Los Angeles, CA -- (SBWIRE) -- 05/29/2019 -- A fuse prevents electricity overload that protects electrical and electronic devices connected to the circuit. Electric fuses have different applications and the voltage requirement for each of these applications is different. The analysts forecast the global electric fuse market to grow at a CAGR of 4.2% during the period 2018-2022. One of the latest trends gaining traction in this market is the growth in the adoption of automotive electronics. Electronic components used in vehicles necessitate the use of electric fuses for the safety of electronic components.

The growing demand for advanced in-car systems such as premium audio systems, advanced driver assistance systems, on-board diagnostic systems, infotainment systems, and electronic transmission has been the major factor for the rise in sales of electric fuses in the automotive electronics sector. Also, the extensive use of high-end infotainment systems among luxury vehicle manufacturers will further propel the growth of the global electric fuse market during the forecast period.

The global electric fuse market is a mature market and is characterized by the presence of multiple manufacturers competing for a higher market share. To gain a competitive advantage and increase market share, manufacturers focus on innovative and efficient product offerings at an affordable price. The global Electric Fuse market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.

This report studies the Electric Fuse market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Electric Fuse in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

ABB

Bel Fuse

Eaton

Littelfuse

Mersen

AVX Corporation

Bourns

Fuji Electric

Legrand

Mitsubishi Electric

Schneider Electric

SCHURTER

Siemens

By the product type, the market is primarily split into

High voltage fuses

Low voltage fuses

By the end users/application, this report covers the following segments

Power

Automotive

Electrical and electronics

Industrial

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