Fuse Market: Regional Analysis

From a regional point of view, the Global Automotive Fuse Market is projected to be dominated by the Asia Pacific in the years to come owing to increasing demand of the vehicle comfort and safety, government rules and regulations on the safety features and high sales of the vehicles. Moreover, demand for vehicles with higher electrification in countries like Japan and China are anticipated to increase the growth of the Global Automotive Fuse Market. Countries in Latin America and North America are projected to have a steady growth rate.

Global Automotive Fuse Market: Competitive Players

Some of the most important market players in the Global Automotive Fuse Market are Eaton, ON Semiconductor, Littelfuse, Inc., Sensata Technologies, Inc., MERSEN S.A., Pacific Engineering Corporation, SCHURTER Holding AG, OPTIFUSE, AEM Components, Inc. and Fuzetec Technology Co., Ltd., among others.

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Global Automotive Fuse Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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