Global Automotive Fuse Market
Automotive Fuse Market Dynamics:
Macro-economic factors such as GDP impact on sales of commercial vehicles, growing urbanisation, developing infrastructure are driving the automotive industry market growth at broader level. Rising demand for automobiles in countries such as South Korea, Japan, China and India has led automotive parts manufacturers to develop improved systems. This is driving the demand for efficient automotive parts and thus, fuelling the automotive fuse market growth globally. In addition, technological advancements to ensure soldering, development of fully insulated clips, use of tin and nickel plated brass contacts ensuring resistance to vibration and shock are leading towards development of advanced automotive fuse, which is thus fuelling automotive fuse market growth. Increasing use of high-power fuses is another factors bolstering the demand for efficient automotive fuses. Also, market for automotive fuse replacement is anticipated to witness significant growth in the near future
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Automotive Fuse Market Key players:
Some of the players in the automotive fuse market include Eaton Corporation Inc., Littelfuse, Inc., MERSEN S.A., SCHURTER Inc., SIBA, Sensata Technologies, Inc., Carling Technologies Inc., Mouser Electronics, Inc., OptiFuse, Panduit Corp, AEM, Inc., Blue Sea Systems, GLOSO TECH Inc., Anixter Inc., Dongguan Better Electronics Technology Co. Ltd. and NTE Electronics, Inc. among others. Automotive Fuse manufacturers are focused on developing low cost and compact automotive fuses mitigating the end use customer requirements.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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