Press release
Consumption of Automotive Fuse to Remain High During 2016 to 2026
Report overview @ https://www.persistencemarketresearch.com/market-research/automotive-fuse-market.asp
For instance, for one ampere black colour is denoted, similarly for 35 ampere bluegreen colour is denoted and for 120 ampere purple colour is denoted. For bosch type fuses, colour coding is done for different ampere including five ampere (yellow colour), eight ampere (white colour), 16 ampere (red or green colour), 25 ampere (blue colour) and 40 ampere (grey colour). Similarly, there is colour coding for each fuse type, which depends on the ampere rating of the fuse. Automotive fuse manufacturers are focused on developing their product range catering to the demand for innovative and wide product coverage among automobile manufacturers.
Designing attractive packaging for automotive fuses is a key trend among automotive fuse manufacturers. This is attributed to offer convenience, varied selection and tool availability to the customer. For instance, availability of two different fuses in one pack ensures customer need for broad vehicle range, compact packaging allows ease of storage and availability of tools results in one pack helps safe usage of the tool, when required.
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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.
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