Automotive Fuse Industry 2018 Global Market Analysis From 2018 To 2023 By Size, Growth, Trends, And Region

Automotive Fuse Market 2018 – Global Industry Forecast to 2023, is latest report on Global Automotive Fuse Market Size, Trends, Share, Growth, And Regional Outlook To 2023. Global Automotive Fuse Market By Fuse Type (Blade, Glass Tube, Semiconductor, Others), Current (100a), Vehicle Type (Passenger Car, Commercial Vehicle), Sales Channel (OEM, Aftermarket) and By Region - Forecast Till 2023.

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The prominent players in the automotive fuse market include 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.    

Market Highlights:

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 market is segmented based on fuel type, material, technology, and vehicle type. 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 (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.

The report for Global Automotive fuse market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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