Press release
Automotive Fuse Market 2018 Key Country Analysis: Global Industry Size, Share, Key Players Eaton, ON Semiconductor, Littelfuse, Sensata, MERSEN, SCHURTER, Carling, Mouser Electronics, OptiFuse, Panduit, AEM, and Blue Sea Systems
Global Automotive Fuse Market is growing at high growth rate during forecast period of four years from 2018. Automotive Fuse Market is segmented by Fuse Type (Blade, Glass Tube, Semiconductor, Others), Current (100a), Vehicle Type (Passenger Car, Commercial Vehicle), Sales Channel (OEM, Aftermarket) and By Region in this report.
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Competitive Landscape
Automotive Fuse Market Key Players 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.).
The global Automotive Fuse Market is highly competitive. The market players are leveraging various strategies such as acquisitions, partnerships, and investments to stay ahead of the competition in the global Automotive Fuse Market. The market participants are trying to come up with advancements in the Automotive Fuse.
Market Scenario:
The automotive fuse market is majorly driven by the growing use of electronic components in the automotive industry. The passenger and commercial vehicles sales have increased mainly due to competitive and diverse option available of finance. The availability of finance has resulted in increased purchase of the vehicle. 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.
The automotive fuse is majorly used to protect the circuit from overloading of the current. They are generally used in electronics and electrical components in the vehicles. Different types of fuse are used in the vehicles depending on the requirement in components. Blade fuse, glass tube, and semiconductor are three different type of fuse used in the vehicles. Blade type fuse consists of plastic body and two pins that allows the fuse to fit in the systems. The blade type comes in six types of dimension such as micro2, micro3, LP-mini, mini, regular, and max. 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.
Regional Analysis
On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the market in future due to an increase in production of passenger and commercial vehicles. The automotive manufacturers are investing heavily in this region due to the availability of cheap labor and growing demand for the 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 to grow in this market during the forecast period.
Market Segmentation:
The scope of the study segments the global automotive fuses market by its fuse type, current, sales channel, and vehicle type, and region
By Fuse Type:
Blade
Glass Tube
Semiconductor
Others
By Current:
100A
By Vehicle Type:
Passenger car
Commercial vehicle
By Sales Channel:
OEM
Aftermarket
List of Tables:
Table 1 Global Automotive Fuse Market: By Region, 2017-2023
Table 2 North America Automotive Fuse Market: By Country, 2017-2023
Table 3 Europe Automotive Fuse Market: By Country, 2017-2023
Table 4 Asia Pacific Automotive Fuse Market: By Country, 2017-2023
Table 5 RoW Automotive Fuse Market: By Country, 2017-2023
Table 6 Global Automotive Fuse Market, By Fuse Type, By Regions, 2017-2023
Table 7 North America Automotive Fuse Market, By Fuse Type, By Country, 2017-2023
Table 8 Europe Automotive Fuse Market, By Fuse Type, By Country, 2017-2023
Table 9 Asia Pacific Automotive Fuse Market By Fuse Type, By Country, 2017-2023
Table 10 RoW Automotive Fuse Market By Fuse Type, By Country, 2017-2023
Table 11 Global Automotive Fuse By Current Market: By Regions, 2017-2023
Table 12 North America Automotive Fuse Market By Current: By Country, 2017-2023
Table 13 Europe Automotive Fuse Market By Current: By Country, 2017-2023
Table 14 Asia Pacific Automotive Fuse Market By Current: By Country, 2017-2023
Continued…
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